2024-04-15T10:11:17-05:00 2023-05-31 FORVIS LLP 14241 DALLAS PARKWAY SUITE 1100 DALLAS TX 75254 990 2022-06-01 750926755 University of Dallas % DEBORAH ZIMMERMAN UNIV 9727215000 1845 E Northgate Dr Irving TX 75062 ROBERT WATLING CFO 9727215236 2023-11-15 true ROBERT WATLING 999009999 Jeanette Verrelli P00742631 9727028262 2 2022 2023-04-26 12:10:37Z Jonathan Sanford 1845 E Northgate Dr Irving TX 75062 110443317 false X www.udallas.edu X 1956 TX THE UNIVERSITY OF DALLAS IS DEDICATED TO THE PURSUIT OF WISDOM, OF TRUTH, AND OF VIRTUE AS THE PROPER AND PRIMARY ENDS OF EDUCATION. (CONTINUED ON SCH. O...) 39 38 1224 300 22894 8895 11424722 10348936 97602966 96469674 8627441 3303876 205497 298620 117860626 110421106 48532917 47639357 0 0 35980192 36931002 120702 295350 2766895 26015717 28844083 110649528 113709792 7211098 -3288686 193739247 185827962 36107218 34620564 157632029 151207398 X THE UNIVERSITY OF DALLAS IS DEDICATED TO THE PURSUIT OF WISDOM, OF TRUTH, AND OF VIRTUE AS THE PROPER AND PRIMARY ENDS OF EDUCATION. THE UNIVERSITY SEEKS TO EDUCATE ITS STUDENTS SO THEY MAY DEVELOP THE INTELLECTUAL AND MORAL VIRTUES, PREPARE THEMSELVES FOR LIFE AND WORK IN A PROBLEMATIC AND CHANGING WORLD, AND BECOME LEADERS ABLE TO ACT RESPONSIBLY FOR THEIR OWN GOOD AND FOR THE GOOD OF THEIR FAMILY, COMMUNITY, COUNTRY, AND CHURCH. false false 6131886 337349 9896971 THE SATISH & YASMIN GUPTA COLLEGE OF BUSINESS IS A PROFESSIONAL SCHOOL WHOSE PRIMARY PURPOSE IS TO PREPARE ITS STUDENTS TO BECOME COMPETENT AND RESPONSIBLE MANAGERS WHO ARE PRINCIPLED AND MORAL LEADERS. TO ACCOMPLISH THIS PURPOSE, WE SELECT AND RETAIN A DIVERSE AND TALENTED FACULTY AND STAFF. WE ENCOURAGE OUR FACULTY TO ENGAGE IN REAL WORLD PRACTICES THAT SUPPORT THEIR TEACHING AND RESEARCH AGENDAS. OUR FACULTY EMPHASIZE TEACHING AND LEARNING AND ENGAGE IN BASIC, APPLIED, AND PEDAGOGICAL RESEARCH. 74507156 45845119 82799102 THE CONSTANTIN COLLEGE OF LIBERAL ARTS SEEKS TO EDUCATE STUDENTS OF SERIOUSNESS, INTELLIGENCE AND SPIRIT IN ACCORDANCE WITH THE FUNDAMENTAL MISSION OF THE UNIVERSITY OF DALLAS - THE SPECIFIC MISSION OF THE CONSTANTIN COLLEGE IS TO PROVIDE UNDERGRADUATE EDUCATION THROUGH BACCALAUREATE DEGREE PROGRAMS WHICH INCLUDE A SUBSTANTIAL AND COHERENT CORE CURRICULUM COMMON TO ALL UNDERGRADUATES AND MAJOR STUDIES IN THE HUMANITIES AND SCIENCES PROPER TO LIBERAL LEARNING. THE CORE CURRICULUM EMPHASIZES THE STUDY OF THE GREAT DEEDS AND WORKS OF WESTERN CIVILIZATION ON, BOTH ANCIENT AND MODERN...(CONTINUED ON SCHEDULE O) 2471406 1223872 3264742 The Braniff Graduate School seeks to accomplish at the highest level the university's commitment to the revival of the Western heritage of liberal education, the recovery of the Christian intellectual tradition and the renewal of Catholic theology in fidelity to the Church and in constructive dialogue with the modern world. Its specific purpose is to offer selected master's and doctoral programs in the liberal arts which recall these disciplines to their first principles and which will prepare students for careers in a variety of fields....(CONTINUED ON SCHEDULE O) 8968683 233017 396636 Acad Admin 1178324 132743 Institutes 10147007 233017 529379 93257455 true true false false false false false false false true true true false false true true true false true true true false false true false false false true true true false false false false true false false false true false false false false false false false false true 232 0 true 1224 true true true true IT false false false true true false false false false false false X 39 38 false false false false false false false true true false false true true true true true true true true false NH X DEBORAH ZIMMERMAN 9727215177 1845 EAST NORTHGATE DR Irving TX 75062 X JONATHAN SANFORD PRESIDENT 40.0 0.0 X X 449600 0 53910 John Plotts Executive Vice President 40.0 0.0 X 300702 0 32104 Heather Lachenauer VP Board & Legal/Gen Counsel 40.0 0.0 X 251253 0 28737 Kris Munoz-Vetter VP Advancement 40.0 0.0 X 185512 0 45913 Robert Watling VP, Finance/CFO 40.0 0.0 X 213021 0 17526 Tammy Leonard Interim Provost End: 5/22 40.0 0.0 X 181783 0 24765 Brett Landry Dean College of Bus End: 6/22 40.0 0.0 X 194134 0 12098 J Lee Whittington Professor, Management, COB 40.0 0.0 X 164586 0 38074 Philip Harold Dean Constantin College 40.0 0.0 X 155403 0 45013 Greg Bell Assoc Dean, College of bus 40.0 0.0 X 185865 0 11034 Peter Hatlie VP/Dean Rome Campus 40.0 0.0 X 157039 0 33748 Brian Murray Assoc Prof, Management, COB 40.0 0.0 X 163707 0 19322 Scott Wysong Assoc Prof, Marketing, COB 40.0 0.0 X 147880 0 32364 Susan Rhame Interim Dean Coll of Bus 40.0 0.0 X 154831 0 16563 Rich Olenick Prof, Physics, Const College 40.0 0.0 X 150904 0 19199 Ben Dilla Assi Prof, Management, COB 40.0 0.0 X 145686 0 15767 Joshua Parens Dean grad school end: 12/22 40.0 0.0 X 126174 0 34918 Clare Venegas VP MKTG & Communications 40.0 0.0 X 121299 0 25445 Matthias Vorwerk Provost Start: 7/22 40.0 0.0 X 134457 0 7341 Richard Dougherty Interim Dean Braniff Grad 40.0 0.0 X 94593 0 37521 Marisa Darby Registrar 40.0 0.0 X 78118 0 4132 RICHARD HUSSEINI CHAIRMAN 1.0 0.0 X X 0 0 0 RANDALL MUCK VICE CHAIRMAN 1.0 0.0 X X 0 0 0 EDWARD BISHOP BURNS CHANCELLOR 1.0 0.0 X X 0 0 0 DANNY MILLIGAN NAB PRESIDENT 1.0 0.0 X X 0 0 0 JEAN WHITE TREASURER 1.0 0.0 X X 0 0 0 BRIDGETT WAGNER SECRETARY 1.0 0.0 X X 0 0 0 JOE ARMES TRUSTEE 1.0 0.0 X 0 0 0 CHARLES BAUMANN TRUSTEE 1.0 0.0 X 0 0 0 WIN BELL TRUSTEE 1.0 0.0 X 0 0 0 LOUIS BROWN TRUSTEE 1.0 0.0 X 0 0 0 MARY DEVLIN CAPIZZI TRUSTEE 1.0 0.0 X 0 0 0 J BARRY CLARK TRUSTEE 1.0 0.0 X 0 0 0 TOM CRADDICK TRUSTEE 1.0 0.0 X 0 0 0 EMMET FLOOD TRUSTEE 1.0 0.0 X 0 0 0 DANIEL BISHOP FLORES TRUSTEE 1.0 0.0 X 0 0 0 LOUIS GRABOWSKY TRUSTEE 1.0 0.0 X 0 0 0 PATRICK HAGGERTY TRUSTEE 1.0 0.0 X 0 0 0 MARY HASSON TRUSTEE 1.0 0.0 X 0 0 0 GREGORY HOELSCHER TRUSTEE 1.0 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LIABILITY FOR UNCERTAIN TAX POSITIONS: The University is recognized as exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code (IRC). The University may be subject to federal and state income taxes on any net income from unrelated business activities. The University files a Form 990 (Return of University Exempt from Income Tax) annually and unrelated business income tax Form 990-T, as appropriate. Management has evaluated their material tax positions, which include such matters as the tax-exempt status of each entity and various positions relative to potential sources of unrelated business income tax (UBIT). As of May 31, 2023 and 2022, there were no uncertain tax positions that had not been recognized as a liability. Forms 990 and 990-T filed by the University are no longer subject to examination by the Internal Revenue Service for the fiscal years ended May 31, 2019 and prior. SCHEDULE D, PART V, LINE 4 INTENDED USE OF ORGANIZATION'S ENDOWMENT FUNDS: THE INTENDED USE OF THE UNIVERSITY'S ENDOWMENT FUNDS IS TO SUPPORT THE INSTITUTION'S LONG TERM MISSION BY PROVIDING THE FINANCIAL STRENGTH NECESSARY TO CARRY OUT THE MISSION'S OPERATIONS. SCHEDULE D, PART XI, LINE 2D RECONCILIATION OF REVENUE PER AUDITED FINANCIALS WITH RETURN: SCHOLARSHIPS NET WITH AUDIT TUITION REVENUE $ (47,333,303) SCHEDULE D, PART XI, LINE 4B RECONCILIATION OF REVENUE PER AUDITED FINANCIALS WITH RETURN: PASS-THROUGH INCOME FROM K-1 $ 10,994 DIRECT RENT EXPENSE (22,211) ------------------- TOTAL $ (11,217) SCHEDULE D, PART XII, LINE 2D RECONCILIATION OF EXPENSES PER AUDITED FINANCIALS WITH RETURN: DIRECT RENT EXPENSE $ 22,211 SCHEDULE D, PART XII, LINE 4B RECONCILIATION OF EXPENSES PER AUDITED FINANCIALS WITH RETURN: SCHOLARSHIPS NET WITH AUDIT TUITION REVENUE $ 47,333,303 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 2 STATEMENT OF RACIALLY NONDISCRIMINATORY POLICY: THE UNIVERSITY IS RACIALLY NONDISCRIMINATORY TOWARD ALL STUDENTS IN ACCORDANCE WITH ITS MISSION AND CORE PRINCIPLES. THE POLICY IS POSTED ON KEY RECRUITING PIECES SUCH AS THE VIEW BOOK, THE WEBSITE, THE STUDENT HANDBOOK, THE UNIVERSITY CATALOG AS WELL AS THE COMMON APPLICATION AND APPLY TEXAS PROGRAM. SCHEDULE E, PART I, LINE 3 EXPLANATION OF NONDISCRIMINATION POLICY: PURSUANT TO REV. PROC. 75-50, THE UNIVERSITY IS NOT REQUIRED TO USE THE NEWSPAPER. HOWEVER, THE NONDISCRIMINATORY POLICY IS PUBLISHED ON ITS WEBSITE WHICH WE VIEW AS A BROADCAST MEDIA THAT SERVES THE GENERAL PUBLIC. IN ADDITION THE POLICY IS PROMOTED DURING STUDENT SOLICITATION TRIPS BY THE OFFICE OF ADMISSIONS WHEN THE SUBJECT IS RAISED. FINALLY THE GENERAL PUBLIC IS AWARE OF THE UNIVERSITY'S RACIAL NONDISCRIMINATION POLICY BECAUSE OF THE UNIVERSITY'S CLOSE ASSOCIATION WITH THE DIOCESE OF DALLAS. DATA IS AVAILABLE UPON REQUEST. SCHEDULE E, PART I, LINE 6A EXPLANATION OF GOVERNMENT FINANCIAL AID: THE UNIVERSITY RECEIVED ASSISTANCE FOR STUDENT FINANCIAL AID FROM THE US DEPARTMENT OF EDUCATION IN THE FORM OF: SUBSIDIZED AND UNSUBSIDIZED DIRECT LOANS, PARENTS AND GRADUATE PLUS LOANS, COLLEGE WORK STUDY, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS (SEOG), HEERF AND PELL GRANTS. ADDITIONAL ASSISTANCE WAS RECEIVED FROM THE TEXAS HIGHER EDUCATION COORDINATION BOARD IN THE FORM OF TEXAS EQUALIZATION GRANTS AND COLLEGE ACCESS LOANS. TSBPA SCHOLARSHIPS ARE PROVIDED FOR THE FIFTH YEAR ACCOUNTING STUDENTS NEEDING FINANCIAL ASSISTANCE. Europe (Including Iceland and Greenland) 1 25 Program Services ROME CAMPUS 2492290 Europe (Including Iceland and Greenland) 0 0 Unrelated Trade or Business 41926 Central America and the Caribbean 0 0 Investments 4074921 1 25 1 25 6609137 6609137 true false false true false false X true American Philanthropic 119 N High Street West Chester PA 19380 direct mail consulting false 1231978 281850 950128 The giving crowd 15707c Coit Rd Dallas TX 75248 consulting false 0 13500 0 1231978 295350 950128 TX true CHURCH OF THE INCARNATION 1750 NORTHGATE DR IRVING TX 75062 756248067 501(C)(3) 79145 General Community Abel Speaks 7616 LBJ Freeway Suite 730 Dallas TX 75251 822640505 501(c)(3) 11040 GENERAL COMMUNITY Corpus Christi Hope House 3226 Reid Dr Corpus Christi TX 78404 742480299 501(c)(3) 11490 GENERAL COMMUNITY SUPPORT Low Birth Weight Developement Cente 345 Calumet Ave Dallas TX 75211 752410730 501(c)(3) 15000 GENERAL COMMUNITY Scotty's House Brazos Valley Child 2424 Kent Street Bryan TX 77802 742650616 501(c)(3) 11040 GENERAL COMMUNITY St Jude's Ranch for Children - Tex 1400 Ridge Creek Ln Bulverde TX 78163 742469139 501(c)(3) 11490 GENERAL COMMUNITY The Boethius Institute 603 N 8th St Estherville IA 51334 921665221 Corporation 24043 GENERAL COMMUNITY 6 1 SCHOLARSHIP - UD AWARDS 3555 45383521 SCHOLARSHIP - TEG GRANTS 373 1465140 SCHOLARSHIP - NATIONAL MERIT 20 403864 SCHOLARSHIP - S EOG GRANT 148 218679 SCHEDULE I, PART I, LINE 2 PROCEDURE FOR MONITORING USE OF GRANTS: ALL GRANT FUNDS ARE DETERMINED AND AWARDED BY THE OFFICE OF ENROLLMENT MANAGEMENT AND STUDENT FINANCIAL AID CONSISTENT WITH THE UNIVERSITY'S POLICIES AS WELL AS FEDERAL AND STATE GUIDELINES. GRANTEES MUST MAINTAIN PREDETERMINED ACADEMIC LEVELS IN ORDER TO QUALIFY FOR SUBSEQUENT GRANTS. THE UNIVERSITY OFTEN RECEIVES CONTRIBUTIONS FROM THE PUBLIC WITH THE INTENT TO BE GIVEN TO THE CHURCH. THE UNIVERSITY DOES NOT MONITOR THE USE OF ANY ASSISTANCE GIVEN DUE TO THE NATURE OF THE DONATIONS. X X X true true X X X X false false false false false false false false false JONATHAN SANFORD PRESIDENT 380072 0 0 0 69528 0 21350 0 32777 0 503727 0 0 0 Tammy Leonard Interim Provost End: 5/22 167249 0 0 0 14534 0 10416 0 14542 0 206741 0 0 0 Susan Rhame Interim Dean Coll of Bus 154435 0 0 0 396 0 11080 0 6008 0 171919 0 0 0 Rich Olenick Prof, Physics, Const College 149668 0 0 0 1236 0 9538 0 9822 0 170264 0 0 0 Scott Wysong Assoc Prof, Marketing, COB 147696 0 0 0 184 0 8662 0 24178 0 180720 0 0 0 Ben Dilla Assi Prof, Management, COB 144672 0 0 0 1014 0 6944 0 9038 0 161668 0 0 0 Brian Murray Assoc Prof, Management, COB 163569 0 0 0 138 0 10956 0 8913 0 183576 0 0 0 John Plotts Executive Vice President 289724 0 10000 0 978 0 20620 0 11700 0 333022 0 0 0 Heather Lachenauer VP Board & Legal/Gen Counsel 251163 0 0 0 90 0 17877 0 11077 0 280207 0 0 0 Kris Munoz-Vetter VP Advancement 184654 0 0 0 858 0 13457 0 32673 0 231642 0 0 0 Robert Watling VP, Finance/CFO 212931 0 0 0 90 0 14975 0 3959 0 231955 0 0 0 Brett Landry Dean College of Bus End: 6/22 166555 0 0 0 27579 0 11688 0 3143 0 208965 0 0 0 Philip Harold Dean Constantin College 155343 0 0 0 60 0 11424 0 34301 0 201128 0 0 0 Peter Hatlie VP/Dean Rome Campus 156643 0 0 0 396 0 11446 0 25344 0 193829 0 0 0 Joshua Parens Dean grad school end: 12/22 113584 0 0 0 12590 0 8372 0 27030 0 161576 0 0 0 J Lee Whittington Professor, Management, COB 164190 0 0 0 396 0 11523 0 28978 0 205087 0 0 0 Greg Bell Assoc Dean, College of bus 185727 0 0 0 138 0 11034 0 217 0 197116 0 0 0 SCHEDULE J, PART I, LINE 1A BENEFITS PROVIDED TO PERSONS LISTED ON THE 990: THE UNIVERSITY, AS PART OF ITS EXECUTIVE COMPENSATION PROCESS, HAS AGREED TO PAY CERTAIN COSTS SUCH AS HOUSING, AUTOMOBILE, COMPANION TRAVEL AND SOCIAL CLUB DUES AND INCLUDES THESE PAYMENTS IN THE EXECUTIVE'S COMPENSATION AS TAXABLE INCOME. THE INDIVIDUALS AUTHORIZED TO RECEIVE SUCH PAYMENTS ARE ISOLATED TO SENIOR OFFICER SUCH AS THE PRESIDENT, EXECUTIVE VICE PRESIDENT EXTERNAL AFFAIRS, AND VICE PRESIDENT OF ADVANCEMENT. NA N/A 109260 Scholarships financial assistance X 5 145366 STOCK EXCHANGE false true false SCHEDULE M, PART I, LINE 9(B) NUMBER OF CONTRIBUTIONS OR ITEMS CONTRIBUTED: THE AMOUNT REPORTED REFLECTS THE NUMBER OF CONTRIBUTORS. SCHEDULE M, PART I, LINE 9(D) METHOD OF DETERMING NONCASH CONTRIBUTION AMOUNTS: THE AMOUNT OF THE GIFT IS EQUAL TO THE AVERAGE OF THE STOCKS HIGH AND LOW VALUE ON THE DAY OF THE GIFT AS MEASURED ON THE STOCK EXCHANGE. FORM 990, PART I, LINE 1 DESCRIPTION OF ORGANIZATION MISSION: (CONTINUED FROM PAGE 1) ... THE UNIVERSITY SEEKS TO EDUCATE ITS STUDENTS SO THEY MAY DEVELOP THE INTELLECTUAL AND MORAL VIRTUES, PREPARE THEMSELVES FOR LIFE AND WORK IN A PROBLEMATIC AND CHANGING WORLD, AND BECOME LEADERS ABLE TO ACT RESPONSIBLY FOR THEIR OWN GOOD AND FOR THE GOOD OF THEIR FAMILY, COMMUNITY, COUNTRY, AND CHURCH. FORM 990, PART III, LINE 4B CONSTANTIN COLLEGE OF LIBERAL ARTS: (CONTINUED FROM PART III) ... The majors are built upon the core and invite students to disciplined inquiry into fundamental aspects of being and of our relation to God, to nature and to fellow human beings. The curriculum as a whole seeks to enable students to achieve the knowledge of nature and the understanding of the human condition necessary for them to comprehend the fundamental character of the world in which they are called to live and work. FORM 990, PART III, LINE 4C BRANIFF GRADUATE SCHOOL: (CONTINUED FROM PART III)... These programs seek to enable students to acquire the knowledge and skills necessary for work in particular fields and to understand the principles of learning and the virtues of mind and heart which are constitutive of excellence in their life's work. FORM 990, PART III, LINE 4D OTHER PROGRAM EXPENSES: During the fiscal year 2023, several institutes were opened at the University of Dallas underneath the umbrella of Centers and Institutes. The primary purpose of these centers and institutes is to extend the University of Dallas' core mission - the pursuit of wisdom, of truth and of virtue and share the vision of the University with the world at large. The institutes that comprise the Centers and Institutes are as follows: - Ann and Joe O. Neuhoff Institute for Ministry and Evangelization - the Institute offers a wide range of continuing education programs For adults interested in in-depth exploration of their faith as well as a deacon formation program. - Donald and Louise Cowan Center - the Center houses, contextualizes and presents texts and information pertaining the writings, thought and teachings of Donald A. and Louise Cowan. - Saint Ambrose Center - includes spreading the principles and pedagogy of Classical Education to form educators and master teachers. Within Saint Ambrose there is the Classical Education Graduate Program and the K-12 Curriculum and Professional Development Project. The Classical Education Graduate Program forms teachers and administrators committed to recovering and renewing the Classical Education tradition. The K-12 Curriculum and Professional Development project, serves teachers, educational leaders, parents, schools and communities by partnering together to strive for greater excellence in teaching and learning. - Studies in Catholic Faith and Culture - provides an intellectual formation that encompasses the breadth and depth of human culture by exploring the history, traditions and works that have shaped the Catholic inheritance, resulting in a deeply Christian portrait of the human person. - Institute for Homiletics - offers an array of preaching improvement opportunities and resources for Catholic clergy. In addition, there are several Partner Centers and Institutions. Included as partners are the Associations or Core Texts and Courses, Center for Christianity and the Common Good, Center for Thomas More Studies, Dallas Forum on Law, Politics, and Culture, Dallas Medieval Texts and Translations, Dallas Goethe Center, Leo XIII Center for Philosophy and Social Issues and the North Texas Heidegger Symposium. FORM 990, PART VI, SECTION A, LINE 1A DELEGATION OF AUTHORITY: THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE BISHOP OF THE ROMAN CATHOLIC DIOCESE OF DALLAS, THE PRESIDENT OF THE UNIVERSITY, THE BOARD CHAIR, THE VICE CHAIR, THE CHAIR OF ALL THE STANDING COMMITTEES AND TWO (2) AT LARGE VOTING MEMBERS OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE SHALL EXERCISE THE POWERS OF THE BOARD OF TRUSTEES IN THE INTERIM BETWEEN BOARD MEETINGS EXCEPT THAT, UNLESS SPECIFICALLY EMPOWERED BY THE BOARD TO DO SO, IT MAY NOT SELL OR ALIENATE THE UNIVERSITY LAND, ALTER BYLAWS, OR APPOINT OR REMOVE THE PRESIDENT OF THE UNIVERSITY OR A MEMBER OF THE BOARD OF TRUSTEES. ALL DECISIONS OF THE COMMITTEE SHALL BE BY MAJORITY VOTE OF THE PARTICIPATING COMMITTEE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW FORM 990: THE FINANCIAL INFORMATION AND SUPPORTING DOCUMENTATION FOR FORM 990 ARE PROVIDED TO THE UNIVERSITY'S TAX ACCOUNTANTS FOR REVIEW AND PREPARATION. A DRAFT OF THE 990 IS REVIEWED BY MANAGEMENT STAFF AND THE CFO AND IS THEN SUBMITTED TO THE AUDIT COMMITTEE FOR THEIR REVIEW. FOLLOWING THE AUDIT COMMITTEE REVIEW, THE FORM 990 IS ELECTRONICALLY SUBMITTED TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PROCESS USED TO MONITOR AND ENFORCE COMPLIANCE WITH CONFLICT OF INTEREST POLICY: THE UNIVERSITY OBTAINS DOCUMENTATION ON AN ANNUAL BASIS from All employees Director level and above, as well as certain key employees and Board members REGARDING POSSIBLE CONFLICTS OF INTEREST. TO THE EXTENT A TRUSTEE HAS A CONFLICT, THAT INDIVIDUAL IS NOT ALLOWED TO VOTE ON ANY ISSUE REGARDING THE ITEM IN CONFLICT. FORM 990, PART VI, SECTION B, LINES 15A & 15B PROCESS FOR DETERMINING COMPENSATION: THE UNIVERSITY COLLECTS WAGE AND BENEFIT INFORMATION ON UNIVERSITIES OF SIMILAR SIZE AND STATURE FOR THE PRESIDENT AND OTHER SELECTED OFFICER POSITIONS BASED ON THE INFORMATION IN THE SURVEYED SCHOOLS' FORM 990. THE UNIVERSITY ALSO COLLECTS ANNUAL WAGE AND COMPENSATION INFORMATION FROM THE ANNUAL COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION (CUPA) SURVEY FOR USE IN SALARY DETERMINATIONS. BASED ON THESE SURVEYS, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES APPROVES CHANGES TO THE SALARIES OF DEANS AND ABOVE. RECOMMENDED CHANGES MADE BY THE EXECUTIVE COMMITTEE TO THE PRESIDENT'S SALARY ARE REVIEWED BY THE FULL BOARD OF TRUSTEES. THE REVIEWS ARE DOCUMENTED IN THE EMPLOYEE FILES. AS additional Documentation, the Board signs the President's contract at the time of the review. FORM 990, PART VI, SECTION C, LINE 19 PROCESS USED TO MAKE DOCUMENTS AVAILABLE TO THE PUBLIC: THE UNIVERSITY DOES NOT MAKE AVAILABLE TO THE PUBLIC ITS FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY OR ITS GOVERNING DOCUMENTS. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS: PASS-THROUGH INCOME FROM K-1 $ (10,994) OTHER RECONCILING ITEM 369 ------------- TOTAL $ (10,625)