2015-04-30T16:02:06-05:00 2014-12-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2014-01-01 411703838 SAINT MARY'S PRESS OF MINNESOTA SAIN 5074577900 702 TERRACE HEIGHTS WINONA MN 559871320 STEVE SKIFTON CFO 5074577900 2015-04-27 1 LARRY ADAMS P01314654 6123764500 2014 2016-04-25 22:37:26Z JOHN VITEK 702 TERRACE HEIGHTS WINONA MN 559871320 12150607 0 X WWW.SMP.ORG X 1991 MN OUR PRIMARY PURPOSE IS TO DEVELOP EDUCATIONAL MATERIALS WITH A FOCUS ON RELIGIOUS EDUCATION. 10 9 75 9 0 0 0 0 0 0 116356 158218 5093354 4777303 5209710 4935521 22393 48307 0 0 2759172 2915452 0 0 0 1942816 1722386 4724381 4686145 485329 249376 18018322 17560150 1673614 707158 16344708 16852992 TO DEVELOP EDUCATIONAL MATERIALS WITH A FOCUS ON RELIGIOUS EDUCATION. 0 0 1948041 48307 4773694 DISTRIBUTION OF RELIGIOUS EDUCATION MATERIALS TO VARIOUS SCHOOLS AND BOOKSTORES INCLUDING EDITING AND PRINTING OF RELIGIOUS TEXTS. 1948041 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 188 0 75 1 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 0 0 1 0 0 MN X STEVE SKIFTON 5074577900 702 TERRACE HEIGHTS WINONA MN 559871320 JOHN VITEK CEO/PRESIDENT/DIRECTOR 40.00 X X 178344 0 31975 CHERI BROADHEAD DIRECTOR 1.00 X 0 0 0 MARIA CAPOUCH DIRECTOR 1.00 X 0 0 0 BARBARA DAUSH DIRECTOR 1.00 X 0 0 0 HEATHER FERRO DIRECTOR 1.00 X 0 0 0 BR THOMAS JOHNSON DIRECTOR 1.00 X 0 0 0 WALTER JUNGBAUER DIRECTOR 1.00 X 0 0 0 ROBERT MCCARTY DIRECTOR 1.00 X 0 0 0 BEN MURRAY DIRECTOR 1.00 X 0 0 0 BR MICHAEL QUIRK DIRECTOR 1.00 X 0 0 0 JUDITH SCHAEFER DIRECTOR 1.00 X 0 0 0 DAN WALLEK DIRECTOR 1.00 X 0 0 0 STEVE SKIFTON TREASURER/CFO 40.00 X 111332 0 33792 PAM CONLEY ASSISTANT TREASURER 40.00 X 46266 0 25268 CATHY ESPY ASSISTANT SECRETARY 40.00 X 66094 0 27730 CAREN YANG ASSISTANT SECRETARY 40.00 X 97700 0 15218 JAMES GELLER SALES & MARKETING DIRECTOR 40.00 X 107396 0 38538 607132 0 172521 3 0 1 0 RR DONNELLEY PO BOX 905151 CHARLOTTE NC 282905151 PRINTED BIBLES AND TEXTBOOKS 540005 UPS LOCKBOX 577 CAROL STREAM IL 601320577 SHIPPING 368136 EMERGENT NETWORKS LLC 3600 MINNESOTA DRIVE SUITE 150 EDINA MN 55435 PHONE SYSTEM 171599 DICKINSON PRESS PO BOX 72100 CLEVELAND OH 44192 PRINTED BIBLES AND TEXTBOOKS. 167702 PCM SALES INC FILE 55327 LOS ANGELES CA 900745327 COMPUTER EQUIPMENT 157245 9 147208 147208 2200000 11445 2200000 435 0 11010 11010 11010 9788345 5014651 4773694 4773694 MISCELLANEOUS 090099 3609 3609 3609 4935521 4773694 0 161827 48307 48307 633720 31548 602172 1820093 930375 889718 125389 75656 49733 180040 98421 81619 156210 65283 90927 6239 6239 15899 15899 107657 4103 103554 374875 362805 12070 19777 19777 206827 206827 57847 57847 156473 156473 296229 205676 90553 244994 98629 146365 SHIPPING, PRINTING, POS 115962 115962 MISCELLANEOUS 68562 68562 COLLEGE DIVISION 27238 27238 PRODUCT DEVELOPMENT 23807 23807 4686145 1948041 2738104 0 3788640 631980 615354 602217 2289620 1520895 43245 109692 5689889 3572023 2014393 2117866 8813619 12106060 453451 471440 18018322 17560150 1314261 373561 359353 333597 1673614 707158 X 16344708 16852992 16344708 16852992 18018322 17560150 249376 258908 0 X 0 1 X 1 0 X 9027928 9156289 9336362 10663796 9788345 47972720 9027928 9156289 9336362 10663796 9788345 47972720 0 2080084 1943314 2171651 2598658 2795291 11588998 2080084 1943314 2171651 2598658 2795291 11588998 36383722 168206 129585 125601 116356 147208 686956 168206 129585 125601 116356 147208 686956 37288 -14448 -5580 3609 20869 9233422 9271426 9456383 10780152 9939162 48680545 0.74740 0.78360 0.01410 0.01420 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2010 AMOUNT: $ 37,288. 2011 AMOUNT: $ -14,448. 2012 AMOUNT: $ -5,580. 2014 AMOUNT: $ 3,609. 2990098 1794798 1195300 2580380 1777225 803155 119411 119411 2117866 INVESTMENTS IN COMMON TRUST FUNDS 12106060 F 12106060 ROYALTIES PAYABLE 255101 INCENTIVE PLAN SALARIES 78496 333597 X 10160773 258908 5014651 5273559 4887214 48307 48307 4935521 4637838 0 4637838 48307 48307 4686145 PART X, LINE 2: SAINT MARY'S PRESS IS GENERALLY EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE STATUTES. MANAGEMENT HAS EVALUATED SAINT MARY'S PRESS'S TAX POSITIONS IN ACCORDANCE WITH GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND CONCLUDED THAT SAINT MARY'S PRESS HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, SAINT MARY'S PRESS IS NO LONGER SUBJECT TO U.S. FEDERAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE THE TAX YEAR ENDED 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 5,014,651. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS PROVIDED RECLASSIFIED FROM OTHER INCOME TO PROGRAM EXPENSE 48,307. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS PROVIDED RECLASSIFIED FROM OTHER INCOME TO PROGRAM EXPENSE 48,307. 1 PART I, LINE 2: THE BIBLE GRANT PROGRAM PROVIDES BIBLES TO PRISONS AND SCHOOL DISTRICTS IN LOW INCOME AREAS. NO ONE ORGANIZATION RECEIVED NON-CASH GRANTS IN EXCESS OF $5,000. X X X 0 0 0 0 0 1 0 0 0 JOHN VITEK CEO/PRESIDENT/DIRECTOR 139807 0 31028 0 7509 0 24020 0 7955 0 210319 0 0 0 PART I, LINE 6 THE ORGANIZATION'S SELECTIVE INCENTIVE PLAN IS LIMITED TO CORE MANAGERS AND KEY EMPLOYEES. THE BOARD APPROVES THE ANNUAL SELECTIVE INCENTIVE PLAN DISTRIBUTION BASED ON THE RECOMMENDATION FROM MANAGEMENT. THE TOTAL AMOUNT OF BONUSES MAY BE UP TO 50% OF THE NET OPERATING INCOME FOR THE YEAR, BUT IN NO EVENT GREATER THAN 22 1/2% OF THE EMPLOYEE'S BASE SALARY. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS SHALL BE THOSE INDIVIDUALS WHO ARE THE INCUMBENT VOTING MEMBERS OF THE DISTRICT COUNCIL OF THE MIDWEST PROVINCE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS, AS SELECTED ACCORDING TO THE RULES AND PROCEDURES OF THE MIDWEST PROVINCE OF THE BROTHERS OF THE CHRISTIAN SCHOOLS, A ROMAN CATHOLIC RELIGIOUS INSTITUTE. FORM 990, PART VI, SECTION A, LINE 7A CHRISTIAN BROTHERS OF THE MIDWEST HAS A DESIGNATED MEMBER ON THE SMP BOARD. THIS DESIGNATED MEMBER HAS THE SAME VOTING RIGHTS AS ALL OTHER MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING ACTIONS REQUIRE APPROVAL BY THE ORGANIZATION'S MEMBERS: AMENDMENT OF THE GOVERNING DOCUMENTS; SALE, LEASE, OR PLEDGE OF REAL ESTATE OR OTHER ASSETS OF THE ORGANIZATION, INCLUDING A MERGER WITH ANOTHER ORGANIZATION; APPOINTMENT OR REMOVAL OF THE BOARD OF DIRECTORS; DISSOLUTION OF THE CORPORATION AND DISTRIBUTION OF ITS ASSETS. FORM 990, PART VI, SECTION A, LINE 8B COMMITTEES DO NOT MAKE DECISIONS ON BEHALF OF THE BOARD, BUT MAKE RECOMMENDATIONS TO THE BOARD; THEREFORE THERE IS NO WRITTEN ACTIONS OR DECISIONS BY A COMMITTEE TO DOCUMENT. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS. THE BOARD REVIEWS THE DRAFT FORM 990, ADDRESSING ANY COMMENTS OR CONCERNS PRIOR TO FILING THE FORM WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER, OFFICER AND EMPLOYEE RECEIVES A COPY OF THE CONFLICT OF INTEREST POLICY ANNUALLY. THE POLICY REQUIRES SIGNED ACKNOWLEDGEMENT AND DISCLOSURE OF ANY CONFLICT. EMPLOYEES' FORMS ARE REVIEWED BY MANAGEMENT TO DETERMINE IF A CONFLICT EXISTS. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS ALL FORMS FROM THE OFFICERS AND BOARD MEMBERS TO DETERMINE IF A CONFLICT EXISTS. THE DIRECTOR OR OFFICER HAVING A CONFLICT SHALL NOT PARTICIPATE IN THE DELIBERATION OR DECISION REGARDING THE MATTER UNDER CONSIDERATION AND SHALL RETIRE FROM THE ROOM DURING DELIBERATIONS EXCEPT TO THE EXTENT HE OR SHE HAS BEEN INVITED BY THE BOARD OR COMMITTEE TO PARTICIPATE, AFTER CONSIDERATION OF THE SIGNIFICANCE TO SMP OF THE DISCLOSED CONFLICT. ANY PROPOSED TRANSACTION OR ACTION IN WHICH THE BOARD HAS DETERMINED THAT A DIRECTOR OR OFFICER HAS A CONFLICT OF INTEREST IS TO BE APPROVED BY A MAJORITY OF THE DIRECTORS ENTITLED TO VOTE OTHER THAN THE INTERESTED DIRECTOR(S) AT A MEETING AT WHICH A QUORUM IS PRESENT. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE GATHERS AVAILABLE PUBLISHING INDUSTRY MARKET COMPARISONS AND LOCAL MARKET COMPARISONS AND PRESENTS THE INFORMATION TO THE BOARD OF DIRECTORS FOR DETERMINATION OF THE BASE SALARY OF THE PRESIDENT AND CFO. OUTSIDE EVALUATIONS OF THE PRESDIENT AND CFO ARE CONDUCTED EVERY FIVE YEARS, MOST RECENTLY IN 2010. THE BOARD ALSO APPROVES THE BONUS INCENTIVE PAY FOR KEY EMPLOYEES. FOR OTHER OFFICERS AND KEY EMPLOYEES, INDUSTRY AND MARKET COMPARISIONS ARE PERFORMED BY MANAGEMENT. COMPENSATION IS REVIEWED AT THE TIME OF HIRE AND IS SUBSEQUENTLY ADJUSTED FOR SIGNIFICANT CHANGES IN POSITION OR DUTIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. THE CHRISTIAN BROTHERS OF THE MIDWEST INC 7650 S COUNTY LINE ROAD B BURR RIDGE IL 60527 364027959 RELIGIOUS ORDER MN 501(C)(3) LINE 1 N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0