2014-03-12T11:09:40-05:00 2013-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 225 S 6TH ST STE 2300 MINNEAPOLIS MN 55402 990 2012-07-01 941156599 SAINT MARY'S COLLEGE OF CALIFORNIA SAIN 9256314571 PO BOX 3554 MORAGA CA 945753554 PETER A MICHELL 9256314571 2014-02-11 1 LAWRENCE H MOHR CPA P00447603 6128764500 2012 2015-11-30 17:44:51Z PETER A MICHELL PO BOX 3554 MORAGA CA 945753554 186499089 0 X WWW.STMARYS-CA.EDU X 1863 CA INSTRUCTIONAL, DEPARTMENTAL RESEARCH, STUDENT AID, LIBRARY AND AUXILIARY SERVICES SUCH AS DINING AND RESIDENCE HALLS. 25 22 2319 25 16952 -43 7067155 7298445 149842810 157842239 3947893 2664558 476278 549739 161334136 168354981 41081111 42564386 0 0 72370280 77406545 122907 122000 5027652 43623133 45830858 157197431 165923789 4136705 2431192 296953191 311625291 114329934 105174632 182623257 206450659 SAINT MARY'S COLLEGE OF CALIFORNIA IS AN INSTITUTION OF HIGHER EDUCATION THAT GRANTS ASSOCIATE, BACCALAUREATE, AND MASTERS DEGREES IN LIBERAL ARTS, SCIENCE, BUSINESS ADMINISTRATION AND EDUCATION, AS WELL AS A DOCTORATE IN EDUCATION. 0 0 135487413 42564386 157798126 HIGHER EDUCATION: INSTRUCTION, DEPARTMENTAL RESEARCH, STUDENT AID, LIBRARY, ART MUSEUM, RESIDENCE HALLS, DINING, INTERCOLLEGIATE ATHLETICS, AND STUDENT SERVICES FOR OVER 4,000 STUDENTS. 135487413 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 1 0 1 0 1 292 3 1 2319 1 1 1 1 CJ 0 0 0 1 1 0 0 0 0 X 25 22 1 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X PETER A MICHELL 9256314571 1928 ST MARYS RD MORAGA CA 94556 BR RONALD GALLAGHER FSC 40.00 X X 0 0 0 RUSSELL J HARRISON 1.00 X X 0 0 0 MEGHAN B LEADER 1.00 X X 0 0 0 JAMES BAHAN 1.00 X 0 0 0 ROBIN JOHN DRISCOLL 1.00 X 0 0 0 SANDRA J FEASTER 1.00 X 0 0 0 GARTH FLINT 1.00 X 0 0 0 LOUISA GARAVENTA-BINSWANGER 1.00 X 0 0 0 LAURA GARCIA-CANNON 1.00 X 0 0 0 BR CHARLES HILKEN FSC 1.00 X 0 0 0 BR DONALD JOHANSON FSC 1.00 X 0 0 0 PETER W KELLY 1.00 X 0 0 0 REV PATRICK L LABELLE OP 1.00 X 0 0 0 PHILIP E LEBHERZ 1.00 X 0 0 0 JOHN MACKEN 1.00 X 0 0 0 BR WILLIAM MANN FSC 1.00 X 0 0 0 RAND MORIMOTO 1.00 X 0 0 0 THOMAS P O'DONNELL 1.00 X 0 0 0 GEORGE F SCHMITT 1.00 X 0 0 0 STEVE M SMITH 1.00 X 0 0 0 BR STAN SOBCZYK FSC 1.00 X 0 0 0 RICHARD F SPENCER 1.00 X 0 0 0 BRIAN D STEVENS 1.00 X 0 0 0 RAYMOND W SYUFY 1.00 X 0 0 0 BR GEORGE VAN GRIEKEN FSC 1.00 X 0 0 0 MICHAEL BESEDA 40.00 X 174624 0 28905 KEITH BRANT 40.00 X 207261 0 49741 JANE CAMARILLO 40.00 X 152068 0 33316 BETHAMI DOBKIN 40.00 X 246411 0 58664 PETER MICHELL 40.00 X 230895 0 44723 CAROLE SWAIN 40.00 X 148869 0 26565 RANDALL BENNETT 40.00 X 510667 0 82775 ZHAN LI 40.00 X 212419 0 48577 MARK ORR 40.00 X 176826 0 49592 YUNG JAE LEE 40.00 X 173552 0 49159 SHYAM KAMATH 40.00 X 154066 0 27215 EDUARDO SALAZ 40.00 X 152988 0 45793 STEPHEN WOOLPERT 40.00 X 150927 0 39151 DR ALIREZA REZAPOUR 40.00 X 146276 0 33889 RICHARD CARP 40.00 X 142369 0 32233 ROY WENSLEY 40.00 X 138514 0 49001 LARISA GENIN 40.00 X 136609 0 47602 PHYLLIS METCALF 40.00 X 147793 0 24195 3403134 0 771096 106 0 1 0 SODEXO INC FOOD SERVICE MANAGEMENT NO 43283 LOS ANGELES CA 90088 FOOD SERVICE 5311727 ABLE BUILDING MAINTENANCE CO 868 FOLSOM STREET SAN FRANCISCO CA 94107 JANITORIAL SERVICE 2297595 CARONE & COMPANY INC 5009 FORNI DRIVE STE A CONCORD CA 94520 CONSTRUCTION 1370401 COVERAA & CO 200 PARR BLVD RICHMOND CA 94801 CONSTRUCTION 885429 AIR CONTROL INC 80 CAROLYN COURT LAFAYETTE CA 94549 HVAC SERVICE 782576 34 228060 7070385 313728 7298445 TUITION AND FEES 541900 134429466 134429466 AUXILIARY INCOME 611710 20341419 20341419 ATHLETICS 711210 1475247 1461547 13700 GRANT AND CONTRACT REVENUE 541900 877046 877046 OTHER PROGRAM SERVICE REVENUE 611710 688648 681747 6901 30413 30413 157842239 2794836 -3649 2798485 154586 154586 236152 23468 212684 212684 212684 17414617 27346 17558701 13540 -144084 13806 -130278 -130278 730868 228060 548399 182469 182469 168354981 157791225 16952 3248359 42564386 42564386 1636778 178589 1207569 250620 56729635 46569432 7437550 2722653 4263475 3499892 558964 204619 10684920 5849716 4363479 471725 4091737 3358912 536448 196377 780620 780620 125469 125469 122000 122000 528920 528920 10479036 8247525 2089245 142266 2340801 1837214 253063 250524 3651733 2090024 1300959 260750 2331400 621449 1709951 4628342 4340036 288306 2213947 2208950 4997 718426 498659 119298 100469 3235211 2388666 846545 6541746 5477377 1064369 1337237 217848 1119389 PROGRAM COSTS, ACTIVITI 2811493 2312623 221730 277140 PROGRAM DEVELOPMENT 1179576 1128777 50799 EQUIPMENT PURCHASES/AMO 1044560 459010 585550 LIBRARY ACQUISITIONS 780784 780784 1101557 857544 215504 28509 165923789 135487413 25408724 5027652 25765681 24026944 13387413 11882943 2264323 2836314 1949724 1860229 1403831 2446992 217960369 97085907 120738982 120874462 112010239 128831311 17226429 16460722 2206569 2405374 296953191 311625291 7141377 7542835 6500224 6576385 67727089 66318845 840000 735000 2166954 67793 29954290 23933774 114329934 105174632 X 53232331 67039106 38949995 47025153 90440931 92386400 182623257 206450659 296953191 311625291 X 2431192 15988774 5407436 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 122591119 2119425 18579715 5276786 138013473 127891355 781260 -729960 5351536 122591119 110127053 2195996 20941115 5372809 127891355 106298995 3787471 5468717 5428130 110127053 148650269 583522 -36449839 6484957 106298995 0.18000 0.67000 0.15000 0 0 1336000 1336000 174381986 73972958 100409028 16259380 7155926 9103454 20161661 15957023 4204638 5821342 5821342 120874462 11753748 C REAL ESTATE 4706974 F 16460722 FEDERAL GOVERNMENT GRANTS REFUNDABLE 1685156 LIABILITY UNDER TRUST AGREEMENTS 2045322 ASSET RETIREMENT OBLIGATIONS 2451177 POST RETIREMENT BENEFITS PAYABLE 4251303 INTEREST RATE SWAP PAYABLE 13500816 23933774 X 146944002 15988774 286117 -37156950 -20882059 167826061 528920 528920 168354981 123116600 286117 286117 122830483 528920 42564386 43093306 165923789 PART III, LINE 4: CONTRIBUTIONS OF WORKS OF ART, HISTORICAL TREASURES AND SIMILAR ASSETS HELD AS PART OF A COLLECTION FOR EDUCATION, RESEARCH, OR PUBLIC EXHIBITION RATHER THAN FOR SALE, ARE NOT RECOGNIZED OR CAPITALIZED. SIGNIFICANT CONTRIBUTIONS OF WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS NOT HELD AS A PART OF A COLLECTION ARE RECORDED AS REVENUE AND ASSETS AT THEIR ESTIMATED FAIR VALUE AT THE DATE OF RECEIPT BASED UPON APPRAISALS OR SIMILAR VALUATIONS. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: SCHOLARSHIPS, SUPPORT OF ACADEMIC PROGRAMS AND FACULTY DEVELOPMENT DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE COLLEGE FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE COLLEGE FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2013 AND 2012. THE COLLEGE'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR FISCAL 2010 AND THEREAFTER ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: ACTUARIAL ADJUSTMENT 401,298. UNREALIZED GAIN/LOSS ON INTEREST RATE EXCHANGE 6,203,072. FINANCIAL AID AWARDS -42,564,386. WRITE OFF CONSTRUCTION IN PROGRESS -1,196,934. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 42,564,386. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE COLLEGE REGULARLY ADVERTISES ITS PROGRAMS AND POSITIONS AVAILABLE AT THE COLLEGE IN NEWSPAPERS. THESE ADVERTISEMENTS ALWAYS CONTAIN LANGUAGE PUBLICIZING OUR RACIALLY NONDISCRIMINATION POLICY. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES SUPPORT FROM THE UNITED STATES GOVERNMENT IN CONNECTION WITH STUDENT AID PROGRAMS SUCH AS FEDERAL WORK STUDY, PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, NATIONAL SCIENCE AND MATHEMATICAL ACCESS TO RETAIN TALENT GRANTS, ACADEMIC COMPETITIVENESS GRANTS, AND PERKINS LOANS. THE TOTAL FEDERAL EXPENDITURES WERE $47,816,226. CENTRAL AMERICA AND THE CARIBBEAN - 0 0 PROGRAM SERVICES TRAVEL EXPENSES FOR STUDY ABROAD PROGRAM 86714 EAST ASIA AND THE PACIFIC - 0 0 PROGRAM SERVICES TRAVEL EXPENSES FOR STUDY ABROAD PROGRAM 98233 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 0 PROGRAM SERVICES TUITION, HOUSING, AND TRAVEL EXPENSES FOR STUDY ABROAD PROGRAM 487211 SOUTH AMERICA - ARGENTINA, BOLIVIA, 0 0 PROGRAM SERVICES TRAVEL EXPENSES FOR STUDY ABROAD PROGRAM 15985 NORTH AMERICA 0 0 PROGRAM SERVICES TRAVEL EXPENSES FOR STUDY ABROAD PROGRAM 3403 SOUTH ASIA 0 0 PROGRAM SERVICES TRAVEL EXPENSES FOR STUDY ABROAD PROGRAM 52929 SUB-SAHARAN AFRICA - ANGOLA, 0 0 PROGRAM SERVICES TRAVEL EXPENSES FOR STUDY ABROAD PROGRAM 153978 CENTRAL AMERICA AND THE CARIBBEAN - 0 0 INVESTMENTS 7830000 0 0 0 0 0 0 8728453 0 8728453 1 0 0 1 1 0 X X X X X X X 1 RUFFALO CODY PO BOX 3018 CEDAR RAPIDS IA 52401 PHONE SOLICITATION 0 407873 122000 285873 407873 122000 285873 CA AL FL GA HI KS KY LA NJ NM NC ND OH PA RI SC TN WI DE ID IN IA MT NE NV SD TX VT VA NY CT IL WY SESQUICENTENIAL GALA 570711 113145 457566 138196 127740 13425 113177 NOR CAL CLASSIC 98691 57030 41661 10370 18650 9785 2525 9 289526 57885 231641 21000 7261 1026 68162 4477 12605 958928 228060 730868 21000 17631 157872 205687 17902 128307 548399 182469 1 STUDENT SCHOLARSHIPS 2517 42564386 N/A N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE COLLEGE'S FINANCIAL AID OFFICE HAS A SET OF CRITERIA BY WHICH COLLEGE AID IS AWARDED TO STUDENTS. THE FINANCIAL AID OFFICE MAINTAINS RECORDS OF ALL STUDENT AID AWARDED AND SUBSTANTIATION FOR THE AWARDS. X X 1 1 X X 0 0 0 0 0 0 0 0 0 MICHAEL BESEDA 170550 0 0 0 4074 0 26983 0 1922 0 203529 0 0 0 KEITH BRANT 200145 0 0 0 7116 0 30942 0 18799 0 257002 0 0 0 JANE CAMARILLO 150712 0 0 0 1356 0 24786 0 8530 0 185384 0 0 0 BETHAMI DOBKIN 242991 0 0 0 3420 0 35400 0 23264 0 305075 0 0 0 PETER MICHELL 227139 0 0 0 3756 0 33461 0 11262 0 275618 0 0 0 CAROLE SWAIN 146556 0 0 0 2313 0 24308 0 2257 0 175434 0 0 0 RANDALL BENNETT 417345 0 90200 0 3122 0 57200 0 25575 0 593442 0 0 0 ZHAN LI 211399 0 0 0 1020 0 31823 0 16754 0 260996 0 0 0 MARK ORR 170584 0 3000 0 3242 0 26454 0 23138 0 226418 0 0 0 YUNG JAE LEE 173442 0 0 0 110 0 26354 0 22805 0 222711 0 0 0 SHYAM KAMATH 151997 0 500 0 1569 0 24948 0 2267 0 181281 0 0 0 EDUARDO SALAZ 148411 0 0 0 4577 0 24889 0 20904 0 198781 0 0 0 STEPHEN WOOLPERT 148563 0 0 0 2364 0 23497 0 15654 0 190078 0 0 0 DR ALIREZA REZAPOUR 145510 0 0 0 766 0 24225 0 9664 0 180165 0 0 0 RICHARD CARP 141264 0 0 0 1105 0 23742 0 8491 0 174602 0 0 0 ROY WENSLEY 137413 0 0 0 1101 0 23962 0 25039 0 187515 0 0 0 LARISA GENIN 136511 0 0 0 98 0 22510 0 25092 0 184211 0 0 0 PHYLLIS METCALF 146427 0 0 0 1366 0 22811 0 1384 0 171988 0 0 0 SUPPLEMENTAL INFORMATION PART III COMPENSATION INFORMATION REGARDING CERTAIN EMPLOYEES: RANDALL BENNETT - BONUS AND INCENTIVE COMPENSATION OF $50,200 IS FOR SUMMER CAMPS AND $40,000 IS FOR NCAA AND WCC BONUS PER EMPLOYMENT CONTRACT. MARK ORR - BONUS AND INCENTIVE COMPENSATION OF $1,000 IS FOR WCC GOLF INCENTIVE PAY AND $2,000 IS FOR WCC CHAMPS AND NCAA APPEARANCE. SHYAM KAMATH - BONUS AND INCENTIVE COMPENSATION OF $500 IS FOR AN ESSAY ON EDUCATIONAL PERSPECTIVES. A CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130178J98 2007-08-30 71100000 SEE SCHEDULE K, PART VI 1 1 0 A 5900000 71100000 44085439 986960 1197000 24830601 2009 1 1 1 1 A 0 0 1 1 0 0 0 1 A 0 0 0 1 1 1 BANK OF NEW YORK MELLON 34.000000000000 0 0 1 TRINITY PLUS FUNDING 2.000000000000 1 0 1 A 1 SCHEDULE K PART IV, ARBITRAGE, LINE 2C DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/26/2011 SCHEDULE K, PART I, A PURPOSE OF BOND ISSUE ADVANCE REFUND SERIES 2001A BONDS, CURRENT REFUNDING OF SERIES 2001B AND 2003 BONDS, AND FINANCE THE ACQUISITION, CONSTRUCTION, REHABILITATION AND RENOVATION OF CERTAIN FACILITIES AT THE COLLEGE. GEORGE SCHMITT TRUSTEE 3789562 TRUSTEE IS A MANAGING DIRECTOR OF A PRIVATE EQUITY INVESTMENT IN ENDOWMENT FUND. THE VALUE OF THE FUND IS $3,789,562. 0 PHILIP LEBHERTZ TRUSTEE 36000 TRUSTEE IS THE BROTHER OF COLLEGE'S ARTIST IN RESIDENCE WHO HAS A CONTRACT IN AN AMOUNT OF $36,000. 0 BROTHER DONALD JOHANSON TRUSTEE TRUSTEE SERVES AS PRESIDENT OF DE LA SALLE INSTITUTE, AND BY RIGHT OF OFFICE IS A MEMBER OF SAINT MARY'S COLLEGE OF CALIFORNIA'S BOARD OF TRUSTEES. 0 X 45 X 18 313728 FAIR MARKET VALUE 3 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN B. NON REPORTING OF REVENUE: PART I, LINE 33: ON CAMPUS ART GALLERY RECEIVED 45 SEPARATE GIFTS OF ART FOR WHICH ZERO REVENUE WAS REPORTED ON THE FORM 990. FORM 990, PART VI, SECTION A, LINE 2 THE COLLEGE HAS THREE TRUSTEES WHO ARE ALSO ON THE BOARD OF TRUSTEES OF DE LA SALLE INSTITUTE: BROTHER RONALD GALLAGHER FSC, BROTHER DONALD JOHANSEN FSC AND BROTHER GEORGE VAN GRIEKEN FSC. FORM 990, PART VI, SECTION A, LINE 4 THE BOARD UPDATED THE BYLAWS OF THE COLLEGE TO ADD THE QUALIFICATION THAT IN ORDER FOR THE PRESIDENT AND BROTHER VISITOR TO BE MEMBERS OF THE CORPORATION AND TRUSTEES BY RIGHT OF OFFICE, THEY MUST BE A BROTHER OF THE CHRISTIAN SCHOOLS. FORM 990, PART VI, SECTION A, LINE 6 THE GOVERNANCE OF THE COLLEGE PER ARTICLE 3 OF THE BYLAWS IS DELEGATED TO THE BOARD OF TRUSTEES WHICH CONSISTS OF 25 VOTING PERSONS. THE COLLEGE DOES HAVE MEMBERS, WHOSE RIGHTS ARE OUTLINED BELOW. FORM 990, PART VI, SECTION A, LINE 7A BY RIGHT OF OFFICE, THE BROTHER VISITOR AND THE PRESIDENT OF THE COLLEGE SHALL BE BOTH MEMBERS AND TRUSTEES, IF THEY ARE BROTHERS OF THE CHRISTIAN SCHOOLS. FORM 990, PART VI, SECTION A, LINE 7B THE POWERS OF THE MEMBERS ARE TO CONSENT TO THE AMENDMENT OF THE CORPORATION'S ARTICLES, REPEAL THE BYLAWS, CONSENT TO ANY AMENDMENTS TO THE BYLAWS WHICH ADVERSELY AFFECT THE RIGHTS OF THE MEMBERS, CONSENT TO THE DISSOLUTION OF THE CORPORATION, CONSENT TO THE MERGER OR SALE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES MEETS EACH JANUARY TO REVIEW THE FORM 990 THAT HAS BEEN GENERATED BY MANAGEMENT AND REVIEWED BY THE COLLEGE'S OUTSIDE AUDITORS. THE FORM 990 IS ALSO POSTED ON THE BOARD OF TRUSTEES' SECURED WEBSITE FOR ALL TRUSTEES TO REVIEW IN TIME FOR THEIR JANUARY MEETING. THE COLLEGE THEN FILES THE FORM 990 AFTER THIS REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE'S CONFLICT OF INTEREST POLICY IS PUBLISHED IN THE STAFF HANDBOOK, WHICH IS MADE AVAILABLE TO EMPLOYEES. ALL TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE AND SUBMIT ANNUALLY A CONFLICT OF INTEREST DISCLOSURE TO LEGAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY REVIEWS AND RECOMMENDS COMPENSATION FOR THE PRESIDENT AND VICE PRESIDENT FOR FINANCE. SUCH RECOMMENDATIONS GO TO THE FULL BOARD OF TRUSTEES FOR APPROVAL PRIOR TO THE BEGINNING OF THE NEW FISCAL YEAR. THE ANNUAL REVIEW PROCESS CONDUCTED BY THE EXECUTIVE COMMITTEE INCLUDES SALARY AND BENEFITS DATA FOR SIMILAR POSITIONS AT THE OTHER SIMILAR PRIVATE COLLEGES AND UNIVERSITIES IN THE STATE OF CALIFORNIA. THIS DATA IS INDEPENDENTLY GATHERED BY THE ASSOCIATION OF INDEPENDENT CALIFORNIA COLLEGES AND UNIVERSITIES (AICCU). THE COMPENSATION FOR ALL OTHER STAFF IS BASED UPON THE COLLEGE'S COMPENSATION SYSTEM THAT HAS DEVELOPED SALARY GRADES THAT INCLUDE COMPARABLE JOBS, WITH SALARY RANGES BENCHMARKED COMPETITIVELY WITH SALARY SURVEY DATA FROM SIMILAR INSTITUTIONS IN THE STATE OF CALIFORNIA. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE'S FINANCIAL STATEMENTS AND PUBLIC VERSION OF FORM 990 ARE AVAILABLE ON THE COLLEGE'S WEBSITE. THE ARTICLES OF INCORPORATION ARE AVAILABLE THROUGH THE SECRETARY OF STATE. THE COLLEGE'S CONFLICT OF INTEREST POLICY IS PUBLISHED IN THE STAFF HANDBOOK, WHICH IS MADE AVAILABLE TO EMPLOYEES. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: NET UNREALIZED LOSS ON INTEREST RATE EXCHANGE 6,203,072. ACTUARIAL ADJUSTMENT 401,298. WRITE OFF CONSTRUCTION IN PROGRESS -1,196,934. INTEREST IN FINANCIAL ACCOUNT IN FOREIGN COUNTRY FORM 990, PART V, LINE 4B THE COLLEGE IS SOMETIMES REQUIRED TO POST COLLATERAL WITH BANK OF NEW YORK MELLON AS A RESULT OF THE VALUATION OF THE SWAP. WHEN COLLATERAL IS REQUIRED, BANK OF NEW YORK MELLON PLACES THESE FUNDS IN AN ACCOUNT IN THE CAYMAN ISLANDS. EMPLOYERS-CONTRIBUTION VEBA TRUST FOR ST MARY'S COLLEGE OF CA 1928 SAINT MARYS RD MORAGA CA 94556 047025792 VEBA TRUST CA 501(C)(9) N/A 0 EMPLOYEE AFTER TAX CONTRIBUTION VEBA TRUST FOR SAINT MARY'S COLLEGE OF CA 1928 SAINT MARYS RD MORAGA CA 94556 047025791 VEBA TRUST CA 501(C)(9) N/A 0 CHARITABLE REMAINDER ANNUITY TRUST (2) TRUST CA T 0 CHARITABLE REMAINDER UNIRUST (1) TRUST CA T 0 POOLED INCOME FUND (1) POOLED INVESTMENT FUND CA T 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 EMPLOYERS-CONTRIBUTION VEBA TRUST FOR ST MARY'S COLLEGE OF CALIFORNIA B 766362 CASH CONTRIBUTIONS EMPLOYEE AFTER TAX CONTRIBUTION VEBA TRUST FOR ST MARY'S COLLEGE OF CA B 42048 CASH CONTRIBUTIONS EMPLOYERS-CONTRIBUTION VEBA TRUST FOR ST MARY'S COLLEGE OF CALIFORNIA Q 19050 REIMBURSE AUDIT FEE