2024-04-12T15:25:19+00:00 2023-05-31 990 2022-06-01 204216534 Mustang Mockingbird Properties MUST 2147682004 3140 Dyer Street MS 261 Dallas TX 752750261 SOUTHERN METHODIST UNIVERSITY SOUTHERN METHODIST UNIVERSITY 2024-04-12 Christine Regis 999009999 true 2022 2023-04-26 12:10:37Z Christine Regis PO Box 750261 DALLAS TX 752750261 165000 false X X 2005 TX Supporting Organization for Southern Methodist University 5 0 0 0 0 0 0 165000 165000 0 0 165000 165000 0 0 0 0 0 282899 259021 282899 259021 -117899 -94021 9233043 9176263 10381318 10418559 -1148275 -1242296 The organization's exempt purpose is to acquire, own and manage real estate adjacent to or in the near vicinity of the Southern Methodist University campus on behalf of Southern Methodist University. false false 259021 165000 Total Properties Owned: 1 Total Properties Rented: 0 259021 true false false false false false false false false true false false false true false false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false X 5 0 false false false false true false false true true false false true true true true true false false false false X TAX DEPARTMENT 2147682004 6116 N CENTRAL EXPRESSWAY STE1210 DALLAS TX 752750261 Brad Cheves VP and Asst Secretary 1.0 41.5 X X 0 691334 214881 Christine Regis President 1.0 41.5 X X 0 654119 125378 Jesse Adkins V.P. & Assistant Secretary 1.0 4.0 X X 0 21900 2258 Mark Greim V.P. and Treasurer 1.0 39.5 X X 0 171726 55485 Paul Ward V.P. and Secretary 1.0 42.5 X X 0 624104 128018 0 2163183 526020 0 false true false 0 0 Rent 531120 165000 165000 0 0 0 0 165000 0 0 0 0 0 0 0 0 0 165000 165000 0 0 13919 0 0 0 188322 56780 Accretion 0 0 0 0 259021 0 0 0 0 0 0 0 9779438 603175 9233043 9176263 0 0 0 0 9233043 9176263 10369491 10406732 0 0 11827 11827 10381318 10418559 -1148275 -1242296 -1148275 -1242296 9233043 9176263 -94021 0 X false true X false false X X X 1 SOUTHERN METHODIST UNIVERSITY 750800689 2 true 0 0 1 0 0 true false false false false false false false false false false false false false false true false 7771002 7771002 2008436 603175 1405261 9176263 Deposits 11827 11827 Schedule D, Part X FIN 48 Footnote The consolidated financial statements for Southern Methodist University and supporting organizations included the following footnote: The University and its consolidated entities are exempt from federal income taxes except to the extent they have unrelated business income. In addition, there were no uncertain income tax positions during the reporting periods. Accordingly, no tax liability or tax benefit is required under ASC 740, Income Taxes. false false false false false false false false false Paul Ward V.P. and Secretary 0 530217 0 75000 0 18887 0 105500 0 22518 0 752122 0 0 Brad Cheves VP and Asst Secretary 0 552484 0 100000 0 38850 0 155500 0 59381 0 906215 0 0 Christine Regis President 0 564524 0 75000 0 14595 0 105500 0 19878 0 779497 0 0 Mark Greim V.P. and Treasurer 0 167123 0 4000 0 603 0 17860 0 37625 0 227211 0 0 Form 990, Part VI, Line 6 Classes of members or stockholders Southern Methodist University is the sole member of the corporation. Form 990, Part VI, Line 11b Review of form 990 by governing body An electronic copy of the completed Form 990 is provided to the organization's governing body sufficiently in advance of the filing deadline for a detailed and conscientious review by all officers. All questions, concerns, etc. of the governing body are addressed and incorporated into the Form 990 as required. Form 990, Part VI, Line 12c Conflict of interest policy The conflict of interest information is gathered by and for Southern Methodist University (SMU), the sole member of the corporation. SMU's Conflict of Interest Policy applies to subsidiaries and affiliates of SMU. Pursuant to the SMU Conflict of Interest Policy relating to trustees, members of Board committees, executive officers and deans, each covered person completes a conflict of interest disclosure form annually. These disclosures are reviewed by a Board of Trustees Conflicts Committee. The Committee reviews the material facts and decides whether such facts give rise to a conflict of interest and, if so, whether such conflict of interest should be approved or disapproved. With respect to any other SMU employees with authority to sign contracts or who otherwise play a substantive role in the contract approval process for financial and other commercial commitments of the University, each such person must complete a conflict of interest disclosure form annually. These disclosures are reviewed by the General Counsel. Upon review of all material facts, the General Counsel must decide whether such facts give rise to a conflict of interest and, if so, whether such conflict of interest should be approved or disapproved. The General Counsel provides a written report of all such determinations to the Board Conflicts Committee. Form 990, Part VI, Line 19 Required documents available to the public The organization does not make its governing documents, conflict of interest policy and financial statements available to the public. Part IV , Line 28 Mustang Mockingbird Properties is a supporting organization for Southern Methodist University. Some officers of Mustang Mockingbird Properties are also officers of Southern Methodist University. Any transactions between Southern Methodist University and Mustang Mockingbird Properties are identified in Schedule R, Part V. Form 990 , Part VI Part VI Line 13 For FY 2023, whistleblowers would use the whistleblower policy of the sole member, Southern Methodist University. Part VI Line 15a and 15b - Mustang Mockingbird Properties is a supporting organization for Southern Methodist University, a 501(c)(3) tax exempt organization. The officers receive employment compensation from Southern Methodist University. Form 990 , Part VII - Additional Information Mustang Mockingbird Properties is a supporting organization for Southern Methodist University. The officers are all full time employees of Southern Methodist University and work as needed on Mustang Mockingbird Properties business. Form 990 , Part XII - Additional Information The financial statements for Mustang Mockingbird Properties were included in the consolidated audited financial statements for Southern Methodist University. The Audit Committee for Southern Methodist University, the supported organization, is responsible for reviewing the consolidated audited financial statements and accompanying footnotes. During the Audit Committee Meeting, the committee members are given an opportunity to ask questions of management and the audit firm. Significant transactions are highlighted in the Executive Summary. Southern Methodist University 3140 Dyer Street MS261 Dallas TX 75275 750800689 Education TX 501(c)(3) 2 NA false Peruna East Corporation 3140 Dyer Street MS261 Dallas TX 75275 454611768 Supporting TX 501(c)(3) Type I NA false Peruna Holdings Corporation 3140 Dyer Street MS261 Dallas TX 75275 204039621 Supporting TX 501(c)(3) Type I NA false SMU Golf 3140 Dyer Street MS261 Dallas TX 75275 465131991 Supporting TX 501(c)(3) Type I NA false SMU Corp 3140 Dyer Street MS261 Dallas TX 75275 264739435 Supporting TX 501(c)(3) Type I NA false false false false false false false false false false false false false false true true false false false false Schedule R, Part V, Line 1 The transactions marked yes in Schedule R, Part V are with 501 (c) (3) organizations