University of the Incarnate Word

“The sole member of the corporation is and shall be the congregation of the sisters of charity of the incarnate word of san antonio, texas.”

“Final confirmation of the appointment of trustees comprising the board shall be approved by the corporate member.”

“The following decisions are subject to approval: a. Any amendment or restatement of the articles of incorporation or bylaws of this corporation, or of any subsidiary corporation; b. The merger, consolidation, or dissolution of the corporation, or of any subsidiary corporation; c. Any sale of all or substantially all of any property or asset of the corporation, or of any subsidiary whether incorporated or not, when the amount involved is in excess of $5,000,000; d. Any sale, mortgage or pledge of any real property of the corporation, or of any subsidiary whether incorporated or not, when the amount involved is in excess of $5,000,000; e. The appointment or removal from office of the president of the university after the formal recommendation from the board of trustees; f. Any change of direction from the mission and philosophy of the university as established by the board of trustees; g. The final confirmation and appointment of any trustees comprising the board, the final confirmation of the removal of trustees, and the final confirmation of any change in the number of trustees comprising the board; h.the appointment or removal of the chairperson of the board; and i. The creation of any subsidiary corporations.”

“The detailed review of the Form 990 is conducted by UIW management following the preparation and review of the return by the organization's paid preparer. An electronic copy of the Form 990, as open for public inspection, is emailed to each board member prior to filing with the IRS.”

“Trustees of the university are required to complete and sign a conflict of interest policy on an annual basis. It is the continuing responsibility of the board members, executives, and officers to scrutinize their transactions and outside business interests and relationships for potential conflicts and to immediately make such disclosures to the board of trustees. The interested person shall leave the board meeting while the financial interest is discussed and voted upon. The remaining board members or committee shall decide if a conflict of interest exists. Affected board members abstain from voting when there is a conflict of interest.”

“The executive committee of the board of trustees establishes compensation for the president and other executives based on an annual review. The committee reviews the data from the annual compensation study conducted by the college and university professional association for human resources (cupa) for private universities in our budget range when determining executive compensation increases. The committee also periodically reviews ceo salaries at other private universities in texas. Furthermore, the committee considers tenure, performance, and overall experience to ensure that compensation packages remain at a competitive level.”

“The executive committee of the board of trustees establishes compensation for the president and other executives based on an annual review. The committee reviews the data from the annual compensation study conducted by the college and university professional association for human resources (cupa) for private universities in our budget range when determining executive compensation increases. The committee also periodically reviews ceo salaries at other private universities in texas. Furthermore, the committee considers tenure, performance, and overall experience to ensure that compensation packages remain at a competitive level.”

“Documents are available to the general public upon request.”

“AE-Vending Other - Total Revenue: 17446, Related or Exempt Function Revenue: 17446, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Bookstore Commission - Total Revenue: 151477, Related or Exempt Function Revenue: 151477, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“Other Revenue - Total Revenue: 254816, Related or Exempt Function Revenue: 254816, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; International Program - Total Revenue: 244762, Related or Exempt Function Revenue: 244762, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; HSI Career Collaborative - Total Revenue: 199671, Related or Exempt Function Revenue: 199671, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Housekeeping (ARAMARK) - Total Revenue: 150000, Related or Exempt Function Revenue: 150000, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Unrelated Business Income - Total Revenue: 125543, Related or Exempt Function Revenue: 60567, Unrelated Business Revenue: 64976, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Insurance Proceeds - Total Revenue: 92676, Related or Exempt Function Revenue: 92676, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Amortization PV Life Insurance - Total Revenue: 87813, Related or Exempt Function Revenue: 87813, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Forfeited Emeriti Plan - Total Revenue: 49414, Related or Exempt Function Revenue: 49414, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“(Expenses $ 12,430,584 including grants of $)(Revenue $ 16,776,840) HIGHER ED.: AUX. ENTERPRISES: DORM & FOOD SVCS.”

“All employees of st. Anthony catholic high school (ein #20-0234338), related organization, are paid by the university of the incarnate word. The university issues all form w-2's under its taxpayer identification number. Salaries are allocated back to the high school for employees who are assigned there.”

“Transfer from iwef - 4251000; transfer to tigmer - -61737;”

“The university has included the gross amount of pledges (unconditional promises to give) received during the fiscal year on schedule b in order to report on the full accrual basis. Pledges included in contributions on part viii are reported net of a general allowance for uncollectible pledges (based on historical collections) and a present value discount using a 2% discount rate. It is not administratively feasible to calculate the allowance for uncollectible pledges and the present value discount for individual pledges since they are calculated at a summary level for financial statement purposes. The total allowance for uncollectible pledges and present value discount for outstanding pledges at may 31, 2024 was $221,912 and $378,335, respectively.”

“Students support each other in the search for and communication of truth, thoughtful innovation, care of the environment, community service, and social justice. The university of the incarnate word is a catholic institution that welcomes to its community persons of diverse backgrounds, in the belief that their respectful interaction advances the discovery of truth, mutual understanding, self-realization, and the common good.”