2011-02-14T09:17:22-06:00 2010-06-30 SC&H TAX & ADVISORY SERVICES LLC 910 RIDGEBROOK ROAD SPARKS MD 21152 990 2009-07-01 520591694 McDaniel College Inc MCDA 4108572218 2 College Hill Westminster MD 211574303 ROGER N CASEY 4108572218 2011-01-28 1 Lori S Burghauser 4104031500 2011-01-19 2009 2016-02-24 21:20:13Z ROGER N CASEY 2 College Hill Westminster MD 211574303 82804146 0 X WWW.MCDANIEL.EDU X 1867 MD STUDENTS ARE THE FOCUS AT MCDANIEL AND PROVIDING THE IDEAL LEARNING ENVIRONMENT IS OUR GOAL. CENTERED IN THE LIBERAL ARTS AND SCIENCES, A MCDANIEL EDUCATION TEACHES YOU TO THINK AND ACT CRITICALLY, CREATIVELY, AND HUMANELY. COMBINED WITH LEADERSHIP AND KNOWLEDGE IN YOUR FIELD, THESE ARE THE SKILLS THAT STUDENTS NEED TO SURMOUNT THE CHALLENGES OF THEIR FUTURE. 42 42 1944 42 690026 0 7193408 8973585 69088919 70439001 2541026 3043932 731399 347628 79554752 82804146 23335545 23970810 0 33896123 34498691 7271 32397 2854566 26589407 26227399 83828346 84729297 -4273594 -1925151 190982694 196635061 84855723 84448251 106126971 112186810 STUDENTS ARE THE FOCUS AT MCDANIEL, AND PROVIDING THE IDEAL LEARNING ENVIRONMENT FOR THE STUDENT IS OUR GOAL. CENTERED IN LIBERAL ARTS AND SCIENCES, A MCDANIEL EDUCATION TEACHES YOU TO THINK AND ACT CRITICALLY, CREATIVELY, AND HUMANELY. COMBINED WITH LEADERSHIP AND KNOWLEDGE IN YOUR FIELD, THESE ARE THE SKILLS THAT STUDENTS NEED TO SURMOUNT THE CHALLENGES OF THEIR FUTURE. 0 0 61406860 19794750 52173353 UNDERGRADUATE PROGRAM OF STUDY - 1,585 FULL TIME STUDENT EQUIVALENCY.MCDANIEL COLLEGE HAS A LONG HISTORY AS A SMALL PRIVATE COLLEGE OF THE LIBERAL ARTS. MCDANIEL OFFERS COURSES OF STUDY IN MORE THAN 60 AREAS, INCLUDING PRE-PROFESSIONAL PROGRAMS, TEACHING CERTIFICATION, AND OFF-CAMPUS PROGRAMS. STUDENTS MAY PURSUE TRADITIONAL, DUAL, OR DOUBLE MAJORS, OR DESIGN THEIR OWN COURSE OF STUDY. THE AVERAGE CLASS SIZE IS 15.2 STUDENTS; THE STUDENT-FACULTY RATIO IS 12-1, MCDANIEL HAS 105 FULL-TIME FACULTY; 91.1 PERCENT HOLD DOCTORATE DEGREES IN THEIR DISCIPLINES. ALL COURSES AND LABORATORIES ARE TAUGHT BY REGULAR FACULTY MEMBERS, NOT TEACHING ASSISTANTS. THE COLLEGE OFFERS COUNTLESS OPPORTUNITIES FOR OFF-CAMPUS STUDY BOTH WITHIN THE UNITED STATES AND OVERSEAS. AMONG THEM: STUDY IN BUDAPEST, HUNGARY THROUGH AN AGREEMENT WITH COLLEGE INTERNATIONAL WHICH FOLLOWS MCDANIEL'S CURRICULUM.MCDANIEL IS ACCREDITED BY THE COMMISSION ON HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS. 12034850 4077356 10054070 AUXILARY SERVICES: DINING HALL SERVICES FOR 1,251 STUDENTS AND RESIDENCE HALL SERVICES FOR 1,271 STUDENTS.RESIDENCE HALL - AT MCDANIEL FIRST, SECOND AND THIRD YEAR STUDENTS ALL LIVE ON CAMPUS. IN FACT, ALL STUDENTS ARE GUARANTEED HOUSING FOR ALL FOUR YEARS. EXCEPTIONS TO THE RESIDENCY REQUIREMENTS ARE MADE FOR THOSE WHO LIVE NEARBY WITH THEIR PARENTS, ARE MARRIED, OR ARE OVER AGE 24 OR PART TIME.YOU'LL FIND A RANGE OF OPTIONS, INCLUDING CLASSIC DORM STYLE ARRANGEMENTS AND APARTMENT SUITES, STAFFED BY FRIENDLY AND CAPABLE RESIDENT ASSISTANTS, WHO ARE SUPERVISED BY PROFESSIONAL STAFF. ALL RESIDENCES ARE WIRED FOR CABLE, TELEPHONE AND THE INTERNET.DINING HALL - AT MCDANIEL, STUDENTS HAVE A WIDE RANGE OF DINING CHOICES, CHOOSEN FROM A VARIETY OF MEAL PLANS DESIGNED FOR DORM, APARTMENT, OR COMMUTER STUDENT LIVING. ALL DINING LOCATIONS ARE WITHIN WALKING DISTANCE AND OFFER EXTENSIVE HOURS. 5140400 98704 7444635 GRADUATE PROGRAM OF STUDY - FULL TIME STUDENT EQUIVALENCY 888.THE MISSION OF GRADUATE AND PROFESSIONAL STUDIES IS TO PREPARE CULTURALLY COMPETENT PROFESSIONALS COMMITTED TO LEADERSHIP IN THEIR FIELD. STUDENTS ARE PLACED IN THE CENTER OF A COMMUNITY RICH IN THE LIBERAL ARTS TRADITION. AN EMPHASIS ON THE FOUNDATION OF KNOWLEDGE AND CRITICAL DECISION MAKING BASED ON CURRENT RESEARCH, THEORY AND PRACTICE ARE CENTRAL TO THE VARIOUS PROGRAMS.TWO GRADUATE DEGREES ARE GRANTED BY MCDANIEL COLLEGE: THE MASTER OF LIBERAL ARTS: AND THE MASTER OF SCIENCE. MCDANIEL COLLEGE IS ACCREDITED BY THE COMMISSION ON HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS, ALSO ACCREDITED BY: AMERICAN CHEMICAL SOCIETY, COUNCIL ON SOCIAL WORK EDUCATION, NATIONAL COUNCIL FOR ACCREDITATION OF TEACHER EDUCATION AND MARYLAND STATE DEPARTMENT OF EDUCATION.MCDANIEL COLLEGE GRADUATE AND PROFESSIONAL STUDIES DOES MORE THAN PREPARE TEACHERS, ADMINISTRATORS, COUNSELORS, AND A HOST OF EDUCATIONAL SPECIALISTS. AT MCDANIEL, YOU WILL FIND PROFESSIONAL PROGRAMS IN EXERCISE SCIENCE, GERONTOLOGY, HUMAN RESOURCE MANAGEMENT, AND LEADERSHIP IN GLOBAL ENTERPRISE. 78582110 1 1 0 1 0 0 0 0 1 1 0 1 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 199 0 1944 1 1 1 0 0 0 0 0 0 0 0 42 42 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X ARTHUR S WISNER 4108572218 2 COLLEGE HILL WESTMINSTER MD 211574390 MARTIN KP Hill X 0 0 0 Mary Lynn Durham X 0 0 0 George R Benson Jr X 0 0 0 Carol A Carter X 0 0 0 Wayne K Curry X 0 0 0 WILLIAM B DULANY X 0 0 0 William H Elliott X 0 0 0 Philip G Enstice X 0 0 0 NUPUR P FLYNN X 0 0 0 RALPH O FRITH X 0 0 0 J Elizabeth Garraway X 0 0 0 Kenneth R Gill X 0 0 0 OTTO J GUENTHER X 0 0 0 Kevin F Hanley X 0 0 0 Steven D Kesler X 0 0 0 MARJORIE R KIMBLE X 0 0 0 Carolyn P Landis X 0 0 0 SHARON F MANNING X 0 0 0 JAMES I MELHORN X 0 0 0 JULIE MERCER X 0 0 0 Albert J Mezzanotte Jr X 0 0 0 Charles E Moore Jr X 0 0 0 CHITRACHEDU NAGANNA X 0 0 0 CHRISTOPHER C NEWMAN X 0 0 0 Caryl Ensor Peterson X 0 0 0 Bruce H Preston X 0 0 0 DONALD M REMBERT X 0 0 0 R Christine Royer X 0 0 0 Carolyn L Scott X 0 0 0 BARBARA SHELTON X 0 0 0 Robert W Smith Jr X 0 0 0 Dolores J Snyder X 0 0 0 Ferenc Somogyi X 0 0 0 Barbara A Thomas X 0 0 0 Constance M Unseld X 0 0 0 Nancy C Voss X 0 0 0 Robert E Warfield X 0 0 0 Michael E Weinblatt X 0 0 0 THOMAS D WELLIVER X 0 0 0 William J Westervelt J X 0 0 0 Leslie A Wiley X 0 0 0 James H Yates X 0 0 0 JOAN DEVELIN COLEY 40.00 X 321268 0 192552 ETHAN A SEIDEL 40.00 X 191942 0 29789 ARTHUR S WISNER 40.00 X 104078 0 19156 KIMBERLY A SEELEY 40.00 X 82113 0 22158 MARY ANN FRIDAY 40.00 X 48569 0 9159 TAMARA BOWEN 40.00 X 25960 0 8706 RICHARD G KIEF 40.00 X 223547 0 48361 THOMAS M FALKNER 40.00 X 194786 0 30624 THOMAS ZIRPOLI 40.00 X 147448 0 24363 LAWRENCE JUNKIN 40.00 X 130655 0 22621 FLORENCE W HINES 40.00 X 134967 0 36000 FRANCIS FENNELL 40.00 X 136897 0 29765 BETH GERL 40.00 X 128640 0 45217 1870870 0 518471 10 0 1 0 SODEXO MANAGEMENT SERVICES 153 SECOND AVENUE WALTHAM MA 02254 FOOD SERVICE CONTRACTOR/MANAGEMENT FEES 3803754 hENRY H LEWIS CONTRACTORS 55 GWYNN MILL COURT OWINGS MILLS MD 21117 prOJECT GENERAL CONTRACTOR 2003257 MARSHALL CRAFT ASSOCIATES 6112 YORK ROAD BALTIMORE MD 21212 ARCHITECTURAL SVCS 333437 PATRICK CONSTRUCTION 440 WEST DEEP RUN ROAD WESTMINSTER MD 21158 PROJECT GENERAL CONTRACTOR 237119 JNE 3505 BASLER ROAD HAMPSTEAD MD 21074 PAINTING CONTRACTOR 128620 5 88849 2643069 6241667 8973585 TUITION & FEES - UNDER 611600 52173353 52173353 SALES/SERVICES OF AUXI 721310 10646665 10054070 592595 TUITION & FEES - GRADU 611600 7444635 7444635 MISCELLANEOUS INCOME 611710 174348 174348 70439001 660615 660615 629907 629907 1753410 1753410 1753410 1753410 PARKING FINES/FEES 900099 158305 158305 THEATER 711110 103465 103465 GOLF COURSE 713910 101608 101608 -15750 -4177 -11573 347628 82804146 69672058 690026 3468477 23970810 23970810 1395805 203921 919168 272716 23949022 21666307 1105071 1177644 1710380 1565115 66116 79149 5742994 5022426 413956 306612 1700490 1520234 91882 88374 387558 387558 143023 105762 37261 78785 78785 32397 32397 537626 537626 2764194 2552171 140872 71151 967853 846198 15949 105706 3255172 3051552 50786 152834 674252 579191 17089 77972 3144963 3144963 320967 250798 10236 59933 388414 110267 44654 233493 2412249 2412249 195587 195587 6063453 6063453 351855 351855 REPAIR/MAINTENANCE 1822824 1818721 4103 SPONSOR PROGRAM 1199463 1199463 MISCELLANEOUS 886763 488019 202159 196585 INTERCOLLEGIATE ATHLETI 537864 537864 INVESTMENT EXPENSES 94534 94534 84729297 78582110 3292621 2854566 11002906 13160672 4647910 6260331 1338071 1483930 2435084 2441381 412035 405099 293280 132826 139824201 63300623 80372613 76523578 60417543 66743585 10636202 10161612 19427050 19322047 190982694 196635061 12585585 12987394 2822225 3165623 66494064 65446853 790000 660000 2163849 2188381 84855723 84448251 X 48185120 46730557 15106632 19081984 42835219 46374269 106126971 112186810 190982694 196635061 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 13063 13063 0 Part II-B, Line 1i: Explanation of Other Lobbying Activities: THE ORGANIZATION PAID MEMBERSHIP DUES OF $81,646 TO THE MARYLAND INDEPENDENT COLLEGES AND UNIVERSITIES ASSOCIATION (MICUA), WHICH ENGAGES IN LOBBYING ACTIVITY. MICUA SET ASIDE 16% OF THE DUES PAID TO ENGAGE IN NONDEDUCTIBLE LOBBYING AND POLITICAL EXPENDITURES. ACCORDINGLY, THE COLLEGE HAS REPORTED AN AMOUNT EQUAL TO 16% OF MEMBERSHIP DUES PAID ON LINE 1I. 67615165 1671980 8729067 3307502 74708710 80473735 1224354 -10577240 3505684 67615165 0.31440 0.57480 0.11080 0 0 2317941 2317941 118808550 50525877 68282673 6884679 4159573 2725106 9929405 7567955 2361450 1883626 1047218 836408 76523578 INVESTMENT IN VENTURE LEADING & LEASING III 112248 F INVESTMENT IN VENTURE LEADING & LEASING IV 942200 F COMMON FUNDS 8284476 F CASH SURRENDER VALUE - LIFE INSURANCE 230264 F FMNI INVESTMENT NOTE 20654 F GOVERNMENT SECURITIES 571770 F 10161612 NET INVESTMENT IN WMC DEVELOPMENT 6208397 DEPOSITS WITH BOND TRUSTEES 13113650 19322047 REFUNDABLE ADVANCES FROM THE U.S. GOVERNMENT 2188381 2188381 82804146 84729297 -1925151 8011703 -26713 7984990 6059839 66186166 8011703 8011703 58174463 537626 24092057 24629683 82804146 60126327 0 60126327 537626 24065344 24602970 84729297 Part V, Line 4: Description of Intended Use of Endowment Funds: IN THE EVENT THE COLLEGE RECEIVES DONOR-RESTRICTED ENDOWMENT FUNDS, DETERMINATION OF THE NET ASSET CLASSIFICATION FOR THE CORPUS AND RETURN ON INVESTMENTS IS BASED ON THE DONOR'S INTENTIONS. IN THE EVENT THE COLLEGE'S BOARD DETERMINES CERTAIN NON-DONOR FUNDS AS BOARD DESIGNATED, THOSE RESPECTIVE FUNDS ARE CLASSIFIED AS UNRESTRICTED AND THE RETURN ON THOSE FUNDS ARE USED TO SUPPORT THE GENERAL PROGRAM EXPENSES OF THE ANNUAL BUDGET. Part X: Description of Uncertain Tax Positions Under FIN 48: FIN 48 DISCLOSURE FROM FINANACIAL STATEMENT: ASC 740, Income Taxes (ASC 740), prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The amount recognized is measured as the largest amount of benefit that is greater than 50 percent likely of being realized upon ulimate settlement. The College adopted the provisions of ASC 740 during the year ended June 30, 2008. The adoption did not have a material impact on the College's consolidated financial statements. Part XI, Line 8 - Other Adjustments: Book/Tax difference on partnership investments: -26713. Part XII, Line 4b - Other Adjustments: FINANCIAL AID: 23970810. PARTNERSHIP INVESTMENT INCOME: 121247. Part XIII, Line 4b - Other Adjustments: FINAnCIAL AID: 23970810. PARTNERSHIP INVESTMENT EXPENSES: 94534. PART XII, LINE 2A: NET UNREALIZED GAIN ON INVESTMENTS AS A RESULT OF MARKET CHANGE FOR FISCAL YEAR 2010. THE INCREASE WAS ASSOCIATED WITH THE COLLEGE ENDOWMENT MARKET CHANGE DURING FISCAL 2010. PART XII, LINE 4B AND PART XIII, LINE 4B: SCHOLARSHIP AND FINANCIAL AID IS CONSIDERED FINANCIAL RESOURCE USED TO DISCOUNT THE STUDENTS' FINANCIAL OBLIGATION. GENERALLY SCHOLARSHIPS AND FINANCIAL AID IS DIVIDED INTO TWO CATEGORIES: NON-NEED-BASED AND NEED-BASED. PER THE AUDITED FINANCIAL STATEMENTS, SCHOLARSHIP AND FINANCIAL AID IS RECORDED AS A DISCOUNT TO GROSS TUITION AND FEES. PER THE TAX RETURN, SCHOLARSHIPS AND FINANCIAL AID IS RECORDED ON PART IX, LINE 3. 1 1 1 SEE SCHEDULE O 1 1 1 1 0 0 0 0 0 0 0 0 1 0 MCDANIEL RECEIVES GRANTS AND SCHOLARSHIPS FOR FINANCIAL AID FROM THE FEDERAL GOVERNMENT AS WELL AS THE STATE OF MARYLAND. THE FUNDS THAT ARE RECEIVED ARE EARMARKED BY THE GOVERNMENT AGENCY FOR CERTAIN STUDENTS AND THE COLLEGE HAS NO DECISION MAKING POWER OVER THE FUNDS. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICE PREPARATORY PROG. 0 0 0 0 Schedule F, Part IV Other Information MCDANIEL RECEIVED $140,210 IN REVENUE FOR PREPARATORY PROGRAM (PRE MED COURSES). COURSES WERE TAUGHT UNDER THE MCDANIEL CURRICULUM. 1 SCHOLARSHIPS/FELLOWSHIPS 1780 0 23970810 BOOK ACADEMIC & FINANCIAL NEED BASED Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: A LIST OF RECIPIENTS OF SCHOLARSHIPS IS ON FILE AT THE INSTITUTION AND IS AVAILABLE ON REQUEST. ALTHOUGH THERE MAY BE RECIPIENTS WHO ARE RELATED TO PERSONS HAVING AN INTEREST IN THE INSTITUTION, SUCH RECIPIENTS ARE SELECTED ON AN EQUAL, OBJECTIVELY DETERMINABLE BASIS WITH OTHER RECIPIENTS. THAT IS, ALL STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS. X X X X 0 0 0 0 0 0 0 0 0 JOAN DEVELIN COLEY 304768 0 0 0 16500 0 174500 0 18052 0 513820 0 0 0 ETHAN A SEIDEL 175442 0 0 0 16500 0 19500 0 10289 0 221731 0 0 0 RICHARD G KIEF 223547 0 0 0 0 0 22441 0 25920 0 271908 0 0 0 THOMAS M FALKNER 194786 0 0 0 0 0 17360 0 13264 0 225410 0 0 0 THOMAS ZIRPOLI 147448 0 0 0 0 0 14719 0 9644 0 171811 0 0 0 LAWRENCE JUNKIN 130655 0 0 0 0 0 6825 0 15796 0 153276 0 0 0 FLORENCE W HINES 134967 0 0 0 0 0 14500 0 21500 0 170967 0 0 0 FRANCIS FENNELL 136897 0 0 0 0 0 12264 0 17501 0 166662 0 0 0 BETH GERL 128640 0 0 0 0 0 13000 0 32217 0 173857 0 0 0 CITY OF WESTMINSTER MD 526000811 960733AY9 2002-12-23 17010000 STD RESIDENT FAC, ACADEMIC BUILDING AND PROVIDE FUNDS TO REFUND 1997 ISSUE. 0 0 CITY OF WESTMINSTER MD 526000811 960733BU6 2006-11-16 33760000 STD RESIDENT FAC, NEW FITNESS CTR, AND CONSTRUCTION OF GROUNDS DEPT FACILITY 1 0 17010000 531452 9826765 2004 0 0 1 1 34454110 13113650 248951 20741937 2007 1 1 1 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 Form 990, Part VI, Section B, line 11 The Form 990 is posted to the Board of Directors' trustee website for review. The Form 990 is part of the February 5, 2011 board meeting agenda. The Form 990 is accepted at this meeting prior to filing. Form 990, Part VI, Section B, line 12c MCDANIEL COLLEGE HAS ALL TRUSTEES, KEY EMPLOYEES, AND OFFICERS COMPLETE AN ANNUAL DISCLOSURE STATEMENT FOR CONFLICTS OF INTEREST. TAXPAYER HAS 100% PARTICIPATION WITH THE COMPLETION OF THE STATEMENT. A LIST IS COMPILED, REVIEWED AND ON FILE WITH THE FINANCE AND PRESIDENT'S OFFICE. CONTRACTS AND VENDORS ARE PERIODICALLY REVIEWED AND BIDS ARE OBTAINED AND REVIEWED WITH CONFLICT OF INTEREST AWARENESS. Form 990, Part VI, Section B, line 15 THE PRESIDENT (CE0) AND PRESIDENT'S COUNCIL (VPS/PROVOST) COMPENSATION PACKAGES ARE REVIEWED ANNUALLY BY AN EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD. A COMPARISON OF COMPENSATION IS MADE TO THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION'S (CUPA) ADMINISTRATIVE COMPENSATION SURVEY. PERFORMANCE EVALUATIONS ARE ALSO REVIEWED. A RECOMMENDATION IS MADE TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR APPROVAL OF COMPENSATION PACKAGES. OTHER OFFICERS AND KEY EMPLOYEES ARE REVIEWED BY THE PRESIDENT'S COUNCIL AND COMPARISONS ARE MADE TO OTHER COLLEGES' COMPARABLE POSITIONS USING CUPA'S ANNUAL SURVEY DATA ALSO LOCAL MARKETS ARE SURVEYED PERIODICALLY. Form 990, Part VI, Section C, line 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST AT THE FOLLOWING OFFICES: FINANCIAL SERVICES, PRESIDENT'S, OR DEVELOPMENT. CONFLICT OF INTEREST STATEMENTS ARE AVAILABLE AT THE FINANCIAL SERVICES OFFICE BY REQUEST. FORM 990 IS AVAILABLE BY REQUEST TO THE FINANCIAL SERVICES OFFICE OR CAN BE OBTAINED ONLINE AT GUIDESTAR.ORG. FORM 990, PART XI, LINE 2B: THE ORGANIZATION'S FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM ON A CONSOLIDATED BASIS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SCHEDULE D, PARTS XI, XII, AND XIV: THE ORGANIZATION'S AMOUNTS PER THE RETURN HAVE BEEN RECONCILED TO THE CONSOLIDATING SCHEDULES OF THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS. SCHEDULE E, LINE 3 PUBLICIZED NONDISCRIMINATORY POLICY The college advertisements cover the state of Maryland, the primary segment of our general community. Under IRS procedures 75-50, exception 4.03 - 2 (b), the balance of our student body comes from a large geographical area. They are contacted through visits to high schools by admissions counselors with student publications. WMC CONFERENCE CENTER LLLP 2 COLLEGE HILL WESTIMINSTER MD 21157 521698697 HOTEL SERVICES MD N/A WMC DEVELOPMENT CORPORATION 2 COLLEGE HILL BOX 6A WESTMINSTER MD 21157 521434968 REAL ESTATE LAND LESSOR MD MCDANIEL COLLEGE INC C -119471 5511970 1.00000 BILLY MAC'S INC CO MCDANIEL COLLEGE 2 COLLEGE HILL BOX 6A WESTMINSTER MD 21157 521474409 EQUIPMENT LESSOR MD N/A C WMC DEVELOPMENT LAND HOLDING CORPORATION COLLEGE HILL W MAIN ST WESTMINSTER MD 21157 320236158 LAND HOLDING COMPANY MD N/A C 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 WMC DEVELOPMENT CORPORATION A 364921