2012-05-15T10:03:11-07:00 2011-06-30 990 2010-07-01 520591672 MOUNT SAINT MARYS UNIVERSITY MOUN 3014475353 16300 Old Emmitsburg Road Emmitsburg MD 21727 Thomas Powell 3014475353 2012-05-15 2010 2016-02-24 21:20:13Z Thomas H Powell 16300 Old Emmitsburg Road Emmitsburg MD 21727 101575078 0 X www.msmary.edu X 1808 MD Mount St. Mary's University, the second oldest Catholic University in the United States, offers more than 60 academic majors, minors, and concentrations. Graduate programs in Business, Education, Philosophy, Theology and Divinity are also offered along with accelerated undergraduate programs in business and criminal justice. Students participate in more than 70 clubs and honor societies. Students also take advantage of the community service and outdoor adventure programs that are offered both locally and abroad. In addition, the University has 19 varsity sports at the NCAA Division I level. 32 32 1445 50 244337 -230401 9070415 10012067 63759657 68172023 2266313 1009947 157746 55712 75254131 79249749 19068132 20557074 0 0 32256106 32129713 0 0 1889422 26159642 28976413 77483880 81663200 -2229749 -2413451 153815942 155816482 86973787 85128266 66842155 70688216 Mount St. Mary's is a Catholic university committed to education in the service of truth - we seek to cultivate a community of learners, formed by faith, engaged in discovery, and empowered for leadership in the Church, the professions and the world. 0 0 38236450 20192382 51291798 Instructional programs for 1618 undergraduate students in the liberal arts, 152 graduate students in theology, and 338 students in masters programs in business and education. Awarded 365 undergraduate degrees, 129 masters degrees, and 29 theology degrees in 2011. 15980641 364692 16409117 Auxiliary enterprises comprising housing, dining, post office, vending, plant, laundry and security. 10538767 0 471108 Student services for the entire student body including housing, athletics, counseling, discipline, student affairs and activities. 4421648 0 0 Higher Education: Academic support for instructional programs 4421648 0 0 69177506 1 1 0 0 0 0 0 1 0 1 1 1 0 1 1 0 1 0 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 149 0 1 1445 1 1 1 0 0 0 0 1 1 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 MD X Michael Malewicki 3014475234 16300 Old Emmitsburg Road Emmitsburg MD 21727 Eugene M Waldron Jr 5 X X 0 0 0 Robert J Smith 0 X X 0 0 0 Rev Thomas P Ferguson 0 X X 0 0 0 Michael R Holly 0 X X 0 0 0 Richard J Bolte Jr 0 X 0 0 0 John Bransfield Jr 0 X 0 0 0 Kevin Cashen 0 X 0 0 0 David P Conaghan 0 X 0 0 0 John Coyne 0 X 0 0 0 Francis W Dailey Jr 0 X 0 0 0 Xavier J DeCaire 0 X 0 0 0 Kevin Dowd 0 X 0 0 0 Rev Gerard Francik 0 X 0 0 0 C Gregory Kallmyer 0 X 0 0 0 Martha M Kenney 0 X 0 0 0 Most Rev William E Lori 0 X 0 0 0 Most Rev Paul S Loverde 0 X 0 0 0 Alice Rooney Mahoney 0 X 0 0 0 Most Rev W Francis Malooly 0 X 0 0 0 James V McAveney 0 X 0 0 0 Sandra A McMurtrie 0 X 0 0 0 Frank P Merolla 0 X 0 0 0 Rev Thomas J Mullelly 0 X 0 0 0 Scott Newkam 0 X 0 0 0 Suzanne Nicholson 0 X 0 0 0 Most Rev Edwin F O'Brien 0 X 0 0 0 Hilary O'Donnell 0 X 0 0 0 Thomas G O'Hara 0 X 0 0 0 Rev Vincent J O'Malley 0 X 0 0 0 Thomas C Rogers Jr 0 X 0 0 0 Simba Sana 0 X 0 0 0 Brian L Smith 0 X 0 0 0 Thomas Powell 40 X 318041 0 144458 Dan Soller 40 X 179904 0 42356 Michael Malewicki 40 X 172132 0 14723 John Butler 40 X 167618 0 21169 David Rehm 40 X 167246 0 16316 David Bushman 40 X 142459 0 21876 Pauline Engelstatter 40 X 125157 0 23974 Bobby Flack 40 X 113948 0 20424 1386505 0 305296 12 0 1 0 McCoy Brothers Inc 1514 Commerce Avenue PO Box 7300 Carlisle PA 17013 Construction contractor 6253896 Gilbane Building Company Suite 500 7901 Sandy Spring Road Laurel MD 207073589 Construction contractor 1880140 Walton & Company Inc 1800 Industrial Highway PO Box 20069 York PA 17402 Construction consulting 333594 Edwin F Miller Electric Co 14208 Cooper Road Phoenix MD 21131 Construction contractor 321784 Valley Craftsmen Ltd 3535 Clipper Mill Road Baltimore MD 21211 Construction contractor 313950 15 0 0 0 0 2124770 7887297 763405 10012067 Tuition and fees 611310 51291798 51291798 0 0 Auxiliary Enterprises 611710 16363983 16193900 170040 43 Other Sources 221000 471108 394405 29163 47540 Conferences and groups 611600 45134 0 45134 0 0 0 0 0 68172023 1009668 1009668 0 0 279 0 0 279 0 0 0 0 0 0 22277951 0 22277951 0 0 0 0 0 0 0 89194 0 44613 44581 0 44581 13896 2765 11131 0 0 11131 0 79249749 68889771 244337 103574 0 0 20557074 20557074 0 0 851906 851906 23711840 19677530 3192519 841791 1236344 1030860 161385 44099 4709457 3809118 701835 198504 1620166 1321391 242917 55858 71971 71971 108650 108650 410780 254240 156328 212 726140 594299 131841 6318133 4327553 1537380 453200 516738 457690 56452 2596 2508443 2221803 274041 12599 1377356 1208210 96490 72656 178445 161941 11500 5004 3088319 2735417 337391 15511 8045781 7126390 878981 40410 436900 386976 47730 2194 Food served to students 1814659 1814659 0 0 Allowance for doubtful pledges 215836 0 215836 0 Repairs and maintenance 724855 251277 461178 12400 Miscellaneous 2433407 1241078 1059941 132388 81663200 69177506 10596272 1889422 0 3956383 1340478 4684545 6331142 1096444 1256834 2817585 2662709 24981 23990 1573064 1545006 185530636 90642743 97565356 94887893 23889091 28639641 9660581 10451129 8547912 8677660 153815942 155816482 15082895 11865860 0 3019643 2951409 62507678 63959738 1122743 1190866 500000 5240828 4660393 86973787 85128266 X 29751740 25762211 13460568 16125182 23629847 28800823 66842155 70688216 153815942 155816482 X -2413451 6259512 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 689119 0 0 0 33636402 4675949 6734417 969695 646199 140513 43290361 30830139 932567 4095092 2043684 0 177712 33636402 33585693 2768139 -3301452 2044462 0 177779 30830139 0.2 0.8 0 0 0 0 1920035 1920035 0 123489385 54976843 68512542 0 0 0 0 0 31709938 21238549 10471389 0 28411278 14427351 13983927 94887893 10451129 F 10451129 Bond proceeds whose use is limited 3012755 Beneficial interest in trusts 5664905 8677660 Annuities payable 585527 US Government advances for student loans 1663386 Asset retirement obligations 1554361 SWAP contract 800068 Deposits 57051 4660393 79249749 81663200 -2413451 6259512 0 0 0 0 6259512 3846061 64952187 6259512 0 0 0 6259512 58692675 0 20557074 20557074 79249749 61106126 0 0 0 0 0 61106126 0 20557074 20557074 81663200 SchD_P03_S00_L04 Schedule D, Part III, Line 4 The University's collection consists of items associated with the history of the University maintained in an Archives. There are also various works of art in our chapels. These items help to promote our educational mission by providing research material on the history of the University. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The University's endowment provides funds to support financial aid, faculty salaries and general operations. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Scholarship allowances SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Scholarship allowances 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 The University's racially non-discriminatory policy is made known to the general community it serves through its public relations activities and efforts, its admissions office, it alumni office, and through its catalogue and various publications. SchE_P01_S00_L06 Schedule E, Part I, Line 6 The State of Maryland provides aid to the University from the Sellinger Program of State Aid to Non-Public Institutions. Europe (including Iceland and Greenland) 0 2 Program Services Educational study abroad program 101332 0 2 101332 0 0 0 0 0 0 Golf Tournament 32773 0 32773 3950 0 0 0 0 20641 Golf Tournament 15115 0 15115 0 0 5937 0 0 2228 6 41306 0 41306 0 0 2700 0 0 9157 89194 0 89194 3950 0 8637 0 0 32026 44613 44581 1 Financial aid awarded to students based on merit. Financial aid is awarded from endowment funds restricted for scholarships. The balance of financial aid represents a discount on tuition and fees. 1501 20557074 SchI_P01_S00_L02 Schedule I, Part I, Line 2 The University's use of grant funds is to provide financial aid to our students. We monitor the use of these University funds in accordance with estabished levels of awards based on a student's merit classification and on an annual budget. The University follows all regulations relative to the awarding of financial assistance which is monitored by the Financial Aid Office. X X X X 1 1 X X X X 1 0 0 0 0 0 0 0 0 Thomas Powell 318041 0 0 0 0 0 65000 0 79458 0 462499 0 0 0 Dan Soller 178904 0 1000 0 0 0 10000 0 32356 0 222260 0 0 0 Michael Malewicki 171132 0 1000 0 0 0 0 0 14723 0 186855 0 0 0 John Butler 161618 0 6000 0 0 0 0 0 21169 0 188787 0 0 0 David Rehm 166246 0 1000 0 0 0 0 0 16316 0 183562 0 0 0 David Bushman 141459 0 1000 0 0 0 0 0 21876 0 164335 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a As part of the President's employment contract, the President is required to live in a house provided by the University. Many University events are held at his residence. Housekeeping services are provided to support these events. His employment contract also provides for travel for companions and a discretionary spending account. Companion travel is for University related activities. The discretionary spending account is to further the mission and interests of the University, consistent with its 501 (c) (3) status. The President provides an accounting of the use of such funds annually to the Audit Committee of the Board of Trustees. SchJ_P01_S00_L03 Schedule J, Part I, Line 3 Compensation survey data comes from the College and University Personnel Association survey. A three-year historical salary comparison of President's salary data is used to develop two comparison groups, the University aspirational peers and the compensation study comparison group. This data is used by the Compensation Committee to prepare a written employment contract. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 The University and John Butler entered into a Separation Agreement which included continuation of salary and benefits for Mr. Butler for a six month period, which ended in 2010. County Commissioners of Frederick County 526000943 355697BL6 2006-01-12 22065000 Refunding of Series 2001B and construction of new residence hall 0 0 0 County Commissioners of Frederick County 526000943 355697CB7 2007-03-27 22315000 Refunding of Series 2001A bonds and campus projects 0 0 0 Town of Emmitsburg 526017142 2007-12-21 10000000 Renovation to residence hall 0 0 0 Town of Emmitsburg 566017142 2008-12-23 10000000 Renovations to residence hall 0 0 0 680000 0 22328868 3058631 0 6204692 454726 0 0 12610819 0 0 2008 0 1 1 1 1335000 0 22218074 0 0 17559830 335006 0 0 4323238 0 0 2009 0 1 1 1 0 0 10000000 0 0 0 79416 0 0 9920584 0 0 2010 0 0 1 1 0 0 10000000 0 0 0 46829 0 0 9953171 0 0 2010 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 Town of Emmitsburg 526017142 2009-12-29 1250000 Renovations to residence hall 0 0 0 0 0 1250000 0 0 0 92516 0 0 1157484 0 0 2010 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 X 29 763405 Market Value 0 0 1 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b The University uses a third party to process and sell noncash gifts of securities on a fee per transaction basis. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Form 990 is presented to the Audit Committee of the Board for their review and approval prior to filing with the IRS. A copy of the Form 990 is provided to each member of the Board of Trustees for their review. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Compliance with the conflict of interest policy is monitored by the Office of the President. Conflicts with members of the Board of Trustees are disclosed, and distributed to relevant departments annually. Transactions with these parties are separately reviewed. An individual or trustee with a conflict removes themselves for the deliberations and decision. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The President presents a self-evaluation to the Board of Trustees based on agreed upon performance goals. The Executive Committee of the Board of Trustees review salary and benefit comparison data compiled from several sources for institutions of similar size and scope. The full Board discusses the President's performance and reviews the comparative salary data. The Executive Committee makes the final decision on the President's salary and deferred compensation, which is communicated to the full Board of Trustees. The Executive Committee is comprised of independent members and the meetings are documented by formal minutes. For other officers or highly compensated employees, survey data provided by NACUBO and CUPA are used along with compensation data from peer organizations. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The governing documents, conflict of interest policy, and financial statements are made available to the public upon request. F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized gains on investments and swap agreements total $6,259,512.