La Salle University

“Process for reviewing return the process of reviewing la salle university's 990 return internally is thorough and complete. The first step in the process requires the financial audit to be substantially complete, and then the appropriate persons at the university are contacted so they may begin preparing their respective sections of the 990. The data is then gathered and entered into the 990 and supporting schedules. Upon completion of the 990, by the controller, the 990 along with all supporting schedules are sent to the avp for finance and admin for final review prior to the return being sent to the independent accountants. Once reviewed by the independent accountants, and any questions answered or support provided, it is sent back to the university for the vice-president for finance and administration's approval and signature.at this point, the return is then presented to the university's audit committee.”

“Conflict of interest 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 that he/she must always act in the best interests of the university and refrain from actions that would be to the sole benefit of the member at the expense of la salle university. Regarding the university's staff and employees, there is on-going training conducted by the university's human resources department. 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 la salle. Disclosures by board members are directed to the board chair including any disclosures by the president. All other employees are to disclose any conflicts or potential conflicts to the officer 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.”

“Process for determining compensation 1.there is a sub-committee of the executive committee of the board of trustees which reviews the compensation of all vice-presidents, the provost, president, executive assistants, and the director of inter-collegiate athletics. The faculty salary for brother edward sheehy,a vice-president, is not reviewed since his salary falls under the faculty salary and wage policy. Prior to 2008-2009, the committee reviewed salaries against cupa data and the related peer group(s).beginning in 2009, the board engaged an outside consultant, yaffe & company, inc. To advise on executive compensation going forward. This firm has been a specialist in reviewing non-profit executive compensation since 1976. The process utilizes customized regional and national salary survey data, complies with all irs and other requirements for independence, accountability, disclosure and documentation. Consequently, our executives are compensated competitively and our trustees are secure in knowing that all regulatory requirements have been met. Yaffe will then present its findings and recommendations back to the la salle sub-committee of the executive committee of the board of trustees. At this point, there would be deliberation on any recommendations and the board will also take into account any other relevant information and factors in determining the reasonableness of executive compensation. The minutes shall reflect the consideration of the board as to the issue of executive compensation and what the final decision might be.”

“Publicly available documents la salle university's audited financial statements and irs form 990 are made available upon request.”

“La salle university, dedicated in the traditions of the christian brothers to excellence in teaching and to concern for both ultimate values and for the individual values of its students, is a private roman catholic university committed to providing a liberal education of both general and specialized studies. La salle strives to offer, through effective teaching, a quality education founded on the idea that one's intellectual and spiritual development go hand in hand, complimenting and fulfilling each other.the university has, as its basic purpose, the free search for truth by teaching its students the basic skills, knowledge, and values that they will need for a life of human dignity.”

“Other program service accomplishments students services: the university provided counseling, inter-collegiate athletics, health advising, student governing and other student life services for all students.”