2014-02-10T13:10:12-06:00 2013-06-30 GRANT THORNTON LLP 175 W JACKSON BLVD STE 2000 CHICAGO IL 60604 990 2012-07-01 362182170 Resurrection University % MATTHEW HUGHES RESU 7732526464 1431 N Claremont Suite Chicago IL 60622 Therese Scanlan 7732525310 2014-02-10 true Bridget T Roche 3128560200 2012 2015-11-30 17:44:51Z Beth Brooks 1431 N CLAREMONT Chicago IL 60622 9344967 false X www.resu.edu X 2011 IL Resurrection University is a Catholic institution of higher learning educating women and men in the field of nursing, other health sciences, and health care related fields. 13 12 81 0 0 451329 69368 7313815 8973204 50020 76367 18527 19353 7833691 9138292 495625 586988 0 0 4724834 5588403 0 0 0 1918294 2563487 7138753 8738878 694938 399414 4633284 5051231 1208632 1227165 3424652 3824066 THE UNIVERSITY IS ORGANIZED TO OPERATE EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, AND EDUCATIONAL PURPOSES. THE UNIVERSITY'S PURPOSES ARE TO BE CARRIED OUT CONSISTENTLY WITH THE ETHICAL AND RELIGIOUS DIRECTIVES FOR CATHOLIC HEALTH CARE SERVICES, AS PROMULGATED FROM TIME TO TIME BY THE LOCAL ARCHBISHOP (THE "ETHICAL AND RELIGIOUS DIRECTIVES"). THE PURPOSES OF THE UNIVERSITY INCLUDE, BUT ARE NOT LIMITED TO: A) ESTABLISH, MAINTAIN, OPERATE, SUPPORT AN ACCREDITE, DEGREE-GRANTING INSTITUTION IN THE FIELD OF NURSING, AND OTHER HEALTH SCIENCES AND HEALTH CARE RELATED FIELDS; B) FACILITATE ACADEMIC EXCELLENCE AND CLINICAL COMPETENCE THROUGH GENERAL, NURSING AND OTHER HEALTH SCIENCES AND RELATED EDUCATION AND TRAINING, C) PREPARE GRADUATES TO UTILIZE THEORETICAL KNOWLEDGE AND SKILLS MEETING THE NEEDS OF INDIVIDUALS AND GROUPS IN VARIOUS HEALTH SETTINGS AND TO BECOME RESPONSIBLE HEALTH CARE PROFESSIONALS WHO EXEMPLIFY THE HIGHTEST LEGAL, ETHICAL AND PROFESSIONAL STANDARDS, D) SERVE AS A false false 6424064 586988 8973204 Instruction and Student Services: Resurrection University provides higher education through undergraduate and graduate programs of study in the healtcare field. Experienced faculty emphasizes quality teaching and is dedicated to the development of individuals into knowledgeable, self-directed, responsive and caring persons. The student body is composed of 443 members. Offices services the students include admissions, financial aid, registrar, academic center for excellence, library, personal counselling, and career services. 6424064 true true false false false false false false false true true false false true true true true true true false false false false false true false false false true true false false false false false false false false false false false false false true false false false true 600 0 81 true false false false false false false false false false false X 13 12 false false false false true true true true true false false true true true true true true true true false X MATTHEW HUGHES 7732525310 1431 N CLAREMONT Chicago IL 60622 Beth A Brooks 40.0 X X 208856 0 35590 Mary Ann Kelly 1.0 X 0 0 0 Sister Kathleen Stadler 1.0 X 0 0 0 Patty Thiery Sheridan 1.0 X 0 0 0 Margaret McDermott 1.0 X 0 0 0 Arlene Blaha 1.0 X 0 0 0 Jim Croft PhD 1.0 X 0 0 0 Evelyn Diaz 1.0 X 0 0 0 Sandra DiVarco JD 1.0 X 0 0 0 Greg Freeman 1.0 X 0 0 0 Patricia Munoz-Rocha 1.0 X 0 0 0 Sister Francesca Onley PhD 1.0 X 0 0 0 Dr Angelique Richard PhD 1.0 X 0 0 0 Therese Scanlan EdD 40.0 X 168583 0 30494 Sandie Soldwisch PhD 40.0 X 138968 0 14522 Scott Dunnell 40.0 X 119169 21858 635576 0 102464 4 false true false Campus Management 777 Yamato Road BOCA RATON FL 33431 IT SERVICES 105831 ATIAssessment Technologies 11161 Overbrook Road LEAWOOD KS 66211 Testing Service 107590 Donovan Designs 2433 North Western Ave CHICAGO IL 60647 marketing/advertisin 136768 Husch Blackwell LLP PO Box 802765 KANSAS CITY MO 64180 Legal Services 107521 4 10000 17123 42245 69368 STUDENT TUITION AND FEES 8936788 8936788 CONTINUING EDUCATION REVENUE 23400 23400 TEAS TEST REVENUES 3550 3550 OTHER STUDENT REVENUES 9466 9466 8973204 47610 47610 0 38773 38773 0 0 0 206755 177998 28757 28757 28757 7950 10000 28677 -20727 -20728 0 0 MISCELLANEOUS REVENUE 1307 1307 1307 9138292 8973204 95719 0 586988 586988 0 0 669863 164925 504938 0 4148377 3330533 817844 109145 95332 13813 341087 268246 72841 319931 235342 84589 0 41696 41696 103385 103385 0 0 0 53214 53214 760782 573436 187346 127928 22625 105303 304320 272019 32301 0 566552 453242 113310 17484 6362 11122 0 41458 26207 15251 0 0 27361 21889 5472 0 CENTRALIZED SERVICES 148285 118628 29657 EDUCATIONAL MATERIALS 136055 129654 6401 LICENSES, FEES, SUBSCRIPTIONS 64295 43590 20705 BAD DEBT EXPENSE 34171 27337 6834 136501 47709 88792 8738878 6424064 2314814 0 17659 24236 0 0 0 17123 734721 722198 0 0 0 0 0 4604 0 0 57700 0 244631 71874 119179 172757 0 0 0 0 0 0 0 0 3704025 4110313 4633284 5051231 114033 179718 0 0 1065398 933803 0 0 0 0 0 0 0 0 0 0 29201 113644 1208632 1227165 X 1056326 1543883 830763 742620 1537563 1537563 3424652 3824066 4633284 5051231 399414 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1616923 76128 14750 1678301 1568153 0 50020 1250 1616923 0.91600 0.08400 false true true 244631 71874 172757 172757 DUE FROM AFFILIATE 1830130 INVESTMENT IN FOUNDATION POOLE 2280183 4110313 0 SECURITY DEPOSITS 24451 STUDENT FUNDS 19208 DEFERRED RENT 50153 ADVANCES FROM US GOVERNMENT FOR STUDENT LOANS 19832 113644 X 8579982 28678 28678 8551304 586988 586988 9138292 8180568 28678 28678 8151890 586988 586988 8738878 Intended Uses of Endowment Funds Schedule D, Part V, Line 4 Net assets associated with endowment funds, including funds designated to function as endowment funds, are classified and reported based on the existence or absence of donor-imposed restrictions. The endowment fund is administered by Presence Health. The University has adopted the investment and spending policies of Presence Health for its endowment Fund. The objective of these policies is to provide the University with a predictable funding stream for its programs while protecting the power of the Endowment Fund. Presence Health's investment policy represents the current consensus of the Enodwment Fund's investment philosophy and shall be reviewed from time to time to ensure that it continues to reflect the appropriate expectations, goals, and objectives for the Endowment Fund. Presence Health has intepreted Uniform Prudent Management of Institutional Funds Act (UPMIFA, as adopted and enacted by the Illinois legislature on June 30, 2009, as requiring the preservation of the fair value of the original gift as of the gift date of the donor-restricted endowment funds absent explicit donor stipulations to the contrary. As a result of this interpretation, the University classifies as permanently restricted net assets: (a) the original value of gifts donated to the permanent endowment, (b) the original value of subsequent gifts to the permanent endowment, and (c) accumulations to the permanent endowment made in accordance with the direction of the applicable donor gift instrument at the time the accumulation is added to the fund. The remaining portion of the donor-restricted endowment fund, that is not classified as permanently restricted net assets, is classified as temporarily restricted net assets until those amounts are appropriated for expenditure by the University in a manner consistent with the standard of prudence presribed by the state of Illinois in its enacted version of UPMIFA. In accordance with UPMIFA, Presence Health considers the following factors in making a determination to appropriate or accumulate donor-restricted endowment funds: (1) the duration and preservation of the endowment fund, (2) the purposes of the University and the donor-restricted endowment fund, (3) general economic conditions, (4) the possible effect of inflation and deflation, (5) the expected total return from income and the appreciation of investments, (6) other resources of the University, and (7) the investment policies of Presence Health. Presence Health may appropriate for expenditure or accumulate so much of the Endowment Fund as the University determines is prudent for the uses, benefits, purposes, and duration for which the Endowment Fund is established. Supplemental Description - Other Schedule D, Part XI, Line 2d golf outing expenses netted against revenue on tax revenue but shown gross in expense section on audited financial...................28,678 Supplemental Description - Other Schedule D, Part XI, Line 4b Scholarships and Grants reported as net for book purposes but gross for tax purposes..............................................$586,988 Supplemental Description - Other Schedule D, Part XII, Line 2d golf outing expenses netted against revenue on tax revenue but shown gross in expense section on audited financial...................28,678 Supplemental Description - Other Schedule D, Part XII, Line 4b Scholarships and Grants reported as net for book purposes but gross for tax purposes..............................................$586,988 FIN 48 Footnote Part X The University was organized and incorporated in Illinois as a not-for-profit Organization in July 2011. The University has a favorable Determination Letter from the Internal Revenue Service as part of a group ruling, stating that they are exempt from federal income taxes under Section 501(a) of the Internal Revenue Code of 1986 (IRC), as organized under Section 501(c)(3), except for income taxes pertaining to unrelated business income. The Financial Accounting Standards Board issued guidance that requires tax effects from uncertain tax position to be recognized in the financial statements only if the position is more likely than not to be sustained if the position were to be challenged by a taxing authority. Management has determined there are no material uncertain positions that require recognition in the financial statements. Additionally, no provision for income taxes is reflected in these financial statements, and there is no interest or penalties recognized in the statements of activities or statements of financial position. The tax years ending 2011 and 2012 are still open for audit for both federal and state purposes. true true true true true true true false false false false false false false false true false true Publication of Racially Nondiscriminatory Policy Schedule E, Part I, Line 3 Resurrection University's policy is that of non-discrimination of the public served by the institution and with respect to the university personnel. Advertisements, publications, brochures, applications for admissions, etc., contain a statement to that effect that the college complies with the federal non-discrimination regulations, and thereby does not discriminate on the basis of race, gender, religion, color, national origin, age, sexual orientation, or handicap disability. Government Assistance Schedule E, Part I, Line 6a Resurrection University applies for and receives educational grants, as approved on a case by case basis, from federal and state agencies. The University also participates annually in federal and state financial aid programs, specifically Pell, Federal Direct Loans, and various State of Illinois scholarship and grant programs for qualified students (i.e. IL Map). The grants and loans are reported in the University's A-133 single audit. Golf Outing 17950 10000 7950 1667 16184 5441 5385 0 17950 10000 7950 1667 16184 5441 5385 28677 -20727 true Presidents Scholarship award 103 127350 Res U Needs Awards 166 294529 Procedure for Monitoring Use of Grant Funds Inside U.S. Schedule I, Part I, Line 2 The University provides scholarships to students matriculating through its programs. All funds issued to students are required to defray the cost of tuition and no student may uase the funds for other than educational purposes. Since the students have no discretion in the use of the funds, the university does not need to monitor the grants once issued. X false true false false false false false false false Beth A Brooks 208856 0 0 0 0 0 35587 0 3 0 244446 0 0 0 Therese Scanlan EdD 168583 0 0 0 0 0 8429 0 22065 0 199077 0 0 0 Sandie Soldwisch PhD 138968 0 0 0 0 0 6948 0 7574 0 153490 0 0 0 SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN SCHEDULE J, PART I, LINE 4B Beth Brooks, President, participated in the University's Section 457(F) plan and earned uninvested benefits during calendar 2012 in the amount of $25,200. Members or Stockholders Form 990, Part VI, Line 6 The University shall have one member, which shall be the system parent Resurrection Health Care Corporation (the "Member"). New members may be admitted only by the written consent of the sole Member. Members or Stockholders Who May Elect Form 990, Part VI, Line 7a The annual meeting of the Member, for the purpose of approving the election of the Directors of the University of the Board and the transaction of such other business as shall properly come before the member, shall be held at such date, time, and place as shall be determined by the Chairperson of the Member, or on such other date, and at such time and place, as is determined in accordance with the Member's bylaws or my resolution of the Member's Board of Directors (the "Member Board"). The Member shall act hereunder by duly authorized resolution of the Member Board at a meeting, or by unanimous written consent without a meeting, or to the extent permitted by the Member's Bylaws and the Illinois Not For Profit Corporation Act, by duly authorized resolution or unanimous written consent of the Executive Committee of the Member, provided that the Member Board, by resolution, may delegate to the President of the Member the authority to approve certain actions consistent with the Member Board's delegation authority under the Member's Bylaws and state law. Actions by the Member shall be documented in the Member's minute book, and communicated by the Member's President or Secretary to the University President. Decisions Subject to Approval Form 990, Part VI, Line 7b The University Board shall not be authorized to act in connection with the following without the approval of the Member: Acquisition of capital assets not included in the Annual Capital Budget required pursuant to Section 7.7; The approval of a sale of significant assets, a merger, consolidation, reorganization, dissolution, or liquidation with respect to the University, provided that for purposes of this Section 3.3, "significant assets" shall mean assets which are necessary for the operations of the University, unless such assets are sold in the ordinary course of business, pursuant to approved budgets, or replaced with substantially similar assets; The incurrence of any indebtedness or modification of any existing debt facility; provided, however, the University may enter into operating leases in the ordinary course of business from time to time without the consent of the Member; Invest in or acquire any debt or equity securities issued by a third party, other than investments within the guidelines of the investment policy established for the University consistent with the social responsibility and general prudent investment guidelines for all Member's affiliate corporations and routine investment of excess cash or reserves; Amend the Articles of Incorporation of the University; Set up a subsidiary of the University or otherwise enter into a joint venture with an unrelated third party, or invest in or own all or a portion of the shares, securities, or equity interest in another entity; Select of modify any business name or logo of the university, including any d/b/a names; or take any action not in the ordinary course of the University's business or any action that may adversely impact any of the Member's rights as a member of the University, whether pursuant to the Illinois Not for Profit Corporation Act or under these Bylaws. Form 990 Review Process Form 990, Part VI, Line 11b Prior to filing the Form 990, it was reviewed and approved by the University's Finance, Audit, and Compliance committee. The review involved an in-depth presentation by University staff to the Committee. The Committee also reviewed the overall accuracy and completeness of the 990. Prior to filing the Form 990, the draft return was also provided to the remainig voting members of the University's Governing Body. They reviewed the draft return for overall accuracy and completeness. The President and CFO also reviewed the 990 for overall accuracy and completeness. Conflict of Interest Policy Monitoring & Enforcement Form 990, Part VI, Line 12c Any Director, Officer, committee member, or employee who has a financial or personal interest (as defined in Section 6.3 below) in a contract or other transaction presented to the University Board or a committee thereof, or to the University President or other authorized Officer for authorization, approval, or ratification, shall make a prompt and full disclosure of such interest to such authorizing body or Officer prior to such a body's or Officer's formal consideration of and action on such contract or transaction. Such disclosure shall include any relevant and material facts known to such person about the contract or transaction which might reasonably be construed to be adverse to the University's interest. If the disclosure is made to the University Board or a committee thereof by a University Board or committee member, such body shall determine, by a majority vote (at a meeting at which the person with the potential conflict is not present, except to the extent necessary to respond to questions regarding the potential conflict and does not vote), whether the disclosure shows that a conflict of interest exists or may reasonably be construed to exist. If a conflict is deemed to exist the Director or committee member having the conflict shall not vote on, nor use his or her personal influence on, nor be present or otherwise participate in, the discussions or deliberations with respect to such contract or transaction. Such person shall not be counted in determining the existence of a quorum at any meeting where the contract or transaction is under discussion. The minutes of the meeting shall reflect the disclosure made, any vote thereon and, where applicable, the abstention from voting and participation, and whether a quorum was present. Each Director, committee member, Officer, and key employee of the University shall complete an annual disclosure form as may be adopted from time to time by the University Board, for the purpose of disclosing any interest of such individual in any contract to which the University is a party or in any transaction, business relaitonship, or other matter in which the University is involved. Process for Determining Compensation Form 990, Part VI, Line 15a Compensation for the University's President and other officers is determined annually in accordance with written policies and procedures adopted by its board of directors. The University uses market data pulled from compensation figures of local and like-kind higher education institutions to establish base salaries, benefits, and total compensation opportunities. The board of directors' review process and documentation are formalized in a letter to the president and in the board minutes. Process for Determining Compensation Form 990, Part VI, Line 15b Compensation for other executives are reviewed and approved by the Board through the annual budget process. The University has engaged with an independent consultant to perform a thorough compensation review of the current executive team during the current fiscal year (2014). How Documents are Made Available to the Public Form 990, Part VI, Line 19 No documents available to the public. Presence RHC Corporation 7435 West Talcott Avenue Chicago IL 60631 362235165 Health Care IL 501(c)(3) 03 PresHthNtwk false Sts Mary & Elizabeth Medical Center 2233 West Division Street Chicago IL 60622 362171079 Health Care IL 501(c)(3) 03 PRHCC false Presence Health Network 7435 West Talcott Avenue Chicago IL 60631 361649520 Health Care IL 501(c)(3) 03 NA false Medicare Value Partners 100 North River Road Des Plaines IL 60016 363495969 Health Care IL 501(c)(3) 03 PRHCC false Presence Holy Family Med Center 100 North River Road Des Plaines IL 60016 362439318 Health Care IL 501(c)(3) 03 PRHCC false Presence Our Lady of Resurr Med Center 5645 West Addison Street Chicago IL 60634 362644178 Health Care IL 501(c)(3) 03 PRHCC false Presence Ambulatory Services 7435 West Talcott Avenue Chicago IL 60631 364286236 Health Care IL 501(c)(3) 03 PRHCC false Resurrection Development Fndn BOT 150 North River ROad Des Plaines IL 60016 363330929 Fundraising IL 501(c)(3) 07 PRHCC false Presence Home Care Services 5747 West Dempster Morton Grove IL 60053 362893936 Home Care IL 501(c)(3) 03 PRHCC false Presence Resurrection Med Center 7435 West Talcott Avenue Chicago IL 60631 363330926 Health Care IL 501(c)(3) 03 PRHCC false Presence RHC Senior Services 7345 West Talcott Avenue CHicago IL 60631 237061646 Nursing IL 501(c)(3) 03 PRHCC false Presence Healthcare Services 7447 West Talcott Avenue Chicago IL 60631 363330928 Health Care IL 501(c)(3) 03 PRHCC false Presence Saint Francis Hospital 355 Ridge Avenue Evanston IL 60202 362167800 Health Care IL 501(c)(3) 03 PRHCC false Saint Joseph Hospital Chicago 2900 North Lake Shore Drive Chicago IL 60657 363200170 Health Care IL 501(C)(3) 03 PRHCC false Mount Loretto Nursing Home Inc 302 Swart Hill Road Amsterdam NY 12010 141363014 Senior Living IL 501(c)(3) 03 RM New York false Provena Care Home 19065 Hickory Creek Drive Mokena IL 60448 460483587 Health Care IL 501(c)(3) 09 PLC false Precense PRV Health 9223 W St Francis Road Frankfort IL 60423 363366652 Health Care IL 501(c)(3) 11 PHN false Presence Home Care 19065 Hickory Creek Drive Mokena IL 60448 460483581 Health Care IL 501(c)(3) 09 PLC false Presence Hospitals PRV 9223 W St Francis Road Frankfort IL 60423 364195126 Health Care IL 501(c)(3) 03 PPRVH false Laverna Terrace Housing Corp 19065 Hickory Creek Drive Mokena IL 60448 363438977 Senior Living IL 501(c)(3) 09 PHPRV false Provena Self-Insurance Trust 9223 W St Francis Road Frankfort IL 60423 362987310 Insurance IL 501(c)(3) 09 PPRVH false Presence Life Connections 19065 Hickory Creek Drive Mokena IL 60448 371127787 Health Care IL 501(c)(3) 07 PPRVH false Presence Behavioral health 1820 South 25th Avenue Broadview IL 60155 362709982 Health Care IL 501(c)(3) 03 PHS false Resurrection Nursing Home Inc 90 North Main Street Castleton NY 12033 141348691 Nursing IL 501(c)(3) 03 RM New York false Saint Francis Hospital Aux of Evanston 355 Ridge Avenue Evanston IL 60202 366143349 Fundraising IL 501(c)(3) 07 PSFH false Rainbow Hospice & Pall Care 1550 Bishop Court Mt prospect IL 60056 363296367 Hospice IL 501(c)(3) 09 PHCS false Presence Nazarethville 300 North River Road Des plaines IL 60016 362801392 Nursing IL 501(c)(3) 11, type 11 PRHC SNR SRV false L Gilbraith Insurance SPC LTD 68 W Bay Rd PO BOX 1109 Grand Cayman CJ Insurance CJ PRHCC FORIEGN COMPANY 0 0 0.00000 false Resurrection Ministries of New York 90 North Main Street Castleton NY 12033 141720818 Parent Corp NY PRHCC C Corp 0 0 0.00000 false Presence Health Care Preferred 100 North River ROad Des Plaines IL 60016 363974620 MGD Care Contract IL PRHCC C Corp 0 0 0.00000 false Provena Assurance Corporation 9223 W St Francis Road Frankfort IL 60423 980420054 Medical IL PPRVH C Corp 0 0 0.00000 false Presence properties Inc 9223 W St Francis Road Frankfort IL 60423 363520630 Medical IL PPRVH C Corp 0 0 0.00000 false Presence Service Corporation 9223 W St Francis Road Frankfort IL 60423 364314354 Medical IL PHPRV C Corp 0 0 0.00000 false Presence ventures Inc 9223 W St Francis Road Frankfort IL 60423 371168085 Medical IL PPRVH C Corp 0 0 0.00000 false Resurrection Medical Center AUX 7435 West talcott Avenue Chicago IL 60631 366109825 Fundraising IL PRHCC C Corp 0 0 0.00000 false false false false false false false false false false false true false true false false true false false false