2014-02-15T14:03:56-06:00 2013-06-30 540504608 BROWN EDWARDS & COMPANY LLP 319 MCCLANAHAN ST ROANOKE VA 24014 990 2012-07-01 540573801 MARYMOUNT UNIVERSITY MARY 7032841480 2807 NORTH GLEBE ROAD ARLINGTON VA 222074299 DR RALPH KIDDER 7032841480 2014-02-17 1 MARK WOOLWINE P00647446 5403450936 2012 2015-11-30 17:44:51Z DR RALPH KIDDER 2807 NORTH GLEBE ROAD ARLINGTON VA 222074299 96331569 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 1846 0 773960 173547 4044934 3075925 85779878 91737168 2120490 762264 596182 677226 92541484 96252583 15560507 17171625 0 0 42912716 45981187 0 94215 3101013 26549710 29820002 85022933 93067029 7518551 3185554 166555807 171692672 79603208 76492236 86952599 95200436 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 45123957 78665095 INSTRUCTIONAL - THE UNIVERSITY OFFERS A WIDE RANGE OF GRADUATE AND UNDERGRADUATE DEGREE PROGRAMS TO APPROXIMATELY 4,233 STUDENTS. EXPENSES INCLUDE SALARIES AND BENEFITS FOR 157 FULL-TIME FACULTY. 17171625 17171625 SCHOLARSHIP ALLOWANCES - PROVIDE OPPORTUNITIES FOR THOSE WHO WOULD NOT BE ABLE TO COMPLETE THEIR COLLEGE EDUCATION WITHOUT FINANCIAL ASSISTANCE. 3840444 12904359 AUXILIARY SERVICES - PROVIDES HOUSING, FOOD AND HEALTH SERVICES TO APPROXIMATELY 920 RESIDENTIAL STUDENTS. 66136026 1 1 0 0 0 0 0 0 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 1846 1 1 1 1 UK 0 0 0 0 0 0 0 0 X 30 29 0 0 1 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 0.00 X 0 0 0 ROSE ANN BENTE LEE 0.00 X 0 0 0 STEPHEN E ALLIS 0.00 X 0 0 0 SR CLEVIE YOUNGBLOOD RSHM 0.00 X 0 0 0 NICHOLAS CAROSI III 0.00 X 0 0 0 SR MARTINA CROWLEY RSHM 0.00 X 0 0 0 MARIA COAKLEY DAVID 0.00 X 0 0 0 MICHAEL HEGARTY 0.00 X 0 0 0 BRIGID DRISCOLL RSHM 0.00 X 0 0 0 ROBERT FITCH 0.00 X 0 0 0 ROBERT NIRSCHL MD MS 0.00 X 0 0 0 YONG KIM 0.00 X 0 0 0 KATHLEEN CONNELL RSHM 0.00 X 0 0 0 STEPHEN J MCKENNA 0.00 X 0 0 0 EDWARD H BERSOFF 0.00 X 0 0 0 JUSTINE D'ANDREA POPE 0.00 X 0 0 0 LOLA C REINSCH 0.00 X 0 0 0 CARMELITA H TREACY 0.00 X 0 0 0 JOSEPH MAURELLI 0.00 X 0 0 0 MARGARET ELLEN FLANNELLY RSHM 0.00 X 0 0 0 WILLIAM HOOVER 0.00 X 0 0 0 VIRGINIA LAYTHAM 0.00 X 0 0 0 DR MATTHEW D SHANK 40.00 X X 301755 0 19900 ANGELA DIAZ 0.00 X 0 0 0 MICHAEL P FITZERALD 0.00 X 0 0 0 SCOTT HAMBERGER 0.00 X 0 0 0 SUSAN LACZ 0.00 X 0 0 0 JERI LYNN WILSON LASSITER 0.00 X 0 0 0 TALAL MOUNIR NSOULI 0.00 X 0 0 0 MATTHEW J QUINN PHD 0.00 X 0 0 0 DR RALPH KIDDER 40.00 X 200647 0 21744 DR CHRIS DOMES 40.00 X 164413 0 15987 DR SHERRY HUGHES 40.00 X 158498 0 18624 MS EMILY MAHONY 40.00 X 139347 0 11300 MRS SHELLY DUTTON 40.00 X 137916 0 19605 LIANE SUMMERFIELD 40.00 X 119887 0 37009 ZARY MOSTASHARI 40.00 X 122083 0 29319 GEORGE D CHEATHAM JR 40.00 X 137416 0 35857 JAMES RYERSON 40.00 X 132586 0 33538 THERESA R CAPPELLO 40.00 X 133894 0 23109 1748442 0 265992 37 0 1 0 SODEXHO INC AFFILIATES PO BOX 536922 ATLANTA GA 30536 FOOD SERVICES 3755945 ARAMARK FACILITY SERVICES 24818 NETWORK PLACE CHICAGO IL 60673 FACILITY SERVICES 1009220 DOURON COMMERCIAL INTERIORS 30 NEW PLANT COURT OWINGS MILL MD 21117 FURNITURE COMPANY 615127 WASHINGTON RESEARCH LIBRARY CONSORTIUM 255 N WASHINGTON STREET ROCKVILLE MD 20850 LIBRARY SERVICES 540965 ACUITY AV 11301 INDUSTRIAL ROAD MANASSAS VA 20109 AUDIOVISUAL SYSTEMS 487491 15 3075925 3075925 TUITION 611310 78665095 78665095 AUXILIARY SERVICES 532000 11241547 11154832 15735 70980 FEES 611710 1830526 1749527 80999 91737168 801757 801757 39493 78986 -39493 -39493 -39493 SUMMER CAMPS 721000 561798 561798 BOOKSTORE 451211 115428 115428 677226 96252583 91569454 773960 833244 17171625 17171625 2025241 1167739 546325 311177 35940253 29025862 6070957 843434 2221817 1713098 442474 66245 3023550 2315078 576560 131912 2770326 2081915 602694 85717 1674005 739806 742168 192031 159933 6740 149541 3652 133987 133987 94215 94215 1302266 118061 1184205 804753 86044 48392 670317 3070391 2457859 213566 398966 1416981 1060017 351641 5323 64680 9680 55000 4918860 1351336 3567524 1398551 1256825 101586 40140 240915 197989 32441 10485 2225939 2225939 4604946 4604946 565959 257077 308882 UBIT TAXES 115440 115440 AUXILIARY SERVICES 3840444 3413055 268546 158843 OTHER EXPENSES 1888917 877021 937004 74892 MEMBERSHIP DUES 763519 572428 186476 4615 629516 256771 363696 9049 93067029 66136026 23829990 3101013 18520337 13365086 1762342 1670537 3550612 4472512 1213966 1252357 1287973 1293380 174498993 60230102 108672144 114268891 30979669 34836751 568764 533158 166555807 171692672 10056992 5743816 4947405 4930114 59318960 61759897 956970 1128555 4322881 2929854 79603208 76492236 X 56474379 62052215 22114279 24104609 8363941 9043612 86952599 95200436 166555807 171692672 X 3185554 2702645 2359638 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22956872 7890684 2315524 560825 -1121 32603376 23083029 1073394 -724757 457053 17741 22956872 19549677 403923 3621067 491638 23083029 17893581 331519 1732149 408791 -1519 19549677 22149222 430125 -4009883 528483 147700 17893281 0.37020 0.27740 0.35240 1 0 7408448 7408448 121687929 24591050 97096879 25523652 21826352 3697300 19878964 13812700 6066264 114268891 CASH AND CASH EQUIVALENTS 1157996 F FIXED INCOME SECURITIES 2347495 F CORPORATE OBLIGATIONS 4415918 F EQUITY SECURITIES 9302965 F MUTUAL FUNDS 10265856 F FUNDS HELD IN TRUST BY OTHERS 6791000 F ALTERNATIVE INVESTMENTS 555521 F 34836751 INTEREST RATE SWAP AGREEMENT LIABILITY 2929854 2929854 X 84143241 2702645 1393027 4095672 80047569 16205014 16205014 96252583 75895404 0 75895404 17171625 17171625 93067029 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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 FOR THE FISCAL YEARS 2012, 2011, AND 2010 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 1,393,027. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCES 16,205,014. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCES 16,205,014. ADJUSTMENT TO RESEARCH GRANTS, FELLOWSHIPS & STIPENDS FOR GRADUATE STUDENTS 966,611. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 PUBLISHED THROUGH NEWSPAPER ADVERTISEMENTS AND UNIVERSITY PUBLICATIONS, CATALOGS, ETC. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE 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 - $249,883; PELL - $2,805,989; SEOG - $116,692; PERKINS - $118,800; FFELP- $32,035,662; NFLP - $72,918 TOTAL FEDERAL GRANTS - $35,399,944 STATE GRANTS: DISTRICT OF COLUMBIA - $85,000; DISTRICT OF COLUMBIA-CAP PROGRAM - $9,315; PENNSYLVANIA GRANT - $4,501; RHODE ISLAND - $1,400; VERMONT, SSIG GRANT - $7,650; VIRGINIA TEACHING SCHOLARSHIP - $9,300; VIRGINIA CSAP GRANT - $32,601; VIRGINIA TAG GRANT - $2,445,018 TOTAL STATE GRANTS - $2,594,785 TOTAL FEDERAL AND STATE GRANTS = $37,994,729 X X X X X X X 1 HARRIS CONNECT INC 1511 ROUTE 22 STE C-25 BREWSTER NY 10509 MAIL / PHONE FUNDERAISER 0 0 94215 0 HOUSE OF PRINTING INC 15401 OLD COLUMBIA PIKE BURTONSVILLE MD 20866 MAILING HOUSE 0 0 7385 0 ASAP MAILING & FULLFILLMENT CENTER 4600 EISENHOWER AVENUE ALEXANDRIA VA 22304 MAILING HOUSE 0 0 13106 0 FMB ADVERTISING 145 S GAY STREET KNOXILLE TN 37902 MAILING HOUSE 0 0 9566 0 124272 VA WV NJ PA NY CT FL DE AL CA DC GA IL TX AZ MA MD NC OH SC 1 STUDENT AID PROVIDED BY VARIOUS SCHOLARSHIPS AND OTHERTUITION SUPPORT 2733 15719892 NON CASH GRANTS AND OTHER ASSISTANCE PROVIDED TO STUDENTS 253 1451733 X X 1 1 X X X X 1 0 0 0 0 0 0 0 0 DR MATTHEW D SHANK 281903 0 19852 0 0 0 8632 0 11268 0 321655 0 0 0 DR RALPH KIDDER 193817 0 6830 0 0 0 15753 0 5991 0 222391 0 0 0 DR CHRIS DOMES 161168 0 3245 0 0 0 13110 0 2877 0 180400 0 0 0 DR SHERRY HUGHES 154924 0 3574 0 0 0 12800 0 5824 0 177122 0 0 0 MS EMILY MAHONY 139347 0 0 0 0 0 11134 0 166 0 150647 0 0 0 MRS SHELLY DUTTON 134278 0 3638 0 0 0 11248 0 8357 0 157521 0 0 0 LIANE SUMMERFIELD 119887 0 0 0 0 0 29080 0 7929 0 156896 0 0 0 ZARY MOSTASHARI 122083 0 0 0 0 0 25015 0 4304 0 151402 0 0 0 GEORGE D CHEATHAM JR 137416 0 0 0 0 0 29527 0 6330 0 173273 0 0 0 JAMES RYERSON 132586 0 0 0 0 0 28108 0 5430 0 166124 0 0 0 THERESA R CAPPELLO 133894 0 0 0 0 0 22717 0 392 0 157003 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. PART I, LINE 4A EMILY MAHONY, VICE PRESIDENT OF DEVELOPMENT RECEIVED A SERVANCE PAYMENT OF $115,330.00. A BRANCH BANKING & TRUST COMPANY 540294670 NONEAVAIL 2009-03-03 40000000 CONSTRUCTION OF ACADEMIC FACILITY 0 0 0 A 1200000 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 FORM 990, PART VI, SECTION A, LINE 4 CHANGES WERE MADE TO THE ACTICLES OF INCORPORATION AND BYLAWS TO ESTABLISH TERM LIMITS FOR TRUSTEES. 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP 1,393,027. ADJUSTMENT TO RESEARCH GRANTS, FELLOWSHIPS & STIPENDS FOR GRADUATE STUDENTS 966,611.