2026-05-15T15:45:27-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 121 SOUTH TEJON STREET SUITE 1100 COLORADO SPRINGS CO 80903 990 2024-07-01 410969244 COLLEGE OF SAINT BENEDICT COLL 3203635999 37 S COLLEGE AVE SAINT JOSEPH MN 56374 ANNE OBERMAN CFO 3203635999 2026-05-13 1 1 SARAH HINTZ P00492291 7196350330 2026-05-13 2024 2025-03-06 01:10:19Z ANNE OBERMAN 37 S COLLEGE AVE SAINT JOSEPH MN 56374 137145927 0 0928 X WWW.CSBSJU.EDU X 1913 MN PROVIDE FOR WOMEN THE BEST UNDERGRADUATE RESIDENTIAL CATHOLIC LIBERAL ARTS EDUCATION. 32 31 1782 1200 600464 54978 8754442 21044131 92867636 94904626 3678822 974017 353779 373262 105654679 117296036 44863821 46680244 0 0 35763425 36930205 0 0 3114164 29231409 30870949 109858655 114481398 -4203976 2814638 280656848 297736475 46675117 45197880 233981731 252538595 TO PROVIDE FOR WOMEN THE BEST UNDERGRADUATE RESIDENTIAL LIBERAL ARTS EDUCATION ALONG WITH SELECT GRADUATE PROGRAMS, IN THE CATHOLIC AND BENEDICTINE TRADITIONS. THE COLLEGE FOSTERS INTEGRATED LEARNING, EXCEPTIONAL LEADERSHIP FOR CHANGE AND WISDOM FOR A LIFETIME. 0 0 86861574 46680244 77376504 HIGHER EDUCATION: EDUCATIONAL INSTRUCTION, 1,405 FALL FTE STUDENTS ENROLLED IN UNDERGRADUATE AND GRADUATE COURSES, 347 GRADUATES. THE COLLEGE OF SAINT BENEDICT WILL BE NATIONALLY RECOGNIZED AS A COMMUNITY THAT PROVIDES A LIBERAL ARTS EDUCATION PREPARING WOMEN TO THINK CRITICALLY, LEAD COURAGEOUSLY, AND ADVOCATE PASSIONATELY. THE COLLEGE OF SAINT BENEDICT DESIGNS PROGRAMS TO MEET THE NEEDS AND ASPIRATIONS OF YOUNG WOMEN, EMPHASIZING WOMEN'S LEADERSHIP AND A PERSONAL DEVELOPMENT PROFILE THAT INCLUDES INTELLECTUAL, SPIRITUAL, EMOTIONAL AND PHYSICAL DEVELOPMENT. ITS VALUES-BASED AND VALUE-ADDED RESIDENTIAL LIBERAL ARTS EDUCATION PROVIDES THE FRAMEWORK FOR FULFILLING LIVES OF DISCIPLINED INQUIRY AND LEADERSHIP IN CAREERS DEVOTED TO THE PROFESSIONS, PUBLIC LIFE AND SERVICE TO OTHERS. 13177807 0 16387457 HIGHER EDUCATION: AUXILIARY REVENUE (DINING, HOUSING, ETC.) 1,366 STUDENTS. THE RESIDENTIAL LIFE PROGRAM AT THE COLLEGE OF SAINT BENEDICT PROVIDES A FOUR-YEAR RESIDENTIAL EXPERIENCE OF COMMUNITY LIVING WHICH SUPPORTS AND CHALLENGES OUR STUDENTS WITH OPPORTUNITIES FOR PERSONAL AND SOCIAL GROWTH. THIS EXPERIENCE ALLOWS WOMEN TO DEVELOP AN UNDERSTANDING AND APPRECIATION OF THEIR RESPONSIBILITIES TO THEMSELVES AND OTHERS LIVING IN THE COMMUNITY ON CAMPUS AND BEYOND. 0 0 931345 OTHER PROGRAM SERVICES: FINE ARTS PROGRAMMING AND OTHER STUDENT AND COMMUNITY SERVICES DESIGNED TO FOSTER DEVELOPMENT AND GROWTH OUTSIDE THE CLASSROOM. OUR FINE ARTS EVENTS BRING REGIONAL AND NATIONAL ARTISTS TO OUR COMMUNITY. OTHER PROGRAMS INCLUDE SERVICE TRIPS, CONFERENCES, SERVICE TO OTHER ORGANIZATIONS, AND CAMPUS EVENTS. 100039381 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 1 0 1 1 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 1948 0 1 1782 1 1 1 1 UK JA 0 0 0 1 1 0 0 0 0 0 0 X 32 31 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 CO FL MD ME MA MI NV NH NY OH OK OR PA SC VA WA HI MN X ANNE OBERMAN 3203635999 37 S COLLEGE AVE SAINT JOSEPH MN 56374 BRIAN BRUESS PRESIDENT 60.00 0.00 X X 518100 0 69836 LEANNE STEWART TRUSTEE - CHAIR 3.00 3.00 X X 0 0 0 BENNETT MORGAN TRUSTEE - VICE CHAIR 2.00 2.00 X X 0 0 0 GRETCHEN AGEE TRUSTEE 1.00 1.00 X 0 0 0 CORIE BARRY TRUSTEE 1.50 1.50 X 0 0 0 BR DENNIS BEACH OSB TRUSTEE 1.00 50.00 X 0 0 0 SCOTT BECKER TRUSTEE 1.50 1.50 X 0 0 0 ED BONACH TRUSTEE 1.50 1.50 X 0 0 0 MARY DOMBOVY TRUSTEE 1.00 1.00 X 0 0 0 SANDY FORSTER TRUSTEE 1.00 1.00 X 0 0 0 MICHAELA HEDICAN OSB TRUSTEE 1.00 50.00 X 0 0 0 NICKOLAS KLEESPIE OSB TRUSTEE 1.00 50.00 X 0 0 0 S NINA LASCESKI OSB TRUSTEE 1.00 50.00 X 0 0 0 SR JOAN LESCINSKI CSJ TRUSTEE 1.00 1.00 X 0 0 0 FR WILLIAM LIES CSC TRUSTEE 1.00 1.00 X 0 0 0 MICHELE MARTIN TRUSTEE 1.00 1.00 X 0 0 0 BRIAN MCGRANE TRUSTEE 1.50 1.50 X 0 0 0 GREG MELSEN TRUSTEE 1.00 1.00 X 0 0 0 LYNN MYHRAN TRUSTEE 1.50 1.50 X 0 0 0 PAUL NAKASONE TRUSTEE 1.50 1.50 X 0 0 0 JOY PLAMANN TRUSTEE 1.00 1.00 X 0 0 0 MARILYN PORTER TRUSTEE 1.00 1.00 X 0 0 0 CHIP RAY TRUSTEE 1.50 1.50 X 0 0 0 S MARY REUTER OSB TRUSTEE 1.00 50.00 X 0 0 0 DAVE ROBERTS TRUSTEE 1.50 1.50 X 0 0 0 CAROL SCHLEIF TRUSTEE 1.50 1.50 X 0 0 0 AELRED SENNA OSB TRUSTEE 1.00 50.00 X 0 0 0 KELLY SKALICKY TRUSTEE 1.00 1.00 X 0 0 0 GREG SOUKUP TRUSTEE 1.50 1.50 X 0 0 0 EDWIN TORRES TRUSTEE 1.00 1.00 X 0 0 0 JONA VAN DEUN TRUSTEE 1.50 1.50 X 0 0 0 DAN WHALEN TRUSTEE 1.00 1.00 X 0 0 0 CHERYL STANTON - GENERAL COUNSEL CORPORATE SECRETARY THRU 01/25 50.00 0.00 X 266552 0 27187 ANNE OBERMAN CHIEF FINANCIAL OFFICER 50.00 0.00 X 232590 0 49019 HEATHER PIEPER-OLSON VP FOR INSTITUTIONAL ADVANCEMENT 50.00 0.00 X 213016 0 44843 MARY GELLER ASSOCIATE PROVOST FOR STUDENT SUCCESS 50.00 0.00 X 156749 0 45704 CASEY GORDON CHIEF INFORMATION & TRANSFORMATION OFFICER 50.00 0.00 X 184138 0 50973 CHANTEL BRAEGELMANN CHIEF HUMAN RESOURCES OFFICER 50.00 0.00 X 155902 0 37288 SANDRA MITCHELL-GOODE SENIOR DIVERSITY OFFICER 50.00 0.00 X 161588 0 18228 CORY PIPER DEAN OF ADMISSIONS THRU 08/24 50.00 0.00 X 154952 0 19611 2043587 0 362689 36 0 1 0 KOCINSKI MANAGEMENT GROUP 10701 93RD AVENUE N SUITE D MAPLE GROVE MN 55369 CONSTRUCTION 823518 CULTURAL EXPERIENCES ABROAD INC 702 EAST OSBORN ROAD STE 200 PHOENIX AZ 85014 STUDENT STUDY ABROAD 774325 EAB GLOBAL INC PO BOX 603519 CHARLOTTE NC 282603519 ENROLLMENT CONSULTING 739682 UNIVERSITY OF MINNESOTA PO BOX 1450 MINNEAPOLIS MN 56302 STUDENT SERVICES 481711 DESIGN ELECTRICAL CONTRACTORS INC PO BOX 1252 ST CLOUD MN 56302 CONSTRUCTION 475584 28 33095 6000 1636762 19368274 318148 21044131 TUITION AND FEES 611310 77376504 77376504 AUXILIARY REVENUE 721310 16549606 16016955 532651 OTHER SOURCES- FINE ARTS 711190 931345 931345 SPONSORSHIPS AND ADVERTISING 541800 41815 41815 INTERNET SERVICE PROVIDER 221000 5356 5356 94904626 2174459 20642 2153817 17832857 22949 19056248 0 -1223391 22949 -1200442 -1200442 9539 33095 6779 2760 2760 1157366 786864 370502 370502 117296036 94695306 600464 956135 6000 6000 46674244 46674244 1627765 402595 902223 322947 25386412 21158458 2761607 1466347 1895572 901146 861712 132714 5836019 5193431 411691 230897 2184437 1716240 311427 156770 1384226 164677 1054575 164974 167811 167811 78934 78934 409480 409480 940012 267224 541258 131530 1228020 938252 262677 27091 1468843 1251616 116582 100645 5419014 4599608 819406 1033864 875077 69246 89541 422607 43780 125528 253299 1308668 1023548 285120 6896962 5945776 951186 843325 359243 479177 4905 STUDENT PROGRAMMING 6389947 6389947 REPAIR AND MAINTENANCE 1885527 1747670 137857 TRAINING AND DEVELOPMEN 713562 264111 418737 30714 UBI TAX 13133 13133 267014 116738 148486 1790 114481398 100039381 11327853 3114164 32165369 23675814 3876439 3212201 532226 535660 340062 245917 1347840 1264761 205654456 106879185 102391902 98775271 40920932 37449359 97211340 129011696 708586 434932 1162152 3130864 280656848 297736475 4682952 5297311 1222214 1284631 36188616 34718442 121530 92400 4459805 3805096 46675117 45197880 X 103641847 97471883 130339884 155066712 233981731 252538595 280656848 297736475 2814638 15742226 0 X X 0 1 X 1 1 1 X 10807823 17562819 18633532 8754442 21044131 76802747 10807823 17562819 18633532 8754442 21044131 76802747 24383002 52419745 1385418 84772 1338645 2270611 2153817 7233263 7886 48161 85788 67026 61495 270356 2586920 2586920 86893286 469952462 0.60330 0.72870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 1 112955 112955 0 PART II-B, LINE 1: COLLEGE OF SAINT BENEDICT IS A MEMBER OF MINNESOTA PRIVATE COLLEGE COUNCIL (MPCC), AN ORGANIZATION DESCRIBED IN SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. MPCC IS AN ASSOCIATION OF PRIVATE NONPROFIT INSTITUTIONS OF HIGHER EDUCATION THAT SERVES A VARIETY OF ITS MEMBERS' SHARED NEEDS, INCLUDING, BUT NOT ONLY, NONPARTISAN AND NONELECTORAL ADVOCACY FORPUBLIC POLICY THAT MEETS STUDENTS' NEEDS AND ADVANCES THE INTERESTS OF PRIVATE HIGHER EDUCATION. COLLEGE OF SAINT BENEDICT PAID MEMBERSHIP DUES TO MPCC IN THE AMOUNT OF $122,551 DURING THE TAXABLE YEAR. MPCC HAS DIVIDED ITS EXPENSES FOR ITS TAXABLE YEAR ENDING JUNE 30, 2025 INTO TWO GROUPS. GROUP 1 CONSISTS OF THOSE EXPENSES THAT DID NOT IN ANY WAY SUPPORT ATTEMPTS TO INFLUENCE LEGISLATION WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("LOBBYING"), AND GROUP 2 CONSISTS OF ALL OTHER EXPENSES. GROUP 2 INCLUDES MANY EXPENSES, SUCH AS PERSONNEL COSTS, THAT SUPPORTED BOTH LOBBYING AND NONLOBBYING ACTIVITIES. MPCC DID NOT ATTEMPT TO ALLOCATE THE GROUP 2 EXPENSES BETWEEN LOBBYING AND NONLOBBYING ACTIVITIES. MPCC HAS DETERMINED THAT THE AMOUNT OF THE GROUP 2 EXPENSES REPRESENTS 92.17% OF THE AMOUNT OF THE DUES THAT MPCC COLLECTED IN THE SAME TAXABLE YEAR. ASSUMING THAT ALL GROUP 2 EXPENSES WERE PAID FROM MEMBER DUES, AND ALLOCATING THOSE EXPENSES PRO RATA BASED ON THE DUES PAID BY EACH MEMBER, $112,955 OF COLLEGE OF SAINT BENEDICT'S DUES WERE USED TO PAY GROUP 2 EXPENSES. THE AMOUNT OF LOBBYING EXPENSES PAID FROM COLLEGE OF SAINT BENEDICT'S DUES WAS SIGNIFICANTLY LESS THAN THAT AMOUNT. 0 1 X 130578580 16389282 15018939 2821096 1587766 409480 157168459 118034432 3758303 13104548 2431148 1524182 363373 130578580 102989504 8509169 10811868 2430894 1524023 321192 118034432 111096479 5482074 -9491395 2369555 1324052 404047 102989054 86715330 4761625 23417921 2243381 1225559 329457 111096479 0.07860 0.64380 0.27760 0 0 1034602 1034602 151556258 69575112 81981146 40716412 29225711 11490701 12347184 8078362 4268822 98775271 GLOBAL EQUITY FUNDS 85964959 C HEDGE FUNDS 17115238 C PRIVATE PARTNERSHIP 20178866 C FIXED INCOME FUNDS 1645498 C REAL ESTATE FUNDS 4107135 C 129011696 OTHER LIABILITIES 595815 OPERATING LEASE LIABILITY 142072 ANNUITIES PAYABLE 352802 GOVERNMENT GRANTS REPAYABLE 1019447 ASSET RETIREMENT OBLIGATION 1694960 3805096 X 86748181 15742226 793643 16535869 70212312 409480 46674244 47083724 117296036 68191317 793643 793643 67397674 409480 46674244 47083724 114481398 PART IV, LINE 2B: THE COLLEGE'S FUNDS HELD FOR OTHERS INCLUDE PART OF A DESIGNATED GIFT AND STUDENT GROUP FUNDS. PART V, LINE 4: ENDOWMENT DRAW IS USED TO FUND STUDENT SCHOLARSHIPS AND ACADEMIC PROGRAMS. 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 786,864. FUNDRAISING EXPENSES 6,779. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 46,674,244. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 786,864. FUNDRAISING EXPENSES 6,779. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 46,674,244. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 COLLEGE OF SAINT BENEDICT INCLUDES RACIALLY NONDISCRIMNATORY POLICIES IN NEWSPAPER AND ONLINE PUBLICATIONS FOR JOB SEARCHES AND PUBLICATIONS THAT GO OUT TO CURRENT, FORMER, AND POTENTIAL STUDENTS. IN ADDITION, THESE POLICIES ARE INCLUDED IN ALL PRINTED MATERIALS AS WELL AS ON THE ORGANIZATION'S WEBSITE. SCHEDULE E, PART I, LINE 6 COLLEGE OF SAINT BENEDICT RECEIVES FINANCIAL AID FOR STUDENTS FROM FEDERAL AND STATE SOURCES. CENTRAL AMERICA AND THE CARIBBEAN 0 1 PROGRAM SERVICES STUDENT PROGRAMS 50696 EAST ASIA AND THE PACIFIC 0 7 PROGRAM SERVICES STUDENT PROGRAMS 96982 EUROPE (INCLUDING ICELAND & GREENLAND) 0 12 PROGRAM SERVICES STUDENT PROGRAMS 1355381 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDENT PROGRAMS 17663 SOUTH ASIA 0 1 PROGRAM SERVICES STUDENT PROGRAMS 11916 SUB-SAHARAN AFRICA 0 1 PROGRAM SERVICES STUDENT PROGRAMS 191458 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS N/A 477275 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 20967404 0 22 0 0 0 22 23168775 0 23168775 1 0 1 0 1 0 PART I, LINE 3: ACCRUAL METHOD GOLF CLASSIC 42634 33095 9539 5136 579 1064 42634 33095 9539 5136 579 1064 6779 2760 1 GREATER ST CLOUD DEVELOPMENT CORPORATION PO BOX 1662 SAINT CLOUD MN 56302 452050341 501(C)(3) 6000 0 N/A N/A GENERAL OPERATING SUPPORT 1 0 TUITION AND FEE SCHOLARSHIPS 1381 46674244 0 N/A N/A PART I, LINE 2: DOCUMENTATION IS MAINTAINED WHICH SUBSTANTIATES ELIGIBILIITY AND THE AMOUNT OF ASSISTANCE GIVEN TO STUDENTS. NEED BASED ELIGIBILITY FOR SCHOLARSHIPS IS DETERMINED USING VARIOUS FACTORS TO ASSESS ACADEMIC PERFORMANCE OF THE STUDENT. X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 BRIAN BRUESS PRESIDENT 451157 0 55000 0 11943 0 12650 0 57186 0 587936 0 0 0 CHERYL STANTON - GENERAL COUNSEL CORPORATE SECRETARY THRU 01/25 248903 0 0 0 17649 0 12754 0 14433 0 293739 0 0 0 ANNE OBERMAN CHIEF FINANCIAL OFFICER 230539 0 0 0 2051 0 21744 0 27275 0 281609 0 0 0 HEATHER PIEPER-OLSON VP FOR INSTITUTIONAL ADVANCEMENT 212200 0 289 0 527 0 19954 0 24889 0 257859 0 0 0 CASEY GORDON CHIEF INFORMATION & TRANSFORMATION O 183850 0 0 0 288 0 17440 0 33533 0 235111 0 0 0 MARY GELLER ASSOCIATE PROVOST FOR STUDENT SUCCES 155121 0 0 0 1628 0 14635 0 31069 0 202453 0 0 0 CHANTEL BRAEGELMANN CHIEF HUMAN RESOURCES OFFICER 155470 0 0 0 432 0 14674 0 22614 0 193190 0 0 0 SANDRA MITCHELL-GOODE SENIOR DIVERSITY OFFICER 160511 0 0 0 1077 0 4708 0 13520 0 179816 0 0 0 CORY PIPER DEAN OF ADMISSIONS THRU 08/24 130832 0 92 0 24028 0 4452 0 15159 0 174563 0 0 0 PART I, LINE 1A TRAVEL FOR THE PRESIDENT'S SPOUSE IS OCCASSIONALLY PROVIDED IF IT SERVES THE BUSINESS PURPOSE OF THE COLLEGE TO HAVE HER ACCOMPANY THE PRESIDENT. IF IT SERVES A BUSINESS PURPOSE, IT IS NOT INCLUDED IN TAXABLE INCOME FOR THE PRESIDENT. THE COLLEGE PROVIDES A RESIDENCE AND HOUSEHOLD SERVICES FOR THE PRESIDENT. THE RESIDENCE IS NOT INCLUDED IN THE PRESIDENT'S TAXABLE INCOME. THE RESIDENCE IS FURNISHED FOR THE CONVENIENCE OF THE COLLEGE, AND IT IS AVAILABLE FOR USE TO HOST FACULTY, STAFF, AND STUDENT FUNCTIONS. THE PRESIDENT WAS REQUIRED TO LIVE IN THE RESIDENCE AS A CONDITION OF EMPLOYMENT, AND IS CONTIGUOUS TO THE COLLEGE'S CAMPUS. HOUSING IS SUPPLIED TO THE GENERAL COUNSEL/BOARD SECRETARY AND IS CONSIDERED A TAXABLE BENEFIT, INCLUDED IN TAXABLE COMPENSATION. A 8K MN HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416HX90 2016-04-21 36875279 FINANCE RENOVATION PROJECTS AND ATHLETIC FIELDS 0 0 0 B 17A MN HIGHER EDUCATION FACILITIES BOARD 410988525 60416JAR1 2017-12-29 8605000 REFINANCE 6V AND ADVANCE REFUNDING 0 0 0 A 6270000 36875279 2420551 529940 304929 34149839 2019 0 0 0 1 B 2815000 9044135 167615 8876520 2018 1 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.01000 0.01000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 X 1 10000 EXPERT OPINION X 4 308148 OTHER: AVG HIGH & LOW 0 0 1 1 PART I, COLUMN (B): THE COLLEGE REPORTS THE NUMBER OF CONTRIBUTORS IN COLUMN (B). PART I, LINE 32B: REAL ESTATE BROKERS, APPRAISERS, AND ATTORNEYS ARE CONSULTED WHEN GIFTS OF PROPERTY ARE RECEIVED. FORM 990, PART VI, SECTION A, LINE 1A THE CSB BOARD SHALL HAVE AN EXECUTIVE COMMITTEE COMPOSED OF BETWEEN EIGHT (8) AND TWELVE (12) MEMBERS, EACH WITH A VOTE, COMPRISED OF: THE BOARD CHAIR; THE VICE CHAIR(S); THE PRESIDENT; ONE (1) TRUSTEE ELECTED BY THE CSB CORPORATE MEMBERS OR THE SBM MONASTIC COUNCIL , ONE (1) TRUSTEE APPOINTED BY THE SJU CORPORATE MEMBERS, AND OTHER MEMBERS AS MAY BE DETERMINED BY THE CSB BOARD. THE BOARD CHAIR AND VICE CHAIR(S) OF THE CSB BOARD WILL ALSO SERVE AS THE CHAIR AND VICE CHAIR(S) OF THE EXECUTIVE COMMITTEE. ALL MEMBERS OF THE EXECUTIVE COMMITTEE SHALL AT ALL TIMES BE VOTING TRUSTEES. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE CORPORATION SHALL CONSIST OF THE OFFICERS OF THE SISTERS OF THE ORDER OF SAINT BENEDICT AND ARE REFERRED TO AS THE CORPORATE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A AS STATED IN THE ARTICLES OF INCORPORATION, THE CORPORATE MEMBERS RETAIN THE FOLLOWING RESERVED POWERS: 1) APPOINT THOSE PERSONS WHO SERVE AS VOTING MEMBERS OF THE BOARD OF TRUSTEES FORM 990, PART VI, SECTION A, LINE 7B AS STATED IN THE ARTICLES OF INCORPORATION, THE CORPORATE MEMBERS RETAIN THE FOLLOWING RESERVED POWERS: 1) APPROVE ANY MERGER, ACQUISITION, OR DISSOLUTION OF THE CORPORATION. 2) APPROVE THE SALE OR ENCUMBRANCE OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION. 3) AMEND THE ARTICLES OF INCORPORATION OR 4) MAKE AND AMEND THE BYLAWS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED AND REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. THE AUDIT COMMITTEE CHAIR REVIEWED THE FULL DISCLOSURE COPY OF THE FORM 990. THE SUBCOMMITTEE OF THE BOARD OF TRUSTEES KNOWN AS THE AUDIT COMMITTEE REVIEWED THE PUBLIC DISCLOSURE COPY OF FORM 990 DURING THE SPRING MEETING PRIOR TO FILING THE FORM AND THE PUBLIC DISCLOSURE COPY OF FORM 990 WAS MADE AVAILABLE FOR REVIEW BY ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS TRUSTEES, EXECUTIVE OFFICERS, AND MEMBERS OF COMMITTEES WITH BOARD DESIGNATED POWERS. EACH COVERED PERSON IS REQUIRED TO ANNUALLY SIGN A STATEMENT AFFIRMING THAT THEY HAVE RECEIVED, READ AND UNDERSTOOD, AND AGREED TO COMPLY WITH THE POLICY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST FULLY DISCLOSE THE EXISTENCE AND NATURE OF HIS OR HER FINANCIAL INTEREST AND ALL MATERIAL FACTS TO THE BOARD CHAIR. AFTER FULL DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON AND THE INTERESTED PERSON WISHES TO PROCEED WITH THE DISCLOSED MATTER, THE BOARD CHAIR WILL REFER TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR ITS DETERMINATION TO WHETHER OR NOT A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR EXECUTIVE COMMITTEE MEETING, BUT AFTER SUCH PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. THE INTERESTED TRUSTEE IS NOT COUNTED FOR DETERMINING THE PRESENCE OF A QUORUM. THE MINUTES OF THE BOARD AND THE EXECUTIVE COMMITTEE DOCUMENT ALL PROCEEDINGS RESULTING FROM POTENTIAL OR ACTUAL CONFLICTS OF INTEREST INCLUDING THE NAMES OF THE PERSONS WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT, AND THE DECISION AS TO WHETHER A CONFLICT OF INTEREST EXISTED. THE MINUTES ALSO REPORT THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION, THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION THEREWITH. FORM 990, PART VI, SECTION B, LINE 15 IN ACCORDANCE WITH THE EMPLOYEE HANDBOOK, THE COMPENSATION PLAN IS DESIGNED TO ENSURE POSITIONS ARE COMPETITIVELY VALUED RELATIVE TO COMPARABLE JOBS IN THE MARKET. THE HUMAN RESOURCES DEPARTMENT DOES A COMPARISON OF JOB DESCRIPTIONS TO POSITION DESCRIPTIONS IN THE MARKETPLACE REGULARLY AND A SALARY RANGE IS CREATED BASED ON THIS COMPARISON. THE COMPARISON FOR ADMINISTRATIVE AND SUPPORT STAFF POSITIONS ARE APPROVED BY THE PRESIDENT, COO, AND CFO. FACULTY SALARIES ARE COMPARED TO A MARKET BASKET OF SIMILAR INSTITUTIONS. THE SALARY FOR THE PRESIDENT IS REVIEWED AND DETERMINED BY THE BOARD OF TRUSTEES. THE POSITION IS COMPARED TO SIMILAR INSTITUTIONS OF HIGHER EDUCATION WITH RESPECT TO ENROLLMENT, BUDGET, AND CARNEGIE CLASSIFICATION FOUND IN THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION SALARY SURVEY. THE EXECUTIVE COMPENSATION COMMITTEE, A SUB COMMITTEE OF THE BOARD OF TRUSTEES, CONDUCTED THE MOST RECENT REVIEW IN JULY OF 2025. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC BUT WOULD BE MADE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE COLLEGE'S WEBSITE. FORM 990. PART XII, LINE 2C THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. SISTERS OF THE ORDER OF SAINT BENEDICT 104 CHAPEL LANE ST JOSEPH MN 56374 410695523 MONASTERY MN 501(C)(3) LINE 1 N/A 0 ST JOHN'S UNIVERSITY 2850 ABBEY PLAZA COLLEGEVILLE MN 56321 453656162 HIGHER EDUCATION MN 501(C)(3) LINE 2 ORDER OF ST BENEDICT 0 ORDER OF ST BENEDICT 2900 ABBEY PLAZA PO BOX 2400 COLLEGEVILLE MN 56321 410693973 ABBEY/MONASTERY MN 501(C)(3) LINE 1 N/A 0 LIFE ESTATE TRUST (1) LIFE ESTATE NY T 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0