2017-05-18T08:57:38-05:00 2016-06-30 540504608 BROWN EDWARDS & COMPANY LLP 1715 PRATT DRIVE SUITE 2700 BLACKSBURG VA 24060 990 2015-07-01 540573801 MARYMOUNT UNIVERSITY MARY 7032841480 2807 NORTH GLEBE ROAD ARLINGTON VA 222074299 MR AL DIAZ VICE PRESIDENT, FINANCIAL AFFAIRS 7032841480 2017-05-11 1 MARK WOOLWINE P00647446 5404433606 2017-05-11 2015 2021-01-29 14:40:06Z ALPHONSO DIAZ 2807 NORTH GLEBE ROAD ARLINGTON VA 222074299 105198743 0 X WWW.MARYMOUNT.EDU X 1950 VA FOUNDED IN 1950, MARYMOUNT UNIVERSITY IS AN INDEPENDENT, COMPREHENSIVE CATHOLIC UNIVERSITY OFFERING A FULL RANGE OF GRADUATE AND UNDERGRADUATE COURSES AND DEGREE PROGRAMS FOR STUDENTS OF ALL AGES THROUGH ITS MAIN CAMPUS, ITS BALLSTON CAMPUS, THE RESTON CENTER, AND THROUGH OUTREACH ACTIVITIES IN VIRGINIA. 27 27 1690 4 778289 87610 3283479 3159039 95504756 100664710 -3460435 1491411 408732 -171068 95736532 105144092 18865015 19264017 0 0 46783837 45576864 23160 33569 1977878 33044083 36444334 98716095 101318784 -2979563 3825308 206155613 280084944 104220564 176357854 101935049 103727090 X MARYMOUNT IS A COMPREHENSIVE CATHOLIC UNIVERSITY, GUIDED BY THE TRADITIONS OF THE RELIGIOUS OF THE SACRED HEART OF MARY, THAT EMPHASIZES INTELLECTUAL CURIOSITY, SERVICE TO OTHERS, AND A GLOBAL PERSPECTIVE. A MARYMOUNT EDUCATION IS GROUNDED IN THE LIBERAL ARTS, PROMOTES CAREER PREPARATION, AND PROVIDES OPPORTUNITIES FOR PERSONAL AND PROFESSIONAL GROWTH. A STUDENT-CENTERED LEARNING COMMUNITY THAT VALUES DIVERSITY AND FOCUSES ON THE EDUCATION OF THE WHOLE PERSON, MARYMOUNT GUIDES THE INTELLECTUAL, ETHICAL, AND SPIRITUAL DEVELOPMENT OF EACH INDIVIDUAL. 0 0 47777977 81732913 INSTRUCTIONAL - THE UNIVERSITY OFFERS A WIDE RANGE OF GRADUATE AND UNDERGRADUATE DEGREE PROGRAMS TO APPROXIMATELY 3,363 STUDENTS. EXPENSES INCLUDE SALARIES AND BENEFITS FOR 160 FULL-TIME FACULTY. 19264017 19264017 SCHOLARSHIP ALLOWANCES - PROVIDE OPPORTUNITIES FOR THOSE WHO WOULD NOT BE ABLE TO COMPLETE THEIR COLLEGE EDUCATION WITHOUT FINANCIAL ASSISTANCE. 3819648 17982440 AUXILIARY SERVICES - PROVIDES HOUSING, FOOD AND HEALTH SERVICES TO APPROXIMATELY 799 RESIDENTIAL STUDENTS. 70861642 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 102 0 1 1690 1 1 1 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ASSISTANT VICE PRESIDENT & CONTROLLER 7032841492 2807 N GLEBE ROAD ARLINGTON VA 222074299 JOSEPH MAURELLI CHAIRMAN 0.00 X 0 0 0 MARLENE MALEK VICE CHAIRMAN 0.00 X 0 0 0 CARMELITA H TREACY SECRETARY 0.00 X 0 0 0 EDWARD H BERSOFF TRUSTEE 0.00 X 0 0 0 MICHAEL BURKE TRUSTEE 0.00 X 0 0 0 NICHOLAS CAROSI III TRUSTEE 0.00 X 0 0 0 KATHLEEN CONNELL RSHM TRUSTEE 0.00 X 0 0 0 SR MARTINA CROWLEY RSHM TRUSTEE 0.00 X 0 0 0 MARIA COAKLEY DAVID TRUSTEE 0.00 X 0 0 0 BRIGID DRISCOLL RSHM TRUSTEE 0.00 X 0 0 0 ROBERT FITCH TRUSTEE 0.00 X 0 0 0 MICHAEL P FITZERALD TRUSTEE 0.00 X 0 0 0 SCOTT HAMBERGER TRUSTEE 0.00 X 0 0 0 MICHAEL HEGARTY TRUSTEE 0.00 X 0 0 0 MICHAEL J HERSHMAN TRUSTEE 0.00 X 0 0 0 TRANCIS Q HOANG ESQ TRUSTEE 0.00 X 0 0 0 FRANK ISLAM TRUSTEE 0.00 X 0 0 0 YONG KIM TRUSTEE 0.00 X 0 0 0 SUSAN LACZ TRUSTEE 0.00 X 0 0 0 JERI LYNN WILSON LASSITER TRUSTEE 0.00 X 0 0 0 STEPHEN J MCKENNA TRUSTEE 0.00 X 0 0 0 TATAL MOUNIR NSOULI TRUSTEE 0.00 X 0 0 0 JUSTINE DANDREA POPE TRUSTEE 0.00 X 0 0 0 LOLA C REINSCH TRUSTEE 0.00 X 0 0 0 COURTNEY SPAETH TRUSTEE 0.00 X 0 0 0 MARIA TIMONEY RSHM TRUSTEE 0.00 X 0 0 0 SR CLEVIE YOUNGBLOOD RSHM TRUSTEE 0.00 X 0 0 0 DR MATTHEW D SHANK PRESIDENT 40.00 X 343361 0 34670 ALPHONSO V DIAZ VP OF FINANCIAL AFFAIRS 40.00 X 229916 0 9370 DR SHERRY HUGHES VP OF ACADEMIC AFFAIRS 40.00 X 187168 0 15550 LINDA MCMURDOCK VP STUDENT AFFAIRS 40.00 X 173790 0 12993 MR JOSEPH FOSTER VP OF DEVELOPMENT 40.00 X 169784 0 20248 MR MICHAEL SCHUCHERT ASSOCIATE VP PLANNING & IN 40.00 X 133873 0 16755 JEANNE A MATTHEWS DEAN 40.00 X 174442 0 5545 DIANE R MURPHY PROFESSOR 40.00 X 147897 0 17193 ROBERT P MEDEN PROFESSOR 40.00 X 144475 0 18100 TODD A RIMKUS PROFESSOR 40.00 X 141871 0 11245 STEVEN MUNSON EXECUTIVE DIRECOTR ITSC 40.00 X 139251 0 27485 1985828 0 189154 56 0 1 0 SODEXHO INC AFFILIATES PO BOC 536922 ATLANTA GA 303526922 FOOD SERVICES 4285146 BENNETT GROUP 1230 31ST STREET NW WASHINGTON DC 20007 CONSTRUCTIONS SERVICES 2360702 FMB ADVERTISING 141 SOUTH GAY STREET KNOXVILLE TN 37902 MARKETING, BRANDING & ADVERTISING 1159218 CALVERT CONTROLS INC 2055 SOLOMONS ISLAND RD STE 100 HUNTINGTON MD 20639 HVAC SERVICE AND MAINTENANCE 1138934 PRESIDIO NETWORKED SOLUTIONS PO BOX 82219 PHILADELPHIA PA 191822169 COMMUNICATION & NETWORKING 479170 23 398779 2760260 3159039 TUITION 611310 82532913 82532913 AUXILIARY SERVICES 532000 14799044 14783652 15392 FEES 611710 3332753 3198788 133965 100664710 1546062 1546062 54651 -54651 -54651 -54651 SUMMER CAMPS 721000 533444 533444 BOOKSTORE 451211 95488 95488 LOSS ON ACCOUNTS IN COLLECTIONS 900099 -800000 -800000 -171068 105144092 99715353 778289 1491411 19264017 19264017 1762444 1007574 579293 175577 34617672 28858634 5589495 169543 2177404 1761037 399286 17081 4487113 3655805 781776 49532 2532231 2092606 415995 23630 3217679 1187480 1280979 749220 492447 5582 486865 33569 33569 92992 92992 71720 71720 507313 22401 81197 403715 1769437 1618354 68444 82639 2114418 1827875 286543 7635 7635 6095849 1770509 4324640 700 2201914 2036832 77170 87912 194304 168635 20442 5227 6101465 6101465 4791410 4791410 574216 58635 515581 AUXILIARY SERVICES 3819647 3361050 390544 68053 OTHER EXPENSES 2495419 1211706 1192983 90730 REPAIRS & MAINTENANCE 970612 244529 722555 3528 MEMBERSHIP DUES 862856 641124 207207 14525 63001 59622 682 2697 101318784 70861642 28479264 1977878 14008107 31549170 916070 334277 6210252 8090418 1108027 890739 1005357 1415899 213128952 71740167 116340215 141388785 27382925 28674670 37242954 64509614 1941706 3231372 206155613 280084944 7579518 14105937 5590585 5128127 69347511 134933936 21702950 21061299 0 1128555 104220564 176357854 X 65319105 67946350 26903000 26860689 9712944 8920051 101935049 103727090 206155613 280084944 3825308 -2033267 0 X 0 1 X 1 1 1 X 4044934 3075925 4533709 3283479 3159039 18097086 4044934 3075925 4533709 3283479 3159039 18097086 18097086 512061 801757 899489 1086818 1546062 4846187 292219 174547 16283 88610 571659 -800000 -800000 22714932 466951730 0.79670 0.78260 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: LOSS ON ACCOUNTS IN COLLECTIONS - 2015 AMOUNT: $ -800,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 219140 0 37475510 1915448 -819219 1175316 3098 37393325 37794809 438761 -90353 570083 97624 37475510 32603376 1269463 4456457 630512 -96025 37794809 22956872 7890684 2315524 560825 -1121 32603376 23083029 1073394 -724757 457053 17741 22956872 0.35570 0.23850 0.40580 1 0 7408448 7408448 124723063 29326014 95397049 29630799 26357085 3273714 51366642 16057068 35309574 141388785 CASH AND CASH EQUIVALENTS 751692 F FUNDS HELD IN TRUST BY OTHERS 6699176 F ALTERNATIVE INVESTMENTS 1330360 F FUNDS HELD FOR INVESTMENT IN LAND BUILDINGS AND EQUIPMENT 47460386 F FUNDS HELD IN RESERVE BY DEBT AGREEMENTS 8268000 F 64509614 RESTRICTED DEPOSITS HELD BY TRUSTEE 1128555 1128555 X 83753816 -2033267 -2033267 85787083 92992 19264017 19357009 105144092 81961775 0 81961775 92992 19264017 19357009 101318784 PART V, LINE 4: ENDOWMENT FUNDS ARE USED ACCORDING TO THE INTENTIONS OF THE DONORS AT THE TIME THE ENDOWMENT GIFTS ARE MADE. THE UNIVERSITY'S ENDOWMENT FUNDS ARE PRIMARILY TO SUPPORT STUDENT SCHOLARSHIPS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FEDERAL FORMS 990 OF THE UNIVERSITY ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCES 19,264,017. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCES 19,264,017. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 PUBLISHED THROUGH NEWSPAPER ADVERTISEMENTS AND UNIVERSITY PUBLICATIONS, CATALOGS, ETC. SCHEDULE E, PART I, LINE 6 LISTING OF ALL FINANCIAL AID OR ASSISTANCE RECEIVED FROM GROVERNMENTAL AGENCIES, NOT JUST TITLE IV FROM THE DEPARTMENT OF EDUCATION. FEDERAL GRANTS: FWS - $269,515; PELL - $2,779,195; SEOG - $129,264; PERKINS - $50,600; FFELP- $33,458,617 TOTAL FEDERAL GRANTS - $36,687,191 STATE GRANTS: DISTRICT OF COLUMBIA - $83,750; DISTRICT OF COLUMBIA-CAP PROGRAM - $25,500; DISTRICT OF COLUMBIA-MAYOR'S UG SCHOLARS $22,000; VERMONT, SSIG GRANT - $700; VIRGINIA TEACHING SCHOLARSHIP - $20,000; VIRGINIA TAG GRANT - $2,479,474; VIRGINIA GEAR UP- $6,000 TOTAL STATE GRANTS - $2,637,424 TOTAL FEDERAL AND STATE GRANTS = $39,324,615 X X X X X X X 1 FMB ADVERTISING 145 S GAY STREET KNOXILLE TN 37902 MAIL / PHONE FUNDRAISER 0 0 11684 -11684 JESSICA C HASTINGS AKA COLEMAN HAS 905 TURKEY FOOT ROAD LEXINGTON KY 40502 PHONE FUNDRAISER 0 0 21484 -21484 PRINTING & GRAPHICS COMPANY 7813 DELANO ROAD CLINTON MD 20735 MAILING HOUSE 0 0 401 -401 33569 -33569 VA WV NJ PA NY CT FL DE AL CA IL TX AZ MA 1 STUDENT AID PROVIDED BY VARIOUS SCHOLARSHIPS AND OTHERTUITION SUPPORT 1608 18190051 GRANTS AND OTHER ASSISTANCE PROVIDED TO STUDENTS 310 1073966 PART I, LINE 2: THE UNIVERSITY MAINTAINS RECORDS TO ENSURE FINANCIAL AID IS AWARDED TO ELIGIBLE STUDENTS BASED ON CRITERIA IN INDIVIDUAL SCHOLARSHIPS, AS WELL AS FEDERAL REGULATIONS, OR DONOR RESTRICTIONS. FEDERAL GRANTS ARE AWARDED BASED ON FAFSA INFORMATION. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 DR MATTHEW D SHANK PRESIDENT 311061 0 32300 0 0 0 21200 0 13470 0 378031 0 0 0 ALPHONSO V DIAZ VP OF FINANCIAL AFFAIRS 229916 0 0 0 0 0 7866 0 1504 0 239286 0 0 0 DR SHERRY HUGHES VP OF ACADEMIC AFFAIRS 187168 0 0 0 0 0 15144 0 406 0 202718 0 0 0 LINDA MCMURDOCK VP STUDENT AFFAIRS 173790 0 0 0 0 0 6240 0 6753 0 186783 0 0 0 MR JOSEPH FOSTER VP OF DEVELOPMENT 169784 0 0 0 0 0 13693 0 6555 0 190032 0 0 0 MR MICHAEL SCHUCHERT ASSOCIATE VP PLANNING & IN 133873 0 0 0 0 0 11007 0 5748 0 150628 0 0 0 JEANNE A MATTHEWS DEAN 174442 0 0 0 0 0 5153 0 392 0 179987 0 0 0 DIANE R MURPHY PROFESSOR 147897 0 0 0 0 0 10574 0 6619 0 165090 0 0 0 ROBERT P MEDEN PROFESSOR 144475 0 0 0 0 0 11481 0 6619 0 162575 0 0 0 TODD A RIMKUS PROFESSOR 141871 0 0 0 0 0 10853 0 392 0 153116 0 0 0 STEVEN MUNSON EXECUTIVE DIRECOTR ITSC 139251 0 0 0 0 0 12371 0 15114 0 166736 0 0 0 PART I, LINE 1A DR. MATTHEW D. SHANK, PRESIDENT, RECEIVES THE USE OF A UNIVERSITY-OWNED PRIVATE DWELLING, INCLUDING CLEANING SERVICES, PURSUANT TO THE TERMS OF HIS EMPLOYMENT CONTRACT. A VIRGINIA COLLEGE BUILDING AUTHORITY 541249154 9277816F6 2015-04-08 69347511 SEE SCHEDULE O 0 0 0 B VIRGINIA COLLEGE BUILDING AUTHORITY 541249154 9277817MO 2015-07-15 67052610 SEE SCHEDULE O 0 0 0 A 69347511 4286750 1250741 5237676 55761970 2809250 1 0 0 1 B 67052610 4656213 1565570 1336300 22478513 31923195 0 0 0 1 A 0 0 1 1 0 0 0 1 B 0 0 1 1 0 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 FORM 990, PART VI, SECTION B, LINE 11 THE VICE PRESIDENT FOR FINANCIAL AFFAIRS OF THE UNIVERSITY PRESENTS A DRAFT OF THE FORM 990 TO THE AUDIT, FINANCE AND INVESTMENT COMMITTEE OF THE BOARD OF TRUSTEES. THE COMMITTEE REVIEWS THE DRAFT OF THE FORM 990 AS PRESENTED OR AS AMENDED. THE 990 (REVISED IF NECESSARY) IS PRESENTED BY THIS COMMITTEE TO THE FULL BOARD OF TRUSTEES AT A REGULARLY SCHEDULED BOARD MEETING. THE BOARD VOTES ON THE RECOMMENDATION OF THE COMMITTEE TO ACCEPT THE FORM 990. THE FORM 990 IS THEN FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY OBTAINS AN ANNUAL STATEMENT FROM KEY MANAGEMENT AND EMPLOYEES IN SENSITIVE POSITIONS CERTIFYING THEIR COMPLIANCE WITH THE POLICY. THIS IS REVIEWED BY TOP-LEVEL MANAGEMENT AND THE BOARD OF TRUSTEES. THE STATEMENT IS COMPLETED BY EACH MANAGER OF THE UNIVERSITY AT THE LEVEL OF DEAN/DIRECTOR, OR ABOVE: THE STATEMENT READS: I, THE UNDERSIGNED, AN ADMINISTRATOR OF MARYMOUNT UNIVERSITY ("THE UNIVERSITY"), DO HEREBY ACKNOWLEDGE RECEIPT OF THE CONFLICT OF INTEREST POLICY ("THE POLICY") GOVERNING THE UNIVERSITY AS OF THE DATE OF THIS STATEMENT. SAID DOCUMENT DETAILS POLICY WITH RESPECT TO DISCLOSURE OF CERTAIN INTERESTS OF "REPRESENTATIVES AND "ADMINISTRATORS" OF THE UNIVERSITY (AS DEFINED IN THIS POLICY). A COPY OF THE CONFLICT OF INTEREST QUESTIONNAIRE AND STATEMENT IS TO BE ANSWERED AND SIGNED BY ALL PERSONS TO WHOM THIS DOCUMENT IS ADDRESSED. I HAVE READ THE POLICY AND AGREED TO BE BOUND THEREBY WITH RESPECT TO ITS DISCLOSURE PROVISIONS AND I AGREE WITH THE PRINCIPLES CONTAINED IN THE POLICY. __________I AFFIRM THAT I HAVE NO CONFLICT OF INTEREST AS DESCRIBED IN THE POLICY.* __________ATTACHED IS AN INDICATION OF A POSSIBLE CONFLICT OF INTEREST AS DESCRIBED IN THE POLICY.* DATED:________________ ___________________________ (NAME-PLEASE TYPE OR PRINT) _____________________________ (SIGNATURE) *RETURN THIS FORM, OR DETAIL THE INTEREST(S) IN QUESTION, ATTACH TO THIS FORM, AND RETURN BOTH TO: RON SOMERVELL, AVP & CONTROLLER, MARYMOUNT UNIVERSITY, 2807 NORTH GLEBE ROAD, ARLINGTON, VIRGINIA, 22207 FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT PRESENTS HIS COMPENSATION RECOMMENDATIONS TO THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. HIS RECOMMENDATIONS COVER ALL ADMINISTRATIVE OFFICERS (VICE PRESIDENTS) OF THE UNIVERSITY. THERE IS LIMITED USE OF COMPARABLE COMPENSATION DATA. THE LAST SUCH REVIEW WAS CONDUCTED IN THE FALL OF 2013. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST EITHER AS WRITTEN DOCUMENTS OR BY INSPECTION AT THE BUSINESS OFFICE OF THE UNIVERSITY. SCHEDULE K, PART I(F), ROW A - DESCRIPTION OF PURPOSE REFUND PRIOR BONDS ISSUED 11/18/1998, 03/04/2009, 2/21/2012 TOTALING $55,761,970.DEFERRED MAINTENANCE - RENOVATIONS AND IMPROVEMENTS TO MAIN CAMPUS $8,048,050. SCHEDULE K, PART I(F), ROW B - DESCRIPTION OF PURPOSE PROCEEDS USED TO FINANCE THE COST OF CONSTRUCTION AND EQUIPPING AN APPROXIMATELY NINE STORY, 165,000 SQUARE FOOT ACADEMIC BUILDING LOCATED ON THE UNIVERSITY'S CAMPUS IN THE BALLSTON NEIGHBORHOOD OF ARLINGTON COUNTY VIRGINIA.