2021-02-12T10:15:47-06:00 2020-06-30 363168081 SIKICH LLP 3201 W WHITE OAKS DR STE 102 SPRINGFIELD IL 62704 990 2019-07-01 362177133 SAINT XAVIER UNIVERSITY SAIN 7732983000 3700 W 103RD STREET CHICAGO IL 60655 LAURIE M JOYNER PRESIDENT 7732983000 2021-02-06 1 JILL M BOYLE CPA P01246734 2177933363 2021-02-06 2019 2022-09-23 18:48:47Z LAURIE M JOYNER 3700 W 103RD STREET CHICAGO IL 60655 124686849 0 X WWW.SXU.EDU X 1846 IL EDUCATE MEN AND WOMEN TO SEARCH FOR THE TRUTH, THINK CRITICALLY, AND COMMUNICATE EFFECTIVELY. 12 11 1552 11 457055 0 3031214 5475464 108914392 111168915 -767418 404106 1101814 775016 112280002 117823501 47286451 51351388 0 0 38224844 37833918 0 0 884501 23385789 21976651 108897084 111161957 3382918 6661544 125626532 126945077 44851157 39760091 80775375 87184986 X SAINT XAVIER UNIVERSITY, A CATHOLIC INSTITUTION INSPIRED BY THE HERITAGE OF THE SISTERS OF MERCY, EDUCATES PERSONS TO SEARCH FOR TRUTH, THINK CRITICALLY, COMMUNICATE EFFECTIVELY AND SERVE WISELY AND COMPASSIONATELY IN SUPPORT OF HUMAN DIGNITY AND THE COMMON GOOD. 0 0 95016390 51351388 111461526 FOUNDED IN CHICAGO BY THE SISTERS OF MERCY IN 1846, SAINT XAVIER UNIVERSITY IS A DISTINGUISHED, FOUR-YEAR, PRIVATE CATHOLIC INSTITUTION THAT EDUCATES FOR COMPETENCE, CHARACTER AND CAREER SUCCESS. CHICAGO'S FIRST CATHOLIC UNIVERSITY AND THE FIRST MERCY INSTITUTION OF HIGHER LEARNING IN THE WORLD, SAINT XAVIER IS STUDENT-CENTERED AND MISSION-DRIVEN, INSPIRING ITS STUDENT COMMUNITY OF DOERS TO BE MORALLY COURAGEOUS LEADERS BY CONNECTING THEM TO ACTIVE AND ENGAGED LEARNING AND SERVICE OPPORTUNITIES. SAINT XAVIER IS A 2020-2021 COLLEGE OF DISTINCTION THAT OFFERS A TRANSFORMATIVE EDUCATIONAL EXPERIENCE TO NEARLY 3,800 STUDENTS BY PROVIDING A WELL-ROUNDED CURRICULUM ACCREDITED BY THE HIGHER LEARNING COMMISSION / NORTH CENTRAL ASSOCIATION OF COLLEGES AND SCHOOLS. FOR THE 2021 YEAR, SXU WAS RECOGNIZED BY COLLEGES OF DISTINCTION IN THE AREAS OF NURSING, BUSINESS, EDUCATION, CAREER DEVELOPMENT, EQUITY AND INCLUSION AND MILITARY SUPPORT. SXU WAS ALSO NAMED A MILITARY FRIENDLY SCHOOL BY MILITARY FRIENDLY IN 2020. ENTERING THE 174TH YEAR OF PROVIDING INNOVATIVE ACADEMIC PROGRAMS, SAINT XAVIER OFFERS A VARIETY OF UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS, AS WELL AS DEGREE COMPLETION PROGRAMS, TAGHT BY MORE THAN 130 FULL-TIME FACULTY AD 225 ADJUNCT FACULTY MEMBERS WITHIN ITS THREE SCHOOLS - THE COLLEGE OF ARTS AND SCIENCES, THE GRAHAM SCHOOL OF MANAGEMENT AND THE SCHOOL OF NURSING AND HEALTH SCIENCES. SAINT XAVIER'S POPULAR SCHOOL OF NURSING AND HEALTH SCIENCES CURRENTLY HOLDS THE NO. 4 RANKING FOR "BEST ONLINE GRADUATE NURSING PROGRAMS" (U.S.NEWS & WORLD REPORT, 2020) AND ITS GRAHAM SCHOOL OF MANAGEMENT IS AACSB-ACCREDITED. NAMED A "BEST VALUE SCHOOL" AMONG REGIONAL UNIVERSITIES IN THE MIDWEST AND AMONG THE "BEST COLLEGES FOR VETERANS" (U.S. NEWS & WORLD REPORT, 2021), SAINT XAVIER IS ALSO RECOGNIZED FOR DIVERSITY AND A TOP PERFORMER ON SOCIAL MOBILITY. FOR THE THIRD TME IN THREE YEARS, SAINT XAVIER UNIVERSITY, WHICH IS A RECOGNIZED HISPANIC-SERVING INSTITUTION, HAS ALSO BEEN RANKED AS ONE OF THE MOST DIVERSE SCHOOLS IN THE MIDWEST REGION, RANKING IN THE TOP 15 REGIONAL INSTITUTIONS IN THE MIDWEST FOR RACIAL AND ETHNIC DIVERSITY. IN 2019, SXU WAS AWARDED A $3 MILLION GRANT FROM THE U.S. DEPARTMENT OF EDUCATION UNDER ITS DEVELOPING HISPANIC-SERVING INSTITUTIONS TITLE V PROGRAM. SXU ALSO RANKS NO. 1 IN ILLINOIS AND THIRD IN THE GREATER MIDWEST FOR ECONOMIC DIVERSITY, WITH 57% OF UNDERGRADUATE STUDENTS RECEIVING FEDERAL PELL GRANTS FOR LOW-INCOME STUDENTS. ACCORDING TO COLLEGE NAVIGATOR, SAINT XAVIER IS THE MOST AFFORDABLE CATHOLIC UNIVERSITY IN ILLINOIS. SXU ALSO PROVIDES CLEAR COLLEGE-TO-CAREER PATHWAYS FOR STUDENTS, RANKING NO. 25 FOR ILLINOIS GRADUATES EARNING THE MOST MONEY, ACCORDING TO THE U.S.DEPARTMENT OF EDUCATION'S COLLEGE SCORECARD (2018). IN THE 2019-2020 ACADEMIC YEAR, SAINT XAVIER ENROLLED 3,080 UNDERGRADUATES WITH 2,877 (93.4%) ATTENDING FULL TIME. SAINT XAVIER WELCOMED ITS LARGEST FRESHMAN CLASS IN THE HISTORY OF THE INSTITUION IN THE 2020-2021 ACADEMIC YEAR. 95016390 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 4052 0 1552 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DIANE STALLMANN 7732983089 3700 W 103RD STREET CHICAGO IL 60655 LAURIE JOYNER PRESIDENT/CORPORATE SECRETARY 40.00 X X 337487 0 34479 JAMES MACLAREN PROVOST (END 6/30/20) 40.00 X 249884 0 27005 DANIEL KLOTZBACH VP FINANCE & ADMIN/CFO/CORP TREASURER 40.00 X 214057 0 26854 DEBORAH RAPACZ AVP - STRATEGIC MARKETING/COMM 40.00 X 156498 0 26726 MUHAMMAD CHISHTY ASSOCIATE PROFESSOR (END 7/25/20) 40.00 X 133386 0 33041 PEG GALLAGHER ASSOCIATE PROFESSOR (ENDING 1/12/20) 40.00 X 132028 0 25912 ROBIN RYLAARSDAM DEAN 40.00 X 137786 0 20099 MARY MAUREEN WOGAN VP ENROLL MGMT, SL & SS (END 6/30/20) 40.00 X 133508 0 13792 MARY GAIK CHIEF INFORMATION OFFICER 40.00 X 140586 0 5062 DR PATRICIA MORRIS CHAIRMAN 1.00 X X 0 0 0 TASHA HENDERSON VICE CHAIR 1.00 X X 0 0 0 AVIS CLENDENEN TRUSTEE 1.00 X 0 0 0 VERNON O CRAWLEY TRUSTEE 1.00 X 0 0 0 TOM HUTCHINSON TRUSTEE 1.00 X 0 0 0 SR SHEILA E MEGLEY RSM TRUSTEE 1.00 X 0 0 0 CHUCK NEWMAN TRUSTEE 1.00 X 0 0 0 DR LUIS NUNEZ TRUSTEE 1.00 X 0 0 0 JOHN C SIMMONS TRUSTEE 1.00 X 0 0 0 NICK URSO TRUSTEE 1.00 X 0 0 0 BRAD VANDEHEI TRUSTEE 1.00 X 0 0 0 1635220 0 212970 30 0 1 0 COUNTRY HOUSE RESTAURANT ALSIP INC 5400 W 127TH ST ALSIP IL 60803 DINING SERVICES 2648855 EAB 2445 M STREET NW WASHINGTON DC 20037 DATA MINING 863100 ELLUCIAN LP 4375 FAIR LAKES COURT FAIRFAX VA 22033 IT ERP PROVIDER 449439 WILEY EDU LLC 1415 W 22ND ST SUITE 880 OAK BROOK IL 60523 ONLINE EDUCATION 440647 TECNICA ENVIRONMENTAL SERVICES INC 16W066 JEANS ROAD LEMONT IL 60439 GENERAL CONTRACTOR 432056 30 155946 4216040 1103478 136935 5475464 TUITION 611310 106253002 106253002 ROOM AND BOARD 611310 4445366 4445366 OTHER PROGRAM 611310 387816 387816 BOOKSTORE REVENUE 611310 60406 60406 WORKSHOP REVENUE 611310 22325 22325 111168915 525428 525428 46857 0 46857 46857 46857 6565806 133793 6512237 308684 53569 -174891 -121322 -121322 20920 155946 42427 -21507 -21507 HEALTH CENTER REVENUE 621400 390506 104840 285666 ATHLETIC CENTER REVENUE 713940 105122 105122 CONFERENCE REVENUE 611710 91388 25121 66267 162650 162650 749666 117823501 111461526 457055 429456 51351388 51351388 1063911 278683 785228 28907264 22688461 5721311 497492 551705 466942 72399 12364 5226436 4243151 870213 113072 2084602 1678826 361323 44453 608165 608165 40400 40400 37565 37565 1001290 9943 967229 24118 1732058 1138173 580755 13130 1601752 488576 1112910 266 1123838 836335 270625 16878 577596 518938 51123 7535 1252522 1252522 4911358 3557702 1275902 77754 637094 17390 619704 CONTRACTED SERVICES 5664152 4993903 623026 47223 EQUIPMENT & MAINTENANCE 1066092 770507 279719 15866 BAD DEBT 490061 489742 319 MEMBERSHIP DUES 289880 166829 116786 6265 942828 558121 376941 7766 111161957 95016390 15261066 884501 17735737 17002447 8869854 9208441 889769 897718 1922780 2474257 2071546 1747739 510544 485976 162049648 86536948 78399161 75512700 13401409 17853733 267580 233848 1558152 1528218 125626532 126945077 4332133 5409998 1034795 1447721 26096846 24240098 5000000 0 8387383 8662274 44851157 39760091 X 67299948 71818724 13475427 15366262 80775375 87184986 125626532 126945077 X 6661544 8598 -260531 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18586995 5611577 422642 306974 24314240 15187136 2768779 853355 222275 18586995 11321251 3101977 894460 130552 15187136 10112815 341480 986046 119090 11321251 10375788 146469 -125512 102353 181577 10112815 0.45000 0.39380 0.15620 1 0 7592112 7592112 121320500 58603227 62717273 33107036 27933721 5173315 30000 30000 75512700 CONDITIONAL ASSET RETIREMENT OBLIGATION 5460750 STUDENT DEPOSITS 106767 REFUNDABLE GOVERNMENT LOANS 2491860 INTEREST RATE SWAP 602897 8662274 X 66225042 8598 -218104 -209506 66434548 37565 51351388 51388953 117823501 59815431 42427 42427 59773004 37565 51351388 51388953 111161957 PART V, LINE 4: THE MAJORITY IS DIRECTED TO SCHOLARSHIPS WHILE OTHER AMOUNTS SUPPORT MERCY MISSION AND MINISTRY, SERVICE TRIPS AND OPERATIONAL NEEDS OF THE UNIVERSITY. PART X, LINE 2: THE UNIVERSITY IS A NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR PROVISIONS OF THE STATE TAX CODE. THE UNIVERSITY IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: INTEREST RATE SWAP -260,531. FUNDRAISING EXPENSES 42,427. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE 51,351,388. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 42,427. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE 51,351,388. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SXU PUBLISHES THEIR RACIALLY NONDISTRIMINATORY POLICY ON THEIR WEBSITE AT WWW.SXU.EDU (STATEMENT OF DIVERSITY AND INCLUSION). SAINT XAVIER UNIVERSITY ALSO INCLUDES A NONDISCRIMINATORY POLICY ON PRINTED ADMISSION PIECES AND PROGRAM SHEETS. SCHEDULE E, PART I, LINE 6 RECEIVED GRANTS FROM U.S. DEPARTMENT OF EDUCATION, U.S. DEPT. OF HEALTH & HUMAN SERVICES, AND NATIONAL SCIENCE FOUNDATION. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 233848 0 0 0 0 0 0 233848 0 233848 0 0 1 1 0 0 PART III ACCOUNTING METHOD: GOLF CLASSIC 146211 131531 14680 7355 9990 10701 1000 6041 BASEBALL FUNDRAISER 30655 24415 6240 5000 2340 176866 155946 20920 5000 7355 9990 13041 1000 6041 42427 -21507 1 INSTITUTIONAL AWARDS 2994 49615364 ENDOWED AND NAMED SCHOLARSHIPS 173 435574 CARES ACT FUNDS TO STUDENTS 1317 1300450 PART I, LINE 2: THE UNIVERSITY'S OFFICE OF FINANCIAL AID ADMINISTERS A WIDE VARIETY OF FEDERAL, STATE, INSTITUTIONAL AND PRIVATE FINANCIAL ASSISTANCE PROGRAMS. ITS MAJOR OBJECTIVE IS THE EQUITABLE DISTRIBUTION OF FINANCIAL AID TO ALL STUDENTS WITH AN ULTIMATE GOAL OF HELPING THEM FINANCE THEIR EDUCATION. RECIPIENTS ARE DETERMINED BY ACADEMIC MERIT AS WELL AS FEDERAL, STATE AND INSTITUTIONAL GUIDELINES AND RECIPIENTS MUST MAINTAIN CERTAIN ELIGIBILITY REQUIREMENTS TO RECEIVE FINANCIAL AID AND SCHOLARSHIPS. SAINT XAVIER UNIVERSITY WAS AWARDED FUNDS FROM THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT. 50 PERCENT OF THE FUNDS RECEIVED UNDER SECTION 18004(A)(1) OF THE CARES ACT WAS USED TO PROVIDE EMERGENCY FINANCIAL AID GRANTS TO SXU STUDENTS. X X X 0 0 0 0 0 0 0 0 0 LAURIE JOYNER PRESIDENT/CORPORATE SECRETARY 337487 0 0 0 0 0 7000 0 27479 0 371966 0 0 0 JAMES MACLAREN PROVOST (END 6/30/20) 249884 0 0 0 0 0 0 0 27005 0 276889 0 0 0 DANIEL KLOTZBACH VP FINANCE & ADMIN/CFO/CORP TREASURE 214057 0 0 0 0 0 6602 0 20252 0 240911 0 0 0 DEBORAH RAPACZ AVP - STRATEGIC MARKETING/COMM 156498 0 0 0 0 0 3921 0 22805 0 183224 0 0 0 MUHAMMAD CHISHTY ASSOCIATE PROFESSOR (END 7/25/20) 133386 0 0 0 0 0 6356 0 26685 0 166427 0 0 0 PEG GALLAGHER ASSOCIATE PROFESSOR (ENDING 1/12/20) 132028 0 0 0 0 0 4830 0 21082 0 157940 0 0 0 ROBIN RYLAARSDAM DEAN 137786 0 0 0 0 0 8400 0 11699 0 157885 0 0 0 A ILLINOIS FINANCE AUTHORITY SERIES 2008 BONDS 861091967 45200FLH0 2008-06-25 25000000 RESIDENCE HALL CONSTRUCTION 0 0 0 B ILLINOIS FINANCE AUTHORITY SERIES 2006 BONDS 861091967 45200BYZ5 2006-06-08 10000000 RESIDENCE HALL CONSTRUCTION 0 0 0 A 18645000 25158841 103000 24200166 2009 0 0 1 1 B 3375000 10109729 200000 205000 9488389 2007 0 0 1 1 A 0 0 0 0 0 1 0.08510 1 1 B 0 0 0 0 0 1 0.04400 1 1 A 0 0 0 1 1 0 0 0 0 B 0 0 0 1 1 0 0 0 0 A 1 B 1 X 1 120985 FAIR MARKET VALUE X MISCELLANEOUS 14 10182 FAIR MARKET VALUE X ENTERTAINMENT 14 3452 FAIR MARKET VALUE X FOOD/BEVERAGE 9 1496 FAIR MARKET VALUE X GIFT CARDS 17 820 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: THE ORGANIZATION USES AN OUTSIDE INVESTMENT FIRM TO SELL DONATED STOCK. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, COPIES OF THE COMPLETED DRAFT FORM 990 (INCLUDING REQUIRED SCHEDULES) WERE DISTRIBUTED TO THE AUDIT COMMITTEE IN EITHER ELECTRONIC OR PAPER FORM FOR REVIEW AND APPROVAL. ANY QUESTIONS OR CONCERNS WERE NOTED AND ADDRESSED, AND MANAGEMENT STAFF ENSURED THAT CHANGES WERE INCORPORATED INTO THE FORM 990 AS APPROPRIATE. COPIES OF THE DRAFT FORM 990 WERE ALSO DISTRIBUTED TO THE BOARD OF TRUSTEES IN ELECTRONIC FORM FOR REVIEW AND APPROVAL. THE FORM 990 WILL BE FILED ONCE A MOTION TO APPROVE HAS BEEN PASSED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES. THESE INDIVIDUALS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE TO DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST THEY MAY HAVE WITH THE ORGANIZATION. CONFLICT OF INTEREST QUESTIONNAIRES ARE COMPLETED ON AN ANNUAL BASIS BY ALL INTERESTED PERSONS. COMPLETED CONFLICT OF INTEREST QUESTIONNAIRES WILL BE REVIEWED BY THE ORGANIZATION'S COMPLIANCE OFFICER (OR CHAIRMAN). IF IT IS DETERMINED AN ACTUAL CONFLICT OF INTEREST EXISTS, THE INDIVIDUAL WITH A CONFLICT WILL BE EXCUSED FROM ANY DISCUSSION OR VOTE ON THE MATTER FOR WHICH THEY HAVE A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 IN 2016 (THE MOST RECENT PRESIDENTIAL SEARCH), THE UNIVERSITY'S BOARD OF TRUSTEES USED AN OUTSIDE CONSULTING FIRM (AGB) AS ADVISORS. THE PRESIDENT'S SALARY AND BENEFITS WERE SET IN CONSULTATION WITH AGB. AFTER THE SEARCH THE BOARD AUTHORIZED ITS CHAIRMAN TO NEGOTIATE THE CONTRACT WITH THE CHOSEN CANDIDATE. THE CONTRACT WAS REVIEWED BY KATHLEEN RINEHART AS UNIVERSITY COUNSEL AND BY THE CANDIDATE'S LAWYER. THE UNIVERSITY WAS ADVISED BY AGB THAT THE CONTRACT TERMS WERE AT MARKET. THE FINAL CONTRACT WAS APPROVED BY THE BOARD. FOLLOWING BOARD APPROVAL THE CHAIRMAN EXECUTED THE CONTRACT ON BEHALF OF THE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 15B: THE PRESIDENT, IN CONSULTATION WITH THE OFFICE OF HUMAN RESOURCES, SETS COMPENSATION FOLLOWING A REVIEW OF (A) COMPARABLE COMPENSATION DATA FROM SIMILIARLY SITUATED COLLEGES AND UNIVERSITIES; (B) IN RELATION TO THE NATURE AND SCOPE OF THE DUTIES ASSIGNED. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. FORM 990, PART XI, LINE 9: INTEREST RATE SWAP -260,531.