2022-03-14T09:05:00-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE SUITE 400 PLYMOUTH MEETING PA 19462 990 2020-07-01 231526668 CABRINI UNIVERSITY CABR 6109028415 610 KING OF PRUSSIA ROAD RADNOR PA 19087 JAMES E COOPER TREASURER AND VP FINANCE/ADMIN 6109028415 2022-03-10 1 JAMES COOPER 999009999 CONNIE M LIRA P00481097 2156433900 2022-03-10 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z DR DONALD TAYLOR 610 KING OF PRUSSIA ROAD RADNOR PA 19087 75755435 0 0928 X WWW.CABRINI.EDU X 1957 PA ACCREDITED RESIDENTIAL CATHOLIC INSTITUTION WELCOMING LEARNERS OF ALL FAITHS, CULTURES & BACKGROUNDS 22 21 976 194 7613 0 6482676 4297780 62572710 61443870 293527 2383127 688091 4936362 70037004 73061139 27244207 27215054 0 0 25838130 27429301 135318 91750 1570814 23620172 22921311 76837827 77657416 -6800823 -4596277 137934491 134382382 66294754 59558715 71639737 74823667 X SEE SCHEDULE O.EDUCATION OF THE HEART: CABRINI UNIVERSITY IS A CATHOLIC INSTITUTION OF HIGHER EDUCATION DEDICATED TO ACADEMIC EXCELLENCE, LEADERSHIP DEVELOPMENT, AND A COMMITMENT TO SOCIAL JUSTICE. THE UNIVERSITY WELCOMES LEARNERS OF ALL FAITHS, CULTURES AND BACKGROUNDS AND PREPARES THEM TO BECOME ENGAGED CITIZENS OF THE WORLD. 0 0 42850842 27215054 53005505 INSTRUCTION:CABRINI OFFERS MORE THAN 38 ACADEMIC MAJORS, SEVERAL PRE-PROFESSIONAL PROGRAMS AND CONCENTRATIONS, 39 MINORS AND NINE TEACHER CERTIFICATIONS TO UNDERGRADUATE STUDENTS. THE UNIVERSITY ALSO OFFERS GRADUATE, DOCTORAL, AND PROFESSIONAL PROGRAMS IN FACE-TO-FACE, ON-LINE, HYFLEX AND HYBRID MODALITIES. THE UNIVERSITY HAS BEEN A NATIONAL LEADER AMONG HIGHER EDUCATION INSTITUTIONS IN INTEGRATING WORK FOR SOCIAL JUSTICE INTO A COLLEGE EDUCATION.DURING THE 2020-21 ACADEMIC YEAR, CABRINI ENROLLED APPROXIMATELY 1,500 UNDERGRADUATE STUDENTS AND 500 GRADUATE STUDENTS. MORE THAN 500 STUDENTS EARNED BACHELORS AND MASTER'S DEGREES IN 2020. THE UNIVERSITY COUNTS MORE THAN 17,000 ALUMNI OF RECORD. 7644931 0 0 ACADEMIC SUPPORT AND STUDENT SERVICES:FOUNDED IN 1957 BY THE MISSIONARY SISTERS OF THE SACRED HEART OF JESUS (MSC) AS CABRINI COLLEGE, THE INSTITUTION BECAME CABRINI UNIVERSITY ON JULY 1, 2016. THE CHANGEOVER ALSO MARKED THE IMPLEMENTATION OF NEW ACADEMIC CENTERS FOR DEDICATED RESEARCH AND SCHOLARSHIP IN THE AREAS OF DOMESTIC VIOLENCE, IMMIGRATION, GLOBAL LEARNING, AND URBAN EDUCATION. A NEW CENTER FOR STUDENT SUCCESS WAS ALSO PUT IN PLACE TO BETTER SERVE AN INCREASINGLY DIVERSE STUDENT BODY. CABRINI OFFERS MORE THAN 50 STUDENT CLUBS AND ORGANIZATIONS IN ACADEMIC FIELDS, SPORTS, THE ARTS, INTERNATIONAL AND MULTICULTURAL ACTIVITIES, COMMUNITY SERVICE, STUDENT GOVERNMENT, PUBLICATIONS AND MEDIA, AND OTHER AREAS.STUDY AWAY OPPORTUNITIES INCLUDE SHORT-TERM AND SEMESTER ABROAD PROGRAMS IN ITALY, ENGLAND, AUSTRALIA, IRELAND, ZAMBIA, ARGENTINA, AND GUATEMALA.CABRINI IS A NCAA DIVISION III INSTITUTION THAT SPONSORS 19 VARSITY ATHLETIC PROGRAMS AND RECENTLY FORMED THE NEW ATLANTIC EAST CONFERENCE (AEC) WITH SIX OTHER INSTITUTIONS. IN 2021, CABRINI CLAIMED FIVE AEC TITLES INCLUDING MEN'S AND WOMEN'S LACROSSE, MEN'S GOLF, MEN'S SWIMMING, AND MEN'S TENNIS.CABRINI STUDENTS SECURE INTERNSHIP EXPERIENCES LOCALLY AND THROUGHOUT THE UNITED STATES AT MANY LEADING ORGANIZATIONS, INCLUDING COMCAST SPORTSNET PHILADELPHIA, DISNEY WORLDWIDE SERVICES, INC., IHEARTRADIO, INDEPENDENCE BLUE CROSS, GREATER PHILADELPHIA URBAN AFFAIRS COALITION, PHILADELPHIA INQUIRER, TEVA PHARMACEUTICAL, INDUSTRIES, LTD., UNITED STATES LIABILITY INSURANCE, AND WITH PHILADELPHIA PROFESSIONAL SPORTS TEAMS. 8714282 0 8438365 AUXILIARY ENTERPRISES:AUXILIARY SERVICES INCLUDE A DIVERSE GROUP OF INTERNAL UNITS, INCLUDING RESIDENCE LIFE, AND FOOD SERVICES. THE COLLEGE HAD 745 FULL TIME UNDERGRADUATE RESIDENTS IN THE FALL 2020. 59210055 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 0 1 1 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 2696 0 976 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 22 21 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 PA X X JAMES E COOPER TREASURER AND VP FINANCEADMIN 6109028275 610 KING OF PRUSSIA ROAD RADNOR PA 19087 DR DONALD TAYLOR PRESIDENT 55.00 X X 305084 0 121992 FRANK EMMERICH CHAIR 1.00 X X 0 0 0 AMY LAMBERT VICE CHAIR 1.00 X X 0 0 0 ANDREA KELLIHER SECRETARY 1.00 X X 0 0 0 GEORGE BADEY III ESQ TRUSTEE 1.00 X 0 0 0 ANNE MARIE BORNEMAN TRUSTEE 1.00 X 0 0 0 WILLIAM DESANTE TRUSTEE 1.00 X 0 0 0 FRANK FOX TRUSTEE 1.00 X 0 0 0 SISTER CATHERINE GARRY MSC TRUSTEE 1.00 X 0 0 0 HERNAN GUARACAO TRUSTEE 1.00 X 0 0 0 ROBERT JARA TRUSTEE 1.00 X 0 0 0 MICHAEL KAZANJIAN TRUSTEE 1.00 X 0 0 0 JOHN LAFFERTY TRUSTEE 1.00 X 0 0 0 SISTER DIANE OLMSTEAD MSC TRUSTEE 1.00 X 0 0 0 SISTER PIETRINA RACCULGIA MSC TRUSTEE 1.00 X 0 0 0 CLAIRE ROTH TRUSTEE 1.00 X 0 0 0 MARY BETH SENKEWICZ TRUSTEE 1.00 X 0 0 0 RACHEL SLAUGHTER TRUSTEE 1.00 X 0 0 0 SISTER LUCILLE SOUZA MSC TRUSTEE 1.00 X 0 0 0 WILLIAM STEMPER TRUSTEE 1.00 X 0 0 0 ERIC TIDWELL TRUSTEE 1.00 X 0 0 0 PATRICK J WARD TRUSTEE 1.00 X 0 0 0 ERIC OLSON TREASURER AND VP FINANCE/ADMIN 55.00 X 171774 0 46550 CHIOMA UGOCHUKWU VP ACADEMIC AFFAIRS 55.00 X 197517 0 25912 GEORGE WALTER VP ENROLLMENT MANAGEMENT 55.00 X 165923 0 11942 BRIAN EURY CHIEF OF STAFF, VP COMM DEV/EXT REL 40.00 X 192028 0 55349 STEPHEN HIGHSMITH VP INSTITUTIONAL ADVANCEMENT 40.00 X 168204 0 38676 RICHARD THOMPSON DEAN NATURAL SCIENCES/ALLIED HEALTH 40.00 X 137885 0 58279 CHRISTINE LYSIONEK VP STUDENT LIFE 40.00 X 145595 0 16493 TODD MATTHEWS PROFESSOR 40.00 X 143112 0 7404 1627122 0 382597 25 0 1 0 COLLEGIS EDUCATION INC 1415 22ND ST STE 22 OAK BROOK IL 60523 INFORMATION TECH- NOLOGY MANAGEMENT 2488646 SODEXO INC AND AFFLIATES 9801 WASHINGTONIAN BLVD GAITHERSBURG MD 20878 FOOD SERVICES 2187470 CSI INTERNATIONAL INC 6700 N ANDREWS AVE STE 400 FORT LAUDERDALE FL 33309 CLEANING SERVICES 1161708 ALLIED UNIVERSAL SECURITY SERVICES 150 S WARNER RD KING OF PRUSSIA PA 19406 SECURITY SERVICES 1043951 CREATIVE COMMUNICATION ASSOCIATES 2 THIRD ST STE 250 TROY NY 12180 MEDIA PLANNING AND BUYING 860216 18 240914 3122189 934677 181903 4297780 TUITION AND FEES 611310 53005505 53005505 ROOM AND BOARD 611310 7993419 7993419 CHILDREN'S SCHOOL TUITION 611310 271326 271326 NSF STEM SCHOLARS 611310 173620 173620 61443870 805285 805285 26411 11852 21256 9751 5155 2101 7256 2101 5155 4105244 2527402 1577842 1577842 1577842 79178 240914 135887 -56709 -56709 GAIN ON EXTINGUISHMENT:PPP LOAN 900099 4608397 4608397 BOOKSTORE COMMISSION 900099 39003 39003 REBATES 900099 20107 20107 318308 5512 312796 4985815 73061139 61443870 7613 7311876 27215054 27215054 981236 981236 20248626 13461776 5990343 796507 964280 625228 293853 45199 3780584 2273489 1328968 178127 1454575 973046 427606 53923 166204 166204 80425 80425 2132 2132 91750 91750 165573 163388 2185 2693662 1662012 1018855 12795 942702 724 941956 22 1526551 331137 1122752 72662 2831614 1358850 1431377 41387 1860903 1536004 309897 15002 252739 189245 20647 42847 89611 69441 17450 2720 2129095 1905935 201868 21292 5334444 3904236 1329971 100237 627783 627783 FOOD SERVICES 2175601 2175601 PUBLIC SAFETY 1127103 930637 187339 9127 RESIDENT ASSISTANTS 392813 392813 MEMBERSHIP DUES 240462 104720 134298 1444 281894 100107 98199 83588 77657416 59210055 16876547 1570814 6720638 1272642 5975992 1095314 1345909 727144 4029231 4250206 90618 104223 652900 696050 151935051 74984495 80148319 76950556 35052730 46223958 709827 624644 3208327 2437645 137934491 134382382 7272856 5445828 1737989 2495001 51387990 50348634 5895919 1269252 66294754 59558715 X 24851953 45868933 46787784 28954734 71639737 74823667 137934491 134382382 -4596277 7780207 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 1 1000 0 0 0 1 1132 0 2132 0 PART II-B, LINE 1: THE UNIVERSITY ATTEMPTS TO INFLUENCE LEGISLATION BY THE FOLLOWING: (1) TESTIMONY BEFORE CONGRESSIONAL COMMITTEES ON TOPICS INVOLVING EDUCATION AND RELATED ISSUES AS REQUESTED BY MEMBERS OF CONGRESS. (2) LETTER-WRITING AND EMAIL COMMUNICATION WITH FEDERAL AND STATE REPRESENTATIVES TO REQUEST CONSIDERATION OF PENDING BILLS OF INTEREST TO INSTITUTIONS OF HIGHER EDUCATION IN GENERAL, AND IN RELATION TO THE INTEREST OF CABRINI UNIVERSITY. (3) THE UNIVERSITY BELONGS TO HIGHER EDUCATION MEMBERSHIP ORGANIZATIONS IN WHICH WE PAY DUES. PARTS OF THESE DUES ARE FOR EITHER DIRECT OR INDIRECT LOBBYING ACTIVITIES. THE ESTIMATED COST FOR THESE SERVICES TO THE UNIVERSITY IS $1,132. 41953130 121253 10031155 266253 3838993 48000292 43765365 123210 802083 201391 2536137 41953130 46351413 1156203 2488218 168218 6062251 43765365 46449711 1569918 2959946 400323 4227839 46351413 43917664 390169 3818050 140293 1535879 46449711 0.45229 0.24806 0.29965 0 0 5730590 5730590 134329356 70874879 63454477 10287952 3573958 6713994 1587153 535658 1051495 76950556 CONDITIONAL ASSET RETIREMENT OBLIGATION 728927 REFUNDABLE GOVERNMENT LOAN FUNDS 540325 1269252 X 57268006 7780207 2886431 -26494614 -15827976 73095982 132051 -166894 -34843 73061139 54084076 2886431 166894 3053325 51030751 132051 26494614 26626665 77657416 PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT FUND IS TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS AND SCHOLARSHIPS SUPPORTED BY ITS ENDOWMENT AND FOR LONG-TERM FINANCIAL STABILITY. PROGRAMS SUPPORTED INCLUDE CENTERS THAT SUPPORT OUR MISSION, FACULTY DEVELOPMENT, AND INTERNATIONAL EXPERIENCES FOR OUR STUDENTS. PART X, LINE 2: THE UNIVERSITY HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE INDICATING IT IS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS SUBJECT TO FEDERAL AND STATE INCOME TAX ONLY ON NET UNRELATED BUSINESS INCOME. THE UNIVERSITY ENGAGES IN ACTIVITIES THAT ARE CONSIDERED UNRELATED TO ITS EXEMPT PURPOSE. THESE ACTIVITIES ARE SUBJECT TO FEDERAL AND STATE INCOME TAX. NO LOSS WAS GENERATED FROM THE ACTIVITIES IN FISCAL YEAR 2021 AND 2020. HOWEVER, THE UNIVERSITY HAS A NET OPERATING LOSS CARRY FORWARD OF $1,871,147 AVAILABLE TO OFFSET ANY TAXABLE INCOME FROM THESE UNRELATED ACTIVITIES. ACCORDINGLY, NO FEDERAL OR STATE TAX PROVISION IS REQUIRED. THE NET OPERATING LOSSES BEGIN TO EXPIRE IN 2021. THE UNIVERSITY IS REQUIRED TO DETERMINE WHETHER A TRANSACTION OR EVENT MUST BE REPORTED IN A TAX RETURN AND TO EVALUATE WHETHER A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. NO ADJUSTMENTS TO THE FINANCIAL STATEMENTS WERE REQUIRED AS A RESULT OF THIS REVIEW. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE REPORTED NET WITH REVENUE ON FINANCIAL STATEMENTS -25,257,184. RETIREMENT AND SEVERANCE REPORTED NET WITH REVENUE ON FINANCIAL STATEMENTS -1,237,430. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT SPECIAL FUNDRAISING EVENT EXPENSES -135,887. DIRECT RENTAL EXPENSES -31,007. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL FUNDRAISING EVENT EXPENSES 135,887. DIRECT RENTAL EXPENSES 31,007. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE REPORTED NET WITH REVENUE ON FINANCIAL STATEMENTS 25,257,184. RETIREMENT AND SEVERANCE REPORTED NET WITH REVENUE ON FINANCIAL STATEMENTS 1,237,430. 1 0 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY'S WEBSITE CONTAINS THE NON-DISCRIMINATORY POLICY, WHICH IS AVAILABLE TO ALL PUBLIC INDIVIDUALS. OUR WEBSITE IS THE MAIN POINT OF CONTACT WITH THE PUBLIC AND THE VISITS TO THIS SITE FAR EXCEED THE REACH OF PRINT PUBLICATIONS. SCHEDULE E, PART I, LINE 6 CABRINI UNIVERSITY RECEIVES FUNDS FROM VARIOUS FEDERAL AND STATE GOVERNMENT AGENCIES UNDER THEIR RESPECTIVE STUDENT FINANCIAL AID ASSISTANCE PROGRAMS. FEDERAL PROGRAMS INCLUDE THE PELL GRANT PROGRAM, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM, COLLEGE WORK STUDY PROGRAM, TEACH GRANT PROGRAM, AND THE PERKINS LOAN PROGRAM. THE STATE PROGRAM IS THE PENNSYLVANIA HIGHER EDUCATION ASSISTANCE PROGRAM FOR STUDENTS. IN ADDITION, THE UNIVERSITY IS AWARDED SPONSORED RESEARCH AND OTHER PROJECT GRANTS BY FEDERAL AND STATE GOVERNMENTAL AGENCIES. GENERAL SUPPORT IS PROVIDED TO THE UNIVERSITY FROM THE STATE OF PENNSYLVANIA UNDER ITS INSTITUTIONAL ASSISTANCE GRANT PROGRAM TO PRIVATE COLLEGES AND UNIVERSITIES. IN 2020 AND 2021, THE UNIVERSITY RECEIVED HIGHER EDUCATION EMERGENCY RELIEF FUNDS. EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES MARKETING SOFTWARE 6579 NORTH AMERICA 0 2 PROGRAM SERVICES SOFTWARE 4188 0 3 0 0 0 3 10767 0 10767 0 0 0 0 0 0 PART I, LINE 3: ACCRUAL METHOD PART III ACCOUNTING METHOD: X X X X X X X 1 KATHRYN CONSORTI DUMAS 421 WESTFIELD DR EXTON PA 19341 GRANT WRITER/ COMPLIANCE 0 636 25200 -24564 DOUGLAS HIGGINS 351 CLUB CT WILMINGTON NC 28412 COMPREHENSIVE CAMPAIGN STRATEGY CONSULTANT 0 0 16450 -16450 FREEWILL COMPANY PO BOX 501051 INDIANAPOLIS IN 46250 PLANNED GIVING CONSULTANT AND SERVICE PROVIDER 0 0 10100 -10100 LOUIS TILLEY 13 WOODSTREAM DR CHESTERBROOK PA 19087 COMMUNICATION PROGRAMMING ADVISOR AND PROSPECT CONSULTANT 0 0 40000 -40000 636 91750 -91114 PA GOLF TOURNAMENT 189165 122890 66275 41170 34188 16090 GALA 130927 118024 12903 44439 320092 240914 79178 41170 34188 60529 135887 -56709 1 SCHOLARSHIPS 1527 26231479 0 N/A N/A HIGHER EDUCATION EMERGENCY RELIEF ACT STUDENT ASSISTANCE 952 983575 0 N/A N/A PART I, LINE 2: SCHOLARSHIPS AND GRANTS FOR STUDENTS ARE APPLIED DIRECTLY TO THE STUDENT'S CABRINI UNIVERSITY ACCOUNT AND APPLIED TO TUITION AND FEES. ALL FINANCIAL AID IS SUBJECT TO REVISION BASED ON AVAILABILITY, CHANGES IN FAMILY CONTRIBUTION AND/OR CREDIT LOAD. SATISFACTORY ACADEMIC PROGRESS MUST BE MAINTAINED ACCORDING TO STANDARDS PRESCRIBED BY CABRINI UNIVERSITY. ANNUAL RENEWAL OF FINANCIAL AID IS CONTINUOUS IF STUDENT CONTINUES TO DEMONSTRATE NEED, ALL REQUIRED DOCUMENTS ARE COMPLETED BY THE PUBLISHED DEADLINE, AND SATISFACTORY ACADEMIC PROGRESS IS MAINTAINED CONSISTENT WITH THE CABRINI UNIVERSITY POLICY. RENEWAL OF AID IS ALSO DEPENDENT ON THE AVAILABILITY OF FUNDS. X X X 0 1 X X X 0 1 0 0 0 0 0 0 0 DR DONALD TAYLOR PRESIDENT 293534 0 0 0 11550 0 50139 0 71853 0 427076 0 0 0 BRIAN EURY CHIEF OF STAFF, VP COMM DEV/EXT REL 192028 0 0 0 0 0 12518 0 42831 0 247377 0 0 0 CHIOMA UGOCHUKWU VP ACADEMIC AFFAIRS 197517 0 0 0 0 0 14011 0 11901 0 223429 0 0 0 ERIC OLSON TREASURER AND VP FINANCE/ADMIN 171774 0 0 0 0 0 12787 0 33763 0 218324 0 0 0 STEPHEN HIGHSMITH VP INSTITUTIONAL ADVANCEMENT 160404 0 0 0 7800 0 7932 0 30744 0 206880 0 0 0 RICHARD THOMPSON DEAN NATURAL SCIENCES/ALLIED HEALTH 137885 0 0 0 0 0 9432 0 48847 0 196164 0 0 0 GEORGE WALTER VP ENROLLMENT MANAGEMENT 165923 0 0 0 0 0 11448 0 494 0 177865 0 0 0 CHRISTINE LYSIONEK VP STUDENT LIFE 145595 0 0 0 0 0 7932 0 8561 0 162088 0 0 0 TODD MATTHEWS PROFESSOR 143112 0 0 0 0 0 7404 0 0 0 150516 0 0 0 PART I, LINE 1A DR. DONALD TAYLOR, PRESIDENT - RESIDENCE FOR PERSONAL USE: THE UNIVERSITY REQUIRES ITS PRESIDENT TO LIVE IN A RESIDENCE ON CAMPUS. THE RESIDENCE IS NOT TREATED AS TAXABLE COMPENSATION TO THE PRESIDENT. DR. DONALD TAYLOR, PRESIDENT - PERSONAL SERVICES: A HOUSEKEEPING SERVICE CLEANED THE PRESIDENTIAL RESIDENCE. THE COST OF THE CLEANING OF THE RESIDENCE IS NOT TREATED AS TAXABLE COMPENSATION TO THE PRESIDENT. DR. DONALD TAYLOR, PRESIDENT - HEALTH OR SOCIAL CLUB: THE UNIVERSITY PAID DUES FOR ONE CLUB, FOR THE USE OF ITS PRESIDENT SOLELY IN CONDUCTING UNIVERSITY BUSINESS. USE OF THE CLUB IS NOT TREATED AS TAXABLE COMPENSATION TO THE PRESIDENT. PART I, LINE 1B THERE ARE NO WRITTEN POLICIES ON THE ITEMS IN SCHEDULE J, PART I, LINE 1; HOWEVER, THE UNIVERSITY ADHERES TO ALL IRS REGULATIONS REGARDING COMPENSATION AND BENEFITS. THE BOARD OF TRUSTEES HAS DECISION-MAKING AUTHORITY OVER ANY PAYMENTS OR BENEFITS RECEIVED BY THE PRESIDENT. THE PRESIDENT HAS AUTHORITY OVER ANY PAYMENTS OR REIMBURSEMENTS TO ALL EMPLOYEES OF THE UNIVERSITY. PART I, LINE 4B DR. DONALD TAYLOR, PRESIDENT - SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN: PER EMPLOYMENT CONTRACT, THE UNIVERSITY CONTRIBUTED 10% OF BASE SALARY TO A 457(F) PLAN. IN CALENDAR YEAR 2020, A CONTRIBUTION OF $30,188 WAS MADE TO THE 457(F) PLAN. A DELAWARE COUNTY AUTHORITY 231973437 245913MP0 2017-06-20 52991164 REFUND OUTSTANDING 1999, 2003, 2007 AND OTHER CAPITAL PROJECTS 0 0 0 A 3112461 52991164 592856 25983057 26415251 2019 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 1 0 0 0 1 A 1 56405 TUITION REMISSION 48767 TUITION EXCHANGE X 3 171506 STOCK MARKET VALUE X 14 2055 SELLING PRICE X ENTERTAINMENT 49 5167 SELLING PRICE X SUNDRY 17 3175 SELLING PRICE 0 0 1 0 PART I, COLUMN (B): LINE 9, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FOR ALL OTHER LINES COLUMN (B) REPRESENTES THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE PRESIDENT, THE BOARD CHAIR, THE BOARD VICE CHAIR, THE CHAIRS OF THE OTHER STANDING COMMITTEES AND SUCH OTHER TRUSTEES AS THE BOARD MY DESIGNATE BY RESOLUTION. THE CHAIR OF THE BOARD SHALL BE THE CHAIR OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE ALL THE POWERS AND AUTHORITY OF THE BOARD, EXCEPT THAT IT SHALL NOT HAVE ANY POWER OR AUTHORITY AS TO THE FOLLOWING: (A) THE GRANTING OF DEGREES; (B) THE AUTHORIZATION OF THE UNIVERSITY TO INCUR INDEBTEDNESS OR TO MAKE EXTRAORDINARY AND UNBUDGETED EXPENDITURES IN EXCESS OF SUCH AMOUNT AS IS SET FROM TIME TO TIME BY THE BOARD OF TRUSTEES; (C) THE ENTERING INTO OF ANY MATERIAL COMMITMENT AFFECTING THE CAPITAL ASSETS OF THE UNIVERSITY, UNLESS SPECIFICALLY AUTHORIZED TO DO SO BY RESOLUTION OF THE BOARD; (D) THE SUBMISSION TO THE MEMBERS OF ANY ACTION REQUIRING APPROVAL OF MEMBERS UNDER NON-PROFIT CORPORATION LAWS; (E) THE CREATION OR FILING OF VACANCIES IN THE BOARD; (F) THE ADOPTION, AMENDMENT, OR REPEAL OF THE BYLAWS; (G) THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD THAT BY ITS TERMS IS AMENDABLE OR REPEAL-ABLE ONLY BY THE BOARD; OR (H) ANY ACTION ON MATTERS COMMITTED BY THE BYLAWS OR A RESOLUTION OF THE BOARD EXCLUSIVELY TO ANOTHER COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 ALL THOSE SERVING IN THE OFFICE OF PROVINCIAL AND OF PROVINCIAL COUNCILOR OF 'THE MISSIONARY SISTERS OF SACRED HEART OF JESUS, GUADALUPE PROVINCE' (MSC), ARE THE MEMBERS OF CABRINI UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7A THE PROVINCIAL OF MSC (OR HER DESIGNEE) IS A REQUIRED EX-OFFICIO VOTING TRUSTEE. ALL OTHER ELECTED VOTING TRUSTEES MUST BE AFFIRMED BY A VOTE OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS MUST APPROVE THE FOLLOWING: (A) ANY CHANGES RECOMMENDED BY THE BOARD OF TRUSTEES IN THE PHILOSOPHY, OBJECTIVES AND PURPOSE OF THE UNIVERSITY; (B) THE SALE OR OTHER DISPOSITION OF ASSETS OR THE CREATION OF ANY LIEN ON ASSETS; (C) THE MERGER OR CONSOLIDATION OF THE UNIVERSITY; (D) THE DISSOLUTION OF THE UNIVERSITY; (E) ANY CHANGES TO THE ARTICLES OF INCORPORATION OR THE BYLAWS; (F) THE FINALISTS FOR THE OFFICE OF PRESIDENT; AND (G) THE USE OF THE NAME OF THE MISSIONARY SISTERS OF THE SACRED HEART OF JESUS IN CONNECTION WITH ANY INDEBTEDNESS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED IN ITS ENTIRETY BY MEMBERS OF MANAGEMENT AND THE AUDIT, RISK, LEGAL, AND COMPLIANCE COMMITTEE OF THE BOARD (ARLC) PRIOR TO THE FEBRUARY BOARD MEETING, AT WHICH TIME THE ARLC RECOMMENDED APPROVAL BY THE BOARD. FOLLOWING COMMITTEE APPROVAL, THE PUBLIC INSPECTION COPY OF THE FORM 990 WAS PRESENTED IN WRITTEN FORM TO THE ENTIRE BOARD AT ITS FEBRUARY PLENARY SESSION WHERE IT WAS DISCUSSED AND APPROVED FOR FILING. AFTER THIS, THE FORM 990 WAS FORMALLY FILED WITH THE FEDERAL GOVERNMENT. FORM 990, PART VI, LINE 11A: THIS QUESTION IS REQUIRED TO BE ANSWERED NO BASED ON THE IRS INSTRUCTIONS, BECAUSE THOUGH THE FULL BOARD DOES RECEIVE AND REVIEW A COPY OF THE FORM 990 PRIOR TO THE RETURN BEING FILED, THE SCHEDULE B INFORMATION HAS BEEN REDACTED FROM THE COPY THEY ARE PROVIDED. THIS REDACTION IS CABRINI'S GOOD FAITH EFFORT TO COMPLY AND RESPECT DONOR CONFIDENTIALITY REQUESTS. IF A MEMBER OF THE BOARD WERE TO REQUEST ACCESS TO THE REDACTED INFORMATION, IT WOULD BE PROVIDED TO THEM. FORM 990, PART VI, SECTION B, LINE 12C THE MEMBERS, TRUSTEES, OFFICERS, VICE-PRESIDENTS, AND OTHER KEY PERSONNEL ARE ALL SUBJECT TO THE CONFLICT OF INTEREST (COI) POLICY AND MUST COMPLETE ANNUAL COI DISCLOSURE STATEMENTS. THE PRESIDENT OF THE UNIVERSITY DETERMINES WHO SHOULD BE CONSIDERED 'OTHER KEY PERSONNEL'. THE SECRETARY OF THE BOARD (SECRETARY) REVIEWS THE ANNUAL DISCLOSURE STATEMENTS TO DETERMINE WHETHER A MATERIAL FINANCIAL INTEREST HAS BEEN DISCLOSED. IF A MATERIAL FINANCIAL INTEREST HAS BEEN DISCLOSED, THE SECRETARY SHALL PROMPTLY SUBMIT TO THE CHAIR OF THE AUDIT, RISK, LEGAL COMPLIANCE COMMITTEE (ARLC) OR, IF THE INTERESTS INVOLVE THE CHAIR OF THE ARLC, ANOTHER MEMBER OF THE ARLC, SUCH DISCLOSURE FORMS TOGETHER WITH ANY ADDITIONAL INFORMATION ABOUT THE CURRENT OR PROPOSED TRANSACTION OR BUSINESS RELATIONSHIP THAT MAY GIVE RISE TO A CONFLICT OF INTEREST. THE ARLC SHALL REVIEW THE MATTER AND DETERMINE WHETHER THERE IS A CONFLICT OF INTEREST. IF THE ARLC DETERMINES A CONFLICT EXISTS, THERE WILL BE A FINAL REVIEW AND DECISION MADE BY THE ENTIRE BOARD. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART VI, SECTION B, LINE 15A: COMPENSATION FOR CABRINI UNIVERSITY'S PRESIDENT IS DETERMINED AFTER A THOROUGH COMPENSATION COMPARATIVE ANALYSIS OF THE SPECIFIED JOB SCOPE IS CONDUCTED. THE DATA SOURCES USED FOR COMPILATION OF SALARY STRUCTURES ARE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION (CUPA) ADMINISTRATIVE SALARY SURVEYS, COMPARISON OF SALARIES TO ASPIRANT SCHOOLS, CHRONICLE OF HIGHER EDUCATION SALARY SURVEYS, BUREAU OF LABOR STATISTICS, AND OTHER INDEPENDENT COMPENSATION CONSULTANTS IF NEEDED. DUE TO EXTRAORDINARY CIRCUMSTANCES IN 2020 AND BEYOND, THE PRESIDENT'S TOTAL COMPENSATION METHODOLOGY WAS ALTERED USING THE SAME COMPARATIVE DATA. THE EXECUTIVE COMPENSATION COMMITTEE AND THE PRESIDENT HAVE PRESENTED THIS ADJUSTMENT TO THE BOARD FOR APPROVAL. THE PRESIDENT'S SALARY AND OTHER COMPENSATION REQUIRES APPROVAL BY THE FULL BOARD. COMPENSATION DECISIONS FOR THE PRESIDENT ARE DOCUMENTED IN THE MINUTES OF THE EXECUTIVE COMPENSATION COMMITTEE AND/OR BOARD MINUTES. THIS PROCESS LAST OCCURRED IN 2020. FORM 990, PART VI, SECTION B, LINE 15B: COMPENSATION FOR OTHER CABRINI UNIVERSITY OFFICERS AND KEY EMPLOYEES IS DETERMINED AFTER A THOROUGH COMPENSATION COMPARATIVE ANALYSIS OF THE SPECIFIED JOB SCOPE IS CONDUCTED. THE DATA SOURCES USED FOR COMPILATION OF SALARY STRUCTURES ARE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION (CUPA) ADMINISTRATIVE SALARY SURVEYS, COMPARISON OF SALARIES TO ASPIRANT SCHOOLS, CHRONICLE OF HIGHER EDUCATION SALARY SURVEYS, BUREAU OF LABOR STATISTICS, AND OTHER INDEPENDENT COMPENSATION CONSULTANTS IF NEEDED. IN ADDITION, COMPENSATION FOR THESE EMPLOYEES IS BASED ON HOW THEIR PERFORMANCE MEASURES AGAINST THEIR ANNUAL OBJECTIVES. ONCE THE SALARY SURVEY DATA IS PRESENTED, THE PRESIDENT REVIEWS THE DATA AND APPROVES THE FINAL PAY STRUCTURE OF THE SPECIFIED POSITION. THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD REVIEWS THE PRESIDENT'S RECOMMENDATIONS BUT DOES NOT APPROVE THESE EMPLOYEE'S SALARY OR OTHER COMPENSATION. THIS PROCESS LAST OCCURRED IN 2020. FORM 990, PART VI, SECTION C, LINE 18 THE UNIVERSITY'S FORMS 990 AND 990-T ARE AVAILABLE AT WWW.CABRINI.EDU. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. HOWEVER, THE CONFLICT OF INTEREST POLICY IS ON THE UNIVERSITY'S WEBSITE VIA THE UNIVERSITY EMPLOYEE HANDBOOK.