2023-05-12T22:02:13+00:00 2022-06-30 346565596 ERNST & YOUNG US LLP 155 N WACKER DRIVE CHICAGO IL 60606 990 2021-07-01 361408475 Loyola University of Chicago LOYO 3129157676 820 N MICHIGAN AVENUE CHICAGO IL 606112147 WAYNE MAGDZIARZ SR VP & CFO/CBO 3129156403 2023-05-12 false WAYNE MAGDZIARZ 999009999 KRISTEN FARR CAPIZZI P02176875 3128792000 2023-05-11 2021 2023-04-26 12:10:37Z X JO ANN ROONEY 820 N MICHIGAN AVENUE CHICAGO IL 606112147 1499658157 false X WWW.LUC.EDU X 1909 IL WE ARE ONE OF THE NATION'S LARGEST JESUIT, CATHOLIC UNIVERSITIES WITH OVER 17,000 STUDENTS. WE WORK TO EXPAND KNOWLEDGE THROUGH LEARNING, JUSTICE, AND FAITH. 35 34 8523 998 1180408 208340 95212709 161742470 691025298 799610734 26471880 107482488 845934 526208 813555821 1069361900 258899512 281651950 0 0 324327323 360008464 392000 0 15269588 196486568 248097544 780105403 889757958 33450418 179603942 2523912579 2422309997 529574403 439116219 1994338176 1983193778 WE ARE CHICAGO'S JESUIT, CATHOLIC UNIVERSITY - A DIVERSE COMMUNITY SEEKING GOD IN ALL THINGS AND WORKING TO EXPAND KNOWLEDGE IN THE SERVICE OF HUMANITY THROUGH LEARNING, JUSTICE, AND FAITH. false false 680434732 276891949 737380147 HIGHER EDUCATION: LOYOLA UNIVERSITY CHICAGO EDUCATED APPROXIMATELY 11,800 UNDERGRADUATE & 5,700 GRADUATE & PROFESSIONAL STUDENTS. LOYOLA STRIVES TO DELIVER THE PREMIER UNDERGRADUATE EDUCATIONAL EXPERIENCE IN CHICAGO, CHARACTERIZED BY A TRANSFORMATIVE EXPERIENCE IN THE JESUIT TRADITION & A COMMITMENT TO THE UNDERSERVED. AT THE GRADUATE & PROFESSIONAL LEVELS, LOYOLA DELIVERS A HIGH-QUALITY EDUCATION THAT IS CHARACTERIZED BY EXCELLENCE, INNOVATION, JUSTICE, & LEADERSHIP. LUC IS HOME TO 15 SCHOOLS, COLLEGES, AND INSTITUTES. 75041904 1353672 62864417 HIGHER EDUCATION AUXILIARY SERVICES: LOYOLA UNIVERSITY CHICAGO PROVIDES VARIOUS GOODS AND SERVICES FOR THE BENEFIT OF ITS STUDENTS, FACULTY AND STAFF, AND IN SUPPORT OF EDUCATIONAL ACTIVITIES. SERVICES INCLUDE STUDENT HOUSING, FOOD SERVICE, BOOKSTORES, RECREATIONAL FACILITIES AND TRANSPORTATION. 37844728 3406329 0 RESEARCH: LOYOLA UNIVERSITY CHICAGO ENGAGES IN EXTERNALLY FUNDED RESEARCH PROJECTS PRIMARILY IN MEDICINE AND THE BASIC SCIENCES. THROUGH LOYOLA'S HEALTH SCIENCES DIVISION AND PRIMARILY THROUGH THE STRITCH SCHOOL OF MEDICINE, THE UNIVERSITY IS FOCUSED ON THE DEVELOPMENT AND ADVANCEMENT OF MEDICAL KNOWLEDGE AS WELL AS THE TRAINING OF STUDENTS IN THE RESEARCH PROCESS. 793321364 true true false true false true true true true true true false false true false false true true true true true true false true false false true true true true false false false false false true true false true false true true false false false true true true false false true X 24660 0 true 8523 true true true true IT UK VM false false false true true false false false false false false X 35 34 true false false false false false false true true false false true true true true true true true true true true CO HI AK MD MA MI NH ND OK OR SC WA X TERESA KRAFCISIN CONTROLLER 3129157676 820 N MICHIGAN AVENUE CHICAGO IL 60611 JO ANN ROONEY PRESIDENT 40.0 0.0 X X 918348 0 44894 BARRY C MCCABE TRUSTEE 1.0 0.0 X 0 0 0 BRIAN K SPEERS TRUSTEE 1.0 0.0 X 0 0 0 BRYAN TRAUBERT TRUSTEE 1.0 0.0 X 0 0 0 CHRISTOPHER J DEVRON SJ TRUSTEE (TERM ENDED 06/2022) 1.0 0.0 X 0 0 0 CYNTHIA HANK STARK TRUSTEE 1.0 0.0 X 0 0 0 EDWARD SIEBERT SJ TRUSTEE (EFFECTIVE 06/2022) 1.0 0.0 X 0 0 0 EILEEN WRENN MITCHELL TRUSTEE 1.0 0.0 X 0 0 0 ELIZABETH PARKINSON TRUSTEE 1.0 0.0 X 0 0 0 ELLEN S ALBERDING TRUSTEE 1.0 0.0 X 0 0 0 GREG O'MEARA SJ TRUSTEE 1.0 0.0 X 0 0 0 JACKIE TAYLOR HOLSTEN TRUSTEE 1.0 0.0 X 0 0 0 JOHN G SCHREIBER TRUSTEE 1.0 0.0 X 0 0 0 JOHN P FITZGIBBONS SJ TRUSTEE 1.0 0.0 X 0 0 0 JOSEPH T SEMINETTA TRUSTEE (TERM ENDED 09/2021) 1.0 0.0 X 0 0 0 JULIE H SULLIVAN TRUSTEE 1.0 0.0 X 0 0 0 KEVIN W WILLER TRUSTEE 1.0 0.0 X 0 0 0 KIM BLICKENSTAFF TRUSTEE 1.0 0.0 X 0 0 0 MARGARET MARY COSGROVE BVM TRUSTEE 1.0 0.0 X 0 0 0 MARK A HOPPE VICE CHAIR OF THE BOARD, TRUSTEE 1.0 0.0 X 0 0 0 MARK S RZEPCZYNSKI TRUSTEE 1.0 0.0 X 0 0 0 MARY HASTEN TRUSTEE 1.0 0.0 X 0 0 0 MELANIE C DREHER TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL R HANEY TRUSTEE 1.0 0.0 X 0 0 0 PATRICK E MCGRATH SJ TRUSTEE (EFFECTIVE 06/2022) 1.0 0.0 X 0 0 0 RICK HAMMOND TRUSTEE 1.0 0.0 X 3000 0 0 ROBERT A SULLIVAN TRUSTEE 1.0 0.0 X 0 0 0 ROBERT G CLARK TRUSTEE (EFFECTIVE 06/2022) 1.0 0.0 X 0 0 0 ROBERT L NIEHOFF SJ TRUSTEE 1.0 0.0 X 0 0 0 ROCCO J MARTINO TRUSTEE 1.0 0.0 X 0 0 0 SHARON L O'KEEFE TRUSTEE 1.0 0.0 X 0 0 0 STEPHEN P SQUINTO TRUSTEE (TERM ENDED 02/2022) 1.0 0.0 X 0 0 0 SUSAN S SHER CHAIR OF THE BOARD, TRUSTEE 1.0 0.0 X 0 0 0 TAYLOR J O'MALLEY TRUSTEE 1.0 0.0 X 0 0 0 TIMOTHY P KESICKI SJ TRUSTEE 1.0 0.0 X 0 0 0 WALTER C DEYE SJ TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM F LYNCH TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM G KISTNER TRUSTEE 1.0 0.0 X 0 0 0 DOMINIQUE JORDAN TURNER VP INST. DEI & CHIEF INCL. OFFICER (EFF. 11/2021) 40.0 0.0 X 32828 0 4374 JAMES PREHN SJ VP & CHIEF OF STAFF 40.0 0.0 X 0 0 0 JANE NEUFELD VP STUDENT DEVELOPMENT (TERM ENDED 12/2021) 40.0 0.0 X 261343 0 30012 JANET W SISLER VP MISSION INTEGRATION (TERM ENDED 12/2021) 40.0 0.0 X 210487 0 22313 JEREMY W LANGFORD VP MARKETING & COMMUNICATIONS 40.0 0.0 X 322264 0 24766 JOHN M SCHIETINGER ASSISTANT SECRETARY 40.0 0.0 X 173610 0 33910 KAREN PACIERO VP OF ADVANCEMENT 40.0 0.0 X 403483 0 55113 KEITH CHAMPAGNE VP STUDENT DEVELOPMENT (EFF. 12/2021) 40.0 0.0 X 15876 0 1042 MARGARET FAUT CALLAHAN PROVOST, CHIEF ACADEMIC OFFICER (EFF. 7/2021) 40.0 0.0 X 531198 0 46998 PAMELA G COSTAS VP GENERAL COUNSEL & SECRETARY 40.0 0.0 X 368457 0 35779 PAUL G ROBERTS VP FOR ENROLL. MGMT. & ST. SUCCESS 40.0 0.0 X 355907 0 36526 PHILIP D HALE VP FOR CIVIC ENGAGEMENT 40.0 0.0 X 234663 0 40365 SUSAN BODIN TREASURER 40.0 0.0 X 201463 0 40401 SUSAN M MALISCH VP & CHIEF INFORMATION OFFICER 40.0 0.0 X 359053 0 36683 THOMAS M KELLY SR VP ADMIN. SERVICES 40.0 0.0 X 392904 0 57130 WAYNE MAGDZIARZ SR VP & CFO/CBO 40.0 0.0 X 468967 0 30939 WINIFRED WILLIAMS VP & CHIEF HR OFFICER 40.0 0.0 X 299287 0 34022 KATHARINE WYATT CHIEF INVESTMENT OFFICER 40.0 0.0 X 422605 0 56588 LORNA FINNEGAN DEAN, SCHOOL OF NURSING 40.0 0.0 X 304205 0 46873 MACIEK NOWAK INTERIM DEAN, QUINLAN SCHOOL OF BUS 40.0 0.0 X 240708 0 33391 PETER SCHRAEDER DEAN, COLLEGE OF ARTS & SCIENCES 40.0 0.0 X 270165 0 55789 SAM MARZO DEAN, STRITCH SCHOOL OF MEDICINE 40.0 0.0 X 695095 0 57097 CARLTON VALENTINE HEAD COACH MEN'S BASKETBALL 40.0 0.0 X 470000 0 63091 ERIN MORIARTY DEAN, UNDERGRAD ADMIS. 40.0 0.0 X 583518 0 10785 MARIJO LETIZIA PROFESSOR, NURSING 40.0 0.0 X 400699 0 15181 MEHARVAN SINGH VICE PROVOST FOR RESEARCH 40.0 0.0 X 390603 0 54926 MICHAEL NISHIMURA PROFESSOR, SURGERY 40.0 0.0 X 390453 0 49777 KEVIN STEVENS FORMER KEY EMPLOYEE 40.0 0.0 X 296996 0 24583 MICHAEL J KAUFMAN FORMER OFFICER 40.0 0.0 X 326182 0 29354 NORBERTO GRZYWACZ FORMER OFFICER 40.0 0.0 X 610480 0 48479 10954847 0 1121181 770 true true false ARAMARK CORPORATION 1125 W LOYOLA AVE SUITE 110 CHICAGO IL 60626 Food Services 11892467 THE MILLARD GROUP 94346 EAGLE WAY CHICAGO IL 60678 Housekeeping 9683703 ORBIS EDUCATION SVCS INC 301 PENNSYLVANIA PKWY STE 400 CARMEL IN 46280 Program Management 4785424 B STROMBERG CONSTRUCTION CO 5831 DEMPSTER ST MORTON GROVE IL 60053 Construction 3957008 POWER CONSTRUCTION COMPANY LLC 8750 W BRYN MAWR AVE CHICAGO IL 60631 Construction 3568177 101 42437 223150 64894821 96582062 1765965 161742470 TUITION AND FEES 611710 694704477 694704477 AUXILIARY 611710 62864417 62864417 ACADEMIC SUPPORT-TRINITY HEALTH 611710 26093268 26093268 OTHER STUDENT SERVICES 611710 15948572 15948572 0 0 0 0 799610734 13150185 1249544 11900641 364797 364797 11588031 11632087 -44056 0 -44056 -44056 512888127 61350 418602612 14562 94285515 46788 94332303 94332303 52566 42437 46996 5570 5570 INTEREST ON STUDENT LOANS 611600 269033 269033 CONFERENCE SERVICES 531120 -71724 -71724 FITNESS CENTER 713940 -237941 -237941 240529 0 240529 0 199897 1069361900 800244564 1180408 106194458 2759374 2759374 277550721 277550721 1341855 1341855 0 0 10301837 1562193 8285433 454211 16918 16918 278471495 243742680 27862389 6866426 21798407 18125590 2946431 726386 29449317 24802795 3706838 939684 19970490 17247143 2339643 383704 371264 212977 158287 499405 31439 467966 5606290 5606290 33299136 29583664 2387383 1328089 5841274 2833289 2347919 660066 27478588 25476575 1270713 731300 13027644 4945038 7935678 146928 15301 15301 25649552 19773091 5369654 506807 3361164 3288590 18726 53848 4129614 3787902 140485 201227 11181622 9450607 1428835 302180 55897516 48280426 6536142 1080948 4129063 3336467 718341 74255 HEERF STUDENT AID 19824961 19824961 COVID-19 RELATED EXP 1221022 600230 620792 AUXILIARY 15841445 15835925 2764 2756 INSTITUTIONAL SUPPORT 4911939 3943970 188940 779029 15810744 14951643 827357 31744 889757958 793321364 81167006 15269588 10069305 10065052 96128719 70872424 25753903 70172660 13887053 9480954 81020 40510 0 0 11920176 9714581 15514 15449 7767172 8933873 1904433921 884609299 1057477080 1019824622 644864925 565880899 634613835 638516806 1301301 1191236 20032576 17600931 2523912579 2422309997 60407476 59931261 43021489 42288856 83359074 80121762 1819529 1796221 0 0 8015199 6247062 265421521 194704554 67530115 54026503 529574403 439116219 1452211213 1422488029 542126963 560705749 1994338176 1983193778 2523912579 2422309997 X 179603942 -189771019 -977321 X false true X true true true X 79243989 77315426 76719719 69634213 161742470 464655817 0 0 79243989 77315426 76719719 69634213 161742470 464655817 50636284 414019533 26927598 30922589 27996133 24394044 25372046 135612410 553374 301827 0 0 0 855201 0 0 0 0 52566 52566 601175994 3670164000 0.6887 0.7012 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - INCOME FROM FUNDRAISING EVENTS, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 52566.0, COLUMN F - 52566.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false true 173451 false false 173451 false Schedule C, Part II-B, Line 1b PAID STAFF OF MANAGEMENT PHILIP HALE, VICE PRESIDENT FOR GOVERNMENTAL AFFAIRS & CIVIC ENGAGEMENT, IS REGISTERED AS A LOBBYIST WITH THE U.S. HOUSE OF REPRESENTATIVES, THE UNITED STATES SENATE, AND THE STATE OF ILLINOIS. Schedule C, Part II-B, Line 1g DIRECT CONTACT WITH LEGISLATORS DURING FISCAL YEAR 2022, THE LOBBYING ACTIVITIES OF THE UNIVERSITY INVOLVED CONTACTS WITH LEGISLATORS AND THEIR STAFFS AT THE FEDERAL, STATE, AND CITY LEVELS. THESE CONTACTS, THROUGH OFFICE VISITS, PHONE CONVERSATIONS, AND LARGE GATHERINGS WERE PRINCIPALLY FOR PURPOSES OF GOODWILL, FOR COVID-19 STIMULUS RELIEF, FOR CONGRESSIONALLY DIRECTED SPENDING, FOR SUPPORT FOR STUDENT DREAMERS, AND FOR MATTERS RELATED TO STUDENT FINANCIAL AID AT THE FEDERAL, STATE, AND CITY LEVELS. X 6 6 0 1 false 0.0 0 19470040 X X X X X SEE PART XIII false false true X 928702115 60728421 -62868838 8182553 12792728 5516034 900070383 701356312 17039881 234617258 7375289 11415401 5520646 928702115 690327666 23598159 10467610 7426074 11810098 3800951 701356312 640302612 33956035 34065410 6371061 8909985 2715345 690327666 593449557 18647756 47169652 7330146 8456534 3177673 640302612 0.5164 0.2509 0.2327 false false 23624843 134786851 158411694 67261804 1419325281 714343879 772243206 714322 62306434 47763375 15257381 1191284 160998355 122502045 39687594 34224747 34224747 1019824622 MARKETABLE EQUITY INVESTMENTS 223008874 F PRIVATE EQUITY INVESTMENTS 179219482 F FIXED INCOME INVESTMENTS REAL ESTATE 11924730 F CASH CLEARING ACCOUNT 2959313 F MARKETABLE ALTERNATIVES 197688189 F OPPORTUNISTIC CREDIT 23716218 F 638516806 COND. ASSET RETIREMENT OBLIGATION 3303304 REFUNDABLE US GOV STUDENT LOAN FUNDS 9037763 PENSION AND OTHER POST RETIREMENT 40394465 LEASE LIABILITY - OPERATING 1290971 54026503 Schedule D, Part III, Line 4 DESCRIPTION AND PURPOSE OF ORGANIZATION'S ART COLLECTIONS LOYOLA UNIVERSITY MUSEUM OF ART (LUMA) CONTRIBUTES TO THE UNIVERSITY'S ACADEMIC LANDSCAPE, AFFIRMING OUR JESUIT, CATHOLIC TRADITIONS THROUGH ART AND CULTURE. LUMA FUNCTIONS AS BOTH A SPECIAL EVENT AND EXHIBITION SPACE, SERVES CLASSES THAT ARRANGE MUSEUM VISITS, AND SUPPORTS ACADEMIC ENTERPRISE ACROSS THE UNIVERSITY THROUGH ITS COLLECTIONS, EXHIBITIONS, AND EDUCATIONAL PROGRAMS. THE UNIVERSITY MAINTAINS ITS CARE FOR AND DISPLAY OF THE D'ARCY COLLECTION OF MEDIEVAL, RENAISSANCE, AND BAROQUE ART. LUMA SHOWS ITS BELOVED ANNUAL CRCHE EXHIBITION AND SOLICITS BOTH INTERNAL STUDENT AND/OR FACULTY EXHIBITIONS AS WELL AS PERIODIC EXTERNAL EXHIBITIONS. ADDITIONALLY, LUMA HAS THE ABILITY TO SHOWCASE NUMEROUS OTHER UNIVERSITY-OWNED HOLDINGS, INCLUDING MANY PIECES FROM THE CUNEO MANSION. Schedule D, Part V, Line 4 INTENDED USE OF ENDOWMENT FUNDS THE ENDOWMENT FUNDS HAVE BEEN ESTABLISHED TO PROVIDE A STABLE SOURCE OF FUNDING FOR UNIVERSITY ACADEMIC PROGRAMS, FINANCIAL AID, AND FACULTY SUPPORT ON A LONG-TERM TIME HORIZON. Schedule D, Part II, Line 9 Conservation easements financial reporting SCHEDULE D, PART II, LINES 5, 6, 7 AND 9 THE UNIVERSITY HAS ONE PROPERTY LISTED ON THE NATIONAL REGISTER OF HISTORIC PLACES: THE MUNDELEIN CENTER. THE UNIVERSITY HAS FIVE PROPERTIES THAT ARE DESIGNATED AS CHICAGO LANDMARKS: THE MADONNA DELLA STRADA CHAPEL, LEWIS TOWERS, THE MUNDELEIN CENTER, BURROWES HALL AND PIPER HALL. THERE IS NO SPECIFIC WRITTEN POLICY REGARDING THE PERIODIC MONITORING, INSPECTION, VIOLATIONS, AND ENFORCEMENT OF THE CONSERVATION EASEMENTS HELD BY THE UNIVERSITY. HOWEVER, THE OFFICE OF THE GENERAL COUNSEL AND THE UNIVERSITY'S FACILITIES DEPARTMENT ARE AWARE OF THE REGULATIONS AND RESTRICTIONS ATTACHED TO THESE BUILDINGS, AS DICTATED BY THE NATIONAL REGISTER OF HISTORIC PLACES, THE NATIONAL PARK SERVICE, AND THE COMMISSION ON CHICAGO LANDMARKS. AS SUCH, BEFORE ANY CHANGES, MODIFICATIONS OR RENOVATIONS ARE MADE TO THESE STRUCTURES, THE APPROPRIATE RULES AND REGULATIONS ARE REVIEWED AND FOLLOWED. ADDITIONALLY, THE CONSERVATION EASEMENTS RELATED TO THE AFOREMENTIONED BUILDINGS ARE NOT REPORTED IN EITHER THE BALANCE SHEET OR THE REVENUE AND EXPENSE STATEMENT OF THE UNIVERSITY, AS THERE IS NO BOOK VALUE TO THOSE EASEMENTS. THEY ARE SOLELY MEASURES IN PLACE TO PROTECT THE HISTORICAL INTEGRITY OF THE BUILDINGS. Schedule D, Part IV, Line 2b Explanation of escrow agreement LOYOLA HOLDS ASSETS FOR VARIOUS STUDENT ORGANIZATIONS, STUDY ABROAD PROGRAMS, AND THIRD-PARTY SCHOLARSHIP AWARDS IN AGENCY ACCOUNTS, WHICH ARE PASS-THROUGH LIABILITY ACCOUNTS WHERE ASSETS ARE HELD FOR THE BENEFIT OF THE THIRD-PARTY. LOYOLA DOES NOT CONTROL HOW THESE FUNDS ARE SPENT AND HAS THESE ACCOUNTS SET UP FOR THE CONVENIENCE OF OUTSIDE ORGANIZATIONS. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY RACIALLY NONDISCRIMINATORY POLICY THE UNIVERSITY DISPLAYS A NOTICE ABOUT ITS RACIALLY NONDISCRIMINATORY POLICY ON THE MAIN PAGE OF ITS WEBSITE (WWW.LUC.EDU) AT ALL TIMES, WHICH IS PUBLICLY ACCESSIBLE ON THE INTERNET. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT AGENCY A NUMBER OF FEDERAL, STATE AND LOCAL AGENCIES ISSUE GRANTS AND CONTRACTS TO THE UNIVERSITY FOR RESEARCH, TRAINING AND GENERAL EDUCATIONAL SUPPORT. true East Asia and the Pacific 0 0 Investments 15801175 Europe (Including Iceland and Greenland) 0 0 Investments 24924363 Central America and the Caribbean 0 0 Investments 232873912 Central America and the Caribbean 0 0 Grantmaking 93414 Europe (Including Iceland and Greenland) 0 0 Grantmaking 824683 Middle East and North Africa 0 0 Grantmaking 87615 North America (Canada & Mexico only) 0 0 Grantmaking 133119 Russia and Neighboring States 0 0 Grantmaking 42880 South America 0 0 Grantmaking 7238 South Asia 0 0 Grantmaking 120506 Sub-Saharan Africa 0 0 Grantmaking 32400 Europe (Including Iceland and Greenland) 1 35 Program Service Study Abroad Campus 7889772 East Asia and the Pacific 1 2 Program Service Study Abroad Campus 290417 East Asia and the Pacific 0 1 Program Service Honorarium 200 Europe (Including Iceland and Greenland) 0 11 Program Service Honorarium 10927 Middle East and North Africa 0 1 Program Service Honorarium 500 North America (Canada & Mexico only) 0 4 Program Service Honorarium 4150 South America 0 2 Program Service Honorarium 2750 South Asia 0 1 Program Service Honorarium 500 East Asia and the Pacific 0 0 Program Service Professional Services 6389 Europe (Including Iceland and Greenland) 0 9 Program Service Professional Services 20232 North America (Canada & Mexico only) 0 1 Program Service Professional Services 4030 South Asia 0 1 Program Service Professional Services 2025 Sub-Saharan Africa 0 0 Program Service Professional Services 4785 Central America and the Caribbean 0 0 Program Service Research 5000 Europe (Including Iceland and Greenland) 0 2 Program Service Research 4243 North America (Canada & Mexico only) 0 3 Program Service Research 5796 South America 0 0 Program Service Study Abroad 20435 Europe (Including Iceland and Greenland) 0 0 Program Service Conference Travel 938 Sub-Saharan Africa 0 0 Program Service Conference Travel 2205 Central America and the Caribbean 0 0 Program Service Athletic's Basketball tournament 33779 2 50 0 23 2 73 283133121 117257 283250378 Sub-Saharan Africa Epidemiologic Transition 32400 Wire transfer Middle East and North Africa Anthrax Research 87615 Wire transfer Europe (Including Iceland and Greenland) Epidemiologic Transition 47623 Wire transfer Russia and Neighboring States Bioethics research 34380 Wire transfer North America (Canada & Mexico only) Dimerization and Micropeptides 133119 Wire transfer Europe (Including Iceland and Greenland) Capsule Biosynthesis 97898 Wire transfer Central America and the Caribbean Epidemiologic Transition 93414 Wire transfer South Asia Anthrax Research 120506 Wire transfer 8 0 Scholarships Europe (Including Iceland and Greenland) 22 677162 Wire Transfer Scholarships South America 1 7238 Wire Transfer Fellowships Europe (Including Iceland and Greenland) 2 2000 Wire Transfer Fellowships Russia and Neighboring States 3 8500 Wire Transfer true false true true true false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds ORGANIZATIONS AND ENTITIES RECEIVING GRANTS FROM LUC ARE REQUIRED TO SUBMIT ANNUAL PROGRESS REPORTS ON THE USE OF THESE FUNDS. THESE PROGRESS REPORTS ARE MONITORED AND REVIEWED BY THE PRINCIPAL INVESTIGATORS TO ENSURE FUNDS ARE BEING USED APPROPRIATELY. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Cash,; EAST ASIA AND THE PACIFIC-Cash,; EUROPE (INCLUDING ICELAND AND GREENLAND)-Cash; MIDDLE EAST AND NORTH AFRICA-Cash,; NORTH AMERICA (CANADA & MEXICO ONLY)-Cash,; RUSSIA AND NEIGHBORING STATES-Cash; SOUTH AMERICA-Cash; SOUTH ASIA-Cash; SUB-SAHARAN AFRICA-Cash Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Cash; EUROPE (INCLUDING ICELAND AND GREENLAND)-Cash; MIDDLE EAST AND NORTH AFRICA-Cash; NORTH AMERICA (CANADA & MEXICO ONLY)-Cash; RUSSIA AND NEIGHBORING STATES-Cash; SOUTH ASIA-Cash; SUB-SAHARAN AFRICA-Cash Schedule F, Part III Method used to account for expenditures on org's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND) -Cash RUSSIA AND NEIGHBORING STATES -Cash SOUTH AMERICA -Cash Athletics Golf Outing 95003 42437 52566 21000 16471 850 8675 0 0 95003 42437 52566 21000 16471 850 8675 46996 5570 true AMERICAN LUNG ASSOCIATION 55 W Wacker Chicago IL 60601 131632524 501(c)(3) 10000 Sponsorship ARGONNE NATIONAL LAB PO Box 87916 Carol Stream IL 60188 680628477 170(C)(1) 33460 Anthrax Research BAYLOR COLLEGE OF MEDICINE One Baylor Plaza Houston TX 77030 741613878 501(c)(3) 8745 Breast Cancer Prevention BOISE STATE UNIVERSITY 1910 University Drive Boise ID 83725 820290701 501(c)(3) 69555 Frogbit Research BOSTON UNIVERSITY PO BOX 28763 New York NY 10087 042103547 501(c)(3) 93987 SARS-CoV-2 Research BY THE HAND CLUB FOR KIDS 415 N Laramie Chicago IL 60644 203144284 501(c)(3) 5331 Minority Prevention Program CARDNO INC PO BOX 123422 Dallas TX 75312 452663666 OTHER 39130 Copperbelly Water Snakes Study CENTER FOR CURRICULUM ANALYSIS 2 Parklawn Place Madison WI 53705 831519389 Other 86908 Middle School Professional Learning CENTRO ROMERO 6216 N Clark St Chicago IL 60660 363517408 501(c)(3) 21718 Minority Prevention Program CINCINNATI CHILDREN'S HOSPITAL 3333 Burnet Avenue Cincinnati OH 45229 310833936 501(c)(3) 11680 Spina Bifida Research COLUMBIA UNIVERSITY PO Box 29789 New York NY 10087 135598093 501(c)(3) 45714 GALT Research EMORY UNIVERSITY 1462 Clifton Rd Atlanta GA 30322 580566256 501(c)(3) 12751 Parkinson's Disease Research HOLY NAME CATHEDRAL 730 Wabash Ave Chicago IL 60611 362171697 501(c)(3) 7500 Sponsorship Donation INSTITUTE OF THE NATIONAL NETWORK FOR SOCIAL WORK MANAGERS 905 E 8th St Los Angeles CA 90021 364799531 501(c)(3) 12500 Sponsorship Donation LAKE FOREST COLLEGE 555 N Sheridan Lake Forest IL 60045 362167770 501(c)(3) 16341 High Oxygen Study LEADERSHIP ROUNDTABLE 415 Michigan Ave NE Suite 275 Washington DC 20017 542174467 501(c)(3) 10000 Sponsorship LOS ALAMOS NATIONAL LABORATORY PO Box 1663 Mall Stop P245 Los Alamos NM 87545 203104541 170(c)(1) 56784 Molecular Virology Research MEDICAL COLLEGE OF WISCONSIN 8701 Watertown Plank Rd Milwaukee WI 53226 390806261 501(c)(3) 70244 Advancing prosecutorial fairness NORTHEASTERN UNIVERSITY 360 Huntington Ave MAIL STOP 540-177 HU Boston MA 02115 041679980 501(c)(3) 7704 Alzheimer's Research NORTHWESTERN UNIVERSITY 750 N Lake Shore Drive 7th Floor Rubloff Chicago IL 60611 362167817 501(c)(3) 5086 Urinary Research OLD DOMINION UNIVERSITY RESEARCH FOUNDATION PO Box 6369 Norfolk VA 23508 546068198 501(c)(3) 20141 Nursing Education PRINCETON UNIVERSITY 701 Carnegie Ctr Princeton NJ 08540 210634501 501(c)(3) 157936 Hepatitis D Research REGENTS OF THE UNIVERSITY OF CALIFORNIA 120 Theory Suite 200 Irvine CA 92697 943067788 170(c)(1) 11419 Glyoxal Toxicity Research REGENTS OF THE UNIVERSITY OF CALIFORNIA SAN DIEGO 9500 Gilman Dr MC 0009 La Jolla CA 92093 956006144 170(c)(1) 333062 Urinary Research ROGERS PARK BUSINESS ALLIANCE 1448 W Morse Ave Chicago IL 60626 363357551 501(c)(3) 25250 Sponsorship ROOSEVELT UNIVERSITY 1400 N Roosevelt Blvd Schaumberg IL 60173 362167854 501(c)(3) 9427 Early Engineering Learning THE JFA INSTITUTE 720 Kearney Street Denver CO 80220 383680643 501(c)(3) 15171 Prison Utilization Design TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA 3400 Chestnut Street Philadelphia PA 19104 231352685 501(c)(3) 10236 GALT Research UNIV OF TEXAS AT ARLINGTON PO BOX 19136 Arlington TX 76019 756000121 170(c)(1) 8328 Historical Radiation Study UNIV OF WISCONSIN - OSHKOSH 800 Algoma Blvd Oshkosh WI 54901 391805963 170(c)(1) 7779 Manoomin Research UNIVERSITY OF CALIFORNIA SAN FRANCISCO PO BOX 748872 Los Angeles CA 90074 946036493 170(c)(1) 17656 Parkinson's Disease Research UNIVERSITY OF CHICAGO 6054 South Drexel Ave Suite 300 Chicago IL 60637 362177139 501(c)(3) 367322 Hepatitis C Research UNIVERSITY OF ILLINOIS 28395 Network Pl Chicago IL 60673 376000511 170(c)(1) 605883 Hepatitis C Research UNIVERSITY OF KENTUCKY RESEARCH FOUNDATION c/o PNC Bank PO Box 931113 Cleveland OH 44193 616033693 170(c)(1) 25862 Alzheimer's Research UNIVERSITY OF MINNESOTA 505 Essex Street Minneapolis MN 55455 416007513 170(c)(1) 123411 SERCA Regulation Study UNIVERSITY OF MISSOURI PO BOX 808008 Kansas City MO 64180 237069620 170(c)(1) 113037 Plea Bargaining Study UNIVERSITY OF TENNESSEE 910 Madison Avenue Suite 823 Memphis TN 38163 626001636 170(c)(1) 8825 Parkinson's Disease Research UNIVERSITY OF WISCONSIN - MADISON 975 Bascom Mall Madison WI 53706 396006492 170(c)(1) 48878 SARS-CoV-2 Research VANDERBILT UNIVERSITY 1207 17th Ave South Suite 105 Nashville TN 37212 620476822 501(c)(3) 19769 Relt Syndrome Research VANDERBILT UNIVERSITY MEDICAL CENTER 1161 21st Ave South D-3300 Medical Center North Nashville TN 37232 352528741 501(c)(3) 8190 Relt Syndrome Research VARIAN MEDICAL SYSTEMS INC 3120 Hansen Way Palo Alto CA 94304 942359345 Other 12183 Lung Tumors Study 38 3 Fellowships 421 2223176 Scholarships 14226 275327545 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. ALL GRANTS AND SCHOLARSHIPS ARE AWARDED ON A NONDISCRIMINATORY BASIS. AMOUNTS ARE APPLIED DIRECTLY TOWARDS A STUDENT'S TUITION, ROOM, AND BOARD COSTS, THEREBY ENSURING THE FUNDS ARE USED AS INTENDED. ADDITIONALLY, ANY ORGANIZATIONS AND ENTITIES RECEIVING SUBCONTRACT GRANTS FROM LOYOLA UNIVERSITY CHICAGO ARE REQUIRED TO SUBMIT ANNUAL PROGRESS REPORTS ON THE USE OF THESE FUNDS. THESE PROGRESS REPORTS ARE MONITORED AND REVIEWED BY THE PRINCIPAL INVESTIGATORS TO ENSURE FUNDS ARE BEING USED APPROPRIATELY. X X X true true X X X true true false false false false false true false JO ANN ROONEY PRESIDENT 791728 0 0 0 126620 0 20575 0 24319 0 963242 0 0 0 MARGARET FAUT CALLAHAN PROVOST, CHIEF ACADEMIC OFFICER (EFF. 7/2021) 526007 0 0 0 5191 0 23508 0 23490 0 578196 0 0 0 WAYNE MAGDZIARZ SR VP & CFO/CBO 464208 0 0 0 4759 0 20698 0 10241 0 499906 0 0 0 KAREN PACIERO VP OF ADVANCEMENT 401241 0 0 0 2242 0 23481 0 31632 0 458596 0 0 0 THOMAS M KELLY SR VP ADMIN. SERVICES 389582 0 0 0 3322 0 23610 0 33520 0 450034 0 0 0 PAMELA G COSTAS VP GENERAL COUNSEL & SECRETARY 365140 0 0 0 3317 0 24086 0 11693 0 404236 0 0 0 SUSAN M MALISCH VP & CHIEF INFORMATION OFFICER 355745 0 0 0 3308 0 22877 0 13806 0 395736 0 0 0 PAUL G ROBERTS VP FOR ENROLL. MGMT. & ST. SUCCESS 352604 0 0 0 3303 0 23549 0 12977 0 392433 0 0 0 JEREMY W LANGFORD VP MARKETING & COMMUNICATIONS 320014 0 0 0 2250 0 23562 0 1204 0 347030 0 0 0 WINIFRED WILLIAMS VP & CHIEF HR OFFICER 295302 0 0 0 3985 0 22922 0 11100 0 333309 0 0 0 JANE NEUFELD VP STUDENT DEVELOPMENT (TERM ENDED 12/2021) 258627 0 0 0 2716 0 16338 0 13674 0 291355 0 0 0 PHILIP D HALE VP FOR CIVIC ENGAGEMENT 231259 0 0 0 3404 0 16524 0 23841 0 275028 0 0 0 SUSAN BODIN TREASURER 198372 0 0 0 3091 0 16973 0 23428 0 241864 0 0 0 JANET W SISLER VP MISSION INTEGRATION (TERM ENDED 12/2021) 187532 0 20000 0 2955 0 11744 0 10569 0 232800 0 0 0 JOHN M SCHIETINGER ASSISTANT SECRETARY 172346 0 0 0 1264 0 14616 0 19294 0 207520 0 0 0 SAM MARZO DEAN, STRITCH SCHOOL OF MEDICINE 691753 0 0 0 3342 0 23276 0 33821 0 752192 0 0 0 KATHARINE WYATT CHIEF INVESTMENT OFFICER 346065 0 75000 0 1540 0 23882 0 32706 0 479193 0 0 0 LORNA FINNEGAN DEAN, SCHOOL OF NURSING 298661 0 0 0 5544 0 23425 0 23448 0 351078 0 0 0 PETER SCHRAEDER DEAN, COLLEGE OF ARTS & SCIENCES 266227 0 0 0 3938 0 22494 0 33295 0 325954 0 0 0 MACIEK NOWAK INTERIM DEAN, QUINLAN SCHOOL OF BUS 239122 0 0 0 1586 0 21412 0 11979 0 274099 0 0 0 ERIN MORIARTY DEAN, UNDERGRAD ADMIS. 73857 0 0 0 509661 0 5424 0 5361 0 594303 0 0 0 CARLTON VALENTINE HEAD COACH MEN'S BASKETBALL 394384 0 67500 0 8116 0 27750 0 35341 0 533091 0 0 0 MEHARVAN SINGH VICE PROVOST FOR RESEARCH 388361 0 0 0 2242 0 25686 0 29240 0 445529 0 0 0 MICHAEL NISHIMURA PROFESSOR, SURGERY 314248 0 71736 0 4469 0 26289 0 23488 0 440230 0 0 0 MARIJO LETIZIA PROFESSOR, NURSING 98890 0 0 0 301809 0 5436 0 9745 0 415880 0 0 0 KEVIN STEVENS FORMER KEY EMPLOYEE 292536 0 0 0 4460 0 22662 0 1921 0 321579 0 0 0 NORBERTO GRZYWACZ FORMER OFFICER 605916 0 0 0 4564 0 24508 0 23971 0 658959 0 0 0 MICHAEL J KAUFMAN FORMER OFFICER 307860 0 0 0 18322 0 17653 0 11701 0 355536 0 0 0 Schedule J, Part I, Line 1a First-class or charter travel CHARTER TRAVEL THE UNIVERSITY CHARTERS AIRCRAFT FOR THE PURPOSE OF TRANSPORTING THE BASKETBALL TEAM TO INTERCOLLEGIATE ATHLETIC EVENT LOCATIONS. IN INSTANCES WHERE A UNIVERSITY EMPLOYEE AND/OR THEIR FAMILY MEMBER TRAVELS ON A UNIVERSITY CHARTERED FLIGHT, WITHOUT A UNIVERSITY BUSINESS PURPOSE, THE UNIVERSITY DETERMINES THE TAXABLE VALUE, WHICH MAY BE ZERO, OF THE CHARTERED TRAVEL PROVIDED TO THE EMPLOYEE AND/OR THEIR FAMILY MEMBER AND INCLUDES THE AMOUNT AS TAXABLE WAGES OF THE EMPLOYEE. Schedule J, Part I, Line 1a Housing allowance or residence for personal use TWO OFFICERS WERE PROVIDED A HOUSING ALLOWANCE IN CALENDAR YEAR 2021. THE HOUSING ALLOWANCE WAS CONSIDERED TAXABLE COMPENSATION TO THE EMPLOYEES. Schedule J, Part I, Line 1a Health or social club dues or initiation fees TWO OFFICERS WERE EXTENDED A MEMBERSHIP IN AN ORGANIZATION THAT IS FOR THE PURPOSES OF UNIVERSITY BUSINESS AND IS NOT TREATED AS TAXABLE COMPENSATION. Schedule J, Part I, Line 4a Severance or change-of-control payment MARIJO LETIZIA RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $301,085 DURING CALENDAR YEAR 2021. ERIN MORIARTY RECEIVED A SEPARATION PAYMENT IN THE AMOUNT OF $495,000 DURING CALENDAR YEAR 2021. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE PRESIDENT, PROVOST, SENIOR VICE PRESIDENTS, VICE PRESIDENTS AND DEANS ARE ELIGIBLE TO PARTICIPATE IN A 457(B) NONQUALIFIED RETIREMENT PLAN. EIGHT OFFICERS, ONE KEY EMPLOYEE, ONE FORMER KEY EMPLOYEE, AND ONE HIGHEST COMPENSATED EMPLOYEE CONTRIBUTED TO THE PLAN IN CALENDAR YEAR 2021. THERE WERE NO DISTRIBUTIONS FROM THE PLAN IN CALENDAR YEAR 2021. Schedule J, Part I, Line 7 Non-fixed payments NO ONE LISTED IN PART VII, SECTION A, LINE 1A RECEIVED NON-FIXED PAYMENTS DURING CALENDAR YEAR 2021. ONE PERSON RECEIVED A DISCRETIONARY BONUS FOR ADDITIONAL DUTIES, TWO PERSONS RECEIVED A PERFORMANCE BONUS, AND ONE PERSON RECEIVED AN INCENTIVE PAYMENT. A ILLINOIS FINANCE AUTHORITY 861091967 45203HHM7 2012-05-31 104526524 REFUND & NEW CONST, SEE PART VI false false false A 15600000 104575017 391389 60492499 43691129 2013 false true true true A false false true true false 0.0 false false true A false false true false false false false false true A true Schedule K, Part I, Column (f) ROW A THE 2012B BONDS REFUNDED THE 2003A BONDS ISSUED 7/16/2003 AND THE 2004A BONDS ISSUED 12/2/2004, AND THE REMAINING PROCEEDS FINANCED THE CONSTRUCTION AND EQUIPPING OF VARIOUS EDUCATIONAL FACILITIES. Schedule K, Part II, Line 3 COLUMN A THE TOTAL AMOUNT OF $104,575,017 INCLUDES THE ORIGINAL ISSUE PRICE OF $104,526,524 AND $48,493 OF INVESTMENT EARNINGS. Schedule K, Part III, Line 3b COLUMN A THE UNIVERSITY HAS A CONTRACT POLICY THAT REQUIRES REVIEW OF CERTAIN CONTRACTS BY THE UNIVERSITY'S FINANCE AND LEGAL DEPARTMENTS. MANAGEMENT AND SERVICE CONTRACTS RELEVANT TO THE BOND-FINANCED FACILITIES ENTERED INTO PURSUANT TO THE POLICY HAVE BEEN REVIEWED BY OUTSIDE COUNSEL AND DETERMINED TO HAVE MET THE SAFE HARBOR UNDER REV PROC 97-13 & 2017-13. Schedule K, Part III, Line 3c COLUMN A ALTHOUGH CERTAIN RESEARCH CONTRACTS "MAY" GIVE RISE TO PRIVATE USE, ALL RESEARCH FACILITIES IN THE PARTIALLY BOND-FINANCED BUILDINGS WERE FUNDED WITH EQUITY AT THE TIME OF THE BOND ISSUANCE. Schedule K, Part III, Line 4 LINES 4-6, COLUMN A ANTICIPATED PRIVATE USE WAS CARVED OUT OF THE BOND FINANCING AND FUNDED WITH EQUITY AT THE TIME OF THE DEBT ISSUANCE. Schedule K, Part VI FINAL FORM 990, SCHEDULE K FOR TAX YEAR 2021 The Illinois Finance Authority bond was fully redeemed in July 2022. Jo Ann Rooney President Purchase Residence X 200000 40510 false true true 40510 NA N/A 20885 Staff dependent tuition benefit Tuition Collier Elizabeth Spouse of Jeremy Langford (Officer) 12500 EMPLOYMENT false Schedule L, Part IV BUSINESS TRANSACTIONS WITH INTERESTED PERSONS ELIZABETH COLLIER, WIFE OF JEREMY LANGFORD, OFFICER, IS EMPLOYED BY THE REPORTING ORGANIZATION. MR. LANGFORD HAS NO DIRECT CONTROL OVER HER COMPENSATION. X 6 2250 Other - cost/selling price X 50 1728019 Other - cost/selling price X 861 22006 Other - cost/selling price X 392 9170 Other - cost/selling price X Archives 17 2194 Other - cost/selling price X Biodiesel fuel gallons 1300 Other - cost/selling price X Computer equipment 1 Other - cost/selling price X Miscellaneous Items 1 2326 Other - cost/selling price 0 false true true Schedule M, Part I PART I, COLUMN B ITEMS REPORTED IN COLUMN B ARE A COMBINATION OF BOTH THE NUMBER OF CONTRIBUTIONS AND NUMBER OF ITEMS RECEIVED. Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions THE UNIVERSITY MAINTAINS BROKERAGE RELATIONSHIPS TO FACILITATE THE PROCESSING AND SELLING OF SECURITIES RECEIVED FROM DONORS. Form 990, Part VI, Line 15 a & b - PROCESS FOR DETERMINING COMPENSATION EXECUTIVE COMPENSATION HAS BEEN DOCUMENTED AND DISCUSSED AT LEAST ANNUALLY AT A COMPENSATION SUB-COMMITTEE OF THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE HUMAN RESOURCES DEPARTMENT OF THE UNIVERSITY PREPARES COMPARATIVE AND HISTORICAL INFORMATION FOR THE SUB-COMMITTEE TO REVIEW FOR EACH OF THE FOLLOWING POSITIONS: PRESIDENT, PROVOSTS AND VICE-PRESIDENTS. THE INFORMATION PROVIDED INCLUDES A SALARY HISTORY, AN ANNUAL TOTAL COMPENSATION TALLY SHEET, A DETAILED COMPARISON OF COMPENSATION TO OTHER PEER INSTITUTIONS INCLUDING MEMBERS OF THE ASSOCIATION OF JESUIT COLLEGES AND UNIVERSITIES (AJCU) AS WELL AS OTHER DOCTORAL INSTITUTIONS OF COMPARABLE SIZE. MOST OF THE COMPENSATION DATA COMES FROM THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION - HUMAN RESOURCES (CUPA-HR) ANNUAL SALARY SURVEY. PRIOR TO THE MEETING, THE CHAIRMAN OF THE BOARD OF TRUSTEES REVIEWS THE COMPENSATION DATA, ASSESSES PERFORMANCE, AND PROPOSES COMPENSATION FOR THE PRESIDENT. THESE PROPOSALS, ALONG WITH THE COMPARABILITY DATA, ARE THEN REVIEWED, DISCUSSED AND APPROVED AT THE COMPENSATION SUB-COMMITTEE MEETING. ADDITIONALLY, A SUMMARY REPORT OF THIS DATA AND COMPENSATION DECISIONS WILL BE MADE TO THE FULL BOARD OF TRUSTEES. THE HUMAN RESOURCES DEPARTMENT DOCUMENTS ALL OF THE APPROVALS AND DECISIONS MADE DURING COMPENSATION SUB-COMMITTEE MEETINGS, RETAINS A COPY OF REPORTS IN ITS FILES, AND PROCESSES ANY AND ALL CHANGES. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons JO ANN ROONEY, PRESIDENT, AND GREG O'MEARA, TRUSTEE, SIT ON THE BOARD OF AN UNRELATED ORGANIZATION; THEREFORE THEY HAVE A - Business relationship Form 990, Part VI, Line 11b Review of form 990 by governing body THE TAX MANAGER WORKS WITH A PUBLIC ACCOUNTING FIRM TO COMPLETE A DRAFT FORM 990. THIS IS THEN REVIEWED IN DETAIL BY THE ASSISTANT VICE PRESIDENT TAX AND COMPLIANCE, CONTROLLER AND THE ACCOUNTING FIRM'S ENGAGEMENT MANAGEMENT TEAM. THE DRAFT FORM IS THEN REVIEWED BY THE SENIOR VICE PRESIDENT, CHIEF FINANCIAL OFFICER, & CHIEF BUSINESS OFFICER. IT IS THEN REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE FINAL COMPLETE VERSION OF THE FORM 990 IS DISTRIBUTED VIA THE BOARD OF TRUSTEES SECURE WEBSITE TO ALL THE VOTING MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO ITS FILING. Form 990, Part VI, Line 12c Conflict of interest policy EACH YEAR, THE CONFLICT OF INTEREST POLICY IS UPDATED AS NECESSARY AND DISTRIBUTED TO ALL CURRENT OFFICERS, TRUSTEES, AND KEY EMPLOYEES, ALONG WITH A CONFLICT OF INTEREST DISCLOSURE STATEMENT. EVERY EFFORT IS MADE TO OBTAIN COMPLETED AND SIGNED DISCLOSURE STATEMENTS FROM ALL THOSE TO WHOM IT WAS DISTRIBUTED. Form 990, Part VI, Line 19 Required documents available to the public THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC VIA THE UNIVERSITY'S WEBSITE. GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part VII, Section A, Line 1a OFFICERS, DIRECTORS, TRUSTEES, KEY & HIGHEST PAID EMPLOYEES FATHER JAMES PREHN, S.J., IS A MEMBER OF THE SOCIETY OF JESUS AND HAS TAKEN A VOW OF POVERTY. DURING CALENDAR YEAR 2021, THE UNIVERSITY PAID COMPENSATION AND BENEFITS IN THE AMOUNT OF $309,936 TO THE SOCIETY OF JESUS, THE FOUNDERS OF LOYOLA UNIVERSITY CHICAGO, FOR HIS SERVICES. DURING CALENDAR YEAR 2020 CERTAIN LISTED INDIVIDUALS, INCLUDING OFFICERS, HAD A REDUCTION IN BASE COMPESATION DUE TO THE UNCERTAINTY OF THE PANDEMIC. IN CALENDAR YEAR 2021, THOSE INDIVIDUALS RECEIVED RETROACTIVE COMPENSATION TO ADD BACK THOSE REDUCTIONS. AMOUNTS ARE INCLUDED AS PART OF CALENDAR YEAR 2021 BASE COMPENSATION. Form 990, Part VIII, Column (c) LINES 11b & 11c - CONFERENCE SERVICE AND FITNESS CENTER BUSINESS REVENUES FOR CONFERENCE SERVICES AND FITNESS CENTER PRESENTED ON PART VIII ARE NET OF THE ASSOCIATED BUSINESS EXPENSES, AND CORRESPONDS TO INFORMATION PROVIDED ON THE UNIVERSITY'S FORM 990-T. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue ALL OTHER REVENUE - Total Revenue: 240529, Related or Exempt Function Revenue: , Unrelated Business Revenue: 240529, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Exchange Rate Gain/Loss - -4975050; Changes in Post Retirement Benefit - 4125736; LOSS ON PROPERTY DISPOSALS - -128007; Schedule F, Part I, Line 3(f) DESCRIPTION OF HOW EXPENDITURES ARE REPORTED WE MAINTAIN A SEPARATE SUB-LEDGER RELATED TO OUR ROME CENTER STUDY ABROAD CAMPUS, WHICH INCLUDES THE EXPENSES RELATED TO THAT PROGRAM. FOR STUDY ABROAD PROGRAMS WHICH ARE CONDUCTED THROUGH OTHER EDUCATIONAL INSTITUTIONS WE MAINTAIN SEPARATE ACCOUNTING UNITS WITHIN OUR GENERAL LEDGER IN ORDER TO TRACK THESE EXPENSES. Schedule F, Part II METHOD USED TO ACCOUNT FOR CASH GRANTS IN PART II GRANT ASSISTANCE IS RECOGNIZED WHEN THE EXPENSES ARE INCURRED. WE MAINTAIN A SEPARATE ACCOUNTING UNIT FOR EACH GRANT WITHIN OUR GENERAL LEDGER IN ORDER TO TRACK THESE EXPENSES. MUNDELEIN COLLEGE 820 N MICHIGAN AVE CHICAGO IL 60611 362179799 EDUCATION IL 501(c)(3) 2 LUC true KRASA FAMILY TRUST PO BOX 803878 CHICAGO IL 60680 366828217 SUPPORT LUC IL 501(c)(3) Type III-O NA true false false true false false false false false false false false false false false false false false false false Krasa Family Trust C 223150 Cash