2020-03-16T13:29:49-05:00 2019-06-30 953001179 WINDES INC PO BOX 87 LONG BEACH CA 908010087 990 2018-07-01 952113260 MARYMOUNT CALIFORNIA UNIVERSITY MARY 3103775501 30800 PALOS VERDES DRIVE EAST RANCHO PALOS VERDES CA 90275 DEBORA YAVAS ACTING CFO, MGR ACCTNG/BUDGETS 3103775501 2020-03-11 1 DONITA M JOSEPH P00286656 5624351191 2020-03-11 66.215.11.242 2020-03-11 12:11:34 PD P 5D04C9354A80B93E424F24406112F0168D52D17D 4221CC0D64457BC912EA47DC991E0F7C2D0FD11F 2018 2020-11-19 02:30:22Z BRIAN MARCOTTE 30800 PALOS VERDES DRIVE EAST RANCHO PALOS VERDES CA 90275 31925451 0 X WWW.MARYMOUNTCALIFORNIA.EDU X 1968 CA MARYMOUNT WELCOMES STUDENTS OF ALL FAITHS AND BACKGROUNDS INTO A QUALITY, VALUES-BASED EDUCATION. 11 10 355 22 0 0 313648 379867 37606529 30611487 15374 568196 148371 166224 38083922 31725774 11687039 9303895 0 0 12375576 11007881 0 0 353008 12579369 12534122 36641984 32845898 1441938 -1120124 45502174 42894249 7894625 6422171 37607549 36472078 X MARYMOUNT CALIFORNIA UNIVERSITY IS A CATHOLIC INSTITUTION THAT WELCOMES STUDENTS OF ALL FAITHS AND BACKGROUNDS INTO A QUALITY, VALUES-BASED EDUCATION. WE FOSTER A STUDENT-CENTERED APPROACH TO LEARNING THAT PROMOTES THE DEVELOPMENT OF THE WHOLE PERSON. INSPIRED BY THE RELIGIOUS OF THE SACRED HEART OF MARY, WE CHALLENGE OUR STUDENTS TO PURSUE LIVES OF LEADERSHIP AND SERVICE. MARYMOUNT CALIFORNIA UNIVERSITY EMPOWERS ITS STUDENTS THROUGH AN EDUCATIONAL PROGRAM THAT DEVELOPS PRINCIPLED THINKERS IN THE CATHOLIC LIBERAL ARTS TRADITION. WE PROMOTE AN OPEN AND WELCOMING CAMPUS THAT BUILDS SKILLS FOR LIFELONG LEARNING. WE ASSIST STUDENTS TO REACH THEIR GOALS IN HIGHER EDUCATION. WE STRIVE TO GRADUATE STUDENTS WHO EMBODY THE VIRTUES OF INTEGRITY, RESPECT FOR HUMAN DIGNITY AND COMMITMENT TO JUSTICE. 0 0 15498562 9303894 462618 STUDENT SERVICES - THE OFFICE OF FINANCIAL AID AWARDED TO APPROXIMATELY 628 STUDENTS SCHOLARSHIP AND FINANCIAL ASSISTANCE IN FISCAL YEAR 2018-2019. 7130322 26539674 INSTRUCTION - THE COLLEGE SERVED APPROXIMATELY 793 FULL TIME EQUIVALENT COLLEGE STUDENTS IN FISCAL YEAR 2018-2019. 3658218 3609195 AUXILIARY ENTERPRISES (E.G. STUDENT HOUSING, FOOD SERVICE AND TRANSPORTATION). 26287102 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 87 0 1 355 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X DEBORA YAVAS 3103775501 30800 PALOS VERDES DRIVE EAST RANCHO PALOS VERDES CA 90275 BRIAN MARCOTTE PRESIDENT 55.00 X X 203366 0 0 CONNIE LAI TRUSTEE (UNTIL 6/30/19) 1.00 X 0 0 0 BURT ARNOLD GOVERNANCE CHAIR 1.00 X 0 0 0 SR ANTOINE-MARIE BAURIER SECRETARY 1.00 X 0 0 0 DR KEVIN BAXTER TRUSTEE 1.00 X 0 0 0 RANDY BOWERS FINANCE CHAIR 2.00 X 0 0 0 RICK EDLER VICE CHAIR 1.00 X 0 0 0 LEE LIGONS TRUSTEE 1.00 X 0 0 0 THOMAS RICCI AUDIT CHAIR 1.00 X 0 0 0 CAROLINE SAYERS ADMISSIONS, RETENTION, STUDENT DEVELOPMENT CHAIR 1.00 X 0 0 0 SUE SOLDOFF DEVELOPMENT CHAIR 1.00 X 0 0 0 CHRISTOPHER WARMUTH TRUSTEE 1.00 X 0 0 0 KATHLEEN RUIZ EXEC. VP OF FINANCE (UNTIL 10/4/18) 40.00 X 205337 0 25764 ARIANNE SCHAUER PROVOST & EXECUTIVE VICE PRESIDENT 40.00 X 200000 0 24820 RYAN ALCANTARA VP OF STUDENT AFFAIRS & DEAN OF STUDENTS 40.00 X 141700 0 8502 KAREN THORDARSON DIRECTOR OF HUMAN RESOURCES 40.00 X 108500 0 34743 MICHAEL SEMENOFF DIRECTOR OF INSTITUTIONAL RESEARCH 40.00 X 103935 0 20683 DEBORA YAVAS ACCOUNTING BUDGET MGR/INTERIM CFO 40.00 X 103745 0 24500 KIMBERLY BLUE WADE ASST. DEAN OF ARTS & MEDIA 40.00 X 116461 0 8273 LUCAS LAMADRID PRESIDENT (UNTIL 2/4/18) 40.00 X 201547 0 6626 1384591 0 153911 15 1 1 0 KINGS COLLEGES USA LLC 448 S HILL ST STE 1115-1118 LOS ANGELES CA 90013 COMMISSION 1125488 TOPAZ BUILDING 555 S FLOWER ST STE 2000 LOS ANGELES CA 90021 BUILDING RENTAL 542141 RUFFALO NOEL LEVITZ 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 CONSULTING 188950 3 48601 331266 25000 379867 TUITION & FEES 999999 26539674 26539674 AUXILIARY ENTERPRISES 999999 3609195 3609195 STUDENT SERVICES 900099 462618 462618 30611487 721604 721604 4734 158142 -153408 -153408 -153408 40850 48601 41535 -685 -685 MISCELLANEOUS 900099 95177 95177 RECOVERY OF INDIRECT COSTS 900099 43732 43732 INSURANCE PROCEEDS 900099 28000 28000 166909 31725774 30611487 0 734420 9303895 9303895 552550 487128 65422 8123960 6330348 1644596 149016 362085 238177 117574 6334 1352047 841293 489064 21690 617239 486732 119831 10676 109421 109421 64000 64000 47725 47725 1232256 345877 782787 103592 183450 144378 27910 11162 286502 201676 78692 6134 782341 340905 416059 25377 2481422 1661839 819583 204090 201806 2284 2262370 1985924 276446 316912 72389 244523 UNIVERSITY SERVICES 3024835 2905660 105333 13842 BAD DEBT EXPENSE 393446 393446 DUES AND SUBSCRIPTIONS 250827 190789 60038 EQUIPMENT RENTAL 229222 148514 78293 2415 665303 399772 262761 2770 32845898 26287102 6205788 353008 247556 5491 6889519 2872966 168796 110000 342106 244114 173017 96714 47029322 20398434 25325501 26630888 12355679 12934076 45502174 42894249 889059 627392 1188730 577672 4565625 4148765 1251211 1068342 7894625 6422171 X 27495173 27452015 7554972 6394049 2557404 2626014 37607549 36472078 45502174 42894249 -1120124 -15347 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 12360679 120283 575508 117395 12939075 10714170 1060813 625209 39513 12360679 9611699 25515 1077056 100 10714170 9754899 160300 -303500 9611699 9854137 62558 -161796 9754899 0.73000 0.20000 0.07000 0 0 7436400 7436400 9885521 3984060 5901461 21034916 11483631 9551285 4869998 3897172 972826 3802487 1033571 2768916 26630888 ACCRUED EMPLOYEES SALARIES & BENEFITS 905155 CAPITAL LEASE OBLIGATIONS 163187 1068342 X 22400342 -15347 -15347 22415689 47725 9262360 9310085 31725774 23535813 41535 41535 23494278 47725 9303895 9351620 32845898 PART V, LINE 4: THE INTENDED USES OF MARYMOUNT CALIFORNIA UNIVERSITY'S ENDOWMENT FUNDS INCLUDE A VARIETY OF PURPOSES INCLUDING FUNDING OF SCHOLARSHIPS, ACADEMIC SUPPORT, CAPITAL AND OTHER SPECIAL PROJECTS. PART X, LINE 2: THE UNIVERSITY ADOPTED FASB ASC TOPIC NO. 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (ASC 740). IN ACCORDANCE WITH ASC 740, THE UNIVERSITY RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. TO DATE, THE UNIVERSITY HAS NOT RECORDED ANY UNCERTAIN TAX POSITIONS. THE UNIVERSITY RECOGNIZES THE POTENTIAL ACCRUED INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN INCOME TAX EXPENSE. THE UNIVERSITY IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL PURPOSES IS THREE YEARS AND FOR CALIFORNIA IS FOUR YEARS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID ASSISTANCE RECOGNIZED AS GRANTS TO INDIVIDUALS 9,303,895. FUNDRAISING EVENT EXPENSES -41,535. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 41,535. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID ASSISTANCE RECOGNIZED AS GRANTS TO INDIVIDUALS 9,303,895. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A NOTICE OF THE UNIVERSITY'S NONDISCRIMINATORY POLICY IS PUBLISHED AND ADVERTISED TO THE PUBLIC VIA BOTH THE UNIVERSITY'S WEBSITE AND BROCHURES IN ACCORDANCE WITH REVENUE PROCEDURE 75-50. SCHEDULE E, PART I, LINE 6 THE COLLEGE ADMINISTERS FEDERAL GOVERNMENT FINANCIAL AID TO ITS STUDENTS. THE COLLEGE IS ALSO THE FISCAL AGENT OF PROJECT GRAD LOS ANGELES THE RECIPIENT OF GEARUP FUNDS FROM THE U.S. DEPARTMENT OF EDUCATION. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICE STUDY ABROAD 27634 0 0 0 0 0 0 27634 0 27634 0 0 0 0 0 0 GALA 89451 48601 40850 1925 527 3750 35333 89451 48601 40850 1925 527 3750 35333 41535 -685 1 STUDENT FINANCIAL AID 628 9303894 PART I, LINE 2: PELL GRANT ORIGINATION, CERTIFICATION, AND RECONCILIATION IS THE RESPONSIBILITY OF THE DIRECTOR & ASSOCIATE DIRECTORS. CAMS/CNS PRODUCES PELL GRANT ORIGINATION AND DISBURSEMENT RECORDS, WHICH ARE SENT VIA EDCONNECT THROUGH THE COMMON ORIGINATION AND DISBURSEMENT (COD) PROCESS. STATEMENT OF ACCOUNTS FILES ARE RECONCILED MONTHLY BETWEEN CAMS AND STUDENT ACCOUNTS, COD AND FINANCIAL AID, AND BETWEEN FINANCIAL AID AND STUDENT ACCOUNTS. THE DIRECTOR & ASSOCIATE DIRECTORS ARE RESPONSIBLE FOR THE ADMINISTRATION OF THE CAL GRANT PROGRAM. THE WEBGRANTS ROSTER FROM THE CALIFORNIA STUDENT AID COMMISSION IS USED TO DETERMINE A STUDENT'S ELIGIBILITY FOR A CAL GRANT AWARD. RECONCILIATION IS COMPLETED EVERY TERM AFTER PAYMENT TRANSACTIONS ARE REPORTED THROUGH WEBGRANTS ON A STUDENT-BY-STUDENT BASIS. THE DIRECTOR & ASSOCIATE DIRECTORS ARE RESPONSIBLE FOR THE ADMINISTRATION OF THE INSTITUTIONAL GRANTS & SCHOLARSHIPS. INSTITUTIONAL GRANTS & SCHOLARSHIPS ARE AWARDED TO STUDENTS THAT MEET THE SPECIFIC AWARD'S CRITERIA. THE INSTITUTIONAL GRANTS & SCHOLARSHIPS ARE POSTED IN CAMS/CNS AND TRANSFERRED OVER TO STUDENT ACCOUNTS ONCE PAYMENT HAS BEEN MADE. X 1 0 X X 1 0 0 0 0 0 0 0 0 BRIAN MARCOTTE PRESIDENT 203366 0 0 0 0 0 0 0 0 0 203366 0 0 0 KATHLEEN RUIZ EXEC. VP OF FINANCE (UNTIL 10/4/18) 200337 0 0 0 5000 0 20833 0 4931 0 231101 0 0 0 ARIANNE SCHAUER PROVOST & EXECUTIVE VICE PRESIDENT 200000 0 0 0 0 0 10320 0 14500 0 224820 0 0 0 RYAN ALCANTARA VP OF STUDENT AFFAIRS & DEAN OF STUD 137200 0 0 0 4500 0 8502 0 0 0 150202 0 0 0 LUCAS LAMADRID PRESIDENT (UNTIL 2/4/18) 57297 0 0 0 144250 0 1898 0 4728 0 208173 0 0 0 PART I, LINE 1A PRESIDENT RECEIVED A HOUSING ALLOWANCE OF $6,000 THAT WAS PAID THROUGH PAYROLL. PART I, LINE 4A LUCAS LAMADRID RECEIVED A SEVERANCE PAYMENT OF $137,500. (THIS WAS REPORTED ON 2017 FORM 990, BUT THE PAYMENT WAS MADE IN CALENDAR YEAR 2018) FORM 990, PART VI, SECTION B, LINE 11B THE INFORMATIONAL RETURN WAS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED AND APPROVED BY MANAGEMENT. ONCE APPROVED BY THE MANAGEMENT, THE RETURN WAS PROVIDED TO THE REST OF THE BOARD PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD OF TRUSTEE MEMBERS ARE REQUIRED TO SIGN A STATEMENT ACKNOWLEDGING THEY UNDERSTAND OUR CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO DISCLOSE ANY SUCH CONFLICTS. VENDOR SELECTIONS MUST BE SUPPORTED BY 3 SEPARATE QUOTES, AND MULTIPLE APPROVAL SIGNATURES ARE REQUIRED ON CONTRACTS AND EXPENDITURES IN ORDER TO ENSURE OBJECTIVE DECISIONS ARE MADE WITH CHECKS AND BALANCES. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S BOARD OF TRUSTEES PERIODICALLY REVIEWS THE PRESIDENT'S COMPENSATION PACKAGE IN ITS CONSIDERATION. THE BOARD REVIEWS DATA PROVIDED BY SUCH ORGANIZATION AS ASSOCIATION OF INDEPENDENT CALIFORNIA COLLEGES AND UNIVERSITIES AS WELL AS OTHER DATA SOURCE. FORM 990, PART VI, SECTION C, LINE 18 THE UNIVERSITY'S FORM 990 IS AVAILABLE TO THE PUBLIC EITHER THROUGH WWW.GUIDESTAR.ORG OR UPON WRITTEN REQUEST. THE UNIVERSITY WAS FORMED IN 1968 AND, HENCE, IS NOT REQUIRED TO MAKE THE FORM 1023 AVAILABLE FOR PUBLIC INSPECTION. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. THE INFORMATIONAL RETURNS ARE ALSO MADE AVAILABLE TO THE PUBLIC THROUGH WWW.GUIDESTAR.ORG, A PUBLIC WEBSITE.