2020-02-18T19:51:45-06:00 2019-06-30 420714325 RSM US LLP 201 FIRST ST SE SUITE 800 CEDAR RAPIDS IA 52401 990 2018-07-01 880435559 ROSEMAN UNIVERSITY OF HEALTH SCIENCES ROSE 7029685568 11 SUNSET WAY HENDERSON NV 890142333 RENEE COFFMAN PRESIDENT 7029685568 2020-02-14 1 CARLEY UMSTEAD P00982177 3192985333 66.98.98.135 2020-02-14 16:46:32 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 E4ABA8F15BE2D3976B0A57403F8CBD5A32D08AEB 2018 2020-09-23 17:36:50Z RENEE COFFMAN 11 SUNSET WAY HENDERSON NV 890142333 121757988 0 X WWW.ROSEMAN.EDU X 1999 NV ROSEMAN UNIVERSITY EDUCATES HEALTHCARE PROFESSIONALS AND ADVANCES HEALTHCARE EDUCATION THROUGH ITS INNOVATIVE EDUCATIONAL MODEL; IT CREATES AND DISSEMINATES NEW KNOWLEDGE; IT IMPACTS THE HEALTH, EDUCATION, AND WELLNESS OF THE COMMUNITIES IT SERVES, AND IT PROVIDES A COLLABORATIVE AND SUPPORTIVE ENVIRONMENT THAT ENABLES ITS STUDENTS, FACULTY, AND STAFF TO BE SUCCESSFUL. 15 14 735 3000 0 0 4955485 6815931 90597643 95063589 762502 3029036 344558 1195606 96660188 106104162 155325 238650 0 0 46732118 47813090 0 0 519517 41480312 43477088 88367755 91528828 8292433 14575334 201923479 212767519 128857803 126599524 73065676 86167995 X ROSEMAN UNIVERSITY EDUCATES HEALTHCARE PROFESSIONALS AND ADVANCES HEALTHCARE EDUCATION THROUGH ITS INNOVATIVE EDUCATIONAL MODEL; IT CREATES AND DISSEMINATES NEW KNOWLEDGE; IT IMPACTS THE HEALTH, EDUCATION, AND WELLNESS OF THE COMMUNITIES IT SERVES, AND IT PROVIDES A COLLABORATIVE AND SUPPORTIVE ENVIRONMENT THAT ENABLES ITS STUDENTS, FACULTY, AND STAFF TO BE SUCCESSFUL. 0 0 40865670 238650 96053449 INSTRUCTION: THE UNIVERSITY OFFERS ADVANCED HEALTH SCIENCES DEGREES SUCH AS DOCTOR OF DENTAL MEDICINE, AN ACCELERATED THREE YEAR DOCTOR OF PHARMACY, MASTERS OF BUSINESS ADMINISTRATION (MBA), BOTH AN ACCELERATED HYBRID, TRADITIONAL BACHELORS OF SCIENCE IN NURSING DEGREE AND VETERAN TO BACHELOR'S OF SCIENCE IN NURSING DEGREE AND BOTH ORTHODONTIC AND ADVANCED EDUCATION IN GENERAL DENTISTRY RESIDENCY PROGRAMS ACROSS ITS CAMPUSES IN NEVADA AND UTAH. APPROXIMATELY 1,627 STUDENTS WERE ENROLLED IN THESE PROGRAMS AND 734 STUDENTS GRADUATED DURING THE FISCAL YEAR. ROSEMAN IS THE LARGEST, NOT-FOR-PROFIT PRIVATE UNIVERSITY BASED IN NEVADA AND HAS CUMULATIVELY GRADUATED OVER 5000 HEALTHCARE PROFESSIONALS SINCE ITS INCEPTION IN 1999. 13192591 126738 ACADEMIC SUPPORT AND STUDENT SERVICES: OUR FOUNDERS APPROACHED LEARNING DIFFERENTLY, THEY BELIEVED THAT STUDENTS HAVE DIFFERENT LEARNING STYLES AND MAY NEED TO BE ENGAGED DIFFERENTLY. THEY BELIEVED EVERY STUDENT CAN SUCCEED AND COMPETE AT A VERY HIGH LEVEL GIVEN THE RIGHT TOOLS AND TRAINING. USING THE SIX-POINT MASTERY LEARNING MODEL, ROSEMAN PRODUCES HIGHLY COMPETANT GRADUATES WHO EXCEED NATIONAL AVERAGE PASS RATES ON BOARD EXAMINATIONS AND ARE BEST IN BREED IN THEIR CHOSEN FIELDS. OUR STUDENTS DRAW FROM OVER 43 STATES AND 16 COUNTRIES WORLDWIDE AND THEY ACTIVELY PARTICIPATE IN NUMEROUS COMMUNITY GROUPS AND ACTIVITIES INCLUDING OFFERING FREE DENTAL CARE, IMMUNIZATIONS AND HEALTH SCREENINGS TO UNDERSERVED POPULATIONS, GUIDANCE ON MEDICARE THROUGH THE MEDICARE CALL LAB, FREE MONTHLY SPEAKER SERIES ON HEALTH RELATED TOPICS AND MUCH MORE. 6335598 RESEARCH: THE UNIVERSITY HAS OUTSTANDING TEAMS OF WORLD-CLASS RESEARCHERS FOCUSING ON CRITICAL HEALTH ISSUES SUCH AS DIABETES, OBESITY, CANCER, NEURODEGENERATIVE DISEASES LIKE ALZHEIMER'S AND PARKINSON'S, SUBSTANCE ABUSE AND DEPRESSION. THIS YEAR, THE UNIVERSITY HELD THE 3RD ANNUAL ROSEMAN UNIVERSITY OF HEALTH SCIENCES RESEARCH SYMPOSIUM WITH NUMEROUS SUBMISSIONS FROM THE UNIVERSITY COMMUNITY ACROSS MULTIPLE RESEARCH AREAS. 3113229 PUBLIC SERVICES 3113229 63507088 1 1 0 1 0 0 0 0 1 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 1 1999 0 1 735 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 UT NV X KEN WILKINS 7029904433 11 SUNSET WAY HENDERSON NV 89014 BRUCE WOOLLEY TRUSTEE 1.00 X 0 0 0 CARLENE WALKER TRUSTEE 1.00 X 0 0 0 DAVID J DUNN TREASURER 1.00 X X 0 0 0 DAVID STEINBERG TRUSTEE 1.00 X 0 0 0 DIANA BOND BOARD CHAIR 1.00 X X 0 0 0 HARVEY RICEBERG TRUSTEE 1.00 X 0 0 0 HOLLY PRIEVO TRUSTEE 1.00 X 0 0 0 HUGH ANDERSON TRUSTEE 1.00 X 0 0 0 JASON GLICK BOARD CHAIR ELECT 1.00 X X 0 0 0 JOHN RICH TRUSTEE 1.00 X 0 0 0 MARK HOWARD TRUSTEE 1.00 X 0 0 0 MARY GREAR TRUSTEE 1.00 X 0 0 0 ROBERT TALLEY TRUSTEE 1.00 X 0 0 0 RONALD A MEMO TRUSTEE 1.00 X 0 0 0 SUZANNE CRAM TRUSTEE 1.00 X 0 0 0 HARRY ROSENBERG PRESIDENT EMERITUS/SECRETARY 40.00 1.00 X 379037 0 32658 KEN WILKINS VP BUSINESS AND FINANCE/TREASURER 40.00 1.00 X 196010 0 28886 RENEE COFFMAN PRESIDENT 40.00 1.00 X 382850 0 39028 EUCHARIA NNADI CHANCELLOR, HENDERSON CAMPUS 40.00 X 320942 0 30994 MARK PENN CHANCELLOR, SUMMERLIN CAMPUS 40.00 1.00 X 414691 0 31657 MARTIN LIPSKY CHANCELLOR, JORDAN CAMPUS 40.00 X 304798 0 38744 BRUCE MORGENSTERN ASSOC DEAN CLINICAL AFFAIR 40.00 X 291308 0 32334 DONALD HARMAN ASSOC DEAN ADMISSIONS & STUDENT SVCS 40.00 X 265872 0 46944 FRANK LICARI DEAN, COLLEGE OF DENTAL MEDICINE 40.00 X 368954 0 38923 RONALD FISCUS PROFESSOR OF BIOMEDICAL SCIENCES 40.00 X 336171 0 21146 THOMAS HUNT CHAIR DEPT OF FAMILY MEDICINE 40.00 X 358415 0 44597 3619048 0 385911 150 0 1 0 TRITION MEDICAL SOLUTIONS LLC PO BOX 13606 TEMPE AZ 852840061 MEDICAL SERVICES 397635 FABRICA 193 W 2100 S SUITE 200 SLC UT 84115 ADVERTISEMENT 301646 RSM US LLP 331 WEST 3RD ST STE 200 DAVENPORT IA 52801 ACCOUNTING 183469 3 1027263 5788668 668203 6815931 TUITION & FEES 611310 90372269 90372269 DENTAL CLINIC INCOME 621110 3636917 3636917 ORTHODONTIC CLINIC INC 621110 701238 701238 REIMBURSEMENT OF NURSI 900099 226427 226427 126738 126738 95063589 1324821 1324821 1116598 0 1116598 1116598 1116598 17329601 244 15625630 0 1703971 244 1704215 1704215 107204 28196 79008 79008 106104162 96180187 0 3108044 238650 238650 1856753 203129 1450495 203129 1004882 707823 292642 4417 37636253 27210403 10286798 139052 2106124 1521196 565136 19792 2605286 1809555 793050 2681 2603792 1834067 754933 14792 182438 35658 146780 165000 165000 78750 78750 20774 20774 2726474 839896 1883262 3316 551643 314297 237306 40 953270 202344 750509 417 6311084 4282651 1971242 57191 1614058 1197163 416560 335 12225 12225 5765051 3647010 2085759 32282 6184955 3824078 2322739 38138 PROGRAM SUPPLIES 12790347 12759280 31067 DUES & SUBSCRIPTIONS 2072323 1512540 559733 50 REPAIRS & MAINTENANCE 1825936 233680 1592256 EQUIPMENT RENTAL 1272352 513798 758554 0 950408 607645 338878 3885 91528828 63507088 27502223 519517 3004442 6940571 33934149 42385132 112312 85836 1435242 4135273 400955 581422 2206084 3166713 173254397 41965117 135053848 131289280 15436069 14656562 90752 -853861 10249626 10380591 201923479 212767519 9429779 10425357 11320301 10525801 99772211 98016345 287359 97903 566115 508507 7482038 7025611 128857803 126599524 X 67919235 77869284 4802351 8298711 344090 0 73065676 86167995 201923479 212767519 X 14575334 -530145 -942870 X 0 1 X 1 1 1 X 2904526 2324749 3548685 4955485 6815931 20549376 2904526 2324749 3548685 4955485 6815931 20549376 5471119 15078257 371508 517321 540856 638346 1345595 3413626 23963002 426819436 0.62920 0.73270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 0 0 1 60000 60000 0 PART II-B, LINE 1: THE ORGANIZATION HIRED LOBBYING FIRMS TO KEEP TRACK OF LEGISLATION AFFECTING PHARMACY, NURSING, AND DENTAL ISSUES. THE ORGANIZATION ALSO PAYS DUES FOR MEMBERSHIP IN PROFESSIONAL ASSOCIATIONS. A PORTION OF SUCH DUES MAY BE USED FOR LOBBYING. 0 1 X 21157904 16604488 1708814 31575 20444 39419187 20420217 10200 784641 22110 35044 21157904 14584457 5010200 868919 43359 20420217 13799348 10390 805815 333 30763 14584457 12795658 606074 467344 6050 63678 13799348 0.98680 0.00880 0.00440 0 0 29429751 29429751 103592201 17405675 86186526 15234813 7206733 8028080 23024326 16553630 6470696 1973306 799079 1174227 131289280 DEFERRED RENT PAYABLE 7025611 7025611 X 106443988 -530145 890745 360600 106083388 20774 20774 106104162 93341669 2072265 2072265 91269404 20774 238650 259424 91528828 PART IV, LINE 2B: FUNDS HELD FOR STUDENTS ORGANIZATIONS AND FOR A FACULTY MEMBER. PART V, LINE 4: THE ROSEMAN UNIVERSITY ENDOWMENT FUND IS USED TO SUPPORT THE EDUCATIONAL MISSION OF THE UNIVERSITY. THE UNIVERSITY INTENDS TO USE THE ENDOWMENT FUNDS FOR SCHOLARSHIPS, OTHER STUDENT ACTIVITY SUPPORT AND FOR GENERAL OPERATIONS. THE BOARD DESIGNATED ENDOWMENT IS BEING HELD UNTIL THE BOARD DETERMINES SPECIFIC USES. THE PERMANENT ENDOWMENT IS PRIMARILY FOR SCHOLARSHIPS. PART X, LINE 2: THE UNIVERSITY IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY IS THE SOLE MEMBER OF RMER, ROSEMAN BIOTECHNOLOGIES, LLC AND ROSEMONT ENTERPRISES II, LLC, ALL SINGLE MEMBER LIMITED LIABILITY COMPANIES TREATED AS DISREGARDED ENTITIES FOR TAX PURPOSES. THE UNIVERSITY MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES ON ANY NET INCOME FROM UNRELATED BUSINESS ACTIVITIES. THE UNIVERSITY, ROSEMAN UNIVERSITY HEALTH SYSTEM DBA ROSEMAN MEDICAL GROUP AND ROSEMAN UNIVERSITY FOUNDATION ALL FILE A SEPARATE FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY AND UNRELATED BUSINESS INCOME (UBI) IS REPORTED ON FORM 990-T, AS APPROPRIATE. FINANCIAL AND OTHER INFORMATION APPLICABLE TO THE UNIVERSITY'S DISREGARDED ENTITIES IS REPORTED IN THE UNIVERSITY'S ANNUAL FORM 990, AS APPROPRIATE. ROSEMAN ONCOLOGY, INC. AND ROSEMAN DIAGNOSTICS, INC. WILL EACH FILE A FORM 1120. MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS, WHICH INCLUDE SUCH MATTERS AS THE TAX-EXEMPT STATUS AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UBI. AS OF JUNE 30, 2019 AND 2018, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABILITY. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF AUDIT REPORT CONSOLIDATED ENTITIES 1,129,395. SCHOLARSHIPS NETTED WITH REVENUE -238,650. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF AUDIT REPORT CONSOLIDATED ENTITIES 2,072,265. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED WITH REVENUE 238,650. 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 POSTED ON THE SCHOOL'S WEBSITE AND IN HANDBOOKS. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVED TITLE IV FINANCIAL AID AND ASSISTANCE FROM PELL, SUBSIDIZED, UNSUBSIDIZED, DIRECT LOANS, AND SEOG, AS WELL AS STUDENT SCHOLARSHIPS AND GRANTS. GOLF EVENT 86895 86895 4364 23832 AUCTION 7620 7620 3 12689 12689 107204 107204 4364 23832 28196 79008 1 INTERNAL SCHOLARSHIPS 95 238650 CASH PART I, LINE 2: SCHOLARSHIPS AND GRANTS ARE DETERMINED BY PROGRAM COMMITTEES AND ARE RECORDED ON STUDENT LEDGERS. EACH PROGRAM SELECTS ITS INTERNAL SCHOLARSHIP AWARDEES, SUBJECT TO REVIEW BY THE FINANCIAL AID OFFICE. THE FINANCIAL AID OFFICE AWARDS SDS SCHOLARSHIPS. THE UNIVERSITY ACCOUNTING OFFICE MAINTAINS RECORDS OF AMOUNTS AWARDED AND DISBURSED. X X 0 1 X X X 1 0 0 0 0 0 0 0 0 HARRY ROSENBERG PRESIDENT EMERITUS/SECRETARY 304108 0 0 0 74929 0 20625 0 12033 0 411695 0 0 0 KEN WILKINS VP BUSINESS AND FINANCE/TREASURER 189011 0 0 0 6999 0 13961 0 14925 0 224896 0 0 0 RENEE COFFMAN PRESIDENT 370949 0 0 0 11901 0 18625 0 20403 0 421878 0 0 0 EUCHARIA NNADI CHANCELLOR, HENDERSON CAMPUS 313985 0 0 0 6957 0 20625 0 10369 0 351936 0 0 0 MARK PENN CHANCELLOR, SUMMERLIN CAMPUS 380495 0 0 0 34196 0 20300 0 11357 0 446348 0 0 0 MARTIN LIPSKY CHANCELLOR, JORDAN CAMPUS 296811 0 0 0 7987 0 18673 0 20071 0 343542 0 0 0 BRUCE MORGENSTERN ASSOC DEAN CLINICAL AFFAIR 284593 0 0 0 6715 0 20625 0 11709 0 323642 0 0 0 DONALD HARMAN ASSOC DEAN ADMISSIONS & STUDENT SVCS 256614 0 0 0 9258 0 20625 0 26319 0 312816 0 0 0 FRANK LICARI DEAN, COLLEGE OF DENTAL MEDICINE 361582 0 0 0 7372 0 20625 0 18298 0 407877 0 0 0 RONALD FISCUS PROFESSOR OF BIOMEDICAL SCIENCES 131346 0 0 0 204825 0 8469 0 12677 0 357317 0 0 0 THOMAS HUNT CHAIR DEPT OF FAMILY MEDICINE 352828 0 0 0 5587 0 19626 0 24971 0 403012 0 0 0 PART I, LINE 1A DR. ROSENBERG AND DR. PENN WERE PROVIDED HOUSING ALLOWANCES WITH BOARD APPROVAL. THESE AMOUNTS ARE INCLUDED IN TAXABLE INCOME AND REPORTED ON SCHEDULE J, PART II, COLUMN B (III). PART I, LINE 1B HOUSING ALLOWANCES AND GROSS UP PAYMENTS ARE APPROVED AS PART OF THE COMPENSATION PACKAGE FOR SELECT OFFICERS AND KEY EMPLOYEES. THESE PAYMENTS ARE APPROVED IN ADVANCE AND ARE NOT IN A WRITTEN UNIVERSITY POLICY. PART I, LINE 4A DURING THE YEAR, A SEVERANCE PAYMENT OF $202,913 WAS PAID TO RONALD FISCUS, HIGHEST COMPENSATED EMPLOYEE. ALL AMOUNTS PAID HAVE BEEN PROPERLY REPORTED ON FORM W-2 AND REPORTED IN FORM 990, PART VII, COLUMN D, AND ALSO IN SCHEDULE J, PART II, COLUMN B(III). A PUBLIC FINANCE AUTHORITY 273866124 74442PAK1 2012-12-13 38720000 ACQUISITIONS, EQUIPPING, & CONSTRUCTION 0 0 0 B PUBLIC FINANCE AUTHORITY 273866124 744429AU9 2015-04-08 67500000 ACQUISITIONS, EQUIPPING, CONSTRUCTION, & REFINANCE 0 0 0 A 4525000 38720000 2704325 774400 35725275 2013 0 0 1 1 B 2245000 67580496 4928213 33463724 1350000 27838560 2015 1 1 1 1 A 0 1 0 0 0.00060 0.00060 0 0 1 B 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 0 B 0 SCHEDULE K, PART II, LINE 3: THIS AMOUNT INCLUDES INVESTMENT EARNINGS. SCHEDULE K, PART III: THE ORGANIZATION MONITORS USE OF BOND FINANCED FACILITIES AND HAS DETERMINED THAT IT HAS NO MANAGEMENT OR SERVICE CONTRACTS, RESEARCH CONTRACTS, UNRELATED TRADE OR BUSINESS ACTIVITIES, OR OTHER ACTIVITIES IN BOND-FINANCED FACILITIES THAT WOULD RESULT IN PRIVATE BUSINESS USE EXCEPT FOR THE DE MINIMIS AMOUNT INDICATED IN PART III. HARRY ROSENBERG FAMILY MEMBER OF RENEE COFFMAN, PRESIDENT 407653 COMPENSATION AS PRESIDENT EMERITUS OF THE UNIVERSITY 0 RENEE COFFMAN FAMILY MEMBER OF HARRY ROSENBERG, PRESIDENT EMERITUS 404125 COMPENSATION AS PRESIDENT OF THE UNIVERSITY 0 SARALYN BARNES FAMILY MEMBER OF KEN WILKINS, VP BUSINESS AND FINANCE/TREASURER 123200 SARALYN BARNES IS A PAID EMPLOYEE OF ROSEMAN UNIVERSITY OF HEALTH SCIENCES. 0 REBECCA PENN FAMILY MEMBER OF MARK PENN, CHANCELLOR, SUMMERLIN CAMPUS. 59005 REBECCA PENN IS A PAID EMPLOYEE OF ROSEMAN UNNIVERSITY OF HEALTH SCIENCES. 0 DAVID PENN FAMILY MEMBER OF MARK PENN, CHANCELLOR, SUMMERLIN CAMPUS. 118162 DAVID PENN IS A PAID EMPLOYEE OF ROSEMAN UNNIVERSITY OF HEALTH SCIENCES. 0 STONEROSE RESEARCH LAB LLC OWNED BY DAVID STEINBERG, TRUSTEE 391496 LEASE PAYMENTS BY THE UNIVERSITY FOR OFFICE AND LABORATORY SPACE 0 SUNSET VISTA PROFESSIONAL PARK II LLC OWNED BY DAVID STEINBERG, TRUSTEE 313019 LEASE PAYMENTS BY THE UNIVERSITY FOR OFFICE AND LABORATORY SPACE 0 SCH L, PART IV, SUPPLEMENTAL INFORMATION: THE UNIVERSITY ENTERED INTO THE LEASE AGREEMENT WITH STONEROSE RESEARCH LAB, LLC IN 2012 PRIOR TO THE OWNER, DAVID STEINBERG, JOINING THE UNIVERSITY BOARD OF TRUSTEES IN 2014. THE UNIVERSITY ENTERED INTO THE LEASE AGREEMENT WITH SUNSET VISTA PROFESSIONAL PARK II, LLC IN 2010 PRIOR TO THE OWNER, DAVID STEINBERG, JOINING THE UNIVERSITY BOARD OF TRUSTEES IN 2014. X 17 668203 FMV 0 1 0 PART I, COLUMN (B): THE UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART I, LINE 6: THE NUMBER OF VOLUNTEERS IS AN ESTIMATE AND INCLUDES THE PRECEPTORS FOR ALL STUDENT CLINICALS AS WELL AS FUNDRAISING VOLUNTEERS. FORM 990, PART VI, SECTION A, LINE 2 RENEE COFFMAN, PRESIDENT AND HARRY ROSENBERG, PRESIDENT EMERITUS HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION DID NOT HAVE MEMBERS, STOCKHOLDERS, OR OTHER PERSONS WHO HAD THE POWER TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY, BUT IN AN AGREEMENT BETWEEN ROSEMAN UNIVERSITY AND ALLIANCE FOR CHILDHOOD DISEASES, THE CEO OF ALLIANCE FOR CHILDHOOD DISEASES WILL SERVE AS A VOTING MEMBER OF THE BOARD OF TRUSTEES OF ROSEMAN UNIVERSITY AND THE CEO OF ROSEMAN UNIVERSITY WILL SERVE AS A VOTING MEMBER OF THE BOARD OF TRUSTEES OF ALLIANCE FOR CHILDHOOL DISEASES. FORM 990, PART VI, SECTION B, LINE 11B THE OUTSIDE TAX PREPARER AND VP OF BUSINESS AND FINANCE REVIEW THE FORM 990 WITH THE FINANCE COMMITTEE WHO IS RESPONSIBLE FOR PROVIDING FEEDBACK AND APPROVAL FOR FILING OF THE FORM. A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN AND COMPLETE AN ANNUAL FORM TO ENSURE COMPLIANCE WITH THE POLICY. ALL EMPLOYEES ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST IN ACCORDANCE WITH THE POLICIES SET OUT IN THE EMPLOYEE HANDBOOK. IF ANY TRUSTEE, OFFICER, DIRECTOR, AND/OR EMPLOYEE GIVES NOTICE OF A CONFLICT OF INTEREST OR RELATIONSHIP, HE/SHE SHALL THEREAFTER REFRAIN FROM DISCUSSING OR VOTING ON THE PARTICULAR TRANSACTION IN WHICH HE/SHE HAS AN INTEREST, OR OTHERWISE ATTEMPTING TO EXERT ANY INFLUENCE ON THE ORGANIZATION, OR ITS COMPONENTS TO AFFECT A DECISION TO PARTICIPATE OR NOT PARTICIPATE IN SUCH TRANSACTION. FOR EMPLOYEES, THE EMPLOYEE'S IMMEDIATE SUPERVISOR AND THE DIRECTOR OF HUMAN RESOURCES WILL REVIEW THE CONFLICT OF INTEREST FORM. THE VP OF BUSINESS AND FINANCE/TREASURER WILL ALSO REVIEW THE FORMS FOR CONFLICTS OF INTEREST AND WILL TAKE APPROPRIATE ACTION. IF THE INTEREST IS DEEMED A CONFLICT, IT WILL BE PRESENTED TO THE PRESIDENT AND TO ADMINISTRATIVE COUNCIL FOR DISCUSSION AND POSSIBLE ACTION. FOR BOARD MEMBERS, THE CONFLICT OF INTEREST FORMS WILL BE DISCUSSED AT THE BOARD MEETING. IF A CONFLICT OF INTEREST OR RELATIONSHIP IS DEEMED BY THE BOARD, THE CONFLICTED BOARD MEMBER WILL BE REQUIRED TO RECUSE HIM OR HERSELF FROM INVOLVEMENT IN ANY DECISION OR DISCUSSION WHICH THE CONFLICT HAS BEEN IDENTIFIED. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S SALARY AND BENEFITS ARE SET ANNUALLY BY AN EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AFTER REVIEWING INFORMATION ON COMPARABLE SALARIES FOR UNIVERSITY PRESIDENTS. THERE IS A WRITTEN AGREEMENT FOR COMPENSATION OF THE PRESIDENT EMERITUS THAT WAS APPROVED BY THE BOARD OF TRUSTEES. OTHER OFFICER AND KEY EMPLOYEE SALARIES ARE DETERMINED BY THEIR SUPERVISORS USING COMPARATIVE UNIVERSITY DATA. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CURRENT YEAR NET INCOME (LOSS) OF SUBSIDIARIES -942,870. ROSEMAN MEDICAL EDUCATION AND RESEARCH LLC (RMER) 11 SUNSET WAY HENDERSON NV 89014 MEDICAL EDUCATION & RESEARCH NV 0 9212439 ROSEMAN UNIVERSITY OF HEALTH SCIENCES ROSEMONT ENTERPRISES II LLC 11 SUNSET WAY HENDERSON NV 89014 MEDICAL EDUCATION & RESEARCH NV 0 0 ROSEMAN UNIVERSITY OF HEALTH SCIENCES ROSEMAN BIOTECHNOLOGIES LLC 11 SUNSET WAY HENDERSON NV 89014 MEDICAL EDUCATION & RESEARCH NV 0 0 ROSEMAN UNIVERSITY OF HEALTH SCIENCES ROSEMAN UNIVERSITY HEALTH SYSTEM (DBA ROSEMAN MEDICAL GROUP) 11 SUNSET WAY HENDERSON NV 89014 814425246 MEDICAL EDUCATION & RESEARCH NV 501(C)(3) LINE 12A, I ROSEMAN UNIVERSITY OF HEALTH SCIENCES 1 ROSEMAN UNIVERSITY FOUNDATION 11 SUNSET WAY HENDERSON NV 89014 814412871 MEDICAL EDUCATION & RESEARCH NV 501(C)(3) LINE 7 ROSEMAN UNIVERSITY OF HEALTH SCIENCES 1 ROSEMAN DIAGNOSTICS INC 11 SUNSET WAY HENDERSON NV 89014 821820454 MEDICAL EDUCATION AND RESEARCH DE ROSEMAN UNIV OF HEALTH SCIENCES C 27834 1.00000 1 ROSEMAN ONCOLOGY INC 11 SUNSET WAY HENDERSON NV 89014 821813676 MEDICAL EDUCATION AND RESEARCH DE ROSEMAN UNIV OF HEALTH SCIENCES C 290 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0