2013-05-14T16:31:49-05:00 2012-06-30 391173131 SCHENCK SC PO BOX 23819 GREEN BAY WI 543053819 990 2011-07-01 390806154 MOUNT MARY COLLEGE MOUN 4142561202 2900 N MENOMONEE RIVER PARKWAY MILWAUKEE WI 53222 REYES GONZALEZ 4142561202 2013-05-14 1 DAVID L MACCOUX P00239034 9204367800 2013-05-13 2011 2016-02-24 21:20:13Z EILEEN SCHWALBACH 2900 N MENOMONEE RIVER PARKWAY MILWAUKEE WI 53222 45305699 0 X WWW.MTMARY.EDU X 1913 WI MOUNT MARY COLLEGE IS AN INDEPENDENT, PRIVATELY ENDOWED WOMEN'S INSTITUTION OF HIGHER EDUCATION OFFERING BACCALAUREATE AND MASTER DEGREES IN VARIOUS FIELDS OF STUDY. 22 22 745 200 -7835 -16571 3734762 5800601 30189305 27725111 739708 678836 129347 189090 34793122 34393638 7413115 6978762 0 0 1176010 1270754 0 0 785161 20106243 21011531 28695368 29261047 6097754 5132591 48012114 51570727 11134502 10147871 36877612 41422856 X MOUNT MARY COLLEGE, AN URBAN CATHOLIC COLLEGE FOR WOMEN SPONSORED BY THE SCHOOL SISTERS OF NOTRE DAME, PROVIDES AN ENVIRONMENT FOR THE DEVELOPMENT OF THE WHOLE PERSON. THE COLLEGE ENCOURAGES LEADERSHIP, INTEGRITY, AND A DEEP SENSE OF SOCIAL JUSTICE ARISING FROM A SENSITIVITY TO MORAL VALUES AND CHRISTIAN PRINCIPLES. MOUNT MARY COMMITS ITSELF TO EXCELLENCE IN TEACHING AND LEARNING WITH AN EMPHASIS ON THINKING CRITICALLY. THE BACCALAUREATE CURRICULUM INTEGRATES THE LIBERAL ARTS WITH CAREER PREPARATION FOR WOMEN OF DIVERSE AGES AND PERSONAL CIRCUMSTANCES; THE PROGRAMS AT THE GRADUATE LEVEL PROVIDE OPPORTUNITIES FOR BOTH MEN AND WOMEN TO ENHANCE THEIR PROFESSIONAL EXCELLENCE. 0 0 21742180 6978762 27759860 MOUNT MARY COLLEGE HAD APPROXIMATELY 1,287 UNDERGRADUATE AND 723 GRADUATE STUDENTS ENROLLED FOR THE FISCAL YEAR ENDING JUNE 30,2012. DURING THIS PERIOD, 176 BACHELORS DEGREES AND POSTBACCALAUREATE CERTIFICATES AND 165 GRADUATE DEGREES WERE AWARDED TO STUDENTS. 21742180 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 1 1 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 1 124 0 1 745 1 1 1 0 0 0 0 0 0 0 0 0 X 22 22 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X MARY REEVES 4142561202 2900 N MENOMONEE RIVER PKWY MILWAUKEE WI 53222 EILEEN SCHWALBACH 50.00 X X 210000 0 33274 NORMAN BARRIENTOS 1.00 X 0 0 0 SUSAN BELLEHUMEUR 1.00 X 0 0 0 EILEEN BLOECHL 1.00 X 0 0 0 MICHAEL ARNOW 1.00 X 0 0 0 BARBARA BOLENS 1.00 X 0 0 0 CATHY BUCK 1.00 X 0 0 0 SISTER JACQUELINE BUCKLEY 1.00 X 0 0 0 ROBERT BUERGER 1.00 X 0 0 0 SISTER KATHLEEN CORNELL 1.00 X 0 0 0 KATHRYN MAEGLI DAVIS 1.00 X 0 0 0 VERONICA GUNN 1.00 X 0 0 0 AMELIA MACARENO 1.00 X 0 0 0 LINDA MARCUS 1.00 X 0 0 0 GARY JORGENSEN 1.00 X X 0 0 0 SISTER PAMELA MOEHRING 1.00 X 0 0 0 MARIE O'BRIEN 1.00 X X 0 0 0 JOSE OLIVIERI 1.00 X 0 0 0 SISTER MARY ANNE OWENS 1.00 X 0 0 0 THOMAS PULS 1.00 X 0 0 0 ANN ROCHE 1.00 X 0 0 0 MARY STAUDENMAIER 1.00 X 0 0 0 DAVID WERNER 1.00 X 0 0 0 ROSANN C YOUNG 1.00 X 0 0 0 WILLIAM K JENSEN 1.00 X 0 0 0 GENEVA JOHNSON 1.00 X 0 0 0 GARY ZIMMERMAN 1.00 X 0 0 0 REYES GONZALEZ 50.00 X 140066 0 8819 DAVID WEGENER 50.00 X 116413 0 26190 DONNA GASTEVICH 50.00 X 122067 0 21062 SISTER JOAN PENZENSTADLER 50.00 X 31833 0 946 DAVID NIXON 50.00 X 108489 0 22914 LYNN SPRANGERS 50.00 X 102010 0 7957 830878 0 121162 6 0 1 0 VJS CONSTRUCTION SERVICES INC W223 N2847 ROUNDY CIRCLE WEST PEWAUKEE WI 53072 CONSTRUCTION COMPANY 2066105 FOOD SERVICE INC 1801 W GLENDALE AVENUE MILWAUKEE WI 53222 FOOD SERVICE 558452 CC&N N27 W23588 PAUL RD PEWAUKEE WI 53072 COMMUNICATIONS CABLING & NETWORKING 393582 STAMATS INC 615 FIFTH STREET CEDAR RAPIDS IA 52406 WEB DEVELOPERS 191635 BENTZ WHALEY FLESSNER INC 7251 OHMS LANE MINNEAPOLIS MN 55439 CAMPAIGN CONSULTANT 176156 9 121878 5678723 92288 5800601 STUDENT TUITION 611600 26345696 26345696 AUXILIARY ENTERPRISES 722320 1299158 1291453 7705 INTEREST ON TUITION RE 611600 56028 56028 MMC COMMUNITY RENTAL 611600 24229 24229 27725111 596203 596203 107038 185507 -78469 -78469 -15540 -62929 10781394 10698761 82633 82633 82633 85631 27793 57838 57838 DEPARTMENT INCOME 611600 112625 33222 79403 MISCELLANEOUS 611600 97096 9232 87864 209721 34393638 27759860 -7835 841012 6611023 6611023 367739 367739 984795 442629 351223 190943 285959 285959 947153 616287 307377 23489 INSTRUCTION 8803168 8803168 INSTITUTIONAL SUPPORT 6645835 6075106 570729 STUDENT SERVICES 2777759 2777759 ACADEMIC SUPPORT 1132581 1132581 705035 705035 29261047 21742180 6733706 785161 X 2960708 1249933 3008455 1451083 1290225 3404258 1156085 986951 715761 646118 2882 279020 380414 36617007 15805585 17931705 20811422 20505509 22499318 161764 141230 48012114 51570727 2395108 1325364 1133003 1227604 6495000 6454386 1111391 1140517 11134502 10147871 X 18837683 22110241 7977200 9033884 10062729 10278731 36877612 41422856 48012114 51570727 X 5132591 -587347 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11090243 214862 -47200 507000 38822 10712083 9210027 620601 1782570 64005 425995 32955 11090243 8961338 748689 500000 9210027 10081947 416426 -1537035 8961338 0.93770 0.06230 0 0 516846 516846 26411618 13695097 12716521 8224641 1962957 6261684 1463902 147531 1316371 20811422 PAYABLES TO BENEFICIARIES UNDER SPLIT-INTEREST AGREEMENTS 107933 REFUNDABLE ADVANCES FROM THE U.S. GOVERNMENT 752501 INTEREST RATE SWAP 280083 1140517 34393638 29261047 5132591 -543190 -44157 -587347 4545244 27269681 -543190 433380 -109810 27379491 7014147 7014147 34393638 22724437 442152 442152 22282285 6978762 6978762 29261047 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS WERE ESTABLISHED FOR A VARIETY OF PURPOSES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE COLLEGE HAS RECEIVED A TAX DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) INDICATING THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES, EXCEPT FOR TAXES PERTAINING TO UNRELATED BUSINESS INCOME, UNDER INTERNAL REVENUE CODE 501(C)(3) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. NO PROVISION HAS BEEN MADE FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS BECAUSE THE COLLEGE DOES NOT HAVE A SIGNIFICANT AMOUNT OF UNRELATED BUSINESS INCOME. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE COLLEGE AND RECOGNIZE A TAX LIABILITY (OR ASSETS) IF THE COLLEGE HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COLLEGE, AND HAS CONCLUDED THAT AS OF JUNE 30, 2012, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COLLEGE IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO JUNE 30, 2009. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE/SPLIT INTEREST AGREEMENT -35,385. CHANGE IN VALUE/INTEREST RATE SWAP AGREEMENT -8,772. TOTAL TO SCHEDULE D, PART XI, LINE 8: -44,157. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 185,507. EXCESS WITHDRAWALS OVER INCOME EARNED FOR POOLED ENDOWMENT INVESTMENT 220,080. SPECIAL EVENT EXPENSES 27,793. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND TUITION DISCOUNTS 6,978,762. CHANGE IN VALUE/SPLIT-INTEREST AGREEMENT 35,385. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 185,507. EXCESS WITHDRAWALS OVER INCOME EARNED FOR POOLED ENDOWMENT INVESTMENTS 220,080. SPECIAL EVENT EXPENSES 27,793. CHANGE IN VALUE/INTEREST RATE SWAP AGREEMENT 8,772. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND TUITION DISCOUNTS 6,978,762. 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 NEWSPAPER ANNOUNCEMENTS, BROCHURES, COURSE DESCRIPTIONS EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 VARIOUS GOVERNMENT GRANTS TO PROVIDE FINANCIAL AID TO STUDENTS. 1 EUROPE 0 0 PROGRAM SERVICES TRAVEL, HOTELS, MEALS, TOURS, TUITION, SCHOLARSHIPS 121389 SOUTH AMERICA 0 0 PROGRAM SERVICES TRAVEL, HOTELS, MEALS, TOURS 3771 CENTRAL AMERICA 0 0 PROGRAM SERVICES TRAVEL, HOTELS, MEALS, TOURS, TUITION, SCHOLARSHIPS 87059 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES SCHOLARSHIPS 83475 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES SCHOLARSHIPS 47460 SOUTH ASIA 0 0 PROGRAM SERVICES SCHOLARSHIPS 22647 SUB-SAHARAN AFRICA 0 0 PROGRAM SERIVES SCHOLARSHIPS 44469 NORTH AMERICA 0 0 PROGRAM SERVICES SCHOLARSHIPS 55396 0 0 0 0 0 0 465666 0 465666 X EUROPE TUITION 32041 CHECK CENTRAL AMERICA TUITION 9300 CHECK 2 0 SCHOLARSHIPS EAST ASIA AND THE PACIFIC 5 83475 CHECK SCHOLARSHIPS MIDDLE EAST AND NORTH AMERICA 2 47460 CHECK SCHOLARSHIPS SOUTH ASIA 3 22647 CHECK SCHOLARSHIPS SUB-SAHARAN AFRICA 3 44469 CHECK SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) 2 27987 CHECK SCHOLARSHIPS NORTH AMERICA 3 55396 CHECK SCHOLARSHIPS CENTRAL AMERICA AND THE CARIBBEAN 3 44964 CHECK 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: INTERNATIONAL STUDENTS RECEIVE GRANT AWARDS FOR ATTENDING THE COLLEGE IN THE U.S. STUDENT'S ELIGIBILITY FOR GRANT SUPPORT IS DEPENDENT ONLY ON THEIR STATUS AS AN INTERNATIONAL STUDENT. THE ADMISSIONS AND REGISTRAR'S OFFICES VERIFY THE INTERNATIONAL STUDENT STATUS USING THEIR VISAS. THE FINANCIAL AID OFFICE POSTS THE FINANCIAL AID AWARD TO THEIR AID PACKAGE AND THE BUSINESS OFFICE POSTS THE AID ON THEIR STUDENT ACCOUNT. NO PAYMENTS OF CASH ARE MADE TO INTERNATIONAL STUDENTS DIRECTLY FOR THEIR GRANT AWARDS. STARVING ARTISTS FAIR 85631 85631 9733 4711 13349 85631 85631 9733 4711 13349 27793 57838 1 EDUCATIONAL SCHOLARSHIPS 958 6611023 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: EACH STUDENT IS REVIEWED BY TWO OR THREE INDIVIDUALS IN THE AWARDING PROCESS. STUDENTS ARE THEN AWARDED GRANT FUNDS BASED ON FEDERAL, STATE, AND INSTITUTIONAL REGULATIONS, GUIDELINES AND INSTITUTIONAL MATRIX. PROCEDURES FOR MONITORING FUNDS ARE ALSO BUILT INTO THE COMPUTER AWARDING SOFTWARE. X X X X X 0 0 0 0 0 0 0 0 0 EILEEN SCHWALBACH 210000 0 0 0 0 0 16800 0 16474 0 243274 0 0 0 WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 391337855 2009-12-23 6610000 FACILITIES CONSTRUCTION 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 GARY JORGENSEN GARY JORGENSEN IS A TRUSTEE OF THE ORGANIZATION 2066105 GARY JORGENSEN (TRUSTEE) IS A PRINCIPAL OF VJS CONSTRUCTION SERVICES, INC. MOUNT MARY CONTRACTED WITH VJS CONSTRUCTION SERVICES, INC. TO PROVIDE CONSTRUCTION MANAGEMENT SERVICES 0 X 4 92288 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 DURING THE PREVIOUS YEAR THE BYLAWS WERE AMENDED TO CHANGE THE TITLE OF DIRECTORS FROM CORPORATE MEMBERS TO CORPORATE BOARD. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 WAS PROVIDED TO THE ENTIRE BOARD, WHICH INCLUDES THE AUDIT COMMITTEE, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C A FORM IS SIGNED ANNUALLY BY THE BOARD AND OFFICERS. THIS FORM IS SENT TO THE PRESIDENT AND MONITORED BY THAT OFFICE. FORM 990, PART VI, SECTION B, LINE 15 SALARIES ARE COMPARED TO WAICU SURVEYS. THE PRESIDENT'S SALARY GOES TO THE BOARD FOR APPROVAL FOR INCREASES. VICE PRESIDENT'S SALARY INCREASE APPROVALS GO TO THE PRESIDENT. THE CFO MONITORS THE PRESIDENT'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE OFFICES OF THE ORGANIZATION. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -543,190. CHANGE IN VALUE/SPLIT INTEREST AGREEMENT -35,385. CHANGE IN VALUE/INTEREST RATE SWAP AGREEMENT -8,772. TOTAL TO FORM 990, PART XI, LINE 5: -587,347. FORM 990, PART XI, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SCHOOL SISTERS OF NOTRE DAME 320 E RIPA AVENUE ST LOUIS MO 631252835 390806379 SPONSORING ORGANIZATION OF MOUNT MARY COLLEGE WI 501(C)(3) LINE 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SCHOOL SISTERS OF NOTRE DAME C 20000 CASH