2020-07-09T17:35:54-07:00 2019-07-31 990 2018-08-01 720408946 LOYOLA UNIVERSITY NEW ORLEANS LOYO 5048653149 6363 St Charles Avenue New Orleans LA 70118 Carol Markowitz SVP/Chief Operating Officer 5048653960 2020-07-09 141.164.29.205 2018 2021-01-29 14:40:06Z Carol Markowitz 6363 St Charles Avenue Campus Box 11 New Orleans LA 70118 1487677403 0 0928 X www.loyno.edu X 1912 LA Loyola University New Orleans, a Jesuit and Catholic institution of higher education, welcomes students of diverse backgrounds and prepares them to lead meaningful lives with and for others; to pursue truth, wisdom, and virtue; and to work for a more just world. Inspired by Ignatius of Loyola's vision of finding God in all things, the university is grounded in the liberal arts and sciences, while also offering opportunities for professional studies in undergraduate and selected graduate programs. Through teaching, research, creative activities, and service, the faculty, in cooperation with the staff, strives to educate the whole student and to benefit the larger community. 33 32 2622 214 267043 23325 22263875 11657890 139513925 152120766 10039251 20129129 466106 871038 172283157 184778823 66401915 73641817 0 0 62156199 57047914 66562 51500 2291504 43438233 40007511 172062909 170748742 220248 14030081 527596180 515765291 213840950 208981765 313755230 306783526 Loyola University New Orleans, a Jesuit and Catholic institution of higher education, welcomes students of diverse backgrounds and prepares them to lead meaningful lives with and for others; to pursue truth, wisdom, and virtue; and to work for a more just world. Inspired by Ignatius of Loyola's vision of finding God in all things, the university is grounded in the liberal arts and sciences, while also offering opportunities for professional studies in undergraduate and selected graduate programs. Through teaching, research, creative activities, and service, the faculty, in cooperation with the staff, strives to educate the whole student and to benefit the larger community. 0 0 151495100 73641817 152120766 Loyola University New Orleans is a private, Catholic, Jesuit comprehensive university, open to students of all faiths. Loyola has 4,422 students - 3,188 undergraduate; 587 graduate students; 82 Doctoral students; 527 law students; and 38 continuing education students. The university is comprised of five colleges: Business, Arts and Sciences, Law, Music and Media and Nursing and Health; Loyola also offers a variety of online programs. Loyola offers 110 undergraduate degrees/tracks, and 36 graduate and professional programs, and 27 certificate programs. 0 0 0 N/A 0 0 0 N/A 0 0 0 151495100 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 5456 0 1 2622 1 1 1 1 CA CJ 0 0 1 1 1 1 0 1 1 0 0 0 0 0 X 33 32 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Carol Markowitz 5048653144 6363 St Charles Ave New Orleans LA 70118 Marguerite Adams Board Member 1.0 X 0 0 0 Janet Boles Board Member 1.0 X 0 0 0 Catherine Bissell Board Member 1.0 X 0 0 0 James Caillier EdD Board Member 1.0 X 0 0 0 Edgar Chase III Board Member 1.0 X 0 0 0 Margaret Condron PhD Board Member 1.0 X 0 0 0 Steven Cosse Board Member 1.0 X 0 0 0 Dennis Cuneo Board Member 1.0 X 0 0 0 Rev Paul J Fitzgerald SJ Board Member 1.0 X 0 0 0 Sally Forman Board Member 1.0 X 0 0 0 Michael Garanzini SJ Board Member 1.0 X 0 0 0 Anne Gauthier Board Member 1.0 X 0 0 0 S Derby Gisclair Board Member 1.0 X 0 0 0 Ryan Haas Board Member 1.0 X 0 0 0 Stephen Kent Board Member 1.0 X 0 0 0 Stephen Landry Board Member 1.0 X 0 0 0 Rev Timothy R Lannon SJ Board Member 1.0 X 0 0 0 Robert LeBlanc Board Member 1.0 X 0 0 0 Joseph Mahoney Board Member 1.0 X 0 0 0 James McBride Board Member 1.0 X 0 0 0 James Meza Board Member 1.0 X 0 0 0 Henry Munoz III Board member 1.0 X 0 0 0 Sean O'Keefe Board Member 1.0 X 0 0 0 Gerald Ray Jr Board Member 1.0 X 0 0 0 William Roberti Board Member 1.0 X 0 0 0 Robert Savoie Board Member 1.0 X 0 0 0 Rhonda Sharkawy Board Member 1.0 X 0 0 0 Rev Mario Alberto Torres SJ Board Member 1.0 X 0 0 0 Rev Jeffrey von Arx SJ Board member 1.0 X 0 0 0 Carol Waguespack Board Member 1.0 X 0 0 0 Sharonda R Williams Board Member 1.00 X 0 0 0 Rev Jeremy Zipple SJ Board Member 1.0 X 0 0 0 Rev Gregory Waldrop SJ Secretary/Treasurer 40 0 X X 0 0 0 Tania Tetlow President 40 0 X X 200538 0 16383 Laura Frerichs Vice President for Marketing and Communications 40 0 X 193994 0 32386 J Patrick O'Brien Dean College of Business 40 0 X 249581 0 23814 Maria Calzada Dean College of Arts and Sciences 40 0 X 228032 0 39027 Kern Maass Dean College of Music 40 0 X 166026 0 36572 Leon Mathes Assoc Vice President Finance 40 0 X 184648 0 30757 Madeleine Landrieu Dean College of Law 40 0 X 311858 0 17748 Uriel Quesada Dean College of Humanities 40 0 X 134363 0 21639 Laurie Anne Ferguson Dean College of Social Sciences 40 0 X 156734 0 17816 Christopher Wiseman VP Institutional Advancement 40 0 X 196664 0 26487 Georgia Gresham Professor 40 0 X 173326 0 11635 Walter Harris Professor 40 0 X 273309 0 23970 Lynn Koplitz Professor 40 0 X 301931 0 14603 Thomas Screen General Counsel 40 0 X 209661 0 38126 Lydia Voigt Distinguished University Professor 40 0 X 380843 0 15098 John Calamia Former VP Finance & Administration 0 0 X 237717 0 12419 Anthony Decuir Former Interim Dean College of Music and Fine Arts 0 0 X 179274 0 10560 William Locander Former Dean College of Business 0 0 X 277669 0 37685 Kathryn Lorio Professor 40 0 X 194866 0 10786 Luis F Miron Former Dean of College of Social Sciences 0 0 X 180485 0 12582 Lawrence Moore SJ Interim Dean College of Law 40.00 0 X 161370 0 42763 Maria Lopez Pabon Former Dean College of Law 0 0 X 209403 0 32351 Patricia Pearce Former Dean of Graduate and Professional Studies 0 0 X 194072 0 11825 Marcia Petty Vice President for Student Affairs/Assoc. Provost 0 0 X 230516 0 24056 5226880 0 561088 98 1 1 0 Sodexo 6363 St Charles Ave Box 243 New Orleans LA 70118 Food Service 9294242 Witt Fiala Flannery and Associates PO Box 958204 St Louis MO 63195 Janitorial 1678126 T A Held Construction Company PO Box 8891 Metairie LA 70011 Construction Services 790504 Ruffalocody Holdings LLC PO Box 718 Des Moines IA 50303 Educational Consulting Services 559186 Blackboard Inc PO Box 200154 Pittsburgh PA 15251 Educational Services 374200 42 0 0 94517 0 1442777 10120596 930325 11657890 152120766 152120766 0 0 152120766 3082601 0 0 3082601 0 0 0 0 0 0 0 0 35400 0 0 0 35400 0 35400 0 0 35400 1319890708 0 1302844180 0 17046528 0 17046528 0 0 17046528 47098 0 54400 -7302 0 -7302 0 0 0 0 0 0 0 0 0 0 0 0 Recreation Center 713940 134737 0 134737 0 Facility Rentals 532000 132306 0 132306 0 575897 0 0 575897 842940 184778823 152120766 267043 20733124 0 0 73641817 73641817 0 0 0 0 2345967 1495574 631604 218789 0 0 0 0 45564332 37201550 7398231 964551 172179 135324 33257 3598 5801316 4565173 1091066 145077 3164120 2499018 591572 73530 240000 0 240000 0 552143 0 552143 0 158050 360 157690 0 0 0 0 0 51500 51500 0 0 0 0 4797827 3620389 1144323 33115 428000 357200 55477 15323 1872316 1394275 313388 164653 2529463 806471 1649332 73660 6041 6041 0 0 4786539 4341212 391888 53439 2480920 2188276 238897 53747 0 0 0 0 1378237 1083951 139590 154696 8455697 7246131 1064418 145148 0 0 0 0 5646253 5251015 347809 47429 2599798 2359104 211811 28883 Books 1305234 1282927 2541 19766 Bad Debts 197526 0 197526 0 Educational & Student Programs 1084779 706331 350168 28280 Equipment, Rental & Maintenance 1488688 1312961 159407 16320 170748742 151495100 16962138 2291504 7814727 9272306 27465899 29487858 6528547 6159397 2006048 3741272 0 0 0 0 3479565 2535000 526920 544568 1968606 2050433 331598746 89906777 249088531 241691969 227905693 219470840 0 0 0 0 0 0 811644 811648 527596180 515765291 19406256 14870244 0 10467006 11491358 173444108 175435091 0 0 0 0 0 0 0 0 10523580 7185072 213840950 208981765 X 154337377 149008037 69743007 67646626 89674846 90128863 313755230 306783526 527596180 515765291 X 14030081 -12682735 0 0 0 -8319050 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 1 0 0 0 1 0 0 0 0 0 Schedule C, Part II-B, Line 1 University monitors any and all legislative, or executive, activity that would impact the institution, or our students, in any fashion. 221789000 3507000 6894000 5924000 3360000 7830000 215076000 225833000 13088000 18816000 5376000 17067000 13505000 221789000 245852000 1758000 20681000 4770000 23037000 14651000 225833000 277176000 1997000 -639000 5067000 17121000 10494000 245852000 287767000 4141000 7417000 4923000 10558000 6668000 277176000 0.38 0.4 0.22 0 0 0 8988559 8988559 0 310482943 81807810 228675133 0 0 0 0 0 10195317 8098967 2096350 0 1931927 0 1931927 241691969 0 Refundable Loan Program 5385471 Funds Held for Others 184045 Pension Benefits Payable 956000 Severance Liability 384666 Annuities Payable 274890 7185072 X 102716125 -12682735 0 0 0 -12682735 115398860 0 69379963 69379963 184778823 108617030 0 0 0 8319043 8319043 100297987 0 70450755 70450755 170748742 Schedule D, Part V, Line 1f Administrative Expenses include university non-operating, non-recurring expenses. Schedule D, Part V, Line 4 Endowment resources are used for non-operating expenses. Schedule D, Part X, Line 2 n/a Schedule D, Part XI, Line 4b Scholarships and investment return decreased by the portion of cumulative net depreciation designated for current operations. Schedule D, Part XII, Line 2d Severance, Annuity Adjustments, Consulting Expenses and Past Sessions. Schedule D, Part XII, Line 4b Scholarships 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Owing to the broad resident, geographic distribution of the student body it is not feasible to publish in every newspaper in every resident, geographic region of the student body. Schedule E, Part I, Line 6 Students that qualify receive federal and state need-based assistance. Europe (including Iceland and Greenland) 2 17 Program Services Study Abroad. 285216 South Asia 0 2 Program Services Study Abroad 46089 2 19 331305 0 0 0 0 0 0 X X X X X X X 1 2 Dukes Media 311 Calhoun Street New Orleans LA 70118 Fundraising 0 166902 36000 130902 US Central and S Province 4511 West Pine Blvd Saint Louis MO 63108 Fundraising in connection with the Jesuit Social Research Institute. 0 50000 15500 34500 216902 51500 165402 AK AZ CO DC MA MS NH NY OR WA 1912 Society Dinner 73515 43792 29723 0 0 0 24455 400 4869 Golf Tournament 29480 28140 1340 0 0 4840 150 0 3651 3 38620 22585 16035 0 0 0 0 0 16035 141615 94517 47098 0 0 4840 24605 400 24555 54400 -7302 1 Scholarships and other types of financial assistance are monitored through internal transfer of the funds within the university. 3116 73641817 0 FMV Schedule I, Part I, Line 2 Scholarships and other types of financial assistance are monitored through internal transfer of funds within the university. X X X 1 1 X 1 0 0 0 0 0 0 0 0 Madeleine Landrieu Dean College of Law 311858 0 0 0 0 0 3338 0 14410 0 329606 0 0 0 Tania Tetlow President 200538 0 0 0 0 0 0 0 16383 0 216921 0 0 0 J Patrick O'Brien Dean College of Business 249581 0 0 0 0 0 11443 0 12371 0 273395 0 0 0 Laura Frerichs Vice President for Mareting and Communications 193994 0 0 0 0 0 9337 0 23049 0 226380 0 0 0 Maria Calzada Dean College of Arts and Sciences 228032 0 0 0 0 0 10473 0 28554 0 267059 0 0 0 Kern Maass Dean College of Music 166026 0 0 0 0 0 8010 0 28562 0 202598 0 0 0 Leon Mathes Assoc Vice President Finance 184648 0 0 0 0 0 8292 0 22465 0 215405 0 0 0 Laurie Anne Ferguson Dean College of Social Sciences 156734 0 0 0 0 0 7247 0 10569 0 174550 0 0 0 Uriel Quesada Dean College of Humanities 134363 0 0 0 0 0 6051 0 15588 0 156002 0 0 0 Christopher Wiseman VP Institutional Advancement 196664 0 0 0 0 0 9154 0 17333 0 223151 0 0 0 Georgia Gresham Professor 9316 0 0 0 164010 0 659 0 10977 0 184962 0 0 0 Walter Harris Professor 92630 0 0 0 180679 0 6805 0 17165 0 297279 0 0 0 Lynn Koplitz Professor 24872 0 0 0 277059 0 1757 0 12846 0 316534 0 0 0 Thomas Screen General Counsel 209661 0 0 0 0 0 10586 0 27540 0 247787 0 0 0 Lydia Voigt Distinguished University Professor 25309 0 0 0 355534 0 1094 0 14004 0 395941 0 0 0 John Calamia Former VP Finance & Administration 7586 0 0 0 230131 0 548 0 11871 0 250136 0 0 0 Anthony Decuir Former Interim Dean College of Music and Fine Arts 1666 0 0 0 177608 0 0 0 10560 0 189834 0 0 0 William Locander Former Dean College of Business 277669 0 0 0 0 0 13118 0 24567 0 315354 0 0 0 Kathryn Lorio Professor 0 0 0 0 194866 0 0 0 10786 0 205652 0 0 0 Luis F Miron Former Dean of College of Social Sciences 12950 0 0 0 167535 0 930 0 11652 0 193067 0 0 0 Lawrence Moore SJ Interim Dean College of Law 161370 0 0 0 0 0 0 0 42763 0 204133 0 0 0 Maria Lopez Pabon Former Dean College of Law 209403 0 0 0 0 0 9770 0 22581 0 241754 0 0 0 Patricia Pearce Former Dean of Graduate and Professional Studies 44327 0 0 0 149745 0 1050 0 10775 0 205897 0 0 0 Marcia Petty Vice President for Student Affairs/Assoc. Provost 123466 0 0 0 107050 0 8719 0 15337 0 254572 0 0 0 Schedule J, Part I, Line 1a Spousal Travel of key employees is reimbursed if considered for fund-raising activities, public relations or development Schedule J, Part I, Line 3 The Executive Committee of the Board of Trustees chaired by the Board Chairperson deliberates to determine the President's compensation. Each member of the compensation-setting body is a disinterested party. Jesuit members of the Executive Committee recuse themselves from the salary deliberations. Salary data obtained from the Association of College of University Personnel Administrators, the Association of Jesuit Colleges and Universities and an executive search firm database is used to determine compensation comparability. The decision of the compensation-setting body including terms of the compensation, the date approved, members of the compensation-setting body present during the discussion of the compensation and voting members, comparability data relied on and the source of the data and an affirmation that all members were free of any conflict of interest is documented and retained by the Secretary of the Board of Trustees. Schedule J, Part I, Line 4 Lydia Voigt - $355,534; Lynn Koplitz - $277,059; John Calamia - $230,131; Kathryn Lorio - $194,866; Patricia Pearce $149,745; Luis Miron - $167,535; Anthony Decuir - $177,607; Georgia Gresham - $164,010. These payments were made under a University Sponsored Voluntary Severance Program. Walter Harris - $180,679 and Marcia Petty - $107,050 were paid under a Severance Agreement. A Louisiana Public Facilitties Authority 720895871 546398P44 2011-10-19 128452335 Construction 0 0 0 B Louisiana Public Facility Authority 720895871 546398P85 2017-01-26 86624585 Refunding of 2010 and 2011 series 0 0 0 A 43945000 0 128452335 0 0 0 1297957 0 0 127154378 0 0 2015 0 0 1 1 B 0 0 86624585 0 0 69687184 1190579 0 0 0 15746822 0 2017 0 1 1 1 A 0 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 Schedule K, Part I, Column b-01/26/2017 86,624,585 Louisiana Public Facility Authority Line 11, the other spent proceeds are the refunding proceeds of the issue that are no longer in escrow. Schedule K, Part IV, Line 2c-10/19/2011 128,452,335 Louisiana Public Facilitties Authority A rebate calculation was performed on October 1, 2019. X 14 930325 FMV X Miscellaneous Donations 144 0 FMV 7 0 1 1 Schedule M, Part I, Line 32b OneCause online auction software and broker at Morgan Stanley. Schedule M, Part I, Line 33 The FMV of the donated items is immaterial to the financial condition of the university. Form 990, Part VI, Section A, Line 3 The Chief Operating Officer, Paul Pastorek, was an independent contractor. His service began in April 2018 and ended July 2019. Form 990, Part VI, Section A, Line 6 All members in good standing of the Society of Jesus who are members of the Jesuit Community of Loyola University New Orleans and who hold full-time or part-time positions at Loyola University New Orleans and who have held such positions for one academic year shall be eligible for membership in the Corporation, Membership in the Corporation shall consist of not fewer than three nor more than twenty-five persons who fulfill these qualifications. Such members shall be elected in the manner and for the term hereinafter provided by those persons eligible for membership under this Article and shall serve the stipulated term or until their earlier death, resignation or failure to meet all the qualifications for membership. Form 990, Part VI, Section A, Line 7a The sole rights and duties of members shall be a, to elect annually such members of the Board of Trustees as are provided in these Articles; b, to receive annually a report from the President; c, to determine the dissolution of the Corporation and the distribution of its assets, consistent with the terms of Article V hereof; d, to amend the Articles and By-Laws of the Corporation in the manner specified in Article IX; and e, to fix and determine by majority vote the number of Trustees who shall constitute the whole Board of Trustees. The composition of the Board of Trustees shall be at all times such that more than twenty-two percent of the total membership of the Board of Trustees, but not more than sixty percent of said Board, shall be composed of members in good standing of the Society of Jesus. Form 990, Part VI, Section A, Line 7b The Board of Trustees shall exercise the corporate powers prescribed by law. The essential function of the Board shall be policy making and responsibility for sound management. It shall formulate and determine the general, educational and financial policies as shall be deemed necessary for the administration and development of the Corporation in accordance with its shared purposes. The Board shall create committees of the Board and Ad-Hoc Committees as it may deem necessary, or a desire to carry out the purposes of the Corporation, each of which shall have such powers and responsibilities as the Board of Trustees shall designate. Nothing shall be considered to negate the power of the President to establish administrative committees, visiting committees, counsels and other bodies as he/she may deem necessary or desirable to aid him/her in the performance of his/her duties. Form 990, Part VI, Section B, Line 11b The Audit Committee reviews the Form 990 and recommends its review as an action item to the Board of Trustees. The Form 990 is posted on the Board of Trustees website for review. In addition, the Form 990 is reviewed by an independent accounting firm prior to its submission to the Board of Trustees. Form 990, Part VI, Section B, Line 12c Under the Conflict of Interest Policy, each Trustee is required when initially elected, and annually thereafter, to acknowledge in writing that he or she has reviewed this Policy and is complying with it, in letter and in spirit; when initially elected, and annually thereafter, to complete a Disclosure Statement; an amendment statement must be filed promptly in the event of a material change in circumstances; and to disclose actual or potential conflicts of interest at any time when he or she becomes aware of them. The Board of Trustees are responsible for disseminating the Policy and for collecting signed Disclosure Statements at the time a Trustee is first elected. Completed Disclosure Statements will be sent to the President. Annually, the Board disseminates the Policy and Annual Disclosure Statements will be sent to the President. Annually, the Board disseminates the Policy and Annual Disclosure Statements to all Trustees in June. Completed Disclosure Statements are due to the University by mid-July of each year and are reviewed by the University's counsel. Form 990, Part VI, Section B, Line 15 President's Compensation, the Executive Committee of the Board of Trustees chaired by the Board Chairperson, deliberates to determine the President's compensation. Each member of the compensation-setting body is a disinterested party. Jesuit members of the Executive Committee recuse themselves from the salary deliberations. Salary data obtained from the Association of Colleges and University Personnel Administrators, the Association of Jesuit Colleges and Universities and an executive search firm database is used to determine compensation comparability. The decision of the the compensation-setting body including terms of compensation, the date approved, members of the compensation-setting body present during the discussion of the compensation and voting member, comparability data relied on and the source of the data and an affirmation that all members were free of any conflict of interest is documented and retained by the Secretary of the Board of Trustees. Key Employee Compensation, upon hiring, The university President or Provost, depending on the organization status of the key employee, makes a salary determination with the party involved. The President or Provost uses salary data obtained from the Association of Colleges and University Personnel Administrators, the Association of Jesuit Colleges and Universities and an executive search firm database to determine compensation comparability. On a regular basis the Executive Committee of the Board reviews the compensation of key employees. All compensation adjustments, such as merit increases are documented in the Performance Evaluation and reviewed for reasonableness and industry comparability via budget analysis. Form 990, Part VI, Section C, Line 18 The IRS Forms 990 and 990-T are made available to the public upon request. A copy of each is also on file at the University's library. Form 990, Part VI, Section C, Line 19 Form 990 and 990-T are made available to the public upon request. A copy of each is also on file at the university's library. The Annual financial report, conflict of interest policy, and other governing documents are also made available to the public upon request. Form 990, Part XI, Line 9 Severance, Consulting, Annuity Payable Adjustment and Past Sessions N/A