2024-03-05T13:34:32-06:00 2023-06-30 910189318 MOSS ADAMS LLP 2882 PROSPECT PARK DR STE 300 RANCHO CORDOVA CA 95670 990 2022-07-01 880435559 ROSEMAN UNIVERSITY OF HEALTH SCIENCES ROSE 7029685558 11 SUNSET WAY HENDERSON NV 89014 RENEE COFFMAN PRESIDENT 7029685558 2024-02-22 1 RENEE COFFMAN 999009999 1 TRACY S PAGLIA P00366884 9165038100 2024-02-22 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RENEE COFFMAN 11 SUNSET WAY HENDERSON NV 89014 157909444 0 X WWW.ROSEMAN.EDU X 1999 NV ROSEMAN UNIVERSITY OF HEALTH SCIENCES ADVANCES THE HEALTH AND WELLNESS OF THE COMMUNITIES WE SERVE BY EDUCATING CURRENT AND FUTURE GENERATIONS OF HEALTH PROFESSIONALS, CONDUCTING RESEARCH AND PROVIDING PATIENT CARE. WE ACTIVELY PURSUE PARTNERSHIPS AND AFFILIATIONS THAT ARE ALIGNED WITH OUR MISSION, WORK TO CREATE AN ENVIRONMENT THAT FOSTERS BOTH INTERNAL AND EXTERNAL COLLABORATION TO ACHIEVE OPTIMAL OUTCOMES, AND ARE COMMITTED TO RESPONSIBLE FISCAL MANAGEMENT IN ALL ENDEAVORS. 15 15 723 15 0 0 7234755 4649309 94021271 92588310 150754 8359292 3173661 2209030 104580441 107805941 348168 325335 0 0 54216675 58024273 0 0 315435 43407323 41325738 97972166 99675346 6608275 8130595 352000091 361131872 235535118 237008695 116464973 124123177 X ROSEMAN UNIVERSITY OF HEALTH SCIENCES ADVANCES THE HEALTH AND WELLNESS OF THE COMMUNITIES WE SERVE BY EDUCATING CURRENT AND FUTURE GENERATIONS OF HEALTH PROFESSIONALS, CONDUCTING RESEARCH AND PROVIDING PATIENT CARE. WE ACTIVELY PURSUE PARTNERSHIPS AND AFFILIATIONS THAT ARE ALIGNED WITH OUR MISSION, WORK TO CREATE AN ENVIRONMENT THAT FOSTERS BOTH INTERNAL AND EXTERNAL COLLABORATION TO ACHIEVE OPTIMAL OUTCOMES, AND ARE COMMITTED TO RESPONSIBLE FISCAL MANAGEMENT IN ALL ENDEAVORS. 0 0 42931619 325335 92588310 INSTRUCTION & RESEARCH: THE UNIVERSITY OFFERS ADVANCED HEALTH SCIENCES DEGREES SUCH AS DOCTOR OF DENTAL MEDICINE, AN ACCELERATED THREE YEAR DOCTOR OF PHARMACY, MASTER OF SCIENCE IN BIOMEDICAL SCIENCES (MBS), MASTER OF SCIENCE IN PHARMACEUTICAL SCIENCES (MSPS), TRADITIONAL BACHELORS OF SCIENCE IN NURSING DEGREE AND VETERAN TO BACHELOR'S OF SCIENCE IN NURSING DEGREE, AND BOTH ORTHODONTIC AND ADVANCED EDUCATION IN GENERAL DENTISTRY RESIDENCY PROGRAMS ACROSS ITS CAMPUSES IN NEVADA AND UTAH. APPROXIMATELY 1,756 STUDENTS WERE ENROLLED IN THESE PROGRAMS AND 582 STUDENTS GRADUATED DURING THE FISCAL YEAR. ROSEMAN IS THE LARGEST, NOT-FOR-PROFIT PRIVATE UNIVERSITY BASED IN NEVADA AND HAS CUMULATIVELY GRADUATED OVER 7,700 HEALTHCARE PROFESSIONALS SINCE ITS INCEPTION IN 1999.THE UNIVERSITY HAS OUTSTANDING TEAMS OF WORLD-CLASS RESEARCHERS FOCUSING ON CRITICAL HEALTH ISSUES SUCH AS DIABETES, OBESITY, CANCER, NEURODEGENERATIVE DISEASES LIKE ALZHEIMER'S AND PARKINSON'S, SUBSTANCE ABUSE AND DEPRESSION. THIS YEAR, THE UNIVERSITY HELD THE 6TH ANNUAL ROSEMAN UNIVERSITY OF HEALTH SCIENCES RESEARCH SYMPOSIUM WITH NUMEROUS SUBMISSIONS FROM THE UNIVERSITY COMMUNITY ACROSS MULTIPLE RESEARCH AREAS. 15084082 0 0 ACADEMIC SUPPORT AND STUDENT SERVICES: OUR FOUNDERS APPROACHED LEARNING DIFFERENTLY, THEY BELIEVED THAT STUDENTS HAVE DIFFERENT LEARNING STYLES AND MAY NEED TO BE ENGAGED DIFFERENTLY. THEY BELIEVED EVERY STUDENT CAN SUCCEED AND COMPETE AT A VERY HIGH LEVEL GIVEN THE RIGHT TOOLS AND TRAINING. USING THE SIX-POINT MASTERY LEARNING MODEL, ROSEMAN PRODUCES HIGHLY COMPETENT GRADUATES WHO EXCEED NATIONAL AVERAGE PASS RATES ON BOARD EXAMINATIONS AND ARE BEST IN BREED IN THEIR CHOSEN FIELDS. OUR STUDENTS DRAW FROM OVER 46 STATES AND 16 COUNTRIES WORLDWIDE AND THEY ACTIVELY PARTICIPATE IN NUMEROUS COMMUNITY GROUPS AND ACTIVITIES INCLUDING OFFERING FREE DENTAL CARE, IMMUNIZATIONS AND HEALTH SCREENINGS TO UNDERSERVED POPULATIONS, GUIDANCE ON MEDICARE THROUGH THE MEDICARE CALL LAB, FREE MONTHLY SPEAKER SERIES ON HEALTH RELATED TOPICS AND MUCH MORE. 58015701 1 1 0 1 0 0 0 1 1 1 1 0 0 1 1 1 0 1 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 0 0 1 1881 0 1 723 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X JEANINE TERRANCE 7029685558 11 SUNSET WAY HENDERSON NV 89014 PEDRO GREER DEAN, COLLEGE OF MEDICINE 40.00 0.00 X 674996 0 43442 RENEE COFFMAN PRESIDENT 40.00 1.00 X 571809 0 37790 KARIN ESPOSITO - SR EXEC DEAN/ACADEMIC & STUDENT AFFAIRS 40.00 0.00 X 521782 0 35786 FRANK LICARI DEAN, COLLEGE OF DENTAL MEDICINE 40.00 0.00 X 427451 0 33172 HARRY ROSENBERG PRESIDENT EMERITUS/PROFESSOR 40.00 1.00 X 372058 0 33687 EUCHARIA NNANDI CHANCELLOR, HENDERSON CAMPUS 40.00 0.00 X 364013 0 33955 DAVID GINSBERG PROFESSOR OF INTERNAL MEDICINE 40.00 0.00 X 327916 0 49046 JEREMY HINCKLEY WELLS CHANCELLOR, SOUTH JORDAN CAMPUS 40.00 0.00 X 344906 0 50164 DONALD HARMAN - ASSOC DEAN FOR ADMISS & STUDENT AFFAIRS 40.00 0.00 X 314693 0 47152 THOMAS METZGER - VP INSTITUTIONAL RESEARCH & EFFECTIVENESS 40.00 0.00 X 310520 0 31981 LARRY FANNIN DEAN, COLLEGE OF PHARMACY 40.00 0.00 X 296197 0 21721 DOUGLAS DAWES VP FOR BUSINESS & FINANCE 40.00 0.00 X 226123 0 48754 TERRELL J SPARKS VICE PRESIDENT FOR OPERATIONS 40.00 0.00 X 240914 0 36534 MARK PENN - FORMER CHANCELLOR SUMMERLIN CAMPUS THRU 08/19 0.00 0.00 X 202443 0 0 RICK SMITH CHAIR 1.00 0.00 X X 0 0 0 CARLENE WALKER VICE CHAIR 1.00 0.00 X X 0 0 0 MARK HOWARD TREASURER 1.00 0.00 X X 0 0 0 ROBERT TALLEY SECRETARY 1.00 0.00 X X 0 0 0 HUGH ANDERSON DIRECTOR 1.00 0.00 X 0 0 0 MICHELLE BELSEY DIRECTOR 1.00 0.00 X 0 0 0 SUZANNE CRAM DIRECTOR 1.00 0.00 X 0 0 0 DAVID J DUNN PAST CHAIR 1.00 0.00 X 0 0 0 JASON GLICK DIRECTOR 1.00 0.00 X 0 0 0 BRYAN LINDSEY DIRECTOR 1.00 0.00 X 0 0 0 ANNETTE LOGAN DIRECTOR 1.00 0.00 X 0 0 0 RONALD A MEMO DIRECTOR 1.00 0.00 X 0 0 0 HOLLY PRIEVO DIRECTOR 1.00 0.00 X 0 0 0 JOHN RICH DIRECTOR 1.00 0.00 X 0 0 0 DAVID STEINBERG DIRECTOR 1.00 0.00 X 0 0 0 5195821 0 503184 168 1 1 0 RBM BUILDING SERVICES INC 17 N STATE LINCOLN UT 84042 JANITORIAL SERVICES 1462460 PALAMERICAN SECURITY INC 11300 4TH ST N 150 ST PETERSBURG FL 33716 SECURITY SERVICES 1008238 FONG CONSTRUCTION 3360 E RUSSELL RD LAS VEGAS NV 89120 CONSTRUCTION SERVICES 747531 REQ WEST COAST INC DEPT LA 25095 PASADENA CA 91185 ADVERTISING 740436 NEW CONCEPTS CONSTRUCTION INC 31 W GREGSON AVE SALT LAKE CITY UT 84115 CONSTRUCTION SERVICES 702300 15 54162 3428113 1167034 688459 4649309 TUITION & FEES 611310 85474000 85474000 DENTAL CLINIC INCOME 621110 4886304 4886304 RENTAL REVENUE 531120 1098669 1098669 ORTHODONTIC CLINIC INCOME 621110 641916 641916 487421 487421 92588310 3526187 3526187 2898664 635648 2263016 2263016 2263016 42556463 11677140 42578885 6821613 -22422 4855527 4833105 4833105 8316 54162 55455 -47139 -47139 5055 11902 -6847 -6847 107805941 92588310 0 10568322 20000 20000 305335 305335 3477623 869406 2608217 43977956 28724073 15137210 116673 2559640 1696844 855110 7686 4873461 2949561 1911245 12655 3135593 2084429 1044599 6565 189570 57590 131980 279660 4331 275329 158340 158340 216750 37500 179250 107687 107687 4585027 532940 4052087 1158045 90702 1067256 87 2682994 1076366 1604805 1823 1794334 885706 908628 4093855 1209176 2880664 4015 1512289 1285016 224282 2991 174148 129385 43187 1576 8861254 5229246 3581479 50529 8911660 5132721 3735353 43586 799875 799875 DENTAL CLINIC SUPPLIES 2802393 2802393 LAB SUPPLIES 2145572 2145572 DENTAL SUPPLIES (IN-KIN 688459 688459 163826 58950 37627 67249 99675346 58015701 41344210 315435 3029559 594759 23060826 35019258 202617 461588 3437311 3954256 434847 706151 1464693 935651 309007120 73981204 245187425 235025916 61151532 66548525 -4070730 -5920385 18102011 23806153 352000091 361131872 3659349 3495071 9376001 15735299 196552252 197370387 328683 218942 24170000 18912000 1448833 1276996 235535118 237008695 X 101034597 107853572 15430376 16269605 116464973 124123177 352000091 361131872 X 8130595 1375932 -1848323 X 0 1 X 1 1 1 X 6815931 7668900 7126886 7234755 4649309 33495781 6815931 7668900 7126886 7234755 4649309 33495781 6520733 26975048 1324821 1670557 1339472 3046144 6424851 13805845 79008 75904 55066 14795 0 224773 944458 944458 48470857 467326609 0.55650 0.59360 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: EARLY TERMINATION OF LEASE INCOME - 2021 AMOUNT: $ 944,458. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 0 0 1 216750 216750 0 PART II-B, LINE 1: THE ORGANIZATION HIRED LOBBYING FIRMS TO KEEP TRACK OF LEGISLATION AFFECTING PHARMACY, NURSING, AND DENTAL ISSUES. THE ORGANIZATION ALSO PAYS DUES FOR MEMBERSHIP IN PROFESSIONAL ASSOCIATIONS. A PORTION OF SUCH DUES MAY BE USED FOR LOBBYING. 0 459658 X X 0 0 1 X 27910441 3343109 2484493 3350309 30387734 26906733 5795351 -2997006 1794637 27910441 16149070 5859756 4906307 8400 26906733 16119682 32851 3463 16149070 12089774 4001000 37558 8650 16119682 0.96960 0.03040 0.00000 0 0 58168976 58168976 198336531 36514788 161821743 14802119 11862095 2940024 31970699 25593877 6376822 5728795 10444 5718351 235025916 DEBT SERVICE RESERVE FUNDS - CURRENT 4290668 DEBT SERVICE RESERVE FUNDS - NONCURRENT 18380627 REFUNDABLE DEPOSITS 71566 CASH SURRENDER VALUE 36194 ROU ASSETS 1027098 23806153 DEFERRED RENT PAYABLE 241783 ROU LEASE LIABILITY 1035213 1276996 X 112746496 1375932 3977645 5353577 107392919 107687 305335 413022 107805941 105088292 5825968 5825968 99262324 107687 305335 413022 99675346 PART III, LINE 4: ART COLLECTIONS ARE CONSIDERED INEXHAUSTIBLE AND ARE NOT DEPRECIATED. PROCEEDS FROM THE SALE OF ANY COLLECTION ITEMS ARE TO BE USED TO PURCHASE ADDITIONAL COLLECTION ITEMS OR FOR THE DIRECT CARE OF EXISTING COLLECTIONS. DIRECT CARE OF COLLECTIONS IS DEFINED AS ANY ACTIVITY THAT INVOLVES THE PROTECTION AND PRESERVATION OF THE COLLECTION. A COLLECTION OF PROFESSIONAL JOURNALS ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS IS NOT RECOGNIZED AS AN ASSET IN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. THE UNIVERSITY'S COLLECTION OF PROFESSIONAL JOURNALS IS HELD FOR EDUCATIONAL AND RESEARCH PURPOSES. EACH OF THE ITEMS IS CATALOGUED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED REGULARLY. THE UNIVERSITY'S POLICY REQUIRES PROCEEDS FROM ANY SALES OF COLLECTION MATERIALS TO BE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. PART IV, LINE 2B: FUNDS HELD FOR STUDENTS ORGANIZATIONS. PART V, LINE 4: THE ROSEMAN UNIVERSITY ENDOWMENT FUND IS USED TO SUPPORT THE EDUCATIONAL MISSION OF THE UNIVERSITY. THE UNIVERSITY INTENDS TO USE THE ENDOWMENT FUNDS FOR SCHOLARSHIPS, OTHER STUDENT ACTIVITY SUPPORT AND FOR GENERAL OPERATIONS. THE BOARD DESIGNATED ENDOWMENT IS BEING HELD UNTIL THE BOARD DETERMINES SPECIFIC USES. THE PERMANENT ENDOWMENT IS PRIMARILY FOR SCHOLARSHIPS. PART X, LINE 2: THE UNIVERSITY IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY IS THE SOLE MEMBER OF RMER; ROSEMAN BIOTECHNOLOGIES, LLC; AND ROSEMONT ENTERPRISES II, LLC, ALL SINGLE MEMBER LIMITED LIABILITY COMPANIES TREATED AS DISREGARDED ENTITIES FOR TAX PURPOSES. THE UNIVERSITY MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES ON ANY NET INCOME FROM UNRELATED BUSINESS ACTIVITIES. THE UNIVERSITY FILES A SEPARATE FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY AND UNRELATED BUSINESS INCOME (UBI) IS REPORTED ON FORM 990-T, AS APPROPRIATE. FINANCIAL AND OTHER INFORMATION APPLICABLE TO THE UNIVERSITY'S DISREGARDED ENTITIES IS REPORTED IN THE UNIVERSITY'S ANNUAL FORM 990, AS APPROPRIATE. ROSEMAN UNIVERSITY HEALTH SYSTEM DBA ROSEMAN MEDICAL GROUP; ROSEMAN ONCOLOGY, INC.; AND ROSEMAN DIAGNOSTICS, INC. WILL EACH FILE A FORM 1120. MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS, WHICH INCLUDE SUCH MATTERS AS THE TAX-EXEMPT STATUS AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UBI. AS OF JUNE 30, 2023 AND 2022, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABILITY. ADDITIONALLY, MANAGEMENT HAS EVALUATED THE TAX BENEFIT / PROVISION OF GAINS AND LOSSES FROM ITS COMMERCIAL SUBSIDIARIES AND CONCLUDED THERE WERE NO SIGNIFICANT TAX LIABILITIES OR DEFERRED TAX ASSETS AS OF JUNE 30, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF RELATED ORGANIZATION INCLUDED IN FINANCIAL STATEMENTS 727,301. RENTAL EXPENSES 1,068,366. SUPPORT TO COLLEGE OF MEDICINE 2,181,978. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED WITH REVENUE 305,335. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF RELATED ORGANIZATION INCLUDED IN FINANCIAL STATEMENTS 2,575,624. RENTAL EXPENSES 1,068,366. SUPPORT TO COLLEGE OF MEDICINE 2,181,978. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED WITH REVENUE 305,335. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 IT IS POSTED ON OUR WEBSITE AND LINKED FROM OUR HOME PAGE. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVED TITLE IV FINANCIAL AID AND ASSISTANCE FROM PELL, SUBSIDIZED, UNSUBSIDIZED, DIRECT LOANS, AND SEOG, AS WELL AS STUDENT SCHOLARSHIPS AND GRANTS. GOLF EVENT 62478 54162 8316 4902 5407 45146 62478 54162 8316 4902 5407 45146 55455 -47139 1 CURE 4 KIDS FOUNDATION (ALLIANCE FOR CHILDHOOD DISEASES) ONE BREAKTHROUGH WAY LAS VEGAS NV 89135 260286469 501(C)(3) 10000 0 ENTERTAINMENT SPONSORSHIP CIRCUS COUTURE 2023 FOURTH STREET CLINIC 409 WEST 400 SOUTH SALT LAKE CITY UT 84101 870569356 501(C)(3) 10000 0 2022 TOAST TO GOOD HEALTH SPONSORSHIP, 2023 TOAST TO GOOD HEALTH SPONSORSHIP 2 0 INTERNAL SCHOLARSHIPS 236 305335 PART I, LINE 2: SCHOLARSHIPS AND GRANTS ARE DETERMINED BY PROGRAM COMMITTEES AND ARE RECORDED ON STUDENT LEDGERS. EACH PROGRAM SELECTS ITS INTERNAL SCHOLARSHIP AWARDEES, SUBJECT TO REVIEW BY THE FINANCIAL AID OFFICE. THE FINANCIAL AID OFFICE AWARDS SDS SCHOLARSHIPS. THE UNIVERSITY ACCOUNTING OFFICE MAINTAINS RECORDS OF AMOUNTS AWARDED AND DISBURSED. X X X 0 1 X X X 1 0 0 0 0 0 0 0 0 PEDRO GREER DEAN, COLLEGE OF MEDICINE 641192 0 0 0 33804 0 22875 0 20567 0 718438 0 0 0 RENEE COFFMAN PRESIDENT 503842 0 0 0 67967 0 17004 0 20786 0 609599 0 0 0 KARIN ESPOSITO - SR EXEC DEAN/ACADEMIC & STUDENT AFFAIRS 518199 0 0 0 3583 0 22875 0 12911 0 557568 0 0 0 FRANK LICARI DEAN, COLLEGE OF DENTAL MEDICINE 419551 0 0 0 7900 0 22875 0 10297 0 460623 0 0 0 HARRY ROSENBERG PRESIDENT EMERITUS/PROFESSOR 296792 0 0 0 75266 0 22875 0 10812 0 405745 0 0 0 EUCHARIA NNANDI CHANCELLOR, HENDERSON CAMPUS 354209 0 0 0 9804 0 22875 0 11080 0 397968 0 0 0 DAVID GINSBERG PROFESSOR OF INTERNAL MEDICINE 326062 0 0 0 1854 0 21941 0 27105 0 376962 0 0 0 JEREMY HINCKLEY WELLS CHANCELLOR, SOUTH JORDAN CAMPUS 338597 0 0 0 6309 0 19842 0 30322 0 395070 0 0 0 DONALD HARMAN - ASSOC DEAN FOR ADMISS & STUDENT AFFAIRS 306025 0 0 0 8668 0 22875 0 24277 0 361845 0 0 0 THOMAS METZGER - VP INSTITUTIONAL RESEARCH & EFFECTIVENESS 303411 0 0 0 7109 0 22875 0 9106 0 342501 0 0 0 LARRY FANNIN DEAN, COLLEGE OF PHARMACY 283957 0 0 0 12240 0 9924 0 11797 0 317918 0 0 0 DOUGLAS DAWES VP FOR BUSINESS & FINANCE 219962 0 0 0 6161 0 17949 0 30805 0 274877 0 0 0 TERRELL J SPARKS VICE PRESIDENT FOR OPERATIONS 231253 0 0 0 9661 0 18211 0 18323 0 277448 0 0 0 MARK PENN - FORMER CHANCELLOR SUMMERLIN CAMPUS THRU 08/19 0 0 0 0 202443 0 0 0 0 0 202443 0 0 0 PART I, LINE 1A HARRY ROSENBERG, RENEE COFFMAN, AND PEDRO GREER WERE PROVIDED HOUSING ALLOWANCES WITH BOARD APPROVAL. THESE AMOUNTS ARE INCLUDED IN TAXABLE INCOME AND REPORTED ON SCHEDULE J, PART II, COLUMN B (III). PART I, LINE 1B HOUSING ALLOWANCES AND GROSS UP PAYMENTS ARE APPROVED AS PART OF THE COMPENSATION PACKAGE FOR SELECT OFFICERS AND KEY EMPLOYEES. THESE PAYMENTS ARE APPROVED IN ADVANCE AND ARE NOT IN A WRITTEN UNIVERSITY POLICY. PART I, LINE 4A SEVERANCE PAYMENTS ARE MADE BASED UPON AGREEMENTS BETWEEN CERTAIN QUALIFYING EMPLOYEES AND ROSEMAN UNIVERSITY OF HEALTH SCIENCES. DETAILS OF THE TERMS AND CONDITIONS OF THE SEVERANCE AGREEMENTS ARE AVAILABLE TO THE IRS UPON REQUEST. MARK PENN - SEVERANCE PAYMENT - $202,443 A PUBLIC FINANCE AUTHORITY 273866124 744429AU9 2015-04-08 67500000 ACQUISITIONS, EQUIPPING, & CONSTRUCTION, & REFINANCE 0 0 0 B PUBLIC FINANCE AUTHORITY 273866124 74442PPB5 2020-03-12 70315000 ACQUISITIONS, EQUIPPING, & CONSTRUCTION 0 0 0 C PUBLIC FINANCE AUTHORITY 273866124 2021-10-08 570000 ACQUISITIONS, EQUIPPING, & CONSTRUCTION 0 0 0 D PUBLIC FINANCE AUTHORITY 273866124 74442PVV4 2022-02-03 56855000 ACQUISITIONS, EQUIPPING, & CONSTRUCTION/REFUND PRIOR BOND 0 0 0 A 7365000 69618247 4949300 24567828 1249435 38564124 2015 1 1 1 1 B 3420000 81391218 4585205 436893 1948139 74479480 17283 2020 0 0 0 1 C 173000 570450 9539 3211 576396 0 0 0 1 D 540000 63372306 3397601 402928 26079682 33504038 2022 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 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 0 0 1 0 0 0 0 1 B 0 0 0 1 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 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: PUBLIC FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/24/2020 ISSUER NAME: PUBLIC FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/05/2023 SCHEDULE K, PART II, LINE 3: THIS AMOUNT INCLUDES ORIGINAL ISSUE PREMIUM FOR BOND B. SCHEDULE K, PART I, LINE A, ENTITY 2: THE $4,846,000 BOND REPORTED ON PART I, LINE A OF ENTITY 2 IS PART OF A CONVERTIBLE TAX-EXEMPT BOND. THE $4,846,000 IS THE PORTION THAT WAS CONVERTED TO TAX-EXEMPT IN 2022. SCHEDULE K, PART II, LINE 3: THE TOTAL PROCEEDS OF THE 2015, 2020, 2021B, AND 2022 SERIES BONDS DIFFERS FROM THE GROSS PROCEEDS REPORTED IN PART I, COLUMN (E) FOR INTEREST EARNED ON THE FUNDS AS WELL AS TRANSFERS BETWEEN FUNDS. SCHEDULE K, PART III: THE UNIVERSITY MONITORS USE OF BOND FINANCED FACILITIES AND HAS DETERMINED THAT IT HAS NO MANAGEMENT OR SERVICE CONTRACTS, RESEARCH CONTRACTS, UNRELATED TRADE OR BUSINESS ACTIVITIES, OR OTHER ACTIVITIES IN BOND-FINANCED FACILITIES THAT WOULD RESULT IN PRIVATE BUSINESS USE EXCEPT FOR THE DE MINIMIS AMOUNT INDICATED IN PART III. A PUBLIC FINANCE AUTHORITY 273866124 2022-09-01 4846000 CAPITAL IMPROVEMENTS 0 0 0 A 103000 4846000 4846000 2021 0 0 1 1 A 0 1 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 0 A 1 HARRY ROSENBERG FAMILY MEMBER OF RENEE COFFMAN, PRESIDENT 317243 COMPENSATION AS PRESIDENT EMERITUS AND PROFESSOR OF THE UNIVERSITY 0 RENEE COFFMAN FAMILY MEMBER OF HARRY ROSENBERG, PRESIDENT EMERITUS 623416 COMPENSATION AS PRESIDENT OF THE UNIVERSITY 0 X 6 333459 COST X GIK SEWER DEVELOPMENT PROJECT 1 355000 COST 0 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION A, LINE 2 HARRY ROSENBERG AND RENEE COFFMAN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE UNIVERSITY DID NOT HAVE MEMBERS, STOCKHOLDERS, OR OTHER PERSONS WHO HAD THE POWER TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY, BUT IN AN AGREEMENT BETWEEN ROSEMAN UNIVERSITY AND ALLIANCE FOR CHILDHOOD DISEASES, THE CEO OF ALLIANCE FOR CHILDHOOD DISEASES WILL SERVE AS A VOTING MEMBER OF THE BOARD OF TRUSTEES OF ROSEMAN UNIVERSITY AND THE CEO OF ROSEMAN UNIVERSITY WILL SERVE AS A VOTING MEMBER OF THE BOARD OF TRUSTEES OF ALLIANCE FOR CHILDHOOD DISEASES. FORM 990, PART VI, SECTION B, LINE 11B THE OUTSIDE TAX PREPARER AND VP OF BUSINESS AND FINANCE REVIEW THE FORM 990 WITH THE FINANCE COMMITTEE WHO IS RESPONSIBLE FOR PROVIDING FEEDBACK AND APPROVAL FOR FILING OF THE FORM. A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN AND COMPLETE AN ANNUAL FORM TO ENSURE COMPLIANCE WITH THE POLICY. ALL EMPLOYEES ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST IN ACCORDANCE WITH THE POLICIES SET OUT IN THE EMPLOYEE HANDBOOK. IF ANY TRUSTEE, OFFICER, DIRECTOR, AND/OR EMPLOYEE GIVES NOTICE OF A CONFLICT OF INTEREST OR RELATIONSHIP, HE/SHE SHALL THEREAFTER REFRAIN FROM DISCUSSING OR VOTING ON THE PARTICULAR TRANSACTION IN WHICH HE/SHE HAS AN INTEREST, OR OTHERWISE ATTEMPTING TO EXERT ANY INFLUENCE ON THE UNIVERSITY, OR ITS COMPONENTS TO AFFECT A DECISION TO PARTICIPATE OR NOT PARTICIPATE IN SUCH TRANSACTION. FOR EMPLOYEES, THE EMPLOYEE'S IMMEDIATE SUPERVISOR AND THE DIRECTOR OF HUMAN RESOURCES WILL REVIEW THE CONFLICT OF INTEREST FORM. THE VP OF BUSINESS AND FINANCE/TREASURER WILL ALSO REVIEW THE FORMS FOR CONFLICTS OF INTEREST AND WILL TAKE APPROPRIATE ACTION. IF THE INTEREST IS DEEMED A CONFLICT, IT WILL BE PRESENTED TO THE PRESIDENT AND TO ADMINISTRATIVE COUNCIL FOR DISCUSSION AND POSSIBLE ACTION. FOR BOARD MEMBERS, THE CONFLICT OF INTEREST FORMS WILL BE DISCUSSED AT THE BOARD MEETING. IF A CONFLICT OF INTEREST OR RELATIONSHIP IS DEEMED BY THE BOARD, THE CONFLICTED BOARD MEMBER WILL BE REQUIRED TO RECUSE HIM OR HERSELF FROM INVOLVEMENT IN ANY DECISION OR DISCUSSION WHICH THE CONFLICT HAS BEEN IDENTIFIED. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S SALARY AND BENEFITS ARE SET ANNUALLY BY AN EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AFTER REVIEWING INFORMATION ON COMPARABLE SALARIES FOR UNIVERSITY PRESIDENTS. THERE IS A WRITTEN AGREEMENT FOR COMPENSATION OF THE PRESIDENT EMERITUS THAT WAS APPROVED BY THE BOARD OF TRUSTEES. OTHER OFFICER AND KEY EMPLOYEE SALARIES ARE DETERMINED BY THEIR SUPERVISORS USING COMPARATIVE UNIVERSITY DATA. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: NET INCOME (LOSS) OF SUBSIDIARIES -1,848,323. ROSEMAN MEDICAL EDUCATION AND RESEARCH LLC (RMER) 11 SUNSET WAY HENDERSON NV 89014 MEDICAL EDUCATION & RESEARCH NV 0 9044000 ROSEMAN UNIVERSITY OF HEALTH SCIENCES ROSEMONT ENTERPRISES II LLC 11 SUNSET WAY HENDERSON NV 89014 MEDICAL EDUCATION & RESEARCH NV 0 0 ROSEMAN UNIVERSITY OF HEALTH SCIENCES ROSEMAN BIOTECHNOLOGIES LLC 11 SUNSET WAY HENDERSON NV 89014 MEDICAL EDUCATION & RESEARCH NV 0 0 ROSEMAN UNIVERSITY OF HEALTH SCIENCES ROSEMAN DIAGNOSTICS INC 11 SUNSET WAY HENDERSON NV 89014 821820454 MEDICAL EDUCATION & RESEARCH NV ROSEMAN UNIVERSITY OF HEALTH SCIENCES C 1.00000 1 ROSEMAN ONCOLOGY INC 11 SUNSET WAY HENDERSON NV 89014 821813676 MEDICAL EDUCATION & RESEARCH NV ROSEMAN UNIVERSITY OF HEALTH SCIENCES C 1.00000 1 ROSEMAN UNIVERSITY HEALTH SYSTEM (DBA ROSEMAN MEDICAL GROUP) 11 SUNSET WAY HENDERSON NV 89014 814425246 MEDICAL EDUCATION & RESEARCH NV ROSEMAN UNIVERSITY OF HEALTH SCIENCES C 727301 899696 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 ROSEMAN UNIVERSITY HEALTH SYSTEM O 1409835 FMV