2018-05-14T12:24:04-05:00 2017-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2016-07-01 410711610 UNIVERSITY OF NORTHWESTERN - ST PAUL UNIV 6516315100 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 BRYON D KRUEGER VP OF FINANCE & OPERATIONS/CFO 6516315100 2018-05-10 1 KAREN GRIES P00078514 6123764500 2016 2022-09-23 18:48:47Z DR ALAN CURETON 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 107791692 0 X WWW.UNWSP.EDU X 1902 MN TO ENCOURAGE SPIRITUAL & INTELLECTUAL GROWTH IN A NONDENOMINATIONAL CHRISTIAN UNIVERSITY. 18 17 2028 841 1517720 0 20097311 19536445 74788255 75271755 734526 1090668 239276 189799 95859368 96088667 18646902 18705123 0 0 37194659 38437164 902284 918041 4184513 33033533 34680506 89777378 92740834 6081990 3347833 123681607 133103783 36243794 40969502 87437813 92134281 X SEE SCHEDULE O. FOUNDED IN 1902, UNIVERSITY OF NORTHWESTERN - ST. PAUL IS A NONDENOMINATIONAL CHRISTIAN UNIVERSITY THAT INTEGRATES THE EDUCATIONAL PHILOSOPHY OF "FAITH, LEARNING AND LIVING" THROUGH TWO FOCUSES: HIGHER EDUCATION AND MEDIA. THE MISSION OF THE UNIVERSITY IS TO EQUIP BELIEVERS TO GROW INTELLECTUALLY AND SPIRITUALLY, TO SERVE EFFECTIVELY IN THEIR PROFESSIONS, AND TO GIVE GOD-HONORING LEADERSHIP IN THE HOME, CHURCH, COMMUNITY AND WORLD. 0 0 51804168 18603723 69686683 SEE SCHEDULE O.UNIVERSITY OF NORTHWESTERN ST. PAUL:THE HIGHER EDUCATION FOCUS OFFERS A VAST ARRAY OF OPPORTUNITIES WITHIN A STRONG ACADEMIC PROGRAM. NORTHWESTERN OFFERS MORE THAN 70 AREAS OF STUDY THROUGH TRADITIONAL UNDERGRADUATE, GRADUATE, ADULT DEGREE-COMPLETION, AND POST-SECONDARY EDUCATIONAL OPPORTUNITIES. THE CORE COMPONENT IS THE TRADITIONAL UNDERGRADUATE PROGRAM, WHICH ENROLLS OVER 1,600 STUDENTS. THE COLLEGE OF ADULT & GRADUATE STUDIES, WHICH SERVES AN ADDITIONAL 400 STUDENTS, INCLUDES THE FOCUS ADULT UNDERGRADUATE PROGRAM AND GRADUATE STUDIES. UNDERGRADUATE PATHWAYS, INCLUDING PSEO/EARLY COLLEGE, COLLEGE IN THE SCHOOLS, AND ONLINE LEARNING TOGETHER SERVE APPROXIMATELY 1,600, BRINGING TOTAL ENROLLMENT TO OVER 3,600 STUDENTS ACROSS ALL VENUES. NORTHWESTERN'S 107-ACRE LAKESIDE CAMPUS IN SUBURBAN SAINT PAUL, MINNESOTA HAS 15 ACADEMIC AND RESIDENTIAL BUILDINGS. NORTHWESTERN IS A COMMUNITY IN WHICH ALL LEARNING IS FRAMED WITHIN THE CONTEXT OF A BIBLICAL WORLDVIEW. STUDENTS WHO ENROLL AS FRESHMEN ARE REQUIRED TO COMPLETE 30 CREDITS OF BIBLE COURSES AS PART OF THEIR CORE CURRICULUM, THEREBY MAKING THEM ELIGIBLE FOR A SECOND MAJOR IN BIBLE FROM THE DEPARTMENT OF BIBLICAL AND THEOLOGICAL STUDIES. DAILY CHAPEL IS AN INTEGRAL PART OF THE TRADITIONAL PROGRAM WHERE STUDENTS HEAR WORLD-RENOWNED SPEAKERS AND PARTICIPATE IN PRAISE AND WORSHIP. NORTHWESTERN'S 30,000-PLUS ALUMNI POSITIVELY IMPACT SOCIETY THROUGH CAREERS IN LAW, EDUCATION, MEDICINE, GOVERNMENT, COMPUTER TECHNOLOGY AND FORTUNE 500 BUSINESSES, AS WELL AS IN MISSIONS, CHURCHES AND PARACHURCH MINISTRIES. 13093217 101400 5585072 SEE SCHEDULE O.NORTHWESTERN MEDIA:NORTHWESTERN'S MEDIA FOCUS BEGAN IN 1949 WHEN TWIN CITIES' RADIO STATION KTIS WENT ON THE AIR THANKS TO $44,000 GENERATED BY STUDENTS. FORMER NORTHWESTERN PRESIDENT WILLIAM F. "BILLY" GRAHAM GAVE THE FIRST ON-AIR PRAYER. TODAY, NORTHWESTERN OWNS AND OPERATES 16 NONCOMMERCIAL LISTENER-SUPPORTED CHRISTIAN RADIO STATIONS AND 17 TRANSLATORS, COVERING 8 MARKETS IN MINNESOTA, NORTH AND SOUTH DAKOTA, IOWA, WISCONSIN, MISSOURI, AND CONNECTICUT WITH A CONSOLIDATED AUDIENCE OF MORE THAN ONE MILLION LISTENERS A WEEK. NORTHWESTERN MEDIA EXISTS TO LEAD PEOPLE TO CHRIST AND TO NURTURE BELIEVERS IN THEIR SPIRITUAL GROWTH THROUGH CHRIST-CENTERED MEDIA. NORTHWESTERN'S MEDIA MINISTRY REACHES BEYOND THE UNITED STATES THROUGH FINANCIAL AND TECHNOLOGICAL PARTNERSHIPS WITH CHRISTIAN RADIO STATIONS IN BELIZE, ECUADOR, KENYA, GUAM, INDONESIA, MONGOLIA, AND THAILAND. 64897385 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 0 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 1 0 0 1 0 1 1 0 0 1 1 1 1 0 0 1 257 0 2028 1 1 1 0 0 0 0 1 1 0 0 0 0 X 18 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AK AL AR CA CO CT GA HI ID KS KY LA MA MD ME MI MN MO MS MT NC NE NH NY OH OK OR RI SC SD TN TX UT VA WA WI WV FL NM PA X BRYON D KRUEGER 6516315100 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 DR ALAN CURETON PRESIDENT 45.00 2.00 X X 364659 0 41338 DAN STOLTZ CHAIR 2.00 2.00 X X 0 0 0 DR BILL HAMEL VICE CHAIR 2.00 0.00 X X 0 0 0 DR SARA A ROBERTSON SECRETARY 2.00 0.00 X X 0 0 0 THOR BECKEN TRUSTEE 2.00 0.00 X 0 0 0 ALICIA BELTON TRUSTEE 2.00 0.00 X 0 0 0 DR MEGAN DOYLE TRUSTEE 2.00 0.00 X 0 0 0 MARY EDWARDS TRUSTEE 2.00 0.00 X 0 0 0 STAN ERICKSON TRUSTEE 2.00 2.00 X 0 0 0 GINGER EWING TRUSTEE 2.00 2.00 X 0 0 0 RONALD HALVERSON TRUSTEE 2.00 2.00 X 0 0 0 DEBORAH HEDLUND TRUSTEE 2.00 0.00 X 6000 0 0 DR GEORGE KENWORTHY TRUSTEE 2.00 0.00 X 0 0 0 LAUREN LIBBY TRUSTEE 2.00 0.00 X 0 0 0 ARNOLD LINDSTRAND TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL MELOCH TRUSTEE 2.00 0.00 X 0 0 0 RUSS REYNOLDS TRUSTEE 2.00 0.00 X 0 0 0 STEWART VAN DUZER TRUSTEE 2.00 0.00 X 0 0 0 DAVID VENBERG TRUSTEE 2.00 0.00 X 0 0 0 DOUGLAS R SCHROEDER VP OF BUSINESS/CFO/TREASURER 45.00 2.00 X 160172 0 22575 DR JANET SOMMERS SR. VP FOR ACADEMIC AFFAIRS 45.00 0.00 X 153246 0 26129 RICHARD WHITWORTH ASSISTANT VP FOR MEDIA/HOME OFFICE 45.00 0.00 X 150319 0 23863 JAMES JOHNSON VP INSTITUTIONAL ADVANCEMENT 45.00 0.00 X 144461 0 24568 JASON SHARP SR. VP FOR MEDIA 45.00 0.00 X 132791 0 24598 MICHAEL WISE PROFESSOR OF BIBLICAL & THEOLOGICAL STUDIES 45.00 0.00 X 125923 0 5354 1237571 0 168425 21 0 1 0 PCL CONSTRUCTION SERVICES INC 12200 NICOLLET AVENUE SOUTH BURNSVILLE MN 55337 CONSTRUCTION SERVICES 4955734 ELLUCIAN COMPANY LP 4375 FAIR LAKES CT FAIRFAX VA 22033 TECHNOLOGY MANAGEMENT SERVICES 3364423 BON APPETIT MANAGEMENT COMPANY 1701 AMERICAN BLVD E 8 BLOOMINGTON MN 55425 FOOD SERVICE 2853839 REACH COMMUNICATIONS 8900 109TH AVE N 900 CHAMPLIN MN 55316 SOUND AND LIGHTING SERVICES 1008419 BWBR ARCHITECTS INC 380 ST PETER STREET SUITE 600 SAINT PAUL MN 55102 ARCHITECT SERVICES 537499 42 80741 149190 19306514 651668 19536445 TUITION AND FEES 611600 54233215 54233215 RADIO AND AUXILIARY 722320 6379757 5066233 1313524 STUDENT RESIDENT HOUS. 531110 5910626 5910626 SERVICE FEES 611710 4911315 4911315 FOOD SERVICE 611710 3277161 3277161 559681 559681 75271755 620209 620209 280301 76105 204196 204196 204196 12065382 11594923 470459 470459 470459 17600 80741 31997 -14397 -14397 96088667 59299448 1517720 15735054 193766 193766 18511357 18511357 523840 6000 517840 22985 22985 31037334 23803773 5605134 1628427 1190702 879192 231812 79698 3415803 2365861 1042105 7837 2246500 1704435 409931 132134 405415 140558 264711 146 78733 78733 22222 22222 918041 918041 49584 49584 5137352 3654683 1126098 356571 1024612 633452 255301 135859 2276241 1251919 834713 189609 4265378 734594 3266043 264741 3013365 1524270 1460330 28765 1675867 1456881 123437 95549 222584 173157 34694 14733 849733 19450 830136 147 5179438 5109098 70340 1076199 518225 554123 3851 FOOD & MEALS 3943127 3797660 55649 89818 TUITION REIMBURSEMENTS 1140692 95408 963940 81344 REPAIRS & MAINTENANCE 1120409 824615 275025 20769 SUPPLIES 1095176 673188 385196 36792 2104379 1934941 140096 29342 92740834 64897385 23658936 4184513 X 2947637 2752258 0 195379 8434423 4418440 17355436 15331516 1322358 1102053 2557403 2696307 128000 86000 241004 209495 477138 436587 157658762 74679647 69864950 82979115 11724772 14442021 2623872 2650073 7524664 7524664 1427587 1227512 123681607 133103783 6261038 6035050 1355774 1522719 23280000 29066926 560517 502513 4786465 3842294 36243794 40969502 X 71105786 77163016 6106606 4525401 10225421 10445864 87437813 92134281 123681607 133103783 X 3347833 425732 922903 X 0 1 X 1 1 1 X 17399025 24177247 20406344 20097311 19536445 101616372 17399025 24177247 20406344 20097311 19536445 101616372 3190891 98425481 743549 432889 564431 644659 620209 3005737 104622109 359472700 0.94080 0.93860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 1 53856 53856 0 PART II-B, LINE 1: THE UNIVERSITY ENGAGED THE SERVICES OF A LAW FIRM TO ASSIST IN GAINING CLARIFICATION OF LEGISLATION REGARDING A CLAIM INVOLVING THE UNIVERSITY. ADDITIONALLY THE UNIVERSITY ENGAGED THE SERVICES OF A LAW FIRM TO ASSIST IN SEEKING AN AMENDMENT TO A PUD (PLANNED UNIT DEVELOPMENT) TO ALIGN WITH DESIRED USE OF ONE OF THEIR BUILDINGS. THE UNIVERSITY PAID MEMBERSHIP DUES TO ORGANIZATIONS WHERE THE DUES COVERED A PORTION OF LOBBYING EXPENSES. 165850 1192638 X X X 0 16121628 180052 1422669 746922 16977427 16496616 517480 91786 732378 251876 16121628 16067895 949029 226696 747004 16496616 14830139 214201 1652748 629193 16067895 14071312 564509 803401 609083 14830139 0.16790 0.12980 0.70230 0 1 1 6566191 6566191 122445404 50426425 72018979 549646 549646 0 26526287 23703576 2822711 1571234 1571234 82979115 TRUST AND ANNUITY OBLIGATIONS 165758 REFUNDABLE US GOV'T STUDENT LOAN FUNDS 2289816 ASSET RETIREMENT OBLIGATION 820715 INTEREST RATE SWAP LIABILITY 563474 OTHER LIABILITIES 2531 3842294 X PART III, LINE 4: THE UNIVERSITY HOLDS AN ART COLLECTION, WHICH FURTHERS OUR EDUCATIONAL EXEMPT PURPOSE BY PROVIDING ART STUDENTS WITH VARIOUS EXAMPLES OF ARTWORK FOR SCHOLARLY RESEARCH. PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO PROVIDE SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE FOR STUDENTS. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS ALSO EXEMPT FROM STATE INCOME TAX. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE UNIVERSITY HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD 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. THE IMPLEMENTATION OF THIS STANDARD HAD NO IMPACT ON THE UNIVERSITY'S CONSOLIDATED FINANCIAL STATEMENTS. 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 POLICY IS CONTAINED IN ALL REGISTRATION AND PROMOTIONAL MATERIALS. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY ADMINISTERS GOVERNMENT PROGRAMS SUCH AS WORK STUDY, PERKINS LOANS, PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, AND THE FEDERAL DIRECT LOAN PROGRAM THAT PROVIDE FINANCIAL ASSISTANCE TO ITS STUDENTS. EUROPE 0 0 PROGRAM SERVICES STUDY ABROAD/SHORT TERM MISSIONS TRIP 406000 MIDDLE EAST & NORTH AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD 187000 SOUTH AMERICA 0 0 PROGRAM SERVICES SHORT TERM MISSIONS TRIP 81000 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES SHORT TERM MISSIONS TRIP 57000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDY ABROAD/SHORT TERM MISSIONS TRIP 54000 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD 46000 0 0 0 0 0 0 831000 0 831000 0 0 0 0 0 0 PART I, LINE 3: THE UNIVERSITY USES THE ACCRUAL METHOD TO ACCOUNT FOR EXPENDITURES OUTSIDE OF THE UNITED STATES. X X X X X X 1 TODD DEXTER & ASSOCIATES LLC 17950 PRESSTON RD 340 DALLAS TX 75252 MARKETING 0 2651486 800616 1850870 MDS COMMUNICATIONS CORPORATION 545 W JUANITA AVE MESA AZ 85210 TELEPHONE FUNDRAISING SERVICES 0 305022 117425 187597 2956508 918041 2038467 AK AL AR CA CO CT GA HI ID KS KY LA MA MD ME MI MN MO MS MT NC NE NH NY OH OK OR RI SC SD TN TX UT VA WA WI WV FL NM PA GOLF CLASSIC EVENT 98341 80741 17600 1000 15840 10318 4839 98341 80741 17600 1000 15840 10318 4839 31997 -14397 1 FAR EAST BROADCASTING COMPANY PO BOX 1 LA MIRADA CA 90637 951461574 501(C)(3) 90000 N/A N/A CONSTRUCT RADIO TRANSLATOR NORTHWESTERN FOUNDATION 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 411878924 501(C)(3) 24000 N/A N/A GENERAL OPERATING SUPPORT CURE INTERNATIONAL INC 774 LIMEKILN ROAD NEW CUMBERLAND PA 17070 582248383 501(C)(3) 10000 N/A N/A SURGERY SPONSORSHIPS 3 0 SCHOLARSHIPS & TUITION ASSISTANCE 1825 18511357 N/A N/A PART I, LINE 2: THE UNIVERSITY MAKES CONTRIBUTIONS TO NORTHWESTERN FOUNDATION, A RELATED ORGANIZATION UNDER COMMON MANAGEMENT. FOR THE GRANTS TO UNRELATED ORGANIZATIONS, SENIOR MANAGEMENT GENERALLY MONITORS RECIPIENT SPENDING VIA COMMUNICATION WITH THE ORGANIZATIONS TO SEE HOW OPERATIONS ARE RUNNING. A SITE VISIT BY SENIOR MANAGEMENT MAY ALSO BE CONDUCTED TO CHECK THE STATUS OF THE ORGANIZATION AND/OR MONITOR THE PROGRESS OF THE INTENDED PROJECT. SCHOLARSHIPS AND GRANTS FOR STUDENTS ARE APPLIED DIRECTLY TO A STUDENT'S UNIVERSITY ACCOUNT AND APPLIED TO TUITION, FEES, ROOM AND BOARD. ALL FINANCIAL AID IS SUBJECT TO REVISION BASED ON AVAILABILITY, CHANGES IN FAMILY CONTRIBUTION AND/OR CREDIT LOAD. SATISFACTORY ACADEMIC PROGRESS MUST BE MAINTAINED ACCORDING TO STANDARDS PRESCRIBED BY THE UNIVERSITY. ANNUAL RENEWAL OF FINANCIAL AID IS CONTINUOUS IF INSTITUTIONAL FINANCIAL NEED REMAINS, ALL REQUIRED DOCUMENTS ARE COMPLETED BY THE PUBLISHED DEADLINE AND SATISFACTORY ACADEMIC PROGRESS IS MAINTAINED CONSISTENT WITH THE UNIVERSITY'S POLICY. X X X X 1 1 X X X 0 1 0 0 0 0 0 1 0 DR ALAN CURETON PRESIDENT 268173 0 29163 0 67323 0 27900 0 13438 0 405997 0 0 0 DOUGLAS R SCHROEDER VP OF BUSINESS/CFO/TREASURER 156988 0 0 0 3184 0 9459 0 13116 0 182747 0 0 0 DR JANET SOMMERS SR. VP FOR ACADEMIC AFFAIRS 152135 0 0 0 1111 0 9462 0 16667 0 179375 0 0 0 RICHARD WHITWORTH ASSISTANT VP FOR MEDIA/HOME OFFICE 95288 0 20194 0 34837 0 8138 0 15725 0 174182 0 0 0 JAMES JOHNSON VP INSTITUTIONAL ADVANCEMENT 143747 0 0 0 714 0 7991 0 16577 0 169029 0 0 0 JASON SHARP SR. VP FOR MEDIA 132072 0 0 0 719 0 8029 0 16569 0 157389 0 0 0 PART I, LINE 1A TAX GROSS-UP PAYMENTS: DR. CURETON - TAX GROSS UP PAYMENTS- INCLUDED IN TAXABLE COMPENSATION. HOUSING ALLOWANCES: DR. CURETON - HOUSING ALLOWANCES - INCLUDED IN TAXABLE COMPENSATION. SOCIAL CLUB DUES: DR. CURETON - NOT INCLUDIBLE IN TAXABLE COMPENSATION SINCE USED FOR BUSINESS PURPOSES. PERSONAL SERVICES: DR. CURETON - FOR BUSINESS USE OF PERSONAL RESIDENCE - NOT INCLUDIBLE IN TAXABLE COMPENSATION. PART I, LINE 4B EMPLOYER CONTRIBUTION TO 457(F) PLAN: DR. CURETON - PAYMENT OF $12,000 TO 457(F) PLAN ON BEHALF OF DR. CURETON, NOT TAXABLE UNTIL VESTED. PART I, LINE 7 BONUSES ARE GIVEN OUT AS A WAY TO RECOGNIZE AND REWARD EXCEPTIONAL EMPLOYEE ACCOMPLISHMENTS/PERFORMANCE AND ALSO AS AN EXPRESSION OF APPRECIATION FOR UNIQUE AND SPECIAL CIRCUMSTANCES. BONUS PAYMENTS REQUIRE APPROVAL FROM SENIOR LEADERSHIP (I.E. VP, SVP, PRESIDENT OR BOARD). A PUBLIC FINANCE AUTHORITY 273866124 2014-07-01 25320000 SEE PART IV 0 0 0 A 4105000 25320000 6200000 19120000 2014 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 1 BMO HARRIS BANK NA 9.000000000000 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: PUBLIC FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 07/15/2014 SCHEDULE K, PART I, COLUMN (F): DEBT CONSOLIDATION, ATHLETIC COMPLEX RENOVATION, STUDENT HOUSING ACQUISITION DR ALAN CURETON PRESIDENT LOAN FOR MORTGAGE X 350000 86000 0 1 1 86000 GAYLE CURETON SPOUSE OF PRESIDENT, DR. ALAN CURETON 22985 EMPLOYMENT COMPENSATION 0 X 1 165850 APPRAISAL X 24407 ESTIMATED VALUE X 37 403898 STOCK MARKET QUOTES X GRAIN 20 26859 ESTIMATED VALUE X EQUIPMENT 8 25821 ESTIMATED VALUE X TICKETS/GIFT CARDS 21 3033 ESTIMATED VALUE X EVENT GOODS 5 1800 ESTIMATED VALUE 48 0 1 0 PART I, COLUMN (B): COLUMN (B) REPORTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 1 UNIVERSITY OF NORTHWESTERN - ST. PAUL HAS AN EXECUTIVE COMMITTEE, CONSISTING OF THE CHAIR, VICE-CHAIR AND SECRETARY OF THE BOARD OF TRUSTEES, THE PRESIDENT OF THE UNIVERSITY, AND THE CHAIR OF EACH OF THE STANDING COMMITTEES OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES ON ALL MATTERS EXCEPT FOR THE FOLLOWING, WHICH ARE RESERVED FOR THE FULL BOARD OF TRUSTEES: PRESIDENTIAL SELECTION AND TERMINATION, TRUSTEE AND BOARD OFFICER SELECTION, CHARTER AND BYLAW AMENDMENT, CHANGING THE INSTITUTION'S MISSION, INCURRING CORPORATE INDEBTEDNESS BEYOND WHAT THE BOARD OF TRUSTEES HAS AUTHORIZED BY RESOLUTION, APPROVAL OF THE ANNUAL BUDGET, AND CONFERRAL OF DEGREES. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 WAS PROVIDED TO THE UNIVERSITY'S MANAGEMENT TEAM FOR A DETAIL REVIEW AFTER ALL CHANGES WERE MADE AND QUESTIONS ANSWERED. A FINAL COPY OF THE FORM 990 WAS THEN REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY'S CONFLICT OF INTEREST POLICY APPLIES TO ITS BOARD OF TRUSTEES, OFFICERS AND MANAGEMENT EMPLOYEES. THE BOARD OF TRUSTEES SIGN A CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. IT IS THE RESPONSIBILITY OF ALL INTERESTED PERSONS TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST AS SOON AS THEY BECOME AWARE OF THEM. DISCLOSURES ARE MADE TO THE PRESIDENT OF THE UNIVERSITY OR THE CHAIR OF THE BOARD OF TRUSTEES, AS APPROPRIATE, WHO BRING THE MATTER TO THE ATTENTION OF THE ENTIRE BOARD OF TRUSTEES. THE BOARD THEN DETERMINES IF A CONFLICT EXISTS, WHETHER IT IS MATERIAL, AND WHETHER IT IS JUST, FAIR AND REASONABLE TO UNIVERSITY OF NORTHWESTERN - ST. PAUL. THE INTERESTED PERSON LEAVES THE ROOM FOR DISCUSSIONS INVOLVING, AND MAY NOT VOTE ON, THE RELEVANT CONTRACT OR TRANSACTION. WHEN THERE IS A CONFLICT OF INTEREST DURING A BOARD MEETING DISCUSSION, IT IS DOCUMENTED IN THE BOARD MINUTES THAT THE PERSON(S) WITH THE CONFLICT LEFT THE ROOM FOR THE COURSE OF THE DISCUSSION. FORM 990, PART VI, SECTION B, LINE 15A PRESIDENT OF UNIVERSITY OF NORTHWESTERN - ST. PAUL: NORTHWESTERN RECEIVES COMPARISON DATA FROM THREE MAIN SOURCES: (1) COUNCIL FOR CHRISTIAN COLLEGES AND UNIVERSITIES, (2) CUPA AND (3) YAFFE & CO. ALL THREE OF THESE SOURCES TARGET HIGHER EDUCATION COMPENSATION. THE OFFICE OF HUMAN RESOURCES IS RESPONSIBLE FOR REVIEWING THE SURVEYS RELATED TO TOP MANAGEMENT AS WELL AS ALL EMPLOYEES AND ENSURE THAT WAGES ARE WITHIN AN APPROPRIATE RANGE. THE PRESIDENT'S SALARY WAS OFFICIALLY REVIEWED BY THE BOARD OF TRUSTEES. THE LAST REVIEW WAS COMPLETED IN 2017 FOR PRESIDENT, A. CURETON. OTHER OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES: UNIVERSITY OF NORTHWESTERN - ST. PAUL HAS A FORMAL SALARY PROGRAM WITH SALARY GRADES AND SALARY RANGES FOR POSITIONS. UNIVERSITY OF NORTHWESTERN - ST. PAUL ANNUALLY PARTICIPATES IN MULTIPLE SALARY SURVEYS AND ALSO REVIEWS LOCAL SALARY DATA TO DETERMINE SALARY GRADE RANGES. ANNUALLY, THE PROCESS IS REVIEWED BY HUMAN RESOURCES AND SALARY GRADE INCREASES ARE MADE TO THE MINIMUM, MIDPOINT AND MAXIMUM OF THE PAY RANGE. ANNUALLY, VICE PRESIDENT SALARIES ARE REVIEWED BY THE PRESIDENT. THE PRESIDENT HAS ACCESS TO SALARY SURVEY DATA AND FROM THERE A REQUEST FOR SALARY CHANGE IS MADE BY THE PRESIDENT AND PRESENTED TO HUMAN RESOURCES FOR REVIEW AND PROCESSING. THE LAST REVIEW INCLUDED COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION WAS IN 2015 FOR VP OF FINANCE, D. SCHROEDER AND OTHER VICE PRESIDENTS. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF ANNUITIES, TRUSTS -22,847. CHANGE IN VALUE OF INTEREST RATE SWAP 945,750. LINCOLN DRIVE PROPERTIES LLC 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 205476148 REAL ESTATE MN 12000 3114424 UNIVERSITY OF NORTHWESTERN - ST PAUL UNW STUDENT HOUSING LLC 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 411930109 STUDENT HOUSING MN 123600 8095297 UNIVERSITY OF NORTHWESTERN - ST PAUL CENTRE POINTE DRIVE LLC 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 813221057 REAL ESTATE MN 0 9139733 UNIVERSITY OF NORTHWESTERN - ST PAUL NORTHWESTERN FOUNDATION 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 411878924 EDUCATION FOUNDATION MN 501(C)(3) LINE 7 UNIVERSITY OF NORTHWESTERN - ST PAUL 1 CHARITABLE REMAINDER TRUSTS (4) TRUSTS MN UNIVERSITY OF NORTHWESTERN - ST PAUL T 1 0 1 1 0 0 0 0 0 0 1 0 1 0 1 1 1 1 0 0 NORTHWESTERN FOUNDATION B 24000 FMV NORTHWESTERN FOUNDATION C 149190 FMV NORTHWESTERN FOUNDATION L 115000 FMV NORTHWESTERN FOUNDATION M 68448 FMV