2013-11-05T09:53:56-06:00 2013-06-30 362985770 SELDEN FOX LTD 619 ENTERPRISE DRIVE OAK BROOK IL 605238835 990 2012-07-01 362167773 LEWIS UNIVERSITY LEWI 8158380500 ONE UNIVERSITY PARKWAY ROMEOVILLE IL 60446 ROBERT C DEROSE 8158365202 2013-10-21 1 MARGARET MCGINNIS P00284587 6309541400 2012 2016-02-24 21:20:13Z BROTHER JAMES GAFFNEY ONE UNIVERSITY PARKWAY ROMEOVILLE IL 60446 161743557 0 7204 X WWW.LEWISU.EDU X 1934 IL LEWIS UNIVERSITY, GUIDED BY ITS CATHOLIC AND LASALLIAN HERITAGE, PROVIDES TO A DIVERSE STUDENT POPULATION PROGRAMS FOR A LIBERAL AND PROFESSIONAL EDUCATION GROUNDED IN THE INTERACTION OF KNOWLEDGE AND FIDELITY IN THE SEARCH FOR TRUTH. LEWIS PROMOTES THE DEVELOPMENT OF THE COMPLETE PERSON THROUGH THE PURSUIT OF WISDOM AND JUSTICE. FUNDAMENTAL TO ITS MISSION IS A SPIRIT OF ASSOCIATION WHICH DEVELOPS COMMUNITY IN ALL TEACHING, LEARNING AND SERVICE. 36 36 2186 900 0 0 19854800 19721311 125595205 129921880 284096 980520 1625365 1468616 147359466 152092327 40962841 42351170 0 0 60968825 64253475 119468 151401 2185987 37827784 38244501 139878918 145000547 7480548 7091780 215099848 225125463 136975797 135584481 78124051 89540982 SEE MISSION STATEMENT ON PAGE 1, PART I, LINE 1 (CONTINUED ON SCHEDULE O) 0 0 129314441 42351170 131595207 THE UNIVERSITY PROVIDES POST SECONDARY EDUCATION AND TRAINING TO STUDENTS. PROGRAM SERVICE COSTS INCLUDE INSTRUCTORS SALARIES AND RESIDENCE HALL AND RELATED OPERATIONAL EXPENSES. APPROXIMATELY 6,500 STUDENTS ATTENDED THE SCHOOL DURING THIS PERIOD. 129314441 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 1 0 0 0 1 123 0 1 2186 1 0 0 0 0 0 1 1 0 0 0 0 X 36 36 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X ROBERT C DEROSE CPA VP-BUSINESS 8158365201 ONE UNIVERSITY PARKWAY ROMEOVILLE IL 60446 BROTHER MILTON BARKERFSC 0.00 X 0 0 0 ROBERT BECKMAN 0.00 X 0 0 0 MICHAEL BLAKE 0.00 X 0 0 0 JOHN BRETT 0.00 X 0 0 0 JANE CONDON 0.00 X 0 0 0 BROTHER KEVIN CONVEYFSC 0.00 X 0 0 0 BROTHER PATRICK CONWAYFSC 0.00 X 0 0 0 BR DOMINIC EHRMANTRAUT FSC 0.00 X 0 0 0 TIMOTHY FERRARELL 0.00 X 0 0 0 KENNETH GABRIEL 0.00 X 0 0 0 BR DAVID GALINSKI FSC 0.00 X 0 0 0 MOHRA GAVANKAR 0.00 X 0 0 0 JAMES GOODWIN 0.00 X 0 0 0 JAMES HARVEY 0.00 X 0 0 0 CLIFTON KELLY 0.00 X 0 0 0 JAMES LAGRIPPE 0.00 X 0 0 0 ANDREW LANGERT 0.00 X 0 0 0 WILLIAM LORENZ 0.00 X 0 0 0 BARBARA J MARTIN 0.00 X 0 0 0 GREGORY MARUSZAK 0.00 X 0 0 0 CHERILYN MURER 0.00 X 0 0 0 MARK OLSON 0.00 X 0 0 0 MICHAEL PARKER 0.00 X 0 0 0 ROBERT PLUTH JR 0.00 X 0 0 0 EDWARD PRODEHL 0.00 X 0 0 0 SR MARY REAP IHM 0.00 X 0 0 0 ELAINE RUETTIGER 0.00 X 0 0 0 WILLIAM RYBAK 0.00 X 0 0 0 EDUARDO SANCHEZ 0.00 X 0 0 0 GLORIA SANTONA 0.00 X 0 0 0 BR JOSEPH SAURBIER FSC 0.00 X 0 0 0 BR LARRY SCHATZ FSC 0.00 X 0 0 0 RUSS SMYTH 0.00 X 0 0 0 LOWELL STAHL 0.00 X 0 0 0 JOEL STAVA 0.00 X 0 0 0 DENNIS TONELLI 0.00 X 0 0 0 BROTHER JAMES GAFFNEY FSC COMPENSAT 40.00 X 0 0 0 STEPHANY SCHLACTER 40.00 X 210773 0 32699 ROBERT DEROSE 40.00 X 193808 0 31513 WAYNE DRAUDT 40.00 X 210637 0 32747 LENORD BERTOLINI 40.00 X 151960 0 29053 RAMI KHASAWNEH 40.00 X 190923 0 31585 LAWRENCE HILL 40.00 X 156496 0 18206 RAYMOND KLUMP 40.00 X 154146 0 29218 MICHELE YOUNG 40.00 X 147998 0 17650 MARGARET RICE 40.00 X 147828 0 17669 1564569 0 240340 77 0 1 0 0 530424 14049508 5141379 190211 19721311 STUDENT TUITION AND FE 900099 118164460 118164460 STUDENT HOUSING 611710 7833628 7833628 STUDENT MEAL PLANS 611710 3923792 3923792 129921880 605321 605321 9731793 9356594 375199 375199 375199 89925 530424 294636 -204711 -204711 MISCELLANEOUS 900099 954458 954458 AVIATION SERVICES 611710 445561 445561 CONFERENCING 900099 273308 273308 1673327 152092327 131595207 0 775809 42351170 42351170 1277330 244465 852071 180794 47639190 41804307 4689150 1145733 2541451 2239288 242588 59575 9330223 8214882 900637 214704 3465281 2983945 388336 93000 139087 139087 67750 67750 151401 151401 1302485 1224784 77701 5927923 3956469 1949968 21486 1806994 1806994 1277479 1210099 26157 41223 1438155 1289541 148614 7097727 7063664 25852 8211 819818 192870 626948 CONTRACTED SERVICES 12156856 10620663 1270294 265899 OTHER EXPENSE 2023119 1333229 685929 3961 OTHER DIRECT EXPENSE 1842174 1817341 24833 DATA PROCESSING 872698 872698 1472236 960730 511506 145000547 129314441 13500119 2185987 15561432 3192042 984968 1743575 59283627 63997419 600461 635591 185006426 77450930 95381012 107555496 43288348 48001340 215099848 225125463 11435446 7783819 54943552 60023093 64635000 63600000 5961799 4177569 136975797 135584481 X 55826855 64364930 16300814 18587502 5996382 6588550 78124051 89540982 215099848 225125463 X 7091780 2558131 1767020 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40829607 2243086 3497454 412271 46157876 39831324 508044 869868 379629 40829607 34755517 972928 4436329 333450 39831324 35027556 669681 -609182 298202 34336 34755517 43327204 1611681 -9615345 262342 33642 35027556 0.71500 0.14210 0.14290 0 0 926647 926647 129596351 44712021 84884330 1076970 437894 639076 37315659 27263383 10052276 16090799 5037632 11053167 107555496 TRUST STOCK FUNDS 5412796 F OTHER INVESTMENTS 373190 F LAND 11210000 F NORTHERN TRUST TRUST STOCK FUNDS 28208038 F MAKENA INVESTMENT FUND 2797316 F 48001340 DEPOSITS HELD FOR OTHERS 167370 SWAP LIABILITY 3744703 STUDENT AND OTHER DEPOSITS 265496 4177569 157108741 2558131 2163647 4721778 152386963 -294636 -294636 152092327 145691810 691263 691263 145000547 0 145000547 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT FUNDS ARE INTENDED TO PROVIDE SCHOLARSHIPS TO DESERVING STUDENTS AND SPECIFIC ACADEMIC PROGRAM SUPPORT WHERE THE OPERATING FUNDS ARE NOT AVAILABLE. PART XI, LINE 2D - OTHER ADJUSTMENTS: COLLEGE WORK-STUDY MATCHING GRANT 396,627. UNREALIZED GAIN ON INTEREST RATE SWAP AGREEMENT LIABILITY 1,767,020. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE NETTED WITH REVENUE ON 990, SHOWN GROSS ON AUDITED FINANCIAL STATEMENTS -294,636. PART XII, LINE 2D - OTHER ADJUSTMENTS: COLLEGE WORK-STUDY MATCHING GRANT 396,627. DIRECT FUNDRAISING EXPENSE ON FINANCIAL STATEMENTS, NETTED WITH REVENUE ON 990 294,636. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 1 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 IN ALL PUBLICATIONS USED BY THE UNIVERSITY TO SOLICIT STUDENTS FROM THE COMMUNITY, A NONDISCRIMINATORY POLICY STATEMENT IS INCLUDED. AN EXAMPLE OF THE STATEMENT FOLLOWS; "LEWIS UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, RELIGION, HANDICAP OR SEX IN THE RECRUITMENT AND ADMISSION OF STUDENTS." EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 SCHEDULE E PART V LINE 6A - THE UNIVERSITY RECEIVES GOVERNMENT SUBSIDIES OF RESTRICTED AND UNRESTRICTED NATURE TO BE USED FOR GENERAL INSTITUTIONAL AND SPECIAL EDUCATIONAL PURPOSES. SCHEDULE E PART V LINE 6B - EFFECTIVE JULY 1, 1987 THE NURSING STUDENT LOAN (NSL) PROGRAM AT THE UNIVERSITY WAS PLACED IN TERMINATED STATUS BY THE DEPARTMENT OF HEALTH AND HUMAN SERVICES. THIS RESULTED FROM THE SCHOOL NOT REDUCING THE PROGRAM'S DELINQUENCY RATE TO A SPECIFIED LEVEL AS REQUIRED BY PERFORMANCE STANDARD REGULATIONS FOR THE NSL PROGRAM. X X X X X X X 1 HENRY O'REILLY PO BOX 562 MANTENO IL 60950 CONTACTS DONORS TO SOLICIT FUNDS 1 0 3000 0 THOMAS R KENNEDY & ASSOCIATES 9896 WEST 74TH WAY ARVADA CO 80005 CONTACTS DONORS TO SOLICIT FUNDS 1 0 49657 0 RUFFALO CODY PO BOX 3018 CEDAR RAPIDS IA 524063018 STAFF AND MANAGEMENT OF PHONATHON 0 0 81277 0 TER MOLEN WATKINS & BRANDT TWO NORTH RIVERSIDE PLAZA SUITE 103 CHICAGO IL 60606 CONTACTS DONORS TO SOLICIT FUNDS 0 0 83744 0 HANNEGAN LANDAU ADVOCACY LLC 1101 17TH STREET NW SUITE 600 WASHINGTON DC 200364718 CONTACTS DONORS TO SOLICIT FUNDS 0 0 15000 0 232678 IL SIGNUM FIDEI 481741 406491 75250 102078 63767 PHON-A-THON 110872 110872 111985 1 27736 13061 14675 5531 11275 620349 530424 89925 107609 187027 294636 -204711 1 SCHOLARSHIPS FOR STUDENTS ATTENDING LEWIS UNIVERSITY 3779 42351170 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE OFFICE OF FINANCIAL AID SERVICES AWARDS FINANCIAL AID IN ACCORDANCE WITH THE HIGHER EDUCATION ACT. FEDERAL AND STATE AWARDING GUIDELINES ARE USED IN AWARDING STUDENT'S FINANCIAL AID. STUDENT'S ACCOUNTS ARE REVIEWED ON A BI-WEEKLY BASIS TO ENSURE THAT ALL STUDENTS ARE CURRENTLY ENROLLED ACCORDING TO APPROPRIATE GUIDELINES. A QUALITY CONTROL CHECK IS IN PLACE IN THAT A FILE AUDIT IS PERFORMED OF A RANDOM SAMPLE OF FILES TO ENSURE THAT PROPER PROCEDURES ARE BEING FOLLOWED. AN ANNUAL AUDIT IS PERFORMED BY AN OUTSIDE COMPANY TO ENSURE THAT THERE ARE NO GROSS VIOLATIONS OF FEDERAL AND STATE REGULATIONS. X 0 1 X X X X X 0 0 0 0 0 0 0 0 0 STEPHANY SCHLACTER 202082 0 0 0 8691 0 13135 0 19564 0 243472 0 0 0 ROBERT DEROSE 183833 0 0 0 9975 0 11949 0 19564 0 225321 0 0 0 WAYNE DRAUDT 202814 0 0 0 7823 0 13183 0 19564 0 243384 0 0 0 LENORD BERTOLINI 145981 0 0 0 5979 0 9489 0 19564 0 181013 0 0 0 RAMI KHASAWNEH 184944 0 0 0 5979 0 12021 0 19564 0 222508 0 0 0 LAWRENCE HILL 154545 0 0 0 1951 0 10045 0 8161 0 174702 0 0 0 RAYMOND KLUMP 148531 0 0 0 5615 0 9654 0 19564 0 183364 0 0 0 MICHELE YOUNG 145979 0 0 0 2019 0 9489 0 8161 0 165648 0 0 0 MARGARET RICE 146270 0 0 0 1558 0 9508 0 8161 0 165497 0 0 0 PART I, LINE 1A THE UNIVERSITY PRESIDENT RECEIVES $9,600 PER ANNUM TO USE FOR OUT-OF-POCKET SITUATIONS THAT ARISE (I.E. TRAVEL INCIDENTALS, EMERGENCIES, PASTORAL NEEDS, SOCIAL GIFTS, ETC.). THE PRESIDENT RECEIVES NO DIRECT COMPENSATION FROM THE UNIVERSITY. SUPPLEMENTAL INFORMATION PART III PART II COMPENSATION FOR BROTHER JAMES GAFFNEY, FSC, PRESIDENT, WAS PAID DIRECTLY TO THE CHRISTIAN BROTHERS OF THE MIDWEST, INC. A VILLAGE OF ROMEOVILLE WILL COUNTY ILLINOIS 366009349 77615NAA2 2006-04-26 44950000 VARIOUS CAPITAL PROJECTS 0 0 0 B VILLAGE OF ROMEOVILLE WILL COUNTY ILLINOIS 366009349 77615NABO 2011-12-21 24300000 VARIOUS CAPITAL PROJECTS 0 0 0 A 45122389 24533450 588939 20000000 1 1 1 1 B 24300000 284860 24015140 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 1 1 WELLS FARGO 9.800000000000 0 0 0 0 0 B 0 0 0 0 1 1 WELLS FARGO 6.750000000000 0 0 0 0 0 A 0 B 0 SCHEDULE K PART IV, ARBITRAGE, LINE 2C DATE REBATE COMPUTATION PERFORMED ISSUER NAME: VILLAGE OF ROMEOVILLE, WILL COUNTY, ILLINOIS DATE THE REBATE COMPUTATION WAS PERFORMED: 04/26/2011 GRAINGER TRUSTEE 275308 INDUSTRIAL SUPPLIES 0 X 10 139211 QUOTED MARKET PRICE X BLDG-MATERIALS 1 51000 SELLING PRICE 0 1 0 FORM 990, PART VI, SECTION A, LINE 7B THE UNIVERSITY IS SPONSORED BY THE CHRISTIAN BROTHERS OF THE MIDWEST, INC. PURSUANT TO THE SPONSORSHIP COVENANT SIGNED IN AUGUST 2001, THE FOLLOWING SIGNIFICANT LEGAL ASPECTS ARE INCORPORATED INTO THE DOCUMENT: 1. BOARD MEMBERSHIP - 6 MEMBERS ARE TO BE CHRISTIAN BROTHERS 2. RESERVED POWERS FOR THE CHRISTIAN BROTHERS REGARDING: (A) TO SELL, TRANSFER, OR ENCUMBER REAL PROPERTY ASSETS OF THE UNIVERSITY; (B) TO DISSOLVE THE CORPORATION OR CLOSE THE UNIVERSITY; (C) TO MERGE WITH ANOTHER CORPORATION OR EDUCATIONAL ENTITY; (D) TO AMEND THE BY-LAWS OR THE CORPORATE CHARTER OF THE UNIVERSITY; (E) TO CHANGE THE CATHOLIC CHARACTER OR THE CHRISTIAN BROTHERS' SPONSORSHIP OF THE UNIVERSITY; AND (F)TO CHANGE THE REQUIREMENTS OF HAVING A CHRISTIAN BROTHER AS PRESIDENT OF THE UNIVERSITY. 3. THE PRESIDENT OF THE UNIVERSITY SHALL BE A CHRISTIAN BROTHER, UNLESS THE BOARD OF TRUSTEES, WITH THE CONCURRENT OF THE PROVINCIAL OF THE CHRISTIAN BROTHERS AND HIS COUNCIL, DETERMINE THERE IS NO CHRISTIAN BROTHER QUALIFIED AND AVAILABLE TO SERVE IN THIS CAPACITY. FORM 990, PART VI, SECTION B, LINE 11 THE IRS FORM 990 IS ELECTRONICALLY SENT TO ALL AUDIT COMMITTEE MEMBERS FOR REVIEW AND APPROVAL. ONCE APPROVED BY THE AUDIT COMMITTEE, IT IS MADE ELECTRONICALLY AVAILABLE TO ALL BOARD MEMBERS. APPROXIMATELY TWO WEEKS LATER, THE RETURN IS ELECTRONICALLY FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST FORMS COMPLETED BY THE BOARD OF TRUSTEE MEMBERS, THE ADMINISTRATION AND OTHERS INVOLVED IN PROVIDING GOODS AND SERVICES FOR THE UNIVERSITY ARE REVIEWED BY PURCHASING AND BUSINESS OFFICE PERSONNEL AS WELL AS SENIOR MANAGEMENT. ALL PROCUREMENTS OVER $5,000 ARE REVIEWED BY THE SENIOR VICE PRESIDENT/ CHIEF FINANCIAL OFFICER; ALL PROCUREMENTS OVER $10,000 ARE ALSO REVIEWED BY THE PROVOST FOR HER REPORTING AREA; AND ALL PROCUREMENTS OVER $20,000 ARE ALSO REVIEWED BY THE PRESIDENT, SEVERAL LEVELS OF REVIEW ARE ESTABLISHED TO DETECT CONFLICT OF INTEREST SITUATIONS BEFORE CONTRACTUAL RELATIONSHIPS ARE ENTERED INTO. IN ADDITION, BOARD OF TRUSTEE CONFLICT OF INTEREST FORMS ARE REVIEWED BY THE AUDIT COMMITTEE CHAIR. FORM 990, PART VI, SECTION B, LINE 15 IN DETERMINING THE COMPENSATION FOR THE PRESIDENT OF THE UNIVERSITY, THE BOARD SEEKS TO PROVIDE COMPENSATION TO THE PRESIDENT WHICH IS FAIR AND REASONABLE AND BASED UPON PERFORMANCE COMMITTMENT AND AVAILABLE RESOURCES. THE AMOUNT OF COMPENSATION SHOULD GENERALLY BE WITHIN THE RANGE OF PEER AND AREA SCHOOLS. IN DETERMINING COMPENSATION, A COMPENSATION COMMITTEE COMPRISED OF THE CHAIR AND VICE CHAIR OF THE BOARD OF TRUSTEES AND THE BOARD TREASURER REVIEW IN DETAIL COMPENSATION INFORMATION CONTAINED IN PEER AND AREA SCHOOLS ON THEIR RESPECTIVE IRS FORM 990 AS WELL AS CHRONICLE OF HIGHER EDUCATION EXECUTIVE COMPENSATION SURVEY RESULTS. IN ADDITION, THE UNIVERSITY CONTRACTED WITH AN OUTSIDE FIRM TO STUDY AND AID IN THE DETERMINATION OF EXECUTIVE PAY. THE COMPENSATION COMMITTEE THEN PREPARES RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES WHO MAKE THE FINAL DETERMINATION REGARDING COMPENSATION OF THE PRESIDENT. PRESIDENTIAL COMPENSATION IS PAID DIRECTLY TO THE CHRISTIAN BROTHERS OF THE MIDWEST, INC. THE COMPENSATION COMMITTEE ALSO IS AVAILABLE TO ADDRESS OTHER COMPENSATION MATTERS AS REQUESTED BY THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 IRS FORM 990, ARTICLES OF INCORPORATION, UNIVERSITY BY-LAWS, HUMAN RESOURCES (POLICY) MANUAL, AND UNIVERSITY AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW BY REQUEST TO THE SENIOR VICE PRESIDENT/ CHIEF FINANCIAL OFFICER OF LEWIS UNIVERSITY, ONE UNIVERSITY PARKWAY, ROMEOVILLE, ILLINOIS 60446. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON THE UNIVERSITY'S INTEREST RATE SWAP AGREEMENTS 1,767,020. LEWIS UNIVERSITY ENDOWMENT FUND INC ONE UNIVERSITY PARKWAY ROMEOVILLE IL 60441 510183519 ORGANIZATION IS DORMANT IL 509(A)(3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0