2024-05-13T21:19:10-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2022-07-01 540573801 MARYMOUNT UNIVERSITY MARY 7035266941 2807 NORTH GLEBE ROAD ARLINGTON VA 22207 BARRY HARTE VICE PRESIDENT AND TREASURER 7032841480 2024-05-12 1 BARRY HARTE XXX-XX-XXXX 0 ROBERT WILLIAMS P01345960 5715793002 2024-05-10 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z BARRY HARTE 2807 NORTH GLEBE ROAD ARLINGTON VA 22207 160987581 0 X WWW.MARYMOUNT.EDU X 1950 VA SEE SCHEDULE O. FOUNDED IN 1950, MARYMOUNT UNIVERSITY IS AN INDEPENDENT, COMPREHENSIVE CATHOLIC UNIVERSITY OFFERING A FULL RANGE OF GRADUATE AND UNDERGRADUATE COURSES AND DEGREE PROGRAMS FOR STUDENTS OF ALL AGES THROUGH ITS MAIN CAMPUS, ITS BALLSTON CAMPUS, AND THROUGH OUTREACH ACTIVITIES IN VIRGINIA. 33 32 1293 32 3631775 43364 12240510 13021514 110348268 107928826 1782601 -65236 873538 962762 125244917 121847866 27792505 28167636 0 0 43083975 51003911 0 0 1448458 56301191 52762772 127177671 131934319 -1932754 -10086453 259324129 257604589 154506099 164034350 104818030 93570239 X MARYMOUNT IS A NATIONALLY RANKED COMPREHENSIVE CATHOLIC UNIVERSITY, GUIDED BY THE TRADITIONS OF THE RELIGIOUS OF THE SACRED HEART OF MARY, THAT EMPHASIZES INTELLECTUAL CURIOSITY, SERVICE TO OTHERS, AND A GLOBAL PERSPECTIVE. A MARYMOUNT EDUCATION PROMOTES CAREER PREPARATION, AND PROVIDES OPPORTUNITIES FOR PERSONAL AND PROFESSIONAL GROWTH. A STUDENT-CENTERED LEARNING COMMUNITY THAT VALUES DIVERSITY AND FOCUSES ON THE EDUCATION OTHE WHOLE PERSON, MARYMOUNT GUIDES THE INTELLECTUAL, ETHICAL, AND SPIRITUAL DEVELOPMENT OF EACH INDIVIDUAL. 0 0 66082455 88566327 THE UNIVERSITY OFFERS A WIDE RANGE OF GRADUATE AND UNDERGRADUATE DEGREE PROGRAMS TO APPROXIMATELY 3,711 STUDENTS. EXPENSES INDCLUDE SALARIES AND BENEFITS FOR ALL FACULTY AND STAFF. 28167636 28167636 SCHOLARSHIP ALLOWANCES - PROVIDE OPPORTUNITIES FOR THOSE WHO WOULD NOT BE ABLE TO COMPLETE THEIR COLLEGE EDUCATION WITHOUT FINANCIAL ASSISTANCE. 19286388 16693486 AUXILIARY SERVICES - PROVIDES HOUSING, FOOD AND HEALTH SERVICES TO APPROXIMATELY 867 RESIDENTIAL STUDENTS. 113536479 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 154 0 1 1293 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 33 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X BARRY HARTE VICE PRESIDENT AND TREASURER 7039087633 2807 N GLEBE RD ARLINGTON VA 22207 DR IRMA BECERRA-FERNANDEZ PRESIDENT 40.00 X X 407030 0 98881 DR EDWARD H BERSOFF CHAIR 1.00 X 0 0 0 MARLEN MALEK VICE CHAIR 1.00 X 0 0 0 CARMELITA H TREACY SECRETARY 1.00 X 0 0 0 KATHLEEN CONNELL RSHM BOARD MEMBER 1.00 X 0 0 0 PETER CONVERSE BOARD MEMBER 1.00 X 0 0 0 MARTINA CROWLEY RSHM BOARD MEMBER 1.00 X 0 0 0 DAVID DACQUINO BOARD MEMBER 1.00 X 0 0 0 MARIA COAKLEY DAVID BOARD MEMBER 1.00 X 0 0 0 ANGELA PHILLIPS DIAZ BOARD MEMBER 1.00 X 0 0 0 JAMES DYKE BOARD MEMBER 1.00 X 0 0 0 STEFAN FEDOR BOARD MEMBER 1.00 X 0 0 0 GABRIEL F GALVAN BOARD MEMBER 1.00 X 0 0 0 MICHAEL J HERSHMAN BOARD MEMBER 1.00 X 0 0 0 JAMES L JENNINGS BOARD MEMBER 1.00 X 0 0 0 SAM KHASHMAN BOARD MEMBER 1.00 X 0 0 0 ALEXANDRA KESSLER BOARD MEMBER 1.00 X 0 0 0 YONG KIM BOARD MEMBER 1.00 X 0 0 0 GREGORI LEBEDEV BOARD MEMBER 1.00 X 0 0 0 JUSTINE DANDREA POPE BOARD MEMBER 1.00 X 0 0 0 LOLA C REINSCH BOARD MEMBER 1.00 X 0 0 0 F KEVIN REYNOLDS BOARD MEMBER 1.00 X 0 0 0 JOHN D ROCKWOOD BOARD MEMBER 1.00 X 0 0 0 JOSE R RODRIGUEZ BOARD MEMBER 1.00 X 0 0 0 MONICA SCHMUDE BOARD MEMBER 1.00 X 0 0 0 JOHN SHOOSHAN BOARD MEMBER 1.00 X 0 0 0 J ANDREW STEELE BOARD MEMBER 1.00 X 0 0 0 JENNIFER W SICILIANO BOARD MEMBER 1.00 X 0 0 0 COURTNEY SPAETH BOARD MEMBER 1.00 X 0 0 0 PATRICIA MILLER STEIS BOARD MEMBER 1.00 X 0 0 0 THERESA THOMPSON BOARD MEMBER 1.00 X 0 0 0 MARIA TIMONEY RSHM BOARD MEMBER 1.00 X 0 0 0 CLEVIE YOUNGBLOOD RSHM BOARD MEMBER 1.00 X 0 0 0 DR HESHAM EL-REWINI PROVOST AND SENIOR VICE PRESIDENT 40.00 X 296812 0 34285 BARRY HARTE VICE PRESIDENT AND TREASURER 40.00 X 259105 0 33253 DR WILLIAM BISSETT VP ENROLLMENT MGMT & STUDENT AFFAIRS 40.00 X 257684 0 31198 DR KENNETH HARWOOD DEAN 40.00 X 227201 0 23681 JONATHAN ABERMAN DEAN 40.00 X 262091 0 22678 CARL WHITMAN ASSOCIATE VP AND CIO 40.00 X 193843 0 14324 ROBIN WHITFIELD ASSOCIATE VP AND CFO 40.00 X 195224 0 28130 DR MARNEL NILES GOINS AVP 40.00 X 179948 0 29582 2278938 0 316012 42 0 1 0 KEYPATH EDUCATION LLC 1933 MEACHAM RD SCHAUMBURG IL 60173 ONLINE PROGRAM MANAGEMENT 5937437 COLLABORATIVE SOLUTIONS LLC 11190 SUNRISE VALLEY DR RESTON VA 20191 ENTERPRISE CLOUD CONSULTING 1568695 CBRE INC PO BOX 406588 ATLANTA GA 30384 REAL ESTATE MANAGEMENT 844510 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 ADMISSION CONSULTANT 474894 GQR GLOBAL MARKETS 316 W 12TH STREET AUSTIN TX 78701 IT CONSULTING 293760 23 7851936 5169578 74408 13021514 TUITION 900099 87628835 87628835 AUXILIARY SERVICE 900099 19362499 16693486 2669013 FEES 900099 937492 937492 107928826 1377726 1377726 37696753 39139715 -1442962 -1442962 -1442962 BOOKSTORE 900099 644479 644479 CAMP INCOME 900099 318283 318283 962762 121847866 105259813 3631775 -65236 28167636 28167636 1501205 1291038 195156 15011 41676919 33840063 6938704 898152 1754251 1448822 257566 47863 335856 1135373 -838949 39432 5735680 4886580 726725 122375 3785419 2686630 1096738 2051 469487 173873 295614 266317 50 266267 63610 63610 4332881 1225323 3097920 9638 689073 363382 323862 1829 1095945 817771 199997 78177 1083525 1090584 -7059 7814833 8366088 -568130 16875 1694475 1105177 570306 18992 1178130 944506 85146 148478 6804314 6668228 136086 10270521 9346174 924347 2029370 288171 1741199 REPAIRS & MAINTENANCE 6154062 5447750 706312 AUXILIARY SERVICES 2180027 2203887 -23860 MEMBERSHIP DUES 1846687 1562953 236717 47017 OTHER EXPENSES 1004096 476420 525108 2568 131934319 113536479 16949382 1448458 15906449 18556803 3848301 5607711 13290293 16599527 479077 479077 2374275 329655 306022423 122759117 171894632 183263306 37698886 18878435 11587226 13099272 2244990 790803 259324129 257604589 11068792 13149772 4712751 4400293 121264145 118571540 16695912 20682868 764499 7229877 154506099 164034350 X 62893260 45222630 41924770 48347609 104818030 93570239 259324129 257604589 -10086453 2980010 -4141348 0 X 0 1 X 1 1 1 X 2468281 4652997 4843396 10012267 13021514 34998455 2468281 4652997 4843396 10012267 13021514 34998455 1001480 33996975 1798076 1222877 947224 1357029 1377726 6702932 303 384443 81683 444485 1001201 1912115 43613502 53808333 0.77950 0.78760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 248090 0 49328676 150224 -1051193 16450000 31977707 58426313 414750 -7251539 2243079 17769 49328676 47701014 355870 12456883 2090352 -2898 58426313 46908426 592768 626520 360000 66700 47701014 46300321 853758 1953055 1815500 383208 46908426 0.03900 0.35810 0.60290 1 0 10421076 10421076 219095774 66892892 152202882 39207478 33254497 5952981 37298095 22611728 14686367 183263306 13099272 F 13099272 LEASE LIABILITY 6520981 U.S. GOVERNMENT GRANTS REFUNDABLE 708896 7229877 PART V, LINE 4: ENDOWMENT FUNDS ARE USED ACCORDING TO THE INTENTIONS OF THE DONORS AT THE TIME THE ENDOWMENT GIFTS ARE MADE. THE UNIVERSITY'S ENDOWMENT FUNDS ARE PRIMARILY TO SUPPORT STUDENT SCHOLARSHIPS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 PUBLISHED THROUGH NEWSPAPER ADVERTISEMENTS AND UNIVERSITY PUBLICATIONS, CATALOGS. ETC. SCHEDULE E, PART I, LINE 6 LISTING OF ALL FINANCIAL AID OR ASSISTANCE RECEIVED FROM GOVERNMENTAL AGENCIES, NOT JUST TITLE IV FROM THE DEPARTMENT OF EDUCATION. FEDERAL GRANTS: FWS $4,064; PELL - $2,695,273: SEOG - $171,065: FFELP - $34,985,002 TOTAL FEDERAL GRANTS - $37,855,404.00 STATE GRANTS: DISTRICT OF COLUMBIA/CAP PROGRAM - $162,273; VIRGINIA TAG - $3,233,600; TOTAL STATE GRANTS - $3,395,873 TOTAL FEDERAL AND STATE GRANTS - $41,251,277.00 1 STUDENT AID, GRANTS AND OTHER ASSISTANCE 3694 28167636 N/A N/A PART I, LINE 2: THE UNIVERSITY MAINTAINS RECORDS TO ENSURE FINANCIAL AID IS AWARDED TO ELIGIBLE STUDENTS BASED ON CRITERIA IN INDIVIDUAL SCHOLARSHIPS, AS WELL AS FEDERAL REGULATIONS, OR DONOR RESTRICTIONS. FEDERAL GRANTS ARE AWARDED BASED ON FAFSA INFORMATION. X X 1 1 X X X 0 1 0 0 0 0 0 0 0 DR IRMA BECERRA-FERNANDEZ PRESIDENT 366430 0 40600 0 0 0 93539 0 5342 0 505911 0 0 0 DR HESHAM EL-REWINI PROVOST AND SENIOR VICE PRESIDENT 274457 0 21155 0 1200 0 23142 0 11143 0 331097 0 0 0 BARRY HARTE VICE PRESIDENT AND TREASURER 243659 0 15446 0 0 0 20500 0 12753 0 292358 0 0 0 DR WILLIAM BISSETT VP ENROLLMENT MGMT & STUDENT AFFAIRS 242235 0 15449 0 0 0 20300 0 10898 0 288882 0 0 0 JONATHAN ABERMAN DEAN 238429 0 22462 0 1200 0 14618 0 8060 0 284769 0 0 0 DR KENNETH HARWOOD DEAN 227201 0 0 0 0 0 18676 0 5005 0 250882 0 0 0 ROBIN WHITFIELD ASSOCIATE VP AND CFO 179138 0 16086 0 0 0 15218 0 12912 0 223354 0 0 0 DR MARNEL NILES GOINS AVP 160866 0 19082 0 0 0 14128 0 15454 0 209530 0 0 0 CARL WHITMAN ASSOCIATE VP AND CIO 170499 0 23344 0 0 0 14222 0 102 0 208167 0 0 0 PART I, LINE 1A DR. IRMA BECERRA-FERNANDEZ, PRESIDENT, RECEIVES THE USE OF A UNIVERSITY-OWNED PRIVATE DWELLING, INCLUDING CLEANING SERVICES, AS WELL AS A CAR, PURSUANT TO THE TERMS OF HER EMPLOYMENT CONTRACT. THIS BENEFIT WAS NOT TREATED AS TAXABLE COMPENSATION. PART I, LINE 4B THE UNIVERSITY ESTABLISHED AN UNFUNDED AND UNSECURED, NONELECTIVE, NONQUALIFIED DEFERRED COMPENSATION PLAN FOR A KEY EMPLOYEE. IN ORDER TO DEFER COMPENSATION, THE EMPLOYEE IS REQUIRED TO PERFORM THREE YEARS OF CONTINUOUS SERVICE FOR THE UNIVERSITY EXTENDING THROUGH JUNE 30, 2023. THE DEFERRAL AMOUNT IS GREATER OF $34,200 OR AN ANNUALLY DEFERRED AMOUNT BASED ON A PERCENTAGE OF THE KEY EMPLOYEE'S SALARY. CALENDAR YEAR 2022 KEY EMPLOYEE: IRMA BECERRA-FERNANDEZ; $61,306 A VIRGINIA COLLEGE BUILDING AUTHORITY 541249154 9277816F6 2015-04-08 69347511 SEE PART VI 0 0 0 B VIRGINIA COLLEGE BUILDING AUTHORITY 541249154 9277817MO 2015-07-15 67052610 SEE PART VI 0 0 0 A 8785000 69347511 4286750 1250741 63810020 2017 1 0 1 1 B 3255000 67052610 4656213 6658389 1336300 54401708 0 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 0 B 0 1 0 0 0 0 0 0 1 A 1 B 1 SCHEDULE K, PART I(F), ROW A: REFUND PRIOR BONDS ISSUED 11/18/1998, 03/04/2009, 2/21/2012 TOTALING $55,761,970 PLUS DEFERRED MAINTENANCE -RENOVATIONS AND IMPROVEMENTS TO MAIN CAMPUS $8,048,050. SCHEDULE K, PART I(F), ROW B: COST OF CONSTRUCTION AND EQUIPMENT OF APPROXIMATELY SIX STORY, 165,000 SQUARE FOOT ACADEMIC BUILDING LOCATED ON THE UNIVERSITY'S CAMPUS IN THE BALLSTON NEIGHBORHOOD OF ARLINGTON COUNTY VIRGINIA. X 8 60681 AVERAGE SALE PRICE X MISCELLANEOUS 6 13272 DONOR VALUE 0 0 0 0 PART I, COLUMN (B): COLUMN B REPRESENTS NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION B, LINE 11B THE VICE PRESIDENT, FINANCE AND OPERATIONS OF THE UNIVERSITY PRESENTS A DRAFT OF THE FORM 990 TO THE AUDIT COMMITTEE, AS DELEGATED, FOR REVIEW AND RECOMMENDATION. THE AUDIT COMMITTEE VOTES ON THE RECOMMENDATION OF THE FULL BOARD OF THE TRUSTEES, OR THE EXECUTIVE COMMITTEE ON ITS BEHALF, TO ACCEPT THE FORM 990. THE FORM 990 IS THEN FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES CONFLICT OF INTEREST POLICY REQUIRES THE BOARD MEMBERS TO SIGN AND COMPLETE AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE AND STATEMENT AND FILE SUCH STATEMENT WITH THE SECRETARY OF THE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT PRESENTS HER COMPENSATION RECOMMENDATIONS TO THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. HER RECOMMENDATIONS COVER ALL ADMINISTRATIVE OFFICERS (VICE PRESIDENTS) OF THE UNIVERSITY, THERE IS LIMITED USE OF COMPARABLE COMPENSATION DATA. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST EITHER AS WRTTEN DOCUMENTS OR BY INSPECTION AT THE BUSINESS OFFICE OF THE UNIVERSITY. MARYMOUNT NBG GROUND LESSOR LLC 2807 NORTH GLEBE ROAD ARLINGTON VA 22207 540573801 HOLDING RESIDENTIAL PARCEL OF THE UNIVERSITY PROPERTY VA 0 0 MARYMOUNT UNIVERSITY