2017-05-15T15:28:37-05:00 2016-06-30 621073578 FRASIER DEAN & HOWARD PLLC 3310 WEST END AVE STE 550 NASHVILLE TN 37203 990 2015-07-01 351065063 SAINT MARY-OF-THE-WOODS COLLEGE SAIN 8125355151 1 ST MARY OF THE WOODS COLLEGE ST MARY OF THE WOODS IN 47876 JACLYN WALTERS CHIEF FINANCIAL OFFICER 8125355151 2017-05-15 1 SARA G MOON P00034774 6153836592 X 2015 2021-01-29 14:40:06Z DR DOTTIE KING 1 ST MARY OF THE WOODS COLLEGE ST MARY OF THE WOODS IN 47876 22655368 0 X WWW.SMWC.EDU X 1840 IN COMMITTED TO THE HIGHER EDUCATION IN THE TRADITION OF LIBERAL ARTS. THE COLLEGE SERVES A DIVERSE COMMUNITY OF LEARNERS IN UNDERGRADUATE AND GRADUATE PROGRAMS WHILE MAINTAINING ITS HISTORICAL COMMITMENT TO WOMEN IN ITS CAMPUS PROGRAM. 30 29 486 30 0 0 4390581 2636180 16356222 15835858 582583 527694 0 112376 21329386 19112108 5806456 5680749 0 0 8923108 10305555 0 0 967067 7705467 6783248 22435031 22769552 -1105645 -3657444 33772267 28707206 16886551 16100146 16885716 12607060 SAINT MARY-OF-THE-WOODS COLLEGE EMPOWERS STUDENTS TO THINK CRITICALLY, ENGAGE IN LIFELONG LEADERSHIP, AND EFFECT POSITIVE CHANGE IN A SPIRIT OF SERVICE AND SOCIAL RESPONSIBILITY. 0 0 17864819 5680749 15835858 MAINTAIN AND OPERATE A FULLY ACCREDITED LIBERAL ARTS COLLEGE FOR YOUTHS AND ADULTS IN BOTH CAMPUS BASED AND DISTANCE FORMATS. 17864819 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 116 0 1 486 1 0 0 0 0 0 1 1 0 0 0 0 X 30 29 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X JACLYN WALTERS 8125355236 PO BOX 67 ST MARY OF THE WOODS IN 47876 ALICE SHERFICK SHELTON VICE CHAIR 1.00 X X 0 0 0 BARBARA BRUGNAUX TRUSTEE 1.00 X 0 0 0 BARBARA MARTIN FOSSUM TRUSTEE 1.00 X 0 0 0 BETH HERZOG MICHEL TRUSTEE 1.00 X 0 0 0 CATHLEEN CAMPBELL TRUSTEE 1.00 X 0 0 0 CONSTANCE KRAMER TRUSTEE 1.00 X 0 0 0 DAWN TOMASZEWSKI TRUSTEE 1.00 X 0 0 0 DOTTIE KING PRESIDENT 50.00 X X 200070 0 11076 ELLEN MORLEY MATTHEWS SECRETARY 1.00 X X 0 0 0 GREGORY GIBSON TRUSTEE 1.00 X 0 0 0 JENNIFER PERRY TRUSTEE 1.00 X 0 0 0 JEROME SCHMIDT TRUSTEE 1.00 X 0 0 0 JOHN AL WATSON TRUSTEE 1.00 X 0 0 0 JUDITH COULUP HUND TRUSTEE 1.00 X 0 0 0 KAREN SCHMID TRUSTEE 1.00 X 0 0 0 KAREN SKINNER LAFKAS TRUSTEE 1.00 X 0 0 0 MARCIA REDER SCHMIDT TRUSTEE 1.00 X 0 0 0 MARIE MCCARTHY TRUSTEE 1.00 X 0 0 0 MARSHA SPETH TRUSTEE 1.00 X 0 0 0 MARY ANN CONROY TRUSTEE 1.00 X 0 0 0 MARY KAY WATSON TRUSTEE 1.00 X 0 0 0 MICHAEL MCMAHON TRUSTEE 1.00 X 0 0 0 MICHELLE TESAR BARRENTINE TRUSTEE 1.00 X 0 0 0 PATRICK CAHILL TRUSTEE 1.00 X 0 0 0 PATRICK RALSTON TRUSTEE 1.00 X 0 0 0 RANDY ADAMS CHAIR 1.00 X X 0 0 0 RANDY STEVENS TRUSTEE 1.00 X 0 0 0 ROB LUNDSTORM TRUSTEE 1.00 X 0 0 0 SARA SMITH TRUSTEE 1.00 X 0 0 0 WAYNE MCGLONE TRUSTEE 1.00 X 0 0 0 CORY CAMPBELL CFO 50.00 X 87339 0 240 CLARK JANET VICE PRESIDENT FOR ACADEMIC AFFAIRS 50.00 X 110607 0 11347 KAREN DYER VICE PRESIDNET FOR ADVANCEMENT 50.00 X 118938 0 7347 RACHEL LESLIE CHIEF EXTERNAL REALTIONS OFFICER 50.00 X 105242 0 5483 622196 0 35493 4 0 1 0 SODEXO INC & AFFILIATES PO BOX 130 ST MARY OF THE WOODS IN 47876 FOOD SERVICES 1037723 FHEG STORE #1092 3146 SOLUTIONS CENTER CHICAGO IL 606773001 BOOKSTORE 256993 SISTER OF PROVIDENCE 1 SISTERS OF PROVIDNECE ST MARY OF THE WOODS IN 47876 SECURITY SERVICES 225662 RICOH USA INC PO BOX 534777 ATLANTA GA 303534777 PRINTING MANAGEMENT SERVICES 125456 4 24000 20794 165741 2425645 218857 2636180 TUITION AND FEES 611310 13709567 13709567 AUXILIARY 611710 2126291 2126291 15835858 63225 63225 3961910 3497441 464469 464469 464469 26695 24000 45819 -19124 -19124 OTHER INCOME 900099 131500 131500 131500 19112108 15835858 0 640070 5680749 5680749 261198 79632 139244 42322 7523054 5936421 1089830 496803 213107 164700 33648 14759 1777232 1373532 280611 123089 530964 424833 62263 43868 71292 71292 56000 56000 32022 32022 284192 113539 40184 130469 487452 227247 204471 55734 532925 48050 454440 30435 1143938 801922 342016 166029 103777 34595 27657 22278 12286 8061 1931 455723 455723 1545524 1236419 309105 217217 217217 AUXILIARY ENTERPRISES 700558 700558 STUDENT PROGRAMS 557356 557356 ACADEMIC SUPPORT - LIBR 251026 251026 EQUINE PROGRAM 152772 152772 106944 106944 22769552 17864819 3937666 967067 276131 160874 442443 1291927 1050138 640173 588103 458908 393811 152176 151097 45216778 24457788 22164084 20758990 7876025 4266262 331219 331219 557753 23871 564269 33772267 28707206 836708 835689 309549 353994 4355000 3703000 10924522 10701234 460772 506229 16886551 16100146 X 3734832 62350 3527705 3766127 9623179 8778583 16885716 12607060 33772267 28707206 -3657444 -621212 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 12654777 161198 -53067 611348 32022 12119538 12645031 131311 494357 577460 38462 12654777 11585167 67196 1603646 570800 40178 12645031 10562638 107517 1539001 582056 41933 11585167 10814301 213606 180151 596693 48727 10562638 0.19100 0.68270 0.12630 1 0 66000 66000 37976398 19281260 18695138 5480712 3981872 1498840 1693668 1194656 499012 20758990 ADVANCES FROM GOVERNAMENT 284624 DEPOSITS HELD 138379 ANNUITY PAYMENT LIABILITY 83226 506229 X 12886270 -621212 30304 45819 -545089 13431359 5680749 5680749 19112108 17164926 30304 45819 76123 17088803 5680749 5680749 22769552 PART III, LINE 1A: THE COLLEGES COLLECTIONS ARE MADE UP OF RARE BOOKS, ART OBJECTS, AND ARTIFACTS OF HISTORICAL SIGNIFICANCE THAT ARE HELD FOR EDUCATIONAL AND CURATORIAL PURPOSES. MOST OF THE ITEMS ARE CATALOGED. ALL ITEMS ARE PRESERVED, CARED FOR AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTION ITEMS ARE NOT RECOGNIZED AS ASSETS IN STATEMENT OF FINANCIAL POSITION AND CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PURCHASES OF COLLECTION ITEMS RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IF THEY ARE RESTRICTED FOR SUCH PURPOSE BY THE DONOR. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. THE COLLEGE REQUIRES THAT PROCEEDS FOR THE SALE OF COLLECTION ITEMS BE USED TO ACQUIRE OTHER COLLECTION ITEMS, UNLESS OTHERWISE SPECIFIED BY THE DONOR. PART X, LINE 2: THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. THE COLLEGE IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. CURRENT ACCOUNTING STANDARDS REQUIRE THE COLLEGE TO DISCLOSE THE AMOUNT OF POTENTIAL BENEFIT OR OBLIGATION TO BE REALIZED AS A RESULT OF AN EXAMINATION PERFORMED BY A TAXING AUTHORITY. FOR THE YEARS ENDED JUNE 30, 2016 AND 2015, MANAGEMENT HAS DETERMINED THAT THE COLLEGE DOES NOT HAVE ANY TAX POSITIONS THAT RESULT IN ANY UNCERTAINTIES REGARDING THE POSSIBLE IMPACT ON THE COLLEGE'S FINANCIAL STATEMENTS. THE COLLEGE DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE COLLEGE RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE COLLEGE DID NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES AT JUNE 30, 20106 OR 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 45,819. PART XI, LINE 4B - OTHER ADJUSTMENTS: COLLEGE FUNDED SCHOLARSHIPS 5,680,749. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 45,819. PART XII, LINE 4B - OTHER ADJUSTMENTS: COLLEGE FUNDED SCHOLARSHIPS 5,680,749. SCHEDULE D, PART III, LINE 4 THE COLLEGES COLLECTION IS MADE UP OF RARE BOOKS, ART OBJECTS, AND ARTIFACTS OF HISTORICAL SIGNIFICANCE THAT ARE HELD FOR EDUCATIONAL AND HISTORICAL VALUE FOR CURRENT AND FUTURE GENERATIONS OF SAINT MARY-OF-THE-WOODS COLLEGE STUDENTS AND ALUMNI SCHEDULE D, PART V, LINE 4 THE ENDOWMENTS ARE RESTRICTED FOR THE FOLLOWING USES- INSTRUCTIONAL SUPPORT , TAKING THE LEAD CAMPAIGN GOALS, SCHOLARSHIPS AND AWARD PROGRAMS, FACILITIES MAINTENANCE AND ANY OTHER ACTIVITY THAT SUPPORTS THE MISSION OF THE COLLEGE. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVED FEDERAL AND STATE FINANCIAL AID FOR ITS ELIGIBLE STUDENTS. PRESIDENT'S GALA 50695 24000 26695 21647 3250 20922 50695 24000 26695 21647 3250 20922 45819 -19124 1 EDUCATIONAL SCHOLARSHIPS FOR ENROLLED STUDENTS 642 5680749 PART I, LINE 2: THE COLLEGE HAS POLICIES AND PROCEDURES IN PLACE THAT ARE FOLLOWED IN ORDER TO AWARD STUDENTS INSTITUTIONAL AID. X 1 1 X X X 0 0 0 0 0 0 0 0 0 DOTTIE KING PRESIDENT 175070 0 0 0 25000 0 10200 0 876 0 211146 0 0 0 SCHEDULE J, PART I, LINE 1A THE PRESIDENT OF THE COLLEGE IS GIVEN A HOUSING ALLOWANCE PER THE EMPLOYEE AGREEMENT AND THE TRAVEL FOR THE PRESIDENT'S SPOUSE IS PAID FOR SOME TRIPS. A INDIANA FINANCE AUTHORITY 351602316 2009-01-20 6625000 REFINANCING OF ORIGINAL BOND 0 0 0 A 437000 6625000 42125 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 0 1 0 0 0 1 X 12 218857 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 MARY KAY AND JOHN WATSON HAVE A FAMILY RELATIONSHIP. MARCIA SCHMIDT AND JEROME SCHMIDT HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS CONSIST OF THE GENERAL COUNSEL OF THE SISTERS OF PROVIDENCE. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE SISTERS OF PROVIDENCE ARE ELECTED BY THE CONGREGATION AND BY MEMBERS OF THE GENERAL COUNCIL, WHO WILL THEN BECOME MEMBERS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B THE COLLEGE MUST HAVE AN AFFIRMATIVE VOTE OF TWO-THIRDS OF MEMBERS OF THE SISTERS OF PROVIDENCE'S GENERAL COUNCIL TO CARRY OUT CERTAIN SIGNIFICANT CHANGES. THE MEMBERS OF THE GENERAL COUNCIL ARE ALSO MEMBERS OF THE CORPORATION. THESE CHANGES INCLUDE AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BY-LAWS, ANY REAL PROPERTY TRANSACTIONS, AND APPOINTMENT OF A TRUSTEE OR PRESIDENT OF THE COLLEGE. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY THE CFO. THE BOARD OF TRUSTEES, FINANCE COMMITTEE REVIEWS THE 990 AT THEIR BOARD MEETING AND A COPY IS E-MAILED TO ALL TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEE MEMBERS AND OFFICERS ARE REQUIRED TO SIGN A NEW CONFLICT OF INTEREST STATEMENT EACH YEAR AND ANY CONFLICTS ARE REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 KEY EMPLOYEE AND OFFICER SALARIES ARE COMPARED TO NATIONAL AVERAGES USING CUPA FIGURES AS A TARGET. THE COMPENSATION COMMITTEE OF THE BOARD REVIEWED THE PRESIDENT'S AND VICE PRESIDENT'S COMPENSATION AT A SPRING BOARD MEETING. THE PRESIDENT'S SALARY WAS FINALIZED IN MAY 2014 AND THE CONTRACT WAS SIGNED IN JUNE 2014. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE HAS POSTED SOME POLICIES ON ITS WEBSITE. FOR ALL OTHER POLICIES AND DOCUMENTATION, INDIVIDUALS INTERESTED CAN CONTACT THE BUSINESS OFFICE. COPIES OF THE COLLEGE'S 990 ARE PUBLISHED THROUGH GUIDESTAR OR REQUESTS CAN BE MADE THROUGH THE COLLEGE'S BUSINESS OFFICE. SISTERS OF PROVIDENCE 1 SISTERS OF PROVIDENCE ST MARY OF THE WOODS IN 47876 350868174 RELIGIOUS IN 501(C)(3) LINE 1 N/A 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0