2023-05-10T16:22:40-05:00 2022-06-30 721202445 POSTLETHWAITE & NETTERVILLE ONE GALLERIA BLVD STE 2100 METAIRIE LA 70001 990 2021-07-01 720642832 UNIVERSITY OF HOLY CROSS UNIV 5043947744 4123 WOODLAND DRIVE NEW ORLEANS LA 70131 STANTON MCNEELY PRESIDENT 5043947744 2023-05-09 1 STANTON MCNEELY 999009999 GINA RACHEL P01216293 5048375990 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z STANTON MCNEELY 4123 WOODLAND DRIVE NEW ORLEANS LA 70131 47216368 0 X WWW.UHCNO.EDU X 1916 LA TO EDUCATE AND PROVIDE PUBLIC SERVICE TO ITS UNIVERSITY COMMUNITY. 24 24 253 24 0 0 1984711 2008866 24573448 23139704 5750958 807580 134016 765631 32443133 26721781 11734744 11534436 0 0 10416886 10847312 0 0 308136 6838478 7352363 28990108 29734111 3453025 -3012330 64850591 56455508 16133901 15505197 48716690 40950311 X THE UNIVERSITY OF HOLY CROSS, A CATHOLIC INSTITUTION OF HIGHER LEARNING, IS AN INCLUSIVE STUDENT-CENTERED LEARNING COMMUNITY FOCUSED ON ACADEMIC EXCELLENCE AND INNOVATIVE TEACHING. ROOTED IN THE TRADITIONS OF THE MARIANITES OF HOLY CROSS, THE UNIVERSITY IS COMMITTED TO EDUCATING THE MINDS AND HEARTS OF ITS STUDENTS THROUGH FREEDOM OF INQUIRY, THE PURSUIT OF TRUTH, AND COMPASSIONATE CARE FOR ALL. 0 0 12876862 11534436 SCHOLARSHIPS, GRANTS, & LOANS - FOR ACADEMIC YEAR 2022-2023, 82 STUDENTS RECEIVED SCHOLARSHIPS FROM UHC AND 75 STUDENTS RECEIVED SCHOLARSHIPS FROM PRIVATE SOURCES. MOST STUDENTS WERE AWARDED THE SCHOLARSHIPS ON THE BASIS OF ACADEMIC MERIT AND/OR UNMET FINANCIAL NEED. OTHERS WERE GRANTED AWARDS BASED ON ACADEMIC MERIT ONLY. A TOTAL OF 157 SCHOLARSHIPS IN THE AMOUNT OF $464,128 HAVE BEEN AWARDED ($287,088 FROM UHC SCHOLARSHIPS AND $177,040 FROM PRIVATE SOURCE SCHOLARSHIPS).FOR FISCAL YEAR 2022-2023, 735 STUDENTS WERE ABLE TO RECEIVE SOME FORM OF FINANCIAL AID. MANY STUDENTS WOULD NOT BE ABLE TO PURSUE A POST-SECONDARY EDUCATION WERE IT NOT FOR THE FINANCIAL AID PROGRAMS. THE UNIVERSITY PARTICIPATES IN THE TITLE IV FEDERAL CAMPUS BASED PROGRAMS AS WELL AS THE FEDERAL PELL GRANT PROGRAM AND DISADVANTAGED NURSING SCHOLARSHIPS.- 287 STUDENTS WERE ASSISTED AND ABLE TO RECEIVE $1,165,518 IN PELL GRANTS.- 658 STUDENTS RECEIVED $7,601,217 IN FEDERAL SUBSIDIZED AND UNSUBSIDIZED STAFFORD LOANS.- 56 STUDENTS RECEIVED $90,972 IN FEDERAL S.E.O.G.- 20 STUDENTS RECEIVED $42,212 IN FEDERAL WORK-STUDY GRANTS.- 123 STUDENTS RECEIVED $634,297 FROM THE LOUISIANA T.O.P.S. PROGRAM.- 55 STUDENTS RECEIVED $92,657 FROM LOUISIANA G.O. GRANTS.- AN ADDITIONAL $1,443,435 IN STUDENT AID WAS FROM VARIOUS OTHER AWARDS AND SCHOLARSHIPS, INCLUDING $1,249,788 OF FEDERAL EMERGENCY RELIEF FUNDING.UNIVERSITY OF HOLY CROSS WAS ABLE TO AWARD $11,534,436 IN STUDENT AID FROM INSTITUTIONAL, PRIVATE, STATE, AND FEDERAL SOURCES. 8456326 23139704 INSTRUCTIONAL SERVICES - PER SEMESTER, APPROXIMATELY 1,524 STUDENTS WERE SERVICED IN APPROXIMATELY 436 SPECIFIC COURSES OF STUDY IN 38 DEGREE PROGRAMS. ADDITIONALLY, INSTRUCTIONAL SERVICES WERE DELIVERED TO THE CIVIC COMMUNITY THROUGH EXTENT OUTREACH PROGRAMS. 1308509 792911 STUDENT SERVICES ENCOMPASSES VARIOUS SERVICES:THE REGISTRAR'S OFFICE PROVIDES PUBLICATIONS, COMPUTERIZED STUDENT RECORDS, AND OTHER ACADEMIC SERVICES TO PROSPECTIVE AND CURRENT STUDENTS.STUDENT SERVICES PROVIDES FUNDING FOR 5 PROFESSIONAL CLUBS.THE STUDENT GOVERNMENT ASSOCIATION OFFERS A MULTI-FACETED ARENA OF SOCIAL EVENTS AND ENTERTAINMENT ON AND OFF CAMPUS FOR STUDENTS.THE DIVISION OF STUDENT AFFAIRS FUNDS A HOST OF INTRAMURAL SPORTS AT THE UNIVERSITY, WHICH ARE AVAILABLE TO ALL STUDENTS.THE SECURITY OFFICE OVERSEES THE SECURITY OF THE CAMPUS AND PARKING LOTS.THE HURRICANE CAFE PROVIDES FOOD SERVICES TO ALL STUDENTS, FACULTY, AND STAFF.STUDENT SERVICES ALSO INCLUDES TRAVEL, WORKSHOPS AND SEMINARS IN ADDITION TO ADMINISTRATIVE SUPPLIES AND EQUIPMENT FOR STUDENT ORGANIZATIONS, ADMISSIONS AND RECRUITING STAFF OF THE UNIVERSITY.STUDENT SERVICES ALSO INCLUDES AN ON CAMPUS HEALTH OFFICE (PROVIDING ROUTINE HEALTH SERVICES AND FIRST AID), STUDENT ORGANIZATIONS FUNDING AND SUPPORT, STUDENT SPORTS SUPPORT FOR EQUIPMENT, ADMISSIONS AND RECRUITING STAFF OF THE UNIVERSITY. 237883 FACILITY, FINANCE, AND NON-INSTRUCTIONAL ACADEMIC SUPPORT 237883 22879580 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1701 0 1 253 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 5043947744 4123 WOODLAND DRIVE NEW ORLEANS LA 70131 MARTHA CASTILLO TRUSTEE 0.50 X 0 0 0 REV GREGORY P HAAKE CSC PHD TRUSTEE 0.50 X 0 0 0 KERN MAASS TRUSTEE 0.50 X 0 0 0 JAMIE B ROY TRUSTEE 0.50 X 0 0 0 MARIA PARDO HUETE TRUSTEE 0.50 X 0 0 0 CHRISTINE AUGUST GUILLORY TRUSTEE 0.50 X 0 0 0 BRYAN W FITZPATRICK TRUSTEE 0.50 X 0 0 0 DR DERECK J ROVARIS SR TRUSTEE 0.50 X 0 0 0 RACHEL VAN VOORHEES KIRSCHMAN TRUSTEE 0.50 X 0 0 0 SR RENE DAIGLE MSC TRUSTEE 0.50 X 0 0 0 SR ANN LACOUR MSC TRUSTEE 0.50 X 0 0 0 DR MARCO CLARK TRUSTEE 0.50 X 0 0 0 DR MONROE LABORDE TRUSTEE 0.50 X 0 0 0 FR CHARLES BENOIT OSB TRUSTEE 0.50 X 0 0 0 DR RAENELL BILLIOT HOUSTON TRUSTEE 0.50 X 0 0 0 GRAHAM M RALSTON CFA TRUSTEE 0.50 X 0 0 0 TERESA LAWRENCE TRUSTEE 0.50 X 0 0 0 DR TINA S HOLLAND TRUSTEE 0.50 X 0 0 0 SR KATERI BATTAGLIA MSC TRUSTEE 0.50 X 0 0 0 DR CALVIN MACKIE TRUSTEE 0.50 X 0 0 0 DR MIGNONNE C MARY TRUSTEE 0.50 X 0 0 0 JERRY BOLOGNA CECD CHAIR 0.50 X X 0 0 0 TODD MATHERNE VICE-CHAIR 0.50 X X 0 0 0 TROY TOUPS TREASURER 0.50 X X 0 0 0 DR STANTON MCNEELY PRESIDENT 40.00 X 205353 0 9208 CHRISTOPHER BUNDICK VP OF FINANCE 40.00 X 104377 0 5574 DR VICTORIA DAHMES PROVOST/VP OF ACAD. AFF. (THRU 9/21) 40.00 X 88452 0 4313 DR LISA SULLIVAN PROVOST/VP OF ACADEMIC AFFAIRS 40.00 X 82452 0 10984 DR PATRICIA PRECHTER DEAN 40.00 X 120702 0 10536 ANGELA RUIZ VP OF MISSION INTEGRATION/UNI. LIFE 40.00 X 104479 0 30708 705815 0 71323 4 0 1 0 EAB GLOBAL INC PO BOX 603519 CHARLOTTE NC 282603519 RECRUITING SERVICE 405681 RUPP MARKETING 4415 SHORES DR SUITE 203 METAIRIE LA 70006 ADVERTISING 363370 SAGE DINING SERVICES INC 1402 YORK RD LUTHERVILLE MD 21093 FOOD SERVICE 311830 ELLUCIAN COMPANY LP 62578 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 ERP 210701 BCICAPITAL MANAGEMENT GROUP 390 NORTH ORANGE AVE SUITE 2600 ORLANDO FL 32801 INVESTMENT MANAGEMENT 209352 8 116722 1463652 428492 2008866 TUITION AND FEES 611310 12355700 12355700 SCHOLARSHIPS - GOVERNMENT FUNDED 611310 10784004 10784004 23139704 338271 338271 20908348 20439039 469309 469309 469309 28268 116722 55548 -27280 -27280 ACADEMIC TRIP REVENUE 611310 394652 394652 FOOD SERVICES 611310 348636 348636 FOOD SCIENCE 611310 35286 35286 14337 14337 792911 26721781 23932615 0 780300 11534436 11534436 512051 162626 349425 8425402 6901458 1354889 169055 322409 266727 49699 5983 936409 752300 162041 22068 651041 514661 126846 9534 132202 132202 70900 70900 165851 165851 604192 460405 124787 19000 750041 301278 421932 26831 315744 51535 246830 17379 918097 66772 851325 1104821 201694 898793 4334 14557 11928 2629 109550 109550 632618 63262 569356 1091172 469204 611056 10912 43715 5893 37822 INSTRUCTIONAL SUPPLIES 474835 474835 FOOD SERVICE 387465 387465 BAD DEBT EXPENSE 239237 239237 NATURAL DISASTER CONTIN 82217 82217 215149 143551 48558 23040 29734111 22879580 6546395 308136 355791 0 3845342 4369995 83983 4482 711490 457457 107767 77385 40137682 11568026 29425512 28569656 29156994 22104624 1159606 868220 4106 3689 64850591 56455508 617312 661406 57190 10094 14318998 13844739 1140401 988958 16133901 15505197 X 33709118 28596177 15007572 12354134 48716690 40950311 64850591 56455508 -3012330 -4754049 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25108054 471888 -4111554 3485320 17983068 26938918 431172 93134 2355170 25108054 31094019 92125 400981 4648207 26938918 30576412 95504 1970232 1548129 31094019 32088414 147276 1988101 3647379 30576412 0.54000 0.34000 0.12000 0 0 1690420 1690420 34391548 7923544 26468004 4055714 3644482 411232 28569656 CAPITAL LEASE OBLIGATION 988958 988958 X 10463552 -4754049 128200 55548 -4570301 15033853 165851 11522077 11687928 26721781 18229931 128200 55548 183748 18046183 165851 11522077 11687928 29734111 PART V, LINE 4: OF THE END OF THE YEAR ENDOWMENT BALANCE, $7,779,260 IS PERMANENTLY RESTRICTED AND $2,632,314 IS TEMPORARILY RESTRICTED. THE EARNINGS ON $8,822,219 WILL HELP FUND PROFESSORSHIPS. THE EARNINGS ON $1,589,355 WILL BE USED FOR SCHOLARSHIPS. QUASI ENDOWMENTS BALANCE OF $7,571,494 HAVE THE FOLLOWING USES: - $7,571,494 IS FOR UNSPECIFIED PURPOSES, BUT IT IS USED FOR CURRENT OPERATIONS, PLANT AND EQUIPMENT, AND ACADEMICS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO THE PROVISIONS OF SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE CODE. GAAP PRESCRIBES RULES FOR THE RECOGNITION, MEASUREMENT, CLASSIFICATION, AND DISCLOSURE IN THE FINANCIAL STATEMENTS OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE UNIVERSITY'S TAX RETURNS. MANAGEMENT HAS DETERMINED THAT THE UNIVERSITY DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE UNIVERSITY'S TAX RETURNS WILL NOT BE CHALLEGED BY THE TAXING AUTHORITIES AND THAT THE UNIVERSITY WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALTIES, AND INTEREST AS A RESULT OF SUCH CHALLENGE. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, WOULD BE INCLUDED IN INTEREST EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 55,548. PART XI, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL SCHOLARSHIPS 738,073. SCHOLARSHIPS - GOVERNMENT FUNDED 10,784,004. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 55,548. PART XII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL SCHOLARSHIPS 738,073. SCHOLARSHIPS - GOVERNMENT FUNDED 10,784,004. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 UNIVERSITY OF HOLY CROSS PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON ALL EMPLOYMENT ADVERTISEMENTS. THE POLICY IS ALSO LISTED ON THE ORGANIZATION'S WEBSITE, STUDENT HANDBOOK, AND STUDENT APPLICATIONS. SCHEDULE E, PART I, LINE 6 GOVERNMENT FINANCIAL ASSISTANCE INCLUDES GOVERNMENT LOAN PROGRAMS AND GRANTS FROM THE FEDERAL GOVERNMENT, WHICH ARE PROVIDED FOR STUDENTS IN NEED OF FINANCIAL AID. NORTH AMERICA 0 0 FUNDRAISING - RECEIVED $24,893 CONTRIBUTION FROM CANADIAN ORGANIZATION 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART III ACCOUNTING METHOD: PRAYER BREAKFAST 29375 24667 4708 4547 1613 2862 DITTA SCHOLARSHIP DINNER 64865 56305 8560 21621 600 4336 1 50750 35750 15000 18761 1208 144990 116722 28268 23308 23234 600 8406 55548 -27280 1 SCHOLARSHIPS TO STUDENTS OF THE UNIVERSITY 892 11534436 PART I, LINE 2: PRIVATE GRANTS - THE UNIVERSITY FOLLOWS THE TERMS OF THE PROVIDER IN THE POSTING AND RELEASING OF GRANT FUNDS. FEDERAL GRANTS - THE UNIVERSITY FOLLOWS THE DEPARTMENT OF EDUCATION REGULATIONS TO ENSURE THAT GRANTS ARE UTILIZED APPROPRIATELY. THE NSLDS SYSTEM HELPS THE UNIVERSITY IDENTIFY ANY STUDENT THAT HAS BEEN POTENTIALLY AWARDED MORE THAN THEY ARE ELIGIBLE FOR. SCHEDULE I, PART III: QUALIFICATIONS TO RECEIVE PAYMENTS: GOVERNMENT GRANTS ARE AWARDED IN ACCORDANCE WITH APPROPRIATE FEDERAL REGULATIONS, SCHOLARSHIPS ARE BASED ON ACT TEST SCORES, ACADEMIC STANDING, AS SHOWN BY HIGH SCHOOL TRANSCRIPTS, AS WELL AS COMMUNITY INVOLVEMENT. GRANTS ARE AWARDED IN RECOGNITION OF THE QUALITY PAST ACADEMIC ACHIEVEMENT AT THE UNIVERSITY OF HOLY CROSS, FINANCIAL NEED AS DETERMINED BY THE SUBMISSION OF THE FREE APPLICATION FOR FEDERAL STUDENT AID, AND COMMUNITY INVOLVEMENT. 0 0 0 0 0 0 0 0 0 DR STANTON MCNEELY PRESIDENT 205353 0 0 0 0 0 2908 0 6300 0 214561 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE FORM 990, THE TAX RETURN IS REVIEWED BY THE V.P. FOR FINANCE. IT IS THEN FORWARDED TO THE CHAIR OF THE FINANCE COMMITTEE FOR REVIEW. THE UNIVERSITY OF HOLY CROSS ADMINISTRATION RESPONDS TO THE BOARD'S CONCERNS AND REVISES THE FORM AS NECESSARY. ONCE REVIEWED AND SUBMITTED TO THE IRS, A COPY OF THE FILED FORM 990 IS FORWARDED TO THE CHAIR OF THE FINANCE COMMITTEE FOR RECORD-KEEPING. FORM 990, PART VI, SECTION B, LINE 12C DURING THE FIRST BOARD OF TRUSTEES' MEETING OF EACH YEAR, THE UNIVERSITY'S CONFLICT OF INTEREST POLICY IS REVIEWED WITH ITS MEMBERS, AND THEY ARE ASKED TO SIGN A DOCUMENT DISCLOSING ANY CONFLICT OF INTEREST WITH UNIVERSITY BUSINESS MATTERS. IF A CONFLICT SHOULD ARISE, THE BOARD MEMBER WILL RECUSE HIMSELF OR HERSELF FROM VOTES RELATIVE TO THE AFFECTED SUBJECT MATTER. ANY DISCUSSION OF POTENTIAL CONFLICT AND RECUSALS ARE SUBSTANTIATED IN THE MINUTES OF THE BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 THE CURRENT PRESIDENT OF THE UNIVERSITY WAS CHOSEN BY THE GOVERNING BOARD. THE SALARY FOR THE POSITION WAS BASED UPON SALARIES PAID TO PRESIDENTS SERVING IN INSTITUTIONS COMPARABLE IN SIZE AND STRUCTURE. THE PRESIDENT'S COMPENSATION WAS APPROVED BY THE BOARD OF TRUSTEES AND DOCUMENTED IN A FULLY EXECUTED CONTRACT. THE PRESIDENT IS EVALUATED ON AN ANNUAL BASIS BY INDEPENDENT MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES. DOCUMENTATION OF THE SELECTION OF THE PRESIDENT AND THE CONTRACTED AMOUNT OF COMPENSATION IS RETAINED IN THE RECORDS OF THE SELECTION COMMITTEE AND IN BOARD MINUTES. FOR ALL OTHER EMPLOYEES, SALARIES ARE DETERMINED AT THE INITIAL POINT OF HIRING FOR THE POSITION PRIMARILY BASED UPON THE POSITION'S BUDGETED COMPENSATION. ADDITIONAL FACTORS ARE CONSIDERED, SUCH AS THE CREDENTIALS AND LEVEL OF EXPERIENCE THAT THE NEWLY HIRED EMPLOYEE BRINGS TO THE ORGANIZATION AND ANALYSIS OF SALARIES FOR THE SAME OR SIMILAR POSITIONS AT COMPARABLE INSTITUTIONS. ON AN ANNUAL BASIS, THE ESTABLISHED SALARY MAY BE ADJUSTED FOR THE INCREASE IN COST OF LIVING. DOCUMENTATION OF SALARY ANALYSIS IS RETAINED IN THE RECORDS OF THE SELECTION COMMITTEE AND WITHIN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL DATA ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES FROM THE PRIOR YEAR IN THE OVERSIGHT OR SELECTION PROCESSES FOR THE AUDIT THAT THE ORGANIZATION'S COMMITTEE USES.