Marian University Inc

“The corporation has two classes of members class a (general superior of the congregation and those persons who are members of the general council of the congregation) and class b (appointed by class a).”

“Class a members appoint class b members; class b members approve the members of the governing body.”

“Transactions over $500,000 that involve acquisition or alienation (selling) of land or buildings or incurring debt need to be approved by class b members. Transactions over $5,705,000 (acquisition or alienation of land or buildings or incurring debt) need to be approved by class a members and the congregation for religious of the vatican.”

“A final form 990 was provided to each voting member of the organization's governing body, prior to its filing with the irs. Management conducted an extensive review of the 990 and the enterprise risk management committee members also did a review.”

“The organization reviews the annual statements and then the governing body and management monitors and makes sure decisions are not made by individuals possessing a conflict of interest.”

“The compensation committee (sub committee of the board of trustees) utilized cupha data, and an outside consultant to determine a compensation policy and then to determine compensation for the university's officers and key employees. The committee was established during the 2008/2009 fiscal year. The data gathered by the committee will be used to determine compensations for the president and new key employees when hired.”

“Documents are available to the public upon request”

“Marian university is a catholic applied liberal arts institution of higher learning offering undergraduate, graduate, and continuing education programs. Approximately 3,000 students annually.”

“Mission statement: marian university is a catholic applied liberal arts community that welcomes diverse spiritual traditions. Sponsored by the congregation of sisters of st. Agnes, marian university engages students in the education of the whole person. We embrace justice and compassion and transform lives for professional service and leadership in the global community. Core values: the five core values of marian university inspire everything we do at marian university - in the classroom, in activities, in service to others and in our relationships with each other. Community respecting our diversity as individuals, we encourage, challenge and nurture one another, joining together to accomplish our shared mission and vision. Learning we engage in a collaborative lifelong process of seeking truth and appropriating knowledge and values to transform the individual, our communities and the world. Service through active service and ministry, we support one another and seek to meet the needs of the larger community. Social justice we work to create individual and societal change which supports the value, dignity and opportunity of every person. Spiritual traditions valuing marian's catholic religious heritage, we respect each individual's freedom to explore a diversity of spiritual beliefs.”

“All other expenses of is comprised of the following: unemployment compensation: 12,734 life insurance: 35,912 ra room & board: 137,250 equipment: 43,766 recruitment: 68,734 bad debts: 150,303 finance charges: 98,022 food & drink: 210,098 repairs & maint: 249,004 memberships: 246,173 postage: 241,030 special programs: 392,205 subscriptions: 114,922 tuition remission: 624,391 work study: 569,817 telephone: 83,915 miscellaneous: 136,953”

“The committee's oversight process has not changed from the prior year.”

“The organization's process for overseeing the audit of the university's financial statements and the selection of an independent accountant (who performed the audit of the financial statements) has not changed from the prior year.”