2013-04-22T17:26:00-05:00 2012-06-30 420714325 MCGLADREY LLP 221 THIRD AVENUE SE STE 300 CEDAR RAPIDS IA 524011512 990 2011-07-01 420703280 ST AMBROSE UNIVERSITY STAM 5633336329 518 WEST LOCUST STREET DAVENPORT IA 52803 MICHAEL POSTER 5633336329 2013-04-22 1 KAY HEGARTY P00091057 3192985333 2011 2016-02-25 16:41:14Z NA SISTER JOAN LESCINSKI 518 WEST LOCUST STREET DAVENPORT IA 52803 133408159 0 X SAU.EDU X 1885 IA THE UNIVERSITY PROVIDES A COMBINATION OF QUALITY INSTRUCTION IN THE LIBERAL ARTS ALONG WITH PRE-PROFESSIONAL, PROFESSIONAL, CAREER PREPARATION AND A VARIETY OF LIFE-LONG LEARNING PROGRAMS. THE UNIVERSITY OFFERS FOCUSED DEVELOPMENTAL AND ENRICHMENT PROGRAMS TO MEET THE INDIVIDUAL NEEDS OF ITS DIVERSE STUDENTS. 31 30 2021 131 375472 -6507 5536645 4578046 82096860 85717187 3039080 4292242 252857 183229 90925442 94770704 24989932 26475909 0 0 36049718 37722709 49661 61423 1919044 22978150 23662547 84067461 87922588 6857981 6848116 223568338 238596277 79363181 100238752 144205157 138357525 X ST. AMBROSE UNIVERSITY - INDEPENDENT, DIOCESAN, AND CATHOLIC - ENABLES ITS STUDENTS TO DEVELOP INTELLECTUALLY, SPIRITUALLY, ETHICALLY, SOCIALLY, ARTISTICALLY AND PHYSICALLY TO ENRICH THEIR OWN LIVES AND THE LIVES OF OTHERS. 0 0 25857319 71257588 INSTRUCTION: THE UNIVERSITY'S UNDERGRADUATE AND GRADUATE PROGRAMS ARE MADE UP OF THREE COLLEGES: ARTS AND SCIENCES, BUSINESS AND HEALTH & HUMAN SERVICES. THIRTEEN BACHELORS, FOURTEEN MASTERS AND TWO DOCTORAL DEGREES ARE OFFERED. THE UNIVERSITY OFFERS A FALL AND SPRING SEMESTER, PLUS WINTER INTERIM AND SUMMER SESSIONS. 26475908 26475908 STUDENT AID & SCHOLARSHIPS: ST. AMBROSE UNIVERSITY SERVES STUDENTS BY PROVIDING SCHOLARSHIPS AND GRANTS FUNDED BY FEDERAL, STATE, UNIVERSITY AND PRIVATE SOURCES. 7419654 STUDENT SERVICES: ST. AMBROSE SERVES THE STUDENT COMMUNITY BY PROVIDING FINANCIAL AID ASSISTANCE, REGISTRATION, ADMISSIONS, COUNSELING, RESIDENCE LIFE, CAREER DEVELOPMENT, CAMPUS RECREATION, INTERCOLLEGIATE ATHLETICS AND OTHER PROGRAMS. 11292491 14082328 AUXILIARY ENTERPRISES & ACTIVITIES: ST. AMBROSE UNIVERSITY SELLS BOOKS AND OTHER INSTRUCTIONAL MATERIALS THROUGH THE UNIVERSITY'S BOOKSTORE. IT ALSO PROVIDES FOOD SERVICE AND HOUSING FOR AN APPOROXIMATE CAPACITY OF 1,700 STUDENTS. INSTITUTIONAL SUPPORT OF THE UNIVERSITY IS ALSO PROVIDED BY THE PRESIDENT'S OFFICE, HUMAN RESOURCES, GENERAL ACCOUNTING, STUDENT ACCOUNTS, ADVANCEMENT, ALUMNI RELATIONS, COMMUNICATIONS & MARKETING AND OTHER RELATED OFFICES. OTHER PROGRAM SERVICES INCLUDES INTEREST AND DEPRECIATION EXPENSE. 11292491 14082328 71045372 1 1 0 1 0 0 0 0 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 1 1 1 0 0 0 1 1 0 0 0 1 136 0 1 2021 1 1 1 0 0 0 0 1 1 0 0 0 0 X 31 30 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AZ LA MD MI NH SC WA X MICHAEL POSTER 5633336329 518 WEST LOCUST STREET DAVENPORT IA 52803 BISHOP MARTIN AMOS 1.00 X X 0 0 0 JOHN ANDERSON 1.00 X 0 0 0 SUSAN BALTHASAR 1.00 X 0 0 0 MICHAEL A BAUER 1.00 X X 0 0 0 RITA BAWDEN 1.00 X 0 0 0 TOM BERTHEL 1.00 X 0 0 0 DR SUSAN MARLEY BIRD 1.00 X 0 0 0 DR DAN BRODERICK 1.00 X 0 0 0 ED CARROLL 1.00 X 0 0 0 LEN CERVANTES 1.00 X 0 0 0 BISHOP DAVID CHOBY 1.00 X 0 0 0 JIM FIELD 1.00 X 0 0 0 DR MICHAEL GIUDICI 1.00 X 0 0 0 BERNIE HARDIEK 1.00 X 0 0 0 JEF HECKINGER 1.00 X 0 0 0 MSGR FRANK HENRICKSEN 1.00 X 0 0 0 TOM HIGGINS 1.00 X 0 0 0 MIKE HUMES 1.00 X 0 0 0 MSGR JOHN HYLAND 1.00 X X 0 0 0 BARB JOHNSON 1.00 X 0 0 0 MARK KILMER 1.00 X 0 0 0 BRIAN LEMEK 1.00 X 0 0 0 ELIZABETH LEMEK 1.00 X 0 0 0 SR JOAN LESCINKSI CSJ 40.00 X X 0 0 0 JILL MCLAUGHLIN 1.00 X X 0 0 0 LINDA NEUMAN 1.00 X 0 0 0 JOSEPH O'ROURKE 1.00 X 0 0 0 GAYLE ROBERTS 1.00 X 0 0 0 PAUL SACHS 1.00 X 0 0 0 PAUL TRENSHAW 1.00 X 0 0 0 LISA WARE 1.00 X 0 0 0 DR PAUL KOCH 40.00 X 163783 0 24688 MICHAEL POSTER 40.00 X 148230 0 24318 JOHN COOPER 40.00 X 60621 0 10134 JEANNE KOBUSZEWSKI 40.00 X 73992 0 7774 DR JOHN BYRNE 40.00 X 136755 0 24915 DR DAVID O'CONNELL 40.00 X 128052 0 24171 DR SANDRA CASSADY 40.00 X 117886 0 24510 DR LINDA BROWN 40.00 X 117891 0 9915 DR ART MOREAU 40.00 X 111478 0 6838 DR JAMES LOFTUS 40.00 X 173025 0 13155 DR EDWARD LITTIG 40.00 X 348925 0 38055 1580638 0 208473 19 1 1 0 BUSH CONSTRUCTION COMPANY 5401 VICTORIA AVE DAVENPORT IL 52807 CONSTRUCTION 757236 THE NORTHERN TRUST COMPANY 50 S LASALLE ST CHICAGO IL 60675 INVESTMENT MANAGEMENT 520203 SGGM ARCHITECTS & INTERIOR 201 W 2ND ST STE 608 DAVENPORT IA 52801 ARCHITECT FEES 331131 PER MAR SECURITY SERVICE PO BOX 1101 DAVENPORT IA 52805 SECURITY 290648 MCCARTHY IMPROVEMENT 5401 VICTORIA AVE DAVENPORT IA 52807 CONSTRUCTION 288511 11 40750 206446 998647 3332203 310051 4578046 EDUCATION/GENERAL 611710 71257588 71257588 AUXILIARY ENTERPRISES 624410 14459599 14082328 377271 85717187 2599235 2599235 108034 75683 32351 32351 32351 38525770 7608 36828410 11961 1697360 -4353 1693007 1693007 69082 206446 54198 14884 14884 1804996 1667203 137793 137793 K-1 PARTNERSHIP 900099 -1799 -1799 -1799 94770704 85339916 375472 4477270 26475909 26475909 1195358 337146 449075 409137 30073178 24623202 4897047 552929 1449153 1225632 185316 38205 2850086 2019569 751871 78646 2154934 1730851 353703 70380 98029 98029 50075 50075 28000 28000 61423 61423 521026 521026 234741 24741 210000 1056265 54413 962135 39717 1600253 1117756 376347 106150 781534 781534 2053275 1003377 1014086 35812 913937 782554 56059 75324 6198 2149 4000 49 2188480 2188480 3875658 1688209 2109936 77513 409333 6474 402859 FOOD COSTS 3685043 3633357 303 51383 EQUIP AND MAINTENANCE 1666054 1010820 610153 45081 LIBRARY BOOKS AND BINDI 515215 515215 CONTRACT SERVICES 482453 120648 341535 20270 3496978 2509611 940342 47025 87922588 71045372 14958172 1919044 1694668 1651789 23213309 19356934 2838792 2327195 946204 1348342 601696 4306722 306537 282537 501357 383790 139468133 40563617 88193603 98904516 88396365 90749806 14019167 16415315 2441135 2228930 415505 640401 223568338 238596277 8997208 11223736 912125 1309889 55805000 66845000 810652 12838196 20860127 79363181 100238752 X 125775719 120043252 9509729 8513938 8919709 9800335 144205157 138357525 223568338 238596277 X 6848116 -12695748 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 28000 0 0 28000 0 107280983 1422229 -1093069 236189 132716 1993992 105247246 90044599 1051818 16779994 222160 153165 220103 107280983 78478154 1229365 11928451 163497 1287077 140797 90044599 91842288 735807 -13535256 392173 22347 150165 78478154 0.84000 0.09000 0.07000 1 0 2901892 6000920 8902812 3803197 99488128 32873858 70417467 3194592 1043552 2151040 11913035 6518217 5394818 12166369 127990 12038379 98904516 CASH VALUE OF LIFE INSURANCE 293423 F ALTERNATIVE INVESTMENTS 16121892 F 16415315 ACCRUED LOSS - INTEREST RATE SWAP 15675329 US GOVERNMENT GRANTS - PERKINS LOANS 3144069 ANNUITIES PAYABLE 2040729 20860127 94770704 87922588 6848116 -4626169 58444 -8128023 -12695748 -5847632 68183988 -4626168 58444 1040 -4566684 72750672 -54159 22074191 22020032 94770704 74031620 9876303 9876303 64155317 -54159 23821430 23767271 87922588 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO FUND A SPECIFIED EDUCATIONAL PURPOSE, SUCH AS A SCHOLARSHIP, AWARD, ACADEMIC CHAIR, SUPPLIES, BUILDING, OR EQUIPMENT. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE UNIVERSITY IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE UNIVERSITY IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES ON ANY NET INCOME FROM UNRELATED BUSINESS ACTIVITIES. THE UNIVERSITY FILES A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX )ANNUALLY AND UNRELATED BUSINESS INCOME (UBI) IS REPORTED ON FORM 990-T, AS APPROPRIATE. MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS, WHICH INCLUDE SUCH MATTERS AS THE TAX EXEMPT STATUS OF EACH ENTITY AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UBI. AS OF JUNE 30, 2012 AND 2011, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABILITY. FORMS 990 AND 990-T FILED BY THE UNIVERSITY ARE NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR FISCAL YEAR ENDED JUNE 30, 2008 AND PRIOR. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF TRUST RECEIVABLE 1,041. UNREALIZED GAIN/LOSS ON INTEREST RATE SWAP -8,129,064. TOTAL TO SCHEDULE D, PART XI, LINE 8: -8,128,023. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF TRUST RECEIVABLE 1,040. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED WITH REVENUE -75,683. INSTITUTIONAL GRANTS 23,821,430. BOOKSTORE EXPENSES NETTED WITH REVENUE -1,667,203. GAIN (LOSS) ON FIXED ASSETS -4,353. PART XIII, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE EXPENSES NETTED WITH REVENUE 1,667,203. RENTAL EXPENSES NETTED WITH REVENUE 75,683. GAIN (LOSS) ON FIXED ASSETS 4,353. UNREALIZED LOSS ON INTEREST RATE SWAP 8,129,064. PART XIII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL GRANTS 23,821,430. 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 RACIALLY NONDISCRIMINATORY POLICIES OF THE SCHOOL ARE STATED IN ALL ADVERTISEMENTS AND UNIVERSITY MATERIALS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 US DEPT OF EDUCATION: FED PELL GRANT FED SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT FED PERKINS LOAN FED WORK-STUDY FED DIRECT STUDENT LOANS: STAFFORD LOAN, PLUS LOAN UPWARD BOUND NATIONAL WRITING PROJECT US DEPT OF HEALTH AND HUMAN SERVICES: NURSE EDUCATION,PRACTICE AND RETENTION ADVANCED EDUCATION NURSING TRAINEESHIP SCHOLARSHIPS FOR HEALTH PROFESSIONALS, STUDENTS FROM DISADVANTAGED BACKGROUNDS NATIONAL SCIENCE FOUNDATION: EDUCATION AND HUMAN RESOURCES: ROBERT NOYCE SCHOLARSHIP SCIENCE,TECHNOLOGY,ENGINEERING AND MATHEMATICS GRANT STATE OF IOWA PROGRAMS INCLUDE: IOWA TUITION GRANT IOWA GRANT IOWA NATIONAL GUARD EDUCATIONAL ASSISTANCE GRANT ALL IOWA OPPORTUNITY FOSTER CARE GRANT CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDY ABROAD 10750 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD 18256 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES STUDY ABROAD 302472 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD 1000 NORTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD 39170 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD 53675 SOUTH ASIA 0 0 PROGRAM SERVICES STUDY ABROAD 24177 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD 115839 0 0 0 0 0 0 565339 0 565339 0 0 0 0 0 0 X X X X X X X 1 RUFFALOCODY 65 KIRKWOOD N RD SW CEDAR RAPIDS IA 52404 OUTSOURCE OF PHONATHON 0 111699 61423 50276 111699 61423 50276 AL CA CO DC FL GA HI IL KS KY NJ NM NY ND OH OK OR PA RI TN WV WI AK AZ AR LA ME MD MI MS MO NH NC UT VA WA SC CT MN WINE FESTIVAL 196101 149530 46571 7353 12589 214 6285 GOLF OUTING 61807 42721 19086 4795 4577 800 1 17620 14195 3425 1045 12150 4390 275528 206446 69082 1045 12148 29316 214 11475 54198 14884 1 STUDENT SCHOLARSHIP 2475 21439723 ATHLETIC SCHOLARSHIP 714 2783092 TUITION - FACULTY AND STAFF 189 2253094 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE FINANCIAL AID OFFICE MONITORS COMPLIANCE WITH GRANT/SCHOLARSHIP CRITERIA ON AN INDIVIDUAL STUDENT BASIS. X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 DR PAUL KOCH 149166 0 0 0 14617 0 10571 0 14117 0 188471 0 0 0 MICHAEL POSTER 140001 0 0 0 8229 0 10023 0 14295 0 172548 0 0 0 DR JOHN BYRNE 136755 0 0 0 0 0 7620 0 17295 0 161670 0 0 0 DR DAVID O'CONNELL 128052 0 0 0 0 0 8387 0 15784 0 152223 0 0 0 DR JAMES LOFTUS 153318 0 0 0 19707 0 5119 0 8036 0 186180 0 0 0 DR EDWARD LITTIG 166259 0 0 0 182666 0 24146 0 13909 0 386980 0 127135 0 PART I, LINE 4B DR. EDWARD LITTIG - $6,250 SUPPLEMENTAL INFORMATION PART III SISTER JOAN LESCINSKI (PRESIDENT/BOARD MEMBER) HAD A HOUSING ALLOWANCE OF $9,068. THIS WAS CONSIDERED NONTAXABLE COMPENSATION. DR. EDWARD LITTIG (VP FOR ADVANCEMENT), DR. JAMES LOFTUS (VP FOR ENROLLMENT MANAGEMENT), MICHAEL POSTER (VP OF FINANCE), AND DR. PAUL KOCH (VP FOR ACADEMIC & STUDENT AFFAIRS) RECEIVED SOCIAL CLUB DUES OF $8,490, $4,245, $2,315 AND $8,490 RESPECTIVELY. THIS WAS CONSIDERED TAXABLE COMPENSATION ON THEIR W-2S. DR. EDWARD LITTIG (VP FOR ADVANCEMENT), DR. JAMES LOFTUS (VP FOR ENROLLMENT MANAGEMENT), MICHAEL POSTER (VP OF FINANCE), DR. PAUL KOCH (VP FOR ACADEMIC & STUDENT AFFAIRS), JOHN COOPER (VP FOR ENROLLMENT MANAGEMENT), AND JEANNE KOBUSZEWSKI (VP FOR ADVANCEMENT) RECEIVED PERSONAL USAGE FROM UNIVERSITY ISSUED AUTOMOBILES OF $5,075, $3,214, $5,914, $6,127, $2,765 AND $3,001 RESPECTIVELY. THIS WAS CONSIDERED TAXABLE COMPENSATION ON THEIR W-2S. DR. EDWARD LITTIG OTHER REPORTABLE COMPENSATION (PART II, COLUMN (B)(III) INCLUDES DEFERRED COMPENSATION OF $155,060. IOWA HIGHER EDUCATION LOAN AUTHORITY 421235696 462460QU3 2003-04-02 37795000 CONSTRUCTION PROJECTS 0 0 0 IOWA HIGHER EDUCATION LOAN AUTHORITY 421235696 462460D52 2008-04-01 20000000 REFINANCE DEBT & CONSTRUCTION PROJECTS 0 0 0 IOWA HIGHER EDUCATION LOAN AUTHORITY 421235696 46246OU38 2011-12-16 12000000 CONSTRUCTION PROJECTS 0 0 0 37606025 361836 16444095 2007 1 0 1 1 19900000 233921 7413688 2009 0 0 1 1 11833875 208146 8253605 3492124 2012 0 0 0 1 0 1 1 1 0 0.00000 0.02000 0.02000 1 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0.00000 0.00000 0.00000 1 1 1 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 X SCHEDULE K SUPPLENTAL INFORMATION DIFFERENCE BETWEEN ISSUE PRICE AND TOTAL PROCEEDS IS UNDERWRITER'S DISCOUNT. IRENE LOFTUS SPOUSE OF JAMES LOFTUS, FORMER VP 13626 CONSULTING SERVICES 0 BARBARA JOHNSON OWNER OF MCCARTHY IMPROVEMENT, BUSH CONSTRUCTION, AND HOWARD STEEL 7839872 CONSTRUCTION SERVICES 0 0 X 2 8925 SELLING PRICE X 22 221869 AVE FMV ON DATE OF GIFT X EQUIPMENT & FURNITURE 7 15395 COST/SELLING PRICE X FOOD, SUPPLIES, LABOR 17 40808 COST X MISCELLANEOUS 98 23054 COST 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE QUANTITIES REPORTED REPRESENT THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL CONSIST OF OFFICERS OF THE BOARD OF TRUSTEES AND THE CHAIRPERSONS OF EACH OF THE STANDING COMMITTEES (ACADEMIC AFFAIRS AND SERVICES, ADVANCEMENT, FINANCE AND INVESTMENT, BUILDINGS AND GROUNDS, ENFROLLMENT MANAGEMENT AND STUDENT SRVICES, GOVERNANCE AND NOMINATING, AUDIT AND EVALUATION AND COMPENSATION OF THE PRESIDENT). THIS COMMITTEE MAY EXERCISE, WHEN THE FULL BOARD OF TRUSTEES IS NOT IN SESSION, ALL OF THE POWERS VESTED IN THE BOARD OF TRUSTEES, EXCEPT: - THE POWER TO ELECT, APPOINT OR REMOVE TRUSTEES OR TO FILL VACANCIES ON THE BOARD OF TRUSTEES - THE POWER TO CHANGE MEMBERSHIP OF, OR TO FILL VACANCIES IN THE EXECUTIVE COMMITTEE - THE POWER TO APPOINT THE PRESIDENT OF THE UNIVERSITY - THE POWER TO MAKE, ALTER, RESTATE, AMEND OR REPEAL THE RESTATED ARTICLES OF INCORPORATION OR BYLAWS OF THE CORPORATION - THE POWER TO AUTHORIZE ANY SINGLE EXPENDITURE IN EXCESS OF $500,000 AND CUMULATIVE EXPENDITURES IN EXCESS OF $2,000,000 DURING ANY FISCAL YEAR - THE POWER TO ADOPT A PLAN OF MERGER OR CONSOLIDATION - THE RIGHT TO SELL, ENCUMBER, LEASE OR EXCHANGE OR MAKE OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE CORPORATION OR TO EFFECT A VOLUNTARY DISPOSITION OF THE CORPORATION OR A REVOCATION THEREOF - ANY OTHER POWERS WHICH MAY BE EXPRESSLY OR SPECIFICALLY WITHHELD BY RESOLUTION OF THE BOARD OF TRUSTEES THE OFFICERS OF THE BOARD OF TRUSTEES ARE DEFINED AS THE CHAIR (THE BISHOP OF THE ROMAN CATHOLIC DIOCESE OF DAVENPORT), THE VICE CHAIRS (VICAR GENERAL OF THE ROMAN CATHOLIC DIOCESE OF DAVENPORT AND TWO LAY MEMBERS), THE SECRETARY/TREASURER (PRESIDENT OF THE UNIVERSITY) AND THE ASSISTANT SECRETARY/ASSISTANT TREASURER (VICE PRESIDENT FOR FINANCE OF THE UNIVERSITY). THE ONLY MEMBER OF THE EXECUTIVE COMMITTEE WHO IS NOT A MEBMER OF THE BOARD OF TRUSTEES IS THE ASSISTANT SECRETARY/ASSISTANT TREASURER (VICE PRESIDENT OF FINANCE FOR THE UNIVERSITY). FORM 990, PART VI, SECTION A, LINE 2 JOHN ANDERSON (BOARD MEMBER), MICHAEL BAUER (BOARD MEMBER), MARK KILMER (BOARD MEMBER) AND LINDA NEUMAN (BOARD MEMBER) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. BRIAN LEMEK AND ELIZABETH LEMEK HAVE A FAMILY RELATIONSHIP (HUSBAND AND WIFE). FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF IRS FORM 990 IS PROVIDED TO THE UNIVERSITY'S AUDIT COMMITTEE PRIOR TO THE JANUARY COMMITTEE MEETING. THE COMMITTEE REVIEWS THE 990 AND APPROVES THE RETURN SUBJECT TO ANY REQUESTED CHANGES. THE 990 IS THEN PROVIDED TO ALL BOARD OF TRUSTEE MEMBERS PRIOR TO THE APRIL BOARD OF TRUSTEES MEETING. THE BOARD REVIEWS AND APPROVES THE RETURN DURING THIS MEETING. FORM 990, PART VI, SECTION B, LINE 12C ALL PURCHASE ORDERS MUST BE APPROVED BY THE UNIVERSITY'S GENERAL ACCOUNTING OFFICE. ALL MATERIAL PURCHASE ORDERS MUST BE APPROVED BY THE UNIVERSITY'S VICE PRESIDENT FOR FINANCE. ALL MATERIAL PURCHASES THAT WOULD REQUIRE APPROVAL UNDER THE CONFLICT OF INTEREST QUESTIONNAIRE WOULD BE IDENTIFIED DURING THESE REVIEWS. ON AN ANNUAL BASIS THE UNIVERSITY'S GENERAL ACCOUNTING OFFICE COMPARES THE RESPONSES IN THE CONFLICT OF INTEREST QUESTIONNAIRES TO THE UNIVERSITY'S ACCOUNTING RECORDS TO ENSURE THEY ARE COMPLETE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE UNIVERSITY'S PRESIDENT IS THE RESPONSIBILITY OF THE BOARD OF TRUSTEES OF THE UNIVERSITY. THE BOARD OF TRUSTEES HAS A COMPENSATION COMMITTEE CURRENTLY COMPRISED OF JOHN ANDERSON, COMMITTEE CHAIR, BISHOP MARTIN AMOS, CHAIR OF THE BOARD OF TRUSTEES, AND RITA BAWDEN, BOARD MEMBER. IN ADDITION TO RECOMMENDING THE SALARY AND BENEFIT PACKAGE FOR THE PRESIDENT, THIS COMMITTEE ALSO HANDLES THE ANNUAL EVALUATION OF THE PRESIDENT. EVERY FIVE YEARS THE COMMITTEE OBTAINS A STUDY FROM A CONSULTING FIRM SPECIALIZING IN HUMAN RESOURCE MATTERS TO COMPARE THE SALARY AND BENEFITS OF THE UNIVERSITY'S PRESIDENT TO INDUSTRY MEDIANS FOR INSTITUTIONS OF HIGHER EDUCATION SIMILAR IN SIZE AND SCOPE. THIS STUDY LOOKS AT NATIONAL TRENDS IN ADDITION TO COMPENSATION LEVELS IN THE MIDWEST REGION. IN THE YEARS BETWEEN THESE STUDIES, THE COMMITTEE ALSO OBTAINS INDUSTRY DATA FROM SOURCES SUCH AS THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR). GENERALLY IN LATE JUNE TO EARLY JULY, THE COMMITTEE ASKS THE PRESIDENT TO COMPLETE A SELF-EVALUATION OF HIS OR HER PERFORMANCE FOR THE PAST YEAR. THIS SELF-EVALUATION IS REVIEWED AND A SUMMARY OF THE PRESIDENT'S PERFORMANCE AND FUTURE GOALS IS COMPLETED BY THE COMMITTEE. THE COMMITTEE MEETS WITH THE PRESIDENT PRIOR TO THE OCTOBER BOARD MEETING TO DISCUSS HIS OR HER PERFORMANCE. THE COMMITTEE ALSO REVIEWS THE COMPENSATION OF THE PRESIDENT AND COMPARES IT TO THE INDUSTRY DATA NOTED ABOVE. THE COMMITTEE THEN DELIBERATES AND RECOMMENDS A SALARY AND BENEFIT PACKAGE THAT WILL BE PRESENTED TO THE BOARD OF TRUSTEES FOR THEIR APPROVAL. THE DISCUSSION AND DECISION OF THE COMMITTEE IS DOCUMENTED IN THEIR MINUTES. THE SALARY AND BENEFIT PACKAGE IS PRESENTED TO THE BOARD OF TRUSTEES FOR APPROVAL DURING THE OCTOBER BOARD MEETING. THE DELIBERATION AND DECISION OF THE BOARD OF TRUSTEES IS DOCUMENTED IN THEIR MINUTES. THE FOLLOWING IS THE PROCESS FOR SETTING THE SALARY AND BENEFITS OF THE VICE PRESIDENTS AND KEY EMPLOYEES: THE COMPENSATION AND BENEFITS OF THE UNIVERSITY'S VICE PRESIDENTS AND KEY EMPLOYEES IS THE RESPONSIBILITY OF THE PRESIDENT. ON AN ANNUAL BASIS THE PRESIDENT HAS EACH VICE PRESIDENT PREPARE A SELF EVALUATION. THE PRESIDENT REVIEWS THE SELF EVALUATION AND DOCUMENTS HIS OR HER EVALUATION OF THE VICE PRESIDENT'S PERFORMANCE. THE EVALUATION OF KEY EMPLOYEES IS THE RESPONSIBILITY OF THEIR DIRECT SUPERVISOR. THE PRESIDENT OBTAINS INDUSTRY DATA FROM CUPA-HR AND REVIEWS THE COMPENSATION AND BENEFIT LEVELS OF EACH VICE PRESIDENT AND KEY EMPLOYEE BEFORE SETTING THEIR SALARY AND BENEFITS. THE PRESIDENT THEN COMMUNICATES THIS INFORMATION TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -4,626,169. DONATED SERVICES AND USE OF FACILITIES: 58,444. CHANGE IN VALUE OF TRUST RECEIVABLE 1,041. UNREALIZED GAIN/LOSS ON INTEREST RATE SWAP -8,129,064. TOTAL TO FORM 990, PART XI, LINE 5: -12,695,748. FORM 990, PART XI, LINE 2C THE BOARD OF TRUSTEES FOR ST. AMBROSE UNIVERSITY HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE UNIVERSITY'S ANNUAL AUDIT OF ITS FINANCIAL STATEMENTS. THE AUDIT COMMITTEE IS ALSO RESPONSIBLE FOR CHOOSING THE INDEPENDENT AUDITOR EACH YEAR. OFFICER COMPENSATION FOR SISTER JOAN LESCINSKI FORM 990, PART VII, SECTION A AS A MEMBER OF A RELIGIOUS ORDER, SISTER JOAN LESCINSKI'S COMPENSATION IS PAID TO HER ORDER. ST. AMBROSE UNIVERSITY PROVIDES A HOUSE, A CAR AND HEALTH INSURANCE BENEFITS TO SISTER JOAN LESCINSKI. UTILITIES, MAINTENANCE AND OTHER OPERATING COSTS OF THE HOUSE AND CAR ARE ALSO PAID FOR BY THE UNIVERSITY. VOLUNTEER ACTIVITIES FORM 990, PAGE 1, LINE 6 FUNDRAISING EVENTS ALL HAVE VOLUNTEER COMMITTEES THAT HELP PLAN AND IMPLEMENT THESE EVENTS. OTHER VOLUNTEERS SERVE ON ADVANCEMENT COMMITTEES. THE PRESIDENT'S CLUB EXECUTIVE COUNCIL HAS 15 MEMBERS WHO REPRESENT SAU AT PRESIDENT'S CLUB EVENTS; SOME SOLICIT THEIR PEERS FOR DONATIONS USING PERSONAL CONTACT AND LETTERS. THE ALUMNI BOARD HAS 20 MEMBERS WHO REPRESENT SAU AT CERTAIN ALUMNI EVENTS. PROFESSIONAL ARTS BUILDING LTD 1820 BRADY STREET DAVENPORT IA 52803 420869607 RENTAL SPACE/REAL ESTATE IA ST AMBROSE UNIVERSITY C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 RELATED ORGANIZATIONS TAXABLE AS A CORPORATION OR TRUST SCHEDULE R, PART IV PROFESSIONAL ARTS BUILDING LTD. WAS DISSOLVED ON MARCH 19, 2012.