2011-01-26T16:00:05-06:00 2010-06-30 CROWE HORWATH LLP 70 West Madison Street Suite 700 Chicago IL 606024903 990 2009-07-01 362181973 ROSALIND FRANKLIN UNIVERSITY OF MEDICINE AND SCIENCE ROSA 8475783000 3333 GREEN BAY ROAD NORTH CHICAGO IL 600643095 ROBERTA LANE 2011-01-26 true 3128997000 2009 2016-02-24 21:20:13Z DR K MICHAEL WELCH 3333 GREEN BAY ROAD NORTH CHICAGO IL 600643095 116559493 false X WWW.ROSALINDFRANKLIN.EDU X 1911 IL THE MISSION OF ROSALIND FRANKLIN UNIVERSITY IS TO SERVE THE NATION THROUGH THE EDUCATION OF HEALTH PROFESSIONALS AND THE DISCOVERY OF KNOWLEDGE DEDICATED TO IMPROVING THE HEALTH OF ITS PEOPLE. 19 16 971 16 2791442 39683087 13852495 56545547 64633403 -10629526 1606792 399802 322879 85998910 80415569 3845824 3935604 0 0 48807289 48029224 76740 77594 550802 29549707 27935467 82279560 79977889 3719350 437680 186291745 185144402 102613543 105072181 83678202 80072221 ROSALIND FRANKLIN UNIVERSITY OF MEDICINE AND SCIENCE (RFUMS) IS A PRIVATE RESEARCH UNIVERSITY WITH APPROXIMATELY 1,900 STUDENTS ENROLLED IN FOUR COLLEGES ON A CAMPUS LOCATED IN NORTH CHICAGO, ILLINOIS. FOUNDED IN 1911, RFUMS BEGAN AS THE CHICAGO MEDICAL SCHOOL (CONTINUED ON SCHEDULE O) false false 45282764 3935604 58971416 INSTRUCTION - THE PRIMARY PURPOSE OF THE UNIVERSITY IS TO EDUCATE AND TRAIN MEDICAL AND OTHER HEALTHCARE PROFESSION STUDENTS. IN 2009, RFUMS TRAINED APPROXIMATELY 1900 STUDENTS IN THREE OF ITS FOUR COLLEGES. THE CHICAGO MEDICAL SCHOOL HAD 761 ENROLLED AND ACTIVE STUDENTS. THE COLLEGE OF HEALTH PROFESSIONS HAD 687 STUDENTS ENROLLED IN TEN PROGRAMS. THE SCHOLL COLLEGE OF PODIATRIC MEDICINE HAD 382 STUDENTS AND THE SCHOOL OF GRADUATE AND POST-DOCTORATE STUDIES HAD 44 STUDENTS. IN THE 4TH QUARTER OF THE FISCAL YEAR, RFUMS LAUNCHED A FOURTH COLLEGE- THE COLLEGE OF PHARMACY. THE FIRST CLASS OF STUDENTS IS EXPECTED TO BEGIN IN 2011. 3545016 0 570917 PATIENT CARE - THE UNIVERSITY UTILIZES EXISTING LABORATORY FACILITIES AND PERSONNEL TO PROCESS GENERAL LAB TESTS AND SPECIALIZED LAB TESTS FOR REPRODUCTIVE IMMUNOLOGY. SPECIMENS COME THROUGH THE ROSALIND FRANKLIN UNIVERSITY HEALTH SYSTEM AND VARIOUS UNRELATED HEALTH SYSTEMS AND DIAGNOSIS CENTERS. THE ANNUAL TESTING VOLUME AVERAGES APPROXIMATELY 68,000. THE SCHOLL FOOT & ANKLE CENTER AT THE ROSALIND FRANKLIN UNIVERSITY HEALTH SYSTEM (RFUHS) IS A FULLY FUNCTIONING PODIATRY CLINIC THAT ALSO SERVES AS A TRAINING FACILITY FOR STUDENTS FROM THE DR. WILLIAM M. SCHOLL COLLEGE OF PODIATRIC MEDICINE. SECOND- AND THIRD-YEAR PODIATRY STUDENTS COMPLETE REQUIRED CLERKSHIPS AT THE SCHOLL FOOT & ANKLE CENTER, DURING WHICH TIME THE STUDENTS PARTICIPATE IN DIRECT PATIENT CARE AND DEVELOP PROFICIENCY IN THE ASSESSMENT, DIAGNOSIS AND TREATMENT OF PODIATRIC MALADIES. ALL STUDENTS ARE SUPERVISED IN THE CLINIC BY LICENSED PODIATRIC PHYSICIANS FROM SCHOLL COLLEGE OF PODIATRIC MEDICINE. 11732875 0 0 RESEARCH - A CORE COMPONENT OF THE UNIVERSITY'S MISSION IS THE DISCOVERY OF KNOWLEDGE DEDICATED TO IMPROVING THE HEALTH OF THE NATION'S PEOPLE. IN ADDITION TO INSTRUCTION, MANY OF THE UNIVERSITY FACULTY ENGAGES IN UNIVERSITY-FUNDED AND EXTERNALLY FUNDED RESEARCH PROJECTS. PRIMARY AREAS OF RESEARCH FOCUS INCLUDE: STRUCTURAL BIOLOGY/ BIOCHEMISTRY, NEUROSCIENCES AND CANCER/CELL/DEVELOPMENT BIOLOGY. EXTERNAL FUNDING COMES FROM THE NATIONAL INSTITUTE OF HEALTH AND ORGANIZATIONS SUCH AS THE AMERICAN DIABETES ASSOCIATION, THE AMERICAN CANCER SOCIETY AND THE AMERICAN HEART ASSOCIATION. 5057973 0 2780716 65618628 true true false true false false false false true true false true true false true false false true false false false false true true true false false false false false false false false true false false false false false false true true false false true 93 0 true 971 true true true false false false false false false false false 19 16 false false false false false false false true true false false true true true true true true true true false X X ROBERTA LANE 8475783000 3333 GREEN BAY ROAD NORTH CHICAGO IL 600643095 RUTH ROTHSTEIN 1 X X 0 0 0 DR K MICHAEL WELCH 40 X X 622721 0 187964 MICHAEL HRILJAC 1 X 0 0 0 THOMAS G MOORE PHARMD 1 X 0 0 0 FRANK H MYNARD 1 X 0 0 0 MICHAEL C FOLTZ JD CPA CFP 1 X 0 0 0 DAVID LEACH 1 X 0 0 0 CHERYL KRAFF-COOPER 1 X 0 0 0 PAMELA SCHOLL 1 X 0 0 0 ANNE-MARIE ST GERMAINE 1 X 0 0 0 WILFRED J LUCAS 1 X 0 0 0 BURTON GARFINKEL 1 X 0 0 0 VELMA BUTLER 1 X 0 0 0 MATTHEW HARRIS 1 X 0 0 0 GAIL WARDEN 1 X 0 0 0 ROSALIND FRANKLIN JEKOWSKY 1 X 0 0 0 RONALD S KAPLAN PHD 40 X 212634 0 46271 JOAN CUMMINGS 1 X 0 0 0 KATHLEEN STONE 1 X 0 0 0 ARTHUR ROSS 40 X 493305 0 45990 TIMOTHY HANSEN 40 X 190223 0 32903 WENDY RHEAULT 40 X 282720 0 31734 GLORIA MEREDITH 40 X 194220 0 35831 ROBERTA LANE 40 X 205481 0 35125 TERENCE B ALBRIGHT 40 X 253356 0 37660 MARGOT A SURRIDGE 30 X 288059 0 32739 MICHAEL P SARRAS 40 X 264580 0 41108 PATRICIA BERGESON 40 X 246526 0 40118 ROBERT BRIDGES 40 X 253131 0 39760 ERIC GALL 40 X 312492 0 40160 ARTHUR SCHNEIDER 40 X 252394 0 38041 BALA CHANDRAN 40 X 257553 0 38969 NANCY GARN 0 X 297445 0 0 4626840 0 724373 87 true true false HARVARD MAINTENANCE 570 SEVENTH AVE NEW YORK NY 10018 JANITORIAL SERVICES 830840 DATATEL INC 4375 FAIR LAKES COURT FAIRFAX VA 22033 EPS MAINTENANCE 331660 LEGAT ARCHITECTS 37999 EAGLE WAY CHICAGO IL 60678 ARCHITECT SERVICES 317636 BALANCED ENVIRONMENTS 17950 WEST ROUTE 173 OLD MILL CREEK IL 60083 LANDSCAPING SERVICES 235764 CROWE HORWATH LLP 70 WEST MADISON STREET CHICAGO IL 60602 AUDIT & TAX SERVICES 163870 11 0 0 0 0 11547665 2304830 0 13852495 TUITION & FEES 58971416 58971416 0 0 STUDENT HOUSING REVENUE 2288275 2288275 0 0 PATIENT CARE 3362359 570917 2791442 0 BOOKSTORE RENTAL INCOME 11353 11353 0 0 0 0 0 0 0 0 0 0 64633403 1013895 158209 0 855686 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 36736821 0 36143924 0 592897 0 592897 0 0 592897 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TRANSCRIPT, PLACEMENT & REGISTRATION FEES 65270 65270 0 0 SCHOLL SPECIAL PROGRAM INCOME 46523 46523 0 0 OTHER INCOME 211086 211086 0 0 0 0 0 0 322879 80415569 62323049 2791442 1448583 0 0 3935604 3935604 0 0 0 0 4644864 3136131 1508733 0 367531 320292 47239 0 33555390 28729698 4535934 289758 2906072 2504336 377217 24519 3963684 3372845 554056 36783 2591683 2194930 377021 19732 0 0 0 0 570952 0 570952 0 194500 0 194500 0 33000 0 33000 0 77594 77594 72147 0 72147 0 4928202 4436080 462592 29530 183228 36407 146751 70 5825734 4923276 871198 31260 0 0 0 0 0 0 0 0 2600732 2404010 196722 0 675687 529195 132672 13820 0 0 0 0 143630 132539 9464 1627 1991999 1645632 346367 0 0 0 0 0 6154704 5064160 1090544 0 713144 18889 694255 0 EQUIPMENT AND MAINTENANCE 1757512 387222 1359225 11065 LIBRARY PERIODICALS AND BOOKS 866630 866630 0 0 BOND FEES 627362 516005 111357 0 MEMBERSHIP DUES 302290 268864 27026 6400 CHARITABLE ANNUITY EXPENSES 8166 0 0 8166 285848 195883 89487 478 79977889 65618628 13808459 550802 0 0 0 0 487199 7289782 37070658 3802599 330599 294207 2997199 2361422 0 0 0 0 14182209 13482993 0 0 1270388 1388448 166415211 66024835 104078192 100390376 4276763 31288172 14601184 15785523 0 0 0 0 6997354 9060880 186291745 185144402 8402741 7949683 0 0 4253911 4612274 52940000 51670000 0 0 0 0 0 0 0 0 37016891 40840224 102613543 105072181 X 74000120 69610633 5253596 4981071 4424486 5480517 0 0 0 0 0 0 83678202 80072221 186291745 185144402 X false true true X true true X 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 33000 false false 33000 false 52025055 796371 1579437 143790 3380779 0 50876294 75676972 478737 -22446013 618184 1086457 0 52005055 0.888 0.1077 0.0043 false false 0 16286288 16286288 0 116537127 43965637 72571490 0 0 0 0 0 30991796 21929198 9062598 0 2600000 130000 2470000 100390376 15785523 0 15785523 DEFERRED COMPENSATION 818762 FEDERAL EQUITY IN STUDENT LOAN PROGRAMS 13563178 DERIVATIVE INSTUMENT 7841338 POSTRETIREMENT HEALTHCARE BENEFITS 18616946 40840224 Intended uses of endowment funds Schedule D, Part V, Line 4 THE UNIVERSITY'S ENDOWMENT IS COMPRISED OF BOTH DONOR-RESTRICTED AND BOARD-DESIGNATED FUNDS. THE INVESTMENT COMMITTEE OF THE BOARD OF TRUSTEES PROVIDES OVERSIGHT OVER THE INVESTMENT OF THOSE ENDOWMENT FUNDS BY ESTABLISHING POLICIES AND PROCEDURES CONCERNING THE MANAGEMENT OF ENDOWMENT FUNDS. INVESTMENT IS CONSISTENT WITH THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUND ACT (UPMIFA). RFUMS HAS ADOPTED A TOTAL RETURN SPENDING POLICY, WHICH ALLOCATES AN AMOUNT ANNUALLY TO BE UTILIZED ACCORDING TO DONOR RESTRICTIONS OR FOR ADVANCING THE UNIVERSITY'S MISSION IN UNFUNDED AREAS. THE MAJORITY OF DONOR-RESTRICTED FUNDS PROVIDE SCHOLARSHIPS AND STUDENT AID. FUNDS GENERATED BY BOARD-DESIGNATED FUNDS ARE USED TO SUPPORT STRATEGIC INITIATIVES. FIN 48 footnote Schedule D, Part X, Line 2 THE UNIVERSITY HAS RECEIVED A FAVORABLE LETTER OF DETERMINATION FROM THE INTERNAL REVENUE SERVICE CONCERNING ITS TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. NO PROVISION HAS BEEN MADE FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS, AS THE UNIVERSITY HAS HAD NO SIGNIFICANT UNRELATED BUSINESS INCOME. THE ADOPTION OF THIS GUIDANCE HAD NO EFFECT ON THE UNIVERSITY'S FINANCIAL POSITION. IF THE UNIVERSITY INCURS INTEREST AND PENALTIES, THE UNIVERSITY RECOGNIZES INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE UNIVERSITY HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES AS OF JUNE 30, 2010. THE UNIVERSITY HAS NOT BEEN EXAMINED BY ANY TAX JURISDICTION. THE UNIVERSITY HAS NO ON-GOING FEDERAL, STATE OR LOCAL TAX AUDITS, HOWEVER, THE UNIVERSITY'S TAX RETURNS FOR 2007 AND SUBSEQUENT YEARS ARE OPEN TO EXAMINATION. THE UNIVERSITY DOES NOT EXPECT ANY CHANGES IN UNCERTAIN TAX POSITIONS IN THE NEXT 12 MONTHS. true true true ANNOUNCEMENTS INDICATE THAT THE UNIVERSITY IS OPEN TO EVERYONE REGARDLESS OF RACE, GENDER, COLOR, OR CREED. true true true true false false false false false false false false false true MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES COLLABORATION ABROAD 1990 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES CONFERENCES AND MEETINGS ABROAD 30224 NORTH AMERICA (CANADA & MEXICO ONLY) 0 0 PROGRAM SERVICES CONFERENCES AND MEETINGS ABROAD 4700 0 0 36914 X X X X X X true IDM PHONE SOLICITING false 77594 77594 true TUITION WAIVERS 830 2730234 0 N/A N/A PRIVATE SCHOLARSHIPS 67 720453 0 N/A N/A FEDERAL SCHOLARSHIPS 1 13076 0 N/A N/A DEPT. OF DEFENSE SCHOLARSHIPS 13 471841 0 N/A N/A Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 GRANTS AND SCHOLARSHIPS ARE AWARDED TO STUDENTS VIA A DIRECT REDUCTION IN THEIR BILLED TUITION FOR THE TERM UNDER WHICH THE GRANT OR SCHOLARSHIP APPLIES. THE USE OF THESE GRANTS AND SCHOLARSHIPS IS LIMITED IN THAT MONIES CAN ONLY BE APPLIED TO TUITION COSTS RELATED TO THE SPECIFIC RFUMS PROGRAM A RECIPIENT IS ENROLLED IN. X X true true X X X true true false false false false false false false NANCY GARN 0 0 0 0 297445 0 0 0 0 0 297445 0 0 0 ARTHUR ROSS 493170 0 0 0 135 0 24500 0 21490 0 539295 0 0 0 DR K MICHAEL WELCH 580971 0 0 0 41750 0 174500 0 13464 0 810685 0 0 0 PATRICIA BERGESON 246526 0 0 0 0 0 24500 0 15618 0 286644 0 0 0 TIMOTHY HANSEN 190223 0 0 0 0 0 19362 0 13541 0 223126 0 0 0 WENDY RHEAULT 282720 0 0 0 0 0 24500 0 7234 0 314454 0 0 0 GLORIA MEREDITH 194220 0 0 0 0 0 20052 0 15779 0 230051 0 0 0 ROBERT BRIDGES 253131 0 0 0 0 0 24500 0 15260 0 292891 0 0 0 ERIC GALL 312492 0 0 0 0 0 24500 0 15660 0 352652 0 0 0 ARTHUR SCHNEIDER 252394 0 0 0 0 0 24500 0 13541 0 290435 0 0 0 ROBERTA LANE 205481 0 0 0 0 0 17769 0 17356 0 240606 0 0 0 TERENCE B ALBRIGHT 253356 0 0 0 0 0 24500 0 13160 0 291016 0 0 0 BALA CHANDRAN 257553 0 0 0 0 0 24500 0 14469 0 296522 0 0 0 MARGOT A SURRIDGE 288059 0 0 0 0 0 24500 0 8239 0 320798 0 0 0 RONALD S KAPLAN PHD 212634 0 0 0 0 0 22289 0 23982 0 258905 0 0 0 MICHAEL P SARRAS 264580 0 0 0 0 0 24500 0 16608 0 305688 0 0 0 Travel for companions Schedule J, Part I, Line 1a RFUMS ALLOWED COMPANION TRAVEL FOR DR. ARTHUR ROSS, DEAN. THE COST ASSOCIATED WITH THIS BENEFIT WAS TREATED AS TAXABLE COMPENSATION AND ACCORDINGLY HAS BEEN INCLUDED IN W-2 WAGES. Housing allowance or residence for personal use Schedule J, Part I, Line 1a RFUMS PROVIDES HOUSING FOR ITS PRESIDENT, DR. K. MICHAEL WELCH. THE COST ASSOCIATED WITH THIS BENEFIT WAS TREATED AS TAXABLE COMPENSATION AND ACCORDINGLY HAS BEEN INCLUDED IN W-2 WAGES. Severance or change-of-control payment Schedule J, Part I, Line 4a NANCY GARN - $297,445 SEVERANCE PAYMENT Supplemental nonqualified retirement plan Schedule J, Part I, Line 4b DR. K. MICHAEL WELCH - $150,000.00 ILLINOIS HEALTH FACILITIES AUTHORITY 861091967 S86461950 2003-02-03 57500000 EDU FACILITIES AND RENOVATIONS false false 57500000 0 30028438 0 2360677 0 25110885 2006 false false true true false false false false 0.000 0.000 0.000 true true true false 0.0 false 0.0 false false JONATHAN ROTHSTEIN SON OF BOARD OF DIRECTORS CHAIR 28618 PROVIDED CONSULTING SERVICES TO RFUMS false SCOTT SURRIDGE SON OF VP AND COO 47239 EMPLOYEE OF THE UNIVERSITY false JUNE MAYOR WIFE OF BOARD OF DIRECTORS TRUSTEE 61387 EMPLOYEE OF THE UNIVERSITY false Review of form 990 by governing body Form 990, Part VI, Section B, Line 11A THE ORGANIZATION'S CHIEF FINANCIAL OFFICER CONDUCTS A DETAILED REVIEW OF THE FORM 990 IN CONJUNCTION WITH RFUMS' OUTSIDE INDEPENDENT TAX PREPARER. A FORMAL REVIEW OF THE FULL FORM 990 IS THEN CONDUCTED BY THE ORGANIZATION'S OFFICERS, MEMBERS OF MANAGEMENT AND THE INDEPENDENT EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. SUBSEQUENT TO THIS REVIEW, A COPY OF THE FULL FORM 990 IS DISTRIBUTED TO EACH VOTING MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. Conflict of interest policy Form 990, Part VI, Section B, Line 12c RFUMS HAS WRITTEN CONFLICT OF INTEREST POLICIES FOR MEMBERS OF THE BOARD OF TRUSTEES AND OFFICERS OF THE CORPORATION. IN ADDITION, CONFLICT OF INTEREST POLICIES AND DISCLOSURE REQUIREMENTS COVER SENIOR ADMINISTRATION AND FACULTY, AND ALL INVESTIGATORS ENGAGED IN UNIVERSITY-SPONSORED OR EXTERNALLY FUNDED RESEARCH. ON AN ANNUAL BASIS, MEMBERS OF THE GROUPS NOTED ARE REQUIRED TO DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO ANY CONFLICTS AND PROVIDE A LIST OF ANY POTENTIAL AND ACTUAL CONFLICTS. BOARD OF TRUSTEES AND OFFICER DISCLOSURE DOCUMENTS ARE MONITORED BY THE EXECUTIVE COMMITTEE OF THE BOARD. ALL OTHERS ARE MONITORED BY THE UNIVERSITY CHIEF COMPLIANCE OFFICER. A TRUSTEE MAY NOT PARTICIPATE IN OR BE PRESENT DURING DELIBERATIONS REGARDING ANY MATTER WHERE THERE IS AN ACTUAL OR PERCEIVED CONFLICT OF INTEREST. THE REMAINING TRUSTEES DETERMINE THE PROPER COURSE OF ACTION. MINUTES OF THE MEETING REFLECT BOTH THE NAME OF AND THE NATURE OF THE CONFLICT. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a THE TOTAL COMPENSATION PACKAGE OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IS ESTABLISHED, APPROVED AND REVIEWED EACH YEAR BY THE ORGANIZATION'S INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES AND REPORTED TO THE FULL BOARD OF TRUSTEES. THE ORGANIZATIONAL COMPENSATION PHILOSOPHY IS TO COMPENSATE TOP MANAGEMENT AT THE 75TH PERCENTILE OR BELOW THE MARKET. TO ENSURE THAT COMPENSATION IS BOTH REASONABLE AND COMPETITIVE, THE BOARD RETAINS THE SERVICES OF AN OUTSIDE INDEPENDENT CONSULTING FIRM WITH EXPERTISE IN ACADEMIC HEALTHCARE. THE INDEPENDENT CONSULTANT CONDUCTS AN ANNUAL MARKET SURVEY THAT PROVIDES THE BOARD WITH COMPARABILITY DATA FOR COMPENSATION FOR SIMILARLY QUALIFIED PERSONS AT SIMILAR ORGANIZATIONS. THE DECISIONS AND DELIBERATIONS REGARDING THE REVIEW AND APPROVAL OF THE TOP MANAGEMENT OFFICIAL'S COMPENSATION ARE DOCUMENTED IN THE BOARD MINUTES. THIS PROCESS WAS LAST UNDERTAKEN FOR THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IN NOVEMBER OF 2009. Process used to establish compensation of other officers/key employees Form 990, Part VI, Section B, Line 15b THE ORGANIZATIONAL COMPENSATION PHILOSOPHY IS TO COMPENSATE TOP MANAGEMENT AT THE 75TH PERCENTILE OR BELOW THE MARKET. TO ENSURE THAT COMPENSATION IS BOTH REASONABLE AND COMPETITIVE, THE BOARD OF TRUSTEES RETAINS THE SERVICES OF AN OUTSIDE INDEPENDENT CONSULTING FIRM TO PROVIDE IT WITH COMPARABILITY DATA. ON AN ANNUAL BASIS, THE OUTSIDE CONSULTANT CONDUCTS A MARKET SURVEY OF TOP MANAGEMENT AND KEY LEADERSHIP POSITIONS AGAINST SIMILARLY QUALIFIED PERSONS AT LIKE ORGANIZATIONS. THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE SALARIES OF TOP MANAGEMENT COMPARED TO THE 75TH PERCENTILE OR BELOW THE MARKET ON AN ANNUAL BASIS. THIS PROCESS WAS LAST UNDERTAKEN IN NOVEMBER 2009 AND IS DOCUMENTED IN THE COMMITTEE MINUTES. Public Disclosure 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 ON ITS WEBSITE AND WILL, UPON REQUEST, PROVIDE PAPER COPIES. OTHER PROGRAM SERVICES: FORM 990, PART III, LINE 4D PROGRAM SERVICE REVENUE FROM INTEREST ON STUDENT LOANS AND PENALTIES, STUDENT HOUSING REVENUE AND OTHER PROGRAM SERVICES. COMPENSATION OF OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES: SCHEDULE J-2, PART I DR. KAPLAN IS NOT COMPENSATED BY RFUMS IN HIS CAPACITY AS A BOARD MEMBER, BUT HE DOES RECEIVE COMPENSATION IN HIS CAPACITY AS A FACULTY MEMBER OF THE UNIVERSITY. MARGOT A. SURRIDGE, EXEC. VP & COO, DEVOTES APPROXIMATELY 10 HRS A WEEK TO ROSALIND FRANKLIN UNIVERSITY HEALTH SYSTEM, A RELATED TAX-EXEMPT ORGANIZATION. MISSION STATEMENT CONTINUED FORM 990, PART III AND HAS GROWN TO INCLUDE THE DR. WILLIAM M. SCHOLL COLLEGE OF PODIATRIC MEDICINE, THE COLLEGE OF HEALTH PROFESSIONS AND THE COLLEGE OF PHARMACY. THE MISSION OF RFUMS IS TO SERVE THE NATION THROUGH THE EDUCATION OF HEALTH AND BIOMEDICAL PROFESSIONALS AND THE DISCOVERY OF KNOWLEDGE DEDICATED TO IMPROVING THE HEALTH OF ITS PEOPLE. THE UNIVERSITY'S MISSION IS UNIQUELY ACCOMPLISHED WITH A FOCUS ON INTERPROFESSIONAL EDUCATION, COMMUNITY SERVICE AND RESEARCH. OTHER FEES FOR SERVICES FORM 990, PART IX, LINE 11G THE AMOUNT REPORTED ON FORM 990, PART IX, LINE 11G CONSISTS PRIMARILY OF THE COST ASSOCIATED WITH THE PLACEMENT OF THE UNIVERSITY'S STUDENTS IN TRAINING PROGRAMS AT HOSPITALS IN THE SURROUNDING AREA. ROSALIND FRANKLIN UNIVERSITY HEALTH SYSTEM 3333 GREEN BAY ROAD NORTH CHICAGO IL 60064 770691998 HEALTH CARE IL 501(C)(3) 11 - Type I RFUMS false false false true false false false false false false true false true true true false true true ROSALIND FRANKLIN UNIVERSITY HEALTH SYSTEM D 5148071