2018-04-16T15:08:43-05:00 2017-05-31 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE STE 400 PLYMOUTH MEETING PA 19462 990 2016-06-01 231352654 LA SALLE UNIVERSITY LASA 2159511000 1900 WEST OLNEY AVENUE PHILADELPHIA PA 19141 STEPHANIE PRICKEN VP FINANCE & ADMINISTRATION 2159511000 2018-04-13 1 KAREN GRIES P00078514 2156433900 67.137.57.251 2018-04-13 09:14:27 CD P 662AFBF7F2F9883F5E910BA2CC57A7F69F389170 3E4F18CB77D6EAFB55BE5397643245C4E488A262 2016 2021-01-29 14:40:06Z COLLEEN M HANYCZ PHD 1900 WEST OLNEY AVENUE PHILADELPHIA PA 19141 232537567 0 X WWW.LASALLE.EDU X 1863 PA PROVIDING A LIBERAL EDUCATION IN GENERAL AND SPECIALIZED STUDIES. 33 32 2256 32 21215 -43969 10933312 13720531 175846964 164779101 5613284 4356446 4821852 5582428 197215412 188438506 73369442 72746537 0 0 72082768 69551877 0 0 2096282 47315082 45223407 192767292 187521821 4448120 916685 303431603 291139117 187400123 170990589 116031480 120148528 X LA SALLE UNIVERSITY IS A CATHOLIC LASALLIAN CO-EDUCATIONAL, INDEPENDENT INSTITUTION, FOUNDED IN 1863 IN PHILADELPHIA, PENNSYLVANIA BY THE BROTHERS OF THE CHRISTIAN SCHOOLS (THE "BROTHERS," THE "CHRISTIAN BROTHERS, OR "DE LA SALLE CHRISTIAN BROTHERS."), A CATHOLIC RELIGIOUS COMMUNITY OF VOWED LAYMEN DEDICATED TO TEACHING AND CAREER PREPARATION. THE UNIVERSITY IS COMMITTED TO ACADEMIC EXCELLENCE AND INDIVIDUALIZED ATTENTION IN A VALUES-BASED, INTER-FAITH EDUCATIONAL COMMUNITY AND TO PROVIDING A TRANSFORMATIVE EDUCATION THAT IS ACCESSIBLE AND AFFORDABLE TO ALL.LA SALLE STRIVES TO OFFER, THROUGH EFFECTIVE TEACHING, A QUALITY EDUCATION ACCESSIBLE TO ALL FOUNDED ON THE IDEA THAT ON'S INTELLECTUAL AND SPIRITUAL DEVELOPMENT GO HAND IN HAND, COMPLIMENTING AND FULFILLING EACH OTHER. THE UNIVERSITY HAS, AS ITS BASIC PURPOSE, THE FREE SEARCH FOR TRUTH BY TEACHING ITS STUDENTS THE BASIC SKILLS, KNOWLEDGE AND VALUES THAT THEY WILL NEED FOR A LIFE OF HUMAN DIGNITY. 0 0 112254640 72746537 147820909 INSTRUCTION - THE UNIVERSITY PROVIDED EDUCATION TO 3032 AND 2,885 FULL-TIME, UNDERGRADUATE DAY STUDENTS IN THE FALL OF 2016 AND THE SPRING OF 2017 SEMESTERS, RESPECTIVELY. SUMMER PART-TIME, GRADUATE, EVENING, AND DOCTORATE PROGRAMS PROVIDED 38,665 CREDIT HOURS. THE UNIVERSITY PROVIDED AWARDS TO FULL-TIME AND PART-TIME STUDENTS. 39859856 0 2273142 STUDENTS SERVICES: THE UNIVERSITY PROVIDED COUNSELING, INTER-COLLEGIATE ATHLETICS, HEALTH ADVISING, STUDENT GOVERNING, AND OTHER STUDENT LIFE SERVICES FOR ALL STUDENTS. 9991048 0 14685050 AUXILIARY ENTERPRISES - THE UNIVERSITY PROVIDED BOOKSTORE, HOUSING, AND DINING SERVICES AT ANNUAL COST OF ROOM - $7,530 AND OF BOARD $6,250. THE UNIVERSITY PROVIDED ROOMS TO 1,598 AND 1,517 STUDENTS AND MEALS TO 1,961 AND 1,834 IN THE FALL 2016 AND SPRING 2017 SEMESTERS, RESPECTIVELY. 162105544 1 1 0 0 0 0 0 1 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 1 0 0 0 1 1 0 0 0 1 6897 0 2256 1 1 1 0 0 0 0 1 1 0 0 0 0 X 33 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X STEPHANIE PRICKEN 2159511858 1900 WEST OLNEY AVENUE PHILADELPHIA PA 19141 REGINALD M BROWNE TRUSTEE 1.00 X 0 0 0 JAMES L BUTLER FSC TRUSTEE 1.00 X 0 0 0 DIEGO F CALDERIN TRUSTEE 1.00 X 0 0 0 HANNAH C DATZ TRUSTEE 1.00 X 0 0 0 STEPHEN K DEGNAN TRUSTEE 1.00 X 0 0 0 EDWARD J FIERKO TRUSTEE 1.00 X 0 0 0 PHILIP WJ FISHER TRUSTEE 1.00 X 0 0 0 DANIEL K FITZPATRICK TRUSTEE 1.00 X 0 0 0 JAMES GAFFNEY FSC D MIN TRUSTEE 1.00 X 0 0 0 JOHN S GRADY JR TRUSTEE 1.00 X 0 0 0 ELMER F HANSEN III TRUSTEE 1.00 X 0 0 0 BRIAN HENDERSON FSC TRUSTEE 1.00 X 0 0 0 MARGARET A KANE TRUSTEE 1.00 X 0 0 0 THOMAS A LEONARD CPA TRUSTEE 1.00 X 0 0 0 ROBERT W LIPTAK TRUSTEE 1.00 X 0 0 0 BERNADETTE M MANGAN TRUSTEE 1.00 X 0 0 0 WILIAM W MATTHEWS III ESQ TRUSTEE 1.00 X 0 0 0 RALPH J MAURO ESQ TRUSTEE 1.00 X 0 0 0 KEVIN F O'DONNELL TRUSTEE 1.00 X 0 0 0 FRANK C PALOPOLI TRUSTEE 1.00 X 0 0 0 GREGORY J WEBSTER TRUSTEE 1.00 X 0 0 0 FRANK G BYRNE FSC TRUSTEE 1.00 X 0 0 0 SUSAN ALTAMORE CARUSI ESQ TRUSTEE 1.00 X 0 0 0 WILLIAM E KELLY JR TRUSTEE 1.00 X 0 0 0 DENNIS MALLOY FSC TRUSTEE 1.00 X 0 0 0 JAMES V MORRIS TRUSTEE 1.00 X 0 0 0 BRENNAN O'DONNELL PHD TRUSTEE 1.00 X 0 0 0 WILLIAM R SASSO ESQ TRUSTEE 1.00 X 0 0 0 JOHN T SHANNON JR TRUSTEE 1.00 X 0 0 0 JAMES J SMART CPA TRUSTEE 1.00 X 0 0 0 JUDITH A SPIRES TRUSTEE 1.00 X 0 0 0 STEPHEN T ZARRILLI TRUSTEE AND CHAIRMAN 1.00 X 0 0 0 COLLEEN M HANYCZ PHD PRESIDENT 40.00 X X 402342 0 109734 EDWARD J SHEEHY FSC PHD VICE PRESIDENT 40.00 X 0 0 7582 STEPHANIE PRICKEN VP, FINANCE & ADMIN 40.00 X 93924 0 3170 AMY BOSIO VP, FINANCE & ADMIN 40.00 X 386107 0 12784 KEVIN DOLAN ESQ VICE PRESIDENT, GEN'L COUNSEL 40.00 X 275576 0 8427 BRIAN GOLDSTEIN PHD VP, ACADEMIC AFFAIRS 40.00 X 275874 0 18548 THOMAS F DELAHUNT VP, ENROLLMENT SERVICES 40.00 X 148872 0 10869 CATHLEEN PARSONS-NIKOLIC VP, UNIVERSITY ADVANCEMENT 40.00 X 282339 0 5300 JAMES MOORE PHD VP, STUDENT AFFAIRS 40.00 X 146224 0 9800 DAWN SOUFLERIS PHD VP, STUDENT AFFAIRS 40.00 X 71402 0 981 WILLIAM BRADSHAW ATHLETIC DIRECTOR 40.00 X 189214 0 4304 JOHN GIANNINI PHD ATHLETIC DIRECTOR 40.00 X 795148 0 21638 JEFFREY WILLIAMS ATHLETIC DIRECTOR 40.00 X 199424 0 15481 GARY GIAMARTINO DEAN, SCHOOL OF BUSINESS 40.00 X 241320 0 10157 KATHLEEN CZEKANSKI PHD DEAN, SONHS 40.00 X 186576 0 4770 MADJID TAVANA PHD PROFESSOR 40.00 X 189777 0 9485 YUSUF UGRAS PHD PROFESSOR 40.00 X 178215 0 15245 MATTHEW MCMANNESS VP, FINANCE & ADMIN 0.00 X 250562 0 0 GEORGE WALTER VP, ENROLLMENT SERVICES 40.00 X 247671 0 6921 THOMAS BRENNAN PHD ATHLETIC DIRECTOR 40.00 X 320585 0 2001 RICHARD NIGRO DIRECTOR, HONORS 40.00 X 235539 0 4262 5116691 0 281459 130 1 1 0 DANIEL J KEATING COMPANY 134 N NARBERTH AVE NARBERTH PA 19072 CONSTRUCTION 1986737 ALLEN & GERRITSEN INC 2 SEAPORT LANE BOSTON MA 02210 MARKETING 1516520 INTERSTATE BUILDING MAINTENANCE CORPORAT 508 PRUDENTIAL ROAD SUITE 100 HORSHAM PA 19044 JANITORIAL SERVICES 1311821 ALLIED BARTON SECURITY SERVICES 161 WASHINGTON ST SUITE 600 CONSHOHOCKEN PA 19428 SECURITY 920038 EPLUS TECHNOLOGY INC 13595 BULLES TECHNOLOGY DRIVE HERDON VA 201713413 IT EXPENSES 683468 39 230048 2380106 11110377 484966 13720531 TUITION & FEES 900099 147820909 147820909 RESIDENCE HALLS 900099 13123940 13123940 ACADEMIC RELATED REVENUE 900099 2273142 2273142 DINING SERVICES 900099 1417950 1417950 CAMPUS STORE 900099 143160 143160 164779101 1637837 -1385 1639222 17335 17335 1537624 785554 752070 752070 752070 40808087 5135000 36953346 6271132 3854741 -1136132 2718609 2718609 194941 230048 89029 105912 105912 ADMIN AND OTHER REVENUES 541800 4707111 22600 4684511 4707111 188438506 164779101 21215 9917659 72746537 72746537 4257251 2105060 2008371 143820 53046154 44357399 7433852 1254903 651908 510307 123331 18270 7455919 5836420 1410548 208951 4140645 3241256 783348 116041 5943703 3606955 2315458 21290 238164 238164 195855 195855 367639 367639 4858649 1272129 3454042 132478 2963204 2359650 458319 145235 1642019 992967 649052 3625807 3625807 2068436 1987282 50630 30524 368249 322060 44191 1998 6168807 6147835 20972 7305321 7305321 1603937 1367895 236042 REPAIRS, MAINTENANCE 1921263 1627738 293525 BAD DEBT EXPENSE 1431588 1431588 RENTAL EXPENSE 1214905 828850 377566 8489 BOOKS/SUBSCRIPTION 808798 803378 4749 671 2497063 1060698 1422753 13612 187521821 162105544 23319995 2096282 27736 19927 18851562 11848703 6598794 6360734 6196409 6104206 5262108 5164665 1631827 1884269 295224797 134557625 168432406 160667172 75480361 80408523 13689129 13322073 7261271 5358845 303431603 291139117 16077721 14553382 2305549 2122906 135413067 132673473 13397967 7567684 20205819 14073144 187400123 170990589 X 68731455 67926436 20473501 23138931 26826524 29083161 116031480 120148528 303431603 291139117 916685 4034565 -834202 0 X 0 1 X 1 1 1 X 15423674 11837176 10534183 10933312 13720531 62448876 15423674 11837176 10534183 10933312 13720531 62448876 1584321 60864555 3624642 3908981 3509916 3399408 3192796 17635743 3151031 3547259 3767709 4510344 4902052 19878395 99963014 884917381 0.60890 0.61880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 41700 4395708 X X 0 81634257 1408594 8865113 1106130 5670050 85131784 87982244 3049468 -2937491 967327 5492637 81634257 87350063 864311 3061318 975447 2318001 87982244 81486938 983642 8736290 893242 2963565 87350063 71684680 1046331 10461027 759419 945681 81486938 0.50000 0.50000 0 0 18125733 18125733 231517397 109687490 121829907 11879622 10282975 1596647 24961262 10194712 14766550 8740783 4392448 4348335 160667172 OTHER LIABILITIES 8479941 ADVANCES FROM FEDERAL GOVERNMENT AND STUDENT LOANS 5593203 14073144 X 121765894 4034565 396284 -71978044 -67547195 189313089 -874583 -874583 188438506 116721837 268284 -71068268 -70799984 187521821 0 187521821 PART III, LINE 4: THE LA SALLE UNIVERSITY ART MUSEUM PROVIDES AN EDUCATIONAL RESOURCE FOR LA SALLE STUDENTS, ESPECIALLY THOSE MAJORING IN ART HISTORY, AS WELL AS FOR THE COMMUNITIES IN THE SURROUNDING AREAS. THE MISSION OF THE MUSEUM IS TO FURTHER THE UNIVERSITY'S LASALLIAN EDUCATIONAL OBJECTIVES BY HELPING STUDENTS, OTHER MEMBERS OF THE UNIVERSITY COMMUNITY, AND THE GENERAL PUBLIC TO EXPERIENCE ART IN A AN INTIMATE SETTING AND TO PLACE THEM IN MEANINGFUL CONTEXTS. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 151 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE UNIVERSITY HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR UP TO 5% OF ITS FUNDS BASED ON A TRAILING 12 QUARTER AVERAGE ENDOWMENT MARKET VALUE. THE UNIVERSITY, OVER THE LONG TERM, EXPECTS THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT TO CONTINUE TO GROW. THIS IS CONSISTENT WITH THE UNIVERSITY'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF ITS ENDOWMENT ASSETS HELD IN PERPETUITY OR FOR A SPECIFIED TERM AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. PART X, LINE 2: THE UNIVERSITY HAS BEEN GRANTED TAX-EXEMPT STATUS AS A NON-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. ACCOUNTING PRINCIPALS GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES MANAGEMENT TO EVALUATE THE TAX POSITIONS TAKEN BY THE UNIVERSITY AND RECOGNIZE A TAX LIABILITY OR ASSET IF THE UNIVERSITY HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE RELEVANT TAXING AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE UNIVERSITY, AND HAS CONCLUDED THAT AS OF MAY 31, 2017 AND 2016, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR ASSET OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE UNIVERSITY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -72,746,537. INVESTMENT EXPENSES -367,639. LOSS ON SALE OF PROPERTY 1,136,132. PART XI, LINE 4B - OTHER ADJUSTMENTS: INDE OPS EXP -785,554. FUNDRAISING EXPENSE -89,029. PART XII, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES -367,639. SPECIAL EVENT EXPENSES 124,223. RENTAL EXPENSES 785,553. STUDENT FINANCIAL ASSISTANCE -72,746,537. LOSS ON SALE OF PROPERTY 1,136,132. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 LA SALLE UNIVERSITY INCLUDES THIS POLICY IN ALL DOCUMENTS, INCLUDING RESEARCH MATERIALS AND ITS WEBSITE. SCHEDULE E, PART I, LINE 6 LA SALLE UNIVERSITY RECEIVES FINANCIAL AID/ASSISTANCE FROM VARIOUS FEDERAL (U.S. DEPARTMENT OF EDUCATION) AND STATE (COMMONWEALTH OF PENNSYLVANIA) GOVERNMENTAL AGENCIES INCLUDING: PERKINS STUDENT LOAN PROGRAM, COLLEGE WORK STUDY PROGRAMS, AND THE PELL GRANT PROGRAM. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS. 5187693 EUROPE 0 0 PROGRAM SERVICES TUITION, ROOM & BOARD 129696 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES TUITION, ROOM & BOARD 12225 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES TUITION, ROOM & BOARD 10938 0 0 0 0 0 0 5340552 0 5340552 0 0 1 1 0 0 PART I, LINE 2: THE OFFICE OF ENROLLMENT SERVICES ASSISTS STUDENTS AND THEIR FAMILIES IN FINANCING THEIR LA SALLE EDUCATION THROUGH SCHOLARSHIPS, GRANTS, LOANS AND/OR ONE OF THE UNIVERSITY'S WORK PROGRAMS. AS IT PERTAINS TO THOSE STUDENTS WHO CHOOSE TO STUDY ABROAD, THEIR GRANTS ARE NOT TAKEN OUTSIDE THE US BUT APPLIED TO THEIR TOTAL LA SALLE BILL. THIS INCLUDES THE FOUNDER'S SCHOLARSHIP, MISSION GRANT, CHRISTIAN BROTHERS SCHOLARSHIP, FEDERAL SEOG GRANT AND ANY ENDOWED SCHOLARSHIP THAT IS AWARDED THROUGH STUDENT ENROLLMENT SERVICES. THESE ARE THE ONLY LA SALLE FUNDS THAT MAY BE AWARDED FOR STUDY ABROAD TUITION. AT THE END OF THE STUDENT'S STUDY ABROAD EXPERIENCE, THE OFFICE OF ENROLLMENT SERVICES WILL MONITOR THE STUDENTS GRADES TO ENSURE THAT THEY DID ATTEND THE STUDY ABROAD INSTITUTION. BECAUSE GRANTS ARE NOT TAKEN OUTSIDE THE US, BUT INSTEAD APPLIED TO THE STUDENT'S LA SALLE BILL, ALL GRANTS ARE SHOWN ON SCHEDULE I. PRESIDENT'S CUP 213145 25201 187944 76462 5577 CHARTER DINNER 211844 204847 6997 5290 1700 424989 230048 194941 81752 7277 89029 105912 1 MERIT SCHOLARSHIPS & NEED-BASED 3274 69004974 FEDERAL WORK STUDY 369 123084 DISCRETIONARY AND OTHER AID 861 3013442 PART I, LINE 2: LA SALLE UNIVERSITY MAINTAINS RECORDS TO QUANTIFY THE DOLLAR AMOUNT OF THE STUDENT FINANCIAL ASSISTANCE AWARDED, THE NUMBER OF RECIPIENTS PER GRANT/SCHOLARSHIP, AND THE SELECTION CRITERIA. X 1 0 X X X X X 1 0 0 0 0 0 0 1 0 COLLEEN M HANYCZ PHD PRESIDENT 391592 0 10750 0 0 0 5300 0 104434 0 512076 0 0 0 AMY BOSIO VP, FINANCE & ADMIN 222907 0 0 0 163200 0 4448 0 8336 0 398891 0 0 0 KEVIN DOLAN ESQ VICE PRESIDENT, GEN'L COUNSEL 245576 0 30000 0 0 0 0 0 8427 0 284003 0 0 0 BRIAN GOLDSTEIN PHD VP, ACADEMIC AFFAIRS 275874 0 0 0 0 0 5300 0 13248 0 294422 0 0 0 THOMAS F DELAHUNT VP, ENROLLMENT SERVICES 148872 0 0 0 0 0 2875 0 7994 0 159741 0 0 0 CATHLEEN PARSONS-NIKOLIC VP, UNIVERSITY ADVANCEMENT 272589 0 0 0 9750 0 5300 0 0 0 287639 0 0 0 JAMES MOORE PHD VP, STUDENT AFFAIRS 138974 0 0 0 7250 0 2749 0 7051 0 156024 0 0 0 WILLIAM BRADSHAW ATHLETIC DIRECTOR 189214 0 0 0 0 0 3491 0 813 0 193518 0 0 0 JOHN GIANNINI PHD ATHLETIC DIRECTOR 785398 0 0 0 9750 0 7841 0 13797 0 816786 0 0 0 JEFFREY WILLIAMS ATHLETIC DIRECTOR 190774 0 0 0 8650 0 2233 0 13248 0 214905 0 0 0 GARY GIAMARTINO DEAN, SCHOOL OF BUSINESS 241320 0 0 0 0 0 4801 0 5356 0 251477 0 0 0 KATHLEEN CZEKANSKI PHD DEAN, SONHS 186176 0 0 0 400 0 3481 0 1289 0 191346 0 0 0 MADJID TAVANA PHD PROFESSOR 189377 0 0 0 400 0 3166 0 6319 0 199262 0 0 0 YUSUF UGRAS PHD PROFESSOR 177815 0 0 0 400 0 3219 0 12026 0 193460 0 0 0 MATTHEW MCMANNESS VP, FINANCE & ADMIN 0 0 0 0 250562 0 0 0 0 0 250562 0 0 0 GEORGE WALTER VP, ENROLLMENT SERVICES 32919 0 0 0 214752 0 672 0 6249 0 254592 0 0 0 THOMAS BRENNAN PHD ATHLETIC DIRECTOR 109311 0 17500 0 193774 0 2001 0 0 0 322586 0 0 0 RICHARD NIGRO DIRECTOR, HONORS 100360 0 0 0 135179 0 1989 0 2273 0 239801 0 0 0 PART I, LINE 1A COLLEEN M. HANYCZ - HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - THE LODGING IS A CONDITION OF EMPLOYMENT FURNISHED FOR THE CONVENIENCE OF THE UNIVERSITY. THE UNIVERSITY'S PRESIDENT PERFORMS A SIGNIFICANT PORTION OF HER DUTIES ON UNIVERSITY BUSINESS AS THE RESIDENCE. LODGING IS INCLUDED IN THE PRESIDENT'S EMPLOYMENT CONTRACT. PART I, LINE 4A THE FOLLOWING OFFICERS AND KEY EMPLOYEES RECEIVED SEVERANCE WHICH WAS INCLUDED IN THEIR COMPENSATION: MATTHEW S. MCMANNESS $250,562 THOMAS BRENNAN $186,524 GEORGE WALTER $214,752 RICHARD NIGRO $125,429 AMY BOSIO $163,200 PART I, LINE 7 THE FOLLOWING EMPLOYEES RECEIVED A BONUS WHICH WAS INCLUDED IN THEIR TAXABLE COMPENSATION: KEVIN DOLAN $30,000.00 THOMAS BRENNAN $17,500.00 JOSEPH MCPEAK $7,836.00 THE ABOVE BONUSES WERE BASED ON PERFORMANCE ESTABLISHED IN CONTRACTS AND NOT RELATED TO REVENUES OR EARNINGS OF THE UNIVERSITY. A PA HIGHER ED FACILITIES AUTHOIRTY 2012 232243852 70917XXXX 2012-09-12 94975000 CONSTRUCTION/REFUND PRIOR ISSUE 0 0 0 B PA HIGHER ED FACILITIES AUTHORITY 2007A 232243852 70917RNN1 2007-10-01 52875000 CONSTRUCTION/REFUND PRIOR ISSUE 0 0 0 A 110269657 3001225 1270025 20913343 2017 1 1 1 1 B 53918728 4134278 35931466 614479 13129261 2009 1 0 1 1 A 0 0 0 0 0 1 0.06280 0 1 B 0 1 0 0 0.00170 0.00900 0.01070 0 1 0.03550 0 1 A 0 1 0 0 0 0 0 0 1 B 1 0 0 0 0 1 A 1 B 1 X 24 41700 THIRD PARTY FMV X 47 315266 FMV X CONSTRUCTION MATERIALS 1 128000 INVOICE 10 0 1 0 PART I, COLUMN (B): NUMBER OF ITEMS. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE BOARD CHAIR (WHO SHALL SERVE AS CHAIR OF THE EXECUTIVE COMMITTEE), THE VICE-CHAIRS, THE PRESIDENT, THE BROTHER VISITOR OF DENA, AND THE CHAIRS OF ALL OF THE STANDING COMMITTEES. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE, WHEN THE BOARD IS NOT IN SESSION, ALL OF THE POWERS OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE UNIVERSITY, EXCEPT THAT THE EXECUTIVE COMMITTEE MAY NOT GRANT OR CONFER DEGREES, NOR MAKE REMOVALS FROM OFFICE, NOR INCUR ANY INDEBTEDNESS UNLESS PREVIOUSLY AUTHORIZED TO DO SO BY THE BOARD. DURING THE INTERVAL BETWEEN MEETINGS OF THE BOARD, ALL COMMITTEES SHALL REPORT TO THE EXECUTIVE COMMITTEE SUCH MATTERS WHICH THEY DEEM NECESSARY AND SHALL PERFORM SUCH OTHER FUNCTIONS AS REQUESTED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE PROCESS OF REVIEWING LA SALLE UNIVERSITY'S 990 RETURN INTERNALLY IS THOROUGH AND COMPLETE. THE FIRST STEP IN THE PROCESS REQUIRES THE FINANCIAL AUDIT TO BE SUBSTANTIALLY COMPLETE, AND THEN THE APPROPRIATE PERSONS AT THE UNIVERSITY ARE CONTACTED SO THEY MAY BEGIN PREPARING THEIR RESPECTIVE SECTIONS OF THE 990. THE DATA IS THEN GATHERED AND ENTERED INTO THE 990 AND SUPPORTING SCHEDULES. UPON COMPLETION OF THE 990, BY THE DIRECTOR OF FINANCE AND ACCOUNTING, THE 990 ALONG WITH ALL SUPPORTING SCHEDULES ARE SENT TO THE INDEPENDENT ACCOUNTANTS. ONCE REVIEWED BY THE INDEPENDENT ACCOUNTANTS, AND ANY QUESTIONS ANSWERED OR SUPPORT PROVIDED, IT IS SENT BACK TO THE UNIVERSITY FOR FINAL REVIEW AND PRESENTATION TO THE UNIVERSITY'S FINANCE AND AUDIT COMMITTEE. LASTLY, THE FINAL VERSION WILL BE SENT TO THE VICE-PRESIDENT FOR FINANCE AND ADMINISTRATION FOR APPROVAL AND SIGNATURE. THE FORM 990 IS PROVIDED TO THE GOVERNING BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS WRITTEN CONFLICT OF INTEREST POLICY. THE UNIVERSITY REQUIRES THAT ALL BOARD MEMBERS ANNUALLY SIGN A CONFLICT-OF-INTEREST STATEMENT. THIS STATEMENT PLACES THE RESPONSIBILITY OF EXPECTATION ON EACH MEMBER THAT HE/SHE MUST ALWAYS ACT IN THE BEST INTERESTS OF THE UNIVERSITY AND REFRAIN FROM ACTIONS THAT WOULD BE TO THE SOLE BENEFIT OF THE MEMBER AT THE EXPENSE OF LA SALLE UNIVERSITY. REGARDING THE UNIVERSITY'S STAFF AND EMPLOYEES, THERE IS ON-GOING TRAINING CONDUCTED BY VARIOUS DEPARTMENTS. THE INTENT OF THIS TRAINING IS TO HAVE EMPLOYEES UNDERSTAND AND EMBRACE THE "LA SALLIAN" VIRTUES AND CODES OF CONDUCT FOR ALL EMPLOYEES. THE CONFLICT OF INTEREST POLICY APPLIES TO MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS, KEY EMPLOYEES, AND STAFF OF THE UNIVERSITY. IT IS ALSO INTENDED TO SERVE AS A GUIDE FOR ALL EMPLOYEES OF LA SALLE. DISCLOSURES BY BOARD MEMBERS ARE DIRECTED TO THE BOARD CHAIR INCLUDING ANY DISCLOSURES BY THE PRESIDENT. ALL OTHER EMPLOYEES ARE TO DISCLOSE ANY CONFLICTS OR POTENTIAL CONFLICTS TO THE OFFICER OF THEIR RESPECTIVE DIVISION. ANY SUCH DISCLOSURE SHOULD THEN BE FORWARDED TO HUMAN RESOURCES FOR INCLUSION IN THE EMPLOYEE'S PERSONNEL FILE. ANY PERSON UNSURE OF A CONFLICT MAY REQUEST AN OFFICER TO WEIGH IN ON THE MATTER TO ASCERTAIN WHETHER OR NOT A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THERE IS A COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES WHICH REVIEWS THE COMPENSATION OF THE PRESIDENT AND CERTAIN SENIOR UNIVERSITY EXECUTIVES. BEGINNING IN 2009, THE BOARD ENGAGED AN OUTSIDE CONSULTANT TO ADVISE ON EXECUTIVE COMPENSATION GOING FORWARD. THE PROCESS UTILIZES CUSTOMIZED REGIONAL AND NATIONAL SALARY SURVEY DATA, COMPLIES WITH ALL IRS AND OTHER REQUIREMENTS FOR INDEPENDENCE, ACCOUNTABILITY, DISCLOSURE, AND DOCUMENTATION. CONSEQUENTLY, OUR EXECUTIVES ARE COMPENSATED COMPETITIVELY AND OUR TRUSTEES ARE SECURE IN KNOWING THAT ALL REGULATORY REQUIREMENTS HAVE BEEN MET. THE CONSULTANT WILL THEN PRESENT ITS FINDINGS AND RECOMMENDATIONS BACK TO THE LA SALLE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. AT THIS POINT, THERE WOULD BE DELIBERATION ON ANY RECOMMENDATIONS AND THE BOARD WILL ALSO TAKE INTO ACCOUNT ANY OTHER RELEVANT INFORMATION AND FACTORS IN DETERMINING THE REASONABLENESS OF EXECUTIVE COMPENSATION. THIS PROCESS LAST OCCURRED FOR THE PRESIDENT IN 2015, AND FOR ALL OTHER OFFICERS AND KEY EMPLOYEES IN 2016. FORM 990, PART VI, SECTION C, LINE 19 LA SALLE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS AND IRS FORM 990 ARE MADE AVAILABLE UPON REQUEST. COIN CRI CLUB 20TH OLNEY AVENUE PHILADELPHIA PA 19141 232075569 HOLDS LICENSE PA 501(C)(3) 11C N/A 1 EMMET CORPORATION 1900 WEST OLNEY AVENUE PHILADELPHIA PA 19140 463317692 CHARITABLE PA 501(C)(3) 7 LA SALLE 1 LA SALLE UNIVERSITY - PIF (2) 1900 WEST OLNEY AVENUE PHILADELPHIA PA 19141 236835551 PIF PA T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0