WALSH UNIVERSITY: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: WALSH UNIVERSITY (EIN 34-0868798)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-02-10
IRS object ID: 201430419349300138
Schema version: 2012v2.1
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 D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-02-10T12:59:49-06:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	340641962	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BRUNER-COX LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 35429	AddressLine1
City	CANTON	City
State	OH	State
ZIP Code	447355429	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	340868798	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	WALSH UNIVERSITY INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	WALS	NameControl
Phone	3304907090	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2020 EAST MAPLE ST	AddressLine1
City	NORTH CANTON	City
State	OH	State
ZIP Code	447203396	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MICHELLE BROWN	Name
Title	VP FINANCE & BUSINESS AFFAIRS	Title
Phone	3304997134	Phone
Date Signed	2014-02-01	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	LISA M HILLING	Name
PTIN	P01624111	PTIN
Phone	3304972000	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	RICHARD JUSSEAUME	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	2020 EAST MAPLE ST	AddressLine1
City	NORTH CANTON	City
State	OH	State
ZIP Code	447203396	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	73976705	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.WALSH.EDU	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1958	YearFormation
State Legal Domicile	OH	StateLegalDomicile
Activity Or Mission Description	WALSH UNIVERSITY IS AN INDEPENDENT, COEDUCATIONAL CATHOLIC, LIBERAL ARTS AND SCIENCES INSTITUTION. FOUNDED BY THE BROTHERS OF CHRISTIAN INSTRUCTION, WALSH UNIVERSITY IS DEDICATED TO EDUCATING ITS STUDENTS TO BECOME LEADERS IN SERVICE TO OTHERS THROUGH A VALUES-BASED EDUCATION WITH AN INTERNATIONAL PERSPECTIVE IN THE JUDEO-CHRISTIAN TRADITION. WALSH UNIVERSITY BELIEVES IN THE DESIRABILITY OF A SMALL UNIVERSITY THAT PROMOTES ACADEMIC EXCELLENCE, A DIVERSE COMMUNITY AND CLOSE STUDENT-TEACHER INTERACTIONS. THE UNIVERSITY PROVIDES ITS STUDENTS A HIGHER EDUCATION THAT FOSTERS CRITICAL THINKING, EFFECTIVE COMMUNICATION, SPIRITUAL GROWTH, AND PERSONAL, PROFESSIONAL AND CULTURAL DEVELOPMENT. WALSH UNIVERSITY ENCOURAGES INDIVIDUALS TO ACT IN ACCORDANCE WITH REASON GUIDED BY THE EXAMPLE AND TEACHINGS OF JESUS CHRIST.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	36	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	34	NbrIndependentVotingMembers
Total Nbr Employees	1783	TotalNbrEmployees
Total Nbr Volunteers	310	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	2011186	ContributionsGrantsPriorYear
Contributions Grants Current Year	2237943	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	65609114	ProgramServiceRevenuePriorYear
Program Service Revenue CY	68511700	ProgramServiceRevenueCY
Investment Income Prior Year	363935	InvestmentIncomePriorYear
Investment Income Current Year	901258	InvestmentIncomeCurrentYear
Other Revenue Prior Year	418942	OtherRevenuePriorYear
Other Revenue Current Year	521307	OtherRevenueCurrentYear
Total Revenue Prior Year	68403177	TotalRevenuePriorYear
Total Revenue Current Year	72172208	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	21529082	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	22805945	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	24781938	SalariesEtcPriorYear
Salaries Etc Current Year	26910464	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	29454	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	946833	TotalFundrsngExpCurrentYear
Other Expense Prior Year	17904372	OtherExpensePriorYear
Other Expenses Current Year	18494409	OtherExpensesCurrentYear
Total Expenses Prior Year	64215392	TotalExpensesPriorYear
Total Expenses Current Year	68240272	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	4187785	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	3931936	RevenuesLessExpensesCY
Total Assets BOY	95845724	TotalAssetsBOY
Total Assets EOY	98188596	TotalAssetsEOY
Total Liabilities BOY	32668688	TotalLiabilitiesBOY
Total Liabilities EOY	30050289	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	63177036	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	68138307	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	WALSH UNIVERSITY IS AN INDEPENDENT, COEDUCATIONAL CATHOLIC, LIBERAL ARTS AND SCIENCES INSTITUTION. FOUNDED BY THE BROTHERS OF CHRISTIAN INSTRUCTION, WALSH UNIVERSITY IS DEDICATED TO EDUCATING ITS STUDENTS TO BECOME LEADERS IN SERVICE TO OTHERS THROUGH A VALUES-BASED EDUCATION WITH AN INTERNATIONAL PERSPECTIVE IN THE JUDEO-CHRISTIAN TRADITION. WALSH UNIVERSITY BELIEVES IN THE DESIRABILITY OF A SMALL UNIVERSITY THAT PROMOTES ACADEMIC EXCELLENCE, A DIVERSE COMMUNITY AND CLOSE STUDENT-TEACHER INTERACTIONS. THE UNIVERSITY PROVIDES ITS STUDENTS A HIGHER EDUCATION THAT FOSTERS CRITICAL THINKING, EFFECTIVE COMMUNICATION, SPIRITUAL GROWTH, AND PERSONAL, PROFESSIONAL AND CULTURAL DEVELOPMENT. WALSH UNIVERSITY ENCOURAGES INDIVIDUALS TO ACT IN ACCORDANCE WITH REASON GUIDED BY THE EXAMPLE AND TEACHINGS OF JESUS CHRIST.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	61043579	Expense
Grants	22805945	Grants
Revenue	68511700	Revenue
Description	THE UNIVERSITY PROVIDES APPROXIMATELY 3,000 STUDENTS ON FIVE CAMPUS LOCATIONS A HIGHER EDUCATION THAT FOSTERS CRITICAL THINKING, EFFECTIVE COMMUNICATION, SPIRITUAL GROWTH, AND PERSONAL, PROFESSIONAL AND CULTURAL DEVELOPMENT. THE UNIVERSITY OFFERS THE FOLLOWING DEGREES: ASSOCIATE OF ARTS, ASSOCIATE OF SCIENCE IN COMPUTER SCIENCE, BACHELOR OF ARTS, BACHELOR OF SCIENCE, BACHELOR OF SCIENCE IN EDUCATION, BACHELOR OF SCIENCE IN NURSING, MASTER OF ARTS IN EDUCATION, MASTER OF BUSINESS ADMINISTRATION (MBA), MASTER OF ARTS IN COUNSELING AND HUMAN DEVELOPMENT, MASTER OF ARTS IN THEOLOGY, MASTER OF SCIENCE IN NURSING, DOCTOR OF NURSING PRACTICE, AND DOCTOR OF PHYSICAL THERAPY.WALSH UNIVERSITY IS ACCREDITED BY THE FOLLOWING: NORTH CENTRAL ASSOCIATION/HIGHER LEARNING COMMISSION, NATIONAL LEAGUE FOR NURSING ACCREDITING COMMISSION, THE COMMISSION ON ACCREDITATION IN PHYSICAL THERAPY EDUCATION, COUNCIL FOR ACCREDITATION OF COUNSELING AND RELATED EDUCATIONAL PROGRAMS, OHIO DEPARTMENT OF EDUCATION, OHIO BOARD OF COUNSELING & SOCIAL WORK, AND AMERICAN PHYSICAL THERAPY ASSOCIATION.WALSH UNIVERSITY'S LIBRARY HOUSES 130,725 VOLUMES, 201 PAPER SUBSCRIPTIONS, 87,434 ELECTRONIC PERIODICALS, 168,386 ELECTRONIC BOOKS, 185 ELECTRONIC DATABASES, 4,026 AUDIO VISUAL TITLES ON PHYSICAL MEDIA AND 12,107 STREAMING EDUCATIONAL VIDEOS. THE WALSH LIBRARY IS A MEMBER OF OCLC, OHIOLINK, OHIONET AND OPAL (OHIO PRIVATE ACADEMIC LIBRARIES) AND ALL LIBRARY RESOURCES ARE SEARCHABLE THROUGH THE INTERNET.THE STUDENT AFFAIRS TEAM IS A DIVERSE COLLECTION OF EDUCATORS COMMITTED TO THE HOLISTIC DEVELOPMENT OF STUDENTS, FIRMLY BELIEVING THAT ALL STUDENTS HAVE THE POTENTIAL TO BECOME VALUABLE ASSETS TO OUR WORLD COMMUNITY. MEMBERS OF THE STUDENT AFFAIRS TEAM EMBODY THE CHRISTIAN VALUES ESPOUSED IN THE UNIVERSITY MISSION STATEMENT, ENFLESHED BY OUR CARE AND CONCERN FOR STUDENTS, RELATIONSHIPS, AND THE COMMUNITY. WALSH UNIVERSITY PROVIDES OVER 1,000 STUDENTS WITH HOUSING AND DINING SERVICES. SEVERAL OF THE NINE RESIDENCE HALLS ARE NEWLY CONSTRUCTED AND OFFER APARTMENT-STYLE AND SUITE-STYLE LIVING. DINING SERVICE FACILITIES INCLUDE THE SCHERVISH DINING HALL, THE BETZLER GRILLE, THE CAVALIER CAFE AND THE C-STORE OFFERING VARIOUS MEAL PLAN SELECTIONS AND DINING INNOVATIONS.WALSH UNIVERSITY'S ATHLETIC PROGRAM OFFERS 20 DIFFERENT MEN'S AND WOMEN'S ATHLETIC TEAMS AND CONTINUES TO ENJOY A WINNING TRADITION. WALSH HAS WON THE AMERICAN MIDEAST CONFERENCE (AMC) ALL-SPORTS AWARD AND NUMEROUS SPORTS CONFERENCE CHAMPIONSHIPS. IN 1998 WALSH WON ITS FIRST NAIA NATIONAL CHAMPIONSHIP BY WINNING THE WOMEN'S BASKETBALL TITLE, AND IN 2005 THE MEN'S BASKETBALL TEAM FOLLOWED WITH A NATIONAL CHAMPIONSHIP. IN 2011, THE MEN'S BASKETBALL TEAM CAPTURED ITS SEVENTH CONSECUTIVE AMC CHAMPIONSHIP TITLE AND ADVANCED AS FAR AS THE SWEET 16 OF THE NAIA CHAMPIONSHIP TOURNAMENT. IN ADDITION, THE WOMEN'S BASKETBALL TEAM WON ITS FIRST REGULAR AMC CHAMPIONSHIP SINCE 1989 AND REACHED THE FINAL FOUR IN THE NAIA CHAMPIONSHIP TOURNAMENT. WALSH'S 30 WINS ARE THE MOST IN SCHOOL HISTORY. THE WOMEN'S BASKETBALL TEAM WAS ONE OF FOUR NUMBER ONE SEEDS AT THE NATIONAL TOURNAMENT. WHILE STILL A MEMBER OF THE AMERICAN MIDEAST CONFERENCE THE CAVS PRODUCED CHAMPIONS IN MEN'S SOCCER, MEN'S BASKETBALL, MEN AND WOMEN'S TRACK, VOLLEYBALL AND SOFTBALL.WALSH UNIVERSITY ATHLETICS MOVED FROM CANDIDACY YEAR TWO TO PROBATIONARY STATUS FOR THE 2012-2013 ACADEMIC YEAR AND WAS ADMITTED INTO MEMBERSHIP OF THE GREAT LAKES INTERCOLLEGIATE ATHLETIC CONFERENCE (GLIAC) OF THE NCAA II. IN JULY 2013 WALSH WAS GRANTED FULL MEMBERSHIP INTO NCAA II. ALL OF OUR INTERCOLLEGIATE ATHLETIC TEAMS ARE NOW ELIGIBLE TO COMPETE FOR GLIAC CHAMPIONSHIPS AS WELL AS NCAA II CHAMPIONSHIPS.CONSTRUCTION WAS COMPLETED IN AUGUST 2012 ON THE 29,000 SQUARE FOOT, 69-BED RESIDENCE HALL ADDITION TO LEMMON HALL THAT CONNECTS TO THAT BUILDING ON THE FIRST FLOOR. THROUGH SUITE-STYLE ACCOMMODATIONS, THE NEW ADDITION REFERRED TO AS "THE COMMONS" FOR NOW, WILL HOUSE HONORS AND INTERNATIONAL STUDENTS AS WELL AS THE INAUGURAL CLASS OF THE BROTHER BLOUIN GLOBAL SCHOLARS PROGRAM.WE BEGAN THE CONSTRUCTION OF A FULL USE RESTROOM FACILITY ON THE NORTH PROPERTY, KNOWN AS HOOVER PARK, TO ACCOMMODATE THE PARK AND ATHLETIC FIELDS. THE UNIVERSITY ALSO COMPLETED THE SCHEMATIC DESIGN PHASE OF THE GLOBAL LEARNING CENTER, A CENTER THAT WILL PROVIDE STUDENTS WITH A UNIQUE CURRICULUM SET IN AN INTERACTIVE, TECHNOLOGY-DRIVEN SPACE THAT DEVELOPS AND INSPIRES COMPETENCE IN THE GLOBAL MARKETPLACE. ADDITIONALLY, THE CENTER WILL WELCOME LOCAL AND INTERNATIONAL BUSINESSES TO UTILIZE THE FACILITY AND EVEN TO INCUBATE THEIR NEW VENTURES.	Description
Total Program Service Expense	61043579	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	1	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	1	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	1	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	1	School
Foreign Office	1	ForeignOffice
Foreign Activities	1	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	1	ProfessionalFundraising
Fundraising Activities	1	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	1	GrantsToOrganizations
Grants To Individuals	1	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	1	TaxExemptBonds
Invest Tax Exempt Bonds	0	InvestTaxExemptBonds
Escrow Account	0	EscrowAccount
On Behalf Of Issuer	0	OnBehalfOfIssuer
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	1	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	1	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	117	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	1783	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	1	ForeignFinancialAccount
Name Of Foreign Country	IT	NameOfForeignCountry
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	1	QuidProQuoContributions
Quid Pro Quo Disclosure	1	QuidProQuoDisclosure
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	36	NbrVotingGoverningBodyMembers
Number Independent Voting Members	34	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	0	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	0	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	MICHELLE BROWN VP FOR FINANCE & BUSINESS AFFAIRS	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	3304907134	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	WALSH UNIVERSITY INC	AddressLine1
City	NORTH CANTON	City
State	OH	State
ZIP Code	447203396	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (46 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Average Hours Per Week RelatedAverageHoursPerWeekRelated	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Highest Compensated EmployeeHighestCompensatedEmployee
GERALD WALSH
CHAIR	2.00	0.00	X	0	0	0
DANIEL P CUNNINGHAM
VICE-CHAIR	2.00	0.00	X	0	0	0
BR JEROME LESSARD
DIRECTOR	2.00	0.00	X	0	0	0
ROBERT F BELDEN
DIRECTOR	2.00	0.00	X	0	0	0
DENNIS BIERY
DIRECTOR	2.00	0.00	X	0	0	0
BR LEVI BOUDREAU
DIRECTOR	2.00	0.00	X	0	0	0
BR DANIEL CARON
DIRECTOR	2.00	0.00	X	0	0	0
DONALD L CASTER
DIRECTOR	2.00	0.00	X	0	0	0
THOMAS E CECCONI
DIRECTOR	2.00	0.00	X	0	0	0
MSGR JAMES CLARKE
DIRECTOR	2.00	0.00	X	0	0	0
FRANK D'ANGELO
DIRECTOR	2.00	0.00	X	0	0	0
ROGER DEVILLE
DIRECTOR	2.00	0.00	X	0	0	0
JOHN E DOWLING
DIRECTOR	2.00	0.00	X	0	0	0
TIMOTHY FAUTSKO
DIRECTOR	2.00	0.00	X	0	0	0
GRETCHEN A GRAHAM
DIRECTOR	2.00	0.00	X	0	0	0
EDWARD KLEKOTKA
DIRECTOR	2.00	0.00	X	0	0	0
JUDITH BARNES LANCASTER
DIRECTOR	2.00	0.00	X	0	0	0
JUDGE SARA LIOI
DIRECTOR	2.00	0.00	X	0	0	0
GREGORY W LUNTZ
DIRECTOR	2.00	0.00	X	0	0	0
EDWARD A MAHONEY III
DIRECTOR	2.00	0.00	X	0	0	0
LEONARD MILAZZO
DIRECTOR	2.00	0.00	X	0	0	0
BISHOP GEORGE MURRY
DIRECTOR	2.00	0.00	X	0	0	0
MICHAEL A PETRECCA
DIRECTOR	2.00	0.00	X	0	0	0
ALFONSO REVOLLO
DIRECTOR	2.00	0.00	X	0	0	0
BR GUY RODDY
DIRECTOR	2.00	0.00	X	0	0	0
E JEFFREY ROSSI
DIRECTOR	2.00	0.00	X	0	0	0
EDWARD J ROTH III
DIRECTOR	2.00	0.00	X	0	0	0
PAUL L RUFLIN
DIRECTOR	2.00	0.00	X	0	0	0
DR MARK JOSEPH SHEPARD MD
DIRECTOR	2.00	0.00	X	0	0	0
THEODORE STULTS
DIRECTOR	2.00	0.00	X	0	0	0
FR JAMES SULLIVAN
DIRECTOR	2.00	0.00	X	0	0	0
TED SWALDO
DIRECTOR	2.00	0.00	X	0	0	0
BR MARCEL SYLVESTRE
DIRECTOR	2.00	0.00	X	0	0	0
DONALD WALKER
DIRECTOR	2.00	0.00	X	0	0	0
LOUIS ZACHARILLA
DIRECTOR	2.00	0.00	X	0	0	0
MARLENE TOOT
DIRECTOR	2.00	0.00	X	0	0	0
RICHARD L JUSSEAUME
PRESIDENT	40.00	0.00		288093	0	81790	X
LAURENCE BOVE
SECRETARY/PROVOST	40.00	0.00		155433	0	59526	X
MICHELLE BROWN
TREASURER/VP FOR FINANCE & BUSINESS AFFAIRS	40.00	0.00		105025	0	9268	X
NEIL G WALSH
PROFESSOR/FACULTY REP.	40.00	0.00		63208	0	17957	X
MICHELLE LENARZ
PROFESSOR/FACULTY REP.	40.00	0.00		68075	0	7761	X
CHAD COOK
DIVISION CHAIR OF PHYSICAL THERAPY	40.00	0.00		122068	0	19818		X
BRETT FRESHOUR
VP FOR ENROLLMENT	40.00	0.00		108049	0	25196		X
DALE HOWARD
VP FOR ATHLETICS	40.00	0.00		110112	0	27767		X
MICHAEL DUNPHY
DIVISION CHAIR OF MATH & SCIENCES	40.00	0.00		106790	0	12602		X
CHRISTOPHER L PETROSINO
DEAN OF GRADUATE STUDIES	40.00	0.00		104555	0	21112		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1231408	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	282797	TotalOtherCompensation
Number Individuals GT100 K	10	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
FRED OLIVIERI CONSTRUCTION CO
6315 PROMWAY AVE NW	NORTH CANTON	OH	44720	CONSTRUCTION CONTRACTOR	4726409
SODEXHO INC & AFFILIATES
4880 PAYSPHERE CIRCLE	CHICAGO	IL	60674	DINING SERVICES	2845620
HILSCHER CLARKE ELECTRIC
519 4TH STREET NW	CANTON	OH	44703	ELECTRICAL WORK	242042
MOTTER & MEADOWS
600 MARKET AVE N	CANTON	OH	44702	ARCHITECT	237061
RICHARD L BOWEN & ASSOCIATES INC
13000 SHAKER BLVD	CLEVELAND	OH	44120	ENGINEERING	160352

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	8	NumberOfContractorsGT100K
Fundraising Events	9057	FundraisingEvents
Government Grants	309613	GovernmentGrants
All Other Contributions	1919273	AllOtherContributions
Noncash Contributions	105676	NoncashContributions
Total Contributions	2237943	TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TUITION AND FEES	611310	57164774	57164774
SALES/SERVICE AUXILIARY	611310	11346926	11346926

Field	Value	IRS element (for citing)
Total Program Service Revenue	68511700	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	399474	TotalRevenueColumn
Exclusion	$399,474	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	534662	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	766095	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	-231433	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	-231433	TotalRevenueColumn
Exclusion	-$231,433	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	1488857	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	987073	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	501784	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	501784	TotalRevenueColumn
Exclusion	$501,784	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	92275	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	9057	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	51329	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	40946	TotalRevenueColumn
Exclusion	$40,946	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	ExclusionExclusionAmount
OTHER REVENUE	611310	681686	$681,686
RECOVERY OF BAD DEBTS	611310	24533	$24,533
INTEREST INCOME STUDENT LOANS	611310	5072	$5,072

Miscellaneous Revenue MiscellaneousRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	503	TotalRevenueColumn
Exclusion	$503	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	711794	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	72172208	TotalRevenueColumn
Related Or Exempt Function Income	68511700	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$1,422,565	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	14469	Total
Program Services	14469	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	22791476	Total
Program Services	22791476	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	631087	Total
Program Services	184812	ProgramServices
Management And General	446275	ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	21374181	Total
Program Services	19003956	ProgramServices
Management And General	1811814	ManagementAndGeneral
Fundraising	558411	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	897921	Total
Program Services	802311	ProgramServices
Management And General	73353	ManagementAndGeneral
Fundraising	22257	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	2400076	Total
Program Services	2090213	ProgramServices
Management And General	249936	ManagementAndGeneral
Fundraising	59927	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	1607199	Total
Program Services	1423910	ProgramServices
Management And General	139476	ManagementAndGeneral
Fundraising	43813	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	43437	Total
Program Services	1706	ProgramServices
Management And General	41731	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	149706	Total
Program Services	600	ProgramServices
Management And General	149106	ManagementAndGeneral

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	29454	Total
Fundraising	29454	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	1794847	Total
Program Services	1304541	ProgramServices
Management And General	472689	ManagementAndGeneral
Fundraising	17617	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	745984	Total
Program Services	395775	ProgramServices
Management And General	346811	ManagementAndGeneral
Fundraising	3398	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	3044573	Total
Program Services	1619244	ProgramServices
Management And General	1352273	ManagementAndGeneral
Fundraising	73056	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	1893730	Total
Program Services	1842314	ProgramServices
Management And General	50429	ManagementAndGeneral
Fundraising	987	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	1423228	Total
Program Services	1290593	ProgramServices
Management And General	83423	ManagementAndGeneral
Fundraising	49212	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	357933	Total
Program Services	357933	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	3276003	Total
Program Services	3268067	ProgramServices
Management And General	7005	ManagementAndGeneral
Fundraising	931	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	268260	Total
Program Services	86478	ProgramServices
Management And General	181782	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
OTHER AUXILIARY	2821565	2715661	62845	43059
OTHER INSTRUCTIONAL EXP	1226531	1196075	22714	7742
OTHER ACADEMIC SUPPORT	549699	200525	348580	594
DUES/MEMBERSHIPS/SUBSCR	395248	287338	98222	9688

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	503665	Total
Program Services	165582	ProgramServices
Management And General	311396	ManagementAndGeneral
Fundraising	26687	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	68240272	Total
Program Services	61043579	ProgramServices
Management And General	6249860	ManagementAndGeneral
Fundraising	946833	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	29266	BOY
EOY	42123	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	11763096	BOY
EOY	11592760	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	2346956	BOY
EOY	2493169	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	2716768	BOY
EOY	2671968	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	2495235	BOY
EOY	2494173	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	24813	BOY
EOY	19819	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	267271	BOY
EOY	168542	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	103916100	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	40594469	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	63135372	BOY
EOY	63321631	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	8201500	BOY
EOY	9084331	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	4530282	BOY
EOY	5913018	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	335165	BOY
EOY	387062	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	95845724	BOY
EOY	98188596	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	2864476	BOY
EOY	2225742	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	353723	BOY
EOY	234976	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	26625000	BOY
EOY	25125000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	2825489	BOY
EOY	2464571	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	32668688	BOY
EOY	30050289	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	49089932	BOY
EOY	51958878	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	4946159	BOY
EOY	6251240	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	9140945	BOY
EOY	9928189	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	63177036	BOY
EOY	68138307	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	95845724	BOY
EOY	98188596	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	3931936	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	682106	ReconciliationUnrealizedInvest
Reconcilation Other Changes	347229	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	1	AuditCommittee
Federal Grant Audit Required	1	FederalGrantAuditRequired
Federal Grant Audit Performed	1	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

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)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Art Public Exhibition Amts ArtPublicExhibitionAmts

Field	Value	IRS element (for citing)
Assets In Part X	283902	AssetsInPartX

Field	Value	IRS element (for citing)
Collect Used For Public Exhibition	X	CollectUsedForPublicExhibition
Solicited Assets For Sale	0	SolicitedAssetsForSale

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	13330792	BeginningOfYearBalance
Contributions	1654125	Contributions
Investment Earnings Or Losses	1520640	InvestmentEarningsOrLosses
Grants Or Scholarships	355291	GrantsOrScholarships
Other Expenditures	125030	OtherExpenditures
End Of Year Balance	16025236	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	12528287	BeginningOfYearBalance
Contributions	1147061	Contributions
Investment Earnings Or Losses	104398	InvestmentEarningsOrLosses
Grants Or Scholarships	322511	GrantsOrScholarships
Other Expenditures	126443	OtherExpenditures
End Of Year Balance	13330792	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	8917193	BeginningOfYearBalance
Contributions	2173087	Contributions
Investment Earnings Or Losses	1848465	InvestmentEarningsOrLosses
Grants Or Scholarships	290332	GrantsOrScholarships
Other Expenditures	120126	OtherExpenditures
End Of Year Balance	12528287	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	7189514	BeginningOfYearBalance
Contributions	1280315	Contributions
Investment Earnings Or Losses	825164	InvestmentEarningsOrLosses
Grants Or Scholarships	328229	GrantsOrScholarships
Other Expenditures	49571	OtherExpenditures
End Of Year Balance	8917193	EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	8003022	BeginningOfYearBalance
Contributions	818304	Contributions
Investment Earnings Or Losses	-1582915	InvestmentEarningsOrLosses
Other Expenditures	48897	OtherExpenditures
End Of Year Balance	7189514	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.34830	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.65170	PermanentEndowmentEOYBalance
Endowments Held By Unrelated Orgs	0	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	0	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1116776	OtherCostOrOtherBasis
Book Value	1116776	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	74648816	OtherCostOrOtherBasis
Depreciation	20392125	Depreciation
Book Value	54256691	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1085650	OtherCostOrOtherBasis
Depreciation	608014	Depreciation
Book Value	477636	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	17376536	OtherCostOrOtherBasis
Depreciation	14675641	Depreciation
Book Value	2700895	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	9688322	OtherCostOrOtherBasis
Depreciation	4918689	Depreciation
Book Value	4769633	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	63321631	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (2 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
BENEFICIAL INTEREST IN PERPETUAL TRUST	331410	F
ASSETS DESIGNATED FOR LONG-TERM INVESTMENT	5581608	F

Field	Value	IRS element (for citing)
Total Of Book Value Securities	5913018	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities (5 entries)

DescriptionDescription	AmountAmount
INTEREST PAYABLE	$203,321
FUNDS HELD FOR OTHERS	$149,107
US GOVT GRANTS REFUNDABLE	$1,106,193
INTEREST RATE SWAP	$680,790
TUITION DEPOSITS	$325,160

Field	Value	IRS element (for citing)
Total Of Amounts	2464571	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	51205264	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	682106	NetUnrealizedGainsInvestments
Other Revenues	-22435179	OtherRevenues
Revenue Not Rptd F990	-21753073	RevenueNotRptdF990
Revenue Subtotal	72958337	RevenueSubtotal
Other Revenues Not Included	-786129	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	-786129	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	72172208	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	46243993	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	795197	OtherExpensesIncluded
Expenses Not Rptd F990	795197	ExpensesNotRptdF990
Expenses Subtotal	45448796	ExpensesSubtotal
Other Expenses Not Included	22791476	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	22791476	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	68240272	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (7 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
PART III, LINE 4:	WALSH UNIVERSITY OWNS THE HOOVER HISTORICAL CENTER OF WALSH UNIVERSITY, WHICH IS A SMALL MUSEUM THAT HOUSES A COLLECTION OF VACUUM CLEANERS AND OTHER ITEMS FROM THE HOOVER COMPANY. THE HOOVER HISTORICAL CENTER WAS DONATED TO WALSH UNIVERSITY IN 2004 AND NOW SUPPORTS THE MUSEUM STUDIES PROGRAM AT THE UNIVERSITY.
PART V, LINE 4:	THE MAJORITY OF THE ENDOWMENT FUNDS ARE USED FOR SCHOLARSHIPS.	DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:
PART X, LINE 2:	THE UNIVERSITY IS A NONPROFIT ORGANIZATION AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE UNIVERSITY FOLLOWS ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION, WHICH ADDRESSES THE INFORMATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE UNIVERSITY MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. IN ADDITION, THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT HAS DETERMINED THAT THE EFFECTS OF THIS PRONOUNCEMENT TO BE INSIGNIFICANT, THEREFORE NO ADJUSTMENTS HAVE BEEN RECORDED AND NO FURTHER DISCLOSURES REQUIRED.	DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
	TUITION DISCOUNTS -22,791,476. INTEREST RATE SWAP 356,297.	PART XI, LINE 2D - OTHER ADJUSTMENTS:
	RENTAL EXPENSES SHOWN ON 990 PART VIII LN 6B -766,095. FUNDRAISING EXPENSES SHOWN ON 990 PART VIII LN 8B -51,329. REVENUE FROM KENTUCKY DERBY & FASHION SHOW FUNDRAISING EVENTS 31,295.	PART XI, LINE 4B - OTHER ADJUSTMENTS:
	RENTAL EXPENSES SHOWN ON 990 PART VIII LN 6B 766,095. FUNDRAISING EXPENSES SHOWN ON 990 PART VIII LN 8B 51,329. EXPENSES FROM KENTUCKY DERBY & FASHION SHOW FUNDRAISING EVENTS -22,227.	PART XII, LINE 2D - OTHER ADJUSTMENTS:
	TUITION DISCOUNTS 22,791,476.	PART XII, LINE 4B - OTHER ADJUSTMENTS:

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	1	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	1	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	1	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	1	MaintRacialCompositionRecords
Maint Scholarships Records	1	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	1	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	1	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	0	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	0	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	0	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	0	DiscriminateRaceScholarships
Discriminate Race Educ Policies	0	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	0	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	0	DiscriminateRaceOtherActy
Government Financial Aid Received	1	GovernmentFinancialAidReceived
Government Financial Aid Revoked	0	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	1	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION	SCHEDULE E, PART I, LINE 3	LOCAL NEWSPAPERS AND OTHER PRINT MEDIA OF GENERAL CIRCULATION
EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE	SCHEDULE E, PART I, LINE 6	FUNDS ARE PROVIDED BY GOVERNMENT AGENCIES UNDER VARIOUS FINANCIAL ASSISTANCE PROGRAMS AND ARE LOANED TO QUALIFIED STUDENTS. THE RECEIPT OF SUCH FUNDS GENERALLY REQUIRES COMPLIANCE AUDITS SO THAT THE TERMS AND CONDITIONS OF THE GRANTOR ARE MET.

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable

Field	Value	IRS element (for citing)
Region	EUROPE	Region
Number Of Offices	1	NumberOfOffices
Number Of Employees	4	NumberOfEmployees
Type Of Activities Conducted	PROGRAM SERVICES	TypeOfActivitiesConducted
Specific Services Provided	INSTRUCTIONAL	SpecificServicesProvided
Total Expenditures	688567	TotalExpenditures

Field	Value	IRS element (for citing)
Subtotal Number Of Offices	1	SubtotalNumberOfOffices
Subtotal Number Of Employees	4	SubtotalNumberOfEmployees
Cont Number Of Offices	0	ContNumberOfOffices
Cont Number Of Employees	0	ContNumberOfEmployees
Total Number Of Offices	1	TotalNumberOfOffices
Total Number Of Employees	4	TotalNumberOfEmployees
Subtotal Amount Spent	688567	SubtotalAmountSpent
Cont Amount Spent	0	ContAmountSpent
Total Amount Spent	688567	TotalAmountSpent
Transfer To Foreign Corp	0	TransferToForeignCorp
Interest In Foreign Trust	0	InterestInForeignTrust
Own Foreign Corp	0	OwnForeignCorp
Passive Foreign Invest Co	0	PassiveForeignInvestCo
Foreign Partnership	0	ForeignPartnership
Boycott Countries	0	BoycottCountries

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Solicitation Of Non Govt Grants	X	SolicitationOfNonGovtGrants
Solicitation Of Govt Grants	X	SolicitationOfGovtGrants
Agreement Ref Fundraising	1	AgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation

Name Of Organization NameOfOrganization

Field	Value	IRS element (for citing)
Business Name Line1	MCALLISTER & QUINN	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1368 NORTH WASHINGTON AVE	AddressLine1
City	SCRANTON	City
State	PA	State
ZIP Code	18509	ZIPCode

Field	Value	IRS element (for citing)
Activity	GRANT SOLICITATION	Activity
Fundraiser Control Of Funds	0	FundraiserControlOfFunds
Gross Receipts	0	GrossReceipts
Amount Retained By Contractor	29454	AmountRetainedByContractor
Net To Organization	-29454	NetToOrganization

Field	Value	IRS element (for citing)
Total Retained By Contractors	29454	TotalRetainedByContractors
Total Net To Organization	-29454	TotalNetToOrganization
Licensed States	AL	LicensedStates
Licensed States	AZ	LicensedStates
Licensed States	AR	LicensedStates
Licensed States	CA	LicensedStates
Licensed States	CO	LicensedStates
Licensed States	CT	LicensedStates
Licensed States	DE	LicensedStates
Licensed States	FL	LicensedStates
Licensed States	GA	LicensedStates
Licensed States	HI	LicensedStates
Licensed States	ID	LicensedStates
Licensed States	IL	LicensedStates
Licensed States	IN	LicensedStates
Licensed States	IA	LicensedStates
Licensed States	KS	LicensedStates
Licensed States	KY	LicensedStates
Licensed States	LA	LicensedStates
Licensed States	ME	LicensedStates
Licensed States	MD	LicensedStates
Licensed States	MA	LicensedStates
Licensed States	MI	LicensedStates
Licensed States	MN	LicensedStates
Licensed States	MS	LicensedStates
Licensed States	MO	LicensedStates
Licensed States	MT	LicensedStates
Licensed States	NE	LicensedStates
Licensed States	NV	LicensedStates
Licensed States	NH	LicensedStates
Licensed States	NJ	LicensedStates
Licensed States	NM	LicensedStates
Licensed States	NY	LicensedStates
Licensed States	NC	LicensedStates
Licensed States	ND	LicensedStates
Licensed States	OH	LicensedStates
Licensed States	OK	LicensedStates
Licensed States	OR	LicensedStates
Licensed States	PA	LicensedStates
Licensed States	RI	LicensedStates
Licensed States	SC	LicensedStates
Licensed States	SD	LicensedStates
Licensed States	TN	LicensedStates
Licensed States	TX	LicensedStates
Licensed States	UT	LicensedStates
Licensed States	VT	LicensedStates
Licensed States	VA	LicensedStates
Licensed States	WV	LicensedStates
Licensed States	WI	LicensedStates
Licensed States	WY	LicensedStates

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	LAS VEGAS NIGHT	NameOfEvent1
Gross Receipts Event1	37240	GrossReceiptsEvent1
Gross Revenue Event1	37240	GrossRevenueEvent1
Rent Facility Costs Event1	504	RentFacilityCostsEvent1
Other Direct Expenses Event1	9810	OtherDirectExpensesEvent1
Name Of Event2	FAREY RAFFLE	NameOfEvent2
Gross Receipts Event2	23740	GrossReceiptsEvent2
Gross Revenue Event2	23740	GrossRevenueEvent2
Other Direct Expenses Event2	18788	OtherDirectExpensesEvent2
Total Number Of Other Events	2	TotalNumberOfOtherEvents
Gross Receipts Other Events	40352	GrossReceiptsOtherEvents
Charitable Contrib Other Events	9057	CharitableContribOtherEvents
Gross Revenue Other Events	31295	GrossRevenueOtherEvents
Other Direct Expenses Other Events	22227	OtherDirectExpensesOtherEvents
Gross Receipts Total	101332	GrossReceiptsTotal
Charitable Contributions Total	9057	CharitableContributionsTotal
Gross Revenue Total Events	92275	GrossRevenueTotalEvents
Rent Facility Costs Total Events	504	RentFacilityCostsTotalEvents
Other Direct Expenses Total Events	50825	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	51329	DirectExpenseSummaryEvents
Net Income Summary	40946	NetIncomeSummary

Form990 Schedule G Part IV Form990ScheduleGPartIV

Field	Value	IRS element (for citing)
Identifier	EXPLANATION OF FUNDRAISING PAYMENTS	Identifier
Return Reference	SCHEDULE G, PART I, LINE 2B, COLUMN (V)	ReturnReference
Explanation	TOTAL PAID OF $29,454 CONSISTS OF $28,000 FOR FEES PAID FOR GRANT SOLICITATION SERVICES. THE REMAINING AMOUNT OF $1,454 IS REIMBURSEMENT OF EXPENSES THAT ARE REIMBURSED BASED ON MCALLISTER & QUINN'S ACTUAL EXPENSES.	Explanation

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	0	RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)

Type Of GrantTypeOfGrant	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant
SCHOLARSHIPS FOR STUDENTS	1891	21038735
DISCOUNTS ON TUITION FOR STUDENTS	244	1752741

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	1	WrittenPolicyReTAndEExpenses
Substantiation Required	1	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	0	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	0	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	0	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	0	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	0	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	0	AnyNonFixedPayments
Initial Contract Exception	0	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
RICHARD L JUSSEAUME
PRESIDENT	197254	0	35000	0	55839	0	54055	0	27735	0	369883	0	0	0
LAURENCE BOVE
SECRETARY/PROVOST	139023	0	15000	0	1410	0	43936	0	15590	0	214959	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Return Reference	PART I, LINE 1A	ReturnReference
Explanation	THE PRESIDENT'S CONTRACT INCLUDES A HOUSING ALLOWANCE THAT THE UNIVERSITY PAYS AS PART OF HIS WAGES. ALSO, COUNTRY CLUB DUES ARE PAID BY THE UNIVERSITY, AND THE PRESIDENT IS TAXED ON HIS W-2 FOR THE PERSONAL PORTION OF THOSE DUES.	Explanation

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	OHIO HIGHER EDUCATION EDUCATION FACILITY COMMISSION	BusinessNameLine1

Field	Value	IRS element (for citing)
Issuer EIN	346849674	IssuerEIN
Date Issued	2009-11-19	DateIssued
Issue Price	30000000	IssuePrice
Description Of Purpose	REFUNDING ISSUE	DescriptionOfPurpose
Defeased	0	Defeased
On Behalf Of Issuer	0	OnBehalfOfIssuer
Pool Financing	0	PoolFinancing

Form990 Schedule K Part II Form990ScheduleKPartII

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Total Proceeds	30000000	TotalProceeds
Year Of Subst Completion	2007	YearOfSubstCompletion
Current Refunding	1	CurrentRefunding
Advance Refunding	0	AdvanceRefunding
Final Allocation Made	1	FinalAllocationMade
Adequate Books And Recds Maintaind	1	AdequateBooksAndRecdsMaintaind

Form990 Schedule K Part III Form990ScheduleKPartIII

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Owning Bond Financed Property	0	OwningBondFinancedProperty
Any Lease Arrangements	0	AnyLeaseArrangements
Mngment Cntrct Bond Financd Prprty	1	MngmentCntrctBondFinancdPrprty
Engage Bond Counsel Contracts	1	EngageBondCounselContracts
Any Research Agreements	0	AnyResearchAgreements
Prcntge Prvt Business Use By Others	0.00300	PrcntgePrvtBusinessUseByOthers
Percentage Of Prvt Business Re UBI	0.01700	PercentageOfPrvtBusinessReUBI
Total Private Business Use	0.02000	TotalPrivateBusinessUse
Bond Iss Meet Prvt Security Pay Test	0	BondIssMeetPrvtSecurityPayTest
Change In Use Bond Financed Prop	0	ChangeInUseBondFinancedProp
Non Qualified Bond Remed Procdrs	1	NonQualifiedBondRemedProcdrs

Form990 Schedule K Part IV Form990ScheduleKPartIV

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Form8038 T Filed	0	Form8038TFiled
Rebate Not Due Yet	0	RebateNotDueYet
Exception To Rebate	1	ExceptionToRebate
No Rebate Due	0	NoRebateDue
Variable Rate Issue	1	VariableRateIssue
Hedge Identified In Books And Recds	0	HedgeIdentifiedInBooksAndRecds
Gross Proceeds Invested In GIC	0	GrossProceedsInvestedInGIC
Gross Proceeds Invested	0	GrossProceedsInvested
Written Proc To Monitor Reqs	1	WrittenProcToMonitorReqs

Form990 Schedule K Part V Form990ScheduleKPartV

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Proc To Undertk Corrective Action	1	ProcToUndertkCorrectiveAction

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
AULTCARE INSURANCE COMPANY
EDWARD ROTH III IS A BOARD MEMBER OF WALSH AND EXECUTIVE VP OF AULTCARE	894429	THE UNIVERSITY CONTRACTS WITH AULTCARE INSURANCE COMPANY FOR HEALTH AND DENTAL INSURANCE AS WELL AS THE THIRD PARTY ADMINISTRATOR (AULTRA/AULTRA SELF) OF OUR HEALTH AND DEPENDENT CARE FLEXIBLE SPENDING ACCOUNTS. EDWARD J. ROTH, III IS CURRENTLY A MEMBER OF THE UNIVERSITY'S BOARD OF DIRECTORS AND IS THE PRESIDENT OF AULTMAN HEALTH FOUNDATION. THE SELECTION OF AULTCARE WAS MADE PRIOR TO MR. ROTH'S APPOINTMENT TO THE BOARD. EVERY TWO YEARS, THE UNIVERSITY RECEIVES COMPETITIVE QUOTES FROM THE RESULTS OF THE MARKET RESEARCH PERFORMED BY OUR BROKERS. IF AND WHEN ANY ISSUES CONCERNING AULTCARE ARE TAKEN TO THE BOARD, MR. ROTH WILL FOLLOW THE GUIDELINES SET BY THE CONFLICT OF INTEREST POLICY AND WILL ABSTAIN FROM VOTING.	0
MERCY MEDICAL
THOMAS CECCONI IS PRESIDENT & CEO OF MERCY MEDICAL AND WALSH BOARD MEMBER	120952	THE UNIVERSITY CONTRACTS WITH MERCY MEDICAL CENTER, INC. TO PROVIDE ATHLETIC TRAINING SERVICES FOR THE UNIVERSITY'S ATHLETIC PROGRAM. MERCY MEDICAL CENTER'S WORK HEALTH & SAFETY SERVICES ALSO PROVIDE A STUDENT HEALTH CENTER MANAGEMENT PROGRAM AT THE UNIVERSITY. IF AND WHEN ANY ISSUES CONCERNING MERCY MEDICAL ARE TAKEN TO THE BOARD, MR. CECCONI WILL FOLLOW THE GUIDELINES SET BY THE CONFLICT OF INTEREST POLICY AND WILL ABSTAIN FROM VOTING.	0
AULTRA SELF
EDWARD ROTH III IS A BOARD MEMBER OF WALSH AND EXECUTIVE VP OF AULTRA SELF	304744	SEE DESCRIPTION FOR AULTCARE.	0
(no name)
			0

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	7	NumberOfContributions
Noncash Contribs Rptd F990	105676	NoncashContribsRptdF990
Method Of Determining Revenues	FMV DATE OF SALE	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	0	ReviewProcessUnusualNCGifts
Third Parties Used	0	ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
FORM 990, PART VI, SECTION B, LINE 11	STARTING IN 2010 (FOR THE TAX YEAR ENDING JUNE 30, 2009), EACH YEAR A DRAFT OF THE FORM 990 WILL BE PRESENTED TO THE FINANCE AND AUDIT COMMITTEE FOR DISCUSSION AND APPROVAL AT THE FEBRUARY MEETING. UPON APPROVAL, THE FINANCE AND AUDIT COMMITTEE WILL RECOMMEND APPROVAL OF THE FORM 990 BY THE FULL BOARD. THE APPROVED COPY OF THE FORM 990 WILL BE MADE AVAILABLE TO ALL BOARD MEMBERS THROUGH ELECTRONIC MAIL. SCHEDULE B WILL BE REDACTED IN THE EMAILED VERSION WITH A HARD COPY MADE AVAILABLE TO THE BOARD AT THE FINANCE OFFICE.
FORM 990, PART VI, SECTION B, LINE 12C	EACH YEAR, THE PRESIDENT'S OFFICE SENDS OUT "CONFIDENTIAL DISCLOSURE STATEMENTS" TO ALL MEMBERS OF THE BOARD OF DIRECTORS AND THE UNIVERSITY'S OFFICERS. BY COMPLETING AND SIGNING THE STATEMENTS EACH MEMBER OR OFFICER IS CERTIFYING THAT THEY HAVE CAREFULLY READ THE WALSH UNIVERSITY BOARD OF DIRECTORS CONFLICT OF INTEREST POLICY; THAT THEY WILL ABIDE BY THE LETTER AND THE SPIRIT OF THE POLICY AND THAT THEY WILL MAKE ALL DISCLOSURES REQUIRED UNDER THE TERMS OF THE POLICY. THE COMPLETED AND SIGNED STATEMENTS ARE SENT TO THE SECRETARY OF THE BOARD OF DIRECTORS. THE SECRETARY AND THE CHAIR OF THE BOARD REVIEW THE STATEMENTS AND MAKE A DETERMINATION AS TO THE LIKELIHOOD OF ANY ACTUAL OR POTENTIAL CONFLICTS OF INTERESTS.
FORM 990, PART VI, SECTION B, LINE 15A	IN THE SPRING OF 2007, THE CURRENT COMPENSATION COMMITTEE WAS FORMED TO AMEND THE PRESIDENT'S CONTRACT. THE COMMITTEE CONSISTS OF THE CHAIRMAN OF THE BOARD OF DIRECTORS, THE VICE-CHAIRMAN OF THE BOARD OF DIRECTORS, THE FINANCE AND AUDIT COMMITTEE CHAIRMAN, AND THE VP OF FINANCE AND BUSINESS AFFAIRS/CFO. ADDITIONAL INPUT CAME FROM THE DIRECTOR OF HUMAN RESOURCES. THE COMMITTEE ESTABLISHED THE PRESIDENT'S CONTRACT AMENDMENT NO. 1, EFFECTIVE JULY 1, 2007, WHICH DEFINES ADDITIONAL BENEFITS. THE COMPENSATION COMMITTEE USED THE FOLLOWING INFORMATION AND SERVICES TO ESTABLISH THE AMENDMENT; THE NAICU PRESIDENTS NETWORK SALARY SURVEY, THE CUPA-HR ADMINISTRATIVE COMPENSATION SURVEY, CONSULTING AND LEGAL SERVICES. EACH YEAR THE CHAIRMAN AND VICE-CHAIRMAN OF THE BOARD APPROVE THE PRESIDENT'S BONUS. THE COMMITTEE WOULD ONLY CONVENE IF THE PRESIDENT WAS BEING AWARDED A HIGHER PERCENTAGE OF INCREASE THAN THE REST OF THE FACULTY AND STAFF OF THE UNIVERSITY. EACH YEAR ALL CONTRACT ADJUSTMENTS AND BONUS ALLOCATIONS ARE APPROVED BY THE BOARD OF DIRECTORS AT THE MAY BOARD MEETING THROUGH THE APPROVAL OF THE NEXT YEAR'S OPERATING BUDGET.
FORM 990, PART VI, SECTION C, LINE 19	WALSH UNIVERSITY DOES NOT MAKE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENT AVAILABLE TO THE GENERAL PUBLIC. HOWEVER, THE UNIVERSITY WILL PROVIDE THESE DOCUMENTS TO THE GENERAL PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:	GAIN/LOSS ON DERIVATIVES 356,297. NET INCOME FROM KENTUCKY DERBY & FASHION SHOW FUNDRAISING EVENTS -9,068.	CHANGES IN NET ASSETS OR FUND BALANCES: