2015-05-05T17:00:08-05:00 2014-06-30 CROWE HORWATH LLP 330 E JEFFERSON BLVD PO BOX 7 SOUTH BEND IN 466240007 990 2013-07-01 350868152 SAINT JOSEPH'S COLLEGE SAIN 2198666000 US 231 South PO Box 889 Rensselaer IN 47978 SPENCER CONROY VP BUSINESS AFFAIRS & TREASURER 2015-05-04 true Kenneth J Keber P00240883 5742323992 2013 2016-02-25 16:41:14Z ROBERT PASTOOR US 231 South Rensselaer IN 47978 45394933 false X WWW.SAINTJOE.EDU X 1889 IN SAINT JOSEPH'S COLLEGE IS A LIBERAL ARTS COLLEGE STRIVING TO PREPARE MEN AND WOMEN TO LEAD SUCCESSFUL PROFESSIONAL AND PERSONAL LIVES CONSISTENT WITH GOSPEL VALUES. 34 32 665 125 185722 -128297 2867827 3830880 28546268 30389434 1167338 1757583 2560874 2223467 35142307 38201364 13016837 14314986 0 0 12194807 12864743 0 0 534595 11032368 13560873 36244012 40740602 -1101705 -2539238 139353397 144783068 31784925 33068998 107568472 111714070 X SAINT JOSEPH'S COLLEGE (INDIANA), A PRIMARILY UNDERGRADUATE CATHOLIC COLLEGE, FOUNDED AND SPONSORED BY THE MISSIONARIES OF THE PRECIOUS BLOOD, PLEDGES ITSELF TO A TRADITION OF EXCELLENCE AND TO A LIBERAL EDUCATION THAT IS A UNITED ENDEAVOR OF INTELLIGENCE AND FAITH. (CONTINUED IN SCHEDULE O) false false 34645495 14314986 30490150 AT SAINT JOSEPH'S COLLEGE, WE CARRY ON THE CATHOLIC INTELLECTUAL TRADITION -- AN INTEGRAL PART OF OUR MISSION. NOT ONLY DO WE TEACH FACTS AND CONCEPTS, BUT WE ALSO FURNISH STUDENTS WITH THE TOOLS TO APPLY THOSE IDEAS TO THE WORKPLACE AND TO THEIR LIVES. THROUGH THIS, WE PROVIDE STUDENTS THE RESOURCES TO SPEAK AND WRITE EFFECTIVELY AND GIVE THEM A SOLID BASIS FOR HOW WE LEARN, LIVE, AND WORK AS A SOCIETY ACCORDING TO GOSPEL VALUES. HERE AT SAINT JOSEPH'S COLLEGE, WE ARE CREATING NEW ACADEMIC PROGRAMS TO RESPOND TO THE NEEDS OF TODAY'S STUDENTS. WE ARE ALSO CREATING NEW PARTNERSHIPS WITH BUSINESSES, OTHER COLLEGES, AND REGIONAL HIGH SCHOOLS. ALL IN ALL, WE ARE STRIVING TO ENSURE THAT SAINT JOSEPH'S COLLEGE WILL REMAIN THE HIGH-QUALITY CATHOLIC HIGHER EDUCATION INSTITUTION THAT STUDENTS, ALUMNI, PARENTS, AND FRIENDS HAVE KNOWN SINCE 1889. (CONTINUED IN SCHEDULE O) 34645495 true true false false true true false false true true false false false true true true false true false false false false false true true false false true true false false false false true false true false true false false false false true false false false false true 1258 0 true 665 true true true false false false false true true false false false false false false false X 34 32 false false false false true false true true true false false false true true true true true true false false IN X Spencer Conroy 2198666470 US 231 SOUTH Rensselaer IN 47978 BENEDICT J SPONSELLER CHAIR 1.00 X X 0 0 0 FR WILLIAM STANG TRUSTEE/RELIGIOUS ADVISOR TO THE PRESIDENT 40.00 X X 0 0 0 JOHN NICHOLS PHD SECRETARY/PROFESSOR 20.00 X X 11719 0 5740 STEPHEN RUFF CO-CHAIR 1.00 X X 0 0 0 ANTHONY MAJEWSKI STUDENT REPRESENTATIVE 2.00 X 884 0 0 BENJAMIN BASILE CPPS TRUSTEE 1.00 X 0 0 0 BENJAMIN BERINTI CPPS TRUSTEE 1.00 X 0 0 0 BISHOP TIMOTHY DOHERTY TRUSTEE 1.00 X 0 0 0 CAROL WOOD TRUSTEE 1.00 X 0 0 0 DANIEL DALUGA TRUSTEE 1.00 X 0 0 0 DAVID OWENS TRUSTEE 1.00 X 0 0 0 EDWARD HABROWSKI TRUSTEE 1.00 X 0 0 0 JANICE PYRCE TRUSTEE 1.00 X 0 0 0 JIM BOLER TRUSTEE 1.00 X 0 0 0 JOHN FREIBURGER TRUSTEE 1.00 X 0 0 0 JOHN GAUSE TRUSTEE 1.00 X 0 0 0 JOHN MORIKIS TRUSTEE 1.00 X 0 0 0 JOHN WHELAN TRUSTEE 1.00 X 0 0 0 KATHERINE DITTMAN TRUSTEE (STUDENT REPRESENTATIVE) 2.00 X 1861 0 0 KRIS SAKELARIS TRUSTEE 1.00 X 0 0 0 LARRY HEMMELGARN CPPS TRUSTEE 1.00 X 0 0 0 LARRY LAUDICK TRUSTEE 1.00 X 0 0 0 LOU OFFER TRUSTEE 1.00 X 0 0 0 MARGARET GUCCIONE TRUSTEE 1.00 X 0 0 0 MARK BEHNKE TRUSTEE 1.00 X 0 0 0 MARK PERES CPPS TRUSTEE 1.00 X 0 0 0 MARK SEELY TRUSTEE/ASSISTANT PROFESSOR OF PSYCHOLOGY 40.00 X 58880 0 13597 MARY PAT WESCHE TRUSTEE 1.00 X 0 0 0 MICHAEL SCUDDER TRUSTEE 1.00 X 0 0 0 MICHAEL VALLONE TRUSTEE 1.00 X 0 0 0 MICHAEL VAN EEKEREN TRUSTEE 1.00 X 0 0 0 PATRICIA MULCAHY TRUSTEE 1.00 X 0 0 0 PAUL MISNIAK TRUSTEE 1.00 X 0 0 0 STEVE LIGDA TRUSTEE 1.00 X 0 0 0 TERRA MAIENBROOK TRUSTEE/FACULTY 40.00 X 55332 0 27862 TODD ROKITA TRUSTEE 1.00 X 0 0 0 DANIEL BLANKENSHIP VP FOR ACADEMIC AFFAIRS (THROUGH 5/30/2014) 40.00 X 131510 0 19482 F DENNIS RIEGELNEGG PRESIDENT (THROUGH 6/6/2014) 40.00 X 195792 0 32321 HOA NGUYEN VP FOR BUSINESS AFFAIRS & TREASURER 40.00 X 138373 0 34449 LESLIE FRERE VICE PRESIDENT FOR STUDENT AFFAIRS 40.00 X 97719 0 8875 MAUREEN VALERY EGAN VP FOR INSTITUTIONAL ADVANCEMENT & MARKETING 40.00 X 114638 0 18525 806708 0 160851 4 false true false SODEXO INC AND AFFILIATES 4880 PAYSPHERE CIRCLE CHICAGO IL 60604 FOOD SERVICE 2060074 THE BLAKLEY CORPORATION 8060 EAST 88TH STREET INDIANAPOLIS IN 46256 CONSTRUCTION SERVICES 596656 JASPER COUNTY HOSPITAL 1104 EAST GRACE STREET RENSSELAER IN 47978 HEALTHCARE SERVICES 155747 VON EXCAVATION INC PO BOX 279 WHEATFIELD IN 46392 CONSTRUCTION SERVICES 148750 ANDERSON & ANDERSON CONSTRUCTION LLC 670 MADISON UNIT D CROWN POINT IN 46307 CONSTRUCTION SERVICES 138007 5 158598 683970 2988312 51425 3830880 TUITION AND FEES 611710 24021067 24021067 DINING HALL & STUDENT CENTER 611710 3210133 3210133 RESIDENCE HALLS 611710 3158234 3005324 152910 0 0 0 0 0 0 30389434 434110 434110 0 0 1994056 1994056 0 1994056 32812 1961244 8220275 6896802 1323473 0 1323473 1323473 40140 158598 42289 -2149 -2149 20993 3148 17845 17845 211419 251330 -39911 -39911 FEES AND FINES 900099 59761 59761 SERVICE DEPARTMENT 900099 76534 76534 0 117331 117331 0 0 253626 38201364 30490150 185722 3694612 0 14314986 14314986 0 0 880430 131179 749251 156596 156596 8463650 6382076 1724933 356641 599292 421787 155142 22363 2201257 1542306 575933 83018 563518 396609 145881 21028 0 22325 22325 90480 90480 0 0 111844 111844 528255 238551 289704 0 59001 8683 50318 1406270 771130 601607 33533 165370 165370 1545 1545 1484671 1260561 224110 553483 495060 49922 8501 0 0 1264517 1264517 0 1398915 1102853 296062 379647 379647 SUMMER CAMPS AND STUDENT EXPENSES 1783093 1783093 MEMBERSHIP DUES & SUBSCRIPTIONS 154183 99474 54584 125 PROFESSIONAL DEVELOPMENT AND RECRUITING 94702 82645 12057 LOSS ON CONTRIBUTION RECEIVABLE 2334981 2334981 1727591 1477216 240989 9386 40740602 34645495 5560512 534595 0 22489 1437491 5130683 3913479 8416006 6099877 324398 379691 0 0 0 0 1655886 1760215 116793 56886 288999 273134 143452499 29125317 108555111 114327182 13440834 15008882 901386 1016558 0 0 500812 509673 139353397 144783068 1860964 1541737 426021 715756 0 0 27177786 28373557 2320154 2437948 31784925 33068998 X 3983300 2648389 13910709 13444389 89674463 95621292 107568472 111714070 139353397 144783068 X -2539238 997481 5687355 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 36100 1530147 false false X X 2 345 1 0 0 1 false 1 2500 24313179 275881 2578622 626467 1539654 144755 24856806 24179514 33535 710858 364445 143331 102952 24313179 20806928 797791 3019284 296161 72449 75879 24179514 17216867 775617 3398891 307449 203656 73342 20806928 14803005 1510378 1682484 546884 126316 105800 17216867 0.25600 0.48000 0.26400 false false 92479350 44582 92523932 44496029 25065606 19430423 1916770 1222057 694713 3730493 2837654 892839 785275 785275 114327182 0 ANNUITY CONTRACTS PAYABLE 326057 ASSET RETIREMENT OBLIGATIONS 343000 U.S. GOVERNMENT ADVANCES 1768891 2437948 X 30917438 997481 152457 -8627631 -7477693 38395131 103000 -296767 -193767 38201364 26771840 152457 -14314986 -14162529 40934369 103000 -296767 -193767 40740602 Schedule D, Part II, Line 9, Conservation easements financial reporting THE REVENUES AND EXPENSES ASSOCIATED WITH THE PROPERTIES SUBJECT TO A CONSERVATION EASEMENT ARE NETTED TOGETHER ON THE INCOME STATEMENT WITHIN THE APPROPRIATE REVENUE LINE. Schedule D, Part V, Line 4, Intended uses of endowment funds THE PURPOSE OF THE ENDOWMENT FUND IS TO PROVIDE FUNDS TO UNDERWRITE THE EDUCATIONAL NEEDS OF CURRENT AND FUTURE GENERATIONS OF STUDENTS WHILE ENHANCING THE WELL-BEING OF THE COLLEGE. TO SATISFY ITS LONG-TERM RATE OF RETURN OBJECTIVES, THE COLLEGE COMBINES THE GOAL OF TOTAL RETURN AND PRESERVATION OF CAPITAL WITH PRUDENT RISK TOLERANCE IN ORDER TO ALLOW INVESTMENT MANAGERS THE OPPORTUNITY TO ACHIEVE INVESTMENT RESULTS CONSISTENT WITH THE CATHOLIC VALUES OF THE COLLEGE. THE COLLEGE TARGETS A DIVERSIFIED ASSET ALLOCATION IN ORDER TO MANAGE DOWNSIDE VOLATILITY AND RISK WHILE ACHIEVING THE ENDOWMENT'S RETURN OBJECTIVES. Schedule D, Part X, Line 2, FIN 48 (ASC 740) footnote THE COLLEGE HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE INDICATING THAT THE COLLEGE IS A TAX-EXEMPT ORGANIZATION AS PROVIDED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 AND, EXCEPT FOR TAXES PERTAINING TO UNRELATED BUSINESS INCOME, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. NO PROVISION HAS BEEN MADE FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS, AS THE COLLEGE HAS HAD NO SIGNIFICANT UNRELATED BUSINESS INCOME. U.S. GAAP PRESCRIBES RECOGNITION THRESHOLDS AND MEASUREMENT ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX BENEFITS WILL BE RECOGNIZED ONLY IF THE TAX POSITION IS MORE-LIKELY-THAN-NOT SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. MANAGEMENT HAS CONCLUDED THAT THEY ARE UNAWARE OF ANY TAX BENEFITS OR LIABILITIES TO BE RECOGNIZED AT JUNE 30, 2014 AND 2013. THE COLLEGE IS NO LONGER SUBJECT TO EXAMINATION BY U.S. FEDERAL TAXING AUTHORITIES FOR FISCAL YEARS BEFORE 2011 AND FOR ALL STATE INCOME TAXES THROUGH FISCAL YEAR 2011. THE COLLEGE DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE COLLEGE WOULD RECOGNIZE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE COLLEGE HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES AS OF JUNE 30, 2014 AND 2013. Schedule D, Part XI, Line 2d, Other revenues in audited financial statements not in form 990 SCHOLARSHIPS - -14314986; UNREALIZED GAIN ON PERMANENTLY RESTRICTED FARM LAND HELD AS AN INVESTMENT - 5687355; Schedule D, Part XI, Line 4b, Other revenues in form 990 not in audited financial statements GAMING EXPENSES - -3148; COST OF GOODS SOLD - -251330; FUNDRAISING EXPENSES - -42289; Schedule D, Part XII, Line 2d, Other expenses in audited financial statements not in form 990 SCHOLARSHIPS - -14314986; Schedule D, Part XII, Line 4b, Other expenses in form 990 not in audited financial statements COST OF GOODS SOLD - -251330; GAMING EXPENSE - -3148; FUNDRAISING EXPENSES - -42289; true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3, Racially nondiscriminatory policy SEE PART II SCHEDULE E, PART I, LINE 3, RACIALLY NONDISCRIMINATORY POLICY THE SAINT JOSEPH'S COLLEGE MISSION STATEMENT STATES, THE COLLEGE SERVES A DIVERSE STUDENT BODY COMPOSED OF MEN AND WOMEN OF ALL RACES, CREEDS, AND SOCIO-ECONOMIC BACKGROUNDS WHO CAN THRIVE ACADEMICALLY, SPIRITUALLY, AND SOCIALLY IN THIS INCLUSIVE COMMUNITY, WHICH IS PUBLISHED IN ALL THE EXTERNAL AND INTERNAL PUBLICATIONS. THE COLLEGE IS ALSO AN EQUAL OPPORTUNITY EMPLOYER AND STATES SO IN ALL OPEN POSITION LISTINGS. THE COLLEGE'S RACIALLY NONDISCRIMINATORY POLICY IS ALSO PUBLICIZED THROUGH THE STUDENT HANDBOOK. Schedule E, Part I, Line 6a, Financial aid or assistance from a governmental agency THE ORGANIZATION RECEIVES FINANCIAL ASSISTANCE FROM THE DEPARTMENT OF EDUCATION IN THE FORM OF TITLE IV FUNDS: PELL GRANTS, FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS, PERKINS LOAN FUNDS, DIRECT LOANS, ETC. THE ORGANIZATION ALSO RECEIVES FINANCIAL AID FROM THE STATE STUDENT ASSISTANCE COMMISSION OF INDIANA IN GRANTS SUCH AS: HIGHER EDUCATION AWARDS, FREE OF CHOICE, AND 21ST CENTURY. AID HAS NOT BEEN SUSPENDED OR REVOKED. THE ORGANIZATION ALSO RECEIVED A TITLE III STRENGTHENING INSTITUTIONS GRANT TO ASSIST WITH IMPROVING STUDENT RETENTION. SCHOLARSHIP DINNER 198738 158598 40140 1586 23138 3800 13765 0 0 198738 158598 40140 0 0 1586 23138 3800 13765 42289 -2149 20993 3048 100 true 0.95 20993 3048 0 0 100 3148 17845 IN true false false false 1 0 SPENCER CONROY US 231 SOUTH RENSSELAER IN 47978 false SEE SCHEDULE G PART IV SEE SCHEDULE G PART IV X false SCHEDULE G, PART III, LINE 16, DESCRIPTION OF SERVICES PROVIDED THE COLLEGE DOES NOT HAVE A SEPARATE GAMING MANAGER. THESE RECORDS ARE HANDLED THROUGH THE BUSINESS OFFICE; THE CONTROLLER MANAGES THE SEGREGATED GAMING FUNDS. true SCHOLARSHIPS AWARDED 819 14178459 0 N/A N/A CAMPUS BASED FEDERAL AID 306 136527 0 N/A N/A Schedule I, Part I, Line 2, Procedures for monitoring use of grant funds GRANTS AT THE COLLEGE ARE LIMITED TO TUITION WAIVERS AND SCHOLARSHIPS. TUITION WAIVERS ARE GRANTED ACCORDING TO TERMS AS SET FORTH IN THE EMPLOYEE HANDBOOK. SCHOLARSHIPS ARE AWARDED IN STUDENT FINANCIAL SERVICES ACCORDING TO GUIDELINES AS PUBLISHED IN THE ACADEMIC CATALOG. FUNDS ARE CREDITED DIRECTLY TO A STUDENT'S ACCOUNT TO ENSURE THE PROPER USE OF FUNDS. X X true true X X false false false false false false false false false HOA NGUYEN VP FOR BUSINESS AFFAIRS & TREASURER 134626 0 0 0 3747 0 11612 0 22837 0 172822 0 0 0 DANIEL BLANKENSHIP VP FOR ACADEMIC AFFAIRS (THROUGH 5/30/2014) 130994 0 0 0 516 0 10560 0 8922 0 150992 0 0 0 F DENNIS RIEGELNEGG PRESIDENT (THROUGH 6/6/2014) 195000 0 0 0 792 0 15600 0 16721 0 228113 0 0 0 Schedule J, Part I, Line 1a, Housing allowance or residence for personal use THE COLLEGE PROVIDES TRANSITIONAL HOUSING FROM TIME TO TIME FOR CERTAIN PRESIDENT CABINET MEMBERS (FORMALLY KNOWN AS AD STAFF), THUS MAKING THEM "INTERESTED PERSONS." THIS HOUSING IS MEANT TO BE TEMPORARY IN NATURE AND PROVIDE FOR A SMOOTHER TRANSITION OF THAT INDIVIDUAL AND THEIR FAMILY TO THE TOWN OF RENSSELAER AND THEREFORE TO THE COLLEGE COMMUNITY. Schedule J, Part I, Line 1a, Health or social club dues or initiation fees IN THE PRESIDENT'S CONTRACT, THERE IS A SECTION THAT STATES THAT THE PRESIDENT WILL HAVE DUES PAID TO CERTAIN SOCIAL CLUBS WHICH HE IS REQUIRED TO USE TO CONDUCT NETWORKING EVENTS FOR THE COLLEGE. SINCE THE PAYMENT OF THESE EXPENSES IS ENTIRELY FOR BUSINESS PURPOSES, THE AMOUNTS ARE NOT CONSIDERED TAXABLE INCOME TO THE PRESIDENT. SEE PART V SEE PART V 36885 TUITION WAIVERS STUDENT FINANCIAL ASSISTANCE KAY BLANKENSHIP SPOUSE OF DANIEL BLANKENSHIP (OFFICER) 46092 EMPLOYEE COMPENSATION & BENEFITS false MIKE NICHOLS SON OF JOHN NICHOLS (TRUSTEE) 72672 EMPLOYEE COMPENSATION & BENEFITS false PAM BROWN-SEELY SPOUSE OF MARK SEELY (TRUSTEE) 34629 EMPLOYEE COMPENSATION & BENEFITS false JONATHAN NICHOLS SON OF JOHN NICHOLS (TRUSTEE) 24262 EMPLOYEE COMPENSATION & BENEFITS false SCHEDULE L, PART III, GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONS PER THE IRS INSTRUCTIONS FOR SCHEDULE L, COLLEGES, UNIVERSITIES, AND PRIMARY AND SECONDARY SCHOOLS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE. INSTEAD, THESE ORGANIZATIONS MUST GROUP EACH TYPE OF FINANCIAL ASSISTANCE PROVIDED TO INTERESTED PERSONS IN SEPARATE LINES. FOR EACH LINE, THE SCHOOL IS TO REPORT IN COLUMN (C) THE TYPE OF ASSISTANCE AND AGGREGATE DOLLAR AMOUNT OF THAT ASSISTANCE; COLUMNS (A) AND (B) ARE TO BE LEFT BLANK. X 9 51425 MARKET VALUE 0 false true false Schedule M, Part I, Explanations of reporting method for number of contributions SECURITIES - PUBLICLY TRADED: ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS NOT THE NUMBER OF CONTRIBUTED ITEMS, AS THIS IS VIEWED TO BEST REPRESENT THE NUMBER OF DONATIONS RECEIVED. Schedule M, part I, column (b), Line 9, Number of contributions or items contributed. ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS NOT THE NUMBER OF CONTRIBUTED ITEMS, AS THIS IS VIEWED TO BEST REPRESENT THE NUMBER OF DONATIONS RECEIVED. FORM 990, PART III, LINE 1, ORGANIZATION'S MISSION (CONTINUED FROM PART III) THE COLLEGE PLACES EXCEPTIONAL EMPHASIS ON THE EDUCATION OF THE WHOLE PERSON. ITS NATIONALLY KNOWN CORE CURRICULUM COMPLEMENTS UP-TO-DATE CAREER PREPARATION IN THE MAJOR. THESE ACADEMIC PROGRAMS ENRICH AND ARE ENRICHED BY PROGRAMS OF SPIRITUAL DEVELOPMENT, RESIDENCE EDUCATION, AND ATHLETICS. THE COLLEGE SERVES A DIVERSE STUDENT BODY COMPOSED OF MEN AND WOMEN OF ALL RACES, CREEDS, AND SOCIO-ECONOMIC BACKGROUNDS WHO CAN THRIVE ACADEMICALLY, SPIRITUALLY, AND SOCIALLY IN THIS INCLUSIVE COMMUNITY. SAINT JOSEPH'S COLLEGE IS A LIBERAL ARTS COLLEGE STRIVING TO PREPARE MEN AND WOMEN TO LEAD SUCCESSFUL PROFESSIONAL AND PERSONAL LIVES CONSISTENT WITH GOSPEL VALUES. TO FULFILL THIS MISSION, THE COLLEGE PLEDGES: 1. TO FORM GRADUATES WHO ARE COMPETENT PROFESSIONALS, CAPABLE OF ASSUMING LEADERSHIP ROLES IN THE WORLD, WHO WILL EMBODY GOSPEL VALUES IN THEIR PERSONAL LIVES AND PROFESSIONAL CAREERS. 2. TO CONDUCT THE CORE CURRICULUM AND, THROUGH IT, ALL COLLEGE PROGRAMS WITHIN THE CONCEPTUAL FRAMEWORK AND VALUE COMMITMENTS OF "CHRISTIAN HUMANISM" THAT STEM FROM OUR JUDEO-CHRISTIAN AND GRAECO-ROMAN TRADITIONS AND FROM OUR VATICAN II INSPIRATION. 3. TO GIVE WITNESS IN A SPECIAL WAY, IN ALL ASPECTS OF CAMPUS LIFE, ACADEMICALLY AND EXISTENTIALLY, TO THE CHRISTIAN HUMANIST VALUES OF JUSTICE AND LOVE AND ITS COMMITMENT TO HUMAN SOLIDARITY AND INTERDEPENDENCE ON NATIONAL AND GLOBAL LEVELS. 4. TO ADD TO THE EMPHASIS TO EDUCATE THE WHOLE STUDENT -- INTELLECTUALLY, PHYSICALLY, SOCIALLY, AND SPIRITUALLY -- AN ABIDING CONCERN TO PROVIDE PERSONALIZED AND INDIVIDUALIZED CARE. 5. TO STEWARD ALL THE RESOURCES OF THE COLLEGE IN TRUTH, IN LOVING JUSTICE, AND WITH CONCERN FOR THE NEEDS OF THE INDIVIDUAL. 6. TO EXTEND PERSONAL AND PROFESSIONAL SERVICES AS CHURCH AND PUBLIC NEEDS MAY REQUIRE. FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS (CONTINUED FROM PART III, LINE 4A) THE COLLEGE SERVES A DIVERSE STUDENT BODY OF APPROXIMATELY 1,000 MEN AND WOMEN OF ALL RACES, CREEDS, AND SOCIO-ECONOMIC BACKGROUNDS. THE COLLEGE STRIVES TO FORM GRADUATES WHO ARE COMPETENT PROFESSIONALS, CAPABLE OF ASSUMING LEADERSHIP ROLES IN THE WORLD, AND WHO WILL EMBODY GOSPEL VALUES IN THEIR PERSONAL LIVES AND PROFESSIONAL CAREERS. Form 990, Part VI, Sec A, Line 1a, Delegate broad authority to a committee THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE FOLLOWING: - THE CHAIR OF THE BOARD - THE VICE CHAIR OF THE BOARD - THE PROVINCIAL DIRECTOR OR HIS DESIGNEE - THE PRESIDENT - THE CHAIRS OF THE STANDING COMMITTEES - SUCH OTHER MEMBERS OF THE BOARD AS MAY BE DESIGNATED BY THE CHAIR THE EXECUTIVE COMMITTEE SHALL ACT FOR THE BOARD IN THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE SHALL MEET ONLY AT THE DISCRETION OF THE CHAIR. THE EXECUTIVE COMMITTEE MAY EXERCISE ALL THE POWER AND AUTHORITY OF THE BOARD OF TRUSTEES, BUT SHALL NOT HAVE THE POWER TO ELECT OR REMOVE ANY OFFICER OR APPROVE THE BUDGET, AND SHALL REPORT TO THE BOARD AT ITS NEXT MEETING. Form 990, Part VI, Sec A, Line 6, Classes of members or stockholders THE ORGANIZATION'S MEMBERS ARE THOSE PERSONS HOLDING THE OFFICES OF THE PROVINCIAL DIRECTOR AND THOSE SERVING ON THE PROVINCIAL COUNCIL OF THE SOCIETY OF THE PRECIOUS BLOOD (C.PP.S.), CINCINNATI PROVINCE, A ROMAN CATHOLIC SOCIETY OF APOSTOLIC LIFE. Form 990, Part VI, Sec A, Line 7b, Decisions requiring approval by members or stockholders THE FOLLOWING POWERS ARE RESERVED TO THE MEMBERS: A. TO ADOPT THE AMENDMENT, ALTERATION, MODIFICATION, OR REPEAL OF THE ARTICLES OF INCORPORATION AS PROPOSED BY THE BOARD OF TRUSTEES; B. TO ADOPT THE AMENDMENT, ALTERATION, MODIFICATION, OR REPEAL OF THE BYLAWS OF THE CORPORATION AS PROPOSED BY THE BOARD OF TRUSTEES; C. TO DISSOLVE OR TERMINATE THE EXISTENCE OF THE CORPORATION AND TO DETERMINE THE DISTRIBUTION OF ASSETS UPON SUCH TERMINATION OR DISSOLUTION AS PROPOSED BY THE BOARD OF TRUSTEES; D. TO MERGE, CONSOLIDATE, OR AFFILIATE THE CORPORATION WITH ANOTHER CORPORATION, ORGANIZATION, OR PROGRAM AS PROPOSED BY THE BOARD OF TRUSTEES; E. TO APPROVE THE MISSION STATEMENT OF THE COLLEGE OR ANY CHANGE TO THE MISSION STATEMENT AS PROPOSED BY THE BOARD OF TRUSTEES. THE MEMBERS ALSO HAVE THE RIGHT TO PROHIBIT ANY ORGANIZATION OR POLICY AT THE COLLEGE THAT ARE INCONSISTENT WITH THE CATHOLIC IDENTITY OF THE COLLEGE. Form 990, Part VI, Sec B, Line 11b, Review of form 990 by governing body THE FORM 990 IS REVIEWED IN DETAIL BY MANAGEMENT. A FINAL DRAFT OF THE FULL FORM 990, INCLUDING ALL APPLICABLE SCHEDULES, IS PROVIDED TO EACH MEMBER OF THE FINANCE COMMITTEE AND IS REVIEWED WITH THE COLLEGE'S TAX ADVISORS. A COPY OF THE FORM 990, EXCLUDING SCHEDULE B, IS THEN PROVIDED TO EACH MEMBER OF THE GOVERNING BODY PRIOR TO FILING WITH THE IRS. SCHEDULE B IS MADE AVAILABLE TO EACH MEMBER OF THE GOVERNING BODY UPON THEIR REQUEST. Form 990, Part VI, Sec B, Line 12c, Conflict of interest policy ANNUAL DISCLOSURE IS PROVIDED TO EACH OFFICER AND BOARD MEMBER. EACH PERSON COMPLETES AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE. ONCE THE QUESTIONNAIRES ARE COMPLETED, THE PRESIDENT'S ASSISTANT REVIEWS THE RESPONSES AND DETERMINES WHETHER OR NOT THERE ARE ANY POTENTIAL CONFLICTS OF INTEREST. IF THERE IS A POTENTIAL CONFLICT OF INTEREST, THE PRESIDENT, TREASURER, AND CONTROLLER REVIEW THE CORRESPONDING ISSUE AND DETERMINE IF THERE IS AN ACTUAL CONFLICT OF INTEREST. IF AN ACTUAL CONFLICT OF INTEREST IS DETERMINED TO EXIST, THAT PERSON IS EXCLUDED FROM ANY DISCUSSIONS CONCERNING THE CONFLICTING ISSUE AND IS NOT PERMITTED TO VOTE ON ANY DECISIONS REGARDING THE CONFLICTING ISSUE. ANY PURCHASES AND/OR BUDDING PROPOSALS ARE ALSO REVIEWED FOR ANY POTENTIAL CONFLICTS OF INTEREST PRIOR TO SUBMITTING BIDS OR MAKING PURCHASES. THE CONTROLLER ATTENDS THE BOARD MEETINGS TO ENSURE THAT COMPLIANCE WITH THESE GUIDELINES IS FOLLOWED. Form 990, Part VI, Sec B, Line 15a, Process to establish compensation of top management official DURING THE 2013-14 FISCAL YEAR, THE PRESIDENT'S SALARY WAS ADJUSTED AFTER PERFORMING A COMPARISON WITH THE COLLEGE'S 31 SCHOOL PEER GROUP. FOR THE JUNE 30, 2012-2013 FISCAL YEAR, THE BOARD OF TRUSTEES IMPLEMENTED A SALARY FREEZE FOR ALL POSITIONS. FOR THE JUNE 30, 2013-14 FISCAL YEAR, THE BOARD OF TRUSTEES IMPLEMENTED A 3% ACROSS THE BOARD SALARY INCREASE TO OFFSET INFLATIONARY LIVING EXPENSE INCREASES. FORM 990, PART VI, LINE 15B, PROCESS USED TO ESTABLISH COMPENSATION OF OTHER OFFICERS THE ORGANIZATION'S ADMINISTRATIVE STAFF, WHICH INCLUDES THE VP FOR ACADEMIC AFFAIRS, VP FOR BUSINESS AFFAIRS & TREASURER, VP FOR INSTITUTIONAL ADVANCEMENT & MARKETING, AND VP FOR STUDENT AFFAIRS, USES A 31-SCHOOL COMPARISON GROUP TO REVIEW AND APPROVE THE COMPENSATION FOR ALL OTHER COLLEGE EMPLOYEES, INCLUDING OTHER OFFICERS. FOR THE JUNE 30, 2012-2013 FISCAL YEAR, THE BOARD OF TRUSTEES IMPLEMENTED A SALARY FREEZE FOR ALL POSITIONS INCLUDING ALL OFFICERS OF THE COLLEGE. ACCORDINGLY, THERE WAS NO CHANGE TO THE OFFICERS' SALARIES FROM THE PRIOR YEAR. FOR THE JUNE 30, 2013-14 FISCAL YEAR, THE BOARD OF TRUSTEES APPROVED A 3% ACROSS THE BOARD SALARY INCREASE. Form 990, Part VI, Sec C, Line 19, Required documents available to the public GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. Form 990 , Part XI, Line 9, Other changes in net assets or fund balances UNREALIZED GAIN ON PERMANENTLY RESTRICTED FARM LAND HELD AS AN INVESTMENT - 5687355; CHARITABLE REMAINDER UNITRUST (1) TRUST IN NA TRUST false false false false false false false false false false false false false false false false false false false