2021-03-03T07:27:41-06:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2019-07-01 231526668 CABRINI UNIVERSITY CABR 6109028415 610 KING OF PRUSSIA ROAD RADNOR PA 19087 ERIC OLSON VP FINANCE 6109028415 2021-02-22 1 KAREN GRIES P00078514 6123764500 2021-02-22 2019 2022-09-23 18:48:47Z DR DONALD TAYLOR 610 KING OF PRUSSIA ROAD RADNOR PA 19087 74178946 0 0928 X WWW.CABRINI.EDU X 1957 PA SEE SCHEDULE O.CABRINI UNIVERSITY IS 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. 24 22 1126 156 17242 0 3921731 6482676 65282101 62572710 3942328 293527 694832 688091 73840992 70037004 26046446 27244207 0 0 26964904 25838130 126908 135318 1625891 23781258 23620172 76919516 76837827 -3078524 -6800823 143964578 137934491 66227144 66294754 77737434 71639737 X SEE SCHEDULE O. EDUCATION OF THE HEART: CABRINI UNIVERSITY IS 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 42433011 27244207 53890253 INSTRUCTION:CABRINI OFFERS MORE THAN 40 ACADEMIC MAJORS, 14 PRE-PROFESSIONAL PROGRAMS, 19 CONCENTRATIONS, 16 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 2019-20 ACADEMIC YEAR, CABRINI ENROLLED APPROXIMATELY 1,550 UNDERGRADUATE STUDENTS AND 525 GRADUATE STUDENTS. MORE THAN 500 STUDENTS EARNED BACHELORS AND MASTER'S DEGREES IN 2020. THE UNIVERSITY COUNTS MORE THAN 17,000 ALUMNI OF RECORD. 7867370 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.AN NCAA DIVISION III INSTITUTION, CABRINI SPONSORS 19 VARSITY ATHLETIC PROGRAMS AND RECENTLY FORMED THE NEW ATLANTIC EAST CONFERENCE WITH SIX OTHER INSTITUTIONS. IN 2020, THE MEN'S LACROSSE TEAM CAPTURED THE UNIVERSITY'S FIRST-EVER NCAA DIVISION III CHAMPIONSHIP. THREE CAVALIER TEAMS CLINCHED AEC TITLES IN 2019-20: WOMEN'S SOCCER, AND MEN'S AND WOMEN'S SWIMMING.CABRINI STUDENTS SECURE INTERNSHIP EXPERIENCES LOCALLY AND THROUGHOUT THE UNITED STATES AT MANY LEADING ORGANIZATIONS, INCLUDING CABRINI MISSION CORPS, COMCAST SPORTSNET PHILADELPHIA, GEOBLUE, DISNEY WORLDWIDE SERVICES, INC, INDEPENDENCE BLUE CROSS, GREATER PHILADELPHIA AFFAIRS COALITION, PHILADELPHIA INQUIRER, TEVA PHARMACEUTICAL, INDUSTRIES, LTD, UNITED STATES LIABILITY INSURANCE, AND WITH PHILADELPHIA PROFESSIONAL SPORTS TEAMS. 8463450 0 8682457 AUXILIARY ENTERPRISES: AUXILIARY SERVICES INCLUDES A DIVERSE GROUP OF INTERNAL UNITS, INCLUDING RESIDENCE LIFE, AND FOOD SERVICES. THE COLLEGE HAD 885 FULL TIME UNDERGRADUATE RESIDENTS IN THE FALL 2019. 58763831 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 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 2900 0 1126 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 24 22 0 1 0 0 1 0 1 1 1 0 0 0 1 1 1 1 1 1 1 0 PA X X ERIC OLSON TREASURER AND VP FINANCE 6109028275 610 KING OF PRUSSIA ROAD RADNOR PA 19087 DONALD TAYLOR PRESIDENT 55.00 X X 354385 0 123317 BRIAN EURY VICE PRESIDENT, COMM DEV/EX RELATIONS AND CHIEF OF 55.00 X 182479 0 55494 CHIOMA UGOCHUKWU VICE PRESIDENT, ACADEMIC AFFAIRS AND PROVOST 55.00 X 189766 0 24087 STEVE HIGHSMITH VICE PRESIDENT, INSTITUTIONAL ADVANCEMENT 40.00 X 171255 0 39547 ERIC OLSON TREASURER AND VICE PRESIDENT 55.00 X 175404 0 30364 RICHARD THOMPSON DEAN OF NATURAL SCIENCES AND ALLIED HEALTH 40.00 X 134508 0 57353 CHRISTINE LYSIONEK VICE PRESIDENT, STUDENT DEVELOPMENT 40.00 X 148598 0 18834 TODD MATTHEWS PROFESSOR, ORGANIZATIONAL DEVELOPMENT 40.00 X 141737 0 7034 FRANK EMMERICH CHAIR 1.00 X X 0 0 0 AMY LAMBERT VICE CHAIR 1.00 X X 0 0 0 SHIRLEY DIXON SECRETARY 1.00 X X 0 0 0 GLORIA BONILLA-SANTIAGO TRUSTEE 1.00 X 0 0 0 ANNE MARIE BORNEMAN TRUSTEE 1.00 X 0 0 0 CLAIRE ROTH TRUSTEE 1.00 X 0 0 0 NANCY COSTELLO TRUSTEE 1.00 X 0 0 0 SISTER DIANE OLMSTEAD MSC TRUSTEE 1.00 X 0 0 0 WILLIAM DESANTE TRUSTEE 1.00 X 0 0 0 GEORGE BADEY TRUSTEE 1.00 X 0 0 0 ANGELA DOWD BURTON TRUSTEE 1.00 X 0 0 0 SISTER YOLANDA FLORES TRUSTEE 1.00 X 0 0 0 FRANK FOX 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 ANDREA KELLIHER TRUSTEE 1.00 X 0 0 0 JOHN LAFFERTY TRUSTEE 1.00 X 0 0 0 CAROLE PANTALONE TRUSTEE 1.00 X 0 0 0 SISTER PIETRINA RACCUGLIA MSC TRUSTEE 1.00 X 0 0 0 MARY BETH SENKEWICZ 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 JOEL ZAZYCZNY TRUSTEE 1.00 X 0 0 0 SISTER LUCILLE SOUZA TRUSTEE 1.00 X 0 0 0 1498132 0 356030 20 0 1 0 SODEXO INC AND AFFLIATES 9801 WASHINGTONIAN BLVD GAITHERSBURG MD 20878 FOOD SERVICES 2520892 COLLEGIS LLC 1415 W 22ND STSUITE SUITE 220 OAK BROOK IL 60523 INFORMATION TECHNOLOGY AND MARKETING 2334361 ALLIED UNIVERSAL 150 S WARNER ROAD STE 170 KING OF PRUSSIA PA 19406 SECURITY SERVICES 1061577 CREATIVE COMMUNICATION ASSOCIATES 2 THIRD STREET SUTIE 250 TROY NY 12180 MEDIA PLANNING AND BUYING 971283 CSI INTERNATIONAL 6700 N ANDREWS AVENUE SUITE 400 FORT LAUDERDALE FL 33309 CLEANING SERVICES 961307 17 157731 3633844 2691101 229809 6482676 TUITION AND FEES 611310 53890253 53890253 ROOM AND BOARD 611310 8439950 8439950 CHILDREN'S SCHOOL TUIT 611310 242507 242507 62572710 930062 930062 347630 54819 292811 292811 12283 280528 2737000 650000 3422308 601227 -685308 48773 -636535 -636535 28894 157731 63588 -34694 -34694 OTHER INCOME 900099 371855 4959 366896 BOOKSTORE COMMISSION 900099 34527 34527 DIXON ATHLETIC CENTER 713940 23592 23592 429974 70037004 62572710 17242 964376 27244207 27244207 1005540 1005540 18859566 13093980 4945506 820080 975298 620125 311144 44029 3617689 2122299 1320899 174491 1380037 937888 389616 52533 27625 27625 97709 4087 93600 22 70181 70181 2122 2122 135318 135318 39944 39944 2452610 1461447 991163 1270760 1270660 100 1369137 951601 374880 42656 2766106 333645 2349545 82916 1690002 1365843 311452 12707 754579 554833 147947 51799 263384 149842 87532 26010 2126765 2007762 115686 3317 5358955 3941345 1323569 94041 501536 501536 FOOD SERVICES 2258847 2258847 PUBLIC SAFETY 1138439 929194 200593 8652 RESIDENT ASSISTANTS 426520 426520 EVENTS & PROGRAMS 295344 212483 29530 53331 709607 147883 537835 23889 76837827 58763831 16448105 1625891 3194737 6720638 6313523 5975992 1003451 1345909 4039337 4029231 77397 90618 578117 652900 150294308 70145989 80428626 80148319 35916641 35052730 813109 709827 11599640 3208327 143964578 137934491 10767436 7272856 1979657 1737989 52070275 51387990 1409776 5895919 66227144 66294754 X 53881366 24851953 23856068 46787784 77737434 71639737 143964578 137934491 -6800823 703126 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 0 1 1000 0 0 0 1 1122 0 2122 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 $1,122. 43765365 123210 802083 201391 2536137 41953130 46351413 1156203 2488218 168218 6062251 43765365 46449711 1569918 2959946 400323 4227839 46351413 43917664 390169 3818050 140293 1535879 46449711 43744344 396489 1399694 132902 1489961 43917664 0.50000 0.24000 0.26000 0 0 5717852 5717852 133438530 66471888 66966642 9550773 3274590 6276183 1587153 399511 1187642 80148319 CONDITIONAL ASSET RETIREMENT OBLIGATION 660752 REFUNDABLE GOVERNMENT LOAN FUNDS 626770 PAYCHECK PROTECTION PROGRAM LOAN 4608397 5895919 X 49769529 703126 2886431 118407 3707964 46061565 117582 23857857 23975439 70037004 54139999 2886431 118407 3004838 51135161 117582 25585084 25702666 76837827 PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT FUND IS TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT AND FOR LONG-TERM FINANCIAL STABILITY. 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. HOWEVER, SUCH ACTIVITIES GENERATED A LOSS IN FISCAL 2020 AND 2019. FURTHER, THE UNIVERSITY HAS A NET OPERATING LOSS CARRY FORWARD OF $1,910,878 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: RENTAL EXPENSES 63,588. SPECIAL EVENT EXPENSES 54,819. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 25,585,084. NON-OPERATING ACTIVITIES -1,727,227. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 63,588. RENTAL EXPENSES 54,819. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 25,585,084. 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 OUR NON-DISCRIMINATORY POLICY, WHICH IS AVAILABLE TO ALL PUBLIC INDIVIDUALS. OUR WEBSITE IS OUR MAIN POINT OF CONTACT WITH THE PUBLIC AND THE VISITS TO THIS SITE FAR EXCEED PRINT PUBLICATION REACH. 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 THE STATE. CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES OTHER PROGRAMS 195 EUROPE 0 0 PROGRAM SERVICES OTHER PROGRAMS 7381 EUROPE 0 0 PROGRAM SERVICES STUDY ABROAD 7459 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD 18339 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD 3600 NORTH AMERICA 0 0 PROGRAM SERVICES OTHER PROGRAMS 18376 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD 24919 0 0 0 0 0 0 80269 0 80269 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 DRIVE EXTON PA 19341 GRANT CONSULTANT 0 0 17500 0 JEROLD PANAS LINZY AND PARTNERS 500 N MICHIGAN AVENUE CHICAGO IL 60611 COMPREHENSIVE CAMPAIGN STRATEGY CONSULTANT 0 0 117818 0 135318 PA GALA 186625 157731 28894 33995 29593 186625 157731 28894 33995 29593 63588 -34694 1 SCHOLARSHIPS 1496 27244207 0 N/A N/A PART I, LINE 2: CABRINI UNIVERSITY DOES NOT PROVIDE GRANTS TO OTHER ORGANIZATIONS, HOWEVER ON OCCASION DONATIONS ARE MADE TO OTHER CHARITABLE NON-PROFIT ORGANIZATIONS. SINCE THESE ARE DONATIONS, THEY ARE NOT MONITORED FOR A SPECIFIC USE. SCHOLARSHIPS AND GRANTS FOR STUDENTS ARE APPLIED DIRECTLY TO A 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 AVAILABILITY OF FUNDS. X X X X 0 1 X X X 0 1 0 0 0 0 0 1 0 DONALD TAYLOR PRESIDENT 308325 0 32500 0 13560 0 51306 0 72011 0 477702 0 0 0 BRIAN EURY VICE PRESIDENT, COMM DEV/EX RELATION 182479 0 0 0 0 0 12701 0 42793 0 237973 0 0 0 CHIOMA UGOCHUKWU VICE PRESIDENT, ACADEMIC AFFAIRS AND 189766 0 0 0 0 0 12694 0 11393 0 213853 0 0 0 STEVE HIGHSMITH VICE PRESIDENT, INSTITUTIONAL ADVANC 163455 0 0 0 7800 0 8087 0 31460 0 210802 0 0 0 ERIC OLSON TREASURER AND VICE PRESIDENT 175404 0 0 0 0 0 13038 0 17326 0 205768 0 0 0 RICHARD THOMPSON DEAN OF NATURAL SCIENCES AND ALLIED 134508 0 0 0 0 0 9495 0 47858 0 191861 0 0 0 CHRISTINE LYSIONEK VICE PRESIDENT, STUDENT DEVELOPMENT 148598 0 0 0 0 0 10315 0 8519 0 167432 0 0 0 PART I, LINE 1A DR. DONALD TAYLOR TRAVEL FOR COMPANIONS TRAVEL FOR SPOUSE IS NOT TREATED AS TAXABLE COMPENSATION. DR. DONALD TAYLOR - RESIDENCE FOR PERSONAL USE - THE UNIVERSITY REQUIRED ITS PRESIDENT TO LIVE IN A RESIDENCE ON CAMPUS. THE RESIDENCE IS NOT TREATED AS TAXABLE COMPENSATION TO THE PRESIDENT. DR. DONALD TAYLOR - 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 - HEALTH OR SOCIAL CLUB - THE COLLEGE PAID DUES FOR ONE CLUB FOR USE OF ITS PRESIDENT SOLELY IN CONDUCTING UNIVERSITY BUSINESS. USE OF THE CLUB WAS 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 - SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN - PER EMPLOYMENT CONTRACT, THE UNIVERSITY CONTRIBUTED 10% OF BASE SALARY TO A 457(F) PLAN. IN CALENDAR YEAR 2019, A CONTRIBUTION OF $31,706 WAS MADE TO THE 457(F) PLAN. PART I, LINE 7 DR. DONALD TAYLOR, PRESIDENT RECEIVED A DISCRETIONARY BONUS, "VARIABLE PAY," IN THE AMOUNT OF $32,500 IN CALENDAR YEAR 2019. A DELAWARE COUNTY AUTHORITY 231973437 245913MP0 2017-06-20 52991164 REFUND OUTSTANDING 1999, 2003, 2007 AND OTHER CAPITAL PROJECTS 0 0 0 A 520000 52991164 26415251 592856 25983057 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 88325 TUITION REMISSION X 5 215202 STOCK MARKET VALUE X 7 1692 SELLING PRICE X ENTERTAINMENT 22 7874 SELLING PRICE X SUNDRY 37 3042 SELLING PRICE X TRAVEL AND VACATION 1 2000 SELLING PRICE 0 0 1 0 PART I, COLUMN (B): COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE PRESIDENT, THE CHAIRPERSON OF THE BOARD, THE VICE CHAIRPERSON, THE CHAIRS OF THE STANDING COMMITTEES AND SUCH OTHER TRUSTEES AS THE BOARD MAY DESIGNATE BY RESOLUTION. THE CHAIRPERSON OF THE BOARD SHALL BE THE CHAIRPERSON OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE ALL OF THE POWERS AND AUTHORITY OF THE BOARD, EXCEPT THAT IT SHALL NOT HAVE ANY POWER OR AUTHORITY AS TO THE FOLLOWING: 1) THE GRANTING OF DEGREES. 2) 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. 3) 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 OF TRUSTEES. 4) THE SUBMISSION TO THE MEMBERS OF ANY ACTION REQUIRING APPROVAL OF MEMBERS UNDER NON PROFIT CORPORATION LAWS. 5) THE CREATION OR FILLING OF VACANCIES IN THE BOARD OF TRUSTEES. 6) THE ADOPTION, AMENDMENT OR REPEAL OF THE BYLAWS. 7) THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD THAT BY ITS TERMS IS AMENDABLE OR REPEALABLE ONLY BY THE BOARD. 8) 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 3 BARBARA ELLIOT WAS HIRED THROUGH THE REGISTRY FOR COLLEGE AND UNIVERSITY PRESIDENTS AND IN FY20 THE FIRM WAS PAID $27,625 FOR HER SERVICES. FORM 990, PART VI, SECTION A, LINE 6 THE PROVINCIAL AND PROVINCIAL COUNCILORS OF THE MISSIONARY SISTERS OF SACRED HEART (MSC'S), STELLA MARIS PROVINCE SERVE AS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS (MISSIONARY SISTERS OF THE SACRED HEART) 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; AND (F) THE FINALISTS FOR THE OFFICE OF PRESIDENT FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED IN ITS ENTIRETY BY THE AUDIT, RISK, LEGAL AND COMPLIANCE COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO THE FEBRUARY TRUSTEE MEETING, AT WHICH TIME THE COMMITTEE RECOMMENDED FULL BOARD APPROVAL. FOLLOWING COMMITTEE APPROVAL, THE PUBLIC INSPECTION COPY OF THE FORM 990 WAS PRESENTED IN WRITTEN FORM TO THE ENTIRE BOARD OF TRUSTEES 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. IN ORDER TO MAINTAIN THE CONFIDENTIALITY OF OUR DONOR BASE, THE BOARD OF TRUSTEES WAS PROVIDED A PUBLIC INSPECTION COPY OF THE FORM 990 FOR REVIEW. THE AUDIT, RISK, LEGAL AND COMPLIANCE COMMITTEE OF THE BOARD OF TRUSTEES WAS PROVIDED WITH THE COMPLETE COPY AND ANY OTHER BOARD MEMBER MAY REVIEW SCHEDULE B UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C THE SECRETARY OF THE BOARD OF TRUSTEES(SECRETARY) REVIEWS 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 AND COMPLIANCE COMMITTEE OF THE BOARD OF TRUSTEES(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 ARLC DETERMINES A CONFLICT EXISTS, THERE WILL BE FINAL REVIEW AND DECISION BY THE ENTIRE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 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 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 THIS EMPLOYEE IS BASED ON HOW THEIR PERFORMANCE MEASURES AGAINST THEIR ANNUAL OBJECTIVES. ONCE THE SALARY SURVEY DATA IS PRESENTED, THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE DATA AND APPROVES THE FINAL PAY STRUCTURE OF THE PRESIDENT. THE PRESIDENT'S SALARY AND OTHER COMPENSATION REQUIRES FURTHER APPROVAL BY THE FULL BOARD OF TRUSTEES. COMPENSATION DECISIONS FOR THE PRESIDENT ARE DOCUMENTED IN THE MINUTES OF THE EXECUTIVE COMPENSATION COMMITTEE AND/OR BOARD OF TRUSTEES' MINUTES. THIS PROCESS LAST OCCURRED IN 2018. COMPENSATION FOR CABRINI UNIVERSITY'S OFFICERS (OTHER THAN PRESIDENT) 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 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 WEBSITE VIA THE UNIVERSITY HANDBOOK. FORM 990, PART XII, LINE 2C: THE UNIVERSITY HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE FILING YEAR.