2021-03-18T14:13:51-05:00 2020-05-31 310905417 VONLEHMAN & COMPANY INC 810 WRIGHTS SUMMIT PARKWAY SUITE 300 FORT WRIGHT KY 41011 990 2019-06-01 610448560 THOMAS MORE UNIVERSITY INC THOM 8593443352 333 THOMAS MORE PARKWAY CRESTVIEW HILLS KY 41017 DR JOSEPH L CHILLO PRESIDENT 8593443513 2021-03-04 1 THEODORE J FUNK P00002545 8593313300 2021-03-04 2019 2022-09-23 18:48:47Z DR JOSEPH L CHILLO 333 THOMAS MORE PARKWAY CRESTVIEW HILLS KY 41017 69660652 0 0928 X WWW.THOMASMORE.EDU X 1921 KY TO DEVELOP AND SUSTAIN CHALLENGING UNDERGRADUATE, GRADUATE, AND PROFESSIONAL PROGRAMS OF STUDY, MARKED BY SUPERIOR TEACHING AND SCHOLARSHIP WITHIN THE CATHOLIC INTELLECTUAL TRADITION. 24 20 834 100 0 0 2409467 3258320 50471102 49186008 1362366 1288490 381229 401270 54624164 54134088 20397004 21072105 0 0 15888009 16753410 0 0 534701 16376059 16161808 52661072 53987323 1963092 146765 59384028 61728256 21285771 21318421 38098257 40409835 TO DEVELOP AND SUSTAIN CHALLENGING UNDERGRADUATE, GRADUATE, AND PROFESSIONAL PROGRAMS OF STUDY, MARKED BY SUPERIOR TEACHING AND SCHOLARSHIP WITHIN THE CATHOLIC INTELLECTUAL TRADITION. 0 0 42779311 21072105 49186008 PROGRAM SERVICE DISBURSEMENTS ARE APPLIED TO THE FURTHERANCE OF THE COLLEGE'S EXEMPT PROGRAMS OF HIGHER EDUCATION 42779311 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 3283 0 834 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 20 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X ROBERT A MUNSON 8593443352 333 THOMAS MORE PARKWAY CRESTVIEW HILLS KY 410173428 MOST REV ROGER J FOYS CHANCELLOR 0.50 X X 0 0 0 DR JUDITH A MARLOWE CHAIRPERSON/ADJUNCT PROFESSOR 3.00 X X 2600 0 0 MARC J NELTNER PAST CHAIR 0.50 X 0 0 0 DR JOSEPH L CHILLO PRESIDENT 37.50 X X 178288 0 17086 JEROME R BAHLMANN TRUSTEE 0.50 X 0 0 0 GARY BLANK TRUSTEE 0.50 X 0 0 0 ERIN CARRUS STUDENT REP 0.50 X 0 0 0 MICHAEL DEMPSEY TRUSTEE 0.50 X 0 0 0 DR DANIEL ESTERLINE TRUSTEE/PROFESSOR 37.50 X 89712 0 21603 CATHERINE GUILFOYLE TRUSTEE 0.50 X 0 0 0 DALE HENSON TRUSTEE 0.50 X 0 0 0 DR LAURA A KOEHL TRUSTEE 0.50 X 0 0 0 MELISSA A LUEKE TRUSTEE 0.50 X 0 0 0 JEFFREY C MANDO TRUSTEE 0.50 X 0 0 0 BRENT J MESSMER TRUSTEE 0.50 X 0 0 0 SR MARY ETHEL PARROTT SND TRUSTEE 0.50 X 0 0 0 PAUL RITTER TRUSTEE 0.50 X 0 0 0 JOAN M ROBINSON TRUSTEE 0.50 X 0 0 0 ANDREW SCHAEFFER TRUSTEE 0.50 X 0 0 0 KEVIN SCHUTTE TRUSTEE 0.50 X 0 0 0 DANIEL E TOBERGTE TRUSTEE 0.50 X 0 0 0 MSGR GERALD TWADDELL TRUSTEE/PROFESSOR 37.50 X 29602 0 283 DR ANTHONY R ZEMBRODT TRUSTEE 0.50 X 0 0 0 WILBERT L ZIEGLER TRUSTEE 0.50 X 0 0 0 ROBERT A MUNSON CFO 37.50 X 119579 0 17759 CHARLENE K BARLOW SECRETARY 37.50 X 49327 0 8947 KATHLEEN S JAGGER DEAN, COLLEGE OF ARTS & SCIENCES 37.50 X 135214 0 17489 CHRISTOPHER R POWERS VP ENROLLMENT MANAGEMENT 37.50 X 103072 0 32697 MARIA C GARRIGA ACTING PROVOST 37.50 X 119599 0 17577 CARISSA SCHUTZMAN AVP ADULT & GRADUATE EDUCATION 37.50 X 104465 0 5979 931458 0 139420 6 0 1 0 A BOOK COMPANY LLC 2377 PALUMBO DR LEXINGTON KY 40509 BOOK RENTAL 2817404 ARAMARK SERVICES 333 THOMAS MORE PKWY CRESTVIEW HILLS KY 41017 FOOD & MAINTENANCE SERVICES 2720904 HELIX EDUCATION PO BOX 894 SALT LAKE CITY UT 84110 ADULT EDUCATION PROGRAM MANAGE 1797305 JENZABAR PO BOX 55018 BOSTON MA 02205 IT SERVICE/SOFTWARE 748386 EAB GLOBAL INC 2445 M STREET NW WASHINGTON DC 20037 RECRUITING CONSULTANT 416819 8 19299 1801600 1437421 39334 3258320 STUDENT TUITION 611710 45308194 45308194 AUXILIARY 611710 3231805 3231805 OTHER 611710 646009 646009 49186008 525591 525591 398726 0 398726 398726 398726 15973969 303188 15514258 0 459711 303188 762899 762899 14850 19299 12306 2544 2544 54134088 49186008 0 1689760 X 21072105 21072105 16753410 12087917 4356203 309290 6341541 2697724 3509989 133828 207055 6676 200379 334533 100392 231641 2500 609945 475469 116998 17478 935956 749701 184863 1392 1337295 1143521 187377 6397 464751 268202 196549 MISCELLANEOUS 2041563 1002238 995391 43934 BOOK RENTAL PROGRAM 1768088 1768088 0 0 UTILITIES 726343 444265 282078 0 SUPPLIES 619299 494726 118126 6447 775439 468287 293717 13435 53987323 42779311 10673311 534701 1452385 3453217 1706983 1305089 2393694 2587768 1850138 1518823 1278081 1000448 62235321 35810236 27088053 26425085 23614694 25437826 59384028 61728256 2082084 1944264 2446441 3573119 15635375 14983799 1121871 817239 21285771 21318421 X 11308938 11930146 26789319 28479689 38098257 40409835 59384028 61728256 146765 1603087 726182 -164456 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 162697 X 0 26483288 358521 2422662 909577 28354894 26506069 252545 625590 900916 26483288 21363305 4004929 1978481 840646 26506069 19987307 482553 1644840 751395 21363305 20371394 833882 -432580 785389 19987307 0.02000 0.98000 0 0 4432894 4432894 45264580 25030860 20233720 11655045 9932680 1722365 882802 846696 36106 26425085 OTHER LIABILITIES 817239 817239 X 35239103 1603087 726184 12306 2341577 32897526 164456 21072106 21236562 54134088 32927525 12306 12306 32915219 21072105 21072105 53987324 PART III, LINE 4: ART WAS DISPLAYED THROUGHOUT THE UNIVERSITY AND IN FURTHERANCE OF EXEMPT PURPOSE. PART X, LINE 2: THE UNIVERSITY HAS ADOPTED THE PROVISIONS OF THE ACCOUNTING PRONOUNCEMENT RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE UNIVERSITY RECOGNIZED NO INTEREST OR PENALTIES IN THE STATEMENTS OF ACTIVITIES FOR BOTH THE YEARS ENDED MAY 31, 2020 AND 2019. IF THE SITUATION AROSE IN WHICH THE UNIVERSITY WOULD HAVE INTEREST TO RECOGNIZE, IT WOULD RECOGNIZE THIS AS INTEREST EXPENSE AND PENALTIES WOULD BE RECOGNIZED IN OTHER EXPENSES. CURRENTLY, THE PRIOR THREE YEARS ARE OPEN UNDER FEDERAL AND STATE STATUTES OF LIMITATIONS AND REMAIN SUBJECT TO REVIEW AND CHANGE. THE UNIVERSITY IS NOT CURRENTLY UNDER AUDIT NOR HAS IT BEEN CONTACTED BY THESE JURISDICTIONS. BASED ON THE EVALUATION OF THE UNIVERSITY'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR BOTH THE YEARS ENDED MAY 31, 2020 AND 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES 12,306. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 21,072,105. ROUNDING VARIANCE 1. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES 12,306. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 21,072,105. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 1 1 SCHEDULE E, PART I, LINE 3 WEBSITE AND NEWSPAPER ADVERTISEMENTS SCHEDULE E, PART I, LINE 6 THE AID IN SUPPORT OF THE BACCALAUREATE NURSING PROGRAM WAS SUSPENDED FOR ONE YEAR ON JULY 1, 1998 AND REINSTATED ON JUNE 30, 1999 BY THE DEPARTMENT OF HUMAN HEALTH AND SERVICES. THOMAS MORE UNIVERSITY RECEIVES GRANTS FROM THE U.S. DEPARTMENT OF EDUCATION FEDERAL STUDENT AID AWARDS. GOLF OUTING 34149 19299 14850 7045 3116 2145 34149 19299 14850 7045 3116 2145 12306 2544 1 STUDENT AID AND SCHOLARSHIPS 1489 21072105 PART I, LINE 2: ALL STUDENT AID AND SCHOLARSHIPS ARE USED FOR TUITION AND RELATED EXPENSES AT THE UNIVERSITY. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 DR JOSEPH L CHILLO PRESIDENT 145833 0 0 0 32455 0 4165 0 12920 0 195373 0 0 0 PART I, LINE 1A THE PRESIDENT RECEIVES A HOUSING ALLOWANCE THAT IS INCLUDED ON THE PRESIDENT'S W-2 FORM AND REPORTED AS OTHER REPORTABLE COMPENSATION ON SCHEDULE J PART II. STUDENT REPRESENTATIVE TRUSTEE 30125 MERIT BASED SCHOLARSHIPS X 10 32992 FAIR MARKET VALUE X SUPPLIES 14 3642 FAIR MARKET VALUE X EQUIPMENT 2 2700 FAIR MARKET VALUE 0 0 1 1 PART I, COLUMN (B): REPORTED NUMBER IS NUMBER OF CONTRIBUTIONS. PART I, LINE 32B: ALL DONATED SECURITIES ARE TRANSFERRED DIRECTLY TO THE BANK, WHO THEN SELLS THE SECURITIES FOR THE UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7A PERSONS NOMINATED FOR ELECTION TO THE BOARD ARE SELECTED BY THE COMMITTEE ON TRUSTEES, APPROVED BY THE BISHOP AND ELECTED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B PERSONS NOMINATED FOR ELECTION TO THE BOARD ARE SELECTED BY THE COMMITTEE ON TRUSTEES, APPROVED BY THE BISHOP AND ELECTED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS SUBMITTED TO THE FINANCE COMMITTEE FOR REVIEW, THEN IT IS FORWARDED TO THE BOARD FOR THEM TO REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THOMAS MORE UNIVERSITY RECEIVES ANNUALLY AN UPDATED CONFLICT OF INTEREST FORM FROM THE ENTIRE BOARD. THE ORGANIZATION REGULARLY REVIEWS THE CONFLICT OF INTEREST FORMS PRIOR TO A BOARD VOTE AND IF A BOARD MEMEBER IS FOUND TO HAVE A CONFLICT OF INTEREST THEY ARE NOT PERMITTED TO VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE VICE PRESIDENTS EACH PREPARE AN ASSESSMENT OF THEIR PERFORMANCE BASED ON GOALS SET THE PRIOR YEAR. THIS ASSESSMENT IS PROVIDED TO THE PRESIDENT. THE PRESIDENT PREPARES HIS ASSESSMENT. THESE ASSESSMENTS ARE DISCUSSED WITH THE BOARD COMMITTEE CHAIRS WITH WHOM EACH VICE PRESIDENT INTERACTS AS WELL AS THE BOARD CHAIR. COMPENSATION IS THEN DETERMINED. THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE CHAIRPERSON OF THE BOARD IN CONSULTATION WITH THE EXECUTIVE COMMITTEE AFTER A SIMILAR PROCESS. THE FINAL COMPENSATION IS RATIFIED BY THE EXECUTIVE COMMITTEE OF THE BOARD. THE UNIVERSITY ROUTINELY MONITORS HOW THOMAS MORE UNIVERSITY SALARIES COMPARE TO PEER INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G HELIX SERVICE FEE: PROGRAM SERVICE EXPENSES 1,024,884. MANAGEMENT AND GENERAL EXPENSES 733,064. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,757,948. SERVICES: PROGRAM SERVICE EXPENSES 1,672,840. MANAGEMENT AND GENERAL EXPENSES 2,776,925. FUNDRAISING EXPENSES 133,828. TOTAL EXPENSES 4,583,593. FORM 990, PART XII, LINE 2C: THE UNIVERSITY'S FINANCE COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF IT'S FINANCIAL STATEMENTS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.