2025-12-18T11:25:10-07:00 2025-04-30 990 2024-05-01 237069575 UNIVERSITY OF SASKATCHEWAN UNIV 3069662576 105 Administration Place Saskatoon Saskatchewan CA S7N 5A2 Kris McWillie Interim Controller 3069666742 2025-12-18 1 2024 2025-03-06 01:10:19Z University of Saskatchewan 105 Administration Place Saskatoon Saskatchewan CA S7N5A2 972501077 0 X www.usask.ca X 1907 CA The primary role of the University is to provide post-secondary instruction and research in the humanities, sciences, social sciences and other areas of human, intellectual, cultural, social and physical development. 11 6 0 0 0 0 624063086 638238948 201310038 211994542 45171145 107243772 72947263 4694682 943491532 962171944 54849522 54074122 0 0 485856493 501921103 0 0 11274766 297944323 302139283 838650338 858134508 104841194 104037436 2169727628 2257014245 253342848 246839830 1916384780 2010174415 The University of Saskatchewan belongs to the people of Saskatchewan. As an academic community, our mission is to achieve excellence in the scholarly activities of teaching, discovering, preserving and applying knowledge. 0 0 678668055 54074122 211994542 The University of Saskatchewan's primary role is to provide post-secondary education and research in the humanities, sciences, social sciences and other areas of human, intellectual, cultural, social and physical development. The University offers instructional programs leading to graduate and undergraduate degrees, certificates and diploma programs and post-graduate clinical (residence) programs. 0 0 0 678668055 1 0 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 1 1 1 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 1 CA 0 0 0 1 1 0 1 1 0 0 0 0 0 X 11 6 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X Mamta 3069661492 E180 105 Administration Place Saskatoon Saskatchewan CA S7N 2V3 Karen Chad Former Vice-President Research 37.5 0 X X 770480 0 770480 Kent Stobart Vice-Dean of education and professor of pediatrics 37.5 X 421843 0 421843 R Peter Stoicheff President 37.5 X X 390213 0 390213 Marilyn Baetz Interim Dean College of Medicine 37.5 X 386736 0 386736 Darcy Marciniuk Associate Vice President Research and Professor College of Medicine 37.5 X 379420 0 379420 Sean Groves Site Director - La Ronge, Department of Family Medicine 37.5 0 X 371069 0 371069 John DeCoteau Professor Pathology and Laboratory Medicine 37.5 0 X 367976 0 367976 Airini Vice President-Provost and VP Academic 37.5 X 333959 0 333959 Julian Demkiw University Secretary and Chief Governance Officer 37.5 X 183227 0 183227 Nadeem Jamali Member - Board of Governors, Professor 37.5 X 149307 0 149307 Shelley Brown Vice Chair - Board of Governors 0.5 X 2027 0 2027 Keith Martell Chair - Board of Governors 0.5 0 X 1376 0 1376 Joy Crawford Former Member - Board of Governors 0.5 X 1086 0 1086 Marty Seymour Member - Board of Governors 0.5 0 X 996 0 996 Louise Simard Former Member - Board of Governors 0.5 0 X 941 0 941 Grant Devine Member - Board of Governors 0.5 0 X 833 0 833 Herb McFaull Member - Board of Governors 0.5 0 X 760 0 760 Grit McCreath Chancellor - Board of Governors 0.5 0 X 688 0 688 Corinna Stevenson Member - Board of Governors 0.5 0 X 398 0 398 Krunal Chavda Student Member-USSU President 0.5 0 X 398 0 398 Mike Marsh Member - Board of Governors 0.5 0 X 362 0 362 Ishita Mann Former Student Member-USSU President 0.5 0 X 145 0 145 3764240 0 3764240 1281 1 1 0 Guillaume Leclair 507 - 525 3rd Ave North Saskatoon Saskatchewan CA S7K 2J6 Physician Services 430854 Jonathon Starr 102 - 11427 Railway Ave North Balleford Saskatchewan CA S9A3G8 Physician Services 349191 Dion Marten 543 Reid Way Suite A Saskatoon Sasktchewan CA S7N3J3 Physician Services 338802 Adekunle Ahmed 502 Perehudoff Cres Saskatoon Saskatoon Saskatchewan CA S7N4H6 Physician Services 325800 john Schulte 312 - 1132 College Dr Saskatoon Saskatchewan CA S7N 0W2 Physician Services 321140 29 0 0 98937 0 505547417 132592594 9403284 638238948 Student Fees 900099 172591129 172591129 0 0 39403413 39403413 0 0 211994542 107243772 107243772 0 0 0 0 0 0 3194118 3194118 0 0 8114046 0 980006 0 7134040 0 7134040 7134040 0 0 0 0 0 0 0 0 0 0 0 0 15584 98937 164252 -148668 0 -148668 0 0 0 0 0 0 48857756 9184875 39672881 39672881 0 0 Unrealized gains (losses) 900099 -48652201 -48652201 0 0 3494512 3494512 0 0 -45157689 962171944 324081664 0 -148668 X 0 0 0 0 54074122 54074122 0 0 3764240 0 3764240 0 0 0 0 0 426020883 371421232 46755719 7843932 26065333 21717956 3829649 517728 23815421 18125466 5213972 475983 22255226 18770211 3045107 439908 0 0 0 0 1013217 199517 813700 0 14886 14029 0 857 0 0 0 0 0 0 0 0 0 0 96481684 90981137 5042499 458048 0 0 0 0 75188185 66352326 7796359 1039500 0 0 0 0 845001 670637 174364 0 26445163 15129311 11297432 18420 14954613 13649445 1054168 251000 0 0 0 0 2627446 2236843 326953 63650 4893059 2010 4891049 0 0 0 0 0 71202707 0 71202707 0 0 0 0 0 Bad debt expenses 2406181 349161 2057020 0 Decommissioning costs 808979 0 808979 0 Employee future benefits -602342 0 -602342 0 All other expenses 5860504 4974652 720112 165740 858134508 678668055 168191687 11274766 15604240 13230052 71534400 66743907 173704968 171023258 36145473 36931873 69113 0 0 0 0 0 12148631 12221701 13577591 15627246 2482955253 1406159747 1059424515 1076795506 633006892 665895143 118590520 162278003 0 0 242985 211408 35678300 36056148 2169727628 2257014245 79896577 67387052 0 0 44061815 49235854 0 0 0 0 0 0 0 0 103756823 103370997 25627633 26845927 253342848 246839830 X 489344509 537833791 1056616807 1083621611 370423464 388719013 1916384780 2010174415 2169727628 2257014245 X 104037436 0 0 0 0 -10247801 X 0 1 X 1 0 X 378704 33378350 0 0 X X X 0 368641358 4091088 15986567 0 0 0 388719013 346154172 8211007 16058285 0 0 0 370423464 340864623 5855165 3716704 0 0 0 350436492 359134455 5507421 -2858237 0 0 -307 361783946 331747194 3244099 38973909 0 0 -8759 373973961 0.12 0.68 0.2 0 0 0 12860880 12860880 0 1421748752 658781561 762967191 0 313635018 109208352 204426666 0 599232699 515855337 83377362 0 135477904 122314497 13163407 1076795506 162278003 F 162278003 0 Employee Future Benefits 13298432 Accrued Decommissiong Costs 12877104 Other Long Term Liablities 670391 26845927 972501077 0 0 0 0 0 972501077 0 -10329133 -10329133 962171944 868463641 0 0 0 0 0 868463641 0 -10329133 -10329133 858134508 Schedule D, Part III, Line 1 The university did not make the election under SFAS 116, as the university follows Part III of the CPA Canada Handbook - Accounting. Effective May 1, 2019 the university retrospectively implemented Section 4441, Collections Held by Not-for-Profit Organizations, recording collections on the statement of financial position at fair market value or nominal value, where a reasonable estimate of fair market value is indeterminable. Schedule D, Part III, Line 4 Collection of Artifacts, Archival Materials and Rare Books: The University has acquired collections of artifacts, archival materials and rare books. These items have been accumulated largely as adjuncts to the University's research and teaching missions. Acquisitions are donated as well as purchased. The University rarely disposes of items from these collections. Art Collections: The Kenderdine Art Gallery administers the permanent art collections of the University. The collections include works of art that provides a historical or artistic context for objects that are already in the collection as well as works that are of a historical interest to the University of the Province of Saskatchewan. Proceeds from the sale of objects are used for the purpose of new acquisitions or the direct care of the collections. Please also refer to Note 11 of the University of Saskatchewan's FY24-25 Annual Report for a more detailed description of collections. Schedule D, Part V, Line 4 Endowment funds provide stable annual funding to support the purpose of the University. Schedule D, Part XI, Line 4b Total of 10,329,133 includes a) Rental Expenses -USD 980,006 b) Fundraising Expenses -USD 164,252 and c) Cost of sales USD 9,184,875. These three are classified as expenses in the Audited Financial Statements. However, for the IRS return these are reclassified as an offset against revenue for a net revenue position from specific sources. Schedule D, Part XII, Line 4b Total of 10,329,133 includes a) Rental Expenses -USD 980,006 b) Fundraising Expenses -USD 164,252 and c) Cost of sales USD 9,184,875. These three are classified as expenses in the Audited Financial Statements. However, for the IRS return these are reclassified as an offset against revenue for a net revenue position from specific sources. 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Not required Schedule E, Part I, Line 6 Educational grants are received from the provincial government of Saskatchewan. 1 North America (including Canada and Mexico, but not the United States) 1 11658 Program Services University 678668055 North America (including Canada and Mexico, but not the United States) Management and General 168191687 North America (including Canada and Mexico, but not the United States) Fundraising Fundraising Activities 11274766 1 11658 858134508 North America (including Canada and Mexico, but not the United States) Research 9899329 Electronic Transfer / Cheque 186 0 Scholarship and Bursary North America (including Canada and Mexico, but not the United States) 44154666 Electronic Transfer / Cheque 0 0 0 0 0 0 Schedule F, Part I, Line 2 As the University of Saskatchewan operates in Canada, its grants and other assistance expenditures are conducted outside of the United States. For monitoring procedures related to grants see the following website:https://policies.usask.ca/policies/research-and-scholarly-activities/research-administration.php Dog's Breakfast 37520 15584 21936 0 0 21994 39010 58738 4047 Women of Influence 77001 0 77001 0 0 8592 20923 6762 4186 0 114521 15584 98937 0 0 30586 59933 65500 8233 164252 -65315 X X X 1 1 0 0 0 0 0 0 0 0 0 Karen Chad Former Vice-President Research 757569 0 0 0 12911 0 0 0 0 0 770480 0 Kent Stobart Vice-Dean of education and professor of pediatrics 399885 0 0 0 21958 0 0 0 0 0 421843 0 R Peter Stoicheff President 369533 0 0 0 20680 0 0 0 0 0 390213 0 Marilyn Baetz Vice Dean College of Medicine 362558 0 0 0 24178 0 0 0 0 0 386736 0 Darcy Marciniuk Associate Vice President Research and Professor College of Medicine 353826 0 0 0 25594 0 0 0 0 0 379420 0 Sean Groves Site Director - La Ronge, Department of Family Medicine 346834 0 0 0 24235 0 0 0 0 0 371069 0 John DeCoteau Professor Pathology and Laboratory Medicine 343992 0 0 0 23984 0 0 0 0 0 367976 0 Airini Vice President-Provost and VP Academic 309612 0 0 0 24347 0 0 0 0 0 333959 0 Julian Demkiw University Secretary and Chief Governance Officer 128240 0 0 0 54987 0 0 0 0 0 183227 0 Schedule J, Part I, Line 1a In certain situations, the University provides accountable allowances for travel for family of senior management. expenditures incurred under these arrangements are taxable benefit to the employees. A discretionary spending amount is available to key employees for business purposes. Each employee receives a discretionary health spending amount. The University provides the President with the use of the University's residence. The residence is used to host University's events and functions. X 9 378704 Fair Value X 1580 Fair Value X 152 4539256 Fair Value X Other (Equipment and Furnishings) 10 2946751 Fair Value X Other (Research Project Contributions) 47 1265950 Fair Value X Other (Life insurance policies) 7 40874 Fair Value X Other (Medical equipment/supplies) 2 64670 Fair Value X Other (misc donations) 20 165499 Fair Value 0 1 0 Form 990, Part VI, Section A, Line 7a Five members appointed by the Lieutenant-Governor-in-Council, two members elected by the Senate, one student, and one faculty member. Form 990, Part VI, Section B, Line 11b Data within the form 990 is reviewed by the Controller of the organization. Form 990, Part VI, Section B, Line 12c Refer to the following link: https://policies.usask.ca/policies/operations-and-general-administration/conflict-of-interest.php Form 990, Part VI, Section B, Line 15 A market review of similar positions at comparative universities is conducted, recommendations for salary increase budget are submitted to the Board of Governors for approval. Individual salary increase decisions are based on market/merit models made by the provost/VPs, the Provost for the Deans and the Board of Governors for the President. The salary review committee chaired by the Provost meets to finalize merit pay decisions. Form 990, Part VI, Section C, Line 19 Governing documents are available to the public at -https://governance.usask.ca/governance/governing-documents.php Financial statements are available within the annual report at -https://leadership.usask.ca/administration/financial-reporting.php Conflict of interest documents are available at-https://policies.usask.ca/policies/operations-and-general-administration/conflict-of-interest.php Form 990, Part IX, Line 11g Externally Contracted Services. Form 990, Part XI, Line 9 Total Difference of 10,247,801 consists of 1. Difference of USD 9,219,721. The opening balance as per Audited Financial Statements is CAD 2,634,205,883. There is a difference due to exchange rate considered for closing rate for the current year and prior year. (Rates considered for prior year was 0.7275 and current year is 0.7240. 2. Difference of USD 1,028,080- The difference is due to remeasurement of Employee Future Benefits required under Canadian Generally Accepted Accounting Principles for Non-for-profit Organizations. An extension request has been submitted already. Hence, not late filing.