2021-05-12T11:40:36-05:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2019-07-01 410711610 UNIVERSITY OF NORTHWESTERN - ST PAUL UNIV 6516315100 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 BRYON D KRUEGER VP FOR FINANCE & OPS/CFO 6516315100 2021-05-10 1 DON LOBERG P01541048 6123764500 2021-05-10 2019 2022-09-23 18:48:47Z NORTHWESTERN MEDIA DR ALAN CURETON 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 111628655 0 X WWW.UNWSP.EDU X 1902 MN WE SEEK TO REACH ALL NATIONS FOR JESUS, THROUGH CHRIST-CENTERED HIGHER EDUCATION AND MEDIA. 16 14 2024 984 437855 5326 22543537 27931959 82848906 78425279 1118382 1046198 185816 124014 106696641 107527450 21084200 22236520 0 0 45129847 45900369 823053 752739 4635123 36605424 35397916 103642524 104287544 3054117 3239906 134264432 137447800 36208946 37045701 98055486 100402099 X SEE SCHEDULE O. FOUNDED IN 1902, UNIVERSITY OF NORTHWESTERN - ST. PAUL IS A NONDENOMINATIONAL CHRISTIAN UNIVERSITY THAT INTEGRATES THE EDUCATIONAL PHILOSOPHY OF "FAITH, LEARNING AND LIVING" THROUGH TWO FOCUSES: HIGHER EDUCATION AND MEDIA. THE MISSION OF THE UNIVERSITY IS TO EQUIP BELIEVERS TO GROW INTELLECTUALLY AND SPIRITUALLY, TO SERVE EFFECTIVELY IN THEIR PROFESSIONS, AND TO GIVE GOD-HONORING LEADERSHIP IN THE HOME, CHURCH, COMMUNITY AND WORLD. 0 0 41818726 22143731 60628889 SEE SCHEDULE O.ACADEMIC INSTRUCTION AND SUPPORT:THE HIGHER EDUCATION FOCUS OFFERS A VAST ARRAY OF OPPORTUNITIES WITHIN A STRONG ACADEMIC PROGRAM. NORTHWESTERN OFFERS MORE THAN 70 AREAS OF STUDY RANGING FROM ELEMENTARY EDUCATION AND PASTORAL STUDIES TO BROADCASTING/ELECTRONIC MEDIA AND PSYCHOLOGY. THE CORE COMPONENT IS THE TRADITIONAL UNDERGRADUATE PROGRAM, WHICH ENROLLS OVER 1,800 STUDENTS. THE COLLEGE OF ADULT & GRADUATE STUDIES, WHICH SERVES AN ADDITIONAL 325 STUDENTS, INCLUDES THE ADULT UNDERGRADUATE PROGRAM AND GRADUATE STUDIES. UNDERGRADUATE PATHWAYS, INCLUDING PSEO/EARLY COLLEGE, AND ONLINE LEARNING TOGETHER SERVE APPROXIMATELY 1,825, BRINGING TOTAL ENROLLMENT TO OVER 3,950 STUDENTS ACROSS ALL VENUES. NORTHWESTERN'S 107-ACRE CAMPUS IN SUBURBAN SAINT PAUL, MINNESOTA HAS 15 ACADEMIC AND RESIDENTIAL BUILDINGS. NORTHWESTERN IS A COMMUNITY IN WHICH ALL LEARNING IS FRAMED WITHIN THE CONTEXT OF A BIBLICAL WORLDVIEW. STUDENTS WHO ENROLL AS FRESHMAN ARE REQUIRED TO COMPLETE 30 CREDITS OF BIBLE COURSES AS PART OF THEIR CORE CURRICULUM, THEREBY MAKING THEM ELIGIBLE FOR A SECOND MAJOR IN BIBLE FROM THE DEPARTMENT OF BIBLICAL AND THEOLOGICAL STUDIES. DAILY CHAPEL IS AN INTEGRAL PART OF THE TRADITIONAL PROGRAM WHERE STUDENTS HEAR WORLD-RENOWNED SPEAKERS AND PARTICIPATE IN PRAISE AND WORSHIP. NORTHWESTERN'S 39,000-PLUS ALUMNI POSITIVELY IMPACT SOCIETY THROUGH CAREERS IN LAW, EDUCATION, MEDICINE, GOVERNMENT, COMPUTER TECHNOLOGY AND FORTUNE 500 BUSINESSES, AS WELL AS IN MISSIONS, CHURCHES AND PARACHURCH MINISTRIES. 14488539 90594 11329485 SEE SCHEDULE 0. STUDENT AND AUXILIARY SERVICES:NORTHWESTERN STUDENTS ARE OFFERED A HOST OF ACADEMIC AND PERSONAL SUPPORT SERVICES AND RESOURCES TO HELP STUDENTS SUCCEED. STUDENT SERVICES INCLUDE DEGREE PLANNING, CAREER DEVELOPMENT, COUNSELING, PERSONAL HEALTH AND WELLNESS, ATHLETICS, MINISTRY OPPORTUNITIES, AND MORE. NORTHWESTERN OFFERS 8 RESIDENCE HALLS; 4 TRADITIONAL STYLE RESIDENCE HALLS AND 4 APARTMENT STYLE COMPLEXES THAT ACCOMMODATE THE VARIED NEEDS OF OUR STUDENT POPULATION. DURING THE YEAR 2019-2020, ON-CAMPUS RESIDENTS TOTALED OVER 1,050 STUDENTS AND DELIVERED DINING SERVICES TO MORE THAN 1,750 STUDENTS VIA OUR CAMPUS DINING PARTNER. OTHER AUXILIARY SERVICES PROVIDED ON CAMPUS INCLUDE TICKETING/EVENTS, A CHILD DEVELOPMENT CENTER SERVING 44 FAMILIES WITH NORTHWESTERN STUDENT PARTICIPATION, AND A CAMPUS STORE. 17861456 2195 6466905 SEE SCHEDULE O.NORTHWESTERN MEDIA:NORTHWESTERN MEDIA FOCUS BEGAN IN 1949 WHEN TWIN CITIES' RADIO STATION KTIS WENT ON THE AIR THANKS TO $44,000 GENERATED BY STUDENTS. FORMER NORTHWESTERN PRESIDENT WILLIAM F. "BILLY" GRAHAM GAVE THE FIRST ON-AIR PRAYER. TODAY, NORTHWESTERN OWNS AND OPERATES 81 NONCOMMERCIAL FCC LICENSES THAT ARE LISTENER-SUPPORTED CHRISTIAN RADIO STATIONS, COVERING 13 MARKETS IN MINNESOTA, NORTH AND SOUTH DAKOTA, IOWA, WISCONSIN, MISSOURI, ILLINOIS, INDIANA, NEBRASKA, AND CONNECTICUT WITH A CONSOLIDATED AUDIENCE OF MORE THAN 1,300,000 LISTENERS A WEEK. NORTHWESTERN MEDIA EXISTS TO LEAD PEOPLE TO CHRIST AND TO NURTURE BELIEVERS IN THEIR SPIRITUAL GROWTH THROUGH CHRIST-CENTERED MEDIA, INCLUDING MAJOR SPONSORSHIP OF CHRISTIAN CONCERTS IN OUR LISTENING AREA. NORTHWESTERN'S MEDIA MINISTRY REACHES BEYOND THE UNITED STATES THROUGH FINANCIAL AND THEOLOGICAL PARTNERSHIPS WITH CHRISTIAN RADIO STATIONS IN BELIZE, ECUADOR, KENYA, GUAM, INDONESIA, MONGOLIA , AND THAILAND. 74168721 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 0 1 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 1 295 0 2024 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 16 14 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AK CO DC MA MD MI MN NH OH OK OR SC WA X BRYON D KRUEGER 6516315100 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 DR ALAN CURETON PRESIDENT 45.00 2.00 X X 427015 0 28316 DR APRIL MORETON VP FOR INSTITUTIONAL ADVANCEMENT 45.00 0.00 X 172671 0 13958 JASON SHARP SR. VP FOR MEDIA 45.00 0.00 X 160444 0 24953 DR JANET SOMMERS SR. VP FOR ACADEMIC AFFAIRS 45.00 0.00 X 157238 0 25142 BRYON D KRUEGER VP FOR FINANCE & OPS/CFO/TREASURER 45.00 2.00 X 149913 0 24741 SCOTT JONES ASST VP FOR BUS OPS & TECH/MEDIA 45.00 0.00 X 124127 0 22991 TIMOTHY RICH VP OF HUMAN RESOURCES/PART YEAR 45.00 0.00 X 121056 0 22538 DR DON JOHNSON PROFESSOR OF PSYCHOLOGY 45.00 0.00 X 126704 0 16757 ANN SORENSON PROFESSOR OF BROADCASTING 45.00 0.00 X 122562 0 9479 ARNOLD LINDSTRAND TRUSTEE 2.00 0.00 X 13750 0 0 DR GEORGE KENWORTHY CHAIR 2.00 0.00 X X 0 0 0 GROVER SAYRE VICE CHAIR 2.00 2.00 X X 0 0 0 DR SARA A ROBERTSON SECRETARY - PARTIAL YEAR 2.00 0.00 X X 0 0 0 GINGER EWING SECRETARY 2.00 0.00 X X 0 0 0 THOR BECKEN TRUSTEE 2.00 0.00 X 0 0 0 MARY EDWARDS TRUSTEE 2.00 0.00 X 0 0 0 STAN ERICKSON TRUSTEE 2.00 2.00 X 0 0 0 PAUL BIERHAUS TRUSTEE 2.00 0.00 X 0 0 0 DEBORAH HEDLUND TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL MELOCH TRUSTEE - PARTIAL YEAR 2.00 0.00 X 0 0 0 JOHN FULLER TRUSTEE 2.00 0.00 X 0 0 0 STEWART VAN DUZER TRUSTEE 2.00 0.00 X 0 0 0 DAVID VENBERG TRUSTEE - PARTIAL YEAR 2.00 0.00 X 0 0 0 DR NEAL RICH TRUSTEE 2.00 0.00 X 0 0 0 ROBERT RICHERT TRUSTEE 2.00 0.00 X 0 0 0 TOM THOMPSON TRUSTEE 2.00 0.00 X 0 0 0 PHILIP VIERLING TRUSTEE 2.00 0.00 X 0 0 0 1575480 0 188875 24 0 1 0 BON APPETIT MANAGEMENT COMPANY 1701 AMERICAN BLVD E 8 BLOOMINGTON MN 55425 FOOD SERVICE 3174440 PCL CONSTRUCTION SERVICES INC 7101 METRO BLVD EDINA MN 55439 CONSTRUCTION SERVICES 2657608 TODD DEXTER & ASSOCIATES 1800 PRESTON BLVD STE 250 PLANO TX 75093 DIRECT MAIL 620020 FOR KING AND COUNTRY LLC PO BOX 1524 FRANKLIN TN 37065 CONCERT PERFORMANCE 500968 DONORDIRECTCOM 2435 N CENTRAL EXPRESSWAY SUITE 95 RICHARDSON TX 75080 SOFTWARE IMPLEMENTATION 482377 50 102000 27829959 1840359 27931959 TUITION 611600 57993873 57993873 MEDIA 722320 6466905 4173860 2293045 EVENT AND SERVICE FEES 611710 5780363 5367237 413126 STUDENT RESIDENT HOUSING 531110 4978650 4978650 FOOD SERVICE 611710 2752921 2752921 452567 452567 78425279 676761 676761 32402 7673 24729 24729 24729 4462969 4093532 369437 369437 369437 MISCELLANEOUS INCOME 900099 99285 99285 99285 107527450 75719108 437855 3438528 94546 94546 22141974 22141974 932307 381725 550582 21900 21900 35170257 26653409 6349921 2166927 1169051 788487 297429 83135 5982436 3986628 1959366 36442 2624418 1923303 549421 151694 229828 136393 91630 1805 75119 75119 958 958 752739 752739 65909 65909 6955561 4858054 1673316 424191 1518477 782396 408255 327826 3111164 1803670 1112711 194783 2051709 470408 1499309 81992 3743704 2399992 1316531 27181 1324001 1143532 116154 64315 217856 158788 46930 12138 1040877 117689 923041 147 5759212 5683035 76177 1176632 534102 637180 5350 FOOD & MEALS 3074610 2989991 30007 54612 TUITION REIMBURSEMENTS 1114150 58906 974747 80497 SUPPLIES 985445 620120 339919 25406 DUES & SUBSCRIPTIONS 948396 690343 225582 32471 2004308 1434265 534748 35295 104287544 74168721 25483700 4635123 X 3275648 9357909 14219811 7187548 1421705 1878528 1501071 938854 2000 0 235580 312829 699427 1148090 166803927 86439924 81211029 80364003 15611161 16259592 2274657 1957609 10859156 16420156 2953187 1622682 134264432 137447800 6156164 5536571 1438185 1731776 24334760 25699877 380183 339962 3899654 3737515 36208946 37045701 X 81299832 83373640 16755654 17028459 98055486 100402099 134264432 137447800 X 3239906 -533604 -359689 X X 0 1 X 1 1 1 X 20097311 19536445 20024411 22543537 27931959 110133663 20097311 19536445 20024411 22543537 27931959 110133663 2338003 107795660 644659 620209 770046 967759 676761 3679434 104109 99285 203394 114016491 385509592 0.94540 0.94270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 1 958 958 0 PART II-B, LINE 1: THE UNIVERSITY PAID MEMBERSHIP DUES TO ORGANIZATIONS WHERE THE DUES COVERED A PORTION OF LOBBYING EXPENSES. 43200 1235838 0 0 X X X 0 18722410 870622 265287 743299 19115020 17864543 617637 963761 723531 18722410 16977427 516050 1145350 774284 17864543 16121628 180052 1422669 746922 16977427 16496616 517480 91786 732378 251876 16121628 0.20230 0.66400 0.13370 0 0 6699191 6699191 130000267 62800020 67200247 549646 549646 0 27919981 23090258 4829723 1634842 1634842 80364003 TRUST AND ANNUITY OBLIGATIONS 51255 REFUNDABLE US GOV'T STUDENT LOAN FUNDS 1825424 ASSET RETIREMENT OBLIGATION 878139 INTEREST RATE SWAP LIABILITY 751268 OTHER LIABILITIES 231429 3737515 X PART III, LINE 4: THE UNIVERSITY HOLDS AN ART COLLECTION, WHICH FURTHERS OUR EDUCATIONAL EXEMPT PURPOSE BY PROVIDING ART STUDENTS WITH VARIOUS EXAMPLES OF ARTWORK FOR SCHOLARLY RESEARCH. PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO PROVIDE SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE FOR STUDENTS. PART X, LINE 2: THE UNIVERSITY QUALIFIES AS A TAX-EXEMPT NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATUTES OF MINNESOTA LAW. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE MOST SIGNIFICANT AREAS THAT SUBJECT THE UNIVERSITY TO UNRELATED BUSINESS INCOME TAX (UBIT) INCLUDE RADIO TOWER LEASES, CONFERENCES AND EVENTS, AND FACILITY RENTALS. 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 CONTAINED IN ALL REGISTRATION AND PROMOTIONAL MATERIALS. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY ADMINISTERS GOVERNMENT PROGRAMS SUCH AS WORK STUDY, PERKINS LOANS, PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, AND THE FEDERAL DIRECT LOAN PROGRAM THAT PROVIDE FINANCIAL ASSISTANCE TO ITS STUDENTS. EUROPE 0 0 PROGRAM SERVICES STUDY ABROAD/SHORT TERM MISSIONS 231000 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD/SHORT TERM MISSIONS 45000 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD/SHORT TERM MISSIONS 118000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDY ABROAD/SHORT TERM MISSIONS 66000 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD/RECRUITING 178000 0 0 0 0 0 0 638000 0 638000 0 0 0 0 0 0 PART I, LINE 3: THE UNIVERSITY USES THE ACCRUAL METHOD TO ACCOUNT FOR EXPENDITURES OUTSIDE OF THE UNITED STATES. PART III ACCOUNTING METHOD: X X X X X 1 TODD DEXTER & ASSOCIATES LLC 1800 PRESTON PARK BLVD STE 250 PLANO TX 75093 DIRECT MAIL 0 2424022 752739 1671283 2424022 752739 1671283 AK AL AR CA CO CT CT DE DC FL GA HI ID IL IN IA KS KY LA MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY GOLF CLASSIC EVENT 1 NORTHWESTERN FOUNDATION 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 411878924 501(C)(3) 67500 0 N/A N/A GENERAL OPERATING SUPPORT 1 0 SCHOLARSHIPS & TUITION ASSISTANCE 1883 22141974 N/A N/A PART I, LINE 2: THE UNIVERSITY MAKES CONTRIBUTIONS TO NORTHWESTERN FOUNDATION, A RELATED ORGANIZATION UNDER COMMON MANAGEMENT. FOR THE GRANTS TO UNRELATED ORGANIZATIONS, SENIOR MANAGEMENT GENERALLY MONITORS RECIPIENT SPENDING VIA COMMUNICATION WITH THE ORGANIZATIONS TO SEE HOW OPERATIONS ARE RUNNING. A SITE VISIT BY SENIOR MANAGEMENT MAY ALSO BE CONDUCTED TO CHECK THE STATUS OF THE ORGANIZATION AND/OR MONITOR THE PROGRESS OF THE INTENDED PROJECT. SCHOLARSHIPS AND GRANTS FOR STUDENTS ARE APPLIED DIRECTLY TO A STUDENT'S UNIVERSITY ACCOUNT AND APPLIED TO TUITION, FEES, ROOM AND BOARD. 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 THE UNIVERSITY. ANNUAL RENEWAL OF FINANCIAL AID IS CONTINUOUS IF INSTITUTIONAL FINANCIAL NEED REMAINS, ALL REQUIRED DOCUMENTS ARE COMPLETED BY THE PUBLISHED DEADLINE AND SATISFACTORY ACADEMIC PROGRESS IS MAINTAINED CONSISTENT WITH THE UNIVERSITY'S POLICY. X X X X 1 1 X X X X 0 1 0 0 0 0 0 1 0 DR ALAN CURETON PRESIDENT 321885 0 22225 0 82905 0 16200 0 12116 0 455331 0 0 0 DR APRIL MORETON VP FOR INSTITUTIONAL ADVANCEMENT 162109 0 9600 0 962 0 0 0 13958 0 186629 0 0 0 JASON SHARP SR. VP FOR MEDIA 159643 0 0 0 801 0 9720 0 15233 0 185397 0 0 0 DR JANET SOMMERS SR. VP FOR ACADEMIC AFFAIRS 155480 0 0 0 1758 0 9900 0 15242 0 182380 0 0 0 BRYON D KRUEGER VP FOR FINANCE & OPS/CFO/TREASURER 149132 0 0 0 781 0 9519 0 15222 0 174654 0 0 0 PART I, LINE 1A TAX GROSS-UP PAYMENTS: DR. CURETON - TAX GROSS UP PAYMENTS- INCLUDED IN TAXABLE COMPENSATION. FIRST CLASS OR CHARTER TRAVEL: DR. CURETON - FIRST CLASS OR CHARTER TRAVEL - NOT INCLUDIBLE IN TAXABLE COMPENSATION SINCE USED FOR BUSINESS PURPOSES. SOCIAL CLUB DUES: DR. CURETON - NOT INCLUDIBLE IN TAXABLE COMPENSATION SINCE USED FOR BUSINESS PURPOSES. PERSONAL SERVICES: DR. CURETON - FOR BUSINESS USE OF PERSONAL RESIDENCE - NOT INCLUDIBLE IN TAXABLE COMPENSATION. PART I, LINE 4B EMPLOYER CONTRIBUTION TO 457(F) PLAN: DR. CURETON - PAYMENT OF $10,500 TO 457(F) PLAN ON BEHALF OF DR. CURETON, NOT TAXABLE UNTIL VESTED. PART I, LINE 7 BONUSES ARE GIVEN OUT AS A WAY TO RECOGNIZE AND REWARD EXCEPTIONAL EMPLOYEE ACCOMPLISHMENTS/PERFORMANCE AND ALSO AS AN EXPRESSION OF APPRECIATION FOR UNIQUE AND SPECIAL CIRCUMSTANCES. BONUS PAYMENTS REQUIRE APPROVAL FROM SENIOR LEADERSHIP (I.E. VP, SVP, PRESIDENT OR BOARD). A PUBLIC FINANCE AUTHORITY 273866124 2014-07-01 25320000 SEE PART IV 0 0 0 A 10522000 25320000 6200000 19120000 2014 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 1 BMO HARRIS BANK NA 9.000000000000 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: PUBLIC FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 07/15/2014 SCHEDULE K, PART I, COLUMN (F): DEBT CONSOLIDATION, ATHLETIC COMPLEX RENOVATION, STUDENT HOUSING ACQUISITION GAYLE CURETON SPOUSE OF PRESIDENT, DR. ALAN CURETON 21900 EMPLOYMENT COMPENSATION 0 X 1 43200 PROFESSIONAL APPRAISAL X 42 343094 STOCK MARKET QUOTES X RADIO STATION ACQUISITIONS 2 1413639 ESTIMATED VALUE X GRAIN 20 35309 ESTIMATED VALUE X CDS/DVDS 1 4365 ESTIMATED VALUE X EVENT GOODS 3 609 ESTIMATED VALUE X TICKETS 1 143 ESTIMATED VALUE 76 0 1 0 PART I, COLUMN (B): COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 1 UNIVERSITY OF NORTHWESTERN - ST. PAUL HAS AN EXECUTIVE COMMITTEE, CONSISTING OF THE CHAIR, VICE-CHAIR AND SECRETARY OF THE BOARD OF TRUSTEES, THE PRESIDENT OF THE UNIVERSITY, AND THE CHAIR OF EACH OF THE STANDING COMMITTEES OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES ON ALL MATTERS EXCEPT FOR THE FOLLOWING, WHICH ARE RESERVED FOR THE FULL BOARD OF TRUSTEES: PRESIDENTIAL SELECTION AND TERMINATION, TRUSTEE AND BOARD OFFICER SELECTION, CHARTER AND BYLAW AMENDMENT, CHANGING THE INSTITUTION'S MISSION, INCURRING CORPORATE INDEBTEDNESS BEYOND WHAT THE BOARD OF TRUSTEES HAS AUTHORIZED BY RESOLUTION, APPROVAL OF THE ANNUAL BUDGET, AND CONFERRAL OF DEGREES. FORM 990, PART VI, SECTION A, LINE 3 THE UNIVERSITY OF NORTHWESTERN - ST. PAUL DELEGATES ITS DUTIES OF ENROLLMENT MANAGEMENT AND FINANCIAL AID TO AN INDEPENDENT CONTRACTOR. THE CONTRACTOR PERFORMED CONSULTING SERVICES AS THE VP OF ENROLLMENT MANAGEMENT FOR TWO MONTHS OF THE FISCAL YEAR AND REPORTS DIRECTLY TO THE PRESIDENT OF THE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 WAS PROVIDED TO THE UNIVERSITY'S VP OF FINANCE & OPERATIONS / CFO AND CONTROLLER FOR A DETAIL REVIEW AFTER ALL CHANGES WERE MADE AND QUESTIONS ANSWERED. A FINAL COPY OF THE FORM 990 WAS THEN APPROVED BY THE FINANCE COMMITTEE AND PROVIDED TO THE FULL BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY'S CONFLICT OF INTEREST POLICY APPLIES TO ITS BOARD OF TRUSTEES, OFFICERS AND MANAGEMENT EMPLOYEES. THE BOARD OF TRUSTEES SIGN A CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. IT IS THE RESPONSIBILITY OF ALL INTERESTED PERSONS TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST AS SOON AS THEY BECOME AWARE OF THEM. DISCLOSURES ARE MADE TO THE PRESIDENT OF THE UNIVERSITY OR THE CHAIR OF THE BOARD OF TRUSTEES, AS APPROPRIATE, WHO BRING THE MATTER TO THE ATTENTION OF THE ENTIRE BOARD OF TRUSTEES. THE BOARD THEN DETERMINES IF A CONFLICT EXISTS, WHETHER IT IS MATERIAL, AND WHETHER IT IS JUST, FAIR AND REASONABLE TO UNIVERSITY OF NORTHWESTERN - ST. PAUL. THE INTERESTED PERSON LEAVES THE ROOM FOR DISCUSSIONS INVOLVING, AND MAY NOT VOTE ON, THE RELEVANT CONTRACT OR TRANSACTION. WHEN THERE IS A CONFLICT OF INTEREST DURING A BOARD MEETING DISCUSSION, IT IS DOCUMENTED IN THE BOARD MINUTES THAT THE PERSON(S) WITH THE CONFLICT LEFT THE ROOM FOR THE COURSE OF THE DISCUSSION. FORM 990, PART VI, SECTION B, LINE 15A PRESIDENT OF UNIVERSITY OF NORTHWESTERN - ST. PAUL: NORTHWESTERN RECEIVES COMPARISON DATA FROM FOUR MAIN SOURCES: (1) COUNCIL FOR CHRISTIAN COLLEGES AND UNIVERSITIES, (2) CUPA, (3) YAFFE & CO, AND (4) COMPARABLE FORM 990S. ALL FOUR OF THESE SOURCES TARGET HIGHER EDUCATION COMPENSATION. THE OFFICE OF HUMAN RESOURCES IS RESPONSIBLE FOR REVIEWING THE SURVEYS RELATED TO TOP MANAGEMENT AS WELL AS ALL EMPLOYEES AND ENSURE THAT WAGES ARE WITHIN AN APPROPRIATE RANGE. THE PRESIDENT'S SALARY WAS OFFICIALLY REVIEWED BY THE BOARD OF TRUSTEES. THE LAST REVIEW WAS COMPLETED IN 2019 FOR PRESIDENT, A. CURETON. OTHER OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES: UNIVERSITY OF NORTHWESTERN - ST. PAUL HAS A FORMAL SALARY PROGRAM WITH SALARY GRADES AND SALARY RANGES FOR POSITIONS. UNIVERSITY OF NORTHWESTERN - ST. PAUL ANNUALLY PARTICIPATES IN MULTIPLE SALARY SURVEYS AND ALSO REVIEWS LOCAL SALARY DATA TO DETERMINE SALARY GRADE RANGES. ANNUALLY, THE PROCESS IS REVIEWED BY HUMAN RESOURCES AND SALARY GRADE INCREASES ARE MADE TO THE MINIMUM, MIDPOINT AND MAXIMUM OF THE PAY RANGE. ANNUALLY, VICE PRESIDENT SALARIES ARE REVIEWED BY THE PRESIDENT. THE PRESIDENT HAS ACCESS TO SALARY SURVEY DATA AND FROM THERE A REQUEST FOR SALARY CHANGE IS MADE BY THE PRESIDENT AND PRESENTED TO HUMAN RESOURCES FOR REVIEW AND PROCESSING. THE LAST REVIEW INCLUDED COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION WAS IN 2019. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. IT DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF ANNUITIES, TRUSTS -6,784. CHANGE IN VALUE OF INTEREST RATE SWAP -352,905. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. LINCOLN DRIVE PROPERTIES LLC 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 205476148 REAL ESTATE MN 12000 2751437 UNIVERSITY OF NORTHWESTERN - ST PAUL UNW STUDENT HOUSING LLC 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 411930409 STUDENT HOUSING MN 0 7429665 UNIVERSITY OF NORTHWESTERN - ST PAUL CENTRE POINTE DRIVE LLC 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 813221057 REAL ESTATE MN 0 8552177 UNIVERSITY OF NORTHWESTERN - ST PAUL UNW MEDIA HOLDINGS LLC 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 824870186 RADIO STATION MN 0 0 UNIVERSITY OF NORTHWESTERN - ST PAUL NORTHWESTERN FOUNDATION 3003 SNELLING AVENUE NORTH ST PAUL MN 55113 411878924 EDUCATION FOUNDATION MN 501(C)(3) LINE 7 UNIVERSITY OF NORTHWESTERN - ST PAUL 1 CHARITABLE REMAINDER TRUSTS (2) TRUSTS MN UNIVERSITY OF NORTHWESTERN - ST PAUL T 1 0 1 1 0 0 0 0 0 0 1 0 1 1 1 1 1 1 0 0 NORTHWESTERN FOUNDATION C 102000 FMV NORTHWESTERN FOUNDATION L 143000 FMV NORTHWESTERN FOUNDATION M 79282 FMV NORTHWESTERN FOUNDATION B 67500 FMV