2026-04-14T09:58:17-05:00 2025-05-31 390859910 BAKER TILLY ADVISORY GROUP LP 225 SOUTH SIXTH STREET SUITE 2300 MINNEAPOLIS MN 55402 990 2024-06-01 410695527 ST MARYS UNIVERSITY OF MINNESOTA STMA 5074571445 700 TERRACE HEIGHTS WINONA MN 559871399 FATHER JAMES BURNS PRESIDENT 5074571445 2026-03-31 1 1 KAREN A GRIES P00078514 6128764500 2026-03-31 2024 2025-03-06 01:10:19Z FATHER JAMES BURNS 700 TERRACE HEIGHTS WINONA MN 559871399 101369334 0 X WWW.SMUMN.EDU X 1912 MN SEE SCHEDULE O. 24 23 1511 27 54173 0 20337030 12966051 77487447 78613209 9146825 6387811 977510 1147938 107948812 99115009 23858498 25593388 0 0 40045832 40377573 0 0 3840281 34864326 31508576 98768656 97479537 9180156 1635472 196556373 197842358 17371008 17021521 179185365 180820837 X ENRICHED BY THE LASALLIAN CATHOLIC HERITAGE, SAINT MARY'S UNIVERSITY OF MINNESOTA AWAKENS, NURTURES, AND EMPOWERS LEARNERS TO ETHICAL LIVES OF SERVICE AND LEADERSHIP. 0 0 58067772 25593388 71630473 INSTRUCTION AND ACADEMIC SUPPORT:SAINT MARY'S UNIVERSITY OF MINNESOTA HAS TWO PRIMARY ACADEMIC UNITS: THE COLLEGE AND THE SCHOOLS OF GRADUATE AND PROFESSIONAL PROGRAMS (SGPP). THE COLLEGE CONSISTS OF THE TRADITIONAL UNDERGRADUATE BACHELOR OF ARTS EXPERIENCE BASED ON THE WINONA CAMPUS. THE SGPP INCLUDES CONTINUING EDUCATION OFFERINGS, CERTIFICATE PROGRAMS, BACHELOR OF SCIENCE COMPLETION PROGRAMS, MASTER'S PROGRAMS, EDUCATION SPECIALIST PROGRAM AND FIVE DOCTORAL PROGRAMS. ACROSS THE 12-MONTH 2024-2025 ACADEMIC YEAR THE COLLEGE ENROLLED 890 STUDENTS AND DELIVERED 25,170 INSTRUCTIONAL ACTIVITY CREDIT HOURS. THE SGPP ENROLLED 3,797 STUDENTS ACROSS THE 2024-2025 ACADEMIC YEAR AND DELIVERED 49,308 INSTRUCTIONAL ACTIVITY CREDIT HOURS. THE UNIVERSITY EXPECTS TO MAINTAIN ENROLLMENT AT SGPP IN 2025-2026. THE UNIVERSITY OFFERS 24 MAJORS WITH THE BACHELOR OF ARTS PROGRAM. THE UNIVERSITY OFFERS AN ADDITIONAL 57 PROGRAMS WITHIN THE SGPP. 12485161 265944 STUDENT SERVICES:IN 2024-2025, 316 TRADITIONAL UNDERGRADUATE STUDENTS (ABOUT 38% OF THAT POPULATION) PARTICIPATED IN 15 NCAA DIVISION III SPORTS OFFERED AT SAINT MARY'S UNIVERSITY. PARTICIPATION IN INTRAMURAL ACTIVITIES ANNUALLY IS OVER 35%. THE FINANCIAL AID OFFICE PROCESSED $69,539,660 IN LOANS, GRANTS, WORK STUDY AND SCHOLARSHIP FOR THE ENTIRE UNIVERSITY IN 2024-2025. 89 INTERNATIONAL STUDENTS WERE ENROLLED AT THE UNIVERSITY IN 2024-2025. 47 STUDENTS PARTICIPATED IN THE FIRST GENERATION INITIATIVE PROGRAM, WHICH OFFERS SELECTED STUDENTS SCHOLARSHIPS TO ATTEND THE UNIVERSITY AND SPECIAL SUPPORT ACTIVITIES WHICH INCLUDE STUDY HALLS, SPECIALIZED ADVISING AND SOCIAL ACTIVITIES WHICH PROMOTE RETENTION AND STUDENT SUCCESS. IN ADDITION STUDENT SUCCESS CENTER OFFERS ACADEMIC ADVISING AND TUTORING/LEARNING SERVICES, INCLUDING NEW STUDENT ORIENTATION TO ALL COLLEGE STUDENTS. STUDENTS CAN ALSO MAKE USE OF THE WRITING CENTER, INTERNATIONAL CENTER, CAREER SERVICES AND INTERSHIPS, RISE (RECREATION, INVOLVEMENT AND STUDENT ENGAGEMENT) AS WELL AS CAMPUS MINISTRY FOR A WELL ROUNDED COMMUNITY EXPERIENCE. 5831795 7774648 AUXILIARY SERVICES: SAINT MARYS' UNIVERSITY OF MINNESOTA OFFERS ITS WINONA UNDERGRADUATE STUDENTS A COMPREHENSIVE RESIDENTIAL LIFE EXPERIENCE. LIVING ON CAMPUS MEANS BEING PART OF A CLOSE-KNIT COMMUNITY, AND CREATING FRIENDSHIPS AND CONNECTIONS THAT LAST A LIFETIME. 81% OF STUDENTS AT THE COLLEGE, RESIDE ON CAMPUS. ELEVEN RESIDENCE HALLS ARE LOCATED ON OUR BEAUTIFUL WINONA CAMPUS, SURROUNDED BY 450 ACRES OF WOODED BLUFFS AND TRAILS. RESIDENCE OPTIONS OFFER STUDENTS A VARIETY OF TRADITIONAL SINGLE AND DOUBLE OCCUPANCY ROOMS, SUITES, AND APARTMENT-STYLE OPTIONS. SAINT MARYS' UNIVERSITY OF MINNESOTA OFFERS THREE CONVENIENT ON-CAMPUS DINING OPTIONS, TONER STUDENT CENTER DINING HALL, CARDINAL CAFE, AND CARDINAL COFFEE. SEVERAL MEAL PLANS ARE TAILORED TO MEET EACH STUDENT'S NEEDS AND SCHEDULES. STUDENTS CAN ALSO UTILIZE A NEW MARKET, WHICH CONTAINS A VARIETY OF CONVENIENT SNACKS AND BEVERAGES. 76384728 1 1 0 1 0 0 0 1 1 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 140 0 1511 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 24 23 0 0 1 0 1 1 0 1 0 0 0 0 1 1 1 1 1 1 0 0 AK CO DC IL MA MD MI MN ND NH NY OH SC WA X DAVID ANSELL 5074571417 700 TERRACE HEIGHTS WINONA MN 55987 BURNS FATHER JAMES PRESIDENT 40.00 X X 410706 0 72208 STEVENS GREGORY CHAIR 1.00 X X 0 0 0 LAAK MICHAEL VICE CHAIR 1.00 X X 0 0 0 SIMON SANDRA SECRETARY 1.00 X X 0 0 0 COLLETTI JEROME TREASURER 1.00 X X 0 0 0 BARRON MOST REV ROBERT TRUSTEE 1.00 X 0 0 0 BARYL JENNIFER TRUSTEE 1.00 X 0 0 0 BILSKI MATTHEW TRUSTEE 1.00 X 0 0 0 BIMONTE BRO ROBERT TRUSTEE 1.00 X 0 0 0 CERONE ROBERT TRUSTEE 1.00 X 0 0 0 CURRAN BRO JACK TRUSTEE 1.00 X 0 0 0 FEHRENBACH BRO MICHAEL TRUSTEE 1.00 X 0 0 0 GOSTOUT BOBBIE TRUSTEE 1.00 X 0 0 0 HAYDOCK ROGER TRUSTEE 1.00 X 0 0 0 JACOBS MARK TRUSTEE 1.00 X 0 0 0 JOHNSON BRO THOMAS TRUSTEE 1.00 X 0 0 0 KAISER JULIE TRUSTEE 1.00 X 0 0 0 LANDMAN SARAH TRUSTEE 1.00 X 0 0 0 O'HERN BRO MICHAEL TRUSTEE 1.00 X 0 0 0 POWERS SHAUN TRUSTEE 1.00 X 0 0 0 SCHIELER BRO ROBERT TRUSTEE 1.00 X 0 0 0 STEGER ANGELA TRUSTEE 1.00 X 0 0 0 TRAUSCHT ANN TRUSTEE 1.00 X 0 0 0 VAN FOSSEN MARCY TRUSTEE 1.00 X 0 0 0 BUCARO FERNANDO CFO (TERM 01/2025) 40.00 X 151515 0 11177 MERCHLEWITZ ANN SENIOR VP AND GENERAL COUNSEL 40.00 X 112026 0 25689 ANSELL DAVID ASSISTANT VP, FINANCIAL AFFAIRS 40.00 X 88189 0 29875 DIRKSEN ANDREW CHIEF OPERATIONS OFFICER 40.00 X 148898 0 10934 KLEIN GARY VP, ADVANCEMENT (TERM 05/2025) 40.00 X 240616 0 34491 GORDON LEAH PROGRAM DIR., NURSE ANETHESIOLOGY 40.00 X 193499 0 22096 MCMAHON MICHAEL VP FOR ENROLLMENT MANAGEMENT 40.00 X 168750 0 20015 GAUDERMAN JULIE ASSOC. DIR., NURSE ANETHESIOLOGY 40.00 X 167801 0 35433 ROVANG MICHELLE VP FOR UNIVERISTY RELATIONS 40.00 X 155283 0 26428 HINES SUSAN VP FOR ACADEMIC AFFAIRS 40.00 X 148041 0 18748 BONILLA MAX FORMER PROVOST 40.00 X 340649 0 13226 2325973 0 320320 38 1 1 0 RISEPOINT LLC 2803 PHILADELPHIA PIKE ST SUITE B CLAYMONT DE 19703 ONLINE LEARNING 4321560 WILEY 1415 WEST 22ND ST SUITE 400 OAK BROOK IL 60523 ONLINE LEARNING 3284772 CHARTWELLS 700 TERRACE HEIGHTS WINONA MN 55987 FOOD SERVICE 3045985 ADVANCE 360 PO BOX 77000 DETROIT MI 482770571 WEB DEVELOPMENT 1467400 INNOVATIVE EMPLOYEE SOLUTIONS INC PO BOX 841212 LOS ANGELES CA 900841212 CONTRACT EMPLOYER 1091327 36 2289733 10676318 329623 12966051 TUITION AND FEES 541900 69527636 69527636 AUXILIARY ENTERPRISES 611710 7774648 7774648 TECHNOLOGY FEE 541900 691000 691000 ADVANCED COLLEGE CREDI 611110 462750 462750 SPONSORED RESEARCH 541700 157175 157175 78613209 1847944 54173 1793771 424365 334283 90082 90082 90082 6459909 1920042 4539867 4539867 4539867 MISCELLANEOUS INCOME 611519 1057856 1057856 1057856 99115009 79671065 54173 6423720 25593388 25593388 1690194 691914 650737 347543 28900756 18103923 8890942 1905891 2086259 1306868 641810 137581 5236731 3280377 1611012 345342 2463633 1543261 757905 162467 23031 23031 123876 123876 202246 202246 2059872 1441910 514968 102994 2001325 1400928 500331 100066 4943118 4140346 267591 535181 2094374 1675499 314156 104719 4282941 3640500 642441 1330883 1064707 199632 66544 639064 511251 95860 31953 3365865 2860985 504880 685786 582918 102868 ONLINE FEE 5347914 4545727 802187 FOOD SERVICE 2531878 2405284 126594 EQUIPMENT RENTAL & MAIN 1280231 1088196 192035 SPECIAL PROGRAMS 596172 506746 89426 97479537 76384728 17254528 3840281 21121762 28450054 11286000 6783300 5681050 5296878 1143003 1586618 172768022 84385961 93730234 88382061 55648916 62424658 7460195 4519881 288360 222508 196853 176400 196556373 197842358 3383569 3082358 475948 333934 10572862 10772476 1932 1328 2936697 2831425 17371008 17021521 X 100932520 100588076 78252845 80232761 179185365 180820837 196556373 197842358 1635472 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 135141 135141 0 PART II-B, LINE 1: LOBBYING ACTIVITIES: SAINT MARY'S UNIVERSITY OF MINNESOTA IS A MEMBER OF MINNESOTA PRIVATE COLLEGE COUNCIL (MPCC), AN ORGANIZATION DESCRIBED IN SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. MPCC IS AN ASSOCIATION OF PRIVATE NONPROFIT INSTITUTIONS OF HIGHER EDUCATION THAT SERVES A VARIETY OF ITS MEMBERS' SHARED NEEDS, INCLUDING, BUT NOT ONLY, NONPARTISAN AND NON-ELECTORAL ADVOCACY FOR PUBLIC POLICY THAT MEETS STUDENTS' NEEDS AND ADVANCES THE INTERESTS OF PRIVATE HIGHER EDUCATION. SAINT MARY'S UNIVERSITY OF MINNESOTA PAID MEMBERSHIP DUES TO MPCC IN THE AMOUNT OF $146,622 DURING THE TAXABLE YEAR. MPCC HAS DIVIDED ITS EXPENSES FOR ITS TAXABLE YEAR ENDING JUNE 30, 2025 INTO TWO GROUPS. GROUP 1 CONSISTS OF THOSE EXPENSES THAT DID NOT IN ANY WAY SUPPORT ATTEMPTS TO INFLUENCE LEGISLATION WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("LOBBYING"), AND GROUP 2 CONSISTS OF ALL OTHER EXPENSES. GROUP 2 INCLUDES MANY EXPENSES, SUCH AS PERSONNEL COSTS, THAT SUPPORTED BOTH LOBBYING AND NONLOBBYING ACTIVITIES. MPCC DID NOT ATTEMPT TO ALLOCATE THE GROUP 2 EXPENSES BETWEEN LOBBYING AND NON LOBBYING ACTIVITIES. MPCC HAS DETERMINED THAT THE AMOUNT OF THE GROUP 2 EXPENSES REPRESENTS 92.17% OF THE AMOUNT OF THE DUES THAT MPCC COLLECTED IN THE SAME TAXABLE YEAR. ASSUMING THAT ALL GROUP 2 EXPENSES WERE PAID FROM MEMBER DUES, AND ALLOCATING THOSE EXPENSES PRO RATA BASED ON THE DUES PAID BY EACH MEMBER, $135,141 OF SAINT MARY'S UNIVERSITY OF MINNESOTA'S DUES WERE USED TO PAY GROUP 2 EXPENSES. THE AMOUNT OF LOBBYING EXPENSES PAID FROM SAINT MARY'S UNIVERSITY OF MINNESOTA'S DUES WAS SIGNIFICANTLY LESS THAN THAT AMOUNT. 509015 X 0 0 1 X 71001703 3172561 5874872 3650000 459690 0 75939446 67078519 1925269 9097923 3521345 3578655 8 71001703 72547568 1979772 -1348905 3300000 2800000 84 67078519 79834314 1885888 -3603634 3069000 2500000 72547568 58898667 8202767 15800880 3068000 79834314 0.12000 0.88000 0.00000 1 0 2405662 2405662 125909887 44856396 81053491 4400254 4028137 372117 34302998 30517907 3785091 5749221 4983521 765700 88382061 ANNUITIES PAYABLE 180683 ASSET RETIREMENT OBLIGATION 1037363 CONTRACT PAYABLE 1282342 REFUNDABLE DEPOSITS 331037 2831425 X 73653658 334283 334283 73319375 202246 25593388 25795634 99115009 72018186 334283 334283 71683903 202246 25593388 25795634 97479537 PART III, LINE 4: THE ARTWORK AT THE UNIVERSITY INCLUDES PRINTS AND SCULPTURES THAT HELP TO SUPPORT OUR LASALLIAN MISSION AND ENHANCE THE SCHOLARLY ATMOSPHERE. PART IV, LINE 2B: THE UNIVERSITY HOLDS AGENCY FUNDS AND SAVINGS FOR STUDENT GROUPS. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT FUND EARNINGS ARE USED TO SUPPORT STUDENT SCHOLARSHIPS, STUDENT ASSISTANCE, AND SOME PROGRAM ENDOWMENTS. PART X, LINE 2: THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF MAY 31, 2025 AND 2024. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 334,283. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND SCHOLARSHIPS SHOWN AS A REDUCTION OF TUITION 25,593,388. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 334,283. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND SCHOLARSHIPS SHOWN AS A REDUCTION OF TUITION 25,593,388. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY INCLUDES A RACIALLY NONDISCRIMINATORY POLICY ON ALL APPLICATIONS, OUR WEBSITE, OUR UNDERGRADUATE AND GRADUATE CATALOGS AND HANDBOOKS, AND OUR EMPLOYMENT OPPORTUNITIES PAGES. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES SUPPORT FROM THE STATE OF MINNESOTA AND FROM THE UNITED STATES GOVERNMENT IN CONNECTION WITH STUDENT AID PROGRAMS SUCH AS FEDERAL AND MINNESOTA COLLEGE WORK STUDY PROGRAMS, PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS AND PERKINS LOAN FUNDS. THE UNIVERSITY ALSO RECEIVES A GRANT FROM THE STATE OF MINNESOTA BASED ON MINNESOTA RESIDENTS ENROLLED AND VARIOUS OTHER FEDERAL AND STATE EDUCATIONAL AND RESEARCH GRANTS OR SUBSIDIES. CENTRAL AMERICAN AND CARIBBEAN 0 0 PROGRAM SERVICES EDUCATION 4519881 MIDDLE EAST AND NORTH AFRICA (KUWAIT) 0 0 ONLINE EDUCATION EDUCATION 0 0 0 0 0 0 4519881 0 4519881 1 0 1 1 1 1 PART I, LINE 3: ACCRUAL METHOD SCHEDULE F, PART IV, LINE 3: THE UNIVERSITY INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN FOREIGN CORPORATIONS. HOWEVER, THE UNIVERSITY DOES NOT MEET THE FILING REQUIREMENT OF FORM 5471 AS A RESULT. SCHEDULE F, PART IV, LINE 4: THE UNIVERSITY INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN PASSIVE FOREIGN INVESTMENT COMPANIES. HOWEVER, THE PARTNERSHIPS HAVE FILED FORM 8621 ON THEIR PARTNERS' BEHALF, AND THEREFORE THE UNIVERSITY IS NOT REQUIRED TO FILE FORM 8621. SCHEDULE F, PART IV, LINE 5: THE UNIVERSITY INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN FOREIGN PARTNERSHIPS. HOWEVER, THE UNIVERSITY DOES NOT MEET THE FILING REQUIREMENT OF FORM 8865 AS A RESULT. 1 SCHOLARSHIPS AND GRANTS 1486 25593388 PART I, LINE 2: THE UNIVERSITY DISTRIBUTES SCHOLARSHIPS BASED ON NEED AND MERIT. NEED BASED SCHOLARSHIPS ARE AWARDED BY THE FINANCIAL AID OFFICE USING THE INFORMATION FROM THE RESULTS OF THE FAFSA (FREE APPLICATION FOR FEDERAL STUDENT AID). MERIT BASED SCHOLARSHIPS ARE AWARDED BY THE ADMISSIONS OFFICE USING THE INFORMATION FROM THE STUDENT'S OFFICIAL HIGH SCHOOL TRANSCRIPTS AND THE RESULTS OF THE STANDARDIZED TEST (ACT, SAT, ETC.). FOR STUDENTS RECEIVING GRANTS AND SCHOLARSHIP FUNDS WITH RENEWAL CONDITIONS, FULFILLMENT OF THOSE CONDITIONS ARE VERIFIED BY THE FINANCIAL AID ADMINISTRATOR PRIOR TO THE AWARD BEING RENEWED (GPA, YEAR OF ATTENDANCE, ETC.) X 1 1 X X 0 0 0 0 0 0 0 0 0 BURNS FATHER JAMES PRESIDENT 408817 0 0 0 1889 0 28609 0 43599 0 482914 0 0 0 BONILLA MAX FORMER PROVOST 92723 0 0 0 247926 0 6890 0 6336 0 353875 0 0 0 KLEIN GARY VP, ADVANCEMENT (TERM 05/2025) 239584 0 0 0 1032 0 18138 0 16353 0 275107 0 0 0 GORDON LEAH PROGRAM DIR., NURSE ANETHESIOLOGY 193236 0 0 0 263 0 14469 0 7627 0 215595 0 0 0 GAUDERMAN JULIE ASSOC. DIR., NURSE ANETHESIOLOGY 167650 0 0 0 151 0 12956 0 22477 0 203234 0 0 0 MCMAHON MICHAEL VP FOR ENROLLMENT MANAGEMENT 168605 0 0 0 145 0 12393 0 7622 0 188765 0 0 0 ROVANG MICHELLE VP FOR UNIVERISTY RELATIONS 154966 0 0 0 317 0 12028 0 14400 0 181711 0 0 0 HINES SUSAN VP FOR ACADEMIC AFFAIRS 146796 0 0 0 1245 0 10875 0 7873 0 166789 0 0 0 BUCARO FERNANDO CFO (TERM 01/2025) 151294 0 0 0 221 0 11070 0 107 0 162692 0 0 0 DIRKSEN ANDREW CHIEF OPERATIONS OFFICER 148787 0 0 0 111 0 10807 0 127 0 159832 0 0 0 PART I, LINE 1A JAMES BURNS HAS USE OF A HOUSE ON THE WINONA CAMPUS AND A CONDO NEAR THE TWIN CITIES CAMPUS. $36,000 OF EMPLOYER PAID HOUSING IS INCLUDED IN HIS NON-TAXABLE BENEFITS IN COLUMN D OF PART II. X 13 329623 FAIR MARKET VALUE 0 0 1 1 PART I, COLUMN (B): THE UNIVERSITY IS REPORTING NUMBER OF CONTRIBUTIONS IN COLUMN (B). PART I, LINE 32B: SAINT MARY'S UNIVERSITY OF MINNESOTA'S POLICY IS TO SELL ALL STOCK GIFTS RECEIVED AT THE TIME OF RECEIPT. FORM 990, PART I SAINT MARY'S UNIVERSITY OF MINNESOTA IS A PRIVATE CATHOLIC INSTITUTION THAT SERVES ABOUT 3,900 STUDENTS ANNUALLY. THE UNIVERSITY OFFERS A COMPREHENSIVE, PERSONALIZED EDUCATION GUIDED BY ITS LASALLIAN CATHOLIC HERITAGE. WITH A WIDE ARRAY OF PROGRAMS FOR ALL STUDENTS AT EVERY STAGE OF THEIR LIVES, FROM UNDERGRADUATE TO DOCTORATE, SAINT MARY'S RELEVANT AND REPUTABLE PROGRAMS, REAL-WORLD EXPERIENCES, AND CARING FACULTY HELP STUDENTS ACHIEVE THEIR GOALS. THE UNIVERSITY HAS CAMPUSES IN WINONA, MINNEAPOLIS, AND ROCHESTER. SAINT MARY'S UNDERGRADUATE LIBERAL ARTS COLLEGE OFFERS A VARIETY OF MAJORS AT ITS STUNNING 450-ACRE WINONA CAMPUS, SERVING ABOUT 850 STUDENTS. THE VIBRANT COLLEGE BOASTS CHALLENGING ACADEMIC PROGRAMS AND A TRADITIONAL RESIDENTIAL EXPERIENCE. THE SCHOOLS OF GRADUATE AND PROFESSIONAL PROGRAMS OFFERS BACHELOR'S COMPLETION, MASTER'S AND DOCTORAL DEGREES, AND ACCELERATED GRADUATE CERTIFICATE PROGRAMS, SERVING ABOUT 3,000 STUDENTS EACH YEAR. SAINT MARY'S OFFERS FLEXIBLE COURSE SCHEDULES, DIVERSE LEARNING FORMATS, MULTIPLE START DATES THROUGHOUT THE YEAR, AND ONLINE PROGRAMS FOR WORKING ADULTS, IMPROVING ACCESS TO A QUALITY EDUCATION FOR LEARNERS AT ALL STAGES OF LIFE. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE HAS THE FULL POWERS OF THE BOARD TO TAKE SUCH ACTION AS MAY BE NECESSARY OR APPROPRIATE IN THE EVENT OF AN EMERGENCY OR OTHER EXIGENT CIRCUMSTANCES, AS DETERMINED BY EITHER THE PRESIDENT OR THE CHAIR. THE COMMITTEE CONSISTS OF THE CHAIR, THE VICE CHAIR, THE PRESIDENT, THE SECRETARY, THE TREASURER, THE CHAIR OF EACH OF THE STANDING COMMITTEES, THE IMMEDIATE PAST-CHAIR OF THE BOARD IF THAT PERSON IS STILL SERVING ON THE BOARD, AND THE PROVINCIAL OF THE MIDWEST DISTRICT OF THE BROTHERS OF THE CHRISTIAN SCHOOLS. FORM 990, PART VI, SECTION A, LINE 4 THE ARTICLES OF INCORPORATION WERE REVISED TO PROVIDE AS FOLLOWS: THE MANAGEMENT OF THE CORPORATION SHALL BE VESTED IN A BOARD OF TRUSTEES, AND THE SOLE MEMBERS OF THIS CORPORATION SHALL BE THE TRUSTEES WHO ARE ELECTED AND QUALIFIED. UP TO SIX (6) MEMBERS OF THE BOARD OF TRUSTEES SHALL BE MEMBERS OF THE BROTHERS OF THE CHRISTIAN SCHOOLS, OR AFFILIATED MEMBERS OF THE BROTHERS OF THE CHRISTIAN SCHOOLS, OR OTHER PERSONS RECOMMENDED TO THE PRESIDENT AND CHAIR OF THE BOARD BY THE CURRENT VISITOR OF THE MIDWEST DISTRICT OF THE BROTHERS OF THE CHRISTIAN SCHOOLS. THOSE PERSONS MUST HAVE STRONG LASALLIAN CATHOLIC EXPERIENCE OR MUST HAVE PARTICIPATED IN LASALLIAN CATHOLIC FORMATION PROGRAMS, PREFERABLY AT THE UNIVERSITY LEVEL. THE PROCEDURES FOR ELECTING THE TRUSTEES AND THEIR AUTHORITY AND DUTIES SHALL BE SET FORTH IN THE BYLAWS OF THE CORPORATION. THE ARTICLES PREVIOUSLY REQUIRED THAT SIX MEMBERS OF THE BOARD OF TRUSTEES BE MEMBERS OF THE BROTHERS OF THE CHRISTIAN SCHOOLS. FORM 990, PART VI, SECTION A, LINE 6 THE DE LA SALLE CHRISTIAN BROTHERS (MIDWEST DISTRICT) ARE CONSIDERED MEMBERS. AS AN ENTITY, THEY DO NOT HAVE ANY VOTING POWERS. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT OF THE UNIVERSITY AND THE PROVINCIAL OF THE MIDWEST DISTRICT OF THE BROTHERS OF THE CHRISTIAN SCHOOLS SHALL BE VOTING EX-OFFICIO MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 8B EACH COMMITTEE REPORTS ITS ACTION TO THE GENERAL SESSION OF THE BOARD OF TRUSTEES. COMMITTEE ACTIONS ARE DOCUMENTED THROUGH THE MINUTES OF THE GENERAL SESSION. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES HAS THE RESPONSIBILITY OF REVIEWING AND APPROVING THE FORM 990. AFTER REVIEW BY THE AUDIT COMMITTEE, THE BOARD OF TRUSTEES RECEIVES A COPY OF THE PUBLIC INSPECTION COPY OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY ADOPTED A NEW RELATED PARTY TRANSACTIONS AND CONFLICT OF INTEREST POLICY. THE PURPOSE OF THE POLICY IS TO ESTABLISH GUIDELINES FOR IDENTIFYING RELATED PARTIES, MANAGING CONFLICTS OF INTEREST, AND ENSURING DISCLOSURE OF RELATED PARTY TRANSACTIONS AT THE UNIVERSITY. THIS POLICY IS DESIGNED TO ENSURE THAT ALL TRANSACTIONS WITH RELATED PARTIES ARE CONDUCTED FAIRLY, IN THE BEST INTERESTS OF THE UNIVERSITY, AND IN COMPLIANCE WITH APPLICABLE LAWS AND REGULATIONS. THE POLICY APPLIES TO TRUSTEES, KEY EMPLOYEES, AND THE IMMEDIATE FAMILY MEMBERS OF BOTH. IT REQUIRES THE ANNUAL DISCLOSURE OF CONFLICTS OF INTEREST. RELATED PARTY TRANSACTIONS ARE ALSO DISCLOSED ANNUALLY, BUT ALSO MUST BE REPORTED WHEN THEY ARE IDENTIFIED. ANY DISCLOSURES ARE REVIEWED BY THE AD HOC COMMITTEE FOR REVIEW OF CONFLICTS OF INTEREST. SAID COMMITTEE SHALL CONSIST OF THE CHIEF OPERATIONS OFFICER, THE ASSISTANT VICE PRESIDENT FOR FINANCE, AND THE GENERAL COUNSEL. ALL CONFLICTS OF INTEREST AND RELATED PARTY TRANSACTIONS MUST BE DOCUMENTED, INCLUDING THE RATIONALE FOR THE TRANSACTION, THE TERMS AND CONDITIONS, AND EVIDENCE OF THE APPROVAL PROCESS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES IS RESPONSIBLE FOR REVIEWING, ASSESSING, AND APPROVING THE COMPENSATION FOR THE PRESIDENT ANNUALLY. EXTERNAL COUNSEL IS ENGAGED PERIODICALLY TO ASSIST WITH THE ASSESSMENT OF COMPENSATION. THE PRESIDENT SUPPORTED BY THE AVP FOR HUMAN RESOURCES AND CHIEF FINANCIAL OFFICER IS RESPONSIBLE FOR REVIEWING, ASSESSING, AND APPROVING THE COMPENSATION OF ALL OTHER POSITIONS ANNUALLY. EXTERNAL COUNSEL IS ENGAGED PERIODICALLY TO ASSIST WITH THE ASSESSMENT OF EXECUTIVE-LEVEL COMPENSATION, DEFINED AS CABINET-LEVEL POSITIONS. SALARY SURVEY DATA FROM CUPA-HR (COLLEGE UNIVERSITY PROFESSIONAL ASSOCIATION HUMAN RESOURCES), A NATIONAL DATA-BASE OF HIGHER EDUCATION SALARY INFORMATION, IS USED TO ASSESS AND ESTABLISH COMPENSATION FOR EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S ARTICLES OF INCORPORATION ARE PUBLIC DOCUMENTS AVAILABLE FROM THE MINNESOTA SECRETARY OF STATE. THE BYLAWS ARE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS AVAILABLE ON THE UNIVERSITY'S WEBSITE. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND THROUGH EMMA (ELECTRONIC MUNICIPAL MARKET ACCESS). FORM 990, PART XII, LINE 2C: NEITHER THE OVERSIGHT PROCESS NOR THE SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT CHANGED DURING THE TAX YEAR. CHARITABLE REMAINDER UNITRUST (6) CHARITABLE TRUST MN N/A T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0