2011-12-19T10:09:49-07:00 2011-06-30 990 2010-07-01 314379560 OHIO DOMINICAN UNIVERSITY OHIO 6142514512 1216 Sunbury Rd Columbus OH 432192086 David Kosanovic 6142514741 2011-12-19 2010 2016-02-24 21:20:13Z Dr Peter Cimbolic 1216 Sunbury Road Columbus OH 43219 66022102 0 X www.ohiodominican.edu X 1911 OH Ohio Dominican's primary mission is to provide degree and continuing education programs for the intellectual development, the growth in truth, of each student. In keeping with the Dominican tradition, educational experiences should be grounded in the liberal arts, foster the development of spiritual, aesthetic, and ethical values, promote physical and mental health, and provide for the development and responsible use of human skills and talents in professional and social service. Since the quest for truth is a lifelong activity, Ohio Dominican is committed to lifelong learning. Faculty, staff, and students practice this through research, creative activities, community involvement, and professional service. The University also offers non-credit programs and activities on and off campus to further the lifelong education of the Columbus civic and religious communities. 35 34 1165 28 32000 0 2517663 2122978 45323723 45113755 2056240 3710886 53688 98192 49951314 51045811 13994172 14978979 0 0 18437742 19036307 0 0 1811830 18079023 17497702 50510937 51512988 -559623 -467177 96328434 95204307 55461723 53615610 40866711 41588697 X The mission of Ohio Dominican University is the providing of degree and continuing education programs for the intellectual development and growth in truth of each student. In keeping with the Dominican tradition, educational experiences are grounded in the liberal arts, foster the development of spiritual, aesthetic, and ethical values, promote physical and mental health, and provide for the development and responsible use of human skills and talents in professional and social service. 0 0 40443404 14978979 38522851 Postsecondary Education: Instruction of 989 full time equivalent (FTE) students during Summer Term 2010, 2476 FTE during Fall Semester 2010 and 2262 FTE during Spring Semester 2011. 3093627 0 5568651 Auxiliary Enterprises: Room and Board charges for 604 resident students. This also includes some board charges for commuter and non-resident students, faculty and staff. 0 0 0 43537031 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 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 72 0 1 1165 1 1 1 0 0 0 0 1 1 0 0 0 0 X 35 34 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X David A Kosanovic 6142514512 1216 Sunbury Road Columbus OH 432192086 CLAUDIA ABRAMS 1 X 0 0 0 JANICE BACHMAN 1 X 0 0 0 JUDY BALTIMORE 1 X 0 0 0 GALEN BARNES 1 X 0 0 0 JON BEARD 1 X 0 0 0 CHARLES MARIE BRANTL 1 X 0 0 0 RALPH BREITFELLER 1 X 0 0 0 KATHLEEN CANNON 1 X 0 0 0 MARY JO CASEY 1 X 0 0 0 MARIA CIRIELLO 1 X 0 0 0 JEANNE CONRAD 1 X 0 0 0 BOB COUGHLIN 1 X 0 0 0 JON DARGUSCH 1 X 0 0 0 BILL EBBING 1 X 0 0 0 MARY FAITH GEELAN 1 X 0 0 0 CHUCK GEHRING 1 X 0 0 0 JIM GILMOUR 1 X 0 0 0 JOSEPH HENDRICKS 1 X 0 0 0 MIKE KELTY 1 X 0 0 0 JIM LAIRD 1 X 0 0 0 CATHERINE MAHADY 1 X 0 0 0 DICK MAXWELL 1 X 0 0 0 TOM MUELLER 1 X 0 0 0 NANCY RECCHIE 1 X 2100 0 0 GUY REECE 1 X 0 0 0 JACK SANDMAN 1 X 0 0 0 JOAN SCANLON 1 X 0 0 0 MARY HOPE SIERON 1 X 0 0 0 JEANETTE STANG 1 X 0 0 0 BARBARA SULLIVAN 1 X 0 0 0 SKIP WEILER 1 X 0 0 0 TOM WINTERS 1 X 5100 0 0 PAUL ZEMANEK 1 X 0 0 0 LISA ZUCCARELLI 1 X 0 0 0 PETER CIMBOLIC 40 X 164023 0 0 RONALD SEIFFERT 40 X 198297 0 0 DAVID KOSANOVIC 40 X 154883 0 0 DAVID ARCHIBALD 40 X 112995 0 0 JAMES MICHAEL YOUNG 40 X 106634 0 0 MARY ALICE MILLER 40 X 124141 0 0 WILLIAM CONLEY 40 X 126539 0 0 LINDA SCHOEN 40 X 104300 0 0 1099012 0 0 10 0 1 0 0 0 0 65059 0 1238765 819154 39684 2122978 Tuition and Fees 611310 38522851 38522851 0 0 Auxiliary Enterprises-Room and Board 611310 5568651 5568651 0 0 1022253 990253 32000 0 45113755 1082755 0 0 1082755 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17443627 76478 14816490 75484 2627137 994 2628131 0 0 2628131 84317 65059 84317 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Change in FV of Beneficial Interest in Assets held by Others 900099 98192 98192 0 0 0 0 0 0 98192 51045811 45179947 32000 3710886 0 0 14978979 14978979 0 0 622522 314711 307811 0 14731004 11943845 1821813 965346 877864 690299 123275 64290 1758071 1293593 334770 129708 1046846 859498 120857 66491 69511 53341 8574 7596 21002 0 21002 0 56000 0 56000 0 0 0 0 0 0 0 0 0 0 0 5887855 4976520 742679 168656 456953 134242 314609 8102 1586594 1209682 267807 109105 371789 129395 165419 76975 0 0 0 0 2750077 2294084 399191 56802 430643 372718 38138 19787 0 0 0 0 266962 183519 70760 12683 1226358 956559 208481 61318 0 0 0 0 3390672 2644724 745948 0 281193 115945 165248 0 Bad Debt Expense 43282 0 43282 0 Vehicle Expenses 56614 44159 9624 2831 Other Student Services & Staff Expenses 602197 341218 198839 62140 51512988 43537031 6164127 1811830 10449925 8008954 0 0 1880595 906650 166094 187684 0 0 0 0 2686915 2629890 31180 38835 92887 47986 96858267 38849497 59612433 58008770 20141786 24009916 589982 688174 0 0 0 0 676637 677448 96328434 95204307 2225269 1544381 0 0 1304146 1129491 43290000 42625000 0 0 0 0 4881280 4875840 0 0 3761028 3440898 55461723 53615610 X 22848645 22063594 8004664 9388033 10013402 10137070 40866711 41588697 96328434 95204307 X -467177 1189163 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20141786 27335 4662899 635069 11808 175227 24009916 17767527 115676 2918266 521420 10408 127855 20141786 20215561 188981 -2305125 182259 19961 129670 17767527 0.33 0.67 0 1 0 0 4578509 4578509 0 73847152 23612102 50235050 0 0 0 0 0 18432606 15237395 3195211 0 0 0 0 58008770 0 Contributions Payable 66192 Fair Value of Interest Rate Swap 3374706 3440898 51045811 51512988 -467177 833385 0 0 0 355778 1189163 721986 36942649 833385 0 0 0 833385 36109264 0 14936547 14936547 51045811 36576441 0 0 0 42432 42432 36534009 0 14978979 14978979 51512988 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The endowment is maintained primarily for the benefits of students whom disbursements are made for scholarships. A portion of the endowment is available for operations only if the Board of Trustees authorizes such use. SchD_P10_S00_L02 Schedule D, Part X, Line 2 Federal income tax: The Internal Revenue Service has ruled that the University is a tax-exempt educational institution as described in section 501(c) (3) of the Internal Revenue Code and is exempt from federal income taxes on related income pursuant to section 501(a) of the code. Accordingly, no provision for federal income taxes has been made in the financial statements. The University follows FASB guidance on accounting for uncertainty in income taxes, which addresses the determination 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. Examples of tax positions include the tax-exempt status of the University, the continued tax-exempt status of bonds issued by the University, and various positions related to the potential sources of unrelated business taxable income (UBIT). 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 percent likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. At June 30, 2011 and 2010, there were no unrecognized tax benefits identified or recorded as liabilities. The University files forms 990 and 990-T in the U.S. federal jurisdiction and the state of Ohio. With few exceptions, the University is no longer subject to examination by the Internal Revenue Service for years before 2007. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Change in fair value of interest rate swap SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Student Financial Aid $14,978,979; Fundraising Expenses $42,432 SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Fundraising Expense-$42,432 SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Student Financial Aid $14,978,979 Fundraising Expenses $42,432 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 Ohio Dominican University is in compliance with Revenue Procedure 75-50. The University publishes a notice of its non-discriminatory policy with the media periodically throughout the year. SchE_P01_S00_L06 Schedule E, Part I, Line 6 The Organization receives federal and state funds in respect to student financial aid and grants for specific University projects. Black and Gold Fundraiser 149376 65059 84317 1381 41885 0 16066 0 24985 0 0 149376 65059 84317 1381 41885 0 16066 0 24985 84317 0 1 Federal Workstudy Program 350 450702 Supplemental Educational Opportunity Grants 265 220100 ODU Academic Scholarships 119 275679 ODU General Grants 2462 12233381 Staff/Employee Benefits 175 799117 SchI_P01_S00_L02 Schedule I, Part I, Line 2 Scholarships, grants and loans are awarded based on need (as determined by a standardized financial aid form), academic achievement and/or leadership. Recipients are chosen based on objective criteria which are consistent with the overall tax-exempt purposed of the University. The University does not discriminate on the basis of sex, race, color or national or ethnic origin in the administration of its financial aid programs. Any estimates utilized are based on calculated average awards extended to comparable groups. X X 1 1 X X 0 0 0 0 0 0 0 0 0 PETER CIMBOLIC 136352 0 0 0 27671 0 25500 0 5780 0 195303 0 0 0 RONALD SEIFFERT 198297 0 0 0 0 0 20489 0 15705 0 234491 0 0 0 DAVID KOSANOVIC 154883 0 0 0 0 0 15174 0 6680 0 176737 0 0 0 MARY ALICE MILLER 124141 0 0 0 0 0 31969 0 10539 0 166649 0 0 0 WILLIAM CONLEY 126539 0 0 0 0 0 22000 0 2968 0 151507 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a A housing allowance and country club dues are paid for the President only, as part of the compensation agreement. SchJ_P01_S00_L03 Schedule J, Part I, Line 3 A contract for the President is negotiated by the Organization's President and the Board of Trustees. Ohio Higher Educational Facility Commission Ohio Board of Regents 346849674 67756BUH1 2007-07-16 45095000 Construction, refinancing of older bond debt 0 0 0 0 0 42625000 306170 0 11358648 442353 0 655775 29348045 0 0 2010 1 0 1 1 0 0 1 0 1 0.16 0 0.16 1 0 1 1 JP Morgan Chase 10 0 0 0 0 0 X 4 39684 FMV 0 0 1 0 F990_P03_S00_L01 Form 990, Part III, Line 1 Ohio Dominican's primary mission is to provide degree and continuing education programs for the intellectual development, the growth in truth, of each student. In keeping with the Dominican tradition, educational experiences should be grounded in the liberal arts, foster the development of spiritual, aesthetic, and ethical values, promote physical and mental health, and provide for the development and responsible use of human skills and talents in professional and social service. Since the quest for truth is a lifelong activity, Ohio Dominican is committed to lifelong learning. Faculty, staff, and students practice this through research, creative activities, community involvement, and professional service. The University also offers non-credit programs and activities on and off campus to further the lifelong education of the Columbus civic and religious communities. F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a A copy of the IRS Form 990 is provided, either electronically or as a hard copy, to each voting member of the governing body of the University. Each voting member of the governing body is asked to review the Form 990 and submit any questions and comments to management. Questions and responses are communicated to the governing body. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c All officers and directors of the Organization are appraised of the Organization's conflict of interest policy when hired or admitted to the Board of Trustees. Annually, each member of the board of trustees is required to complete a conflict of interest questionnaire and identify any potential conflicts of interest. If a conflict were to arise, the officers and directors affected would be prohibited from conducting any of the Organization's business related to the cause of the conflict of interest. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 For the President of the Organization, the Director of Human Resources conducts a salary benchmarking study by collecting data from The Chronicle of Higher Education, Catholic Peer Group Colleges and the Ohio College and University Professional Association for HR (CUPA), who conduct annual salary surveys. The final salary and benefits package for the President is determined by the Board of Trustees. For the Vice Presidents of the Organization, the Director of Human Resources conducts a salary benchmarking study by collecting data from CUPA. An internal equity analysis is made considering performance, years in position and other factors. Salary adjustments are made on an annual basis for the Vice Presidents as determined by the President of the Organization. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 All general policies of the University are posted on its internal website. Copies of policies, audited financial statements and tax returns are available from the administrative offices of the University. F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized Gain on Investments $833,385; Change in fair value of interest rate swap $355,778