2018-05-08T16:10:25-05:00 2017-06-30 ERNST & YOUNG US LLP 800 YARD STREET SUITE 200 GRANDVIEW HEIGHTS OH 43212 990 2016-07-01 237179567 Mount St Joseph University % JEFFREY C BRIGGS CFO MOUN 5132444200 5701 DELHI ROAD CINCINNATI OH 452331670 Jeffrey C Briggs CFO 5132444200 2018-05-08 DIANE L BEAN P00104972 6142245678 2016 2022-09-23 18:48:47Z H James Williams 5701 Delhi Road Cincinnati OH 452331670 73731495 false X www.msj.edu X 1972 OH SEE SCHEDULE O 30 29 1240 51 163472 2960281 4718173 45876211 43873201 1408525 2717384 360196 699925 50605213 52008683 13544553 12674176 0 0 23538773 23622264 0 0 1014010 14047494 13921885 51130820 50218325 -525607 1790358 84170647 89275979 23037769 21031417 61132878 68244562 X MOUNT ST. JOSEPH UNIVERSITY IS A CATHOLIC ACADEMIC COMMUNITY GROUNDED IN THE SPIRITUAL VALUES AND VISION OF ITS FOUNDERS, THE SISTERS OF CHARITY. THE UNIVERSITY EDUCATES ITS STUDENTS THROUGH INTERDISCIPLINARY LIBERAL ARTS AND PROFESSIONAL CURRICULA EMPHASIZING VALUES, INTEGRITY AND SOCIAL RESPONSIBILITY. MEMBERS OF THE MOUNT COMMUNITY EMBRACE EXCELLENCE IN ACADEMIC ENDEAVORS, THE INTEGRATION OF LIFE AND LEARNING, RESPECT AND CONCERN FOR ALL PERSONS, DIVERSITY OF CULTURES AND BELIEFS, AND SERVICE TO OTHERS. false false 27117441 12674176 30287316 UNDERGRADUATE EDUCATION - THE UNIVERSITY'S UNDERGRADUATE ACADEMIC PROGRAMS INSPIRE EXCELLENCE, INTELLECTUAL CHALLENGE, AND REAL LIFE EXPERIENCES. MAJORS ARE OFFERED IN BUSINESS, BEHAVIORAL AND NATURAL SCIENCES, EDUCATION, HEALTH SCIENCES, AND LIBERAL ARTS. IN ADDITION, STUDENTS HAVE THE OPPORTUNITY TO EXPAND LEARNING BEYOND THE CLASSROOM THROUGH COOPERATIVE EDUCATION, SERVICE LEARNING AND STUDY ABROAD PROGRAMS. THE UNIVERSITY OFFERS PROGRAMS TAILORED TO TRADITIONAL, ADULT AND PART-TIME STUDENTS. The university reported enrollment of 1,374 for the 2016-2017 academic year. 11907799 0 3061924 STUDENT AND RESIDENCE LIFE - INCLUDES ADMISSION AND ENROLLMENT OF STUDENTS AS WELL AS PERSONAL AND CAREER SUPPORT. ALSO INCLUDES VARIOUS CAMPUS ACTIVITIES AND 21 ATHLETIC PROGRAMS. RESIDENCE LIFE IS COMMITTED TO PROVIDING QUALITY HOUSING FOR FULL-TIME SINGLE STUDENTS THAT ENHANCES THE EXPERIENCE OF EACH RESIDENT WHILE SUPPORTING ACADEMIC ACHIEVEMENT AND THE MISSION OF THE UNIVERSITY. 5292561 0 10523961 GRADUATE EDUCATION - OFFERS MASTERS AND DOCTORAL PROGRAMS. INSTRUCT AND PROVIDE ACADEMIC SUPPORT TO STUDENTS ENROLLED IN THOSE PROGRAMS. DEGREES INCLUDE EDUCATION, HEALTH SCIENCES, MBA AND ORGANIZATIONAL LEADERSHIP. The university reported enrollment of 711 for the 2016-2017 academic year. 44317801 true true false false false false false false false true true false false false true true true false true false false false false false true false false false true true true false false false false false false false true false false false false true false false false true X 148 0 true 1240 true true true false false false false true true false false false false X 30 29 true false false false true true true true true false false true true true true true true true true false OH X JEFFREY C BRIGGS CFO 5132444200 5701 DELHI ROAD CINCINNATI OH 45233 JOHN J YOUNG CHAIRMAN OF THE BOARD 1.0 0.0 X X 0 0 0 H JAMES WILLIAMS PRESIDENT 48.0 0.0 X X 299496 0 22319 LINDA ANTUS TRUSTEE 1.0 0.0 X 0 0 0 TIMOTHY G AUG TRUSTEE 1.0 0.0 X 0 0 0 JOANNE M BURROWS SC TRUSTEE 1.0 0.0 X 0 0 0 MARK C CLEMENT TRUSTEE 1.0 0.0 X 0 0 0 BARBARA DAVIS SC TRUSTEe 1.0 0.0 X 0 0 0 D BROCK DENTON TRUSTEE 1.0 0.0 X 0 0 0 BRIAN A DOYLE TRUSTEE 1.0 0.0 X 0 0 0 GEORGE S ELLIOTT TRUSTEE 1.0 0.0 X 0 0 0 MARY ANN FLANNERY SC TRUSTEE 1.0 0.0 X 0 0 0 MONICA J GARNES TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL J HABEL TRUSTEE 1.0 0.0 X 0 0 0 MARTIN F HOLLENBECK TRUSTEE 1.0 0.0 X 0 0 0 MARY E IVERS TRUSTEE 1.0 0.0 X 0 0 0 FRANK G JULIAN TRUSTEE 1.0 0.0 X 0 0 0 CATHERINE KIRBY SC TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL T LAROSA TRUSTEE 1.0 0.0 X 0 0 0 KATHRYN K MCMULLEN TRUSTEE 1.0 0.0 X 0 0 0 JASON P NIEHAUS TRUSTEE 1.0 0.0 X 0 0 0 BERNADETTE L PLAIR TRUSTEE 1.0 0.0 X 0 0 0 CAROLINE K PRATT TRUSTEE 1.0 0.0 X 0 0 0 TOBY B RAU TRUSTEE 1.0 0.0 X 0 0 0 KENNETH J RYAN TRUSTEE 1.0 0.0 X 0 0 0 MARY DOLORES SCHNEIDER SC TRUSTEE 1.0 0.0 X 0 0 0 TIMORTHY J SCHROEDER TRUSTEE 1.0 0.0 X 0 0 0 KENNETH W STECHER TRUSTEE 1.0 0.0 X 0 0 0 STEVEN M SUETHOLZ TRUSTEE 1.0 0.0 X 0 0 0 ERIC R THIEMANN TRUSTEE 1.0 0.0 X 0 0 0 PATRICIA WITTBERG SC TRUSTEE 1.0 0.0 X 0 0 0 PAUL SILVA TRUSTEE (thru 02/01/17) 1.0 0.0 X 0 0 0 ANNE MARIE WAGNER TREASURER & CFO 48.0 0.0 X 137548 0 17615 LINDA PANZECA SECRETARY & CCO 48.0 0.0 X 114695 0 7991 PATRICK CAFFERTY CHAIR/program director PHYSICI 48.0 0.0 X 122433 0 22099 DIANA DAVIS INTERIM PROVOST 48.0 0.0 X 129182 0 13240 DARLA VALE DEAN OF HEALTH SCIENCES 48.0 0.0 X 119687 0 12812 ROSANNE M THOMAS CHAIR PHYSICAL THERAPY 48.0 0.0 X 112309 0 20045 JAMAL ABU RASHED DEAN OF SCHOOL OF BUSINESS 48.0 0.0 X 119263 0 6452 Joel Thierstein Former Interim President 0.0 0.0 X 160932 0 19577 ANTHONY ARETZ FORMER PRESIDENT 0.0 0.0 X 114000 0 0 1429545 0 142150 10 true true false Messer Construction Co 5158 Fishwick Dr Cincinnati OH 45216 Construction 1093730 AVI Food Systems 2950 Elm Road NE Warren OH 44483 Food Service/Caterin 1031764 Custom LED Systems 1301 Dublin Rd Ste 303 Columbus OH 43215 LED Lighting 999053 CDW Government Inc 75 Remittance Dr Ste 1515 Chicago IL 60675 Computers & Technolo 261807 Fire Engine RED Inc PO Box 1017 Havertown PA 19083 Technology Services 214000 24 211195 569155 571765 3366058 204532 4718173 UNDERGRADUATE EDUCATION 900099 30287316 30287316 0 0 STUDENT & RESIDENT LIFE 900099 3061924 3061924 0 0 GRADUATE EDUCATION 900099 10523961 10523961 0 0 43873201 838328 838328 0 0 0 0 0 23473663 21594607 1879056 1879056 1879056 69854 211195 128205 -58351 -58351 0 0 0 0 0 0 FACILITIES RENTAL 531190 201155 0 163472 37683 BOOKSTORE 611710 35793 0 0 35793 OTHER 900099 521328 0 0 521328 758276 52008683 43873201 163472 3253837 0 0 12674176 12674176 0 0 0 0 801083 0 801083 0 294509 294509 18311623 17083889 690972 536762 922860 854653 41042 27165 1910098 1648437 203076 58585 1382091 1225277 117869 38945 0 0 0 0 17875 0 17875 0 124229 0 124229 0 0 0 0 0 0 0 55595 0 55595 0 1527359 1006005 508460 12894 1246988 1139706 57045 50237 2702816 2620227 49824 32765 240488 240488 0 0 0 0 0 0 797867 593463 162629 41775 537187 530524 1919 4744 0 0 0 0 204546 169880 33818 848 505449 0 505449 0 0 0 0 0 3773175 2852520 920655 0 394113 394113 0 0 Bad Debt 250000 250000 0 0 Library Books/Software 451772 233483 9535 208754 Board and Food Court Exp 790449 790449 0 0 ALL OTHER EXPENSES 301977 10511 290930 536 50218325 44317801 4886514 1014010 0 3749845 2919248 2670905 2457317 2165484 2354442 676343 1057554 0 0 0 0 1315905 1582029 3696 3696 626924 268206 88098919 64488586 22704466 23610333 49828030 54444039 0 0 0 0 0 0 429049 579115 84170647 89275979 2747828 1679659 1731794 2097540 3979659 4135940 13435140 12243442 0 0 0 0 0 0 0 0 1143348 874836 23037769 21031417 X 30327262 32553116 13687233 16407375 17118383 19284071 61132878 68244562 84170647 89275979 X 1790358 4957925 0 0 0 363401 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36217211 2057310 5745065 851023 479611 42688952 38192996 116747 -1212795 811128 68609 36217211 37545547 519511 1348360 798760 421662 38192996 32996133 263312 5849551 657931 905518 37545547 29089627 1365648 3884852 654947 689047 32996133 0.24110 0.43520 0.32370 false false 2024109 2024109 16047455 9105787 6941668 42407177 32693411 9713766 17452278 15314147 2138131 10167900 7375241 2792659 23610333 0 DEPOSITS 514773 FINANCIAL INSTRUMENT LIABILITY 360063 874836 X 57458214 4957925 0 0 491606 5449531 52008683 0 0 52008683 50346530 128205 128205 50218325 0 0 50218325 Schedule D, Part V, Line 4 Organization's Intended use of endowment funds THE UNIVERSITY'S ENDOWMENT FUND IS PRIMARILY USED TO FUND SCHOLARSHIPS AND AID TO STUDENTS. OTHER USES INCLUDE INSTRUCTIONAL, ACADEMIC SUPPORT, AND PLANT OPERATIONS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) Footnote The University is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. Management is not aware of any course of action or series of events that have occurred that might adversely affect the University's exempt status. The University applies the provisions of FASB ASC 740, Income Taxes, in regards to uncertain tax positions. The University completed an analysis of its tax positions at june 30, 2017 and 2016, and determined that no amounts were required to be recognized in the financial IN THE FINANCIAL STATEMENTS. Schedule D, Part XI, Line 2d OTHER RECONCILING ITEMS FROM 990 TO FINANCIAL STATEMENTS GAIN ON SWAPS (FINANCIAL INSTRUMENTS) $333,895 CHANGE IN BENEFICIAL INTEREST IN TRUST $13,127 CHANGE IN ANNUITIES PAYABLE $16,379 Fundraising event expenses $128,205 ---------- TOTAL $491,606 Schedule D, Part XII, Line 2d Other Reconciling items from 990 to Financial statements Fundraising event expenses $128,205 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 Racially Nondiscriminatory Policy The following policy is published on the University's website (www.msj.edu) and in the University's Catalog: Mount St. Joseph University (the University) is committed to providing an educational and employment environment free from discrimination or harassment on the basis of race, color, national origin, religion, sex, age, disability, sexual orientation or other minority or protected status. This commitment extends to the Universitys administration of its admission, financial aid, employment, and academic policies, as well as the Universitys athletic programs and other university-administered programs, services, and activities. Schedule E, Part I, Line 6A Financial Aid or Assistance from a government agency The University receives financial aid from the US Department of Education in the form of Federal Work Study (FWS), Teacher Education Assistance for College and Higher Education (TEACH), Supplemental Education Opportunity Grants (SEOG), PELL, and Upward Bound. Schlrshp dinner 226772 182173 44599 6620 15903 36365 45392 ftball glf otn 12775 8925 3850 4970 5 41502 20097 21405 18955 281049 211195 69854 6620 15903 60290 45392 128205 -58351 true STUDENT AID 1487 12674176 Form 990, Schedule I A LIST OF RECIPIENTS OF SCHOLARSHIPS, FELLOWSHIPS, AND GRANTS IS ON FILE AT THE INSTITUTION UPON REQUEST. ALTHOUGH THERE MAY BE RECIPIENTS WHO ARE RELATED TO PERSONS HAVING AN INTEREST IN THE ORGANIZATION, SUCH RECIPIENTS ARE ON AN EQUAL, OBJECTIVELY DETERMINABLE BASIS WITH OTHER RECIPIENTS; THAT IS ALL STUDENTS RECIVING AID ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACHIEVEMENT, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS. X X true true X X X true false false false false false false false false H JAMES WILLIAMS PRESIDENT 240458 0 0 0 59038 0 13143 0 9176 0 321815 0 0 0 ANNE MARIE WAGNER TREASURER & CFO 137548 0 0 0 0 0 9945 0 7670 0 155163 0 0 0 ANTHONY ARETZ FORMER PRESIDENT 0 0 0 0 114000 0 0 0 0 0 114000 0 114000 0 Joel Thierstein Former Interim President 160932 0 0 0 0 0 9010 0 10567 0 180509 0 0 0 SCHEDULE J, PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE DR. WILLIAMS RECEIVED A HOUSING ALLOWANCE. THE UNIVERSITY PAID MOVING EXPENSES. BOTH ARE INCLUDED AS TAXABLE BENEFITS. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES THE UNIVERSITY PAID THE MONTHLY DUES ASSOCIATED WITH THE PRESIDENT'S MEMBERSIP TO THE LOCAL COUNTRY CLUB. THE PORTION OF DUES RELATED TO PERSONAL USE WAS INCLUDED AS A TAXABLE FRINGE BENEFIT. SCHEDULE J, PART 1, LINE 4a UPON SEPARATION FROM SERVICE, DR. ARETZ WAS ELIGIBLE FOR A SALARY CONTINUATION PLAN. A OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 2009-07-30 17200000 SEE PART VI false false false A 6955000 0 17200000 0 0 0 175550 0 0 0 17024450 0 2009 true false true true A false false true true false 0.00050 0.00010 0.00060 false false false false A false false true false true true 53 Bank 1.4 false false false 0 false false A false SCHEDULE K, PART I, LINE A, COLUMN F DESCRIPTION OF PURPOSE OF TAX EXEMPT BONDS REVENUE BONDS USED TO REFINANCE PREVIOUS DEBT ISSUED ON 4/1/2004 AND 7/22/2004 AND TO PAY ISSUANCE COSTS. SCHEDULE K, PART II, LINE 7 ISSUANCE COSTS FROM PROCEEDS 2009 REPRESENTS THE YEAR IN WHICH REFINANCING OF THE BOND WAS COMPLETE. CONSTRUCTION WAS SUBSTANTIALLY COMPLETE IN 2005 UNDER THE ORIGINAL TAX-EXEMPT BOND ISSUE. SCHEDULE K, PART II, LINE 8 CREDIT ENHANCEMENT FROM PROCEEDINGS 2009 REPRESENTS THE YEAR IN WHICH REFINANCING OF THE BOND WAS COMPLETE. CONSTRUCTION WAS SUBSTANTIALLY COMPLETE IN 2005 UNDER THE ORIGINAL TAX-EXEMPT BOND ISSUE. SCHEDULE K, PART IV, LINE 3 BOND ISSUE VARIABLE RATE THE BOND ISSUANCE IS COMPRISED OF THE FOLLOWING: SERIES B OF THE BONDS ARE VARIABLE: $10,000,000 SCHEDULE K, PART IV, LINE 4 HEDGE PROVIDER THERE IS A SECOND QUALIFIED HEDGE PROVIDED BY US BANK WITH A TERM OF 6.5 YEARS. X 11233 COST/SELLING PRICE X 7 158312 COST/SELLING PRICE X 1 120 COST/SELLING PRICE X LAB EQUPMENT 1 28000 COST/SELLING PRICE X IN KIND MISC 5 2370 COST/SELLING PRICE X IN KIND PRINT & ADS 3 4497 COST SELLING PRICE 1 false true false Form 990, Part 1, Line 1 Organization's Mission MOUNT ST. JOSEPH UNIVERSITY IS A CATHOLIC ACADEMIC COMMUNITY GROUNDED IN THE SPIRITUAL VALUES AND VISION OF ITS FOUNDERS, THE SISTERS OF CHARITY. THE UNIVERSITY EDUCATES ITS STUDENTS THROUGH INTERDISCIPLINARY LIBERAL ARTS AND PROFESSIONAL CURRICULA EMPHASIZING VALUES, INTEGRITY AND SOCIAL RESPONSIBILITY. MEMBERS OF THE MOUNT COMMUNITY EMBRACE EXCELLENCE IN ACADEMIC ENDEAVORS, THE INTEGRATION OF LIFE AND LEARNING, RESPECT AND CONCERN FOR ALL PERSONS, DIVERSITY OF CULTURES AND BELIEFS, AND SERVICE TO OTHERS. FORM 990, PART VI, LINE 2 THE UNIVERSITY IS AWARE OF RELATIONSHIPS BETWEEN MEMEBERS OF THE BOARD OF TRUSTEES, THEIR COMPANIES, AND OTHER BOARD MEMBERS AND THEIR COMPANIES BUT CONSIDERS THESE RELATIONSHIPS FOCUSED ON SERVICES NORMAL IN THE COURSE OF BUSINESS. TRUSTEES TIM AUG, BRIAN DOYLE, KEN RYAN HAVE A BUSINESS RELATIONSHIP WITH MSJU. TRUSTEES MARTY HOLLENBECK, KEN STECHER AND STEVE SUETHOLZ HAVE BUSINESS RELATIONSHIPS WITH EACH OTHER. FORM 990, PART VI, LINE 6 MEMBERS OR STOCKHOLDERS THE MEMBERS OF THE UNIVERSITY CORPORATION ARE THE MEMBERS OF THE CORPORATION BOARD FOR SPONSORED MINISTRIES APPOINTED BY THE SISTERS OF CHARITY OF CINCINNATI, OHIO. FORM 990, PART VI, LINE 7A POWER TO ELECT OR APPOINT MEMBERS THE BOARD OF TRUSTEES OF THE UNIVERSITY ARE ELECTED BY THE MEMBERS OF THE CORPORATION BOARD FOR SPONSORED MINISTRIES OF THE SISTERS OF CHARITY OF CINICNNATI, OHIO. FORM 990, PART VI, LINE 7B DECISIONS RESERVED TO MEMBERS OR STOCKHOLDERS THE SISTERS OF CHARITY OF CINCINNATI, OHIO IS THE SPONSORING ORDER OF THE UNIVERSITY. CERTAIN RECOMMENDATIONS FROM THE BOARD OF TRUSTEES (SUCH AS THE ELECTION OR REMOVAL OF THE CEO) MUST BE APPROVED BY THE SISTERS OF CHARITY CORPORATION BOARD. OTHER APPROVAL POWERS VESTED IN THE SISTERS OF CHARITY LEADERSHIP COUNCIL INCLUDE ANY CHANGES TO THE MISSION, PHILOSOPHICAL DIRECTION OR PURPOSES; ESTABLISHING SEPARATE CORPORATIONS; ADOPTION REPEAL, OR AMENDMENT OF THE ARTICLES OF INCORPORATION OR CODE OF REGULATION; ACQUIRING CAPITAL FINANCING AND THE AMORTIZATION OF DEBT; THE PURCHASES, SALE, LEASE OR DISPOSITION OF REAL PROPERTY OR OTHER ASSESTS OR THE INCURRING OF DEBT OR OTHER OBLIGATINS THAT EXCEED THE MONETARY LIMIT SET ANNUALLY BY THE LEADERSHIP COUNCIL; APPOINTMENT OF EXTERNAL AUDITORS; OR ANY ITEMS IN THE CAPITAL OR OPERATING BUDGET INFERRING A SUBSIDY FROM CONGREGATIONAL FUNDS. FORM 990, PART VI, LINE 11B PROCESS USED TO REVIEW THE FORM 990 DRAFT COPIES OF THE FORM 990 ARE PRESENTED TO THE Audit/finance committee AND/OR THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES FOR THE REVIEW PRIOR TO FILING. AFTER DISCUSSION, MODIFICATIONS OR CHANGES ARE INCORPORATED INTO THE DRAFT. THIS REVISED DRAFT IS THEN PRESENTED TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND DISCUSSION. OPEN ITEMS AFTER THIS DISCUSSION WILL BE TAKEN BACK TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR FINAL APPROVAL. ONCE IT HAS BEEN APPROVED, IT WILL BE MADE AVAILABLE TO THE ENTIRE BOARD OF TRUSTEES BEFORE FILING. FORM 990, PART VI, LINE 12C MONITORING AND ENFORCEMENT OF COMPLIANCE WITH CONFLICT OF INTEREST POLICY ALL OFFICERS, TRUSTEES, EMPLOYEES, AND NON-TRUSTEE BOARD COMMITTEE MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST POLICY STATEMENT ANNUALLY. THE CHIEF COMPLIANCE OFFICER IS RESPONSIBLE FOR DISTRIBUTION, COLLECTION, AND REVIEW OF ALL COMPLETED STATEMENTS. UPON REVIEW, OFFICER, TRUSTEE, AND NON-TRUSTEE BOARD COMMITTEE MEMBERS STATEMENTS ARE FORWARDED TO THE AUDIT/FINANCE COMMITTEE CHAIR FOR FURTHER REVIEW AND DOCUMENTATION OF ANY CONFLICTS. A CONFLICT IS DETERMINED TO EXIST WHEN A PERSON HAS A BUSINESS RELATIONSHIP WITH THE UNIVERSITY EITHER PERSONALLY OR THROUGH HIS OR HER EMPLOYER. ANYONE WHO HAS BEEN DETERMINED TO HAVE A CONFLICT SHALL RECUSE HIM OR HER SELF FROM VOTES RELATING TO THE CONFLICT. SUCH RECUSAL IS DOCUMENTED IN BOARD MINUTES. FORM 990, PART VI, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE UNIVERSITY USED INDEPENDENT DATA FROM LIKE INSTITUTIONS FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS TO DETERMINE COMPENSATION RANGES. THE UNIVERSITY HAS AN ANNUAL PROCESS FOR INDEPENDENT REVIEW OF OFFICER SALARIES WHEREBY THE EXECUTIVE COMMITTEE COMPARES SALARY DATA FOR THE PRESIDENT AND OTHER UNIVERSITY OFFICERS TO ACTUAL SALARY AMOUNTS. UNDER NORMAL CIRCUMSTANCES THESE AMOUNTS ARE APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. FOR THE YEAR ENDED JUNE 30, 2017 NO CHANGES IN OFFICER SALARIES WERE MADE, AND A FORMAL REVIEW OF SALARY AMOUNTS WAS NOT PERFORMED BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, LINE 19 PROCESS FOR MAKING DOCUMENTS AVAILABLE TO THE PUBLIC THE UNIVERSITY WILL DISCLOSE REFERENCED DOCUMENTS TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES GAIN ON SWAPS (FINANCIAL INSTRUMENTS) $333,895 CHANGE IN BENEFICIAL INTEREST IN TRUST $13,127 CHANGE IN ANNUITIES PAYABLE $16,379 ---------- TOTAL $363,401 Sisters of Charity Cincinnati 5900 Delhi Road Cincinnati OH 45051 310537158 Religious Com OH 501(c)(3) 1 NA false false false true false false false false false false true true false false false false true false false false SISTERS OF CHARITY OF CINCINNATI c 60000 FMV