2016-04-06T12:44:56-05:00 2015-06-30 540504608 BROWN EDWARDS & COMPANY LLP 1715 PRATT DRIVE SUITE 2700 BLACKSBURG VA 24060 990 2014-07-01 540573801 MARYMOUNT UNIVERSITY MARY 7032841480 2807 NORTH GLEBE ROAD ARLINGTON VA 222074299 MR AL DIAZ VICE PRESIDENT, FINANCIAL AFFAIRS 7032841480 2016-04-01 1 MARK WOOLWINE P00647446 5404433606 2014 2016-08-17 19:52:53Z ALPHONSO DIAZ 2807 NORTH GLEBE ROAD ARLINGTON VA 222074299 100565163 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. 25 25 1718 0 544145 -42428 4533709 3283479 93886915 95504756 1127596 -3460435 632616 408732 100180836 95736532 17245170 18865015 0 0 45835048 46783837 78453 23160 2784049 30656960 33044083 93815631 98716095 6365205 -2979563 179503603 206155613 74023306 104220564 105480297 101935049 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 47421275 81305019 INSTRUCTIONAL - THE UNIVERSITY OFFERS A WIDE RANGE OF GRADUATE AND UNDERGRADUATE DEGREE PROGRAMS TO APPROXIMATELY 3,441 STUDENTS. EXPENSES INCLUDE SALARIES AND BENEFITS FOR 158 FULL-TIME FACULTY. 18865015 18865015 SCHOLARSHIP ALLOWANCES - PROVIDE OPPORTUNITIES FOR THOSE WHO WOULD NOT BE ABLE TO COMPLETE THEIR COLLEGE EDUCATION WITHOUT FINANCIAL ASSISTANCE. 4102688 13976574 AUXILIARY SERVICES - PROVIDES HOUSING, FOOD AND HEALTH SERVICES TO APPROXIMATELY 805 RESIDENTIAL STUDENTS. 70388978 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 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 1718 1 1 1 0 0 0 0 0 0 0 0 0 X 25 25 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 COURTNEY BANK-SPAETH TRUSTEE 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 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 TALAL MOUNIR NSOULI TRUSTEE 0.00 X 0 0 0 JUSTINE DANDREA POPE TRUSTEE 0.00 X 0 0 0 MATTHEW J QUINN PHD TRUSTEE 0.00 X 0 0 0 LOLA C REINSCH 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 X 340678 0 24156 ALPHONSO V DIAZ VP OF FINANCIAL AFFAIRS 40.00 X 125504 0 9372 DR RALPH KIDDER FORMER VP OF FINANCIAL AFFAIRS 40.00 X 121742 0 8484 DR SHERRY HUGHES VP OF ACADEMIC AFFAIRS 40.00 X 174139 0 18100 LINDA MCMURDOCK VP STUDENT AFFAIRS 40.00 X 82110 0 268 MR JOSEPH FOSTER VP OF DEVELOPMENT 40.00 X 171097 0 14021 MR MICHAEL SCHUCHERT ASSOCIATE VP PLANNING & IN 40.00 X 131841 0 12775 GEORGE D CHEATHAM JR DEAN 40.00 X 148330 0 6045 TODD A RIMKUS PROFESSOR 40.00 X 140004 0 13745 JAMES RYERSON DEAN 40.00 X 137775 0 12660 LOIS STOVER DEAN 40.00 X 141833 0 4681 DIANE R MURPHY PROFESSOR 40.00 X 135855 0 12266 1850908 0 136573 65 1 1 0 SODEXHO INC AFFILIATES PO BOC 536922 ATLANTA GA 303526922 FOOD SERVICES 3530228 FMB ADVERTISING 141 SOUTH GAY STREET KNOXVILLE TN 37902 MARKETING, BRANDING & ADVERTISING 1350897 ARAMARK FACILITY SERVICES 27310 NETWORK PLACE CHICAGO IL 606731273 FACILITY SERVICES 1065438 GENSLER 4541 COLLECTION CENTER DRIVE CHICAGO IL 60693 ARCHITECTURE & DESIGN SERVICES 948595 PRESIDIO NETWORKED SOLUTIONS PO BOX 82219 PHILADELPHIA PA 191822169 COMMUNICATION & NETWORKING 547074 20 3283479 3283479 TUITION 611310 81305019 81305019 AUXILIARY SERVICES 532000 11734697 11714571 20126 FEES 611710 2465040 2349753 115287 95504756 1086818 1086818 281378 562756 4265875 -281378 -4265875 -4547253 -4547253 SUMMER CAMPS 721000 311384 311384 BOOKSTORE 451211 97348 97348 408732 95736532 95369343 544145 -3460435 18865015 18865015 3027168 1792894 1058874 175400 34942856 27749200 6752764 440892 2202623 1781848 379059 41716 3919510 2923702 911796 84012 2691680 2158460 491032 42188 2841495 1170687 1023305 647503 215581 15605 199976 95042 95042 23160 23160 124875 123700 1175 1067761 109702 130914 827145 2224592 1898045 263347 63200 2224101 1750154 417449 56498 2051 2051 4418884 1844816 2569668 4400 2284455 2109603 76872 97980 229245 194465 23059 11721 2942648 2942648 4813777 4813777 606185 70646 535539 AUXILIARY SERVICES 4102688 3568612 451289 82787 OTHER EXPENSES 2403850 1128843 1108834 166173 REPAIRS & MAINTENANCE 1467278 406958 1052651 7669 MEMBERSHIP DUES 878857 657442 218456 2959 100718 66530 26717 7471 98716095 70388978 25543068 2784049 11911780 14008107 1891134 916070 5084435 6210252 1160134 1108027 1283846 1005357 183387555 67047340 117830949 116340215 28019143 27382925 11825851 37242954 496331 1941706 179503603 206155613 5633235 7579518 4427375 5590585 52097444 69347511 9274882 21702950 2590370 0 74023306 104220564 X 68351233 65319105 27457348 26903000 9671716 9712944 105480297 101935049 179503603 206155613 X -2979563 -676055 110370 X 0 1 X 1 1 1 X 1734148 4044934 3075925 4533709 3283479 16672195 1734148 4044934 3075925 4533709 3283479 16672195 16672195 695644 512061 801757 899489 1086818 3995769 152202 292219 174547 16283 635251 21303215 447222347 0.78260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 219140 0 37794809 438761 -90353 570083 97624 37475510 32603376 1269463 4456457 630512 -96025 37794809 22956872 7890684 2315524 560825 -1121 32603376 23083029 1073394 -724757 457053 17741 22956872 19549677 403923 3621067 491638 23083029 0.36600 0.25920 0.37480 1 0 7408448 7408448 121612659 26854742 94757917 27953644 24856387 3097257 26412804 15336211 11076593 116340215 CASH AND CASH EQUIVALENTS 683228 F FUNDS HELD IN TRUST BY OTHERS 7429418 F ALTERNATIVE INVESTMENTS 1319910 F FUNDS HELD FOR INVESTMENT IN LAND BUILDINGS AND EQUIPMENT 17652900 F FUNDS HELD IN RESERVE BY DEBT AGREEMENTS 9418000 F MUTUAL FUNDS VARIOUS ASSET ALLOCATIONS 739498 F 37242954 X 76980042 -676055 110370 -565685 77545727 18190805 18190805 95736532 80525290 0 80525290 18190805 18190805 98716095 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 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF INTEREST RATE SWAP 110,370. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCES 18,190,805. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCES 18,190,805. 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 - $266,492; PELL - $2,824,465; SEOG - $119,884; PERKINS - $125,200; FFELP- $33,959,576 TOTAL FEDERAL GRANTS - $37,295,617 STATE GRANTS: DISTRICT OF COLUMBIA - $90,000; DISTRICT OF COLUMBIA-CAP PROGRAM - $26,910; PENNSYLVANIA GRANT - $4,250; RHODE ISLAND - $500; VERMONT, SSIG GRANT - $2,250; VIRGINIA TEACHING SCHOLARSHIP - $16,667; VIRGINIA TAG GRANT - $2,432,634; VIRGINIA GEAR UP- $6,000 TOTAL STATE GRANTS - $2,579,211 TOTAL FEDERAL AND STATE GRANTS = $39,874,828 X X X X X X X 1 ASAP MAILING & FULLFILLMENT CENTER 4600 EISENHOWER AVENUE ALEXANDRIA VA 22304 MAILING HOUSE 0 0 1230 -1230 FMB ADVERTISING 145 S GAY STREET KNOXILLE TN 37902 MAIL / PHONE FUNDRAISER 0 0 5179 -5179 JESSICA C HASTINGS AKA COLEMAN HAS 905 TURKEY FOOT ROAD LEXINGTON KY 40502 PHONE FUNDRAISER 0 0 14255 -14255 PRINTING & GRAPHICS COMPANY 7813 DELANO ROAD CLINTON MD 20735 MAILING HOUSE 0 0 2496 -2496 23160 -23160 VA WV NJ PA NY CT FL DE AL CA IL TX AZ MA 1 STUDENT AID PROVIDED BY VARIOUS SCHOLARSHIPS AND OTHERTUITION SUPPORT 1683 17848811 NON CASH GRANTS AND OTHER ASSISTANCE PROVIDED TO STUDENTS 262 1016204 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 340678 0 0 0 0 0 21200 0 2956 0 364834 0 0 0 DR RALPH KIDDER FORMER VP OF FINANCIAL AFFAIRS 121742 0 0 0 0 0 8216 0 268 0 130226 0 0 0 DR SHERRY HUGHES VP OF ACADEMIC AFFAIRS 174139 0 0 0 0 0 15144 0 2956 0 192239 0 0 0 MR JOSEPH FOSTER VP OF DEVELOPMENT 171097 0 0 0 0 0 13693 0 328 0 185118 0 0 0 GEORGE D CHEATHAM JR DEAN 148330 0 0 0 0 0 5153 0 892 0 154375 0 0 0 TODD A RIMKUS PROFESSOR 140004 0 0 0 0 0 10853 0 2892 0 153749 0 0 0 JAMES RYERSON DEAN 137775 0 0 0 0 0 11488 0 1172 0 150435 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 A 69347511 4286750 1250741 55761970 8046926 1 0 0 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 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 SUMMER OF 2012. 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. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP 110,370. SCHEDULE K, PART I(F) 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