2016-02-29T11:32:20-06:00 2015-05-31 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 225 SOUTH SIXTH STREET SUITE 2300 MINNEAPOLIS MN 55402 990 2014-06-01 410695527 ST MARYS UNIVERSITY OF MINNESOTA STMA 5074571443 700 TERRACE HEIGHTS WINONA MN 559871399 BENJAMIN MURRAY VP-FINANCIAL AFFAIRS 5074571443 2016-02-17 1 LAWRENCE H MOHR CPA P00447603 6128764500 2014 2016-08-17 19:52:53Z BROTHER WILLIAM MANN 700 TERRACE HEIGHTS WINONA MN 559871399 107917997 0 X WWW.SMUMN.EDU X 1912 MN SAINT MARY'S UNIVERSITY OF MINNESOTA IS A PRIVATE, CATHOLIC INSTITUTION OFFERING COMPREHENSIVE UNDERGRADUATE AND GRADUATE PROGRAMS. OVER 1,200 STUDENTS ARE ENROLLED IN THE RESIDENTIAL UNDERGRADUATE COLLEGE AT THE WINONA CAMPUS, ESTABLISHED IN 1912. OVER THE COURSE OF A YEAR, MORE THAN 6,000 STUDENTS ARE ENROLLED IN THE SCHOOLS OF GRADUATE AND PROFESSIONAL PROGRAMS (SGPP), WHICH OFFERS CERTIFICATES, BACHELOR AND SPECIALIST PROGRAMS, MASTERS DEGREES AND DOCTORAL PROGRAMS. THE UNIVERSITY DELIVERS EDUCATION TO ITS ADULT LEARNERS THROUGH CAMPUSES IN MINNEAPOLIS; WINONA, NAIROBI, KENYA; CENTERS IN APPLE VALLEY; ROCHESTER; AND OAKDALE AND AT NUMEROUS OTHER LOCATIONS IN MINNESOTA, WISCONSIN AND JAMAICA. SAINT MARY'S IS ACCREDITED BY THE HIGHER LEARNING COMMISSION AND IS A MEMBER OF THE NORTH CENTRAL ASSOCIATION. 33 31 2253 92 6592 0 14788392 11035547 77562367 81888387 1193890 2043060 276672 151373 93821321 95118367 16073639 17265500 0 0 41506520 43475443 0 118294 1775434 27198189 28863623 84778348 89722860 9042973 5395507 143079509 149109489 28802645 29027330 114276864 120082159 X ENRICHED BY THE LASALLIAN CATHOLIC HERITAGE, SAINT MARY'S UNIVERSITY OF MINNESOTA AWAKENS, NURTURES, AND EMPOWERS LEARNERS TO ETHICAL LIVES OF SERVICE AND LEADERSHIP. 0 0 45200025 17265500 71840445 INSTRUCTION:SAINT MARY'S UNIVERSITY OF MINNESOTA HAS TWO PRIMARY ACADEMIC UNITS: THE COLLEGE AND THE SCHOOLS OF GRADUATE AND PROFESSIONAL PROGRAMS (SGPP). THE COLLEGE CONSISTS OF THE TRADITIONAL UNDERGRADUATE BACHELOR OF ARTS EXPERIENCE BASED ON THE WINONA CAMPUS. THE SGPP INCLUDES CONTINUING EDUCATION OFFERINGS, CERTIFICATE PROGRAMS, BACHELOR OF SCIENCE COMPLETION PROGRAMS, MASTER'S PROGRAMS, AN EDUCATION SPECIALIST PROGRAM, AND THREE DOCTORAL PROGRAMS. THE SGPP IS BASED ON BOTH THE TWIN CITIES AND WINONA CAMPUSES, WITH CENTERS IN ROCHESTER, APPLE VALLEY AND OAKDALE, MN. ACROSS THE 12-MONTH 2014-15 ACADEMIC YEAR THE COLLEGE ENROLLED 1,259 STUDENTS AND OFFERED 35,763 INSTRUCTIONAL ACTIVITY CREDIT HOURS. THE SGPP ENROLLED 6,871 STUDENTS ACROSS THE 2014-15 ACADEMIC YEAR AND OFFERED 72,996 INSTRUCTIONAL ACTIVITY CREDIT HOURS. THE UNIVERSITY EXPECTS TO MAINTAIN ENROLLMENT AT THE COLLEGE IN THE 2015-16, SERVING APPROXIMATELY 6,500 STUDENTS AND DELIVERING APPROXIMATELY 70,000 CREDIT HOURS. THE UNIVERSITY OFFERS 60 MAJORS WITH THE BACHELOR OF ARTS PROGRAM. THE UNIVERSITY OFFERS AN ADDITIONAL 60 PROGRAMS WITHIN THE SGPP. 14717626 INSTITUTIONAL:THE UNIVERSITY SERVES STUDENTS AT OVER 75 LOCATIONS IN MINNESOTA AND AT APPROXIMATELY 20 LOCATIONS IN WISCONSIN, EACH YEAR. BY BRINGING OUR PROGRAM/COURSES TO LOCATIONS THAT ARE MORE ACCESSIBLE TO WORKING ADULTS, THE UNIVERSITY PROVIDES EDUCATION TO THOSE WHO MIGHT NOT OTHERWISE BE ABLE TO TRAVEL TO CAMPUS LOCATIONS. THIS MODEL OF OFF CAMPUS DELIVERY WILL BE UTILIZED IN THE FUTURE. IN SUMMER 2012, THE UNIVERSITY BEGAN OFFERING ONLINE PROGRAMS AND CURRENTLY OFFERS TEN PROGRAMS ONLINE AND WE CONTINUE TO ADD ADDITIONAL GRADUATE PROGRAMS ANNUALLY. THE UNIVERSITY IS ALSO IN THE REACCREDITATION PROCESS. 10457454 8685561 STUDENT SERVICES:IN 2014-15, 397 TRADITIONAL UNDERGRADUATE STUDENTS (ABOUT 32% OF THAT POPULATION) PARTICIPATED IN 21 NCAA DIVISION III SPORTS OFFERED AT SAINT MARY'S UNIVERSITY. PARTICIPATION IN INTRAMURAL ACTIVITIES ANNUALLY IS MORE THAN 40%. THE FINANCIAL AID OFFICE PROCESSED $64,976,920 IN LOANS, GRANTS, WORK STUDY AND SCHOLARSHIP FOR THE ENTIRE UNIVERSITY IN 2014-15. IN 2014-15, 8% OF TRADITIONAL UNDERGRADUATE STUDENTS WERE FORMALLY REGISTERED AS STUDENTS WITH DISABILITIES WITH THE INSTITUTION'S OFFICE OF DISABILITY SERVICES, THE MAJORITY OF WHICH UTILIZED SERVICES OFFERED BY THE UNIVERSITY. 158 INTERNATIONAL STUDENTS WERE ENROLLED AT THE UNIVERSITY IN 2014-15. THIRTY-EIGHT STUDENTS PARTICIPATED IN THE FIRST GENERATION INITIATIVE PROGRAM, WHICH OFFERS SELECTED STUDENTS SCHOLARSHIPS TO ATTEND THE UNIVERSITY. THE STUDENTS ENGAGE IN SPECIAL SUPPORT ACTIVITIES WHICH INCLUDE STUDY HALLS, SPECIALIZED ADVISING AND SOCIAL ACTIVITIES WHICH PROMOTE RETENTION AND STUDENT SUCCESS.THE UNIVERSITY HAS FORGED A CLOSE CONNECTION TO THE MINNESOTA DEPARTMENT OF VETERANS AFFAIRS THAT RESULTS IN IMPROVED ACCESS TO SERVICES FOR VETERANS AND THEIR FAMILIES REGARDING EDUCATIONAL BENEFITS, RESOURCES TO ASSIST WITH THE COLLEGE TRANSITIONS, AND OTHER GENERAL SUPPORT. IN A UNIQUE PARTNERSHIP, THE HIGHER EDUCATION COORDINATOR FOR THE CENTRAL METRO REGION OF THE MINNESOTA DEPARTMENT OF VETERANS AFFAIRS OPERATES FROM AN OFFICE IN LA SALLE HALL ON THE TWIN CITIES CAMPUS. 6368964 1362381 INSTITUTIONAL SUPPORT, INCLUDING OPERATION OF PLANT AND DEPRECIATION. 6368964 1362381 76744069 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 1 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 0 1 153 0 2253 1 1 1 0 0 0 0 1 1 0 0 0 0 X 33 31 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MN CA X BENJAMIN MURRAY 5074571443 700 TERRACE HEIGHTS 8 WINONA MN 55987 CLAREY FSC BR WILLIAM TRUSTEE 1.00 X 0 0 0 CONVEY FSC BR KEVIN TRUSTEE 1.00 X 0 0 0 DOMANICO DR JOHN TRUSTEE 1.00 X 0 0 0 DOUGHERTY MR MICHAEL TRUSTEE 1.00 X 0 0 0 FROST DR MARILYN TRUSTEE 1.00 X 0 0 0 GEORGE MS KAREN TRUSTEE 1.00 X 0 0 0 HORAN MR JAMES TRUSTEE 1.00 X 0 0 0 JACOBS MR MARK TRUSTEE 1.00 X 0 0 0 KABARA MS BETTY TRUSTEE 1.00 X 0 0 0 KUCZMA MS LINDA TRUSTEE 1.00 X 0 0 0 MCGINNISS FSC BR MICHAEL TRUSTEE 1.00 X 0 0 0 MEYER MR PAUL TRUSTEE 1.00 X 0 0 0 MUELLER FSC BR FREDERICK TRUSTEE 1.00 X 0 0 0 O'LEARY MS KAYE TRUSTEE 1.00 X 0 0 0 PEARSON MR PETER TRUSTEE 1.00 X 0 0 0 POOS FSC BR DAVID TRUSTEE 1.00 X 0 0 0 QURAISHI MR HAMID TRUSTEE 1.00 X 0 0 0 RAMIEREZ BARBA FSC BR GUSTAVO TRUSTEE 1.00 X 0 0 0 REEDY MR RICHARD TRUSTEE 1.00 X 0 0 0 RUSSELL MR TERRANCE TRUSTEE 1.00 X 0 0 0 SALVI MR PATRICK TRUSTEE 1.00 X 0 0 0 SCHATZ FSC BR LARRY TRUSTEE 1.00 X 0 0 0 SLAGGIE MR MICHAEL TRUSTEE 1.00 X 0 0 0 SMARRELLI JR DR JOHN TRUSTEE 1.00 X 0 0 0 SMITHE MR WALTER TRUSTEE 1.00 X 0 0 0 SUCHOCKI MS CELESTE TRUSTEE 1.00 X 0 0 0 WLAZIK MS MARY PAT TRUSTEE 1.00 X 0 0 0 GOSTOMSKI MR MICHAEL CHAIR OF THE BOARD 1.00 X X 0 0 0 COOGAN MR JAMES VICE CHAIR 1.00 X X 0 0 0 BURRICHTER MS MARY TREASURER 1.00 X X 0 0 0 SIMON MS SANDY SECRETARY 1.00 X X 0 0 0 ROSS MR JOSEPH TREASURER 1.00 X X 0 0 0 MANN FSC BR WILLIAM PRESIDENT 40.00 X X 0 0 19594 MURRAY MR BENJAMIN VP FINANCIAL AFFAIRS 40.00 X 97391 0 14616 PYLE MR JOHN VP ENROLLMENT, MARKETING, STRATEGIC INITIATIVES 40.00 X 181711 0 31881 ARONSON DR DONNA VP ACADEMIC AFFAIRS 40.00 X 147616 0 17921 MOODY MS MERRI DEAN,GRADUATE SCHOOL OF HEALTH AND HUMAN SERVICES 40.00 X 143699 0 18392 SKELLEY MS MARY DIR OF CLINICAL ED, NURSE ANESTHESIA 40.00 X 128431 0 16014 KINTZI MS AUDREY VP DEVELOPMENT AND ALUMNI RELATIONS 40.00 X 138351 0 25373 DE SAM LAZARO MR FREDERICK PROJECT DIRECTOR, UNDER-TOLD STORIES 40.00 X 120411 0 15985 957610 0 159776 12 0 1 0 CHARTWELLS 700 TERRACE HEIGHTS WINONA MN 55987 FOOD SERVICE 2352465 DELTAK EDU 1415 WEST 22ND ST STE 400 OAK BROOK IL 60523 ONLINE LEARNING 2058652 MN25 MEDIA SOLUTIONS 4969 OLSON MEMORIAL HWY GOLDEN VALLEY MN 55422 MARKETING 631050 LIPMAN HEARNE INC PO BOX 88634 DEPT A CHICAGO IL 60680 CONSULTING 360707 WHELAN SECURITY 1699 SOUTH HANLEY RD 350 ST LOUIS MO 63144 SECURITY 270845 15 243450 3270611 7521486 179296 11035547 TUITION AND FEES 541900 71840445 71840445 AUXILIARY ENTERPRISES 611710 8685561 8685561 MISCELLANEOUS 611519 790714 790714 PRIVATE SPONSORED RESEARCH & PROG 541700 438622 438622 PERFORMANCE SEASON INCOME 711190 133045 133045 81888387 1043344 6592 1036752 311762 129019 182743 182743 182743 13631107 12631391 999716 999716 999716 7850 243450 39220 -31370 -31370 95118367 81888387 6592 2187841 17265500 17265500 919312 376941 404020 138351 32645893 27864439 3917507 863947 1668600 1401624 216918 50058 5752913 4832447 747879 172587 2488725 2090529 323534 74662 25892 25892 65022 65022 118294 118294 217612 217612 1828769 1098158 680953 49658 1952523 1601069 312404 39050 5367113 4288598 908362 170153 1601841 1281473 288331 32037 2758163 2261694 496469 2293472 1834778 412825 45869 356834 323975 12091 20768 347508 284957 62551 2858003 2343562 514441 324712 266264 58448 ONLINE FEE 2668750 2188375 480375 SPECIAL PROGRAMS 2111185 1731172 380013 FOOD SERVICE 1811341 1485300 326041 EQUIPMENT RENTAL & MAIN 1080149 943532 136617 1194734 979682 215052 89722860 76744069 11203357 1775434 6887 20333916 24561936 7982390 8125500 5813441 5937501 114921 42883 112911852 54060686 59074218 58851166 39761495 41159286 5727600 6229367 3180697 3087359 1090831 1107604 143079509 149109489 3601515 3731327 2987290 3005143 9281609 10217766 9335000 8595000 1158079 1102896 2439152 2375198 28802645 29027330 X 68288254 70585664 19894398 22634051 26094212 26862444 114276864 120082159 143079509 149109489 X 5395507 412581 -2793 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 112066 112066 0 PART II-B, LINE 1: SAINT MARY'S UNIVERSITY OF MINNESOTA IS A MEMBER OF 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 MARY'S UNIVERSITY OF MINNESOTA PAID MEMBERSHIP DUES TO MPCC IN THE AMOUNT OF $159,343 DURING THE TAXABLE YEAR. MPCC HAS DIVIDED ITS EXPENSES FOR ITS TAXABLE YEAR ENDING JUNE 30, 2015, INTO TWO GROUPS. GROUP 1 CONSISTS OF THOSE EXPENSES THAT DID NOT IN ANY WAY SUPPORT ATTEMPTS TO INFLUENCE LEGISLATION WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("LOBBYING"), AND GROUP 2 CONSISTS OF ALL OTHER EXPENSES. GROUP 2 INCLUDES MANY EXPENSES, SUCH AS PERSONNEL COSTS, THAT SUPPORTED BOTH LOBBYING AND NONLOBBYING ACTIVITIES. MPCC DID NOT ATTEMPT TO ALLOCATE THE GROUP 2 EXPENSES BETWEEN LOBBYING AND NON LOBBYING ACTIVITIES. MPCC HAS DETERMINED THAT THE AMOUNT OF THE GROUP 2 EXPENSES REPRESENTS 70.33% OF THE AMOUNT OF THE DUES THAT MPCC COLLECTED IN THE SAME TAXABLE YEAR. ASSUMING THAT ALL GROUP 2 EXPENSES WERE PAID FROM MEMBER DUES, AND ALLOCATING THOSE EXPENSES PRO RATA BASED ON THE DUES PAID BY EACH MEMBER, $112,066 OF SAINT MARY'S UNIVESRITY OF MINNESOTA'S DUES WERE USED TO PAY GROUP 2 EXPENSES. THE AMOUNT OF LOBBYING EXPENSES PAID FROM SAINT MARY'S UNIVERSITY OF MINNESOTA'S DUES WAS SIGNIFICANTLY LESS THAN THAT AMOUNT. 5000 499765 X 0 52521521 736404 2493382 1459952 54291355 48044924 1109383 4810530 1364969 78347 52521521 43171427 605197 5526798 1180306 39833 38359 48044924 44153606 1728545 -1415031 1179875 40746 75072 43171427 36207814 2730491 6480875 1123613 47724 94239 44153604 0.37950 0.47970 0.14080 1 0 1457394 1457394 76734420 26010895 50723525 3800453 2387069 1413384 25115083 21663487 3451596 5804502 3999235 1805267 58851166 ANNUITIES PAYABLE 528177 REFUNDABLE DEPOSITS 469150 DEPOSITS HELD IN CUSTODY FOR OTHERS 119612 ASSET RETIREMENT OBLIGATION 737189 CONTRACT PAYABLE 521070 2375198 X 78228056 412581 11981 424562 77803494 217612 17097261 17314873 95118367 72422761 183013 183013 72239748 217612 17265500 17483112 89722860 PART III, LINE 4: THE ARTWORK AT SAINT MARY'S INCLUDES PRINTS AND SCULPTURES THAT HELP TO SUPPORT OUR LASALLIAN MISSION AND ENHANCE THE SCHOLARLY ATMOSPHERE. PART V, LINE 4: ENDOWMENT FUND EARNINGS ARE USED TO SUPPORT STUDENT SCHOLARSHIPS, STUDENT ASSISTANCE, AND SOME PROGRAM ENDOWMENTS. PART X, LINE 2: THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES 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. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF MAY 31, 2015 AND 2014. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR THE CURRENT YEAR AS WELL AS FISCAL YEARS 2012 THROUGH 2014 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN ON FUNDS HELD IN TRUST BY OTHERS 11,981. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND SCHOLARSHIPS SHOWN AS A REDUCTION OF TUITION 17,265,500. RENTAL EXPENSES -129,019. FUNDRAISING EVENT EXPENSES -39,220. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON ACTUARIAL ADJUSTMENT 14,774. RENTAL EXPENSES 129,019. FUNDRAISING EVENT EXPENSE 39,220. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND SCHOLARSHIPS SHOWN AS A REDUCTION OF TUITION 17,265,500. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SAINT MARY'S UNIVERSITY INCLUDES A RACIALLY NONDISCRIMINATORY POLICY ON ALL APPLICATIONS, OUR WEBSITE, OUR UNDERGRADUATE AND GRADUATE CATALOGS, OUR FACT SHEET, OUR GRADUATE PROGRAM INFORMATION SHEETS AND OUR UNDERGRADUATE STUDENT RESOURCE AND DAILY PLANNER. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES SUPPORT FROM THE STATE OF MINNESOTA AND FROM THE UNITED STATES GOVERNMENT IN CONNECTION WITH STUDENT AID PROGRAMS SUCH AS FEDERAL AND MINNESOTA COLLEGE WORK STUDY PROGRAMS, PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS AND PERKINS LOAN FUNDS. THE UNIVERSITY ALSO RECEIVES A GRANT FROM THE STATE OF MINNESOTA BASED ON MINNESOTA RESIDENTS ENROLLED AND VARIOUS OTHER FEDERAL AND STATE EDUCATIONAL AND RESEARCH GRANTS OR SUBSIDIES. CENTRAL AMERICAN AND CARIBBEAN (JAMAICA) 1 6 PROGRAM SERVICES EDUCATION 30000 EUROPE (LONDON) 1 6 PROGRAM SERVICES EDUCATION 178338 SUB-SAHARA AFRICA (KENYA) 2 2 PROGRAM SERVICES EDUCATION 15000 CENTRAL AMERICAN AND CARIBBEAN (CAYMAN ISLANDS) 0 0 INVESTMENTS 1618000 4 14 0 0 4 14 1841338 0 1841338 1 0 1 1 1 0 SCHEDULE F, PART IV, LINE 1: THE UNIVERSITY INVESTS IN PARTNERSHIPS THAT INVEST DIRECTLY OR INDIRECTLY IN FOREIGN CORPORATIONS. HOWEVER, THE COLLEGE DOES NOT MEET THE FILING REQUIREMENT OF FORM 926 AS A RESULT. SCHEDULE F, PART IV, LINE 3: THE UNIVERSITY INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN FOREIGN CORPORATIONS. HOWEVER, THE COLLEGE DOES NOT MEET THE FILING REQUIREMENT OF FORM 5471 AS A RESULT. SCHEDULE F, PART IV, LINE 4: THE UNIVERSITY INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN PASSIVE FOREIGN INVESTMENT COMPANIES. HOWEVER, THE PARTNERSHIPS HAVE FILED FORM 8621 ON THEIR PARTNERS' BEHALF, AND THEREFORE THE UNIVERSITY HAS NOT FILED FORM 8621. SCHEDULE F, PART IV, LINE 5: THE UNIVERSITY INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN FOREIGN PARTNERSHIPS. HOWEVER, THE COLLEGE DOES NOT MEET THE FILING REQUIREMENT OF FORM 8865 AS A RESULT. X 1 ADVANTAGE PLUS CONSULTING INC 6280 S VALLEY VIEW BLVD LAS VEGAS NV 89118 ANNUAL FUND CALLING 0 100000 52700 47300 BENTZ WHALEY FLESSNER INC 7251 OHMS LANE MINNEAPOLIS MN 55439 CAPITAL CAMPAIGN STRATEGIES AND PROSPECTING 0 0 65594 -65594 100000 118294 -18294 AK AL AR CA CT MN MO NM OK OR PA RI WI WV CELEBRATION OF EXCELLENCE 251300 243450 7850 765 8209 3350 26896 251300 243450 7850 765 8209 3350 26896 39220 -31370 1 SCHOLARSHIPS AND GRANTS 1184 17265500 PART I, LINE 2: SAINT MARY'S DISTRIBUTES SCHOLARSHIPS BASED ON NEED AND MERIT. NEED BASED SCHOLARSHIPS ARE AWARDED BY THE FINANCIAL AID OFFICE USING THE INFORMATION FROM THE RESULTS OF THE FAFSA (FREE APPLICATION FOR FEDERAL STUDENT AID). MERIT BASED SCHOLARSHIPS ARE AWARDED BY THE ADMISSIONS OFFICE USING THE INFORMATION FROM THE STUDENT'S OFFICIAL HIGH SCHOOL TRANSCRIPTS AND THE RESULTS OF THE STANDARDIZED TEST (ACT, SAT, ETC.). FOR STUDENTS RECEIVING GRANTS AND SCHOLARSHIP FUNDS WITH RENEWAL CONDITIONS, FULFILLMENT OF THOSE CONDITIONS ARE VERIFIED BY THE FINANCIAL AID ADMINISTRATOR PRIOR TO THE AWARD BEING RENEWED (GPA, YEAR OF ATTENDANCE, ETC.) X 1 1 X X X 0 0 0 0 0 0 0 0 0 PYLE MR JOHN VP ENROLLMENT, MARKETING, STRATEGIC 181711 0 0 0 0 0 12598 0 19283 0 213592 0 0 0 ARONSON DR DONNA VP ACADEMIC AFFAIRS 147616 0 0 0 0 0 9900 0 8021 0 165537 0 0 0 MOODY MS MERRI DEAN,GRADUATE SCHOOL OF HEALTH AND H 143699 0 0 0 0 0 9877 0 8515 0 162091 0 0 0 KINTZI MS AUDREY VP DEVELOPMENT AND ALUMNI RELATIONS 138351 0 0 0 0 0 9344 0 16029 0 163724 0 0 0 PART I, LINE 1A THE UNIVERSITY PAID HOUSING ALLOWANCE FOR THE PRESIDENT. A MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY 410988525 604151HQZ 2010-05-20 4099216 REFINANCE PRIOR BOND FOR PREFERRED RATE 0 0 0 B MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY 410988525 2014-04-10 6025000 REFINANCE PRIOR BOND FOR PREFERRED RATE 0 0 0 A 995000 4099216 369509 81984 3647723 2010 1 0 1 1 B 520000 6025000 62737 5963263 2014 1 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 A 0 0 0 1 0 0 0 0 0 B 0 1 0 0 0 0 0 0 0 A 1 B 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 03/19/2013 SCHEDULE K, PART IV, LINE 7: DURING THE TWELVE MONTH PERIOD THE UNIVERSITY WORKED WITH OUTSIDE CONSULTANTS TO MONITOR COMPLIANCE; REBATE ANALYSTS HAVE BEEN ENGAGED SINCE THE FIRST ISSUE. WINONA HEATING AND VENTILATING MICHAEL GOSTOMSKI IS AN OFFICER OF THE COMPANY AND A CURRENT TRUSTEE. 66971 SUBCONTRACTOR FOR NORMAL COURSE OF BUILDING MAINTENANCE 0 X 1 5000 COST OR SELLING PRICE X 500 COST OR SELLING PRICE X 14032 COST OR SELLING PRICE X 17 159764 COST OR SELLING PRICE 0 0 1 1 PART I, COLUMN (B): PROVIDES THE NUMBER OF CONTRIBUTORS. PART I, LINE 32B: SAINT MARY'S UNIVERSITY'S POLICY IS TO SELL ALL STOCK GIFTS RECEIVED AT THE TIME OF RECEIPT. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS A STANDING COMMITTEE OF THE BOARD OF TRUSTEES COMPOSED OF THE CHAIR, THE VICE CHAIR, THE PRESIDENT, THE SECRETARY, THE TREASURER, THE CHAIR OF EACH OF THE STANDING COMMITTEES, AND THE PROVINCIAL OF THE MIDWEST DISTRICT OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (OR ANY SUCCESSOR ENTITY). THE EXECUTIVE COMMITTEE HAS THE FULL POWERS OF THE BOARD TO TAKE SUCH ACTION AS MAY BE NECESSARY OR APPROPRIATE IN THE EVENT OF AN EMERGENCY OR OTHER EXIGENT CIRCUMSTANCES, AS DETERMINED BY EITHER THE PRESIDENT OR THE CHAIR. FORM 990, PART VI, SECTION A, LINE 6 THE BROTHERS OF THE CHRISTIAN SCHOOLS ARE CONSIDERED MEMBERS OF THE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES HAS THE RESPONSIBILITY OF REVIEWING AND APPROVING THE FORM 990. AFTER REVIEW BY THE AUDIT COMMITTEE, THE BOARD OF TRUSTEES RECEIVES A COPY OF THE PUBLIC INSPECTION COPY OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C IN JUNE OF EACH YEAR, TRUSTEES, OFFICE HOLDERS AND COMMITTEE MEMBERS DISCLOSE IN WRITING: (1) ALL CONTRACTS OR BUSINESS TRANSACTIONS BETWEEN THE UNIVERSITY AND THE TRUSTEE, OFFICE HOLDER OR COMMITTEE MEMBER; (2) ALL CONTRACTS OF BUSINESS TRANSACTIONS BETWEEN THE UNIVERSITY AND A FAMILY MEMBER; AND (3) ALL CONTRACTS OR BUSINESS TRANSACTIONS BETWEEN THE UNIVERSITY AND AN ORGANIZATION IN WHICH THE TRUSTEE, OFFICE HOLDER OR COMMITTEE MEMBER OR THEIR FAMILY MEMBER HAS A MATERIAL FINANCIAL INTEREST. ALL CONFLICTS OF INTEREST ARE REPORTED TO THE GENERAL COUNSEL AND THE CHAIR OF THE BOARD. THE GENERAL COUNSEL SHALL REVIEW THE REPORT AND THEN PRESENT A REPORT TO THE EXECUTIVE COMMITTEE WITH THE DETAILS OF THE CONFLICT OF INTEREST AND RECOMMENDATIONS. UPON RECEIPT OF THE REPORT FROM THE GENERAL COUNSEL, THE EXECUTIVE COMMITTEE SHALL MEET TO DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS OR APPEARS TO EXIST. THE EXECUTIVE COMMITTEE SHALL RECORD A SUMMARY OF THE INTEREST, THE DETERMINATIONS MADE AND THE ACTIONS TAKEN BY THE COMMITTEE REGARDING THE POSSIBLE CONFLICT. THE EXECUTIVE COMMITTEE MAY TAKE ANY ACTION IT DEEMS APPROPRIATE INCLUDING: 1)FINDING THAT THE POTENTIAL CONFLICT OF INTEREST IS NOT DIRECT OR MATERIAL AND THAT THE UNIVERSITY'S INTERESTS ARE BEST SERVED BY THE TRUSTEE'S, OFFICE HOLDER'S OR COMMITTEE MEMBER'S PARTICIPATION; 2) RESTRICTING THE TRUSTEE, OFFICE HOLDER OR COMMITTEE MEMBER FROM ATTENDING ANY MEETING OR GATHERING AT ANY TIME AT WHICH THE MATTER IN QUESTION IS DISCUSSED; OR 3) UPON DETERMINING THAT THE CONTRACT OR BUSINESS TRANSACTION IS IN THE UNIVERSITY'S BEST INTEREST AND IS FAIR AND REASONABLE, APPROVE THE PROPOSED CONTRACT OR BUSINESS TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A USED FOR THE PRESIDENT AND ONE TOP MANAGEMENT POSITION. DATA ON SALARY OF COMPARABLE INSTITUTIONS WAS PROVIDED TO THE CHAIR OF THE BOARD FROM AN OUTSIDE CONSULTANT WHO SPECIALIZES IN DETERMINING MARKET BASED COMPENSATION RATES FOR KEY POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 ARTICLES OF INCORPORATION ARE PUBLIC DOCUMENTS AVAILABLE FROM THE SECRETARY OF STATE. BYLAWS ARE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS AVAILABLE ON THE UNIVERSITY'S WEBSITE. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND THROUGH EMMA (ELECTRONIC MUNICIPAL MARKET ACCESS). FORM 990, PART XI, LINE 9: GAIN ON FUNDS HELD BY OTHERS 11,981. LOSS ON ACTUARIAL ADJUSTMENT -14,774. FORM 990, PART XII, LINE 2C: NEITHER THE OVERSIGHT PROCESS NOR THE SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT CHANGED DURING THE TAX YEAR. RESIDENCE TRUST (1) CHARITABLE TRUST MN N/A T 0 CHARITABLE REMAINDER UNITRUST (6) CHARITABLE TRUST MN N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0