2017-05-02T16:50:21-05:00 2016-06-30 ERNST & YOUNG US LLP 800 YARD STREET SUITE 200 GRANDVIEW HEIGHTS OH 43212 990 2015-07-01 237179567 MOUNT ST JOSEPH UNIVERSITY % ANNE MARIE WAGNER CFO MOUN 5132444200 5701 DELHI ROAD CINCINNATI OH 452331670 ANNE MARIE WAGNER CFO 5132444200 2017-04-28 DIANE L BEAN P00104972 6142245678 2015 2017-02-10 21:41:12Z H JAMES WILLIAMS 5701 Delhi Road Cincinnati OH 452331670 50959511 false X msj.edu X 1972 OH SEE SCHEDULE O 31 30 1261 50 202942 4517128 2960281 46583492 45876211 3207238 1408525 1073243 360196 55381101 50605213 13428985 13544553 0 0 25170847 23538773 0 0 905659 13870040 14047494 52469872 51130820 2911229 -525607 87001650 84170647 23407304 23037769 63594346 61132878 X MOUNT ST. JOSEPH UNIVERSITY IS A CATHOLIC ACADEMIC COMMUNITY GROUNDED IN THE SPIRITUAL VALUES AND VISION OF ITS FOUNDERS, THE SISTERS OF CHARITY. THE UNIVERSITY EDUCATES ITS STUDENTS THROUGH INTERDISCIPLINARY LIBERAL ARTS AND PROFESSIONAL CURRICULA EMPHASIZING VALUES, INTEGRITY AND SOCIAL RESPONSIBILITY. MEMBERS OF THE MOUNT COMMUNITY EMBRACE EXCELLENCE IN ACADEMIC ENDEAVORS, THE INTEGRATION OF LIFE AND LEARNING, RESPECT AND CONCERN FOR ALL PERSONS, DIVERSITY OF CULTURES AND BELIEFS, AND SERVICE TO OTHERS. false false 28608859 13544553 32946253 UNDERGRADUATE EDUCATION - THE UNIVERSITY'S UNDERGRADUATE ACADEMIC PROGRAMS INSPIRE EXCELLENCE, INTELLECTUAL CHALLENGE, AND REAL LIFE EXPERIENCES. MAJORS ARE OFFERED IN BUSINESS, BEHAVIORAL AND NATURAL SCIENCES, EDUCATION, HEALTH SCIENCES, AND ARTS & HUMANITIES. IN ADDITION, STUDENTS HAVE THE OPPORTUNITY TO EXPAND LEARNING BEYOND THE CLASSROOM THROUGH COOPERATIVE EDUCATION, SERVICE LEARNING, AND STUDY ABROAD PROGRAMS. THE UNIVERSITY OFFERS PROGRAMS TAILORED TO TRADITIONAL, ADULT, AND PART-TIME STUDENTS. ENROLLMENT FOR THE YEAR ENDED JUNE 30, 2016 WAS 1,545 STUDENTS. 11852521 0 3203701 STUDENT AND RESIDENCE LIFE - INCLUDES ADMISSION AND ENROLLMENT OF STUDENTS, AS WELL AS PERSONAL AND CAREER SUPPORT. ALSO INCLUDES VARIOUS CAMPUS ACTIVITIES AND 21 ATHLETIC PROGRAMS. RESIDENCE LIFE IS COMMITTED TO PROVIDING QUALITY HOUSING FOR FULL-TIME SINGLE STUDENTS THAT ENHANCES THE EXPERIENCE OF EACH RESIDENT WHILE SUPPORTING ACADEMIC ACHIEVEMENT AND THE MISSION OF THE UNIVERSITY. 4897480 0 9726257 GRADUATE EDUCATION - OFFERS MASTERS AND DOCTORAL PROGRAMS. INSTRUCT AND PROVIDE ACADEMIC SUPPORT TO STUDENTS ENROLLED IN THOSE PROGRAMS. DEGREES INCLUDE EDUCATION, HEALTH SCIENCES, MBA, AND ORGANIZATIONAL LEADERSHIP. 45358860 true true false false false false false false false true true false false false true true true false true false false false false false true false false false true true true false false false false false false false true false false false false true false false false true X 141 0 true 1261 true true true false false false false true true false false false false X 31 30 true false false false true true true true true false false true true true true true true true true false OH X ANNE MARIE WAGNER CFO 5132444200 5701 DELHI ROAD Cincinnati OH 452331670 Linda Antus Trustee 1.0 0.0 X 0 0 0 TIMOTHY G AUG TRUSTEE 1.0 0.0 X 0 0 0 Joanne M Burrows SC Trustee 1.0 0.0 X 0 0 0 MARK C CLEMENT TRUSTEE (EFF 2/2016) 1.0 0.0 X 0 0 0 Barbara Davis SC Trustee 1.0 0.0 X 0 0 0 BRIAN DOYLE TRUSTEE 1.0 0.0 X 0 0 0 George S Elliot Trustee 1.0 0.0 X 0 0 0 MARY ANN FLANNERY SC TRUSTEE 1.0 0.0 X 0 0 0 Michael J Habel Trustee 1.0 0.0 X 0 0 0 MARTIN F HOLLENBECK TRUSTEE 1.0 0.0 X 0 0 0 Mary E Ivers Trustee 1.0 0.0 X 0 0 0 Frank G Julian Trustee 1.0 0.0 X 0 0 0 CATHERINE KIRBY SC TRUSTEE 1.0 0.0 X 0 0 0 Michael T LaRosa Trustee 1.0 0.0 X 0 0 0 Timothy A Massa VICE CHAIRMAN 1.0 0.0 X X 0 0 0 KATHRYN K MCMULLEN TRUSTEE 1.0 0.0 X 0 0 0 Judith Metz SC Trustee 1.0 0.0 X 0 0 0 Jason P Niehaus TRUSTEE 1.0 0.0 X 0 0 0 Bernadette L Plair Trustee 1.0 0.0 X 0 0 0 CAROLINE K PRATT TRUSTEE 1.0 0.0 X 0 0 0 John S Prout Trustee (THRU 9/28/15) 1.0 0.0 X 0 0 0 Toby P Rau Trustee 1.0 0.0 X 0 0 0 JANIS C ROSS TRUSTEE (THRU 9/21/15) 1.0 0.0 X 0 0 0 KENNETH J RYAN TRUSTEE 1.0 0.0 X 0 0 0 Lisa Sanger Trustee (THRU 9/21/15) 1.0 0.0 X 0 0 0 Thomas J Schiller Trustee (THRU 9/21/15) 1.0 0.0 X 0 0 0 Mary Delores Schneider SC Trustee 1.0 0.0 X 0 0 0 Timothy J Schroeder Trustee 1.0 0.0 X 0 0 0 PAUL C SILVA TRUSTEE 1.0 0.0 X 0 0 0 Kenneth W Stecher TRUSTEE 1.0 0.0 X 0 0 0 BERNARD P SUER TRUSTEE (THRU 9/21/15) 1.0 0.0 X 0 0 0 STEVEN SUETHOLZ TRUSTEE 1.0 0.0 X 0 0 0 JOEL THIERSTEIN INTRM PRESIDENT (THRU 3/14/16) 48.0 0.0 X X 183899 0 19223 Mark Weadick Trustee & Finance Chair 1.0 0.0 X 0 0 0 H JAMES WILLIAMS PRESIDENT (EFF 3/15/2016) 48.0 0.0 X X 0 0 0 Patricia Wittberg SC Trustee 1.0 0.0 X 0 0 0 JOHN J YOUNG CHAIRMAN OF THE BOARD 1.0 0.0 X X 0 0 0 LINDA PANZECA SECRETARY & CCO 48.0 0.0 X 114625 0 4061 Anne Marie Wagner Treasurer & CFO 48.0 0.0 X 143234 0 13281 DIANA DAVIS INTERIM PROVOST 48.0 0.0 X 130706 0 10356 WILLIAM MINOR VP-MARKETING & ENROLLMENT 48.0 0.0 X 130021 0 5787 JAMAL ADU RASHED DEAN OF SCHOOL OF BUSINESS 48.0 0.0 X 146000 0 4208 ROSANNE M THOMAS CHAIR PHYSICAL THERAPY 48.0 0.0 X 118798 0 21298 DARLA VALE DEAN OF HEALTH SCIENCES 48.0 0.0 X 127357 0 10306 TONY Aretz FORMER PRESIDENT 24.0 0.0 X 276029 0 16048 1370669 0 104568 9 true true false AVI FOOD SYSTEMS 2950 ELM ROAD NE WARREN OH 44483 FOOD SRVC/CATERING 1087880 Imbus Roofing CoMPANY 5 Charlin DrIVE WILDER KY 41076 ROOFING 491055 DATACOM SPECIALISTS LLC 6811 HARRISON AVE STE B CINCINNATI OH 45247 IT CONSULTING 316209 MULTI-CRAFT INC PO BOX 72960 NEWPORT KY 41072 DESIGN & PRTING SVCS 259430 JENZABAR PO BOX 55018 BOSTON MA 02205 SOFTWARE SERVICES 250900 18 159527 460000 659880 1680874 77667 2960281 UNDERGRADUATE EDUCATION 900099 32946253 32946253 STUDENT AND RESIDENT LIFE 900099 3203701 3203701 GRADUATE EDUCATION 900099 9726257 9726257 45876211 843957 843957 0 0 0 0 0 796980 232412 564568 564568 564568 74050 159527 121886 -47836 -47836 0 0 FACILITIES RENTAL 531190 221485 202942 18543 BOOKSTORE 611710 41537 41537 OTHER 900099 145010 145010 408032 50605213 45876211 202942 1565779 0 13544553 13544553 0 0 461489 461489 292077 292077 18373672 16925736 829714 618222 884045 795430 64992 23623 2200921 1987083 155903 57935 1326569 1180912 110587 35070 0 127470 127470 84650 84650 0 0 39412 39412 1837703 1055383 732150 50170 1226451 1120801 38561 67089 2487857 2421135 46712 20010 232019 232019 0 737424 551055 184379 1990 467145 442536 20819 3790 0 201792 176672 15487 9633 511838 511838 0 4043793 3178264 865529 385323 385323 BAD DEBTS EXPENSE 225000 225000 LIBRARY BOOKS & SOFTWARE 272337 253580 3606 15151 BOARD AND FOOD COURT EXPENSE 872711 872711 ALL OTHER EXPENSES 294569 10667 280926 2976 51130820 45358860 4866301 905659 4264675 3749845 2591385 2670905 2530902 2165484 682233 676343 0 0 0 0 1227415 1315905 3697 3696 609021 626924 83630921 60926455 24289674 22704466 50364964 49828030 0 0 0 0 0 0 437684 429049 87001650 84170647 2551808 2747828 1582183 1731794 3595094 3979659 14468283 13435140 0 0 0 0 0 0 0 0 1209936 1143348 23407304 23037769 X 31113487 30327262 15375611 13687233 17105248 17118383 63594346 61132878 87001650 84170647 X -525607 -1942584 6723 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38192996 116747 -1212795 811128 68609 36217211 37545547 519511 1348360 798760 421662 38192996 32996133 263312 5849551 657931 905518 37545547 29089627 1365648 3884852 654947 689047 32996133 27439889 2569414 77281 668477 328480 29089627 0.26000 0.47000 0.27000 false false 2007337 2007337 15395936 8407003 6988933 39206854 31161203 8045651 16562293 14488273 2074020 10458501 6869976 3588525 22704466 0 DEPOSITS 449390 FINANCIAL INSTRUMENT LIABILITY 693958 1143348 X 48669352 -1942584 6723 -1935861 50605213 50605213 51130820 51130820 51130820 SCHEDULE D, PART V, LINE 4 Organization's Intended use of Endowment Funds THE UNIVERSITY'S ENDOWMENT FUND IS PRIMARILY USED TO FUND SCHOLARSHIPS AND AID TO STUDENTS. OTHER USES INCLUDE INSTRUCTIONAL, ACADEMIC SUPPORT, AND PLANT OPERATIONS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) FOOTNOTE THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT IS NOT AWARE OF ANY COURSE OF ACTION OR SERIES OF EVENTS THAT HAVE OCCURRED THAT MIGHT ADVERSELY AFFECT THE UNIVERSITY'S EXEMPT STATUS. THE UNIVERSITY APPLIES THE PROVISIONS OF FASB ASC 740, INCOME TAXES, IN REGARDS TO UNCERTAIN TAX POSITIONS. THE UNIVERSITY COMPLETED AN ANALYSIS OF ITS TAX POSITIONS AT JUNE 30, 2016 AND 2015, AND DETERMINED THAT NO AMOUNTS WERE REQUIRED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. Schedule D, Part XI, Line 2d OTHER RECONCILING ITEMS FROM 990 TO FINANCIAL STATEMENTS GAIN ON SWAPS (FINANCIAL INSTRUMENTS) ($10,293) CHANGE IN BENEFICIAL INTEREST IN TRUST $18,512 CHANGE IN ANNUITIES PAYABLE ($1,496) TOTAL $6,723 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 RACIALLY NONDISCRIMINATORY POLICY MOUNT ST. JOSEPH UNIVERSITY IS COMMITTED TO PROVIDING AN EDUCATIONAL AND EMPLOYMENT ENVIRONMENT FREE FROM DISCRIMINATION OR HARASSMENT ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, AGE DISABILITY, SEXUAL ORIENTATION, OR OTHER MINORITY OR PROTECTED STATUS. THIS COMMITMENT EXTENDS TO THE UNIVERSITY'S ADMINISTRATION OF ITS ADMISSION, FINANCIAL AID, EMPLOYMENT, AND ACADEMIC POLICIES AS WELL AS THE UNIVERSITY'S ATHLETIC PROGRAMS AND OTHER UNIVERSITY-ADMINISTERED PROGRAMS, SERVICES AND ACTIVITIES. THIS POLICY IS PUBLISHED ON THE FRONT PAGE OF THE UNIVERSITY'S WEBSITE AS WELL AS THE UNIVERSITY'S CATALOG. SCHEDULE E, PART I, LINE 6A FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT AGENCY THE UNIVERSITY RECEIVES FINANCIAL AID FROM THE US DEPARTMENT OF EDUCATION IN THE FORM OF FEDERAL WORK STUDY (FWS), TEACHER EDUCATION ASSISTANCE FOR COLLEGE & HIGHER EDUCATION (TEACH), SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS (SEOG), PELL, AND UPWARD BOUND. SCHLRSHP DINNER 181287 128640 52647 9640 16275 24902 45790 FTBALL GLF OTN 10870 7227 3643 6424 3 41420 23660 17760 18855 233577 159527 74050 9640 16275 50181 45790 121886 -47836 true STUDENT AID 1666 13544553 Form 990, Schedule I A LIST OF RECIPIENTS OF SCHOLARSHIPS, FELLOWSHIPS, AND GRANTS IS ON FILE AT THE INSTITUTION UPON REQUEST. ALTHOUGH THERE MAY BE RECIPIENTS WHO ARE RELATED TO PERSONS HAVING AN INTEREST IN THE ORGANIZATION, SUCH RECIPIENTS ARE ON AN EQUAL, OBJECTIVELY DETERMINABLE BASIS WITH OTHER RECIPIENTS; THAT IS ALL STUDENTS RECEIVING AID ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACHIEVEMENT, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS. X X X true true X X X true false false false false false false false false TONY Aretz FORMER PRESIDENT 151486 0 124543 523 15525 292077 114000 JOEL THIERSTEIN INTRM PRESIDENT (THRU 3/14/16) 183899 0 0 5955 13268 203122 0 Anne Marie Wagner Treasurer & CFO 143234 0 0 5470 7811 156515 0 JAMAL ADU RASHED DEAN OF SCHOOL OF BUSINESS 146000 0 0 4208 0 150208 0 SCHEDULE J, PART I, LINE 1A SUPPLEMENTAL COMPENSATION INFORMATION HOUSING RESIDENCE FOR PERSONAL USE PER THE REQUEST OF THE COLLEGE, THE FORMER PRESIDENT AND HIS FAMILY RESIDED IN A COLLEGE OWNED HOME ON THE CAMPUS. THIS BENEFIT WAS REPORTED AS A NON-TAXABLE FRINGE BENEFIT TO MR. ARETZ. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES THE COLLEGE PAID THE MONTHLY DUES ASSOCIATED WITH THE FORMER PRESIDENT'S MEMBERSHIP TO THE LOCAL COUNTRY CLUB. ALL DUES WERE INCLUDED AS A TAXABLE FRINGE BENEFIT TO MR. ARETZ. PERSONAL SERVICES THE COLLEGE PROVIDED ROUTINE CUSTODIAL AND MAINTENANCE TO THE FORMER PRESIDENT'S RESIDENCE ON CAMPUS. THE COST OF THESE SERVICES WAS CONSIDERED A NON-TAXABLE FRINGE BENEFIT TO MR. ARETZ. SCHEDULE J, PART I, LINE 4A UPON SEPARATION FROM SERVICE, MR. ARETZ WAS ELIGIBLE FOR A SALARY CONTINUANCE PLAN. A OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 2009-07-30 17200000 SEE PART VI false false false A 5505000 0 17200000 0 0 0 175550 0 0 0 17024450 0 2009 true false true true A false false true true false 0.00050 0.00010 0.00060 false false false false A false false true false true true 53 BANK 2.4 false false false 0 false false A false SCHEDULE K, PART I, LINE A, COLUMN F DESCRIPTION OF PURPOSE OF TAX EXEMPT BONDS REVENUE BONDS USED TO REFINANCE PREVIOUS DEBT ISSUED ON 4/1/2004 AND 7/22/2004 AND TO PAY ISSUANCE COSTS. SCHEDULE K, PART IV, LINE 3 BOND ISSUE VARIABLE RATE THE REVENUE BONDS HAVE BOTH FIXED AND VARIABLE SERIES. THE AMOUNT OF THE VARIABLE PORTION OF THE BONDS (SERIES B) WAS APPROXIMATELY $10,000,000. SCHEDULE K, PART IV, LINE 4 HEDGE PROVIDER THERE IS A SECOND QUALIFIED HEDGE PROVIDED BY US BANK WITH A TERM OF 6.5 YEARS. X 13 67075 COST/SELLING PRICE X 3 1240 COST/SELLING PRICE X IN-KIND LIGHTING 1 1084 COST/SELLING PRICE X IN-KIND PRINT & ADS 3 4371 COST/SELLING PRICE X IN-KIND VIDEO PRDCTN 1 2986 COST/SELLING PRICE X IN-KIND MISC 11 911 COST/SELLING PRICE false true false FORM 990, PART I, LINE 1 ORGANIZATION'S MISSION MOUNT ST. JOSEPH UNIVERSITY (MSJU) IS A CATHOLIC ACADEMIC COMMUNITY GROUNDED IN THE SPIRITUAL VALUES AND VISION OF ITS FOUNDERS, THE SISTERS OF CHARITY. THE UNIVERSITY EDUCATES ITS STUDENTS THROUGH INTERDISCIPLINARY LIBERAL ARTS AND PROFESSIONAL CURRICULA EMPHASIZING VALUES, INTEGRITY AND SOCIAL RESPONSIBILITY. MEMBERS OF THE UNIVERSITY COMMUNITY EMBRACE: EXCELLENCE IN ACADEMIC ENDEAVORS; INTEGRATION OF LIFE AND LEARNING; RESPECT AND CONCERN FOR ALL PERSONS; DIVERSITY OF CULTURES AND BELIEFS; SERVICE TO OTHERS. FORM 990, PART VI, LINE 2 THE UNIVERSITY IS AWARE OF RELATIONSHIPS BETWEEN MEMBERS OF THE BOARD OF TRUSTEES, THEIR COMPANIES, AND OTHER BOARD MEMBERS AND THEIR COMPANIES BUT CONSIDERS THESE RELATIONSHIPS FOCUSED ON SERVICES NORMAL IN THE COURSE OF BUSINESS. TRUSTEES MICHAEL HABEL, TIMOTHY AUG, BRIAN DOYLE AND KENNETH RYAN, HAVE A BUSINESS RELATIONSHIP WITH MSJU. TOBY RAU, TRUSTEE, HAS BUSINESS RELATIONSHIPS WITH TOM SCHILLER, TRUSTEE. TRUSTEES STEVE SUETHOLZ, KENNETH STRECHER AND MARY HOLLENBACK HAVE BUSINESS RELATIONSHIPS WITH EACH OTHER. FORM 990, PART VI, LINE 6 MEMBERS OR STOCKHOLDERS THE MEMBERS OF THE UNIVERSITY CORPORATION ARE THE MEMBERS OF THE CORPORATION BOARD FOR SPONSORED MINISTRIES APPOINTED BY THE SISTERS OF CHARITY OF CINCINNATI, OHIO. FORM 990, PART VI, LINE 7A POWER TO ELECT OR APPOINT MEMBERS THE BOARD OF TRUSTEES OF THE UNIVERSITY ARE ELECTED BY THE MEMBERS OF THE CORPORATION BOARD FOR SPONSORED MINISTRIES OF THE SISTERS OF CHARITY OF CINCINNATI, OH. FORM 990, PART VI, LINE 7B DECISIONS RESERVED TO MEMBERS OR STOCKHOLDERS THE SISTERS OF CHARITY OF CINCINNATI, OHIO IS THE SPONSORING ORDER OF THE UNIVERSITY. CERTAIN RECOMMENDATIONS FROM THE BOARD OF TRUSTEES (SUCH AS THE ELECTION OR REMOVAL OF THE CEO) MUST BE APPROVED BY THE SISTERS OF CHARITY CORPORATION BOARD. OTHER APPROVAL POWERS VESTED IN THE SISTERS OF CHARITY LEADERSHIP COUNCIL INCLUDE ANY CHANGES TO THE MISSION, PHILOSOPHICAL DIRECTION OR PURPOSES; ESTABLISHING SEPARATE CORPORATIONS; ADOPTION REPEAL, OR AMENDMENT OF THE ARTICLES OF INCORPORATION OR CODE OF REGULATION; ACQUIRING CAPITAL FINANCING AND THE AMORTIZATION OF DEBT; THE PURCHASE, SALE, LEASE, OR DISPOSITION OF REAL PROPERTY OR OTHER ASSETS OR THE INCURRING OF DEBT OR OTHER OBLIGATIONS THAT EXCEED THE MONETARY LIMIT SET ANNUALLY BY THE LEADERSHIP COUNCIL; APPOINTMENT OF EXTERNAL AUDITORS; OR ANY ITEMS IN THE CAPITAL OR OPERATING BUDGET INFERRING A SUBSIDY FROM CONGREGATIONAL FUNDS. FORM 990, PART VI, LINE 11B PROCESS USED TO REVIEW THE FORM 990 DRAFT COPIES OF THE FORM 990 ARE PRESENTED TO THE AUDIT/FINANCE COMMITTEE AND/OR THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES FOR THE REVIEW PRIOR TO FILING. AFTER DISCUSSION, MODIFICATIONS OR CHANGES ARE INCORPORATED INTO THE DRAFT. THIS REVISED DRAFT IS THEN PRESENTED TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND DISCUSSION. OPEN ITEMS AFTER THIS DISCUSSION WILL BE TAKEN BACK TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR FINAL APPROVAL. ONCE IT HAS BEEN APPROVED, IT WILL BE MADE AVAILABLE TO THE ENTIRE BOARD OF TRUSTEES BEFORE FILING. FORM 990, PART VI, LINE 12C MONITORING AND ENFORCEMENT OF COMPLIANCE WITH CONFLICT OF INTEREST POLICY ALL OFFICERS, TRUSTEES, AND EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST POLICY STATEMENT ANNUALLY. THE CHIEF COMPLIANCE OFFICER IS RESPONSIBLE FOR DISTRIBUTION, COLLECTION, AND REVIEW OF ALL COMPLETED STATEMENTS. UPON REVIEW, OFFICER, DIRECTOR, AND TRUSTEE STATEMENTS ARE FORWARDED TO THE AUDIT/FINANCE COMMITTEE CHAIR FOR FURTHER REVIEW AND DOCUMENTATION OF ANY CONFLICTS. A CONFLICT IS DETERMINED TO EXIST WHEN A PERSON HAS A BUSINESS RELATIONSHIP WITH THE UNIVERSITY EITHER PERSONALLY OR THROUGH HIS OR HER EMPLOYER. ANYONE WHO HAS BEEN DETERMINED TO HAVE A CONFLICT SHALL RECUSE HIS OR HER SELF FROM VOTES RELATING TO THE CONFLICT. SUCH RECUSAL IS DOCUMENTED IN BOARD MINUTES. FORM 990, PART VI, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE CHAIR OF THE BOARD OF TRUSTEES DISTRIBUTED TO THE INDEPENDENT MEMBERS OF THE EXECUTIVE COMMITTEE COMPARISON SALARY DATA FOR THE PRESIDENT OF THE UNIVERSITY AND ITS CABINET MEMBERS. THE COMMITTEE REVIEWED AND DISCUSSED THE DATA, COMPARED IT WITH THE ACTUAL SALARY AMOUNTS AND UNANIMOUSLY AGREED THE SALARIES WERE REASONABLE AND FAIR. THIS PROCESS IS DONE ANNUALLY. FORM 990, PART VI, LINE 19 PROCESS FOR MAKING DOCUMENTS AVAILABLE TO THE PUBLIC THE UNIVERSITY WILL DISCLOSE REFERENCED DOCUMENTS TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES LOSS ON SWAPS (FINANCIAL INSTRUMENTS) ($10,293) CHANGE IN BENEFICIAL INTEREST IN TRUST $18,512 CHANGE IN ANNUITIES PAYABLE ($1,496) TOTAL $6,723 Sisters of Charity Cincinnati 5900 Delhi Road Cincinnati OH 45051 310537158 Religious Com OH 501(c)(3) 1 NA false false false true false false false false false true true false false false false true false false false SISTERS OF CHARITY OF CINCINNATI C 60000 FMV