WALSH UNIVERSITY: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- WALSH UNIVERSITY (EIN 34-0868798)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-03-08
- IRS object ID
- 201240689349300954
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-03-08T12:17:06-06:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRUNER-COX LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 35429 | AddressLine1 |
| City | CANTON | City |
| State | OH | State |
| ZIP Code | 447355429 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 340868798 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WALSH UNIVERSITY INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WALS | NameControl |
| Phone | 3304997090 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2020 EAST MAPLE ST | AddressLine1 |
| City | NORTH CANTON | City |
| State | OH | State |
| ZIP Code | 447203396 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PHILIP J DANIELS | Name |
| Title | VP FINANCE & BUSINESS AFFAIRS | Title |
| Phone | 3304997131 | Phone |
| Date Signed | 2012-03-01 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RONALD J MANSE | Name |
| Phone | 3304972000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | RICHARD JUSSEAUME | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2020 EAST MAPLE ST | AddressLine1 |
| City | NORTH CANTON | City |
| State | OH | State |
| ZIP Code | 447203396 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 68679368 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.WALSH.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1958 | YearFormation |
| State Legal Domicile | OH | StateLegalDomicile |
| Activity Or Mission Description | WALSH UNIVERSITY IS AN INDEPENDENT, COEDUCATIONAL CATHOLIC, LIBERAL ARTS AND SCIENCES INSTITUTION. FOUNDED BY THE BROTHERS OF CHRISTIAN INSTRUCTION, WALSH UNIVERSITY IS DEDICATED TO EDUCATING ITS STUDENTS TO BECOME LEADERS IN SERVICE TO OTHERS THROUGH A VALUES-BASED EDUCATION WITH AN INTERNATIONAL PERSPECTIVE IN THE JUDEO-CHRISTIAN TRADITION. WALSH UNIVERSITY BELIEVES IN THE DESIRABILITY OF A SMALL UNIVERSITY THAT PROMOTES ACADEMIC EXCELLENCE, A DIVERSE COMMUNITY AND CLOSE STUDENT-TEACHER INTERACTIONS. THE UNIVERSITY PROVIDES ITS STUDENTS A HIGHER EDUCATION THAT FOSTERS CRITICAL THINKING, EFFECTIVE COMMUNICATION, SPIRITUAL GROWTH, AND PERSONAL, PROFESSIONAL AND CULTURAL DEVELOPMENT. WALSH UNIVERSITY ENCOURAGES INDIVIDUALS TO ACT IN ACCORDANCE WITH REASON GUIDED BY THE EXAMPLE AND TEACHINGS OF JESUS CHRIST. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 36 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 35 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1681 | TotalNbrEmployees |
| Total Nbr Volunteers | 310 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -7308 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 4039632 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3579892 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 59441237 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 61684254 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 171968 | InvestmentIncomePriorYear |
| Investment Income Current Year | 275773 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 305617 | OtherRevenuePriorYear |
| Other Revenue Current Year | 421044 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 63958454 | TotalRevenuePriorYear |
| Total Revenue Current Year | 65960963 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 18878063 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 20115119 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 21742128 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 22970107 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 37731 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 5000 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 853593 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 18154238 | OtherExpensePriorYear |
| Other Expenses Current Year | 18619616 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 58812160 | TotalExpensesPriorYear |
| Total Expenses Current Year | 61709842 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 5146294 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 4251121 | RevenuesLessExpensesCY |
| Total Assets BOY | 88954912 | TotalAssetsBOY |
| Total Assets EOY | 93229994 | TotalAssetsEOY |
| Total Liabilities BOY | 35343204 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 33679434 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 53611708 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 59550560 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | WALSH UNIVERSITY IS AN INDEPENDENT, COEDUCATIONAL CATHOLIC, LIBERAL ARTS AND SCIENCES INSTITUTION. FOUNDED BY THE BROTHERS OF CHRISTIAN INSTRUCTION, WALSH UNIVERSITY IS DEDICATED TO EDUCATING ITS STUDENTS TO BECOME LEADERS IN SERVICE TO OTHERS THROUGH A VALUES-BASED EDUCATION WITH AN INTERNATIONAL PERSPECTIVE IN THE JUDEO-CHRISTIAN TRADITION. WALSH UNIVERSITY BELIEVES IN THE DESIRABILITY OF A SMALL UNIVERSITY THAT PROMOTES ACADEMIC EXCELLENCE, A DIVERSE COMMUNITY AND CLOSE STUDENT-TEACHER INTERACTIONS. THE UNIVERSITY PROVIDES ITS STUDENTS A HIGHER EDUCATION THAT FOSTERS CRITICAL THINKING, EFFECTIVE COMMUNICATION, SPIRITUAL GROWTH, AND PERSONAL, PROFESSIONAL AND CULTURAL DEVELOPMENT. WALSH UNIVERSITY ENCOURAGES INDIVIDUALS TO ACT IN ACCORDANCE WITH REASON GUIDED BY THE EXAMPLE AND TEACHINGS OF JESUS CHRIST. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 54999972 | Expense |
| Grants | 20115119 | Grants |
| Revenue | 61684254 | Revenue |
| Description | THE UNIVERSITY PROVIDES APPROXIMATELY 3,000 STUDENTS ON SIX CAMPUS LOCATIONS A HIGHER EDUCATION THAT FOSTERS CRITICAL THINKING, EFFECTIVE COMMUNICATION, SPIRITUAL GROWTH, AND PERSONAL, PROFESSIONAL AND CULTURAL DEVELOPMENT. THE UNIVERSITY OFFERS THE FOLLOWING DEGREES: ASSOCIATE OF ARTS, ASSOCIATE OF SCIENCE IN COMPUTER SCIENCE, BACHELOR OF ARTS, BACHELOR OF SCIENCE, BACHELOR OF SCIENCE IN EDUCATION, BACHELOR OF SCIENCE IN NURSING, MASTER OF ARTS IN EDUCATION, MASTERS IN BUSINESS ADMINISTRATION (MBA), MASTERS OF ARTS IN COUNSELING AND HUMAN DEVELOPMENT, MASTERS OF ARTS IN THEOLOGY, DOCTOR OF NURSING PRACTICE, DOCTOR OF PHYSICAL THERAPY. WALSH UNIVERSITY IS ACCREDITED BY THE FOLLOWING: NORTH CENTRAL ASSOCIATION/HIGHER LEARNING COMMISSION, NATIONAL LEAGUE FOR NURSING ACCREDITING COMMISSION, THE COMMISSION ON ACCREDITATION IN PHYSICAL THERAPY EDUCATION, COUNCIL FOR ACCREDITATION OF COUNSELING AND RELATED EDUCATIONAL PROGRAMS, OHIO DEPARTMENT OF EDUCATION, OHIO BOARD OF COUNSELING & SOCIAL WORK, AMERICAN PHYSICAL THERAPY ASSOCIATION.WALSH UNIVERSITY'S LIBRARY HOUSES 134,414 VOLUMES, 262 PAPER SUBSCRIPTIONS, 61,193 ELECTRONIC PERIODICALS, 117,600 ELECTRONIC BOOKS, 208 ELECTRONIC DATABASES, 4,240 AUDIO VISUAL TITLES ON PHYSICAL MEDIA AND 8,228 STREAMING EDUCATIONAL VIDEOS. THE WALSH LIBRARY IS A MEMBER OF OCLC, OHIOLINK, OHIONET AND OPAL (OHIO PRIVATE ACADEMIC LIBRARIES) AND ALL LIBRARY RESOURCES ARE SEARCHABLE THROUGH THE INTERNET.THE STUDENT AFFAIRS TEAM IS A DIVERSE COLLECTION OF EDUCATORS COMMITTED TO THE HOLISTIC DEVELOPMENT OF STUDENTS, FIRMLY BELIEVING THAT ALL STUDENTS HAVE THE POTENTIAL TO BECOME VALUABLE ASSETS TO OUR WORLD COMMUNITY. MEMBERS OF THE STUDENT AFFAIRS TEAM EMBODY THE CHRISTIAN VALUES ESPOUSED IN THE UNIVERSITY MISSION STATEMENT, ENFLESHED BY OUR CARE AND CONCERN FOR STUDENTS, RELATIONSHIPS, AND THE COMMUNITY. WALSH UNIVERSITY PROVIDES OVER 1000 STUDENTS WITH HOUSING AND DINING SERVICES. SEVERAL OF THE NINE RESIDENCE HALLS ARE NEWLY CONSTRUCTED AND OFFER APARTMENT-STYLE AND SUITE-STYLE LIVING. DINING SERVICE FACILITIES INCLUDE THE SCHERVISH DINING HALL, THE BETZLER GRILLE, THE CAVALIER CAFE AND THE C-STORE OFFERING VARIOUS MEAL PLAN SELECTIONS AND DINING INNOVATIONS.WALSH UNIVERSITY'S ATHLETIC PROGRAM OFFERS 19 DIFFERENT MEN'S AND WOMEN'S ATHLETIC TEAMS. WALSH IS A MEMBER OF THE NATIONAL ASSOCIATION OF INTERCOLLEGIATE ATHLETICS AND COMPETES IN THE 20 MEMBER AMERICAN MIDEAST CONFERENCE AND THE MID-STATES FOOTBALL ASSOCIATION. THE WALSH CAVALIERS ENJOY A WINNING TRADITION, GARNERING A NATIONAL ASSOCIATION OF INTERCOLLEGIATE ATHLETICS NATIONAL CHAMPIONSHIP IN BOTH MEN'S AND WOMEN'S BASKETBALL, WINNING THE AMERICAN MIDEAST CONFERENCE CHAMPIONSHIP IN MEN'S AND WOMEN'S BASKETBALL, MEN'S AND WOMEN'S TENNIS, THE NAIA REGION IX CHAMPIONSHIP IN WOMEN'S TENNIS AND MEN'S BASEBALL AND WINNING THE WOMEN'S ALL-SPORTS AWARD FOR THE AMC. ADDITIONALLY THE WOMEN'S BASKETBALL PROGRAM REACHED THE NAIA FINAL FOUR IN SIOUX CITY, IOWA.WALSH UNIVERSITY ATHLETICS IS CURRENTLY IN THE PROCESS TO BECOME A MEMBER OF THE NCAA II AND ANTICIPATES MOVING FROM CANDIDACY YEAR II TO PROBATIONARY STATUS FOR THE 2012-1013 ACADEMIC YEAR. RECENTLY, WALSH WAS ADMITTED INTO MEMBERSHIP OF THE GREAT LAKES INTERCOLLEGIATE ATHLETIC CONFERENCE OF THE NCAA II AND WILL COMPETE FOR SOME SELECTED CONFERENCE CHAMPIONSHIPS IN 2012-2013 AND FOR ALL CONFERENCE CHAMPIONSHIPS ONCE THE ATHLETICS PROGRAM IS GRANTED FULL MEMBERSHIP INTO THE NCAA II (ANTICIPATED DATE OF JULY 2013).WALSH'S NEW BIRK CENTER FOR THE ARTS OPENED IN JANUARY 2012. THE 13,002 SQUARE FOOT STRUCTURE PROVIDES A NURTURING HOME FOR THE CREATIVE ARTS ON OUR CAMPUS, SUPPORTING ACADEMIC AND CO-CURRICULAR PROGRAMS IN MUSIC, VISUAL ART, DRAMA AND DANCE. IT WILL ALSO HOUSE NEW COMMUNITY BASED PROJECTS TO PROVIDE OUTREACH IN THE ARTS TO YOUTH AS WELL AS ADULTS. | Description |
| Total Program Service Expense | 54999972 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 97 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1681 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | IT | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 36 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 35 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PHILIP J DANIELS VP FOR FINANCE & BUSINESS AFFAIRSCFO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3304907131 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | WALSH UNIVERSITY INC | AddressLine1 |
| City | NORTH CANTON | City |
| State | OH | State |
| ZIP Code | 447203396 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (47 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| BR JEROME LESSARD | |||||||
| BOARD CHAIR | 2.00 | X | 0 | 0 | 0 | ||
| GERALD WALSH | |||||||
| VICE-CHAIR | 2.00 | X | 0 | 0 | 0 | ||
| ROBERT F BELDEN | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| DANIEL P CUNNINGHAM | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| JOHN E DOWLING | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| BR DANIEL CARON FIC | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| DONALD L CASTER | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| THOMAS E CECCONI | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| DENNIS BIERY | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| WILLIAM W CUSHWA | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| GRETCHEN A GRAHAM | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| NANDITA DASH | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| JUDGE SHEILA G FARMER | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| MSGR JAMES CLARKE | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| LEONARD MILAZZO | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| DR JAMES F KING MD | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| JUDITH BARNES LANCASTER | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| BR MARCEL SYLVESTRE FIC | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| GENE LITTLE | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| GREGORY W LUNTZ | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| EDWARD KLEKOTKA | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| JUDGE SARA LIOI | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| MICHAEL A PETRECCA | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| BR JOSEPH POWER FIC | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| ALFONSO REVOLLO | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| EDWARD J ROTH III | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| SHEILA RUTT | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| DR MARK JOSEPH SHEPARD MD | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| BR GUY RODDY | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| NEIL WALSH | |||||||
| PROF./FACULTY REP. | 40.00 | X | 54099 | 0 | 15599 | ||
| THEODORE STULTS | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| BR ROBERT SMYTH FIC | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| BISHOP GEORGE MURRY | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| FR JAMES SULLIVAN | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| DONALD L WALKER | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| PAUL L RUFLIN | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| ROGER DEVILLE | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| EDWARD A MAHONEY III | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| E JEFFREY ROSSI | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| RICHARD L JUSSEAUME | |||||||
| PRESIDENT | 40.00 | 241271 | 0 | 77999 | X | ||
| DR LAURENCE BOVE | |||||||
| SEC. & PROVOST | 40.00 | 122346 | 0 | 22496 | X | ||
| PHILIP DANIELS | |||||||
| TREAS./VP FINANCE & BUS. | 40.00 | 110531 | 0 | 23520 | X | ||
| DALE HOWARD | |||||||
| VP FOR ATHLETICS | 40.00 | 105698 | 0 | 23452 | X | ||
| BRIDGETTE NEISEL | |||||||
| VP FOR ADVANCEMENT | 40.00 | 105308 | 0 | 26913 | X | ||
| BRETT FRESHOUR | |||||||
| VP OF ENROLLMENT | 40.00 | 103868 | 0 | 23677 | X | ||
| LINDA LINC | |||||||
| FACULTY/ DIVISION CHAIR OF | 40.00 | 113515 | 0 | 17487 | X | ||
| CHRISTOPHER L PETROSINO | |||||||
| DEAN OF GRADUATE STUDIES | 40.00 | 96360 | 0 | 20318 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 956636 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 231143 | TotalOtherCompensation |
| Number Individuals GT100 K | 7 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SODEXO INC & AFFILIATES | |||||
| 4880 PAYSPHERE CIRCLE | CHICAGO | IL | 60674 | DINING SERVICES | 2547300 |
| FRED OLIVIER CONSTRUCTION CO | |||||
| 6315 PROMWAY AVE NW | NORTH CANTON | OH | 44720 | CONSTRUCTION CONTRACTOR | 1108297 |
| BLACK MCCUSKEY SOUERS & ARBAUGH | |||||
| 220 MARKET AVE SOUTH | CANTON | OH | 44702 | LEGAL FEES | 123045 |
| CAPLEA STUDIO ARCHITECTS | |||||
| 11700 CLEVELAND AVE NW | UNIONTOWN | OH | 44685 | DESIGN | 122280 |
| HILSCHER-CLARKE ELECTRIC CO INC | |||||
| 519 4TH ST NW | CANTON | OH | 44703 | ELECTRICAL CONTRACTOR | 117823 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
| Fundraising Events | 5446 | FundraisingEvents |
| Government Grants | 438710 | GovernmentGrants |
| All Other Contributions | 3135736 | AllOtherContributions |
| Total Contributions | 3579892 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 900099 | 51279902 | 51279902 |
| SALES/SERVICE AUXILIAR | 900099 | 10404352 | 10404352 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 61684254 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 250347 | TotalRevenueColumn |
| Exclusion | $250,347 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 400611 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 617930 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -217319 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -217319 | TotalRevenueColumn |
| Exclusion | -$217,319 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2095550 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2070124 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 25426 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 25426 | TotalRevenueColumn |
| Exclusion | $25,426 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 49680 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 5446 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 30351 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 19329 | TotalRevenueColumn |
| Exclusion | $19,329 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| OTHER REVENUE | 900099 | 577979 | $577,979 |
| RECOVERY OF BAD DEBTS | 900099 | 28285 | $28,285 |
| INTEREST INCOME STUDEN | 900099 | 6722 | $6,722 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6048 | TotalRevenueColumn |
| Exclusion | $6,048 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 619034 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 65960963 | TotalRevenueColumn |
| Related Or Exempt Function Income | 61684254 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $696,817 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56076 | Total |
| Program Services | 56076 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20059043 | Total |
| Program Services | 20059043 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 597848 | Total |
| Program Services | 158953 | ProgramServices |
| Management And General | 438895 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18361754 | Total |
| Program Services | 16292090 | ProgramServices |
| Management And General | 1557295 | ManagementAndGeneral |
| Fundraising | 512369 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 757215 | Total |
| Program Services | 638490 | ProgramServices |
| Management And General | 85506 | ManagementAndGeneral |
| Fundraising | 33219 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1801412 | Total |
| Program Services | 1574838 | ProgramServices |
| Management And General | 170751 | ManagementAndGeneral |
| Fundraising | 55823 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1451878 | Total |
| Program Services | 1256361 | ProgramServices |
| Management And General | 153665 | ManagementAndGeneral |
| Fundraising | 41852 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 61294 | Total |
| Program Services | 1263 | ProgramServices |
| Management And General | 60031 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 168745 | Total |
| Management And General | 168745 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5000 | Total |
| Fundraising | 5000 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1803703 | Total |
| Program Services | 1394065 | ProgramServices |
| Management And General | 401247 | ManagementAndGeneral |
| Fundraising | 8391 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 511596 | Total |
| Program Services | 293154 | ProgramServices |
| Management And General | 212323 | ManagementAndGeneral |
| Fundraising | 6119 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3115534 | Total |
| Program Services | 1493811 | ProgramServices |
| Management And General | 1537483 | ManagementAndGeneral |
| Fundraising | 84240 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1901359 | Total |
| Program Services | 1838274 | ProgramServices |
| Management And General | 60618 | ManagementAndGeneral |
| Fundraising | 2467 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1463981 | Total |
| Program Services | 1369050 | ProgramServices |
| Management And General | 68757 | ManagementAndGeneral |
| Fundraising | 26174 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 406768 | Total |
| Program Services | 406767 | ProgramServices |
| Management And General | 1 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4191490 | Total |
| Program Services | 4176897 | ProgramServices |
| Management And General | 14346 | ManagementAndGeneral |
| Fundraising | 247 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 240382 | Total |
| Program Services | 87932 | ProgramServices |
| Management And General | 152450 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| OTHER AUXILIARY | 2578439 | 2485765 | 50985 | 41689 |
| OTHER INSTRUCTIONAL EXP | 979876 | 969033 | 6835 | 4008 |
| OTHER ACADEMIC SUPPORT | 476883 | 158649 | 307226 | 11008 |
| DUES/MEMBERSHIPS/SUBSCR | 325032 | 227945 | 90143 | 6944 |
| BAD DEBT EXPENSE | 232511 | 218597 | 13914 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 162023 | Total |
| Program Services | 61516 | ProgramServices |
| Management And General | 100378 | ManagementAndGeneral |
| Fundraising | 129 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 61709842 | Total |
| Program Services | 54999972 | ProgramServices |
| Management And General | 5856277 | ManagementAndGeneral |
| Fundraising | 853593 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25652 | BOY |
| EOY | 89858 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9832395 | BOY |
| EOY | 12672501 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2920062 | BOY |
| EOY | 2629034 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2378380 | BOY |
| EOY | 2369968 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2431936 | BOY |
| EOY | 2456651 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17864 | BOY |
| EOY | 23145 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60382 | BOY |
| EOY | 62686 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 95449247 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 34200831 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62373367 | BOY |
| EOY | 61248416 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6058167 | BOY |
| EOY | 7550937 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2548543 | BOY |
| EOY | 3794567 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 308164 | BOY |
| EOY | 332231 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 88954912 | BOY |
| EOY | 93229994 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2641115 | BOY |
| EOY | 2533158 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 249825 | BOY |
| EOY | 278696 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29625000 | BOY |
| EOY | 28125000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2827264 | BOY |
| EOY | 2742580 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35343204 | BOY |
| EOY | 33679434 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42633301 | BOY |
| EOY | 45373234 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3695572 | BOY |
| EOY | 5394747 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7282835 | BOY |
| EOY | 8782579 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53611708 | BOY |
| EOY | 59550560 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 88954912 | BOY |
| EOY | 93229994 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 4251121 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1687731 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 283902 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8917193 | BeginningOfYearBalance |
| Contributions | 2173087 | Contributions |
| Investment Earnings Or Losses | 1848465 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 290332 | GrantsOrScholarships |
| Other Expenditures | 120126 | OtherExpenditures |
| End Of Year Balance | 12528287 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7189514 | BeginningOfYearBalance |
| Contributions | 1280315 | Contributions |
| Investment Earnings Or Losses | 825164 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 328229 | GrantsOrScholarships |
| Other Expenditures | 49571 | OtherExpenditures |
| End Of Year Balance | 8917193 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8003022 | BeginningOfYearBalance |
| Contributions | 818304 | Contributions |
| Investment Earnings Or Losses | -1582915 | InvestmentEarningsOrLosses |
| Other Expenditures | 48897 | OtherExpenditures |
| End Of Year Balance | 7189514 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.27800 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.72200 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1288827 | OtherCostOrOtherBasis |
| Book Value | 1288827 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 67918236 | OtherCostOrOtherBasis |
| Depreciation | 16956591 | Depreciation |
| Book Value | 50961645 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1085650 | OtherCostOrOtherBasis |
| Depreciation | 528731 | Depreciation |
| Book Value | 556919 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 15465719 | OtherCostOrOtherBasis |
| Depreciation | 12767275 | Depreciation |
| Book Value | 2698444 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9690815 | OtherCostOrOtherBasis |
| Depreciation | 3948234 | Depreciation |
| Book Value | 5742581 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 61248416 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| INTEREST PAYABLE | $230,641 |
| FUNDS HELD FOR OTHERS | $136,905 |
| US GOVT GRANTS REFUNDABLE | $1,133,026 |
| INTEREST RATE SWAP | $932,678 |
| TUITION DEPOSITS | $309,330 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2742580 | TotalOfAmounts |
| Total Revenue | 65960963 | TotalRevenue |
| Total Expenses | 61709842 | TotalExpenses |
| Excess Or Deficit For Year | 4251121 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1627089 | NetUnrealizedGLOnInvestments |
| Other | $60,642 | OtherAmount |
| Total Adjustments | 1687731 | TotalAdjustments |
| Excess Or Deficit Per FS | 5938852 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 48240042 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1627089 | NetUnrealizedGainsInvestments |
| Other Revenues | -19996291 | OtherRevenues |
| Revenue Not Rptd F990 | -18369202 | RevenueNotRptdF990 |
| Revenue Subtotal | 66609244 | RevenueSubtotal |
| Other Revenues Not Included | -648281 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -648281 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 65960963 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 42301190 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 650391 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 650391 | ExpensesNotRptdF990 |
| Expenses Subtotal | 41650799 | ExpensesSubtotal |
| Other Expenses Not Included | 20059043 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 20059043 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 61709842 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 4: | WALSH UNIVERSITY OWNS THE HOOVER HISTORICAL CENTER OF WALSH UNIVERSITY, WHICH IS A SMALL MUSEUM THAT HOUSES A COLLECTION OF VACUUM CLEANERS AND OTHER ITEMS FROM THE HOOVER COMPANY. THE HOOVER HISTORICAL CENTER WAS DONATED TO WALSH UNIVERSITY IN 2004 AND NOW SUPPORTS THE MUSEUM STUDIES PROGRAM AT THE UNIVERSITY. | |
| PART V, LINE 4: | THE MAJORITY OF THE ENDOWMENT FUNDS ARE USED FOR SCHOLARSHIPS. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X: | THE UNIVERSITY IS A NONPROFIT ORGANIZATION AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE UNIVERSITY FOLLOWS ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION, WHICH ADDRESSES THE INFORMATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE UNIVERSITY MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. IN ADDITION, THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT HAS DETERMINED THAT THE EFFECTS OF THIS PRONOUNCEMENT TO BE INSIGNIFICANT, THEREFORE NO ADJUSTMENTS HAVE BEEN RECORDED AND NO FURTHER DISCLOSURES REQUIRED. WITH FEW EXCEPTIONS, THE UNIVERSITY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2008. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| GAIN/LOSS ON DERIVATIVES 75,752. UNRELATED BUSINESS LOSS REPORTED ON FORM 990-T -7,308. NET INCOME FROM KENTUCKY DERBY & FASHION SHOW FUNDRAISING EVENTS -7,802. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| TUITION DISCOUNTS -20,059,043. INTEREST RATE SWAP 75,752. UNRELATED BUSINESS INCOME REPORTED ON FORM 990-T 12,200. REVENUE FROM KENTUCKY DERBY & FASHION SHOW FUNDRAISING EVENTS -25,200. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| RENTAL EXPENSES SHOWN ON 990 PART VIII LN 6B -617,930. FUNDRAISING EXPENSES SHOWN ON 990 PART VIII LN 8B -30,351. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| RENTAL EXPENSES SHOWN ON 990 PART VIII LN 6B 617,930. FUNDRAISING EXPENSES SHOWN ON 990 PART VIII LN 8B 30,351. UNRELATED BUSINESS EXPENSE REPORTED ON FORM 990-T 19,508. EXPENSES FROM KENTUCKY DERBY & FASHION SHOW FUNDRAISING EVENTS -17,398. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: | |
| TUITION DISCOUNTS 20,059,043. | PART XIII, LINE 4B - OTHER ADJUSTMENTS: |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | LOCAL NEWSPAPERS AND OTHER PRINT MEDIA OF GENERAL CIRCULATION |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | FUNDS ARE PROVIDED BY GOVERNMENT AGENCIES UNDER VARIOUS FINANCIAL ASSISTANCE PROGRAMS AND ARE LOANED TO QUALIFIED STUDENTS. THE RECEIPT OF SUCH FUNDS GENERALLY REQUIRES COMPLIANCE AUDITS SO THAT THE TERMS AND CONDITIONS OF THE GRANTOR ARE MET. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EUROPE | Region |
| Number Of Offices | 1 | NumberOfOffices |
| Number Of Employees | 4 | NumberOfEmployees |
| Type Of Activities Conducted | PROGRAM SERVICES | TypeOfActivitiesConducted |
| Specific Services Provided | INSTRUCTIONAL | SpecificServicesProvided |
| Total Expenditures | 748749 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 1 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 4 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 1 | TotalNumberOfOffices |
| Total Number Of Employees | 4 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 748749 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 748749 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | LAS VEGAS NIGHT | NameOfEvent1 |
| Gross Receipts Event1 | 24926 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 446 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 24480 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 12953 | OtherDirectExpensesEvent1 |
| Name Of Event2 | KENTUCKY DERBY | NameOfEvent2 |
| Gross Receipts Event2 | 17220 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 3575 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 13645 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 10149 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 12980 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 1425 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 11555 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 7249 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 55126 | GrossReceiptsTotal |
| Charitable Contributions Total | 5446 | CharitableContributionsTotal |
| Gross Revenue Total Events | 49680 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 30351 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 30351 | DirectExpenseSummaryEvents |
| Net Income Summary | 19329 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 0 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BROTHERS OF CHRISTIAN INSTRUCTION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 159 NOTRE DAME | AddressLine1 |
| City | ALFRED | City |
| State | ME | State |
| ZIP Code | 040020159 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 010212433 | EINOfRecipient |
| IRC Section | 501(C)(3) | IRCSection |
| Amount Of Cash Grant | 43150 | AmountOfCashGrant |
| Purpose Of Grant | HAITI RELIEF FUND | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 1 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| SCHOLARSHIPS FOR STUDENTS | 1838 | 18161789 |
| DISCOUNTS ON TUITION FOR STUDENTS | 307 | 1897254 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | RICHARD L JUSSEAUME | NamePerson |
| Base Compensation Filing Org | 162336 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 25000 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 53935 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 50185 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 27814 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 319270 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | THE PRESIDENT'S CONTRACT INCLUDES A HOUSING ALLOWANCE THAT THE UNIVERSITY PAYS AS PART OF HIS WAGES. ALSO, COUNTRY CLUB DUES ARE PAID BY THE UNIVERSITY, AND THE PRESIDENT IS TAXED ON HIS W-2 FOR THE PERSONAL PORTION OF THOSE DUES. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OHIO HIGHER EDUCATION EDUCATION FACILITY COMMISSION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 346849674 | IssuerEIN |
| Date Issued | 2009-11-19 | DateIssued |
| Issue Price | 30000000 | IssuePrice |
| Description Of Purpose | REFUNDING ISSUE | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 30000000 | TotalProceeds |
| Year Of Subst Completion | 2007 | YearOfSubstCompletion |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 1 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 1 | BondCounselRoutinelyEngaged |
| Prcntge Prvt Business Use By Others | 0.00240 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.01570 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.01810 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 1 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (5 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| MCKINLEY LIFE INSURANCE COMPANY (MLIC) | |||
| EDWARD ROTH III IS ON THE BOARD OF WALSH AND IS THE EXECUTIVE VP OF MLIC | 726328 | THE UNIVERSITY CONTRACTS WITH AULTCARE (MLIC) FOR HEALTH AND DENTAL INSURANCE AS WELL AS THE THIRD PARTY ADMINISTRATOR (AULTRA/AULTRA SELF) OF OUR HEALTH AND DEPENDENT CARE FLEXIBLE SPENDING ACCOUNTS. EDWARD J. ROTH, III IS CURRENTLY A MEMBER OF THE UNIVERSITY'S BOARD OF DIRECTORS AND IS THE PRESIDENT OF AULTMAN HEALTH FOUNDATION. THE SELECTION OF AULTCARE WAS MADE PRIOR TO MR. ROTH'S APPOINTMENT TO THE BOARD. EVERY TWO YEARS, THE UNIVERSITY RECEIVES COMPETITIVE QUOTES FROM THE RESULTS OF THE MARKET RESEARCH PERFORMED BY OUR BROKERS. IF AND WHEN ANY ISSUES CONCERNING AULTCARE ARE TAKEN TO THE BOARD, MR. ROTH WILL FOLLOW THE GUIDELINES SET BY THE CONFLICT OF INTEREST POLICY AND WILL ABSTAIN FROM VOTING. | 0 |
| FRED OLIVIERI CONSTRUCTION | |||
| FRED OLIVIERI OWNS THE COMPANY AND IS A FORMER BOARD MEMBER OF WALSH | 942089 | SEE EXTENDED DESCRIPTION ON THE NEXT PAGE OF SCHEDULE L. | 0 |
| HUNTINGTON NATIONAL BANK | |||
| GENE LITTLE IS A DIRECTOR OF HUNTINGTON BANCSHARES & IS FORMER BOARD MEMBER | 2813275 | ALL DEPOSITORY FUNDS ARE HELD AT HUNTINGTON NATIONAL BANK AND THE $30M TAX EXEMPT BOND. THE DECISION TO HAVE ALL DEPOSITORY ACCOUNTS HELD AT HUNTINGTON NATIONAL BANK WAS MADE PRIOR TO MR. LITTLE'S APPOINTMENT TO THE BOARD IN 2004. WHILE ON THE BOARD, MR. LITTLE FOLLOWED THE GUIDELINES SET BY THE CONFLICT OF INTEREST POLICY AND ABSTAINED FROM VOTING ON THE THREE INTEREST RATE SWAP AGREEMENTS AND THE PRIVATE BOND PLACEMENT OF $30 MILLION IN 2009. | 0 |
| AULTRA SELF | |||
| EDWARD ROTH III BOARD MEMBER OF WALSH AND IS THE EXECUTIVE VP OF AULTRA SEL | 266151 | SEE DESCRIPTION FOR MLIC. | 0 |
| THOMAS DOWLING | |||
| SON OF JACK DOWLING - BOARD MEMBER OF WALSH | 26931 | COMPENSATION PAID BY WALSH | 0 |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE L, PART IV, COLUMN B, LINE 2 | Identifier |
| Return Reference | DESCRIPTION OF RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION | ReturnReference |
| Explanation | FRED OLIVIERI CONSTRUCTION COMPANY WAS SELECTED AS THE GENERAL CONTRACTOR FOR THE CONSTRUCTION OF THE UNIVERSITY'S NEW CHAPEL (COMPLETED IN FY07) AND FOR THE RENOVATION OF THE UNIVERSITY'S FORMER STUDENT CENTER INTO A BUSINESS AND COMMUNITY CENTER (COMPLETED IN FY06). FISCAL YEAR 2006 WAS MR. ALFRED A. OLIVIERI'S, THE CEO OF FRED OLIVIERI CONSTRUCTION COMPANY, LAST YEAR AS A MEMBER OF WALSH UNIVERSITY'S BOARD OF DIRECTORS. THE SELECTION OF THE GENERAL CONTRACTOR FOR THESE PROJECTS WAS BASED UPON A SEALED BID PROCESS WITH CONTRACTORS GIVEN THE OPTION TO BID ON ONE OR BOTH OF THE PROJECTS. SEVERAL FIRMS PARTICIPATED AND FRED OLIVIERI CONSTRUCTION COMPANY CAME IN AS THE LOWEST BIDDER ON THE COMBINED PROJECTS AND WAS AWARDED THE CONTRACTS ACCORDINGLY.FRED OLIVIERI CONSTRUCTION COMPANY ALSO SERVED AS THE CONSTRUCTION MANAGER ON THE RENOVATION OF THE UNIVERSITY'S PHYSICAL EDUCATION BUILDING (COMPLETED IN FY07) AND THE TOWERS II RESIDENCE HALL (COMPLETED IN FY08). IN FY08 FRED OLIVIERI CONSTRUCTION COMPANY WAS ALSO AWARDED THE CONSTRUCTION CONTRACTS FOR THE CAMPUS SPORT COMPLEX (COMPLETED IN FY10) AND THE COMMUNITY COUNSELING CLINIC (COMPLETED IN FY09), BOTH ADDITIONS TO EXISTING BUILDINGS. FRED OLIVIERI WAS AWARDED THESE PROJECTS AS A RESULT OF THE "ECONOMIES OF SCALE" THAT WOULD BE RECOGNIZED BY THE UNIVERSITY, DUE TO FRED OLIVIERI'S KNOWLEDGE OF THE EXISTING BUILDINGS AND SAVINGS ON ARCHITECTURAL FEES. THE SELECTION WAS ALSO BASED ON THE COMPANY'S QUALIFICATIONS AND STRONG REPUTATION. IT WAS ALSO DETERMINED THAT FRED OLIVIERI CONSTRUCTION COMPANY, AS CONSTRUCTION MANAGER, WOULD BE RESPONSIBLE FOR UTILIZING A COMPETITIVE BID PROCESS IN THE SELECTION OF ALL SUBCONTRACTORS.THE UNIVERSITY BROKE GROUND ON THE CONSTRUCTION OF THE BIRK CENTER FOR THE ARTS IN MAY 2011. FRED OLIVIERI CONSTRUCTION COMPANY WAS AWARDED THE CONTRACT THROUGH A SEALED BID PROCESS. SIX CONTRACTORS WERE SOLICITED, FOUR RESPONDED AND FRED OLIVIERI CONSTRUCTION COMPANY CAME IN AS THE LOWEST BIDDER. | Explanation |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 6 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 99370 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV DATE OF SALE | MethodOfDeterminingRevenues |
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1039400 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISED VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | STARTING IN 2010 (FOR THE TAX YEAR ENDING JUNE 30, 2009), EACH YEAR A DRAFT OF THE FORM 990 WILL BE PRESENTED TO THE FINANCE AND AUDIT COMMITTEE FOR DISCUSSION AND APPROVAL AT THE FEBRUARY MEETING. UPON APPROVAL, THE FINANCE AND AUDIT COMMITTEE WILL RECOMMEND APPROVAL OF THE FORM 990 BY THE FULL BOARD. THE APPROVED COPY OF THE FORM 990 WILL BE MADE AVAILABLE TO ALL BOARD MEMBERS THROUGH ELECTRONIC MAIL. SCHEDULE B WILL BE REDACTED IN THE EMAILED VERSION WITH A HARD COPY MADE AVAILABLE TO THE BOARD AT THE FINANCE OFFICE. | |
| EACH YEAR, THE PRESIDENT'S OFFICE SENDS OUT "CONFIDENTIAL DISCLOSURE STATEMENTS" TO ALL MEMBERS OF THE BOARD OF DIRECTORS AND THE UNIVERSITY'S OFFICERS. BY COMPLETING AND SIGNING THE STATEMENTS EACH MEMBER OR OFFICER IS CERTIFYING THAT THEY HAVE CAREFULLY READ THE WALSH UNIVERSITY BOARD OF DIRECTORS CONFLICT OF INTEREST POLICY; THAT THEY WILL ABIDE BY THE LETTER AND THE SPIRIT OF THE POLICY AND THAT THEY WILL MAKE ALL DISCLOSURES REQUIRED UNDER THE TERMS OF THE POLICY. THE COMPLETED AND SIGNED STATEMENTS ARE SENT TO THE SECRETARY OF THE BOARD OF DIRECTORS. THE SECRETARY AND THE CHAIR OF THE BOARD REVIEW THE STATEMENTS AND MAKE A DETERMINATION AS TO THE LIKELIHOOD OF ANY ACTUAL OR POTENTIAL CONFLICTS OF INTERESTS. | FORM 990, PART VI, SECTION B, LINE 12C | |
| IN THE SPRING OF 2007, THE CURRENT COMPENSATION COMMITTEE WAS FORMED TO AMEND THE PRESIDENT'S CONTRACT. THE COMMITTEE CONSISTS OF THE CHAIRMAN OF THE BOARD OF DIRECTORS, THE VICE-CHAIRMAN OF THE BOARD OF DIRECTORS, THE FINANCE AND AUDIT COMMITTEE CHAIRMAN, AND THE VP OF FINANCE AND BUSINESS AFFAIRS/CFO. ADDITIONAL INPUT CAME FROM THE DIRECTOR OF HUMAN RESOURCES. THE COMMITTEE ESTABLISHED THE PRESIDENT'S CONTRACT AMENDMENT NO. 1, EFFECTIVE JULY 1, 2007, WHICH DEFINES ADDITIONAL BENEFITS. THE COMPENSATION COMMITTEE USED THE FOLLOWING INFORMATION AND SERVICES TO ESTABLISH THE AMENDMENT; THE NAICU PRESIDENTS NETWORK SALARY SURVEY, THE CUPA-HR ADMINISTRATIVE COMPENSATION SURVEY, CONSULTING AND LEGAL SERVICES. EACH YEAR THE CHAIRMAN AND VICE-CHAIRMAN OF THE BOARD APPROVE THE PRESIDENT'S BONUS. THE COMMITTEE WOULD ONLY CONVENE IF THE PRESIDENT WAS BEING AWARDED A HIGHER PERCENTAGE OF INCREASE THAN THE REST OF THE FACULTY AND STAFF OF THE UNIVERSITY. EACH YEAR ALL CONTRACT ADJUSTMENTS AND BONUS ALLOCATIONS ARE APPROVED BY THE BOARD OF DIRECTORS AT THE MAY BOARD MEETING THROUGH THE APPROVAL OF THE NEXT YEAR'S OPERATING BUDGET. | FORM 990, PART VI, SECTION B, LINE 15A | |
| WALSH UNIVERSITY DOES NOT MAKE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENT AVAILABLE TO THE GENERAL PUBLIC. HOWEVER, THE UNIVERSITY WILL PROVIDE THESE DOCUMENTS TO THE GENERAL PUBLIC UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 1,627,089. GAIN/LOSS ON DERIVATIVES 75,752. UNRELATED BUSINESS LOSS REPORTED ON FORM 990-T -7,308. NET INCOME FROM KENTUCKY DERBY & FASHION SHOW FUNDRAISING EVENTS -7,802. TOTAL TO FORM 990, PART XI, LINE 5: 1,687,731. | FORM 990, PART XI, LINE 5: |
| NO CHANGES WERE MADE TO THE ORGANIZATION'S OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. | PART XI, LINE 2C |
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