Saint Joseph'S College

“For other incoming executives, compensation is set after performing similar benchmarking and approved by the president. On an annual basis, executive compensation is typically adjusted in a manner similar to other employees of the college. From time to time, an adjustment may be made to an individual executive's compensation outside of the normal salary adjustments approved by the board. This would occur after similar benchmarking against peer institutions.”

“The executive committee shall consist of the following: - the chair of the board - the vice chair of the board - the provincial director or his designee - the president - the chairs of the standing committees - such other members of the board as may be designated by the chair the executive committee shall act for the board in the intervals between meetings of the board of trustees. The executive committee shall meet only at the discretion of the chair. The executive committee may exercise all the power and authority of the board of trustees, but shall not have the power to elect or remove any officer or approve the budget, and shall report to the board at its next meeting.”

“The organization's Bylaws were amended effective May 13, 2017. Pursuant to this amendment, the position of Rector is deemed to replace the position of President as the organization's Top Management Official. The duties of the Rector are comparable to those formerly bestowed upon the President.”

“The organization's members are those persons holding the offices of the Provincial Director and those serving on the Provincial Council of the Society of the Precious Blood (C.PP.S.), Cincinnati Province, a Roman Catholic society of apostolic life.”

“The following powers are reserved to the Members: A. To adopt the amendment, alteration, modification, or repeal of the Articles of Incorporation as proposed by the Board of Trustees; B. To adopt the amendment, alteration, modification, or repeal of the Bylaws of the Corporation as proposed by the Board of Trustees; C. To dissolve or terminate the existence of the Corporation and to determine the distribution of assets upon such termination or dissolution as proposed by the Board of Trustees; D. To merge, consolidate, or affiliate the Corporation with another corporation, organization, or program as proposed by the Board of Trustees; E. To approve the Mission Statement of the College or any change to the Mission Statement as proposed by the Board of Trustees. The Members also have the right to prohibit any organization or policy at the College that are inconsistent with the Catholic identity of the College.”

“The form 990 is reviewed in detail by management. A final draft of the full form 990, including all applicable schedules, is provided to each member of the finance committee and is reviewed with the college's tax advisors. A copy of the form 990, excluding schedule b, is then provided to each member of the governing body prior to filing with the irs. Schedule b is made available to each member of the governing body upon their request.”

“Annual disclosure is provided to each officer and board member. Each person completes an annual conflict of interest questionnaire. Once the questionnaires are completed, the president's assistant reviews the responses and determines whether or not there are any potential conflicts of interest. If there is a potential conflict of interest, the president, treasurer, and controller review the corresponding issue and determine if there is an actual conflict of interest. If an actual conflict of interest is determined to exist, that person is excluded from any discussions concerning the conflicting issue and is not permitted to vote on any decisions regarding the conflicting issue. Any purchases and/or budding proposals are also reviewed for any potential conflicts of interest prior to submitting bids or making purchases. The controller attends the board meetings to ensure that compliance with these guidelines is followed.”

“Compensation of the President was last evaluated by the Board of Trustees during May through July 2016. In May 2016, the Board of Directors approved a 2% increase to the President's compensation. In July 2016, the Board completed its review of President compensation by benchmarking against a list of 35 peer institutions. This process was documented in the board meeting minutes.”

“Governing documents, conflict of interest policies, and financial statements are not required disclosures pursuant to internal revenue code (irc) section 6104. These documents are not available to the public at this time.”

“Other - Total Revenue: 167655, Related or Exempt Function Revenue: 167655, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; - Total Revenue: 10328, Related or Exempt Function Revenue: 10328, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“The college places exceptional emphasis on the education of the whole person. Its nationally known core curriculum complements up-to-date career preparation in the major. These academic programs enrich and are enriched by programs of spiritual development, residence education, and athletics. The college serves a diverse student body composed of men and women of all races, creeds, and socio-economic backgrounds who can thrive academically, spiritually, and socially in this inclusive community. Saint joseph's college is a liberal arts college striving to prepare men and women to lead successful professional and personal lives consistent with gospel values. To fulfill this mission, the college pledges: 1. To form graduates who are competent professionals, capable of assuming leadership roles in the world, who will embody gospel values in their personal lives and professional careers. 2. To conduct the core curriculum and, through it, all college programs within the conceptual framework and value commitments of "christian humanism" that stem from our judeo-christian and graeco-roman traditions and from our vatican ii inspiration. 3. To give witness in a special way, in all aspects of campus life, academically and existentially, to the christian humanist values of justice and love and its commitment to human solidarity and interdependence on national and global levels. 4. To add to the emphasis to educate the whole student -- intellectually, physically, socially, and spiritually -- an abiding concern to provide personalized and individualized care. 5. To steward all the resources of the college in truth, in loving justice, and with concern for the needs of the individual. 6. To extend personal and professional services as church and public needs may require.”

“The college serves a diverse student body of approximately 1,000 men and women of all races, creeds, and socio-economic backgrounds. The college strives to form graduates who are competent professionals, capable of assuming leadership roles in the world, and who will embody gospel values in their personal lives and professional careers.”

“The fair value of farm land was determined by management using appraisals, quoted market prices for similar assets or other market data, such as the purdue agricultural economics report, which is a report that summarizes the results of an annual survey of numerous professionals knowledgeable about indiana's farmland market. This report serves to provide information regarding farmland values and cash rent. Unrealized gains and losses are included in the change in net assets.”

“Unrealized loss on permanently restricted farm land held as an investment - -3999100; loss on impairment of land, buildings, & equipment - -20561609;”