2011-03-05T11:14:02-06:00 2010-05-31 990 2009-06-01 610482955 Bellarmine University BELL 5022728261 2001 Newburg Road Louisville KY 40205 Robert L Zimlich 5022728261 2011-03-05 2009 2016-02-24 21:20:13Z Robert L Zimlich 2001 Newburg Road Louisville KY 40205 54596005 0 X www.bellarmine.edu X 1950 KY Post-Secondary Education. 28 25 1397 210 19534 0 7070844 7649206 43318472 45233250 872627 1029498 573105 417778 51835048 54329732 88913 86869 0 31355388 33837682 4495 0 3201794 19788574 17552633 51237370 51477184 597678 2852548 134416494 160853095 48634418 67813197 85782076 93039898 Bellarmine University educates students through undergraduate and graduate programs in the liberal arts and professional studies. The University is an independent Catholic University serving the region, nation, and world through post-secondary education. 0 0 23525087 36335716 Instruction:2417 students in undergraduate classes;673 students in graduate classes;698 students graduated in 2009-2010 school year. 4656189 5210404 Auxiliary Housing: Auxiliary enterprises:student housing is the major auxiliary enterprise. Living quarters were provided to 966 students in the residence halls. 10797622 3715096 Student Services, Student Affairs Office, Admissions and Enrollment Services,Registrars Office, Health and Counseling Services, Athletics and Recreation 2780559 297638 Academic Support, Library and Computer Technology Services, Support for the four academic divisions Miscellaneous 2780559 297638 41759457 1 1 0 0 0 0 1 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 1 2 2 1 1397 1 1 1 0 0 0 0 1 1 0 28 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Robert L Zimlich VP for Administr 5022728261 2001 Newburg Road Louisville KY 40205 Joseph J McGowan 40.00 X X 520455 0 118700 Nolan C Allen 2.00 X 0 0 0 Donald Berg 2.00 X 0 0 0 Nick Carosi 2.00 X 0 0 0 Joseph P Clayton 2.00 X 0 0 0 Michael B Crutcher 2.00 X 0 0 0 Sharon Des Jarlais 2.00 X 0 0 0 John Flynn 2.00 X 0 0 0 Owsley B Frazier 2.00 X 0 0 0 C Edward Glasscock 2.00 X 0 0 0 Joyce S Hagen 2.00 X 0 0 0 GJ Hart 2.00 X 0 0 0 Michael Hobbs 2.00 X 0 0 0 Lynn Jarrell 2.00 X 0 0 0 Rev Joseph E Kurtz DD 2.00 X 0 0 0 Michael J Mackin 2.00 X 0 0 0 Elizabeth Montgomery 2.00 X 0 0 0 Donald S Mucci 2.00 X 0 0 0 Stephen G Mullins 2.00 X 0 0 0 WPatrick Mulloy 2.00 X 0 0 0 Bradford T Ray 2.00 X 0 0 0 Randolph N Reynolds 2.00 X 0 0 0 T W Samuels 2.00 X 0 0 0 Leonard M Spalding 2.00 X 0 0 0 Marion A Swope MD 2.00 X 0 0 0 Tom L Thomas 2.00 X 0 0 0 Stephen A Williams 2.00 X 0 0 0 William B Yarmouth 2.00 X 0 0 0 Doris Tegart 40.00 X 200421 0 27035 Fred W Rhodes 40.00 X 173754 0 29488 Robert L Zimlich 40.00 X 168216 0 29486 Glenn Kosse 40.00 X 188307 0 26931 Hunt Helm 40.00 X 127737 0 26112 Sean Ryan 40.00 X 137970 0 25852 Daniel Bauer 40.00 X 163236 0 26825 Michael Mattei 40.00 X 154865 0 29077 Robert Cooter 40.00 X 170956 0 10927 Kathleen Cooter 40.00 X 123144 0 9009 Richard Schrader 40.00 X 120580 0 16349 2249641 0 375791 34 0 1 0 FW Owens Company POBox 3283 Louisville KY 40201 Building Contractor 4124849 Parco Constructors Group LLC 2521 Ridgemar Court Louisville KY 40299 Building Contractor 1534774 Godsey Associates 207 W Market Street Louisville KY 40202 Architect 881119 Royall and Company 1920 East Oanham Road Richmond VA 23228 Recruiting Consultants 540665 Clark and Riggs Printing 19904 Watterson Trail 100 Louisville KY 40299 Printing Services 495432 5 364391 7284815 192846 7649206 Tuition and Fees 900099 36335716 36335716 Auxliary Enterprises 900099 3934053 3934053 Food Revenue 900099 1063217 1063217 Campus Store 900099 165634 165634 Membership Dues 713940 19534 19534 3715096 3715096 45233250 1029498 1029498 40365 237 40128 40128 40128 265628 192988 72640 72640 28770 12418 16352 16352 121851 60630 61221 61221 Sports Camp Revenue 713990 119032 119032 Other Income 531390 108405 108405 227437 54329732 45558854 19534 1102138 86869 86869 1830392 625607 979672 225113 24363632 20853830 2111344 1398458 1732384 1511144 128888 92352 4191637 3083239 833529 274869 1719637 1469512 155190 94935 108771 108771 43235 43235 1001857 795200 47322 159335 431304 239696 42845 148763 2405230 1508086 817696 79448 785021 343106 411857 30058 1531039 1482473 48566 1106670 1022444 62526 21700 117855 117192 663 2166880 2080251 68792 17837 3262318 2919776 283821 58721 Other Expenses-Plant 2008978 1216342 587872 204764 Printing 892623 655038 87880 149705 Meals 731839 502906 145841 83092 Memberships 98378 82436 15942 Advertising and Promoti 0 860635 1246746 -532813 146702 51477184 41759457 6515933 3201794 10299469 17857961 4195228 7311796 2634947 1863843 67355 110766 1922219 2452923 125054158 34774210 80961679 90279948 26573042 31110049 6433737 7801542 1328818 2064267 134416494 160853095 4562147 4983922 897847 1524331 41290000 59215000 180329 224890 1704095 1865054 48634418 67813197 X 52568195 56523626 8271285 10043046 24942596 26473226 85782076 93039898 134416494 160853095 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 122290 1764279 X X X 0 28175218 1166090 4993873 914780 378414 258886 32783101 34726715 1877606 -6933303 897153 371294 227353 28175218 0.21610 0.78390 0 0 3508618 3508618 78963275 19852069 59111206 12672668 8732224 3940444 29909597 6189917 23719680 90279948 Annuity Obligations 961017 U.S. Advances for Student Loans 904037 1865054 54329732 51477184 2852548 4405266 8 4405274 7257822 58882239 4405266 266273 4671539 54210700 119032 119032 54329732 51624417 266273 266273 51358144 119040 119040 51477184 Part III, Line 4: The historical treasures of the University consist of over 50,000 items of Thomas Merton including writings, drawings, photographs, personal possessions, and other Merton artifacts. They are kept in the Thomas Merton Center located in the Univeristy Library Building. The Merton Center is used for scholarly research on Thomas Merton,a world contemplative and writer. In addition to the Merton treasures, the University was gifted numerous Dorothy Day treasures. Dorothy Day was a noted twentieth century Catholic social activist and thinker. Among the treasures of the University are 136 original letters from Dorothy Day, four signed books by Dorothy Day, hundreds of early Catholic Worker photos and 523 Catholic Worker newspapers, mostly complete from the first issue, 1933 through 1990. These materials are now available for consultation by researchers visiting the Thomas Merton Center at Bellarmine University who are interested in the life and work of Dorothy Day. Part X: Description of Uncertain Tax Positions Under FIN 48: Pursuant to a determination by the Internal Revenuee Service, the University is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The University generally adopted the provisions of FASB ASC 740-10 relating to uncertainty of income taxes on June 1, 2009. The implementation included evaluating the tax positions taken on all income tax returns that remain open to examination by the respective taxing authorities. The University does not believe that there are any uncertain tax positions on those returns that meet the requirement of FASB ASC 740-10 and therefore, should be reflected in the financial statements. Schedule D, Page 4, Part XI, Line 8-The 8 is due to rounding. Schedule D, Page 4, Part XII, Line 2D-Rental Income, Special Events Income,and Sale of Inventory that is included in audited statements as income but not included in 990 as income. (See explanation Schedule D, Page 4, Part XIII, Line 2D below.) Schedule D, Page 4, Part XII, Line 4B-Sports Camp Revenue netted against expenses in the audited statements but shown as income on the 990. Schedule D, Page 4, Part XIII, Line 2D-Rental Expenses, Special Events Expense and Cost of Goods Sold which were netted against the revenue accounts for presentation on the 990, and included as expense on the audited statements. Schedule D, Page 4, Part XIII, Line 4B, represents 8 rounding and Sports Camp Revenue of 119,040 netted against expense in the audited statements, and shown as revenue on the 990. 1 1 1 The Policy is written in all of the publications of the University. Also the policy is broadcast throughout the year in numerous public publications including local newspapers, promotional materials and other student brochures. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 BELLARMINE UNIVERSITY PARTICIPATES IN THE FOLLOWING FINANCIAL AID PROGRAMS: FEDERAL PELL GRANT PROGRAM, FEDERAL WORK STUDY PROGRAM, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM, FEDERAL PERKINS LOAN PROGRAM, FEDERAL FAMILY EDUCATION LOAN PROGRAM, NATIONAL SCIENCE AND MATHMATICS ACCESS TO RETAIN TALENT GRANT PROGRAM, ACADEMIC COMPETITIVENESS GRANT PROGRAM, TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION GRANTS PROGRAM, AND ADVANCE EDUCATION NURSING TRAINEESHIPS. THE UNIVERSITY COMPLIES WITH THE ANNUAL SINGLE AUDIT REQUIREMENTS, FILINGS WITH THE FEDERAL AUDITING CLEARINGHOUSE AND THE DEPARTMENT OF EDUCATION FILINGS. 1 Central America/Carribean Program Services Field Study-Biology Central America/Carribean Program Services Interdisciplinary Course South Asia Program Services Spirituality and Justice Europe Program Services International Management Europe Program Services International Management Europe Program Services New Business Venture Europe Program Services International Experience 0 0 0 Schedule F, Part IV Other Information Bellarmine University provides various opportunities outside of the United Stated to its students and faculty. These opportunities include service learning and courses for credit. These students and faculty are residents of the United States and travel outside the United States to partake of the program services opportunities offered abroad by the University. Bellarmine does not maintain offices or a base of operations of any kind outside of the United States. The interdisciplinary courses listed in Part I include courses in International Business and studies of various cultures. Students, faculty, and staff travelling abroad for program services and service learning clinics are required to pay for all travel and related expenses prior to travelling abroad. Lastly, Bellarmine students participating in IDC study abroad classes may receive tuition scholarships while travelling abroad; however these scholarships are posted directly to the student's account and operate in the same manner as if the student were studying at the University. Knight of Knights 151500 151500 151500 Designer Show House 25335 25335 25335 3 91390 2597 88793 16153 268225 2597 265628 192988 192988 72640 28770 11750 668 0 28770 11750 668 12418 16352 KY 1 0 0 0 0.50000 0.50000 Restricted Fund Accountant Supervis 2001 Newburg Road Louisville KY 40205 0 Tracey Cox 2500 Works to ensure that the University complies with all applicable gaming laws. X 0 1 NASA Graduate Traineeship-Nursing Scholarships 11 9580 0 University of Memphis-Education Research 2 60500 0 NASA-Wavelength Reconstruction Technique 3 15737 0 NASA-Alfalfa-Effect of Microgravity on Alfalfa 3 994 0 NSU-Martin Luther King Service Day Event 6 58 0 Other Information: Part IV: The University has a restricted funds accountant that monitors all grants and restricted fund activity for the University. The position reports to the Assistant Vice-President for Administration and Finance within the University Business Office. This employee is responsible for working with the various departments whose department, faculty, and students were recipients of such grants. For the fiscal year there were five such grants, all of which were monitored by the Business Office, as well as faculty from the respective departments. X X 1 1 X X 0 0 0 0 0 0 0 1 0 Joseph J McGowan 307942 0 145410 0 67103 0 74500 0 44200 0 639155 0 585473 0 Doris Tegart 189133 0 0 0 11288 0 20943 0 6092 0 227456 0 219118 0 Fred W Rhodes 164131 0 0 0 9623 0 17970 0 11518 0 203242 0 189022 0 Robert L Zimlich 158939 0 0 0 9277 0 17970 0 11516 0 197702 0 184551 0 Glenn Kosse 171665 0 0 0 16642 0 19258 0 7673 0 215238 0 198085 0 Hunt Helm 120376 0 0 0 7361 0 13857 0 12255 0 153849 0 140160 0 Sean Ryan 130611 0 0 0 7359 0 14525 0 11327 0 163822 0 149734 0 Daniel Bauer 155334 0 0 0 7902 0 15447 0 11378 0 190061 0 174061 0 Michael Mattei 132069 0 0 0 22796 0 15813 0 13264 0 183942 0 174863 0 Robert Cooter 162806 0 0 0 8150 0 7125 0 3802 0 181883 0 51622 0 Part I, Line 7 The Executive Committee reviews the President's performance on an annual basis. the Executive Committee of the Board establishes criteria to be used during the next fiscal year to establish the goals the President must meet or exceed in order to qualify for any bonus. The goals are established based upon the vision and the mission of the University. LouJeffCoMetro Government 616001862 NoneAvail 2008-07-10 27230000 Refunding & CAP IMPROVE 0 0 LouJeffCoMetro Government 616001862 NoneAvail 2008-07-10 14060000 refunding 0 0 LouJeffCoMetro Government 616001862 NoneAvail 2009-12-16 18500000 CAPITAL IMPROVEMENTS 0 0 11949434 2627689 9289577 32168 355252 13734716 2010 0 1 1 1 12749110 12749110 242839 2010 0 1 1 1 9116966 1338035 7778931 262250 8861882 2011 0 0 0 1 0 0 0 0 1 0.00000 0.00000 0.00000 1 0 0 0 0 1 0.00000 0.00000 0.00000 1 0 0 0 0 1 0.00000 0.00000 0.00000 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 John Flynn University Trustee 35877 Contractor 0 Don Mucci University Trustee 0 Ins.Agent 0 X 2 122290 Opinion of Expert X 14 61919 Market Value X Printing Services 1 7107 Market Value X Gym Rental 2 1350 Market Value X Miscellaneous 2 180 Market Value 0 1 0 Third Party Use: Part I, Line 32b: The University has a written gift acceptance policy for the review of any non-standard contributions. The policy requires that prior to accepting non-standard gifts that the development officers review the need of the University for such gift and discuss the gift with the area vice-president or dean of the department to determine that the gift falls within the University's mission and vision. Final approval of the gift is made by the Vice-President for Administration and Finance or Vice-President for Development and Alumni Relations. Form 990, Part VI, Section B, line 11 The 990 is prepared by internal staff and reviewed in detail by the Assistant Vice-President for Administration and Finance. The AVP is an attorney and CPA with 16 years of tax experience. The review is completed in several stages in order to process all the information thoroughly. Continuing education on tax requirements is provided to those involved with the preparation and review of the 990. The return is given to the Audit Committee. The Audit Committee reviews and discusses the return. The Audit Committee reports information regarding the 990 to the full Board prior to filing. Form 990, Part VI, Section B, line 12c The organization sends its conflict of interest policy to all board members annually. The VP for Administration and Finance monitors that all members return a signed copy indicating they have reviewed the policy and listed any potential conflicts. Additionally, all employees receive a University Handbook and sign acknowledgment indicating such receipt. The conflict of interest policy is located within the Staff Handbook. Lastly,the organization maintains a telephone line in which employees can confidentially report anything that they deem as inappropriate within the organization; including but not limited to fraud, harassement, discrimination, conflict of interest or misappropriation of University funds or assets. The confidential line is (502)272-7535. Form 990, Part VI, Section B, line 15 The Presidential Contract and Compensation Committee of the Board of Trustees reviews the President's salary on a yearly basis; including base compensation, bonus and fringe benefits. The Presidential Contract and Compensation Committee evaluates the compensation of the President based on established goals and discusses and approves the new salary on an annual basis. The University and the President are bound by a contract. The contract is negotitated and reviewed by the Presidential Contract and Compensation Committee of the Board. As part of the evaluation process used by the Presidential Contract and Compensation Committee of the Board, market data, salary surveys of similar institutions and other relevant information are reviewed in conjunction with the President's report on accomplishments and proposed goals. All employees, other than the President, are evaluated by their immediate supervisor on an annual basis. The vice-presidents of the University are evaluated by the President. Form 990, Part VI, Section C, line 18 The University makes available its governing documents, conflict of interest policy, and financial statements to the general public upon request during the regular business hours of the University. The form 990 is available on Guidestar for public inspection. Form 990, Part VI, Section C, line 19 The organization makes available its governing documents, conflict of interest policy, and financial statements to the general public upon request during the regular business hours of the University. The Form 990 is available on Guidestar for public inspection. Form 990, Part XI, Line 2C The Responsibility for the oversight of the audit and selection of the independent Certified Public Accountant has not changed since the last fiscal year.