2021-10-15T10:28:03-05:00 2021-05-31 363168081 SIKICH LLP 1415 W DIEHL RD SUITE 400 NAPERVILLE IL 605632349 990 2020-06-01 362170999 UNIVERSITY OF ST FRANCIS UNIV 8157403372 500 WILCOX STREET JOLIET IL 604356188 JULEE GARD VP - ADMIN & FINANCE 8157403372 2021-10-15 1 JULEE GARD 999009999 JILL M BOYLE CPA P01246734 6305668400 2021-10-15 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ARVID C JOHNSON 500 WILCOX STREET JOLIET IL 604356188 94562610 0 0928 X WWW.STFRANCIS.EDU X 1920 IL HIGHER LEARNING INSTITUTION (POST SECONDARY EDUCATION) 28 28 1027 478 0 0 2864083 5512079 70336634 68042531 1854451 637957 81385 319980 75136553 74512547 25818868 25837394 0 0 31059814 29884462 97200 97200 679900 17231167 17193827 74207049 73012883 929504 1499664 96850136 101824019 45534570 42999044 51315566 58824975 X AS A CATHOLIC UNIVERSITY ROOTED IN THE LIBERAL ARTS, WE ARE A WELCOMING COMMUNITY OF LEARNERS CHALLENGED BY FRANCISCAN VALUES AND CHARISM, ENGAGED IN A CONTINUOUS PURSUIT OF KNOWLEDGE, FAITH, WISDOM, AND JUSTICE, AND EVER MINDFUL OF A TRADITION THAT EMPHASIZES REVERENCE FOR CREATION, COMPASSION AND PEACEMAKING. WE STRIVE FOR ACADEMIC EXCELLENCE IN ALL PROGRAMS, PREPARING WOMEN AND MEN TO CONTRIBUTE TO THE WORLD THROUGH SERVICE AND LEADERSHIP. 0 0 43990360 25837394 64223123 INSTRUCTION AND FINANCIAL AIDTHE CATHOLIC, FRANCISCAN UNIVERSITY OFFERS 53 BACCALAUREATE PROGRAMS, INCLUDING 3 ADULT UNDERGRADUATE MAJORS, 18 MASTER'S LEVEL PROGRAMS (ONSITE AND ONLINE CLASSES), 7 SUB-BACCALAUREATE CERTIFICATE PROGRAMS, 18 POST-BACCALAUREATE CERTIFICATE PROGRAMS, 4 POST-MASTERS CERTIFICATE PROGRAMS AND 2 DOCTORAL PROGRAMS. IN FISCAL YEAR 2021, THE UNIVERSITY SERVED 1,627 UNDERGRADUATE AND 1,902 POST-BACCALAUREATE STUDENTS. IN ADDITION, 98% OF TRADITIONAL UNDERGRADUATE STUDENTS AND 100% OF INCOMING FRESHMEN RECEIVED SOME FORM OF FINANCIAL AID. 8646467 STUDENT SERVICESSTUDENT SERVICES INCLUDE ADMISSIONS, WELCOME CENTER, FINANCIAL AID ADMINISTRATION, REGISTRAR, ATHLETICS, STUDENT ENGAGEMENT & LEADERSHIP, ORIENTATION, GRADUATION, CAREER SUCCESS CENTER, HEALTH & WELLNESS AND PERSONAL COUNSELING SERVICES, SUPPORT FOR STUDENTS WITH DISABILITIES, INSTITUTIONAL DIVERSITY, AND UNIVERSITY MINISTRY. IN FISCAL YEAR 2021, 444 STUDENT ATHLETES PARTICIPATED IN BASEBALL, BASKETBALL, BOWLING, CHEERLEADING, CROSS COUNTRY, FOOTBALL, DANCE, GOLF, SOCCER, SOFTBALL, TENNIS, TRACK & FIELD, AND VOLLEYBALL. 6885723 ACADEMIC SUPPORTLIBRARY RESOURCES AND SERVICES, ACADEMIC RESOURCE CENTER, INSTITUTIONAL RESEARCH, STUDENT COMPUTER LABS, AND ACADEMIC TECHNOLOGY, AND DEANS OF EACH OF THE UNIVERSITY'S FOUR COLLEGES ARE INCLUDED IN THIS CATEGORY. THE LIBRARY'S COLLECTION INCLUDED 49,662 BOOKS AND OTHER PAPER DOCUMENTS, 5,081 VOLUMES OF SERIALS, AND 3,166 AUDIOVISUAL MATERIALS. CONSISTENT WITH THE INDUSTRY, THE UNIVERSITY'S RESOURCES CONTINUE TO MOVE AWAY FROM PRINTED MATERIALS AND TOWARD ELECTRONIC RESOURCES AND SUBSCRIPTIONS. THE RESOURCES AT THE LIBRARY ASSIST STUDENTS IN ALL METHODS OF RESEARCH. 3891129 3819408 AUXILIARY ENTERPRISESRESIDENCE EDUCATION, STUDENT HOUSING, FOOD SERVICES, THE BOOKSTORE, AND CONFERENCING SERVICES ARE INCLUDED IN AUXILIARY SERVICES. 324 STUDENTS FILLED STUDENT HOUSING TO 75% CAPACITY IN 2021. THE UNIVERSITY IS CONTINUING TO WORK TO PROVIDE SAFETY FOCUSED HOUSING AND DINING SERVICES DUE TO THE ONGOING PANDEMIC. FOOD SERVICES ARE PROVIDED TO STUDENTS, FACULTY AND STAFF 16 HOURS PER DAY. 3891129 3819408 63413679 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 87 0 1027 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X JULEE GARD 8157403371 500 WILCOX STREET JOLIET IL 605346188 JOSEPH MALLOF PRESIDENT/CHAIR OF THE BOARD 4.00 X X 0 0 0 CHERYL MCCARTHY VICE CHAIR OF THE BOARD 4.00 X X 0 0 0 ANTHONY ARELLANO TRUSTEE 4.00 X 0 0 0 MICHAEL BILY TRUSTEE 4.00 X 0 0 0 MICHAEL BRENNAN TRUSTEE 4.00 X 0 0 0 MICHAEL BRYANT TRUSTEE 4.00 X 0 0 0 SUE BRUNO TRUSTEE 4.00 X 0 0 0 EDWARD DOLLINGER TRUSTEE 4.00 X 0 0 0 DR IMAN ELLIS BOWEN TRUSTEE 4.00 X 0 0 0 ROBERT ERICKSON TRUSTEE 4.00 X 0 0 0 DIANE HABIGER TRUSTEE 4.00 X 0 0 0 SCOTT HOLDMAN TRUSTEE 4.00 X 0 0 0 SR MARYANN JERKOFSKY TRUSTEE 4.00 X 0 0 0 REV JAMES B LEWIS TRUSTEE 4.00 X 0 0 0 JOSE PARAMO TRUSTEE 4.00 X 0 0 0 VICTOR PATTERSON TRUSTEE 4.00 X 0 0 0 CAROLINE PORTLOCK TRUSTEE 4.00 X 0 0 0 JOHN PRZYBYLA TRUSTEE 4.00 X 0 0 0 STEVE RANDICH TRUSTEE 4.00 X 0 0 0 CANDICE ROSEN TRUSTEE 4.00 X 0 0 0 PARAMJIT SIDHU TRUSTEE 4.00 X 0 0 0 DAN STEVENSON TRUSTEE 4.00 X 0 0 0 DANIEL STREITZ TRUSTEE 4.00 X 0 0 0 FAITH SZAMBELANCZYK TRUSTEE 4.00 X 0 0 0 MEG TORTORELLO TRUSTEE 4.00 X 0 0 0 PATRICIA WHEELER TRUSTEE 4.00 X 0 0 0 MARY JO YOUNG TRUSTEE 4.00 X 0 0 0 DOLORES ZEMONT TRUSTEE 4.00 X 0 0 0 ARVID JOHNSON SECRETARY & UNIVERSITY PRESIDENT 50.00 X 449431 0 43151 JULEE GARD TREASURER AND VP OF ADMIN & FINANCE 50.00 X 193829 0 4167 BETH ROTH PROVOST & ACADEMIC VP 50.00 X 164084 0 16838 TERRANCE COTTRELL VP FOR OPERATIONS & IT 50.00 X 163201 0 6667 JOHN GAMBRO DEAN OF COLLEGE OF EDUCATION 50.00 X 145429 0 19763 KRISTIN SHORT VP FOR UNIVERSITY ADVANCEMENT 50.00 X 141364 0 20994 DANIEL HAUSER PROFESSOR THEOLOGY & PHILOSOPHY 50.00 X 136449 0 22614 ORLANDO GREIGO DEAN COLLEGE OF BUS & HEALTH ADMIN 50.00 X 145860 0 7677 EBERE UME DEAN LEACH COLLEGE OF NURSING 50.00 X 144999 0 8234 1684646 0 150105 38 0 1 0 QUEST FOOD MANAGEMENT SERVICES 2500 SOUTH HIGHLAND AVENUE STE 250 LOMBARD IL 60148 FOOD SERVICE MANAGEMENTS 722802 SODEXO INC & AFFILIATES 500 WILCOX STREET JOLIET IL 604356169 FOOD SERVICE MANAGEMENTS 579468 BALANCED ENVIRONMENTS INC 17950 WEST ROUTE 173 OLD MILL CREEK IL 60083 CONSTRUCTION 551524 QUBIT NETWORKS LLC 1600 LAKE STREET STE D LAPORTE IN 463504676 IT EQUIPMENT AND LICENSES 484627 CDW GOVERNMENT INC 75 REMITTANCE DRIVE DEPT 1515 CHICAGO IL 606751515 IT EQUIPMENT AND LICENSES 352117 14 325802 4144059 1042218 98316 5512079 TUITION AND FEES 611310 64223123 64223123 STUDENT HOUSING AND AUXILIARY ENT 611310 3819408 3819408 68042531 472831 472831 20117006 53868 19675274 330474 441732 -276606 165126 165126 69095 325802 44315 24780 24780 295200 295200 295200 74512547 68042531 0 957937 25837394 25837394 1113341 1008506 104835 22411300 20088176 2106167 216957 1229102 1049661 170500 8941 3549819 2349594 1148441 51784 1580900 1350639 211184 19077 58390 47886 10504 75800 75800 97200 97200 109006 109006 2758775 2238112 489397 31266 209297 4450 204847 1783520 1459417 312143 11960 602494 308925 293569 1701517 1293630 405279 2608 158932 156362 2570 95692 31924 63669 99 555971 490678 64120 1173 4386770 3871591 505927 9252 620403 193028 427077 298 FOOD EXPENSES 1306065 1287343 13347 5375 BAD DEBT 599403 599403 PUBLICATIONS 282677 172701 80368 29608 FEES 271666 52425 207663 11578 1617449 1177629 372435 67385 73012883 63413679 8919304 679900 570 570 3188710 3153278 1662811 1067649 2291299 1819172 1105708 902637 424865 444606 110201933 55545831 58761863 54656102 26997168 34753627 2417142 5026378 96850136 101824019 3110632 3058563 3294356 3118667 35634665 34264627 3494917 2557187 45534570 42999044 X 33794798 39017456 17520768 19807519 51315566 58824975 96850136 101824019 X 1499664 4024963 1984782 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22607586 732750 5124532 423450 28041418 21815121 717938 485253 410726 22607586 19786925 2396557 73331 441692 21815121 18540413 860556 1050305 664349 19786925 16606052 730014 1572355 368008 18540413 0.41944 0.43147 0.14909 1 0 1235000 5778361 7013361 83556422 39846491 43709931 16750336 13156555 3593781 2881814 2542785 339029 54656102 CAPITAL LEASE OBLIGATIONS 260879 OTHER LIABILITIES 1435312 U.S. GOVERNMENT STUDENT LOAN FUNDS 860996 2557187 X 48892504 5436 320921 326357 48566147 109006 25837394 25946400 74512547 47116234 5436 44315 49751 47066483 109006 25837394 25946400 73012883 PART V, LINE 4: THE INTENDED USES OF THE UNIVERSITY'S ENDOWMENT FUND ARE: SCHOLARSHIPS, PRIZES AND AWARDS, FACULTY DEVELOPMENT AND OTHER PROGRAMS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE UNIVERSITY FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. IN ADDITION, THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE UNIVERSITY IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE IRC. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 44,315. LOSS ON DISOPOSAL OF PROPERTY 276,606. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID 25,837,394. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 44,315. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID 25,837,394. PART V, LINE 1A BEGINNING ENDOWMENT BALANCE WAS RESTATED FOR THE FINANCIAL STATEMENTS AS OF JUNE 1, 2016. 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'S POLICY IS ONE OF NON-DISCRIMINATION WITH RESPECT TO THE PUBLIC SERVED BY THE INSTITUTION AND WITH RESPECT TO UNIVERSITY PERSONNEL. ADVERTISEMENTS, BROCHURES, PUBLICATIONS, APPLICATION FOR ADMISSIONS, ETC., CONTAIN A STATEMENT TO THE EFFECT THAT THE UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGION, GENDER, GENDER IDENTITY, GENETIC INFORMATION, AGE, NATIONAL ORIGIN, ANCESTRY, MARITAL STATUS, SEXUAL ORIENTATION, HANDICAP, DISABILITY, VETERAN STATUS OR UNFAVORABLE DISCHARGE FROM MILITARY SERVICE. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY APPLIES FOR AND RECEIVES EDUCATIONAL GRANTS, AS APPROVED ON A CASE BY CASE BASIS, FROM FEDERAL AND STATE AGENCIES. THE UNIVERSITY ALSO PARTICIPATES ANNUALLY IN FEDERAL & STATE FINANCIAL AID PROGRAMS, SPECIFICALLY PELL, FSEOG, FEDERAL WORK-STUDY, PERKINS LOANS, FEDERAL DIRECT LOANS, AND VARIOUS STATE OF ILLINOIS SCHOLARSHIP AND GRANT PROGRAMS FOR QUALIFIED STUDENTS (I.E., IL MAP). X X X X X X X 1 MCALLISTER & QUINN LLC 1368 N WASHINGTON AVE SCRANTON PA 185092844 FUNDRAISING CONSULTING 0 3626499 97200 3529299 3626499 97200 3529299 IL CARITAS SCHOLARSHIP BALL 332220 287745 44475 30372 PAT SULLIVAN GOLF OUTING 62677 38057 24620 7851 4897 1195 394897 325802 69095 7851 4897 31567 44315 24780 1 SCHOLARSHIPS & GRANTS 1729 25001094 CARES ACT ASSISTANCE TO STUDENTS (HEERF) 1025 836300 PART I, LINE 2: THE UNIVERSITY HAS CONTROLS IN PLACE TO MONITOR THE USE OF ALL GRANT FUNDS. THE UNIVERSITY PROVIDES SCHOLARSHIPS AND GRANTS TO STUDENTS MATRICULATING AT THE UNIVERSITY. THE DEVELOPMENT AND FINANCIAL AID DEPARTMENTS REVIEW OVERALL USE OF SCHOLARHSIP AND OTHER GRANT FUNDS TO ENSURE THAT THE RECIPIENTS ARE ELIGIBLE TO RECEIVE THE FUNDS. ALL FUNDS ISSUED TO THE STUDENTS ARE REQUIRED TO DEFRAY THE COST OF TUITION, ROOM AND BOARD. SINCE THE STUDENTS HAVE NO DISCRETION IN THE USE OF THE FUNDS, THE UNIVERSITY HAS NO NEED TO MONITOR THE GRANTS ONCE THEY ARE ISSUED. PART I, LINE 2: HEERF II FUNDING FOR FY21 WHO ATTENDED DURING SUMMER TERM 2021 TO OFFSET COSTS OF ATTENDANCE DURING THE PANDEMIC. THESE EMERGENCY FUNDS WERE GIVEN TO ENROLLED STUDENTS WITH AND EXPECTED FAMILY CONTRIBUTION FROM ZERO (0) TO 8999 WHICH WOULD HAVE QUALIFIED THEM FOR FEDERAL PELL OR ILLINOIS MONETARY AWARD FUNDS. THE HEERF III FUNDS WERE DISTRIBUTED TO BOTH UNDERGRADUATE AND GRADUATE STUDENTS WHO MET THIS CRITERIA. X X X X X X 0 0 0 0 0 0 0 0 0 ARVID JOHNSON SECRETARY & UNIVERSITY PRESIDENT 329878 0 0 0 119553 0 14917 0 28234 0 492582 0 0 0 JULEE GARD TREASURER AND VP OF ADMIN & FINANCE 193219 0 0 0 610 0 4167 0 0 0 197996 0 0 0 BETH ROTH PROVOST & ACADEMIC VP 163538 0 0 0 546 0 3646 0 13192 0 180922 0 0 0 TERRANCE COTTRELL VP FOR OPERATIONS & IT 158527 0 0 0 4674 0 6667 0 0 0 169868 0 0 0 JOHN GAMBRO DEAN OF COLLEGE OF EDUCATION 144547 0 0 0 882 0 6333 0 13430 0 165192 0 0 0 KRISTIN SHORT VP FOR UNIVERSITY ADVANCEMENT 140965 0 0 0 399 0 3188 0 17806 0 162358 0 0 0 DANIEL HAUSER PROFESSOR THEOLOGY & PHILOSOPHY 134921 0 0 0 1528 0 7010 0 15604 0 159063 0 0 0 ORLANDO GREIGO DEAN COLLEGE OF BUS & HEALTH ADMIN 144603 0 0 0 1257 0 2988 0 4689 0 153537 0 0 0 EBERE UME DEAN LEACH COLLEGE OF NURSING 144109 0 0 0 890 0 3188 0 5046 0 153233 0 0 0 A ILLINOIS FINANCE AUTHORITY 861091967 NONEAVAIL 2020-04-01 36075000 SEE SCHEDULE K, PART VI 0 0 0 A 36075000 306516 35838479 2020 1 0 1 1 A 0 0 1 1 0 0.01000 0.01000 0 0 1 A 0 1 1 1 1 1 WINTRUST BANK 10.000000000000 0 0 0 0 1 A 1 X 5 54145 MARKET VALUE STOCK QUOTE X AUCTION ITEMS 88 43882 ACTUAL COST X FOOD, FURNITURE, AND SUPPLIES 2 289 FMV 0 0 1 1 PART I, LINE 32B: WHEN THE UNIVERSITY RECEIVES A STOCK GIFT, THE DEVELOPMENT OFFICE REFERS THE DONOR TO THE UNIVERSITY'S THIRD-PARTY BROKER. DONATED STOCK IS SOLD IMMEDIATELY BY A BROKER AND THE BROKER SENDS THE UNIVERSITY THE NET PROCEEDS FROM THE SALE. FORM 990, PART VI, SECTION B, LINE 11B A REVIEW WAS CONDUCTED PRIOR TO FILING THE 990 WITH THE IRS. THE DIRECTOR OF ACCOUNTING AND OTHERS IN BUSINESS AFFAIRS GATHER ALL INFORMATION FROM VARIOUS AREAS OF THE UNIVERSITY AND SUBMIT THE INFORMATION TO EXTERNAL TAX PROFESSIONALS TO PREPARE THE FIRST DRAFT OF THE 990. THE DIRECTOR OF ACCOUNTING THEN REVIEWS THE DRAFT AND MAKES ANY NECESSARY CORRECTIONS AND CHANGES. THE SECOND DRAFT WAS REVIEWED BY THE VICE PRESIDENT FOR ADMINISTRATION AND FINANCE AND THE PRESIDENT OF THE UNIVERSITY. AGAIN, UPDATES AND CHANGES WERE MADE IF NECESSARY. A FINAL DRAFT WAS SENT VIA EMAIL TO ALL VOTING BOARD MEMBERS FOR THEIR REVIEW AND ACCEPTANCE. IF ANY CHANGES WERE REQUIRED AFTER BOARD REVIEW, THEY WERE SENT TO THE TAX PROFESSIONALS FOR INCORPORATION INTO THE FINAL FORM 990. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE SENT TO EACH BOARD MEMBER EACH SUMMER. ALL BOARD MEMBERS ARE EXPECTED TO RETURN THE CONFLICT OF INTEREST DISCLOSURE STATEMENTS TO THE EXECUTIVE ASSISTANT TO THE PRESIDENT AT THE FALL BOARD MEETING, IF NOT SOONER. A PROCESS HAS BEEN ESTABLISHED TO FOLLOW UP WITH ANY MEMBERS WHO HAVE NOT RETURNED THE CONFLICT OF INTEREST DISCLOSURE STATEMENT WITHIN THE GIVEN PARAMETERS. THE UNIVERSITY MONITORS CONFLICTS OF INTEREST BY SENDING OUT A QUESTIONNAIRE ANNUALLY. IN ADDITION, CONFLICTS ARE MONITORED AT EVERY MEETING A QUESTION REGARDING CONFLICTS IS RAISED. IF A CONFLICT ARISES, THE BOARD MEMBER RECUSES HIMSELF/HERSELF FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND ACTIONS ON THE TOPIC OR TRANSACTION UNDER CONSIDERATION. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES FUNCTIONS AS THE COMPENSATION COMMITTEE AND IS RESPONSIBLE FOR DETERMINING THE PRESIDENT'S SALARY AND BENEFITS. THE COMPENSATION COMMITTEE WORKS WITH HUMAN RESOURCES, THE PRESIDENT, AND OUTSIDE CONSULTANTS (AS NEEDED) TO OBTAIN COMPARABLE SALARY AND BENEFIT DATA FROM ORGANIZATIONS SUCH AS THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION (CUPA), IN ORDER TO ESTABLISH APPROPRIATE SALARY AND BENEFITS PACKAGES. THE COMPENSATION COMMITTEE CONSISTS OF THE CHAIRPERSON OF THE BOARD OF TRUSTESS AND THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTESS, WHO ARE NOT RELATED TO THE PRESIDENT AND DO NOT PERFORM MANAGEMENT-DIRECTED SERVICES TO THE UNIVERSITY. THE PRESIDENT OF THE UNIVERSITY HAS A MULTI-YEAR CONTRACT, PERFORMANCE AGAINST WHICH IS REVIEWED ANNUALLY TO DETERMINE IF ALL OBJECTIVES HAVE BEEN SATISFIED. THE PRESIDENT OF THE UNIVERSITY - UPON CONSULTATION WITH THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES - IS RESPONSIBLE FOR DETERMINING THE COMPENSATION OF THE PRESIDENT'S DIRECT REPORTS AND THE ACADEMIC DEANS AND WORKS WITH HUMAN RESOURCES TO OBTAIN COMPARABLE SALARY AND BENEFITS DATA FROM ORGANIZATIONS SUCH AS CUPA. ALL COMPENSATION DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS AND PUBLIC DISCLOSURE COPIES OF THE IRS FORM 990 AND 990-T ARE AVAILABLE TO THE PUBLIC AT THE UNIVERSITY OF ST. FRANCIS' WEBSITE, WWW.STFRANCIS.EDU. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT 1,467,911. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 516,871. SISTERS OF ST FRANCIS OF MARY IMMACULATE 1433 ESSINGTON JOLIET IL 60435 362764900 RELIGIOUS ORDER IL 501(C)(3) LINE 1 N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1