2020-07-07T15:29:32-05:00 2019-06-30 721202445 POSTLETHWAITE & NETTERVILLE ONE GALLERIA BLVD STE 2100 METAIRIE LA 70001 990 2018-07-01 720642832 UNIVERSITY OF HOLY CROSS UNIV 5043947744 4123 WOODLAND DRIVE NEW ORLEANS LA 70131 CHRIS BUNDICK VP FOR FINANCE & CFO 5043947744 2020-06-12 1 GINA RACHEL P01216293 5048375990 206.124.204.139 2020-06-12 10:11:41 CD P 8116198F1672A392347007164F631809C7EF954E 6ECEF810B24A6CB2EC29BDA86F878531FFE79535 2018 2021-01-29 14:40:06Z CHRIS BUNDICK 4123 WOODLAND DRIVE NEW ORLEANS LA 70131 49223579 0 X WWW.UHCNO.EDU X 1916 LA TO EDUCATE AND PROVIDE PUBLIC SERVICE TO ITS UNIVERSITY COMMUNITY. 22 22 292 50 0 0 13529752 1186501 14451859 26567701 1172684 651676 787539 1642303 29941834 30048181 12891371 12868158 0 0 9917281 10974195 0 0 488872 6508636 7527858 29317288 31370211 624546 -1322030 63608161 65214121 17309262 18785881 46298899 46428240 X THE UNIVERSITY OF HOLY CROSS, A CATHOLIC INSTITUTION OF HIGHER LEARNING, IS AN INCLUSIVE STUDENT-CENTERED LEARNING COMMUNITY FOCUSED ON ACADEMIC EXCELLENCE AND INNOVATIVE TEACHING. ROOTED IN THE TRADITIONS OF THE MARIANITES OF HOLY CROSS, THE UNIVERSITY IS COMMITTED TO EDUCATING THE MINDS AND HEARTS OF ITS STUDENTS THROUGH FREEDOM OF INQUIRY, THE PURSUIT OF TRUTH, AND COMPASSIONATE CARE FOR ALL. 0 0 14254345 12859943 SCHOLARSHIPS, GRANTS, & LOANS - FOR ACADEMIC YEAR 2018-2019, 74 STUDENTS RECEIVED SCHOLARSHIPS FROM UHC AND 101 STUDENTS RECEIVED SCHOLARSHIPS FROM PRIVATE SOURCES. MOST STUDENTS WERE AWARDED THE SCHOLARSHIPS ON THE BASIS OF ACADEMIC MERIT AND/OR UNMET FINANCIAL NEED. OTHERS WERE GRANTED AWARDS BASED ON ACADEMIC MERIT ONLY. A TOTAL OF 175 SCHOLARSHIPS IN THE AMOUNT OF $559,797 HAVE BEEN AWARDED.FOR FISCAL YEAR 2018-2019, 937 STUDENTS WERE ABLE TO RECEIVE SOME FORM OF FINANCIAL AID. MANY STUDENTS WOULD NOT BE ABLE TO PURSUE A POST-SECONDARY EDUCATION WERE IT NOT FOR THE FINANCIAL AID PROGRAMS. THE UNIVERSITY PARTICIPATES IN THE TITLE IV FEDERAL CAMPUS BASED PROGRAMS AS WELL AS THE FEDERAL PELL GRANT PROGRAM AND DISADVANTAGED NURSING SCHOLARSHIPS.- 412 STUDENTS WERE ASSISTED AND ABLE TO RECEIVE $1,612,692 IN PELL GRANTS.- 851 STUDENTS RECEIVED $9,311,048 IN FEDERAL SUBSIDIZED AND UNSUBSIDIZED STAFFORD LOANS.- 74 STUDENTS RECEIVED $69,248 IN FEDERAL S.E.O.G.- 34 STUDENTS RECEIVED $84,320 IN FEDERAL WORK-STUDY GRANTS.- 172 STUDENTS RECEIVED $913,090 FROM THE LOUISIANA T.O.P.S. PROGRAM.- 39 STUDENTS RECEIVED $64,423 FROM LOUISIANA G.O. GRANTS.- 74 STUDENTS RECEIVED $296,152 FROM UHC SCHOLARSHIPS.- 101 STUDENTS RECEIVED $263,645 FROM PRIVATE SOURCE SCHOLARSHIPS.- AN ADDITIONAL $245,325 IN STUDENT AID WAS FROM VARIOUS OTHER AWARDS AND SCHOLARSHIPS.UNIVERSITY OF HOLY CROSS WAS ABLE TO AWARD $12,859,943 IN STUDENT AID FROM INSTITUTIONAL, PRIVATE, STATE, AND FEDERAL SOURCES. 8404959 26567701 INSTRUCTIONAL SERVICES - PER SEMESTER, APPROXIMATELY 1,540 STUDENTS WERE SERVICED IN APPROXIMATELY 467 SPECIFIC COURSES OF STUDY IN 37 DEGREE PROGRAMS. ADDITIONALLY, INSTRUCTIONAL SERVICES WERE DELIVERED TO THE CIVIC COMMUNITY THROUGH EXTENT OUTREACH PROGRAMS. 1935221 937478 STUDENT SERVICES ENCOMPASSES VARIOUS SERVICES:THE REGISTRAR'S OFFICE PROVIDES PUBLICATIONS, COMPUTERIZED STUDENT RECORDS, AND OTHER ACADEMIC SERVICES TO PROSPECTIVE AND CURRENT STUDENTS.STUDENT SERVICES PROVIDES FUNDING FOR 5 PROFESSIONAL CLUBS.THE STUDENT GOVERNMENT ASSOCIATION OFFERS A MULTI-FACETED ARENA OF SOCIAL EVENTS AND ENTERTAINMENT ON AND OFF CAMPUS FOR STUDENTS.THE DIVISION OF STUDENT AFFAIRS FUNDS A HOST OF INTRAMURAL SPORTS AT THE UNIVERSITY, WHICH ARE AVAILABLE TO ALL STUDENTS.THE SECURITY OFFICE OVERSEES THE SECURITY OF THE CAMPUS AND PARKING LOTS.THE HURRICANE CAFE PROVIDES FOOD SERVICES TO ALL STUDENTS, FACULTY, AND STAFF.STUDENT SERVICES ALSO INCLUDES TRAVEL, WORKSHOPS AND SEMINARS IN ADDITION TO ADMINISTRATIVE SUPPLIES AND EQUIPMENT FOR STUDENT ORGANIZATIONS, ADMISSIONS AND RECRUITING STAFF OF THE UNIVERSITY.STUDENT SERVICES ALSO INCLUDES AN ON CAMPUS HEALTH OFFICE (PROVIDING ROUTINE HEALTH SERVICES AND FIRST AID), STUDENT ORGANIZATIONS FUNDING AND SUPPORT, STUDENT SPORTS SUPPORT FOR EQUIPMENT, ADMISSIONS AND RECRUITING STAFF OF THE UNIVERSITY. 288676 8215 FACILITY, FINANACE, AND NON-ISTRUCTIONAL ACADEMIC SUPPORT 288676 8215 24883201 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1949 0 1 292 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 22 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 5043947744 4123 WOODLAND DRIVE NEW ORLEANS LA 70131 SR KATERI BATTAGLIA MSC TRUSTEE 0.50 X 0 0 0 FR CHARLES BENOIT OSB TRUSTEE 0.50 X 0 0 0 JACQUELYN CLARKSON TRUSTEE 0.50 X 0 0 0 SR RENE DAIGLE MSC TRUSTEE 0.50 X 0 0 0 BR THOMAS A DZIEKAN CSC TRUSTEE 0.50 X 0 0 0 BRYAN W FITZPATRICK TRUSTEE 0.50 X 0 0 0 REV GREGORY P HAAKE CSC PHD TRUSTEE 0.50 X 0 0 0 DR TINA S HOLLAND TRUSTEE 0.50 X 0 0 0 RACHEL VAN VOORHEES KIRSCHMAN TRUSTEE 0.50 X 0 0 0 SR ELLEN KRON DC TRUSTEE 0.50 X 0 0 0 DR MONROE LABORDE TRUSTEE 0.50 X 0 0 0 SR ANN LACOUR MSC TRUSTEE 0.50 X 0 0 0 CALVIN MACKIE TRUSTEE 0.50 X 0 0 0 CLELAND POWELL TRUSTEE 0.50 X 0 0 0 JAMIE B ROY TRUSTEE 0.50 X 0 0 0 DARREL J SAIZAN JR TRUSTEE 0.50 X 0 0 0 JACK STUMPF TRUSTEE 0.50 X 0 0 0 TROY TOUPS TRUSTEE 0.50 X 0 0 0 SCOTT WOLFE SR TRUSTEE 0.50 X 0 0 0 DENNISE V TABONY CHAIR & SECRETARY 0.50 X X 0 0 0 TODD MATHERNE VICE-CHAIR 0.50 X X 0 0 0 SCOTT P HOWARD TREASURER 0.50 X X 0 0 0 DR DAVID LANDRY PRESIDENT 40.00 X 218164 0 6600 CHRISTOPHER BUNDICK VP OF FINANCE 40.00 X 100481 0 3030 ARLEAN WEHLE VP OF FINANCE (THRU 8-27-18) 40.00 X 164615 0 13769 DR VICTORIA DAHMES PROVOST/VP OF ACADEMIC AFFAIRS 40.00 X 104798 0 3355 DR PATRICIA PRECHTER DEAN 40.00 X 115981 0 8329 704039 0 35083 5 0 1 0 TOM'S SEWER & DRAIN SERVICE PO BOX 369 BELLE CHASSE LA 70037 PLUMBING REPAIR/REPLACEMENT 672911 SAGE DINING SERVICES INC 1402 YORK RD LUTTHERVILLE MD 21093 FOOD SERVICE 488481 WOODWARD DESIGN GROUP 1000 S JEFFERSON DAVIS PKWY NEW ORLEANS LA 70125 MOREAU CENTER RENOVATION 404281 EAB GLOBAL INC PO BOX 603519 CHARLOTTE NC 282603519 RECRUITING SERVICE 246915 OCHSNER CLINIC FOUNDATION PO BOX 54294 NEW ORLEANS LA 70154 MEDICAL EDUCATION 207375 10 86503 106385 993613 1186501 TUITION AND FEES 611310 14577303 14577303 SCHOLARSHIPS - GOVERNMENT FUNDED 611310 11990398 11990398 26567701 427589 427589 19048069 315000 18777787 361195 270282 -46195 224087 224087 19650 86503 36416 -16766 -16766 SETTLEMENT INCOME 611310 721591 721591 FOOD SERVICES 611310 471879 471879 ACADEMIC TRIP REVENUE 611310 358481 358481 107118 107118 1659069 30048181 27505179 0 1356501 8215 8215 12859943 12859943 543707 116311 427396 8816248 7034586 1441884 339778 150239 124936 16846 8457 786530 598935 155603 31992 677471 523981 130353 23137 85793 85793 44321 44321 179010 179010 831860 621627 189699 20534 665617 515616 132938 17063 378515 106891 258823 12801 590511 119126 471385 1427684 221064 1203402 3218 46100 32379 11760 1961 284698 284698 679165 67917 611248 620257 266711 347344 6202 49254 5233 44021 FOOD SERVICE 575699 575699 INSTRUCTIONAL SUPPLIES 564718 564718 BAD DEBT EXPENSE 179767 179767 STUDENT ACTIVITIES 107607 107607 217282 127008 66545 23729 31370211 24883201 5998138 488872 228499 423315 3655401 1815421 540802 496707 23436 108294 39166590 8471672 27800203 30694918 29399959 30665280 1939177 990519 20684 19667 63608161 65214121 4143453 1347457 3520 3929 4710688 14740723 6901235 1273044 1550366 1420728 17309262 18785881 X 30598544 30645463 6008893 6036539 9691462 9746238 46298899 46428240 63608161 65214121 -1322030 1451371 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30576412 95504 1970232 1548129 31094019 32088414 147276 1988101 3647379 30576412 31851002 177000 2306392 2245980 32088414 31657072 11966 526408 344444 31851002 36357069 104760 1001099 140854 37322074 0.55130 0.31340 0.13520 0 0 1690420 1690420 29721053 5250187 24470866 3800495 3221485 579010 3954622 3954622 30694918 CAPITAL LEASE OBLIGATION 1420728 1420728 X 18507015 1451371 36416 1487787 17019228 179010 12849943 13028953 30048181 18377674 36416 36416 18341258 179010 12849943 13028953 31370211 PART V, LINE 4: OF THE END OF THE YEAR ENDOWMENT BALANCE, $9,746,238 IS PERMANENTLY RESTRICTED AND $4,204,481 IS TEMPORARILY RESTRICTED. THE EARNINGS ON $9,333,377 WILL HELP FUND PROFESSORSHIPS. THE EARNINGS ON $2,579,734 WILL BE USED FOR SCHOLARSHIPS. THE EARNINGS ON $2,037,608 WILL GO TOWARDS ACADEMICS AND OPERATIONS. QUASI ENDOWMENTS BALANCE OF $17,143,300 HAVE THE FOLLOWING USES: - $17,143,300 IS FOR UNSPECIFIED PURPOSES, BUT IT IS USED FOR CURRENT OPERATIONS, PLANT AND EQUIPMENT, AND ACADEMICS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO THE PROVISIONS OF SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE CODE. U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBE RULES FOR THE RECOGNITION, MEASUREMENT, CLASSIFICATION, AND DISCLOSURE IN THE FINANCIAL STATEMENTS OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE UNIVERSITY'S TAX RETURNS. MANAGEMENT HAS DETERMINED THAT THE UNIVERSITY DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE UNIVERSITY'S TAX RETURNS WILL NOT BE CHALLEGED BY THE TAX AUTHORITIES AND THAT THE UNIVERSITY WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALTIES, AND INTEREST AS A RESULT OF SUCH CHALLENGE. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, WOULD BE INCLUDED IN INTEREST EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 36,416. PART XI, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL SCHOLARSHIPS 859,545. SCHOLARSHIPS - GOVERNMENT FUNDED 11,990,398. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 36,416. PART XII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL SCHOLARSHIPS 859,545. SCHOLARSHIPS - GOVERNMENT FUNDED 11,990,398. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 UNIVERSITY OF HOLY CROSS PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON ALL EMPLOYMENT ADVERTISEMENTS. THE POLICY IS ALSO LISTED ON THE ORGANIZATION'S WEBSITE, STUDENT HANDBOOK, AND STUDENT APPLICATIONS. SCHEDULE E, PART I, LINE 6 GOVERNMENT FINANCIAL ASSISTANCE INCLUDES GOVERNMENT LOAN PROGRAMS AND GRANTS FROM THE FEDERAL GOVERNMENT, WHICH ARE PROVIDED FOR STUDENTS IN NEED OF FINANCIAL AID. PRAYER BREAKFAST 35303 30703 4600 5230 450 3212 DITTA SCHOLARSHIP FUNDRAISING DINNE 28600 22800 5800 11033 650 1843 2 42250 33000 9250 8832 600 4566 106153 86503 19650 25095 1700 9621 36416 -16766 1 SCHOLARSHIPS TO STUDENTS OF THE UNIVERSITY 1112 12859943 PART I, LINE 2: PRIVATE GRANTS - THE UNIVERSITY FOLLOWS THE TERMS OF THE PROVIDER IN THE POSTING AND RELEASING OF GRANT FUNDS. FEDERAL GRANTS - THE UNIVERSITY FOLLOWS THE DEPARTMENT OF EDUCATION REGULATIONS TO ENSURE THAT GRANTS ARE UTILIZED APPROPRIATELY. THE NSLDS SYSTEM HELPS THE UNIVERSITY IDENTIFY ANY STUDENT THAT HAS BEEN POTENTIALLY AWARDED MORE THAN THEY ARE ELIGIBLE FOR. SCHEDULE I, PART III: QUALIFICATIONS TO RECEIVE PAYMENTS: GOVERNMENT GRANTS ARE AWARDED IN ACCORDANCE WITH APPROPRIATE FEDERAL REGULATIONS, SCHOLARSHIPS ARE BASED ON ACT TEST SCORES, ACADEMIC STANDING, AS SHOWN BY HIGH SCHOOL TRANSCRIPTS, AS WELL AS COMMUNITY INVOLVEMENT. GRANTS ARE AWARDED IN RECOGNITION OF THE QUALITY PAST ACADEMIC ACHIEVEMENT AT THE UNIVERSITY OF HOLY CROSS, FINANCIAL NEED AS DETERMINED BY THE SUBMISSION OF THE FREE APPLICATION FOR FEDERAL STUDENT AID, AND COMMUNITY INVOLVEMENT. X X X 0 0 0 0 0 0 0 0 0 DR DAVID LANDRY PRESIDENT 218164 0 0 0 0 0 6600 0 0 0 224764 0 0 0 ARLEAN WEHLE VP OF FINANCE (THRU 8-27-18) 164615 0 0 0 0 0 3369 0 10400 0 178384 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION REVISED ITS MISSION STATEMENT IN OCTOBER 2018. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE FORM 990, THE TAX RETURN IS REVIEWED BY THE V.P. FOR FINANCE. IT IS THEN FORWARDED TO THE CHAIR OF THE FINANCE COMMITTEE FOR REVIEW. THE UNIVERSITY OF HOLY CROSS ADMINISTRATION RESPONDS TO THE BOARD'S CONCERNS AND REVISES THE FORM AS NECESSARY. ONCE REVIEWED AND SUBMITTED TO THE IRS, A COPY OF THE FILED FORM 990 IS FORWARDED TO THE CHAIR OF THE FINANCE COMMITTEE FOR RECORD-KEEPING. FORM 990, PART VI, SECTION B, LINE 12C DURING THE FIRST BOARD OF TRUSTEES' MEETING OF EACH YEAR, THE UNIVERSITY'S CONFLICT OF INTEREST POLICY IS REVIEWED WITH ITS MEMBERS, AND THEY ARE ASKED TO SIGN A DOCUMENT DISCLOSING ANY CONFLICT OF INTEREST WITH UNIVERSITY BUSINESS MATTERS. IF A CONFLICT SHOULD ARISE, THE BOARD MEMBER WILL RECUSE HIMSELF OR HERSELF FROM VOTES RELATIVE TO THE AFFECTED SUBJECT MATTER. ANY DISCUSSION OF POTENTIAL CONFLICT AND RECUSALS ARE SUBSTANTIATED IN THE MINUTES OF THE BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 THE CURRENT PRESIDENT OF THE UNIVERSITY WAS CHOSEN BY THE GOVERNING BOARD. THE SALARY FOR THE POSITION WAS BASED UPON SALARIES PAID TO PRESIDENTS SERVING IN INSTITUTIONS COMPARABLE IN SIZE AND STRUCTURE. THE PRESIDENT'S COMPENSATION WAS APPROVED BY THE BOARD OF TRUSTEES AND DOCUMENTED IN A FULLY EXECUTED CONTRACT. THE PRESIDENT IS EVALUATED ON AN ANNUAL BASIS BY INDEPENDENT MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES. DOCUMENTATION OF THE SELECTION OF THE PRESIDENT AND THE CONTRACTED AMOUNT OF COMPENSATION IS RETAINED IN THE RECORDS OF THE SELECTION COMMITTEE AND IN BOARD MINUTES. FOR ALL OTHER EMPLOYEES, SALARIES ARE DETERMINED AT THE INITIAL POINT OF HIRING FOR THE POSITION PRIMARILY BASED UPON THE POSITION'S BUDGETED COMPENSATION. ADDITIONAL FACTORS ARE CONSIDERED, SUCH AS THE CREDENTIALS AND LEVEL OF EXPERIENCE THAT THE NEWLY HIRED EMPLOYEE BRINGS TO THE ORGANIZATION AND ANALYSIS OF SALARIES FOR THE SAME OR SIMILAR POSITIONS AT COMPARABLE INSTITUTIONS. ON AN ANNUAL BASIS, THE ESTABLISHED SALARY MAY BE ADJUSTED FOR THE INCREASE IN COST OF LIVING. DOCUMENTATION OF SALARY ANALYSIS IS RETAINED IN THE RECORDS OF THE SELECTION COMMITTEE AND WITHIN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL DATA ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES FROM THE PRIOR YEAR IN THE OVERSIGHT OR SELECTION PROCESSES FOR THE AUDIT THAT THE ORGANIZATION'S COMMITTEE USES.