2011-04-11T17:24:39-05:00 2010-05-31 LARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2009-06-01 410695509 ST CATHERINE UNIVERSITY STCA 6516906566 2004 RANDOLPH AVENUE ST PAUL MN 551051794 THOMAS J ROONEY 6516906566 2011-04-11 1 6123764500 2009 2016-02-24 21:20:13Z ANDREA LEE 2004 RANDOLPH AVENUE ST PAUL MN 551051794 112231541 0 X WWW.STKATE.EDU X 1913 MN TO EDUCATE STUDENTS TO LEAD AND INFLUENCE. 36 32 2301 0 134993 -31408 6910362 7809275 83737825 89727413 -2360852 4898193 967863 650773 89255198 103085654 17470494 21006510 0 49950260 49302198 64690 37613 1848944 28545783 29360766 96031227 99707087 -6776029 3378567 197717203 210327026 83908703 83353715 113808500 126973311 ST. CATHERINE UNIVERSITY EDUCATES STUDENTS TO LEAD AND INFLUENCE. WITH A BACCALAUREATE UNIVERSITY FOR WOMEN AT ITS HEART AND GRADUATE AND ASSOCIATE PROGRAMS FOR WOMEN AND MEN, THE UNIVERSITY INTEGRATES LIBERAL ARTS AND PROFESSIONAL EDUCATION WITHIN THE CATHOLIC TRADITION. 0 0 62353894 21006510 78014372 See Schedule O.ST. CATHERINE UNIVERSITY IS THE ONLY PRIVATE INSTITUTION IN MINNESOTA TO CONFER DEGREES AT THE ASSOCIATE, BACCALAUREATE, MASTER'S AND DOCTORAL LEVELS. TOTAL ENROLLMENT ON BOTH CAMPUSES, IN ST. PAUL AND MINNEAPOLIS, IS NEARLY 5,300 STUDENTS - 95.6 PERCENT WOMEN AND 21.2 PERCENT MULTICULTURAL OR INTERNATIONAL. DURING THE 2009-2010 ACADEMIC YEAR, ST. CATHERINE UNIVERSITY AWARDED 23 UNDERGRADUATE CERTIFICATES, 209 ASSOCIATE DEGREES, 523 BACCALAUREATE DEGREES, 132 POST-BACCALAUREATE CERTIFICATES, 416 MASTER'S DEGREES, AND 45 DOCTORATE DEGREES. OUR REPUTATION FOR ACADEMIC EXCELLENCE AND OUR NATIONALLY RECOGNIZED PROGRAMS HAVE ALSO PLACED US AMONG THE TOP TIERS OF CATHOLIC AND MASTER'S UNIVERSITIES NATIONWIDE. ST. CATHERINE'S PROFESSORS RANKED AMONG THE TOP 5 PERCENT NATIONALLY FOR THEIR COMMITMENT TO UNDERGRADUATE TEACHING IN U.S. NEWS & WORLD REPORT'S "BEST COLLEGES" ISSUE IN 2010. THE UNIVERSITY WAS RANKED FIRST IN TWO CATEGORIES, "ECONOMIC DIVERSITY AMONG TOP- RANKED SCHOOLS" AND "AVERAGE AMOUNT OF NEED-BASED AID AWARDED." IN ADDITION, ST. CATHERINE UNIVERSITY MERITED FOUR RANKINGS IN U.S. NEWS & WORLD REPORT'S NATIONAL SURVEY OF "AMERICA'S BEST GRADUATE SCHOOLS." 12468235 0 11072381 See Schedule O.ST. CATHERINE UNIVERSITY IS, AT HEART, A COMMUNITY - ONE THAT RECOGNIZES STUDENTS, FACULTY AND STAFF MEMBERS AS WHOLE HUMAN BEINGS WHO HAVE PRACTICAL AS WELL AS INTELLECTUAL NEEDS. OUR AUXILIARY SERVICES CONTRIBUTE TO THE OVERALL QUALITY OF LIFE ON THE 110-ACRE ST. PAUL CAMPUS AND THE SMALLER, MORE URBAN CAMPUS IN MINNEAPOLIS.AUXILIARY SERVICES IS THE PARENT DEPARTMENT OF A DIVERSE GROUP OF INTERNAL UNITS, INCLUDING RESIDENCE HALLS AND APARTMENTS, CAMPUS MAIL, DINING AND CATERING, BOOKSTORES ON BOTH CAMPUSES, AND MEETING AND EVENTS SERVICES. DURING THE 2009-2010 ACADEMIC YEAR, 79 PERCENT OF FIRST-YEAR STUDENTS LIVED ON CAMPUS, AND STUDENTS PURCHASED OVER 1,700 MEAL PLANS.OUR FACILITIES CREW ENSURES THAT CAMPUS BUILDINGS AND GROUNDS ARE WELL MAINTAINED AND AESTHETICALLY PLEASING. SODEXO, THE FOOD SERVICE PROVIDER, UNDERSCORES THE VALUES OF ST. CATHERINE UNIVERSITY WITH ITS EMPHASIS ON NUTRITION, SAFE AND FAIR WORKING CONDITIONS, RECYCLING AND PROTECTING THE ENVIRONMENT. 11739957 0 715549 See Schedule O.ST. CATHERINE UNIVERSITY HELPS STUDENTS ACHIEVE THEIR BEST BY OFFERING SMALL CLASSES, COMMITTED FACULTY MEMBERS, AND AN ARRAY OF ACADEMIC AND PERSONAL SUPPORT SERVICES. THESE SERVICES INCLUDE ACADEMIC ADVISING, FINANCIAL AID AND CAREER COUNSELING, AN INTERCAMPUS SHUTTLE THAT LINKS ST. CATHERINE UNIVERSITY WITH FOUR NEIGHBORING CAMPUSES IN THE TWIN CITIES, A HEALTH AND WELLNESS CENTER, A CAMPUS MINISTRY PROGRAM AND ACCOMMODATIONS FOR STUDENTS WITH DISABILITIES. ALL OF OUR SERVICES COMBINE TO MAKE THE ST. KATE'S EXPERIENCE ONE THAT NURTURES STUDENTS IN MIND, BODY AND SPIRIT.IN ADDITION, ST. CATHERINE HAS PROGRAMS THAT CATER TO SPECIFIC STUDENT POPULATIONS. FOR EXAMPLE, THE MULTICULTURAL CENTER ON THE MINNEAPOLIS AND ST. PAUL CAMPUSES - PART OF THE OFFICE OF MULTICULTURAL AND INTERNATIONAL PROGRAMS AND SERVICES - PROVIDES ADVISING, ADVOCACY AND REFERRALS FOR STUDENTS OF COLOR. THE ACCESS AND SUCCESS PROGRAM HELPS STUDENT PARENTS BALANCE SCHOOL, FINANCES AND FAMILY LIFE, INCLUDING HELPING THEM TO FIND AFFORDABLE HOUSING AND REPUTABLE CHILDCARE. 86562086 1 1 0 0 0 0 0 0 1 1 1 0 1 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 1 0 0 1 1 1 0 0 0 1 0 0 0 1 160 0 1 2301 1 1 1 0 0 0 0 0 0 0 0 36 32 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 MN X X THOMAS J ROONEY 6516906044 2004 RANDOLPH AVENUE ST PAUL MN 55105 ANDREA J LEE IHM 40.00 X X 0 0 27561 MARK CHRONISTER 2.00 X X 0 0 0 KAREN RAUENHORST 2.00 X X 0 0 0 JEAN WINCEK CSJ 2.00 X X 0 0 0 MARIALICE HARWOOD 2.00 X X 0 0 0 MAUREEN HOOLEY BAUSCH 2.00 X 0 0 0 REBECCA BERGMAN 2.00 X 0 0 0 WILLIAM BRITT 2.00 X 0 0 0 BARBARA DREHER CSJ 2.00 X 0 0 0 KATHERINE EGAN CSJ 2.00 X 0 0 0 MOST REV HARRY J FLYNN 2.00 X 0 0 0 MARGARET FORD 2.00 X 0 0 0 ROSEANN GIGUERE CSJ 2.00 X 0 0 0 MARGARET GILLESPIE CSJ 2.00 X 0 0 0 MARY HEINEN CSJ 2.00 X 0 0 0 HARRIET HENTGES 2.00 X 0 0 0 KAREN HILGERS 2.00 X 0 0 0 YVONNE HOULE-GILLARD 2.00 X 0 0 0 CAROLE HOWE 2.00 X 0 0 0 MARGARET KVASNICKA CSJ 2.00 X 0 0 0 JOAN MITCHELL CSJ 2.00 X 0 0 0 SUSAN SCHMID MORRISON 2.00 X 0 0 0 JOANNE JIRIK MULLEN 2.00 X 0 0 0 JEAN DELANEY NELSON 2.00 X 0 0 0 MOST REV JOHN NIENSTEDT 2.00 X 0 0 0 MICHAEL O'BOYLE 2.00 X 0 0 0 COLLEEN O'MALLEY CSJ 2.00 X 0 0 0 ANNE OTTERSON 2.00 X 0 0 0 DAVID PAGE 2.00 X 0 0 0 ANN BUCKINGHAM RYAN 2.00 X 0 0 0 THERESE SHERLOCK CSJ 2.00 X 0 0 0 JOHN SPILLANE JR 2.00 X 0 0 0 TERESA STERNS 2.00 X 0 0 0 SANDRA VARGAS 2.00 X 0 0 0 PAMELA WHEELOCK 2.00 X 0 0 0 KATHLEEN WESTBY KASPRICK 2.00 X 0 0 0 CAROLYN PUCCIO CSJ 2.00 X 0 0 0 TAMMY L HUDDLE-MCGEE 40.00 X 140116 0 11572 STACY SCHWARZE JACOBSON 40.00 X 83486 0 17905 COLLEEN A HEGRANES 40.00 X 164288 0 21433 MARJORIE MATHISON HANCE 40.00 X 130803 0 18359 BRIAN J BRUESS 40.00 X 126283 0 11248 ALAN SILVA - DEAN SCHOOL OF 40.00 X 100751 0 13293 745727 0 121371 5 0 1 0 SODEXHO MARRIOTT SERVICES 2004 RANDOLPH AVENUE ST PAUL MN 55105 FOOD SERVICES MANAGEMENT 3281192 SANDRA NELSON ADVERTISING INC 430 FIRST AVE N STE 401 MINNEAPOLIS MN 55401 ADVERTISING 768193 LOFFLER MANAGEMENT SOLUTIONS 1101 EAST 78TH STREET BLOOMINGTON MN 55420 PRINTING & MAILING MANAGEMENT 499904 BRIGGS AND MORGAN PA PO BOX 64591 ST PAUL MN 55164 LEGAL SERVICES 319365 ROYALL & COMPANY 1920 EAST PARHAM ROAD RICHMOND VA 23228 ADMISSIONS CONSULTANT 308286 14 84345 1713996 6010934 377320 7809275 TUITION 611600 78014372 78014372 AUXILIARY SERVICES 532000 11072381 11072381 FEES & DEPOSITS 611600 304774 304774 FINANCE FEES 611600 260997 260997 FITNESS CENTER 531390 74889 74889 89727413 2710993 2710993 158602 48872 109730 109730 11232 98498 11284215 9097015 2187200 2187200 2187200 PARKING 611600 241911 241911 OTHER 900099 151769 151769 MEDICAL FEES 611600 147363 147363 541043 103085654 89652524 86121 5537734 314317 314317 20125319 20125319 566874 566874 662537 662537 38253264 33202566 3986461 1064237 2389198 2073745 248984 66469 5224679 4839259 239746 145674 2772520 2242399 453155 76966 7856536 7433494 414426 8616 223070 64173 158897 118210 35687 82523 37613 37613 269659 13840 255819 810380 497892 312488 7384589 4656381 2568572 159636 374649 56197 316643 1809 1754907 1407504 345851 1552 796822 669551 56753 70518 662019 330535 165491 165993 2729529 2702234 27295 3876143 3662955 174426 38762 393809 118559 275250 MISCELLANEOUS EXPENSE 1230096 732698 486868 10530 BAD DEBT EXPENSE 724772 699539 25233 REPAIRS & MAINTENANCE 155576 116368 38639 569 99707087 86562086 11296057 1848944 8010014 7322787 3619907 4057493 3081551 3245798 437008 429800 997378 887073 122863905 45743457 79275313 77120448 86505382 101810177 4502452 4769125 9379355 8775482 1908843 1908843 197717203 210327026 10500494 10970506 8010765 7797623 227437 411007 49645648 49091897 14027144 13617374 1497215 1465308 83908703 83353715 X 65792504 71193929 18406097 24759154 29609899 31020228 113808500 126973311 197717203 210327026 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37156443 1069732 8721998 1148915 931426 119324 44748508 47607745 804556 -8977846 1196801 967240 113971 37156443 0.12000 0.88000 0.00000 1 0 227196 227196 97075177 27331525 69743652 1996978 1730538 266440 21540095 16192046 5348049 2024459 489348 1535111 77120448 SPLIT INTEREST AGREEMENTS 525291 INTEREST RATE SWAP AGREEMENT 485044 FUNDS HELD FOR OTHERS 454973 1465308 103085654 99707087 3378567 9568069 218175 9786244 13164811 92451995 9568069 243381 9811450 82640545 193221 20251888 20445109 103085654 79310850 48872 48872 79261978 193221 20251888 20445109 99707087 Part V, Line 4: Description of Intended Use of Endowment Funds: ENDOWMENT FUNDS ARE USED FOR SCHOLARSHIPS, FACULTY AND STAFF DEVELOPMENT, AND APPROVED EXPENSES. Part XI, Line 8 - Other Adjustments: CHANGE IN FAIR VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS: 18904. UNREALIZED LOSS ON INTEREST RATE SWAP AGREEMENT: 23666. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS: 175605. Part XII, Line 2d - Other Adjustments: CHANGE IN FAIR VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS: 175605. CHANGE IN FAIR VALUE OF SPLIT INTEREST AGREEMENTS: 18904. RENTAL EXPENSES: 48872. Part XII, Line 4b - Other Adjustments: STUDENT FINANCIAL AID: 20251888. Part XIII, Line 2d - Other Adjustments: RENTAL EXPENSES: 48872. Part XIII, Line 4b - Other Adjustments: STUDENT FINANCIAL AID: 20251888. 1 1 1 THE NON-DISCRIMINATION POLICY IS INCLUDED IN THE COURSE CATALOG, ON THE UNIVERSITY'S WEBSITE AND IN ALL STUDENT POLICY DOCUMENTS (LE GUIDE). 1 1 1 1 0 0 0 0 0 0 0 0 1 0 THE UNIVERSITY RECEIVES FEDERAL AND STATE GRANTS FOR STUDENT FINANCIAL ASSISTANCE. 1 1 North America 0 0 program services STUDY ABROAD PROGRAMMING, EDUCATION RELATED PURCHASES 80766 Europe (Including Iceland & Greenland) 0 0 program services STUDY ABROAD PROGRAMMING, EDUCATION RELATED PURCHASES 32520 East Asia and the Pacific 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMMING, EDUCATION RELATED PURCHASES 3871 0 0 117157 SCHOLARSHIPS East Asia and the Pacific 8 82470 FINANCIAL AID AWARDS 0 N/A N/A SCHOLARSHIPS Europe (Including Iceland & Greenland) 7 179417 FINANCIAL AID AWARDS 0 N/A N/A SCHOLARSHIPS Middle East and North Africa 2 20199 FINANCIAL AID AWARDS 0 N/A N/A SCHOLARSHIPS Russia & the Newly Independent States 2 26558 FINANCIAL AID AWARDS 0 N/A N/A SCHOLARSHIPS South America 4 33620 FINANCIAL AID AWARDS 0 N/A N/A SCHOLARSHIPS South Asia 1 5340 FINANCIAL AID AWARDS 0 N/A N/A SCHOLARSHIPS Sub-Saharan Africa 14 197385 FINANCIAL AID AWARDS 0 N/A N/A SCHOLARSHIPS North America 2 21885 FINANCIAL AID AWARDS 0 N/A N/A Procedure for Monitoring Grants Outside the U.S.: Schedule F, Part I, Line 2: THE FINANCIAL AID OFFICE DETERMINES STUDENT ELIGIBILITY FOR ALL FINANCIAL AWARDS ACCORDING TO THE UNIVERSITY'S ESTABLISHED ELIGIBILITY CRITERIA AND REGULATIONS. X X X X X X 1 BLACKBAUD DATABASE ANALYSIS & CONSULTING 0 0 5381 -5381 ELIZABETH CHILD & COMPANY MAIL COMMUNICATION & DESIGN CNSLTNG 0 0 7491 -7491 TARGET ANALYTICS DATABASE ANALYSIS & CONSULTING 0 0 5750 -5750 18622 -18622 MN 1 ST CATHERINE UNIVERSITY ALUMNAE ASSOCIATION 2004 RANDOLPH AVENUE F-33 ST PAUL MN 55105 410797846 501(C)(3) 314317 0 N/A N/A ALUMNAE RELATIONS 1 0 SCHOLARSHIPS & OTHER FINANCIAL AID 3072 20102569 0 N/A N/A SCHOLARSHIPS & OTHER FINANCIAL AID TO INTERESTED PERSONS 1 22750 0 N/A N/A Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: THE FINANCIAL AID OFFICE DETERMINES STUDENT ELIGIBILITY FOR FEDERAL, STATE AND INSTITUTIONAL SCHOLARSHIPS ACCORDING TO THE UNIVERSITY'S ESTABLISHED ELIGIBILITY CRITERIA AND REGULATIONS. X 1 1 X X X 0 0 0 0 0 0 0 0 0 TAMMY L HUDDLE-MCGEE 140116 0 0 0 0 0 11170 0 402 0 151688 0 0 0 COLLEEN A HEGRANES 149091 0 0 0 15197 0 12157 0 9276 0 185721 0 0 0 Part I, Line 1a THE UNIVERSITY PROVIDES UNIVERSITY-OWNED HOUSING FOR THE PRESIDENT. THE UNIVERSITY PAYS FOR THE REPAIR AND MAINTENANCE OF ITS ASSETS, WHICH IN THE REPORTING YEAR COST $33,200. SARAH NELSON FAMILY MEMBER OF BOARD MEMBER, JEAN DELANEY NELSON SCHOLARSHIPS Amount $ 22750. OPUS BOARD VICE CHAIR'S SPOUSE IS PRESIDENT OF CONSTRUCTION COMPANY 651179 THE UNIVERSITY CONTRACTED WITH OPUS TO PROVIDE CONSTRUCTION SERVICES. 0 STERNS AND ASSOCIATES LLC BOARD MEMBER, TERESA STERNS IS THE PRESIDENT OF STEARNS AND ASSOCIATES LLC 81500 CONSULTING PROJECT 0 X 76788 APPRAISAL; DONOR ORG X 4300 SALES PRICE X 35 280713 STOCK MARKET QUOTES X 2 11790 CASH SURRENDER VALUE X 1 1060 DONOR VALUED X MATERIALS 1 200 EXPERT OPINION X GIFT CARDS 2 2469 FACE VALUE 2 0 1 0 Form 990, Part VI, Section A, line 1 ST. CATHERINE UNIVERSITY HAS AN EXECUTIVE COMMITTEE COMPRISED OF: THE BOARD OFFICERS; THE PRESIDENT OF ST. CATHERINE UNIVERSITY; THE PRESIDENT OF THE ALUMNAE ASSOCIATION; THE CHAIRS OF ALL STANDING COMMITTEES; AND SISTERS OF ST. JOSEPH OF CARONDELET, PROVINCIAL LEADERSHIP REPRESENTATIVE. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE VOTING MEMBERS OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE IS ESTABLISHED: 1. TO ACT ON BEHALF OF THE BOARD BETWEEN BOARD MEETINGS, AS NECESSARY. 2. TO IDENTIFY, SET AND MONITOR THE BOARD'S ANNUAL GOALS AND AGENDA; TO CONFIRM THE CYCLE OF BOARD WORK FOR THE YEAR. 3. TO AUTHORIZE BOARD COMMITTEE STRUCTURE AND DIRECTION. 4. TO REVIEW ISSUES AND ACTION ITEMS FOR BOARD CONSIDERATION; TO PLAN BOARD MEETING AGENDAS. 5. TO PROVIDE THE PRESIDENT A FORUM FOR CONSULTATION AND TO GIVE SUPPORT TO THE PRESIDENT IN HER ROLE AS CHIEF EXECUTIVE OFFICER. 6. TO EVALUATE (ANNUALLY) THE PRESIDENT'S PERFORMANCE. 7. TO DRIVE THE STRATEGIC PLANNING FUNCTION AND MONITOR ITS PROGRESS. AT ITS DISCRETION AND WITH THE APPROVAL OF THE BOARD, THE EXECUTIVE COMMITTEE MAY APPOINT AD HOC MEMBERS. Form 990, Part VI, Section A, line 6 THE CORPORATE MEMBERS OF ST. CATHERINE UNIVERSITY CONSIST OF THE MEMBERS OF THE PROVINCE COUNCIL OF THE SISTERS OF ST. JOSEPH OF CARONDELET, ST. PAUL PROVINCE, AS ELECTED OR APPOINTED IN ACCORDANCE WITH THE CONSTITUTION OF THAT RELIGIOUS CONGREGATION. Form 990, Part VI, Section A, line 7a THE MEMBERS OF ST. CATHERINE UNIVERSITY ELECT THE BOARD OF TRUSTEES UPON THE RECOMMENDATION OF THE BOARD OF TRUSTEES. THE MEMBERS ALSO APPROVE THE APPOINTMENT AND DISCHARGE OF THE PRESIDENT OF THE UNIVERSITY UPON THE RECOMMENDATION OF THE BOARD OF TRUSTEES. Form 990, Part VI, Section A, line 7b THE BOARD OF TRUSTEES MAY NOT MORTGAGE, LEASE OR SELL ANY REAL ESTATE AND MAY NOT CONTRACT FOR MAJOR CONSTRUCTION WITHOUT THE CONSENT OF THE MEMBERS. Form 990, Part VI, Section B, line 11 BEFORE FILING THE TAX RETURN, THE PRESIDENT AND THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION REVIEWED THE TAX RETURN. AFTER MANAGEMENT APPROVAL, THE AUDIT COMMITTEE REVIEWED AND APPROVED THE TAX RETURN. THE PUBLIC INSPECTION COPY OF THE TAX RETURN WAS THEN PROVIDED TO THE FULL BOARD. Form 990, Part VI, Section B, line 12c ST. CATHERINE UNIVERSITY'S CONFLICT OF INTEREST POLICY APPLIES TO ALL "INTERESTED PERSONS": OFFICERS, MEMBERS OF THE BOARD OF TRUSTEES, KEY EMPLOYEES AND OTHER EMPLOYEES WHO MAY INFLUENCE THE ACTIONS OF THE INSTITUTION. INTERESTED PERSONS ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST STATEMENT. PERIODIC REVIEWS ARE CONDUCTED TO ENSURE THE INSTITUTION OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS. IF A CONFLICT OR POTENTIAL CONFLICT ARISES, THE INTERESTED PERSON ALERTS THE BOARD CHAIR TO SUCH CONFLICT BEFORE PARTICIPATING IN DELIBERATIONS OR DECISIONS ON THE MATTER. THE INTERESTED PERSON IS GIVEN AN OPPORTUNITY TO DISCLOSE MATERIAL FACTS TO THE BOARD. IF A CONFLICT IS FOUND TO EXIST, THE INTERESTED PERSON MAY NOT PARTICIPATE IN DELIBERATIONS OR VOTING ON THE TRANSACTION OR ARRANGEMENT, EXCEPT TO PRESENT INFORMATION TO THE BOARD. THE BOARD CHAIR MAY APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO AVOID PERCEIVED OR ACTUAL CONFLICTS. IF THE BOARD OF TRUSTEES, OR A COMMITTEE, BELIEVES AN INDIVIDUAL HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT INFORMS THE PERSON, AFFORDS THE PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE, MAKES FURTHER INVESTIGATION AS WARRANTED AND TAKES APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. ALL CONFLICT OF INTEREST DISCUSSIONS ARE INCLUDED IN THE MINUTES OF THE BOARD OR COMMITTEE MEETING. Form 990, Part VI, Section B, line 15 THE PRESIDENT'S SALARY IS DETERMINED IN THE SAME WAY AS OTHER EXEMPT AND FACULTY EMPLOYEES. SALARIES ARE BENCHMARKED AGAINST THE MEDIAN OF 184 COLLEGES AND UNIVERSITIES DESIGNATED AS MASTER'S RELIGIOUS BY THE CARNEGIE CLASSIFICATION. DATA FROM THE 184 COLLEGES AND UNIVERSITIES IS COLLECTED ANNUALLY BY THE HUMAN RESOURCES DEPARTMENT THOUGH THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION (CUPA). THIS METHODOLOGY IS PART OF THE BOARD OF TRUSTEES APPROVED COMPENSATION PLAN. FOR COMPARISON PURPOSES, MEDIAN SALARY FOR EACH POSITION AND FACULTY RANK AS SHOWN IN THE CUPA DATA IS ADJUSTED 5% DOWN AND 5% UP TO CORRESPOND TO SALARY COMPARISON FOR PEOPLE AT LOW, MEDIUM AND HIGH RANGE BASED ON YEARS IN JOB. THE 95% CATEGORY IS FOR PEOPLE 1-3 YEARS IN A CURRENT JOB; 100% IS FOR 4-6 YEARS IN A POSITION AND 105% IF FOR PEOPLE 7 OR MORE YEARS IN A POSITION. THE MONETARY GAP IS ASCERTAINED, AND BASED ON AVAILABLE DOLLARS FOR COMPENSATION, SALARY FOR THE PRESIDENT IS ADJUSTED ACCORDING TO THE SAME FORMULAS AS FOR THE ENTIRE UNIVERSITY. THESE INCREASES ARE COST OF LIVING OR ACROSS THE BOARD AND ARE NOT MERIT BASED. THERE IS NO BONUS PLAN OR METHOD FOR DETERMINING INCREASES. THE DATA AND RESULTS ARE PROVIDED TO THE CHAIRMAN OF THE BOARD OF TRUSTEES, WHO REVIEWS AND AUTHORIZES ANY INCREASE. AS A MEMBER OF A RELIGIOUS ORDER, THE PRESIDENT'S COMPENSATION IS PAID TO HER ORDER. THE UNIVERSITY PROVIDES A HOUSE, A CAR, AND BENEFITS TO THE PRESIDENT. UTILITIES AND MAINTENANCE AND OTHER OPERATING COSTS OF THE HOUSE AND CAR ARE ALSO PAID BY THE UNIVERSITY. Form 990, Part VI, Section C, line 19 ST. CATHERINE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST SISTERS OF ST JOSEPH OF CARONDELET ST PAUL PROVINCE 1884 RANDOLPH AVENUE ST PAUL MN 55105 411765361 CARE FOR THE SICK, POOR & NEEDY MN 501(c)(3) Line 1 N/A 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0