2025-05-15T10:21:19-05:00 2024-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 20 STANWIX STREET PITTSBURGH PA 15222 990 2023-07-01 251125048 LA ROCHE UNIVERSITY LARO 4123679300 9000 BABCOCK BOULEVARD PITTSBURGH PA 152375808 GLENN NATALI CHIEF FINANCIAL OFFICER 4123679300 2025-05-14 1 1 BRIAN R LENART EA P00289136 4126976400 2025-05-14 2023 2025-03-06 01:10:19Z CHRISTINA CLARK 9000 BABCOCK BOULEVARD PITTSBURGH PA 152375808 38988909 0 X WWW.LAROCHE.EDU X 1963 PA A CATHOLIC, LIBERAL ARTS BASED INSTITUTION OF HIGHER LEARNING. 27 26 335 15 0 0 847488 592681 36215364 36176999 141293 809471 1442047 1205950 38646192 38785101 10496692 11448791 0 0 15942025 15705473 0 0 619635 17909051 16506333 44347768 43660597 -5701576 -4875496 44623298 40276865 24423810 24171382 20199488 16105483 X LA ROCHE UNIVERSITY, A CATHOLIC INSTITUTION OF HIGHER LEARNING, FOUNDED AND SPONSORED BY THE CONGREGATION OF THE SISTERS OF DIVINE PROVIDENCE, FOSTERS GLOBAL CITIZENSHIP AND CREATES A COMMUNITY OF SCHOLARS FROM THE REGION, THE NATION AND AROUND THE WORLD.THE UNIVERSITY INTEGRATES LIBERAL ARTS AND PROFESSIONAL EDUCATION IN CREATIVE WAYS, EMPOWERING ALL MEMBERS OF OUR COMMUNITY TO BECOME LIFELONG LEARNERS, ACHIEVE SUCCESS IN THEIR CHOSEN CAREERS AND PROMOTE JUSTICE AND PEACE IN A CONSTANTLY CHANGING GLOBAL SOCIETY. 0 0 33145197 11448791 36176999 LA ROCHE HONORS THE TRADITIONS AND VALUES OF THE CHARISM OF THE SISTERS OF DIVINE PROVIDENCE BY CONTINUALLY STRIVING TO BE THE "BEST FOR THE WORLD AND BRING LIGHT TO EVERY SITUATION WE ENCOUNTER. LA ROCHE SEEKS TO MAKE EDUCATION TRULY ACCESSIBLE TO STUDENTS FROM ALL OVER THE WORLD AND PREPARE ALL STUDENTS TO BE SOCIALLY RESPONSIBLE GLOBAL CITIZENS. THROUGH UNMATCHED CURRICULAR AND CO-CURRICULAR OPPORTUNITIES, LA ROCHE INTENDS TO BE THE STUDENT-CENTERED HIGHER EDUCATION INSTITUTION OF CHOICE IN THE PITTSBURGH REGION. STUDENTS WILL RECEIVE A STRONG LIBERAL ARTS EDUCATION GROUNDED IN THE CATHOLIC TRADITION, WHILE ALSO DEVELOPING CAREER READY SKILLSETS THROUGH A MYRIAD OF APPLIED-LEARNING OPPORTUNITIES. QUALITY EDUCATION:LA ROCHE UNIVERSITY OFFERS ITS STUDENTS A HIGH VALUE EDUCATION WHICH BALANCES THE REALITY OF CAREER PREPARATION WITH THE ESSENTIALS OF A CLASSICAL LIBERAL ARTS CURRICULUM. THE CURRICULUM IS CHARACTERIZED BY A STRONG GLOBAL PERSPECTIVE, INTERDISCIPLINARY COURSES, AND SIGNATURE UNDERGRADUATE AND GRADUATE PROFESSIONAL PROGRAMS. THE FACULTY IS DIVERSE AND POSSESSES BOTH ACADEMIC AND PROFESSIONAL CREDENTIALS. IN KEEPING WITH THE GLOBAL COMPASS OF ITS MISSION, THE UNIVERSITY RECRUITS STUDENTS FROM BOTH ITS TRADITIONAL HOME BASE IN WESTERN PENNSYLVANIA, NUMEROUS OTHER STATES, AND MANY FOREIGN COUNTRIES. THE UNIVERSITY STRIVES TO ENROLL ACADEMICALLY SUPERIOR STUDENTS OF DIVERSE RELIGIOUS, ETHNIC, RACIAL, AND SOCIOECONOMIC BACKGROUNDS AND ENSURES THAT STUDENTS WITH LESSER PREPARATION ARE FURNISHED THE ASSISTANCE THEY NEED TO ENABLE THEM TO ACHIEVE ACADEMIC AND CAREER SUCCESS.LA ROCHE UNIVERSITY HAS AN ACADEMIC CULTURE THAT EMPHASIZES OUTCOMES BASED ASSESSMENT OF STUDENT ACHIEVEMENT. THE MORAL COMPONENT OF EDUCATION IS EMPHASIZED AND AN UNDERSTANDING OF THE CATHOLIC TRADITION AND OTHER RELIGIOUS TRADITIONS IS AVAILABLE TO THOSE STUDENTS WHO WISH TO EXPLORE THEIR FAITH IN AN ACADEMIC ENVIRONMENT.MISSION AND IDENTITY:LA ROCHE OFFERS HIGH-QUALITY EDUCATIONAL OPPORTUNITIES THAT REFLECT ITS CATHOLIC HERITAGE AND THE MISSION OF ITS FOUNDING AND SPONSORING CONGREGATION, THE CONGREGATION OF DIVINE PROVIDENCE, TO "CO-CREATE A WORLD OF COMPASSION, JUSTICE AND PEACE". THAT COMMITMENT TO PEACE AND JUSTICE PERMEATES ALL ASPECTS OF THE UNIVERSITY - SPIRITUAL, ACADEMIC, SOCIAL, INTERCULTURAL, AND COMMUNITY SERVICE. THAT COMMITMENT IS REFLECTED IN THE UNIVERSITY'S GLOBAL FOCUS, WHICH PROVIDES THE ENTIRE LA ROCHE COMMUNITY WITH THE OPPORTUNITY TO REACH ACROSS THE POLITICAL, CULTURAL, AND ECONOMIC DIVIDES AND WORK TOWARD BECOMING A TRUE GLOBAL COMMUNITY. STUDENT SUCCESS:THE SUCCESS OF OUR STUDENTS IS OF PARAMOUNT IMPORTANCE IN ALL THAT WE DO AT THE UNIVERSITY. WE ARE COMMITTED TO PROVIDING A LEARNING ENVIRONMENT WHICH IS CONDUCIVE TO ACADEMIC ACHIEVEMENT, ENHANCED BY AN OVERALL CAMPUS ENVIRONMENT THAT CONTRIBUTES TO THE MENTAL, PHYSICAL, SPIRITUAL AND EMOTIONAL DEVELOPMENT OF OUR STUDENTS. ALL THIS IS ACCOMPLISHED NOT ONLY THROUGH THE PROVISION OF APPROPRIATE RESOURCES, BUT ALSO THROUGH THE EXAMPLE AND CARING INTERACTION OF THE FACULTY, STAFF AND ADMINISTRATION, BOTH INSIDE AND OUTSIDE OF THE CLASSROOM.THE UNIVERSITY'S MISSION EMBODIES THE KEY ELEMENTS OF STUDENT SUCCESS. ONE IS THE ABILITY OF STUDENTS TO BECOME ACCOMPLISHED PRACTITIONERS IN THEIR CHOSEN FIELDS WHO ARE IMBUED WITH A LIFELONG THIRST FOR KNOWLEDGE. ANOTHER IS THE ABILITY FOR STUDENTS TO TRULY VIEW THEMSELVES AS CITIZENS OF A GLOBAL SOCIETY. FINALLY, STUDENT SUCCESS IS SEEN IN THE WOMEN AND MEN OF ALL AGES, FAITHS, NATIONALITIES AND BACKGROUNDS WHO, AFTER THEIR TIME AT THE UNIVERSITY, GO FORTH INTO THE WORLD SUFFUSED WITH A DESIRE TO PROMOTE PEACE AND JUSTICE WHEREVER THEY GO, AND WHO, IN SO DOING, CONTINUE TO DEMONSTRATE THAT LA ROCHE UNIVERSITY IS PREPARING STUDENTS WHO TRULY ARE THE BEST FOR THE WORLD.STEWARDSHIP OF RESOURCES:ADEQUATE RESOURCES ARE VITAL TO THE SUCCESS OF LA ROCHE UNIVERSITY. WE ARE COMMITTED TO UTILIZATION OF AVAILABLE RESOURCES IN A MANNER THAT ACHIEVES MAXIMUM EFFECTIVENESS FOR THE UNIVERSITY, ENSURING THE WISE AND EFFICIENT USE OF OUR RESOURCES WHILE RESPECTING THE LARGER ENVIRONMENT THROUGH SUSTAINABILITY.LA ROCHE'S INITIATIVES CLUSTER UNDER FOUR STRATEGIC THEMES DEFINED AS FOLLOWS:- ACADEMIC QUALITY AND DISTINCTION - LA ROCHE WILL BE A GROWING INSTITUTION OF DISTINCTION. WE WILL BE KNOWN FOR OUR ACADEMIC PROGRAMS, OUR FAR-REACHING INFLUENCES, THE QUALITY OF OUR FACULTY, AND THE ACADEMIC DEVELOPMENT OF OUR STUDENTS. THE GROWTH AND DEVELOPMENT OF THE FACULTY AND THE NEW PROGRAMS LA ROCHE DEVELOPS TO EDUCATE WELL-ROUNDED AND WORKFORCE-READY STUDENTS WILL WORK TO ENHANCE AND BROADEN OUR REPUTATION. - GLOBAL IDENTITY - BUILDING ON THE WORK ALREADY BEGUN, LA ROCHE UNIVERSITY WILL BE KNOWN FOR THE IMPACT IT HAS ON THE WORLD. STUDENTS AND FACULTY WILL HAVE AN UNMATCHED OPPORTUNITY FOR MULTICULTURAL EXPERIENCES BOTH ON CAMPUS AND ABROAD. OUR GRADUATES WILL ENTER THE WORLD WITH AN APPRECIATION OF JUSTICE, PEACE, AND GLOBAL CITIZENSHIP FOUNDATIONAL VALUES OF THE DIVINE PROVIDENCE CHARISM. - TRANSFORMATIVE EXPERIENCES - LA ROCHE UNIVERSITY WILL BE A COMMUNITY THAT TRANSFORMS STUDENTS AND PREPARES THEM FOR LIFE AFTER UNIVERSITY. STUDENTS OF ALL BACKGROUNDS WILL EXPERIENCE A WELCOMING ENVIRONMENT CONSISTENT WITH OUR FOUNDATIONAL VALUES. STUDENTS WILL BE ENCOURAGED, ENRICHED, AND ENGAGED IN AND OUT OF THE CLASSROOM. GRADUATION RATES AND RETENTION RATES WILL INCREASE AND STUDENTS WILL LEAVE LA ROCHE AS TRANSFORMED INDIVIDUALS AND AS COMMITTED ALUMNI.- STRATEGIC AND MANAGED GROWTH - LA ROCHE UNIVERSITY WILL BE A LARGER CAMPUS SERVING DIVERSE STUDENTS AND THE WORLD. UTILIZING TECHNOLOGY AND RECOGNIZING CHANGING DEMOGRAPHICS OF UNIVERSITY LEARNERS WILL BE CRITICAL TO ENSURING THE GROWTH OF THE UNIVERSITY. RESOURCES FOR THE UNIVERSITY WILL BE ENHANCED THROUGH ENROLLMENT GROWTH, FUNDRAISING, AND THE DEVELOPMENT OF FACILITIES. 33145197 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 1 0 0 0 1 689 0 335 1 0 0 0 0 0 0 0 0 0 0 0 0 X 27 26 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X GLENN NATALI CFO 4123679300 9000 BABCOCK BOULEVARD PITTSBURGH PA 15237 HOWARD J ISHIYAMA PHD PROVOST/ACTING PRESIDENT 40.00 1.00 X X 212361 0 3205 JAMES E WEISGERBER PHD VP ENROLLMENT MANAGEMENT 40.00 1.00 X 115338 0 36864 MICHELE HUFNAGEL VP ADVANCEMENT 40.00 X 142429 0 1151 ROSEMARY D MCCARTHY ASSOCIATE PROFESSOR 40.00 X 125338 0 12655 COLLEEN C RUEFLE VP STUDENT LIFE/DEAN 40.00 1.00 X 128274 0 2566 SHEILA K MUELLER PROFESSOR 40.00 X 117129 0 11783 JEAN C FORTI PROFESSOR 40.00 X 110555 0 12628 GLENN NATALI CFO 40.00 X 65426 0 15425 KAREN WILLOUGHBY SECRETARY/EXEC ADMIN ASSISTANT 40.00 1.00 X 30632 0 9201 SR CANDACE INTROCASO CDP PHD PRESIDENT UNTIL 5/22/23 40.00 1.00 X 34468 0 4783 CHRISTINA CLARK PRESIDENT AS OF 7/1/24 40.00 1.00 X 0 0 0 ROBERT KNIGHT INTERIM CFO (01/2023-06/2023 40.00 1.00 X 0 0 0 DIONE L GRASWICK CHAIR 5.00 1.00 X X 0 0 0 LYLE D ALBAUGH VICE CHAIR 5.00 1.00 X X 0 0 0 SR MICHELE BISBEY TRUSTEE 5.00 1.00 X 0 0 0 SR JUDITH CONNOR TRUSTEE 5.00 1.00 X 0 0 0 MALESIA DUNN TRUSTEE 5.00 1.00 X 0 0 0 SR PATRICIA EECKHOUT TRUSTEE 5.00 1.00 X 0 0 0 RALPH A FALBO JR TRUSTEE 5.00 1.00 X 0 0 0 JACLYN FAULDS TRUSTEE 5.00 1.00 X 0 0 0 SR PEG ALBERT TRUSTEE 5.00 1.00 X 0 0 0 PAUL GLEASON TRUSTEE 5.00 1.00 X 0 0 0 ERNESTINE HARRIS TRUSTEE 5.00 1.00 X 0 0 0 SUSAN E HOOLAHAN TRUSTEE 5.00 1.00 X 0 0 0 MICHAEL D KENITZ TRUSTEE 5.00 1.00 X 0 0 0 SR ALICE MARIE LYON TRUSTEE 5.00 1.00 X 0 0 0 SR KATHLEEN MATZ TRUSTEE 5.00 1.00 X 0 0 0 SR MARY MICHAEL MCCULLA CDP TRUSTEE 5.00 1.00 X 0 0 0 BARRY MELNKOVIC TRUSTEE 5.00 1.00 X 0 0 0 SR BERTSHABE PALOMINO TRUSTEE 5.00 1.00 X 0 0 0 CYNTHIA B PICCIRILLI MD TRUSTEE 5.00 1.00 X 0 0 0 SUSAN RAUSCHER TRUSTEE 5.00 1.00 X 0 0 0 SUSAN RENDA TRUSTEE 5.00 1.00 X 0 0 0 ANTHONY F ROCCO TRUSTEE 5.00 1.00 X 0 0 0 GREGORY K SIMAKAS CIMA TRUSTEE 5.00 1.00 X 0 0 0 RAY ZIPAY TRUSTEE 5.00 1.00 X 0 0 0 ANDRIENNE COOK TRUSTEE 5.00 1.00 X 0 0 0 VICTOR SICLARI ESQ TRUSTEE 5.00 1.00 X 0 0 0 1081950 0 110261 8 0 1 0 SYNERGIS EDUCATION 1201 S ALMA SCHOOL RD MESA AZ 85210 RECRUITING 2617398 SAGE DINING SERVICES INC 1402 YORK RD STE 100 LUTHERVILLE MD 21093 FOOD AND DINING 1735460 JENZABAR PO BOX 545588 BOSTON MA 022845588 SOFTWARE 834777 EAB PO BOX 603519 CHARLOTTE NC 282603519 RECRUITING 449453 ATI 62277 COLLECTIONS CTR DR CHICAGO IL 606930622 NURSING 361510 12 34955 167155 390571 30503 592681 TUITION AND FEES 611600 31393935 31393935 RESIDENCE HALL REVENUE 611600 4660246 4660246 DINING SERVICE REVENUE 611600 115059 115059 OTHER AUXILIARY SERVICE 611600 6075 6075 BOOKSTORE REVENUE 611600 1684 1684 36176999 687019 687019 164125 177676 -13551 -13551 -13551 115652 6800 0 0 115652 6800 122452 122452 37970 34955 26132 11838 11838 CONFERENCES 900099 246697 246697 CDP SERVICES 900099 229355 229355 SPECIAL PROGRAM FEES 900099 154308 154308 577303 577303 1207663 38785101 36176999 0 2015421 X 11448791 11448791 712528 712528 12062632 9677998 1987194 397440 147431 103769 36869 6793 1867628 1278550 565689 23389 915254 609028 275666 30560 138007 138007 91683 91683 71707 71707 4895116 1558219 3304014 32883 538941 12335 526606 330209 231786 60710 37713 540449 379362 137241 23846 1046266 1042366 1975 1925 235183 193959 38620 2604 1545746 1485221 60525 3095731 3007689 88042 244805 36846 207959 FOOD SERVICE 752141 527957 198566 25618 BAD DEBT 725847 0 725847 0 RECOGINITION AWARDS 613747 430812 182399 536 REPAIRS & MAINTENANCE 375864 232633 142466 765 1264891 887876 341452 35563 43660597 33145197 9895765 619635 1950 1950 2965376 1675867 72656 72250 1648905 1403129 143982 108451 280009 313815 79007546 58407870 22607578 20599676 10217579 13489461 2545362 260239 4139901 2352027 44623298 40276865 1002918 1383865 1587624 1590533 16975465 13500979 3830000 6936034 1027803 759971 24423810 24171382 X 15099563 11244316 5099925 4861167 20199488 16105483 44623298 40276865 -4875496 781491 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 12762941 74629 1213660 301530 13749700 12505244 31056 618934 392293 12762941 7401471 7033107 -1700459 228875 12505244 6125307 22539 1453134 199509 7401471 6068411 49925 205375 198404 6125307 0.72616 0.00000 0.27384 0 0 457938 457938 58934622 42473574 16461048 536978 536978 12163813 10048071 2115742 6914195 5886225 1027970 20599676 DEPOSITS WITH TRUSTEE 1908905 OTHER ASSETS 6998 RIGHT-OF-USE ASSETS 436124 2352027 STUDENT DEPOSITS 319605 CAPITAL LEASES 3819 U.S. GOVERNMENT GRANTS REFUNDABLE 423 OPERATING LEASE OBLIGATION 436124 759971 X 28249902 781491 -11520498 -10739007 38988909 -203808 -203808 38785101 32343907 203808 203808 32140099 11520498 11520498 43660597 PART III, LINE 4: THE ORGANIZATION'S COLLECTION IS LIMITED TO, AND CONSISTS PRIMARILY OF, RELIGIOUS ARTWORK IN SUPPORT OF OUR CATHOLIC IDENTITY. PART V, LINE 4: ENDOWMENT FUNDS MAY BE USED FOR SCHOLARSHIPS AND GENERAL SUPPORT OF OPERATIONS IN ACCORDANCE WITH THE SPENDING POLICY APPROVED BY THE BOARD OF TRUSTEES. PART X, LINE 2: THE UNIVERSITY ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE, WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THAT THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD AT JUNE 30, 2024 AND 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT AID NETTED AGAINST REVENUES ON FINANCIALS -11,448,791. INVESTMENT MANAGEMENT FEES NETTED AGAINST REVENUES ON FINANCIALS -71,707. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE -177,676. FUNDRAISING EXPENSE -26,132. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 177,676. FUNDRAISING EXPENSE 26,132. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID NETTED AGAINST REVENUES ON FINANCIALS 11,448,791. INVESTMENT MANAGEMENT FEES NETTED AGAINST REVENUES ON FINANCIALS 71,707. 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 UNIVERSITY ADMITS QUALIFIED STUDENTS OF ANY SEX, RACE, COLOR, HANDICAP, RELIGION, NATIONAL AND ETHNIC ORIGIN, VETERAN STATUS AND SEXUAL ORIENTATION TO ALL THE RIGHTS, PRIVILEGES, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE UNIVERSITY. LA ROCHE UNIVERSITY DOES NOT DISCRIMINATE IN THE ADMINISTRATION OF ITS EDUCATIONAL PROGRAMS, ADMISSION POLICIES AND PROCESSES, EMPLOYMENT PRACTICES, SCHOLARSHIP AND LOAN PROGRAMS, ATHLETIC AND OTHER UNIVERSITY-ADMINISTERED PROGRAMS. LA ROCHE UNIVERSITY'S NON-DISCRIMINATION POLICY IS ADMINISTERED IN ACCORDANCE WITH TITLE IX OF THE 1972 EDUCATIONAL AMENDMENTS AND ALL OTHER APPLICABLE FEDERAL AND PENNSYLVANIA STATUTES. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES AN INSTITUTIONAL ASSISTANCE GRANT FROM THE STATE OF PENNSYLVANIA ANNUALLY AND HAS RECEIVED FEDERAL AND STATE GRANTS OCCASIONALLY IN SUPPORT OF CONSTRUCTION PROJECTS AND ACADEMIC PROGRAMS. SCOTT LANG MEMORIAL GOLF CLASSIC 72925 34955 37970 10172 12026 3934 72925 34955 37970 10172 12026 3934 26132 11838 1 FINANCIAL AID 11448791 N/A N/A PART I, LINE 2: THE UNIVERSITY AWARDS FINANCIAL AID PRIMARILY BASED UPON ACADEMIC MERIT. THE FUNDS ARE AWARDED VIA ADHERENCE TO A MATRIX WHICH DETERMINES THE AMOUNTS BASED UPON GRADE POINT AVERAGE AND SAT SCORES. X X X 1 1 X X 0 0 0 0 0 0 0 0 0 HOWARD J ISHIYAMA PHD PROVOST/ACTING PRESIDENT 163261 0 0 0 49100 0 3205 0 0 0 215566 0 0 0 JAMES E WEISGERBER PHD VP ENROLLMENT MANAGEMENT 115338 0 0 0 0 0 2595 0 34269 0 152202 0 0 0 PART I, LINE 1A THE UNIVERSITY'S PRESIDENT, SISTER CANDACE INTROCASO, IS PROVIDED WITH A RESIDENCE FOR PERSONAL USE AND THE UNIVERSITY SATISFIES COSTS OF CLEANING. THE UNIVERSITY ALSO SATISFIES SOCIAL CLUB DUES IN HER NAME. THE PRESIDENT IS A MEMBER OF A RELIGIOUS ORDER AND IS NOT SUBJECT TO INCOME TAXES. THE ANNUAL VALUE OF HER HOME IS $30,345. THIS INCLUDES A MORTGAGE PAYMENT BASED UPON THE ORIGINAL COSTS INCURRED DURING CLOSING WITH A 30 YR. MORTGAGE AND A RATE OF 5.5%, AND COST OF INSURANCE COVERAGE. THIS DOES NOT INCLUDE PROPERTY TAXES AS THE OWNER (LA ROCHE UNIVERSITY) IS TAX-EXEMPT. THERE IS NO ESTIMATE OF UTILITY COSTS/ REPAIRS/ CLEANING AND LAWN SERVICE INCLUDED WHICH IS ALSO PAID BY THE UNIVERSITY. THE ANNUAL VALUE OF HER LEASED VEHICLE IS $7,555. THIS DOES NOT INCLUDE GASOLINE NOR ANY RELATED MAINTENANCE/ REPAIRS. A MCCANDLESS INDUSTRIAL DEVELOPMENT AUTHORITY SERIES 2022A 251349346 579394AB3 2022-08-11 18010000 REFINANCE EXISTING DEBT AND FUND CAPITAL PROJECTS 0 0 0 A 18010000 1693163 314420 14580366 1422051 2046 1 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 SUSAN E HOOLAHAN TRUSTEE 2056756 SEE PART V 0 SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: SUSAN E. HOOLAHAN(D) DESCRIPTION OF TRANSACTION: MS. HOOLAHAN IS PRESIDENT AT THE UPMC PASSAVANT HOSPITAL AND UPMC PROVIDES HEALTH AND WORKERS COMP INSURANCE TO LA ROCHE UNIVERSITY. ALL TRANSACTIONS ARE CARRIED OUT AT ARMS' LENGTH. X 4495 MARKET VALUE X 1 15890 MARKET VALUE X GIF CERTIFICATES/GIFT BASKETS 85 10118 MARKET VALUE 0 1 1 PART I, COLUMN (B): THE NUMBER IN PART I, COLUMN B REPRESENTS THE TOTAL NUMBER OF CONTRIBUTORS. PART I, LINE 32B: LA ROCHE UNIVERSITY USES MORGAN STANLEY FINANCIAL ADVISORS TO SELL THE NON-CASH STOCK CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1A BETWEEN MEETINGS OF THE BOARD, THE EXECUTIVE COMMITTEE SHALL HAVE GENERAL SUPERVISION OF THE ADMINISTRATION AND PROPERTY OF THE UNIVERSITY EXCEPT THAT UNLESS SPECIFICALLY EMPOWERED BY THE BOARD TO DO SO, IT MAY NOT TAKE ANY ACTION INCONSISTENT WITH A PRIOR ACT OF THE BOARD, AWARD DEGREES, ALTER BYLAWS, LOCATE PERMANENT BUILDINGS ON TAX-EXEMPT PROPERTY HELD FOR UNIVERSITY PURPOSES, REMOVE OR APPOINT THE PRESIDENT OF THE UNIVERSITY, OR TAKE ANY ACTION WHICH HAS BEEN RESERVED FOR THE BOARD OR EXERCISE SUCH POWERS AS CANNOT BE DELEGATED BY APPLICABLE LAW. ALL EXECUTIVE COMMITTEE MEMBERS ARE MEMBERS OF THE BOARD OF TRUSTEES AND INCLUDE THE CHAIR, THE VICE CHAIR, THE CHAIR OF THE FINANCE COMMITTEE, THE CHAIR OF THE HUMAN RESOURCE COMMITTEE, THE CHAIR OF TRUSTEES COMMITTEE, THE CDP PROVINCIAL DIRECTOR, THE PRESIDENT AND A TRUSTEE AT-LARGE. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE PROVINCIAL COUNCIL OF THE SISTERS OF DIVINE PROVIDENCE HAVE RESERVED POWERS, E.G., TO ACCEPT OR REJECT A PRESIDENTIAL NOMINEE, APPROVE SALE OR DISTRIBUTION OF ASSETS, ETC. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED INITIALLY BY THE UNIVERSITY'S CHIEF FINANCIAL OFFICER AND IS THEN PRESENTED TO THE AUDIT COMMITTEE OF THE BOARD FOR REVIEW AND APPROVAL. AN ELECTRONIC COPY OF THE RETURN IS THEN PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C THE SECRETARY TO THE BOARD/GENERAL COUNSEL ANNUALLY COMPILES, MAINTAINS, AND SCREENS A LIST OF POTENTIALLY CONFLICTED ENTITIES AND INDIVIDUALS, INCLUDING BOARD MEMBERS AND KEY EMPLOYEES FOR POSSIBLE CONFLICTS OF INTEREST. THE UNIVERSITY TAKES APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION IF A PERSON WHO IS COVERED BY THE CONFLICT OF INTEREST POLICY FAILS TO DISCLOSE AN ACUTAL OR POSSIBLE CONFLICT OF INTEREST. NO PERSON VOTES ON ANY MATTER UNDER CONSIDERATION AT A BOARD OR COMMITTEE MEETING IN WHICH SUCH PERSON HAS A CONFLICT OF INTEREST. THE MINUTES OF SUCH MEETING WILL REFLECT THAT A DISCLOSURE WAS MADE AND THAT THE PERSON HAVING A CONFLICT ABSTAINED FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES CONDUCTS AN ANNUAL REVIEW OF THE PRESIDENT, WHICH INCLUDES AN EVALUATION OF THE PRESIDENT'S COMPENSATION. CONSIDERATION IS GIVEN TO COMPENSATION LEVELS PROVIDED TO PRESIDENTS AT PEER INSTITUTIONS. DURING THE 2015 FISCAL YEAR, THE UNIVERSITY INTRODUCED A COMPENSATION PROGRAM WHICH CLASSIFIED EACH POSITION INTO A PAY GRADE AND COMPARED EACH PAY GRADE TO PEER INSTITUTIONS. A BENCHMARK HAS BEEN ESTABLISHED TO ASSESS EACH EMPLOYEE'S COMPENSATION IN FUTURE PERIODS. FORM 990, PART VI, SECTION C, LINE 19 ALL RELEVANT DOCUMENTS, INCLUDING THE CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 1,247,964. MANAGEMENT AND GENERAL EXPENSES 497,036. FUNDRAISING EXPENSES 32,883. TOTAL EXPENSES 1,777,883. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 91,145. MANAGEMENT AND GENERAL EXPENSES 38,702. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 129,847. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 27,107. MANAGEMENT AND GENERAL EXPENSES 11,510. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,617. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 54,761. MANAGEMENT AND GENERAL EXPENSES 23,253. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 78,014. VENDOR FEES: PROGRAM SERVICE EXPENSES 137,242. MANAGEMENT AND GENERAL EXPENSES 58,277. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 195,519. SYNERGIS FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,675,236. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,675,236. PACEM IN TERRIS INSTITUTE 9000 BABCOCK BOULEVARD PITTSBURGH PA 15237 251733322 PROVIDE STUDENT AID FOR HIGHER LEARNING PA 501(C)(3) LINE 12A, I N/A 0 CONGREGATION OF DIVINE PROVIDENCE 9000 BABCOCK BOULEVARD PITTSBURGH PA 15237 250965565 PROVIDE STUDENT AID FOR HIGHER LEARNING PA 501(C)(3) LINE 12A, I N/A 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 1 1 0 0