2021-05-14T11:01:05-05:00 2020-06-30 BKD LLP 200 E Main St Suite 700 Fort Wayne IN 46802 990 2019-07-01 341226547 LOURDES UNIVERSITY % RANDY ROTHENBUHLER LOUR 4195178894 6832 CONVENT BLVD SYLVANIA OH 43560 RANDY ROTHENBUHLER VP OF FINANCE, CFO 2021-05-17 true Lauren R Denton P01571860 2604604000 2019 2022-09-23 18:48:47Z MARY ANN GAWELEK 6832 CONVENT BLVD SYLVANIA OH 43560 46566618 false X WWW.LOURDES.EDU X 1958 OH LOURDES UNIVERSITY, ROOTED IN CATHOLIC AND FRANCISCAN TRADITIONS, PROVIDES A VALUES-CENTERED EDUCATION THAT ENRICHES LIVES AND ADVANCES ACADEMIC EXCELLENCE. 31 30 573 400 83896 -55584 7426923 7573889 28541428 29723593 617025 1293722 -118951 -194443 36466425 38396761 8611083 9636380 0 0 13564484 13562142 0 0 620849 14695897 15662297 36871464 38860819 -405039 -464058 58227938 52843278 27436709 22567495 30791229 30275783 LOURDES UNIVERSITY, ROOTED IN CATHOLIC AND FRANCISCAN TRADITIONS, PROVIDES A VALUES-CENTERED EDUCATION THAT ENRICHES LIVES AND ADVANCES ACADEMIC EXCELLENCE THROUGH THE INTEGRATION OF THE LIBERAL ARTS AND PROFESSIONAL STUDIES. false false 13765817 9636380 29652399 HIGHER EDUCATION: 1,115 UNDERGRADUATE STUDENTS ENROLLED: BACHELORS DEGREES ARE OFFERED IN MAJORS INCLUDING ARE, HISTORY, ENGLISH, MUSIC, PHILOSOPHY, BIOLOGY, THEOLOGICAL STUDIES, BUSINESS, NURSING, SOCIOLOGY, SOCIAL WORK, AND LIBRARY STUDIES. 432 GRADUATE STUDENTS ENROLLED: MASTERS DEGREES ARE OFFERED IN NURSING, NURSE ANESTHESIA, BUSINESS, THEOLOGICAL STUDIES, AND ORGANIZATIONAL LEADERSHIP. 17419597 HIGHER EDUCATION: STUDENT SERVICES ARE OFFERED IN THE AREAS OF ADMISSIONS, FINANCIAL AID COUNSELING, CAMPUS MINISTRY, LEARNING RESOURCES, CAREER SERVICES, ATHLETICS FINANCIAL ASSISTANCE, DISABILITY SERVICES, PERSONAL COUNSELING, AND RESIDENTIAL LIFE 92530 71194 HIGHER EDUCATION: THE FRANCISCAN CENTER IS A CONFERENCE CENTER WHICH EXTENDS THE SOCIAL AND EDUCATION MINISTRIES OF THE SISTERS OF SAINT FRANCIS BY PRESENTING CULTURAL AND PERFORMING ARTS, EDUCATION PROGRAMMING, AND EXTENDING ADMINISTRATIVE AND TECHNICAL HOSPITALITY SERVICES. 31277944 true true false false false false false false false true true false false false true false false true true false false false false false true false false false true true true false false false false false false false false false false true false false false true true false false false true 123 0 573 true true true false false false false true true false false false false false false X 31 30 false false false false true true true true true false false true true true true true true true false false X RANDY ROTHENBUHLER 4198243730 6832 CONVENT BLVE SYLVANIA OH 43560 MARY ANN GAWELEK PRESIDENT 40.0 0.0 X X 270308 0 46712 JEFFREY WILLIAMS VP FINANCE & ADMINISTRATION 40.0 0.0 X 136213 0 18827 VICKI STOUFFER VP INSTITUTIONAL ADVANCEMENT 40.0 0.0 X 137823 0 16127 TERRY KELLER DEAN OF COLLEGE SOCIAL WORK 40.0 0.0 X 117233 0 16043 HEIDI SHANK DNP DIRECTOR 40.0 0.0 X 110748 0 4603 GREGORY KNESER VP STUDENT SERVICES 40.0 0.0 X 100774 0 4396 SR ANNE C BARONE-LEFT 0220 VP OF MISSION AND MISISTRY 40.0 0.0 X 90405 0 13176 MICHELLE RABLE VICE PRESIDENT ENROLLMENT 40.0 0.0 X 57291 0 22368 SR BARBARA VANO VP OF MISSION AND MISISTRY 40.0 0.0 X 48749 0 12556 JAMES A HAUDAN CHAIR 2.0 0.0 X 0 0 0 MICHAEL S KORALEWSKI BOARD MEMBER 2.0 0.0 X 0 0 0 THOMAS J WINSTON TREASURER 2.0 0.0 X 0 0 0 DANIEL P IBELE SECRETARY 2.0 0.0 X 0 0 0 CARRIE A ALEXANDER BOARD MEMBER 2.0 0.0 X 0 0 0 BIBIANA BOERIO BOARD MEMBER 2.0 0.0 X 0 0 0 THOMAS E BRADY BOARD MEMBER 2.0 0.0 X 0 0 0 GEORGE BRYMER BOARD MEMBER 2.0 0.0 X 0 0 0 WILLIAM J CARROLL BOARD MEMBER 2.0 0.0 X 0 0 0 PARISS M COLEMAN II BOARD MEMBER 2.0 0.0 X 0 0 0 CYNTHIA M DANA BOARD MEMBER 2.0 0.0 X 0 0 0 THOMAS P DILLON BOARD MEMBER 2.0 0.0 X 0 0 0 SR CAROLYN L GIERA OSF BOARD MEMBER 2.0 0.0 X 0 0 0 SANDRA M HYLANT PAST CHAIR 2.0 0.0 X 0 0 0 JAY R JINDAL BOARD MEMBER 2.0 0.0 X 0 0 0 MAUREEN M KENNEY BOARD MEMBER 2.0 0.0 X 0 0 0 BRUCE D KLINGER BOARD MEMBER 2.0 0.0 X 0 0 0 ELAINE LAVALLEY LEWANDOWSKI BOARD MEMBER 2.0 0.0 X 0 0 0 RITA N A MANSOUR BOARD MEMBER 2.0 0.0 X 0 0 0 PATRICIA L MCCUTCHAN-VERNIER BOARD MEMBER 2.0 0.0 X 0 0 0 SR RACHAEL M NIJAKOWSKI OSF BOARD MEMBER 2.0 0.0 X 0 0 0 SR LAUREN M PAINTER OSF BOARD MEMBER 2.0 0.0 X 0 0 0 CHRYS PETERSON BOARD MEMBER 2.0 0.0 X 0 0 0 BRADLEY J RIEGER BOARD MEMBER 2.0 0.0 X 0 0 0 SEAN SAVAGE BOARD MEMBER 2.0 0.0 X 0 0 0 HUSSIEN Y SHOUSHER BOARD MEMBER 2.0 0.0 X 0 0 0 BARBARA S STEELE BOARD MEMBER 2.0 0.0 X 0 0 0 KAREN L STRAUSS BOARD MEMBER 2.0 0.0 X 0 0 0 HARVEY A TOLSON BOARD MEMBER 2.0 0.0 X 0 0 0 1069544 0 154808 6 false true false DYNAMIC CAMPUS SOLUTIONS 2806 FLINTROCK TRACE SUITE A205 AUSTIN TX 78738 TECHNOLOGY SERVICES 1803780 AVI FOODSYSTEMS INC 2590 ELM ROAD NE WARREN OH 44483 FOOD SERVICE PROVIDE 988014 BUCKEYE BROADBAND 4111 TALMADGE RD TOLEDO OH 43623 INTERNET 139394 ROMANOFF ELECTRIC CORP 1288 RESEARCH ROAD GAHANNA OH 43230 CONTRACTOR 124539 ELLUCIAN COMPANY LP 62578 COLLECTIONS DR CHICAGO IL 60693 ERP SYSTEM 191567 5 65553 3910428 2337869 1260039 54745 7573889 Tuition and Fees 611310 25063160 25063160 ROOM AND BOARD 611310 4351057 4351057 OTHER FEES 611710 177925 177925 CONFERENCES AND HOSPITALITY 532000 71194 34455 36739 CATERING AND BEVERAGE 611310 60257 13100 47157 29723593 515477 515477 0 0 186560 369760 -183200 0 -183200 -183200 63199 8500000 17085 7767869 46114 732131 778245 778245 3900 65553 15143 -11243 -11243 0 0 0 0 0 0 0 38396761 29639697 83896 1099279 0 9636380 9636380 0 0 819642 680303 114750 24589 0 9083967 7539693 1271755 272519 255914 212409 35828 7677 2690526 2233136 376674 80716 712093 591037 99693 21363 0 70800 70800 56500 56500 0 0 34192 34192 1777369 1475216 248832 53321 470819 390779 65915 14125 1289944 1070654 180592 38698 235941 195831 33032 7078 0 5075238 2535149 2519867 20222 608057 513051 86671 8335 0 25293 20993 3541 759 870212 870212 0 2354418 2147979 179238 27201 437161 7166 429995 Grant Expense 41398 41398 Recruitment Expense 139746 139746 Dues and Memberships 195720 93115 98167 4438 Bad Debt Expense 652549 652549 1326940 1101360 185772 39808 38860819 31277944 6962026 620849 2238 1894 2915451 4071187 768819 1158707 2273818 2408416 0 0 0 0 697132 716414 0 0 1367393 1265172 49861881 21825863 35510787 28036018 14605278 15092934 0 0 0 0 0 0 87022 92536 58227938 52843278 1475963 2786755 0 0 1332966 3844800 18196313 10798594 0 0 0 0 5727487 4629412 0 0 703980 507934 27436709 22567495 X 19630727 18456939 11160502 11818844 30791229 30275783 58227938 52843278 X -464058 15644 -67032 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8455356 163649 320133 246050 152667 9610 8530811 8100749 220928 483152 199503 142074 7896 8455356 7610488 330205 486328 185665 132804 7803 8100749 6836137 457146 654758 185318 145473 6762 7610488 6725181 360702 -145459 66889 15941 21457 6836137 0.03640 0.96360 false false 6190032 6190032 17354151 4963633 12390518 13287140 7094838 6192302 10654364 9360543 1293821 2376194 406849 1969345 28036018 0 ANNUITIES PAYABLE 22188 ADVANCES FROM GOVERNTMENT FOR FEDERAL LOANS 485746 507934 29160928 15644 384903 400547 28760381 9636380 9636380 38396761 29609342 384903 384903 29224439 9636380 9636380 38860819 SCHEDULE D, PART V, LINE 4 THE INTENDED USE OF THE UNIVERSITY'S ENDOWED FUNDS IS TO PROVIDE EQUITABLE SCHOLARSHIPS AND GRANT OPPORTUNITIES FOR STUDENTS OVERTIME AS WELL AS PROVIDE SOME FINANCIAL SUPPORT TO THE UNIVERSITY. ALL DONOR FUNDS ARE MANAGED ACCORDING TO DONOR RESTRICTIONS. SCHEDULE D, PART XI, LINE 2D SPECIAL EVENT EXPENSE $ 15,143 RENTAL EXPENSE $ 369,760 TOTAL $ 384,903 SCHEDULE D, PART XI, LINE 4B STUDENT AID $ 9,636,380 SCHEDULE D, PART XII, LINE 2D SPECIAL EVENT EXPENSE $ 15,143 RENTAL EXPENSE $ 369,760 TOTAL $ 384,903 SCHEDULE D, PART XII, LINE 4B STUDENT AID $ 9,636,380 SCHEDULE D, ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 CURRENTLY LOURDES DOES NOT EXPLICITLY STATE THE NON-DISCRIMINATION POLICY THROUGH NEWSPAPER OR BROADCAST MEDIA HOWEVER THE UNIVERSITY DOES DRAW ITS STUDENTS FROM LOCAL COMMUNITY AND DOES FOLLOW A NON-DISCRIMINATION POLICY. THE POLICY IS EASILY ACCESSIBLE ON THE LOURDES WEBSITE INCLUDING CONTACT INFORMATION. SCHEDULE E, PART I, LINE 6A FEDERAL FINANCIAL AID IS RECEIVED FOR STUDENT GRANT/LOAN PURPOSES. WAIT NIGHT 39328 35428 3900 5 9690 1844 HIT THE LINKS 30125 30125 2000 1604 0 69453 65553 3900 2005 9690 3448 15143 -11243 true DONOR FUNDED SCHOLARSHIPS 297 472091 INSTITUTIONAL SCHOLARSHIPS 2600 9843053 SCHEDULE I, PART I, LINE 2 THE FINANCIAL AID OFFICE MONITORS THE AWARDS OF ALL FEDERAL STUDENT AID AND GRANTS. X X true true X X X X X false false false false false false false false false MARY ANN GAWELEK PRESIDENT 263450 0 0 0 6858 0 10008 0 36704 0 317020 0 JEFFREY WILLIAMS VP FINANCE & ADMINISTRATION 135026 0 0 0 1187 0 6081 0 12746 0 155040 0 VICKI STOUFFER VP INSTITUTIONAL ADVANCEMENT 136001 0 0 0 1822 0 4401 0 11726 0 153950 0 SCHEDULE J, PART I, LINE 1A A HOUSE IS PROVIDE FOR USE BE THE PRESIDENT DURING THEIR EMPLOYMENT WITH THE UNIVERSITY. THE HOUSE IS CONSIDERED CONTIGUOUS TO CAMPUS. THE PRESIDENT IS REQUIRED TO LIVE THERE FOR THE CONVENIENCE OF LOURDES UNIVERSITY AND THE PRESIDENT CONDUCTS BUSINESS ACTIVITIES FROM HOME. THE HOUSE IS NON-TAXABLE. ADDITIONALLY, THE UNIVERSITY PAYS FOR MEMBERSHIP AT AN AREA COUNTRY CLUB FOR PRESIDENT DURING EMPLOYMENT. COST OF THE MEMBERSHIP IS TREATED AS TAXABLE COMPENSATION. A TOLEDO-LUCAS COUNTY PORT AUTHORITY 346406986 2020-08-01 10480000 BUILDING AND STRUCTURES false false false A 0 0 10480000 0 0 8570849 206551 0 0 10327557 0 0 true false true true A false false false false 0 true false false true A false true false false true false 0 false 0 false true A false X 2 54745 FAIR MARKET VALUE false true false SCHEDULE M, PART I, LINE 9B THERE WERE TWO CONTRIBUTORS THAT CONTRIBUTED SECURITIES. FORM 990, PART VI, SECTION A, LINE 1B MARY ANN GAWELEK IS A COMPENSATED EMPLOYEE OF LOURDES UNIVERSITY AND IS THEREFORE CONSIDERED A NON-INDEPENDENT BOARD MEMBER. FORM 990, PART VI, SECTION A, LINE 6 LOURDES UNIVERSITY IS A SPONSORED MINISTRY OF THE SISTERS OF SAINT FRANCIS. THE SISTERS APPROVE ALL UNIVERSITY BOARD MEMBERS AND CERTAIN LARGE TRANSACTIONS MAKING THEM A MEMBER. FORM 990, PART VI, SECTION A, LINE 7A BOARD MEMBERS RECOMMENDED BY THE ADMINISTRATION OF THE UNIVERSITY AND APPROVED BY THE BOARD OF TRUSTEES AND THE SISTERS OF SAINT FRANCIS MUST APPROVE ANY PURCHASES, SALE OF ASSETS OR BORROWING OVER $500,000. THE SISTERS MUST ALSO APPROVE THE HIRING OF THE PRESIDENT OF THE UNIVERSITY WHEN APPLICABLE. FORM 990, PART VI, SECTION A, LINE 7B THE LEADERSHIP OF THE SISTERS OF SAINT FRANCIS MUST APPROVE ALL BOARD MEMBERS AS WELL AS PRESIDENTIAL HIRES. IN ADDITION PURCHASES, SALES OR BORROWING OF $500,000 OR GREATER REQUIRES THEIR APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND IS REVIEWED BY OUTSIDE AUDITORS. A COPY IS THEN PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICIES ARE REVIEWED WITH CURRENT BOARD MEMBERS. AS CONFLICTS ARISE, THE FULL BOARD IS MADE AWARE OF THE CONFLICT AND AFFECTED MEMBER WILL RECUSE THEMSELVES FROM RELEVANT DISCUSSIONS AND SUBSEQUENT VOTING. FORM 990, PART VI, SECTION B, LINE 15A INFORMAL REVIEW WAS CONDUCTED IN SEPTEMBER 2019 BY BOARD CHAIR, JAMES HAUDAN. THE COMPENSATION COMMITTEE ANNUALLY REVIEWS PRESIDENTS OVERALL COMPENSATION PACKAGES. THEY ENGAGE FINDLAY DAVIES INC. TO PROVIDE COMPARABLE DATA TO DETERMINE A COMPETITIVE PACKAGE. THE COMMITTEE MAINTAINS CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING FOR ALL DISCUSSIONS RELATED TO PRESIDENTS OVERALL COMPENSATION PACKAGE. FORM 990, PART VI, SECTION C, LINE 19 LOURDES MAKE AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART XI, LINE 9 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS ($67,032) LOURDES PROPERTIES 6832 CONVENT BLVD SYLVANIA OH 43560 341968998 PUBLIC APT RE OH 186714 9508692 LOURDES UNIV CENTER ENTERPRISES 6832 CONVENT BLVD SYLVANIA OH 43560 341809820 CATERING SERV OH 60257 102966 LOURDES UNIV LOURDES MAIN ST PROPERTIES 6832 CONVENT BLVD SYLVANIA OH 43560 341226547 HOLD PROPERTY OH -114 189207 LOURDES UNIV SISTERS OF ST FRANCIS SYLVANIA 6832 CONVENT BLVD SYLVANIA OH 43560 344450609 RELIGIOUS OH 501(C)(3) 1 NA false false false true false true false true false false false true false true true true true true false false