2026-04-15T15:18:56-05:00 2025-05-31 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2024-06-01 231352654 LA SALLE UNIVERSITY LASA 2159511000 1900 WEST OLNEY AVENUE PHILADELPHIA PA 19141 STEPHEN J LIGHTCAP VP OF FINANCE & ADMINISTRATION 2159511000 2026-04-15 1 1 LAURA J KENNEY P00202198 6177170831 2026-04-15 2024 2025-03-06 01:10:19Z DANIEL J ALLEN 1900 WEST OLNEY AVENUE PHILADELPHIA PA 19141 158126585 0 X WWW.LASALLE.EDU X 1863 PA PROVIDES A HIGHER EDUCATION IN GENERAL AND SPECIALIZED STUDIES 23 22 1485 175 49674 18393 15712114 10985671 93593544 92700544 7262729 7235480 2252701 2436632 118821088 113358327 39256500 37893900 0 0 53294122 52674927 0 0 1893275 44429241 45990897 136979863 136559724 -18158775 -23201397 243776654 235042587 164476570 177678295 79300084 57364292 X SEE SCHEDULE O FOR COMPLETE MISSION STATEMENT.LA SALLE IS A LASALLIAN CATHOLIC UNIVERSITY COMMITTED TO THE PRINCIPLE THAT ALL KNOWLEDGE IS PRACTICAL AND EMPOWERING, FILLED WITH THE CAPACITY TO TRANSFORM LIVES. ANCHORED IN THE LIVING TRADITION OF THE BROTHERS OF THE CHRISTIAN SCHOOLS AND IN ASSOCIATION WITH A DIVERSE AND INCLUSIVE LEARNING COMMUNITY, OUR MISSION IS TO EDUCATE THE WHOLE PERSON BY FOSTERING A RIGOROUS FREE SEARCH FOR TRUTH. LA SALLE, IN AFFIRMING THE VALUE OF BOTH LIBERAL ARTS AND PROFESSIONAL STUDIES, PREPARES STUDENTS FOR THE LIFELONG PURSUIT AND EXPLORATION OF WISDOM, KNOWLEDGE, AND FAITH THAT LEAD TO ENGAGED AND FULFILLING LIVES MARKED BY A COMMITMENT TO THE COMMON GOOD. 0 0 82466040 37893900 81959276 INSTRUCTION - THE UNIVERSITY PROVIDED EDUCATION TO 3,153 AND 3,052 ENROLLED STUDENTS IN UNDERGRADUATE, GRADUATE, AND DOCTORAL PROGRAMS IN THE FALL 2024 AND SPRING 2025 SEMESTERS, RESPECTIVELY. 22434523 0 2226415 STUDENT AND COMMUNITY SERVICES - THE UNIVERSITY PROVIDED COUNSELING, INTERCOLLEGIATE ACTIVITIES, HEALTH-ADVISING, STUDENT GOVERNING, AND OTHER STUDENT LIFE SERVICES FOR ALL STUDENTS. THE UNIVERSITY PROVIDES SERVICES TO THE GREATER PHILADELPHIA COMMUNITY THROUGH OUR NON-PROFIT DEVELOPMENT CENTER. 7886575 0 8514853 AUXILIARY ENTERPRISES - THE UNIVERSITY PROVIDED HOUSING, BOOKSTORE, AND DINING SERVICES. THE UNIVERSITY PROVIDED ROOMS TO 871 AND 825 STUDENTS ENROLLED STUDENTS DURING THE FALL 2024 AND SPRING 2025 SEMESTERS, RESPECTIVELY. THE UNIVERSITY ALSO PROVIDED MEALS TO 960 AND 902 ENROLLED STUDENTS DURING THE FALL 2024 AND SPRING 2025 SEMESTERS, RESPECTIVELY. 112787138 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 6068 0 1 1485 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 23 22 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA KS LA MD MA NH NM NC OR PA RI SC UT X STEPHEN J LIGHTCAP 2159515146 1900 WEST OLNEY AVENUE PHILADELPHIA PA 19141 DANIEL J ALLEN PHD PRESIDENT 35.00 0.00 X X 608195 0 35577 ELLEN REILLY CHAIR OF THE BOARD 1.00 0.00 X X 0 0 0 AMYLYNN FLOOD CPA VICE CHAIR OF THE BOARD 1.00 0.00 X X 0 0 0 BROTHER ROBERT SCHIELER FSC VICE PRESIDENT 1.00 0.00 X X 0 0 0 LAWRENCE BERRAN INDIVIDUAL TRUSTEE 1.00 0.00 X 0 0 0 JEFFREY BOYLE INDIVIDUAL TRUSTEE 1.00 0.00 X 0 0 0 ROBERT T COTTONE INDIVIDUAL TRUSTEE 1.00 0.00 X 0 0 0 TERRANCE COYNE INDIVIDUAL TRUSTEE 1.00 0.00 X 0 0 0 BROTHER TIMOTHY FROEHLICH FSC INDIVIDUAL TRUSTEE 1.00 0.00 X 0 0 0 BROTHER DANIEL A GARDNER FSC INDIVIDUAL TRUSTEE 1.00 0.00 X 0 0 0 JOHN S GRADY INDIVIDUAL TRUSTEE 1.00 0.00 X 0 0 0 JOHN KANE FSC EDD INDIVIDUAL TRUSTEE 1.00 0.00 X 0 0 0 ROBERT W LIPTAK INDIVIDUAL TRUSTEE 1.00 0.00 X 0 0 0 BROTHER WILLIAM MANN FSC INDIVIDUAL TRUSTEE 1.00 0.00 X 0 0 0 JOSEPH MARKMANN INDIVIDUAL TRUSTEE 1.00 0.00 X 0 0 0 BROTHER MICHAEL W OHERN FSC INDIVIDUAL TRUSTEE 1.00 0.00 X 0 0 0 EMMA PROVOST INDIVIDUAL TRUSTEE 1.00 0.00 X 0 0 0 DANIEL S ROBINS PHD INDIVIDUAL TRUSTEE 1.00 0.00 X 0 0 0 PAULINE SCALVINO INDIVIDUAL TRUSTEE 1.00 0.00 X 0 0 0 BROTHER ROBERT SCHAEFER FSC INDIVIDUAL TRUSTEE 1.00 0.00 X 0 0 0 TOM SOUTHARD INDIVIDUAL TRUSTEE 1.00 0.00 X 0 0 0 JOSEPH TRUITT INDIVIDUAL TRUSTEE 1.00 0.00 X 0 0 0 MARK TURNER INDIVIDUAL TRUSTEE 1.00 0.00 X 0 0 0 JOHN K DUGAN UNTIL 0624 INDIVIDUAL TRUSTEE 1.00 0.00 X 0 0 0 GABRIELLE ST LEGER VP STUDENT DEVEL & CAMPUS LIFE 35.00 0.00 X 226348 0 27082 KRISTIN HEASLEY VP HUMAN RESOURCES 35.00 0.00 X 199276 0 25894 MARK ENGBERG PHD SECRETARY, CHIEF OF STAFF 35.00 0.00 X 242914 0 27829 STEPHEN LIGHTCAP EDD TREASURER, VP FINANCE & AD 35.00 0.00 X 360938 0 39314 ASHWIN PURI VP ATHLETICS AND RECREATIO 35.00 0.00 X 302272 0 37575 ALISA L MACKSEY VP MISSION DIVERSITY & INC 35.00 0.00 X 125124 0 19071 CAMERON B WESSON PROVOST & VP, ACADEMIC AFFAIRS 35.00 0.00 X 217446 0 34635 GREG J NAYOR VP ENROLLMENT MANAGEMENT 35.00 0.00 X 234581 0 31867 FREDERICK A PETTIT VP UNIVERSITY ADVANCEMENT 35.00 0.00 X 316754 0 23121 FRANCIS J DUNPHY HEAD COACH MEN'S BASKETBAL 35.00 0.00 X 705731 0 38308 KATHLEEN CZEKANSKI DEAN, SCHOOL OF NURSING & 35.00 0.00 X 205874 0 21241 RAYMOND S COOK AVP, STU. WELLNESS/TEAM PHYSCIAN 35.00 0.00 X 194897 0 17787 MOUNTAIN MACGILLIVRAY WOMEN'S BASKETBALL HEAD COACH 35.00 0.00 X 195542 0 33607 CHRISTOPHER M GIBERSON DIRECTOR, NURSE ANESTHESIA 35.00 0.00 X 202831 0 31606 ASHLEY HOWARD FORMER HIGHEST COMP EMP 0.00 0.00 X 378717 0 16366 4717440 0 460880 89 1 1 0 SOUTHEAST SERVICE CORPORATION PO BOX 417632 BOSTON MA 022417632 JANITORIAL SERVICES 1797221 AB&C PHILADELPHIA LLC PO BOX 672 WILMINGTON DE 19899 ONLINE ENROLLMENT MARKETING SERVICES 1241556 RISEPOINT LLC 700 N PEARL ST SUITE 600 DALLAS TX 75201 MARKETING SERVICES 988924 CENTRI BUSINESS CONSULTING LLC PO BOX 7112 LANCASTER PA 17604 ACCOUNTING SERVICES 473200 NOVACARE REHABILITATION PO BOX 643361 PITTSBURGH PA 15264 ATHLETIC TRAINING/ MEDICAL SERVICES 442350 68 279796 1736997 8968878 1282072 10985671 TUITION AND FEES 611310 81959276 81959276 RESIDENCE HALLS 611310 8136128 8136128 ACADEMIC RELATED REVENUE 611310 2226415 2226415 DINING SERVICES 611310 378725 378725 92700544 6673124 9234 6663890 23216 23216 675428 615674 59754 59754 26735 33019 43098988 1524889 43776007 285514 -677019 1239375 562356 562356 65555 279796 91063 -25508 -25508 OUTSIDE COUNSELING 900099 831613 831613 CONTRACTS 900099 524759 524759 LATE PAYMENT FEE 900099 285404 285404 737394 13705 723689 2379170 113358327 92700544 49674 9622438 37893900 37893900 3135813 339847 2795966 40572376 33811480 6647212 113684 429113 370434 30233 28446 5344037 4366796 644701 332540 3193588 2510863 492899 189826 1479735 1479735 161030 161030 239113 239113 5806773 3256344 2150353 400076 1069806 534903 534903 1811920 1325810 231668 254442 3423570 2999190 409894 14486 1032545 991669 40876 2044532 1799272 52976 192284 1284679 1049355 108284 127040 7220493 6369147 851346 6976298 6341840 634458 2207053 82859 2124194 BAD DEBT EXPENSE 1110540 1110540 BOOKS AND SUBSCRIPTIONS 523849 512211 11638 REPAIRS AND MAINTENANCE 467009 467009 EQUIPMENT RENTAL 232226 121455 94180 16591 8899726 7642754 1033112 223860 136559724 112787138 21879311 1893275 14322 12767 4097968 14814956 5939292 6413225 5441837 5437725 270215 25309 20270 3145 2496821 2099982 323472260 186801488 136984100 136670772 63717267 57299445 1033805 702105 23760757 11563156 243776654 235042587 15216636 10966988 5944443 6232806 139562564 139493359 17500000 3752927 3485142 164476570 177678295 X 5108681 -14945596 74191403 72309888 79300084 57364292 243776654 235042587 -23201397 1265605 0 X 0 1 X 1 1 1 X 18637736 19522754 16359708 15712114 10985671 81217983 18637736 19522754 16359708 15712114 10985671 81217983 81217983 3926959 8559908 7994311 5940969 7335799 33757946 56028 104459 40199 48585 49674 298945 1487129 2322541 2513351 1970484 2365465 10658970 125933844 511852112 0.64490 0.65110 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: ADMINISTRATIVE OTHER REVENUE - 2020 AMOUNT: $ 1,487,129. 2021 AMOUNT: $ 2,322,541. 2022 AMOUNT: $ 2,513,351. 2023 AMOUNT: $ 1,970,484. 2024 AMOUNT: $ 2,365,465. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4209843 X X 0 64679959 433530 5978897 2179331 11303369 57609686 71666318 564150 5142539 1891882 10801166 64679959 83366648 370232 -1135550 1713207 9221805 71666318 95640008 654110 -5833616 1044756 6049098 83366648 80002231 813222 15818915 658006 336354 95640008 0.03650 0.96350 0.00000 0 0 17037653 17037653 241764252 143450550 98313702 23531652 13238719 10292933 36559121 25719771 10839350 4579582 4392448 187134 136670772 OTHER LIABILITIES 1085919 ADV FROM FED GOV FOR STUDENT LOANS 2399223 3485142 X 77197656 1265605 706737 1972342 75225314 239113 37893900 38133013 113358327 99133448 706737 706737 98426711 239113 37893900 38133013 136559724 PART III, LINE 4: THE LA SALLE UNIVERSITY ART MUSEUM PROVIDES AN EDUCATIONAL RESOURCE FOR LA SALLE STUDENTS, ESPECIALLY THOSE MAJORING IN ART HISTORY, AS WELL AS THE COMMUNITIES IN THE SURROUNDING AREAS. THE MISSION OF THE MUSEUM IS TO FURTHER THE UNIVERSITY'S LASALLIAN EDUCATIONAL OBJECTIVES BY HELPING STUDENTS, OTHER MEMBERS OF THE UNIVERSITY COMMUNITY, AND THE GENERAL PUBLIC TO EXPERIENCE ART IN AN INTIMATE SETTING AND TO PLACE THEM IN MEANINGFUL CONTEXTS. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF 151 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE UNIVERSITY HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR UP TO 7% OF ITS FUNDS BASED ON A PRIOR 12-QUARTER AVERAGE ENDOWMENT MARKET VALUE. THE UNIVERSITY, OVER THE LONG TERM, EXPECTS THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT TO CONTINUE TO GROW. THIS IS CONSISTENT WITH THE UNIVERSITY'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF ITS ENDOWMENT ASSETS HELD IN PERPETUITY OR FOR A SPECIFIED TERM AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURNS. PART X, LINE 2: THE UNIVERSITY HAS BEEN GRANTED TAX-EXEMPT STATUS AS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE IRC. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES MANAGEMENT TO EVALUATE THE TAX POSITIONS TAKEN BY THE UNIVERSITY AND RECOGNIZE A TAX LIABILITY IF THE UNIVERSITY HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE RELEVANT TAXING AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE UNIVERSITY, AND HAS CONCLUDED THAT AS OF MAY 31, 2025 AND 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR ASSET OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE UNIVERSITY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 615,674. DIRECT FUNDRAISING EVENT EXPENSES 91,063. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 37,893,900. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 615,674. DIRECT FUNDRAISING EVENT EXPENSES 91,063. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 37,893,900. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 LA SALLE UNIVERSITY PUBLISHES, ON THE HOME LANDING PAGE, A LINK TO THE TITLE IX PAGE WHICH CONTAINS THE UNIVERSITY'S NONDISCRIMINATORY POLICY. SCHEDULE E, PART I, LINE 6 LA SALLE UNIVERSITY RECEIVES FINANCIAL AID/ASSISTANCE FROM VARIOUS FEDERAL (U.S. DEPARTMENT OF EDUCATION) AND STATE (COMMONWEALTH OF PENNSYLVANIA) GOVERNMENTAL AGENCIES INCLUDING: COLLEGE WORK STUDY PROGRAMS AND THE PELL GRANT PROGRAM. THE FEDERAL PERKINS LOAN PROGRAM EXPIRED ON SEPTEMBER 30, 2017. THE UNIVERSITY CONTINUES TO SERVICE THE OUTSTANDING LOAN AND REMIT THE FEDERAL SHARE TO THE DEPARTMENT OF EDUCATION. X X X X X X X CHARTER DINNER 175653 150978 24675 37180 10109 14087 RAFTERY GOLF OUTING 169698 128818 40880 28572 1115 345351 279796 65555 65752 10109 15202 91063 -25508 1 MERIT SCHOLARSHIPS & NEED-BASED 2008 37893900 PART I, LINE 2: SCHOLARSHIPS AND GRANTS FOR STUDENTS ARE APPLIED DIRECTLY TO A STUDENT'S UNIVERSITY ACCOUNT AND APPLIED TO TUITION, FEES, ROOM AND BOARD. ALL FINANCIAL AID IS SUBJECT TO REVISION BASED ON AVAILABILITY, CHANGES IN FAMILY CONTRIBUTION, HOUSING STATUS, AND/OR CREDIT LOAD. SATISFACTORY ACADEMIC PROGRESS MUST BE MAINTAINED ACCORDING TO STANDARDS PRESCRIBED BY THE UNIVERSITY. ANNUAL RENEWAL OF FINANCIAL AID IS CONTINUOUS IF INSTITUTIONAL FINANCIAL NEED REMAINS, ALL REQUIRED DOCUMENTS ARE COMPLETED BY THE PUBLISHED DEADLINE, AND SATISFACTORY ACADEMIC PROGRESS IS MAINTAINED CONSISTENT WITH THE UNIVERSITY'S POLICY. ALL SCHOLARSHIPS AND GRANTS ARE AWARDED IN AN OBJECTIVE AND NONDISCRIMINATORY MANNER. X X 1 1 X X X X X 1 0 0 0 0 0 0 1 1 1 FRANCIS J DUNPHY HEAD COACH MEN'S BASKETBAL 705731 0 0 0 0 0 2776 0 35532 0 744039 0 0 0 DANIEL J ALLEN PHD PRESIDENT 511175 0 25000 0 72020 0 6900 0 28677 0 643772 0 0 0 STEPHEN LIGHTCAP EDD TREASURER, VP FINANCE & AD 360938 0 0 0 0 0 6900 0 32414 0 400252 0 0 0 ASHLEY HOWARD FORMER HIGHEST COMP EMP 0 0 0 0 378717 0 0 0 16366 0 395083 0 0 0 FREDERICK A PETTIT VP UNIVERSITY ADVANCEMENT 316754 0 0 0 0 0 6378 0 16743 0 339875 0 0 0 ASHWIN PURI VP ATHLETICS AND RECREATIO 302272 0 0 0 0 0 5828 0 31747 0 339847 0 0 0 MARK ENGBERG PHD SECRETARY, CHIEF OF STAFF 242914 0 0 0 0 0 4840 0 22989 0 270743 0 0 0 GREG J NAYOR VP ENROLLMENT MANAGEMENT 234581 0 0 0 0 0 4110 0 27757 0 266448 0 0 0 GABRIELLE ST LEGER VP STUDENT DEVEL & CAMPUS LIFE 226348 0 0 0 0 0 4539 0 22543 0 253430 0 0 0 CAMERON B WESSON PROVOST & VP, ACADEMIC AFFAIRS 217446 0 0 0 0 0 4475 0 30160 0 252081 0 0 0 CHRISTOPHER M GIBERSON DIRECTOR, NURSE ANESTHESIA 202831 0 0 0 0 0 1622 0 29984 0 234437 0 0 0 MOUNTAIN MACGILLIVRAY WOMEN'S BASKETBALL HEAD COACH 195542 0 0 0 0 0 3807 0 29800 0 229149 0 0 0 KATHLEEN CZEKANSKI DEAN, SCHOOL OF NURSING & 205874 0 0 0 0 0 1984 0 19257 0 227115 0 0 0 KRISTIN HEASLEY VP HUMAN RESOURCES 199276 0 0 0 0 0 3984 0 21910 0 225170 0 0 0 RAYMOND S COOK AVP, STU. WELLNESS/TEAM PHYSCIAN 194897 0 0 0 0 0 1555 0 16232 0 212684 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE IN THE AMOUNT OF $59,770 WAS PAID TO DANIEL J. ALLEN, PH.D., PRESIDENT. THIS AMOUNT IS INCLUDED IN TAXABLE INCOME AND REPORTED AS PART OF SCHEDULE J, PART II, COLUMN (B)(III). THE PRESIDENT'S CLUB DUES AT THE UNION LEAGUE ARE PAID BY THE UNIVERSITY AND ARE NOT INCLUDED IN TAXABLE INCOME. THE CLUB IS USED SOLELY FOR UNIVERSITY BUSINESS. PART I, LINE 4A ASHLEY HOWARD, FORMER MEN'S BASKETBALL COACH, RECEIVED SEVERANCE OF $378,717. THIS AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B) (III). PART I, LINE 7 A VARIABLE PAY BONUS IN THE AMOUNT OF $25,000 WAS PAID TO DANIEL J. ALLEN, PH.D., PRESIDENT. THIS BONUS IS UP TO 30% OF DR. ALLEN'S BASE SALARY. PAYMENT OF THIS BONUS IS UP TO THE SOLE DISCRETION OF THE BOARD OF TRUSTEES. PART I, LINE 8 COMPENSATION FOR THESE EMPLOYEES IS SUBJECT TO AN INITIAL WRITTEN EMPLOYMENT AGREEMENT AS NOTED: DANIEL J. ALLEN, PH.D, PRESIDENT - EFFECTIVE 4/18/2022 - 5/31/2027 MARK ENGBERG, PH.D., SECRETARY, CHIEF OF STAFF - EFFECTIVE 8/8/2022 STEPHEN LIGHTCAP, ED.D., TREASURER, VP FINANCE & ADMINISTRATION - EFFECTIVE 04/17/2023 ASHWIN PURI, VP ATHLETICS AND RECREATION - EFFECTIVE 7/26/2023 ALISA L. MACKSEY, VP MISSION DIVERSITY & INCLUSION - EFFECTIVE 7/25/2022 CAMERON B. WESSON, INTERIM VP ACADEMIC AFFAIRS - EFFECTIVE 6/20/2023 GREG J. NAYOR, VP ENROLLMENT MANAGEMENT - EFFECTIVE 10/2/2023 FREDERICK A. PETTIT, VP UNIVERSITY ADVANCEMENT - EFFECTIVE 11/16/2023 KRISTIN HEASLEY, VP HUMAN RESOURCES - EFFECTIVE 4/12/2021 GABRIELLE ST. LEGER, VP STUDENT DEVEL & CAMPUS LIFE - EFFECTIVE 7/6/2021 A PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY 232243852 00070917R 2012-09-12 102024659 CONSTRUCTION/REFUND PRIOR ISSUE 0 0 0 B PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 00071781X 2017-11-29 43878079 CONSTRUCTION/REFUND PRIOR ISSUE 0 0 0 C PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 71781XGX5 2024-04-10 2260000 PARTIALLY REFUNDING SERIES 2012 AND 2017 BONDS, CAPITAL PROJECTS 0 0 0 D PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 71781XGW7 2024-04-10 27815447 PARTIALLY REFUNDING SERIES 2012 AND 2017 BONDS, CAPITAL PROJECTS 0 0 0 A 27260000 102024659 1320189 22859478 77844992 2017 1 1 1 1 B 13260000 43878079 8020431 564030 5508905 29784713 2019 1 1 1 1 C 2260000 98103 103780 45200 354728 1171269 486920 1 0 0 0 D 27815447 1207422 1277299 556309 4365890 14415652 5992875 1 0 0 0 A 0 1 0 0 0.01430 0.00000 0.01430 0 1 0.00000 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 SCHEDULE K, PART II, LINES 14 & 15: (A) ISSUER NAME: PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY THE REFUNDED BONDS WERE ISSUED: SERIES 2003 BONDS ISSUED 10/1/2003; SERIES 2007B BONDS ISSUED 10/1/2007. (B) ISSUER NAME: PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT THE REFUNDED BONDS WERE ISSUED: SERIES 2007A BONDS ISSUED 10/1/2007; SERIES 2012 BONDS ISSUED 9/12/2012. (C) ISSUER NAME: PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT THE REFUNDED BONDS WERE ISSUED: SERIES 2012 BONDS ISSUED 9/12/2012; SERIES 2017 BONDS ISSUED 11/29/2017. (D) ISSUER NAME: PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT THE REFUNDED BONDS WERE ISSUED: SERIES 2012 BONDS ISSUED 9/12/2012; SERIES 2017 BONDS ISSUED 11/29/2017. (E) ISSUER NAME: PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT THE REFUNDED BONDS WERE ISSUED: SERIES 2012 BONDS ISSUED 9/12/2012; SERIES 2017 BONDS ISSUED 11/29/2017. A PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 71781XGY3 2024-04-10 12000000 PARTIALLY REFUNDING SERIES 2012 AND 2017 BONDS, CAPITAL PROJECTS 0 0 0 A 12000000 520900 551046 240000 1883510 6219128 2585416 1 0 0 0 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 X 30 1273039 FAIR MARKET VALUE X FOOD AND BEVERAGES 3 4498 FAIR MARKET VALUE X PROM GOWNS 1 2000 FAIR MARKET VALUE X GOLF OUTING GIFTS 2 1280 FAIR MARKET VALUE X SUPPLIES 2 1255 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS IS REPORTED. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPRISED OF THE CHAIR AND VICE-CHAIRS OF THE BOARD, THE PRESIDENT, THE BROTHER VISITOR OF DENA, AND THE CHAIRS OF ALL THE RESPECTIVE STANDING COMMITTEES, ALL OF WHOM ARE MEMBERS OF THE GOVERNING BODY. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE, WHEN THE BOARD IS NOT IN SESSION, ALL OF THE POWERS OF THE BOARD, EXCEPT FOR POWERS SPECIFICALLY RESERVED FOR THE BOARD. THE BYLAWS STATE THAT THE FOLLOWING POWERS SHALL BE EXERCISED ONLY BY THE BOARD, AND MAY NOT BE DELEGATED TO ANY COMMITTEE: (I) AMENDMENT OF THE ARTICLES OF INCORPORATION OR BY-LAWS OF THE UNIVERSITY; (II) THE PURCHASE, SALE, MORTGAGE, LEASE OR OTHER DISPOSAL OF THE UNIVERSITY'S REAL PROPERTY, PROVIDED THAT SUCH ACTION IS AUTHORIZED BY THE VOTE OF A MAJORITY OF THE TRUSTEES THEN IN OFFICE; (III) THE INCURRENCE OF ANY INDEBTEDNESS OR EXPENDITURE IN EXCESS OF FIVE HUNDRED THOUSAND DOLLARS ($500,000.00), EXCEPT AS OTHERWISE PERMITTED BY THE BYLAWS, PROVIDED THAT SUCH ACTION IS AUTHORIZED BY A VOTE OF A MAJORITY OF TRUSTEES ATTENDING A DULY CONVENED MEETING; (IV) THE AUTHORIZATION, ADOPTION, AND APPROVAL OF THE ANNUAL BUDGET OF THE UNIVERSITY; (V) APPROVAL OF THE UNIVERSITY'S MISSION STATEMENT AND ANY AMENDMENT THERETO; (VI) APPROVAL OF THE UNIVERSITY'S STRATEGIC PLAN AND ANY AMENDMENT THERETO; AND (VII) THE APPOINTMENT OF MEMBERS OF THE FACULTY TO THE RANK OF PROFESSOR AND THE ADMISSION OF MEMBERS OF THE FACULTY TO TENURE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT, REVIEWED BY MANAGEMENT, AND PROVIDED TO THE UNIVERSITY'S BOARD OF TRUSTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS WRITTEN CONFLICT OF INTEREST POLICY. THE UNIVERSITY REQUIRES THAT ALL BOARD MEMBERS ANNUALLY SIGN A CONFLICT-OF-INTEREST STATEMENT. THIS STATEMENT PLACES THE RESPONSIBILITY OF EXPECTATION ON EACH MEMBER TO REFRAIN FROM ACTIONS USED AS A MEANS FOR HIS/HER PRIVATE BENEFIT OR INUREMENT. REGARDING THE UNIVERSITY'S STAFF AND EMPLOYEES, THERE IS ON-GOING TRAINING CONDUCTED BY VARIOUS DEPARTMENTS. THE INTENT OF THIS TRAINING IS TO HAVE EMPLOYEES UNDERSTAND AND EMBRACE THE "LA SALLIAN" VIRTUES AND CODES OF CONDUCT FOR ALL EMPLOYEES. THE CONFLICT OF INTEREST POLICY APPLIES TO MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS, KEY EMPLOYEES, AND STAFF OF THE UNIVERSITY. IT IS ALSO INTENDED TO SERVE AS A GUIDE FOR ALL EMPLOYEES OF THE UNIVERSITY. DISCLOSURES BY BOARD MEMBERS ARE DIRECTED TO THE PRESIDENT OR TO THE BOARD. IF THE PRESIDENT OR THE BOARD DETERMINES THAT A CONFLICT EXISTS, THE PARTY WITH THE CONFLICT WILL NOT VOTE ON OR PARTICIPATE ON BEHALF OF THE UNIVERSITY IN THE ADMINISTRATION OF TRANSACTIONS WHERE THE CONFLICT EXISTS. ALL OTHER EMPLOYEES ARE TO DISCLOSE ANY CONFLICTS OR POTENTIAL CONFLICTS TO THE VICE PRESIDENT OF THEIR RESPECTIVE DIVISION. ANY SUCH DISCLOSURE SHOULD THEN BE FORWARDED TO HUMAN RESOURCES FOR INCLUSION IN THE EMPLOYEE'S PERSONNEL FILE. ANY PERSON UNSURE OF A CONFLICT MAY REQUEST AN OFFICER TO WEIGH IN ON THE MATTER TO ASCERTAIN WHETHER OR NOT A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION SUBCOMMITTEE OF THE BOARD OF TRUSTEES IS CHARGED WITH REVIEWING AND MAKING RECOMMENDATIONS REGARDING THE COMPENSATION OF THE PRESIDENT AND CERTAIN SENIOR UNIVERSITY EXECUTIVES. THE COMPENSATION SUBCOMMITTEE HAS ENGAGED AN OUTSIDE CONSULTANT TO ADVISE ON EXECUTIVE COMPENSATION SINCE 2009. THE PROCESS UTILIZES CUSTOMIZED REGIONAL AND NATIONAL SALARY SURVEY DATA, COMPLIES WITH IRS AND OTHER REQUIREMENTS FOR INDEPENDENCE, ACCOUNTABILITY, DISCLOSURE, AND DOCUMENTATION. CONSEQUENTLY, THE UNIVERSITY'S EXECUTIVES ARE COMPENSATED COMPETITIVELY AND THE TRUSTEES ARE SECURE IN KNOWING THAT ALL REGULATORY REQUIREMENTS HAVE BEEN MET. THE CONSULTANT PRESENTS FINDINGS AND RECOMMENDATIONS DIRECTLY TO THE COMPENSATION SUBCOMMITTEE OF THE COMMITTEE ON TRUSTEESHIP AND GOVERNANCE OF THE BOARD OF TRUSTEES. THE BOARD DELIBERATES ON RECOMMENDATIONS AND TAKES INTO ACCOUNT ANY OTHER RELEVANT INFORMATION AND FACTORS IN DETERMINING THE REASONABLENESS OF EXECUTIVE COMPENSATION. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 LA SALLE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. POOLED INCOME FUND (1) POOLED INCOME FUND PA LA SALLE UNIVERSITY 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0