2016-05-13T14:25:39-05:00 2015-06-30 721088864 LAPORTE APAC 111 VETERANS MEMORIAL BLVD 600 METAIRIE LA 700054958 990 2014-07-01 720642832 OUR LADY OF HOLY CROSS COLLEGE OURL 5043947744 4123 WOODLAND DRIVE NEW ORLEANS LA 701317337 ARLEAN WEHLE VP - FINANCE AND OPERATIONS 5043947744 2016-05-11 1 BONNIE M WYLLIE JD LLM P00540011 5048355522 2014 2016-08-17 19:52:53Z ARLEAN WEHLE 4123 WOODLAND DRIVE NEW ORLEANS LA 701317337 49997749 0 X WWW.OLHCC.EDU X 1916 LA TO EDUCATE AND PROVIDE PUBLIC SERVICE TO ITS COLLEGE COMMUNITY. 14 14 249 0 0 0 9697280 9676347 10854711 10786361 5077998 1122979 956351 163994 26586340 21749681 10030195 9641526 0 0 6622668 7822374 0 0 199582 4165163 4293966 20818026 21757866 5768314 -8185 44302052 44399961 509370 1532806 43792682 42867155 X OUR LADY OF HOLY CROSS COLLEGE IS A UNIQUE CATHOLIC INSTITUTION OF HIGHER LEARNING FOUNDED BY THE MARIANITES OF HOLY CROSS. ROOTED IN A BELIEF IN HUMAN DIGNITY, OUR LADY OF HOLY CROSS COLLEGES EDUCATES THE MINDS AND HEARTS OF ITS STUDENTS. THE COLLEGE IS CENTERED ON EFFECTIVE AND INNOVATIVE TEACHING, INTELLIGENCE EXERCISED ACROSS DISCIPLINES, PRACTICAL REASONING, AND COMMUNICATION WITH OTHERS. ALL MEMBERS OF THE COLLEGE STRIVE FOR EXCELLENCE AND CONTRIBUTE THEIR KNOWLEDGE AND EXPERIENCE IN THEIR CHOSEN WORK, COMMUNITY, AND ULTIMATELY THE WORLD IN NEED. 0 0 4972140 10879492 INSTRUCTIONAL SERVICES - PER SEMESTER, APPROXIMATELY 1200 STUDENTS WERE SERVICED IN APPROXIMATELY 330 SPECIFIC COURSES OF STUDY IN 24 DEGREE PROGRAMS. ADDITIONALLY, INSTRUCTIONAL SERVICES WERE DELIVERED TO THE CIVIC COMMUNITY THROUGH EXTENT OUTREACH PROGRAMS. 9641526 9641526 SCHOLARSHIPS, GRANTS & LOANS - FOR ACADEMIC YEAR 2014-2015, 93 STUDENTS RECEIVED SCHOLARSHIPS FROM OLHCC AND 35 STUDENTS RECEIVED SCHOLARSHIPS FROM PRIVATE SOURCES. MOST STUDENTS WERE AWARDED THE SCHOLARSHIPS ON THE BASIS OF ACADEMIC MERIT AND/OR UNMET FINANCIAL NEED. OTHERS WERE GRANTED AWARDS BASED ON ACADEMIC MERIT ONLY. A TOTAL OF 128 SCHOLARSHIPS IN THE AMOUNT OF $235,080 HAVE BEEN AWARDED. FOR FISCAL YEAR 2014-2015, 942 STUDENTS WERE ABLE TO RECEIVE SOME FORM OF FINANCIAL AID. MANY STUDENTS WOULD NOT BE ABLE TO PURSUE A POST-SECONDARY EDUCATION WERE IT NOT FOR THE FINANCIAL AID PROGRAMS. THE COLLEGE PARTICIPATES IN THE TITLE IV FEDERAL CAMPUS BASED PROGRAMS AS WELL AS THE FEDERAL PELL GRANT PROGRAM AND DISADVANTAGED NURSING SCHOLARSHIPS. -- 482 STUDENTS WERE ASSISTED AND ABLE TO RECEIVE $1,790,469 IN PELL GRANTS. -- 842 STUDENTS RECEIVED $7,387,727 IN FEDERAL SUBSIDIZED AND UNSUBSIDIZED STAFFORD LOANS. -- 127 STUDENTS RECEIVED $58,375 IN FEDERAL S.E.O.G. -- 111 STUDENTS RECEIVED $492,494 FROM THE LOUISIANA T.O.P.S. PROGRAM.-- 75 STUDENTS RECEIVED $55,084 FROM LOUISIANA G.O. GRANTS.OUR LADY OF HOLY CROSS COLLEGE WAS ABLE TO AWARD $9,784,149 IN STUDENT AID FROM INSTITUTIONAL, PRIVATE, STATE, AND FEDERAL SOURCES. 824720 STUDENT SERVICES ENCOMPASSES VARIOUS SERVICES: THE REGISTRAR'S OFFICE PROVIDES PUBLICATIONS, COMPUTERIZED STUDENT RECORDS, AND OTHER ACADEMIC SERVICES TO PROSPECTIVE AND CURRENT STUDENTS. STUDENT SERVICES PROVIDES FUNDING FOR 5 PROFESSIONAL CLUBS.THE STUDENT GOVERNMENT ASSOCIATION OFFERS A MULTI-FACETED ARENA OF SOCIAL EVENTS AND ENTERTAINMENT ON AND OFF CAMPUS FOR STUDENTS.THE DIVISION OF STUDENT AFFAIRS FUNDS A HOST OF INTRAMURAL SPORTS AT THE COLLEGE, WHICH ARE AVAILABLE TO ALL STUDENTS.THE SECURITY OFFICE OVERSEES THE SECURITY OF THE CAMPUS AND PARKING LOTS.THE HURRICANE CAFE PROVIDES FOOD SERVICES TO ALL STUDENTS, FACULTY AND STAFF.STUDENT SERVICES ALSO INCLUDES TRAVEL, WORKSHOPS AND SEMINARS IN ADDITION TO ADMINISTRATIVE SUPPLIES AND EQUIPMENT FOR STUDENT ORGANIZATIONS, ADMISSIONS AND RECRUITING STAFF OF THE COLLEGE.STUDENT SERVICES ALSO INCLUDES AN ON CAMPUS HEALTH OFFICE (PROVIDING ROUTINE HEALTH SERVICES AND FIRST AID), STUDENT ORGANIZATIONS FUNDING AND SUPPORT, STUDENT SPORTS SUPPORT FOR EQUIPMENT, ADMISSIONS AND RECRUITING STAFF OF THE COLLEGE. 1507298 TOTAL EXPENSES DURING THE CURRENT YEAR RELATED TO THE OTHER PROGRAM SERVICES LISTED ABOVE ARE: 1507298 16945684 1 1 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1393 0 1 249 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 5043947744 4123 WOODLAND DRIVE NEW ORLEANS LA 701317337 SR KERI BURKE MSC BOARD MEMBER 0.50 X 0 0 0 STEVE WORLEY BOARD MEMBER 0.50 X 0 0 0 BROTHER DONALD BLAUVELT CSC BOARD MEMBER 0.50 X 0 0 0 LARRY ONEY BOARD MEMBER 0.50 X 0 0 0 G PRICE CRANE BOARD MEMBER 0.50 X 0 0 0 SR GRETCHEN DYSART MSC BOARD MEMBER 0.50 X 0 0 0 TERRY M FONSECA BOARD MEMBER 0.50 X 0 0 0 KYLE M FRANCE BOARD MEMBER 0.50 X 0 0 0 GLENN GENNARO BOARD MEMBER 0.50 X 0 0 0 SR ELLEN KRON DC BOARD MEMBER 0.50 X 0 0 0 PAM LINCOLN BOARD MEMBER 0.50 X 0 0 0 S GORDON REESE III BOARD MEMBER 0.50 X 0 0 0 DENNISE V SAUVAGE BOARD MEMBER 0.50 X 0 0 0 DR DAVID BUCK LANDRY PRESIDENT & BOARD MEMBER 40.00 X X 72662 0 2262 DR RON AMBROSETTI PAST PRESIDENT 40.00 X 202308 0 240 ARLEAN WEHLE VP OF FINANCIAL MANAGEMENT 40.00 X 149741 0 6786 DR PAT PRECHTER PROVOST 40.00 X 131111 0 6786 555822 0 16074 3 0 1 0 MECHANICAL CONSTRUCTION COMPANY LLC PO BOX 7460 METAIRIE LA 70010 CONSTRUCTION SERVICES 529386 SODEXO FOOD SERVICE PO BOX 536922 ATLANTA GA 303536922 FOOD SERVICE 375304 TOTAL MEDIA LLC PO BOX 641208 KENNER LA 70064 MARKETING 137149 3 9322725 353622 10147 9676347 TUITION & FEES 611310 10786361 10786361 10786361 467998 467998 8152 0 8152 8152 8152 28875790 28220809 654981 654981 654981 89970 27259 62711 62711 LOYOLA CONTRACTED INSTRUCTION 900099 35608 35608 MISCELLANEOUS REVENUE 900099 31543 31543 COUNSELING CENTER 624100 25980 25980 93131 21749681 10879492 0 1193842 9641526 9641526 470098 333534 127123 9441 6184563 4394122 1667676 122765 151671 108492 39015 4164 555338 380342 160664 14332 460704 336629 114397 9678 41747 41747 63394 63394 215397 215397 779402 426551 340301 12550 572023 472622 84455 14946 443839 96790 347049 530750 180000 350750 17916 15837 1626 453 26356 6692 18227 1437 333690 266952 66738 237170 3398 233772 PROMOTION & RECRUITMENT 286975 23002 254157 9816 REPAIRS AND MAINTENANCE 209064 2148 206916 FOOD SERVICE 204745 163796 40949 STUDENT ACTIVITIES 75731 75731 255767 17520 238247 21757866 16945684 4612600 199582 6721734 4377997 138256 1044173 7155 79789 13694824 6831621 6353655 6863203 30855780 31108574 195901 822633 29571 103592 44302052 44399961 221099 240881 288271 1291925 509370 1532806 X 30127285 29172799 4312770 4300829 9352627 9393527 43792682 42867155 44302052 44399961 -8185 -917341 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36357069 104760 1001099 140854 37322074 31340287 823571 4193211 36357069 27638981 429115 3272191 31340287 26229021 1654191 355451 599682 27638981 20352513 3750464 2451133 325089 26229021 0.59620 0.29980 0.10410 0 0 65000 65000 10396847 3777582 6619265 3232977 3054039 178938 6863203 ACCRUED LIABILITES 460016 DEFERRED REVENUE 831909 1291925 X 22001939 225000 225000 21776939 -27259 -27259 21749680 22927466 225000 944600 1169600 21757866 0 21757866 PART V, LINE 4: OF THE END OF THE YEAR ENDOWMENT BALANCE, $9,393,527 IS PERMANENTLY RESTRICTED AND $4,300,829 IS TEMPORARILY RESTRICTED. THE USES ARE: -THE EARNINGS ON $8,364,306 WILL HELP FUND PROFESSORSHIPS -THE EARNINGS ON $2,575,620 WILL BE USED FOR SCHOLARSHIPS -THE EARNINGS ON $2,037,608 WILL GO TOWARDS ACADEMICS AND OPERATIONS QUASI ENDOWMENTS BALANCE OF $18,679,538 AND TEMPORARILY RESTRICTED BALANCE OF $(323,759) HAVE THE FOLLOWING USES: -$18,355,779 IS FOR UNSPECIFIED PURPOSES, BUT IS TO BE USED FOR CURRENT OPERATIONS, PLANT AND EQUIPMENT, AND ACADEMICS. PART X, LINE 2: GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBE RULES FOR THE RECOGNITION, MEASUREMENT, CLASSIFICATION, AND DISCLOSURE IN THE FINANCIAL STATEMENTS OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COLLEGE'S TAX RETURNS. MANAGEMENT HAS DETERMINED THAT THE COLLEGE DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE COLLEGE'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE COLLEGE WILL NOT BE SUBJECT THE ADDITIONAL TAX, PENALTIES, AND INTEREST AS A RESULT OF SUCH CHALLENGE. GENERALLY, THE COLLEGE'S TAX RETURNS REMAIN OPEN FOR EXAMINATION FOR THREE YEARS FROM THE DATE OF FILING FEDERAL RETURNS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -27,259. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 27,259. UNREALIZED LOSSES 917,341. SCHEDULE D, PART XII, LINE 2A PART XII, LINE 2B - DONATED SERVICES AND USE OF FACILITIES: THE CONGREGATION OF THE MARIANITES OF HOLY CROSS (MARIANITES) OWNS THE LAND AND BUILDINGS USED FOR COLLEGE OPERATIONS. THE COLLEGE PAID $225,000 IN RENTS TO THE MARIANITES DURING THE 2014-2015 FISCAL YEAR. PART V - ENDOWMENT FUNDS: THE STATE OF LOUISIANA ENACTED THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA) EFFECTIVE AUGUST 15, 2010, THE PROVISIONS OF WHICH APPLY TO ENDOWMENT FUNDS EXISTING ON OR ESTABLISHED AFTER THAT DATE. THIS SECTION IS BEING REPORTED BY THE CLASSIFICATION OF ENDOWMENTS SET FORTH BY UPMIFA. LINES 1A-G, COLUMNS A, B & C HAVE BEEN ADJUSTED TO REFLECT UPMIFA REPORTING. LINES 1A-G, COLUMNS D & E REFLECT REPORTING PRIOR TO UPMIFA. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 OUR LADY OF HOLY CROSS COLLEGE PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON ALL EMPLOYMENT ADVERTISEMENTS. THE POLICY IS ALSO LISTED ON THE ORGANIZATION'S WEBSITE, STUDENT HANDBOOK, AND STUDENT APPLICATIONS. SCHEDULE E, PART I, LINE 6 GOVERNMENT FINANCIAL ASSISTANCE INCLUDES GOVERNMENT LOAN PROGRAMS AND GRANTS FROM THE FEDERAL GOVERNMENT, WHICH ARE PROVIDED FOR STUDENTS IN NEED OF FINANCIAL AID. PRAYER BREAKFAST 54970 54970 8426 FR. THOMAS CHAMBERS DINNER 35000 35000 18833 89970 89970 27259 27259 62711 1 SCHOLARSHIPS TO STUDENTS OF THE COLLEGE 942 9641526 PART I, LINE 2: PRIVATE GRANTS - THE COLLEGE FOLLOWS THE TERMS OF THE PROVIDER IN THE POSTING AND RELEASING OF GRANT FUNDS. FEDERAL GRANTS - THE COLLEGE FOLLOWS THE DEPARTMENT OF EDUCATION REGULATIONS TO ENSURE THAT GRANTS ARE UTILIZED APPROPRIATELY. THE NSLDS SYSTEM HELPS THE COLLEGE IDENTIFY ANY STUDENT THAT HAS BEEN POTENTIALLY AWARDED MORE THAN THEY ARE ELIGIBLE FOR. SCHEDULE I, PART III QUALIFICATIONS TO RECEIVE PAYMENTS: GOVERNMENT GRANTS ARE AWARDED IN ACCORDANCE WITH APPROPRIATE FEDERAL REGULATIONS. SCHOLARSHIPS ARE BASED ON ACT TEST SCORES, ACADEMIC STANDING, AS SHOWN BY HIGH SCHOOL TRANSCRIPTS, AS WELL AS COMMUNITY INVOLVEMENT. GRANTS ARE AWARDED IN RECOGNITION OF THE QUALITY PAST ACADEMIC ACHIEVEMENT AT OUR LADY OF HOLY CROSS COLLEGE, FINANCIAL NEED AS DETERMINED BY THE SUBMISSION OF THE FREE APPLICATION FOR FEDERAL STUDENT AID, AND COMMUNITY INVOLVEMENT. X 1 1 X X 0 0 0 0 0 0 0 0 0 DR RON AMBROSETTI PAST PRESIDENT 202308 0 0 0 0 0 0 0 240 0 202548 0 0 0 ARLEAN WEHLE VP OF FINANCIAL MANAGEMENT 149741 0 0 0 0 0 0 0 6786 0 156527 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING THE FORM 990, THE TAX RETURN IS REVIEWED BY THE V.P. FOR FINANCIAL MANAGEMENT AND THE PRESIDENT OF THE COLLEGE. IT IS THEN FORWARDED TO THE CHAIR OF THE FINANCE COMMITTEE FOR REVIEW. COLLEGE ADMINISTRATION RESPONDS TO THE BOARD'S CONCERNS AND REVISES THE FORM AS NECESSARY. ONCE REVIEWED AND SUBMITTED TO THE IRS A COPY OF THE FILED FORM 990 IS FORWARDED TO THE CHAIR OF THE FINANCE COMMITTEE FOR RECORD-KEEPING. FORM 990, PART VI, SECTION B, LINE 12C DURING THE FIRST BOARD OF REGENTS MEETING OF EACH YEAR, THE COLLEGE'S CONFLICT OF INTEREST POLICY IS REVIEWED WITH ITS MEMBERS AND THEY ARE ASKED TO SIGN A DOCUMENT DISCLOSING ANY CONFLICT OF INTEREST WITH COLLEGE BUSINESS MATTERS. IF A CONFLICT SHOULD ARISE, THE BOARD MEMBER WILL RECUSE HIMSELF OR HERSELF FROM VOTES RELATIVE TO THE AFFECTED SUBJECT MATTER. ANY DISCUSSION OF POTENTIAL CONFLICTS AND RECUSALS ARE SUBSTANTIATED IN THE MINUTES OF THE BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 UNDER NORMAL CIRCUMSTANCES, THE PRESIDENT OF THE COLLEGE IS CHOSEN THROUGH A DOCUMENTED SELECTION PROCESS WHICH IS CARRIED OUT BY A SEARCH COMMITTEE COMPOSED OF A CROSS SECTION OF COLLEGE ADMINISTRATION (OFFICERS), STAFF, FACULTY, AND THE GOVERNING BOARD. THE SALARY FOR THE POSITION IS BASED ON SALARIES PAID TO PRESIDENT'S SERVING IN INSTITUTIONS COMPARABLE IN SIZE AND STRUCTURE. THE PRESIDENT'S COMPENSATION IS APPROVED BY GOVERNING BOARD AND DOCUMENTED IN A FULLY EXECUTED CONTRACT. THE PRESIDENT IS EVALUATED ON AN ANNUAL BASIS BY INDEPENDENT MEMBERS OF THE COLLEGE'S GOVERNING BOARD. DOCUMENTATION OF THE SELECTION OF THE PRESIDENT AND THE CONTRACTED AMOUNT OF COMPENSATION IS RETAINED IN THE RECORDS OF THE SELECTION COMMITTEE, CORPORATE DOCUMENTS, AND IN THE BOARD OF MINUTES. DUE TO UNUSUAL CIRCUMSTANCES OCCURING IN AUGUST OF 2014 WITH THE DISMISSAL OF THE THEN PRESIDENT, DR. RONALD AMBROSETTI, THE GOVERNING BOARD APPOINTED DR. DAVID LANDRY AS PRESIDENT EFFECTIVE AUGUST 2014. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL DATA ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 2C: THE FINANCE COMMITTEE OF THE BOARD OF REGENTS OF THE COLLEGE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR. THE INDEPENDENT AUDITOR SELECTION AND AUDITED REPORTS ARE APPROVED BY THE BOARD OF REGENTS OF THE COLLEGE. FORM 990, SCHEDULE R, PART V: THE LAND AND BUILDING USED FOR COLLEGE OPERATIONS ARE OWNED BY THE CONGREGATION OF THE MARIANITES OF HOLY CROSS (MARIANITES). UNDER THE TERMS OF THE LEASE DATED 1/1/1999, THE ANNUAL RENT FOR 2014-2015 WAS $450,000, OF THIS AMOUNT THE COLLEGE PAID $225,000 WITH THE BALANCE CONTRIBUTED TO THE COLLEGE BY THE MARIANITES. CONGREGATION OF SISTERS MARIANITES OF HOLY CROSS 1011 GALLIER STREET NEW ORLEANS LA 70117 721135603 RELIGIOUS ORGANIZATION LA 501(C)(3) 170(B)(1)(A)(1) 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 CONGREGATION OF SISTERS MARIANITES OF HOLY CROSS C 225000 CONGREGATION OF SISTERS MARIANITES OF HOLY CROSS K 225000