2016-05-12T08:49:30-05:00 2015-12-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2015-01-01 411703838 SAINT MARY'S PRESS OF MINNESOTA SAIN 5074577900 702 TERRACE HEIGHTS WINONA MN 559871320 STEVE SKIFTON CFO 5074577900 2016-04-27 1 LARRY ADAMS P01314654 6123764500 2015 2016-09-27 15:27:22Z JOHN VITEK 702 TERRACE HEIGHTS WINONA MN 559871320 13457656 0 X WWW.SMP.ORG X 1991 MN OUR PRIMARY PURPOSE IS TO DEVELOP EDUCATIONAL MATERIALS WITH A FOCUS ON RELIGIOUS EDUCATION. 9 8 81 10 0 0 0 0 0 0 158218 147091 4777303 4100320 4935521 4247411 48307 59397 0 0 2915452 2434321 0 0 0 1722386 1463614 4686145 3957332 249376 290079 17560150 17989638 707158 1009247 16852992 16980391 TO DEVELOP EDUCATIONAL MATERIALS WITH A FOCUS ON RELIGIOUS EDUCATION. 0 0 1598831 59397 4081779 DISTRIBUTION OF RELIGIOUS EDUCATION MATERIALS TO VARIOUS SCHOOLS AND BOOKSTORES INCLUDING EDITING AND PRINTING OF RELIGIOUS TEXTS. 1598831 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 165 0 81 1 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 0 MN X STEVE SKIFTON 5074577900 702 TERRACE HEIGHTS WINONA MN 559871320 JOHN VITEK CEO/PRESIDENT/DIRECTOR 40.00 0.00 X X 169293 0 27820 CHERI BROADHEAD DIRECTOR 1.00 0.00 X 0 0 0 MARIA CAPOUCH DIRECTOR 1.00 0.00 X 0 0 0 BARBARA DAUSH DIRECTOR 1.00 0.00 X 0 0 0 HEATHER FERRO DIRECTOR 1.00 0.00 X 0 0 0 BR THOMAS JOHNSON DIRECTOR 1.00 0.00 X 0 0 0 WALTER JUNGBAUER DIRECTOR 1.00 0.00 X 0 0 0 ROBERT MCCARTY DIRECTOR 1.00 0.00 X 0 0 0 BR MICHAEL QUIRK DIRECTOR 1.00 40.00 X 0 0 0 JUDITH SCHAEFER DIRECTOR 1.00 0.00 X 0 0 0 DAN WALLEK DIRECTOR 1.00 0.00 X 0 0 0 STEVE SKIFTON TREASURER/CFO 40.00 0.00 X 108834 0 31763 PAM CONLEY ASSISTANT TREASURER 40.00 0.00 X 47212 0 25168 CATHY ESPY ASSISTANT SECRETARY 40.00 0.00 X 64772 0 27172 CAREN YANG ASSISTANT SECRETARY 40.00 0.00 X 93928 0 13382 JAMES GELLER SALES & MARKETING DIRECTOR 40.00 0.00 X 102825 0 37153 586864 0 162458 3 0 1 0 RR DONNELLEY PO BOX 905151 CHARLOTTE NC 282905151 PRINTED BIBLES AND TEXTBOOKS 1039957 THE NERDERY LLC 9555 JAMES AVE S STE 245 BLOOMINGTON MN 55431 DIGITAL BOOK PLATFORM 871890 DICKINSON PRESS PO BOX 72100 CLEVELAND OH 44192 PRINTED BIBLES AND TEXTBOOKS. 519602 UPS PO BOX 7247-0244 PHILADELPHIA PA 191700001 SHIPPING SERVICES 324591 IMAGO SALES (USA) INC 110 WEST 40TH ST 26TH FL NEW YORK NY 10018 PRINTED BIBLES AND TEXTBOOKS 125119 7 148222 148222 4035151 7869 4035151 9000 0 -1131 -1131 -1131 9247873 5166094 4081779 4081779 MISCELLANEOUS 090099 18541 18541 18541 4247411 4081779 0 165632 59397 59397 609343 39423 569920 1430010 786618 643392 108370 68437 39933 149934 82230 67704 136664 61591 75073 12643 12643 15092 15092 185644 4964 180680 215322 212972 2350 13156 13156 187384 187384 61465 61465 134228 134228 209487 162021 47466 288417 98397 190020 SHIPPING, PRINTING, POS 63184 63184 MISCELLANEOUS 52405 52405 COLLEGE DIVISION 22781 22781 PRODUCT DEVELOPMENT 2406 2406 3957332 1598831 2358501 0 631980 804184 602217 498874 1520895 1699983 109692 93940 6545080 3921961 2117866 2623119 12106060 11787067 471440 482471 17560150 17989638 373561 739850 333597 269397 707158 1009247 X 16852992 16980391 16852992 16980391 17560150 17989638 290079 -162680 0 X 0 1 X 1 0 X 9156289 9336362 10663796 9788345 9247873 48192665 9156289 9336362 10663796 9788345 9247873 48192665 0 1943314 2171651 2598658 2795291 2846491 12355405 1943314 2171651 2598658 2795291 2846491 12355405 35837260 129585 125601 116356 147208 148222 666972 129585 125601 116356 147208 148222 666972 -14448 -5580 3609 18541 2122 9271426 9456383 10780152 9939162 9414636 48861759 0.73340 0.74740 0.01370 0.01410 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2011 AMOUNT: $ -14,448. 2012 AMOUNT: $ -5,580. 2014 AMOUNT: $ 3,609. 2015 AMOUNT: $ 18,541. 3005075 1958849 1046226 2656406 1963112 693294 883599 883599 2623119 INVESTMENTS IN COMMON TRUST FUNDS 11787067 F 11787067 ROYALTIES PAYABLE 222729 INCENTIVE PLAN SALARIES 46668 269397 X 9191428 -162680 5166094 5003414 4188014 59397 59397 4247411 3897935 0 3897935 59397 59397 3957332 PART X, LINE 2: SMP IS GENERALLY EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE STATUTES. MANAGEMENT HAS EVALUATED SMP'S TAX POSITIONS IN ACCORDANCE WITH GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND CONCLUDED THAT SMP HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 5,166,094. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS PROVIDED RECLASSIFIED FROM OTHER INCOME TO PROGRAM EXPENSE 59,397. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS PROVIDED RECLASSIFIED FROM OTHER INCOME TO PROGRAM EXPENSE 59,397. X X 0 0 0 0 0 1 0 0 0 JOHN VITEK CEO/PRESIDENT/DIRECTOR 162723 0 0 0 6570 0 19568 0 8252 0 197113 0 0 0 PART I, LINE 6 THE ORGANIZATION'S SELECTIVE INCENTIVE PLAN IS LIMITED TO CORE MANAGERS AND KEY EMPLOYEES. THE BOARD APPROVES THE ANNUAL SELECTIVE INCENTIVE PLAN DISTRIBUTION BASED ON THE RECOMMENDATION FROM MANAGEMENT. THE TOTAL AMOUNT OF BONUSES MAY BE UP TO 50% OF THE NET OPERATING INCOME FOR THE YEAR, BUT IN NO EVENT GREATER THAN 22 1/2% OF THE EMPLOYEE'S BASE SALARY. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS SHALL BE THOSE INDIVIDUALS WHO ARE THE INCUMBENT VOTING MEMBERS OF THE DISTRICT COUNCIL OF THE MIDWEST PROVINCE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS, AS SELECTED ACCORDING TO THE RULES AND PROCEDURES OF THE MIDWEST PROVINCE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS, A ROMAN CATHOLIC RELIGIOUS INSTITUTE. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE APPOINTED BY THE ORGANIZATION'S MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING ACTIONS REQUIRE APPROVAL BY THE ORGANIZATION'S MEMBERS: AMENDMENT OF THE GOVERNING DOCUMENTS; SALE, LEASE, OR PLEDGE OF REAL ESTATE OR OTHER ASSETS OF THE ORGANIZATION, INCLUDING A MERGER WITH ANOTHER ORGANIZATION; APPOINTMENT OR REMOVAL OF THE BOARD OF DIRECTORS; DISSOLUTION OF THE CORPORATION AND DISTRIBUTION OF ITS ASSETS. FORM 990, PART VI, SECTION A, LINE 8B COMMITTEES DO NOT MAKE DECISIONS ON BEHALF OF THE BOARD, BUT MAKE RECOMMENDATIONS TO THE BOARD; THEREFORE THERE IS NO WRITTEN ACTIONS OR DECISIONS BY A COMMITTEE TO DOCUMENT. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS. THE BOARD REVIEWS THE DRAFT FORM 990, ADDRESSING ANY COMMENTS OR CONCERNS PRIOR TO FILING THE FORM WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER, OFFICER AND EMPLOYEE RECEIVES A COPY OF THE CONFLICT OF INTEREST POLICY ANNUALLY. THE POLICY REQUIRES SIGNED ACKNOWLEDGEMENT AND DISCLOSURE OF ANY CONFLICT. EMPLOYEES' FORMS ARE REVIEWED BY MANAGEMENT TO DETERMINE IF A CONFLICT EXISTS. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS ALL FORMS FROM THE OFFICERS AND BOARD MEMBERS TO DETERMINE IF A CONFLICT EXISTS. THE DIRECTOR OR OFFICER HAVING A CONFLICT SHALL NOT PARTICIPATE IN THE DELIBERATION OR DECISION REGARDING THE MATTER UNDER CONSIDERATION AND SHALL RETIRE FROM THE ROOM DURING DELIBERATIONS EXCEPT TO THE EXTENT HE OR SHE HAS BEEN INVITED BY THE BOARD OR COMMITTEE TO PARTICIPATE, AFTER CONSIDERATION OF THE SIGNIFICANCE TO SMP OF THE DISCLOSED CONFLICT. ANY PROPOSED TRANSACTION OR ACTION IN WHICH THE BOARD HAS DETERMINED THAT A DIRECTOR OR OFFICER HAS A CONFLICT OF INTEREST IS TO BE APPROVED BY A MAJORITY OF THE DIRECTORS ENTITLED TO VOTE OTHER THAN THE INTERESTED DIRECTOR(S) AT A MEETING AT WHICH A QUORUM IS PRESENT. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS GATHERS AVAILABLE PUBLISHING INDUSTRY MARKET COMPARISONS AND LOCAL MARKET COMPARISONS AND REVIEWS FOR DETERMINATION OF THE BASE SALARY OF THE PRESIDENT/CEO AND CFO. THE BOARD UTILIZES OUTSIDE, NEUTRAL COMPARABLE DATA AND MAY ACQUIRE THE SERVICES OF LEGAL ADVISORS AND/OR CONSULTANTS TO CONDUCT OUTSIDE EVALUATIONS OF THE PRESIDENT AND CFO COMPENSATION. ADDITIONALLY, THE BOARD CONDUCTS AN ANNUAL REVIEW OF THE PRESIDENT/CEO. THE BOARD ALSO APPROVES THE SELECTIVE INCENTIVE BONUS PAY FOR CORE MANAGERS AND KEY EMPLOYEES ACCORDING TO THE BOARD ESTABLISHED SELECTIVE INCENTIVE PLAN DOCUMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. THE CHRISTIAN BROTHERS OF THE MIDWEST INC 7650 S COUNTY LINE ROAD B BURR RIDGE IL 60527 364027959 RELIGIOUS ORDER MN 501(C)(3) LINE 1 N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0