2019-05-03T13:55:39-05:00 2018-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2017-07-01 453656162 SAINT JOHN'S UNIVERSITY SAIN 3203633161 2850 ABBEY PLAZA PO BOX 2222 COLLEGEVILLE MN 563212222 RICHARD ADAMSON VP OF FINANCE & ADMINISTRATION 3203633164 2019-04-29 1 KAREN GRIES P00078514 6123764500 67.137.57.251 2019-04-29 08:20:03 CD P 8930F06402091CE01DE01F5E1C46450EDDF6C8AB 912999D8D5E4D9097136BAD3000543774677FD22 2017 2019-02-21 02:37:17Z MICHAEL HEMESATH 2850 ABBEY PLAZA PO BOX 2222 COLLEGEVILLE MN 563212222 146133930 0 0928 X WWW.CSBSJU.EDU X 2012 MN TO FOSTER THE VITALITY OF COMMUNITY THROUGH LEARNING AND THE PURSUIT OF WISDOM. 35 33 2096 185 140112 -61750 17460158 17507215 94368188 94606654 14136632 13165075 2073639 2338351 128038617 127617295 39361143 40155185 0 0 42085723 42566096 49260 24368 3636989 30128547 32375248 111624673 115120897 16413944 12496398 404595868 419294392 60569039 54147602 344026829 365146790 X SEE SCHEDULE O 0 0 66990729 40113986 74837007 INSTRUCTION: SAINT JOHN'S UNIVERSITY'S UNDERGRADUATE COLLEGE PROGRAMS ARE DESIGNED TO MEET THE NEEDS AND ASPIRATIONS OF YOUNG MEN, EMPHASIZING LEADERSHIP AND A PERSONAL DEVELOPMENT PROFILE THAT INCLUDES INTELLECTUAL, SPIRITUAL, EMOTIONAL AND PHYSICAL DEVELOPMENT. ITS VALUES-BASED AND VALUE-ADDED RESIDENTIAL LIBERAL ARTS EDUCATION PROVIDES THE FRAMEWORK FOR FULFILLING LIVES OF DISCIPLINED INQUIRY AND LEADERSHIP IN CAREERS DEVOTED TO THE PROFESSIONS, PUBLIC LIFE AND SERVICE TO OTHERS. UNDERGRADUATE FALL ENROLLMENT OF 1,712 FTE STUDENTS AND 382 GRADUATES. APPROXIMATELY 15 PERCENT OF GRADUATES GO DIRECTLY TO GRADUATE SCHOOL, WHILE 85 PERCENT FIND CAREER-RELATED POSITIONS OR ENTER SERVICE WORK.SAINT JOHN'S SCHOOL OF THEOLOGY: SEMINARY GRADUATE PROGRAM FOR MEN AND WOMEN IS A RICH AND DIVERSE LEARNING COMMUNITY IN THE BENEDICTINE TRADITION, WHERE STUDENTS RECEIVE STRONG SUPPORT FOR THEIR ACADEMIC AND SPIRITUAL DEVELOPMENT. THE GRADUATE PROGRAM OFFERS THE MASTER OF ARTS DEGREE IN THEOLOGY, LITURGICAL STUDIES, LITURGICAL MUSIC, PASTORAL MINISTRY, AND A MASTER OF DIVINITY DEGREE. THESE DEGREES PREPARE STUDENTS FOR ORDINATION TO THE ROMAN CATHOLIC PRIESTHOOD AND DEACONATE, FOR LAY MINISTRY, TEACHING, AND FURTHER ACADEMIC STUDY. GRADUATE FALL ENROLLMENT OF 67 FTE AND 21 GRADUATES. 21699779 41199 1650504 STUDENT SERVICES AND PROGRAMMING: THROUGH A FOUR-YEAR RESIDENTIAL PROGRAM, NEARLY ALL STUDENTS (87%) LIVE ON CAMPUS. SAINT JOHN'S UNIVERSITY'S STUDENT DEVELOPMENT PROGRAMS PROMOTE THE HEALTH, SAFETY, LEARNING, GROWTH, AND DEVELOPMENT OF STUDENTS WITHIN THE CONTEXT OF COMMUNITY. WE ARE PARTICULARLY ATTENTIVE TO COLLEGE MEN AND THEIR ENGAGEMENT AND REFLECTION IN WAYS THAT ARE CONSISTENT WITH OUR CATHOLIC, BENEDICTINE, RESIDENTIAL, LIBERAL ARTS IDENTITY AND CHARACTER. THE FACULTY RESIDENT PROGRAM IS A DISTINCTIVE PART OF CAMPUS LIFE, WHEREBY BENEDICTINE PROFESSORS AND ADMINISTRATORS LIVE IN THE RESIDENCE AREAS AND SERVE AS ADULT MENTORS. 13073847 0 17943627 AUXILIARY SERVICES: AS A RURAL RESIDENTIAL CAMPUS, SAINT JOHN'S UNIVERSITY OPERATES ITS AUXILIARY SERVICES TO ENHANCE THE EDUCATIONAL EXPERIENCE BY BUILDING A SENSE OF COMMUNITY. THESE AUXILIARY OPERATIONS PROVIDE SERVICES SUCH AS HOUSING, FOOD SERVICE, AND THE BOOKSTORE. 101764355 1 1 0 1 0 0 0 1 1 1 1 1 0 0 1 1 1 0 1 1 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 1 0 1 1 0 0 0 1 1 0 0 0 1 202 0 2096 1 1 1 0 0 0 0 1 1 0 0 0 0 X 35 33 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 IL KY MA MD MI MN NH OK OR SC WI X KEN OSBORNE 3203633161 2850 ABBEY PLAZA PO BOX 2222 COLLEGEVILLE MN 563212222 MICHAEL HEMESATH PRESIDENT 60.00 X X 341206 0 79546 MARILOU ELDRED TRUSTEE - CHAIR 5.00 X X 0 0 0 PATRICK ELLINGSWORTH TRUSTEE - VICE CHAIR 4.00 X X 0 0 0 DAN MCKEOWN TRUSTEE - VICE CHAIR 4.00 X X 0 0 0 GRETCHEN AGEE TRUSTEE 2.00 X 0 0 0 PATRICK BAILEY TRUSTEE 2.00 X 0 0 0 DENNIS BEACH OSB TRUSTEE/ASSOC PROFESSOR/FACULTY RESIDENT 50.00 X 0 0 0 TONY CHRISTIANSON TRUSTEE 2.00 X 0 0 0 BRIAN CREVOISERAT TRUSTEE 2.00 X 0 0 0 STEVE CUMMINGS TRUSTEE 2.00 X 0 0 0 SANDY PFEFFERLE FORSTER TRUSTEE 2.00 X 0 0 0 PHILIP GALANIS TRUSTEE 2.00 X 0 0 0 STUART HARVEY JR TRUSTEE 2.00 X 0 0 0 LINDA HOESCHLER TRUSTEE 2.00 X 0 0 0 JOSEPH HOESLEY TRUSTEE 3.00 X 0 0 0 ERIC HOLLAS OSB TRUSTEE/DEPUTY TO PRESIDENT FOR ADVMT 50.00 X 0 0 0 JIM JAROCKI TRUSTEE 3.00 X 0 0 0 BRADLEY JENNIGES OSB TRUSTEE 2.00 50.00 X 0 0 0 BILL KLING TRUSTEE 2.00 X 0 0 0 DUSAN KOSIC TRUSTEE 2.00 X 0 0 0 PEGGY LADNER TRUSTEE 3.00 X 0 0 0 BENEDICT LEUTHNER OSB TRUSTEE 2.00 50.00 X 0 0 0 BRIAN MCGRANE TRUSTEE 2.00 X 0 0 0 GREGORY MELSEN TRUSTEE 2.00 X 0 0 0 BENNETT MORGAN TRUSTEE 2.00 X 0 0 0 JOE MUCHA TRUSTEE 3.00 X 0 0 0 THOMAS NICOL TRUSTEE 3.00 X 0 0 0 JOSE PERIS TRUSTEE 3.00 X 0 0 0 ANTHONY RUFF OSB TRUSTEE/ASSOC PROFESSOR 50.00 X 0 0 0 JOYCE SCHLOUGH TRUSTEE 2.00 X 0 0 0 BILL SCHUBERT TRUSTEE 2.00 X 0 0 0 FRED SENN TRUSTEE 2.00 X 0 0 0 JIM SEXTON TRUSTEE 2.00 X 0 0 0 GREGORY SOUKUP TRUSTEE 2.00 X 0 0 0 MICHAEL URBANOS TRUSTEE 2.00 X 0 0 0 RICHARD ADAMSON VP OF FIN&ADMIN/TREASU 50.00 X 225136 0 38929 PATRICIA EPSKY CORP SEC/CHIEF OF STAFF 50.00 X 101748 0 17892 ROBERT CULLIGAN VP OF INST ADVANCEMENT 50.00 X 221282 0 47191 RICHARD ICE PROVOST 50.00 X 193233 0 17724 JAMES TRIGGS EXEC DIR - HERITAGE PROGRA 50.00 X 170599 0 52933 JON MCGEE VP PLANNING & PUBLIC AFFAI 50.00 X 138040 0 95286 JOHN YOUNG ASSOC VP INST ADVANCEMENT 50.00 X 138090 0 100624 NICHOLAS HAYES CHAIR CRITICAL THINKING 50.00 X 124560 0 12533 BRADFORD D NEARY SENIOR DEVELOPMENT OFFICER 50.00 X 120729 0 6968 1774623 0 469626 28 0 1 0 MCGOUGH CONSTRUCTION CO INC 2737 FAIRVIEW AVENUE N ROSEVILLE MN 55113 CONSTRUCTION 11583702 ORDER OF SAINT BENEDICT 2900 ABBEY PLAZA COLLEGEVILLE MN 56321 MAINTENANCE, REPAIRS AND SERVICES 4113301 HARDRIVES INC 14475 QUIRAM DRIVE ROGER MN 55374 CONSTRUCTION 592323 BREITBACH PO BOX 78 ELROSA MN 56325 CONSTRUCTION 573599 CSNA ARCHITECTS 532 N TEJON STREET COLORADO SPRINGS CO 80903 ARCHITECTS 266824 12 16395 1177423 16313397 1812382 17507215 TUITION AND FEES 611600 74837007 74837007 FOOD SERVICES 611700 9101272 9011905 89367 RESIDENCE HALLS 611700 8483063 8460174 22889 STUDENT SERVICES & PROGRAMMING 611700 1650504 1650504 OTHER AUXILIARIES 611700 534808 471548 63260 94606654 5060264 -71803 5132067 35563 35563 24998911 16894100 8104811 8104811 8104811 66764 16395 54053 12711 12711 3292222 1568482 1723740 36399 1687341 MISCELLANEOUS 900099 566337 566337 566337 127617295 94431138 140112 15538830 41199 41199 40113986 40113986 1316843 1034526 282317 30193295 25023969 3193711 1975615 1904916 1598322 196804 109790 7144318 5862030 999138 283150 2006724 1603295 272808 130621 289985 289239 746 62816 62816 120051 120051 24368 24368 1304869 1304869 1823484 1501021 310924 11539 658071 392964 129403 135704 117630 60558 45099 11973 1048920 572419 448510 27991 28317 28317 8873212 8106493 761367 5352 2113582 1817695 128834 167053 954578 367592 372902 214084 303731 303731 5419296 4767083 652213 216229 77289 138940 OTHER AUXILIARIES 4707776 4707776 STUDENT PROGRAMMING 3567211 3567211 COST CENTER ALLOCATIONS 0 1176515 -1342552 166037 765490 74890 599951 90649 115120897 101764355 9719553 3636989 11853608 12154289 14705112 13332626 2661152 1766567 7224582 7151815 576380 505696 177331546 26102462 151839055 151229084 154958167 163723199 50706692 58951140 2737032 2727260 7334088 7752716 404595868 419294392 8266213 6834497 2315478 2333606 2058941 1327753 40952498 36621193 226807 199667 6749102 6830886 60569039 54147602 X 195309459 206442441 64089868 68116382 84627502 90587967 344026829 365146790 404595868 419294392 X 12496398 8913243 -289680 X 0 1 X 1 1 1 X 15231669 19370978 19854523 17460158 17507215 89424543 15231669 19370978 19854523 17460158 17507215 89424543 1739830 87684713 5527683 6235563 5022867 5874329 5364014 28024456 60625 10723 71348 1165063 544720 511862 570935 566337 3358917 120879264 472827679 0.72540 0.66070 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: NET GAIN ON INSURANCE PROCEEDS MISCELLANEOUS REVENUE 0 0 0 0 0 0 0 0 0 0 0 0 1 120051 120051 0 PART II-B, LINE 1: SAINT JOHN'S UNIVERSITY IS A MEMBER OF THE MINNESOTA PRIVATE COLLEGE COUNCIL (MPCC), AN ORGANIZATION DESCRIBED IN SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. MPCC IS AN ASSOCIATION OF PRIVATE NONPROFIT INSTITUTIONS OF HIGHER EDUCATION THAT SERVES A VARIETY OF ITS MEMBERS' SHARED NEEDS, INCLUDING, BUT NOT ONLY, NONPARTISAN AND NON-ELECTORAL ADVOCACY FOR PUBLIC POLICY THAT MEETS STUDENTS' NEEDS AND ADVANCES THE INTERESTS OF PRIVATE HIGHER EDUCATION. SAINT JOHN'S UNIVERSITY PAID THIS FIGURE IN MEMBERSHIP DUES TO MPCC DURING THE TAXABLE YEAR. A PORTION OF THIS AMOUNT, BUT NOT ALL OF IT, SUPPORTED ATTEMPTS TO INFLUENCE LEGISLATION WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("LOBBYING"). THE AMOUNT OF LOBBYING EXPENSES PAID FROM SAINT JOHN'S UNIVERSITY'S DUES WAS SIGNIFICANTLY LESS THAN THAT AMOUNT. 592816 15519744 X X X 0 0 1 X 179747004 4512331 17790734 5328192 -44028 196765905 159303656 6532008 23310342 4165203 5233799 179747004 169513293 4971212 -2861269 4031895 8287685 159303656 168915757 2770421 5779372 3574983 4377274 169513293 152164296 4753054 24118118 3315624 8804087 168915757 0.30350 0.42490 0.27170 1 0 12775740 12775740 126985822 18849154 108136668 16400696 7253308 9147388 21169288 21169288 151229084 PRIVATE EQUITY 19398023 F VENTURE CAPITAL 8758885 F REAL ESTATE 19359618 F SECURITIES HELD OUTSIDE 11434614 F 58951140 ANNUITIES AND UNITRUSTS PAYABLE 5599675 OTHER LONG TERM LIABILITIES 1231211 6830886 X 96444538 8913243 1622535 10535778 85908760 1304869 40403666 41708535 127617295 75324577 1622535 1622535 73702042 1304869 40113986 41418855 115120897 PART III, LINE 4: THE UNIVERSITY HOLDS A HAND WRITTEN BIBLE, VARIOUS RARE BOOKS, AND DIGITAL IMAGES OF RARE OR ENDANGERED MANUSCRIPTS. THESE ITEMS ARE BEING PRESERVED FOR USE BY STUDENTS AND SCHOLARS FOR RESEARCH PURPOSES. PART IV, LINE 2B: THE UNIVERSITY HOLDS FUNDS ON BEHALF OF OTHER ORGANIZATIONS FOR FISCAL MANAGEMENT PURPOSES. THESE FUNDS ARE HELD BY THE UNIVERSITY AND DISTRIBUTED BACK TO THE ORGANIZATION UPON REQUEST. THE UNIVERSITY HAS RECOGNIZED THE FUNDS AS A LIABILITY IN THE STATEMENT OF FINANCIAL POSITION. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT DRAW IS USED TO SUPPORT STUDENT FINANCIAL AID, INSTRUCTION, PROGRAMMING, AND THE GENERAL OPERATIONS OF THE INSTITUTION. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS ALSO EXEMPT FROM STATE INCOME TAX. THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE UNIVERSITY IS SUBJECT TO UNRELATED BUSINESS INCOME TAX WITH RESPECT TO PARTNERSHIP INVESTMENT INCOME, ADVERTISING REVENUE, EVENTS REVENUE, AND BOOKSTORE WEBSITE SALES. THE UNIVERSITY HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE IMPLEMENTATION OF THIS STANDARD HAD NO IMPACT ON THE UNIVERSITY'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,568,482. SPECIAL EVENT EXPENSES 54,053. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 40,113,986. ACTUARIAL LIABILITY -179,659. GAIN ON EXTINGUISHMENT OF DEBT 469,339. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,568,482. SPECIAL EVENT EXPENSES 54,053. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 40,113,986. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 POLICIES ARE PUBLISHED ON THE UNIVERSITY'S WEBSITE, ADS IN LOCAL NEWSPAPERS AND OTHER PUBLICATIONS AS A RESULT OF EMPLOYMENT ANNOUNCEMENTS AS WELL AS CORRESPONDENCE WITH CURRENT AND POTENTIAL STUDENTS. SCHEDULE E, PART I, LINE 6 SAINT JOHN'S UNIVERSITY RECEIVES FEDERAL AND STATE AID FOR GRANTS AND WORKSTUDY. CENTRAL AMERICA & CARIBBEAN 0 19 PROGRAM SERVICES STUDENT PROGRAMS 112335 EAST ASIA & THE PACIFIC 0 15 PROGRAM SERVICES STUDENT PROGRAMS 256345 EUROPE 0 66 PROGRAM SERVICES STUDENT PROGRAMS 1153362 SOUTH AMERICA 0 6 PROGRAM SERVICES STUDENT PROGRAMS 295825 SOUTH ASIA 0 2 PROGRAM SERVICES STUDENT PROGRAMS 9253 SUB-SAHARAN AFRICA 0 2 PROGRAM SERVICES STUDENT PROGRAMS 4665 EUROPE 0 1 PROGRAM SERVICES BIBLE HERITAGE 80147 MIDDLE EAST & NORTH AFRICA 0 4 PROGRAM SERVICES HMML PRESERVATION 140891 SOUTH ASIA 0 1 PROGRAM SERVICES HMML PRESERVATION 39508 EUROPE 0 3 PROGRAM SERVICES HMML PRESERVATION 52638 RUSSIA AND NEIGHBORING STATES 0 1 PROGRAM SERVICES HMML PRESERVATION 38384 SUB-SAHARAN AFRICA 0 5 PROGRAM SERVICES HMML PRESERVATION 322870 0 115 0 10 0 125 2052823 453400 2506223 1 0 0 0 0 1 PART I, LINE 3: ACCRUAL METHOD X X X X X X X 1 BENTZ WHALEY FLESSNER 7251 OHMS LANES MINNEAPOLIS MN 55439 CAMPAIGN CONSULTANT 0 0 24368 0 24368 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY ALUMNI ASSOCIATION GOLF 32225 1750 30475 254 15250 9895 4384 FOOTBALL GOLF 21299 3225 18074 10900 190 2 29635 11420 18215 3450 9480 250 83159 16395 66764 3704 35630 9895 4824 54053 12711 1 GREATER ST CLOUD DEVELOPMENT CORPORATION 1010 W ST GERMAIN STREET SUITE 250 ST CLOUD MN 56301 452050341 501(C)(3) 7500 0 N/A N/A COMMUNITY DEVELOPMENT MINNESOTA PUBLIC RADIO 480 CEDAR STREET ST PAUL MN 55101 410953924 501(C)(3) 0 33699 OTHER OFFICE SPACE GENERAL OPERATING SUPPORT 2 0 STUDENT SCHOLARSHIPS & FINANCIAL AID 1710 40113986 0 N/A N/A PART I, LINE 2: GIFTS/SPONSORSHIPS TO ORGANIZATIONS ARE REVIEWED AND APPROVED BY THE PRESIDENT. THE FINANCIAL AID OFFICE MAINTAINS RECORDS WHICH SUBSTANTIATE ELIGIBILITY AND THE AMOUNT OF ASSISTANCE GIVEN TO STUDENTS. NEED BASED ELIGIBILITY FOR SCHOLARSHIPS IS DETERMINED BY USING INFORMATION ON THE FAFSA, AND MERIT BASED STUDENT AID IS DETERMINED USING VARIOUS FACTORS TO ASSESS ACADEMIC PERFORMANCE OF THE STUDENT. X 1 1 X X X 0 0 0 1 0 0 0 0 0 MICHAEL HEMESATH PRESIDENT 339114 0 0 0 2092 0 24300 0 55246 0 420752 0 0 0 RICHARD ADAMSON VP OF FIN&ADMIN/TREASU 224828 0 0 0 308 0 20793 0 18136 0 264065 0 0 0 ROBERT CULLIGAN VP OF INST ADVANCEMENT 221282 0 0 0 0 0 19712 0 27479 0 268473 0 0 0 RICHARD ICE PROVOST 192975 0 0 0 258 0 17302 0 422 0 210957 0 0 0 JAMES TRIGGS EXEC DIR - HERITAGE PROGRA 91009 0 79333 0 257 0 8833 0 44100 0 223532 0 0 0 JON MCGEE VP PLANNING & PUBLIC AFFAI 137782 0 0 0 258 0 13100 0 82186 0 233326 0 0 0 JOHN YOUNG ASSOC VP INST ADVANCEMENT 137832 0 0 0 258 0 13088 0 87536 0 238714 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - MICHAEL HEMESATH - THE PRESIDENT IS REQUIRED TO LIVE ON THE UNIVERSITY CAMPUS AS A CONDITION OF EMPLOYMENT THEREFORE THE HOUSING ALLOWANCE IS NOT INCLUDED IN TAXABLE INCOME. PART I, LINE 5 AS PART OF HIS COMPENSATION PACKAGE, JIM TRIGGS, EXECUTIVE DIRECTOR OF THE BIBLE HERITAGE PROGRAM, WAS PAID A COMMISSION BASED ON SALES OF THE HERITAGE EDITIONS OF THE BIBLE. A MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416H5Q3 2017-09-21 8265542 SEE PART VI 0 0 0 B MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416HM84 2015-08-31 15543959 SEE PART VI 0 0 0 C MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416HT38 2015-12-03 19710957 SEE PART VI 0 0 0 A 8265542 165310 8100232 2018 1 0 1 1 B 4607951 15543959 188622 15355337 2016 1 0 1 1 C 2139644 19710957 201633 19509324 2017 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 1 0 1 0 0 0 0 1 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/01/2016 ISSUER NAME: MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/01/2017 SCHEDULE K, PART I, LINE A, COLUMN (F) REFINANCE PRIOR BONDS ORIGINALLY ISSUED TO FUND CONSTRUCTION OF STUDENT HOUSING, COMMUNITY CENTER, AND DINING RENOVATIONS. SCHEDULE K, PART I, LINE B, COLUMN (F) REFINANCE TWO PRIOR BONDS ORIGINALLY ISSUED TO FUND SCIENCE CENTER, ATHLETIC COMPLEX, QUAD BUILDING RENOVATIONS, AND DORMITORIES. SCHEDULE K, PART I, LINE C, COLUMN (F) CONSTRUCTION OF LEARNING COMMONS AND RENOVATION OF EXISTING LIBRARY. 16000 SCHOLARSHIP STUDENT AID JEANNE COOK FAMILY MEMBER OF RICHARD ICE, A KEY EMPLOYEE OF THE ORGANIZATION 115111 EMPLOYMENT COMPENSATION, PROFESSOR 0 X 426908 COST X 313 COST X 81 1378114 FAIR MARKET VALUE X EVENT FUNDING 4 7047 COST 0 0 1 1 PART I, COLUMN (B): PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. PART I, LINE 32B: A THIRD PARTY IS OFTEN USED TO LIQUIDATE DONATED VEHICLES. FORM 990, PART III, LINE 1: DESCRIPTION OF ORGANIZATION'S MISSION: SAINT JOHN'S UNIVERSITY FOSTERS THE VITALITY OF COMMUNITY THROUGH LEARNING AND THE PURSUIT OF WISDOM THROUGH ITS UNDERGRADUATE COLLEGE OF ARTS AND SCIENCES AND ITS GRADUATE SCHOOL OF THEOLOGY AND RELATED PROGRAMS. STRIVING FOR EXCELLENCE, WE UNITE THE WISDOM OF CATHOLIC SOCIAL TEACHING AND INTELLECTUAL TRADITION WITH THE PRACTICALITY OF THE COMMON LIFE ENVISIONED BY SAINT BENEDICT. SAINT JOHN'S UNIVERSITY'S UNDERGRADUATE COLLEGE IS A NATIONALLY-LEADING RESIDENTIAL LIBERAL ARTS COLLEGE FOR MEN WHOSE UNIQUE PARTNERSHIP WITH THE COLLEGE OF SAINT BENEDICT FOR WOMEN OFFERS STUDENTS THE EDUCATIONAL CHOICES OF A LARGE UNIVERSITY AND THE INDIVIDUAL ATTENTION AND COMMUNITY OF A PREMIER SMALL COLLEGE. THE LIBERAL ARTS EDUCATION PROVIDED IS ROOTED IN THE CATHOLIC UNIVERSITY TRADITION AND GUIDED BY THE BENEDICTINE PRINCIPLES. THESE PRINCIPLES STRESS CULTIVATION OF THE LOVE OF GOD, COMMUNITY, HOSPITALITY, STEWARDSHIP, LISTENING, WORSHIP, AND BALANCED LIVING. THE LIBERAL ARTS FORM THE CORE OF DISCIPLINED INQUIRY AND RICH PREPARATION FOR THE PROFESSIONS, PUBLIC LIFE, AND SERVICE TO OTHERS. SAINT JOHN'S VISION IS TO EXCEL IN PROVIDING A UNIQUE AND ACCESSIBLE EDUCATIONAL ENVIRONMENT FOR A DIVERSE COMMUNITY OF UNDERGRADUATE MEN, AS WELL AS A GRADUATE COMMUNITY OF MALE AND FEMALE STUDENTS OF THEOLOGY, DRAWN FROM A BROAD RANGE OF SOCIO-ECONOMIC AND CULTURAL BACKGROUNDS AND SHOWING EVIDENCE OF THE CAPACITY TO PURSUE, RESPECTIVELY, LIBERAL ARTS STUDIES AND GRADUATE THEOLOGICAL EDUCATION WITH DISTINCTION. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES SHALL BE COMPOSED OF A RANGE OF BETWEEN EIGHT AND TWELVE MEMBERS, EACH WITH A VOTE: THE CHAIR AND VICE CHAIR OF THE BOARD OF TRUSTEES; THE PRESIDENT OF THE UNIVERSITY; ONE TRUSTEE; AND THE REMAINING TRUSTEES ELECTED BY THE BOARD OF TRUSTEES. BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE SHALL HAVE THE SAME POWERS AS THE BOARD OF TRUSTEES EXCEPT IT MAY NOT TAKE ANY ACTION INCONSISTENT WITH A PRIOR ACT OF THE BOARD OF TRUSTEES, APPROVE THE ANNUAL BUDGET, APPOINT OR REMOVE THE PRESIDENT, ALTER THE UNIVERSITY'S ARTICLES OF INCORPORATION OR BYLAWS, OR TAKE ANY ACTION WHICH HAS BEEN RESERVED TO THE CLASS A OR CLASS B MEMBERS OR SPECIFICALLY RESERVED TO THE FULL BOARD. FORM 990, PART VI, SECTION A, LINE 6 THE UNIVERSITY HAS TWO CLASSES OF MEMBERS. THE CLASS A MEMBERS SHALL CONSIST OF FIVE MONKS OF SAINT JOHN'S ABBEY, AND SHALL INCLUDE THE ABBOT, THE CANONICAL TREASURER, AND THREE ELECTED MEMBERS FROM THE CLASS B MEMBERS. THE CLASS A MEMBERS SHALL ELECT CLASS A MEMBERS FROM NOMINEES MADE BY THE CLASS B MEMBERS. THE CLASS B MEMBERS SHALL BE THE FINALLY PROFESSED MEMBERS OF SAINT JOHN'S ABBEY IN GOOD STANDING. FORM 990, PART VI, SECTION A, LINE 7A THE CLASS A MEMBERS MAY ELECT ONE MEMBER TO THE BOARD OF TRUSTEES AND HAVE COMPLETE BOARD DISMISSAL AND REPLACEMENT AUTHORITY. THE CLASS B MEMBERS MAY ELECT UP TO FOUR MEMBERS TO THE BOARD OF TRUSTEES, MAY REMOVE TRUSTEES ELECTED BY CLASS B MEMBERS, AND MAY ELECT CLASS A MEMBERS TO FILL A VACANCY. FORM 990, PART VI, SECTION A, LINE 7B THE CLASS A MEMBERS SHALL HAVE THE AUTHORITY TO TAKE THE FOLLOWING ACTIONS UNILATERALLY: ELECT OR REMOVE ONE CLASS A MEMBER TO THE BOARD OF TRUSTEES AND FILL A VACANCY IN SUCH POSITION; ELECT ONE TRUSTEE TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES; REQUIRE THE BOARD OF TRUSTEES TO CONSIDER OR RECONSIDER ANY ACTION OR ITEM THAT THE CLASS A MEMBERS HAVE DETERMINED TO BE SIGNIFICANT TO THE BENEDICTINE OR CATHOLIC CHARACTER OF THE UNIVERSITY; REMOVE ALL OF THE MEMBERS OF THE BOARD OF TRUSTEES AS A GROUP AND NAME SUCCESSOR TRUSTEES; APPOINT ONE CLASS A MEMBER TO ANY PRESIDENTIAL SEARCH COMMITTEE. THE UNIVERSITY MAY NOT TAKE ANY OF THE FOLLOWING ACTIONS WITHOUT APPROVAL OF THE CLASS A MEMBERS: THE SALE, LEASE, OR ENCUMBRANCE OF REAL PROPERTY OWNED BY THE UNIVERSITY; THE PURCHASE OF REAL PROPERTY CONTIGUOUS TO LAND OWNED BY THE ORDER OF SAINT BENEDICT; THE INCURRENCE OF LONG-TERM DEBT IN AN AMOUNT WHICH EXCEEDS CANONICAL LIMITS; THE ADOPTION OR SUBSTANTIVE AMENDMENT OF THE GIFT POLICIES OF THE CORPORATION; APPOINTMENT OF THE PRESIDENT OF THE UNIVERSITY; ELECTION OF NEW TRUSTEES. THE CLASS B MEMBERS' RIGHTS ARE LIMITED TO ELECTING AND REMOVING UP TO FOUR CLASS B MEMBERS TO THE BOARD OF TRUSTEES AND ELECTING CLASS A MEMBERS TO FILL A VACANCY. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE CHAIR AND MANAGEMENT REVIEWS THE FULL FORM 990, INCLUDING SCHEDULE B. THE AUDIT COMMITTEE REVIEWS THE PUBLIC INSPECTION COPY OF THE FORM 990 BEFORE THE DUE DATE OF THE FILING. THE BOARD OF TRUSTEES WILL RECEIVE A COPY OF THE FORM 990, EXCLUDING SCHEDULE B. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY'S CONFLICT OF INTEREST POLICY APPLIES TO ALL TRUSTEES, OFFICERS, EXECUTIVE-LEVEL EMPLOYEES, AND NON-TRUSTEE MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS. A PERSON WHO HAS AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST MUST DISCLOSE THE EXISTENCE AND NATURE OF HIS OR HER RELATIONSHIP OR FINANCIAL INTEREST TO THE CHAIR OF THE BOARD OF TRUSTEES OR THE RELEVANT COMMITTEE CHAIR. THE CHAIR OF THE MEETING SHALL REPORT THE DISCLOSURE AT THE MEETING AND THE DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. AFTER DISCLOSURE OF THE POTENTIAL CONFLICT OF INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED COVERED PERSON, SUCH COVERED PERSON SHALL LEAVE THE BOARD OR COMMITTEE MEETING AT WHICH THE PROPOSED TRANSACTION OR ARRANGEMENT WITH THE UNIVERSITY IS CONSIDERED. THE REMAINING MEMBERS OF THE BOARD OR COMMITTEE SHALL THEN DISCUSS AND VOTE ON WHETHER A CONFLICT OF INTEREST EXISTS AND SHALL SEEK THE ADVICE OF LEGAL COUNSEL WHERE APPROPRIATE IN MAKING SUCH A DETERMINATION. THE COVERED PERSON WHO IS KNOWN TO HAVE A CONFLICT OF INTEREST WITH RESPECT TO A TRANSACTION OR ARRANGEMENT THAT WILL BE VOTED ON AT A MEETING SHALL NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE. SUCH PERSON'S INELIGIBILITY TO VOTE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMPENSATION COMMITTEE ACTS ON BEHALF OF THE BOARD OF TRUSTEES (THE "BOARD") TO FULFILL THE BOARD'S OVERSIGHT RESPONSIBILITIES FOR DETERMINING THE ADEQUACY AND REASONABLENESS OF THE TOTAL COMPENSATION PAID TO THE PRESIDENT AND OTHER SENIOR OFFICERS THAT THE EXECUTIVE COMPENSATION COMMITTEE MAY DETERMINE ARE IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER THE AFFAIRS OF THE UNIVERSITY. HUMAN RESOURCES GATHERS SALARY SURVEY DATA FROM VARIOUS GROUPS INCLUDING BUT NOT LIMITED TO: 1) PEER AND ASPIRANT INSTITUTIONS; 2) THE ANNAPOLIS GROUP; 3) THE US NEWS AND WORLD REPORT "TOP 100; AND 4) COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION (CUPA) FOR PRIVATE, BACCALAUREATE INSTITUTIONS UTILIZING ESTABLISHED ENROLLMENT AND BUDGET CRITERIA. THE EXECUTIVE COMPENSATION COMMITTEE DETERMINES CHANGES IN COMPENSATION AND REPORTS ITS ACTIVITIES AND FINDINGS TO THE EXECUTIVE COMMITTEE OF THE BOARD AND TO THE FULL BOARD IN SUFFICIENT DETAIL TO ASSURE THE BOARD THAT ITS RESPONSIBILITIES FOR EXECUTIVE COMPENSATION ARE BEING FULFILLED. FOR SALARIES REVIEWED BY THE EXECUTIVE COMPENSATION COMMITTEE, COMMITTEE-MEETTING MINUTES ARE KEPT TO DOCUMENT THE DISCUSSIONS AND DECISIONS MADE, ALONG WITH THE COMPARABILITY DATA USED IN SETTING THE COMPENSATION. THIS PROCESS WAS LAST UNDERTAKEN IN 2018 FOR THE PRESIDENT, M. HEMESATH. FOR OTHER OFFICERS OF THE UNIVERSITY, THE COMPENSATION PROGRAM IS MARKET-BASED. A MARKET ANALYSIS IS COMPLETED BY HUMAN RESOURCES USING CUPA-HR (COLLEGE & UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES) SALARY SURVEY DATA AND GENERAL INDUSTRY DATA, AS APPLICABLE. THE CRITERIA FOR THE MARKET ANALYSIS INCLUDE A REVIEW AT A NATIONAL LEVEL OF PRIVATE INDEPENDENT HIGHER EDUCATION INSTITUTIONS WITH RESPECT TO ENROLLMENT, BUDGET, AND CARNEGIE CLASSIFICATION. DATA IS PROVIDED ANNUALLY TO THE PRESIDENT FOR REVIEW/DECISION. ADDITIONAL REVIEW OF OFFICER-LEVEL POSITIONS TO DETERMINE THE ADEQUACY AND REASONABLENESS OF TOTAL COMPENSATION MAY BE CONDUCTED BY THE EXECUTIVE COMPENSATION COMMITTEE, AS NOTED IN THE RESPONSE ABOVE. SUCH REVIEW GENERALLY APPLIES TO THE POSITIONS OF CHIEF ACADEMIC OFFICER (PROVOST) AND CHIEF FINANCE OFFICER (VP OF FINANCE & ADMINISTRATION). FOR VICE PRESIDENTS SALARIES NOT REVIEWED BY THE EXECUTIVE COMPENSATION COMMITTEE, THE HUMAN RESOURCES OFFICE MAINTAINS COPIES OF THE COMPARABILITY DATA GIVEN TO THE PRESIDENT FOR HIS REVIEW, ALONG WITH DOCUMENTATION OF THE DECISIONS MADE. THIS PROCESS WAS LAST UNDERTAKEN IN 2017 FOR THE PROVOST, R. ICE. FORM 990, PART VI, SECTION C, LINE 19 SAINT JOHN'S UNIVERSITY MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES AVAILABLE TO THE PUBLIC UPON REQUEST. THE UNIVERSITY MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON ITS WEBSITE AND UPON REQUEST. FORM 990, PART XI, LINE 9: ADJUSTMENT OF ACTUARIAL LIABILITY 179,659. GAIN ON EXTINGUISHMENT OF DEBT -469,339. 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