2017-05-10T14:46:54-05:00 2016-06-30 KPMG LLP One Financial Plaza Hartford CT 061032608 990 2015-07-01 060646829 University of Saint Joseph % WILLIAM B HAWKINS CONTROLLE UNIV 8602324571 1678 Asylum Avenue West Hartford CT 061172791 WILLIAM B HAWKINS CONTROLLER 8602315405 2017-05-10 true Mary-evelyn Antonetti P00431862 8605223200 2015 2021-01-29 14:40:06Z RHONA C FREE 1678 Asylum Avenue West Hartford CT 061172791 78842635 false 0928 X www.usj.edu X 1925 CT THE UNIVERSITY PROVIDES RIGOROUS LIBERAL ARTS AND PROFESSIONAL EDUCATION FOR A DIVERSE STUDENT POPULATION WHILE MAINTAINING A STRONG COMMITMENT TO DEVELOPING THE POTENTIAL OF WOMEN. 29 28 1484 100 111447 -99156 9700736 3079611 66536355 71349620 5127405 930083 641056 698959 82005552 76058273 13913000 13259389 0 0 40982083 42393384 80000 101125 1416796 20016092 19440195 74991175 75194093 7014377 864180 79385253 76150061 37622253 34895061 41763000 41255000 X THE UNIVERSITY OF SAINT JOSEPH, FOUNDED BY THE SISTERS OF MERCY IN THE ROMAN CATHOLIC TRADITION, PROVIDES A RIGOROUS LIBERAL ARTS AND PROFESSIONAL EDUCATION FOR A DIVERSE STUDENT POPULATION WHILE MAINTAINING A STRONG COMMITMENT TO DEVELOPING THE POTENTIAL OF WOMEN. THE UNIVERSITY IS A COMMUNITY WHICH PROMOTES THE GROWTH OF THE WHOLE PERSON IN A CARING ENVIRONMENT THAT ENCOURAGES STRONG ETHICAL VALUEs, PERSONAL INTEGRITY, AND A SENSE OF RESPONSIBILITY TO THE NEEDS OF SOCIETY. CORE VALUES: *CATHOLIC IDENTITY* THE UNIVERSITY OF SAINT JOSEPH IS GROUNDED IN ITS HERITAGE AS A CATHOLIC INSTITUTION, EXPRESSING THE CATHOLIC TRADITION IN AN ECUMENICAL AND CRITICAL MANNER. *COMMITMENT TO WOMEN* THE UNIVERSITY OF SAINT JOSEPH ENCOURAGES, INSPIRES, AND CHALLENGES EACH WOMAN TO DEVELOP EVERY ASPECT OF HER PERSONHOOD; INTELLECTUAL, SPIRITUAL, SOCIAL, EMOTIONAL, AND PHYSICAL. *COMPASSIONATE SERVICE* THE UNIVERSITY OF SAINT JOSEPH PROMOTES, SUPPORTS, AND FACILITATES CARING SERVICE AS AN INTEGRAL PART O false false 54408205 13259389 59537514 COLLEGE AND MASTERS/DOCTORAL PROGRAMS THE UNIVERSITY OF SAINT JOSEPH, WHICH OFFERS OUTSTANDING EDUCATION VALUE IN UNDERGRADUATE, GRADUATE, AND DOCTORAL PROGRAMS, IS LOCATED IN WEST HARTFORD, CONNECTICUT. ENHANCED BY THE CATHOLIC INTELLECTUAL TRADITION AND THE VALUES OF THE SISTERS OF MERCY, THE UNIVERSITY ENCOURAGES STUDENTS TO THRIVE IN A CULTURE OF ACHIEVEMENT AND COLLABORATION. WITH SMALL CLASSES TAUGHT BY EXPERT FACULTY, THE UNIVERSITY PROVIDES A VALUES-CENTERED EDUCATION IN AN ENVIRONMENT THAT FOSTERS LEADERSHIP, CONFIDENCE, AND CREATIVITY. IN ADDITION TO THE UNDERGRADUATE WOMENS COLLEGE WITH 794 STUDENTS ENROLLED, THE UNIVERSITY OF SAINT JOSEPH HAS A CO-EDUCATIONAL GRADUATE AND PROFESSIONAL STUDIES PROGRAM OFFERING MASTERS DEGREES AND CERTIFICATES TO 1,334 STUDENTS; A CO-EDUCATIONAL WEEKEND PROGRAM SERVING 166 ADULT LEARNERS PURSUING THEIR BACCALAUREATE DEGREES; AND A SCHOOL OF PHARMACY, LOCATED IN DOWNTOWN HARTFORD, CONNECTICUT, OFFERING A UNIQUE THREE CALENDAR YEAR CO-EDUCATIONAL DOCTORAL DEGREE (PHARM.D.) PROGRAM IN PHARMACY. IN 2015 THE SCHOOL HAD 259 STUDENTS. IN JULY 2014 THE SCHOOL OF PHARMACY RECEIVED FULL ACCREDITATION FROM THE ACCREDITATION COUNCIL FOR PHARMACY EDUCATION (ACPE). IN OCTOBER 2014 THE UNIVERSITY OF SAINT JOSEPH RECEIVED A TITLE III STRENGTHENING INSTITUTIONS PROGRAM GRANT, RAISING EDUCATIONAL ACHIEVEMENT (REACH), TO FURTHER STUDENT SUCCESS. THROUGH THIS GRANT, THE UNIVERSITY IMPLEMENTED A FOUR-PART PLAN THAT INCLUDES: IMPROVING ACADEMIC ASSESSMENT AND COLLEGE READINESS SKILLS FOR STUDENTS; SUPPORTING FACULTY IN MEETING STUDENTS LEARNING NEEDS; ENHANCING RESOURCES FOR UNDERPREPARED STUDENTS AND SYSTEMS FOR TRACKING AND SERVING AT-RISK STUDENTS; AND INCREASING SUPPORT AND LEADERSHIP OPPORTUNITIES FOR SECOND- AND THIRD-YEAR STUDENTS. IN NOVEMBER 2014 THE UNIVERSITY OF SAINT JOSEPH GRADUATE NURSING PROGRAMS THE DOCTOR OF NURSING PRACTICE (DNP) AND THE POST-GRADUATE APRN CERTIFICATE FOR PSYCHIATRIC MENTAL HEALTH NURSE PRACTITIONERS RECEIVED FIVE-YEAR ACCREDITATION FROM THE COMMISSION ON COLLEGIATE NURSING EDUCATION (CCNE). 10051000 11812106 MODEL SCHOOLS THE UNIVERSITY IS HOME TO TWO MODEL SCHOOLS: THE GENGRAS CENTER AND THE SCHOOL FOR YOUNG CHILDREN. THE GENGRAS CENTER IS A STATE-APPROVED PRIVATE SPECIAL EDUCATION FACILITY THAT PROVIDES HIGHLY STRUCTURED, INTENSIVE AND SELF-CONTAINED SPECIAL EDUCATION PROGRAMS FOR ELEMENTARY, MIDDLE AND HIGH SCHOOL STUDENTS. IN 2015 IT SERVED 129 STUDENTS FROM SURROUNDING COMMUNITIES. UNIVERSITY OF SAINT JOSEPH STUDENTS FULFILL REQUIRED CLASSES IN THE FIELDS OF SPECIAL EDUCATION, NURSING, SOCIAL WORK, COUNSELING, AND NUTRITION AT THE CENTER. IN MAY 2015 THE GENGRAS CENTER OPENED A NEW FACILITY, THE CENTER FOR APPLIED RESEARCH AND EDUCATION (CARE). WITH THIS EXPANDED CAPACITY, THE GENGRAS CENTER CAN NOW SERVE THE NEEDS OF STUDENTS WITH AUTISM SPECTRUM DISORDERS AND DEVELOPMENTAL DISABILITIES. THE 22,000 SQUARE FOOT FACILITY INCLUDES A GYM, ART ROOM, ADDITIONAL THERAPY SPACE, AND NEW CLASSROOMS SPECIFICALLY DESIGNED FOR STUDENTS WITH AUTISM. THE SCHOOL FOR YOUNG CHILDREN IS A NATIONALLY-ACCREDITED PRESCHOOL WHICH HAS BEEN SERVING CHILDREN SINCE 1936; IN 2015 IT ENROLLED 110 STUDENTS. IT SERVES AS A TRAINING PROGRAM FOR UNIVERSITY STUDENTS PURSUING CAREERS IN EARLY CHILDHOOD EDUCATION AND RELATED FIELDS. 64459205 true true false true false false false true false true true false false false true true true false true false false false false true true false false false true true true false false false false false false false false false false true true false false false true false false false true 157 0 true 1484 true true true false false false false true true false false false false X 29 28 false false false false true true true true true false false true true true true true true true false false AK CO DC KY MD MA MI NV NH NJ OK OR SC WA X WILLIAM B HAWKINS CONTROLLE 8602315405 1678 ASYLUM AVE WEST HARTFORD CT 06117 RHONA C FREE PHD PRESIDENT, TRUSTEE 1.0 0.0 X X 144943 0 45696 KATHLEEN DRISCOLL AMATANGELO TRUSTEE 1.0 0.0 X 0 0 0 ELIZABETH C BARTON JD TRUSTEE 1.0 0.0 X 0 0 0 LINDA BETZ TRUSTEE 1.0 0.0 X 0 0 0 GREGORY A BOYKO JD TRUSTEE 1.0 0.0 X 0 0 0 JUDITH A CAREY 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PHD TRUSTEE 1.0 0.0 X 0 0 0 CONSTANCE K WEAVER TRUSTEE 1.0 0.0 X 0 0 0 SHAWN M HARRINGTON SENIOR VP, FINANCE & STRATEGY 37.5 0.0 X 186636 0 44121 MICHELLE KALIS PROVOST 37.5 0.0 X 192993 0 31261 IVAN EDAFIOGHO PROFESSOR, SCHOOL OF PHARMACY 37.5 0.0 X 129976 0 36805 JAMES HENKEL ASSOC DEAN, SCHOOL OF PHARMACY 37.5 0.0 X 142323 0 16169 MICHELLE LESTRUD DIRECTOR, GENGRAS CENTER 37.5 0.0 X 125613 0 40329 JOSEPH OFOSU DEAN, SCHOOL OF PHARMACY 37.5 0.0 X 233899 0 26280 MARJORIE PINNEY VP, INSTITUTIONAL ADVANCEMENT 37.5 0.0 X 161228 0 27996 PAMELA TROTMAN REID FORMER PRESIDENT 0.0 0.0 X 438607 0 52957 1756218 0 321614 33 true true false Bon Appetit co Compass Group USA 2400 Yorkmont Rd Charlotte NC 28217 Food Services 1407315 Sodexo Operations LLC 9801 Washington Blvd Gaithersburg MD 20878 Facilities Mgmt. 1033269 K-12 Teachers Alliance 20624 Abbey Woods Ct North Frankfort IL 60423 Marketing & Admin 708894 Bret Stern Productions LLC 18 Leonard St Norwalk CT 06850 Video Production 501050 ADP 1 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RESTRICTED RESTRICTED RESTRICTED false false false false false false true 60698 false false 60698 false SCHEDULE C, PART IV LOBBYING ACTIVITIES THE UNIVERSITY OF SAINT JOSEPH BELONGS TO THE CONNECTICUT CONSORTIUM OF INDEPENDENT COLLEGES (CCIC) AND OTHER ACADEMIC ASSOCIATIONS, WHICH AT TIMES MAY ENGAGE IN LOBBYING ACTIVITIES. OF THE $23,934 PAID IN DUES TO CCIC, $698 (APPROXIMATELY 2.9%), WAS USED FOR LOBBYING. DURING THE YEAR ENDED JUNE 30, 2016, THE UNIVERSITY PAID AN OUTSIDE LOBBYING FIRM $60,000 FOR FEDERAL AND STATE GOVERNMENT RELATIONS AND LOBBYING SERVICES. IN ADDITION, THE UNIVERSITY MAY HAVE DIRECT CONTACT WITH LEGISLATORS TO PROVIDE INFORMATION AND EDUCATION ABOUT THE UNIVERSITY. 694485 X X X X X Teaching false false 26505000 423000 -191000 570008 377992 25789000 25603000 1794000 65000 501219 455781 26505000 23079000 604000 3127000 562000 645000 25603000 21663000 215000 2292000 586000 505000 23079000 21406000 1085000 -51000 553000 224000 21663000 0.29800 0.55100 0.15100 false false 2522941 2522941 58041489 25437505 32603984 2479331 1681265 798066 23541082 16874799 6666283 5727326 3644466 2082860 44674134 0 CAPITAL LEASE OBLIGATION 142250 GOVERNMENT GRANTS REFUNDABLE 349729 SHORT-TERM LINE OF CREDIT 77418 569397 X 61678000 -985180 -985180 62663180 135704 13259389 13395093 76058273 62186000 387000 387000 61799000 135704 13259389 13395093 75194093 PART III, LINE 4 ORGANIZATION'S COLLECTION OF ART: THE ART MUSEUM (FORMERLY ART GALLERY) AT THE UNIVERSITY OF SAINT JOSEPH OPENED IN 2001 IN THE UNIVERSITY'S BRUYETTE ATHENAEUM; IT NOW HOUSES A COLLECTION OF MORE THAN 2,000 WORKS OF ART. A PAINTINGS COLLECTION WHOSE STRENGTH IS IN AMERICAN ART OF THE TWENTIETH CENTURY, INCLUDING WORKS BY THOMAS HART BENTON, GEORGIA O'KEEFFE AND MILTON AVERY IS COMPLEMENTED BY A COLLECTION OF WORKS OF ART ON PAPER. THE LATTER COLLECTION RANGES FROM THE FIFTEENTH CENTURY TO THE PRESENT, INCLUDING NOTEWORTHY EUROPEAN OLD MASTER PRINTS, NINETEENTH-CENTURY JAPANESE WOODBLOCK PRINTS, AND TWENTIETH-CENTURY AND CONTEMPORARY AMERICAN AND EUROPEAN WORKS. WITH A SUITE OF EXHIBITION GALLERIES, A PRINT STUDY ROOM, AND UP-TO-DATE STORAGE FACILITIES, THE ART MUSEUM HAS MADE THE UNIVERSITY'S COLLECTION MORE ACCESSIBLE AND HAS OPENED MYRIAD OPPORTUNITIES FOR THE STUDY AND ENJOYMENT OF ART. THE MUSEUM COLLABORATES WITH FACULTY TO PRESENT EDUCATIONAL PROGRAMMING AND HOST CLASS VISITS THROUGHOUT THE YEAR, PROVIDES PROFESSIONAL DEVELOPMENT FOR K-12 TEACHERS, AND OFFERS A VARIETY OF LECTURES, GALLERY TALKS, AND SEMINARS FOR THE GENERAL PUBLIC, INCLUDING SPECIAL PROGRAMS FOR VETERANS, FOR HOMESCHOOLED STUDENTS AND FOR EARLY-ONSET ALZHEIMERS PATIENTS AND CAREGIVERS. EACH YEAR THE ART MUSEUM PRESENTS SEVERAL SPECIAL EXHIBITIONS IN ADDITION TO CHANGING INSTALLATIONS OF THE PERMANENT COLLECTION. PART V, LINE 4 ENDOWMENT FUNDS: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 190 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE UNIVERSITY TO FUNCTION AS ENDOWMENTS (QUASI - ENDOWMENT). THE UNIVERSITY MANAGES ITS LONG-TERM INVESTMENTS IN ACCORDANCE WITH THE TOTAL RETURN CONCEPT AND THE GOAL OF MAXIMIZING LONG-TERM RETURN WITHIN ACCEPTABLE LEVELS OF RISK. THE UNIVERSITY'S SPENDING POLICY IS DESIGNED TO PROVIDE A STABLE LEVEL OF FINANCIAL SUPPORT AND TO PRESERVE THE REAL VALUE OF ITS ENDOWMENT. THE UNIVERSITY COMPARES THE PERFORMANCE OF ITS INVESTMENTS AGAINST SEVERAL BENCHMARKS. PART X, LINE 2 FIN 48 FOOTNOTE: THE UNIVERSITY WAS GRANTED AN EXEMPT STATUS UNDER THE INTERNAL REVENUE CODE (IRC) SECTION 501(A), AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). UNDER IRC SECTION 501(A), THE UNIVERSITY IS GENERALLY EXEMPT FROM INCOME TAXES. THE UNIVERSITY BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS. PART XI, LINE 4B OTHER AMOUNTS INCLUDED ON RETURN BUT NOT BOOKS: FINANCIAL AID $13,259,389 PART XII, LINE 2C OTHER LOSSES: LOSS ON SWAP $387,000 PART XII, LINE 4B OTHER AMOUNTS INCLUDED ON RETURN BUT NOT BOOKS: FINANCIAL AID $13,259,389 true true true true true true true false false false false false false false false true false true SCHEDULE, LINE 3 THE UNIVERSITY PUBLISHES ITS NON-DISCRIMINATION POLICY IN THE MAJOR NEWSPAPER IN THE METROPOLITAN REGION FROM WHICH MOST OF ITS STUDENTS COME. SCHEDULE E, LINE 6A THE UNIVERSITY OF SAINT JOSEPH RECEIVES FINANCIAL AID OR ASSISTANCE FROM GOVERNMENTAL AGENCIES FOR THE BENEFIT OF THE UNIVERSITY'S STUDENTS. X X X X X X true MCCALLISTER QUINN 1030 15TH ST NW WASHINGTON DC 20005 CONSULTING false 101125 -101125 101125 -101125 AL AK AR CA CO CT DE DC 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 GALA 243546 192000 51546 3525 9025 52001 2500 49064 SYC 18047 350 17697 2379 1880 1 20870 1310 19560 4106 1319 282463 193660 88803 3525 9025 58486 2500 52263 125799 -36996 SCHEDULE G, PART 1, LINE 2B THE UNIVERSITY ENGAGED MCALLISTER & QUINN IN CONNECTION WITH ASSISTANCE FOR IDENTIFICATION OF, AND APPLICATION FOR, POTENTIAL GRANTS. true COLLEGE SCHOLARSHIPS & GRANTS 844 13259389 FMV SCHOLARSHIPS SCHEDULE I, PART I, LINE 2 MONITOR THE USE OF GRANT FUNDS: THE UNIVERSITY'S GRANTS IN THE US CONSIST OF FINANCIAL AID AWARDS WHICH ARE APPLIED AGAINST STUDENTS' RECEIVABLE BALANCES DUE TO THE UNIVERSITY. THE UNIVERSITY MONITORS THESE GRANTS BY CONTROLLING THE APPLICATION OF GRANTS TO STUDENTS' BALANCES. X X true true X X X X X false true false false false false false false false RHONA C FREE PHD PRESIDENT, TRUSTEE 142717 0 0 0 2226 0 0 0 45696 0 190639 0 0 0 SHAWN M HARRINGTON SENIOR VP, FINANCE & STRATEGY 186636 0 0 0 0 0 21549 0 22572 0 230757 0 0 0 MICHELLE KALIS PROVOST 192993 0 0 0 0 0 21581 0 9680 0 224254 0 0 0 IVAN EDAFIOGHO PROFESSOR, SCHOOL OF PHARMACY 129976 0 0 0 0 0 15214 0 21591 0 166781 0 0 0 JAMES HENKEL ASSOC DEAN, SCHOOL OF PHARMACY 142323 0 0 0 0 0 15745 0 424 0 158492 0 0 0 MICHELLE LESTRUD DIRECTOR, GENGRAS CENTER 125613 0 0 0 0 0 14774 0 25555 0 165942 0 0 0 JOSEPH OFOSU DEAN, SCHOOL OF PHARMACY 233899 0 0 0 0 0 25787 0 493 0 260179 0 0 0 MARJORIE PINNEY VP, INSTITUTIONAL ADVANCEMENT 161228 0 0 0 0 0 0 0 27996 0 189224 0 0 0 PAMELA TROTMAN REID FORMER PRESIDENT 178624 0 0 0 259983 0 20145 0 32812 0 491564 0 0 0 SCHEDULE J, PART I, LINE 1 PRESIDENT'S HOUSING: AS A CONDITION OF EMPLOYMENT, THE PRESIDENT IS REQUIRED TO LIVE IN THE PRESIDENTIAL RESIDENCE LOCATED ON THE UNIVERSITY CAMPUS. THE FAIR MARKET VALUE OF THE HOUSING IS $48,000 PER YEAR. THE NON-TAXABLE BENEFITS IN COLUMN (D) INCLUDES $24,000 FOR BOTH THE CURRENT AND FORMER PRESIDENTS. SCHEDULE J, PART I, QUESTION 1A HEALTH AND SOCIAL CLUB DUES THE UNIVERSITY PAYS MEMBERSHIP DUES AT THE HARTFORD GOLF CLUB FOR THE PRESIDENT OF THE UNIVERSITY. THIS MEMBERSHIP ALLOWS THE PRESIDENT TO MEET WITH MEMBERS OF THE COMMUNITY TO PROMOTE THE AIMS OF THE UNIVERSITY. THE PRESIDENT REIMBURSES THE UNIVERSITY FOR ANY PERSONAL USE CHARGES, AND A PRO RATA PORTION OF CLUB DUES IS INCLUDED IN THE PRESIDENT'S W-2. SCHEDULE J, PART I, QUESTION 4B NON-QUALIFIED RETIREMENT PLANS: DURING THE YEAR ENDED JUNE 30, 2016 THE UNIVERSITY MADE A PAYMENT TO PAMELA TROTMAN REID AS PART OF A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN IN THE AMOUNT OF $240,000. AS REQUIRED, THIS PAYMENT HAS BEEN REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). 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REFUND SER B false false false A 3571429 0 5000000 0 0 0 0 0 0 5000000 0 0 2014 false false true true B 766662 0 10800000 0 0 0 200000 0 0 785185 9808000 6815 2014 true false false true C 559181 0 10800000 0 0 0 184407 0 0 6050917 4240000 324676 2015 true false false true A false false true false false 0 false false false true B false false true false false 0 false false false true C false false true false false 0 false false false false A false true false false 0 false false false 0 false true B false true true true BERKSHIRE BANK 10. false false 0 false true C false true false false 0 false false false 0 false true A true B true C true SCHEDULE K, PART II, LINE 11 OTHER SPENT PROCEEDS OF THE AMOUNT RECORDED ON SCHEDULE K, PART II, LINE 11, COLUMN B, $8,465,000 WAS A CURRENT REFUNDING OF CHEFA SERIES B BOND ISSUED APRIL 3, 2008. $1,343,000 WAS A PAYMENT OF SWAP TERMINATION FEE. THE ENTIRE AMOUNT RECORDED ON SCHEDULE K, PART II, LINE 11, COLUMN C WAS A CURRENT REFUNDING OF CHEFA SERIES B BOND ISSUED APRIL 3, 2008. SCHEDULE K, PART III, LINE 3A MANAGEMENT OR SERVICE CONTRACTS THAT MAY RESULT IN PRIVATE BUSINESS USE: ANY MANAGEMENT OR SERVICE CONTRACTS THAT MAY RESULT IN PRIVATE BUSINESS USE OF BOND-FINANCED PROPERTY ARE INCIDENTAL AND FALL UNDER THE SAFE SCHEDULE K, PART III, LINE 3B ENGAGEMENT OF COUNSEL TO REVIEW MANAGEMENT OR SERVICE RELATING TO THE FINANCED PROPERTY: DUE TO THE FACT THAT INCIDENTAL SERVICE CONTRACTS IN BOND-FINANCED SPACES WILL NOT RESULT IN PRIVATE BUSINESS USE AS PER THE SAFE HARBOR PROVIDED UNDER REVENUE PROCEDURE 97-13, WE DO NOT ROUTINELY ENGAGE BOND COUNSEL AND/OR OUTSIDE COUNSEL TO REVIEW THESE CONTRACTS SINCE THEY WILL NOT RESULT IN PRIVATE BUSINESS USE. SCHEDULE K, PART III, LINE 4 & 5 PRIVATE BUSINESS USE: THE UNIVERSITY REVIEWS EVERY ACTIVITY PROPOSED FOR ITS BOND-FINANCED FACILITIES, AND ALLOWS IN THOSE FACILITIES ONLY ACTIVITIES THAT EITHER MEET THE INCIDENTAL CONTRACT EXCEPTION OR REVENUE PROCEDURE 97-13 SAFE HARBOR. SCHEDULE K, PART IV, COLUMN A, LINE 2C A REBATE CALCULATION WAS PERFORMED ON AUGUST 26, 2016. X 9 4000 SEE PART II X 7 227949 AVG. OF MARKET X AUCTION PRIZES 301 0 SEE PART II X OTHER - VARIOUS 23 0 SEE PART II 3 false true false SCHEDULE M, PART I NONCASH CONTRIBUTIONS: OTHER THAN CONTRIBUTIONS OF STOCK, NON-CASH ITEMS ARE NOT INCLUDED IN THE FINANCIAL STATEMENTS OF THE UNIVERSITY UNLESS THEY ARE SIGNIFICANT IN AMOUNT. FOR 2015, THE UNIVERSITY RECEIVED 9 ITEMS OF ARTWORK, ONE OF WHICH WAS VALUED AT $4,000, AND 301 AUCTION ITEMS, AND 23 OTHER ITEMS, WHICH WERE RECORDED AT ZERO VALUE. FORM 990, PART VI, QUESTION 6 ORGANIZATION'S MEMBERS: THE CONFERENCE FOR MERCY HIGHER EDUCATION, INC. ACTS AS A CORPORATE MEMBER OF THE UNIVERSITY OF SAINT JOSEPH. FORM 990, PART VI, QUESTION 7A ROLE OF SISTERS OF MERCY: ELECTION TO THE BOARD OF TRUSTEES IS BY MAJORITY VOTE OF THE UNICAMERAL BODY, WHICH CONSISTS OF THE BOARD OF TRUSTEES, AND ONE PERSON DESIGNATED BY THE MEMBER OF THE CORPORATION (THE CONFERENCE FOR MERCY HIGHER EDUCATION, INC., A MARYLAND NON-STOCK, NOT-FOR-PROFIT CORPORATION, ACTING BY AND THROUGH ITS DULY CONSTITUTED AND AUTHORIZED OFFICERS). FORM 990, PART VI, QUESTION 7B THE FOLLOWING ACTIONS REQUIRE AN AFFIRMATIVE VOTE BY THE MEMBER OF THE CORPORATION (THE CONFERENCE FOR MERCY HIGHER EDUCATION, INC.) IN ORDER TO BE VALID: *DISSOLUTION OF THE CORPORATION, OR CESSATION OF OPERATION AS A UNIVERSITY AND INSTITUTION OF HIGHER EDUCATION; *SALE OF LAND; *SALE, LEASE, EXCHANGE, MORTGAGE, PLEDGE, OR ANY OTHER DISPOSITION OF OTHER ASSETS OR PROPERTY OF THE CORPORATION, IN OTHER THAN THE ORDINARY APPOINTMENT OR REMOVAL OF THE PRESIDENT OF THE UNIVERSITY IS BY MAJORITY VOTE OF THE UNICAMERAL BODY, WHICH CONSISTS OF THE BOARD OF TRUSTEES AND ONE PERSON DESIGNATED BY THE MEMBER OF THE CORPORATION (THE CONFERENCE FOR MERCY HIGHER EDUCATION, INC.). FORM 990, PART VI, QUESTION 11A FORM 990 REVIEW PROCESS: THE FORM 990 IS REVIEWED IN DRAFT FORM BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE FINAL VERSION IS DISTRIBUTED TO THE BOARD OF TRUSTEES IN ADVANCE OF FILING. FORM 990, PART VI, QUESTION 12 CONFLICT OF INTEREST POLICY: THE PRESIDENT'S OFFICE SENDS ANNUAL CONFLICT OF INTEREST QUESTIONNAIRES TO MEMBERS OF THE BOARD OF TRUSTEES. THE SENIOR VICE PRESIDENT FOR FINANCE AND STRATEGY REVIEWS THE COMPLETED QUESTIONNAIRES, AND PRESENTS THE RESULTS TO THE BOARD'S AUDIT COMMITTEE. FORM 990, PART VI, QUESTIONS 15A AND SCHEDULE J PART I, QUESTION 3 COMPENSATION POLICY: THE PROCESS FOR DETERMINING THE COMPENSATION FOR THE PRESIDENT MEETS THE THREE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION. COMPENSATION FOR THE UNIVERSITY'S PRESIDENT IS SET BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, WHICH IS COMPOSED OF INDIVIDUALS WHO DO NOT HAVE A CONFLICT OF INTEREST REGARDING THE TRANSACTION. THE PROCESS INCLUDES THE COMPARISON WITH COMPENSATION OF PRESIDENTS OF COMPARABLE INSTITUTIONS, BY MEANS OF INDUSTRY SURVEYS AND REVIEW OF FORM 990S; AND CONTEMPORANEOUS DOCUMENTATION OF DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION AGREEMENT. THE PRESIDENT'S COMPENSATION AGREEMENT IS A WRITTEN DOCUMENT. THIS FULL PROCESS WAS MOST RECENTLY UNDERTAKEN DURING THE YEAR ENDED JUNE 30, 2015. FORM 990, PART VI, LINE 19 PUBLIC DISCLOSURE THE ORGANIZATION'S FORM 990, GOVERNING DOCUMENTS, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. IN ADDITION, THE FORM 990 AND THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE THROUGH THE UNIVERSITY'S WEBSITE. THE FORM 990 IS ALSO POSTED ON WWW.GUIDESTAR.ORG FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES: LOSS ON INTEREST RATE SWAP ($387,000) CONFERENCE FOR MERCY HIGHER EDUCATION 8380 COLESVILL RD SUITE 30 SILVER SPRING MD 20910 EDUCATION MD 501(C)(3) 1 NA false false false false false false false false false false false false false false false false false false false false