2016-02-11T14:51:02-06:00 2015-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2014-07-01 410711610 UNIVERSITY OF NORTHWESTERN - ST PAUL UNIV 6516315100 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 DOUGLAS R SCHROEDER VP OF BUSINESS/CFO 6516315100 2016-02-01 1 KAREN GRIES P00078514 6123764500 2014 2016-08-17 19:52:53Z DR ALAN CURETON 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 99826117 0 X WWW.UNWSP.EDU X 1902 MN TO ENCOURAGE SPIRITUAL & INTELLECTUAL GROWTH IN A NONDENOMINATIONAL CHRISTIAN UNIVERSITY. 18 17 1951 1402 1561571 0 24177247 20406344 72541719 72968825 843205 938756 168303 275266 97730474 94589191 17414928 17559246 0 0 36587159 38046386 1142604 965117 3850248 31827994 33032171 86972685 89602920 10757789 4986271 117240199 120320301 39186818 37593948 78053381 82726353 X FOUNDED IN 1902, UNIVERSITY OF NORTHWESTERN - ST. PAUL IS A NONDENOMINATIONAL CHRISTIAN UNIVERSITY THAT INTEGRATES THE EDUCATIONAL PHILOSOPHY OF "FAITH, LEARNING AND LIVING" THROUGH TWO AREAS OF FOCUS: HIGHER EDUCATION AND MEDIA. THE MISSION OF THE UNIVERSITY IS TO EQUIP BELIEVERS TO GROW INTELLECTUALLY AND SPIRITUALLY, TO SERVE EFFECTIVELY IN THEIR PROFESSIONS, AND TO GIVE GOD-HONORING LEADERSHIP IN THE HOME, CHURCH, COMMUNITY AND WORLD. 0 0 50270747 17559246 67679298 UNIVERSITY OF NORTHWESTERN:THE UNIVERSITY OF NORTHWESTERN - ST. PAUL, A PRIVATE CHRISTIAN LIBERAL ARTS UNIVERSITY, ENROLLS MORE THAN 3,400 STUDENTS. THE COLLEGE OF GRADUATE & ADULT EDUCATION (CAGS), SERVING 400+ STUDENTS, INCLUDES THE FOCUS ADULT UNDERGRADUATE PROGRAM AND THE CENTER FOR GRADUATE STUDIES. UNDERGRADUATE PATHWAYS INCLUDES POSTSECONDARY ENROLLMENT OPTIONS (PSEO), EARLY COLLEGE, COLLEGE IN THE SCHOOLS, AND ONLINE LEARNING, AND SERVES MORE THAN 1,300 STUDENTS. NORTHWESTERN'S 107-ACRE LAKESIDE CAMPUS IN SUBURBAN SAINT PAUL, MINNESOTA HAS 17 ACADEMIC AND RESIDENTIAL BUILDINGS. NORTHWESTERN IS A COMMUNITY IN WHICH ALL LEARNING IS FRAMED WITHIN THE CONTEXT OF A CHRISTIAN WORLDVIEW. IN ADDITION TO A MAJOR OF CHOICE (WITH MORE THAN 70 MAJOR AREAS OF STUDY), THE STUDY OF THE BIBLE IS A CORE CURRICULUM REQUIREMENT FOR ALL STUDENTS. DAILY CHAPEL IS AN INTEGRAL PART OF THE TRADITIONAL PROGRAM WHERE STUDENTS HEAR WORLD-RENOWNED SPEAKERS AND PARTICIPATE IN PRAISE AND WORSHIP. NORTHWESTERN'S MORE THAN 30,000 ALUMNI POSITIVELY IMPACT SOCIETY THROUGH CAREERS IN LAW, EDUCATION, MEDICINE, GOVERNMENT, BUSINESS, MEDIA AND TECHNOLOGY AND FORTUNE 500 BUSINESSES, AS WELL AS IN MISSIONS, CHURCHES AND PARACHURCH ORGANIZATIONS. 12735996 0 5289527 NORTHWESTERN MEDIA:NORTHWESTERN'S MEDIA FOCUS BEGAN IN MINNEAPOLIS, THANKS TO $44,000 GENERATED BY NORTHWESTERN STUDENTS. NORTHWESTERN PRESIDENT BILLY GRAHAM GAVE THE FIRST ON-AIR PRAYER IN 1949 AND TODAY NORTHWESTERN OWNS AND OPERATES 15 NONCOMMERCIAL LISTENER-SUPPORTED CHRISTIAN RADIO STATIONS IN MINNESOTA, NORTH AND SOUTH DAKOTA, IOWA, WISCONSIN AND KANSAS, WITH A TOTAL AUDIENCE OF MORE THAN 1 MILLION LISTENERS EACH WEEK. NORTHWESTERN MEDIA'S LISTENERS PROVIDE OVER 75% OF THE FUNDING TO SUPPORT THIS MINISTRY ($13,598,711 IN FISCAL YEAR 14/15). NORTHWESTERN STATIONS UTILIZE THEIR INFLUENCE IN THE MARKETS THEY SERVE TO REACH BEYOND THEIR OWN MINISTRY. FOOD SHELVES ARE STOCKED THROUGH NORTHWESTERN RADIO-SPONSORED CONCERT EVENTS, TENS OF THOUSANDS OF SHOE BOXES ARE COLLECTED AT NORTHWESTERN-OWNED RADIO STATIONS FOR OPERATION CHRISTMAS CHILD AND BACKPACKS FILLED WITH SCHOOL SUPPLIES FOR INNER-CITY YOUTH. NORTHWESTERN'S MEDIA MINISTRY ALSO REACHES BEYOND THE UNITED STATES THROUGH FINANCIAL AND TECHNOLOGICAL PARTNERSHIPS WITH CHRISTIAN RADIO STATIONS IN KENYA, UGANDA, BELIZE, ECUADOR AND MONGOLIA. 63006743 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 1 0 0 1 0 1 1 0 0 1 1 1 1 0 0 1 204 0 1951 1 1 1 0 0 0 0 1 1 0 0 0 0 X 18 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X DOUGLAS SCHROEDER 6516315100 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 DR ALAN CURETON PRESIDENT 45.00 2.00 X X 319542 0 24538 GROVER SAYRE III CHAIR 2.00 2.00 X X 0 0 0 DANIEL E STOLTZ VICE CHAIR 2.00 2.00 X X 0 0 0 DR SARA A ROBERTSON SECRETARY 2.00 0.00 X X 0 0 0 THOR BECKEN TRUSTEE 2.00 0.00 X 0 0 0 ALICIA BELTON TRUSTEE 2.00 0.00 X 0 0 0 WALLACE BERG TRUSTEE EMERITUS 2.00 0.00 X 0 0 0 DR MEGAN DOYLE TRUSTEE 2.00 0.00 X 0 0 0 DRDONALD ERICKSON TRUSTEE EMERITUS 2.00 0.00 X 0 0 0 STAN ERICKSON TRUSTEE 2.00 2.00 X 0 0 0 GINGER EWING TRUSTEE 2.00 0.00 X 0 0 0 MARY EDWARDS TRUSTEE 2.00 0.00 X 0 0 0 RONALD HALVERSON TRUSTEE 2.00 2.00 X 0 0 0 DR BILL HAMEL TRUSTEE 2.00 0.00 X 0 0 0 DR GEORGE KENWORTHY TRUSTEE 2.00 0.00 X 0 0 0 CAROLE LEHN TRUSTEE 2.00 0.00 X 0 0 0 LAUREN LIBBY TRUSTEE 2.00 0.00 X 0 0 0 ARNOLD LINDSTAND TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL MELOCH TRUSTEE 2.00 0.00 X 0 0 0 RUSS REYNOLDS TRUSTEE 2.00 0.00 X 0 0 0 GARY SHAFFER TRUSTEE EMERITUS 2.00 0.00 X 0 0 0 DAVID VENBERG TRUSTEE 2.00 0.00 X 0 0 0 STEWART VAN DUZER TRUSTEE 2.00 0.00 X 0 0 0 DOUGLAS R SCHROEDER VP OF BUSINESS/CFO/TREASUR 45.00 2.00 X 149093 0 20982 DR PAUL VIRTS SR. VP OF MEDIA 45.00 0.00 X 148361 0 20505 DR JANET SOMMERS SR. VP FOR ACADEMIC AFFAIR 45.00 0.00 X 142692 0 24142 AMY BRAGG CAREY VP FOR INSTITUTIONAL ADVAN 45.00 0.00 X 143737 0 24099 RICHARD WHITWORTH ASST VP OF MEDIA/HOME OFFICE 45.00 0.00 X 118700 0 22166 DR CLYDE BILLINGTON PROFESSOR 45.00 0.00 X 121023 0 9165 1143148 0 145597 16 0 1 0 PCL CONSTRUCTION SERVICES INC 12200 NICOLLET AVENUE S BURNSVILLE MN 55337 CONSTRUCTION 4978970 ELLUCIAN COMPANY LP 4375 FAIR LAKES CT FAIRFAX VA 22033 TECHNOLOGY MANAGEMENT SERVICES 2947401 BON APPETIT MANAGEMENT COMPANY 1701 AMERICAN BLVD E 8 BLOOMINGTON MN 55425 FOOD SERVICE 2926594 THE PURSUANT GROUP INC 5151 BELT LINE RD STE 900 DALLAS TX 75254 FUNDRAISING 1058950 PERKINS & WILL INC 84 S 10TH ST 200 MINNEAPOLIS MN 55403 ARCHITECT 434899 32 51470 293654 20061220 505350 20406344 TUITION AND FEES 611600 53930005 53930005 STUDENT RESIDENT HOUS. 531110 5546244 5546244 RADIO AND AUXILIARY 722320 5289527 4015576 1273951 SERVICE FEES 611710 4519037 4519037 FOOD SERVICE 611710 3027902 3027902 656110 656110 72968825 687249 687249 353523 65903 287620 287620 287620 5388416 5136909 251507 251507 251507 21760 51470 34114 -12354 -12354 94589191 57945581 1561571 14675695 224793 224793 17334453 17334453 472373 472373 30253117 23575819 5288891 1388407 1190754 869470 253220 68064 3968714 3785946 160683 22085 2161428 1647574 400715 113139 216125 130343 85782 72520 87 72433 965117 965117 122818 122818 4337052 3007868 1044331 284853 873634 523053 228773 121808 2781818 1524903 1076237 180678 4116898 558366 3295285 263247 2895461 1245957 1628360 21144 1311029 1111145 135465 64419 142501 90833 44120 7548 685847 83475 602372 5294629 5229228 65401 1120095 906623 208493 4979 FOOD & MEALS 3591644 3467794 49111 74739 TUITION REIMBURSEMENTS 1480311 97804 1277665 104842 SUPPLIES 1006951 587316 400194 19441 REPAIRS & MAINTENANCE 964785 658427 287705 18653 2018053 1574694 381675 61684 89602920 63006743 22745929 3850248 X 1874488 1757162 0 117326 7485587 10417530 12055140 8341316 2710273 2933616 3054623 2673352 212000 170000 297158 337477 570832 452518 136131329 65054275 67183260 71077054 12388061 12768195 2732335 2674145 7394768 7298119 1156162 1176979 117240199 120320301 8329179 6294458 1448284 1512040 19720000 24340000 5795593 1665911 3893762 3781539 39186818 37593948 X 61972616 65304573 7498616 7613604 8582149 9808176 78053381 82726353 117240199 120320301 X 4986271 -432981 119682 X 0 1 X 1 1 1 X 13611348 15644165 17399025 24177247 20406344 91238129 13611348 15644165 17399025 24177247 20406344 91238129 2112676 89125453 587903 549202 743549 432889 564431 2877974 115 115 94116218 340060956 0.94700 0.94140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 1 642 642 0 PART II-B, LINE 1: THE UNIVERSITY PAID MEMBERSHIP DUES TO ORGANIZATIONS WHERE THE DUES COVERED A PORTION OF LOBBYING EXPENSES. THE UNIVERSITY DID NOT CONDUCT ANY OF ITS OWN DIRECT OR GRASSROOTS LOBBYING. 135000 791657 X X X 0 16067895 949029 226696 747004 16496616 14830139 214201 1652748 629193 16067895 14071312 564509 803401 609083 14830139 14464730 362678 47256 803352 14071312 11591948 747961 2287393 162572 14464730 0.18460 0.68750 0.12790 1 1 1 4958291 4958291 105244174 42954161 62290013 549646 549646 0 24526091 21550468 2975623 853127 853127 71077054 TRUST AND ANNUITY OBLIGATIONS 193526 REFUNDABLE US GOV'T STUDENT LOAN FUNDS 2304746 ASSET RETIREMENT OBLIGATION 782278 INTEREST RATE SWAP LIABILITY 500989 3781539 X PART III, LINE 4: THE UNIVERSITY HOLDS AN ART COLLECTION, WHICH FURTHERS OUR EDUCATIONAL EXEMPT PURPOSE BY PROVIDING ART STUDENTS WITH VARIOUS EXAMPLES OF ARTWORK FOR SCHOLARLY RESEARCH. PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO PROVIDE SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE FOR STUDENTS. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE UNIVERSITY 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 UNIVERSITY HAS ADOPTED 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 UNIVERSITY'S CONSOLIDATED FINANCIAL STATEMENTS. 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 POLICY IS CONTAINED IN ALL REGISTRATION AND PROMOTIONAL MATERIALS. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES THE FOLLOWING FEDERAL FUNDING: WORK STUDY, PERKINS LOANS, PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, AND THE FEDERAL DIRECT LOAN PROGRAM. X X X X X X X 1 THE PURSUANT GROUP INC 5151 BELT LINE RD 900 DALLAS TX 75254 MARKETING 0 1744133 532922 1211211 TODD DEXTER & ASSOCIATES LLC 3705 STONINGTON DR PLANO TX 75093 MARKETING 0 1092733 364956 727777 MDS COMMUNICATIONS CORPORATION 545 W JUANITA AVE MESA AZ 85210 TELEPHONE FUNDRAISING SERVICES 0 272422 67239 205183 3109288 965117 2144171 AK CA GA KS KY ME MA MS MN MO NE NC OR RI TN UT VA WV DE HI ID LA MT NE SD TX VT WY CT WI GOLF CLASSIC EVENT 73230 51470 21760 6579 12900 10221 4414 73230 51470 21760 6579 12900 10221 4414 34114 -12354 1 NORTHWESTERN FOUNDATION 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 411878924 501(C)(3) 74405 N/A N/A GENERAL OPERATING SUPPORT FAR EAST BROADCASTING COMPANY PO BOX 1 LA MIRADA CA 90637 951461574 501(C)(3) 25000 N/A N/A MEDIA MISSIONS GIVING 2 0 SCHOLARSHIPS & TUITION ASSISTANCE 1568 17334453 N/A N/A PART I, LINE 2: THE UNIVERSITY MAKES CONTRIBUTIONS TO NORTHWESTERN FOUNDATION, A RELATED ORGANIZATION UNDER COMMON MANAGEMENT. FOR THE GRANTS TO UNRELATED ORGANIZATIONS, SENIOR MANAGEMENT GENERALLY MONITORS RECIPIENT SPENDING VIA COMMUNICATION WITH THE ORGANIZATIONS TO SEE HOW OPERATIONS ARE RUNNING. A SITE VISIT BY SENIOR MANAGEMENT MAY ALSO BE CONDUCTED TO CHECK THE STATUS OF THE ORGANIZATION AND/OR MONITOR THE PROGRESS OF THE INTENDED PROJECT. SCHOLARSHIPS AND GRANTS FOR STUDENTS ARE APPLIED DIRECTLY TO A STUDENT'S UNIVERSITY ACCOUNT AND APPLIED TO TUITION, FEES, ROOM AND BOARD. ALL FINANCIAL AID IS SUBJECT TO REVISION BASED ON AVAILABILITY, CHANGES IN FAMILY CONTRIBUTION AND/OR CREDIT LOAD. SATISFACTORY ACADEMIC PROGRESS MUST BE MAINTAINED ACCORDING TO STANDARDS PRESCRIBED BY THE UNIVERSITY. ANNUAL RENEWAL OF FINANCIAL AID IS CONTINUOUS IF INSTITUTIONAL FINANCIAL NEED REMAINS, ALL REQUIRED DOCUMENTS ARE COMPLETED BY THE PUBLISHED DEADLINE AND SATISFACTORY ACADEMIC PROGRESS IS MAINTAINED CONSISTENT WITH THE UNIVERSITY'S POLICY. X X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 DR ALAN CURETON PRESIDENT 240000 0 0 0 79542 0 12185 0 12353 0 344080 0 0 0 DOUGLAS R SCHROEDER VP OF BUSINESS/CFO/TREASUR 149093 0 0 0 0 0 8843 0 12139 0 170075 0 0 0 DR PAUL VIRTS SR. VP OF MEDIA 148361 0 0 0 0 0 8440 0 12065 0 168866 0 0 0 DR JANET SOMMERS SR. VP FOR ACADEMIC AFFAIR 142692 0 0 0 0 0 8847 0 15295 0 166834 0 0 0 AMY BRAGG CAREY VP FOR INSTITUTIONAL ADVAN 143737 0 0 0 0 0 8806 0 15293 0 167836 0 0 0 PART I, LINE 1A TAX GROSS-UP PAYMENTS: DR. CURETON - TAX GROSS UP FOR THE MORTGAGE FORGIVENESS - INCLUDED IN TAXABLE COMPENSATION. HOUSING ALLOWANCES: DR. CURETON - MORTGAGE FORGIVENESS, INCLUDED IN TAXABLE COMPENSATION. SOCIAL CLUB DUES: DR. CURETON - NOT INCLUDIBLE IN TAXABLE COMPENSATION. PERSONAL SERVICES: DR. CURETON - NOT INCLUDIBLE IN TAXABLE COMPENSATION. A PUBLIC FINANCE AUTHORITY 273866124 2014-07-01 25320000 DEBT CONSOLIDATION, ATHLETIC COMPLEX RENOVATION, STUDENT HOUSING ACQUISITION 0 0 0 A 980000 25320000 6200000 19120000 2014 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: PUBLIC FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 07/15/2014 DR ALAN CURETON PRESIDENT LOAN FOR MORTGAGE X 350000 170000 0 1 1 170000 DR CURETON'S SPOUSE SPOUSE OF PRESIDENT 22134 EMPLOYMENT COMPENSATION 0 X 1 135000 APPRAISAL X 1200 ESTIMATED VALUE X 3800 ESTIMATED VALUE X 37 294740 STOCK MARKET QUOTES X EQUIPMENT 5 45477 ESTIMATED VALUE X GRAIN 19 25133 ESTIMATED VALUE 2 0 1 0 PART I, COLUMN (B): THE UNIVERSITY REPORTS THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B). FORM 990, PART VI, SECTION A, LINE 1 UNIVERSITY OF NORTHWESTERN - ST. PAUL HAS AN EXECUTIVE COMMITTEE, CONSISTING OF THE CHAIR, VICE-CHAIR AND SECRETARY OF THE BOARD OF TRUSTEES, THE PRESIDENT OF THE UNIVERSITY, AND THE CHAIR OF EACH OF THE STANDING COMMITTEES OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES ON ALL MATTERS EXCEPT FOR THE FOLLOWING, WHICH ARE RESERVED FOR THE FULL BOARD OF TRUSTEES: PRESIDENTIAL SELECTION AND TERMINATION, TRUSTEE AND BOARD OFFICER SELECTION, CHARTER AND BYLAW AMENDMENT, CHANGING THE INSTITUTION'S MISSION, INCURRING CORPORATE INDEBTEDNESS BEYOND WHAT THE BOARD OF TRUSTEES HAS AUTHORIZED BY RESOLUTION, APPROVAL OF THE ANNUAL BUDGET, AND CONFERRAL OF DEGREES. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY'S CONFLICT OF INTEREST POLICY APPLIES TO ITS BOARD OF TRUSTEES, OFFICERS AND MANAGEMENT EMPLOYEES. IT IS THE RESPONSIBILITY OF ALL INTERESTED PERSONS TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST AS SOON AS THEY BECOME AWARE OF THEM. DISCLOSURES ARE MADE TO THE PRESIDENT OF THE UNIVERSITY OR THE CHAIR OF THE BOARD OF TRUSTEES, AS APPROPRIATE, WHO BRING THE MATTER TO THE ATTENTION OF THE ENTIRE BOARD OF TRUSTEES. THE BOARD THEN DETERMINES IF A CONFLICT EXISTS, WHETHER IT IS MATERIAL, AND WHETHER IT IS JUST, FAIR AND REASONABLE TO UNIVERSITY OF NORTHWESTERN - ST. PAUL. THE INTERESTED PERSON LEAVES THE ROOM FOR DISCUSSIONS INVOLVING, AND MAY NOT VOTE ON, THE RELEVANT CONTRACT OR TRANSACTION. WHEN THERE IS A CONFLICT OF INTEREST DURING A BOARD MEETING DISCUSSION, IT IS NOTED IN THE BOARD MINUTES THAT THE PERSON(S) WITH THE CONFLICT LEFT THE ROOM FOR THE COURSE OF THE DISCUSSION. FORM 990, PART VI, SECTION B, LINE 15A PRESIDENT OF UNIVERSITY OF NORTHWESTERN - ST. PAUL: NORTHWESTERN RECEIVES COMPARISON DATA FROM THREE MAIN SOURCES: (1) COUNCIL FOR CHRISTIAN COLLEGES AND UNIVERSITIES, (2) CUPA AND (3) YAFFE & CO. ALL THREE OF THESE SOURCES TARGET HIGHER EDUCATION COMPENSATION. THE OFFICE OF HUMAN RESOURCES IS RESPONSIBLE FOR REVIEWING THE SURVEYS RELATED TO TOP MANAGEMENT AS WELL AS ALL EMPLOYEES AND ENSURE THAT WAGES ARE WITHIN AN APPROPRIATE RANGE. THE PRESIDENT'S SALARY WAS OFFICIALLY REVIEWED BY THE BOARD OF TRUSTEES. THE LAST REVIEW WAS COMPLETED IN 2015 FOR PRESIDENT, A. CURETON. OTHER OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES: UNIVERSITY OF NORTHWESTERN - ST. PAUL HAS A FORMAL SALARY PROGRAM WITH SALARY GRADES AND SALARY RANGES FOR POSITIONS. UNIVERSITY OF NORTHWESTERN - ST. PAUL ANNUALLY PARTICIPATES IN MULTIPLE SALARY SURVEYS AND ALSO REVIEWS LOCAL SALARY DATA TO DETERMINE SALARY GRADE RANGES. ANNUALLY, THE PROCESS IS REVIEWED BY HUMAN RESOURCES AND SALARY GRADE INCREASES ARE MADE TO THE MINIMUM, MIDPOINT AND MAXIMUM OF THE PAY RANGE. ANNUALLY, VICE PRESIDENT SALARIES ARE REVIEWED BY THE PRESIDENT. THE PRESIDENT HAS ACCESS TO SALARY SURVEY DATA AND FROM THERE A REQUEST FOR SALARY CHANGE IS MADE BY THE PRESIDENT AND PRESENTED TO HUMAN RESOURCES FOR REVIEW AND PROCESSING. THE LAST REVIEW INCLUDED COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION WAS IN 2015 FOR VP OF FINANCE, D. SCHROEDER AND OTHER VICE PRESIDENTS. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF ANNUITIES, TRUSTS 23,675. CHANGE IN VALUE OF INTEREST RATE SWAP 96,007. LINCOLN DRIVE PROPERTIES LLC 3003 SNELLING AVENUE NORTH ROSEVILLE MN 55113 205476148 REAL ESTATE MN 146197 3402599 UNIVERSITY OF NORTHWESTERN - ST PAUL UNW STUDENT HOUSING LLC 3003 SNELLING AVENUE NORTH ROSEVILLE MN 55113 411930109 STUDENT HOUSING MN 280394 8602734 UNIVERSITY OF NORTHWESTERN - ST PAUL NORTHWESTERN FOUNDATION 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 411878924 EDUCATION FOUNDATION MN 501(C)(3) LINE 7 UNIVERSITY OF NORTHWESTERN - ST PAUL 1 CHARITABLE REMAINDER TRUSTS (4) TRUSTS MN UNIVERSITY OF NORTHWESTERN - ST PAUL T 1 0 1 1 0 0 0 0 0 0 1 0 1 1 1 1 1 1 0 0 NORTHWESTERN FOUNDATION B 125001 FMV NORTHWESTERN FOUNDATION C 293654 FMV NORTHWESTERN FOUNDATION L 64030 FMV NORTHWESTERN FOUNDATION M 86400 FMV