2023-04-14T14:51:10-05:00 2022-05-31 160765486 LUMSDEN & MCCORMICK LLP 369 FRANKLIN STREET BUFFALO NY 14202 990 2021-06-01 160743150 ST BONAVENTURE UNIVERSITY STBO 7163752000 3261 WEST STATE ROAD ST BONAVENTURE NY 14778 H DANIEL HUNGERFORD CPA CGMA VP FOR FINANCE & ADMIN 7163752000 2023-04-14 1 H DANIEL HUNGERFORD CP XXX-XX-XXXX SARAH M HOPKINS P02010701 7168563300 2023-04-14 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JEFF GINGERICH PH D 3261 WEST STATE ROAD ST BONAVENTURE NY 14778 140455127 0 X WWW.SBU.EDU X 1858 NY CATHOLIC UNIVERSITY DEDICATED TO EDUCATIONAL EXCELLENCE IN THE FRANCISCAN TRADITION. 30 29 1324 1077 287350 0 17475869 18262540 89043636 91986044 4380768 6126699 4230892 6096536 115131165 122471819 40537074 41923940 0 0 38518068 40558008 16000 76000 3298835 23838501 31046665 102909643 113604613 12221522 8867206 233379665 222768900 40118342 30623057 193261323 192145843 X OUR COMMITMENT IS TO STUDENTS, STUDY AND SERVICE. FOUNDED IN 1858, ST. BONAVENTURE IS A CATHOLIC UNIVERSITY DEDICATED TO EDUCATIONAL EXCELLENCE IN THE FRANCISCAN TRADITION. WE ARE COMMITTED TO THE CONSTANT PURSUIT OF DISTINCTION IN OUR UNDERGRADUATE AND GRADUATE PROGRAMS, OUR INNOVATIVE LIBERAL ARTS CORE AND ALL OF OUR COURSES OF STUDY. 1 0 96044425 41923940 97772559 PROGRAM ACTIVITIES SUPPORT SBU'S EFFORTS TO FOSTER THE DEVELOPMENT OF KNOWLEDGEABLE, SKILLED, COMPASSIONATE AND ETHICAL INDIVIDUALS BY MENTORING STUDENTS WITHIN VITALLY ENGAGING LEARNING ENVIRONMENTS, EVER MINDFUL OF SUCH FRANCISCAN VALUES AS INDIVIDUAL DIGNITY, COMMUNITY INCLUSIVENESS, AND SERVICE TO OTHERS. PROGRAM EXPENSES INCLUDE INSTRUCTION FOR UNDERGRAD AND GRADUATE PROGRAMS, RESEARCH, HOUSING COSTS, FOOD SERVICE, ATHLETICS, SCHOLARSHIPS AND FINANCIAL AID. 96044425 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 1 1 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 185 0 1 1324 1 1 1 0 0 0 0 1 1 0 0 0 0 1 0 X 30 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X H DANIEL HUNGERFORD CPA CGMA 7163752000 3261 WEST STATE ROAD ST BONAVENTURE NY 14778 JOHN D SHEEHAN BOARD CHAIRMAN 2.00 X X 0 0 0 DEBORAH A HENRETTA BOARD VICE CHAIR 2.00 X X 0 0 0 MICHAEL E HILL BOARD SECRETARY 2.00 X X 0 0 0 DR JOSEPH ZIMMER ACTING PRESIDENT 40.00 X X 279634 0 17147 MICHAEL A ANDERSON BOARD MEMBER 2.00 X 0 0 0 STEVEN G BARRY BOARD MEMBER 2.00 X 0 0 0 JUDY BAUMGARTNER BOARD MEMBER 2.00 X 0 0 0 NORBERT A BENNETT BOARD MEMBER 2.00 X 0 0 0 LUKE H BROWN BOARD MEMBER 2.00 X 0 0 0 BR GEORGE CAMACHO OFM BOARD MEMBER 2.00 X 0 0 0 PIKAI CHIANG BOARD MEMBER 2.00 X 0 0 0 MICHAEL T FOSSACECA BOARD MEMBER 2.00 X 0 0 0 MARK R GIANNINY BOARD MEMBER 2.00 X 0 0 0 GERRY HELPER BOARD MEMBER 2.00 X 0 0 0 MICHAEL A HICKEY BOARD MEMBER 2.00 X 0 0 0 FR LINH N HOANG OFM PH D BOARD MEMBER 2.00 X 0 0 0 FR DANIEL P HORAN OFM BOARD MEMBER 2.00 X 0 0 0 LAURIE R KRUPA BOARD MEMBER 2.00 X 0 0 0 DR MOLLY F KULESZ-MARTIN PH D BOARD MEMBER 2.00 X 0 0 0 WILLIAM J LAWLEY JR BOARD MEMBER 2.00 X 0 0 0 CINDY ABBOTT LETRO BOARD MEMBER 2.00 X 0 0 0 KAYTE A MALIK BOARD MEMBER 2.00 X 0 0 0 KRISTAN K MCMAHON BOARD MEMBER 2.00 X 0 0 0 REV KEVIN J MULLEN OFM BOARD MEMBER 2.00 X 0 0 0 RICHARD A PENNA BOARD MEMBER 2.00 X 0 0 0 REV JOHN E PUODZIUNAS OFM BOARD MEMBER 2.00 X 0 0 0 CAROL A SCHUMACHER BOARD MEMBER 2.00 X 0 0 0 ANN L SWAN BOARD MEMBER 2.00 X 0 0 0 HON JAMES T WALSH BOARD MEMBER 2.00 X 0 0 0 KEVIN WATKINS MD BOARD MEMBER 2.00 X 0 0 0 H DANIEL HUNGERFORD VP FOR FINANCE AND ADMIN 40.00 X 244807 0 29292 KATHRYN D O'BRIEN VP FOR STUDENT AFFAIRS 40.00 X 181168 0 8942 DR DAVID HILMEY ACTING PROVOST AND VP FOR ACADEMIC AFFAIRS 40.00 X 133679 0 30286 JOSEPH MANHERTZ DIRECTOR OF INTERCOLLEGIATE ATHLETICS 40.00 X 60394 0 0 ROBERT VAN WICKLIN VP FOR UNIVERSITY ADVANCEMENT 40.00 X 195475 0 9712 BERNARD VALENTO VP FOR ENROLLMENT MANAGEMENT 40.00 X 183032 0 26245 DR MATRECIA JAMES DEAN - SCHOOL OF BUSINESS 40.00 X 232759 0 19712 JESSIE FLEMING WOMEN'S HEAD BASKETBALL CO 40.00 X 165765 0 15589 MARK SCHMIDT MEN'S HEAD BASKETBALL COAC 40.00 X 1012697 0 57122 DR DOUGLAS J PISANO DEAN - SCHOOL OF HEALTH PR 40.00 X 205865 0 28196 DR MICHAEL J FISCHER PROFESSOR - ACCOUNTING 40.00 X 160377 0 18622 3055652 0 260865 36 0 1 0 KEYPATH EDUCATION LLC 1933 N MEACHAM RD SUITE 400 SCHAUMMBURG IL 60173 ENROLLMENT MANAGEMENT 4534521 CHARTERSEARCH 4 ARLINGTON PLACE HAVERHILL MA 01830 TRAVEL 668678 TK NYS SOLAR HOLDCO LLC PO BOX 715040 CINCINNATI OH 45271 ELECTRIC POWER SERVICES 588336 BOND SCHOENECK & KING PLLC 200 DELAWARE AVENUE BUFFALO NY 14202 LEGAL 544145 PINCKNEY HUGO GROUP LLC 760 W GENESEE STREET SYRACUSE NY 13204 MARKETING SUPPORT SERVICES 386114 8 5577744 12684796 1550920 18262540 TUITION AND FEES 611710 77474070 77474070 RESIDENCE HALL 721000 12033182 12033182 FOOD SERVICE/DINING 722210 2360317 2360317 BOOK STORE 451211 118475 118475 91986044 677275 677275 23366981 65751 17894886 88422 5472095 -22671 5449424 -22671 5472095 OTHER AUXILIARY ACTVITIES 611710 879067 612447 266620 PASSED THROUGH PARTNERSHIPS 900003 20730 20730 5196739 5196739 6096536 122471819 97772559 287350 6149370 40902194 40902194 1021746 1021746 1438530 1224007 214523 30941291 25893055 3625559 1422677 1926716 1605365 236098 85253 4102597 3206339 675161 221097 2148874 1698161 342595 108118 76000 76000 6360969 3691667 2553182 116120 3737288 2843842 719609 173837 370068 281252 70313 18503 1489450 81895 1407555 1412982 1236270 83191 93521 88878 69638 13085 6155 708584 617202 83902 7480 4651572 4064535 538986 48051 525527 96024 424746 4757 ATHLETICS 2685103 2431093 254010 REPAIRS AND MAINTENANCE 1044450 249857 782108 12485 STUDENT ACTIVITIES 677222 669601 5465 2156 7294572 5384689 1221781 688102 113604613 96044425 14261353 3298835 23837781 19477330 6774544 5031759 5809082 3906631 406270 443735 198815382 90584812 103266069 108230570 46384817 42699033 45644246 41838900 1256856 1140942 233379665 222768900 6456811 5634150 5797755 6264895 13005000 13064668 6099110 694224 925000 0 7834666 4965120 40118342 30623057 X 86728840 105133563 106532483 87012280 193261323 192145843 233379665 222768900 X 8867206 -11926604 1943918 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 91483905 1616629 -5718242 2960907 1017262 83404123 69986599 4476725 21410869 2862266 1528022 91483905 70199983 2095332 939297 2666992 581021 69986599 70615349 1510281 1217666 2689024 454289 70199983 65163933 3617627 4866879 2431383 601707 70615349 0.10000 0.66000 0.24000 0 0 1496485 1496485 147421439 58483181 88938258 33442545 25976900 7465645 16454913 6124731 10330182 108230570 OTHER INVESTMENTS 41838900 F 41838900 STUDENT AND OTHER DEPOSITS 550452 POSTRETIREMENT HEALTH CARE BENEFITS OBLIGATION 98647 US GOVT GRANTS REFUNDABLE 1444395 ASSET RETIREMENT OBLIGATION 3194806 UNAMORTIZED BOND PREMIUM 778437 UNAMORTIZED DEBT ISSUANCE COSTS -1101617 4965120 112489133 -11926604 1964648 -9961956 122451089 20730 20730 122471819 113604613 0 113604613 0 113604613 PART III, LINE 1A: THE UNIVERSITY'S COLLECTIONS, WHICH CONSIST OF CONTRIBUTIONS RECEIVED SINCE THE UNIVERSITY'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE BALANCE SHEET. THE UNIVERSITY'S COLLECTIONS INCLUDE PAINTINGS, SCULPTURE, POTTERY, GLASS, WOODCARVINGS, DRAWINGS, AND OTHER WORKS. THE COLLECTIONS ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CURATORIAL PURPOSES. PART III, LINE 4: LOCATED ON THE CAMPUS OF THE UNIVERSITY, THE REGINA A. QUICK CENTER FOR THE ARTS HAS AS ITS MISSION TO OFFER BOTH THE UNIVERSITY COMMUNITY AND THE GENERAL PUBLIC A PROGRAM OF PROFESSIONAL, CULTURALLY DIVERSE ARTS EVENTS AND EXHIBITIONS OF THE HIGHEST ARTISTIC QUALITY REFLECTING THE VALUES OF THE UNIVERSITY AND ITS CURRICULUM. TO THAT END, THE CENTER COLLECTS, PRESERVES, EXHIBITS AND INTERPRETS HISTORIC AND CONTEMPORARY VISUAL ART AND CULTURAL ARTIFACTS AND MAINTAINS ACTIVE OUTREACH TO A WIDE COMMUNITY IN THE SECOND MOST UNDERDEVELOPED COUNTY IN NEW YORK STATE AND THE SIX CONTIGUOUS COUNTIES OF THE SOUTHERN TIER OF WESTERN NEW YORK AND NORTHERN PENNSYLVANIA. THE UNIVERSITY'S COLLECTIONS INCLUDE OVER 3,000 WORKS OF ART DATING FROM SEVERAL HUNDRED YEARS BEFORE THE BIRTH OF CHRIST INTO THE 21ST CENTURY, REPRESENTING EUROPEAN, AMERICAN, ASIAN AND MESOAMERICAN CULTURES. THE COLLECTIONS INCLUDE PAINTINGS, SCULPTURE, POTTERY, GLASS, WOODCARVINGS, DRAWINGS AND OTHER WORKS ON PAPER IN ALL PRINT MEDIA. AN INSTALLATION OF OVER 250 WORKS ARE ON PERMANENT DISPLAY AUGMENTED BY TEN OR MORE ADDITIONAL TEMPORARY EXHIBITIONS PRODUCED YEARLY FROM BOTH LOAN SOURCES AND THE UNIVERSITY'S OWN HOLDINGS. THE COLLECTIONS REFLECT THE UNIVERSITY'S MISSION THROUGH ITS BREADTH AND DEPTH. WE BELIEVE OUR HOLDINGS REPRESENT AN EXTRAORDINARY RESOURCE IN AN ECONOMICALLY CHALLENGED COMMUNITY WITH LITTLE ACCESS TO CULTURAL RESOURCES. PART V, LINE 4: ENDOWMENT FUNDS ARE AVAILABLE FOR SCHOLARSHIPS, QUICK ARTS CENTER, FRANCISCAN PROGRAMS, RESEARCH, ACADEMICS, ATHLETICS, TEACHING, AND OTHER PROGRAMS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ASSET RETIREMENT OBLIGATION 1,964,648. PART XI, LINE 4B - OTHER ADJUSTMENTS: PASSED THROUGH PARTNERSHIPS 20,730. 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 POLICY IS PUBLISHED IN PRINTED PAMPHLETS, CATALOGUES, BROCHURES, AND NEWSPAPER ADVERTISEMENTS. SCHEDULE E, PART I, LINE 6 SBU RECEIVES FUNDING FROM FEDERAL AND NEW YORK STATE AGENCIES FOR VARIOUS PROGRAMS AND STUDENT FINANCIAL ASSISTANCE. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS INVESTMENTS 12883814 0 0 0 0 0 0 12883814 0 12883814 SCHOLARSHIPS AND GRANTS PROVIDED AS FINANCIAL AID TO STUDENTS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 14 216675 APPLIED TO STUDENT ACCOUNTS SCHOLARSHIPS AND GRANTS PROVIDED AS FINANCIAL AID TO STUDENTS CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 5 68425 APPLIED TO STUDENT ACCOUNTS SCHOLARSHIPS AND GRANTS PROVIDED AS FINANCIAL AID TO STUDENTS EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 2 24688 APPLIED TO STUDENT ACCOUNTS SCHOLARSHIPS AND GRANTS PROVIDED AS FINANCIAL AID TO STUDENTS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 31 687582 APPLIED TO STUDENT ACCOUNTS SCHOLARSHIPS AND GRANTS PROVIDED AS FINANCIAL AID TO STUDENTS MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 2 24376 APPLIED TO STUDENT ACCOUNTS 1 0 1 1 1 0 PART I, LINE 2: GRANTS MADE TO INDIVIDUALS OUTSIDE OF THE U.S. ARE IN THE FORM OF SCHOLARSHIPS AND INSTITUTIONAL SUPPORT FOR STUDENTS ATTENDING THE UNIVERSITY. ACADEMIC AWARDS ARE MONITORED AT THE TIME OF ADMISSION. ALL STUDENTS ARE REVIEWED FOR ACADEMIC AWARD ELIGIBILITY. THE SAME CRITERIA IS USED FOR ALL STUDENTS, INTERNATIONAL OR NOT. IF STUDENTS ARE ELIGIBLE THEY ARE NOTIFIED ALONG WITH THIER OFFER OF ADMISSION. RENEWAL IS BASED, AMONG OTHER THINGS, ON CUMULATIVE GPA, RESIDENTIAL STATUS, ETC. PART III ACCOUNTING METHOD: X X X X X X X 1 GRAHAM-PELTON ASSOCIATES INC 39 BEECHWOOD ROAD SUMMIT NJ 07901 CAMPAIGN COUNSELING 0 0 76000 -76000 76000 -76000 NY 1 SCHOLARSHIPS FOR STUDENTS ATTENDING THE UNIVERSITY. 1718 40902194 PART I, LINE 2: ACADEMIC AWARDS ARE MONITORED AT THE TIME OF ADMISSION. ALL STUDENTS ARE REVIEWED FOR ACADEMIC AWARD ELIGIBILITY. THE SAME CRITERIA IS USED FOR ALL STUDENTS, INTERNATIONAL OR NOT. IF STUDENTS ARE ELIGIBLE THEY ARE NOTIFIED ALONG WITH THEIR OFFER OF ADMISSION. RENEWAL IS BASED, AMONG OTHER THINGS, ON CUMULATIVE GPA, RESIDENTIAL STATUS, ETC. ATHLETIC AWARDS ARE IN ADDITION TO ACADEMIC AWARDS AND ARE DETERMINED BASED ON THE SPORT, NCAA STANDARDS, INTERNAL FUNDS AVAILABILITY, AND NEGOTIATIONS BETWEEN THE COACH AND ATHLETE. X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 MARK SCHMIDT MEN'S HEAD BASKETBALL COAC 892911 0 70000 0 49786 0 40000 0 17122 0 1069819 0 0 0 DR JOSEPH ZIMMER ACTING PRESIDENT 196172 0 80000 0 3462 0 11257 0 5890 0 296781 0 0 0 H DANIEL HUNGERFORD VP FOR FINANCE AND ADMIN 198345 0 43000 0 3462 0 12231 0 17061 0 274099 0 0 0 DR MATRECIA JAMES DEAN - SCHOOL OF BUSINESS 232759 0 0 0 0 0 13538 0 6174 0 252471 0 0 0 DR DOUGLAS J PISANO DEAN - SCHOOL OF HEALTH PR 189865 0 10000 0 6000 0 11135 0 17061 0 234061 0 0 0 BERNARD VALENTO VP FOR ENROLLMENT MANAGEMENT 155032 0 28000 0 0 0 9123 0 17122 0 209277 0 0 0 ROBERT VAN WICKLIN VP FOR UNIVERSITY ADVANCEMENT 167475 0 28000 0 0 0 9712 0 0 0 205187 0 0 0 KATHRYN D O'BRIEN VP FOR STUDENT AFFAIRS 153168 0 28000 0 0 0 8942 0 0 0 190110 0 0 0 JESSIE FLEMING WOMEN'S HEAD BASKETBALL CO 160765 0 5000 0 0 0 9415 0 6174 0 181354 0 0 0 DR MICHAEL J FISCHER PROFESSOR - ACCOUNTING 142377 0 0 0 18000 0 1500 0 17122 0 178999 0 0 0 DR DAVID HILMEY ACTING PROVOST AND VP FOR ACADEMIC A 125679 0 8000 0 0 0 13164 0 17122 0 163965 0 0 0 A COUNTY OF CATTARAUGUS CRC 273458026 14946TBFO 2016-02-11 6904497 REFUNDING OF 2006 BOND 0 0 0 B COUNTY OF CATTARAUGUS CRC 273458026 14946TAP9 2014-05-29 10393724 DORMITORY RENOVATIONS AND DEFERRED MAINTENANCE 0 0 0 C COUNTY OF CATTARAUGUS CRC 273458026 2022-05-20 25000000 PLASSMANN RENOVATION, GRAD HOUSING, DEFERRED MAINTENCE 0 0 0 A 6904497 265523 2016 1 0 1 1 B 10393724 207874 10185850 2015 0 0 1 1 C 25000000 619668 24380332 2024 0 0 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 0 0 0 0 0 1 A 1 B 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: COUNTY OF CATTARAUGUS CRC DATE THE REBATE COMPUTATION WAS PERFORMED: 02/11/2022 ISSUER NAME: COUNTY OF CATTARAUGUS CRC DATE THE REBATE COMPUTATION WAS PERFORMED: 05/29/2022 3956 SCHOLARSHIP FINANCIAL AID X 72 1550920 FMV AT TIME OF GIFT X 226000 FMV AT TIME OF GIFT 0 1 0 FORM 990, PART III, LINE 2 SBU WELCOMED THEIR FIRST COHORT OF PHYSICIAN ASSISTANTS TO THE DENNIS R. DEPERRO SCHOOL OF HEALTH PROFESSIONS IN JANUARY 2021. THE NEW SCHOOL IS ANTICIPATED TO GROW TO OVER 500 STUDENTS IN BOTH GRADUATE AND UNDERGRADUATE PROGRAMS OVER THE NEXT FIVE TO SEVEN YEARS. ST. BONAVENTURE FUNDRAISED $17.5M FOR THE RENOVATION OF ST. FRANCIS HALL. THE RENOVATION ENCOMPASSED OVER 75,000 SQUARE FEET AND FEATURES STATE OF THE ART TECHNOLOGY AND LABS. ST. BONAVENTURE IS OFFERING THE FOLLOWING UNDERGRADUATE PROGRAMS IN THE SCHOOL: NURSING, HEALTH SCIENCES, AND PUBLIC HEALTH. GRADUATE PROGRAMS INCLUDE: PHYSICIANS ASSISTANT, OCCUPATIONAL THERAPY, MASTERS OF ENTRY TO PRACTICE IN NURSING, PUBLIC HEALTH, AND SPEECH PATHOLOGY COMING IN 2025. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS SUBJECT TO REVIEW BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO BEING FILED. IT IS ALSO MADE AVAILABLE ON THE TRUSTEES PORTAL FOR THE PERUSAL OF ALL TRUSTEES DURING THE PERIOD IN WHICH IT IS UNDER REVIEW, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES AND OFFICERS OF SBU ARE REQUIRED TO ADHERE TO A CONFLICT OF INTEREST POLICY. THE POLICY REQUIRES THAT ANY CONFLICTS ARE SELF-DISCLOSED AND ADDITIONAL CONFLICTS AND POTENTIAL CONFLICTS ARE MONITORED THROUGH THE VICE-PRESIDENTIAL OFFICES AND OFFICE OF THE PRESIDENT. WHEN A CONFLICT IS PRESENT AT THE BOARD LEVEL, THE TRUSTEE WILL ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 AN EXTERNAL COMPENSATION CONSULTING FIRM IS PERIODICALLY RETAINED TO ASSIST WITH ANALYSIS OF OFFICER COMPENSATION. THE FIRM REVIEWS OFFICER JOB DESCRIPTIONS AND ESTABLISHES A RECOMMENDED SALARY RANGE BASED ON RELEVANT BENCHMARK DATA. BENCHMARK DATA USED INCLUDES THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION SURVEY AND IT IS SUPPLEMENTED BY DATA IN SPECIFIC INDUSTRIES AND/OR LOCAL DATA. THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE DATA WITH THE FIRM AND SETS THE OFFICERS' COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS (INCLUDING POLICIES) ARE AVAILABLE TO THE PUBLIC UPON REQUEST THROUGH THE OFFICE OF VP FINANCE & ADMINISTRATION AND OFFICE OF THE PRESIDENT. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST THROUGH THE OFFICE OF VP FINANCE & ADMINISTRATION OF THE UNIVERSITY. FORM 990, PART XI, LINE 9: PASSED THROUGH PARTNERSHIPS -20,730. ASSET RETIREMENT OBLIGATION 1,964,648. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.