2016-04-25T14:50:31-05:00 2015-06-30 391173131 SCHENCK SC PO BOX 23819 GREEN BAY WI 543053819 990 2014-07-01 390806154 MOUNT MARY UNIVERSITY MOUN 4149303126 2900 N MENOMONEE RIVER PARKWAY MILWAUKEE WI 53222 EILEEN SCHWALBACH PRESIDENT 4142561202 2016-04-14 1 JILL M BOYLE P01246734 9204367800 2016-04-14 2014 2016-08-17 19:52:53Z EILEEN SCHWALBACH 2900 N MENOMONEE RIVER PARKWAY MILWAUKEE WI 53222 53556775 0 X WWW.MTMARY.EDU X 1913 WI AN URBAN CATHOLIC UNIVERSITY FOR WOMEN SPONSORED BY THE SCHOOL SISTERS OF NOTRE DAME. 35 35 689 200 -19451 -19451 4773339 4861560 26471235 25565788 1190640 2018809 27752 268591 32462966 32714748 7554252 8411608 0 0 1352844 1458433 0 0 659818 21578297 21390997 30485393 31261038 1977573 1453710 57778610 56863081 9917985 10653683 47860625 46209398 X MOUNT MARY UNIVERSITY, AN URBAN CATHOLIC UNIVERSITY FOR WOMEN SPONSORED BY THE SCHOOL SISTERS OF NOTRE DAME, PROVIDES AN ENVIRONMENT FOR THE DEVELOPMENT OF THE WHOLE PERSON. THE UNIVERSITY ENCOURAGES LEADERSHIP, INTEGRITY, AND A DEEP SENSE OF SOCIAL JUSTICE ARISING FROM A SENSITIVITY TO MORAL VALUES AND CHRISTIAN PRINCIPLES. MOUNT MARY COMMITS ITSELF TO EXCELLENCE IN TEACHING AND LEARNING WITH AN EMPHASIS ON THINKING CRITICALLY AND CREATIVELY. THE BACCALAUREATE CURRICULUM INTEGRATES THE LIBERAL ARTS WITH CAREER PREPARATION FOR WOMEN OF DIVERSE AGES AND PERSONAL CIRCUMSTANCES; THE PROGRAMS AT THE GRADUATE LEVEL PROVIDE OPPORTUNITIES FOR BOTH MEN AND WOMEN TO ENHANCE THEIR PROFESSIONAL EXCELLENCE. 0 0 24352025 8411608 25682008 MOUNT MARY UNIVERSITY HAD APPROXIMATELY 868 UNDERGRADUATE AND 722 GRADUATE STUDENTS ENROLLED FOR THE FISCAL YEAR ENDING JUNE 30, 2015. DURING THIS PERIOD, 136 BACHELORS DEGREES AND 15 POSTBACCALAUREATE CERTFICATES AND 193 GRADUATE DEGREES WERE AWARDED TO STUDENTS. 24352025 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 1 1 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 111 0 1 689 1 1 1 0 0 0 0 0 0 0 0 0 X 35 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X BUSINESS OFFICE 4149303126 2900 N MENOMONEE RIVER PKWY MILWAUKEE WI 53222 GARY JORGENSEN CHAIR 1.00 X X 0 0 0 EILEEN SCHWALBACH PRESIDENT 50.00 X X 255000 0 40995 SUZANNE ANDREW TRUSTEE 1.00 X 0 0 0 BARBARA BOLENS TRUSTEE 1.00 X 0 0 0 NORMAN BARRIENTOS TRUSTEE 1.00 X 0 0 0 JOHN BOSBOUS TRUSTEE 1.00 X 0 0 0 CATHY BUCK TRUSTEE 1.00 X 0 0 0 SUSAN BELLEHUMEUR TRUSTEE 1.00 X 0 0 0 SISTER JACQUELINE BUCKLEY TRUSTEE 1.00 X 0 0 0 SISTER KATHERYN BERGER TRUSTEE 1.00 X 0 0 0 CAMILLE BURKE TRUSTEE 1.00 X 0 0 0 ERICKAJOY DANIELS TRUSTEE 1.00 X 0 0 0 MARY BETH KINGTON TRUSTEE 1.00 X 0 0 0 KATHRYN MAEGLI DAVIS TRUSTEE 1.00 X 0 0 0 ANNE KOENINGS TRUSTEE 1.00 X 0 0 0 VERONICA GUNN TRUSTEE 1.00 X 0 0 0 KRISTINE KRAUSE TRUSTEE 1.00 X 0 0 0 MARY JO LAYDEN TRUSTEE 1.00 X 0 0 0 LEON JANSSEN TRUSTEE 1.00 X 0 0 0 LINDA MARCUS TRUSTEE 1.00 X 0 0 0 CHERYL MAURANA TRUSTEE 1.00 X 0 0 0 JOSE OLIVIERI TRUSTEE 1.00 X 0 0 0 GOLDI MILLER TRUSTEE 1.00 X 0 0 0 SISTER MARY ANNE OWENS TRUSTEE 1.00 X 0 0 0 TCHERNAVIA ROCKER TRUSTEE 1.00 X 0 0 0 SISTER PAMELA MOEHRING TRUSTEE 1.00 X 0 0 0 AMELIA MACARENO TRUSTEE 1.00 X 0 0 0 JOAN M SHAFER TRUSTEE 1.00 X 0 0 0 MARY STAUDENMAIER TRUSTEE 1.00 X 0 0 0 JUDIE TAYLOR TRUSTEE 1.00 X 0 0 0 DAVID WERNER TRUSTEE 1.00 X 0 0 0 GARY ZIMMERMAN TRUSTEE EMERITUS 1.00 X 0 0 0 GENEVA JOHNSON TRUSTEE EMERITUS 1.00 X 0 0 0 WILLIAM JENSEN TRUSTEE EMERITUS 1.00 X 0 0 0 MARIE O'BRIEN VICE CHAIR 1.00 X X 0 0 0 BETH WNUK VICE PRESIDENT 50.00 X 182728 0 4703 REYES GONZALEZ VICE PRESIDENT 50.00 X 156907 0 10882 DAVID WEGENER VICE-PRESIDENT 50.00 X 119916 0 25570 LYNN SPRANGERS VICE-PRESIDENT 50.00 X 105080 0 7649 SISTER JOAN PENZENSTADLER VICE-PRESIDENT 50.00 X 32791 0 1967 PAM OWENS VICE-PRESIDENT 50.00 X 45833 0 5915 KAREN FRIEDLEN VICE-PRESIDENT 50.00 X 115044 0 30546 1013299 0 128227 6 0 1 0 VJS CONSTRUCTIONS SERVICES INC W2323 N2847 ROUNDY CIRCLE WEST PEQAUKEE WI 53072 CONSTRUCTION SERVICES 1136702 FOOD SERVICE INC 1801 W GLENDALE AVE MILWAUKEE WI 53222 CATERING AND FOOD SERVICES 393441 CONFERENCE TECHNOLOGIES PO BOX 66726 ST LOUIS MO 631666726 TECHNOLOGY UPGRADES 276933 BLUEMOUND BUILDER SUPPLY W233 N2847 ROUNDY CIRCLE WEST PEWAUKEE WI 53072 CONSTRUCTION 146587 HOLTON BROTHER INC 1257 TERMINAL ROAD GRAFTON WI 53024 MASONRY SERVICES 133318 10 131870 109810 4619880 395787 4861560 STUDENT TUITION 611600 24018879 24018879 AUXILIARY ENTERPRISES 722320 1491692 1491692 INTEREST ON TUITION RECEIVABLES 611600 35294 35294 MMC COMMUNITY RENTAL 611600 19923 19923 25565788 892745 892745 124830 126172 -1342 -1342 -19451 18109 21681604 2924 20544944 13520 1136660 -10596 1126064 1126064 157907 131870 157391 516 516 MISCELLANEOUS 611600 171651 18454 153197 DEPARTMENT INCOME 611600 97766 97766 269417 32714748 25682008 -19451 2190631 7982392 7982392 429216 429216 1245792 502606 518668 224518 212641 212641 1248374 801167 423718 23489 INSTRUCTION 8363910 8363910 INSTITUTIONAL SUPPORT 5718620 5306809 411811 STUDENT SERVICES 3656284 3656284 ACADEMIC SUPPORT 1629102 1629102 774707 774707 31261038 24352025 6249195 659818 X 1384109 2229609 1120928 1971971 2762532 1565148 1086572 1337609 647465 703271 562164 494547 43929718 19383924 22736177 24545794 27352734 23896740 125929 118392 57778610 56863081 1349354 2591246 1138871 742172 6385000 6225000 42296 25137 1002464 1070128 9917985 10653683 X 22868376 23106369 11846155 7710393 13146094 15392636 47860625 46209398 57778610 56863081 X 1453710 -1865596 -1178556 -60785 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14734692 1625553 98793 585717 15873321 11451199 1500638 1825785 42930 14734692 10712083 212949 1232883 706716 11451199 11090243 214862 -47200 507000 38822 10712083 9210027 620601 1782570 64005 425995 32955 11090243 0.74160 0.25840 0 0 516846 516846 29410015 15879948 13530067 10551301 2388065 8163236 3451556 1115911 2335645 24545794 PAYABLES TO BENEFICIARIES UNDER SPLIT-INTEREST AGREEMENTS 72319 REFUNDABLE ADVANCES FROM THE U.S. GOVERNMENT 770883 INTEREST RATE SWAP 226926 1070128 X 22757441 -1865596 329806 -1535790 24293231 8421517 8421517 32714748 23230112 380682 380682 22849430 8411608 8411608 31261038 PART V, LINE 4: ENDOWMENT FUNDS WERE ESTABLISHED FOR A VARIETY OF PURPOSES. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE UNIVERSITY'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION ON UNRELATED BUSINESS INCOME. IN ADDITION, THE UNIVERSITY QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CATEGORIZED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE UNIVERSITY IS ALSO EXEMPT FROM WISCONSIN INCOME TAXES. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES ARE INCLUDED IN INSTITUTIONAL SUPPORT EXPENSES, IF APPLICABLE. THE UNIVERSITY HAD NO INTEREST AND PENALTIES RELATED TO INCOME TAXES FOR THE YEARS ENDED JUNE 30, 2015 OR 2014. THE UNIVERSITY'S FEDERAL RETURNS ARE SUBJECT TO EXAMINATION GENERALLY FOR THREE YEARS AFTER THEY ARE FILED AND ITS STATE RETURNS ARE SUBJECT TO EXAMINATION GENERALLY FOR FOUR YEARS AFTER THEY ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 126,172. EXCESS WITHDRAWALS OVER INCOME EARNED FOR POOLED ENDOWMENT INVESTMENT 46,243. SPECIAL EVENT EXPENSES 157,391. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND TUITION DISCOUNTS 8,411,608. CHANGE IN VALUE/SPLIT-INTEREST AGREEMENT 9,909. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 126,172. EXCESS WITHDRAWALS OVER INCOME EARNED FOR POOLED ENDOWMENT INVESTMENTS 46,243. SPECIAL EVENT EXPENSES 157,391. CHANGE IN VALUE/INTEREST RATE SWAP AGREEMENT 50,876. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND TUITION DISCOUNTS 8,411,608. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NEWSPAPER ANNOUNCEMENTS, BROCHURES, COURSE DESCRIPTIONS SCHEDULE E, PART I, LINE 6 VARIOUS GOVERNMENT GRANTS TO PROVIDE FINANCIAL AID TO STUDENTS. 1 EUROPE 0 0 PROGRAM SERVICES TRAVEL, HOTELS, MEALS, TOURS, TUITION, SCHOLARSHIPS 120428 CENTRAL AMERICA AND CARRIBEAN 0 0 PROGRAM SERVICES TRAVEL, HOTELS, MEALS, TOURS, TUITION, SCHOLARSHIPS 14567 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES TRAVEL, HOTELS, MEALS, TOURS, TUITION, SCHOLARSHIPS 153994 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES SCHOLARSHIPS 19033 SOUTH ASIA 0 0 PROGRAM SERVICES SCHOLARSHIPS 24982 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES SCHOLARSHIPS 72016 NORTH AMERICA - CANADA AND MEXICO, BUT 0 0 PROGRAM SERVICES SCHOLARSHIPS 206229 SOUTH AMERICA 0 0 PROGRAM SERVICES SCHOLARSHIPS 15130 0 0 0 0 0 0 626379 0 626379 EUROPE TUITION 12668 CHECK EAST ASIA AND THE PACIFIC TUITION 24750 CHECK 2 SCHOLARSHIPS EAST ASIA AND THE PACIFIC 6 129244 CHECK SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA 1 19033 CHECK SCHOLARSHIPS SOUTH ASIA 1 24982 CHECK SCHOLARSHIPS SUB-SAHARAN AFRICA 3 72016 CHECK SCHOLARSHIPS NORTH AMERICA - CANADA AND MEXICO, BUT 7 206229 CHECK SCHOLARSHIPS SOUTH AMERICA 1 15130 CHECK 0 0 0 0 0 0 PART I, LINE 2: INTERNATIONAL STUDENTS RECEIVE GRANT AWARDS FOR ATTENDING THE UNIVERSITY IN THE U.S. STUDENT'S ELIGIBILITY FOR GRANT SUPPORT IS DEPENDENT ONLY ON THEIR STATUS AS AN INTERNATIONAL STUDENT. THE ADMISSIONS AND REGISTRAR'S OFFICES VERIFY THE INTERNATIONAL STUDENT STATUS USING THEIR VISAS. THE FINANCIAL AID OFFICE POSTS THE FINANCIAL AID AWARD TO THEIR AID PACKAGE AND THE BUSINESS OFFICE POSTS THE AID ON THEIR STUDENT ACCOUNT. NO PAYMENTS OF CASH ARE MADE TO INTERNATIONAL STUDENTS DIRECTLY FOR THEIR GRANT AWARDS. STARVING ARTISTS FAIR 109959 109959 6638 2129 8461 4181 WOMEN'S LEADERSHIP 118298 98370 19928 9402 10777 25832 13167 1 61520 33500 28020 28547 0 43407 4850 289777 131870 157907 44587 12906 77700 22198 157391 516 1 EDUCATIONAL SCHOLARSHIPS 788 7982392 PART I, LINE 2: EACH STUDENT IS REVIEWED BY TWO OR THREE INDIVIDUALS IN THE AWARDING PROCESS. STUDENTS ARE THEN AWARDED GRANT FUNDS BASED ON FEDERAL, STATE, AND INSTITUTIONAL REGULATIONS, GUIDELINES AND INSTITUTIONAL MATRIX. PROCEDURES FOR MONITORING FUNDS ARE ALSO BUILT INTO THE COMPUTER AWARDING SOFTWARE. X X X X X 0 0 0 0 0 0 0 0 0 EILEEN SCHWALBACH PRESIDENT 255000 0 0 0 0 0 25000 0 15995 0 295995 0 0 0 BETH WNUK VICE PRESIDENT 182728 0 0 0 0 0 4554 0 149 0 187431 0 0 0 REYES GONZALEZ VICE PRESIDENT 156907 0 0 0 0 0 10497 0 385 0 167789 0 0 0 A WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 391337855 2013-07-01 6535000 FACILITIES CONSTRUCTION 0 0 0 A 6535000 139677 6395323 0 0 1 1 A 0 0 0 0 0 0 1 A 1 0 0 0 0 0 A 1 VJS CONSTRUCTION SERVICES INC GARY JORGENSEN IS A TRUSTEE OF THE UNIVERSITY. 1136702 GARY JORGENSEN (TRUSTEE) IS A PRINCIPAL OF VJS CONSTRUCTION SERVICES, INC. MOUNT MARY CONTRACTED WITH VJS CONSTRUCTION SERVICES, INC. TO PROVIDE CONSTRUCTION MANAGEMENT SERVICES. 0 X 5 395787 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 WAS PROVIDED TO THE ENTIRE BOARD, WHICH INCLUDES THE AUDIT COMMITTEE, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C A FORM IS SIGNED ANNUALLY BY THE BOARD AND OFFICERS. THIS FORM IS SENT TO THE PRESIDENT AND MONITORED BY THAT OFFICE. FORM 990, PART VI, SECTION B, LINE 15 SALARIES ARE COMPARED TO WAICU SURVEYS. THE PRESIDENT'S SALARY GOES TO THE BOARD FOR APPROVAL FOR INCREASES. THE VICE PRESIDENT'S SALARY INCREASE APPROVALS GO TO THE PRESIDENT. THE CFO MONITORS THE PRESIDENT'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE OFFICES OF THE UNIVERSITY. FORM 990, PART XI, LINE 9: CHANGE IN VALUE/SPLIT INTEREST AGREEMENT -9,909. CHANGE IN VALUE/INTEREST RATE SWAP AGREEMENT -50,876. FORM 990, PART XII, LINE 2C THE UNIVERSITY HAS NOT CHANGED ITS OVERSIGHT PROCESS OR THE PROCESS USED TO SELECT AN INDEPENDENT ACCOUNTANT. SCHOOL SISTERS OF NOTRE DAME 13105 WATERTOWN PLANK ROAD ELM GROVE WI 53122 390806379 SPONSORING ORGANIZATION OF MOUNT MARY UNIVERSITY WI 501(C)(3) LINE 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 SCHOOL SISTERS OF NOTRE DAME C 15000 ACTUAL COST