2017-05-11T16:10:31-05:00 2016-06-30 910189318 MOSS ADAMS LLP PO BOX 22650 YAKIMA WA 989072650 990 2015-07-01 910564993 SAINT MARTIN'S UNIVERSITY SAIN 3604384534 5000 ABBEY WAY SE LACEY WA 98503 EDWARD J BARTON VICE PRESIDENT OF FINANCE 3604384534 2017-05-03 1 HANNA KORESKI P01362850 5092487750 2017-05-03 2015 2021-01-29 14:40:06Z ROY HEYNDERICKX 5000 ABBEY WAY SE LACEY WA 98503 50904261 0 X WWW.STMARTIN.EDU X 1895 WA SAINT MARTIN'S UNIVERSITY IS A CATHOLIC BENEDICTINE INSTITUTE OF HIGHER EDUCATION THAT EMPOWERS STUDENTS TO PURSUE A LIFETIME OF LEARNING AND ACCOMPLISHMENT IN ALL ARENAS OF HUMAN ENDEAVOR. 37 36 1095 27 243807 -33865 3303192 2488963 48142413 47404735 727753 27409 389793 527644 52563151 50448751 17120730 17050399 0 0 20018826 19280926 0 0 115844 14994305 15223639 52133861 51554964 429290 -1106213 83996060 81095459 44013053 44013866 39983007 37081593 X SAINT MARTIN'S STUDENTS LEARN TO MAKE A POSITIVE DIFFERENCE IN THEIR LIVES AND IN THE LIVES OF OTHERS THROUGH THE INTERACTION OF FAITH, REASON AND SERVICE. THE UNIVERSITY HONORS BOTH THE SACREDNESS OF THE INDIVIDUAL AND THE SIGNIFICANCE OF COMMUNITY IN THE ONGOING JOURNEY OF BECOMING. 0 0 11436317 42296759 HIGHER EDUCATION: INSTRUCTIONAL PROGRAMS AND RELATED SERVICES FOR ON-CAMPUS AND EXTENSION STUDENTS LEADING TO UNDERGRADUCATE AND GRADUATE DEGREES. SAINT MARTIN'S SERVES APPROXIMATELY 1,395 STUDENTS AT OUR MAIN CAMPUS IN LACEY, WA AND 386 STUDENTS AT OUR MILITARY EXTENSIONS. SAINT MARTIN'S OFFERS DEGREES IN ENGINEERING, BUSINESS, EDUCATION AND THE LIBERAL ARTS. 17050399 17050399 0 HIGHER EDUCATION: STUDENT FINANCIAL AID. SAINT MARTIN'S PROVIDES TUITION ASSISTANCE TO MORE THAN 95% OF ITS UNDERGRADUATE STUDENT BODY IN THE FORM OF, SCHOLARSHIPS, GRANTS AND LOANS. 4163233 4859358 HIGHER EDUCATION: AUXILIARY SERVICES INCLUDING FOOD SERVICE, BOOKSTORE AND STUDENT HOUSING. 10469797 HIGHER EDUCATION: STUDENT SERVICES FOR ON-CAMPUS AND EXTENSION STUDENTS LEADING TO UNDERGRADUATE AND GRADUATE DEGREES. 10469797 43119746 1 1 0 1 0 0 0 0 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 1 0 0 0 1 0 0 0 0 1 0 0 0 1 99 0 1 1095 1 1 1 0 0 0 0 1 1 0 0 0 0 X 37 36 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X EDWARD J BARTON 3604384534 5000 ABBEY WAY SE LACEY WA 98503 ROY F HEYNDERICKX PRESIDENT 40.00 X X 263565 0 83698 JOE WILLIAMS BOARD CHAIR 2.00 X X 0 0 0 RICHARD PANOWICZ VICE CHAIR 2.00 X X 0 0 0 BR BONIFACE V LAZZARI OSB SECRETARY 2.00 X X 0 0 0 FR BEDE CLASSICK OSB TREASURER 2.00 X X 0 0 0 ABBOT NEAL G ROTH OSB CHANCELLOR 2.00 X X 0 0 0 JOE ALONGI TRUSTEE 2.00 X 0 0 0 KEN ANDERSON TRUSTEE 2.00 X 0 0 0 ARMANDINO BATALI TRUSTEE 2.00 X 0 0 0 KATHY BEECHER TRUSTEE 2.00 X 0 0 0 JOHN CARR TRUSTEE 2.00 X 0 0 0 BRIAN CHARNESKI TRUSTEE 2.00 X 0 0 0 MEDRICE CULLUCIO TRUSTEE 2.00 X 0 0 0 SR JOYCE COX BVM TRUSTEE 2.00 X 0 0 0 WAITE DALRYMPLE TRUSTEE 2.00 X 0 0 0 BR LUKE DEVINE OSB TRUSTEE 2.00 X 0 0 0 LORI DRUMMOND TRUSTEE 2.00 X 0 0 0 DANIEL DUGAW TRUSTEE 2.00 X 0 0 0 GERRY GALLAGHER TRUSTEE 2.00 X 0 0 0 PHILIP HALL TRUSTEE 2.00 X 0 0 0 STEVE LEAHY TRUSTEE 2.00 X 0 0 0 KATHY LOMBARDO TRUSTEE 2.00 X 0 0 0 FR KILIAN MALVEY OSB TRUSTEE 2.00 X 0 0 0 MATT MARCUS TRUSTEE 2.00 X 0 0 0 FR JUSTIN MCCREEDY OSB TRUSTEE 2.00 X 0 0 0 TERRY MONAGHAN TRUSTEE 2.00 X 0 0 0 BR BEDE NICOL OSB TRUSTEE 2.00 X 0 0 0 KATHLEEN C O GRADY TRUSTEE 2.00 X 0 0 0 JOHN O'HALLORAN TRUSTEE 2.00 X 0 0 0 KATIE OPITZ TRUSTEE 2.00 X 0 0 0 GEORGE PARKER TRUSTEE 2.00 X 0 0 0 PATRICK RANTS TRUSTEE 2.00 X 0 0 0 RICHARD A RONEY TRUSTEE 2.00 X 0 0 0 FR STEPHEN ROWAN TRUSTEE 2.00 X 0 0 0 JAY C RUDD TRUSTEE 2.00 X 0 0 0 COURT STANLEY TRUSTEE 2.00 X 0 0 0 CYNTHIA WORTH TRUSTEE 2.00 X 0 0 0 MOLLY SMITH PROVOST 40.00 X 190177 0 30893 SUSAN HELTSLEY FORMER VP OF FINANCE UNTIL 2/1/16 40.00 X 119126 0 18602 EDWARD BARTON VP OF FINANCE SINCE 4/15/16 40.00 X 0 0 0 MELANIE RICHARDSON DEAN OF STUDENTS 40.00 X 105436 0 22377 JOACHIM BEER DEAN OF BUSINESS 40.00 X 142950 0 20355 CECELIA LOVELESS VICE PRESIDENT FOR INST ADV 40.00 X 116560 0 20573 JOSEPHINE YUNG VICE PRESIDENT OF INT'L PROGRAMS 40.00 X 106355 0 16791 GENEVIEVE CHAN VP MARKETING & COMMUNICATIONS 40.00 X 104720 0 29762 1148889 0 243051 11 0 1 0 BON APPETIT PO BOX 417632 BOSTON MA 022417632 FOOD SERVICES 2348253 ROYALL & COMPANY 1920 EAST PARHAM ROAD RICHMOND VA 232282206 MARKETING SERVICES 400775 ORBIS CASCADE 2288 OAKMONT WAY EUGENE OR 97401 LIBRARY PRODUCTS 183863 MILLER-NASH ATTORNEYS AT LAW PO BOX 3585 PORTLAND OR 972083585 ATTORNEY SERVICES 176406 BAKER UNDERGROUND 3403 STEAMBOAT ISLAND ROAD OLYMPIA WA 985024876 CONSTRUCTION SERVICES 167923 6 463521 731965 58180 1235297 117282 2488963 TUITION AND FEES 611310 42296759 42296759 AUXILLIARY ENTERPRISES 611310 4632445 4392597 235037 4811 MISC CAMPUS REVENUE 611310 475531 466761 8770 47404735 27916 27916 186900 0 186900 186900 186900 64831 65338 -507 -507 -507 730916 463521 390172 340744 340744 50448751 47156117 243807 559864 17050399 17050399 832378 832378 14619050 12075035 2471417 72598 1169524 966003 197713 5808 1419577 1176045 241072 2460 1240397 1043072 192959 4366 400060 400060 112212 112212 3114 3114 96511 96511 1670631 1157484 508412 4735 136428 60780 71931 3717 699917 519402 159810 20705 367145 191627 175518 959696 822353 137343 1505697 1255288 250409 1908072 1908072 2745056 2733562 11494 224605 52494 172111 FOOD SERVICE 2130691 2116398 13397 896 EQUIPMENT 565777 487535 77693 549 DUES AND SUBSCRIPTION 531172 361849 169323 REPAIRS AND MAINTENANCE 301153 258686 42457 10 865702 791734 73968 51554964 43119746 8319374 115844 2409552 1831668 3971593 1939701 99922 100649 2289396 2108202 271125 286870 93259372 37661284 55503556 55598088 13304304 14523922 3827407 3271549 947583 892207 0 0 1371622 542603 83996060 81095459 2451335 2572992 1349769 905984 28543693 27760187 0 516328 476882 11151928 12297821 44013053 44013866 X 23371844 21439062 5953676 3757078 10657487 11885453 39983007 37081593 83996060 81095459 X -1106213 -605545 -1189656 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 0 0 1 3114 0 0 0 3114 0 PART II-B, LINE 1: THE UNIVERSITY PAYS DUES OF $77,088.00 TO THE INDEPENDENT COLLEGES OF WASHINGTON, WHO CONDUCTS LOBBYING ACTIVITIES ON BEHALF OF THE UNIVERSITY. 4% OF THE DUES ARE DEVOTED TO LOBBYING. 17317429 1245998 -361696 642769 66640 17492322 16837641 686568 574949 716985 64744 17317429 15119759 420810 1990601 619402 74127 16837641 12673850 1655216 1538280 692332 55255 15119759 12591418 134481 394438 393793 52694 12673850 0.20040 0.67950 0.12010 1 0 76657235 25566573 51090662 9869043 7883974 1985069 6733094 4210737 2522357 55598088 GOVERNMENT GRANTS REFUNDABLE 972178 ANNUITIES PAYABLE 1787047 INTERESET RATE SWAP 9538596 12297821 X 32143112 -605545 149789 -18240055 -18695811 50838923 -390172 -390172 50448751 35044526 149789 390172 539961 34504565 17050399 17050399 51554964 PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 110 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. PART X, LINE 2: NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS SINCE THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). ADDITIONALLY, THE UNIVERSITY HAS DONE AN ASSESSMENT OF ANY UNCERTAIN TAX POSITIONS AS REQUIRED UNDER FASB ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (ASC 740), AND HAS DETERMINED IT CURRENTLY HAS NO UNCERTAIN TAX BENEFITS TO RECORD AS A LIABILITY AT JUNE 30, 2016 AND 2015. IN ADDITION, THE UNIVERSITY HAS NO MATERIAL UNRELATED BUSINESS INCOME SUBJECT TO TAX AT JUNE 30, 2016 AND 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: DISPLAY OF SCHOLARSHIPS -17,050,399. UNREALIZED GAIN ON INTEREST RATE SWAP -1,189,656. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE -390,172. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 390,172. PART XII, LINE 4B - OTHER ADJUSTMENTS: DISPLAY OF SCHOLARSHIPS 17,050,399. 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 ORGANIZATION PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH AN ADVERTISEMENT PLACED IN THE NEWSPAPER. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FUNDS FROM THE DEPARTMENT OF EDUCATION TO BE GIVEN OUT IN THE FORM OF GRANTS AND LOANS TO STUDENTS. THE UNIVERSITY ALSO PERIODICALLY RECEIVES FUNDS FROM FEDERAL AGENCIES FOR RESEARCH OR EQUIPMENT GRANTS. GALA 1159879 451821 708058 57753 309584 GOLF TOURNAMENT 34558 11700 22858 7255 1397 14183 1194437 463521 730916 7255 59150 323767 390172 340744 1 TUITION ASSISTANCE 900 17050399 PART I, LINE 2: ALL GRANTS REPRESENT INTERNAL TRANSFER OF FUNDS FROM ENDOWMENTS OR OTHER ACCOUNTS TO A REVENUE ACCOUNT FOR TUITION PAYMENTS. NO FUNDS ARE DISTRIBUTED DIRECTLY TO INDIVIDUALS. MERIT SCHOLARSHIPS AND SMU GRANT LEVELS ARE BASED ON THE STUDENT'S ENTERING GPA AND NEED. FOR INCOMING FRESHMAN, TEST SCORES ARE ALSO A FACTOR. PROVIDED THAT EACH STUDENT MAINTAINS THE REQUIRED GPA, DOES NOT EXCEED THE MAXIMUM TIMEFRAME FOR INSTITUTIONAL AID AND SUBMITS EITHER A FAFSA OR FAFSA WAIVER BY THE MARCH 1ST DEADLINE, THE STUDENT WILL BE ELIGIBLE FOR HIS/ HER MERIT SCHOLARSHIP OR SMU GRANT. X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 ROY F HEYNDERICKX PRESIDENT 263565 0 0 0 0 0 59952 0 23746 0 347263 0 0 0 MOLLY SMITH PROVOST 190177 0 0 0 0 0 15200 0 15693 0 221070 0 0 0 JOACHIM BEER DEAN OF BUSINESS 142950 0 0 0 0 0 11226 0 9129 0 163305 0 0 0 PART I, LINE 4 A CLAUSE IN THE UNIVERSITY PRESIDENT'S CONTRACT ENTITLES HIM TO ONE YEAR'S COMPENSATION AT THE COMPLETION OF A 5-YEAR TERM, STARTING IN 2011. IN MAY 2016, AT THE REQUEST OF THE UNIVERSITY PRESIDENT, THE BOARD OF TRUSTEES TERMINATED THE DEFERRED COMPENSATION AGREEMENT AND THE UNIVERSITY PRESIDENT ELECTED TO FORGO RECEIPT OR PAYMENT OF THE DEFERRED COMPENSATION ACCRUED UNDER THE 2011 CONTRACT. AS OF JUNE 30,2016, THE ACCRUED VALUE OF THE PRESIDENT'S DEFERRED COMPENSATION WAS $0. SCHEDULE J, PART 1, LINE 1A THE BOARD SHALL PAY OR REIMBURSE THE PRESIDENT AND PRESIDENT'S SPOUSE FOR REASONABLE ENTERTAINMENT EXPENSES, TRAVEL EXPENSES, HOTEL BILLS, AND OTHER NECESSARY EXPENSES TO FURTHER THE INTERESTS OF THE UNIVERSITY. AMOUNTS THAT ARE PERSONAL ARE INCLUDED IN TAXABLE WAGES. THE BOARD PROVIDES A TAXABLE HOUSING ALLOWANCE OF $30,000 PER YEAR AND A TAXABLE AUTOMOBILE ALLOWANCE OF $12,000 PER YEAR. THE BOARD WILL PROVIDE THE PRESIDENT, AT UNIVERSITY EXPENSE, WITH MEMBERSHIP IN BUSINESS CLUBS, SERVICE ORGANIZATIONS AND PROFESSIONAL ORGANIZATIONS THAT WOULD FURTHER THE INTERESTS OF THE UNIVERSITY. ANY PERSONAL USE OF THE MEMBERSHIP DUES ARE INCLUDED IN TAXABLE WAGES. A WASHINGTON HIGHER EDUCATION FACILITIES AUTHORITY 911306482 2014-04-24 33535000 CONSTRUCTION OF SCIENCE BUILDING AND INDUSTRIAL LAB & REFINANCING 2007 BOND 0 0 0 A 1545000 33535000 271857 29263143 4000000 2014 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 1 1 US BANK 18.000000000000 0 0 0 0 1 A 1 6000 SCHOLARSHIP SCHOLARSHIP 17178 SCHOLARSHIP SCHOLARSHIP X 4 64983 FAIR MARKET VALUE X GALA AUCTION 5 52299 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 PER THE SAINT MARTIN'S UNIVERSITY BYLAWS, A CAPITULAR OF THE RELIGIOUS HOUSE, KNOWN AS THE MONASTIC COMMUNITY KNOWN AS SAINT MARTIN'S ABBEY, HAS THE RIGHT TO PARTICIPATE IN THE UNIVERSITY'S GOVERNANCE EVEN THOUGH THEY ARE NOT A MEMBER OF THE BOARD OF TRUSTEES. SOME OF THE DECISIONS A CAPITULAR VOTES ON ARE TO ESTABLISH THE PHILOSOPHY AND MISSION ACCORDING TO WHICH THE UNIVERSITY OPERATES; TO AMEND THE ARTICLES OF INCORPORATION OR BYLAWS; TO CONVEY AN INTEREST IN REAL PROPERTY, TO INCUR INDEBTEDNESS SECURED BY ANY REAL OR PERSONAL PROPERTY OWNED BY THE UNIVERSITY; AND TO APPOINT A CERTIAN NUMBER OF CAPITULARS TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A THE CHANCELLOR, THE SECRETARY, AND THE TREASURER, AS MEMBERS OF THE ABBEY, ARE DEEMED MEMBER-TRUSTEES. THE MEMBERS OF THE ABBEY MAY ELECT ADDITIONAL MEMBERS OF THE ABBEY TO SERVE AS MEMBER-TRUSTEES IN SUCH NUMBER AS THE MEMBERS DETERMINE. FORM 990, PART VI, SECTION A, LINE 7B DURING THE 2015 TAX YEAR, THE CAPITULARS ELECTED NEW MEMBERS TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE 990 IS PROVIDED, VIA A SECURE INTERNET PORTAL, TO THE ENTIRE BOARD FOR THEIR REVIEW PRIOR TO SUBMISSION OF THE RETURN. THE VICE PRESIDENT OF FINANCE REVIEWS THE RETURN IN A GROUP FORUM WITH ALL AVAILABLE MEMBERS. SCHEDULE B, SCHEDULE OF CONTRIBUTORS, IS NOT PROVIDED TO THE BOARD OF TRUSTEES, OR MADE PUBLIC. FORM 990, PART VI, SECTION B, LINE 12C ARTICLE XIV SECTION 1 OF THE UNIVERSITY BYLAWS REQUIRED EACH TRUSTEE TO PROVIDE A STATEMENT AT LEAST ANNUALLY, SETTING FORTH ALL BUSINESS AND OTHER AFFILIATIONS THAT RELATED IN ANY WAY TO THE BUSINESS OF THE UNIVERSITY. THE UNIVERSITY SHALL NOT KNOWINGLY ENTER INTO ANY CONTRACT OR OTHER TRANSACTION IF AN EMPLOYEE, OFFICER, TRUSTEE OR COMMITTEE MEMBER HAS A CONFLICT OF INTEREST CONCERNING A PROPOSED GRANT, CONTRACT OR TRANSACTION UNLESS CERTAIN CONDITIONS ARE MET. INDIVIDUALS WHO DISCLOSE A CONFLICT OF INTEREST MAY NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM AT ANY BOARD OR COMMITTEE MEETING THAT APPROVES OR AUTHORIZES A CONTRACT OR TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A SAINT MARTIN'S UNIVERSITY HAS A COMPENSATION COMMITTEE THAT MEETS QUARTERLY TO REVIEW COMPENSATION AND BENEFITS FOR THE PRESIDENT. THE BOARD HAS TO APPROVE THE PRESIDENT'S SALARY ON A SALARY SURVEY DONE BY THE ASSOCIATE VP FOR HUMAN RESOURCES. THE PRESIDENT'S SALARY IS REVIEWED YEARLY, AND WAS LAST REVIEWED WHEN HIS NEW CONTRACT WAS APPROVED IN FEBRUARY 2016. FORM 990, PART VI, SECTION C, LINE 19 SAINT MARTIN'S UNIVERSITY MAKES ITS FINANCIAL INFORMATION AVAILABLE TO THE PUBLIC BY POSTING THE AUDITED FINANCIAL STATEMENTS ON THE UNIVERSITY WEBSITE. OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON INTEREST RATE SWAP -1,128,385. CHANGE IN VALUE OF SPLIT- INTEREST AGREEMENTS -61,271. SAINT MARIN'S ABBEY 5000 ABBEY WAY SE LACEY WA 98503 911010006 BENEDICTINE MONASTERY WA 501(C)(3) LINE 1 THE ABBEY CORPORATION 0 CHARITABLE REMAINDER TRUST (8) 5000 ABBEY WAY SE LACEY WA 98503 CHARITABLE TRUST WA T 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0