2019-05-15T14:51:16-05:00 2018-06-30 721202445 POSTLETHWAITE & NETTERVILLE ONE GALLERIA BLVD STE 2100 METAIRIE LA 70001 990 2017-07-01 720642832 UNIVERSITY OF HOLY CROSS UNIV 5043947744 4123 WOODLAND DRIVE NEW ORLEANS LA 70131 CHRIS BUNDICK VP FOR FINANCE & CFO 5043947744 2019-05-15 1 GINA RACHEL P01216293 5048375990 206.124.204.139 2019-05-15 14:21:24 CD P 73636CFE66A87053A11C201FCAB823EF0B7E77E9 DBA8E5B130115C2A5834A2A045700F8CC77B3775 2017 2019-02-21 02:37:17Z CHRIS BUNDICK 4123 WOODLAND DRIVE NEW ORLEANS LA 70131 59701299 0 X WWW.UHCNO.EDU X 1916 LA TO EDUCATE AND PROVIDE PUBLIC SERVICE TO ITS UNIVERSITY COMMUNITY. 23 23 290 30 0 0 12179446 13529752 12984075 14451859 1681818 1172684 914983 787539 27760322 29941834 11833075 12891371 0 0 9494649 9917281 0 0 486269 5673363 6508636 27001087 29317288 759235 624546 50744534 63608161 5883119 17309262 44861415 46298899 X UNIVERSITY OF HOLY CROSS IS A UNIQUE CATHOLIC INSTITUTION OF HIGHER LEARNING FOUNDED BY THE MARIANITES OF HOLY CROSS. ROOTED IN A BELIEF IN HUMAN DIGNITY, THE UNIVERSITY OF HOLY CROSS EDUCATES THE MINDS AND HEARTS OF ITS STUDENTS. THE UNIVERSITY IS CENTERED ON EFFECTIVE AND INNOVATIVE TEACHING, INTELLIGENCE EXERCISED ACROSS DISCIPLINES, PRACTICAL REASONING, AND COMMUNICATION WITH OTHERS. ALL MEMBERS OF THE UNIVERSITY STRIVE FOR EXCELLENCE AND CONTRIBUTE THEIR KNOWLEDGE AND EXPERIENCE IN THEIR CHOSEN WORK, COMMUNITY, AND ULTIMATELY THE WORLD IN NEED. 0 0 14196337 12882602 SCHOLARSHIPS, GRANTS, & LOANS - FOR ACADEMIC YEAR 2017-2018, 68 STUDENTS RECEIVED SCHOLARSHIPS FROM UHC AND 43 STUDENTS RECEIVED SCHOLARSHIPS FROM PRIVATE SOURCES. MOST STUDENTS WERE AWARDED THE SCHOLARSHIPS ON THE BASIS OF ACADEMIC MERIT AND/OR UNMET FINANCIAL NEED. OTHERS WERE GRANTED AWARDS BASED ON ACADEMIC MERIT ONLY. A TOTAL OF 111 SCHOLARSHIPS IN THE AMOUNT OF $362,588 HAVE BEEN AWARDED.FOR FISCAL YEAR 2017-2018, 1,000 STUDENTS WERE ABLE TO RECEIVE SOME FORM OF FINANCIAL AID. MANY STUDENTS WOULD NOT BE ABLE TO PURSUE A POST-SECONDARY EDUCATION WERE IT NOT FOR THE FINANCIAL AID PROGRAMS. THE UNIVERSITY PARTICIPATES IN THE TITLE IV FEDERAL CAMPUS BASED PROGRAMS AS WELL AS THE FEDERAL PELL GRANT PROGRAM AND DISADVANTAGED NURSING SCHOLARSHIPS.- 423 STUDENTS WERE ASSISTED AND ABLE TO RECEIVE $1,641,815 IN PELL GRANTS.- 903 STUDENTS RECEIVED $9,495,594 IN FEDERAL SUBSIDIZED AND UNSUBSIDIZED STAFFORD LOANS.- 180 STUDENTS RECEIVED $75,130 IN FEDERAL S.E.O.G.- 34 STUDENTS RECEIVED $65,450 IN FEDERAL WORK-STUDY GRANTS.- 166 STUDENTS RECEIVED $900,809 FROM THE LOUISIANA T.O.P.S. PROGRAM.- 86 STUDENTS RECEIVED $63,420 FROM LOUISIANA G.O. GRANTS.- 68 STUDENTS RECEIVED $273,044 FROM UHC SCHOLARSHIPS.- 43 STUDENTS RECEIVED $89,544 FROM PRIVATE SOURCE SCHOLARSHIPS.- AN ADDITIONAL $277,796 IN STUDENT AID WAS FROM VARIOUS OTHER AWARDS AND SCHOLARSHIPS.UNIVERSITY OF HOLY CROSS WAS ABLE TO AWARD $12,882,602 IN STUDENT AID FROM INSTITUTIONAL, PRIVATE, STATE, AND FEDERAL SOURCES. 7677386 14451859 INSTRUCTIONAL SERVICES - PER SEMESTER, APPROXIMATELY 1,115 STUDENTS WERE SERVICED IN APPROXIMATELY 713 SPECIFIC COURSES OF STUDY IN 37 DEGREE PROGRAMS. ADDITIONALLY, INSTRUCTIONAL SERVICES WERE DELIVERED TO THE CIVIC COMMUNITY THROUGH EXTENT OUTREACH PROGRAMS. 1731464 796073 STUDENT SERVICES ENCOMPASSES VARIOUS SERVICES:THE REGISTRAR'S OFFICE PROVIDES PUBLICATIONS, COMPUTERIZED STUDENT RECORDS, AND OTHER ACADEMIC SERVICES TO PROSPECTIVE AND CURRENT STUDENTS.STUDENT SERVICES PROVIDES FUNDING FOR 5 PROFESSIONAL CLUBS.THE STUDENT GOVERNMENT ASSOCIATION OFFERS A MULTI-FACETED ARENA OF SOCIAL EVENTS AND ENTERTAINMENT ON AND OFF CAMPUS FOR STUDENTS.THE DIVISION OF STUDENT AFFAIRS FUNDS A HOST OF INTRAMURAL SPORTS AT THE UNIVERSITY, WHICH ARE AVAILABLE TO ALL STUDENTS.THE SECURITY OFFICE OVERSEES THE SECURITY OF THE CAMPUS AND PARKING LOTS.THE HURRICANE CAFE PROVIDES FOOD SERVICES TO ALL STUDENTS, FACULTY, AND STAFF.STUDENT SERVICES ALSO INCLUDES TRAVEL, WORKSHOPS AND SEMINARS IN ADDITION TO ADMINISTRATIVE SUPPLIES AND EQUIPMENT FOR STUDENT ORGANIZATIONS, ADMISSIONS AND RECRUITING STAFF OF THE UNIVERSITY.STUDENT SERVICES ALSO INCLUDES AN ON CAMPUS HEALTH OFFICE (PROVIDING ROUTINE HEALTH SERVICES AND FIRST AID), STUDENT ORGANIZATIONS FUNDING AND SUPPORT, STUDENT SPORTS SUPPORT FOR EQUIPMENT, ADMISSIONS AND RECRUITING STAFF OF THE UNIVERSITY. 235970 8769 FACILITY, FINANCE, AND NON-INSTRUCTIONAL ACADEMIC SUPPORT. 235970 8769 23841157 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2055 0 1 290 1 0 0 0 0 0 1 1 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 5043947744 4123 WOODLAND DRIVE NEW ORLEANS LA 70131 FATHER CHARLES BENOIT OSB TRUSTEE 0.50 X 0 0 0 BR DONALD BLAUVELT CSC TRUSTEE (THRU 12/2017) 0.50 X 0 0 0 CESAR R BURGOS TRUSTEE (THRU 12/2017) 0.50 X 0 0 0 SR KATERI BATTAGLIA MSC TRUSTEE 0.50 X 0 0 0 JACQUELYN CLARKSON TRUSTEE 0.50 X 0 0 0 SR RENE DAIGLE MSC TRUSTEE 0.50 X 0 0 0 BROTHER THOMAS A DZIEKAN CSC TRUSTEE 0.50 X 0 0 0 BRYAN W FITZPATRICK TRUSTEE 0.50 X 0 0 0 REV GREGORY P HAAKE CSC PHD TRUSTEE 0.50 X 0 0 0 TINA S HOLLAND PHD TRUSTEE 0.50 X 0 0 0 SCOTT P HOWARD TRUSTEE 0.50 X 0 0 0 RACHEL VAN VOORHEES KIRSCHMAN TRUSTEE 0.50 X 0 0 0 SR ELLEN KRON DC TRUSTEE 0.50 X 0 0 0 MONROE LABORDE MD TRUSTEE 0.50 X 0 0 0 SR ANN LACOUR MSC TRUSTEE 0.50 X 0 0 0 CLELAND POWELL TRUSTEE 0.50 X 0 0 0 JAMIE B ROY TRUSTEE 0.50 X 0 0 0 DARREL J SAIZAN JR TRUSTEE 0.50 X 0 0 0 GORDON STEVENS TRUSTEE 0.50 X 0 0 0 JACK STUMPF TRUSTEE 0.50 X 0 0 0 SCOTT WOLFE SR TRUSTEE 0.50 X 0 0 0 STEVE WORLEY TRUSTEE 0.50 X 0 0 0 KYLE M FRANCE CHAIR 0.50 X 0 0 0 DENNISE TABONY VICE CHAIR 0.50 X 0 0 0 TODD MATHERNE SECOND VICE CHAIR 0.50 X 0 0 0 DR MRS DAVID LANDRY PRESIDENT 40.00 X 210993 0 6600 ARLEAN WEHLE VP OF FINANCIAL MGMT 40.00 X 140864 0 17720 VICTORIA DAHMES PROVOST 40.00 X 95025 0 3180 PAT PRECHTER PROFESSOR 40.00 X 112456 0 8329 JASON COLLINS PROFESSOR 40.00 X 126923 0 0 686261 0 35829 4 0 1 0 SAGE DINING SERVICES INC 1402 YORK RD LUTTHERVILLE MD 21093 FOOD SERVICE 306058 OCHSNER CLINIC FOUNDATION 1514 JEFFERSON HWY NEW ORLEANS LA 70121 MEDICAL EDUCATION 285375 ZEHNO 757 ST CHARLES AVE NEW ORLEANS LA 70130 ADMISSIONS CAMPAIGN 277782 EAB GLOBAL INC PO BOX 603519 CHARLOTTE NC 282603519 STUDENT MARKETING PROGRAM 230834 GALLO MECHANICAL LLC 4141 BIENVILLE ST SUITE 100 NEW ORLEANS LA 70119 COOLING TOWER REPLACEMENT WORK 199342 9 65283 12268546 1195923 13529752 TUITION AND FEES 611310 14451859 14451859 14451859 452535 452535 12000 0 12000 12000 12000 30443048 29722899 720149 720149 720149 16032 65283 36566 -20534 -20534 FOOD SERVICES 611310 430009 430009 ACADEMIC TRIP REVENUE 611310 281440 281440 FOOD SCIENCE 611310 32694 32694 51930 51930 796073 29941834 15247932 0 1164150 8769 8769 12882602 12882602 498395 106683 391712 7944563 6482798 1129845 331920 150731 119301 23135 8295 720508 550696 138787 31025 603084 476988 103543 22553 91511 91511 61500 61500 186469 186469 771231 509962 255444 5825 492633 350440 121019 21174 916179 616482 267864 31833 655431 71388 584043 1131940 435673 686364 9903 34303 25869 4371 4063 230202 230202 419077 33543 385534 514711 221326 288238 5147 51933 6447 45486 FOOD SERVICE 528965 528965 BAD DEBT EXPENSE 165607 165607 STUDENT ACTIVITIES 88472 88472 DUES 60317 32535 27167 615 108155 62016 32223 13916 29317288 23841157 4989862 486269 4324481 228499 3655401 139545 540802 160964 23436 35765340 7965137 13324418 27800203 32102848 29399959 666101 1939177 26177 20684 50744534 63608161 771748 4143453 1374 3520 4833143 4710688 276854 6901235 0 1550366 5883119 17309262 X 31288633 30598544 3934069 6008893 9638713 9691462 44861415 46298899 50744534 63608161 624546 812938 0 X X 0 1 X 1 1 1 X 32088414 147276 1988101 3647379 30576412 31851002 177000 2306392 2245980 32088414 31657072 11966 526408 344444 31851002 36357069 104760 1001099 140854 37322074 31340287 823571 4193211 36357069 0.54470 0.31690 0.13840 0 0 1755420 1755420 15111974 4867966 10244008 3371364 3097171 274193 15526582 15526582 27800203 CAPITAL LEASE OBLIGATION 1550366 1550366 X 17924429 812938 36566 849504 17074925 12866909 12866909 29941834 16486945 36566 36566 16450379 12866909 12866909 29317288 PART V, LINE 4: OF THE END OF THE YEAR ENDOWMENT BALANCE, $9,691,462 IS PERMANENTLY RESTRICTED AND $4,230,336 IS TEMPORARILY RESTRICTED. THE EARNINGS ON $9,150,749 WILL HELP FUND PROFESSORSHIPS. THE EARNINGS ON $2,733,441 WILL BE USED FOR SCHOLARSHIPS. THE EARNINGS ON $2,037,608 WILL GO TOWARDS ACADEMICS AND OPERATIONS. QUASI ENDOWMENTS BALANCE OF $16,654,614 HAVE THE FOLLOWING USES: - $16,654,614 IS FOR UNSPECIFIED PURPOSES, BUT IT IS USED FOR CURRENT OPERATIONS, PLANT AND EQUIPMENT, AND ACADEMICS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO THE PROVISIONS OF SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE CODE. U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBE RULES FOR THE RECOGNITION, MEASUREMENT, CLASSIFICATION, AND DISCLOSURE IN THE FINANCIAL STATEMENTS OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE UNIVERSITY'S TAX RETURNS. MANAGEMENT HAS DETERMINED THAT THE UNIVERSITY DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE UNIVERSITY'S TAX RETURNS WILL NOT BE CHALLEGED BY THE TAX AUTHORITIES AND THAT THE UNIVERSITY WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALTIES, AND INTEREST AS A RESULT OF SUCH CHALLENGE. GENERALLY, THE UNIVERSITY'S TAX RETURNS REMAIN OPEN FOR THREE YEARS FROM THE DATE OF FILING FEDERAL RETURNS. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, WOULD BE INCLUDED IN INTEREST EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 36,566. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 688,112. FEDERAL & STATE AWARDS 12,178,797. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 36,566. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 688,112. FEDERAL & STATE AWARDS 12,178,797. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 UNIVERSITY OF HOLY CROSS PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON ALL EMPLOYMENT ADVERTISEMENTS. THE POLICY IS ALSO LISTED ON THE ORGANIZATION'S WEBSITE, STUDENT HANDBOOK, AND STUDENT APPLICATIONS. SCHEDULE E, PART I, LINE 6 GOVERNMENT FINANCIAL ASSISTANCE INCLUDES GOVERNMENT LOAN PROGRAMS AND GRANTS FROM THE FEDERAL GOVERNMENT, WHICH ARE PROVIDED FOR STUDENTS IN NEED OF FINANCIAL AID. SPES UNICA AWARD DINNER 33500 27704 5796 10544 600 4659 PRAYER BREAKFAST 29565 21537 8028 10631 450 5136 1 18250 16042 2208 4309 237 81315 65283 16032 25484 1050 10032 36566 -20534 1 SCHOLARSHIPS TO STUDENTS OF THE UNIVERSITY 1152 12882602 PART I, LINE 2: PRIVATE GRANTS - THE UNIVERSITY FOLLOWS THE TERMS OF THE PROVIDER IN THE POSTING AND RELEASING OF GRANT FUNDS. FEDERAL GRANTS - THE UNIVERSITY FOLLOWS THE DEPARTMENT OF EDUCATION REGULATIONS TO ENSURE THAT GRANTS ARE UTILIZED APPROPRIATELY. THE NSLDS SYSTEM HELPS THE UNIVERSITY IDENTIFY ANY STUDENT THAT HAS BEEN POTENTIALLY AWARDED MORE THAN THEY ARE ELIGIBLE FOR. SCHEDULE I, PART III: QUALIFICATIONS TO RECEIVE PAYMENTS: GOVERNMENT GRANTS ARE AWARDED IN ACCORDANCE WITH APPROPRIATE FEDERAL REGULATIONS, SCHOLARSHIPS ARE BASED ON ACT TEST SCORES, ACADEMIC STANDING, AS SHOWN BY HIGH SCHOOL TRANSCRIPTS, AS WELL AS COMMUNITY INVOLVEMENT. GRANTS ARE AWARDED IN RECOGNITION OF THE QUALITY PAST ACADEMIC ACHIEVEMENT AT THE UNIVERSITY OF HOLY CROSS, FINANCIAL NEED AS DETERMINED BY THE SUBMISSION OF THE FREE APPLICATION FOR FEDERAL STUDENT AID, AND COMMUNITY INVOLVEMENT. X X X 0 0 0 0 0 0 0 0 0 DR MRS DAVID LANDRY PRESIDENT 210993 0 0 0 0 0 0 0 6600 0 217593 0 0 0 ARLEAN WEHLE VP OF FINANCIAL MGMT 140864 0 0 0 0 0 13010 0 4710 0 158584 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE FORM 990, THE TAX RETURN IS REVIEWED BY THE V.P. FOR FINANCE. IT IS THEN FORWARDED TO THE CHAIR OF THE FINANCE COMMITTEE FOR REVIEW. THE UNIVERSITY OF HOLY CROSS ADMINISTRATION RESPONDS TO THE BOARD'S CONCERNS AND REVISES THE FORM AS NECESSARY. ONCE REVIEWED AND SUBMITTED TO THE IRS, A COPY OF THE FILED FORM 990 IS FORWARDED TO THE CHAIR OF THE FINANCE COMMITTEE FOR RECORD-KEEPING. FORM 990, PART VI, SECTION B, LINE 12C DURING THE FIRST BOARD OF TRUSTEES' MEETING OF EACH YEAR, THE UNIVERSITY'S CONFLICT OF INTEREST POLICY IS REVIEWED WITH ITS MEMBERS, AND THEY ARE ASKED TO SIGN A DOCUMENT DISCLOSING ANY CONFLICT OF INTEREST WITH UNIVERSITY BUSINESS MATTERS. IF A CONFLICT SHOULD ARISE, THE BOARD MEMBER WILL RECUSE HIMSELF OR HERSELF FROM VOTES RELATIVE TO THE AFFECTED SUBJECT MATTER. ANY DISCUSSION OF POTENTIAL CONFLICT AND RECUSALS ARE SUBSTANTIATED IN THE MINUTES OF THE BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 THE CURRENT PRESIDENT OF THE UNIVERSITY WAS CHOSEN BY THE GOVERNING BOARD. THE SALARY FOR THE POSITION WAS BASED UPON SALARIES PAID TO PRESIDENTS SERVING IN INSTITUTIONS COMPARABLE IN SIZE AND STRUCTURE. THE PRESIDENT'S COMPENSATION WAS APPROVED BY THE BOARD OF TRUSTEES AND DOCUMENTED IN A FULLY EXECUTED CONTRACT. THE PRESIDENT IS EVALUATED ON AN ANNUAL BASIS BY INDEPENDENT MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES. DOCUMENTATION OF THE SELECTION OF THE PRESIDENT AND THE CONTRACTED AMOUNT OF COMPENSATION IS RETAINED IN THE RECORDS OF THE SELECTION COMMITTEE AND IN BOARD MINUTES. FOR ALL OTHER EMPLOYEES, SALARIES ARE DETERMINED AT THE INITIAL POINT OF HIRING FOR THE POSITION PRIMARILY BASED UPON THE POSITION'S BUDGETED COMPENSATION. ADDITIONAL FACTORS ARE CONSIDERED, SUCH AS THE CREDENTIALS AND LEVEL OF EXPERIENCE THAT THE NEWLY HIRED EMPLOYEE BRINGS TO THE ORGANIZATION AND ANALYSIS OF SALARIES FOR THE SAME OR SIMILAR POSITIONS AT COMPARABLE INSTITUTIONS. ON AN ANNUAL BASIS, THE ESTABLISHED SALARY MAY BE ADJUSTED FOR THE INCREASE IN COST OF LIVING. DOCUMENTATION OF SALARY ANALYSIS IS RETAINED IN THE RECORDS OF THE SELECTION COMMITTEE AND WITHIN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL DATA ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES FROM THE PRIOR YEAR IN THE OVERSIGHT OR SELECTION PROCESSES FOR THE AUDIT THAT THE ORGANIZATION'S COMMITTEE USES.