2026-04-10T09:39:48-05:00 2025-05-31 332621854 CRI CAPIN CROUSE ADVISORS LLC 345 MASSACHUSETTS AVE STE 300 INDIANAPOLIS IN 46204 990 2024-06-01 741554976 SOUTH TEXAS COLLEGE OF LAW HOUSTON INC SOUT 7136598040 1303 SAN JACINTO STREET HOUSTON TX 77002 REYNALDO VALENCIA PRESIDENT & DEAN 7136598040 2026-04-10 1 0 DAREN DAIGA P01074795 5055022746 2026-04-10 2024 2025-03-06 01:10:19Z REYNALDO VALENCIA 1303 SAN JACINTO STREET HOUSTON TX 77002 98448483 0 X WWW.STCL.EDU X 1966 TX TO PROVIDE AN EXCEPTIONAL LEGAL EDUCATION TO A DIVERSE BODY OF STUDENTS. 26 25 464 24 0 0 5459171 5056112 41816892 45028635 3081105 1421237 22186 -113738 50379354 51392246 7466203 8624908 0 0 26496525 27435456 108990 85984 1680673 14955202 16557261 49026920 52703609 1352434 -1311363 118022367 122203942 15204720 15541095 102817647 106662847 SOUTH TEXAS COLLEGE OF LAW HOUSTON PROVIDES A DIVERSE BODY OF STUDENTS THE OPPORTUNITY TO OBTAIN AN EXCEPTIONAL LEGAL EDUCATION, PREPARING GRADUATES TO SERVE THEIR COMMUNITY AND PROFESSION WITH DISTINCTION. 0 0 38920952 8624908 45028635 PROFESSIONAL EDUCATION: PROVIDED LEGAL INSTRUCTION TO APPROXIMATELY 1,000 FULL AND PART TIME STUDENTS, CONFERRED NEARLY 300 DOCTOR OF JURISPRUDENCE DEGREES. PROVIDED ACCESS TO ALMOST 600,000 LIBRARY VOLUME EQUIVALENTS TO STUDENT AND THE PRACTICING COMMUNITY. HELD VARIOUS OTHER PROGRAMS OF INTEREST TO THE PUBLIC AND PRACTICING ATTORNEYS. LOCATED IN THE HEART OF THE NATION'S FOURTH LARGEST CITY, SOUTH TEXAS COLLEGE OF LAW HOUSTON IS A PRIVATE, INDEPENDENT INSTITUTION THAT HAS EARNED A REPUTATION FOR PROVIDING STUDENTS AN EXCEPTIONAL, RELEVANT, PRACTICAL LEGAL EDUCATION THAT FULLY PREPARES THEM FOR A CAREER IN THE PROFESSION. 38920952 1 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 1 0 1 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1495 0 1 464 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 26 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X TONYA JACKSON 7136598040 1303 SAN JACINTO STREET HOUSTON TX 77002 HON SHARON MCCALLY BOARD MEMBER 2.00 X 4000 0 0 GENORA BOYKINS CHAIR OF THE BOARD 10.00 X X 0 0 0 RANDALL SORRELS CHAIR ELECT 10.00 X X 0 0 0 KENNETH JOHNSON CHAIR EMERITUS 6.00 X X 0 0 0 STEWART W GAGNON BOARD MEMBER 5.00 X 0 0 0 MICHAEL W MILICH BOARD MEMBER 1.00 X 0 0 0 DARRYL M BURMAN BOARD MEMBER 4.00 X 0 0 0 RANDY HOWRY BOARD MEMBER 1.00 X 0 0 0 JOSEPH R LOPEZ BOARD MEMBER 4.00 X 0 0 0 NICHOLAS LANZA BOARD MEMBER 3.00 X 0 0 0 CHRIS HANSLIK BOARD MEMBER 2.00 X 0 0 0 JUSTICE THERESA CHANG BOARD MEMBER 1.50 X 0 0 0 APARNA DAVE BOARD MEMBER 2.00 X 0 0 0 EPHRAIM DEL POZO BOARD MEMBER 5.00 X 0 0 0 REGINA JONES BOARD MEMBER 3.00 X 0 0 0 MITCHELL KATINE BOARD MEMBER 1.00 X 0 0 0 MICHAEL COKINOS BOARD MEMBER 1.00 X 0 0 0 BENNY AGOSTO JR BOARD MEMBER 4.00 X 0 0 0 MICHAEL DONALDSON BOARD MEMBER 1.00 X 0 0 0 DR SETUL PATEL BOARD MEMBER 1.00 X 0 0 0 SHARON SCHWEITZER BOARD MEMBER 2.00 X 0 0 0 HONORABLE JENNIFER WALKER ELROD BOARD MEMBER 1.00 X 0 0 0 MICHAEL HURST BOARD MEMBER 3.00 X 0 0 0 JIM THOMPSON BOARD MEMBER 1.00 X 0 0 0 LARRY BAILLARGEON BOARD MEMBER 1.00 X 0 0 0 ALEX GONZALEZ BOARD MEMBER 1.00 X 0 0 0 CATHERINE BURNETT VP ASSOC. DEAN & PROF. OF LAW 37.50 X 304296 0 37774 JEFFREY RENSBERGER INTERIM DEAN 37.50 X 288073 0 52746 LISA YARROW ASSISTANT DEAN, BAR READINESS AND ASSOCIATE PROFES 37.50 X 243333 0 56458 SHARON FINEGAN ASSOCIATE DEAN AND PROFESSOR OF LAW 37.50 X 224413 0 30911 AMANDA PETERS ASSOCIATE DEAN AND PROFESSOR OF LAW 37.50 X 193462 0 55218 DEREK FINCHAM VP ASSOC. DEAN & PROF. OF LAW 37.50 X 188902 0 54374 MAXINE GOODMAN VP AND ASSOC DEAN 37.50 X 182825 0 53136 SHELBY MOORE VP, DEI & PROF. OF LAW 37.50 X 202127 0 30053 DEBRA B REMPELL DIRECTOR, FECCR AND PROFESSOR OF CLINICS 37.50 X 193073 0 38586 TED FIELD VP ASSOC. DEAN & PROF. OF LAW 37.50 X 173495 0 53832 ROBERT GALLOWAY VP, ADVOCACY & PROF OF LAW 37.50 X 194676 0 29855 TONYA JACKSON CFO 37.50 X 182384 0 29105 DARCY DOUGLAS VP ADVANCEMENT & ALUMNI 37.50 X 167334 0 42627 STEPHANIE ARMSTRONG MAHER VP AND GENERAL COUNSEL 37.50 X 202393 0 3749 RANDY MARAK VP OF INFORMATION TECHNOLOGY 37.50 X 157797 0 42121 MICHELLE MORRIS ASSOCIATE VP, MARKETING AND COMMUNICATIONS 37.50 X 139988 0 42417 HAO LE COO (PART YEAR) 37.50 X 171882 0 7027 ALICIA CRAMER ASSISTANT DEAN, ADMISSIONS AND STUDENT ENGAGEMENT 37.50 X 134535 0 39612 SHANTAL FORMIA ASSISTANT DEAN, CAREER RESOURCE CENTER 37.50 X 131568 0 34342 BRAD GRAVES DIRECTOR, FINANCE AND ADMINISTRATION 37.50 X 101041 0 47138 JENNIFER HUDSON CORP. SEC. & SR. EXEC. ASSISTANT 37.50 X 98227 0 46937 SUE NGUYEN CONTROLLER (PART YEAR) 37.50 X 110041 0 10758 CHANDRA GONZALEZ ASSISTANT DEAN, STUDENT SERVICES 37.50 X 94786 0 20221 SHAWANA CARTER BARNETT ASSOCIATE VICE PRESIDENT, HUMAN RESOURCES 37.50 X 107632 0 1450 MELINDA BOYKIN DIRECTOR, PROCUREMENT 37.50 X 82335 0 11678 MICHAEL F BARRY PROFESSOR OF LAW 37.50 X 321509 0 55564 JIM MUSSELMAN PROFESSOR OF LAW 37.50 X 266981 0 50336 RICHARD CARLSON PROFESSOR OF LAW 37.50 X 248162 0 49334 RANDALL KELSO PROFESSOR OF LAW 37.50 X 213636 0 46701 FRAN ORTIZ PROFESSOR OF LAW 37.50 X 224132 0 32368 MANDI GIBSON FORMER ASSOCIATE DEAN 37.50 X 275769 0 1837 JOHN WORLEY FORMER ASSOCIATE DEAN 37.50 X 232977 0 31757 VANESSA BROWNE-BARBOUR FORMER ASSOCIATE DEAN 37.50 X 180863 0 45745 CHERIE TAYLOR FORMER ASSOCIATE DEAN 37.50 X 181701 0 28585 6420348 0 1214352 79 1 1 0 ABM INDUSTRY GROUPS LLC 14141 SW FWY STE 400 SUGARLAND TX 77478 HOUSEKEEPING/JANITORIAL 637974 ILAW VENTURES LLC 12222 MERIT DR STE 1340 DALLAS TX 75251 ONLINE PROGRAM SERVICES 593193 SYNERMARK PROPERTIES INC 10711 BURNET RD STE 320 AUSTIN TX 78758 FACILITY & MAINTENANCE 561698 BARBRI INC 12222 MERIT DR STE 1340 DALLAS TX 75251 BAR EXAM PREP 539900 ELLUCIAN COMPANY LP 2003 EDMUND HALLEY DR STE 500 RESTON VA 20191 PROGRAM & SOFTWARE 397347 19 303679 2354116 2398317 14770 5056112 TUITION & FEES 611310 44929060 44929060 AUXILIARY 611710 82325 82325 MOCK TRIAL 611710 17250 17250 45028635 655768 655768 6382 6382 47629348 46863879 765469 765469 765469 34650 303679 192358 -157708 -157708 37588 37588 37588 51392246 45028635 0 1307499 8624908 8624908 4717241 2332909 1898961 485371 974497 736782 214405 23310 16804159 12929067 3403304 471788 896694 693921 178820 23953 2595260 2008383 517550 69327 1447605 1120252 288683 38670 129833 129833 83200 83200 85984 85984 187118 187118 3470281 2670834 799447 334852 27331 246974 60547 464283 122084 328903 13296 2210516 772564 1326631 111321 3459121 2597037 862084 899410 751269 107995 40146 961 961 9468 4251 5118 99 230645 172984 57661 1912639 1472732 439907 899076 674307 224769 EVENTS 738047 150904 340939 246204 BAD DEBT EXPENSES 167258 167258 MEMBERSHIP & DUES 151728 12584 139000 144 1208825 1045849 152463 10513 52703609 38920952 12101984 1680673 1944323 1703961 15931008 18332373 1400514 2029765 2078803 2316608 113031 246340 108024992 76768731 31518710 31256261 5554782 3717591 59481196 62601043 118022367 122203942 4377627 4335264 2266868 3058136 8560225 8147695 15204720 15541095 X 75489835 76431968 27327812 30230879 102817647 106662847 118022367 122203942 -1311363 5156563 0 X 0 1 X 1 1 1 X 9601445 6060950 3695900 5459171 5056112 29873578 9601445 6060950 3695900 5459171 5056112 29873578 2511542 27362036 1432109 1177016 2169827 1535886 662150 6976988 38160 43683 123607 261583 37588 504621 37355187 189720881 0.73250 0.70490 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 38,160. 2021 AMOUNT: $ 43,683. 2022 AMOUNT: $ 123,607. 2023 AMOUNT: $ 261,583. 2024 AMOUNT: $ 37,588. SCHEDULE A, PART II THE ORGANIZATION IS A SCHOOL AS DESCRIBED UNDER 170(B)(1)(A)(II) AND IS NOT REQUIRED TO COMPLETE A PUBLIC SUPPORT SCHEDULE. SCHEDULE A, PART II IS COMPLETED TO VERIFY THE SCHOOL CAN QUALIFY UNDER PUBLIC CHARITY STATUS SECTION 170(B)(1)(A)(VI) AND, THEREFORE, QUALIFIES TO USE THE FIRST LISTED SPECIAL RULE FOR SCHEDULE B REPORTING. SCHEDULE A, PART II SCHEDULE A, PART II, COLUMNS (A) - (E): PER THE INSTRUCTIONS PUBLIC SUPPORT IS MEASURED USING A 5-YEAR COMPUTATION PERIOD THAT INCLUDES THE CURRENT AND FOUR PRIOR TAX YEARS (INCLUDING SHORT YEARS). THE ORGANIZATION HAD A SHORT YEAR IN 2022. THE BELOW CHART CLARIFIES THE INFORMATION REPRESENTED IN SCHEDULE A, PART II: COLUMN (A) - FISCAL YEAR ENDING 8/31/21 COLUMN (B) - 9 MONTH PERIOD ENDING 5/31/22 COLUMN (C) - FISCAL YEAR ENDING 5/31/23 COLUMN (D) - FISCAL YEAR ENDING 5/31/24 COLUMN (E) - FISCAL YEAR ENDING 5/31/25 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 52703606 52703606 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 0 0 0 0 250000 250000 250000 250000 1000000 1500000 0 0 0 0 SCHEDULE C, PART II-A THE ORGANIZATION IS COMPLETING SCHEDULE C BECUASE THEY HAVE MADE A 501(H) ELECTION, BUT THEY DID NOT HAVE ANY LOBBYING ACTIVITY DURING THE TAX YEAR. 58113653 1699471 5139591 478410 1733663 62740642 51596898 273867 7427172 876792 307492 58113653 53800590 270160 -324185 798343 1351324 51596898 56572992 4041496 -5439268 1374630 53800590 45244124 1713197 11218414 1318743 284000 56572992 0.60254 0.39746 0.00000 0 0 7691689 7691689 48872123 26423754 22448369 16112704 16112704 0 35348476 34232273 1116203 31256261 HEDGE FUNDS 12726438 F LLC INTERESTS 38695208 F REIT FUNDS 3462477 F EQUITY FUNDS 5936333 F OTHER 1780587 F 62601043 47929141 5156563 192358 5348921 42580220 187118 8624908 8812026 51392246 44083941 192358 192358 43891583 187118 8624908 8812026 52703609 PART V, LINE 4: INCOME FROM THE ENDOWMENT FUNDS IS USED TO PROVIDE SCHOLARSHIPS TO STUDENTS AT SOUTH TEXAS COLLEGE OF LAW, PROFESSORSHIPS FOR FACULTY AND TO PROVIDE OPERATING FUNDS FOR THE COLLEGE'S LIBRARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 192,358. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 8,624,908. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 192,358. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 8,624,908. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY ON THE HOMEPAGE OF ITS WEBSITE AT ALL TIMES DURING ITS TAX YEAR IN A MANNER REASONABLY EXPECTED TO BE NOTICED BY VISITORS. SCHEDULE E, PART I, LINE 6 THE COLLEGE PARTICIPATES IN THE FEDERAL DIRECT LOAN PROGRAM AND THE FEDERAL WORK STUDY PROGRAM ADMINISTERED BY THE U.S. DEPARTMENT OF EDUCATION. ADDITIONALLY, IT RECEIVED CHAPTER 33 POST 9/11 GI BILL FUNDING FROM THE DEPARTMENT OF VETERANS AFFAIRS. THE COLLEGE ALSO RECEIVED A GRANT FROM THE INTERNAL REVENUE SERVICE TO ASSIST IN FUNDING A LOW INCOME TAX CLINIC. FROM THE STATE OF TEXAS, THE COLLEGE RECEIVES THE TUITION EQUALIZATION GRANT AND CERTAIN OTHER LEGAL SERVICES GRANTS INCLUDING THE VICTIMS ASSISTANCE GRANT FROM THE OFFICE OF THE ATTORNEY GENERAL TO ASSIST THE CIVIL PRACTICE CLINICS AND IMMIGRATION INITIATIVE. EUROPE 0 0 PROGRAM SERVICES STUDY ABROAD 45822 0 0 0 0 0 0 45822 0 45822 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION TRACKED EXPENDITURES IN ACCORDANCE WITH ACCRUAL BASIS OF ACCOUNTING. X 1 SAVAGE DESIGN GROUP 4203 YOAKUM BLVDS 4TH FL HOUSTON TX 77006 MAIL SOLICITATIONS 0 0 15000 -15000 THE STELTER COMPANY 10432 NEW YORK AVE DES MOINES IA 50322 MAIL SOLICITATIONS 0 0 19541 -19541 34541 -34541 TX GALA 338329 303679 34650 53744 99666 1500 37448 338329 303679 34650 53744 99666 1500 37448 192358 -157708 SCHEDULE G, PART I, LINE 2B(IV) THE PROFESSIONAL FUNDRAISING SERVICES WERE CONSULTING IN NATURE. NO GROSS RECEIPTS WERE DIRECTLY GENERATED FROM THE SERVICES PROVIDED. 1 SCHOLARSHIPS AND GRANTS 515 8624908 PART I, LINE 2: GRANTS AND SCHOLARSHIPS ARE BASED UPON APPLICATIONS FILED WITH THE COLLEGE'S FINANCIAL AID COMMITTEE (FOR RETURNING STUDENTS) AND WITH THE ADMISSIONS DEPARTMENT FOR FIRST SEMESTER ENTERING STUDENTS. THE DETERMINATION AND AWARDING OF FEDERAL GRANTS AND SCHOLARSHIP/GRANTS IS ON A MERIT OR NEED BASIS. THE DETERMINATION IS ALSO BASED UPON AVAILABILITY OF FUNDS AND CRITERIA ESTABLISHED BY A DONOR OR THE COLLEGE. THE SOURCES OF FUNDS COME FROM TUITION, ENDOWMENTS (EITHER RESTRICTED BY A DONOR OR RESTRICTED INTERNALLY BY THE COLLEGE), PRIVATE NON-ENDOWMENT GRANTS, FEDERAL GRANTS OR GRANTS FROM THE STATE OF TEXAS. ACTUAL SCHOLARSHIPS AND GRANTS ARE REVIEWED MONTHLY AGAINST THE BUDGET AND DIFFERENCES ARE ANALYZED AND RECONCILED. AT THE END OF EACH FISCAL YEAR, THE COLLEGE'S FINANCIAL STATEMENTS AND FEDERAL GRANTS AWARDED ARE AUDITED BY AN EXTERNAL AUDIT FIRM. IN ADDITION, THE STATE GRANTS ARE SUBJECT TO REVIEW OF PROCEDURES BY THE SAME FIRM. X X X X 0 0 0 0 0 0 0 0 0 MICHAEL F BARRY PROFESSOR OF LAW 319187 0 0 0 2322 0 26072 0 29492 0 377073 0 0 0 CATHERINE BURNETT VP ASSOC. DEAN & PROF. OF LAW 295248 0 0 0 9048 0 23692 0 14082 0 342070 0 0 0 JEFFREY RENSBERGER INTERIM DEAN 282571 0 0 0 5502 0 23575 0 29171 0 340819 0 0 0 JIM MUSSELMAN PROFESSOR OF LAW 256871 0 0 0 10110 0 21000 0 29336 0 317317 0 0 0 LISA YARROW ASSISTANT DEAN, BAR READINESS AND AS 241599 0 0 0 1734 0 17265 0 39193 0 299791 0 0 0 RICHARD CARLSON PROFESSOR OF LAW 239715 0 0 0 8447 0 20194 0 29140 0 297496 0 0 0 MANDI GIBSON FORMER ASSOCIATE DEAN 275738 0 0 0 31 0 791 0 1046 0 277606 0 0 0 JOHN WORLEY FORMER ASSOCIATE DEAN 224817 0 0 0 8160 0 18159 0 13598 0 264734 0 0 0 RANDALL KELSO PROFESSOR OF LAW 208134 0 0 0 5502 0 17524 0 29177 0 260337 0 0 0 FRAN ORTIZ PROFESSOR OF LAW 222094 0 0 0 2038 0 17913 0 14455 0 256500 0 0 0 SHARON FINEGAN ASSOCIATE DEAN AND PROFESSOR OF LAW 223783 0 0 0 630 0 17837 0 13074 0 255324 0 0 0 AMANDA PETERS ASSOCIATE DEAN AND PROFESSOR OF LAW 192870 0 0 0 592 0 16637 0 38581 0 248680 0 0 0 DEREK FINCHAM VP ASSOC. DEAN & PROF. OF LAW 188534 0 0 0 368 0 15850 0 38524 0 243276 0 0 0 MAXINE GOODMAN VP AND ASSOC DEAN 180956 0 0 0 1869 0 15704 0 37432 0 235961 0 0 0 SHELBY MOORE VP, DEI & PROF. OF LAW 197797 0 0 0 4330 0 16136 0 13917 0 232180 0 0 0 DEBRA B REMPELL DIRECTOR, FECCR AND PROFESSOR OF CLI 192814 0 0 0 259 0 15752 0 22834 0 231659 0 0 0 TED FIELD VP ASSOC. DEAN & PROF. OF LAW 172288 0 0 0 1207 0 15168 0 38664 0 227327 0 0 0 VANESSA BROWNE-BARBOUR FORMER ASSOCIATE DEAN 176657 0 0 0 4206 0 14900 0 30845 0 226608 0 0 0 ROBERT GALLOWAY VP, ADVOCACY & PROF OF LAW 192189 0 0 0 2487 0 15520 0 14335 0 224531 0 0 0 TONYA JACKSON CFO 181487 0 0 0 897 0 4092 0 25013 0 211489 0 0 0 CHERIE TAYLOR FORMER ASSOCIATE DEAN 177053 0 0 0 4648 0 14309 0 14276 0 210286 0 0 0 DARCY DOUGLAS VP ADVANCEMENT & ALUMNI 166812 0 0 0 522 0 13784 0 28843 0 209961 0 0 0 STEPHANIE ARMSTRONG MAHER VP AND GENERAL COUNSEL 201984 0 0 0 409 0 1846 0 1903 0 206142 0 0 0 RANDY MARAK VP OF INFORMATION TECHNOLOGY 155571 0 0 0 2226 0 13319 0 28802 0 199918 0 0 0 MICHELLE MORRIS ASSOCIATE VP, MARKETING AND COMMUNIC 138750 0 0 0 1238 0 11747 0 30670 0 182405 0 0 0 HAO LE COO (PART YEAR) 171060 0 0 0 822 0 1403 0 5624 0 178909 0 0 0 ALICIA CRAMER ASSISTANT DEAN, ADMISSIONS AND STUDE 132820 0 0 0 1715 0 11115 0 28497 0 174147 0 0 0 SHANTAL FORMIA ASSISTANT DEAN, CAREER RESOURCE CENT 131342 0 0 0 226 0 11627 0 22715 0 165910 0 0 0 A CITY OF MARION TEXAS HIGHER EDUCATION FACILITIES 611855516 2021-03-25 9650000 REFINANCE 12/16/1999 & 12/31/2002 BONDS AND FUND HVAC REPLACEMENT/TECHNOLOGY 0 0 0 A 1502305 9650000 139805 4500000 5010195 2024 1 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 1 0 0 0 1 A 1 2500 SCHOLARSHIPS EDUCATION FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIRS OF EACH STANDING SUBCOMMITTEE OF THE BOARD, PLUS THE CHAIR OF THE BOARD, CHAIR-ELECT (IF ANY) AND IMMEDIATE PAST CHAIR (IF ANY), ALL OF WHOM SHALL BE REGULAR DIRECTORS. ALL CHAIRMEN EMERITI, IF ANY, SHALL BE EX-OFFICIO WITH A VOTE. THE PRESIDENT/DEAN SHALL BE EX-OFFICIO WITHOUT A VOTE AND IS NOT COUNTED AS PART OF A QUORUM FOR TRANSACTING BUSINESS. THE EXECUTIVE COMMITTEE SHALL HAVE AUTHORITY TO ACT FOR THE BOARD OF DIRECTORS ON ALL MATTERS EXCEPT FOR THE FOLLOWING, WHICH SHALL BE RESERVED FOR THE BOARD: SELECTION AND TERMINATION OF THE PRESIDENT/DEAN; DIRECTOR AND BOARD-OFFICER ELECTION; CHANGES IN INSTITUTIONAL MISSION AND PURPOSES; CHANGES TO THESE BYLAWS OR TO THE CHARTER OR ARTICLES OF INCORPORATION; INCURRING OF CORPORATE INDEBTEDNESS; SALE OF LAW SCHOOL ASSETS OR TANGIBLE PROPERTY; ADOPTION OF THE ANNUAL BUDGET; AND CONFERRAL OF DEGREES. MATERIAL DIFFERENCE IN VOTING RIGHTS: THE EXECUTIVE COMMITTEE HAS EIGHT REGULAR VOTING MEMBERS, AND TWO EX-OFFICIO MEMBERS WITH A VOTE. THE PRESIDENT AND DEAN IS AN EX-OFFICIO MEMBER WITHOUT A VOTE. IN SITUATIONS WHERE THE FULL BOARD CANNOT MEET OR VOTE, THE EXECUTIVE COMMITTEE, VIS-A-VIS THE BYLAWS, IS PROVIDED AUTHORIZATION TO ACT ON BEHALF OF THE FULL BOARD OF DIRECTORS EXCEPT FOR CERTAIN ITEMS SPECIFIED IN THE BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT TAX PREPARER AND REVIEWED IN DETAIL BY THE ORGANIZATION'S TOP MANAGEMENT. THE REVIEWED FORM 990 IS THEN PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE ISSUES A FORMAL REQUEST EACH YEAR TO ALL BOARD MEMBERS AND OFFICERS TO COMPLETE AND SIGN A CONFLICT OF INTEREST FORM RELATIVE TO ANY CONFLICT OF INTERESTS THAT HAVE OCCURRED IN THE PAST 12 MONTHS. THE RESULTS OF THE COMPLETED FORMS ARE REVIEWED BY THE AUDIT COMMITTEE AND THE CFO. THE CHAIR OF THE AUDIT COMMITTEE THEN REVIEWS ANY SPECIFIC CONFLICTS AND APPROVES ANY ACTIONS REQUESTED TO REMEDIATE THE SITUATION. THE CHAIR OF THE AUDIT COMMITTEE THEN MEETS IN THE EXECUTIVE SESSION WITH THE FULL BOARD TO DISCUSS THE SITUATION AND DECIDE THE APPROPRIATE ACTION. THE BOARD MEMBER OR OFFICER IN QUESTION OF HAVING A CONFLICT WILL NOT PARTICIPATE IN THE MEETING. MINUTES ARE KEPT IF AN EXECUTIVE SESSION IS HELD. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING THE PRESIDENT'S COMPENSATION INCLUDES A REVIEW BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS WITH ASSISTANCE FROM THE VICE PRESIDENT AND GENERAL COUNSEL. COMPARABILITY DATA IS USED AND THE DELIBERATION AND DECISION ARE DOCUMENTED. LINE 15B: THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS REVIEWED ANNUALLY BY THE VICE PRESIDENT AND GENERAL COUNSEL AND APPROVED BY THE PRESIDENT AND DEAN AND THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. COMPARABILITY DATA IS USED AND THE DELIBERATION AND DECISION ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.