2017-01-09T10:32:46-06:00 2016-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2015-07-01 410698301 COLLEGE OF ST SCHOLASTICA INC COLL 8004475444 1200 KENWOOD AVENUE DULUTH MN 558114199 SUSAN KERRY VP FOR FINANCE 8004475444 2017-01-09 1 DEIRDRE HODGSON P01484710 6123764500 2015 2021-01-29 14:40:06Z COLETTE MCCARRIK GEARY 1200 KENWOOD AVENUE DULUTH MN 558114199 120860349 0 X WWW.CSS.EDU X 1962 MN PROVIDE INTELLECTUAL AND MORAL PREPARATION FOR RESPONSIBLE LIVING AND MEANINGFUL WORK. 26 25 2021 200 60737 -35710 10049243 10912889 100804841 101363104 11762106 1764773 1003162 974498 123619352 115015264 35702500 40550272 0 0 46946758 45986414 117377 75412 1595000 25419434 24568708 108186069 111180806 15433283 3834458 168795309 169667460 70414427 69901932 98380882 99765528 X SHAPED BY THE CATHOLIC BENEDICTINE HERITAGE, THE COLLEGE OF ST. SCHOLASTICA PROVIDES INTELLECTUAL AND MORAL PREPARATION FOR RESPONSIBLE LIVING AND MEANINGFUL WORK. IN CONJUNCTION WITH THIS MISSION STATEMENT, THE COLLEGE'S VISION STATEMENT IS AS FOLLOWS: THE COLLEGE OF ST. SCHOLASTICA WILL BE WIDELY REGARDED AS AN ACADEMIC COMMUNITY GROUNDED IN THE RICH BENEDICTINE HERITAGE AND SENDING FORTH THOUGHTFUL LEADERS, SHARPENED AND SENSITIZED BY THE LIBERAL ARTS, WHO ARE COMMITTED TO SERVE AND TO TRANSFORM THE WORLD. 0 0 69732048 39048675 92581336 INSTRUCTION: THE COLLEGE OF ST. SCHOLASTICA PREPARES ITS STUDENTS FOR A LIFE OF PURPOSE BY EMPHASIZING CORE VALUES OF THE CATHOLIC BENEDICTINE TRADITION, INCLUDING HOSPITALITY, THE LOVE OF LEARNING, RESPECT, COMMUNITY AND STEWARDSHIP. LEARNING HERE ENTAILS A COMMITMENT TO MEETING RIGOROUS ACADEMIC STANDARDS, BROADENING THE SCOPE OF ONE'S VISION AND BECOMING ACCOUNTABLE TO BOTH SELF AND SOCIETY. ST. SCHOLASTICA OFFERS 35 MAJORS AND 10 UNIQUE MINORS. THE COLLEGE ALSO OFFERS ADVANCED DEGREES, CERTIFICATES AND LICENSURES IN 34 DIFFERENT AREAS. THE MAIN CAMPUS IS IN DULUTH, MINNESOTA, WITH ADDITIONAL IN-STATE CAMPUSES IN ST. PAUL, ST. CLOUD, BRAINERD, HIBBING, ROCHESTER, INVER GROVE HEIGHTS, GRAND RAPIDS, CLOQUET AND A CAMPUS IN SURPRISE, AZ. IN ADDITION TO GRADUATE AND EXTENDED SITES THE COLLEGE OFFERS ONLINE PROGRAMS. THE COLLEGE'S ENROLLMENT FOR FALL 2015-16 WAS 4,360. THE COLLEGE GRADUATED 1,416 STUDENTS DURING THE 2015-16 ACADEMIC YEAR. 21178719 1467606 318960 STUDENT & ADMINISTRATIVE SERVICES: THE STUDENT EXPERIENCE IS CRITICAL TO THE COLLEGE OF ST. SCHOLASTICA'S MISSION. THE COLLEGE PROVIDES LIBRARY SERVICES, COMPUTER LABS, ACADEMIC AND PERSONAL ADVISEMENT AND COUNSELING, TUTORING AND GRADUATE SCHOOL PREPARATION TO ENHANCE ITS EDUCATIONAL PROGRAMS. SUPPORT IS OFFERED FOR ADMISSIONS, REGISTRATION, FINANCIAL AID AND SPECIALIZED SERVICES TO ENRICH DIVERSITY WITHIN THE COLLEGE. STUDENT ACTIVITIES ARE A WAY FOR STUDENTS TO CONNECT WITH OTHER STUDENTS WITH SIMILAR VIEWS, ASPIRATIONS AND CONCERNS, AND THEN PROVIDE A FRAMEWORK FOR THOSE STUDENTS TO WORK TOGETHER FOR A COMMON GOAL. A VARIETY OF CAMPUS ORGANIZATIONS, CLUBS, AND LEADERSHIP OPPORTUNITIES PROVIDE STUDENTS WITH MANY AVENUES FOR PERSONAL, VOCATIONAL AND SOCIAL GROWTH. THE ATHLETICS DEPARTMENT OFFERS 22 MEN'S AND WOMEN'S PROGRAMS CONSISTENT WITH THE MISSION STATEMENT OF THE COLLEGE AND THE NCAA DIVISION III PHILOSOPHY. THERE WERE 474 UNDUPLICATED STUDENT PARTICIPANTS IN THESE PROGRAMS. ALL STUDENTS MAY PARTICIPATE IN A WIDE VARIETY OF INTRAMURAL ACTIVITIES AS WELL AS GENERAL USE OF THE COLLEGE'S RECREATIONAL FACILITY, THE BURNS COMMONS WELLNESS CENTER. 7006252 0 8296910 AUXILIARY SERVICES: ST. SCHOLASTICA OFFERS ITS STUDENTS HOUSING, FOOD AND HEALTH SERVICES. HOUSING CONSISTS OF A RESIDENCE HALL AND SUITES AND EIGHT APARTMENT COMPLEXES WITH A CAPACITY OF 961 BEDS. OVER HALF OF THE COLLEGE'S FULL-TIME UNDERGRADUATE TRADITIONAL AGED STUDENTS RESIDE ON CAMPUS. FOR, 2015-16, OCCUPANCY WAS 918 AND 839 STUDENTS FOR FALL AND SPRING SEMESTERS, RESPECTIVELY.ST. SCHOLASTICA UTILIZES ARAMARK CAMPUS DINING TO PROVIDE QUALITY NUTRITIOUS FOODS AT MULTIPLE CAMPUS LOCATIONS. TOGETHER WE ARE COMMITTED TO SUSTAINABLE PRACTICES AND SUPPORTING STUDENT'S HEALTH AND WELLBEING. ALL STUDENTS RESIDING IN THE RESIDENCE HALL ARE REQUIRED PURCHASE A MEAL PLAN. OPTIONAL MEAL PLANS ARE AVAILABLE FOR OTHER RESIDENTIAL AND COMMUTER STUDENTS. FOR 2015-16, 937 STUDENTS OBTAINED MEAL PLANS. THE PHYSICAL AND EMOTIONAL WELL-BEING OF ALL STUDENTS IS ESSENTIAL FOR ACADEMIC SUCCESS. STUDENT HEALTH SERVICES PROVIDES ONSITE ACCESS TO MEDICAL PROFESSIONALS. OUR PROFESSIONAL STAFF OFFERS STUDENTS CONFIDENTIAL SERVICES IN TREATING PHYSICAL AND MENTAL HEALTH CONCERNS THAT COMMONLY OCCUR WITHIN THE COLLEGE POPULATION.A CAMPUS CONVENIENCE STORE SERVES STUDENTS, FACULTY, STAFF, ALUMNI AND MEMBERS OF THE SURROUNDING COMMUNITY WITH A SELECTION OF COLLEGIATE CLOTHING, GIFTS AND GENERAL MERCHANDISE. 261974 33991 648595 OTHER PROGRAM SERVICES INCLUDE: CENTER FOR HEALTH CARE & INNOVATION, PERFORMING ARTS, AND COMMUNITY EDUCATIONAL SERVICES. 261974 33991 648595 98178993 1 1 0 1 0 0 1 1 1 1 1 0 0 0 1 1 1 0 1 1 1 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 235 0 2021 1 1 1 1 CJ SZ 0 0 0 0 0 0 0 0 X 26 25 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MN CA X X X SUSAN KERRY 2187236000 1200 KENWOOD AVENUE DULUTH MN 558114199 GEORGE GOODWIN PRESIDENT 40.00 X X 384812 0 53571 MARY IVES TRUSTEE, CHAIR 1.00 X X 0 0 0 CHRISTOPHER DOLAN TRUSTEE, VICE CHAIR 1.00 X X 0 0 0 ABBOTT APTER TRUSTEE 1.00 X 0 0 0 PATRICIA BOWER-JERNIGAN TRUSTEE 1.00 X 0 0 0 DANIEL CLAY TRUSTEE 1.00 X 0 0 0 ED CRAWFORD TRUSTEE 1.00 X 0 0 0 MARY SUSAN DEWITT OSB TRUSTEE 1.00 X 0 0 0 JESSICA DURBIN TRUSTEE 1.00 X 0 0 0 LOIS ECKES OSB TRUSTEE 1.00 X 0 0 0 DAVID HERMAN TRUSTEE 1.00 X 0 0 0 EMILY JANSEN TRUSTEE 1.00 X 0 0 0 GRETCHEN JOHNSTON OSB TRUSTEE 1.00 X 0 0 0 MATHEW JOHNSON TRUSTEE 1.00 X 0 0 0 TRICIA JOHNSON TRUSTEE 1.00 X 0 0 0 BETH HAENKE JUST TRUSTEE 1.00 X 0 0 0 NICOLE MILLER TRUSTEE 1.00 X 0 0 0 MELANIE MOGG TRUSTEE 1.00 X 0 0 0 VINCENT OHAJU TRUSTEE 1.00 X 0 0 0 MICHAEL O'KEEFE TRUSTEE 1.00 X 0 0 0 SARAH O'MALLEY OSB TRUSTEE 1.00 X 0 0 0 KELLY PALMER TRUSTEE 1.00 X 0 0 0 PAUL PUERZER TRUSTEE 1.00 X 0 0 0 BEVERLY RAWAY PRIORESS OSB TRUSTEE 1.00 X 0 0 0 PHILIP ROLLE TRUSTEE 1.00 X 0 0 0 SUE ROSS TRUSTEE 1.00 X 0 0 0 ROBERT SCHROEDER TRUSTEE 1.00 X 0 0 0 DOUG SCHUR TRUSTEE 1.00 X 0 0 0 JACQULIN SEBASTIAN TRUSTEE 1.00 X 0 0 0 MARY CATHERINE SHAMBOUR OSB TRUSTEE 1.00 X 0 0 0 M SARAH SMEDMAN OSB TRUSTEE 1.00 X 0 0 0 DAVID SPARBY TRUSTEE 1.00 X 0 0 0 DENISE STARKEY TRUSTEE 1.00 X 0 0 0 MARCY STEINKE TRUSTEE 1.00 X 0 0 0 LOUISE TOWN MD TRUSTEE 1.00 X 0 0 0 ELIZABETH DOMHOLDT VICE-PRESIDENT FOR ACADEMIC AFFAIRS, SECRETARY 40.00 X 195119 0 11168 SUSAN KERRY VICE-PRESIDENT FOR FINANCE, TREASURER 40.00 X 118962 0 17461 DON WORTHAM VICE-PRESIDENT FOR STRATEGIC INITIATIVES 40.00 X 165561 0 29837 JOHN LABOSKY VICE PRESIDENT FOR COLLEGE ADVANCEMENT 40.00 X 169152 0 41090 GERALD CIZADLO PROFESSOR, BIOLOGY 40.00 X 164178 0 18770 PATRICIA PRATT-COOK VICE-PRESIDENT FOR HUMAN RESOURCES 40.00 X 158430 0 30592 ERIC BERG VICE-PRESEDENT FOR ENROLLMENT MANAGEMENT 40.00 X 137535 0 40185 STEVE LYONS VICE-PRESIDENT FOR STUDENT AFFAIRS 40.00 X 137341 0 40178 1631090 0 282852 20 0 1 0 ARAMARK CORPORATION PO BOX 840706 DALLAS TX 752840706 FOOD SERVICE 1641702 COLLEGIS LLC 1415 W 22ND STREET SUITE 400 OAK BROOK IL 60523 MARKETING 391028 MCGOUGH CONSTRUCTION CO PO BOX 1450 MINNEAPOLIS MN 55485 CONSTRUCTION 355556 ROYALL & COMPANY 1920 EAST PARHAM ROAD RICHMOND VA 23228 MARKETING 263488 ULLAND BROS INC PO BOX 340 CLOQUET MN 55720 CONSTRUCTION 241873 20 6175683 4737206 169523 10912889 TUITION/FEES 900099 92581336 92581336 AUXILIARY ENTERPRISES 900099 8296910 8296910 OTHER PROGRAM SERVICE REVENUE 900099 420506 420506 CONFERENCES/SPEC EVENTS 900099 42756 2221 40535 SALES/SVCS EDUC ACT 541900 21596 21596 101363104 1728518 1728518 5316124 565216 5218468 626617 97656 -61401 36255 36255 OTHER REVENUE 900099 397811 377609 20202 PARKING 812930 302418 302418 INDIRECT COST RECOVERY 561000 145623 145623 128646 128646 974498 115015264 101845801 60737 2195837 5839023 5839023 34711249 34711249 1001669 514418 379356 107895 34930512 28806013 5323545 800954 2127509 1754484 324241 48784 5210817 4297184 794149 119484 2715907 2239716 413915 62276 1246790 1246790 144512 144512 91306 91306 75412 75412 162021 162021 2165886 1786133 330089 49664 1738130 1433377 264898 39855 916648 755928 139701 21019 1525445 1257983 232484 34978 38688 31905 5896 887 2204521 1817994 335978 50549 2268414 1870684 345715 52015 162466 133981 24760 3725 2349684 2349684 3814788 3814788 273319 225397 41655 6267 OTHER SUPPLIES 2906516 2396906 442964 66646 ATHLETICS/EC ACTIVITIES 861760 710664 131336 19760 INSTITUTIONAL SUPPORT 633603 522511 96564 14528 BAD DEBT EXPENSE 254211 254211 810000 654760 134938 20302 111180806 98178993 11406813 1595000 301392 2288320 7200197 8106598 2043593 3106262 2946224 2840627 3626421 3483491 116763 92927 1448212 1500936 123840119 49171546 76800964 74668573 64723923 64508052 5099131 4637938 51160 34120 4437329 4399616 168795309 169667460 7477542 8144989 3551640 3579151 7378845 9892441 46514644 45563457 176838 90135 2600000 0 619258 580848 2095660 2050911 70414427 69901932 X 68590469 68908633 12033896 12526652 17756517 18330243 98380882 99765528 168795309 169667460 X 3834458 -2426624 -23188 X 0 1 X 1 1 1 X 8618182 7317390 7967810 10048243 10912889 44864514 8618182 7317390 7967810 10048243 10912889 44864514 44864514 1167194 1389408 1428338 1877571 1728518 7591029 27059 19400 46459 693384 885352 661018 971445 954296 4165495 56667497 491921616 0.79170 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: PARKING FEES INDIRECT COST RECOVERY STUDENT LATE FEE PAYMENTS OTHER REVENUE RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 1 1 0 1 1258 1 50 0 1 4241 1 602 1 117572 123723 0 PART II-B, LINE 1: LOBBYING ACTIVITIES PERFORMED BY THE COLLEGE PRESIDENT, DEAN OF THE SCHOOL OF NURSING AND COLLEGE ADVANCEMENT ARE LIMITED TO PROCURING FUNDING RELATING TO OUR STUDENT FINANCIAL AID AND SUPPORT FOR FEDERAL AND STATE GRANTS AND INITIATIVES RELATING TO OUR ACADEMIC PURPOSE AND MISSION. LOBBYING ACTIVITIES INCLUDE WRITING LETTERS TO AND HOLDING MEETINGS WITH GOVERNMENT OFFICIALS. THE COLLEGE OF ST. SCHOLASTICA, INC. IS A MEMBER OF THE MINNESOTA PRIVATE COLLEGE COUNCIL (MPCC), A 501(C)4 ORGANIZATION. MPCC PROVIDES NONPARTISAN AND NON-ELECTORAL ADVOCACY FOR PUBLIC POLICY THAT MEETS STUDENTS' NEEDS AND ADVANCES THE INTERESTS OF PRIVATE HIGHER EDUCATION. MPCC DIVIDED ITS EXPENSES, 72.9% MAY HAVE RELATED TO LOBBYING ACTIVITIES. DUES PAID BY THE COLLEGE TO MPCC WERE ALLOCATED USING THEIR ALLOCATION. SIMILARLY 7% OF NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU) DUES WERE ALLOCATED TO LOBBYING. X 1 1.55 0 0 0 1 0 0.00 0 0 79210 X 0 0 1 X 67914090 2031786 -676758 455500 1761950 162021 66889647 65929156 1673942 2448493 428700 1525225 183576 67914090 53339888 4043844 10491910 384200 1396150 166136 65929156 47873743 3063340 4162601 323400 1259350 177046 53339888 42243873 3051108 -1263635 332650 696350 128603 47873743 0.61080 0.27000 0.11920 0 0 4428599 4428599 99574813 33825792 65749021 328232 219724 108508 18752437 15019031 3733406 756038 106999 649039 74668573 ASSET RETIREMENT OBLIGATION 1167324 DEPOSIT ACCOUNTS 633132 ANNUITIES PAYABLE 250455 2050911 X 77988144 -2426624 47402 -98600 -2477822 80465966 162021 34387277 34549298 115015264 73608029 47402 -14011 33391 73574638 162021 37444147 37606168 111180806 PART II, LINE 9: THERE ARE NO REVENUES ASSOCIATED WITH THIS EASEMENT. EXPENSES FOR MONITORING FLOW THROUGH THE COLLEGE'S OPERATION & MAINTENANCE ACCOUNT. LAND FALLING UNDER THE EASEMENT IS INCLUDED UNDER "LAND" IN THE COLLEGE'S BALANCE SHEET. THERE IS NO FOOTNOTE RELATING TO THE EASEMENT IN THE COLLEGE'S FINANCIAL STATEMENTS. PART III, LINE 4: THE COLLEGE'S COLLECTION (ART) CONSISTS PRIMARILY OF PICTURES AND STATUES REFLECTING OUR BENEDICTINE HERITAGE; ARTWORK CONTRIBUTES TO THIS HERITAGE VIA PUBLIC DISPLAY IN CAMPUS BUILDINGS. PART IV, LINE 2B: THE ESCROW AMOUNT REPRESENTS FUNDS HELD BY THE COLLEGE FOR STUDENT CLUBS AND ORGANIZATIONS (I.E., COLLEGE STUDENT NEWSPAPER, STUDENT SENATE, ETC.). REPRESENTATIVES OF THESE STUDENT ORGANIZATIONS ARE ABLE TO MAKE WITHDRAWALS FROM THESE FUNDS AFTER PROVIDING SUPPORTING DOCUMENTATION FOR WITHDRAWALS. PART V, LINE 4: INCOME FROM ENDOWMENT FUNDS ARE USED (PER THE COLLEGE'S SPENDING POLICY AS DETERMINED BY THE COLLEGE'S INVESTMENT COMMITTEE) FOR STUDENT SCHOLARSHIPS AND DEPARTMENTAL EXPENDITURES. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE COLLEGE 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 COLLEGE FOLLOWS 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 COLLEGE'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ACTUARIAL ADJUSTMENT -23,188. FUNDRAISING EXPENSES NETTED AGAINST FUNDRAISING INCOME -75,412. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS 34,448,678. LOSS ON DISPOSAL OF FIXED ASSETS -61,401. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST FUNDRAISING INCOME -75,412. LOSS ON DISPOSAL OF FIXED ASSETS 61,401. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS 34,448,678. GRANTS TO ORGANIZATIONS 2,995,469. 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 COLLEGE FOLLOWS A NONDISCRIMINATION POLICY REGARDING ALL PROGRAMS. ENROLLMENT OF STUDENTS IS WITHOUT DISCRIMINATION AS TO RACE, COLOR, GENDER, NATIONAL ORIGIN, AND SEXUAL ORIENTATION AND IS PUBLISHED IN THE COLLEGE'S CATALOG AND RECRUITING INFORMATION. RECRUITMENT PROCEDURES ARE DESIGNED AND CARRIED OUT TO REACH ALL RACIAL SEGMENTS IN THE GEOGRAPHICAL AREA SERVED (PRIMARILY UPPER U.S. MIDWEST). SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FINANCIAL ASSISTANCE FROM THE U.S. GOVERNMENT IN CONNECTION WITH VARIOUS PROGRAMS SUCH AS THE PERKINS STUDENT LOAN PROGRAM, FEDERAL COLLEGE WORK-STUDY PROGRAM, AND SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM. STUDENTS ATTENDING THE COLLEGE ALSO RECEIVE FINANCIAL ASSISTANCE FROM THE STATE OF MINNESOTA. THE COLLEGE ALSO RECEIVES FEDERAL AND STATE ASSISTANCE FOR GRANT RELATED PROGRAMS. CENTRAL AMERICA AND THE CARIBBEAN 0 5 PROGRAM SERVICES INTERNATIONAL STUDENT RECRUITMENT, STUDY ABROAD 110744 EUROPE (INCLUDING ICELAND & GREENLAND) 0 8 PROGRAM SERVICES INTERNATIONAL STUDENT RECRUITMENT, STUDY ABROAD 264431 NORTH AMERICA 0 4 PROGRAM SERVICES INTERNATIONAL STUDENT RECRUITMENT, STUDY ABROAD 15349 EAST ASIA AND THE PACIFIC 0 5 PROGRAM SERVICES INTERNATIONAL STUDENT RECRUITMENT, STUDY ABROAD 168225 SOUTH AMERICA 0 1 PROGRAM SERVICES INTERNATIONAL STUDENT RECRUITMENT, STUDY ABROAD 5588 SUB-SAHARAN AFRICA 0 1 PROGRAM SERVICES INTERNATIONAL STUDENT RECRUITMENT, STUDY ABROAD 95852 RUSSIA & NEIGHBORING STATES 0 1 PROGRAM SERVICES INTERNATIONAL STUDENT RECRUITMENT, STUDY ABROAD 18701 EUROPE 0 0 INVESTMENTS N/A 3109803 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 747110 0 25 0 0 0 25 3788693 747110 4535803 0 0 0 0 0 0 PART I, LINE 3: ACCRUAL X X X X X X X 1 DATA STRATEGY CORPORATION 1907 EAST WAYZATA BLVD 170 WAYZATA MN 55391 ANNUAL FUND COMMUNICATION 0 67300 41625 25675 DONALD A CAMPBELL & COMPANY ONE EAST WACKER DRIVE CHICAGO IL 60601 PHILANTHROPIC MARKET STUDY - CONSULTING 0 0 33787 -33787 67300 75412 -8112 MN 1 AFFILIATED COMMUNITY MEDICAL CENTER 101 WILLMAR AVE SW WILLMAR MN 58201 410850702 501(C)(3) 124422 N/A N/A SEE PART IV ALLINA HEALTH SYSTEM PO BOX 1583 MINNEAPOLIS MN 55440 363261413 501(C)(3) 168146 N/A N/A SEE PART IV AXIS MEDICAL CENTER 1801 NICOLLET AVE S MINNEAPOLIS MN 55403 261084365 501(C)(3) 13007 N/A N/A SEE PART IV BUFFALO CLINIC PA 1700 HIGHWAY 25 N BUFFALO MN 55313 411227920 501(C)(3) 37411 N/A N/A SEE PART IV CENTRACARE CLINIC 1200 SIXTH AVE N ST CLOUD MN 56303 411806657 501(C)(3) 140756 N/A N/A SEE PART IV CENTRACARE HEALTH - PAYNESVILLE LL 200 W FIRST ST PAYNESVILLE MN 56362 463298651 501(C)(3) 34966 N/A N/A SEE PART IV CHIPPEWA COUNTY MONTEVIDEO HOSPITAL 824 N 11TH ST MONTEVIDEO MN 56265 416008775 501(C)(3) 18438 N/A N/A SEE PART IV CUYUNA REGIONAL MEDICAL CENTER 320 E MAIN ST CROSBY MN 56441 410879376 501(C)(3) 74340 N/A N/A SEE PART IV DEER RIVER HEALTHCARE CENTER 1002 COMSTOCK DR DEER RIVER MN 56636 410844574 501(C)(3) 67249 N/A N/A SEE PART IV DOUGLAS COUNTY HOSPITAL 111 17TH AVE E ALEXANDRIA MN 56308 411410148 501(C)(3) 20028 N/A N/A SEE PART IV ESSENTIA HEALTH PO BOX 64618 ST PAUL MN 55164 411878730 501(C)(3) 425364 N/A N/A SEE PART IV ESSENTIA HEALTH DULUTH CLINIC 502 E 2ND ST DULUTH MN 55805 410883623 501(C)(3) 425365 N/A N/A SEE PART IV ESSENTIA HEALTH ST JOSEPH'S BRAINERD CLINIC 2024 S 6TH ST BRAINERD MN 56401 410695602 501(C)(3) 8217 N/A N/A SEE PART IV FAIRVIEW HEALTH SERVICES PO BOX 147 MINNEAPOLIS MN 55413 410693880 501(C)(3) 257697 N/A N/A SEE PART IV FIRSTLIGHT HEALTH SYSTEM 301 S HWY 65 MORA MN 55051 416005815 501(C)(3) 12017 N/A N/A SEE PART IV GATEWAY FAMILY HEALTH CLINIC LTD 4570 COUNTY HWY 61 MOOSE LAKE MN 55767 411000577 501(C)(3) 18640 N/A N/A SEE PART IV GREATER MINNESOTA FAMILY SERVICES 2320 E HIGHWAY 12 STE 2 WILLMAR MN 56201 411851475 501(C)(3) 53985 N/A N/A SEE PART IV HEALTH SCIENCES EDUCATION FACILITY CORPORATION 50 S SIXTH ST MINNEAPOLIS MN 55402 474744755 501(C)(3) 2995469 N/A N/A EQUITY CONTRIBUTION TO HEALTH SCIENCES EDUCATION FACILITY CORPORATION HEALTHPARTNERS GROUP PO BOX 1309 MINNEAPOLIS MN 55440 410797853 501(C)(3) 51109 N/A N/A SEE PART IV HENNEPIN COUNTY MEDICAL CENTER 701 PARK AVE S MINNEAPOLIS MN 55415 416005801 501(C)(3) 26434 N/A N/A SEE PART IV HUMAN DEVELOPMENT CENTER 1025 LONDOND RD STE 1 DULUTH MN 55802 410777937 501(C)(3) 78265 N/A N/A SEE PART IV LAKE SUPERIOR COMMUNITY HEALTH CENTER 2 E 5TH ST DULUTH MN 55805 237167576 501(C)(3) 20686 N/A N/A SEE PART IV LAKEWOOD HEALTH SYSTEM 401 PRAIRIE AVE NE STAPLES MN 56479 411842965 501(C)(3) 21317 N/A N/A SEE PART IV NYSTROM & ASSOCIATES LTD 1900 SILVER LAKE RD NEW BRIGHTON MN 55112 411700376 501(C)(3) 23923 N/A N/A SEE PART IV OLMSTED MEDICAL CENTER 1650 4TH ST SE ROCHESTER MN 55904 410855367 501(C)(3) 18962 N/A N/A SEE PART IV PARK NICOLLET CLINIC 5050 EXCELSIOR BLVD ST LOUIS PARK MN 55416 410834920 501(C)(3) 96071 N/A N/A SEE PART IV RANGE MENTAL HEALTH CENTER INC PO BOX 1188 VIRGINIA MN 55792 410849301 501(C)(3) 27586 N/A N/A SEE PART IV REGIONS HOSPITAL 640 JACKSON ST ST PAUL MN 55101 410956618 501(C)(3) 16519 N/A N/A SEE PART IV RIVERWOOD HEALTHCARE CTR 200 BUNKER HILL DR AITKIN MN 56431 410745522 501(C)(3) 67506 N/A N/A SEE PART IV SANFORD HEALTH OF NORTHERN MINNESOTA 1300 ANNE ST NW BEMIDJI MN 55601 411266009 501(C)(3) 97494 N/A N/A SEE PART IV SOUTH LAKE PEDIATRICS 17005 HUTCHINS DR STE 250 MINNETONKA MN 55345 411240834 501(C)(3) 19378 N/A N/A SEE PART IV ST CLOUD HOSPITAL 1406 6TH AVE N ST CLOUD MN 56303 410695596 501(C)(3) 238326 N/A N/A SEE PART IV ST CLOUD MEDICAL GROUP 251 COUNTY RD 120 ST CLOUD MN 56303 410986131 501(C)(3) 44350 N/A N/A SEE PART IV ST LUKES HOSPITAL ASSOCIATION OF DULUTH 915 E 1ST ST DULUTH MN 55805 410729979 501(C)(3) 23976 N/A N/A SEE PART IV WILDER CHILDREN AND FAMILY SERVICES 451 LEXINGTON PKWY N ST PAUL MN 55104 410693889 501(C)(3) 53916 N/A N/A SEE PART IV 35 0 COLLEGE FUNDED INSTITUTIONAL AID TO STUDENTS 2612 32947504 0 N/A N/A ENDOWED SCHOLARSHIPS TO STUDENTS 209 455500 0 N/A N/A FEDERAL GRANTS & SCHOLARSHIPS 367 508164 0 N/A N/A STATE GRANTS & SCHOLARSHIPS 4 18467 0 N/A N/A PRIVATE SCHOLARSHIPS 166 519043 0 N/A N/A FEDERAL SCHOLARSHIP ALLOWANCE PROGRAMS 342 262571 0 N/A N/A PART I, LINE 2: ALL GRANT ACTIVITY IS REQUIRED TO MEET THE SPECIFIC STANDARDS AND STIPULATIONS OF THE GRANTOR AND OPERATE WITHIN THE ORGANIZATION'S POLICIES AND PROCEDURES. GRANT REVENUE AND EXPENDITURES ARE MONITORED AND FUNDS ARE DRAWN DOWN ON A MONTHLY BASIS. INTERNAL REPORTS AND AWARD LEVELS ARE REVIEWED PRIOR TO EACH DRAW TO DETERMINE IF CASH SHOULD BE DRAWN FOR INDIVIDUAL GRANTS. FINALLY, THE COLLEGE UNDERGOES AN ANNUAL AUDIT OF ITS FEDERAL AWARDS UNDER THE GUIDELINES OF OMB CIRCULAR A-133. SCHEDULE I, PART II, COLUMN (H) FUNDS RECEIVED FROM THE MINNESOTA DEPARTMENT OF HEALTH FROM LEGISLATION THAT CREATED THE MERC TRUST FUND (PMAP/PGAMC DISTRIBUTION) THAT PROVIDES REMUNERATION FOR THOSE FACILITIES THAT SERVED AS CLINICAL TRAINING SITES FOR THE COLLEGE'S NURSE PRACTITIONER AND CLINICAL NURSE SPECIALIST STUDENTS DURING THE 2013-2014 ACADEMIC YEAR. THE AMOUNTS PAID FROM THE FUNDS RECEIVED FROM THE MERC LEGISLATION TO EACH ORGANIZATION LISTED IN PART II IS BASED ON THE NUMBER OF STUDENTS THEY HAD AND THE LENGTH OF TIME THEY SPENT AT EACH RESPECTIVE FACILITY. TRAINING SITES MUST ALSO HAVE A CURRENT ACTIVE MEDICAL ASSISTANCE ENROLLMENT STATUS IN MINNESOTA. X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 GEORGE GOODWIN PRESIDENT 337320 0 0 0 47492 0 36651 0 20855 0 442318 0 0 0 ELIZABETH DOMHOLDT VICE-PRESIDENT FOR ACADEMIC AFFAIRS, 181253 0 0 0 13866 0 27371 0 7335 0 229825 0 0 0 DON WORTHAM VICE-PRESIDENT FOR STRATEGIC INITIAT 153462 0 0 0 12099 0 24197 0 6735 0 196493 0 0 0 JOHN LABOSKY VICE PRESIDENT FOR COLLEGE ADVANCEME 157229 0 0 0 11923 0 23846 0 18302 0 211300 0 0 0 GERALD CIZADLO PROFESSOR, BIOLOGY 156371 0 0 0 7807 0 7514 0 11951 0 183643 0 0 0 PATRICIA PRATT-COOK VICE-PRESIDENT FOR HUMAN RESOURCES 127950 0 0 0 30480 0 24160 0 7539 0 190129 0 0 0 ERIC BERG VICE-PRESEDENT FOR ENROLLMENT MANAGE 124371 0 0 0 13164 0 23265 0 17872 0 178672 0 0 0 STEVE LYONS VICE-PRESIDENT FOR STUDENT AFFAIRS 124902 0 0 0 12439 0 23258 0 17947 0 178546 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - JOHN LABOSKY - TAXABLE COMPENSATION HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - DR. GEORGE GOODWIN - TAXABLE COMPENSATION PERSONAL SERVICES - DR. GEORGE GOODWIN - TAXABLE COMPENSATION HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - JOHN LABOSKY - TAXABLE COMPENSATION PART I, LINE 1B THE COLLEGE HAS ESTABLISHED A WRITTEN POLICY REGARDING PAYMENT AND REIMBURSEMENT OF EXPENSES IN 2009. THERE IS A GENERAL UNDERSTANDING THAT FIRST-CLASS TRAVEL AND TRAVEL FOR COMPANIONS (NOT BONA FIDE BUSINESS PURPOSE) ARE NOT ALLOWED BY THE COLLEGE. ALL EMPLOYEES MUST SUBMIT TRAVEL/REIMBURSEMENT REPORTS FOR THEIR TRAVELING FOR THE COLLEGE - THESE ARE REVIEWED BY APPROPRIATE SCHOOL OFFICIALS FOR ACCURACY AND APPROPRIATE CHARGES. IN THE INSTANCES THE COLLEGE CHECKED ABOVE ON LINE 1A, SUCH ITEMS ARE "EXCEPTIONS" GRANTED AS PROVIDED IN THE INDIVIDUAL EMPLOYEE CONTRACTS. ALL OTHER EMPLOYEES WITHOUT THESE GRANTED PROVISIONS AS SPECIFIED IN A CONTRACT ARE SUBJECT TO THE WRITTEN POLICY ESTABLISHED BY THE COLLEGE IN 2009. A MN HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416HLR3 2007-11-21 8105168 EXPANSION OF FIELDHOUSE FACILITY 0 0 0 B MN HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416HVG6 2010-10-26 22129697 REFUNDING SERIES 6A & 5J/SCIENCE CENTER EXPANSION 0 0 0 C MN HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416HWE0 2011-02-17 10171848 SCIENCE CENTER EXPANSION 0 0 0 D MN HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416HYU2 2012-10-17 9644673 REFUNDING SERIES 5R 0 0 0 A 2405000 8105168 656250 119980 7328938 2008 1 0 1 1 B 520000 22129697 1917416 659536 127647 6496766 12928332 2012 1 0 1 1 C 10171848 1017000 180866 59495 8914487 2012 1 0 1 1 D 1450000 9644673 849504 8657101 138068 2012 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.02000 0.02000 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 1 0 0 1 CALYON 1.000000000000 1 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MN HIGHER EDUCATION FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 11/01/2012 X 6 169523 STOCK MARKET QUOTES 0 0 1 0 PART I, COLUMN (B): THE COLLEGE REPORTS THE NUMBER OF CONTRIBUTORS ON PART 1, COLUMN B FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE HAS A TWOFOLD PURPOSE: 1) IT SERVES AT THE PLEASURE OF THE BOARD AS ITS AGENT IN HELPING THE PRESIDENT TO ADDRESS BUSINESS MATTERS BETWEEN REGULAR BOARD MEETINGS; AND 2) IT ASSISTS THE CHAIRPERSON AND THE PRESIDENT IN THEIR JOINT RESPONSIBILITY TO HELP THE BOARD TO FUNCTION EFFECTIVELY AND EFFICIENTLY BY SUGGESTING BOARD MEETING AGENDA ITEMS AND PERIODICALLY ASSESSING THE QUALITY OF COMMITTEE WORK. THE COMMITTEE HAS AUTHORITY TO ACT FOR THE BOARD OF TRUSTEES ON ALL MATTERS EXCEPT THE FOLLOWING, WHICH SHALL BE RESERVED FOR THE BOARD: PRESIDENTIAL SELECTION AND TERMINATION; TRUSTEE AND BOARD OFFICER SELECTION; CHANGES IN INSTITUTIONAL MISSION AND PURPOSES; CHANGES TO THE BYLAWS, CHARTER, OR ARTICLES OF INCORPORATION; INCURRING OF CORPORATE INDEBTEDNESS IN EXCESS OF $100,000; SALE OF COLLEGE ASSETS OR TANGIBLE PROPERTY VALUED GREATER THAN $250,000; ADOPTION OF THE ANNUAL BUDGET; AND CONFERRAL OF DEGREES. IN ADDITION TO ITS AUTHORITY TO TAKE ACTION ON BUSINESS MATTERS WHICH CANNOT BE DEFERRED UNTIL THE BOARD'S NEXT SCHEDULED MEETING, THE EXECUTIVE COMMITTEE OVERSEES THE WORK OF BOARD COMMITTEES, THE COLLEGE'S PLANNING PROCESS OR PROGRESS ON PLANNING GOALS, THE BOARD'S RESPONSIBILITY TO SUPPORT THE PRESIDENT AND ASSESS HIS OR HER PERFORMANCE, AND REVIEW ANNUALLY THE PRESIDENT'S COMPENSATION AND CONDITIONS OF EMPLOYMENT. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT OF THE BENEDICTINE SISTERS BENEVOLENT ASSOCIATION AND THE PRESIDENT OF THE COLLEGE'S ALUMNI ASSOCIATION ARE VOTING MEMBERS OF THE BOARD OF TRUSTEES AND ARE ELECTED THROUGH THEIR RESPECTIVE ASSOCIATIONS. FORM 990, PART VI, SECTION A, LINE 7B AS SPONSOR OF THE COLLEGE, THE BENEDICTINE SISTERS BENEVOLENT ASSOCIATION HOLDS CERTAIN RESERVED POWERS, WHICH ARE EXERCISED BY ITS BOARD OF DIRECTORS. THE BENEDICTINE SISTERS BENEVOLENT ASSOCIATION RESERVES THE POWER TO WITHHOLD APPROVAL OF ANY ACTION OF THE BOARD OF TRUSTEES OF THE COLLEGE WHICH MAY, INTENTIONALLY OR UNINTENTIONALLY, CHANGE THE MISSION OR MISSION STATEMENT OF THE COLLEGE, ALTER THE REAL ESTATE HOLDINGS OF THE COLLEGE OR THOSE LANDS OR BUILDINGS LEASED TO THE COLLEGE BY THE BENEDICTINE SISTERS, CHANGE THE PROVISION IN ARTICLE IV, SECTION 1 WHICH REQUIRES UP TO 25%, BUT NOT FEWER THAN FOUR OF THE VOTING TRUSTEES TO BE MEMBERS OF THE BENEDICTINE SISTERS BENEVOLENT ASSOCIATION, OR WHICH MODIFIES ARTICLE XII, SECTION 6 OF THE BYLAWS. THE BENEDICTINE SISTERS BENEVOLENT ASSOCIATION ALSO RESERVES THE POWER TO WITHHOLD APPROVAL OF ANY MERGER, CONSOLIDATION OR LIQUIDATION INVOLVING THE COLLEGE. FORM 990, PART VI, SECTION B, LINE 11 THE 2015 FORM 990 WAS PREPARED BY THE TAX COMPLIANCE COORDINATOR WITH SUBSEQUENT REVIEW BY THE INTERIM CONTROLLER, THE CONTROLLER, AND THE VICE PRESIDENT FOR FINANCE. THE COLLEGE'S INDEPENDENT AUDIT FIRM THEN REVIEWED THE FORM 990 DATA FOR ACCURACY AND COMPLIANCE WITH TAX LAW AND FORM INSTRUCTIONS. A DRAFT WAS PROVIDED TO THE COLLEGE'S BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES ARE REQUIRED TO DISCLOSE TO THE BOARD ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICAL TIME. TRUSTEES MAY NOT VOTE ON ANY MATTER UNDER CONSIDERATION AT A BOARD OR COMMITTEE MEETING, IN WHICH HE OR SHE HAS A CONFLICT OF INTEREST. THE MINUTES OF EACH MEETING REFLECT THAT A DISCLOSURE WAS MADE AND THE TRUSTEE HAVING A CONFLICT OF INTEREST ABSTAINED FROM VOTING. ANY TRUSTEE WHO IS UNCERTAIN WHETHER A CONFLICT OF INTEREST MAY EXIST IN ANY MATTER MAY REQUEST THE BOARD OR COMMITTEE TO RESOLVE THE QUESTION BY MAJORITY VOTE. EMPLOYEES SHOULD AVOID ANY SITUATION WHICH COULD BE CONSTRUED AS A CONFLICT OF INTEREST. VIOLATIONS ARE REPORTED TO THE EMPLOYEE'S SUPERVISOR, DEPARTMENT VICE PRESIDENT, OR VICE PRESIDENT OF HUMAN RESOURCES. ALLEGATIONS ARE INVESTIGATED FAIRLY AND THOROUGHLY. IF CONFIRMED BY EMPLOYEE OR INVESTIGATION DISCIPLINARY ACTIONS MAY RESULT. FORM 990, PART VI, SECTION B, LINE 15 RECRUITMENT AND RETENTION OF A WELL-QUALIFIED INDIVIDUAL INTO THE LEADERSHIP ROLE OF PRESIDENT IS VITAL TO THE SUCCESS AND GROWTH OF THE COLLEGE. TO SUPPORT THESE EFFORTS, THE COLLEGE HAS CREATED A METHODOLOGY TO DETERMINE A COMPETITIVE WAGE STRUCTURE FOR THIS POSITION. THE PRIMARY SOURCE FOR SALARY DATA IS THE ANNUAL COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION (CUPA) ADMINISTRATIVE COMPENSATION SALARY SURVEY. CUPA SURVEYS PROVIDE MORE COMPREHENSIVE INFORMATION ON HIGHER EDUCATION SALARY DATA THAN OTHER NATIONAL SURVEYS. DATA IS COLLECTED ON A VARIETY OF FACTORS THAT ENABLE THE COLLEGE TO CREATE A COMPARATOR GROUP OF COLLEGES THAT MOST RESEMBLE ST. SCHOLASTICA. SPECIFIC WAGE DATA IS PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES BY THE VICE PRESIDENT FOR HUMAN RESOURCES IN THE FALL OF EACH YEAR. THIS COMMITTEE REVIEWS THE PRESIDENT'S PERFORMANCE OVER THE PREVIOUS FISCAL YEAR AND PREPARES A SALARY RECOMMENDATION FOR FULL BOARD APPROVAL AT ITS ANNUAL OCTOBER MEETING. THE PRESIDENT'S NEW WAGE GOES INTO EFFECT THE FOLLOWING JANUARY 1. THIS PROCESS WAS LAST CONDUCTED IN 2014 FOR THE PRESIDENT, DR. GEORGE GOODWIN. RECRUITMENT AND RETENTION OF WELL QUALIFIED INDIVIDUALS INTO THE LEADERSHIP ROLES OF VICE PRESIDENT IS VITAL TO THE SUCCESS AND GROWTH OF THE COLLEGE. TO SUPPORT THESE EFFORTS, THE COLLEGE HAS CREATED A METHODOLOGY TO DETERMINE COMPETITIVE WAGE STRUCTURES FOR THESE POSITIONS. THE PRIMARY SOURCE FOR SALARY DATA IS THE ANNUAL CUPA ADMINISTRATIVE COMPENSATION SALARY SURVEY. DATA IS COLLECTED ON A VARIETY OF FACTORS THAT ENABLE THE COLLEGE TO CREATE A COMPARATOR GROUP OF COLLEGES THAT MOST RESEMBLE ST. SCHOLASTICA. EACH VICE PRESIDENT TITLE IS EVALUATED SEPARATELY AND THE MEDIAN OF THE RESULTING RANGE BECOMES THE MIDPOINT OR TARGET WAGE FOR THAT JOB. IN ORDER TO MAINTAIN INTERNAL EQUITY, THIS SAME COMPARATOR GROUP IS USED TO CREATE SALARY RANGES FOR ALL VICE PRESIDENT POSITIONS. ALTHOUGH CUPA IS THE PRIMARY SOURCE FOR SALARY DATA, THE COLLEGE ALSO CHECKS THE CPI AND OTHER WAGE RELATED DATA ON AN ANNUAL BASIS TO ENSURE WAGE STRUCTURES ARE BUILT ON SOUND ECONOMIC PRINCIPLES AND REFLECT CURRENT COMPENSATION TRENDS. THIS PROCESS WAS LAST CONDUCTED IN 2014 FOR THE VICE PRESIDENTS ELIZABETH DOMHOLDT, STEVE LYONS, DON WORTHAM, JOHN LABOSKY, AND PAT PRATT-COOK. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. ADDITIONALLY, THE COLLEGE'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE COLLEGE'S WEBSITE. FORM 990, PART XI, LINE 9: ACTUARIAL ADJUSTMENT -23,188.