2021-05-14T12:13:31-05:00 2020-06-30 861065772 Deloitte Tax 111 Monument Circle Suite 4200 Indianapolis IN 462045108 990 2019-07-01 310537516 Xavier University XAVI 5137453445 3800 Victory Parkway Cincinnati OH 452074531 Stephen Storck VP, Financial Admin & CBO 5137453445 2021-05-14 1 Jeffrey D Frank P00287234 3174648600 2019 2022-09-23 18:48:47Z Philip G Chick 3800 Victory Parkway Cincinnati OH 452074531 689368049 0 X www.xavier.edu X 1842 OH Xavier is a Jesuit Catholic University rooted in the liberal arts tradition. Our mission is to educate each student intellectually, morally, and spiritually. We create learning opportunities through rigorous academic and professional programs integrated with co-curricular engagement. In an environment of open and free inquiry, we prepare students for a world that is increasingly diverse, complex and interdependent. Driven by our commitment to the common good and to the education of the whole person, the Xavier community challenges and supports students as they cultivate lives of reflection, compassion and informed action. 37 35 3362 400 1136907 0 34130767 28377437 270590440 271042416 13144447 8761595 -30152 51842 317835502 308233290 92750240 95132449 0 0 106762054 109143971 0 0 4775664 88442802 88730037 287955096 293006457 29880406 15226833 696216486 682170280 254256402 260810344 441960084 421359936 X Xavier is a Jesuit Catholic University rooted in the liberal arts tradition. Our mission is to educate each student intellectually, morally, and spiritually. We create learning opportunities through rigorous academic and professional programs integrated with co-curricular engagement. In an environment of open and free inquiry, we prepare students for a world that is increasingly diverse, complex and interdependent. Driven by our commitment to the common good and to the education of the whole person, the Xavier community challenges and supports students as they cultivate lives of reflection, compassion and informed action. 0 0 134008095 91373238 224008205 Xavier University is a private, coeducational university that educates students in the Jesuit Catholic tradition. Xavier's three colleges offer 90 undergraduate majors, 60 minors and 30 graduate programs to 6,993 students, including 5,047 undergraduates. Xavier has been recognized as one of the top 10 universities in the Midwest for the last 20 years by several independent reviews. A 12:1 student to faculty ratio encourages interactive and supportive learning. Xavier students have high graduation and career placement rates. 112591468 3460713 47034211 Xavier University offers student services which contribute to the student's emotional and physical well being as well as intellectual, cultural and social development outside the context of formal instruction. These services include Student Government, Residential Life, Student Involvement, Career Services Center, Office of Multicultural Affairs, Intercollegiate Affairs, Recreational Sports, Retail Services, Dining Services, Campus Police, and others. 21445994 298498 Academic support includes the operation of the Library, the Conaton Learning Commons and Division of Information Resources. In addition to the resources in the library collections, the facilities provide study, lounge, conference, instruction space, technologies, and services to help students master essential skills and gain a competitive advantage in their respective disciplines and careers. 268045557 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 1 1 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 1 1 1 1 1 0 1 649 21 3362 1 1 1 1 CJ 0 0 1 1 1 1 0 0 0 0 1 0 X 37 35 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 1 1 CO KY MA MD MI NH OR WA X X X Philip G Chick 5137453445 3800 Victory Parkway Cincinnati OH 452074531 Travis Steele Head Coach-Men's Basketball 40.00 0.00 X 1628198 0 68084 Gregory A Christopher VP Admin & Director of Athletics 40.00 0.00 X 409413 0 103056 Gary R Massa VP for University Relations 40.00 0.00 X 338721 0 64004 Joseph H Feldhaus General Counsel and Secretary 40.00 0.00 X 294564 0 61076 Melissa J Baumann Provost/Chief Academic Officer 40.00 0.50 X 305468 0 47105 Philip G Chick VP, Financial Admin and CBO 40.00 2.00 X 275674 0 66639 Jonas L Hayes Asst Coach-Men's Basketball 40.00 0.00 X 273356 0 44497 Benjamin L Johnson Asst Coach-Men's Basketball 40.00 0.00 X 269824 0 43842 Dr Thomas J Hayes Dean-Williams College of Business 40.00 0.00 X 258414 0 53670 Aaron Meis VP, Enrollment Management 40.00 0.00 X 229433 0 64827 Melanie S Moore Head Coach-Women's Basketball 40.00 0.00 X 243490 0 36266 Jeffrey Coleman Vice President for Risk Management 40.00 0.50 X 176404 0 56045 John F Kucia Vice President Emeritus 40.00 2.00 X 160515 0 37270 Rebecca L Cull JD General Counsel (Start 1/20) 40.00 0.00 X 144499 0 20662 Shakila T Ahmad Trustee (Start 5/20) 0.50 0.00 X 0 0 0 Jodi Allen Trustee 0.50 0.00 X 0 0 0 Donna Jones Baker Trustee 0.50 0.00 X 0 0 0 Calvin D Buford Esq Trustee (End 5/20) 0.50 0.00 X 0 0 0 Michael D Class SJ Trustee 0.50 0.00 X 0 0 0 Michael J Conaton Trustee 0.50 0.00 X 0 0 0 Kevin M Crawford Trustee (Start 5/20) 0.50 0.00 X 0 0 0 Stephen G Cuntz Trustee 0.50 0.00 X 0 0 0 Justin Daffron SJ Trustee 0.50 0.00 X 0 0 0 Walter C Deye SJ Trustee 0.50 0.00 X 0 0 0 Dr Michael R Fortin Trustee 0.50 0.00 X 0 0 0 Rev Daniel S Hendrickson SJ PhD Trustee 0.50 0.00 X 0 0 0 Deborah A Henretta Trustee 0.50 0.00 X 0 0 0 Ann Finefrock Hoffman Trustee 0.50 0.00 X 0 0 0 Natasha A Holiday Trustee 0.50 0.00 X 0 0 0 Barbara J Howard Esq Trustee/Past Chair 0.50 0.00 X X 0 0 0 Damon D Jones Trustee 0.50 0.00 X 0 0 0 Gregory G Joseph Trustee 0.50 0.00 X 0 0 0 David L Joyce Trustee 0.50 0.00 X 0 0 0 John B Maydonovitch Trustee 0.50 0.00 X 0 0 0 Michael E McCaw Trustee 0.50 0.00 X 0 0 0 Joseph A Pichler Trustee (End 5/20) 0.50 0.00 X 0 0 0 Penny Kereiakes Pomeranz Trustee 0.50 0.00 X 0 0 0 John S Prout Trustee 0.50 0.00 X 0 0 0 Dr Janet Butler Reid Trustee 0.50 0.00 X 0 0 0 Timothy J Reilly Trustee 0.50 0.00 X 0 0 0 Rebecca Kohlhepp Scullin Trustee 0.50 0.00 X 0 0 0 Timothy J Schroeder Trustee 0.50 0.00 X 0 0 0 Thomas F Sedler Trustee 0.50 0.00 X 0 0 0 Stephen S Smith Trustee (End 5/20) 0.50 0.00 X 0 0 0 John Thiede SJ Trustee 0.50 0.00 X 0 0 0 Theodore H Torbeck Trustee 0.50 0.00 X 0 0 0 William Vebryke SJ Trustee 0.50 0.00 X 0 0 0 Kathlyn R Wade Trustee 0.50 0.00 X 0 0 0 Katherine S Napier Zanotti Trustee 0.50 0.00 X 0 0 0 Michael J Graham SJ President 40.00 0.00 X X 0 0 0 Ralph S Michael III Vice Chair 0.50 0.00 X X 0 0 0 Robert S Heidt Jr MD Vice Chair 0.50 0.00 X X 0 0 0 Vincent C Caponi Chair (Start 9/19) 0.50 1.50 X 0 0 0 W Rodney McMullen Treasurer 0.50 0.00 X X 0 0 0 5007973 0 767043 195 1 1 0 Messer Construction 5158 Fishwick Drive Cincinnati OH 452162216 Construction Services 22245697 Chartwells Dining Services 1624 Herald Ave Ste 200 Cincinnati OH 452071099 Provider of Food Service 7913853 Orbis Educational Services LLC 301 Pennsylvania Parkway Indianapolis IN 462801397 Education Services 5111341 Universal Contracting Corporation 5151 Fishwick Drive Cincinnati OH 452162215 Construction Services 3911570 Integrity Specialty Contractors 7324 Kirkridge Drive Cincinnati OH 452334233 Construction Services 1999054 76 11275 3512511 24853651 1482224 28377437 Tuition and Fees 611710 224008205 224008205 Auxiliary Enterprises 611710 43882090 42793642 1088448 Educational Activities 611710 3152121 3152121 271042416 6025932 48459 5977473 383812000 381076337 2735663 2735663 2735663 9950 11275 5000 4950 4950 100314 53422 46892 46892 308233290 269953968 1136907 8764978 298498 298498 94833951 94833951 2499735 2253736 166982 79017 82658831 74524375 5521610 2612846 5218025 4704519 348564 164942 12834533 11571486 857347 405700 5932847 5348996 396314 187537 323723 80931 242792 295515 73879 221636 690913 172728 518185 5086624 4628828 305197 152599 875598 689567 126361 59670 9915173 9445794 317387 151992 645295 645295 2808468 2631366 118296 58806 4846131 4728669 79750 37712 2453817 2169766 192912 91139 8186719 6140039 2046680 16290081 12217561 4072520 1657291 1525711 87725 43855 Repairs & Maintenance 9217371 8426385 527324 263662 Auxiliary Cost of Sales 7763199 4657919 3105280 Library 1116642 1116642 Student Govt. Activitie 1036116 1036116 15521361 14122800 932374 466187 293006457 268045557 20185236 4775664 12784745 14676276 20572975 49149075 42243895 42265008 3266652 3602126 2067720 1637233 5616889 5890836 480542371 212256667 267679237 268285704 341520939 294559901 463434 2104121 696216486 682170280 27709344 29838551 9832214 12055878 196682305 190081666 20032539 28834249 254256402 260810344 X 204777577 179929636 237182507 241430300 441960084 421359936 696216486 682170280 X 15226833 -6669988 -29156993 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 199275185 7422009 -1533238 4127130 2423870 198612956 179577044 9887236 15635905 3669750 2155250 199275185 169382739 5085418 10643464 3486784 2047793 179577044 150899045 6458380 18757683 4241392 2490977 169382739 156377455 3671196 -3652985 3462871 2033750 150899045 0.18740 0.61150 0.20110 0 0 14715417 14715417 374430150 160340621 214089529 46327780 27739971 18587809 35169038 24176075 10992963 9899986 9899986 268285704 US Government & Agency Obligations 33491829 F Corporate Stocks & Stock Funds 136864895 F Corporate Bonds & Bond Funds 87545737 F Alternative Investments 34291641 F Mortgage and Asset-Backed Securities 1309170 F Real Assets 1056629 F 294559901 Interest Rate Swaps 27708352 Refundable Advances 1125897 28834249 X Part III, Line 4: The University's collections of art, which were acquired through purchases and contributions since the Organization's inception, are not recognized as assets on the statements of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired or as temporarily or permanently restricted net assets if the assets used to purchase the items are restricted by donors. Contributed collection items are not reflected on the financial statements. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. Part V, Line 4: The endowment consists of approximately 600 individual funds established for a variety of purposes, such as scholarships, endowed chairs, departmental and operating budget support. Part X, Line 2: The University is a qualifying organization under Section 501(c)(3) of the Code and is, therefore, exempt from federal income taxes on related income pursuant to Section 501(a) of the Code. The University is subject to routine audits by taxing jurisdictions and there are currently no audits for any tax periods in progress. The University believes it is no longer subject to income tax examinations for years prior to 2016. As of June 30, 2020, the University has no uncertain tax positions. 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 University is in compliance with Rev. Proc. 75-70. Schedule E, Part I, Line 6 A Federal process is in place that requires Universities to verify selected student FAFSA forms for completeness and accuracy. When students are selected for the Federal Verification, the Office of Financial Aid collects acceptable tax documentation and has the student complete a standard verification worksheet to support the federal process. After signatures and completeness of the submitted documentation is confirmed, a Financial Aid Counselor will audit the information. The Financial Aid Counselor will compare the FAFSA information to tax information to check for variances. If a variance occurs, the Financial Aid Counselor will correct the data element in the FAFSA record within the Banner record. After correcting the data element, the ISIR record is sent to the federal processor for corrections. After the federal verification process is completed, a Financial Aid Counselor will checkmark an indicator in the Financial Aid System to allow disbursement of federal aid. 1 Europe (Including Iceland & Greenland) 0 4 Program Services Study Abroad/Education 217978 Middle East and North Africa 0 2 Program Services Study Abroad/Education 191201 South America 0 0 Program Services Study Abroad/Education 59466 East Asia and the Pacific 0 0 Program Services Study Abroad/Education 1497 Central America and the Caribbean 0 0 Investments 19585863 0 6 0 0 0 6 20056005 0 20056005 1 0 1 1 0 0 Part I, line 3: The total of the wire amounts sent to the foreign countries and other funds spent traveling to and in the foreign countries for the study abroad and educational programs. Part III Accounting Method: Part IV, line 4: The University meets the exception for tax-exempt organizations with respect to filing Form 8621. Form 8621 is not required to be filed. All For One Golf Outing 21225 11275 9950 5000 21225 11275 9950 5000 5000 4950 100314 43709 9713 1 1.00000 100314 43709 9713 53422 46892 OH 0 Per Ohio Charitable Gaming Laws, no license is required to be administered from the Ohio Attorney General Office for a qualified charitable organization to conduct a raffle. 0 1 0 1.00000 Xavier University 3800 Victory Parkway Cincinnati OH 452074531 1 45482 7050 AscendFS Delaware Inc 401 Park Ave South 10th Floor New York NY 10016 Andy Barry 0 Director of Business Operations, Department of Intercollegiate Athletics X 1 43709 Schedule G, Part III, Line 16: No compensation has been reported for Andy Barry as his role as gaming manager was a de minimis function of his employment with Xavier University. 1 A Blessing To One Another Inc 3800 Victory Parkway Cincinnati OH 45207 201317004 501(c)(3) 41200 0 General Support DePaul Cristo Rey High School 1133 Clifton Hills Ave Cincinnati OH 45220 272417727 501(c)(3) 30000 0 General Support Cincinnati Children's Hospital Medicial 3333 Burnet Ave Cincinnati OH 45229 310833936 501(c)(3) 14478 0 General Support United Way 2400 Reading Road Cincinnati OH 45202 310537502 501(c)(3) 23348 0 General Support Habitat for Humanity of Greater Cincinnati 4910 Para Drive Cincinnati OH 45237 311185975 501(c)(3) 6946 0 General Support INTERalliance of Greater Cincinnati 10290 Alliance Rd Blue Ash OH 45242 208444742 501(c)(3) 10000 0 General Support InterfaithCincy Inc 2692 Madison Rd Ste N1 Ste 378 Cincinnati OH 452081320 834113661 501(c)(3) 20000 0 General Support Omid USA Inc 5855 Drewry Farm Lane Cincinnati OH 45208 270272861 501(c)(3) 10000 0 General Support 8 0 Educational Grants to University Students 4542 94833951 Part I, Line 2: Every full-time traditional undergraduate student is considered for merit-based financial aid. Merit-based aid is determined by the Admissions and Financial Aid Department's analysis of a student's academic credentials, such as standardized test scores and high school transcripts. A student interested in receiving need-based financial aid is required to submit a Free Application for Federal Student Aid (FAFSA) for each school year. Once all the eligibility criteria are met and all necessary documents are obtained, either through review of the ISIR or by efforts of the Financial Aid Counselor, the financial need of the student is determined by the difference between the cost of attendance at Xavier and the EFC toward those costs. After the financial need for the student is calculated, the financial aid package for each student is determined by the Banner system based on the student's financial need, academic merit, talent, enrollment status, level in school, and dependency status. Award letters (via e-mail or regular mail) are then prepared and sent to each student, notifying them of what types of awards they are deemed eligible to receive. The student then has the option to decline any aid that is offered to them. Xavier uses passive acceptance of aid offered. X X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 Travis Steele Head Coach-Men's Basketball 401247 0 15000 0 1211951 0 40583 0 27501 0 1696282 0 0 0 Gregory A Christopher VP Admin & Director of Athletics 385539 0 15000 0 8874 0 39138 0 63918 0 512469 0 0 0 Gary R Massa VP for University Relations 325782 0 0 0 12939 0 40965 0 23039 0 402725 0 0 0 Joseph H Feldhaus General Counsel and Secretary 279699 0 0 0 14865 0 39200 0 21876 0 355640 0 0 0 Melissa J Baumann Provost/Chief Academic Officer 302752 0 0 0 2716 0 37800 0 9305 0 352573 0 0 0 Philip G Chick VP, Financial Admin and CBO 255327 0 0 0 20347 0 35973 0 30666 0 342313 0 0 0 Jonas L Hayes Asst Coach-Men's Basketball 262126 0 0 0 11230 0 35775 0 8722 0 317853 0 0 0 Benjamin L Johnson Asst Coach-Men's Basketball 261197 0 0 0 8627 0 35775 0 8067 0 313666 0 0 0 Dr Thomas J Hayes Dean-Williams College of Business 240690 0 0 0 17724 0 37302 0 16368 0 312084 0 0 0 Aaron Meis VP, Enrollment Management 223997 0 0 0 5436 0 33880 0 30947 0 294260 0 0 0 Melanie S Moore Head Coach-Women's Basketball 148755 0 5000 0 89735 0 20833 0 15433 0 279756 0 0 0 Jeffrey Coleman Vice President for Risk Management 174488 0 0 0 1916 0 26035 0 30010 0 232449 0 0 0 John F Kucia Vice President Emeritus 148810 0 0 0 11705 0 22950 0 14320 0 197785 0 0 0 Rebecca L Cull JD General Counsel (Start 1/20) 143197 0 0 0 1302 0 19473 0 1189 0 165161 0 0 0 Part I, Line 1a Charter travel arrangements are used on a limited basis for certain athletic team travel and reduces missed class time by student athletes. Charter travel arrangements are also used on a limited basis for athletic recruiting purposes when commercial travel options are not efficient. Travel for companions occurs on a limited basis but is a taxable benefit to the employee. The President of the University lives in student housing as a convenience of the University, and therefore is not a taxable benefit. Business club dues were provided for the President for business purposes. Social club business related expenses were reimbursed to the Vice President of University Relations, Provost, Men's Basketball Coach and VP Admin & Director of Athletics. Form 990, Part VII, Section A: Form 990, Part VII does not include any compensation for the President of Xavier University, Michael J. Graham, S.J. Father Graham's annual salary is $489,806 which was paid directly to his religious order in accordance with his vow of poverty. A Ohio Higher Educational Facility Commission 346849674 67756DKW5 2016-12-15 25189238 Renovating and Furnishing Educational Facilities 0 0 0 B Ohio Higher Educational Facility Commission 346849674 67756AQ88 2010-01-26 48998440 Construction of Residence and Dining Hall 0 0 0 C Ohio Higher Educational Facility Commission 346849674 000000000 2013-12-19 19815000 Refunding of Series 2000B, bond issued 11/16/2000 0 0 0 D Ohio Higher Educational Facility Commission 346849674 000000000 2015-02-10 23475000 Refunding of Series 2008A, Bond Issued 4/30/2008 0 0 0 A 1645000 25199468 189238 25010230 2017 0 0 1 1 B 8535000 49080423 3113180 769538 49197705 2012 0 0 1 1 C 4205000 19815000 19815000 1 0 1 1 D 900000 23475000 23475000 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 0 1 0 0 0 0 0 1 D 0 0 1 1 1 1 Deutsche Bank 27.200000000000 0 0 0 0 1 A 1 B 1 C 1 D 1 Date Rebate Computation Performed Issuer Name: Ohio Higher Educational Facility Commission Date the Rebate Computation was Performed: 04/27/2016 Issuer Name: Ohio Higher Educational Facility Commission Date the Rebate Computation was Performed: 03/02/2000 Issuer Name: Ohio Higher Educational Facility Commission Date the Rebate Computation was Performed: 04/27/2016 Schedule K, Part II, Line 3, Issue A & B: Total proceeds differ from issue price due to investment earnings. Schedule K, Part IV, Line 6 3/25/2015 Bonds This question is being answered without regard to the yield-restricted advance refunding escrow financed with proceeds of the bonds. A Ohio Higher Educational Facility Commission 346849674 67756DDT0 2015-03-25 55187114 Advance Refund of Callable Series 2008C Bonds Issued 12/4/2008 0 0 0 B Ohio Higher Educational Facility Commission 346849674 000000000 2016-05-01 47380000 Refunding of Series 2015B Bonds, Issued 2/10/2015 0 0 0 A 5060000 55187114 163880 53023234 0 1 1 1 B 5005000 47380000 47380000 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 1 1 1 1 Barclays Bank 26.000000000000 0 0 0 0 1 A 1 B 1 8500 Merit-based scholarship Scholarship Joseph Auto Group Trustee, Gregory G. Joseph 99686 Vehicle leases and purchases 0 Brad Early Trustee, Michael R. Fortin 12150 Salary from Xavier to brother-in-law of trustee 0 Travis Steele Trustee, Michael E. McCaw 1626200 Salary from Xavier to son-in-law MBB Head Coach 0 X 2000 Opinion of expert X 6600 Replacement cost X 780 Cost or Selling Price X 20 1418902 Cost or Selling Price X Athletic Travel 1 39701 Cost or Selling Pric X Billboard Advertisement 1 14241 Cost or Selling Pric 0 1 0 Part I, Column (b): Part I, Column (b) is reporting the number of contributions. Form 990, Part VI, Section A, line 2 Barbara J. Howard, a Trustee of Xavier University, has a business relationship with several other Xavier University Trustees. W. Rodney McMullen, a Trustee of Xavier University, has a business relationship with several other Xavier University Trustees. Gregory G. Joseph, a Trustee of Xavier University, has a business relationship with Xavier University. Thomas F. Sedler, a Trustee of Xavier University, has a business relationship with Xavier University and other trustees of Xavier University. Michael E. McCaw, a Trustee of Xavier University, has a family relationship at Xavier University. Timothy J. Reilly, a Trustee of Xavier University, has a family relationship at Xavier University. Timothy J. Schroeder, a Trustee of Xavier University, has a family relationship at Xavier University. Form 990, Part VI, Section B, line 11b The Form 990 was prepared by Deloitte Tax LLP using the Information provided by Xavier University management. The completed Form 990 was reviewed by the Chief Business Officer and the Controller of Xavier University. The return will be made available to all board members prior to filing. Form 990, Part VI, Section B, line 12c The Conflict of Interest Policy requires all officers, directors, and key employees to complete an annual questionnaire pertaining to conflicts of interest. Distribution and collection of the questionnaires are administered by the General Counsel and Secretary to the Board for the members of the Board of Trustees. Human Resources administers distribution and collection for employees. Disclosed conflicts and potential conflicts by Trustees are reviewed by the Governance Committee of the Board of Trustees, and by the Audit and Risk Management Committee of the Board of Trustees for employee officers and key employees. Trustees with a transactional conflict are required to recuse themselves from any discussion and/or vote pertaining to the conflicted transaction, and this is reflected in the minutes of the Organization. Form 990, Part VI, Section B, line 15 Although the following procedures were followed regarding the determination of the President of Xavier University's compensation, the compensation reported on the Form 990 was not actually received by the President of the University, but rather by his religious order in accordance with his vow of poverty. In determining compensation of the Organization's President, other officers and key employees, the process includes a review and approval by the independent persons on the Board of Trustees who evaluate performance, comparability data, and contemporaneous substantiation of the deliberation and decision. The compensation was reviewed and approved by the Executive Committee of the Board of Trustees and the Compensation Committee. In the review of the compensation, the President, other officers and key employees were compared to individuals that hold similar positions at similar universities. The determination of similar universities was made by the C0mpensation Committee of the Board of Trustees with the assistance of a professional consulting firm. During the review and approval of the compensation, documentation of the decision was recorded in the committee minutes. Individuals were not present when their compensation was decided. Form 990, Part VI, Section C, line 19 The Organization will provide any documents required to be open to public inspection upon request. Form 990 is available to public on Xavier's website. Form 990, Part XI, line 9: Change in Fair Value Interest Rate Swap -9,673,160. Actuarial Change in Post Retirement Health Care Benefits -547,114. Purchase of Controlling Interest in XU Student Health and Wellness Center -16,649,083. Transfers to XUPROP CO and XUPROP CO-PLAZA -2,332,876. Fund Raising and Gaming Activities -63,117. Actuarial Change in Annuity Liability 108,357. Form 990, Part XII, Line 2c: The Audit and Risk Management Committee is responsible for the oversight of the audit. The process has not changed in the current year. Norwood Cafe LLC 3800 Victory Parkway Cincinnati OH 452074531 260307190 Hospitality Associated with Art Exhibits and Other Xavier Events OH -7193 28941 Xavier University 3759 Montgomery Road LLC 3759 Montgomery Road Cincinnati OH 452074531 Real Estate OH 0 0 Xavier University Xavier Student Agencies 3800 Victory Parkway Cincinnati OH 452074531 205299309 Student Activties OH 501(c)(3) Line 2 Xavier University 1 A Blessing to One Another Inc 3800 Victory Parkway Cincinnati OH 452074531 201317004 Interfaith Issues OH 501(c)(3) Line 10 Xavier University 1 XUPROP CO 3800 Victory Parkway Cincinnati OH 452074531 311700715 Real Estate Holding Company OH 501(c)(2) N/A Xavier University 1 XUPROP CO - Cincinnati 3800 Victory Parkway Cincinnati OH 452074531 311700752 Real Estate Holding Company OH 501(c)(2) N/A Xavier University 1 XUPROP CO - Dana 3800 Victory Parkway Cincinnati OH 452074531 201367022 Real Estate Holding Company OH 501(c)(2) N/A Xavier University 1 XUPROP CO - Plaza 3800 Victory Parkway Cincinnati OH 452074531 261870850 Real Estate Holding Company OH 501(c)(2) N/A Xavier University 1 XUPROP CO - Norwood 3800 Victory Parkway Cincinnati OH 452074531 201037010 Real Estate Holding Company OH 501(c)(2) N/A Xavier University 1 XU-Student Health & Wellness Center 3800 Victory Parkway Cincinnati OH 452074531 814969374 Student Health & Wellness Center OH 501(c)(3) Line 12a, I Xavier University 1 NAB Real Estate Holdings LLC 8338 Whispering Valley Drive Cincinnati OH 45247 200695355 Real Estate Holding OH Xavier University Related 335836 48875 0 0 0.75000 NAB Oil and Gas Holdings Inc 8338 Whispering Valley Drive Cincinnati OH 45247 311705417 Oil and Gas OH Xavier University S 2893 28931 0.75000 1 1 1 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 NAB Real Estate Holdings LLC S 312126 Fair Market Value XU-Student Health & Wellness Center H 16649083 Fair Market Value XUPROP CO B 2205252 Fair Market Value XUPROP CO - PLAZA B 127624 Fair Market Value NAB Oil & Gas Holdings Inc A 16158 Fair Market Value