2011-04-15T19:45:19-05:00 2010-05-31 990 2009-06-01 310537516 Xavier University XAVI 5137453445 3800 Victory Parkway Cincinnati OH 452074531 Maribeth Amyot 5137453445 2011-04-15 2009 2016-02-24 21:20:13Z Maribeth Amyot 3800 Victory Parkway Cincinnati OH 452074531 314788555 0 0928 X www.xavier.edu X 1842 OH Xavier's mission is to serve society by forming students intellectually, morally, and spiritually with rigor and compassion towards lives of solidarity, service and success. 36 34 2952 255 38776 5772 29739392 24194999 155724902 151354487 1321610 -1577876 -137827 16332 186648077 173987942 37152511 45811086 0 79111237 84975750 0 3893332 58225628 58247264 174489376 189034100 12158701 -15046158 486519966 540671952 204972586 255582224 281547380 285089728 Xavier's mission is to educate. Our essential activity is the interaction of students and faculty in an educational experience characterized by critical thinking and articulate expression with specific attention given to ethical issues and values. 0 0 155307818 45811086 151354487 Educational Programs: University Operation: Xavier University had 4,228 undergraduate students and 2,738 graduate students pursuing degrees in 58 undergraduate programs and 13 graduate programs. The University also offers 1 doctorate program. 155307818 1 1 0 0 0 0 1 0 1 1 0 1 1 0 0 1 0 0 1 1 0 1 1 1 1 0 1 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 1 0 1 595 0 2952 1 1 1 1 CJ 0 0 0 1 1 0 0 0 1 1 36 34 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X X X Maribeth Amyot 5137453445 3800 Victory Parkway Cincinnati OH 452074531 Michael J Graham SJ 40.00 X X 334786 0 49094 John Larocca SJ 40.00 X 82481 0 10842 Phyllis Adams 0.50 X 0 0 0 Gordon F Brunner 0.50 X 0 0 0 Robert H Castellini 0.50 X 0 0 0 Michael D Class SJ 0.50 X 0 0 0 Thomas G Cody 0.50 X 0 0 0 Michael J Conaton 0.50 X 0 0 0 Justin Daffron SJ 0.50 X 0 0 0 Walter C Deye SJ 0.50 X 0 0 0 James W Duff 0.50 X 0 0 0 Dr Salem Foad 0.50 X 0 0 0 Charles P Gallagher 0.50 X 0 0 0 Philip W Gasiewicz 0.50 X 0 0 0 Hon Sylvia Sieve Hendon 0.50 X 0 0 0 Ann Finefrock Hoffman 0.50 X 0 0 0 Barbara J Howard Esq 0.50 X 0 0 0 Timothy Howe SJ 0.50 X 0 0 0 Gregory G Joseph 0.50 X 0 0 0 Catherine H Kennedy 0.50 X 0 0 0 Donald P Klekamp Esq 0.50 X 0 0 0 Robert J Kohlhepp 0.50 X X 0 0 0 Gregory N P Konz SJ 0.50 X 0 0 0 Dr John C Lechleiter 0.50 X X 0 0 0 John B Maydonovitch 0.50 X 0 0 0 W Rodney McMullen 0.50 X X 0 0 0 Ralph S Michael III 0.50 X 0 0 0 James A Miller 0.50 X 0 0 0 Katherine S Napier 0.50 X 0 0 0 Joseph A Pichler 0.50 X 0 0 0 Dr Janet Butler Reid 0.50 X 0 0 0 Joseph L Rippe 0.50 X X 0 0 0 Stephen S Smith 0.50 X 0 0 0 Robert A Sullivan 0.50 X 0 0 0 Kathlyn R Wade 0.50 X 0 0 0 Jessica L Zeller Esq 0.50 X 0 0 0 Roger A Fortin 40.00 X 235145 0 31227 John F Kucia 40.00 X 236993 0 29491 Maribeth Amyot 40.00 X 278760 0 32335 Gary R Massa 40.00 X 247972 0 33078 Terry C Richards 40.00 X 213060 0 21412 David W Dodd 40.00 X 188058 0 28198 Christopher L Mack 40.00 X 450392 0 34007 Ali R Malekzadeh 40.00 X 302000 0 26868 Kevin P McGuff 40.00 X 185773 0 29157 Michael A Bobinski 40.00 X 222331 0 23707 Daewoo Park 40.00 X 179275 0 22640 John R Hirte 40.00 X 164583 0 28873 3321609 0 400929 13 1 1 0 Dell Marketing One Dell Way Round Rock TX 78682 Technology 1512303 SBM Site Services LLC 5241 Arnold Avenue McClellan CA 95652 Engineering 958227 Mack Napier 5160 Riverwalk Dr Kings Mills OH 45034 Painting 636823 Beckman Weil Shepardson LLC 300 Pike Street Cincinnati OH 45202 Legal Services 533631 Subvest II LLC 1143 Saint Gregory Street Cincinnati OH 45202 Food Service 360217 13 124368 2162215 21908416 2090603 24194999 Tuition and Fees 611710 141138105 141138105 Educational Activities 611710 10216382 10216382 151354487 2695208 38776 2656432 136408229 139504715 1176598 -3096486 -1176598 -4273084 -1176598 -3096486 135632 124368 119300 16332 16332 173987942 150177889 38776 -423722 45811086 45811086 3570949 2183265 1015270 372414 189563 189563 60764816 54784950 4059090 1920776 4471366 4031339 298687 141340 11691545 10540980 780995 369570 4287511 3865577 286406 135528 1146408 286602 859806 279977 69994 209983 62741 62741 2920738 2717232 135671 67835 1178681 961805 147312 69564 6267313 5270152 676960 320201 554493 554493 3560789 3334359 151791 74639 4437037 4204524 157909 74604 1930806 1587585 233102 110119 7971836 7971836 10147925 10147925 916828 856106 40481 20241 Repairs and maintenance 6214877 5797851 278017 139009 Auxiliary 5706927 3424155 2282772 Miscellaneous 2301536 2201379 27005 73152 Athletics 1472622 1472622 Library 1175730 1162199 9191 4340 189034100 155307818 29832950 3893332 586665 21095734 40530560 24710757 48196539 47026107 8820773 9873369 4932452 5141994 5693873 6201004 263286185 109385371 201166086 153900814 126156082 142989304 50436936 129732869 486519966 540671952 26156023 22973006 14917314 12877906 109399580 155938729 1463143 888054 53036526 62904529 204972586 255582224 X 167676581 155093385 46736641 59947396 67134158 70048947 281547380 285089728 486519966 540671952 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 119574670 38916677 12679221 31996721 139173847 118708097 15427746 -343383 -14217790 119574670 0.07000 0.43000 0.50000 0 0 12353420 12353420 185915194 65319562 120595632 41410773 31062050 10348723 23606798 13003759 10603039 153900814 US Government & Agency Obligations 13859260 F Corporate Stocks & Stock Funds 61269291 F Corporate Bonds & Bond Funds 27703166 F Alternative Investments 40157587 F 142989304 Unexpended Revenue Bond Proceeds 42627276 Accrued Income Receivable 7182853 Construction in Progress 79922740 129732869 Refundable Advances to US Government 3669529 2008 Series B Taxable Bonds 47380000 Refundable Advance to Local Health System 2000000 Interest Rate Swap 9855000 62904529 Part III, Line 1a: The University's collections of art, which were acquired through purchases and contributions since the organization's inception, are not recognized as assets on the statement of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired or as temporarily or permanently restricted net assets if the assets used to purchase the items are restricted by donors. Contributed collection items are not reflected on the financial statements. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. Part V, Line 4: Description of Intended Use of Endowment Funds: The endowment consists of approximately 740 individual funds established for a variety of purposes, such as scholarships, endowed chairs, departmental and operating budget support. Part X: Description of Uncertain Tax Positions Under FIN 48: The University adopted FIN 48 in the year ended May 31, 2008. The adoption of FIN 48 did not have a material impact on the financial statements. 1 1 1 The University is in compliance with Rev. Proc. 75-50. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 A Federal process is in place that requires Universities to verify selected student FAFSA forms for completeness and accuracy. When students are selected for the Federal Verification the office of financial aid collects acceptable tax documentation and has the student complete a standard verification worksheet to support the federal process. After signatures and completeness of the submitted documentation is confirmed a FA Counselor will audit the information. The FA counselor will compare the FAFSA information to tax information to check for variances. If a variance occurs the FA counselor will correct the data element in the FASFA record within the Banner record. After correcting the data element the ISIR record is sent to the federal processor for corrections. After the federal verification process is completed a FA Counselor will checkmark an indicator in the FA System to allow disbursement of federal aid. 1 0 0 0 0 South Asia General educational support 7345 Check 1 Golf Outing 260000 124368 135632 6000 1500 15000 16000 40500 40300 260000 124368 135632 6000 1500 15000 16000 40500 40300 119300 16332 75000 25000 10450 1 0.92000 75000 25000 10450 35450 39550 OH 0 License is not required by the State of Ohio for the gaming activity held by an exempt organization. 0 0 0 1.00000 Tom Brady 3800 Victory Parkway Cincinnati OH 45207 0 Tom Brady 2348 Coordinates volunteers and employees to plan and run the event. X 0 1 Urban League of Greater Cincinnati 3458 Reading Road Cincinnati OH 45229 310565428 501(c)(3) 6000 General support Jewish Family Services 11223 Cornell Park Drive Cincinnati OH 45242 310744786 501(c)(3) 10000 General support National Association for the Advancement of Colored People 4805 Mount Hope Drive Baltimore MD 21215 131084135 501(c)(3) 10000 General support Jewish National Fund 42 East 69th Street New York NY 10021 131659627 501(c)(3) 10000 General support Cincinnati Habitate for Humanity 201 West Eighth Street Cincinnati OH 45202 311185975 501(c)(3) 5500 General support A Kid Again Inc 6863 Oak Creek Drive Columbus OH 45329 311440073 501(c)(3) 5352 General support United Way 2400 Reading Road Cincinnati OH 45202 310537502 501(c)(3) 47626 General support 7 0 Educational Grants to University Students 4747 45607509 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Every student interested in receiving financial aid is required to submit a Free Application for Federal Student Aid (FASFA) for each school year. Once all the eligibility criteria are met and all necessary documents are obtained, either through review of the ISIR or by efforts of the financial aid counselor, the financial need of the student is determined by the difference between the cost of attendance at Xavier and the EFC toward those costs. After the financial need for the student is calculated the financial aid package for each student is determined by the Banner system based on the student's financial need, academic merit, talent, enrollment status, level in school, and dependency status. Award letters (via e-mail or regular mail) are then prepared and sent to each student, notifying them of what types of awards they are deemed eligible to receive. The student then has the option to decline any aid that is offered to them. Xavier uses passive acceptance of aid offered. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Michael J Graham SJ 334786 0 0 0 0 0 45196 0 3898 0 383880 0 0 0 Roger A Fortin 225121 0 5000 0 5024 0 22512 0 8715 0 266372 0 0 0 John F Kucia 207750 0 20000 0 9243 0 20775 0 8716 0 266484 0 0 0 Maribeth Amyot 234188 0 11250 0 33322 0 19906 0 12429 0 311095 0 0 0 Gary R Massa 213269 0 22500 0 12203 0 20458 0 12620 0 281050 0 0 0 Terry C Richards 195225 0 10000 0 7835 0 16594 0 4818 0 234472 0 0 0 David W Dodd 183273 0 0 0 4785 0 15578 0 12620 0 216256 0 0 0 Christopher L Mack 437000 0 10000 0 3392 0 21450 0 12557 0 484399 0 0 0 Ali R Malekzadeh 292000 0 10000 0 0 0 22050 0 4818 0 328868 0 0 0 Kevin P McGuff 183750 0 0 0 2023 0 16537 0 12620 0 214930 0 0 0 Michael A Bobinski 198840 0 20000 0 3491 0 18890 0 4817 0 246038 0 0 0 Daewoo Park 107775 0 0 0 71500 0 10266 0 12374 0 201915 0 0 0 John R Hirte 164583 0 0 0 0 0 16458 0 12415 0 193456 0 0 0 Supplemental Information Part III Schedule J, Part II: John LaRocca, S.J. John LaRocca, S.J. receives compensation from Xavier University as payment for his teaching duties, not for his service as a board member. John LaRocca's compensation is not paid directly to him but is paid to his Religious Order in accordance with his vow of poverty. Supplemental Information Part III Schedule J, Part II: John R. Hirte John R. Hirte receives compensation from Xavier University as payment for his teaching duties, not as a former officer of Xavier University. Supplemental Information Part III Schedule J, Part II: Michael J. Graham, S.J. Compensation reported for Michael J. Graham, S.J. is not paid to him directly but is paid to his Religious Order in accordance with his vow of poverty. Ohio Higher Educational Facility Commission (Xavier 2003 Project) 346849674 67756ARX2 2003-03-05 25308115 Renovation of Educational Facilities & Refunding of Bonds dated 4/1/1992 1 0 Ohio Higher Educational Facility Commission (Xavier 2006 Project) 346849674 67756AVF6 2006-05-04 46463299 Refunding of Bonds issued 6/19/1997, Property Acquisition & Technology Impro 1 0 Ohio Higher Educational Facility Commission (Xavier 2008A Project) 346849674 67756BJV6 2008-04-30 23475000 Refunding of Xavier 2003 Series issued 3/15/2003 0 0 Ohio Higher Educational Facility Commission (Xavier 2008C Project) 346849674 67756AK76 2008-12-04 53786726 Construction of Educational Facilities & Central Utility Plant 0 0 Ohio Higher Educational Facility Commission (Xavier 2010 Project) 346849674 67756AQ88 2010-01-26 48998440 Residence & Dining Hall construction & equipment 0 0 25340482 603961 6050297 2005 1 0 1 1 46664876 612727 2008 0 1 1 1 23475144 19167795 211935 2008 0 1 1 1 54377583 2231239 788144 51358200 0 0 0 0 49023846 40396038 769538 7256649 0 0 0 0 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 1 1 0 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 0 0 1 0 0 0 0 1 0 1 1 Deutsche Bank and Barclays Bank 34.000000000000 0 1 0 0 0 0 1 0 0 0 0 1 Jon Deters Grandson of Trustee Hon. Sylvia Sieve Hendon Scholarship Amount $ 14000. Michael Graham SJ Chairman of United Way and President of Xavier University Xavier received grant from United Way Amount $ 30000. Nike Inc Trustee John C. Lechleiter is a Director 131425 Independent Contractor 0 Fifth Third Bank Trustee Robert S. Sullivan is an Officer of Fifth Third Bank 549188 Independent Contractor 0 X 130 2090603 FMV or selling price 0 0 0 Form 990, Part VI, Section A, line 2 Richard L. Antoine, a former Trustee of Xavier University, has a business relationship with W. Rodney McMullen, a Trustee of Xavier University. Joseph A. Pichler, former Chairman of Xavier University's Board of Trustees, has a business relationship with Thomas G. Cody, a Trustee of Xavier University. Joseph A. Pichler, former Chairman of Xavier University's Board of Trustees, has a business relationship with W. Rodney McMullen, a Trustee of Xavier University. Thomas L. Williams, a former Trustee of Xavier University, has a business relationship with Thomas G. Cody, a Trustee of Xavier University. Form 990, Part VI, Section B, line 11 Management, including certain Officers, works diligently to complete the Form 990 and attached schedules in a thorough manner. Management presents the Form to the Board, or a designated committee, to review and answer any questions. Prior to filing the return, all Board Members are provided the Form 990 and management team members are available to answer any Board Member's questions. Form 990, Part VI, Section B, line 12c The policy requires all officers, directors and key employees to complete an annual questionnaire pertaining to conflicts of interest. The questionnaire is administered by the President's Office for the Board of Trustees and by Human Resources for employees. Disclosed conflicts or potential conflicts are compiled and given to the office of the Chief Financial Officer. The Chief Financial Officer reviews and shres the responses with the Audit Committee of the Board of Trustees. In the interim between questionnaires, conflicts are to be reported to the Chief Financial Officer, who will advise the conflicted officer, director or key employee on the steps required to manage or clear the conflict. Members of the governing board with a transactional conflict are required to recuse themselves from any discussion and/or vote pertaining to the conflicted transaction, and this is reflected in the minutes of the organization. Form 990, Part VI, Section B, line 15 Although the following procedures were followed regarding the determination of the President of Xavier University's compensation, the compensation reported on this Form 990 was not actually received by the President of the University, but rather by his Religious Order in accordance with his vow of poverty. In determining compensation of the organization's President, other officers and key employees, the process included a review and approval by independent persons, on the Board of Trustees who evaluate performance, comparability data, and contemporaneous substantiation of the deliberation and decision. The compensation was reviewed and approved by the Executive Committee of the Board of Directors or the Compensation Committee. In the review of the compensation, the President, other officers and key employees were compared to individuals that hold similar positions at similar universities. The determination of similar universities was made by the Compensation Committee of the Board of Trustees with the assistance of a professional consulting firm. During the review and approval of the compensation, documentation of the decision was recorded in the committee minutes. Individuals were not present when their compensation was decided. Form 990, Part VI, Section C, line 19 The organization will provide any documents required to be open to public inspection upon request. Form 990, Part XI, line 2c Audit Responsiblity The Audit Committee is responsible for the oversight of the audit and the selection of an independent auditor. This process has not changed in the current year. Form 990, Part VI, line 2 Business relationship Trustee Thomas Cody has a business relationship with Trustee Joseph Pichler. Form 990, Part VI, line 2 Business relationship Trustee Ralph Michael, III has a business relationship with Trutee Robert Kohlhepp. Form 990, Part VI, line 2 Business relationship Former Trustee Richard Antoine has a business relationship with Trustee Rodney McMullen. Norwood Cafe LLC 3800 Victory Parkway Cincinnati OH 452074531 260307190 Hospitality associated with art exhibits and other Xavier events OH 0 63744 Xavier University 3759 Montgomery Road LLC 3759 Montgomery Road Cincinnati OH 452074531 Real Estate OH 0 0 Xavier University Xavier Student Agencies 3800 Victory Parkway Cincinnati OH 452074531 205299309 Student Activities OH Section 501(c)(3) Schedule A, Line 2 Xavier University A Blessing to One Another Inc 3800 Victory Parkway Cincinnati OH 452074531 201317004 Interfaith Issues OH Section 501(c)(3) Schedule A, Line 9 Xavier University XUPROP CO 3800 Victory Parkway Cincinnati OH 452074531 311700715 Real Estate Holding Company OH Section 501(c)(2) N/A Xavier University XUPROP CO- Cincinnati 3800 Victory Parkway Cincinnati OH 452074531 311700752 Real Estate Holding Company OH Section 501(c)(2) N/A Xavier University XUPROP CO- Dana 3800 Victory Parkway Cincinnati OH 452074531 201367022 Real Estate Holding Company OH Section 501(c)(2) N/A Xavier University XUPROP CO- Plaza 3800 Victory Parkway Cincinnati OH 452074531 261870850 Real Estate Holding Company OH Section 501(c)(2) N/A Xavier University XUPROP CO- Norwood 3800 Victory Parkway Cincinnati OH 452074531 201037010 Real Estate Holding Company OH Section 501(c)(2) N/A Xavier University NAB Real Estate Holdings LLC 3727 Boomer Road Cincinnati OH 45247 200695355 Real Estate Holding OH Xavier University Related -3319 43303 0 0 N A B Oil and Gas Holdings Inc 3727 Boomer Road Cincinnati OH 45247 311705417 Oil and Gas OH Xavier University S 41442 0.75000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 XUProp Co- Plaza B 618879 XUProp Co B 327000 XUProp Co- Norwood B 360525 XUProp Co- Cincinnati B 5000