2013-05-14T08:23:22-05:00 2012-06-30 BKD LLP 200 E Main St Suite 700 Fort Wayne IN 46802 990 2011-07-01 362167804 NATIONAL-LOUIS UNIVERSITY % MARTY MICKEY VP FINANCE NATI 8479475580 1000 CAPITOL DRIVE WHEELING IL 60090 MARTY MICKEY 2013-05-15 true Joyce A Dulworth 2604604000 2011 2016-03-07 17:11:31Z MARTY MICKEY 1000 CAPITOL DRIVE WHEELING IL 60090 105879082 false X www.nl.edu X 1912 IL NATIONAL-LOUIS UNIVERSITY PROVIDES ACCESS TO HIGHER EDUCATION THAT NURTURES OPPORTUNITY FOR STUDENTS THROUGH INNOVATIVE TEACHING, SCHOLARSHIP, COMMUNITY ENGAGEMENT, AND SERVICE EXCELLENCE. 16 16 1574 16 0 0 9751725 11742038 76591248 69095167 3388349 -1403766 383896 -95972 90115218 79337467 3100637 3874503 0 0 51394981 44846613 0 0 1235012 36938926 36146359 91434544 84867475 -1319326 -5530008 109990233 102111379 54495429 53537892 55494804 48573487 X NATIONAL-LOUIS UNIVERSITY'S MISSION IS TO DEVELOP HIGHLY COMPETENT AND HUMANE INDIVIDUALS TO SERVE AND LEAD IN AN INCREASINGLY DIVERSE AND GLOBAL SOCIETY. CENTRAL TO THIS MISSION IS A COMMITMENT TO LIFE-LONG AND ACTIVE ENGAGEMENT IN LEARNING. AS AN INDEPENDENT, NOT-FOR-PROFIT UNIVERSITY THAT VALUES TEACHING, NLU LINKS TESTED THEORY AND PRACTICE WITH THE ON-GOING EXPERIENCES OF ITS STUDENTS. false false 67212189 3874503 69102960 INSTRUCTION - THE UNIVERSITY SERVED THE FOLLOWING NUMBER OF STUDENTS IN ITS VARIOUS PROGRAMS OF INSTRUCTIONS: NATIONAL COLLEGE OF EDUCATION: 4,090 COLLEGE OF ARTS AND SCIENCES: 1,844 COLLEGE OF MANAGEMENT AND BUSINESS: 966 NO COLLEGE DESIGNATED: 2,474 TOTAL: 9,374 9179495 PUBLIC SERVICE - THE UNIVERSITY PROVIDES A NUMBER OF EDUCATIONAL AND CULTURAL PROGRAMS FOR THE GENERAL COMMUNITY. 76391684 true true false false false false false false false true true false false false true false true false true true true false true false true false false false true true false false false false false false false false false false false false false true false false false false true 290 0 true 1574 true false false false false false true true false false false false X 16 16 false false false false false false false true true false false true true true true true true true true false X MARTY MICKEY VP FINANCE 8479475580 1000 CAPITOL DRIVE WHEELING IL 60090 X Richard M Ross Jr 1.0 X Margaret L Moreland 1.0 X Douglas D Ryan 1.0 X Joseph M Kunze 1.0 X Shannon A Brown 1.0 X Brendan Carroll 1.0 X Mark A Chudzinski 1.0 X David A Helfand 1.0 X Rhonda L Hopps 1.0 X R Tighe Magnuson 1.0 X Roxane McLean 1.0 X Kathleen P Nixon 1.0 X Sheila T Romano EdD 1.0 X Scott S Smith 1.0 X Mario M Tricoci 1.0 X Gregory A White 1.0 X Nivine Megahed PhD 50.0 X 397712 0 31896 Christine Quinn 50.0 X 227413 0 22736 Douglas K Kay Left 612 50.0 X 190181 0 21007 Thomas Bergmann 50.0 X 153988 0 20513 Bobbi Biringer Effective 511 50.0 X 91088 3318 Marty Mickey Effective 512 50.0 X 96130 0 18112 McCeil Johnson 50.0 X 94677 9385 Joselyn Zivin 50.0 X 157511 0 13441 George Litman Until 711 50.0 X 137043 0 16775 William Roberts left 412 50.0 X 139396 0 15492 Costas Spirou 40.0 X 128054 0 15860 Diane German 40.0 X 134111 0 16303 Paula Bloom 40.0 X 131180 0 16965 Alison Hilsabeck 40.0 X 142938 0 14726 Carol Melnick 40.0 X 150800 0 8904 Kathleen Walsh 50.0 X 121393 12513 2493615 0 257946 30 true true false SUNGARD HIGHER EDUCATION 300 MAITLAND CENTER PKWY MAITLAND FL 32751 IT SERVICES 3783833 Academy for Urban School Leadership 3400 N Austin CHICAGO IL 60634 Teaching Services 2849551 Synergy Creative 1304 W Washington Blvd CHICAGO IL 60607 Advertising 973825 IkonRicoh Office Solutions PO Box 534777 ATLANTA GA 30353 Copy/Mail Services 546393 Registry for College Univ Pres 3 Centennial Dr PEABODY MA 01960 PERSONNEL SERVICES 357390 11 243610 8053799 3444629 11742038 TUITION AND FEES 611710 67021068 67021068 SALES AND SERVICES OF EDUCATIONAL ACTIVITIES 611710 1629782 1629782 AUXILIARY ENTERPRISES 721000 444317 444317 69095167 662893 662893 0 0 94248 134512 -40264 -40264 -40264 24219939 26286598 -2066659 -2066659 -2066659 16740 243610 120505 -103765 -103765 0 0 OTHER 900099 48057 48057 48057 79337467 69102960 -1507531 0 3874503 3874503 0 0 2192047 861959 1330088 0 32842280 30581170 1650554 610556 1603660 1477586 93809 32265 5595245 5209873 281312 104060 2613381 2407925 152875 52581 0 596907 596907 91248 91248 0 0 0 5966320 5361372 475339 129609 2518097 2464512 32928 20657 267354 116948 147969 2437 3014038 3014038 0 9942953 9505489 373408 64056 897816 802452 66389 28975 0 921568 744214 123881 53473 716382 666670 36288 13424 0 2820115 2624417 142854 52844 373784 348062 18777 6945 INSTRUCTIONAL MATERIALS 694923 676819 4841 13263 EMPLOYEE SEPARATION EXPENSE 3425000 3385178 39822 OTHER 3899854 2268497 1581490 49867 84867475 76391684 7240779 1235012 0 0 14738113 12435807 251566 55177 14129763 13684571 0 0 0 0 1347579 1313159 34612 0 2107641 1955868 67313079 23402754 47458115 43910325 27254243 24928971 2668601 3827501 0 0 0 0 0 0 109990233 102111379 14962296 15672663 0 0 10427683 9759779 27900000 26900000 0 0 0 0 0 0 0 0 1205450 1205450 54495429 53537892 X 41766840 34919323 4428443 4161577 9299521 9492587 55494804 48573487 109990233 102111379 X -5530008 -1391309 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29343413 193066 -666509 652243 28217727 25105280 229807 4453993 445667 29343413 22925401 336778 2213258 370157 25105280 25909244 -2541253 442590 22925401 0.61000 0.39000 false false 0 1504611 1504611 0 40261471 9181813 31079658 0 8233724 4097600 4136124 0 9544084 7209298 2334786 0 7769189 2914043 4855146 43910325 0 ADV. FROM GOVERNMENT - PERKINS LOAN 1205450 1205450 79337467 84867475 -5530008 802791 -2194100 -1391309 -6921317 76520772 802791 255017 1057808 75462964 3874503 3874503 79337467 81247989 255017 255017 80992972 3874503 3874503 84867475 SCHEDULE D PART V THE UNIVERSITY'S ENDOWMENT ASSETS INCLUDE ASSETS THAT ARE CHARACTERIZED AS PERMANENTLY RESTRICTED AND QUASI-ENDOWMENT. SPENDING OF INCOME FROM THE PERMANENTLY RESTRICTED ENDOWMENT IS RESTRICTED TO THOSE DESIGNATIONS AS PROVIDED BY THE DONOR OF THE PERMANENTLY RESTRICTED FUND. SPENDING OF INCOME FROM THE QUASI-ENDOWMENT IS DESIGNATED BY THE UNIVERSITY'S BOARD OF TRUSTEES AND HELPS TO FUND THE OPERATIONS OF THE UNIVERSITY. SCHEDULE D PART XII, LINE 2D EXPENSES OF -$134,512 RELATED TO THE UNIVERSITY'S RENTAL INCOME ACTIVITIES WERE INCLUDED IN THE EXPENSE SECTION OF THE UNIVERSITY'S STATEMENTS OF ACTIVITIES. EXPENSES OF -$120,505 RELATED TO THE UNIVERSITY'S FUNDRAISING ACTIVITIES WERE INCLUDED IN THE EXPENSE SECTION OF THE UNIVERSITY'S STATEMENTS OF ACTIVITIES. SCHEDULE D PART XII, LINE 4B STUDENT FINANCIAL AID IN THE AMOUNT OF $3,874,503 WAS INCLUDED IN THE INCOME SECTION OF THE UNIVERSITY'S STATEMENT OF ACTIVITIES. SCHEDULE D PART XIII, LINE 2D EXPENSES OF -$134,512 RELATED TO THE UNIVERSITY'S RENTAL INCOME ACITIVITES WERE INCLUDED IN THE EXPENSE SECTION OF THE UNIVERSITY'S STATEMENTS OF ACTIVITIES. EXPENSES OF -$120,505 RELATED TO THE UNIVERSITY'S FUNDRAISING ACTIVITIES WERE INCLUDED IN THE EXPENSE SECTION OF THE UNIVERSITY'S STATEMENTS OF ACTIVITIES. SCHEDULE D PART XIII, LINE 4B STUDENT FINANCIAL AID IN THE AMOUNT OF $3,874,503 WAS INCLUDED IN THE INCOME SECTION OF THE UNIVERSITY'S STATEMENTS OF ACTIVITIES. SCHEDULE D MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D PART V, LINE 1G OF THE $28,217,727 ENDING ENDOWMENT FUND BALANCE AT JUNE 30, 2012, $17,198,606 OF THIS AMOUNT IS UNRESTRICTED QUASI-ENDOWMENT. SCHEDULE D PART XI, LINE 8 PROPERTY REEVALUATION OF $1,191,533 AND INTEREST RATE SWAP REEVALUATION OF $1,002,567 WERE INCLUDED IN OTHER ITEMS AS EXPENSES IN THE UNIVERSITY'S STATEMENT OF ACTIVITIES. true true true true true true true false false false false false false true false true SCHEDULE E PART I, LINE 3 THE UNIVERSITY CUSTOMARILY DRAWS THE MAJORITY OF ITS STUDENTS FROM THE LOCAL COMMUNITIES IT SERVES AND IT FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS WHICH IS INCLUDED IN THE UNIVERSITY'S CATALOGS AND ADMISSION AND APPLICATION INFORMATION. FURTHER, THE UNIVERSITY'S PROMOTIONAL ACTIVITIES AND RECRUITING EFFORTS ARE REASONABLY DESIGNED TO INFORM STUDENTS OF ALL RACIAL SEGMENTS IN THE COMMUNITIES IT SERVES OF THE PROGRAMS IT HAS AVAILABLE. SCHEDULE E PART I, LINE 6A THE UNIVERSITY PARTICIPATES IN STUDENT AID PROGRAMS PROVIDED BY THE FEDERAL GOVERNMENT. Europe (Including Iceland and Greenland) 1 1 Program Services INSTRUCTION 23010 1 1 1 1 23010 23010 false false false false false false SCHEDULE F PART I, LINE 3 NATIONAL-LOUIS UNIVERSITY (NLU) HAS AN AGREEMENT WITH AN EDUCATIONAL INSTITUTION IN NOWY SACZ, POLAND, WYZSZA SZKOLA BIZNESU - NATIONAL-LOUIS UNIVERSITY (WSB-NLU), WHEREBY NLU PROVIDES WSB-NLU WITH CURRICULUM FOR CERTAIN OF ITS CLASSES WHICH IT UTILIZES IN ITS TEACHINGS AND EDUCATIONAL INSTRUCTION. CERTAIN WSB-NLU STUDENTS MAY BE AWARDED DUAL DEGREES FROM NLU AND WSB-NLU UPON GRADUATION, DEPENDING ON THE EDUCATIONAL TRACK THAT THEY UTILIZE. NLU ACHIEVES OVERSIGHT OF THE USE OF ITS CURRICULUM AT WSB-NLU BY EMPLOYING AN NLU EMERITUS FACULTY MEMBER AS ON-SITE LIAISON AT WSB-NLU; THROUGH PHONE CONFERENCES HELD AT LEAST ONCE PER MONTH BETWEEN THE PROREKTOR (PROVOST) OF WSB-NLU AND THE PROVOST OR PROVOST'S DESIGNEE AT NLU; AND THROUGH IN-PERSON VISITS TO WSB-NLU AT LEAST ONCE PER YEAR BY NLU'S PROVOST, PRESIDENT OR DESIGNATE. 125TH ANNIVERS. 260350 243610 16740 48122 3600 68783 0 260350 243610 16740 48122 3600 68783 120505 -103765 true STUDENT FINANCIAL AID 1466 3874503 SCHEDULE I PART I, LINE 2 THE UNIVERSITY HAS A POST-GRANT AWARDS DEPARTMENT WHOSE RESPONSIBILITY IS TO REVIEW EACH EXPENDITURE MADE TO A GRANT RELATED ACTIVITY FOR ITS CONFORMITY WITH THE RULES AND REGULATIONS OF THE GRANT. THIS DEPARTMENT ALSO PREPARES ALL FINANCIAL REPORTS AS MAY BE REQUIRED BY THE GRANTING AGENCIES DOCUMENTING THE ACTIVITY WITHIN THE GRANT AND THE UNIVERSITY'S CONFORMITY WITH THE RULES AND REGULATIONS OF THE GRANT. X true true X X X X X X false false false false false false false false false Nivine Megahed PhD 319745 0 50000 0 27967 0 21296 0 10600 0 429608 0 0 0 Christine Quinn 227286 0 0 0 127 0 16046 0 6690 0 250149 0 0 0 Douglas K Kay Left 612 189923 0 0 0 258 0 16176 0 4831 0 211188 0 0 0 Thomas Bergmann 148898 0 5000 0 90 0 12028 0 8485 0 174501 0 0 0 Joselyn Zivin 157421 0 0 0 90 0 3850 0 9591 0 170952 0 0 0 George Litman Until 711 135389 0 0 0 1654 0 10213 0 6562 0 153818 0 0 0 Kathleen Walsh 121199 0 194 7498 5015 133906 0 William Roberts left 412 138771 0 0 0 625 0 10698 0 4794 0 154888 0 0 0 Diane German 133578 0 0 0 533 0 10846 0 5457 0 150414 0 0 0 Alison Hilsabeck 142680 0 0 0 258 0 11211 0 3515 0 157664 0 0 0 Carol Melnick 150569 0 0 0 231 0 4649 0 4255 0 159704 0 0 0 SCHEDULE J PART I, LINE 1A THE UNIVERSITY HAS A MEMBERSHIP IN A LOCAL SOCIAL CLUB THAT IS IN THE PRESIDENT'S NAME WHICH IS FOR THE PURPOSE OF HELPING PROMOTE AND CONDUCT BUSINESS ON BEHALF OF THE UNIVERSITY. THE SOCIAL CLUB MEMBERSHIP IS USED 100 PERCENT FOR BUSINESS AND THE PRESIDENT USES THE ACCOUNTABLE PLAN RULES FOR DOCUMENTING THE BUSINESS USE. FORM 990, PART VI LINE 11B THE PREPARATION AND REVIEW PROCESS FOLLOWED BY THE UNIVERSITY WITH RESPECT TO THE FORM 990 IS AS FOLLOWS: THE 990 IS PREPARED BY THE UNIVERSITY'S ACCOUNTING DEPARTMENT AND REVIEWED FOR ACCURACY AND COMPLETENESS BY THE UNIVERSITY'S VICE PRESIDENT OF FINANCE AND AN INDEPENDENT CPA FIRM. A COPY IS THEN PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI LINE 12C THE UNIVERSITY HAS A WRITTEN CONFLICT OF INTEREST POLICY UNDER WHICH THE UNIVERSITY'S TRUSTEES, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST TO THE PRESIDENT'S OFFICE THAT THEY MAY HAVE WITH THE UNIVERSITY. IF A CONFLICT OF INTEREST WAS DISCLOSED, THE PERSON WITH THE CONFLICT WOULD RECUSE THEMSELVES FROM ANY DISCUSSION REGARDING THE PERTINENT ITEM. FORM 990, PART VI LINE 15 A & B THE UNIVERSITY'S BOARD OF TRUSTEES HAS A PERFORMANCE AND COMPENSATION SUB-COMMITTEE WHO HAS THE RESPONSIBILITY AND AUTHORITY TO REVIEW AND APPROVE ALL CURRENT AND FUTURE COMPENSATION MATTERS FOR MEMBERS OF THE UNIVERSITY'S LEADERSHIP TEAM. COMPENSATION MATTERS INCLUDE, BUT ARE NOT LIMITED TO BASE PAY, BONUS OR INCENTIVE PAY, DEFERRED COMPENSATION, FRINGE BENEFITS, EMPLOYMENT AGREEMENTS AND SEVERANCE PAY. THE COMMITTEE APPROVES THE COMPENSATION PROVIDED TO EACH OF THE UNIVERSITY'S OFFICERS BASED ON A REVIEW OF PERFORMANCE AND COMPARABLE DATA. FORM 990, PART VI LINE 19 NATIONAL LOUIS UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI LINE 5 UNREALIZED GAIN ON INVESTMENT: $802,791 PROPERTY REEVALUATION: $-1,191,533 INTEREST SWAP REEVALUATION: $-1,002,567 TOTAL $-1,391,309 CHARITABLE REMAINDER TRUST (1) CRT IL NLU TRUST false false false false false false false false false false false false false false false false false false