2017-02-13T14:16:28-06:00 2016-06-30 BKD LLP 211 N BROADWAY SUITE 600 ST LOUIS MO 631022733 990 2015-07-01 430652675 St Louis College of Pharmacy % HEATHER FLABIANO STLO 3143678700 4588 Parkview Place St Louis MO 631101088 DR JOHN A PIEPER PRESIDENT 2017-02-06 true Donna J Larson P00043751 3142315544 2017-02-02 2015 2021-01-29 14:40:06Z DR JOHN A PIEPER 4588 PARKVIEW PL ST LOUIS MO 631101088 115089789 false X WWW.STLCOP.EDU X 1864 MO INSTITUTION COMBINING LIBERAL ARTS AND SCIENCES WITH A PROFESSIONAL PROGRAM LEADING TO A DOCTOR OF PHARMACY (PHARM.D.) WITH AN INTEGRATED BACHELOR OF SCIENCE (B.S.). 20 20 805 21 -76182 -78882 3269383 3836767 43262065 46349226 7134072 2840695 84406 145932 53749926 53172620 6419445 8542008 0 0 24631431 26062157 0 0 1304521 17755083 19839027 48805959 54443192 4943967 -1270572 254012957 282988998 99224054 132999906 154788903 149989092 X ST. LOUIS COLLEGE OF PHARMACY IS A SUPPORTIVE AND ENRICHING ENVIRONMENT FOR GROWTH, ADVANCEMENT, AND LEADERSHIP AND PREPARES OUR STUDENTS, RESIDENTS, FACULTY, STAFF, AND ALUMNI TO POSITIVELY IMPACT PATIENTS AND SOCIETY. THE COLLEGE'S VISION IS TO BE GLOBALLY PROMINENT IN PHARMACY AND HEALTH CARE EDUCATION, INTERPROFESSIONAL PATIENT-CENTERED CARE, AND COLLABORATIVE RESEARCH. false false 39562533 8436498 42950705 STUDENT EDUCATION: PROVIDE CURRICULUM THAT COMBINES LIBERAL ARTS AND SCIENCES WITH A PROFESSIONAL PROGRAM LEADING TO A DOCTOR OF PHARMACY (PHARM.D.) WITH AN INTEGRATED BACHELOR OF SCIENCE (B.S.). NUMBER OF PERSONS ENROLLED AS OF FALL 2015: 1,389. 5122967 105510 3087643 STUDENT HOUSING AND PARKING: PROVIDE ROOM AND BOARD FOR STUDENTS OF THE COLLEGE. NUMBER OF PERSONS HOUSED ON CAMPUS AS OF FALL 2015 WAS 244. ALSO INCLUDES THE MANAGEMENT OF 919 COLLEGE CONTROLLED PARKING SPACES. 3148159 310878 OTHER NON-OPERATING ACTIVITIES 47833659 true true false false false false false true false true true true false true true true true false true false true false false false false false false false true true true false false false false false false false false false false true false false false false true true true false false true X 1783 0 true 805 true true true true CJ UK false false false false false false false false X 20 20 false false false false false false false true true false false true true true true true true true false false X HEATHER FLABIANO 3143678700 4588 PARKVIEW PLACE ST LOUIS MO 631101088 X JOSEPH FLEISHAKER BOARD CHAIR 1.0 0.0 X X 0 0 0 KEVIN COLGAN SENIOR VICE CHAIR 1.0 0.0 X X 0 0 0 PAUL BEAHM VICE CHAIR 1.0 0.0 X X 0 0 0 RICHARD ANDERSON TREASURER 1.0 0.0 X X 0 0 0 TODD EVERS SECRETARY 1.0 0.0 X X 0 0 0 STEPHEN CALLOWAY TRUSTEE 1.0 0.0 X 0 0 0 CATHERINE GOETZ TRUSTEE 1.0 0.0 X 0 0 0 ELAINE HAYNES TRUSTEE 1.0 0.0 X 0 0 0 JAMES BUFORD TRUSTEE 1.0 0.0 X 0 0 0 JERRY CALLAHAN TRUSTEE 1.0 0.0 X 0 0 0 FRANKIE EICHENBERGER TRUSTEE 1.0 0.0 X 0 0 0 RENATO CATALDO TRUSTEE 1.0 0.0 X 0 0 0 CHRISTINE HOUSTON TRUSTEE 1.0 0.0 X 0 0 0 MAZEN DARWAZAH TRUSTEE 1.0 0.0 X 0 0 0 KENDRA HOLMES TRUSTEE 1.0 0.0 X 0 0 0 JOHN CANTLIN TRUSTEE 1.0 0.0 X 0 0 0 ARTHUR CULBERT TRUSTEE 1.0 0.0 X 0 0 0 JOANNE LEVY TRUSTEE 1.0 0.0 X 0 0 0 DARRYL MUNDEN TRUSTEE 1.0 0.0 X 0 0 0 RICHARD LIEKWEG TRUSTEE 1.0 0.0 X 0 0 0 JAMES SANGER TRUSTEE 1.0 0.0 X 0 0 0 BRUCE CANADAY DEAN OF PHARMACY 40.0 0.0 X 264072 0 34611 KIMBERLY KILGORE DEAN OF ARTS AND SCIENCES 40.0 0.0 X 189933 0 27782 GARY TORRENCE FORMER VP, FINANCE & CFO 40.0 0.0 X 125725 0 1733 HEATHER FLABIANO VP, FINANCE & CFO 40.0 0.0 X 106004 0 14434 JOHN PIEPER PRESIDENT 40.0 0.0 X 454752 0 54227 TRICIA BERRY PROF/CHAIR, PHARMACY PRACTICE 40.0 0.0 X 170307 0 14276 ANTOINETTE MCMURPHY VP, CULTURE AND CAMPUS LIFE 40.0 0.0 X 206723 0 23153 BRENDA GLEASON PROF/ASSOC DEAN - ACAD AFFAIRS 40.0 0.0 X 173014 0 26359 PETER HURD PROF/CHAIR, PHARMACY ADMIN 40.0 0.0 X 172009 0 23663 SCOTT MICEK ASSOC PROF, PHARMACY PRACTICE 40.0 0.0 X 198683 0 27792 2061222 0 248030 68 false true false PARIC CORPORATION PO BOX 790100 ST LOUIS MO 63179 GENERAL CONTRACTOR 26672949 KAI DESIGN BUILD 2060 CRAIGSHIRE RD ST LOUIS MO 63146 ARCHITECTURE/DESIGN 2007148 FORUM STUDIO 2199 INNERBELT BUSINESS CENTER DR ST LOUIS MO 63114 ARCHITECTURE/DESIGN 1948151 PEDESTAL FOODS 15480 CLAYTON RD SUITE 301 BALLWIN MO 63011 FOOD SERVICES 803532 ALLIED BARTON SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 19182 SECURITY SERVICES 606032 16 543407 3293360 308542 3836767 TUITION & HOUSING 611600 46349226 46349226 46349226 3571643 -76182 3495461 0 0 0 0 0 61186221 61917169 -730948 -730948 -730948 0 0 0 STUDENT ACTIVITY FUND 900099 10000 10000 PROFESSIONAL PROGRAM FEE 611710 5820 5820 VENDING MACHINGES 722515 5931 5931 124181 124181 145932 53172620 46349226 -76182 2910445 0 8542008 8542008 0 0 1086051 437392 648659 0 19454503 17232996 1596758 624749 1355723 1190473 118779 46471 2762480 2470866 197250 94364 1403400 1222223 138353 42824 0 38893 38893 255398 255398 0 0 1518632 1518632 1771997 1718323 53674 0 1221749 1134058 44095 43596 890650 872263 10254 8133 0 895393 877956 11011 6426 0 0 538645 412981 74946 50718 4228511 4177226 51285 0 3617722 3577679 40043 232513 226498 4010 2005 SPECIAL EVENTS 1422365 1062668 74047 285650 DUES, SUBSCRIPTIONS, BOOKS 311336 191458 108999 10879 FOOD DORMITORY 646243 646243 0 0 LEASE AND RENTAL EXPENSES 781341 750141 0 31200 1467639 1090207 373600 3832 54443192 47833659 5305012 1304521 3241772 2518378 3896934 10603788 364562 2149919 627268 1030626 0 0 0 0 0 0 0 0 590665 744200 142521837 33834772 87524852 108687065 85408470 93760575 59610157 35062075 5534089 5582354 0 0 7214188 22850018 254012957 282988998 4168545 3769567 0 0 1962648 2398694 86466602 119725256 0 0 0 0 5973014 6279146 0 0 653245 827243 99224054 132999906 X 134271438 129125448 11304971 11467934 9212494 9395710 154788903 149989092 254012957 282988998 X -1270572 -3417960 -111279 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 64000 X X X false 146603430 325503 -561292 8586258 137781383 145825047 238577 3707384 3167578 146603430 127623652 257342 19021987 1077934 145825047 114141674 1374633 13150819 1043474 127623652 111546374 2512662 1090625 0 1007987 0 114141674 0.89300 0.05400 0.05300 false false 2622399 2622399 104791285 20557881 84233404 1389248 1389248 0 15117251 9631524 5485727 18601654 2256119 16345535 108687065 ALTERNATE STRATEGIES 27032386 F REAL ESTATE 8029689 F 35062075 ASSETS LIMITED AS TO USE 19762817 ASSETS HELD BY TRUSTEE 617560 DEFERRED BOND ISSUANCE COSTS 0 OTHER RECEIVABLES 427142 OTHER 60384 INTEREST IN OJ CLOUGHLY 1982115 22850018 0 FUNDS HELD FOR OTHERS 284757 PAYABLE TO ANNUITANTS 131362 DEFERRED COMPENSATION 278767 DEFERRED LEASE LIABILITY 132357 827243 X 39899872 -3417960 39190 -3378770 43278642 1523302 8370676 9893978 53172620 44699683 16111 16111 44683572 1523302 8236318 9759620 54443192 SCHEDULE D, PART III, LINE 4 THE MORTAR AND PESTLE COLLECTIONS HAVE BEEN DISPLAYED IN THE COLLEGE'S LOBBY AND LIBRARY. THE ITEMS PRESERVE THE HISTORY OF THE PHARMACY PROFESSION FOR FUTURE GENERATIONS. SCHEDULE D, PART V, LINE 4 TO SUPPORT THE MISSION OF THE ST. LOUIS COLLEGE OF PHARMACY. SCHEDULE D, PART X, LINE 2 FIN 48 DISCLOSURE The College is exempt from income taxes under Section 501 of the Internal Revenue Code and a similar provision of state law. However, the College is subject to federal income tax on any unrelated business taxable income. The College files income tax returns in the U.S. federal jurisdiction and the state of Missouri. The College believes it has taken no significant uncertain tax positions. Generally, the College is no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2013. SCHEDULE D, PART XI, LINE 2D RECONCILIATION OF REVENUE PER AUDITED FIN STMTS WITH REVENUE PER RETURN RECLASSIFICATION OF EXPENSE $ 16,111 FEDERAL LOAN PROGRAM $ 23,079 ------------ TOTAL $ 39,190 SCHEDULE D, PART XI, LINE 4B RECONCILIATION OF REVENUE PER AUDITED FIN STMTS WITH REVENUE PER RETURN CHANGE IN SPLIT INTEREST AGREEMENTS $ 5,070 TUITION DISCOUNTS/SCHOLARSHIPS RECLASSED TO FUNCTIONAL EXPENSE $ 8,236,318 CHANGE IN INTEREST IN O.J. CLOUGHLY $ 128,025 NET CHANGE IN CASH SURRENDER VALUE $ 1,263 ------------ TOTAL $ 8,370,676 SCHEDULE D, PART XII, LINE 2D RECONCILIATION OF EXPENSE PER AUDITED FIN STMTS WITH EXPENSES PER RETURN RECLASSIFICATION OF EXPENSE $ 16,111 SCHEDULE D, PART XII, LINE 4B RECONCILIATION OF EXPENSE PER AUDITED FIN STMTS WITH EXPENSES PER RETURN TUITION DISCOUNTS/SCHOLARSHIPS RECLASSED TO FUNCTIONAL EXPENSE $ 8,236,318 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 THE COLLEGE POLICY OF RACIAL NONDISCRIMINATION IS PUBLISHED IN ALL ADMISSIONS CATALOGS AND MATERIALS. IT IS ALSO MADE AVAILABLE TO ALL PROSPECTIVE STUDENTS ON THE COLLEGE WEBSITE. SCHEDULE E, PART I, LINE 6A THE ORGANIZATION RECEIVES FINANCIAL AID OR ASSISTANCE FROM THE DEPARTMENT OF EDUCATION HIGHER EDUCATION PROGRAMS. Central America and the Caribbean PASSIVE INVESTMENTS 17894826 Central America and the Caribbean PASSIVE INVESTMENTS 156894 Europe (Including Iceland and Greenland) PASSIVE INVESTMENTS 1004803 19056523 19056523 true false true true true false SCHEDULE F, PART I, LINE 3 FOREIGN INVESTMENT BALANCE ST. LOUIS COLLEGE OF PHARMACY HAD THE FOLLOWING FOREIGN INVESTMENT BALANCES FOR THE YEAR: BLACKSTONE PARTNERS OFFSHORE FUND LTD $ 7,183,558 MAGNITUDE INTERNATIONAL 6,198,153 57 STARS GLOBAL OPPORTUNITY FUND 3 1,238,585 BLUE MOUNTAIN CREDIT ALTERNATIVES FUND LTD. 3,274,530 FOREIGN INVESTMENT FEES 156,894 ----------- TOTAL CENTRAL AMERICA/CARIBBEAN INVESTMENTS $ 18,051,720 PGSF IV FEEDER, LP $ 1,004,803 ----------- TOTAL EUROPE INVESTMENTS $ 1,004,803 true AMBASSADOR SCHOLARSHIP 30 29500 ATHLETIC SCHOLARSHIP 99 260657 COLLEGE CONTRIBUTION-C/W/S 270 57021 COLLEGE CONTRIBUTION-SEOG 105 45020 COLLEGE SPONSORED SCHOLARSHIPS - MISC 253 881256 GRADUATE AWARDS 258 1170000 NEED BASED GRANTS 122 270506 PRESIDENT'S SPECIAL MERIT AWARD 166 999577 SEOG 105 180083 TUITION/ROOM/BOARD REMISSION 10 105510 UNDERGRADUATE AWARDS 536 4518878 WALGREENS SCHOLARSHIP 20 24000 SCHEDULE I, PART I, LINE 2 THE STUDENT GRANTS AND AWARDS ARE FINANCIAL AID FUNDS WHICH THE FINANCIAL AID OFFICE HAS DETERMINED EACH STUDENT WAS ELIGIBLE TO RECEIVE. THE BUSINESS OFFICE REVIEWS THEIR LIST, PRIOR TO ENTERING THE AWARDS DIRECTLY ON EACH STUDENT'S TUITION ACCOUNT, AS PAYMENT. FINANCIAL AID OFFICE IS PROVIDED MONTHLY REPORTS AS THESE AWARDS ARE EXPENSED OUT OF THE FINANCIAL AID BUDGET. STUDENTS ARE AWARE OF THESE AWARDS THROUGH VARIOUS PUBLICATIONS. STUDENTS HAVE DIRECT ACCESS TO ALL DETAILS OF THEIR TUITION ACCOUNT. X X X true true X X X false false false false false false false true false BRUCE CANADAY DEAN OF PHARMACY 241288 0 20825 0 1959 0 19894 0 14717 0 298683 0 KIMBERLY KILGORE DEAN OF ARTS AND SCIENCES 176110 0 13000 0 823 0 14358 0 13424 0 217715 0 JOHN PIEPER PRESIDENT 377322 0 55135 0 22295 0 38741 0 15486 0 508979 0 TRICIA BERRY PROF/CHAIR, PHARMACY PRACTICE 169991 0 0 0 316 0 13638 0 638 0 184583 0 ANTOINETTE MCMURPHY VP, CULTURE AND CAMPUS LIFE 186127 0 13905 0 6691 0 14418 0 8735 0 229876 0 BRENDA GLEASON PROF/ASSOC DEAN - ACAD AFFAIRS 172742 0 0 0 272 0 14294 0 12065 0 199373 0 PETER HURD PROF/CHAIR, PHARMACY ADMIN 170950 0 0 0 1059 0 13861 0 9802 0 195672 0 SCOTT MICEK ASSOC PROF, PHARMACY PRACTICE 198567 0 0 0 116 0 11742 0 16050 0 226475 0 SCHEDULE J, PART I, LINE 1A DR. JOHN A. PIEPER, THE PRESIDENT, RECEIVED HEALTH/SOCIAL CLUB MEMBERSHIPS, A HOUSING ALLOWANCE, AS WELL AS TAX GROSS UP PAYMENTS. THE PRESIDENT PAID THE COLLEGE FOR HIS PERSONAL USE OF THE HEALTH/SOCIAL CLUB MEMBERSHIPS. THE PERSONAL USE OF THE HEALTH/SOCIAL CLUB MEMBERSHIP DUES, THE HOUSING ALLOWANCE, AND THE TAX GROSS UP PAYMENTS WERE INCLUDED AS TAXABLE COMPENSATION. SCHEDULE J, PART I, LINE 7 EACH INDIVIDUAL'S BONUS IS BASED UPON THE COLLEGE'S PERFORMANCE AND THE INDIVIDUAL'S PERFORMANCE COMPARED TO THEIR ANNUAL GOALS. THE BONUSES ARE APPROVED BY THE BOARD. THE FOLLOWING INDIVIDUALS RECEIVED THE NON-FIXED PAYMENT: JOHN PIEPER, KIMBERLY KILGORE, BRUCE CANADAY, AND ANTOINETTE MCMURPHY. A HLTH & ED FACILITIES AUTHORITY OF THE STATE OF MO 431178966 60636AFY4 2013-11-15 78293770 SEE PART VI false false false B HTLH & ED FACILITIES AUTHORITY OF THE STATE OF MO 431178966 2014-11-14 12090000 SEE PART VI false false false C HLTH & ED FACILITIES AUTHORITY OF THE STATE OF MO 431178966 60636AMH3 2015-09-30 41871192 SEE PART VI false false false A 4910000 0 78362189 0 4525268 0 796623 0 0 50496862 22543436 0 2015 true false true true B 0 0 12090000 0 0 0 207514 0 0 0 11882486 0 2003 true false true true C 0 0 41882341 0 710538 0 578524 0 0 15149879 0 25443400 false false false true A false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true B 0 C false false false false 0.00000 0.00000 0.00000 false false false true A false true false true false false 0 false 0 false true B false true true false true false 0 false 0 false true C false true false false false false 0 false 0 false true A true B true C true PART I, LINE A, COLUMN F PROCEEDS OF THE SERIES 2013 BONDS WERE USED (A) TO CURRENT REFUND THE SERIES 2006 BONDS ISSUED 2/24/2006 AND (B) TO CONSTRUCT A NEW ACADEMIC BUILDING. PART I, LINE B, COLUMN F PROCEEDS OF THE SERIES 2014 BONDS WERE USED TO CURRENT REFUND THE SERIES 2006 BONDS ISSUED 2/24/2006. PART I, LINE C, COLUMN F PROCEEDS OF THE SERIES 2015 BONDS ARE BEING USED FOR THE CONSTRUCTION OF A NEW SEVEN-STORY BUILDING EXPECTED ON THE CAMPUS OF ST. LOUIS COLLEGE OF PHARMACY. PART II, LINE 13, COLUMN C THE PROJECT FINANCED WITH THE SERIES 2015 BONDS HAS NOT BEEN PLACED IN SERVICE AS OF 6/30/2016. PART III, COLUMN B PROCEEDS OF THE SERIES 2014 BONDS WERE USED TO REFUND SERIES 2006 BONDS. PROCEEDS OF THE SERIES 2006 BONDS WERE USED TO REFUND SERIES 2001 BONDS, WHICH FINANCED NEW MONEY PROJECTS AND WERE ISSUED PRIOR TO 1/1/2003. ACCORDINGLY, IN PART III, COLUMN B, ST. LOUIS COLLEGE OF PHARMACY IS NOT REQUIRED TO REPORT ON THE PROJECTS REFINANCED BY THE SERIES 2014 BONDS. X 12 322386 FMV false true false SCHEDULE M, PART I, LINE 1(9)(B) THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE STAFF MEMBERS THAT PROVIDE INFORMATION TO THE OUTSIDE PREPARER CONDUCT A THOROUGH REVIEW OF A DRAFT OF THE RETURN. THE FINAL VERSION IS REVIEWED BY THE FINANCE COMMITTEE. THE RETURN IS ALSO FORWARDED TO THE BOARD MEMBERS FOR REVIEW BEFORE FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICT. FACULTY AND STAFF ARE INSTRUCTED PER COLLEGE POLICY TO DISCLOSE CONFLICTS OF INTEREST AS THEY ARISE. ALL CONFLICTS OF INTEREST ARE REVIEWED BY THE FACULTY GOVERNANCE COMMITTEE, THE DIRECTOR OF HUMAN RESOURCES, AND THE BOARD OF TRUSTEES. ALL PERSONS ARE INSTRUCTED TO REFRAIN FROM ACTIVITIES THAT GIVE RISE TO CONFLICT. ALL CONTRACTS AND PURCHASES IN EXCESS OF $2,500 REQUIRE APPROVAL OF THE CFO. THE PRESIDENT'S AND GENERAL COUNSEL'S APPROVALS ARE REQUIRED FOR CONTRACTS VALUED AT $10,000 OR MORE. FORM 990, PART VI, SECTION B, LINE 15A SALARY INFORMATION FOR PRESIDENTS OF SIMILAR SIZED COLLEGES AND FORMS 990 WERE PROVIDED BY A RECRUITING FIRM DURING THE INITIAL HIRING PROCESS. COMPENSATION CHANGES SINCE THE INITIAL HIRING OCCURRED ON AN ANNUAL BASIS, INCLUDING A REVIEW OF THE PRESIDENT'S PERFORMANCE RATING BY THE BOARD. BONUSES WERE BASED ON CONTRACT TERMS AND THE PRESIDENT'S PERFORMANCE AS COMPARED TO OBJECTIVES. THE BOARD OF TRUSTEES MEETS IN OCTOBER TO APPROVE CHANGES TO COMPENSATION. THE CHAIRPERSON MEETS WITH THE PRESIDENT TO DISCUSS PAST GOALS, NEW GOALS, AND SALARY ADJUSTMENTS. THE LATEST CONTRACT WITH THE PRESIDENT WENT INTO EFFECT AS OF JULY 1, 2015. AT THIS TIME, THE BOARD ALSO REVIEWED THE COMPENSATION INFORMATION OF FORMS 990 OF SIMILARLY SIZED COLLEGES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS CHANGE IN CASH SURRENDER VALUE $ (1,263) NET CHANGE IN CONTRIBUTION TO FEDERAL LOAN PROGRAM $ 23,079 CHANGE IN SPLIT INTEREST AGREEMENT $ (5,070) CHANGE IN INTEREST IN NET ASSETS OF O.J. CLOUGHLY $ (128,025) ---------- TOTAL OTHER CHANGES IN NET ASSETS $(111,279) OJ CLOUGHLY EDUCATION FOUNDATION 135 S LASALLE ST IL4-135-14-19 CHICAGO IL 60603 436110578 FOUNDATION IL 501(C)(3) PF STLCOP true CHARITABLE REMAINDER TRUST 4588 PARKVIEW PLACE ST LOUIS MO 631101088 REMAINDER TRUST MO STL COP TRUST 1.00000 true false false true false false false false false false false false false false false false false false false false OJ CLOUGHLY EDUCATION FOUNDATION C 73854 FMV