2013-03-21T15:43:16-05:00 2012-06-30 540504608 BROWN EDWARDS & COMPANY LLP 319 MCCLANAHAN ST ROANOKE VA 24014 990 2011-07-01 540573801 MARYMOUNT UNIVERSITY MARY 7032841480 2807 NORTH GLEBE ROAD ARLINGTON VA 222074299 DR RALPH KIDDER 7032841480 2013-03-20 1 MARK WOOLWINE P00647446 5403450936 2011 2016-02-25 16:41:14Z DR RALPH KIDDER 2807 NORTH GLEBE ROAD ARLINGTON VA 222074299 94149913 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. 23 22 1833 0 736637 291219 1734148 4044934 80849900 85779878 1071678 2120490 550406 596182 84206132 92541484 14134336 15560507 0 0 40898102 42912716 0 0 1050457 24306088 26549710 79338526 85022933 4867606 7518551 154181089 166555807 70258242 79603208 83922847 86952599 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 41964873 72944613 INSTRUCTIONAL - THE UNIVERSITY OFFERS A WIDE RANGE OF GRADUATE AND UNDERGRADUATE DEGREE PROGRAMS TO APPROXIMATELY 4,233 STUDENTS. EXPENSES INCLUDE SALARIES AND BENEFITS FOR 145 FULL-TIME FACULTY. 15560507 15560507 SCHOLARSHIP ALLOWANCES - PROVIDE OPPORTUNITIES FOR THOSE WHO WOULD NOT BE ABLE TO COMPLETE THEIR COLLEGE EDUCATION WITHOUT FINANCIAL ASSISTANCE. 3522961 14257467 AUXILIARY SERVICES - PROVIDES HOUSING, FOOD AND HEALTH SERVICES TO APPROXIMATELY 910 RESIDENTIAL STUDENTS. 61048341 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 0 1 0 0 1 1833 1 1 1 1 UK 0 0 0 1 1 0 0 0 0 X 23 22 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 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 OLZA M NICELY 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 146677 0 0 DR RALPH KIDDER 40.00 X 194840 0 23038 DR CHRIS DOMES 40.00 X 157558 0 16754 DR SHERRY HUGHES 40.00 X 152283 0 20433 MS EMILY MAHONY 40.00 X 143754 0 12621 MRS SHELLY DUTTON 40.00 X 131642 0 23050 LIANE SUMMERFIELD 40.00 X 117646 0 24474 ROBERT OTTEN 40.00 X 111205 0 47688 WAYNE LESKO 40.00 X 137562 0 33382 JAMES RYERSON 40.00 X 127563 0 32420 TESS CAPPELLO 40.00 X 132115 0 22286 DR JAMES E BUNDSCHUH 40.00 X 262992 0 33729 1815837 0 289875 42 1 1 0 SODEXHO INC AFFILIATES PO BOX 536922 ATLANTA GA 30536 FOOD SERVICES 3482386 BENEFITS DESIGN GROUP 600 WASHINGTON AVENUE TOWSON MD 21204 HEALTH INSURANCE 2564472 TURNER CONSTRUCTION COMPANY 3865 WILSON BLVD ARLINGTON VA 22203 CONSTRUCTION COMPANY 1008489 AYER SAINT GROSS INC 1040 HULL STREET BALTIMORE MD 21230 ARCHITECTS & PLANNER CO 760312 ARAMARK FACILITY SERVICES 24818 NETWORK PLACE CHICAGO IL 60673 FACILITY SERVICES 675326 19 4044934 4044934 TUITION 611310 72944613 72944613 AUXILIARY SERVICES 532000 10709990 10651447 12771 45772 FEES 611710 2125275 1997591 127684 85779878 512061 512061 3216858 1608429 1608429 1608429 1608429 SUMMER CAMPS 721000 484261 484261 BOOKSTORE 451211 111921 111921 596182 92541484 87202080 736637 557833 15560507 15560507 1669231 316424 1207480 145327 33896948 27888784 5540833 467331 1993181 1521427 440130 31624 2819994 2049946 714807 55241 2533362 1897378 588439 47545 1483395 565567 875492 42336 95600 19988 75612 77723 77723 305558 262512 43046 558177 116391 437669 4117 2853479 2082649 687242 83588 1183497 893797 272489 17211 10132 10132 4503110 1009476 3493634 1279045 1152301 100453 26291 224485 182671 33257 8557 2309629 2309629 4291843 4291843 788206 303494 484712 UBIT TAXES 89540 89540 AUXILIARY SERVICES 3522961 3224640 225431 72890 OTHER EXPENSES 1565277 1092886 432788 39603 MEMBERSHIP DUES 699274 506584 189760 2930 708779 390787 312126 5866 85022933 61048341 22924135 1050457 23286170 18520337 595313 1762342 3528614 3550612 1188547 1213966 852368 1287973 164358648 55686504 98964724 108672144 25163811 30979669 601542 568764 154181089 166555807 5335923 10056992 3930014 4947405 58364382 59318960 838174 956970 1789749 4322881 70258242 79603208 X 54879025 56474379 20333674 22114279 8710148 8363941 83922847 86952599 154181089 166555807 X 7518551 -4488799 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23083029 1073394 -724757 457053 17741 22956872 19549677 403923 3621067 491638 23083029 17893581 331519 1732149 408791 -1519 19549677 22149222 430125 -4009883 528483 147700 17893281 0.20540 0.36430 0.43030 1 0 7408448 7408448 104184562 22318148 81866414 24667121 19856995 4810126 28098517 13511361 14587156 108672144 CASH AND CASH EQUIVALENTS 1238388 F FIXED INCOME SECURITIES 1283704 F CORPORATE OBLIGATIONS 6119289 F EQUITY SECURITIES 7968909 F MUTUAL FUNDS 7730790 F FUNDS HELD IN TRUST BY OTHERS 6155000 F ALTERNATIVE INVESTMENTS 483589 F 30979669 INTEREST RATE SWAP AGREEMENT LIABILITY 4322881 4322881 92541484 85022933 7518551 -2665974 -1822825 -4488799 3029752 72492178 -2665974 -2533132 -5199106 77691284 14850200 14850200 92541484 69462426 0 69462426 15560507 15560507 85022933 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: 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 2011, 2010, AND 2009 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF INTEREST RATE SWAP -2,533,132. ADDITIONAL RESEARCH GRANTS, FELLOWSHIPS & STIPENDS FOR GRADUATE STUDENTS 710,307. TOTAL TO SCHEDULE D, PART XI, LINE 8: -1,822,825. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF INTEREST RATE SWAP -2,533,132. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCES 14,850,200. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCES 14,850,200. ADDITIONAL RESEARCH GRANTS, FELLOWSHIPS & STIPENDS FOR GRADUATE STUDENTS 710,307. 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 - $243,008; PELL - $2,526,419; SEOG - $124,609; PERKINS - $126,500; FFELP- $31,569,875; NURSE FACULTY LOAN PROGARM - $47,055 TOTAL FEDERAL GRANTS - $34,637,466 STATE GRANTS: DISTRICT OF COLUMBIA - $71,562; DISTRICT OF COLUMBIA-CAP PROGRAM - $15,525; PENNSYLVANIA GRANT - $3,330; RHODE ISLAND - $700; VERMONT, SSIG GRANT - $4,350; VIRGINIA TEACHING SCHOLARSHIP - $22,320; VIRGINIA CSAP GRANT - $46,153; VIRGINIA TAG GRANT - $2,200,162 TOTAL STATE GRANTS - $2,364,102 TOTAL FEDERAL AND STATE GRANTS = $37,001,568 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 51448 0 HOUSE OF PRINTING INC 15401 OLD COLUMBIA PIKE BURTONSVILLE MD 20866 MAILING HOUSE 0 0 15304 0 66752 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 2568 14131803 GRANTS AND OTHER ASSISTANCE PROVIDED TO STUDENTS 283 1428704 X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 DR RALPH KIDDER 185941 0 8899 0 0 0 16551 0 6487 0 217878 0 0 0 DR CHRIS DOMES 153567 0 3991 0 0 0 14592 0 2162 0 174312 0 0 0 DR SHERRY HUGHES 150306 0 1977 0 0 0 14598 0 5835 0 172716 0 0 0 MS EMILY MAHONY 141678 0 2076 0 0 0 11998 0 623 0 156375 0 0 0 MRS SHELLY DUTTON 128821 0 2821 0 0 0 13830 0 9220 0 154692 0 0 0 ROBERT OTTEN 111205 0 0 0 0 0 33741 0 13947 0 158893 0 0 0 WAYNE LESKO 137562 0 0 0 0 0 28039 0 5343 0 170944 0 0 0 JAMES RYERSON 127563 0 0 0 0 0 26755 0 5665 0 159983 0 0 0 TESS CAPPELLO 132115 0 0 0 0 0 21743 0 543 0 154401 0 0 0 DR JAMES E BUNDSCHUH 262992 0 0 0 0 0 19600 0 14129 0 296721 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. BRANCH BANKING & TRUST COMPANY 540294670 NONEAVAIL 2009-03-03 40000000 CONSTRUCTION OF ACADEMIC FACILITY 0 0 0 300000 40000000 219129 39780871 0 0 1 1 0 0 0 0 1 0 1 1 BRANCH BANKING & TRUST COMPANY 10.000000000000 0 0 0 0 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 2010. 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 5: NET UNREALIZED LOSSES ON INVESTMENTS: -2,665,974. CHANGE IN VALUE OF INTEREST RATE SWAP -2,533,132. ADDITIONAL RESEARCH GRANTS, FELLOWSHIPS & STIPENDS FOR GRADUATE STUDENTS 710,307. TOTAL TO FORM 990, PART XI, LINE 5: -4,488,799.