2012-02-14T12:03:33-07:00 2011-06-30 990 2010-07-01 381369604 LAWRENCE TECHNOLOGICAL UNIVERSITY LAWR 2482044000 21000 West Ten Mile Road Southfield MI 480751058 Linda Height 2482042100 2012-02-15 2010 2016-02-24 21:20:13Z Lewis Walker 21000 West Ten Mile Rd Southfield MI 480751058 56367795 0 X www.ltu.edu X 1932 MI A higher educational University by its mission to develop leaders through innovative and agile programs embracing theory and practice. The University's Vision is to be a preeminent private university producing leaders with an entrepreneurial spirit and global view. 17 16 1348 0 0 0 5913104 7081199 48744234 48024838 1167108 909608 -237533 -100647 55586913 55914998 0 0 0 0 33287072 31846266 0 0 4844516 23689622 22237249 56976694 54083515 -1389781 1831483 119837393 130781009 48161133 52615484 71676260 78165525 To develop leaders through innovative and agile programs embracing theory and practice. 0 0 35667958 0 43870424 Higher Education : Associates, Baccalaureate, Graduate Program services were provided to 5,111 students and 978 received degrees. This activity contributes importantly to the University's purpose by providing funding for educational services at less than the aggregate cost of these services. This is the exempt purpose of the University 460220 0 3785373 Higher Education: Campus apartments, residences, and residential services were provided for 583 students primarily in housing. These activities are important components for the University's primary exempt purpose of providing educational services. These activities include student housing, cafeteria services, bookstore services, and other related services deemed necessary for the students. 2132520 0 369041 Higher education : Student Activities - Academic associations, student government, and recreational programs. Participation in various associations were used by 2,765 students. These activities are important components for the University's primary exept purposes of providing educational services. These activities include library, copier, transcripts, fines, and other various services. 0 0 0 38260698 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 270 0 1 1348 1 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Linda Height 2482042100 21000 West Ten Mile Rd Southfield MI 480751058 Victor A Saroki 2 X 0 0 0 Lewis Walker 40 X X X X 304998 0 0 Lauren L Bowler 2 X 0 0 0 Raymond Khan 2 X 0 0 0 Howard B Padgham 2 X 0 0 0 John G Petty 2 X 0 0 0 Lloyd E Reuss 8 X 0 0 0 Joseph E Champagne 2 X 0 0 0 David B Wohleen 2 X 0 0 0 Douglas E Ebert 2 X 0 0 0 Mathew A DeMars 2 X 0 0 0 Barbara Samardzich 2 X 0 0 0 John E Elliott 2 X 0 0 0 Larry D Lyons 2 X 0 0 0 Marcy Klevorn 2 X 0 0 0 Mark C Roualet 2 X 0 0 0 John G Smith 2 X 0 0 0 Louis DeGennaro 40 X X 139901 0 0 Linda Height 40 X X 150611 0 0 Stephen Brown 40 X X X 180160 0 0 Nabil Grace 40 X X 411870 0 0 Maria Vaz 40 X X 167728 0 0 Samuel McCord 40 X 135890 0 0 Glen LeRoy 40 X X 156446 0 0 Joseph Veryser 40 X 144913 0 0 Lisa Kujawa 40 X 139895 0 0 Hsiao-Ping H Moore 40 X 139732 0 0 Timothy Chavis 40 X 137000 0 0 2209144 0 0 29 0 1 0 MJ Capital Consulting Co MJ Capital Consulting Co 22211 Michigan Ave Dearborn MI 48124 Legislative 108356 Harris Connect LLC 1511 Route 22 Suite C-25 Brewster NY 10509 Fundraisers 366936 Plante Moran PLLC 26300 Northwestern Hwy Southfield MI 48076 Audit 116625 Aramark 527 Plymouth Plymouth Meeting PA 19462 Maintenance Services 2438664 Art & Science Group LLC 6115 Falls Rd Ste 101 Baltimore MD 21209 Consulting 185601 7 0 0 0 0 3720472 3360727 0 7081199 Educational Services 611310 43870424 43870424 0 0 Auxiliary Services 722310 3785373 3785373 0 0 Student activities 611710 369041 369041 0 0 0 0 0 0 48024838 909608 909608 0 0 0 0 0 0 0 0 0 0 352150 0 452797 0 -100647 0 -100647 -100647 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 55914998 48833799 0 0 0 0 0 0 0 0 0 0 1412518 612381 623337 176800 26300719 20588788 4352948 1358983 0 0 0 0 0 0 0 0 2390157 1834795 422245 133117 1742872 1461931 174358 106583 0 0 0 0 135702 0 135702 0 144585 0 144585 0 161123 161123 0 0 0 0 0 0 2885579 1673503 728231 483845 900049 119098 2085 778866 2643566 1957675 522656 163235 1200948 1200948 0 0 0 0 0 0 1834150 1411582 243835 178733 670754 424668 140401 105685 0 0 0 0 0 0 0 0 1541391 1081384 323084 136923 1 0 0 1 6051426 4297321 1209984 544121 354545 0 354545 0 Education and training 818989 722067 39738 57184 Miscellaneous expenses 494209 113988 358087 22134 Bad Debts 690970 0 690970 0 Printing, Publications, Telephone 868914 514542 62657 291715 Equipment rental and maintenance 840348 246027 448853 145468 0 0 0 0 54083515 38260698 10978301 4844516 4549290 5429016 0 0 1862631 1767356 3964938 5080876 0 0 0 0 897790 929300 0 0 677451 699276 134126068 62244168 69599489 71881900 38285804 44993285 0 0 0 0 119837393 130781009 10950151 10940260 379945 379945 528283 2672392 27330000 30619000 0 0 6135798 5409349 0 2836956 2594538 48161133 52615484 X 35249234 36030963 20885657 25446242 15541369 16688320 71676260 78165525 119837393 130781009 X 1831483 4657782 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 161123 161123 54375189 54536312 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 186335 167733 193642 161123 708833 250000 250000 250000 250000 1000000 1500000 0 0 0 0 0 23426501 1176843 4543010 0 856879 0 28289475 21157972 499584 2456277 0 687332 0 23426501 21823188 5756957 -3743795 0 2678378 0 21157972 0.1 0.59 0.31 0 0 934607 0 934607 87533956 0 31462191 56071765 3802321 0 2416809 1385512 41855184 0 28365168 13490016 0 0 0 0 71881900 0 Fair Value Interest swap 1649543 Deposits from Students 944995 2594538 55914998 54083515 1831483 4132683 0 0 0 525099 4657782 6489265 61025578 4132683 0 0 977897 5110580 55914998 0 0 0 55914998 54536313 0 0 0 452798 452798 54083515 0 0 0 54083515 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The University's endowment includes both donor restricted endowment funds and funds designated by the Board of Directors to function as endowments. Permanently restricted funds are subjected to donor imposed restrictions that resources be maintained indefinitely, but permit the University to use or expend part or all of the income derived from the donated assets. Temporary restricted are subject to donor imposed restrictions that permit the University to use or expend the asset either by the passage of time or other actions of the University. Board designated are neither permanently restricted nor temporarily restricted by donor imposed stipulations. These funds may be designated for specific purposes by action of the Board. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Consists of pledge revenues less rental receipts SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Other consists of Pledge revenues and net losses on rentals SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Rental expenses on properties 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 This information is part of the registration process, including its brochures and web site. SchE_P01_S00_L06 Schedule E, Part I, Line 6 Students are awarded Pell Grants, Federal work studies, Perkin loans, SEOG, and others which the University receives from the federal Government directly and applies the receipts to student accounts in accordance with the rules and regulations governing these programs. X 1 1 X X 0 0 0 0 0 0 0 0 0 Lewis Walker 304998 0 0 0 0 0 0 0 24938 0 329936 0 304998 0 Nabil Grace 180000 0 0 0 231870 0 0 0 22896 0 434766 0 465068 0 Maria Vaz 167728 0 0 0 0 0 0 0 11480 0 179208 0 200886 0 Stephen Brown 180160 0 0 0 0 0 0 0 22457 0 202617 0 179800 0 Glen LeRoy 156446 0 0 0 0 0 0 0 22196 0 178642 0 156026 0 Linda Height 150611 0 0 0 0 0 0 0 23598 0 174209 0 150611 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a An automoble and housing residence is furnished for the President of the University. SchJ_P01_S00_L03 Schedule J, Part I, Line 3 The Board of Directors is responsible for documenting the University's President compensation. The other compensation documentation is completed by the Human resources department annually F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a The Finance Committee of the Board of Directors reviews the tax return 990 and its attachments and then recommends to the Board approval of the 990 tax return. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Annual signed disclosure statements are completed by the Board of Directors with any exceptions followed up upon. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Board of Directors is responsible for documenting the University's President's compensation. The other compensation documentation is completed by the Human Resources department annually. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Thses documents are only available upon the request to the VP of Finance or the President. A copy of the 990 return is also available in Library services for review as well. F990_P11_S00_L05 Form 990, Part XI, Line 5 Consist of net investment gains, pledge revenues and net losses on rentals.