2025-05-06T14:49:55+00:00 2024-06-30 440160260 Forvis Mazars LLP 820 Massachusetts Ave Suite 1370 Indianapolis IN 46204 990 2023-07-01 410969244 College of Saint Benedict COLL 3203635999 37 S College Ave Saint Joseph MN 56374 Anne Oberman CFO 3203635103 2025-05-06 true Nicole Fishback P01279475 3173834000 2025-05-15 2023 2025-03-06 01:10:19Z Anne Oberman 37 S College Ave Saint Joseph MN 56374 146076958 false X www.csbsju.edu X 1913 MN TO PROVIDE FOR WOMEN THE BEST RESIDENTIAL LIBERAL ARTS EDUCATION IN THE CATHOLIC BENEDICTINE TRADITIONS. THE COLLEGE FOSTERS INTEGRATED LEARNING, EXCEPTIONAL LEADERSHIP FOR CHANGE AND WISDOM FOR A LIFETIME. 35 34 1810 1200 354909 67026 18633532 8754442 91492301 92867636 5668138 3678822 3067996 353779 118861967 105654679 42972018 44863821 0 0 35864466 35763425 0 0 2966121 27908023 29231409 106744507 109858655 12117460 -4203976 276372938 280656848 49120593 46675117 227252345 233981731 THE MISSION OF THE COLLEGE OF SAINT BENEDICT IS TO PROVIDE FOR WOMEN THE BEST RESIDENTIAL LIBERAL ARTS EDUCATION IN THE CATHOLIC BENEDICTINE TRADITIONS. THE COLLEGE FOSTERS INTEGRATED LEARNING, EXCEPTIONAL LEADERSHIP FOR CHANGE AND WISDOM FOR A LIFETIME. false false 84614868 44863821 75353196 HIGHER EDUCATION: EDUCATIONAL INSTRUCTION, 1,436 FALL FTE STUDENTS ENROLLED IN UNDERGRADUATE COURSES, 337 GRADUATES. THE COLLEGE OF SAINT BENEDICT WILL BE NATIONALLY RECOGNIZED AS A COMMUNITY THAT PROVIDES A LIBERAL ARTS EDUCATION PREPARING WOMEN TO THINK CRITICALLY, LEAD COURAGEOUSLY, AND ADVOCATE PASSIONATELY. THE COLLEGE OF SAINT BENEDICT DESIGNS PROGRAMS TO MEET THE NEEDS AND ASPIRATIONS OF YOUNG WOMEN, EMPHASIZING WOMEN'S LEADERSHIP AND A PERSONAL DEVELOPMENT PROFILE THAT INCLUDES INTELLECTUAL, SPIRITUAL, EMOTIONAL AND PHYSICAL DEVELOPMENT. ITS VALUES-BASED AND VALUE-ADDED RESIDENTIAL LIBERAL ARTS EDUCATION PROVIDES THE FRAMEWORK FOR FULFILLING LIVES OF DISCIPLINED INQUIRY AND LEADERSHIP IN CAREERS DEVOTED TO THE PROFESSIONS, PUBLIC LIFE AND SERVICE TO OTHERS. 12365384 0 17118311 HIGHER EDUCATION: AUXILIARY REVENUE (DINING, HOUSING, ETC.) 1,436 STUDENTS. THE RESIDENTIAL LIFE PROGRAM AT THE COLLEGE OF SAINT BENEDICT PROVIDES A FOUR-YEAR RESIDENTIAL EXPERIENCE OF COMMUNITY LIVING WHICH SUPPORTS AND CHALLENGES OUR STUDENTS WITH OPPORTUNITIES FOR PERSONAL AND SOCIAL GROWTH. THIS EXPERIENCE ALLOWS WOMEN TO DEVELOP AN UNDERSTANDING AND APPRECIATION OF THEIR RESPONSIBILITIES TO THEMSELVES AND OTHERS LIVING IN THE COMMUNITY ON CAMPUS AND BEYOND. 0 0 751009 OTHER PROGRAM SERVICES: FINE ARTS PROGRAMMING AND OTHER STUDENT AND COMMUNITY SERVICES DESIGNED TO FOSTER DEVELOPMENT AND GROWTH OUTSIDE THE CLASSROOM. OUR FINE ARTS EVENTS BRING REGIONAL AND NATIONAL ARTISTS TO OUR COMMUNITY. OTHER PROGRAMS INCLUDE SERVICE TRIPS, CONFERENCES, SERVICE TO OTHER ORGANIZATIONS, AND CAMPUS EVENTS. 96980252 true true false true false false false true true true true false false true true true false true true true false false false true false false false true true true false false false false false false false false false false true false false false false true false false false true X 156 0 true 1810 true true true true JA UK false false false true true false false false false false false X 35 34 false false false false true true true true true false false false true true true true true true true false CO FL HI ME MD MA MI NV NH NY OH OK OR PA SC VA WA X Anne Oberman 3203635999 37 S College Ave Saint Joseph MN 56374 Bennett Morgan Board Vice Chair 4.0 0.0 X X 0 0 0 Brian Bruess CSB & SJU President 60.0 0.0 X X 508652 0 80161 Leanne Stewart Board Chair 6.0 0.0 X X 0 0 0 Barbara Brandes Trustee 2.0 0.0 X 0 0 0 Bill Lies CSC Trustee 2.0 0.0 X 0 0 0 Br Aelred Senna OSB Trustee 2.0 0.0 X 0 0 0 Br Benedict Leuthner OSB Trustee through 09/2023 2.0 0.0 X 0 0 0 Br Dennis Beach OSB Trustee 2.0 0.0 X 0 0 0 Brian McGrane Trustee 3.0 0.0 X 0 0 0 Carol Schleif Trustee 3.0 0.0 X 0 0 0 Chip Ray Trustee 2.0 0.0 X 0 0 0 Corie Barry Trustee 3.0 0.0 X 0 0 0 Dan Whalen Trustee 2.0 0.0 X 0 0 0 Daniel Scott Trustee 2.0 0.0 X 0 0 0 Dave Roberts Trustee 3.0 0.0 X 0 0 0 Ed Bonach Trustee 2.0 0.0 X 0 0 0 Edwin Torres Trustee 2.0 0.0 X 0 0 0 Greg Melsen Trustee 2.0 0.0 X 0 0 0 Greg Soukup Trustee 3.0 0.0 X 0 0 0 Gretchen Agee Trustee 2.0 0.0 X 0 0 0 Joan Lescinski CSJ Trustee 2.0 0.0 X 0 0 0 Jona Van Deun Trustee 3.0 0.0 X 0 0 0 Kelly Skalicky Trustee 2.0 0.0 X 0 0 0 Lynn Myhran Trustee 3.0 0.0 X 0 0 0 Marilyn Porter Trustee 2.0 0.0 X 0 0 0 Mary Dombovy Trustee 2.0 0.0 X 0 0 0 Mary Kramer Trustee through 09/2023 2.0 0.0 X 0 0 0 Mary Thompson Trustee 2.0 0.0 X 0 0 0 Michele Martin Trustee 2.0 0.0 X 0 0 0 Nickolas Kleespie OSB Trustee Beg. 09/2023 2.0 0.0 X 0 0 0 Philip Galanis Trustee 2.0 0.0 X 0 0 0 S Mary Reuter OSB Trustee 2.0 40.0 X 0 0 0 S Michaela Hedican OSB Trustee 2.0 40.0 X 0 0 0 S Nina Lasceski OSB Trustee 2.0 40.0 X 0 0 0 Sandy Forster Trustee 2.0 0.0 X 0 0 0 Scott Becker Trustee 3.0 0.0 X 0 0 0 Tom Nicol Trustee 3.0 0.0 X 0 0 0 Anne Oberman Chief Financial Officer 50.0 0.0 X 172999 0 42508 Cheryl Stanton Gen. Counsel/Board Secretary 50.0 0.0 X 254041 0 21107 Heather Pieper-Olson VP Institutional Advancement 50.0 0.0 X 200829 0 41700 Mary Geller Associate Provost 50.0 0.0 X 152390 0 43722 Casey Gordon CIO 50.0 0.0 X 157782 0 46431 Cory Piper Dean of Admissions/Sr Officer 50.0 0.0 X 160625 0 21916 Karyl Daughters Dean of Curriculum & Assessment 50.0 0.0 X 124412 0 85506 Pamela Bacon Assoc. Provost/Dean of Faculty 50.0 0.0 X 138015 0 35876 Sandra Mitchell Senior Diversity Officer 50.0 0.0 X 150919 0 11865 Susan Palmer Former VP Finance & Administration 0.0 0.0 X 152526 0 0 2173190 0 430792 31 true true false COLLEGE YEAR IN ATHENS INC PO BOX 390890 CAMBRIDGE MA 02139 STUDENT SERVICES 524875 GRANITE CITY ROOFING INC PO BOX 1482 ST CLOUD MN 56302 CONSTRUCTION 493766 UNIVERSITY OF MINNESOTA PO BOX 1450 MINNEAPOLIS MN 55485 Student Services 454920 BUILDING RESTORATION SERVICES 1920 OAKCREST AVE STE 1 ROSEVILLE MN 554855960 CONSTRUCTION 451003 WEIDNER'S PLUMBING & HEATING CO PO BOX 1087 SAINT CLOUD MN 56302 CONSTRUCTION 440562 30 22735 7700 1488783 7235224 231713 8754442 TUITION AND FEES 611310 76147630 76147630 AUXILIARY REVENUE 721310 15968997 15594162 374835 OTHER SOURCES - FINE ARTS 711190 751009 680024 70985 0 0 0 0 92867636 2179700 -90911 2270611 0 0 41119439 0 39305336 314981 1814103 -314981 1499122 1499122 6427 22735 7528 -1101 -1101 1149314 794434 354880 354880 0 0 0 0 0 105654679 92776696 354909 3768632 4000 4000 44859821 44859821 0 0 0 0 1713105 346803 1060208 306094 0 0 0 0 25037224 21283456 2361130 1392638 1709357 1434583 159751 115023 5332760 4083043 981331 268386 1970979 1553475 281952 135552 487208 220311 122702 144195 92304 0 92304 0 92750 0 92750 0 96758 0 96758 0 0 0 363373 0 363373 0 0 0 0 0 700099 193381 384600 122118 659905 501169 128105 30631 1913351 1798939 10662 103750 0 0 0 0 5456322 4606143 850179 0 1176230 1087357 41060 47813 0 0 0 0 972838 547186 168627 257025 1403041 1106514 296527 0 0 0 0 0 6632406 5738159 894247 0 840429 361291 466193 12945 Student Programming 5635821 5635821 Equipment Repair and Maintenance 1830039 1336903 493136 0 Training and Development 561790 205606 331159 25025 UBI Tax 13527 13527 303218 76291 222001 4926 109858655 96980252 9912282 2966121 33677960 32165369 5719438 3876439 568591 532226 0 0 0 0 1225744 708586 369612 340062 1268177 1347840 202614837 100222935 106509776 102391902 38121089 40920932 86306221 97211340 0 2606330 1162152 276372938 280656848 4560940 4682952 1059893 1222214 38082002 36188616 295163 121530 0 0 0 5122595 4459805 49120593 46675117 X 107382903 103641847 119869442 130339884 227252345 233981731 276372938 280656848 X -4203976 10959429 -26067 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 96758 96758 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY COLLEGE OF SAINT BENEDICT 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. COLLEGE OF SAINT BENEDICT PAID MEMBERSHIP DUES TO MPCC IN THE AMOUNT OF $120,537 DURING THE TAXABLE YEAR. MPCC HAS DIVIDED ITS EXPENSES FOR ITS TAXABLE YEAR ENDING JUNE 30, 2024 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 BETWEEN LOBBYING AND NONLOBBYING ACTIVITIES. MPCC HAS DETERMINED THAT THE AMOUNT OF THE GROUP 2 EXPENSES REPRESENTS 80.27% OF THE AMOUNT OF THE DUES THAT MPCC COLLECTED IN THE SAME TAXABLE YEAR. ASSUMING THAT ALL GROUP 2 EXPENSES WERE FROM MEMBER DUES, AND ALLOCATING THOSE EXPENSES PRO RATA BASED ON THE DUES PAID BY EACH MEMBER, $96,758 OF COLLEGE OF SAINT BENEDICT'S DUES WERE USED TO PAY GROUP 2 EXPENSES. THE AMOUNT OF LOBBYING EXPENSES PAID FROM COLLEGE OF SAINT BENEDICT'S DUES WAS SIGNIFICANTLY LESS THAN THAT AMOUNT. false true X 118034432 3758303 13104548 2431148 1524182 363373 130578580 102989504 8509169 10811868 2430894 1524023 321192 118034432 111096479 5482074 -9491395 2369555 1324052 404047 102989504 86715330 4761625 23417921 2243381 1225559 329457 111096479 83506118 2854684 3759766 1910623 1258162 236453 86715330 0.0867 0.649 0.2643 false false 1034602 1034602 148412486 65544732 82867754 38915453 27454041 11461412 14252296 7224162 7028134 102391902 GLOBAL EQUITY FUNDS 57105834 F HEDGE FUND OF FUNDS 8195918 F PRIVATE PARTNERSHIP 21714137 F FOR OTHERS 888891 F FIXED INCOME FUNDS 5905145 F REAL ESTATE FUNDS 3401415 F 97211340 ANNUITIES PAYABLE 356807 GOV'T GRANTS REPAYABLE 1460505 STUDY ABROAD DEPOSITS 647648 ASSET RETIREMENT OBLIGATION 1683142 OPERATING LEASE LIABILITY 311703 4459805 X 72162809 10959429 0 0 801962 11761391 60401418 363373 44889888 45253261 105654679 65433423 0 0 0 801962 801962 64631461 363373 44863821 45227194 109858655 Schedule D, Part IV, Line 2b Explanation of escrow agreement THE COLLEGE'S FUNDS HELD FOR OTHERS INCLUDE PART OF A DESIGNATED GIFT AND STUDENT GROUP FUNDS. Schedule D, Part V, Line 4 Intended uses of endowment funds ENDOWMENT DRAW IS USED TO FUND STUDENT SCHOLARSHIPS AND ACADEMIC PROGRAMS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 COST OF GOODS SOLD - 794434 DIRECT FUNDRAISING EXPENSES - 7528 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements STUDENT FINANCIAL AID - 44863821 ADJUSTMENT OF ACTUARIAL LIABILITY - 26067 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 COST OF GOODS SOLD - 794434 DIRECT FUNDRAISING EXPENSES - 7528 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements STUDENT FINANCIAL AID - 44863821 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY COLLEGE OF SAINT BENEDICT INCLUDES RACIALLY NONDISCRIMNATORY POLICIES IN NEWSPAPER AND ONLINE PUBLICATIONS FOR JOB SEARCHES AND PUBLICATIONS THAT GO OUT TO CURRENT, FORMER, AND POTENTIAL STUDENTS. IN ADDITION, THESE POLICIES ARE INCLUDED IN ALL PRINTED MATERIALS AS WELL AS ON THE ORGANIZATION'S WEBSITE. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT COLLEGE OF SAINT BENEDICT RECEIVES FINANCIAL AID FOR STUDENTS FROM FEDERAL AND STATE SOURCES. Central America and the Caribbean 0 2 Program Services STUDENT PROGRAMS 29133 East Asia and the Pacific 0 2 Program Services STUDENT PROGRAMS 114118 Europe (Including Iceland and Greenland) 0 8 Program Services STUDENT PROGRAMS 1483330 North America (Canada & Mexico only) 0 2 Program Services STUDENT PROGRAMS 17414 South America 0 3 Program Services STUDENT PROGRAMS 94693 South Asia 0 0 Program Services STUDENT PROGRAMS 14739 Sub-Saharan Africa 0 3 Program Services STUDENT PROGRAMS 167249 Central America and the Caribbean 0 0 Investments 18362518 0 20 0 0 0 20 20283194 0 20283194 true false true false true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual GOLF CLASSIC 29162 22735 6427 4180 2231 1117 0 0 29162 22735 6427 4180 2231 1117 7528 -1101 true TUITION AND FEE SCHOLARSHIPS 1392 44859821 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. DOCUMENTATION IS MAINTAINED WHICH SUBSTANTIATES ELIGIBILITY AND THE AMOUNT OF ASSISTANCE GIVEN TO STUDENTS. NEED BASED ELIGIBILITY FOR SCHOLARSHIPS IS DETERMINED USING VARIOUS FACTORS TO ASSESS ACADEMIC PERFORMANCE OF THE STUDENT. X X true true X X X X X X true false false false false false false false false Brian Bruess CSB & SJU President 442331 0 55048 0 11273 0 5400 0 74761 0 588813 0 0 0 Susan Palmer Former VP Finance & Administration 0 0 0 0 152526 0 0 0 0 0 152526 0 0 0 Cheryl Stanton Gen. Counsel/Board Secretary 242003 0 0 0 12038 0 7435 0 13672 0 275148 0 0 0 Anne Oberman Chief Financial Officer 171645 0 0 0 1354 0 16428 0 26080 0 215507 0 0 0 Mary Geller Associate Provost 150857 0 0 0 1533 0 14220 0 29502 0 196112 0 0 0 Heather Pieper-Olson VP Institutional Advancement 200371 0 0 0 458 0 18793 0 22907 0 242529 0 0 0 Casey Gordon CIO 157388 0 188 0 206 0 14988 0 31443 0 204213 0 0 0 Pamela Bacon Assoc. Provost/Dean of Faculty 137479 0 0 0 536 0 13148 0 22728 0 173891 0 0 0 Sandra Mitchell Senior Diversity Officer 150091 0 0 0 828 0 1412 0 10453 0 162784 0 0 0 Cory Piper Dean of Admissions/Sr Officer 155081 0 44 0 5500 0 2850 0 19066 0 182541 0 0 0 Karyl Daughters Dean of Curriculum & Assessment 123808 0 0 0 604 0 11701 0 73805 0 209918 0 0 0 Schedule J, Part I, Line 1a Travel for companions TRAVEL FOR THE PRESIDENT'S SPOUSE IS OCCASSIONALLY PROVIDED IF IT SERVES THE BUSINESS PURPOSE OF THE COLLEGE TO HAVE HER ACCOMPANY THE PRESIDENT. IF IT SERVES A BUSINESS PURPOSE, IT IS NOT INCLUDED IN TAXABLE INCOME FOR THE PRESIDENT. Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE COLLEGE PROVIDES A RESIDENCE AND HOUSEHOLD SERVICES FOR THE PRESIDENT. THE RESIDENCE IS NOT INCLUDED IN THE PRESIDENT'S TAXABLE INCOME. THE RESIDENCE IS FURNISHED FOR THE CONVENIENCE OF THE COLLEGE, AND IT IS AVAILABLE FOR USE TO HOST FACULTY, STAFF, AND STUDENT FUNCTIONS. THE PRESIDENT WAS REQUIRED TO LIVE IN THE RESIDENCE AS A CONDITION OF EMPLOYMENT, AND IS CONTIGUOUS TO THE COLLEGE'S CAMPUS. HOUSING IS SUPPLIED TO THE GENERAL COUNSEL/BOARD SECRETARY AND IS CONSIDERED A TAXABLE BENEFIT, INCLUDED IN TAXABLE COMPENSATION. Schedule J, Part I, Line 4a Severance or change-of-control payment THE FOLLOWING INDIVIDUAL RECEIVED SEVERANCE PAYMENTS: SUSAN PALMER: $152,526 Schedule J, Part II, Column (D) Nontaxable Benefits COLUMN D INCLUDES TUITION REMISSION BENEFITS FOR ONE OR MORE FAMILY MEMBERS OF KARYL DAUGHTERS. A 7T MN HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416HZX5 2013-01-23 5235000 REFINANCE 5W BONDS, ORIGINALLY FOR VARIOUS STUDENT HOUSING REMODELING PROJECTS false false false B 8K MN HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416HX90 2016-04-21 36875279 FINANCE RENOVATION PROJECTS AND ATHLETIC FIELDS false false false C 17A MN HIGHER EDUCATION FACILITIES BOARD 410988525 60416JAR1 2017-12-29 8605000 REFINANCE 6V AND ADVANCE REFUNDING false false false A 5235000 0 5235000 0 0 0 91951 0 0 5235000 0 0 2013 false false true true B 5250000 0 36875279 2330145 529940 0 304929 0 0 0 0 0 2019 false false false true C 2465000 0 9044135 0 0 8874859 167615 0 0 0 1661 0 2018 true true true true A false false false false 0.0 0.0 0.0 false false true B false false false false 0.0 0.01 0.01 false false true C false false false false 0.0 0.0 0.0 false false true A false false false true false false false false true B false true false false false false false false true C false true false false false false false false true A true B true C true Schedule K, Part IV, Line 2c COLUMN A Issuer name: 7T MN HIGHER EDUCATION FACILITIES AUTHORITY The calculation for computing no rebate due was performed on 03/31/2022 X 1 94500 Opinions of experts X 5 157473 Other - AVG HIGH AND LOW false true true Schedule M, Part I NUMBER OF CONTRIBUTORS: THE COLLEGE REPORTS THE NUMBER OF CONTRIBUTORS IN COLUMN (B). Schedule M, Part I, Line 9 Securities - Publicly Traded NONCASH CONTRIBUTIONS ON SCHEDULE M ARE REPORTED IN THE YEAR RECEIVED. PUBLICLY TRADED SECURITIES IN THE AMOUNT OF $20,260 RECEIVED WERE PLEDGE PAYMENTS THAT WERE RECORDED AS REVENUE ON PART VIII OF THE FORM 990 IN A PREVIOUS YEAR. Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions REAL ESTATE BROKERS, APPRAISERS, AND ATTORNEYS ARE CONSULTED WHEN GIFTS OF PROPERTY ARE RECEIVED. Form 990, Part VI, Line 1a Voting members who are not independent: BRIAN BRUESS, THE CSB PRESIDENT, IS THE ONLY VOTING MEMBER OF THE GOVERNING BODY THAT WAS NOT INDEPENDENT AT THE END OF THE TAX YEAR. Form 990, Part VI, Line 6 Classes of members or stockholders THE MEMBERS OF THE CORPORATION SHALL CONSIST OF THE OFFICERS OF THE SISTERS OF THE ORDER OF SAINT BENEDICT AND ARE REFERRED TO AS THE CORPORATE MEMBERS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body AS STATED IN THE ARTICLES OF INCORPORATION, THE CORPORATE MEMBERS RETAIN THE FOLLOWING RESERVED POWERS: 1) APPOINT THOSE PERSONS WHO SERVE AS VOTING MEMBERS OF THE BOARD OF TRUSTEES Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders AS STATED IN THE ARTICLES OF INCORPORATION, THE CORPORATE MEMBERS RETAIN THE FOLLOWING RESERVED POWERS: 1) APPOINT THOSE PERSONS WHO SERVE AS VOTING MEMBERS OF THE BOARD OF TRUSTEES. 2) APPROVE ANY MERGER, ACQUISITION, OR DISSOLUTION OF THE CORPORATION. 3) APPROVE THE SALE OR ENCUMBRANCE OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION. 4) AMEND THE ARTICLES OF INCORPORATION OR 5) MAKE AND AMEND THE BYLAWS OF THE CORPORATION. THE CORPORATE MEMBERS ARE THE SISTERS OF THE ORDER OF SAINT BENEDICT. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED AND REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. THE AUDIT COMMITTEE CHAIR REVIEWED THE FULL DISCLOSURE COPY OF THE FORM 990. THE SUBCOMMITTEE OF THE BOARD OF TRUSTEES KNOWN AS THE AUDIT COMMITTEE REVIEWED THE PUBLIC DISCLOSURE COPY OF FORM 990 DURING THE SPRING MEETING PRIOR TO FILING THE FORM AND THE PUBLIC DISCLOSURE COPY OF FORM 990 WAS MADE AVAILABLE FOR REVIEW BY ALL BOARD MEMBERS PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy THE CONFLICT OF INTEREST POLICY COVERS TRUSTEES, EXECUTIVE OFFICERS, AND MEMBERS OF COMMITTEES WITH BOARD DESIGNATED POWERS. EACH COVERED PERSON IS REQUIRED TO ANNUALLY SIGN A STATEMENT AFFIRMING THAT THEY HAVE RECEIVED, READ AND UNDERSTOOD, AND AGREED TO COMPLY WITH THE POLICY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST FULLY DISCLOSE THE EXISTENCE AND NATURE OF HIS OR HER FINANCIAL INTEREST AND ALL MATERIAL FACTS TO THE BOARD CHAIR. AFTER FULL DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON AND THE INTERESTED PERSON WISHES TO PROCEED WITH THE DISCLOSED MATTER, THE BOARD CHAIR WILL REFER TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR ITS DETERMINATION TO WHETHER OR NOT A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR EXECUTIVE COMMITTEE MEETING, BUT AFTER SUCH PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. THE INTERESTED TRUSTEE IS NOT COUNTED FOR DETERMINING THE PRESENCE OF A QUORUM. THE MINUTES OF THE BOARD AND THE EXECUTIVE COMMITTEE DOCUMENT ALL PROCEEDINGS RESULTING FROM POTENTIAL OR ACTUAL CONFLICTS OF INTEREST INCLUDING THE NAMES OF THE PERSONS WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT, AND THE DECISION AS TO WHETHER A CONFLICT OF INTEREST EXISTED. THE MINUTES ALSO REPORT THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION, THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION THEREWITH. Form 990, Part VI, Line 15a Process to establish compensation of top management official IN ACCORDANCE WITH THE EMPLOYEE HANDBOOK, THE COMPENSATION PLAN IS DESIGNED TO ENSURE POSITIONS ARE COMPETITIVELY VALUED RELATIVE TO COMPARABLE JOBS IN THE MARKET. THE HUMAN RESOURCES DEPARTMENT DOES A COMPARISON OF JOB DESCRIPTIONS TO POSITION DESCRIPTIONS IN THE MARKETPLACE ANNUALLY. THE COMPARISON FOR ADMINISTRATIVE AND SUPPORT STAFF POSITIONS ARE APPROVED BY THE PRESIDENT OR BOARD OF TRUSTEES AND A SALARY RANGE IS CREATED BASED ON THIS COMPARISON. FACULTY SALARIES ARE COMPARED TO A MARKET BASKET OF SIMILAR INSTITUTIONS. SALARIES FOR THE PRESIDENT, THE PROVOST, AND THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION ARE REVIEWED AND DETERMINED BY THE BOARD OF TRUSTEES. THE POSITIONS ARE COMPARED TO SIMILAR INSTITUTIONS OF HIGHER EDUCATION WITH RESPECT TO ENROLLMENT, BUDGET, AND CARNEGIE CLASSIFICATION FOUND IN THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION SALARY SURVEY. THE EXECUTIVE COMPENSATION COMMITTEE, A SUB COMMITTEE OF THE BOARD OF TRUSTEES, CONDUCTED THE MOST RECENT REVIEW IN FEBRUARY OF 2022. Form 990, Part VI, Line 15b Process to establish compensation of other employees Please see Form 990, Part VI, Line 15a above. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC BUT WOULD BE MADE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE COLLEGE'S WEBSITE. Form 990, Part XI, Line 9 Other changes in net assets or fund balances ADJUSTMENT OF ACTUARIAL LIABILITY - -26067; Schedule F, Part IV, Line 3 Foreign Forms THE COLLEGE HELD AN OWNERSHIP INTEREST IN A FOREIGN CORPORATION DURING THE TAX YEAR. HOWEVER, THE COLLEGE DOES NOT MEET THE FILING REQUIREMENT OF FORM 5471 AS A RESULT OF THE OWNERSHIP. THE COLLEGE ALSO HELD AN OWNERSHIP INTEREST IN A FOREIGN PARTNERSHIP DURING THE TAX YEAR. HOWEVER, THE COLLEGE DOES NOT MEET THE FILING REQUIREMENT OF FORM 8865 AS A RESULT OF THE OWNERSHIP. SISTERS OF THE ORDER OF SAINT BENEDICT 104 CHAPEL LANE ST JOSEPH MN 56374 410695523 MONASTERY MN 501(c)(3) 1 NA false ST JOHNS UNIVERSITY 2850 ABBEY PLAZA PO BOX 7222 COLLEGEVILLE MN 56321 453656162 HIGHER EDUC. MN 501(c)(3) 2 NA false LIFE ESTATE (1) LIFE ESTATE NY NA Trust false false false true false false false false false false false true false false true true false true false false