2025-03-14T10:54:58-05:00 2024-05-31 160765486 LUMSDEN & MCCORMICK LLP 369 FRANKLIN STREET BUFFALO NY 14202 990 2023-06-01 160743150 ST BONAVENTURE UNIVERSITY STBO 7163752000 3261 WEST STATE ROAD ST BONAVENTURE NY 14778 NANCY K TAYLOR CPA CONTROLLER 7163752000 2025-03-12 1 1 SARAH M HOPKINS P02010701 7168563300 2025-03-12 2023 2025-03-06 01:10:19Z JEFF GINGERICH PH D 3261 WEST STATE ROAD ST BONAVENTURE NY 14778 157540166 0 X WWW.SBU.EDU X 1858 NY CATHOLIC UNIVERSITY DEDICATED TO EDUCATIONAL EXCELLENCE IN THE FRANCISCAN TRADITION. 30 29 1420 2522 372735 0 17459601 18289493 99593596 107516914 2313152 3940838 7205941 8931079 126572290 138678324 45512391 51475287 0 0 47058140 48192250 19200 0 3539671 30166586 31075885 122756317 130743422 3815973 7934902 230221502 264399312 36417713 54444789 193803789 209954523 X OUR COMMITMENT IS TO STUDENTS, STUDY AND SERVICE. FOUNDED IN 1858, ST. BONAVENTURE IS A CATHOLIC UNIVERSITY DEDICATED TO EDUCATIONAL EXCELLENCE IN THE FRANCISCAN TRADITION. WE ARE COMMITTED TO THE CONSTANT PURSUIT OF DISTINCTION IN OUR UNDERGRADUATE AND GRADUATE PROGRAMS AND ALL OF OUR COURSES OF STUDY. 0 0 112141637 51475287 116035107 PROGRAM ACTIVITIES SUPPORT SBU'S EFFORTS TO FOSTER THE DEVELOPMENT OF KNOWLEDGEABLE, SKILLED, COMPASSIONATE AND ETHICAL INDIVIDUALS BY MENTORING STUDENTS WITHIN VITALLY ENGAGING LEARNING ENVIRONMENTS, EVER MINDFUL OF SUCH FRANCISCAN VALUES AS INDIVIDUAL DIGNITY, COMMUNITY INCLUSIVENESS, AND SERVICE TO OTHERS. PROGRAM EXPENSES INCLUDE INSTRUCTION FOR UNDERGRAD AND GRADUATE PROGRAMS, RESEARCH, HOUSING COSTS, FOOD SERVICE, ATHLETICS, SCHOLARSHIPS AND FINANCIAL AID. 112141637 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 1 1 0 1 0 0 1 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 1 0 0 0 0 1 349 0 1 1420 1 1 1 0 0 0 0 1 1 0 0 0 0 1 0 X 30 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X NANCY K TAYLOR CPA 7163752000 3261 WEST STATE ROAD ST BONAVENTURE NY 14778 MICHAEL A HICKEY BOARD CHAIRMAN 2.00 X X 0 0 0 STEVEN G BARRY BOARD VICE CHAIR 2.00 X X 0 0 0 CAROL A SCHUMACHER BOARD VICE CHAIR 2.00 X X 0 0 0 FR DANIEL P HORAN OFM BOARD SECRETARY 2.00 X X 0 0 0 DR JEFF GINGERICH PRESIDENT 40.00 X X 476615 0 18880 MICHAEL A ANDERSON BOARD MEMBER 2.00 X 0 0 0 JUDY BAUMGARTNER BOARD MEMBER 2.00 X 0 0 0 NORBERT A BENNETT BOARD MEMBER 2.00 X 0 0 0 LUKE H BROWN BOARD MEMBER 2.00 X 0 0 0 DONNA BURDEN BOARD MEMBER 2.00 X 0 0 0 BR GEORGE CAMACHO OFM BOARD MEMBER 2.00 X 0 0 0 PIKAI CHIANG BOARD MEMBER 2.00 X 0 0 0 JOSEPH DAVIS BOARD MEMBER 2.00 X 0 0 0 PATRICK DOYLE BOARD MEMBER 2.00 X 0 0 0 FR LARRY FORD OFM BOARD MEMBER 2.00 X 0 0 0 MICHAEL T FOSSACECA BOARD MEMBER 2.00 X 0 0 0 MARK R GIANNINY BOARD MEMBER 2.00 X 0 0 0 GERRY HELPER BOARD MEMBER 2.00 X 0 0 0 FR LINH N HOANG OFM PH D BOARD MEMBER 2.00 X 0 0 0 LAURIE R KRUPA BOARD MEMBER 2.00 X 0 0 0 DR MOLLY F KULESZ-MARTIN PH D BOARD MEMBER 2.00 X 0 0 0 SR MARGARET MAGEE BOARD MEMBER 2.00 X 0 0 0 KRISTAN K MCMAHON BOARD MEMBER 2.00 X 0 0 0 MARK MULHERN BOARD MEMBER 2.00 X 0 0 0 REV KEVIN J MULLEN OFM BOARD MEMBER 2.00 X 0 0 0 MARK MURPHY BOARD MEMBER 2.00 X 0 0 0 RICHARD A PENNA BOARD MEMBER 2.00 X 0 0 0 SUSANNA STITT BOARD MEMBER 2.00 X 0 0 0 HON JAMES T WALSH BOARD MEMBER 2.00 X 0 0 0 KEVIN WATKINS MD BOARD MEMBER 2.00 X 0 0 0 JANET GLOGOUSKI INTERIM VP OF UNIVERSITY ADVANCEMENT 40.00 X 112894 0 15822 DR DAVID HILMEY PROVOST AND VP FOR ACADEMIC AFFAIRS 40.00 X 182251 0 36784 H DANIEL HUNGERFORD VP FOR FINANCE AND ADMINISTRATION 40.00 X 243584 0 40253 JOSEPH MANHERTZ DIRECTOR OF INTERCOLLEGIATE ATHLETICS 40.00 X 253906 0 23842 KATHRYN D O'BRIEN VP FOR STUDENT AFFAIRS 40.00 X 189812 0 17500 BARBARA QUESTA INTERIM CO-DIRECTOR OF INTERCOLLEGIATE ATHLETICS 40.00 X 95105 0 28896 BERNARD VALENTO VP FOR ENROLLMENT MANAGEMENT 40.00 X 170578 0 35205 RYAN CLINGAN INTERIM CO-DIRECTOR OF INTERCOLLEGIATE ATHLETICS 40.00 X 66494 0 26188 FR STEPHEN MIMNAUGH VICE PRESIDENT FOR MISSION INTEGRATION 40.00 X 0 0 6808 JOHN PRESSIMONE VP FOR UNIVERSITY ADVANCEMENT - APRIL 2024 40.00 X 0 0 0 DR AARON CHIMBEL DEAN OF THE JANDOLI SCHOOL OF COMMUNICATION 40.00 X 143347 0 33402 JAMES CROWLEY WOMEN'S HEAD BASKETBALL COACH 40.00 X 191346 0 14321 DR MICHAEL J FISCHER PROFESSOR - ACCOUNTING 40.00 X 159705 0 34699 DR MATRECIA JAMES DEAN - SCHOOL OF BUSINESS 40.00 X 236344 0 30716 MARK SCHMIDT MEN'S HEAD BASKETBALL COACH 40.00 X 1461248 0 67880 3983229 0 431196 43 0 1 0 KEYPATH EDUCATION LLC 1933 N MEACHAM RD SUITE 400 SCHAUMMBURG IL 60173 ENROLLMENT MANAGEMENT 3679278 TK NYS SOLAR HOLDCO LLC PO BOX 715040 CINCINNATI OH 45271 ELECTRIC POWER SERVICES 790275 CHARTERSEARCH 4 ARLINGTON PLACE HAVERHILL MA 01830 TRAVEL 594711 ELLUCIAN COMPANY LP 2003 EDMUND HALLEY DRIVE SUITE 500 RESTON VA 20191 CLOUD STORAGE SERVICES 271957 BOND SCHOENECK & KING PLLC 200 DELAWARE AVENUE BUFFALO NY 14202 LEGAL 232559 9 1639518 16649975 855314 18289493 TUITION AND FEES 611710 90039725 90039725 RESIDENCE HALL 721000 14215623 14215623 FOOD SERVICE/DINING 722514 3161266 3161266 BOOK STORE 459210 100300 100300 107516914 1021020 1021020 21758901 18821691 17392 2937210 -17392 2919818 -17392 2937210 45518 22759 22759 22759 OTHER AUXILIARY ACTVITIES 611710 1191167 860205 330962 PASSED THROUGH PARTNERSHIPS 900003 41773 41773 7675380 7675380 8908320 138678324 116035107 372735 3980989 50415399 50415399 1059888 1059888 1833374 1662059 171315 34815659 29313526 3821495 1680638 2048722 1686045 264420 98257 6997569 5603303 1046103 348163 2496926 1973211 398085 125630 5845221 3352292 2318469 174460 3771213 2869657 726141 175415 403937 306992 76748 20197 1638970 90116 1548854 2615648 2288528 153999 173121 188847 147966 27803 13078 1445917 1259445 171209 15263 5423600 4739131 628443 56026 565750 103373 457256 5121 ATHLETICS 3152286 2854080 298206 STUDENT ACTIVITIES 1055010 1043138 8514 3358 REPAIRS AND MAINTENANCE 943348 225671 706401 11276 4026138 2809876 747909 468353 130743422 112141637 15062114 3539671 23465768 35954159 5390038 5405281 2515675 2973499 516329 547828 221622911 100406343 115242303 121216568 40688841 46909986 41337661 48182976 1064887 3209015 230221502 264399312 5259969 5811903 7722349 8635571 19199761 35795117 62684 4823 4172950 4197375 36417713 54444789 X 103917783 104362193 89886006 105592330 193803789 209954523 230221502 264399312 X 7934902 6822838 1392994 X X 0 1 X 1 1 1 X 16397117 17475869 18262540 17459601 18289493 87884620 16397117 17475869 18262540 17459601 18289493 87884620 7968940 79915680 732723 436647 677275 891233 1021020 3758898 154062 261560 287350 349579 372735 1425286 93068804 503570069 0.85870 0.86000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 80824663 7989888 10768084 3611034 761890 95209711 83404123 1176403 170884 3312664 614083 80824663 91483905 1616629 -5718242 2960907 1017262 83404123 69986599 4476725 21410869 2862266 1528022 91483905 70199983 2095332 939297 2666992 581021 69986599 0.10000 0.66000 0.24000 0 0 1496485 1496485 157172946 63968640 93204306 36347389 29114751 7232638 26606091 7322952 19283139 121216568 OTHER INVESTMENTS 48182976 F 48182976 STUDENT AND OTHER DEPOSITS 639221 POSTRETIREMENT HEALTH CARE BENEFITS OBLIGATION 105915 US GOVT GRANTS REFUNDABLE 260189 ASSET RETIREMENT OBLIGATION 3539067 UNAMORTIZED BOND PREMIUMS 640256 UNAMORTIZED DEBT ISSUANCE COSTS -987273 4197375 146894156 6822838 1434767 8257605 138636551 41773 41773 138678324 130743422 0 130743422 0 130743422 PART III, LINE 1A: THE UNIVERSITY'S COLLECTIONS, WHICH CONSIST OF CONTRIBUTIONS RECEIVED SINCE THE UNIVERSITY'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE BALANCE SHEET. THE UNIVERSITY'S COLLECTIONS INCLUDE PAINTINGS, SCULPTURE, POTTERY, GLASS, WOODCARVINGS, DRAWINGS, AND OTHER WORKS. THE COLLECTIONS ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CURATORIAL PURPOSES. PART III, LINE 4: LOCATED ON THE CAMPUS OF THE UNIVERSITY, THE REGINA A. QUICK CENTER FOR THE ARTS HAS AS ITS MISSION TO OFFER BOTH THE UNIVERSITY COMMUNITY AND THE GENERAL PUBLIC A PROGRAM OF PROFESSIONAL, CULTURALLY DIVERSE ARTS EVENTS AND EXHIBITIONS OF THE HIGHEST ARTISTIC QUALITY REFLECTING THE VALUES OF THE UNIVERSITY AND ITS CURRICULUM. TO THAT END, THE CENTER COLLECTS, PRESERVES, EXHIBITS AND INTERPRETS HISTORIC AND CONTEMPORARY VISUAL ART AND CULTURAL ARTIFACTS AND MAINTAINS ACTIVE OUTREACH TO A WIDE COMMUNITY IN THE SECOND MOST UNDERDEVELOPED COUNTY IN NEW YORK STATE AND THE SIX CONTIGUOUS COUNTIES OF THE SOUTHERN TIER OF WESTERN NEW YORK AND NORTHERN PENNSYLVANIA. THE UNIVERSITY'S COLLECTIONS INCLUDE OVER 3,000 WORKS OF ART DATING FROM SEVERAL HUNDRED YEARS BEFORE THE BIRTH OF CHRIST INTO THE 21ST CENTURY, REPRESENTING EUROPEAN, AMERICAN, ASIAN AND MESOAMERICAN CULTURES. THE COLLECTIONS INCLUDE PAINTINGS, SCULPTURE, POTTERY, GLASS, WOODCARVINGS, DRAWINGS AND OTHER WORKS ON PAPER IN ALL PRINT MEDIA. AN INSTALLATION OF OVER 250 WORKS ARE ON PERMANENT DISPLAY AUGMENTED BY TEN OR MORE ADDITIONAL TEMPORARY EXHIBITIONS PRODUCED YEARLY FROM BOTH LOAN SOURCES AND THE UNIVERSITY'S OWN HOLDINGS. THE COLLECTIONS REFLECT THE UNIVERSITY'S MISSION THROUGH ITS BREADTH AND DEPTH. WE BELIEVE OUR HOLDINGS REPRESENT AN EXTRAORDINARY RESOURCE IN AN ECONOMICALLY CHALLENGED COMMUNITY WITH LITTLE ACCESS TO CULTURAL RESOURCES. PART V, LINE 4: ENDOWMENT FUNDS ARE AVAILABLE FOR SCHOLARSHIPS, QUICK ARTS CENTER, FRANCISCAN PROGRAMS, RESEARCH, ACADEMICS, ATHLETICS, TEACHING, AND OTHER PROGRAMS. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN ON INTEREST RATE SWAP 1,434,767. PART XI, LINE 4B - OTHER ADJUSTMENTS: PASSED THROUGH PARTNERSHIPS 41,773. 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 POLICY IS PUBLISHED IN PRINTED PAMPHLETS, CATALOGUES, BROCHURES, AND NEWSPAPER ADVERTISEMENTS. SCHEDULE E, PART I, LINE 6 SBU RECEIVES FUNDING FROM FEDERAL AND NEW YORK STATE AGENCIES FOR VARIOUS PROGRAMS AND STUDENT FINANCIAL ASSISTANCE. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS INVESTMENTS 14804894 EUROPE (INCLUDING ICELAND & GREENLAND) 0 9 PROGRAM SERVICES HIGHER EDUCATION STUDY ABROAD SERVICES 383861 0 9 0 0 0 9 15188755 0 15188755 SCHOLARSHIPS AND GRANTS PROVIDED AS FINANCIAL AID TO STUDENTS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 21 288410 APPLIED TO STUDENT ACCOUNTS SCHOLARSHIPS AND GRANTS PROVIDED AS FINANCIAL AID TO STUDENTS CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 5 78870 APPLIED TO STUDENT ACCOUNTS SCHOLARSHIPS AND GRANTS PROVIDED AS FINANCIAL AID TO STUDENTS NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 32 692608 APPLIED TO STUDENT ACCOUNTS 1 0 1 1 1 0 PART I, LINE 2: GRANTS MADE TO INDIVIDUALS OUTSIDE OF THE U.S. ARE IN THE FORM OF SCHOLARSHIPS AND INSTITUTIONAL SUPPORT FOR STUDENTS ATTENDING THE UNIVERSITY. ACADEMIC AWARDS ARE MONITORED AT THE TIME OF ADMISSION. ALL STUDENTS ARE REVIEWED FOR ACADEMIC AWARD ELIGIBILITY. THE SAME CRITERIA IS USED FOR ALL STUDENTS, INTERNATIONAL OR NOT. IF STUDENTS ARE ELIGIBLE THEY ARE NOTIFIED ALONG WITH THEIR OFFER OF ADMISSION. RENEWAL IS BASED, AMONG OTHER THINGS, ON CUMULATIVE GPA, RESIDENTIAL STATUS, ETC. PART I, LINE 3: EXPENDITURES ARE ACCOUNTED FOR ON THE ACCRUAL BASIS OF ACCOUNTING. 45518 22759 0 45518 22759 22759 22759 NY 0 WE ARE BELOW THE CATEGORY 2 THRESHOLD OF $5,000 FOR A SINGLE RAFFLE AND $30,000 AGGREGATE NET PROCEEDS. 0 1 0 1.00000 0 0 1 SCHOLARSHIPS FOR STUDENTS ATTENDING THE UNIVERSITY. 1775 50415399 PART I, LINE 2: ACADEMIC AWARDS ARE MONITORED AT THE TIME OF ADMISSION. ALL STUDENTS ARE REVIEWED FOR ACADEMIC AWARD ELIGIBILITY. THE SAME CRITERIA IS USED FOR ALL STUDENTS, INTERNATIONAL OR NOT. IF STUDENTS ARE ELIGIBLE THEY ARE NOTIFIED ALONG WITH THEIR OFFER OF ADMISSION. RENEWAL IS BASED, AMONG OTHER THINGS, ON CUMULATIVE GPA, RESIDENTIAL STATUS, ETC. ATHLETIC AWARDS ARE IN ADDITION TO ACADEMIC AWARDS AND ARE DETERMINED BASED ON THE SPORT, NCAA STANDARDS, INTERNAL FUNDS AVAILABILITY, AND NEGOTIATIONS BETWEEN THE COACH AND ATHLETE. X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 MARK SCHMIDT MEN'S HEAD BASKETBALL COACH 1237117 0 85000 0 139131 0 49000 0 18880 0 1529128 0 0 0 DR JEFF GINGERICH PRESIDENT 352506 0 87500 0 36609 0 0 0 18880 0 495495 0 0 0 H DANIEL HUNGERFORD VP FOR FINANCE AND ADMINISTRATION 205784 0 31800 0 6000 0 21373 0 18880 0 283837 0 0 0 JOSEPH MANHERTZ DIRECTOR OF INTERCOLLEGIATE ATHLETIC 200406 0 47500 0 6000 0 4962 0 18880 0 277748 0 0 0 DR MATRECIA JAMES DEAN - SCHOOL OF BUSINESS 236344 0 0 0 0 0 23908 0 6808 0 267060 0 0 0 DR DAVID HILMEY PROVOST AND VP FOR ACADEMIC AFFAIRS 169559 0 0 0 12692 0 17904 0 18880 0 219035 0 0 0 KATHRYN D O'BRIEN VP FOR STUDENT AFFAIRS 176687 0 13125 0 0 0 17500 0 0 0 207312 0 0 0 BERNARD VALENTO VP FOR ENROLLMENT MANAGEMENT 158513 0 12065 0 0 0 16325 0 18880 0 205783 0 0 0 JAMES CROWLEY WOMEN'S HEAD BASKETBALL COACH 158408 0 2208 0 30730 0 0 0 14321 0 205667 0 0 0 DR MICHAEL J FISCHER PROFESSOR - ACCOUNTING 150705 0 0 0 9000 0 15819 0 18880 0 194404 0 0 0 DR AARON CHIMBEL DEAN OF THE JANDOLI SCHOOL OF COMMUN 138488 0 0 0 4859 0 14522 0 18880 0 176749 0 0 0 A COUNTY OF CATTARAUGUS CRC 273458026 14946TBFO 2016-02-11 6904497 REFUNDING OF 2006 BOND 0 0 0 B COUNTY OF CATTARAUGUS CRC 273458026 14946TAP9 2014-05-29 10393724 DORMITORY RENOVATIONS AND DEFERRED MAINTENANCE 0 0 0 C COUNTY OF CATTARAUGUS CRC 273458026 2022-05-20 25000000 PLASSMANN RENOVATION, GRAD HOUSING, DEFERRED MAINTENANCE 0 0 0 A 6904497 265523 2016 1 0 1 1 B 10393724 207874 10185850 2015 0 0 1 1 C 25000000 619668 14999354 9380978 2025 0 0 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 0 0 0 0 0 1 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: COUNTY OF CATTARAUGUS CRC DATE THE REBATE COMPUTATION WAS PERFORMED: 02/11/2023 ISSUER NAME: COUNTY OF CATTARAUGUS CRC DATE THE REBATE COMPUTATION WAS PERFORMED: 05/29/2023 37000 SCHOLARSHIPS FINANCIAL AID 2340 TUITION REMISSION TUITION WAIVER MARK MURPHY CEO OF COMPANY ACQUIRING IP ADDRESSES FROM SBU/ATHLETIC SPONSORS TO SBU 385000 SALE OF ASSETS OF IP ADDRESSES ($350,000); SPONSORSHIP OF ATHLETICS ($35,000) 0 X 57 755804 FMV AT TIME OF GIFT X ATHLETICS RELATED AND OTHER 9 57673 FMV AT TIME OF GIFT X IT/EQUIPMENT 1 18816 FMV AT TIME OF GIFT X FOOD/DRINK FOR EVENTS 1 13071 FMV AT TIME OF GIFT X GRAND PIANO 1 9950 FMV AT TIME OF GIFT 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS SUBJECT TO REVIEW BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO BEING FILED. IT IS ALSO MADE AVAILABLE ON THE TRUSTEES PORTAL FOR THE PERUSAL OF ALL TRUSTEES DURING THE PERIOD IN WHICH IT IS UNDER REVIEW, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES AND OFFICERS OF SBU ARE REQUIRED TO ADHERE TO A CONFLICT OF INTEREST POLICY. THE POLICY REQUIRES THAT ANY CONFLICTS ARE SELF-DISCLOSED AND ADDITIONAL CONFLICTS AND POTENTIAL CONFLICTS ARE MONITORED THROUGH THE VICE-PRESIDENTIAL OFFICES AND OFFICE OF THE PRESIDENT. WHEN A CONFLICT IS PRESENT AT THE BOARD LEVEL, THE TRUSTEE WILL ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 AN EXTERNAL COMPENSATION CONSULTING FIRM IS PERIODICALLY RETAINED TO ASSIST WITH ANALYSIS OF OFFICER COMPENSATION. THE FIRM REVIEWS OFFICER JOB DESCRIPTIONS AND ESTABLISHES A RECOMMENDED SALARY RANGE BASED ON RELEVANT BENCHMARK DATA. BENCHMARK DATA USED INCLUDES THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION SURVEY AND IT IS SUPPLEMENTED BY DATA IN SPECIFIC INDUSTRIES AND/OR LOCAL DATA. THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE DATA WITH THE FIRM AND SETS THE PRESIDENT'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS (INCLUDING POLICIES) ARE AVAILABLE TO THE PUBLIC UPON REQUEST IN WRITING THROUGH THE OFFICE OF VP FINANCE & ADMINISTRATION AND OFFICE OF THE PRESIDENT. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST THROUGH THE OFFICE OF VP FINANCE & ADMINISTRATION OF THE UNIVERSITY. FORM 990, PART XI, LINE 9: PASSED THROUGH PARTNERSHIPS -41,773. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT 1,434,767. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. NORTHEAST PROPERTY VENTURES LLC PO BOX 2448 ST BONAVENTURE NY 14778 933282340 DEVELOPMENT OF PROPERTY NY 12415 792280 ST BONAVENTURE UNIVERSITY