UNIVERSITY OF ST THOMAS: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF ST THOMAS (EIN 41-0693970)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-13
- IRS object ID
- 201511339349304241
- Schema version
- 2013v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-13T13:06:14-07:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410693970 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | University of St Thomas | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 6519625000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2115 Summit Avenue | AddressLine1 |
| City | St Paul | City |
| State | MN | State |
| ZIP Code | 55105 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mark Vangsgard | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Signature | 2015-05-13 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $530,052,230 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| All Affiliates Included | false | AllAffiliatesIncludedInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.stthomas.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1885 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | Founded in 1885, the University of St. Thomas is a Catholic university based in the Twin Cities of St. Paul and Minneapolis. The largest private university in Minnesota, St. Thomas offers bachelors degrees in over 85 major fields of study and more than 45 graduate degree programs including masters, education specialist, juris doctor and doctorates.Mission:Inspired by Catholic intellectual tradition, the University of St. Thomas educates students to be morally responsible leaders who think critically, act wisely and work skillfully to advance the common good.Vision:We seek to be a recognized leader in Catholic higher education that excels in effective teaching, active learning, scholarly research and responsible engagement with the local community as well as with the national and global communities in which we live. | ActivityOrMissionDesc |
| Voting Members Governing Body | 48 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 40 | VotingMembersIndependentCnt |
| Total Employee | 6144 | TotalEmployeeCnt |
| Total Volunteers | 3236 | TotalVolunteersCnt |
| Total Gross UBI | $1,612,892 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $917,289 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $50,757,008 | PYContributionsGrantsAmt |
| CY Contributions Grants | $26,967,699 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $285,874,941 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $294,871,070 | CYProgramServiceRevenueAmt |
| PY Investment Income | $20,894,648 | PYInvestmentIncomeAmt |
| CY Investment Income | $24,730,477 | CYInvestmentIncomeAmt |
| PY Other Revenue | $16,603,285 | PYOtherRevenueAmt |
| CY Other Revenue | $16,086,370 | CYOtherRevenueAmt |
| PY Total Revenue | $374,129,882 | PYTotalRevenueAmt |
| CY Total Revenue | $362,655,616 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $95,004,082 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $97,706,665 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $153,624,834 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $165,828,313 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $163,563 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $171,590 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $7,429,783 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $79,974,822 | PYOtherExpensesAmt |
| CY Other Expenses | $81,343,001 | CYOtherExpensesAmt |
| PY Total Expenses | $328,767,301 | PYTotalExpensesAmt |
| CY Total Expenses | $345,049,569 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $45,362,581 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $17,606,047 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,128,964,464 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,185,063,843 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $324,270,296 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $317,386,647 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $804,694,168 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $867,677,196 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Founded in 1885, the University of St. Thomas is a Catholic university based in the Twin Cities of St. Paul and Minneapolis. The largest private university in Minnesota, St. Thomas offers bachelors degrees in over 85 major fields of study and more than 45 graduate degree programs including masters, education specialist, juris doctor and doctorates.Mission:Inspired by Catholic intellectual tradition, the University of St. Thomas educates students to be morally responsible leaders who think critically, act wisely and work skillfully to advance the common good.Vision:We seek to be a recognized leader in Catholic higher education that excels in effective teaching, active learning, scholarly research and responsible engagement with the local community as well as with the national and global communities in which we live. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $221,295,360 | ExpenseAmt |
| Grant | $97,706,667 | GrantAmt |
| Revenue | $277,808,581 | RevenueAmt |
| Desc | Instruction & Research: During the year, 10,221 students were enrolled at the University of St. Thomas pursuing undergraduate, graduate, law and doctoral degrees. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $33,286,812 | ExpenseAmt |
| Revenue | $23,131,687 | RevenueAmt |
| Desc | Auxiliary Enterprises: Provided services to the university community, including food services, housing, bookstores, conference services and day care services. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $30,742,813 | ExpenseAmt |
| Revenue | $3,584,558 | RevenueAmt |
| Desc | Student Services: Services provided to students including Enrollment Services, Dean of Students, Registrar, Athletics, Career Development, Personal Counseling, International Student Services, Student Clubs and organizations, and Student Health Services. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $20,444,262 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $1,154,369 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $305,769,247 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | Yes (true) | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | Yes (true) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 689 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 6144 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | IT | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 0 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Org Filed In Lieu Of Form1041 | false | OrgFiledInLieuOfForm1041Ind |
| Licensed More Than One State | false | LicensedMoreThanOneStateInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 48 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 40 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Gary Thyen | PersonNm |
| Phone | 6519626107 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | AQU219 2115 Summit Ave | AddressLine1 |
| City | St Paul | City |
| State | MN | State |
| ZIP Code | 551051078 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (57 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| James Gearen | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Ronald Fowler | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| The Most Rev Lee Piche | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Alvin E McQuinn | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Ann Winblad | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Rev Kevin McDonough | |||||||||
| Vice Chairman | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Lee Anderson | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Mr Geoff Gage | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Rodney P Burwell | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Michael V Ciresi | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Burton Cohen | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Gail Dorn | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Dr George Buckley | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Rev Edward Malloy CSC | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Mary Marso | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Harry G McNeely Jr | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| John M Morrison | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| The Honorable Diana E Murphy | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Michael E Dougherty | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Patrick Ryan | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Maureen A Fay OP | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Eugene U Frey | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Antoine M Garibaldi | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Raymond L Barton | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Daniel J Haggerty | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Stephen Hemsley | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Kathleen J Higgins Victor | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Stanley S Hubbard | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Ms Amy Goldman | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Stepehn P Nachtsheim | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| John F O'Shaughnessy Jr | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Timothy P Flynn | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Honorable Marianne Short | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Ronald Peltier | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Richard M Schulze | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Mark Zesbaugh | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Robert J Ulrich | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Frank B Wilderson | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| The Most Rev Harry Flynn DD | |||||||||
| Chairman | 15.00 | 0.00 | Yes (X) | $42,385 | $0 | $3,253 | |||
| Rev John Malone | |||||||||
| Trustee | 40.00 | 0.00 | Yes (X) | $46,370 | $0 | $52,431 | |||
| Father Dennis Dease | |||||||||
| Trustee | 40.00 | 0.00 | Yes (X) | $243,270 | $0 | $43,555 | |||
| John Allen | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Andrew Duff | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Mark Gregg | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Thomas Madison | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| William Reiling | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Sara Gross Methner | |||||||||
| Secretary | 40.00 | 0.00 | $225,677 | $0 | $40,575 | Yes (X) | |||
| Mark Vangsgard | |||||||||
| Treasurer | 40.00 | 0.00 | $254,335 | $0 | $41,477 | Yes (X) | |||
| Susan Alexander | |||||||||
| Secretary | 40.00 | 0.00 | $159,906 | $0 | $22,932 | Yes (X) | |||
| Julie Sullivan | |||||||||
| President | 40.00 | 0.00 | $349,333 | $0 | $3,828 | Yes (X) | |||
| Mark Dienhart | |||||||||
| Chief Administrative Officer | 0.00 | 0.00 | $808,333 | $0 | $27,963 | Yes (X) | |||
| Susan Huber | |||||||||
| Chief Academic Officer | 0.00 | 0.00 | $304,091 | $0 | $24,969 | Yes (X) | |||
| Christopher Puto | |||||||||
| Dean Opus Col Bus | 40.00 | 0.00 | $373,384 | $0 | $31,082 | Yes (X) | |||
| Ritch Sorenson | |||||||||
| Professor | 40.00 | 0.00 | $238,110 | $0 | $31,916 | Yes (X) | |||
| Michael Paulsen | |||||||||
| Law Professor | 40.00 | 0.00 | $324,380 | $0 | $44,089 | Yes (X) | |||
| David Deeds | |||||||||
| Chair of Entrepene | 40.00 | 0.00 | $256,325 | $0 | $87,748 | Yes (X) | |||
| Robert Vischer | |||||||||
| Dean School of Law | 40.00 | 0.00 | $251,481 | $0 | $46,137 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,877,380 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $501,955 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 12 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Opus Holding LLC | |||||
| 10350 Bren Rd W | Minnetonka | MN | 55343 | Construction | $1,706,287 |
| Peterson Companies Inc | |||||
| 8326 Wyoming Trail | Chisago City | MN | 55103 | Construction | $1,341,539 |
| Metropolitan Mechanical Contractors | |||||
| 7340 Washington Ave S | Eden Prairie | MN | 55344 | Construction | $570,639 |
| HickoryTech Corporation | |||||
| 221 E Hickory Street PO Box 3248 | Mankato | MN | 56002 | Construction | $954,618 |
| Fieldturf USA Inc | |||||
| 5211 Mitchell Bridge Road | Dalton | GA | 30721 | Construction | $644,687 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 45 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $42,870 | FundraisingAmt |
| Government Grants | $2,869,395 | GovernmentGrantsAmt |
| All Other Contributions | $24,055,434 | AllOtherContributionsAmt |
| Noncash Contributions | $655,382 | NoncashContributionsAmt |
| Total Contributions | $26,967,699 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Housing | 721310 | $17,143,570 | $16,985,592 | $157,978 |
| Seminars & Workshops | 611600 | $4,890,017 | $4,890,017 | |
| Tuition and Fees | 611600 | $272,837,483 | $272,837,483 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $294,871,070 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,761,509 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $708,372 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,053,137 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $358,558 | TotalRevenueColumnAmt |
| Exclusion | $358,558 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $173,335 | TotalRevenueColumnAmt |
| Exclusion | $173,335 | ExclusionAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $176,709,008 | SecuritiesAmt |
| Other | $2,774 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $158,101,279 | SecuritiesAmt |
| Other | $93 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $18,607,729 | SecuritiesAmt |
| Other | $2,681 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $18,610,410 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $152,200 | UnrelatedBusinessRevenueAmt |
| Exclusion | $18,458,210 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $56,483 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $42,870 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $56,789 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$306 | TotalRevenueColumnAmt |
| Exclusion | -$306 | ExclusionAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $16,638,093 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $9,238,453 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,399,640 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,796,593 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $17,158 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,585,889 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt | BusinessBusinessCd |
|---|---|---|---|---|
| All other income | $4,476,416 | $4,193,388 | $283,028 | |
| Parking Revenue | $1,483,979 | $1,483,979 | 812930 | |
| Student Health Insurance | $1,317,904 | $1,317,904 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,235,402 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $658,218 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $577,184 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $8,513,701 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $362,655,616 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $305,679,195 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,612,892 | UnrelatedBusinessRevenueAmt |
| Exclusion | $28,395,830 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $621,956 | TotalAmt |
| Program Services | $621,956 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,718,057 | TotalAmt |
| Program Services | $96,718,057 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $366,652 | TotalAmt |
| Program Services | $366,652 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,065,796 | TotalAmt |
| Management And General | $2,065,796 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $130,117,191 | TotalAmt |
| Program Services | $111,511,611 | ProgramServicesAmt |
| Management And General | $13,980,550 | ManagementAndGeneralAmt |
| Fundraising | $4,625,030 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,232,335 | TotalAmt |
| Program Services | $7,764,840 | ProgramServicesAmt |
| Management And General | $1,105,145 | ManagementAndGeneralAmt |
| Fundraising | $362,350 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,698,054 | TotalAmt |
| Program Services | $12,902,292 | ProgramServicesAmt |
| Management And General | $2,115,148 | ManagementAndGeneralAmt |
| Fundraising | $680,614 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,714,937 | TotalAmt |
| Program Services | $7,330,951 | ProgramServicesAmt |
| Management And General | $1,076,281 | ManagementAndGeneralAmt |
| Fundraising | $307,705 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,714 | TotalAmt |
| Program Services | $22,210 | ProgramServicesAmt |
| Management And General | $2,414 | ManagementAndGeneralAmt |
| Fundraising | $90 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $702,111 | TotalAmt |
| Program Services | $30,949 | ProgramServicesAmt |
| Management And General | $665,290 | ManagementAndGeneralAmt |
| Fundraising | $5,872 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,569 | TotalAmt |
| Program Services | $25,608 | ProgramServicesAmt |
| Management And General | $118,401 | ManagementAndGeneralAmt |
| Fundraising | $560 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,400 | TotalAmt |
| Management And General | $45,400 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $171,590 | TotalAmt |
| Fundraising | $171,590 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,392,067 | TotalAmt |
| Program Services | $1,120,176 | ProgramServicesAmt |
| Management And General | $1,270,863 | ManagementAndGeneralAmt |
| Fundraising | $1,028 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,608,163 | TotalAmt |
| Program Services | $3,565,429 | ProgramServicesAmt |
| Management And General | $984,972 | ManagementAndGeneralAmt |
| Fundraising | $57,762 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,538,252 | TotalAmt |
| Program Services | $1,234,310 | ProgramServicesAmt |
| Management And General | $290,134 | ManagementAndGeneralAmt |
| Fundraising | $13,808 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,819,987 | TotalAmt |
| Program Services | $4,458,632 | ProgramServicesAmt |
| Management And General | $2,142,693 | ManagementAndGeneralAmt |
| Fundraising | $218,662 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,075,615 | TotalAmt |
| Program Services | $3,205,802 | ProgramServicesAmt |
| Management And General | $844,961 | ManagementAndGeneralAmt |
| Fundraising | $24,852 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,329,211 | TotalAmt |
| Program Services | $24,473,059 | ProgramServicesAmt |
| Management And General | $788,901 | ManagementAndGeneralAmt |
| Fundraising | $67,251 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,263,554 | TotalAmt |
| Program Services | $4,708,649 | ProgramServicesAmt |
| Management And General | $403,070 | ManagementAndGeneralAmt |
| Fundraising | $151,835 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,787,434 | TotalAmt |
| Program Services | $1,465,598 | ProgramServicesAmt |
| Management And General | $232,247 | ManagementAndGeneralAmt |
| Fundraising | $89,589 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $158,047 | TotalAmt |
| Program Services | $90,373 | ProgramServicesAmt |
| Management And General | $65,101 | ManagementAndGeneralAmt |
| Fundraising | $2,573 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,220,071 | TotalAmt |
| Program Services | $15,906,162 | ProgramServicesAmt |
| Management And General | $2,186,094 | ManagementAndGeneralAmt |
| Fundraising | $127,815 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,792,313 | TotalAmt |
| Program Services | $1,403,365 | ProgramServicesAmt |
| Management And General | $388,811 | ManagementAndGeneralAmt |
| Fundraising | $137 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Other Expenses | $3,966,453 | $3,113,119 | $504,886 | $348,448 |
| Electronic Library | $1,996,329 | $1,996,329 | ||
| Memberships | $1,010,557 | $505,416 | $497,232 | $7,909 |
| Other Equipment & Supplies | $836,696 | $736,052 | $19,696 | $80,948 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $631,458 | TotalAmt |
| Program Services | $491,650 | ProgramServicesAmt |
| Management And General | $56,453 | ManagementAndGeneralAmt |
| Fundraising | $83,355 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $345,049,569 | TotalAmt |
| Program Services | $305,769,247 | ProgramServicesAmt |
| Management And General | $31,850,539 | ManagementAndGeneralAmt |
| Fundraising | $7,429,783 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,516,416 | BOYAmt |
| EOY | $427,273 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $148,983,200 | BOYAmt |
| EOY | $150,269,530 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,259,155 | BOYAmt |
| EOY | $10,132,808 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,053,772 | BOYAmt |
| EOY | $6,315,096 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,153,420 | BOYAmt |
| EOY | $1,988,839 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,870,185 | BOYAmt |
| EOY | $2,587,855 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $670,378,781 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $233,836,926 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $443,168,452 | BOYAmt |
| EOY | $436,541,855 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $336,848,824 | BOYAmt |
| EOY | $372,759,590 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $170,480,929 | BOYAmt |
| EOY | $195,603,419 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,751,848 | BOYAmt |
| EOY | $3,092,432 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,878,263 | BOYAmt |
| EOY | $5,345,146 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,128,964,464 | BOYAmt |
| EOY | $1,185,063,843 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,543,325 | BOYAmt |
| EOY | $29,205,092 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,449,915 | BOYAmt |
| EOY | $7,482,410 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $254,525,000 | BOYAmt |
| EOY | $241,375,000 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,007,138 | BOYAmt |
| EOY | $3,308,719 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,744,918 | BOYAmt |
| EOY | $36,015,426 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $324,270,296 | BOYAmt |
| EOY | $317,386,647 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $379,216,913 | BOYAmt |
| EOY | $400,615,030 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $151,663,152 | BOYAmt |
| EOY | $176,297,431 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $273,814,103 | BOYAmt |
| EOY | $290,764,735 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $804,694,168 | BOYAmt |
| EOY | $867,677,196 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,128,964,464 | BOYAmt |
| EOY | $1,185,063,843 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $17,606,047 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $45,364,083 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $12,898 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form4720 Filed Section4955 Tax | false | Form4720FiledSection4955TaxInd |
| Correction Made | false | CorrectionMadeInd |
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | Yes (true) | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $227,836 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $227,836 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
| Form4720 Filed4912 Tax | false | Form4720Filed4912TaxInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II-B, Line 1i - Other Activities Description | FormAndLineReferenceDesc |
| Explanation | During the fiscal year 2014, the University of St. Thomas retained the services of North State Advisers and Associates of Minneapolis to represent the university's interests with the city of Minneapolis. The university paid North State Advisors $18,000 in fiscal year 2014.The university retained the services of Lockridge Grindal Nauen to represent the university's interests in Washington, D.C. The university paid Lockridge Grindal Nauen $32,400 in fiscal year 2014.The University of St. Thomas is a member of Minnesota Private College Council ("MPCC"), an organization described in section 501(c)(4) of the Internal Revenue Code. MPCC is an association of private nonprofit institutions of higher education that serves a variety of its members' shared needs, including, but not only, nonpartisan and non-electoral advocacy for public policy that meets students' needs and advances the interests of private higher education. University of St. Thomas paid membership dues to MPCC in the amount of $247,989.MPCC has divided its expenses for its taxable year ending June 30, 2014, into two groups. Group 1 consists of those expenses that did not in any way support attempts to influence legislation within the meaning of section 501(c)(3) of the Internal Revenue Code ("lobbying"), and Group 2 consists of all other expenses. Group 2 includes many expenses, such as personnel costs, that supported both lobbying and nonlobbying activities. MPCC did not attempt to allocate the Group 2 expenses between lobbying and nonlobbying activites.MPCC has determined that the amount of the Group 2 expenses represents 71.55% of the amount of the dues that MPCC collected in the same taxable year. Assuming that all Group 2 expenses were paid from member dues, and allocating those expenses pro rata based on the dues paid by each member, $177,436 of University of St. Thomas' dues were used to pay Group 2 expenses. The amount of lobbying expenses paid from University of St. Thomas' dues was significantly less than that amount. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $43,187 | RevenuesIncludedAmt |
| Assets Included | $6,467,899 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | Used in Publication | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | Yes (true) | SolicitedAssetsSaleInd |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $440,994,846 | BeginningYearBalanceAmt |
| Contributions | $11,108,133 | ContributionsAmt |
| Investment Earnings Or Losses | $57,221,183 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,675,547 | GrantsOrScholarshipsAmt |
| Other Expenditures | $10,148,683 | OtherExpendituresAmt |
| End Year Balance | $495,499,932 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $407,097,217 | BeginningYearBalanceAmt |
| Contributions | $13,447,228 | ContributionsAmt |
| Investment Earnings Or Losses | $37,069,717 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,737,826 | GrantsOrScholarshipsAmt |
| Other Expenditures | $12,881,490 | OtherExpendituresAmt |
| End Year Balance | $440,994,846 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $408,467,546 | BeginningYearBalanceAmt |
| Contributions | $18,748,868 | ContributionsAmt |
| Investment Earnings Or Losses | -$6,506,226 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,955,040 | GrantsOrScholarshipsAmt |
| Other Expenditures | $10,657,931 | OtherExpendituresAmt |
| End Year Balance | $407,097,217 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $346,794,132 | BeginningYearBalanceAmt |
| Contributions | $12,643,555 | ContributionsAmt |
| Investment Earnings Or Losses | $63,115,544 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,468,439 | GrantsOrScholarshipsAmt |
| Other Expenditures | $10,617,246 | OtherExpendituresAmt |
| End Year Balance | $408,467,546 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $320,495,119 | BeginningYearBalanceAmt |
| Contributions | $6,818,672 | ContributionsAmt |
| Investment Earnings Or Losses | $32,743,127 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,483,294 | GrantsOrScholarshipsAmt |
| Other Expenditures | $9,779,492 | OtherExpendituresAmt |
| End Year Balance | $346,794,132 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.19220 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.80780 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | false | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $37,584,690 | OtherCostOrOtherBasisAmt |
| Book Value | $37,584,690 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $491,882,563 | OtherCostOrOtherBasisAmt |
| Depreciation | $127,460,321 | DepreciationAmt |
| Book Value | $364,422,242 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,806,664 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,512,295 | DepreciationAmt |
| Book Value | $4,294,369 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $69,367,245 | OtherCostOrOtherBasisAmt |
| Depreciation | $54,331,093 | DepreciationAmt |
| Book Value | $15,036,152 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $61,737,619 | OtherCostOrOtherBasisAmt |
| Depreciation | $46,533,217 | DepreciationAmt |
| Book Value | $15,204,402 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $436,541,855 | TotalBookValueLandBuildingsAmt |
Closely Held Equity Interests CloselyHeldEquityInterestsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $6,576,000 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $195,603,419 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)
| DescDesc | AmtAmt |
|---|---|
| Annuity Obligations | $6,653,531 |
| Asset Retire Obligations | $3,729,975 |
| Deferred Tax Liability | $2,560,206 |
| Interest Rate Swap MTM | $2,302,383 |
| Other Liabilities | $15,791,069 |
| Pledge Payable | $667,564 |
| Student Loan Advances | $4,310,698 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $36,015,426 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $320,704,586 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $45,364,083 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $423,854 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$97,034,209 | OtherRevenueAmt |
| Revenue Not Reported | -$51,246,272 | RevenueNotReportedAmt |
| Revenue Subtotal | $371,950,858 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$9,295,242 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$9,295,242 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $362,655,616 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $257,721,558 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $423,854 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $9,282,344 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $9,706,198 | ExpensesNotReportedAmt |
| Expenses Subtotal | $248,015,360 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $97,034,209 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $97,034,209 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $345,049,569 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 4: Description of organization's collections and how it furthers its purpose. | The University of St. Thomas holds two collections of artwork. The Asmat Art and Artists collection constitutes one of the most comprehensive collections of Asmat art in the United States. Located on the St. Paul campus it provides students, faculty, staff, and surrounding communities with opportunities to learn about traditional Asmat culture, contemporary challenges for Asmat artists, and ongoing opportunities Asmat artists have for presenting their work. The University of St. Thomas Campus Collection comprises over 1,000 objects, including paintings, sculptures, decorative arts, stained glass, and textiles. Many of these works are on display in public areas of the libraries, offices, classrooms, dormitories, seminary buildings, and the student center; and in various outdoor settings. Several areas, such as the Sculpture Garden of the O'Shaughnessy-Owens Science complex, the Gainey Center in Owatonna, and the Bernardi Campus in Rome, have noteworthy ensembles. Many works of art are used directly for teaching purposes in the Art History classroom, as well as specialized settings such as the Luann Dummer Center for Women. Others play a direct role in worship and meditation. |
| Part IV, Line 2b: Explanation of escrow account liability | The University of St. Thomas administers the investments owned by other non-profit organizations. Those organizations delegate the authority to direct the investment of their investment funds to the University. These investment funds are invested by the University along with University's investment funds, based on the advice received from the University's third party investment advisors and Investment Committee of the Board. The University does not provide any independent investment advice. The other organizations agree to accept the advice from the University's investment advisor and do not have the right to self direct the investment of their investment funds. The other organization's investment funds are commingled with and invested as a part of the University's investment funds, in the same investment vehicles and allocation percentages, as the University's investment funds. |
| Part V, Line 4: Intended uses of the endowment fund. | The University's endowment is used for student financial aid, instruction and other related activities, and educational and general operations. |
| Part XII, Line 2d: Other expenses and losses per audited F/S | Special Events Expenses $56789 Cost of Goods Sold $9238453 Net unrealized loss on Interest Exchange $-343661 Deferred Tax Expense $330763 |
| Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S | Student Aid Reclass $97034209 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency | The University of St. Thomas receives primarily Title IV Funding from the Department of Education (i.e., Pell, Perkins, Workstudy and SEOG). |
| Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized | Ads in local papers and broadcast media |
| Schedule E, Line 4 - Explanation of Records and Materials Not Maintained | |
| Schedule E, Line 5 - Explanation of Organization Discrimination by Race |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (29 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| Ctrl. Am. & Caribb. | 0 | 0 | Investments | $105,882,325 | |
| Europe | 0 | 0 | Investments | $8,821,637 | |
| Europe | 0 | 0 | Program services | $107,951 | Intl Stud-Win/Sem |
| East Asia | 0 | 0 | Program Services | $17,145 | Intl Stud-Win/Sem |
| Europe | 1 | 7 | Program Services | $552,815 | Bernardi Campus |
| East Asia | 0 | 0 | Program Services | $6,741 | Grad Study Abroad Aid |
| Europe | 0 | 0 | Program Services | $3,657 | Intl Studies-Sem/Sum |
| South Asia | 0 | 0 | Program Services | $15,572 | Grad Study Abroad Aid |
| Europe | 0 | 0 | Program Services | $15,330 | Grant Work |
| South America | 0 | 0 | Program Services | $86 | Vision Trip |
| Ctrl. Am. & Caribb. | 0 | 0 | Program Services | $28,486 | Vision Trip |
| East Asia | 0 | 0 | Program Services | $26,895 | Executive-MBA |
| South Asia | 0 | 0 | Program Services | $10,065 | Vision Trip |
| Europe | 0 | 0 | Program Services | $236,643 | Study Abroad |
| Sub-Saharan Africa | 0 | 0 | Program services | $50,500 | Grant Work |
| East Asia | 0 | 0 | Program services | $84,497 | Study Abroad Aid |
| South America | 0 | 0 | Program Services | $93 | Grant Work |
| Sub-Saharan Africa | 0 | 0 | Program Services | $750 | Study Abroad Aid |
| Sub-Saharan Africa | 0 | 0 | Program Services | $18,755 | Intl Studies-Sem/Sum |
| Middle East & N Africa | 0 | 0 | Program Services | $95,955 | Courses Abroad |
| Europe | 0 | 0 | Program Services | $167,049 | Courses Abroad |
| North America | 0 | 0 | Investments | $11,417,788 | |
| Russia and Neigh. Count. | 0 | 0 | Program Services | $133,403 | Conf. and Symp. |
| Europe | 0 | 0 | Program Services | $23,945 | Recruitment |
| South Asia | 0 | 0 | Program Services | $1,138 | Recruitment |
| East Asia | 0 | 0 | Program Services | $3,420 | Recruitment |
| Middle East | 0 | 0 | Program Services | $955 | Recruitment |
| Ctrl. Am. & Caribb. | 0 | 0 | Program Services | $301 | Recruitment |
| South America | 0 | 0 | Program Services | $51 | Recruitment |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 1 | SubtotalOfficesCnt |
| Subtotal Employees | 7 | SubtotalEmployeesCnt |
| Total Office | 1 | TotalOfficeCnt |
| Total Employee | 7 | TotalEmployeeCnt |
| Subtotal Spent | $115,860,438 | SubtotalSpentAmt |
| Continuation Spent | $11,863,510 | ContinuationSpentAmt |
| Total Spent | $127,723,948 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Sub-Saharan Afr | RegionTxt |
| Purpose Of Grant | Grant | PurposeOfGrantTxt |
| Cash Grant | $50,500 | CashGrantAmt |
| Manner Of Cash Disbursement | Wire Transf | MannerOfCashDisbursementTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Org | 1 | TotalOtherOrgCnt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (5 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|---|
| Externally Funded Student Aid | East Asia & Pacific | 3 | $12,600 | Disb stdt accts |
| Externally Funded Student Aid | Europe | 16 | $24,598 | Disb stdt accts |
| Institutional Student Aid | East Asia & Pacific | 11 | $71,897 | Disb stdt accts |
| Institutional Student Aid | Europe | 40 | $212,046 | Disb stdt accts |
| Institutional Student Aid | Sub-Saharan Africa | 1 | $750 | Disb Stdt Accts |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US | FormAndLineReferenceDesc |
| Explanation | Student financial aid is processed under individual grant funds within our accounting system, and the student financial aid in also processed under each individual student account. This approach to record financial aid by fund and by student account, provides a detailed record of how the funds are spent according to donor and governmental requirements. The Financial Aid office monitors student account activity to verify the student's enrollment and use of the funds according to the grant requirements.Grants are provided to established foreign organizations that are educational and/or charitable and the University is in contact with those organizations to ensure the grant funds are expended appropriately. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ruffalo CODY LL | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 3018 | AddressLine1 |
| City | Cedar Rapi | City |
| State | IA | State |
| ZIP Code | 52406 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | Solicitations | ActivityTxt |
| Fundraiser Control Of Funds | false | FundraiserControlOfFundsInd |
| Gross Receipts | $375,898 | GrossReceiptsAmt |
| Retained By Contractor | $150,400 | RetainedByContractorAmt |
| Net To Organization | $225,498 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $375,898 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $150,400 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $225,498 | TotalNetToOrganizationAmt |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AZ | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Men's Basketball Golf Tournament | NameOfEvent1Amt |
| Gross Receipts Event1 | $24,697 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $15,380 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $9,317 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $8,345 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $1,696 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | Football Golf Tournament | NameOfEvent2Amt |
| Gross Receipts Event2 | $17,885 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $6,750 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $11,135 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $14,674 | RentFacilityCostsEvent2Amt |
| Other Direct Expenses Event2 | $3,260 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 4 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $52,836 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $20,740 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $32,096 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $24,926 | RentFcltyCostsOtherEventsAmt |
| Oth Direct Expnss Other Events | $3,888 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $95,418 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $42,870 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $52,548 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $47,945 | RentFcltyCostsTotalEventsAmt |
| Oth Direct Expnss Total Events | $8,844 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $56,789 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$4,241 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (11 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| Center for Ethical Bus | ||||||||
| 100 LaSalle Avenue TMH331 | Minneapolis | MN | 55403 | 411431488 | 501(c)(3) | $198,544 | $0 | General support |
| Friends of East Africa | ||||||||
| 2866 White Bear Ave | Maplewood | MN | 55109 | 461673385 | 501(c)(3) | $50,000 | $0 | General Support |
| Loaves and Fishes | ||||||||
| 1121 Jackson St NE Ste 143 | Minneapolis | MN | 55413 | 411421522 | 501(c)(3) | $12,188 | $0 | General Support |
| Macalester Groveland Community Council | ||||||||
| 320 S Griggs St | St Paul | MN | 55105 | 411414691 | 501(c)(3) | $10,350 | $0 | General Support |
| Minnesota Justice Foundation | ||||||||
| 229 19th Ave S | Minneapolis | MN | 55455 | 411447537 | 501(c)(3) | $28,940 | $0 | Public Service Program |
| Neighborhood House | ||||||||
| 179 Robie Street East | St Paul | MN | 55107 | 410693916 | 501(c)(3) | $7,000 | $0 | General Support |
| Open Arms of MN | ||||||||
| 2500 Bloomington Ave S | Minneapolis | MN | 55404 | 411681317 | 501(c)(3) | $7,000 | $0 | General Support |
| Sacred Heart Church | ||||||||
| 840 6th Street East | St Paul | MN | 55106 | 410847107 | 501(c)(3) | $250,000 | $0 | Repair/Restoration |
| Store to Door | ||||||||
| 1935 County Rd B2 W Ste 250 | Roseville | MN | 55113 | 411433859 | 501(c)(3) | $7,000 | $0 | General Support |
| Union Park District Council | ||||||||
| 1570 Concordia Ave Suite LL100 | St Paul | MN | 55104 | 411434829 | District 13 | $10,350 | $0 | General Support |
| Youth Farm & Market Project | ||||||||
| 128 W 33rd St | Minneapolis | MN | 55408 | 501(c)(3) | $7,000 | $0 | General Support | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 10 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (6 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Institutional Student Aid | 8514 | $86,571,968 |
| Institutional Tuition and Fee Exemptions | 2278 | $5,283,195 |
| Externally Funded Student Aid | 1992 | $4,682,894 |
| ELS Tuition Assistance | 3 | $14,310 |
| Student Stipends | 486 | $262,703 |
| Student Prizes & Awards | 350 | $26,025 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Grantmaker's Description of How Grants are Used | FormAndLineReferenceDesc |
| Explanation | As gifts and grants are received, individual funds are established in our general ledger system to process the grant revenue and expense. A financial manager is assigned to review and oversee the activity of the fund. In addition, other administrative departments also provide services to process, report, and review the grant information.In the case of private grants, the University follows a formalized grant application process to verify that the University understands the grant obligation and purpose before the application is sent to the grantor organization.Many private and government grants are received for student financial aid. Our Enrollment Services department follows a detailed policy and procedures manual that describes how each scholarship is awarded, including selection criteria. These procedures follow guidelines set by the University's senior leadership.Student financial aid is processed under individual grant funds within our accounting system (as described above), and the student financial aid in also processed under each individual student account. This approach to record financial aid by fund and by student account, provides a detailed record of how the funds are spent according to donor and governmental requirements. The Financial Aid office monitors student account activity to verify the student's enrollment and use of the funds according to the grant requirements.Grants are provided to established organizations that are educational and/or charitable and the University is in contact with those organizations to ensure the grant funds are expended appropriately. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
| Rebuttable Presumption Proc | false | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|
| Christopher Puto | |||||
| Dean Opus Col Bus | $356,970 | $16,414 | $23,500 | $7,582 | $404,466 |
| David Deeds | |||||
| Chair of Entrepene | $243,079 | $13,246 | $22,433 | $65,315 | $344,073 |
| Father Dennis Dease | |||||
| Trustee | $207,596 | $35,674 | $13,050 | $30,505 | $286,825 |
| Julie Sullivan | |||||
| President | $347,947 | $1,386 | $3,828 | $353,161 | |
| Mark Dienhart | |||||
| Chief Administrative Officer | $790,542 | $17,791 | $15,264 | $12,699 | $836,296 |
| Mark Vangsgard | |||||
| Treasurer | $231,005 | $23,330 | $22,528 | $18,949 | $295,812 |
| Michael Paulsen | |||||
| Law Professor | $324,380 | $23,500 | $20,589 | $368,469 | |
| Ritch Sorenson | |||||
| Professor | $214,862 | $23,248 | $22,597 | $9,319 | $270,026 |
| Robert Vischer | |||||
| Dean School of Law | $233,916 | $17,565 | $23,500 | $22,637 | $297,618 |
| Sara Gross Methner | |||||
| Secretary | $207,866 | $17,811 | $20,895 | $19,680 | $266,252 |
| Susan Alexander | |||||
| Secretary | $149,506 | $10,400 | $15,133 | $7,799 | $182,838 |
| Susan Huber | |||||
| Chief Academic Officer | $280,680 | $23,411 | $23,500 | $1,469 | $329,060 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a: Relevant information in regards to selections on 1a. | Housing - Julie Sullivan - condition of employment and not treated as compensationClub Dues - Mark Dienhart - personal use treated as compensationPersonal Services - Julie Sullivan - event and cleaning services - not treated as compensation. |
| Part I, Line 7: Non-Fixed payments not listed above | Under the University of St. Thomas' accountable plan, employees are reimbursed for business expenses incurred while conducting business on behalf of the university. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | CUSIPCUSIPNum |
|---|---|---|---|---|---|---|---|
| MN Higher Ed Facilities Authority | |||||||
| A | 410988525 | 2012-05-30 | $12,300,000 | See Schedule O | false | false | |
| MN Higher Ed Facilities Authority | |||||||
| B | 410988525 | 2013-03-28 | $29,327,034 | See Schedule O | false | false | 60416HB78 |
| MN Higher Ed Facilities Authority | |||||||
| C | 410988525 | 2004-08-19 | $30,000,000 | See Schedule O | Yes (true) | false | 60416HDR2 |
| MN Higher Ed Facilities Authority | |||||||
| D | 410988525 | 2012-05-30 | $15,325,000 | See Schedule O | false | false | |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Other Spent ProceedsOtherSpentProceedsAmt | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | RetiredRetiredAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Bond DefeasedBondDefeasedAmt | In Reserve FundInReserveFundAmt | Capital ExpendituresCapitalExpendituresAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $12,300,000 | $12,300,000 | Yes (true) | false | Yes (true) | Yes (true) | |||||
| B | $29,327,035 | $29,105,000 | Yes (true) | false | Yes (true) | Yes (true) | $1,170,000 | $209,634 | |||
| C | $31,299,484 | false | false | Yes (true) | Yes (true) | $5,030,000 | $330,667 | $24,970,000 | $2,170,812 | $28,297,996 | |
| D | $15,325,000 | $15,325,000 | Yes (true) | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | 0.00292 | 0.00292 | false | false | Yes (true) |
| B | false | Yes (true) | false | false | 0.00770 | 0.00770 | false | false | Yes (true) |
| C | false | false | false | false | 0.01614 | 0.01614 | false | false | Yes (true) |
| D | false | false | false | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Exception To RebateExceptionToRebateInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|
| A | false | Yes (true) | false | false | false | false |
| B | false | Yes (true) | false | false | false | false |
| C | Yes (true) | false | false | false | false | |
| D | false | Yes (true) | false | false | false | false |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
| C | Yes (true) |
| D | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part VI | FormAndLineReferenceDesc |
| Explanation | A2 (CUSIP # 60416HGJ7)- Rebate calculation completed October 30, 2006B2 (CUSIP # 60416HNZ3)- Rebate calculation completed November 25, 2013C2 (CUSIP # 60416HPM0)- Rebate calculation completed April 1, 2014D2 (CUSIP # 60416HQH0)- Rebate calculation completed February 8, 2013 | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd |
|---|---|---|---|---|---|---|---|
| MN Higher Ed Facilities Authority | |||||||
| A | 410988525 | 60416HGJ7 | 2006-02-16 | $40,076,082 | See Schedule O | false | false |
| MN Higher Ed Facilities Authority | |||||||
| B | 410988525 | 60416HNZ3 | 2008-12-16 | $18,158,074 | See Schedule O | false | false |
| MN Higher Ed Facilities Authority | |||||||
| C | 410988525 | 60416HPM0 | 2009-06-17 | $58,615,252 | See Schedule O | false | false |
| MN Higher Ed Facilities Authority | |||||||
| D | 410988525 | 60416HQH0 | 2009-12-16 | $79,577,457 | See Schedule O | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Other Spent ProceedsOtherSpentProceedsAmt | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Capitalized InterestCapitalizedInterestAmt | Capital ExpendituresCapitalExpendituresAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $15,545,000 | $40,763,120 | $1,789,855 | $451,800 | $37,841,798 | false | Yes (true) | Yes (true) | Yes (true) | ||
| B | $2,140,000 | $18,325,118 | $1,401,791 | $257,451 | false | false | Yes (true) | Yes (true) | $466,482 | $16,500,617 | |
| C | $4,975,000 | $59,036,541 | $4,337,541 | $732,488 | false | false | false | Yes (true) | $3,640,128 | $50,285,496 | |
| D | $5,115,000 | $80,287,874 | $5,382,580 | $808,609 | false | false | false | Yes (true) | $4,750,583 | $68,978,700 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct |
|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | false | false | Yes (true) | ||
| B | false | false | false | false | false | false | Yes (true) | ||
| C | false | false | false | false | false | false | Yes (true) | 0.02916 | 0.02916 |
| D | false | false | false | false | false | false | Yes (true) | 0.00446 | 0.00446 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | No Rebate DueNoRebateDueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|
| A | false | Yes (true) | false | false | false | false |
| B | false | Yes (true) | false | false | false | false |
| C | false | Yes (true) | false | false | false | false |
| D | false | Yes (true) | false | false | false | false |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
| C | Yes (true) |
| D | Yes (true) |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MN Higher Ed Facilities A | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 410988525 | BondIssuerEIN |
| Bond Issued | 2014-03-14 | BondIssuedDt |
| Issue Price | $24,210,000 | IssuePriceAmt |
| Purpose | Advd. refund issue dtd 8/19/04 | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $24,210,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $136,888 | IssuanceCostsFromProceedsAmt |
| Other Spent Proceeds | $24,073,112 | OtherSpentProceedsAmt |
| Current Refunding | false | CurrentRefundingInd |
| Advance Refunding | Yes (true) | AdvanceRefundingInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Private Bus Concerning UBI | 0.01614 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.01614 | TotalPrivateBusinessUsePct |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Exception To Rebate | Yes (true) | ExceptionToRebateInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (true) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Various | PersonNm |
| Relationship With Org | Trustee/Empl family | RelationshipWithOrgTxt |
| Cash Grant | $215,789 | CashGrantAmt |
| Type Of Assistance | Scholarships | TypeOfAssistanceTxt |
| Assistance Purpose | Academic | AssistancePurposeTxt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part V Supplemental Information | FormAndLineReferenceDesc |
| Explanation | Schedule L, Part IIIIssuance of academic scholarships to family members of employees and trustees is determined on the same basis and criteria for all students at the university.Schedule L, Part IVAmounts paid to interested persons did not meet IRS reporting thresholds. | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $43,187 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Replacemt Cost | MethodOfDeterminingRevenuesTxt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $4,493 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Replacemt Cost | MethodOfDeterminingRevenuesTxt |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $35,302 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Replacemt Cost | MethodOfDeterminingRevenuesTxt |
Cars And Other Vehicles CarsAndOtherVehiclesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,200 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market Value | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 41 | ContributionCnt |
| Noncash Contributions Rpt F990 | $259,663 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market Value | MethodOfDeterminingRevenuesTxt |
Securities Closely Held Stock SecuritiesCloselyHeldStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $20,132 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market Value | MethodOfDeterminingRevenuesTxt |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,240 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Replacemt Cost | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Insurance Premi | 6 | $3,151 | Replacemt Cost |
| Yes (X) | Gift cert, tick | 83 | $24,804 | Replacemt Cost |
| Yes (X) | Constr. Materia | 1 | $262,210 | Replacemt Cost |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 2 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 4d: Other Program Services Description | OTHER PROGRAM SERVICES 4: Other Program Services: Academic support provided to the university community including library facilities, Academic Advising, and the Faculty Development Center. The university provides public services including the Senior Citizen Center, Loaves and Fishes, Service Learning, and Vision trips. The university also provides other programs to further their educational purposes. |
| Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et | *Amy Goldman - Officer of GHR Foundation which has donated to UST. Board member of Opus Holdings LLC which provides services to UST.*Richard Schulze and David Deeds - Business relationship*Geoffrey Gage - Family's foundation has business relationship with UST.*Mary Marso - Officer of Jeane Thorne Inc. which provides services to UST.*Marianne Short - Sibling has served on UST Law School Board of Trustees.*Pat Ryan - Owner of Ryan Companies US, Inc which is a service vendor to UST.*Andrew Duff - Officer of Piper Jaffray Companies. Piper Jaffray Companies' subsidiary provides investment management services to UST.*Lee Anderson - Owner of APi Supply Inc. which has rented equipment to UST.*Mike Dougherty - Owner of Dougherty Financial Group LLC which has sold bonds for UST.*William Reiling and Mark Gregg - Business relationship*Pat Ryan and Lee Anderson - Business relationship*Pat Ryan and Stephen Hemsley - Business relationship*James Gearen and Richard Schulze - Business relationship*Ann Winblad and Richard Schulze - Business relationship*Ray Barton and Michael Dougherty - Family relationship*John Allen and Lee Anderson - Business relationship |
| Form 990, Part VI, Line 11b: Form 990 Review Process | A full draft copy of the Form 990 (excluding Schedule B) and Form 990-T are sent to all members of the Board of Trustees. An executive summary of the returns is also provided. The board members have approximately one week to review the return and email comments or questions. After taking into account the board questions and comments, the return is presented to the Audit / Finance Committee for approval. The full Board of Trustees delegated approval authority of the tax return to the Audit / Finance Committee. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | All trustees, officers, key employees and the five highest paid employees of the university are requested to file an annual disclosure statement and report any known conflicts of interest. This disclosure statement must be completed at the time of appointment and then annually on or before October 31. The disclosure requires the individuals to note known and potential relationships or transactions which may give rise to a conflict. Trustees and officers also are requested to notify the Vice President for Business Affairs immediately if a change in his or her disclosure statement occurs during the year. The University reviews the forms and any identified conflicts are monitored to ensure compliance with the policy. All contracts, agreements, or arrangements that have the potential for a financial or other type of conflict of interest are reviewed and approved by the appropriate group, as laid out in our policy. An interested person recuses him or herself from the decision-making process, including removing him or herself from any discussions or meetings regarding the potential arrangement. Those without an interest in the matter decide whether a contract, agreement, transaction , or arrangement is fair and reasonable and is in the best interest of the University. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | The Executive Committee of the Board of Trustees discusses the President's compensation and benefits plan. Human Resources provides market data as requested. Base salary information is derived from the College & University Professional Association (CUPA) annual salary survey for President's of private and religious institutions. A portion of the President's package is determined by the Archdiocese as established in the annual memorandum on Priest pay and benefits published by the Archbishop the June of every year. The Executive Committee must approve any changes to the President's compensation package other than those dictated by the Archdiocese. The President's salary was reviewed in September 2008. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | The University of St. Thomas does not make its governing documents, including the Articles of Incorporation and Bylaws, available to the public. The university's conflict of interest policy is on the university's web site and is accessible to the public. The university's financial statements are available by request and are also available on the university's web site. |
| Other Changes In Net Assets Or Fund Balances - Other Increases | Net Unrealized Loss on Interest Exchange = $343661 |
| Other Changes In Net Assets Or Fund Balances - Other Decreases | Tax Expense = -$330763 |
| Form 990, Part VI, Line1 Governing Body | The Executive Committee is comprised of all the Chairs of the various Board Committees, the President of the University of St. Thomas, and others elected by the Board Affairs Committee. All of the Executive Committee members are members of the university's Board of Trustees. The Executive Committee has the right to act on behalf of the Board of Trustees in any matter that the Board itself could address. |
| Sch E, Line 6 | The University of St. Thomas receives primarily Title IV Funding from the Department of Education (i.e., Pell, Perkins, Workstudy and SEOG). |
| Sch K, Part I Bond Issues, Column (f) | A - Refund issue dated 2/16/2006.B - Refund issues dated 8/19/2004 & 4/25/2002.C - Acquisition, construction, equipping, and furnishing of an apartment-style residential hall and related parking facility.D - Refund issues dated 10/28/1999 & 9/25/1997.A2 - Refunding of the outstanding principal of the prior bonds, paying all accrued interest on the prior bonds through their date of redemption together with any redemption premium due on such date, funding a debt service reserve and paying certain issuance costs of the bonds. Series 6I was a refunding of Series 4-A1, 4-M, and 4-P. Series 4-A1 had an original issue date of March 1, 1996, original issue amount $11,645,000. Series 4-M had original an issue date June 15, 1997, original issue amount $21,680,000. Series 4-P had an original issue date December 1, 1997, original amount $15,435,000B2 - Construction and equipping of a five-level below-and above-ground parking facility with approximately 725 parking stalls for students, faculty, and visitors.C2 - Construction and equipping of a three-level, approximately 180,000 square foot athletic and recreation complex for students, faculty, and staff to be known as Anderson Athletic and Recreation Complex.D2 - Construction, equipping and furnishing of a three-level (plus basement), approximately 218,000 square foot student center to be known as Anderson Student Center, construction and equipping of outdoor tennis courts, and renovations to McCarthy Gym.A3 - Refund issue dated 8/19/2004. |