2012-03-01T13:25:14-06:00 2011-06-30 BAKER TILLY VIRCHOW KRAUSE LLP 225 S 6TH ST STE 2300 MINNEAPOLIS MN 55402 990 2010-07-01 941156599 SAINT MARY'S COLLEGE OF CALIFORNIA SAIN 9256314571 PO BOX 3554 MORAGA CA 945753554 PETER A MICHELL 9256314571 2012-03-01 1 LAWRENCE H MOHR CPA 6128764500 2010 2016-02-24 21:20:13Z PETER A MICHELL PO BOX 3554 MORAGA CA 94575 195441729 0 X WWW.STMARYS-CA.EDU X 1863 CA INSTRUCTIONAL, DEPARTMENTAL RESEARCH, STUDENT AID, LIBRARY AND AUXILIARY SERVICES SUCH AS DINING AND RESIDENCE HALLS. 23 21 2147 25 -60120 -75026 5488264 25899527 119618706 136281644 2583515 5144301 497766 394001 128188251 167719473 31777216 37158541 0 0 64202470 67270019 13980 95545 4369393 36943569 41088746 132937235 145612851 -4748984 22106622 263387131 295356981 108093128 101260694 155294003 194096287 SAINT MARY'S COLLEGE OF CALIFORNIA IS AN INSTITUTION OF HIGHER EDUCATION THAT GRANTS ASSOCIATE, BACCALAUREATE, AND MASTERS DEGREES IN LIBERAL ARTS, SCIENCE, BUSINESS ADMINISTRATION AND EDUCATION, INCLUDING A DOCTORATE IN EDUCATION. 0 0 120665441 37158541 136226613 HIGHER EDUCATION: INSTRUCTION, DEPARTMENTAL RESEARCH, STUDENT AID, LIBRARY, ART GALLERY, RESIDENCE HALLS, DINING, INTERCOLLEGIATE ATHLETICS, AND STUDENT SERVICES FOR 3,917 STUDENTS 120665441 1 1 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 1 0 0 1 0 1 X 294 2 1 2147 1 1 1 1 CJ 0 0 0 1 1 0 0 0 0 X 23 21 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X PETER A MICHELL 9256314571 1928 ST MARYS RD MORAGA CA 94556 BR RONALD GALLAGHER FSC 40.00 X X 0 0 0 JAMES BAHAN 1.00 X 0 0 0 BR STANISLAUS CAMPBELL FSC 1.00 X 0 0 0 BR DONALD MANSIR FSC 1.00 X 0 0 0 ROBIN JOHN DRISCOLL 1.00 X 0 0 0 SANDRA J FEASTER 1.00 X 0 0 0 GARTH FLINT 1.00 X 0 0 0 LOUISA GARAVENTA-BINSWANGER 1.00 X 0 0 0 RUSSELL HARRISON 1.00 X 0 0 0 PETER KELLY 1.00 X 0 0 0 REV PATRICK LABELLE 1.00 X 0 0 0 MEGHAN LEADER 1.00 X 0 0 0 PHILIP LEBHERZ 1.00 X 0 0 0 JOHN MACKEN 1.00 X 0 0 0 BR WILLIAM MANN FSC 1.00 X 0 0 0 THOMAS P O'DONNELL 1.00 X 0 0 0 GEORGE SCHMITT 1.00 X 0 0 0 STEVE SMITH 1.00 X 0 0 0 BR STAN SOBCZYK 1.00 X 0 0 0 RICHARD SPENCER 1.00 X 0 0 0 RAYMOND SYUFY 1.00 X 0 0 0 BR GEORGE VANGRIEKEN FSC 1.00 X 0 0 0 RAND MORIMOTO 1.00 X 0 0 0 MICHAEL BESEDA 40.00 X 167611 0 24800 KEITH BRANT 40.00 X 201871 0 35920 JANE CAMARILLO 40.00 X 147574 0 25665 BETHAMI DOBKIN 40.00 X 211298 0 39087 PETER MICHELL 40.00 X 218152 0 31873 CAROLE SWAIN 40.00 X 144369 0 18109 FRANCES SWEENEY 40.00 X 158311 0 26302 RANDALL BENNETT 40.00 X 458572 0 58809 GUIDO KRICKX 40.00 X 162306 0 20091 NANCY SORENSON 40.00 X 170762 0 30446 MARK ORR 40.00 X 161493 0 34480 SHYAM KAMATH 40.00 X 139709 0 16576 DR ALIREZA REZAPOUR 40.00 X 143179 0 22870 EDWARD BIGLIN 40.00 X 138650 0 18497 SHARON OTTO 40.00 X 147746 0 55057 STEPHEN WOOLPERT 40.00 X 137462 0 27609 2909065 0 486191 83 1 1 1 SODEXO INC FOOD SERVICE MANAGEMENT NO 43283 LOS ANGELES CA 90088 FOOD SERVICE 4638324 ABLE BUILDING MAINTENANCE CO 868 FOLSOM STREET SAN FRANCISCO CA 94107 BUILDING MAINTENANCE 2057716 STUDY ABROAD ITALY 7151 WILTON AVENUE STE 202 SEBASTOPOL CA 95472 STUDY ABROAD PROGRAM 831265 WILLIAM FULLER & ASSOCIATES 2954 TREAT BLVD STE F CONCORD CA 94518 CONSTRUCTION SERVICES 598087 KPT MARKETING 3685 MT DIABLO BLVD STE 255 LAFAYETTE CA 94549 MARKETING/ADVERTISING 492266 22 177980 25721547 25610 25899527 TUITION AND FEES 541900 114569462 114569462 AUXILIARY INCOME 611710 19115024 19115024 ATHLETICS 711210 1185477 1176162 9315 GRANT AND CONTRACT REV 541900 940264 940264 OTHER PROGRAM SERVICE 611710 425701 425701 45716 45716 136281644 2715867 -69435 2785302 102500 102500 222914 21311 201603 201603 201603 29876731 27448297 2428434 2428434 2428434 342546 177980 252648 89898 89898 167719473 136226613 -60120 5653453 37158541 37158541 1754741 351631 1167440 235670 50739291 41049565 7319893 2369833 2533986 2050068 365565 118353 8545669 5349282 2798217 398170 3696332 2990440 533251 172641 461666 461666 111841 111841 95545 95545 608696 608696 8525460 7482305 925896 117259 2301781 1725305 287533 288943 3051439 1923326 880949 247164 1420852 502359 918493 4952305 4686746 265483 76 1793408 1787292 6116 669319 436674 140165 92480 3492616 2581520 911096 6707854 5683533 1024321 1308293 244956 1063337 MISCELLANEOUS 5683216 4661898 788059 233259 145612851 120665441 20578017 4369393 9496360 16962203 4071101 15072176 1680413 2297031 2019566 2073948 1562632 1500894 206889020 87020200 125495152 119868820 102939889 120365924 13346000 14520791 2776018 2695194 263387131 295356981 5920167 6239330 5532731 5460828 70784434 69064863 1050000 945000 3357550 263517 21448246 19287156 108093128 101260694 X 53209533 61374650 14611575 43710971 87472895 89010666 155294003 194096287 263387131 295356981 X 22106622 16695662 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 110127053 2195996 20941115 5372809 127891355 106298995 3787471 5468717 5428130 110127053 148650269 583522 -36449839 6484957 106298995 0.18000 0.72000 0.00000 0 0 1336000 1336000 170272897 64513927 105758970 12270440 7434729 4835711 19798249 15071544 4726705 3211434 3211434 119868820 FEDERAL GOVERNMENT GRANTS REFUNDABLE 1743868 LIABILITY UNDER TRUST AGREEMENTS 2197308 ASSET RETIREMENT OBLIGATIONS 2483627 POST RETIREMENT BENEFITS PAYABLE 3611171 INTEREST RATE SWAP PAYABLE 9251182 19287156 167719473 145612851 22106622 16449424 246238 16695662 38802284 146747933 16449424 100035 1996076 18545535 128202398 608696 38908379 39517075 167719473 107945649 100035 100035 107845614 608696 37158541 37767237 145612851 PART III, LINE 4: CONTRIBUTIONS OF WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS HELD AS PART OF A COLLECTION FOR EDUCATION, RESEARCH, OR PUBLIC EXHIBITION RATHER THAN FOR SALE, ARE NOT RECOGNIZED OR CAPITALIZED. SIGNIFICANT CONTRIBUTIONS OF WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS NOT HELD AS A PART OF A COLLECTION ARE RECORDED AS REVENUE AND ASSETS AT THEIR ESTIMATED FAIR VALUE AT THE DATE OF RECEIPT BASED UPON APPRAISALS OR SIMILAR VALUATIONS. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: SCHOLARSHIPS, SUPPORT OF ACADEMIC PROGRAMS AND FACULTY DEVELOPMENT PART XI, LINE 8 - OTHER ADJUSTMENTS: NET UNREALIZED GAIN ON INTEREST RATE EXCHANGE 1,706,226. ACTUARIAL ADJUSTMENT 289,850. WRITE OFF OF CONSTRUCTION IN PROGRESS -1,749,838. PART XII, LINE 2D - OTHER ADJUSTMENTS: ACTUARIAL ADJUSTMENT 289,850. UNREALIZED GAIN ON INTEREST RATE EXCHANGE 1,706,226. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 37,158,541. WRITE OFF OF CONSTRUCTION IN PROCESS 1,749,838. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 37,158,541. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE COLLEGE REGULARLY ADVERTISES ITS PROGRAMS AND POSITIONS AVAILABLE AT THE COLLEGE IN NEWSPAPERS. THESE ADVERTISEMENTS ALWAYS CONTAIN LANGUAGE PUBLICIZING OUR RACIALLY NONDISCRIMINATION POLICY. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES SUPPORT FROM THE UNITED STATES GOVERNMENT IN CONNECTION WITH STUDENT AID PROGRAMS SUCH AS FEDERAL WORK STUDY, PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, NATIONAL SCIENCE AND MATHEMATICAL ACCESS TO RETAIN TALENT GRANTS, ACADEMIC COMPETITIVENESS GRANTS, AND PERKINS LOANS. THE TOTAL FEDERAL EXPENDITURES WERE $43,109,895. NORTH AMERICA 0 0 INVESTMENT ACTIVITIES 137715 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENT ACTIVITIES 0 0 0 0 0 0 137715 0 137715 1 0 0 1 0 0 OTHER INFORMATION SCHEDULE F, PART V SAINT MARY'S COLLEGE OF CALIFORNIA INVESTS IN FOREIGN BASED FUNDS THROUGH THE COLLEGE'S PASSTHROUGH INVESTMENTS. X X X X X X X 1 RUFFALO CODY PO BOX 3018 CEDAR RAPIDS IA 52401 PHONE SOLICITATION 0 276042 95545 180497 276042 95545 180497 CA AL FL GA HI KS KY LA NJ NM NC ND OH PA RI SC TN WI DE ID IN IA MT NE NV SD TX VT WY GAEL GOLF CLASSIC 103260 56700 46560 6688 27359 385 16270 PAT VINCENT DINNER 78610 33015 45595 4160 15184 4065 10 338656 88265 250391 20600 13957 25677 70651 648 47003 520526 177980 342546 20600 24805 53036 86220 648 67338 252647 89899 1 STUDENT SCHOLARSHIPS 2021 37158541 0 N/A N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE COLLEGE'S FINANCIAL AID OFFICE HAS A SET OF CRITERIA BY WHICH COLLEGE AID IS AWARDED TO STUDENTS. THE FINANCIAL AID OFFICE MAINTAINS RECORDS OF ALL STUDENT AID AWARDED AND SUBSTANTIATION FOR THE AWARDS. X X 1 1 X X 0 0 0 0 0 0 0 0 0 MICHAEL BESEDA 164324 0 1680 0 1607 0 17164 0 7636 0 192411 0 0 0 KEITH BRANT 193495 0 1680 0 6696 0 19213 0 16707 0 237791 0 0 0 JANE CAMARILLO 145206 0 1680 0 688 0 16107 0 9558 0 173239 0 0 0 BETHAMI DOBKIN 206618 0 1680 0 3000 0 19825 0 19262 0 250385 0 0 0 PETER MICHELL 213136 0 1680 0 3336 0 20066 0 11807 0 250025 0 0 0 CAROLE SWAIN 141540 0 1680 0 1149 0 15882 0 2227 0 162478 0 0 0 FRANCES SWEENEY 156021 0 1680 0 610 0 16700 0 9602 0 184613 0 0 0 RANDALL BENNETT 340240 0 91680 0 26652 0 32725 0 26084 0 517381 0 0 0 GUIDO KRICKX 159804 0 1680 0 822 0 16892 0 3199 0 182397 0 0 0 NANCY SORENSON 169033 0 0 0 1729 0 17487 0 12959 0 201208 0 0 0 MARK ORR 157962 0 1680 0 1851 0 15703 0 18777 0 195973 0 0 0 SHYAM KAMATH 137671 0 1680 0 358 0 15636 0 940 0 156285 0 0 0 DR ALIREZA REZAPOUR 141033 0 1680 0 466 0 14394 0 8476 0 166049 0 0 0 EDWARD BIGLIN 135189 0 1680 0 1781 0 12101 0 6396 0 157147 0 0 0 SHARON OTTO 96505 0 0 0 51241 0 49808 0 5249 0 202803 0 0 0 STEPHEN WOOLPERT 134021 0 1680 0 1761 0 14251 0 13358 0 165071 0 0 0 SUPPLEMENTAL INFORMATION PART III COMPENSATION INFORMATION REGARDING CERTAIN EMPLOYEES: RANDALL BENNETT - BONUS AND INCENTIVE COMPENSATION INCLUDES $70,000 FOR SUMMER CAMPS, NCAA BONUS OF $20,000, AND SALARY SUPPLEMENT OF $1,680. OTHER COMPENSATION INCLUDES $25,000 AS PART OF AN ENDORSEMENT CONTRACT ENTERED INTO BY RANDALL BENNETT WITH ADIDAS, AN UNRELATED ORGANIZATION TO THE COLLEGE. SHARON OTTO - OTHER COMPENSATION INCLUDES $51,011 OF SEVERANCE PAY, AND TAXABLE GROUP LIFE OF $230. RETIREMENT AND OTHER DEFERRED COMPENSATION INCLUDES A LUMP SUM EMERITI CONTRIBUTION OF $36,583.43 FOR 5 YEARS OF HEALTH INSURANCE. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130178PR1 2007-08-30 71100000 SEE SCHEDULE O 1 1 0 71100000 44085439 986960 1197000 24830601 2009 1 1 1 1 0 0 1 0 1 0.00000 0.00000 0.00000 1 0 1 1 BANK OF NEW YORK MELLON 34.000000000000 0 0 1 TRINITY PLUS FUNDING 2.000000000000 1 0 0 GEORGE SCHMITT TRUSTEE 2598521 MANAGING DIRECTOR OF PRIVATE EQUITY INVESTMENT IN ENDOWMENT FUND. THE VALUE OF THE FUND IS $2,598,521. 0 PHILIP LEBHERTZ TRUSTEE 45810 BROTHER OF COLLEGE'S ARTIST IN RESIDENCE WHO HAS A CONTRACT IN AN AMOUNT OF $45,810. 0 BROTHER STANISLAUS CAMPBELL TRUSTEE 0 SERVES AS PRESIDENT OF DE LA SALLE INSTITUTE 0 X 14 0 X 6 25807 FAIR MARKET VALUE 6 0 1 0 NON REPORTING OF REVENUE: PART I, LINE 33: ON CAMPUS ART GALLERY RECEIVED 14 SEPARATE GIFTS OF ART FOR WHICH ZERO REVENUE WAS REPORTED ON THE FORM 990. INTEREST IN FINANCIAL ACCOUNT IN FOREIGN COUNTRY FORM 990, PART V, LINE 4B THE COLLEGE IS SOMETIMES REQUIRED TO POST COLLATERAL WITH BANK OF NEW YORK MELLON AS A RESULT OF THE VALUATION OF THE SWAP. WHEN COLLATERAL IS REQUIRED, BANK OF NEW YORK MELLON PLACES THESE FUNDS IN AN ACCOUNT IN THE CAYMAN ISLANDS. FORM 990, PART VI, SECTION A, LINE 2 THE COLLEGE HAS THREE TRUSTEES WHO ARE ALSO ON THE BOARD OF TRUSTEES OF DE LA SALLE INSTITUTE: BROTHER RONALD GALLAGHER FSC, BROTHER STANISLAUS CAMPBELL FSC, AND BROTHER GEORGE VAN GRIEKEN FSC. FORM 990, PART VI, SECTION A, LINE 6 THE GOVERNANCE OF THE COLLEGE PER ARTICLE 3 OF THE BYLAWS IS DELEGATED TO THE BOARD OF TRUSTEES WHICH CONSISTS OF 25 VOTING PERSONS. THE COLLEGE DOES HAVE MEMBERS, WHOSE RIGHTS ARE OUTLINED BELOW. FORM 990, PART VI, SECTION A, LINE 7A BY RIGHT OF OFFICE, THE BROTHER VISITOR AND THE PRESIDENT OF THE COLLEGE SHALL BE BOTH MEMBERS AND TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE POWERS OF THE MEMBERS ARE TO CONSENT TO THE AMENDMENT OF THE CORPORATION'S ARTICLES, REPEAL THE BYLAWS, CONSENT TO ANY AMENDMENTS TO THE BYLAWS WHICH ADVERSELY AFFECT THE RIGHTS OF THE MEMBERS, CONSENT TO THE DISSOLUTION OF THE CORPORATION, CONSENT TO THE MERGER OF THE CORPORATION OR TO THE SALE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES MEETS EACH JANUARY TO REVIEW THE FORM 990 THAT HAS BEEN GENERATED BY MANAGEMENT AND REVIEWED BY THE COLLEGE'S OUTSIDE AUDITORS. THE FORM 990 WILL ALSO BE POSTED ON THE BOARD OF TRUSTEES' SECURED WEBSITE FOR ALL TRUSTEES TO REVIEW IN TIME FOR THEIR JANUARY MEETING. THE COLLEGE THEN FILES THE FORM 990 AFTER THIS REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE'S CONFLICT OF INTEREST POLICY IS PUBLISHED IN THE STAFF HANDBOOK. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY REVIEWS AND RECOMMENDS COMPENSATION FOR THE PRESIDENT AND VICE PRESIDENT FOR FINANCE. SUCH RECOMMENDATIONS GO TO THE FULL BOARD OF TRUSTEES FOR APPROVAL PRIOR TO THE BEGINNING OF THE FISCAL YEAR. THE ANNUAL REVIEW PROCESS CONDUCTED BY THE EXECUTIVE COMMITTEE INCLUDES SALARY AND BENEFITS DATA FOR SIMILAR POSITIONS AT THE OTHER SIMILAR PRIVATE COLLEGES AND UNIVERSITIES IN THE STATE OF CALIFORNIA. THIS DATA IS INDEPENDENTLY GATHERED BY THE ASSOCIATION OF INDEPENDENT CALIFORNIA COLLEGES AND UNIVERSITIES (AICCU). THE COMPENSATION FOR ALL OTHER STAFF IS BASED UPON THE COLLEGE'S COMPENSATION SYSTEM THAT HAS DEVELOPED SALARY GRADES THAT INCLUDE COMPARABLE JOBS, WITH SALARY RANGES BENCHMARKED COMPETITIVELY WITH SALARY SURVEY DATA FROM SIMILAR INSTITUTIONS IN THE STATE OF CALIFORNIA. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE'S FINANCIAL STATEMENTS AND PUBLIC VERSION OF FORM 990 ARE AVAILABLE ON THE COLLEGE'S WEBSITE. THE ARTICLES OF INCORPORATION ARE AVAILABLE THROUGH THE SECRETARY OF STATE. THE COLLEGE'S CONFLICT OF INTEREST POLICY IS PUBLISHED IN THE STAFF HANDBOOK. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 16,449,424. NET UNREALIZED GAIN ON INTEREST RATE EXCHANGE 1,706,226. ACTUARIAL ADJUSTMENT 289,850. WRITE OFF OF CONSTRUCTION IN PROGRESS -1,749,838. TOTAL TO FORM 990, PART XI, LINE 5: 16,695,662. FORM 990, PART XII, LINE 2C THE SELECTION AND OVERSIGHT PROCESS FOR THE AUDIT OF THE FINANCIAL STATEMENTS HAVE NOT CHANGED. EMPLOYERS-CONTRIBUTION VEBA TRUST FOR ST MARY'S COLLEGE OF CA 1928 SAINT MARYS RD MORAGA CA 94556 047025792 VEBA TRUST CA 501(C)(9) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 EMPLOYERS-CONTRIBUTION VEBA TRUST FOR ST MARY'S COLLEGE OF CALIFORNIA B 906799 CASH CONTRIBUTIONS