2019-04-15T09:21:46-05:00 2018-05-31 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE STE 400 PLYMOUTH MEETING PA 19462 990 2017-06-01 231352654 LASALLE UNIVERSITY LASA 2159511000 1900 WEST OLNEY AVENUE PHILADELPHIA PA 19141 STEPHANIE PRICKEN VP FINANCE & ADMINISTRATION 2159511000 2019-04-11 1 KAREN GRIES P00078514 2156433900 67.137.57.251 2019-04-11 10:47:36 CD P 0F6CED516730F26F6D929EFCCC55701A57CAC9CA E168BB59A4AC1B98DF6FDFCBC72C1446FCA85D8B 2017 2019-02-21 02:37:17Z COLLEEN M HANYCZ PHD 1900 WEST OLNEY AVENUE PHILADELPHIA PA 19141 243515171 0 X WWW.LASALLE.EDU X 1863 PA PROVIDING A LIBERAL EDUCATION IN GENERAL AND SPECIALIZED STUDIES. 39 38 2287 39 75001 0 13720531 11645875 164779101 136815436 4356446 9108203 5582428 3693593 188438506 161263107 72746537 44341979 0 0 69551877 70524268 0 0 2670582 45223407 44348162 187521821 159214409 916685 2048698 291139117 291084710 170990589 168756836 120148528 122327874 X LA SALLE UNIVERSITY IS A CATHOLIC LASALLIAN CO-EDUCATIONAL, INDEPENDENT INSTITUTION, FOUNDED IN 1863 IN PHILADELPHIA, PENNSYLVANIA BY THE BROTHERS OF THE CHRISTIAN SCHOOLS, A CATHOLIC RELIGIOUS COMMUNITY OF VOWED LAYMEN DEDICATED TO TEACHING AND CAREER PREPARATION. THE UNIVERSITY IS COMMITTED TO ACADEMIC EXCELLENCE AND INDIVIDUALIZED ATTENTION IN A VALUES-BASED, INTER-FAITH EDUCATIONAL COMMUNITY AND TO PROVIDING A TRANSFORMATIVE EDUCATION THAT IS ACCESSIBLE AND AFFORDABLE TO ALL.LA SALLE STRIVES TO OFFER, THROUGH EFFECTIVE TEACHING, A QUALITY EDUCATION FOUNDED ON THE IDEA THAT ONE'S INTELLECTUAL AND SPIRITUAL DEVELOPMENT GO HAND IN HAND, COMPLIMENTING AND FULFILLING EACH OTHER. THE UNIVERSITY HAS, AS ITS BASIC PURPOSE, THE FREE SEARCH FOR TRUTH BY TEACHING ITS STUDENTS THE BASIC SKILLS, KNOWLEDGE, AND VALUES THAT THEY WILL NEED FOR A LIFE OF HUMAN DIGNITY. 0 0 115671111 44341979 117917324 INSTRUCTION - THE UNIVERSITY PROVIDED EDUCATION TO 3,148 AND 2,960 FULL-TIME, UNDERGRADUATE DAY STUDENTS IN THE FALL OF 2017 AND THE SPRING OF 2018 SEMESTERS, RESPECTIVELY. SUMMER PART-TIME, GRADUATE, EVENING, AND DOCTORATE PROGRAMS PROVIDED 37,530 CREDIT HOURS. THE UNIVERSITY PROVIDED AWARDS TO FULL-TIME AND PART-TIME STUDENTS. 2570730 0 2570728 STUDENTS SERVICES - THE UNIVERSITY PROVIDED COUNSELING, INTER-COLLEGIATE ATHLETICS, HEALTH ADVISING, STUDENT GOVERNING, AND OTHER STUDENT LIFE SERVICES FOR ALL STUDENTS. 16608072 0 16327384 AUXILIARY ENTERPRISES - THE UNIVERSITY PROVIDED BOOKSTORE, HOUSING, AND DINING SERVICES AT ANNUAL COST OF ROOM - $7,756 AND OF BOARD $6,420. THE UNIVERSITY PROVIDED ROOMS TO 1,695 AND 1,587 STUDENTS AND MEALS TO 2,026 AND 1,867 IN THE FALL 2017 AND SPRING 2018 SEMESTERS, RESPECTIVELY. 134849913 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 228 0 2287 1 1 1 0 0 0 0 0 0 0 0 0 X 39 38 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X STEPHANIE PRICKEN 2159511858 1900 WEST OLNEY AVENUE PHILADELPHIA PA 19141 BROTHER JACK CURRAN FSC TRUSTEE 1.00 X 0 0 0 PETER DIBATTISTE MD TRUSTEE 1.00 X 0 0 0 REGINALD M BROWNE TRUSTEE 1.00 X 0 0 0 JAMES L BUTLER FSC TRUSTEE 1.00 X 0 0 0 FRANK G BYRNE FSC TRUSTEE 1.00 X 0 0 0 DIEGO F CALDERIN TRUSTEE 1.00 X 0 0 0 HANNAH C DATZ TRUSTEE 1.00 X 0 0 0 STEPHEN K DEGNAN TRUSTEE 1.00 X 0 0 0 JAMES T DURKIN TRUSTEE 1.00 X 0 0 0 EDWARD J FIERKO TRUSTEE 1.00 X 0 0 0 PHILIP WJ FISHER TRUSTEE 1.00 X 0 0 0 DANIEL K FITZPATRICK TRUSTEE 1.00 X 0 0 0 AMY LYNN V FLOOD CPA TRUSTEE 1.00 X 0 0 0 JAMES GAFFNEY FSC D MIN TRUSTEE 1.00 X 0 0 0 JOHN S GRADY JR TRUSTEE 1.00 X 0 0 0 JOHN R GREED TRUSTEE 1.00 X 0 0 0 ELMER F HANSEN III TRUSTEE 1.00 X 0 0 0 BRIAN HENDERSON FSC TRUSTEE 1.00 X 0 0 0 JOHN KANE FSC ED D TRUSTEE 1.00 X 0 0 0 MARGARET A KANE TRUSTEE 1.00 X 0 0 0 MARK A LA FOND TRUSTEE 1.00 X 0 0 0 DENNIS LEE FSC TRUSTEE 1.00 X 0 0 0 THOMAS A LEONARD CPA TRUSTEE 1.00 X 0 0 0 JEROME S LEZYNSKI TRUSTEE 1.00 X 0 0 0 ROBERT W LIPTAK TRUSTEE 1.00 X 0 0 0 DENISE D'ANTONIO MALECKI TRUSTEE 1.00 X 0 0 0 BERNADETTE M MANGAN TRUSTEE 1.00 X 0 0 0 JOANN MAGNATTA TRUSTEE 1.00 X 0 0 0 WILIAM W MATTHEWS III ESQ TRUSTEE 1.00 X 0 0 0 RALPH J MAURO ESQ TRUSTEE 1.00 X 0 0 0 ANTHONY NOCELLA TRUSTEE 1.00 X 0 0 0 KEVIN F O'DONNELL TRUSTEE 1.00 X 0 0 0 FRANK C PALOPOLI TRUSTEE 1.00 X 0 0 0 GREGORY J WEBSTER TRUSTEE 1.00 X 0 0 0 JAMES V MORRIS TRUSTEE 1.00 X 0 0 0 DANIEL S ROBINS PHD TRUSTEE 1.00 X 0 0 0 WILLIAM R SASSO ESQ TRUSTEE 1.00 X 0 0 0 JOHN T SHANNON JR TRUSTEE 1.00 X 0 0 0 STEPHEN T ZARRILLI TRUSTEE AND CHAIRMAN 1.00 X 0 0 0 COLLEEN M HANYCZ PHD PRESIDENT 40.00 X X 441916 0 156230 EDWARD J SHEEHY FSC PHD VICE PRESIDENT 40.00 X 88682 0 9630 STEPHANIE PRICKEN VP, FINANCE & ADMIN 40.00 X 349632 0 14128 KEVIN DOLAN ESQ VICE PRESIDENT, GEN'L COUNSEL 40.00 X 266457 0 11837 BRIAN GOLDSTEIN PHD VP, ACADEMIC AFFAIRS 40.00 X 276386 0 51661 THOMAS F DELAHUNT VP, ENROLLMENT SERVICES 40.00 X 250216 0 22634 CATHLEEN PARSONS-NIKOLIC VP, UNIVERSITY ADVANCEMENT 40.00 X 271492 0 8100 DAWN SOUFLERIS PHD VP, STUDENT AFFAIRS 40.00 X 200068 0 5495 WILLIAM BRADSHAW ATHLETIC DIRECTOR 40.00 X 247093 0 69640 JOHN GIANNINI PHD ATHLETIC DIRECTOR 40.00 X 800223 0 23696 JEFFREY WILLIAMS ATHLETIC DIRECTOR 40.00 X 199554 0 18631 GARY GIAMARTINO DEAN, SCHOOL OF BUSINESS 40.00 X 188327 0 1305 KARL J HORVATH CHIEF INFORMATION OFFICER 40.00 X 200432 0 6966 KATHLEEN CZEKANSKI PHD DEAN, SCHOOL OF NURSING 40.00 X 192949 0 6924 3973427 0 406877 109 0 1 0 UNIVERSAL PROCTECTION SERVICE LP PO BOX 8288854 PHILADELPHIA PA 19182 SECURITY (FRMLY ALLIED BARTON) 1588054 INTERSTATE BUILDING MAINTENANCE CORPORAT 508 PRUDENTIAL ROAD SUITE 100 HORSHAM PA 19044 JANITORIAL SERVICES 1282974 ARMOUR AND SONS ELECTRIC INC PO BOX 597 LANGHORNE PA 19047 ELECTRICIAN 592228 EPLUS TECHNOLOGY INC 13595 DULLES TECHNOLOGY DR HERDON VA 20171 IT EXPENSES 354779 EBSCO 30 PARK ROAD SUITE 2 TINTON FALLS NJ 07724 SUBSCRIPTIONS 333909 30 299899 2447423 8898553 1314436 11645875 TUITION & FEES 900099 117917324 117917324 RESIDENCE HALLS 900099 14124574 14124574 ACADEMIC RELATED REVENUE 900099 2570728 2570728 DINING SERVICES 900099 1975534 1975534 CAMPUS STORE 900099 227276 227276 136815436 1834099 49436 1784663 32840 32840 1827018 930530 896488 896488 896488 84437277 4079160 80674929 567404 3762348 3511756 7274104 7274104 135886 299899 79201 56685 56685 ADMIN AND OTHER REVENUES 541800 2707580 25565 2682015 2707580 161263107 136815436 75001 12726795 44341979 44341979 4697920 2594611 1963513 139796 54007722 43755019 8510434 1742269 622631 469314 131048 22269 7139233 5381265 1502623 255345 4056762 3057823 853843 145096 3897665 1087199 2729648 80818 68064 68064 117327 117327 309678 309678 3366172 1759730 1511527 94915 2962223 2383316 448206 130701 1881630 1768515 90128 22987 3396338 3373178 23160 2009849 1926983 52423 30443 389066 354087 34979 6558043 6525765 32278 7366254 7366254 1569670 1307856 261814 REPAIRS, MAINTENANCE 2161028 1945209 215819 BAD DEBT EXPENSE 1527955 70 1527885 RENTAL EXPENSE 1398131 931634 465337 1160 BOOKS/SUBSCRIPTION 838082 852343 -14261 4530987 3667763 858441 4783 159214409 134849913 21693914 2670582 19927 44344 11848703 15479773 6360734 5696113 6104206 5594564 5164665 5410759 32373 1884269 2011034 298672265 141855635 160667172 156816630 80408523 90167821 13322073 4172759 5358845 5658540 291139117 291084710 14553382 11660342 2122906 2935291 132673473 132819605 7567684 7567684 14073144 13773914 170990589 168756836 X 67926436 66679850 23138931 25617171 29083161 30030853 120148528 122327874 291139117 291084710 2048698 130648 0 X 0 1 X 1 1 1 X 11837176 10534183 10933312 13720531 11645875 58671077 11837176 10534183 10933312 13720531 11645875 58671077 1664642 57006435 3908981 3509916 3399408 3192796 3693957 17705058 3547259 3767709 4510344 4902052 2843466 19570830 95946965 846365031 0.59410 0.60890 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2013 AMOUNT: $ 3,547,259. 2014 AMOUNT: $ 3,767,709. 2015 AMOUNT: $ 4,510,344. 2016 AMOUNT: $ 4,902,052. 2017 AMOUNT: $ 2,843,466. 795250 4649202 X X 0 85131784 1423512 5267733 1070193 5679327 85073509 81634257 1408594 8865113 1106130 5670050 85131784 87982244 3049468 -2937491 967327 5492637 81634257 87350063 864311 3061318 975447 2318001 87982244 81486938 983642 8736290 893242 2963565 87350063 0.46250 0.20720 0.33040 0 0 18125733 18125733 234772995 115053303 119719692 14442948 10643586 3799362 26147387 11766298 14381089 5183202 4392448 790754 156816630 OTHER LIABILITIES 8278821 ADVANCES FROM FEDERAL GOVERNMENT AND STUDENT LOANS 5495093 13773914 X 117869824 130648 117995 -44341979 -44093336 161963160 309678 -1009731 -700053 161263107 115690479 117996 -43332248 -43214252 158904731 309678 309678 159214409 PART III, LINE 4: THE LA SALLE UNIVERSITY ART MUSEUM PROVIDES AN EDUCATIONAL RESOURCE FOR LA SALLE STUDENTS, ESPECIALLY THOSE MAJORING IN ART HISTORY, AS WELL AS FOR THE COMMUNITIES IN THE SURROUNDING AREAS. THE MISSION OF THE MUSEUM IS TO FURTHER THE UNIVERSITY'S LASALLIAN EDUCATIONAL OBJECTIVES BY HELPING STUDENTS, OTHER MEMBERS OF THE UNIVERSITY COMMUNITY, AND THE GENERAL PUBLIC TO EXPERIENCE ART IN A AN INTIMATE SETTING AND TO PLACE THEM IN MEANINGFUL CONTEXTS. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 151 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE UNIVERSITY HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR UP TO 5% OF ITS FUNDS BASED ON A TRAILING 12 QUARTER AVERAGE ENDOWMENT MARKET VALUE. THE UNIVERSITY, OVER THE LONG TERM, EXPECTS THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT TO CONTINUE TO GROW. THIS IS CONSISTENT WITH THE UNIVERSITY'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF ITS ENDOWMENT ASSETS HELD IN PERPETUITY OR FOR A SPECIFIED TERM AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. PART X, LINE 2: THE UNIVERSITY HAS BEEN GRANTED TAX-EXEMPT STATUS AS A NON-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE MANAGEMENT TO EVALUATE THE TAX POSITIONS TAKEN BY THE UNIVERSITY AND RECOGNIZE A TAX LIABILITY OR ASSET IF THE UNIVERSITY HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE RELEVANT TAXING AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE UNIVERSITY, AND HAS CONCLUDED THAT AS OF MAY 31, 2018, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR ASSET OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE UNIVERSITY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -43,695,000. AUXILIARY ENTERPRISES -646,979. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENT EXPENSE -930,530. FUNDRAISING EXPENSE -79,201. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 79,201. RENTAL EXPENSES 930,530. STUDENT FINANCIAL ASSISTANCE -43,695,000. AUXILIARY ENTERPRISES -646,979. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 LA SALLE UNIVERSITY INCLUDES THIS POLICY IN ALL DOCUMENTS, INCLUDING RESEARCH MATERIALS AND ITS WEBSITE. SCHEDULE E, PART I, LINE 6 LA SALLE UNIVERSITY RECEIVES FINANCIAL AID/ASSISTANCE FROM VARIOUS FEDERAL (U.S. DEPARTMENT OF EDUCATION) AND STATE (COMMONWEALTH OF PENNSYLVANIA) GOVERNMENTAL AGENCIES INCLUDING: PERKINS STUDENT LOAN PROGRAM, COLLEGE WORK STUDY PROGRAMS, AND THE PELL GRANT PROGRAM. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS. 388622 EUROPE 0 0 PROGRAM SERVICES TUITION, ROOM & BOARD 209095 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES TUITION, ROOM & BOARD 26210 0 0 0 0 0 0 623927 0 623927 0 0 1 1 0 0 PART I, LINE 2: THE OFFICE OF ENROLLMENT SERVICES ASSISTS STUDENTS AND THEIR FAMILIES IN FINANCING THEIR LA SALLE EDUCATION THROUGH SCHOLARSHIPS, GRANTS, LOANS AND/OR ONE OF THE UNIVERSITY'S WORK PROGRAMS. AS IT PERTAINS TO THOSE STUDENTS WHO CHOOSE TO STUDY ABROAD, THEIR GRANTS ARE NOT TAKEN OUTSIDE THE US BUT APPLIED TO THEIR TOTAL LA SALLE BILL. THIS INCLUDES THE FOUNDER'S SCHOLARSHIP, MISSION GRANT, CHRISTIAN BROTHERS SCHOLARSHIP, FEDERAL SEOG GRANT AND ANY ENDOWED SCHOLARSHIP THAT IS AWARDED THROUGH STUDENT ENROLLMENT SERVICES. THESE ARE THE ONLY LA SALLE FUNDS THAT MAY BE AWARDED FOR STUDY ABROAD TUITION. AT THE END OF THE STUDENT'S STUDY ABROAD EXPERIENCE, THE OFFICE OF ENROLLMENT SERVICES WILL MONITOR THE STUDENTS GRADES TO ENSURE THAT THEY DID ATTEND THE STUDY ABROAD INSTITUTION. BECAUSE GRANTS ARE NOT TAKEN OUTSIDE THE US, BUT INSTEAD APPLIED TO THE STUDENT'S LA SALLE BILL, ALL GRANTS ARE SHOWN ON SCHEDULE I. PRESIDENT'S CUP 224326 129986 94340 51058 5216 CHARTER DINNER 139138 118288 20850 3569 863 1 72321 51625 20696 15736 1929 830 435785 299899 135886 15736 56556 6909 79201 56685 1 MERIT SCHOLARSHIPS & NEED-BASED 3344 42260994 FEDERAL WORK STUDY 330 114410 DISCRETIONARY AND OTHER AID 726 1966575 PART I, LINE 2: LA SALLE UNIVERSITY MAINTAINS RECORDS TO QUANTIFY THE DOLLAR AMOUNT OF THE STUDENT FINANCIAL ASSISTANCE AWARDED, THE NUMBER OF RECIPIENTS PER GRANT/SCHOLARSHIP, AND THE SELECTION CRITERIA. X 1 0 X X X X X 0 0 0 0 0 0 0 1 0 COLLEEN M HANYCZ PHD PRESIDENT 381166 0 50000 0 10750 0 5400 0 150830 0 598146 0 0 0 STEPHANIE PRICKEN VP, FINANCE & ADMIN 349632 0 0 0 0 0 5400 0 8728 0 363760 0 0 0 KEVIN DOLAN ESQ VICE PRESIDENT, GEN'L COUNSEL 266457 0 0 0 0 0 70 0 11767 0 278294 0 0 0 BRIAN GOLDSTEIN PHD VP, ACADEMIC AFFAIRS 276386 0 0 0 0 0 5400 0 46261 0 328047 0 0 0 THOMAS F DELAHUNT VP, ENROLLMENT SERVICES 250216 0 0 0 0 0 4998 0 17636 0 272850 0 0 0 CATHLEEN PARSONS-NIKOLIC VP, UNIVERSITY ADVANCEMENT 261742 0 0 0 9750 0 5469 0 2631 0 279592 0 0 0 DAWN SOUFLERIS PHD VP, STUDENT AFFAIRS 200068 0 0 0 0 0 3196 0 2299 0 205563 0 0 0 WILLIAM BRADSHAW ATHLETIC DIRECTOR 238843 0 0 0 8250 0 4794 0 64846 0 316733 0 0 0 JOHN GIANNINI PHD ATHLETIC DIRECTOR 787973 0 0 0 12250 0 5400 0 18296 0 823919 0 0 0 JEFFREY WILLIAMS ATHLETIC DIRECTOR 191304 0 0 0 8250 0 2229 0 16402 0 218185 0 0 0 GARY GIAMARTINO DEAN, SCHOOL OF BUSINESS 188327 0 0 0 0 0 705 0 600 0 189632 0 0 0 KARL J HORVATH CHIEF INFORMATION OFFICER 200432 0 0 0 0 0 3995 0 2971 0 207398 0 0 0 KATHLEEN CZEKANSKI PHD DEAN, SCHOOL OF NURSING 192949 0 0 0 0 0 3487 0 3437 0 199873 0 0 0 PART I, LINE 1A COLLEEN M. HANYCZ - HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - THE LODGING IS A CONDITION OF EMPLOYMENT FURNISHED FOR THE CONVENIENCE OF THE UNIVERSITY. THE UNIVERSITY'S PRESIDENT PERFORMS A SIGNIFICANT PORTION OF HER DUTIES ON UNIVERSITY BUSINESS AS THE RESIDENCE. LODGING IS INCLUDED IN THE PRESIDENT'S EMPLOYMENT CONTRACT. PART I, LINE 7 THE PRESIDENT OF THE UNIVERSITY RECEIVED A BONUS WHICH WAS INCLUDED IN TAXABLE COMPENSATION. THE BONUS WAS BASED ON PERFORMANCE ESTABLISHED IN AN EMPLOYMENT CONTRACT AND NOT RELATED TO REVENUE OR EARNINGS OF THE UNIVERSITY. A PA HIGHER ED FACILITIES AUTHOIRTY 2012 232243852 70917XXXX 2012-09-12 94975000 CONSTRUCTION/REFUND PRIOR ISSUE 0 0 0 B PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 70917XXXX 2017-11-29 40050000 CONSTRUCTION/REFUND PRIOR ISSUE 0 0 0 A 8020431 110269657 3001225 1270025 20913343 2017 1 1 1 1 B 43878079 8020431 564030 886200 4613615 1 1 1 1 A 0 0 0 0 0.01900 0.09300 0.11200 0 1 0.06280 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 X 78 795250 THIRD PARTY FMV X 45 519186 FMV 8 0 1 0 PART I, COLUMN (B): COLUMN (B) REPORTS THE NUMBER OF ITEMS. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE BOARD CHAIR (WHO SHALL SERVE AS CHAIR OF THE EXECUTIVE COMMITTEE), THE VICE-CHAIRS, THE PRESIDENT, THE BROTHER VISITOR OF DENA, AND THE CHAIRS OF ALL OF THE STANDING COMMITTEES. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE, WHEN THE BOARD IS NOT IN SESSION, ALL OF THE POWERS OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE UNIVERSITY, EXCEPT THAT THE EXECUTIVE COMMITTEE MAY NOT GRANT OR CONFER DEGREES, NOR MAKE REMOVALS FROM OFFICE, NOR INCUR ANY INDEBTEDNESS UNLESS PREVIOUSLY AUTHORIZED TO DO SO BY THE BOARD. DURING THE INTERVAL BETWEEN MEETINGS OF THE BOARD, ALL COMMITTEES SHALL REPORT TO THE EXECUTIVE COMMITTEE SUCH MATTERS WHICH THEY DEEM NECESSARY AND SHALL PERFORM SUCH OTHER FUNCTIONS AS REQUESTED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE PROCESS OF REVIEWING LA SALLE UNIVERSITY'S 990 RETURN INTERNALLY IS THOROUGH AND COMPLETE. THE FIRST STEP IN THE PROCESS REQUIRES THE FINANCIAL AUDIT TO BE SUBSTANTIALLY COMPLETE, AND THEN THE APPROPRIATE PERSONS AT THE UNIVERSITY ARE CONTACTED SO THEY MAY BEGIN PREPARING THEIR RESPECTIVE SECTIONS OF THE 990. THE DATA IS THEN GATHERED AND ENTERED INTO THE 990 AND SUPPORTING SCHEDULES. UPON COMPLETION OF THE 990, BY THE DIRECTOR OF FINANCE AND ACCOUNTING, THE 990 ALONG WITH ALL SUPPORTING SCHEDULES ARE SENT TO THE INDEPENDENT ACCOUNTANTS. ONCE REVIEWED BY THE INDEPENDENT ACCOUNTANTS, AND ANY QUESTIONS ANSWERED OR SUPPORT PROVIDED, IT IS SENT BACK TO THE UNIVERSITY FOR FINAL REVIEW AND PRESENTATION TO THE UNIVERSITY'S FINANCE AND AUDIT COMMITTEE. LASTLY, THE FINAL VERSION WILL BE SENT TO THE VICE-PRESIDENT FOR FINANCE AND ADMINISTRATION FOR APPROVAL AND SIGNATURE. THE FORM 990 IS PROVIDED TO THE GOVERNING BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS WRITTEN CONFLICT OF INTEREST POLICY. THE UNIVERSITY REQUIRES THAT ALL BOARD MEMBERS ANNUALLY SIGN A CONFLICT-OF-INTEREST STATEMENT. THIS STATEMENT PLACES THE RESPONSIBILITY OF EXPECTATION ON EACH MEMBER THAT HE/SHE MUST ALWAYS ACT IN THE BEST INTERESTS OF THE UNIVERSITY AND REFRAIN FROM ACTIONS THAT WOULD BE TO THE SOLE BENEFIT OF THE MEMBER AT THE EXPENSE OF LA SALLE UNIVERSITY. REGARDING THE UNIVERSITY'S STAFF AND EMPLOYEES, THERE IS ON-GOING TRAINING CONDUCTED BY VARIOUS DEPARTMENTS. THE INTENT OF THIS TRAINING IS TO HAVE EMPLOYEES UNDERSTAND AND EMBRACE THE "LA SALLIAN" VIRTUES AND CODES OF CONDUCT FOR ALL EMPLOYEES. THE CONFLICT OF INTEREST POLICY APPLIES TO MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS, KEY EMPLOYEES, AND STAFF OF THE UNIVERSITY. IT IS ALSO INTENDED TO SERVE AS A GUIDE FOR ALL EMPLOYEES OF LA SALLE. DISCLOSURES BY BOARD MEMBERS ARE DIRECTED TO THE BOARD CHAIR INCLUDING ANY DISCLOSURES BY THE PRESIDENT. ALL OTHER EMPLOYEES ARE TO DISCLOSE ANY CONFLICTS OR POTENTIAL CONFLICTS TO THE OFFICER OF THEIR RESPECTIVE DIVISION. ANY SUCH DISCLOSURE SHOULD THEN BE FORWARDED TO HUMAN RESOURCES FOR INCLUSION IN THE EMPLOYEE'S PERSONNEL FILE. ANY PERSON UNSURE OF A CONFLICT MAY REQUEST AN OFFICER TO WEIGH IN ON THE MATTER TO ASCERTAIN WHETHER OR NOT A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THERE IS A COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES WHICH REVIEWS THE COMPENSATION OF THE PRESIDENT AND CERTAIN SENIOR UNIVERSITY EXECUTIVES. BEGINNING IN 2009, THE BOARD ENGAGED AN OUTSIDE CONSULTANT, YAFFE & COMPANY, INC. TO ADVISE ON EXECUTIVE COMPENSATION GOING FORWARD. THIS FIRM HAS BEEN A SPECIALIST IN REVIEWING NON-PROFIT EXECUTIVE COMPENSATION SINCE 1976. THE PROCESS UTILIZES CUSTOMIZED REGIONAL AND NATIONAL SALARY SURVEY DATA, COMPLIES WITH ALL IRS AND OTHER REQUIREMENTS FOR INDEPENDENCE, ACCOUNTABILITY, DISCLOSURE, AND DOCUMENTATION. CONSEQUENTLY, OUR EXECUTIVES ARE COMPENSATED COMPETITIVELY AND OUR TRUSTEES ARE SECURE IN KNOWING THAT ALL REGULATORY REQUIREMENTS HAVE BEEN MET. YAFFE WILL THEN PRESENT ITS FINDINGS AND RECOMMENDATIONS BACK TO THE LA SALLE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. AT THIS POINT, THERE WOULD BE DELIBERATION ON ANY RECOMMENDATIONS AND THE BOARD WILL ALSO TAKE INTO ACCOUNT ANY OTHER RELEVANT INFORMATION AND FACTORS IN DETERMINING THE REASONABLENESS OF EXECUTIVE COMPENSATION. THIS PROCESS LAST OCCURRED FOR THE PRESIDENT AND SENIOR UNIVERSITY EXECUTIVES IN SEPTEMBER 2018. FORM 990, PART VI, SECTION C, LINE 19 LA SALLE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS AND IRS FORM 990 ARE MADE AVAILABLE UPON REQUEST. COIN CRI CLUB 20TH OLNEY AVENUE PHILADELPHIA PA 19141 232075569 HOLDS LICENSE PA 501(C)(3) 11C N/A 1 EMMET CORPORATION 1900 WEST OLNEY AVENUE PHILADELPHIA PA 19140 463317692 CHARITABLE PA 501(C)(3) 7 LA SALLE 1 LA SALLE UNIVERSITY - PIF (2) 1900 WEST OLNEY AVENUE PHILADELPHIA PA 19141 236835551 PIF PA T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0