2013-02-12T15:17:59-06:00 2012-06-30 BKD LLP 211 N BROADWAY SUITE 600 ST LOUIS MO 631022733 990 2011-07-01 430652675 St Louis College Of Pharmacy % GARY TORRENCE STLO 3143678700 4588 Parkview Place St Louis MO 631101088 DR JOHN A PIEPER 3143678700 2013-02-12 true Donna J Larson 3142315544 2011 2016-03-07 17:11:31Z JOHN A PIEPER 4588 PARKVIEW PL ST LOUIS MO 631101088 73306917 false X www.stlcop.edu X 1864 MO EDUCATIONAL INSTITUTION TO PROVIDE PROFESSIONAL EDUCATION TO STUDENTS TO RECEIVE A GRADUATE DEGREE IN PHARMACY. 19 19 734 29585 2324875 1894285 33548865 36052443 8703451 7653272 113570 185612 44690761 45785612 4929498 5701981 0 0 16840392 18751676 0 0 1012528 12353030 13245826 34122920 37699483 10567841 8086129 166594225 167392672 47464269 46682773 119129956 120709899 EDUCATIONAL INSTITUTION TO PROVIDE PROFESSIONAL EDUCATION TO STUDENTS TO RECEIVE A GRADUATE DEGREE IN PHARMACY. false false 28930118 5610312 32581340 STUDENT EDUCATION: TO PROVIDE STUDENTS WITH INSTRUCTION, BOOKS AND MATERIALS TO OBTAIN GRADUATE DEGREES IN PHARMACY. NUMBER PERSONS ENROLLED: SPRING 1,223, FALL 1,260. 3179652 91669 2886934 STUDENT HOUSING AND PARKING: TO PROVIDE ROOM AND BOARD FOR STUDENTS OF THE ST. LOUIS COLLEGE OF PHARMACY. NUMBER OF PERSONS HOUSED 290, ALSO PROVIDES PARKING FOR 535. 1329388 584169 OTHER NON-OPERATING ACTIVITIES 33439158 true true false false false false false true false true true true false false true false true false true false true false false false false false false false true true true false false false false false false false false false false false false false false false true false false false false true 50 0 true 734 true true true true VI CJ UK false false false false false false false false X 19 19 false false false false false false false true true false false true true true true true false true false false X GARY TORRENCE 3143678700 4588 PARKVIEW PL ST LOUIS MO 631101088 WILLIAM R MATTSON 1.0 X 0 0 0 MARK A PILKINGTON 1.0 X 0 0 0 JANE E ARNOLD 1.0 X X 0 0 0 STEPHEN M CALLOWAY 1.0 X 0 0 0 NANCY A KONIECZNY 1.0 X X 0 0 0 THOMAS L MEYER 1.0 X X 0 0 0 RENATO CATALDO 1.0 X 0 0 0 GARY P REEVE 1.0 X 0 0 0 CHARLES J BERRY 1.0 X X 0 0 0 TODD EVERS 1.0 X 0 0 0 JOSEPH C FLEISHAKER 1.0 X X 0 0 0 KEVIN COLGAN 1.0 X 0 0 0 ARTHUR CULBERT 1.0 X 0 0 0 CATHERINE GOETZ 1.0 X 0 0 0 MICHAEL HOLMES 1.0 X 0 0 0 RICHARD LIEKWEG 1.0 X 0 0 0 ANN MARR 1.0 X 0 0 0 JAMES SANGER 1.0 X 0 0 0 RICHARD ANDERSON 1.0 X 0 0 0 WENDY L DUNCAN 40.0 X 211986 0 26541 KIMBERLY J KILGORE 40.0 X 145172 0 24249 GARY TORRENCE 40.0 X 185637 0 25249 JOHN A PIEPER 40.0 X 388828 0 45973 JOHN M BURKE 40.0 X 147902 0 28338 F CHAD SHEPHERD 40.0 X 137743 0 24050 TERRY SEATON 40.0 X 131139 0 26574 TRICIA BERRY 40.0 X 145021 0 14218 MARCUS LONG 40.0 X 133656 0 29846 THOMAS F PATTON 40.0 X 169596 0 32070 1796680 0 277108 35 true true false HOSPITALITY SERVICES 15480 CLAYTON RD STE 301 BALLWIN MO 63011 FOOD SERVICE 892618 ALLIED BARTON SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 191828854 SECURITY SERVICE 378094 EXECUTIVE MANAGEMENT SERVICES PO BOX 501818 INDIANAPOLIS IN 46250 HOUSEKEEPING SRVS 112793 CREATIVE PRINTING SERVICES 34 N BRENTWOOD BLVD ST LOUIS MO 63105 PRINTING SERVICE 113941 BERNARD CONSULTING GROUP 523 GRAND BLVD STE 1A KANSAS CITY MO 64106 CONSULTING 105402 6 502179 1392106 15564 1894285 TUITION & HOUSING 611600 36052443 36052443 36052443 3804939 29585 3775354 0 0 31369638 27521305 3848333 3848333 3848333 0 0 0 BOOKSTORE/FOOD SERVICE INCOME 451211 47842 47842 PROFESSIONAL PROGRAM FEE 713990 37179 37179 VENDING MACHINE INCOME 900099 4601 4601 95990 95990 185612 45785612 36052443 29585 7809299 0 5701981 5701981 0 0 1093021 427339 665682 0 13866115 12535093 866954 464068 916740 813436 80394 22910 1853860 1663389 130293 60178 1021940 888696 99784 33460 0 45909 45909 82608 82608 0 0 533843 533843 1326914 1252938 15816 58160 0 722472 632483 19609 70380 869993 832617 37376 0 593021 593021 0 0 408621 316756 52939 38926 1685499 1685499 0 2501830 2501830 177708 177708 FOOD - DORMITORY 744309 744309 BAD DEBTS 725212 711133 14079 SPECIAL EVENTS 684870 401237 24278 259355 FACULTY DVMT/RESEARCH 498380 403000 95380 1644637 1334401 305145 5091 37699483 33439158 3247797 1012528 449790 662045 7081880 5396552 738284 244852 112290 278116 0 0 0 0 0 0 0 0 449340 565784 70405972 30927178 40506607 39478794 75407550 79019772 34888647 34569149 4959252 5034427 0 0 2000585 2143181 166594225 167392672 2507110 2803510 0 0 1563536 1864579 37860000 36115000 0 0 0 0 5108244 5404721 0 0 425379 494963 47464269 46682773 X 107593632 108898513 5542251 5474938 5994073 6336448 119129956 120709899 166594225 167392672 X 8086129 -6506186 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 64000 X X false 111546374 2512662 1090625 0 1007987 0 114141674 83426512 8972455 20116041 0 968634 0 111546374 72199524 2333529 9536185 0 642726 0 83426512 88636795 1189860 -17078180 0 548951 0 72199524 0.92410 0.05550 0.02040 false false 2622399 2622399 53044070 18388113 34655957 2267712 2257415 10297 10117522 8212947 1904575 2354269 2068703 285566 39478794 ALTERNATE STRATEGIES 27305588 F REAL ESTATE 7263561 F 34569149 0 FUNDS HELD FOR OTHERS 84578 PAYABLE TO ANNUITANTS 58740 DEFERRED COMPENSATION 351645 494963 45785612 37699483 8086129 -6721360 215174 -6506186 1579943 34269608 -6721360 233904 -6487456 40757064 5028548 5028548 45785612 32689665 18730 18730 32670935 5028548 5028548 37699483 DESCRIPTION AND USE OF THE ORGANIZATION'S COLLECTIONS PART III, LINE 4 THE MORTAR AND PESTLE COLLECTIONS ARE DISPLAYED IN THE COLLEGE'S LOBBY AND LIBRARY. THE ITEMS PRESERVE THE HISTORY OF THE PHARMACY PROFESSION FOR FUTURE GENERATIONS. USE OF ENDOWMENT FUNDS PART V, LINE 4 THE PURPOSE OF THE ENDOWMENT FUND IS TO SUPPORT THE COLLEGE IN ACHIEVING ITS MISSION. FIN 48 DISCLOSURE PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. RECONCILIATION OF CHANGE IN NET ASSETS FROM 990 TO FINANCIAL STATEMENTS PART XI, LINE 8 CHANGE IN SPLIT INTEREST AGREEMENTS $198,437 CHANGE IN CASH SURRENDER VALUE $ 4,779 NET CHANGE IN COLLEGE CONTRIBUTION TO FEDERAL LOAN PROGRAM $ 11,958 -------- $215,174 RECONCILIATION OF REVENUE PER AUDITED FIN STMTS WITH REVENUE PER RETURN PART XII, LINE 2D RECLASSIFICATION OF EXPENSE $ 18,730 NET CHANGE IN CASH SURRENDER VALUE $ 4,779 NET CHANGE IN COLLEGE CONTRIBUTION TO FEDERAL LOAN PROGRAM $ 11,958 CHANGE IN SPLIT INTEREST AGREEMENTS $198,437 -------- $233,904 RECONCILIATION OF REVENUE PER AUDITED FIN STMTS WITH REVENUE PER RETURN PART XII, LINE 4B TUITION DISCOUNTS/SCHOLARSHIPS RECLASSED TO FUNCTIONAL EXPENSE $5,028,548 RECONCILIATION OF EXPENSE PER AUDITED FIN STMTS WITH EXPENSES PER RETURN PART XIII, LINE 2D RECLASSIFICATION OF EXPENSE $ 18,730 RECONCILIATION OF EXPENSE PER AUDITED FIN STMTS WITH EXPENSES PER RETURN PART XIII, LINE 4B TUITION DISCOUNTS/SCHOLARSHIPS RECLASSED TO FUNCTIONAL EXPENSE $5,028,548 true true true true true true true false false false false false false false false true false true RACIALLY NONDISCRIMINATORY POLICY PART I, LINE 3 THE COLLEGE POLICY OF RACIAL NONDISCRIMINATION IS PUBLISHED IN ALL ADMISSIONS CATALOGS AND MATERIAL AND MADE AVAILABLE TO ALL PROSPECTIVE STUDENTS. GOVERNMENTAL AID OR ASSISTANCE PART I, LINE 6 THE ORGANIZATION RECEIVES FINANCIAL AID OR ASSISTANCE FROM THE DEPARTMENT OF EDUCATION HIGHER EDUCATION PROGRAMS. Central America and the Caribbean Investments 16406976 Europe (Including Iceland and Greenland) Investments 837609 17244585 17244585 true false true true true false FOREIGN INVESTMENT BALANCE PART I, LINE 3 ST. LOUIS COLLEGE OF PHARMACY HAD THE FOLLOWING FOREIGN INVESTMENT BALANCES FOR THE YEAR: BLACKSTONE PARTNERS OFFSHORE FUND LTD $9,797,466 SELECTINVEST MULTISTRATEGY, LTD 656,837 CADOGEN ALTERNATIVE STRATEGIES FUND A 454,080 MAGNITUDE INTERNATIONAL 5,075,715 57 STARS GLOBAL OPPORTUNITY FUND 3 301,432 ----------- TOTAL CENTRAL AMERICA/CARIBBEAN INVESTMENTS $16,285,530 PGSF IV FEEDER, LP $837,609 ----------- TOTAL EUROPE INVESTMENTS $837,609 FOREIGN INVESTMENT FEES PART I, LINE 3 ST. LOUIS COLLEGE OF PHARMACY HAD FOREIGN INVESTMENT FEES of $121,446 FOR THE YEAR. true SEOG 103 193964 PRESIDENTIAL SCHOLARSHIP 130 1036000 FACULTY MEMORIAL SCHOLARSHIP 124 369287 HIGH PROFICIENCY SCHOLARSHIP 234 934588 TUITION REMISSION 10 91669 NEED BASED GRANTS 224 361927 CIVIC PRIDE AWARD 31 153321 COLLEGE SPONSORED SCHOLARSHIPS 305 816668 COLLEGE CONTRIBUTION SEOG 103 48492 COLLEGE CONTRIBUTION CWS 283 79518 COLLEGE CONTRIBUTION OJ CLOUGHLY LN FD 3 7000 DEANS SCHOLARSHIP 281 1542747 AMBASSADOR SCHOLARSHIP 38 37500 ANNA J CLOUGHLY CONTRIBUTION 1 500 WALGREENS SCHOLARSHIP 12 28800 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES PART I, LINE 2 THE STUDENT GRANTS AND AWARDS ARE FINANCIAL AID FUNDS WHICH THE FINANCIAL AID OFFICE HAS DETERMINED EACH STUDENT WAS ELIGIBLE TO RECEIVE. THE BUSINESS OFFICE REVIEWS THEIR LIST, PRIOR TO ENTERING THE AWARDS DIRECTLY ON EACH STUDENT'S TUITION ACCOUNT, AS PAYMENT. FINANCIAL AID OFFICE IS PROVIDED MONTHLY REPORTS AS THESE AWARDS ARE EXPENSED OUT OF THE FINANCIAL AID BUDGET. STUDENTS ARE AWARE OF THESE AWARDS THROUGH VARIOUS PUBLICATIONS. STUDENTS HAVE DIRECT ACCESS TO ALL DETAILS OF THEIR TUITION ACCOUNT. X X true true X X X X false false false false false false false true false THOMAS F PATTON 160447 0 0 0 9149 0 16997 0 15073 0 201666 0 WENDY L DUNCAN 199789 0 11400 0 797 0 16687 0 9854 0 238527 0 KIMBERLY J KILGORE 129687 0 15000 0 485 0 10948 0 13301 0 169421 0 GARY TORRENCE 174648 0 10000 0 989 0 14367 0 10882 0 210886 0 JOHN M BURKE 147365 0 0 0 537 0 12433 0 15905 0 176240 0 F CHAD SHEPHERD 127405 0 10000 0 338 0 10623 0 13427 0 161793 0 JOHN A PIEPER 326992 0 39000 0 22836 0 35691 0 10282 0 434801 0 TERRY SEATON 131139 0 0 0 0 0 11053 0 15521 0 157713 0 TRICIA BERRY 145021 0 0 0 0 0 10783 0 3435 0 159239 0 MARCUS LONG 121326 0 12000 0 330 0 10419 0 19427 0 163502 0 HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES PART I, LINE 1(A) DR. JOHN A. PIEPER, THE PRESIDENT, RECEIVED PAYMENT FOR HEALTH/SOCIAL CLUB MEMBERSHIP DUES AND A HOUSING ALLOWANCE. THE PRESIDENT PAID THE COLLEGE FOR HIS PERSONAL USE OF THE HEALTH/SOCIAL CLUB MEMBERSHIP AND THE HOUSING ALLOWANCE WAS INCLUDED IN HIS W-2. THOMAS PATTON, THE FORMER PRESIDENT, RECEIVED HEALTH/SOCIAL CLUB MEMBERSHIP DUES, WHICH WERE INCLUDED IN HIS TAXABLE COMPENSATION. NON-FIXED PAYMENTS PART I, LINE 7 EACH INDIVIDUAL'S BONUS IS BASED UPON THE COLLEGE'S PERFORMANCE AND THE INDIVIDUAL'S PERFORMANCE COMPARED TO THEIR ANNUAL GOALS. THE BONUSES ARE APPROVED BY THE BOARD. THE FOLLOWING INDIVIDUALS RECEIVED THE NON-FIXED PAYMENT: JOHN A PIEPER, PRESIDENT WENDY L DUNCAN, DEAN OF PHARMACY KIMBERLY J KILGORE, DEAN OF ARTS & SCIENCES GARY TORRENCE, VP FINANCE & CFO F CHAD SHEPHERD, VP INFORMATION TECHNOLOGY MARCUS LONG, VP MARKETING & COMMUNICATIONS HLTH & ED FACILITIES AUTHORITY OF THE STATE OF MO 431178966 606901Z33 2006-02-24 45755000 DEFEASE 2001 ISSUE true false false 9640000 0 0 45755000 0 0 912835 691000 0 0 0 0 2003 true false true true 0 true false false 0 false 0 false false REVIEW PROCESS FORM 990, PART VI, SECTION A, QUESTION 11B THE STAFF MEMBERS THAT PROVIDE INFORMATION TO THE OUTSIDE PREPARER CONDUCT A THOROUGH REVIEW OF A DRAFT OF THE RETURN. THE FINAL VERSION IS REVIEWED IN DETAIL BY THE FINANCE COMMITTEE. THE RETURN IS THEN FORWARDED TO THE BOARD MEMBERS FOR REVIEW BEFORE FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. COMPLIANCE WITH CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C FACULTY, STAFF, AND THE BOARD OF TRUSTEES ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICT. ALL CONFLICTS OF INTEREST ARE REVIEWED BY THE FACULTY GOVERNANCE COMMITTEE, THE DIRECTOR OF HUMAN RESOURCES, AND THE BOARD OF TRUSTEES. ALL PERSONS ARE INSTRUCTED TO REFRAIN FROM ACTIVITIES THAT GIVE RISE TO CONFLICT. ALL CONTRACTS AND PURCHASES IN EXCESS OF $1,000 REQUIRE APPROVAL OF THE CFO. THE PRESIDENT'S APPROVAL IS REQUIRED FOR $5,000 AND ABOVE. PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, SECTION B, LINE 15A/B AS PART OF THE PROCESS FOR DETERMINING COMPENSATION, SALARY INFORMATION FOR PRESIDENTS OF SIMILAR SIZED COLLEGES AND FORMS 990 WAS PROVIDED BY A RECRUITING FIRM. ADDITIONAL FACTORS INCLUDED A REVIEW OF THE PRESIDENT'S PERFORMANCE RATING BY THE BOARD AND THE COLLEGE'S BUDGETED SALARY FOR FACULTY AND STAFF. BONUSES WERE BASED ON CONTRACT TERMS AND THE PRESIDENT'S PERFORMANCE AS COMPARED TO OBJECTIVES. THE BOARD OF TRUSTEES MEET IN JUNE AND APPROVE AN ADJUSTMENT. THE CHAIRPERSON MEETS WITH THE PRESIDENT TO DISCUSS PAST GOALS, NEW GOALS AND SALARY ADJUSTMENT. PROCESS FOR MAKING DOCUMENTS AVAILABLE TO PUBLIC FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 5 NET UNREALIZED GAIN ON INVESTMENT $(6,721,360) CHANGE IN CASH SURRENDER VALUE $ 4,779 NET CHANGE IN CONTRIBUTION TO FEDERAL LOAN PROGRAM $ 11,958 CHANGE IN SPLIT INTEREST AGREEMENT $ 198,437 ___________ TOTAL OTHER CHANGES IN NET ASSETS $(6,506,186) CHARITABLE REMAINDER TRUST REMAINDER TRU MO US BANK TRUST 1.00000 false false false false false false false false false false false false false false false false false false