2023-01-09T09:33:03-07:00 2022-06-30 990 2021-07-01 381369604 LAWRENCE TECHNOLOGICAL UNIVERSITY LAWR 2482044000 21000 West Ten Mile Road Southfield MI 480751058 Linda Height VP of Finance and Admin. 2482042100 2022-12-20 1 11 0 AAL2 2021 2023-03-07 01:45:13Z LINDA L HEIGHT 21000 WEST TEN MILE RD SOUTHFIELD MI 48075 78271090 0 X www.ltu.edu X 1932 MI A higher educational University by its mission to develop leaders through innovative and agile programs embracing theory and practice. The University's Vision is to be a preeminent private university producing leaders with an entrepreneurial spirit and global view. 19 18 1264 0 0 0 8309652 9264674 62269056 65457021 2917944 2898402 -237710 -416464 73258942 77203633 0 0 0 0 39131324 42601833 0 0 4377765 31954578 36386347 71085902 78988180 2173040 -1784547 221146506 206424495 80020317 79628409 141126189 126796086 To develop leaders through innovative and agile programs embracing theory and practice. 0 0 48145769 0 58187322 Higher Education : Associates, Baccalaureate, Graduate Program Services were provided to 3,614 students and 646 received degrees. This activity contributes importantly to the University's purpose by providing funding for educational services at less than the aggregate costs of these services. This is the exempt purpose of the University. 565803 0 6494921 Higher Education : Campus apartments, residences, and residential services were provided for 975 students primarily in housing. These activities are important components for the University's primary exempt purpose of providing educational services. These activities include housing, cafeteria services, bookstore services, and other related services deemed necessary for the students. 8638353 0 774777 Higher Education : Student Activities - Academic associations, student government, recreational and athletic programs. Participation in various associations were used by 2,721 students. These activities are important components for the University's primary exempt purposes of providing educational services. These activities include library, copier, transcripts, fines and other various services. 0 0 0 57349925 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 329 0 1 1264 1 0 1 CA 0 0 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Linda Height 2482042100 21000 West Ten Mile Rd Southfield MI 480751058 TAREK SOBH PRESIDENT 40 0 X X X X 448005 0 0 Nabil Grace Dean of Engineering 40 0 X X 434185 0 0 DANIEL RADOMSKI EXECUTIVE DIRECTOR OF ACCELERATOR 40 0 X X 371272 0 0 Virinder Moudgil Past President term ended 12/31/2021 40 0 X X X X 307656 0 0 Linda Height Chief Financial Officer 40 0 X X X 230901 0 0 Bahman Mirshab Dean of College of Management 40 0 X 229985 0 0 KARL DAUBMANN Dean of Architecture 40 0 X 223630 0 0 GREG CASCIONE VP OF PHILANTHROPY 40 0 X 206340 0 0 Lisa Kujawa Associate Provost 40 0 X 206189 0 0 SRINIVAS KAMBHAMPATI Dean of Arts & Science 40 0 X 180720 0 0 Victor A Saroki Board Member 1 0 X 0 0 0 Lauren L Bowler Board Member 1 0 X 0 0 0 Raymond Khan Board Member 1 0 X 0 0 0 Lloyd E Reuss BOARD MEMBER 1 0 X 0 0 0 David B Wohleen Board Member 1 0 X 0 0 0 Douglas E Ebert CHAIRMAN OF THE BOARD 4 0 X X 0 0 0 Larry D Lyons Board member 1 0 X 0 0 0 Mitchell Clauw Board Member 1 0 X 0 0 0 John G Smith Board Member 1 0 X 0 0 0 Daniel W Winey Board Member 1 0 X 0 0 0 DAVID NICHOLSON BOARD MEMBER 1 0 X 0 0 0 BETH HOWELL BAKER BOARD MEMBER 1 0 X 0 0 0 DR DONNA BELL BOARD MEMBER 1 0 X 0 0 0 JOSEPH H HURSHE BOARD MEMBER 1 0 X 0 0 0 KIRK STEUDLE BOARD MEMBER 1 0 X 0 0 0 JEFF LEMMER BOARD MEMBER 1 0 X 0 0 0 Christine Barman Board Member 1 0 X 0 0 0 Beverly Hannah-Jones Board Member 1 0 X 0 0 0 2838883 0 0 62 1 1 0 CARNEGIE DARTLET 210 LITTLETON WESTFORD MA 01886 MARKETING SERVICES 260573 ELLUCIAN CO 4 COUNTRY VIEW MALVERN PA 19355 IT SERVICES 215133 RAMI AL LULU 43734 HARLEQUIN LN CLINTON TWP MI 48038 WEB DEVELOPMENT 207159 EDDY HOLDINGS 111 RIVER ST HOBOKEN NJ 07020 ENROLLMENT MGT SERVICES 1070513 YELLOW FLAG PRODUCTIONS 180 HIGH OAK ST BLOOMFIELD HILLS MI 48304 ADVERTISING 1376950 11 0 0 0 0 4192636 5072038 0 9264674 65457021 65457021 0 0 65457021 2898402 2898402 0 0 0 0 0 0 0 0 0 0 650993 0 1067457 0 -416464 0 -416464 -416464 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 77203633 67938959 0 0 0 0 0 0 0 0 0 0 2261421 1068520 986561 206340 0 0 0 0 35578681 26014420 7956514 1607747 267200 405401 -166824 28623 2205318 1836883 241672 126763 2289213 1889907 269688 129618 0 0 0 0 92678 0 92678 0 147865 0 147865 0 6338 0 0 6338 0 0 0 0 0 0 0 0 0 0 2002416 1319965 9370 673081 2985559 2407620 500937 77002 1784155 1784155 0 0 0 0 0 0 2216488 1851052 224137 141299 1577439 1487346 84022 6071 0 0 0 0 0 0 0 0 2407172 1724440 551098 131634 0 0 0 0 6700179 5096086 1215087 389006 584782 31992 552790 0 EDUCATION/TRAINING/DUES/RECRUITMENT 1957611 982081 847421 128109 BAD DEBTS 796729 0 796729 0 EQUIPMNT RENTAL/MAINTENANCE 7356855 4969840 2076043 310972 PRINTING/PUBLICATIONS 656340 337188 30060 289092 5113741 4143029 844642 126070 78988180 57349925 17260490 4377765 10442554 8540010 0 0 1159976 1175109 5720568 7485578 0 0 0 0 421360 283890 0 0 1520894 1801336 215754694 111492525 107753847 104262169 89463868 77016769 4663439 5859634 0 0 0 221146506 206424495 18946863 18116232 225567 188457 3962699 5088922 55287010 54873114 0 0 0 0 229166 0 0 0 1369012 1361684 80020317 79628409 X 59446140 57536125 81680049 69259961 141126189 126796086 221146506 206424495 X -1784547 -11884562 0 0 0 -660994 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 6338 6338 78988180 78994518 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 11572 6970 6643 6338 31523 250000 250000 250000 250000 1000000 1500000 0 0 0 0 0 57917708 803051 -6982097 0 4054193 0 47684469 48664872 194907 11172696 0 2114767 0 57917708 50182268 595307 1392057 0 3504760 0 48664872 50359860 315346 2400593 0 2893531 0 50182268 49114857 513981 3004877 0 2273855 0 50359860 0.05 0.57 0.38 0 0 1264174 0 1264174 157461660 0 67553930 89907730 10931368 0 7650956 3280412 45135666 0 36287639 8848027 961826 0 0 961826 104262169 0 DEPOSITS FROM STUDENTS 1361684 1361684 65735534 -11884562 0 0 416463 -11468099 77203633 0 0 0 77203633 80055637 0 0 0 1067457 1067457 78988180 0 0 0 78988180 Schedule D, Part V, Line 4 THE UNIVERSITY'S ENDOWMENT INCLUDES BOTH DONOR RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE B.O.D. TO FUNCTION AS ENDOWMENTS. PERMANENTLY RESTRICTED FUNDS ARE SUBJECTED TO DONOR IMPOSED RESTRICTIONS THAT RESOURCES BE MAINTAINED INDEFINITELY, BUT PERMITS THE UNIVERSITY TO USE OR EXPEND PART OR ALL OF THE INCOME DERIVED FROM THE DONATED ASSETS. TEMPORARY RESTRICTED ARE SUBJECTED TO DONOR IMPOSED RESTRICTIONS THAT PERMIT THE UNIVERSITY TO USE OR EXPEND THE ASSET EITHER BY THE PASSAGE OF TIME OR OTHER ACTIONS BY THE UNIVERSITY. BOARD DESIGNATED FUNDS ARE NEITHER PERMANENTLY RESTRICTED OR TEMPORARY RESTRICTED BY DONOR IMPOSED STIPULATIONS. THESE FUNDS MAY BE DESIGNATED FOR SPECIFIC PURPOSES BY THE ACTION OF THE BOARD. Schedule D, Part XI, Line 2d CONSISTS OF NET RENTALS FOM HELD PROPERTIES Schedule D, Part XII, Line 2d NET EXPENSES ON RENTALS 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 THIS INFORMATION IS PART OF THE ADMISSION'S / REGISTRATION PROCESS, INCLUDING ITS BROCHURES AND WEB SITE. Schedule E, Part I, Line 6 STUDENTS ARE AWARDED PELL GRANTS, FEDERAL WORK STUDIES, PERKIN LOANS, SEOG GRANTS, AND OTHERS WHICH THE UNIVERSITY RECEIVES FROM THE FEDERAL GOVERNMENT DIRECTLY AND APPLIES THE RECEIPTS TO THE STUDENT'S ACCOUNTS RECEIVABLE IN ACCORDANCE WITH THE RULES AND REGULATIONS SET FORTH BY THE GOVERNING BODIES. X 1 1 X 0 0 0 0 0 0 0 0 0 Virinder Moudgil Past President term ended 12/31/2021 307656 0 0 0 0 0 4575 0 11055 0 323286 0 536045 0 TAREK SOBH PRESIDENT 448005 0 0 0 0 0 4575 0 20268 0 472848 0 314948 0 Nabil Grace Dean of Engineering 434185 0 0 0 0 0 4575 0 16865 0 455625 0 297578 0 Linda Height Chief Financial Officer 230901 0 0 0 0 0 3463 0 19131 0 253495 0 247046 0 Bahman Mirshab Dean of College of Management 229985 0 0 0 0 0 3448 0 26217 0 259650 0 244101 0 KARL DAUBMANN Dean of Architecture 223630 0 0 0 0 0 3355 0 17580 0 244565 0 229355 0 Lisa Kujawa Associate Provost 206189 0 0 0 0 0 3092 0 25622 0 234903 0 225494 0 SRINIVAS KAMBHAMPATI Dean of Arts & Science 180720 0 0 0 0 0 2710 0 16836 0 200266 0 187111 0 GREG CASCIONE VP OF PHILANTHROPY 206340 0 0 0 0 0 3095 0 13763 0 223198 0 0 0 DANIEL RADOMSKI EXECUTIVE DIRECTOR OF ACCELERATOR 371272 0 0 0 0 0 4575 0 18955 0 394802 0 0 0 Schedule J, Part I, Line 1a AN AUTOMOBILE AND HOUSING RESIDENCE IS FURNISHED FOR THE PRESIDENT OF THE UNIVERSITY. Schedule J, Part I, Line 3 THE BOARD OF DIRECTORS ARE RESPONSIBLE FOR DOCUMENTING THE UNIVERSITY'S PRESIDENT COMPENSATION WHICH IS DONE ANNUALLY. A MICHIGAN FINANCE AUTHORITY 383442443 2017-06-01 47038801 ADVANCE REFUND ON BOND 2000 AND 2001 AND FINANCE CONSTRUCTION OF STUDENT HOUSING ON CAMPUS 0 0 0 B MICHIGAN FINANCE AUTHORITY 383442443 2022-01-27 14477449 REFUND SERIES 2010 AND 2014 BOND ISSUE 0 0 0 A 16900000 0 47038801 3292331 1222987 0 803581 0 0 0 0 0 2018 1 1 1 1 B 13226000 0 14477449 963058 0 0 309437 0 0 0 0 0 1 1 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 0 0 1 PNC BANK 7 0 0 0 0 1 B 0 0 0 0 0 0 0 0 1 A 1 B 1 X 10 1106788 FMV 0 0 1 0 Form 990, Part VI, Section B, Line 11b THE FINANCE COMMITTEE OF THE BOARD REVIEWS THE 990 TAX RETURN AND ITS ATTACHMENTS AND THEN RECOMMENDS TO THE ENTIRE BOARD APPROVAL OF THE 990 TAX RETURN FOR THE YEAR UNDER REVIEW. THIS PROCESS IS DOCUMENTED IN THE MINUTES OF BOTH THE COMMITTEE AND BOARD OF DIRECTORS MINUTES. Form 990, Part VI, Section B, Line 12c ANNUALLY SIGNED DISCLOSURE STATEMENTS ARE COMPLETED BY EACH BOARD MEMBER WITH ANY EXCEPTIONS FOLLOWED UP BY THE B.O.D. AS WELL WITH THE APPROPRIATE DOCUMENTATION. Form 990, Part VI, Section B, Line 15 THE BOARD OF DIRECTORS ARE RESPONSIBLE FOR DOCUMENTING THE UNIVERSITY'S PRESIDENT'S COMPENSATION. THE OTHER COMPENSATION FOR EXECUTIVES ARE COMPLETED BY THE UNIVERSITY'S HUMAN RESOURCES DEPARTMENT ANNUALLY. Form 990, Part VI, Section C, Line 19 THE 990 TAX RETURNS ARE AVAILABLE UPON REQUEST TO THE VP OF FINANCE OR THE PRESIDENT'S OFFICE. COPIES OF THE TAX RETURNS ARE AVAILABLE IN THE UNVERSITY'S LIBRARY SERVICES DEPARTMENT FOR REVIEW AS WELL. Form 990, Part XI, Line 9 CONSISTS OF NET RENTALS FROM HELD PROPERTIES. EXTENSION WAS GRANTED ON THE RETURN FROM THE IRS