2015-04-15T06:59:15-05:00 2014-06-30 540504608 BROWN EDWARDS & COMPANY LLP 1715 PRATT DRIVE SUITE 2700 BLACKSBURG VA 24060 990 2013-07-01 540573801 MARYMOUNT UNIVERSITY MARY 7032841480 2807 NORTH GLEBE ROAD ARLINGTON VA 222074299 MR AL DIAZ VICE PRESIDENT, FINANCIAL AFFAIRS 7032841480 2015-04-01 1 MARK WOOLWINE P00647446 5404433606 2013 2016-02-25 16:41:14Z ALPHONSO DIAZ 2807 NORTH GLEBE ROAD ARLINGTON VA 222074299 100408943 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. 30 29 1766 0 732354 15283 3075925 4533709 91737168 93886915 762264 1127596 677226 632616 96252583 100180836 17171625 17245170 0 0 45981187 45835048 94215 78453 2788612 29820002 30656960 93067029 93815631 3185554 6365205 171692672 179503603 76492236 74023306 95200436 105480297 X MARYMOUNT UNIVERSITY IS AN INDEPENDENT CATHOLIC UNIVERSITY THAT EMPHASIZES ACADEMIC EXCELLENCE AT THE UNDERGRADUATE AND GRADUATE LEVELS. COMMITTED TO THE LIBERAL ARTS TRADITION, THE UNIVERSITY COMBINES A FOUNDATION IN THE ARTS AND SCIENCES WITH CAREER PREPARATION AND OPPORTUNITIES FOR PERSONAL AND PROFESSIONAL DEVELOPMENT. MARYMOUNT IS A STUDENT-CENTERED LEARNING COMMUNITY THAT VALUES DIVERSITY AND FOCUSES ON THE EDUCATION OF THE WHOLE PERSON, PROMOTING THE INTELLECTUAL, SPIRITUAL, AND MORAL GROWTH OF EACH INDIVIDUAL. SCHOLARSHIP, LEADERSHIP, SERVICE, AND ETHICS ARE HALLMARKS OF A MARYMOUNT EDUCATION. 0 0 46128581 79633317 INSTRUCTIONAL - THE UNIVERSITY OFFERS A WIDE RANGE OF GRADUATE AND UNDERGRADUATE DEGREE PROGRAMS TO APPROXIMATELY 4,039 STUDENTS. EXPENSES INCLUDE SALARIES AND BENEFITS FOR 162 FULL-TIME FACULTY. 17245170 17245170 SCHOLARSHIP ALLOWANCES - PROVIDE OPPORTUNITIES FOR THOSE WHO WOULD NOT BE ABLE TO COMPLETE THEIR COLLEGE EDUCATION WITHOUT FINANCIAL ASSISTANCE. 4286606 14095240 AUXILIARY SERVICES - PROVIDES HOUSING, FOOD AND HEALTH SERVICES TO APPROXIMATELY 884 RESIDENTIAL STUDENTS. 67660357 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1766 1 1 1 0 0 0 0 0 0 0 0 0 X 30 29 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 MARLENE MALEK VICE CHAIRMAN 0.00 X 0 0 0 ROSE ANN BENTE LEE SECRETARY 0.00 X 0 0 0 STEPHEN E ALLIS TRUSTEE 0.00 X 0 0 0 SR CLEVIE YOUNGBLOOD RSHM TRUSTEE 0.00 X 0 0 0 NICHOLAS CAROSI III 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 MICHAEL HEGARTY 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 ROBERT P NIRSCHL MD MS TRUSTEE 0.00 X 0 0 0 YONG KIM TRUSTEE 0.00 X 0 0 0 KATHLEEN CONNELL RSHM TRUSTEE 0.00 X 0 0 0 STEPHEN J MCKENNA TRUSTEE 0.00 X 0 0 0 EDWARD H BERSOFF TRUSTEE 0.00 X 0 0 0 JUSTINE D'ANDREA POPE TRUSTEE 0.00 X 0 0 0 LOLA C REINSCH TRUSTEE 0.00 X 0 0 0 CARMELITA H TREACY TRUSTEE 0.00 X 0 0 0 JOSEPH MAURELLI CHAIRMAN 0.00 X 0 0 0 MARGARET ELLEN FLANNELLY RSHM TRUSTEE 0.00 X 0 0 0 WILLIAM C HOOVER TRUSTEE 0.00 X 0 0 0 VIRGINIA I LAYTHAM TRUSTEE 0.00 X 0 0 0 DR MATTHEW D SHANK PRESIDENT 40.00 X X 317010 0 23881 ANGELA DIAZ 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 SUSAN LACZ TRUSTEE 0.00 X 0 0 0 JERI LYNN WILSON LASSITER TRUSTEE 0.00 X 0 0 0 TALAL MOUNIR NSOULI TRUSTEE 0.00 X 0 0 0 MATTHEW J QUINN PHD TRUSTEE 0.00 X 0 0 0 DR RALPH KIDDER VP OF FINANCIAL AFFAIRS 40.00 X 205679 0 17223 MR MICHAEL SCHUCHERT ASSOCIATE VP PLANNING & INSTITUTIONAL EFFECTIVENES 40.00 X 130329 0 12964 DR SHERRY HUGHES VP OF ACADEMIC AFFAIRS 40.00 X 163802 0 16645 MR JOSEPH FOSTER VP OF DEVELOPMENT 40.00 X 166654 0 492 ROSEMARY M HUBBARD PROFESSOR 40.00 X 114293 0 20226 ZARY MOSTASHARI DEAN 40.00 X 125581 0 29581 GEORGE D CHEATHAM JR DEAN 40.00 X 141585 0 36945 JAMES RYERSON DEAN 40.00 X 136018 0 34857 WILLIAM MILLER PROFESSOR 40.00 X 107199 0 47967 1608150 0 240781 46 0 1 0 SODEXHO INC AFFILIATES 500 ROSS ST 154-0455 PITTSBURG PA 15262 FOOD SERVICES 4093507 ARAMARK FACILITY SERVICES 24818 NETWORK PLACE CHICAGO IL 60673 FACILITY SERVICES 1041554 GRUNLEY CONSTRUCTION COMPANY INC 15020 SHADY GROVE ROAD SUITE 500 ROCKVILLE MD 20850 CONSTRUCTION COMPANY 591821 HITT CONTRACTING INC 2900 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042 CONSTRUCTION COMPANY 557461 WASHINGTON RESEARCH LIBRARY CONSORTIUM 255 N WASHINGTON STREET ROCKVILLE MD 20850 LIBRARY SERVICES 540965 15 4533709 4533709 TUITION 611310 79633317 79633317 AUXILIARY SERVICES 532000 12205691 12132771 14300 58620 FEES 611710 2047907 1962469 85438 93886915 899489 899489 456214 228107 228107 228107 228107 SUMMER CAMPS 721000 533601 533601 BOOKSTORE 451211 99015 99015 632616 100180836 93728557 732354 1186216 17245170 17245170 4362032 3368145 825587 168300 33273864 26509541 5907876 856447 2201778 1700957 434457 66364 3391333 2484184 768260 138889 2606041 2059912 473228 72901 1872493 1165911 514102 192480 197194 7653 189541 73819 73819 78453 78453 836453 201875 630989 3589 615887 60109 83705 472073 2438667 1817317 209615 411735 1835213 1358071 451739 25403 4588 4241 272 75 4738278 2059341 2678937 1923782 1719449 97763 106570 221470 197102 13557 10811 2222027 2222027 4817051 4817051 490443 13564 476879 UBIT TAXES 35000 35000 AUXILIARY SERVICES 4286606 3791695 404501 90410 OTHER EXPENSES 1960483 1032130 865371 62982 REPAIRS & MAINTENANCE 1140532 159705 980127 700 946974 704285 212259 30430 93815631 67660357 23366662 2788612 13365086 11911780 1670537 1891134 4472512 5084435 1252357 1160134 1293380 1283846 182814103 64983154 114268891 117830949 34836751 39844994 533158 496331 171692672 179503603 5743816 5633235 4930114 4427375 54316089 52097444 8572363 9274882 2929854 2590370 76492236 74023306 X 62052215 68351233 24104609 27457348 9043612 9671716 95200436 105480297 171692672 179503603 X 6365205 3495344 419312 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 219140 219140 0 32603376 1269463 4456457 630512 -96025 37794809 22956872 7890684 2315524 560825 -1121 32603376 23083029 1073394 -724757 457053 17741 22956872 19549677 403923 3621067 491638 23083029 17893581 331519 1732149 408791 -1519 19549677 0.37080 0.25590 0.37330 1 0 7408448 7408448 127831908 27098279 100733629 26834733 23261322 3573411 20739014 14623553 6115461 117830949 CASH AND CASH EQUIVALENTS 988927 F FIXED INCOME SECURITIES 2311504 F CORPORATE OBLIGATIONS 5001385 F EQUITY SECURITIES 10956976 F MUTUAL FUNDS 12532991 F FUNDS HELD IN TRUST BY OTHERS 7389000 F ALTERNATIVE INVESTMENTS 664211 F 39844994 INTEREST RATE SWAP AGREEMENT LIABILITY 2590370 2590370 X 86850321 3495345 339484 3834829 83015492 17165344 17165344 100180836 76570460 0 76570460 17245171 17245171 93815631 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 UNIVIERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FEDERAL FORM 990S FOR 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 339,484. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCES 17,165,344. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCES 17,165,344. ADJUSTMENT TO RESEARCH GRANTS, FELLOWSHIPS & STIPENDS FOR GRADUATE STUDENTS 79,827. 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 - $222,978; PELL - $2,803,797; SEOG - $102,365; PERKINS - $103,400; FFELP- $32,880,112; NFLP - $9,655 TOTAL FEDERAL GRANTS - $36,122,307 STATE GRANTS: DISTRICT OF COLUMBIA - $81,250; DISTRICT OF COLUMBIA-CAP PROGRAM - $37,840; PENNSYLVANIA GRANT - $7,000; RHODE ISLAND - $375; VERMONT, SSIG GRANT - $350; VIRGINIA TEACHING SCHOLARSHIP - $16,667; VIRGINIA CSAP GRANT - $1,000; VIRGINIA TAG GRANT - $2,679,940 TOTAL STATE GRANTS - $2,824,422 TOTAL FEDERAL AND STATE GRANTS = $38,946,729 X X X X X X X 1 HARRIS LITHOGRAPHICS 8516 RAINSWOOD DRIVE LANDOVER MD 20785 MAIL / PHONE FUNDERAISER 0 0 11470 -11470 TRAYPML PO BOX 2830 GLEN BURNIE MD 20160 MAILING HOUSE 0 0 10909 -10909 ASAP MAILING & FULLFILLMENT CENTER 4600 EISENHOWER AVENUE ALEXANDRIA VA 22304 MAILING HOUSE 0 0 1754 -1754 FMB ADVERTISING 145 S GAY STREET KNOXILLE TN 37902 MAIL / PHONE FUNDERAISER 0 0 133205 -133205 157338 -157338 VA WV NJ PA NY CT FL DE AL CA IL TX AZ MA MD NC OH SC 1 STUDENT AID PROVIDED BY VARIOUS SCHOLARSHIPS AND OTHERTUITION SUPPORT 1704 16123054 NON CASH GRANTS AND OTHER ASSISTANCE PROVIDED TO STUDENTS 255 1122116 X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 DR MATTHEW D SHANK PRESIDENT 289010 0 28000 0 0 0 20456 0 3425 0 340891 0 0 0 DR RALPH KIDDER VP OF FINANCIAL AFFAIRS 200679 0 5000 0 0 0 16146 0 1077 0 222902 0 0 0 DR SHERRY HUGHES VP OF ACADEMIC AFFAIRS 160302 0 3500 0 0 0 13618 0 3027 0 180447 0 0 0 MR JOSEPH FOSTER VP OF DEVELOPMENT 164154 0 2500 0 0 0 0 0 492 0 167146 0 0 0 ZARY MOSTASHARI DEAN 125581 0 0 0 0 0 25395 0 4186 0 155162 0 0 0 GEORGE D CHEATHAM JR DEAN 141585 0 0 0 0 0 30153 0 6792 0 178530 0 0 0 JAMES RYERSON DEAN 136018 0 0 0 0 0 29040 0 5817 0 170875 0 0 0 WILLIAM MILLER PROFESSOR 107199 0 0 0 0 0 33694 0 14273 0 155166 0 0 0 PART I, LINE 1A DR. MATTHEW D. SHANK, PRESIDENT, RECEIVES THE USE OF A UNIVERSITY-OWNED PRIVATE DWELLING, INCLUDING CLEANING SERVICES, PRUSUANT TO THE TERMS OF HIS EMPLOYMENT CONTRACT. A BRANCH BANKING & TRUST COMPANY 540294670 NONEAVAIL 2009-03-03 40000000 CONSTRUCTION OF ACADEMIC FACILITY 0 0 0 A 2700000 40000000 219129 39780871 2011 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 1 1 BRANCH BANKING & TRUST COMPANY 10.000000000000 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION B, LINE 11 THE VICE PRESIDENT FOR FINANCIAL AFFAIRS AND TREASURER OF THE UNIVERSITY PRESENTS A DRAFT OF THE FORM 990 TO THE AUDIT 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 THE AUDIT COMMITTEE TO THE FULL BOARD OF TRUSTEES AT A REGULARLY SCHEDULED BOARD MEETING. THE BOARD VOTES ON THE RECOMMENDATION OF THE AUDIT 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: DR. RALPH D. KIDDER, VICE PRESIDENT FOR FINANCIAL AFFAIRS, 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 339,484. ADJUSTMENT TO RESEARCH GRANTS, FELLOWSHIPS & STIPENDS FOR GRADUATE STUDENTS 79,828.