2026-02-23T18:31:03-06:00 2025-05-31 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2024-06-01 520591694 MCDANIEL COLLEGE INC MCDA 4108572218 2 COLLEGE HILL WESTMINSTER MD 211574303 JULIANNE JASKEN PRESIDENT 4108572218 2026-02-10 1 1 KERRI N BOGDA P00760402 7177404863 2026-01-30 2024 2025-03-06 01:10:19Z JULIANNE JASKEN 2 COLLEGE HILL WESTMINSTER MD 211574303 184153595 0 X WWW.MCDANIEL.EDU X 1867 MD STUDENTS ARE THE FOCUS AT MCDANIEL AND PROVIDING THE IDEAL LEARNING ENVIRONMENT IS OUR GOAL. 37 37 1480 70 618416 0 15946597 43615201 106822460 109674180 7085197 9228345 350781 500213 130205035 163017939 54785036 55510124 0 0 37897773 40462074 0 0 2490771 37482336 38006815 130165145 133979013 39890 29038926 247790413 283578807 49278521 49128807 198511892 234450000 X MCDANIEL COLLEGE IS A DIVERSE STUDENT-CENTERED COMMUNITY COMMITTED TO EXCELLENCE IN THE LIBERAL ARTS & SCIENCES AND PROFESSIONAL STUDIES WITH CAREFUL MENTORING AND ATTENTION TO THE INDIVIDUAL. MCDANIEL CHANGES LIVES. WE CHALLENGE STUDENTS TO DEVELOP THEIR UNIQUE POTENTIAL WITH REASON, IMAGINATION, AND HUMAN CONCERN, THROUGH FLEXIBLE ACADEMIC PROGRAMS, COLLABORATIVE AND EXPERIENTIAL LEARNING, AND GLOBAL ENGAGEMENT, MCDANIEL PREPARES STUDENTS FOR SUCCESSFUL LIVES OF LEADERSHIP, SERVICE, AND SOCIAL RESPONSIBILITY, 0 0 94966268 46074394 82057619 UNDERGRADUATE PROGRAM OF STUDY: 1,626 FULL TIME STUDENT EQUIVALENCY.MCDANIEL COLLEGE HAS A LONG HISTORY AS A SMALL PRIVATE COLLEGE OF THE LIBERAL ARTS. MCDANIEL OFFERS COURSES OF STUDY IN MORE THAN 70 AREAS, INCLUDING PRE-PROFESSIONAL PROGRAMS, TEACHING CERTIFICATION, AND OFF-CAMPUS PROGRAMS. STUDENTS MAY PURSUE TRADITIONAL, DUAL, OR DOUBLE MAJORS, OR DESIGN THEIR OWN COURSE OF STUDY.THE AVERAGE CLASS SIZE IS 17 STUDENTS AND THE STUDENT-FACULTY RATIO IS 13:1. MCDANIEL HAS 124 FULL-TIME FACULTY; 94 PERCENT HOLD TERMINAL DEGREES IN THEIR DISCIPLINES. ALL COURSES AND LABORATORIES ARE TAUGHT BY REGULAR FACULTY MEMBERS, NOT TEACHING ASSISTANTS. THE COLLEGE OFFERS COUNTLESS OPPORTUNITIES FOR OFF-CAMPUS STUDY BOTH WITHIN THE UNITED STATES AND OVERSEAS, AMONG THEM: STUDY IN BUDAPEST, HUNGARY, THROUGH AN AGREEMENT WITH COLLEGE INTERNATIONAL WHICH FOLLOWS MCDANIEL'S CURRICULUM.MCDANIEL IS ACCREDITED BY THE COMMISSION ON HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS. 20259471 8880687 17964364 AUXILIARY SERVICES: DINING HALL SERVICES FOR 1,220 STUDENTS AND RESIDENCE HALL SERVICES FOR 1,290 STUDENTS.RESIDENCE HALL - AT MCDANIEL, FIRST, SECOND AND THIRD YEAR STUDENTS ALL LIVE ON CAMPUS. IN FACT, ALL STUDENTS ARE GUARANTEED HOUSING FOR ALL FOUR YEARS. EXCEPTIONS TO THE RESIDENCY REQUIREMENTS ARE MADE FOR THOSE WHO LIVE NEARBY WITH THEIR PARENTS, ARE MARRIED, OR ARE OVER AGE 24 OR PART TIME.YOU'LL FIND A RANGE OF OPTIONS, INCLUDING CLASSIC DORM STYLE ARRANGEMENTS AND APARTMENT SUITES, STAFFED BY FRIENDLY AND CAPABLE RESIDENT ASSISTANTS, WHO ARE SUPERVISED BY PROFESSIONAL STAFF. ALL RESIDENCES ARE WIRED FOR CABLE AND THE INTERNET.DINING HALL - AT MCDANIEL, STUDENTS HAVE A WIDE RANGE OF DINING CHOICES, CHOSEN FROM A VARIETY OF MEAL PLANS DESIGNED FOR DORM, APARTMENT, OR COMMUTER STUDENT LIVING. ALL DINING LOCATIONS ARE WITHIN WALKING DISTANCE AND OFFER EXTENSIVE HOURS. 11395952 555043 9652197 GRADUATE PROGRAM OF STUDY - FULL TIME STUDENT EQUIVALENCY 937.THE MISSION OF GRADUATE AND PROFESSIONAL STUDIES IS TO PREPARE CULTURALLY COMPETENT PROFESSIONALS COMMITTED TO LEADERSHIP IN THEIR FIELD. STUDENTS ARE PLACED IN THE CENTER OF A COMMUNITY RICH IN THE LIBERAL ARTS TRADITION, AN EMPHASIS ON THE FOUNDATION OF KNOWLEDGE ANDCRITICAL DECISION MAKING BASED ON CURRENT RESEARCH, THEORY AND PRACTICE ARE CENTRAL TO THE VARIOUS PROGRAMS.TWO GRADUATE DEGREES ARE GRANTED BY MCDANIEL COLLEGE: THE MASTER OF LIBERAL ARTS, AND THE MASTER OF SCIENCE. MCDANIEL COLLEGE IS ACCREDITED BY THE COMMISSION ON HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS. THE SCHOOL IS ALSO ACCREDITED BY THE AMERICAN CHEMICAL SOCIETY, COUNCIL ON SOCIAL WORK EDUCATION, NATIONAL COUNCIL FOR ACCREDITATION OF TEACHER EDUCATION AND THE MARYLAND STATE DEPARTMENT OF EDUCATION.MCDANIEL COLLEGE GRADUATE AND PROFESSIONAL STUDIES DOES MORE THAN PREPARE TEACHERS, ADMINISTRATORS, COUNSELORS, AND A HOST OF EDUCATIONAL SPECIALISTS. AT MCDANIEL, YOU WILL FIND PROFESSIONAL PROGRAMS IN EXERCISE SCIENCE, GERONTOLOGY, AND HUMAN RESOURCE MANAGEMENT. 126621691 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 0 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 1 1 1 0 0 1 3773 0 1480 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 37 37 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO DC FL GA IL KS KY ME MD MA MI MN NV NH NJ NM NY NC OH OK OR PA RI SC TN UT VA WA WV WI X JULIE FISHER CONTROLLERTREASURER 4108572218 2 COLLEGE HILL WESTMINSTER MD 211574303 BRUCE H PRESTON CHAIR 1.00 0.00 X X 0 0 0 MARY LYNN DURHAM VICE CHAIR 1.00 0.00 X X 0 0 0 CHARLES BOEHLKE JR TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM BUTZ TRUSTEE 1.00 0.00 X 0 0 0 MARK CARTER TRUSTEE 1.00 0.00 X 0 0 0 RANDALL M DAY TRUSTEE 1.00 0.00 X 0 0 0 LUCERO ESPINAL TRUSTEE 1.00 0.00 X 0 0 0 JAMES FRANCIS TRUSTEE 1.00 0.00 X 0 0 0 RALPH O FRITH TRUSTEE 1.00 0.00 X 0 0 0 DARRELL T GUYTON TRUSTEE 1.00 0.00 X 0 0 0 MARTIN KP HILL TRUSTEE 1.00 0.00 X 0 0 0 SAM HOPKINS TRUSTEE 1.00 0.00 X 0 0 0 STEVEN D KESLER TRUSTEE 1.00 0.00 X 0 0 0 KAREN LAMONT TRUSTEE 1.00 0.00 X 0 0 0 KEITH LAWSON TRUSTEE 1.00 0.00 X 0 0 0 JAMES E LIGHTNER TRUSTEE 1.00 0.00 X 0 0 0 JULIE LUCAS TRUSTEE 1.00 0.00 X 0 0 0 TIMOTHY MCLISTER TRUSTEE 1.00 0.00 X 0 0 0 MILLARD MAZER TRUSTEE 1.00 0.00 X 0 0 0 JILL MENNICKEN TRUSTEE 1.00 0.00 X 0 0 0 ALBERT J MEZZANOTTE JR TRUSTEE 1.00 0.00 X 0 0 0 VIRGINIA MILLER TRUSTEE 1.00 0.00 X 0 0 0 CHARLES E MOORE JR TRUSTEE 1.00 0.00 X 0 0 0 DAVID MOSKOWITZ TRUSTEE 1.00 0.00 X 0 0 0 CHRISTOPHER C NEWMAN TRUSTEE 1.00 0.00 X 0 0 0 WALTER OLSON TRUSTEE 1.00 0.00 X 0 0 0 BOB PICK TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM RODGERS TRUSTEE 1.00 0.00 X 0 0 0 DEBBIE SEIDEL TRUSTEE 1.00 0.00 X 0 0 0 BARBARA SHELTON TRUSTEE 1.00 0.00 X 0 0 0 AARON SLAUGHTER TRUSTEE 1.00 0.00 X 0 0 0 PETER SPARTIN TRUSTEE 1.00 0.00 X 0 0 0 SUE STEVENSON TRUSTEE 1.00 0.00 X 0 0 0 PATRICK STOKES TRUSTEE 1.00 0.00 X 0 0 0 BARBARA A THOMAS TRUSTEE 1.00 0.00 X 0 0 0 JAMES H YATES TRUSTEE 1.00 0.00 X 0 0 0 CARROLL L YINGLING TRUSTEE 1.00 0.00 X 0 0 0 JULIANNE JASKEN PRESIDENT 35.00 0.00 X 409553 0 71757 ERIC SIMON VP ADMIN & FINANCE 35.00 0.00 X 254427 0 23649 JULIE FISHER AVP OF FINANCE 35.00 0.00 X 130364 0 30693 ANDREW CUNNINGHAM DIR. FINAN. PLANNING/ASST. TREASURER 35.00 0.00 X 98005 0 28506 ERIN BENEVENTO CHIEF OF STAFF/SECRETARY 35.00 0.00 X 87242 0 14052 ANDREA PHILLIPS ASSOC. CHIEF OF STAFF & EVENTS COORD. 35.00 0.00 X 57020 0 1033 JANELLE HOLMBOE EXEC VP OF CONSTITUENT ENGAGEMENT 35.00 0.00 X 272658 0 42362 FLAVIUS LILLY PROVOST 35.00 0.00 X 283895 0 24556 VICKIE MAZER DEAN OF GRADUATE & PROF STUDIES 35.00 0.00 X 190219 0 19716 DAVE SEARS VP INSTITUTIONAL ADVANCEMENT 35.00 0.00 X 238371 0 41592 LAWRENCE JUNKIN SENIOR AVP OF IA 35.00 0.00 X 176755 0 17384 CAROLYN HOJNOWSKI AVP OF DEVELOPMENT 35.00 0.00 X 148033 0 31169 HEATHER GABLE ASSOC. PROFESSOR/NURSING PROGRAM DIR. 35.00 0.00 X 157466 0 33364 MATTHEW RAMSEY GRAD. CHAIR & HUMAN SVCS COORD. 35.00 0.00 X 174118 0 18811 CHRISTINE MORAN AVP STUDENT SUCCESS 35.00 0.00 X 161627 0 36846 2839753 0 435490 44 0 1 0 CAMPUS WORKS INC 1767 LAKEWOOD RANCH BLVD 305 BRADENTON FL 34211 IT SERVICES 2173004 ARAMARK MANAGEMENT SERVICES 1101 MARKET STREET PHILADELPHIA PA 19107 PHYSICAL PLANT 1988178 CYGNINI LLC 1516 KELLY STREET OCEANSIDE CA 92054 STUDENT RECRUITING 552265 WAYBETTER MARKETING 7021 COLUMBIA GATEWAY DR COLUMBIA MD 21046 STUDENT RECRUITING 535648 MARSHALL CRAFT 2031 CLIPPER PARK ROAD BALTIMORE MD 21211 BUILDING ARCHITECT 505709 14 17763 5996142 37601296 25980560 43615201 TUITION & FEES - UNDERGRADUATE 611600 82057619 82057619 SALES/SVCS OF AUX. ENTERPRISES 721310 17964364 17345948 618416 TUITION & FEES - GRADUATE 611600 9652197 9652197 109674180 3535628 3535628 151202 236667 -85465 -85465 -85465 26570141 20877424 5692717 5692717 5692717 19125 17763 21565 -2440 -2440 PARKING FINES/FEES 900099 272019 272019 BAD DEBT RECOVERY 900099 116174 116174 TUITION CONTRACT FEES 900099 88925 88925 111000 111000 588118 163017939 109055764 618416 9728558 55425715 55425715 84409 84409 2316025 825510 1305972 184543 30029736 27997381 667661 1364694 1137746 1060637 18382 58727 4795423 4380976 161554 252893 2183144 2005401 62187 115556 228060 228060 100058 100058 115210 115210 16296 16296 1912824 1912824 9600467 9245907 152653 201907 1689661 1646273 43388 3685712 3628218 20030 37464 330185 330185 2929385 2927947 1438 532305 478730 4588 48987 654994 501041 12303 141650 1437863 1437863 5138250 5138250 739215 739215 SPONSORED PROGRAM 3335307 3335307 DUES AND SUBSCRIPTIONS 1962334 1956838 5196 300 REPAIRS/MAINTENANCE 1884210 1883390 820 STUDENT SERVICES 711280 527119 147815 36346 1003199 837319 161564 4316 133979013 126621691 4866551 2490771 28712 50883 26692370 23443729 683287 3365768 769603 1686027 498114 562508 680876 1082576 204368199 142447835 57815583 61920364 92449774 98148744 62252138 61811121 333067 225967 5586889 31281120 247790413 283578807 11198040 10876135 2643514 3093625 31219230 28453408 3707572 3753472 510165 2952167 49278521 49128807 X 60929992 62334927 137581900 172115073 198511892 234450000 247790413 283578807 X 29038926 6924896 -25714 X 0 1 X 1 1 1 X 10453597 14136991 15018225 15946597 43615201 99170611 10453597 14136991 15018225 15946597 43615201 99170611 23452587 75718024 2087114 2249613 2483657 3354729 3686830 13861943 3127 3127 370138 549178 540840 574900 607243 2642299 115677980 528584293 0.65460 0.81120 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: ADVANTAGE REWARD - 2020 AMOUNT: $ 28,300. 2021 AMOUNT: $ 54,857. 2022 AMOUNT: $ 43,487. 2023 AMOUNT: $ 55,355. 2024 AMOUNT: $ 45,383. BAD DEBT RECOVERY - 2021 AMOUNT: $ 89,480. 2022 AMOUNT: $ 101,232. 2023 AMOUNT: $ 114,529. 2024 AMOUNT: $ 116,174. FEES - 2021 AMOUNT: $ 15,856. 2022 AMOUNT: $ 25,125. 2023 AMOUNT: $ 14,626. 2024 AMOUNT: $ 25,748. LATE FEE CHARGE - 2021 AMOUNT: $ 54,915. 2022 AMOUNT: $ 24,325. MISC INCOME - 2020 AMOUNT: $ 129,088. NON-CHARITABLE FUNDRAISING RECEIPTS - 2020 AMOUNT: $ 14,208. 2021 AMOUNT: $ 15,517. 2022 AMOUNT: $ 13,555. 2023 AMOUNT: $ 18,468. 2024 AMOUNT: $ 19,125. PARKING FINES/FEES - 2020 AMOUNT: $ 161,065. 2021 AMOUNT: $ 223,450. 2022 AMOUNT: $ 228,092. 2023 AMOUNT: $ 258,050. 2024 AMOUNT: $ 272,019. TRANSCRIPT FEES - 2020 AMOUNT: $ 37,477. 2021 AMOUNT: $ 37,853. 2022 AMOUNT: $ 35,399. 2023 AMOUNT: $ 40,622. 2024 AMOUNT: $ 39,869. TUITION CONTRACT FEES - 2021 AMOUNT: $ 57,250. 2022 AMOUNT: $ 69,625. 2023 AMOUNT: $ 73,250. 2024 AMOUNT: $ 88,925. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 16296 16296 0 PART II-B, LINE 1: THE ORGANIZATION PAID MEMBERSHIP DUES OF $103,688 TO THE MARYLAND INDEPENDENT COLLEGES AND UNIVERSITIES ASSOCIATION (MICUA), WHICH ENGAGES IN LOBBYING ACTIVITIES. MICUA SET ASIDE 15% OF THE DUES PAID TO ENGAGE IN NON-DEDUCTIBLE LOBBYING AND POLITICAL EXPENDITURES. THE ORGANIZATION ALSO PAID $9,288 TO NAICU WHICH ESTIMATES 8% OF ITS DUES ARE USED FOR LOBBYING. ACCORDINGLY, THE COLLEGE HAS REPORTED AN AMOUNT EQUAL TO 15% OF MICUA MEMBERSHIP AND 8% OF NAICU DUES PAID ON LINE 11 OF PART IX, STATEMENT OF FUNCTIONAL EXPENSES. 156111985 1630183 12664170 9111896 161294442 138133583 1712145 24966204 8699947 156111985 142294568 1929351 2284221 8374557 138133583 170051196 1252325 -10833963 8174990 10000000 142294568 127144128 1521082 49631566 8245580 170051196 0.16250 0.47360 0.36390 0 0 2838060 2838060 164180588 117790961 46389627 9451525 8015687 1435838 17736805 14029304 3707501 10161221 2611883 7549338 61920364 AG SUPER FUND 33638 F BLS GLOBAL 8338348 F CASH SURRENDER VALUE - LIFE INSURANCE 149806 F COLCHESTER 3117087 F COMMON FUND 102000 F EFFISSIMO 7163912 F EMERALD CREEK 3563736 F INVESTMENT IN VENTURE LEADING & LEASING IV 11299 F MILLENIUM INTERNATIONAL FUND 8497133 F NAYA 4975389 F NZC GUGGENHEIM 197044 F SOAPSTONE 4916172 F WESTWOOD EMERGING 7891448 F WELLINGTON 9800602 F KHROM 3053507 F 61811121 NET INVESTMENT IN WMC DEVELOPMENT 5514973 BEQUEST RECEIVABLE 25766147 31281120 REFUNDABLE ADVANCE FROM THE U.S. GOVERNMENT 333556 ACCUMULATED POST RETIREMENT BENEFIT OBLIGATION 2618611 2952167 X 112762697 6924896 -57438370 -50513474 163276171 -258232 -258232 163017939 76824589 262696 262696 76561893 57417120 57417120 133979013 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE INTENDED TO HELP PROVIDE AFFORDABLE EDUCATION TO STUDENTS BY PROVIDING FUNDS FOR FINANCIAL AID AND SUPPORT FOR THE OPERATIONS OF THE COLLEGE. PART X, LINE 2: THE COLLEGE ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE, WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD AT MAY 31, 2025 AND 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT EXPENSES -1,912,824. FINANCIAL AID -55,504,296. ADJUSTMENT OF ACTUARIAL LIABILITY ANNUITIES PAYABLE -21,250. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -236,667. SPECIAL EVENT EXPENSES NETTED WITH REVENUE -21,565. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 236,667. SPECIAL EVENT EXPENSES NETTED WITH REVENUE 21,565. ROUNDING 4,464. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 55,504,296. INVESTMENT EXPENSES 1,912,824. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE COLLEGE ADVERTISEMENTS COVER THE STATE OF MARYLAND, THE PRIMARY SEGMENT OF OUR GENERAL COMMUNITY. UNDER IRS PROCEDURES 75-50, EXCEPTION 4.03 - 2 (B), THE BALANCE OF OUR STUDENT BODY COMES FROM A LARGE GEOGRAPHICAL AREA. THEY ARE CONTACTED THROUGH VISITS TO HIGH SCHOOLS BY ADMISSIONS COUNSELORS WITH STUDENT PUBLICATIONS. ALL ADVERTISEMENTS, BROCHURES, AND OTHER PRINT MATERIALS STATE THE ORGANIZATION'S RACIAL NONDISCRIMINATORY POLICY. SCHEDULE E, PART I, LINE 6 MCDANIEL RECEIVES GRANTS AND SCHOLARSHIPS FOR FINANCIAL AID FROM THE FEDERAL GOVERNMENT AS WELL AS THE STATE OF MARYLAND. THE FUNDS THAT ARE RECEIVED ARE EARMARKED BY THE GOVERNMENT AGENCY FOR CERTAIN STUDENTS AND THE COLLEGE HAS NO DECISION MAKING POWER OVER THE FUNDS. 0 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 13472522 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 INVESTMENTS 7163912 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES INTERNATIONAL STUDY ABROAD 64080 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 PROGRAM SERVICES INTERNATIONAL STUDY ABROAD 145663 0 0 0 0 0 0 20846177 0 20846177 FINANCIAL AID EUROPE 5 56409 FINANCIAL AID FUNDS WERE APPLIED DIRECTLY TO STUDENT TUITION ACCOUNTS FINANCIAL AID EAST ASIA 2 28000 FINANCIAL AID FUNDS WERE APPLIED DIRECTLY TO STUDENT TUITION ACCOUNTS 1 0 1 1 1 0 PART I, LINE 2: A LIST OF SCHOLARSHIP RECIPIENTS IS ON FILE AT THE INSTITUTION AND IS AVAILABLE ON REQUEST. ALL RECIPIENTS ARE SELECTED ON AN EQUAL, OBJECTIVELY DETERMINABLE BASIS ACCORDING TO THE REQUIREMENTS FOR EACH SCHOLARSHIP AND/OR AID FOR WHICH THE RECIPIENT IS APPLYING. THAT IS, ALL STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS. ALL SCHOLARSHIPS AND FINANCIAL AID HAVE ACADEMIC REQUIREMENTS WHICH THE RECIPIENTS NEED TO MAINTAIN TO CONTINUE RECEIVING AID. STUDENTS DO NOT RECEIVE CASH GRANTS. RATHER, ALL FINANCIAL AID IS TREATED AS A REDUCTION TO TUITION. SCHEDULE F, PART IV, LINES 1, 3, AND 5: THE ORGANIZATION HAD TRANSFERS TO AND AN INTEREST IN A FOREIGN CORPORATION FOR THE YEAR BUT ITS TRANSACTIONS AND HOLDINGS DID NOT EXCEED THRESHOLDS FOR FILING. THE ORGANIZATION ALSO HAD INTERESTS IN FOREIGN PARTNERSHIPS AND DID NOT HAVE ANY TRANSFERS OR TRANSACTIONS WHICH EXCEEDED THE THRESHOLD FOR FILING. THE ORGANIZATION DID NOT INVEST IN ANY PASSIVE FOREIGN INVESTMENT COMPANY WHICH GENERATED A FILING REQUIREMENT. GOLF TOURNAMENT 36888 17763 19125 3786 8539 8442 798 36888 17763 19125 3786 8539 8442 798 21565 -2440 1 SCHOLARSHIPS/FELLOWSHIPS 1665 55425715 PART I, LINE 2: A LIST OF SCHOLARSHIP RECIPIENTS IS ON FILE AT THE INSTITUTION AND IS AVAILABLE ON REQUEST. ALL RECIPIENTS ARE SELECTED ON AN EQUAL, OBJECTIVELY DETERMINABLE BASIS ACCORDING TO THE REQUIREMENTS FOR EACH SCHOLARSHIP AND/OR AID FOR WHICH THE RECIPIENT IS APPLYING. THAT IS, ALL STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS. ALL SCHOLARSHIPS AND FINANCIAL AID HAVE ACADEMIC REQUIREMENTS WHICH THE RECIPIENTS NEED TO MAINTAIN TO CONTINUE RECEIVING AID. STUDENTS DO NOT RECEIVE CASH GRANTS. RATHER, ALL FINANCIAL AID IS TREATED AS A REDUCTION TO TUITION. X 1 0 X X X X 0 1 0 0 0 0 0 0 0 JULIANNE JASKEN PRESIDENT 409553 0 0 0 0 0 16055 0 55702 0 481310 0 0 0 JANELLE HOLMBOE EXEC VP OF CONSTITUENT ENGAGEMENT 272658 0 0 0 0 0 13490 0 28872 0 315020 0 0 0 FLAVIUS LILLY PROVOST 283895 0 0 0 0 0 14305 0 10251 0 308451 0 0 0 DAVE SEARS VP INSTITUTIONAL ADVANCEMENT 238371 0 0 0 0 0 12522 0 29070 0 279963 0 0 0 ERIC SIMON VP ADMIN & FINANCE 254427 0 0 0 0 0 13038 0 10611 0 278076 0 0 0 VICKIE MAZER DEAN OF GRADUATE & PROF STUDIES 190219 0 0 0 0 0 9557 0 10159 0 209935 0 0 0 CHRISTINE MORAN AVP STUDENT SUCCESS 161627 0 0 0 0 0 8394 0 28452 0 198473 0 0 0 LAWRENCE JUNKIN SENIOR AVP OF IA 176755 0 0 0 0 0 9082 0 8302 0 194139 0 0 0 MATTHEW RAMSEY GRAD. CHAIR & HUMAN SVCS COORD. 174118 0 0 0 0 0 8650 0 10161 0 192929 0 0 0 HEATHER GABLE ASSOC. PROFESSOR/NURSING PROGRAM DIR 157466 0 0 0 0 0 8195 0 25169 0 190830 0 0 0 CAROLYN HOJNOWSKI AVP OF DEVELOPMENT 148033 0 0 0 0 0 7925 0 23244 0 179202 0 0 0 JULIE FISHER AVP OF FINANCE 130364 0 0 0 0 0 7057 0 23636 0 161057 0 0 0 PART I, LINE 1A PRESIDENT JULIANNE JASKEN IS REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF HER EMPLOYMENT. THE HOUSING IS PROVIDED FOR THE CONVENIENCE OF THE EMPLOYER AND THE LODGING IS FURNISHED ON THE COLLEGE CAMPUS. THE VALUE OF THE HOUSING ALLOWANCE WAS $24,000. THIS AMOUNT HAS NOT BEEN INCLUDED IN THE EMPLOYEE TAXABLE COMPENSATION. THE ABOVE HOUSING ALLOWANCE IS PART OF THE EMPLOYEE'S EMPLOYMENT CONTRACT AND IS THUS NOT SUBJECT TO SUBSTANTIATION REQUIREMENTS. PART I, LINE 4B THE PRESIDENT, JULIANNE JASKEN, VP OF ADMINISTRATION AND FINANCE, ERIC SIMON, AND PROVOST, FLAVIUS LILLY ARE PARTICIPANTS IN A NON-QUALIFIED PLAN. THEY CONTRIBUTED $30,499.82, $2,600, AND $22,490, RESPECTIVELY, TO THE PLAN DURING THE FISCAL YEAR. A CITY OF WESTMINSTER MD 526000811 960733BV4 2016-10-27 38410000 REFINANCE OR REFUND SERIES 2000 AND SERIES 2006 BONDS 0 0 0 A 12850000 43507194 357629 43149565 2016 1 0 1 1 A 0 0 1 1 0 0.01500 0.00000 0.01500 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CITY OF WESTMINSTER, MD DATE THE REBATE COMPUTATION WAS PERFORMED: 02/22/2022 SCHEDULE K, PART I, COLUMN (E) AND PART II, LINE 3: THE PROCEEDS AS LISTED ON PART II, LINE 3, VARIES FROM THE FACE VALUE OF THE BOND ISSUE AS REPORTED ON PART I, COLUMN (E) DUE TO BOND PREMIUM. 25000 TUITION ASSISTANCE TUITION REMISSION BENEFIT X 12 172748 NYSE X 1 25766147 APPRAISAL VALUE X LIFE INSURANCE POLICY - COLLEGE OWNED & BENEFICIARY 1 41665 POLICY PER CASH VALU 0 0 1 0 PART I, COLUMN (B): THE NUMBER LISTED IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS FIRST REVIEWED BY THE CFO AND PRESIDENT. ONCE THEY HAVE APPROVED THE FORM 990, IT IS POSTED TO THE BOARD OF DIRECTORS' PORTAL FOR REVIEW. THE FORM 990 IS PART OF THE FEBRUARY 7, 2026 BOARD MEETING AGENDA. THE FORM 990 IS ACCEPTED AT THIS MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MCDANIEL COLLEGE HAS ALL TRUSTEES, KEY EMPLOYEES, AND OFFICERS COMPLETE AN ANNUAL DISCLOSURE STATEMENT FOR CONFLICTS OF INTEREST. TAXPAYER HAS 100% PARTICIPATION WITH THE COMPLETION OF THE STATEMENT. A LIST IS COMPILED, REVIEWED AND ON FILE WITH THE FINANCE AND PRESIDENT'S OFFICE. CONTRACTS AND VENDORS ARE PERIODICALLY REVIEWED AND BIDS ARE OBTAINED AND REVIEWED WITH CONFLICT OF INTEREST AWARENESS. ANY BOARD MEMBER WHO HAS A POSSIBLE CONFLICT OF INTEREST DOES NOT VOTE ON ANY MATTER RELATED TO THE POSSIBLE CONFLICT. THE MINUTES WILL REFLECT THAT A DISCLOSURE WAS MADE, THAT THE MEMBER WITH THE POSSIBLE CONFLICT ABSTAINED FROM VOTING, AND THAT THE MEMBER HAS NOT BEEN INCLUDED IN THE QUORUM. FAMILY AND BUSINESS RELATIONSHIPS ARE EXPRESSLY MENTIONED AS SOURCES OF POTENTIAL CONFLICTS IN THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT (CEO) AND PRESIDENT'S COUNCIL (VPS/PROVOST) COMPENSATION PACKAGES ARE REVIEWED ANNUALLY BY AN EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD. A COMPARISON OF COMPENSATION IS MADE TO THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION'S (CUPA) ADMINISTRATIVE COMPENSATION SURVEY TO ENSURE THE PRESIDENT'S COMPENSATION PACKAGE IS WITHIN FAIR MARKET VALUE FOR THE INDUSTRY. PERFORMANCE EVALUATIONS ARE ALSO REVIEWED. A RECOMMENDATION IS MADE TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR APPROVAL OF COMPENSATION PACKAGES. OTHER OFFICERS AND KEY EMPLOYEES ARE REVIEWED BY THE PRESIDENT'S COUNCIL AND COMPARISONS ARE MADE TO OTHER COLLEGES' COMPARABLE POSITIONS USING CUPA'S ANNUAL SURVEY DATA. LOCAL MARKETS ARE ALSO SURVEYED PERIODICALLY. BOARD LEVEL DISCUSSIONS ON EXECUTIVE COMPENSATION ARE RECORDED IN BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST AT THE FOLLOWING OFFICES: FINANCIAL SERVICES, PRESIDENT'S, OR DEVELOPMENT. CONFLICT OF INTEREST STATEMENTS ARE AVAILABLE AT THE FINANCIAL SERVICES OFFICE BY REQUEST, FORM 990 IS AVAILABLE BY REQUEST TO THE FINANCIAL SERVICES OFFICE OR CAN BE OBTAINED ONLINE AT GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: ADJUSTMENT OF ACTUARIAL LIABILITY ANNUITIES PAYABLE -21,250. ROUNDING -4,464. 23656 COLTON POINT ROAD LLC 2 COLLEGE HILL WESTMINSTER MD 21157 471122967 REAL ESTATE HOLDING MD 0 0 MCDANIEL COLLEGE INC WMC DEVELOPMENT CORPORATION 2 COLLEGE HILL WESTMINSTER MD 21157 521434968 REAL ESTATE LAND LESSOR MD MCDANIEL COLLEGE C 67241 4610635 1.00000 1 WMC DEVELOPMENT LAND HOLDING CORPORATION 2 COLLEGE HILL WESTMINSTER MD 21157 320236158 LAND HOLDING COMPANY MD WMC DEVELOPMENT CORPORATION C 34851 462810 1.00000 1 CHARITABLE REMAINDER TRUST (4) INVESTMENT TRUST MD N/A T 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 WMC DEVELOPMENT CORPORATION A 323087 COST