COLLEGE OF ST SCHOLASTICA INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: COLLEGE OF ST SCHOLASTICA INC (EIN 41-0698301)
Tax period: 2014-07-01 to 2015-06-30
Filed: 2015-11-11
IRS object ID: 201503159349302510
Schema version: 2014v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-11-11T12:28:24-06:00	ReturnTs
Tax Period End	2015-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	410746749	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CLIFTONLARSONALLEN LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	220 SOUTH SIXTH STREET SUITE 300	AddressLine1Txt
City	MINNEAPOLIS	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55402	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2014-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	410698301	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	COLLEGE OF ST SCHOLASTICA INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	COLL	BusinessNameControlTxt
Phone	8004475444	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1200 KENWOOD AVENUE	AddressLine1Txt
City	DULUTH	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	558114199	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	SUSAN KERRY	PersonNm
Person Title	VP FOR FINANCE	PersonTitleTxt
Phone	8004475444	PhoneNum
Signature	2015-10-26	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DON LOBERG	PreparerPersonNm
PTIN	P01541048	PTIN
Phone	6123764500	PhoneNum

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	DR GEORGE GOODWIN	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1200 KENWOOD AVENUE	AddressLine1Txt
City	DULUTH	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	558114199	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$167,220,777	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.CSS.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1962	FormationYr
Legal Domicile State	MN	LegalDomicileStateCd
Activity Or Mission	PROVIDE INTELLECTUAL AND MORAL PREPARATION FOR RESPONSIBLE LIVING AND MEANINGFUL WORK.	ActivityOrMissionDesc
Voting Members Governing Body	25	VotingMembersGoverningBodyCnt
Voting Members Independent	24	VotingMembersIndependentCnt
Total Employee	2048	TotalEmployeeCnt
Total Volunteers	200	TotalVolunteersCnt
Total Gross UBI	$136,385	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$49,583	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$7,967,810	PYContributionsGrantsAmt
CY Contributions Grants	$10,049,243	CYContributionsGrantsAmt
PY Program Service Revenue	$99,674,351	PYProgramServiceRevenueAmt
CY Program Service Revenue	$100,804,841	CYProgramServiceRevenueAmt
PY Investment Income	$2,759,895	PYInvestmentIncomeAmt
CY Investment Income	$11,762,106	CYInvestmentIncomeAmt
PY Other Revenue	$686,204	PYOtherRevenueAmt
CY Other Revenue	$1,003,162	CYOtherRevenueAmt
PY Total Revenue	$111,088,260	PYTotalRevenueAmt
CY Total Revenue	$123,619,352	CYTotalRevenueAmt
PY Grants And Similar Paid	$34,092,603	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$35,702,500	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$49,355,718	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$46,946,758	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$73,906	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$117,377	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$1,638,900	CYTotalFundraisingExpenseAmt
PY Other Expenses	$25,397,907	PYOtherExpensesAmt
CY Other Expenses	$25,419,434	CYOtherExpensesAmt
PY Total Expenses	$108,920,134	PYTotalExpensesAmt
CY Total Expenses	$108,186,069	CYTotalExpensesAmt
PY Revenues Less Expenses	$2,168,126	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$15,433,283	CYRevenuesLessExpensesAmt
Total Assets BOY	$159,437,091	TotalAssetsBOYAmt
Total Assets EOY	$168,795,309	TotalAssetsEOYAmt
Total Liabilities BOY	$67,223,651	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$70,414,427	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$92,213,440	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$98,380,882	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SHAPED BY THE CATHOLIC BENEDICTINE HERITAGE, THE COLLEGE OF ST. SCHOLASTICA PROVIDES INTELLECTUAL AND MORAL PREPARATION FOR RESPONSIBLE LIVING AND MEANINGFUL WORK. IN CONJUNCTION WITH THIS MISSION STATEMENT, THE COLLEGE'S VISION STATEMENT IS AS FOLLOWS: THE COLLEGE OF ST. SCHOLASTICA WILL BE WIDELY REGARDED AS AN ACADEMIC COMMUNITY GROUNDED IN THE RICH BENEDICTINE HERITAGE AND SENDING FORTH THOUGHTFUL LEADERS, SHARPENED AND SENSITIZED BY THE LIBERAL ARTS, WHO ARE COMMITTED TO SERVE AND TO TRANSFORM THE WORLD.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$66,273,740	ExpenseAmt
Grant	$34,163,685	GrantAmt
Revenue	$91,654,234	RevenueAmt
Desc	INSTRUCTION: THE COLLEGE OF ST. SCHOLASTICA PREPARES ITS STUDENTS FOR A LIFE OF PURPOSE BY EMPHASIZING CORE VALUES OF THE CATHOLIC BENEDICTINE TRADITION, INCLUDING HOSPITALITY, THE LOVE OF LEARNING, RESPECT, COMMUNITY AND STEWARDSHIP. LEARNING HERE ENTAILS A COMMITMENT TO MEETING RIGOROUS ACADEMIC STANDARDS, BROADENING THE SCOPE OF ONE'S VISION AND BECOMING ACCOUNTABLE TO BOTH SELF AND SOCIETY. ST. SCHOLASTICA OFFERS 40 MAJORS AND 29 MINORS. THE COLLEGE ALSO OFFERS ADVANCED DEGREES, CERTIFICATES, AND LICENSURES IN 19 DIFFERENT AREAS. THE MAIN CAMPUS IS IN DULUTH, MINNESOTA, WITH ADDITIONAL IN-STATE CAMPUSES IN ST. PAUL, ST. CLOUD, BRAINERD, ROCHESTER, INVER GROVE HEIGHTS, GRAND RAPIDS, CLOQUET AND A CAMPUS IN SURPRISE, AZ. IN ADDITION TO GRADUATE AND EXTENDED SITES, THE COLLEGE OFFERS ONLINE PROGRAMS. THE COLLEGE'S ENROLLMENT FOR FALL 2014-15 WAS 4,237. THE COLLEGE GRADUATED 1,485 STUDENTS DURING THE 2014-15 ACADEMIC YEAR.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$21,981,774	ExpenseAmt
Grant	$1,479,494	GrantAmt
Revenue	$313,530	RevenueAmt
Desc	STUDENT & ADMINISTRATIVE SERVICES: THE STUDENT EXPERIENCE IS CRITICAL TO THE COLLEGE OF ST. SCHOLASTICA'S MISSION. THE COLLEGE PROVIDES LIBRARY SERVICES, COMPUTER LABS, ACADEMIC AND PERSONAL ADVISEMENT AND COUNSELING, TUTORING AND GRADUATE SCHOOL PREPARATION TO ENHANCE ITS EDUCATIONAL PROGRAMS. SUPPORT IS OFFERED FOR ADMISSIONS, REGISTRATION, FINANCIAL AID AND SPECIALIZED SERVICES TO ENRICH DIVERSITY WITHIN THE COLLEGE. STUDENT ACTIVITIES ARE A WAY FOR STUDENTS TO CONNECT WITH OTHER STUDENTS WITH SIMILAR VIEWS, ASPIRATIONS AND CONCERNS, AND THEN PROVIDE A FRAMEWORK FOR THOSE STUDENTS TO WORK TOGETHER FOR A COMMON GOAL. A VARIETY OF CAMPUS ORGANIZATIONS, CLUBS, AND LEADERSHIP OPPORTUNITIES PROVIDE STUDENTS WITH MANY AVENUES FOR PERSONAL, VOCATIONAL AND SOCIAL GROWTH. THE ATHLETICS DEPARTMENT OFFERS 20 MEN'S AND WOMEN'S PROGRAMS CONSISTENT WITH THE MISSION STATEMENT OF THE COLLEGE AND THE NCAA DIVISION III PHILOSOPHY. FIVE-HUNDRED-FIFTY-ONE STUDENTS PARTICIPATE IN THESE PROGRAMS. ALL STUDENTS MAY PARTICIPATE IN A WIDE VARIETY OF INTRAMURAL ACTIVITIES AS WELL AS GENERAL USE OF THE COLLEGE'S RECREATIONAL FACILITY, THE BURNS COMMONS WELLNESS CENTER.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$7,463,784	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$8,439,616	RevenueAmt
Desc	AUXILIARY OPERATIONS: ST. SCHOLASTICA OFFERS ITS STUDENTS HOUSING, FOOD AND HEALTH SERVICES. HOUSING CONSISTS OF A RESIDENCE HALL AND SUITES AND EIGHT APARTMENT COMPLEXES WITH A CAPACITY OF 1,009 BEDS. OVER ONE-HALF OF THE COLLEGE'S FULL-TIME UNDERGRADUATE TRADITIONAL AGED STUDENTS RESIDE ON CAMPUS. FOR 2014-15, OCCUPANCY WAS 1,012 AND 938 STUDENTS FOR FALL AND SPRING SEMESTERS, RESPECTIVELY.ST. SCHOLASTICA UTILIZES ARAMARK CAMPUS DINING TO PROVIDE QUALITY NUTRITIOUS FOODS AT MULTIPLE CAMPUS LOCATIONS. TOGETHER WE ARE COMMITTED TO SUSTAINABLE PRACTICES AND SUPPORTING STUDENT'S HEALTH AND WELLBEING. ALL STUDENTS RESIDING IN THE RESIDENCE HALL ARE REQUIRED TO PURCHASE A MEAL PLAN. OPTIONAL MEAL PLANS ARE AVAILABLE FOR OTHER RESIDENTIAL AND COMMUTER STUDENTS. FOR 2014-15, 1,010 STUDENTS OBTAINED MEAL PLANS. THE PHYSICAL AND EMOTIONAL WELL-BEING OF ALL STUDENTS IS ESSENTIAL FOR ACADEMIC SUCCESS. STUDENT HEALTH SERVICES PROVIDES ONSITE ACCESS TO MEDICAL PROFESSIONALS. OUR PROFESSIONAL STAFF OFFERS STUDENTS CONFIDENTIAL SERVICES IN TREATING PHYSICAL AND MENTAL HEALTH CONCERNS THAT COMMONLY OCCUR WITHIN THE COLLEGE POPULATION.A CAMPUS CONVENIENCE STORE SERVES STUDENTS, FACULTY, STAFF, ALUMNI AND MEMBERS OF THE SURROUNDING COMMUNITY WITH A SELECTION OF COLLEGIATE CLOTHING, GIFTS AND GENERAL MERCHANDISE.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$593,553	ExpenseAmt
Grant	$59,322	GrantAmt
Revenue	$397,461	RevenueAmt
Desc	OTHER PROGRAM SERVICES INCLUDE: CENTER FOR HEALTH CARE & INNOVATION, PERFORMING ARTS, AND COMMUNITY EDUCATIONAL SERVICES.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$593,553	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$59,322	TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue	$397,461	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$96,312,851	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	Yes (1)	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	Yes (1)	ConservationEasementsInd
Collections Of Art	Yes (1)	CollectionsOfArtInd
Credit Counseling	Yes (1)	CreditCounselingInd
Temp Or Permanent Endowments	Yes (1)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	Yes (1)	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (1)	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	Yes (1)	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	239	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	2048	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	Yes (1)	ForeignFinancialAccountInd
Foreign Country	CJ	ForeignCountryCd
Foreign Country	EI	ForeignCountryCd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	25	GoverningBodyVotingMembersCnt
Independent Voting Member	24	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	Yes (1)	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MN	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DR GEORGE GOODWIN	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2187236000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1200 KENWOOD AVENUE	AddressLine1Txt
City	DULUTH	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	558114199	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (38 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
DR GEORGE GOODWIN
PRESIDENT	40.00	Yes (X)	Yes (X)	$370,362	$0	$53,340
MARY IVES
CHAIR	1.00	Yes (X)	Yes (X)	$0	$0	$0
CHRISTOPHER DOLAN
VICE-CHAIR	1.00	Yes (X)	Yes (X)	$0	$0	$0
ABBOTT APTER
TRUSTEE	1.00	Yes (X)		$0	$0	$0
PATRICIA BOWER-JERNIGAN
TRUSTEE	1.00	Yes (X)		$0	$0	$0
DANIEL CLAY
TRUSTEE	1.00	Yes (X)		$0	$0	$0
ED CRAWFORD
TRUSTEE	1.00	Yes (X)		$0	$0	$0
MARY SUSAN DEWITT OSB
TRUSTEE	1.00	Yes (X)		$0	$0	$0
JESSICA DURBIN
TRUSTEE	1.00	Yes (X)		$0	$0	$0
LOIS ECKES PRIORESS OSB
TRUSTEE	1.00	Yes (X)		$0	$0	$0
KATHLEEN HOFER OSB
TRUSTEE - THROUGH 8/31/14	1.00	Yes (X)		$0	$0	$0
MATHEW JOHNSON
TRUSTEE	1.00	Yes (X)		$0	$0	$0
BETH HAENKE JUST
TRUSTEE	1.00	Yes (X)		$0	$0	$0
DAVID KUEFLER
TRUSTEE - THROUGH 2/6/15	1.00	Yes (X)		$0	$0	$0
JEAN ANN MAHER OSB
TRUSTEE	1.00	Yes (X)		$0	$0	$0
MELANIE MOGG
TRUSTEE	1.00	Yes (X)		$0	$0	$0
MICHAEL O'KEEFE
TRUSTEE	1.00	Yes (X)		$0	$0	$0
VINCENT OHAJU
TRUSTEE	1.00	Yes (X)		$0	$0	$0
KELLY PALMER
TRUSTEE	1.00	Yes (X)		$0	$0	$0
PAUL PUERZER
TRUSTEE	1.00	Yes (X)		$0	$0	$0
ROBERT SCHROEDER
TRUSTEE	1.00	Yes (X)		$0	$0	$0
DOUG SHUR
TRUSTEE	1.00	Yes (X)		$0	$0	$0
JACQULIN SEBASTIAN
TRUSTEE	1.00	Yes (X)		$0	$0	$0
DAN SEELER
TRUSTEE	1.00	Yes (X)		$0	$0	$0
MARY CATHERINE SHAMBOUR OSB
TRUSTEE	1.00	Yes (X)		$0	$0	$0
M SARAH SMEDMAN OSB
TRUSTEE	1.00	Yes (X)		$0	$0	$0
DAVID SPARBY
TRUSTEE	1.00	Yes (X)		$0	$0	$0
MARCY STEINKE
TRUSTEE	1.00	Yes (X)		$0	$0	$0
LOUISE TOWN
TRUSTEE	1.00	Yes (X)		$0	$0	$0
ELIZABETH DOMHOLDT
VP FOR ACADEMIC AFFAIRS & SECRETARY	40.00		Yes (X)	$183,119	$0	$32,323
PATRICK FLATTERY
VP FOR FINANCE	40.00		Yes (X)	$240,145	$0	$62,298
SUSAN KERRY
VP FOR FINANCE & TREASURER	40.00		Yes (X)	$0	$0	$0
DON WORTHAM
VP FOR STRATEGIC INITIATIVES	40.00			$151,192	$0	$40,427	Yes (X)
GERALD CIZADLO
PROFESSOR, BIOLOGY	40.00			$245,846	$0	$16,375		Yes (X)
JEAN ANDERSON
DIRECTOR OF FOOD SERVICE	40.00			$192,170	$0	$6,828		Yes (X)
JOHN LABOSKY
VP OF COLLEGE ADVANCEMENT	40.00			$157,730	$0	$29,101		Yes (X)
STEVE LYONS
VP FOR STUDENT AFFAIRS	40.00			$129,674	$0	$53,882		Yes (X)
PATRICIA PRATT-COOK
VP FOR HUMAN RESOURCES	40.00			$151,293	$0	$29,779		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,821,531	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$324,353	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	23	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
ARAMARK CORPORATION
PO BOX 840706	DALLAS	TX	752840706	FOOD SERVICE	$1,777,737
DONALD HOLM CONSTRUCTION CO INC
3211 WEST 3RD STREET	DULUTH	MN	55806	CONSTRUCTION	$466,251
BLACKBOARD INC
LOCK BOX 285	MILWAUKEE	WI	532880285	SOFTWARE	$381,619
OSCAR J BOLDT CONSTRUCTION CO
PO BOX 200154	PITTSBURGH	PA	15251	CONSTRUCTION	$313,729
ROYALL & COMPANY
1920 EAST PARHAM ROAD	RICHMOND	VA	23228	MARKETING	$269,973

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	22	CntrctRcvdGreaterThan100KCnt
Government Grants	$4,998,358	GovernmentGrantsAmt
All Other Contributions	$5,050,885	AllOtherContributionsAmt
Noncash Contributions	$1,505,132	NoncashContributionsAmt
Total Contributions	$10,049,243	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION/FEES	900099	$91,654,234	$91,654,234
AUXILIARY ENTERPRISES	900099	$8,439,616	$8,439,616
SALES/SVCS EDUC ACT	541900	$239,139	$224,555	$14,584
CONFERENCES/SPEC EVENTS	900099	$101,342	$11,258	$90,084

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$370,510	TotalRevenueColumnAmt
Related Or Exempt Func Income	$370,510	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$100,804,841	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,877,571	TotalRevenueColumnAmt
Exclusion	$1,877,571	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$53,283,159	SecuritiesAmt
Other	$202,801	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$43,393,005	SecuritiesAmt
Other	$208,420	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$9,890,154	SecuritiesAmt
Other	-$5,619	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$9,884,535	TotalRevenueColumnAmt
Exclusion	$9,884,535	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PARKING	812930	$329,758	$329,758
INDIRECT COST RECOVERY	561000	$149,437		$149,437
STUDENT LATE PMT FEES	900099	$140,423	$140,423

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$383,544	TotalRevenueColumnAmt
Related Or Exempt Func Income	$351,827	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$31,717	UnrelatedBusinessRevenueAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$1,003,162	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$123,619,352	TotalRevenueColumnAmt
Related Or Exempt Func Income	$101,201,437	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$136,385	UnrelatedBusinessRevenueAmt
Exclusion	$12,232,287	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$1,897,129	TotalAmt
Program Services	$1,897,129	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$33,805,371	TotalAmt
Program Services	$33,805,371	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,064,975	TotalAmt
Program Services	$550,596	ProgramServicesAmt
Management And General	$409,643	ManagementAndGeneralAmt
Fundraising	$104,736	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$35,761,059	TotalAmt
Program Services	$30,555,529	ProgramServicesAmt
Management And General	$4,410,842	ManagementAndGeneralAmt
Fundraising	$794,688	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$2,222,896	TotalAmt
Program Services	$1,899,321	ProgramServicesAmt
Management And General	$274,177	ManagementAndGeneralAmt
Fundraising	$49,398	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$5,011,166	TotalAmt
Program Services	$4,281,720	ProgramServicesAmt
Management And General	$618,087	ManagementAndGeneralAmt
Fundraising	$111,359	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$2,886,662	TotalAmt
Program Services	$2,466,467	ProgramServicesAmt
Management And General	$356,047	ManagementAndGeneralAmt
Fundraising	$64,148	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$1,680,434	TotalAmt
Management And General	$1,680,434	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$58,677	TotalAmt
Management And General	$58,677	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$118,860	TotalAmt
Management And General	$118,860	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$117,377	TotalAmt
Fundraising	$117,377	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$183,576	TotalAmt
Management And General	$183,576	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$2,528,893	TotalAmt
Program Services	$2,160,777	ProgramServicesAmt
Management And General	$311,919	ManagementAndGeneralAmt
Fundraising	$56,197	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,839,507	TotalAmt
Program Services	$1,571,740	ProgramServicesAmt
Management And General	$226,889	ManagementAndGeneralAmt
Fundraising	$40,878	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$783,663	TotalAmt
Program Services	$669,589	ProgramServicesAmt
Management And General	$96,659	ManagementAndGeneralAmt
Fundraising	$17,415	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$1,557,794	TotalAmt
Program Services	$1,331,034	ProgramServicesAmt
Management And General	$192,142	ManagementAndGeneralAmt
Fundraising	$34,618	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$35,910	TotalAmt
Program Services	$30,683	ProgramServicesAmt
Management And General	$4,429	ManagementAndGeneralAmt
Fundraising	$798	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$2,530,575	TotalAmt
Program Services	$2,162,214	ProgramServicesAmt
Management And General	$312,126	ManagementAndGeneralAmt
Fundraising	$56,235	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$2,228,077	TotalAmt
Program Services	$1,903,748	ProgramServicesAmt
Management And General	$274,816	ManagementAndGeneralAmt
Fundraising	$49,513	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$155,604	TotalAmt
Program Services	$132,954	ProgramServicesAmt
Management And General	$19,192	ManagementAndGeneralAmt
Fundraising	$3,458	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,390,379	TotalAmt
Program Services	$2,390,379	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$3,740,628	TotalAmt
Program Services	$3,740,628	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$279,338	TotalAmt
Program Services	$238,677	ProgramServicesAmt
Management And General	$34,454	ManagementAndGeneralAmt
Fundraising	$6,207	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
OTHER SUPPLIES	$2,989,614	$2,554,433	$368,745	$66,436
ATHLETICS/EC ACTIVITIES	$954,367	$815,445	$117,714	$21,208
INSTITUTIONAL SUPPORT	$556,746	$475,704	$68,670	$12,372
BAD DEBT EXPENSE	$144,078	$144,078

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$662,714	TotalAmt
Program Services	$534,635	ProgramServicesAmt
Management And General	$96,220	ManagementAndGeneralAmt
Fundraising	$31,859	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$108,186,069	TotalAmt
Program Services	$96,312,851	ProgramServicesAmt
Management And General	$10,234,318	ManagementAndGeneralAmt
Fundraising	$1,638,900	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$330,980	BOYAmt
EOY	$301,392	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$5,923,407	BOYAmt
EOY	$7,200,197	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$919,558	BOYAmt
EOY	$2,043,593	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,543,981	BOYAmt
EOY	$2,946,224	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$3,813,527	BOYAmt
EOY	$3,626,421	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$123,605	BOYAmt
EOY	$116,763	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,440,973	BOYAmt
EOY	$1,448,212	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$123,115,582	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$46,314,618	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$72,248,454	BOYAmt
EOY	$76,800,964	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$65,788,204	BOYAmt
EOY	$64,723,923	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$1,716,756	BOYAmt
EOY	$5,099,131	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$105,575	BOYAmt
EOY	$51,160	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$4,482,071	BOYAmt
EOY	$4,437,329	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$159,437,091	BOYAmt
EOY	$168,795,309	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$7,868,157	BOYAmt
EOY	$7,477,542	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$3,640,147	BOYAmt
EOY	$3,551,640	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$4,907,614	BOYAmt
EOY	$7,378,845	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$47,440,832	BOYAmt
EOY	$46,514,644	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$244,524	BOYAmt
EOY	$176,838	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$2,600,000	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$698,231	BOYAmt
EOY	$619,258	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,424,146	BOYAmt
EOY	$2,095,660	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$67,223,651	BOYAmt
EOY	$70,414,427	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$64,479,923	BOYAmt
EOY	$68,590,469	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$10,234,494	BOYAmt
EOY	$12,033,896	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$17,499,023	BOYAmt
EOY	$17,756,517	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$92,213,440	BOYAmt
EOY	$98,380,882	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$159,437,091	BOYAmt
EOY	$168,795,309	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$15,433,283	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$9,255,881	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$9,960	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Political Expenditures	$0	PoliticalExpendituresAmt
Volunteer Hours	0	VolunteerHoursCnt
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Volunteers	Yes (1)	VolunteersInd
Paid Staff Or Management	Yes (1)	PaidStaffOrManagementInd
Media Advertisements	0	MediaAdvertisementsInd
Mailings Members	Yes (1)	MailingsMembersInd
Mailings Members	$2,139	MailingsMembersAmt
Publications Or Broadcast	Yes (1)	PublicationsOrBroadcastInd
Publications Or Broadcast	$50	PublicationsOrBroadcastAmt
Grants Other Organizations	0	GrantsOtherOrganizationsInd
Direct Contact Legislators	Yes (1)	DirectContactLegislatorsInd
Direct Contact Legislators	$6,240	DirectContactLegislatorsAmt
Rallies Demonstrations	0	RalliesDemonstrationsInd
Other Activities	Yes (1)	OtherActivitiesInd
Other Activities	$115,091	OtherActivitiesAmt
Total Lobbying Expenditures	$123,520	TotalLobbyingExpendituresAmt
Not Described Section501c3	0	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART II-B, LINE 1:	FormAndLineReferenceDesc
Explanation	LOBBYING ACTIVITIES PERFORMED BY THE COLLEGE PRESIDENT, DEAN OF THE SCHOOL OF NURSING AND COLLEGE ADVANCEMENT ARE LIMITED TO PROCURING FUNDING RELATING TO OUR STUDENT FINANCIAL AID AND SUPPORT FOR FEDERAL AND STATE GRANTS AND INITIATIVES RELATING TO OUR ACADEMIC PURPOSE AND MISSION. LOBBYING ACTIVITIES INCLUDE WRITING LETTERS TO AND HOLDING MEETINGS WITH GOVERNMENT OFFICIALS. IN ADDITION, THE COLLEGE SENT A DELEGATION OF 33 PEOPLE TO THE STATE CAPITOL IN ST. PAUL ON FEBRUARY 25, 2015 FOR DAY AT THE CAPITOL SPONSORED BY THE MINNESOTA PRIVATE COLLEGE COUNCIL. STUDENTS MET WITH THEIR LEGISLATORS TO COMMUNICATE THE IMPORTANCE OF THE MINNESOTA STATE GRANT PROGRAM, WHICH PROVIDES FINANCIAL AID TO ONE OF EVERY THREE UNDERGRADUATES AT THE COLLEGE, COSTS INCURRED BY THE COLLEGE TO SUPPORT THIS PROGRAM ARE DE MINIMIS. THE COLLEGE OF ST. SCHOLASTICA, INC. IS A MEMBER OF THE MINNESOTA PRIVATE COLLEGE COUNCIL (MPCC), A 501(C)(4) ORGANIZATION. MPCC PROVIDES NONPARTISAN AND NON-ELECTORAL ADVOCACY FOR PUBLIC POLICY THAT MEETS STUDENTS' NEEDS AND ADVANCES THE INTERESTS OF PRIVATE HIGHER EDUCATION. MPCC DIVIDED ITS EXPENSES, 70.33% MAY HAVE RELATED TO LOBBYING ACTIVITIES. DUES PAID BY THE COLLEGE TO MPCC WERE ALLOCATED USING THEIR ALLOCATION. SIMILARLY 7% OF NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU) DUES WERE ALLOCATED TO LOBBYING.	ExplanationTxt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Protection Natural Habitat	Yes (X)	ProtectionNaturalHabitatInd
Total Easements	1	TotalEasementsCnt
Total Acreage	1.55	TotalAcreageCnt
Historic Structure Easements	0	HistoricStructureEasementsCnt
Historic Strctr Easements Aftr	0	HistoricStrctrEasementsAftrCnt
Modified Easements	0	ModifiedEasementsCnt
States Easements Held	1	StatesEasementsHeldCnt
Written Policy Monitoring	0	WrittenPolicyMonitoringInd
Staff Hours Spent Enforcement	0.00	StaffHoursSpentEnforcementCnt
Expenses Incurred Enforcement	$0	ExpensesIncurredEnforcementAmt

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Revenues Included	$0	RevenuesIncludedAmt
Assets Included	$79,210	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Solicited Assets Sale	0	SolicitedAssetsSaleInd
Agent Trustee Etc	0	AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab	Yes (1)	InclEscrowCustodialAcctLiabInd
Explanation Provided	Yes (X)	ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$65,929,156	BeginningYearBalanceAmt
Contributions	$1,673,942	ContributionsAmt
Investment Earnings Or Losses	$2,448,493	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$428,700	GrantsOrScholarshipsAmt
Other Expenditures	$1,525,225	OtherExpendituresAmt
Administrative Expenses	$183,576	AdministrativeExpensesAmt
End Year Balance	$67,914,090	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$53,339,888	BeginningYearBalanceAmt
Contributions	$4,043,844	ContributionsAmt
Investment Earnings Or Losses	$10,491,910	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$384,200	GrantsOrScholarshipsAmt
Other Expenditures	$1,396,150	OtherExpendituresAmt
Administrative Expenses	$166,136	AdministrativeExpensesAmt
End Year Balance	$65,929,156	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$47,873,743	BeginningYearBalanceAmt
Contributions	$3,063,340	ContributionsAmt
Investment Earnings Or Losses	$4,162,601	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$323,400	GrantsOrScholarshipsAmt
Other Expenditures	$1,259,350	OtherExpendituresAmt
Administrative Expenses	$177,046	AdministrativeExpensesAmt
End Year Balance	$53,339,888	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$42,243,873	BeginningYearBalanceAmt
Contributions	$3,051,108	ContributionsAmt
Investment Earnings Or Losses	-$1,263,635	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$332,650	GrantsOrScholarshipsAmt
Other Expenditures	$696,350	OtherExpendituresAmt
Administrative Expenses	$128,603	AdministrativeExpensesAmt
End Year Balance	$47,873,743	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$22,974,573	BeginningYearBalanceAmt
Contributions	$20,286,753	ContributionsAmt
Investment Earnings Or Losses	$4,857,456	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$303,400	GrantsOrScholarshipsAmt
Other Expenditures	$470,950	OtherExpendituresAmt
Administrative Expenses	$100,558	AdministrativeExpensesAmt
End Year Balance	$42,243,873	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.60380	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.26080	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.13540	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,309,700	OtherCostOrOtherBasisAmt
Book Value	$4,309,700	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$99,746,206	OtherCostOrOtherBasisAmt
Depreciation	$31,883,897	DepreciationAmt
Book Value	$67,862,309	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$328,232	OtherCostOrOtherBasisAmt
Depreciation	$206,218	DepreciationAmt
Book Value	$122,014	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$18,413,743	OtherCostOrOtherBasisAmt
Depreciation	$14,111,415	DepreciationAmt
Book Value	$4,302,328	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$317,701	OtherCostOrOtherBasisAmt
Depreciation	$113,088	DepreciationAmt
Book Value	$204,613	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$76,800,964	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
ASSET RETIREMENT OBLIGATION	$1,181,720
DEPOSIT ACCOUNTS	$650,278
ANNUITIES PAYABLE	$263,662

Field	Value	IRS element (for citing)
Total Liability	$2,095,660	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$80,794,737	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$9,255,881	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$53,604	DonatedServicesAndUseFcltsAmt
Other Revenue	-$127,337	OtherRevenueAmt
Revenue Not Reported	-$9,329,614	RevenueNotReportedAmt
Revenue Subtotal	$90,124,351	RevenueSubtotalAmt
Investment Expenses Not Incld	$183,576	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$33,311,425	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$33,495,001	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$123,619,352	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$74,627,295	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$53,604	DonatedServicesUseFcltsAmt
Other Expenses Included	-$111,758	OtherExpensesIncludedAmt
Expenses Not Reported	-$58,154	ExpensesNotReportedAmt
Expenses Subtotal	$74,685,449	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$183,576	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$33,317,044	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$33,500,620	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$108,186,069	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART II, LINE 9:	THERE ARE NO REVENUES ASSOCIATED WITH THIS EASEMENT. EXPENSES FOR MONITORING FLOW THROUGH THE COLLEGE'S OPERATION & MAINTENANCE ACCOUNT. LAND FALLING UNDER THE EASEMENT IS INCLUDED UNDER "LAND" IN THE COLLEGE'S BALANCE SHEET. THERE IS NO FOOTNOTE RELATING TO THE EASEMENT IN THE COLLEGE'S FINANCIAL STATEMENTS.
PART III, LINE 4:	THE COLLEGE'S COLLECTION (ART) CONSISTS PRIMARILY OF PICTURES AND STATUES REFLECTING OUR BENEDICTINE HERITAGE; ARTWORK CONTRIBUTES TO THIS HERITAGE VIA PUBLIC DISPLAY IN CAMPUS BUILDINGS.
PART IV, LINE 2B:	THE ESCROW AMOUNT REPRESENTS FUNDS HELD BY THE COLLEGE FOR STUDENT CLUBS AND ORGANIZATIONS (I.E., COLLEGE STUDENT NEWSPAPER, STUDENT SENATE, ETC.). REPRESENTATIVES OF THESE STUDENT ORGANIZATIONS ARE ABLE TO MAKE WITHDRAWALS FROM THESE FUNDS AFTER PROVIDING SUPPORTING DOCUMENTATION FOR WITHDRAWALS.
PART V, LINE 4:	INCOME FROM ENDOWMENT FUNDS ARE USED (PER THE COLLEGE'S SPENDING POLICY AS DETERMINED BY THE COLLEGE'S INVESTMENT COMMITTEE) FOR STUDENT SCHOLARSHIPS AND DEPARTMENTAL EXPENDITURES.
PART X, LINE 2:	THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS ALSO EXEMPT FROM STATE INCOME TAX. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE COLLEGE FOLLOWS 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 COLLEGE'S FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	ACTUARIAL ADJUSTMENT -127,337.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	TUITION DISCOUNTS 33,317,044. LOSS ON DISPOSAL OF FIXED ASSETS -5,619.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	FUNDRAISING EXPENSES NETTED AGAINST FUNDRAISING INCOME -117,377. LOSS ON DISPOSAL OF FIXED ASSETS 5,619.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	TUITION DISCOUNTS 33,317,044.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE E, PART I, LINE 3

THE COLLEGE FOLLOWS A NONDISCRIMINATION POLICY REGARDING ALL PROGRAMS. ENROLLMENT OF STUDENTS IS WITHOUT DISCRIMINATION AS TO RACE, COLOR, GENDER, NATIONAL ORIGIN, AND SEXUAL ORIENTATION AND IS PUBLISHED IN THE COLLEGE'S CATALOG AND RECRUITING INFORMATION. RECRUITMENT PROCEDURES ARE DESIGNED AND CARRIED OUT TO REACH ALL RACIAL SEGMENTS IN THE GEOGRAPHICAL AREA SERVED (PRIMARILY UPPER U.S. MIDWEST).

SCHEDULE E, PART I, LINE 6

THE COLLEGE RECEIVES FINANCIAL ASSISTANCE FROM THE U.S. GOVERNMENT IN CONNECTION WITH VARIOUS PROGRAMS SUCH AS THE PERKINS STUDENT LOAN PROGRAM, FEDERAL COLLEGE WORK-STUDY PROGRAM, AND SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM. STUDENTS ATTENDING THE COLLEGE ALSO RECEIVE FINANCIAL ASSISTANCE FROM THE STATE OF MINNESOTA. THE COLLEGE ALSO RECEIVES FEDERAL AND STATE ASSISTANCE FOR GRANT RELATED PROGRAMS.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (8 entries)

RegionRegionTxt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARIBBEAN	5	PROGRAM SERVICES	INTERNATIONAL STUDENT RECRUITMENT, STUDY ABROAD	$74,899
EUROPE (INCLUDING ICELAND & GREENLAND)	6	PROGRAM SERVICES	INTERNATIONAL STUDENT RECRUITMENT, STUDY ABROAD	$217,007
NORTH AMERICA	11	PROGRAM SERVICES	INTERNATIONAL STUDENT RECRUITMENT, STUDY ABROAD	$92,725
EAST ASIA AND THE PACIFIC	5	PROGRAM SERVICES	INTERNATIONAL STUDENT RECRUITMENT, STUDY ABROAD	$148,629
SOUTH AMERICA	1	PROGRAM SERVICES	INTERNATIONAL STUDENT RECRUITMENT, STUDY ABROAD	$70,064
MIDDLE EAST AND NORTH AFRICA	2	PROGRAM SERVICES	INTERNATIONAL STUDENT RECRUITMENT, STUDY ABROAD	$80,316
CENTRAL AMERICA AND THE CARIBBEAN	0	INVESTMENTS	N/A	$1,003,177
EUROPE (INCLUDING ICELAND & GREENLAND)	0	INVESTMENTS	N/A	$216,649

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	30	SubtotalEmployeesCnt
Continutation Total Office	0	ContinutationTotalOfficeCnt
Continutation Total Employee	0	ContinutationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	30	TotalEmployeeCnt
Subtotal Spent	$1,903,466	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$1,903,466	TotalSpentAmt
Transfer To Foreign Corp	0	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	0	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	0	PassiveForeignInvestmestCoInd
Foreign Partnership	0	ForeignPartnershipInd
Boycott Countries	0	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 3:	FormAndLineReferenceDesc
Explanation	ACCRUAL	ExplanationTxt

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	Yes (X)	MailSolicitationsInd
Email Solicitations	Yes (X)	EmailSolicitationsInd
Phone Solicitations	Yes (X)	PhoneSolicitationsInd
In Person Solicitations	Yes (X)	InPersonSolicitationsInd
Solicitation Of Non Govt Grants	Yes (X)	SolicitationOfNonGovtGrantsInd
Solicitation Of Govt Grants	Yes (X)	SolicitationOfGovtGrantsInd
Special Fundraising Events	Yes (X)	SpecialFundraisingEventsInd
Agrmt Prof Fundraising Acty	Yes (1)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	ActivityActivityTxt	Fundraiser Control Of FundsFundraiserControlOfFundsInd	Gross ReceiptsGrossReceiptsAmt	Retained By ContractorRetainedByContractorAmt	Net To OrganizationNetToOrganizationAmt
DATA STRATEGY CORPORATION
1907 EAST WAYZATA BLVD 170	WAYZATA	MN	55391	ANNUAL FUND COMMUNICATION	0	$62,878	$57,816	$5,062
DONALD A CAMPBELL & COMPANY
ONE EAST WACKER DRIVE	CHICAGO	IL	60601	PHILANTHROPIC MARKET STUDY - CONSULTING	0	$0	$59,561	-$59,561

Field	Value	IRS element (for citing)
Total Gross Receipts	$62,878	TotalGrossReceiptsAmt
Total Retained By Contractors	$117,377	TotalRetainedByContractorsAmt
Total Net To Organization	-$54,499	TotalNetToOrganizationAmt
Licensed States	MN	LicensedStatesCd

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (27 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc	Purpose Of GrantPurposeOfGrantTxt
AFFILIATED COMMUNITY MEDICAL CENTER
101 WILLMAR AVENUE SW	WILLMAR	MN	58201	410850702	501(C)(3)	$42,101	N/A	N/A	SEE PART IV
ALLINA HEALTH SYSTEM
PO BOX 1583	MINNEAPOLIS	MN	55440	363261413	501(C)(3)	$103,705	N/A	N/A	SEE PART IV
BUFFALO CLINIC PA
1700 HIGHWAY 25 NORTH	BUFFALO	MN	55313	411227920	501(C)(3)	$24,359	N/A	N/A	SEE PART IV
CENTRACARE CLINIC
1200 SIXTH AVENUE N	ST CLOUD	MN	56303	411806657	501(C)(3)	$36,961	N/A	N/A	SEE PART IV
CENTRACARE HEALTH - PAYNESVILLE HOSPITAL
200 WEST FIRST STREET	PAYNESVILLE	MN	56362	416008752	501(C)(3)	$12,333	N/A	N/A	SEE PART IV
ESSENTIA HEALTH DULUTH CLINIC
502 EAST 2ND STREET	DULUTH	MN	55805	410883623	501(C)(3)	$309,190	N/A	N/A	SEE PART IV
ESSENTIA HEALTH
PO BOX 64618	ST PAUL	MN	55164	411878730	501(C)(3)	$130,060	N/A	N/A	SEE PART IV
FIRSTLIGHT HEALTH SYSTEM
301 SOUTH HIGHWAY 65	MORA	MN	55051	416005815	501(C)(3)	$40,532	N/A	N/A	SEE PART IV
FOND DU LAC HUMAN SRVS DIV
927 TRETTEL LANE	CLOQUET	MN	55720	410965719	501(C)(3)	$57,272	N/A	N/A	SEE PART IV
GATEWAY FAMILY HEALTH CLINIC LTD
4570 COUNTY HIGHWAY 61	MOOSE LAKE	MN	55767	411000577	501(C)(3)	$17,530	N/A	N/A	SEE PART IV
GRAND ITASCA CLINIC & HOSPITAL
111 SE 3RD STREET	GRAND RAPIDS	MN	55744	411865874	501(C)(3)	$70,393	N/A	N/A	SEE PART IV
HENNEPIN COUNTY MEDICAL CENTER
701 PARK AVENUE SOUTH	MINNEAPOLIS	MN	55415	416005801	501(C)(3)	$31,070	N/A	N/A	SEE PART IV
HUMAN DEVELOPMENT CENTER
1025 LONDOND ROAD SUITE 1	DULUTH	MN	55802	410777937	501(C)(3)	$23,824	N/A	N/A	SEE PART IV
LAKEWOOD HEALTH SYSTEM
401 PRAIRIE AVENUE NE	STAPLES	MN	56479	411842965	501(C)(3)	$26,607	N/A	N/A	SEE PART IV
MAYO CLINIC HEALTH SYSTEM
1000 FIRST DRIVE NW	AUSTIN	MN	55912	411404075	501(C)(3)	$104,727	N/A	N/A	SEE PART IV
NORTHERN PINES MENTAL HEALTH CENTER
520 5TH STREET NW	BRAINERD	MN	56401	410875464	501(C)(3)	$103,310	N/A	N/A	SEE PART IV
OLMSTED MEDICAL CENTER
1650 4TH STREET SE	ROCHESTER	MN	55904	410855367	501(C)(3)	$18,259	N/A	N/A	SEE PART IV
PARK NICOLLET CLINIC
5050 EXCELSIOR BOULEVARD	ST LOUIS PARK	MN	55416	410834920	501(C)(3)	$9,050	N/A	N/A	SEE PART IV
PERHAM HEALTH
1000 CONEY STREET WEST	PERHAM	MN	56573	411271856	501(C)(3)	$23,108	N/A	N/A	SEE PART IV
REGIONS HOSPITAL
640 JACKSON STREET	ST PAUL	MN	55101	410956618	501(C)(3)	$6,234	N/A	N/A	SEE PART IV
RIVERWOOD HEALTHCARE CTR
200 BUNKER HILL DRIVE	AITKIN	MN	56431	410745522	501(C)(3)	$39,577	N/A	N/A	SEE PART IV
SANFORD CLINIC NORTH
PO BOX 2158	FARGO	ND	58107	911770748	501(C)(3)	$22,584	N/A	N/A	SEE PART IV
SANFORD HEALTH NETWORK
PO BOX 5074	SIOUX FALLS	SD	57117	460388596	501(C)(3)	$6,248	N/A	N/A	SEE PART IV
ST CLOUD HOSPITAL
1406 6TH AVENUE NORTH	ST CLOUD	MN	56303	410695596	501(C)(3)	$68,803	N/A	N/A	SEE PART IV
ST CLOUD MEDICAL GROUP
251 COUNTY ROAD 120	ST CLOUD	MN	56303	410986131	501(C)(3)	$7,089	N/A	N/A	SEE PART IV
ST GABRIEL'S HOSPITAL
815 2ND STREET SOUTH EAST	LITTLE FALLS	MN	56345	410721642	501(C)(3)	$31,647	N/A	N/A	SEE PART IV
UNIVERSITY MEDICAL CENTER - MESABI
750 E 34TH STREET	HIBBING	MN	55746	411293970	501(C)(3)	$188,783	N/A	N/A	SEE PART IV

Field	Value	IRS element (for citing)
Total501c3 Org	27	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (6 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc
COLLEGE FUNDED INSTITUTIONAL AID TO STUDENTS	2467	$31,803,311	$0	N/A	N/A
ENDOWED SCHOLARSHIPS TO STUDENTS	208	$428,700	$0	N/A	N/A
FEDERAL GRANTS & SCHOLARSHIPS	333	$555,294	$0	N/A	N/A
STATE GRANTS & SCHOLARSHIPS	6	$15,573	$0	N/A	N/A
PRIVATE SCHOLARSHIPS	176	$514,166	$0	N/A	N/A
FEDERAL SCHOLARSHIP ALLOWANCE PROGRAMS	372	$488,327	$0	N/A	N/A

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART I, LINE 2:

ALL GRANT ACTIVITY IS REQUIRED TO MEET THE SPECIFIC STANDARDS AND STIPULATIONS OF THE GRANTOR AND OPERATE WITHIN THE ORGANIZATION'S POLICIES AND PROCEDURES. GRANT REVENUE AND EXPENDITURES ARE MONITORED AND FUNDS ARE DRAWN DOWN ON A MONTHLY BASIS. INTERNAL REPORTS AND AWARD LEVELS ARE REVIEWED PRIOR TO EACH DRAW TO DETERMINE IF CASH SHOULD BE DRAWN FOR INDIVIDUAL GRANTS. FINALLY, THE COLLEGE UNDERGOES AN ANNUAL AUDIT OF ITS FEDERAL AWARDS UNDER THE GUIDELINES OF OMB CIRCULAR A-133.

SCHEDULE I, PART II, COLUMN (H)

FUNDS RECEIVED FROM THE MINNESOTA DEPARTMENT OF HEALTH FROM LEGISLATION THAT CREATED THE MERC TRUST FUND (PMAP/PGAMC DISTRIBUTION) THAT PROVIDES REMUNERATION FOR THOSE FACILITIES THAT SERVED AS CLINICAL TRAINING SITES FOR THE COLLEGE'S NURSE PRACTITIONER AND CLINICAL NURSE SPECIALIST STUDENTS DURING THE 2012-2013 ACADEMIC YEAR. THE AMOUNTS PAID FROM THE FUNDS RECEIVED FROM THE MERC LEGISLATION TO EACH ORGANIZATION LISTED IN PART II IS BASED ON THE NUMBER OF STUDENTS THEY HAD AND THE LENGTH OF TIME THEY SPENT AT EACH RESPECTIVE FACILITY. TRAINING SITES MUST ALSO HAVE A CURRENT ACTIVE MEDICAL ASSISTANCE ENROLLMENT STATUS IN MINNESOTA.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Personal Services	Yes (X)	PersonalServicesInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (1)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DR GEORGE GOODWIN
PRESIDENT	$323,680	$0	$0	$0	$46,682	$0	$36,420	$0	$20,853	$0	$427,635	$0	$0	$0
ELIZABETH DOMHOLDT
VP FOR ACADEMIC AFFAIRS & SECRETARY	$170,163	$0	$0	$0	$12,956	$0	$26,191	$0	$7,335	$0	$216,645	$0	$0	$0
PATRICK FLATTERY
VP FOR FINANCE	$157,449	$0	$0	$0	$82,696	$0	$25,673	$0	$37,739	$0	$303,557	$0	$0	$0
DON WORTHAM
VP FOR STRATEGIC INITIATIVES	$139,726	$0	$0	$0	$11,466	$0	$23,183	$0	$18,306	$0	$192,681	$0	$0	$0
GERALD CIZADLO
PROFESSOR, BIOLOGY	$238,319	$0	$0	$0	$7,527	$0	$7,254	$0	$9,805	$0	$262,905	$0	$0	$0
JEAN ANDERSON
DIRECTOR OF FOOD SERVICE	$87,182	$0	$0	$0	$104,988	$0	$6,828	$0	$554	$0	$199,552	$0	$0	$0
JOHN LABOSKY
VP OF COLLEGE ADVANCEMENT	$149,995	$0	$0	$0	$7,735	$0	$12,181	$0	$17,978	$0	$187,889	$0	$0	$0
STEVE LYONS
VP FOR STUDENT AFFAIRS	$117,797	$0	$0	$0	$11,877	$0	$22,444	$0	$32,443	$0	$184,561	$0	$0	$0
PATRICIA PRATT-COOK
VP FOR HUMAN RESOURCES	$128,345	$0	$0	$0	$22,948	$0	$23,347	$0	$7,490	$0	$182,130	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 1A	HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - JOHN LABOSKY - TAXABLE COMPENSATION HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - DR. GEORGE GOODWIN - TAXABLE COMPENSATION PERSONAL SERVICES - DR. GEORGE GOODWIN - TAXABLE COMPENSATION
PART I, LINE 1B	THE COLLEGE HAS ESTABLISHED A WRITTEN POLICY REGARDING PAYMENT AND REIMBURSEMENT OF EXPENSES IN 2009. THERE IS A GENERAL UNDERSTANDING THAT FIRST-CLASS TRAVEL AND TRAVEL FOR COMPANIONS (NOT BONA FIDE BUSINESS PURPOSE) ARE NOT ALLOWED BY THE COLLEGE. ALL EMPLOYEES MUST SUBMIT TRAVEL/REIMBURSEMENT REPORTS FOR THEIR TRAVELING FOR THE COLLEGE - THESE ARE REVIEWED BY APPROPRIATE SCHOOL OFFICIALS FOR ACCURACY AND APPROPRIATE CHARGES. IN THE INSTANCES THE COLLEGE CHECKED ABOVE ON LINE 1A, SUCH ITEMS ARE "EXCEPTIONS" GRANTED AS PROVIDED IN THE INDIVIDUAL EMPLOYEE CONTRACTS. ALL OTHER EMPLOYEES WITHOUT THESE GRANTED PROVISIONS AS SPECIFIED IN A CONTRACT ARE SUBJECT TO THE WRITTEN POLICY ESTABLISHED BY THE COLLEGE IN 2009.
PART I, LINE 4A	JEAN ANDERSON - $42,864 SEVERANCE PATRICK FLATTERY - $30,169 SEVERANCE

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
MN HIGHER EDUCATION FACILITIES AUTHORITY
A	410988525	60416HLR3	2007-11-21	$8,105,168	EXPANSION OF FIELDHOUSE FACILITY	0	0	0
MN HIGHER EDUCATION FACILITIES AUTHORITY
B	410988525	60416HVG6	2010-10-26	$22,129,697	REFUNDING SERIES 6A & 5J/SCIENCE CENTER EXPANSION	0	0	0
MN HIGHER EDUCATION FACILITIES AUTHORITY
C	410988525	60416HWE0	2011-02-17	$10,171,848	SCIENCE CENTER EXPANSION	0	0	0
MN HIGHER EDUCATION FACILITIES AUTHORITY
D	410988525	60416HYU2	2012-10-17	$9,644,673	REFUNDING SERIES 5R	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Substantial CompletionSubstantialCompletionYr	Current RefundingCurrentRefundingInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	Capitalized InterestCapitalizedInterestAmt	Other Spent ProceedsOtherSpentProceedsAmt	Refunding EscrowRefundingEscrowAmt
A	$1,730,000	$8,105,168	$656,250	$119,980	$7,328,938	2008	0	Yes (1)	Yes (1)
B	$250,000	$22,129,697	$1,917,416	$127,647	$6,496,766	2012	Yes (1)	Yes (1)	Yes (1)	$659,536	$12,928,332
C		$10,171,848	$1,017,000	$59,495	$8,914,487	2012	0	Yes (1)	Yes (1)	$180,866
D	$570,000	$9,644,673	$849,504	$138,068		2012	Yes (1)	Yes (1)	Yes (1)			$8,657,101

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCd	Private Bus Concerning UBIPrivateBusConcerningUBIPct	Total Private Business UseTotalPrivateBusinessUsePct	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	0.00000	0.00000	Yes (1)
B	0.00000	0.00000	Yes (1)
C	0.02000	0.02000	Yes (1)
D	0.00000	0.00000	Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Term Of GICTermOfGICPct	Regulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd	Gross Proceeds InvestedGrossProceedsInvestedInd
CALYON
A	0	0	0	Yes (1)	0	0	Yes (1)	1.000000000000	Yes (1)	Yes (1)
(no name)
B	0	Yes (1)	0	0	0	0	0			Yes (1)	0
(no name)
C	0	Yes (1)	0	0	0	0	0			Yes (1)	0
(no name)
D	0	Yes (1)	0	0	0	0	0			Yes (1)	0

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (1)
B	Yes (1)
C	Yes (1)
D	Yes (1)

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	DATE REBATE COMPUTATION PERFORMED	FormAndLineReferenceDesc
Explanation	ISSUER NAME: MN HIGHER EDUCATION FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 11/01/2012	ExplanationTxt

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

Field	Value	IRS element (for citing)
Person	PATRICK FLATTERY	PersonNm
Relationship With Org	VICE PRESIDENT	RelationshipWithOrgTxt
Cash Grant	$17,731	CashGrantAmt
Type Of Assistance	TUITION REMISSION	TypeOfAssistanceTxt
Assistance Purpose	TO ASSIST WITH EDUCATIONAL EXPENSES	AssistancePurposeTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	12	ContributionCnt
Noncash Contributions Rpt F990	$505,132	NoncashContributionsRptF990Amt
Method Of Determining Revenues	STOCK MARKET QUOTES	MethodOfDeterminingRevenuesTxt

Real Estate Commercial RealEstateCommercialGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$1,000,000	NoncashContributionsRptF990Amt
Method Of Determining Revenues	APPRAISAL	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Form8283 Received	1	Form8283ReceivedCnt
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	0	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, COLUMN (B):	FormAndLineReferenceDesc
Explanation	THE COLLEGE REPORTS THE NUMBER OF CONTRIBUTORS ON PART 1, COLUMN B.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1	THE EXECUTIVE COMMITTEE HAS A TWOFOLD PURPOSE: 1) IT SERVES AT THE PLEASURE OF THE BOARD AS ITS AGENT IN HELPING THE PRESIDENT TO ADDRESS BUSINESS MATTERS BETWEEN REGULAR BOARD MEETINGS; AND 2) IT ASSISTS THE CHAIRPERSON AND THE PRESIDENT IN THEIR JOINT RESPONSIBILITY TO HELP THE BOARD TO FUNCTION EFFECTIVELY AND EFFICIENTLY BY SUGGESTING BOARD MEETING AGENDA ITEMS AND PERIODICALLY ASSESSING THE QUALITY OF COMMITTEE WORK. THE COMMITTEE HAS AUTHORITY TO ACT FOR THE BOARD OF TRUSTEES ON ALL MATTERS EXCEPT THE FOLLOWING, WHICH SHALL BE RESERVED FOR THE BOARD: PRESIDENTIAL SELECTION AND TERMINATION; TRUSTEE AND BOARD OFFICER SELECTION; CHANGES IN INSTITUTIONAL MISSION AND PURPOSES; CHANGES TO THE BYLAWS, CHARTER, OR ARTICLES OF INCORPORATION; INCURRING OF CORPORATE INDEBTEDNESS IN EXCESS OF $100,000; SALE OF COLLEGE ASSETS OR TANGIBLE PROPERTY VALUED GREATER THAN $250,000; ADOPTION OF THE ANNUAL BUDGET; AND CONFERRAL OF DEGREES. IN ADDITION TO ITS AUTHORITY TO TAKE ACTION ON BUSINESS MATTERS WHICH CANNOT BE DEFERRED UNTIL THE BOARD'S NEXT SCHEDULED MEETING, THE EXECUTIVE COMMITTEE OVERSEES THE WORK OF BOARD COMMITTEES, THE COLLEGE'S PLANNING PROCESS OR PROGRESS ON PLANNING GOALS, THE BOARD'S RESPONSIBILITY TO SUPPORT THE PRESIDENT AND ASSESS HIS OR HER PERFORMANCE, AND REVIEW ANNUALLY THE PRESIDENT'S COMPENSATION AND CONDITIONS OF EMPLOYMENT.
FORM 990, PART VI, SECTION A, LINE 4	DURING 2014, THE COLLEGE MADE THREE SIGNIFICANT CHANGES TO ITS BYLAWS AS FOLLOWS: 1. AT ALL TIMES, UP TO 25% BUT NOT FEWER THAN FOUR (4) OF THE VOTING TRUSTEES SHALL BE MEMBERS OF THE BENEDICTINE SISTERS BENEVOLENT ASSOCIATION AS APPOINTED BY THE PRIORESS. IN DETERMINING THE 25%, FRACTIONS WILL BE ROUNDED UP. 2. THE TREASURER SHALL NORMALLY BE THE VICE PRESIDENT FOR FINANCE OF THE COLLEGE. SO LONG AS THE TREASURER IS VICE PRESIDENT FOR FINANCE OF THE COLLEGE, THERE SHALL BE NO LIMIT ON THE TERM OF OFFICE. WHEN THE TREASURER IS A TRUSTEE OF THE COLLEGE, THE TERM OF OFFICE SHALL ORDINARILY NOT EXCEED FOUR CONSECUTIVE YEARS. 3. THE SECRETARY SHALL NORMALLY BE THE VICE PRESIDENT FOR ACADEMIC AFFAIRS OF THE COLLEGE. SO LONG AS THE SECRETARY IS VICE PRESIDENT FOR ACADEMIC AFFAIRS OF THE COLLEGE, THERE SHALL BE NO LIMIT ON THE TERM OF OFFICE. WHEN THE SECRETARY IS A TRUSTEE OF THE COLLEGE, THE TERM OF OFFICE SHALL ORDINARILY NOT EXCEED FOUR CONSECUTIVE YEARS.
FORM 990, PART VI, SECTION A, LINE 7A	THE PRESIDENT OF THE BENEDICTINE SISTERS BENEVOLENT ASSOCIATION AND THE PRESIDENT OF THE COLLEGE'S ALUMNI ASSOCIATION ARE VOTING MEMBERS OF THE BOARD OF TRUSTEES AND ARE ELECTED THROUGH THEIR RESPECTIVE ASSOCIATIONS.
FORM 990, PART VI, SECTION A, LINE 7B	AS SPONSOR OF THE COLLEGE, THE BENEDICTINE SISTERS BENEVOLENT ASSOCIATION HOLDS CERTAIN RESERVED POWERS, WHICH ARE EXERCISED BY ITS BOARD OF DIRECTORS. THE BENEDICTINE SISTERS BENEVOLENT ASSOCIATION RESERVES THE POWER TO WITHHOLD APPROVAL OF ANY ACTION OF THE BOARD OF TRUSTEES OF THE COLLEGE WHICH MAY, INTENTIONALLY OR UNINTENTIONALLY, CHANGE THE MISSION OR MISSION STATEMENT OF THE COLLEGE, ALTER THE REAL ESTATE HOLDINGS OF THE COLLEGE OR THOSE LANDS OR BUILDINGS LEASED TO THE COLLEGE BY THE BENEDICTINE SISTERS, CHANGE THE PROVISION IN ARTICLE IV, SECTION 1 WHICH REQUIRES UP TO 25%, BUT NOT FEWER THAN FOUR OF THE VOTING TRUSTEES TO BE MEMBERS OF THE BENEDICTINE SISTERS BENEVOLENT ASSOCIATION, OR WHICH MODIFIES ARTICLE XII, SECTION 6 OF THE BYLAWS. THE BENEDICTINE SISTERS BENEVOLENT ASSOCIATION ALSO RESERVES THE POWER TO WITHHOLD APPROVAL OF ANY MERGER, CONSOLIDATION OR LIQUIDATION INVOLVING THE COLLEGE.
FORM 990, PART VI, SECTION B, LINE 11	THE 2014 FORM 990 WAS PREPARED BY THE TAX COMPLIANCE COORDINATOR WITH SUBSEQUENT REVIEW BY THE ASSISTANT CONTROLLER, THE CONTROLLER, AND THE VICE PRESIDENT FOR FINANCE. THE COLLEGE'S INDEPENDENT AUDIT FIRM THEN REVIEWED THE FORM 990 DATA FOR ACCURACY AND COMPLIANCE WITH TAX LAW AND FORM INSTRUCTIONS. A DRAFT WAS PROVIDED TO THE COLLEGE'S BOARD OF TRUSTEES FOR REVIEW AND APPROVAL.
FORM 990, PART VI, SECTION B, LINE 12C	ALL TRUSTEES ARE REQUIRED TO DISCLOSE TO THE BOARD ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICAL TIME. TRUSTEES MAY NOT VOTE ON ANY MATTER UNDER CONSIDERATION AT A BOARD OR COMMITTEE MEETING, IN WHICH HE OR SHE HAS A CONFLICT OF INTEREST. THE MINUTES OF EACH MEETING REFLECT THAT A DISCLOSURE WAS MADE AND THE TRUSTEE HAVING A CONFLICT OF INTEREST ABSTAINED FROM VOTING. ANY TRUSTEE WHO IS UNCERTAIN WHETHER A CONFLICT OF INTEREST MAY EXIST IN ANY MATTER MAY REQUEST THE BOARD OR COMMITTEE TO RESOLVE THE QUESTION BY MAJORITY VOTE. EMPLOYEES SHOULD AVOID ANY SITUATION WHICH COULD BE CONSTRUED AS A CONFLICT OF INTEREST. VIOLATIONS ARE REPORTED TO THE EMPLOYEE'S SUPERVISOR, DEPARTMENT VICE PRESIDENT, OR VICE PRESIDENT OF HUMAN RESOURCES. ALLEGATIONS ARE INVESTIGATED FAIRLY AND THOROUGHLY. IF CONFIRMED BY EMPLOYEE OR INVESTIGATION DISCIPLINARY ACTIONS MAY RESULT.
FORM 990, PART VI, SECTION B, LINE 15	RECRUITMENT AND RETENTION OF A WELL-QUALIFIED INDIVIDUAL INTO THE LEADERSHIP ROLE OF PRESIDENT IS VITAL TO THE SUCCESS AND GROWTH OF THE COLLEGE. TO SUPPORT THESE EFFORTS, THE COLLEGE HAS CREATED A METHODOLOGY TO DETERMINE A COMPETITIVE WAGE STRUCTURE FOR THIS POSITION. THE PRIMARY SOURCE FOR SALARY DATA IS THE ANNUAL COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION (CUPA) ADMINISTRATIVE COMPENSATION SALARY SURVEY. CUPA SURVEYS PROVIDE MORE COMPREHENSIVE INFORMATION ON HIGHER EDUCATION SALARY DATA THAN OTHER NATIONAL SURVEYS. DATA IS COLLECTED ON A VARIETY OF FACTORS THAT ENABLE THE COLLEGE TO CREATE A COMPARATOR GROUP OF COLLEGES THAT MOST RESEMBLE ST. SCHOLASTICA. SPECIFIC WAGE DATA IS PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES BY THE VICE PRESIDENT FOR HUMAN RESOURCES IN THE FALL OF EACH YEAR. THIS COMMITTEE REVIEWS THE PRESIDENT'S PERFORMANCE OVER THE PREVIOUS FISCAL YEAR AND PREPARES A SALARY RECOMMENDATION FOR FULL BOARD APPROVAL AT ITS ANNUAL OCTOBER MEETING. THE PRESIDENT'S NEW WAGE GOES INTO EFFECT THE FOLLOWING JANUARY 1. THIS PROCESS WAS LAST CONDUCTED IN 2014 FOR THE PRESIDENT, DR. GEORGE GOODWIN. RECRUITMENT AND RETENTION OF WELL QUALIFIED INDIVIDUALS INTO THE LEADERSHIP ROLES OF VICE PRESIDENT IS VITAL TO THE SUCCESS AND GROWTH OF THE COLLEGE. TO SUPPORT THESE EFFORTS, THE COLLEGE HAS CREATED A METHODOLOGY TO DETERMINE COMPETITIVE WAGE STRUCTURES FOR THESE POSITIONS. THE PRIMARY SOURCE FOR SALARY DATA IS THE ANNUAL CUPA ADMINISTRATIVE COMPENSATION SALARY SURVEY. DATA IS COLLECTED ON A VARIETY OF FACTORS THAT ENABLE THE COLLEGE TO CREATE A COMPARATOR GROUP OF COLLEGES THAT MOST RESEMBLE ST. SCHOLASTICA. EACH VICE PRESIDENT TITLE IS EVALUATED SEPARATELY AND THE MEDIAN OF THE RESULTING RANGE BECOMES THE MIDPOINT OR TARGET WAGE FOR THAT JOB. IN ORDER TO MAINTAIN INTERNAL EQUITY, THIS SAME COMPARATOR GROUP IS USED TO CREATE SALARY RANGES FOR ALL VICE PRESIDENT POSITIONS. ALTHOUGH CUPA IS THE PRIMARY SOURCE FOR SALARY DATA, THE COLLEGE ALSO CHECKS THE CPI AND OTHER WAGE RELATED DATA ON AN ANNUAL BASIS TO ENSURE WAGE STRUCTURES ARE BUILT ON SOUND ECONOMIC PRINCIPLES AND REFLECT CURRENT COMPENSATION TRENDS. THIS PROCESS WAS LAST CONDUCTED IN 2014 FOR THE VICE PRESIDENTS ELIZABETH DOMHOLDT, STEVE LYONS, DON WORTHAM, JOHN LABOSKY, AND PAT PRATT-COOK.
FORM 990, PART VI, SECTION C, LINE 19	THE COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. ADDITIONALLY, THE COLLEGE'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE COLLEGE'S WEBSITE.
FORM 990, PART XI, LINE 9:	ACTUARIAL ADJUSTMENT -9,960.