2013-02-20T16:39:22-06:00 2012-06-30 381357951 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2011-07-01 390980974 SILVER LAKE COLLEGE OF THE HOLY FAMILY INC SILV 9206866121 2406 S ALVERNO ROAD MANITOWOC WI 54220 DEBRA WIGAND 9206866121 2013-02-19 1 CAROL LALONDE CPA P00181637 2695674500 2011 2016-02-25 16:41:14Z DEBRA WIGAND 2406 S ALVERNO ROAD MANITOWOC WI 54220 17083376 0 X WWW.SL.EDU X 1935 WI PROVIDING COLLEGE EDUCATION 13 13 306 25 0 0 1886748 7182156 7793160 7478329 232451 221879 32306 91128 9944665 14973492 1267770 1643938 0 0 4304445 4678050 0 0 307741 3779294 3120156 9351509 9442144 593156 5531348 18662678 23532064 7042367 6586099 11620311 16945965 X SILVER LAKE COLLEGE IS A DYNAMIC LEARNING COMMUNITY THAT EMPOWERS STUDENTS THROUGH A QUALITY LIBERAL ARTS EDUCATION, INTERGRATED WITH PROFESSIONAL PREPARATION, OFFERED IN AN ENVIRONMENT OF MUTUAL RESPECT AND CONCERN FOR PERSONS, BASED ON THE PRINCIPALS AND TRUTHS OF THE FRANCISCAN CATHOLIC TRADITION. 0 0 4654498 1643938 6606643 INSTRUCTIONAL: INCLUDES ACADEMIC PROGRAMS OF COLLEGE CURRICULUM SERVING OVER 3,000 STUDENTS PER SEMESTER. PROGRAMS OFFERED INCLUDE MAJORS IN ART, ENGLISH, MATH, MUSIC, SCIENCE, RELIGION, AND SOCIAL STUDIES. 830706 176327 ACADEMIC SUPPORT: FINANCIAL AID, ADMISSIONS, SCHEDULING, INTERN PLACEMENT, ACADEMIC ADVISING, PROGRAM COUNSELING, AV AND COMPUTER AID AND INSTRUCTION, STUDENT SERVICES, PUBLIC INFORMATION, STUDY SKILLS HELP, LIBRARY, AND SUPPORT. 798584 695359 AUXILIARY SERVICES: SERVICES PROVIDED FOR STUDENT CONVENIENCE INCLUDING CAFETERIA, BOOKSTORE, PRINT SHOP, AND STUDENT HOUSING. THE COLLEGE PRINTS MANY OF ITS OWN BROCHURES AND CATALOGS. 6283788 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 40 0 1 306 1 0 0 0 0 0 1 1 0 0 0 0 X 13 13 0 0 1 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 WI X DEBRA WIGAND 9206866121 2406 S ALVERNO ROAD MANITOWOC WI 54220 DR GEORGE ARNOLD 40.00 X X 169793 0 5075 CHARLES DEIBELE 1.00 X 0 0 0 DAVID J DIEDRICH 1.00 X 0 0 0 FATHER DAN FELTON 1.00 X 0 0 0 MARK J FENLON 1.00 X 0 0 0 RALPH E HOLLMAN 1.00 X 0 0 0 KATHERINE M REYNOLDS 1.00 X 0 0 0 DONALD L SALMON 1.00 X 0 0 0 SISTER ADRIANNA SCHOUTEN 1.00 X X 0 0 0 DR JOHN STERN 1.00 X 0 0 0 MARK SWANSON 1.00 X X 0 0 0 SISTER MYRA JEAN SWEIGART 1.00 X X 0 0 0 TODD C THIEL 1.00 X 0 0 0 SISTER LAURA WOLF 1.00 X X 0 0 0 LEE KUMMER 1.00 X 0 0 0 TIMOTHY SCHAEFER 1.00 X 0 0 0 WENDY SCHULER 1.00 X 0 0 0 SR MARY LEE SCHOMMER 1.00 X 0 0 0 DR JULIE MAYROSE 40.00 X 67148 0 4416 DEBRA WIGAND 40.00 X 72925 0 0 JACOB CZARNIK-NEIMEYER 40.00 X 60462 0 0 370328 0 9491 1 0 1 0 FRANCISCAN HEALTH BENEFITS PLAN 1415 SOUTH RAPIDS ROAD MANITOWOC WI 54220 HEALTH INSURANCE 223312 IKON OFFICE SOLUTIONS PP BOX 534777 ATLANTA GA 30353 COPY & MAIL SERVICES 139124 DYNAMIC INC 529 ONTARIO AVE SHEBOYGAN WI 53081 MARKETING 118982 6 44100 5235384 1557739 344933 7182156 TUITION AND FEES 611710 6606643 6606643 STUDENT HOUSING 611710 429900 429900 CAFETERIA 611710 265459 265459 NETWORK LEARNING CENTE 611710 166601 166601 TRANSCRIPTS AND CREDEN 611710 9726 9726 7478329 184795 184795 2129042 2091958 37084 37084 37084 18900 44100 17926 974 974 MISCELLANEOUS 990009 90154 90154 90154 14973492 7478329 0 313007 1643938 1643938 438044 400168 37876 3763640 2732619 830161 200860 18576 9500 8199 877 164429 34188 130241 293361 179417 94845 19099 36971 36971 36775 36775 30116 30116 566955 103142 451313 12500 81124 7635 60621 12868 190502 158796 21586 10120 214591 76931 137660 106165 89805 14961 1399 188606 184241 4365 455677 455677 EXTERNAL SUPPLIES 377857 252493 119409 5955 REPAIRS & MAINTENANCE 196439 189157 7282 TUITION REMISSION 128001 128001 MEMBERSHIPS & DUES 123957 32264 90041 1652 386420 133985 247900 4535 9442144 6283788 2850615 307741 190074 122355 813864 673063 969521 5948713 790661 522976 37631 39634 18703 80000 13201430 4726051 7111487 8475379 6056296 6384532 35007 33212 2639434 1252200 18662678 23532064 548578 396012 528949 423204 4647221 4442290 1317619 1324593 7042367 6586099 X 2037216 1464418 3809307 9535135 5773788 5946412 11620311 16945965 18662678 23532064 X 5531348 -205694 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 889660 X 0 6056296 197774 -17261 294723 5942086 5258537 162370 977281 144485 167368 30039 6056296 4846960 154546 586702 151434 149230 29007 5258537 5931784 538210 -793431 145526 657448 26629 4846960 1.00000 0 0 115337 115337 7713695 2914426 4799269 4794880 1811625 2983255 577518 577518 8475379 CASH VALUE OF LIFE INSURANCE 56743 LAND HELD FOR SALE 57500 REAL ESTATE HELD FOR LEASE 1137957 1252200 STUDENT DEPOSITS 24593 LINE OF CREDIT TO AFFILIATE 1300000 1324593 14973492 9442144 5531348 -205694 -205694 5325654 15708396 -205694 2596726 2391032 13317364 30116 1626012 1656128 14973492 10382742 2596726 17926 2614652 7768090 30116 1643938 1674054 9442144 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE COLLEGE MAINTAINS A BOOKS COLLECTION IN ITS LIBRARY. THE LIBRARY SERVES AS AN INFORMATION CENTER TO SUPPORT, SUPPLEMENT, AND ENRICH THE CURRICULUM OF EACH DISCIPLINE THAT THE COLLEGE OFFERS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE COLLEGE IS A NOT-FOR-PROFIT CORPORATION AND HAS BEEN RECOGNIZED AS TAX-EXEMPT PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE COLLEGE AND RECOGNIZE A TAX LIABILITY IF THE COLLEGE HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COLLEGE AND HAS CONCLUDED THAT AS OF JUNE 30, 2012, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COLLEGE IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO JUNE 30, 2009. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS REPORTED AS A REDUCTION FROM TUITION ON FINANCIAL STATEMENTS 1,643,938. SPECIAL EVENT EXPENSE -17,926. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 17,926. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS REPORTED AS A REDUCTION FROM TUITION ON FINANCIAL STATEMENTS 1,643,938. 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 SCHOOL CATALOG STATES, "SILVER LAKE COLLEGE DOES NOT DISCRIMINATE ON THE BASIS OF AGE, SEX, RACE, COLOR, CREED, PHYSICAL DISABILITY, VETERANS STATUS, OR NATIONAL OR ETHNIC ORIGIN IN ADMINISTRATION OF ITS ADMISSION POLICY, ATHLETIC PROGRAMS, EDUCATIONAL PROGRAMS, EMPLOYMENT PRACTICES, SCHOLARSHIP AND LOANS PROGRAM, AND OTHER COLLEGE ADMINISTERED PROGRAMS AND ACTIVITIES." EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVED FEDERAL GRANTS FROM THE BUREAU OF INDIAN AFFAIRS, THE DEPARTMENT OF VETERAN'S AFFAIRS, THE U.S. DEPARTMENT OF EDUCATION, AND THE DEPARTMENT OF WORKFORCE DEVELOPMENT. STATE GRANTS WERE RECEIVED FROM THE WISCONSIN HIGHER EDUCATION AIDS BOARD. GALA 63000 44100 18900 17926 63000 44100 18900 17926 17926 974 1 VARIOUS GRANTS AND SCHOLARSHIPS FOR ACADEMIC EXCELLENCE AND EXTRACURRICULAR ACTIVITIES. 154 1643938 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANTS AND SCHOLARSHIPS ARE AWARDED TO STUDENTS ATTENDING THE COLLEGE AND ARE DIRECTLY APPLIED AGAINST THEIR TUITION COSTS. X X 0 0 0 0 0 0 0 0 0 DR GEORGE ARNOLD 169793 0 0 0 0 0 0 0 5075 0 174868 0 0 0 WI HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 391337855 2010-12-30 4635000 BUILDING RENOVATIONS 0 0 0 154931 4635000 35483 4599517 2010 0 0 1 1 0 0 0 0 0.00000 0.00000 0.00000 0 1 1 0 0 0 0 SCHEDULE K, PART IV: THE BOND IS CURRENTLY A FIXED RATE BUT WILL BECOME VARIABLE RATE IN 2016. FORM 990, PART VI, SECTION A, LINE 4 THE BY-LAWS AND ARTICLES OF INCORPORATION WERE AMENDED TO REFLECT THE CHANGE IN THE MEMBER OF THE ORGANIZATION FROM THE HOLY FAMILY CONVENT OF THE FRANCISCAN SISTERS OF CHRISTIAN CHARITY, INC. TO THE FRANCISCAN SISTERS OF CHRISTIAN CHARITY SPONSORED MINISTRIES, INC. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THIS CORPORATION IS THE FRANCISCAN SISTERS OF CHRISTIAN CHARITY SPONSORED MINISTRIES, INC. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER IS AUTHORIZED TO APPOINT TO AND REMOVE MEMBERS FROM THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBER RESERVES THE RIGHT TO APPROVE THE INTRODUCTION OR TERMINATION OF VALUE SENSITIVE PROGRAMS AND TO ESTABLISH MONITORING MECHANISMS TO ENSURE PROGRAMS ARE CONSISTENT WITH THE TRADITIONS, SPIRIT, AND CHARISM OF THE FRANCISCAN SISTERS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE VICE PRESIDENT OF FINANCE, THE ADMINISTRATION, AND THE CONTROLLER. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. THE BOARD CHAIR REVIEWS AND MONITORS FOR POTENTIAL CONFLICTS. IF A CONFLICT ARISES, THE BOARD MEMBER ABSTAINS FROM VOTING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS NOT AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -205,694. FORM 990 PART XII, LINE 2C: THERE WAS NO CHANGE IN OVERSIGHT PROCESS OR SELECTION FOR THE CURRENT YEAR HOWEVER A NEW AUDITOR WAS SELECTED. THE FRANCISCAN SISTERS OF CHRISTIAN CHARITY SPONSORED MINISTRIES INC 1415 SOUTH RAPIDS ROAD MANITOWOC WI 54220 391530622 RELIGIOUS WI 501(C)(3) LINE 1 HOLY FAMILY CONVENT OF THE FRANCISCAN SISTERS OF CHRISTIAN CHARITY INC 1 0 0 1 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 THE FRANCISCAN SISTERS OF CHRISTIAN CHARITY SPONSORED MINISTRIES INC L 546726 ACTUAL COST THE FRANCISCAN SISTERS OF CHRISTIAN CHARITY SPONSORED MINISTRIES INC C 5235384 CASH