2026-04-13T11:49:32-05:00 2025-05-31 PwC US Tax LLP 101 SEAPORT BLVD SUITE 500 BOSTON MA 02210 990 2024-06-01 951643334 LOYOLA MARYMOUNT UNIVERSITY % AIMEE UEN LOYO 3103382714 1-LMU DRIVE U-HALL LOS ANGELES CA 90045 AIMEE UEN SVP/CFO 3103382738 2026-04-10 true true TRAVIS L PATTON P00369623 6175305000 2026-04-07 2024 2025-03-06 01:10:19Z MR TIMOTHY LAW SNYDER PRES 1-LMU DRIVE U-HALL 4900 LOS ANGELES CA 90045 848805082 false X WWW.LMU.EDU X 1918 CA SEE SCHEDULE O 35 35 7624 1 4113993 915607 47152868 77035511 626302218 667103227 24836320 35138762 -659966 -531845 697631440 778745655 163767813 172980508 0 0 308749434 331061713 0 0 15006699 187676907 202921611 660194154 706963832 37437286 71781823 1807395190 1915840992 348897396 343759825 1458497794 1572081167 X SEE SCHEDULE O false false 589052191 172980508 667096892 LOYOLA MARYMOUNT UNIVERSITY IS AN INDEPENDENT, COEDUCATIONAL UNIVERSITY. IN FISCAL YEAR 2025, LMU PROVIDED INSTRUCTION, RESEARCH, STUDENT SERVICES, AND ACADEMIC SUPPORT FOR 10,179 FULL-TIME EQUIVALENT STUDENTS. OF THESE STUDENTS, 7,273 WERE UNDERGRADUATES, 1,828 WERE IN VARIOUS GRADUATE PROGRAMS, AND 1,078 WERE ENROLLED AT LOYOLA LAW SCHOOL. FULL TIME FACULTY EMPLOYED WAS 677, PART-TIME WAS 579, FOR A TOTAL FACULTY OF 1,256. 589052191 true true false true false false false true true true true true false false true false true false true true true true true false true false false true true true true false false false false false true false false true false true true false false false true true false false false true X 1075 0 true 7624 true true true false false false false true true true 1 false false false true false X 35 35 false false true false false false false true true false false true true true true true true true true false CA X X AIMEE UEN 3103381902 1 LMU DR U-HALL 4900 LOS ANGELES CA 900452659 X STANTON B JOHNSON III MEN'S BASKETBALL COACH 40.0 0.0 X 1219775 0 75790 TIMOTHY LAW SNYDER PRES./TRUSTEE (UNTIL 5/30/25) 40.0 0.0 X X 973220 0 263906 CRAIG PINTENS ATHLETICS DIRECTOR 40.0 0.0 X 537350 0 162435 PETER WILCH SVP UNIV ADV 40.0 0.0 X 537778 0 151963 THOMAS POON EVP/PROVOST 40.0 0.0 X 586916 0 88223 DAYLE M SMITH DEAN, COLLEGE OF BUS. ADMIN 40.0 0.0 X 535243 0 71527 ROSEMARIE RAE EVP/COO 40.0 0.0 X 490250 0 39186 TAMARA ARMSTRONG INFORMATION TECH AND CIO 40.0 0.0 X 431919 0 68496 JOHN KIRALLA SVP MARCOMM 40.0 0.0 X 423863 0 71771 Brietta Clark DEAN, LLS 40.0 0.0 X 435750 0 51220 TINA CHOE DEAN, COLLEGE OF SCIENCE & ENG 40.0 0.0 X 425057 0 36932 LORETTA MARTINEZ SVP AND GENERAL COUNSEL 40.0 0.0 X 365120 0 96832 AIMEE UEN SVP & CFO 40.0 0.0 X 386924 0 48254 Nancy Pluzdrak VP Human Resources 40.0 0.0 X 355120 0 52634 MAUREEN P WEATHERALL VP OF ENROLLMENT MANAGEMENT 40.0 0.0 X 332933 0 68349 KAWANNA LEGGETT SVP STUDENT AFFAIRS 40.0 0.0 X 368634 0 18365 MICHAEL WONG VP CAMPUS OPERATIONS 40.0 0.0 X 238527 0 61291 GAIL K BERNSTEIN TRUSTEE 1.0 0.0 X 0 0 0 ALEX MARTIN CHAVES TRUSTEE 1.0 0.0 X 0 0 0 SCOTT COBLE SJ TRUSTEE 1.0 0.0 X 0 0 0 MARY GENINO RSHM TRUSTEE 1.0 0.0 X 0 0 0 D SCOTT HENDRICKSON SJ TRUSTEE 1.0 0.0 X 0 0 0 MARYANNE HUEPPER CSJ TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL J MANDELBAUM TRUSTEE 1.0 0.0 X 0 0 0 STEPHEN M MOSKO TRUSTEE 1.0 0.0 X 0 0 0 JULIE TEEL TRUSTEE 1.0 0.0 X 0 0 0 PAUL S VIVIANO BOARD CHAIR 1.0 0.0 X X 0 0 0 MICHELLE X DEAN TRUSTEE 1.0 0.0 X 0 0 0 BRIAN S KABATECK TRUSTEE 1.0 0.0 X 0 0 0 STEPHEN A PRIVETT SJ TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL M RUE TRUSTEE 1.0 0.0 X 0 0 0 JAMES S WHITEHEAD TRUSTEE 1.0 0.0 X 0 0 0 EDWARD J SIEBERT SJ TRUSTEE/SECRETARY 1.0 0.0 X X 0 0 0 HELEN LAWRENCE TRUSTEE 1.0 0.0 X 0 0 0 GEORGE CFATHEREE III TRUSTEE 1.0 0.0 X 0 0 0 MARY BETH INGHAM CSJ TRUSTEE 1.0 0.0 X 0 0 0 Mary Ann Walker Aguirre TRUSTEE 1.0 0.0 X 0 0 0 Aaron E Banks MD TRUSTEE 1.0 0.0 X 0 0 0 Thomas Patrick Beck TRUSTEE 1.0 0.0 X 0 0 0 THOMAS M MCGEE TRUSTEE 1.0 0.0 X 0 0 0 SUSAN F MOLEY TRUSTEE 1.0 0.0 X 0 0 0 TRAVIS D RUSSEL SJ TRUSTEE 1.0 0.0 X 0 0 0 GILBERT SUNGHERA SJ TRUSTEE 1.0 0.0 X 0 0 0 BRIANA J ZELAYA TRUSTEE 1.0 0.0 X 0 0 0 DOMINIC H CHAI SJ TRUSTEE (Term 12/2024) 1.0 0.0 X 0 0 0 KATHLEEN M DUNCAN TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL J GAVINA TRSUTEE 1.0 0.0 X 0 0 0 MICHAEL A LAWSON TRUSTEE 1.0 0.0 X 0 0 0 KATHRYN E NIELSEN TRUSTEE 1.0 0.0 X 0 0 0 GINNI DREIER TRUSTEE 1.0 0.0 X 0 0 0 ROBERT C KLAUSNER TRUSTEE 1.0 0.0 X 0 0 0 AGBONKHIANMEGHE E OROBATOR SJ TRUSTEE 1.0 0.0 X 0 0 0 J MARTIN WILLHITE TRUSTEE 1.0 0.0 X 0 0 0 STUART A LINER JD TRUSTEE (TERM 6/2024) 1.0 0.0 X 0 0 0 8644379 0 1427174 722 false true false RPM Construction Management Inc 2785 Pacific Coast Hwy 806 TORRANCE CA 90505 Construction 6760426 WE O'Neil Construction 1245 W Washington Blvd CHICAGO IL 60607 Construction 6532885 MTI Builders Inc 25060 Ave Stanford 120 VALENCIA CA 91355 Construction 2287169 TEK Systems 7437 Race Road HANOVER MD 21076 IT & CONSULTING 2080921 Skidmore Owings Merrill LLP 333 S Grand Ave LOS ANGELES CA 90071 Architecture 2046790 107 6335 13456033 63573143 2213962 77035511 TUITION AND FEES 900099 587295908 587295908 AUXILIARY 900099 66483993 62585102 3898891 STUDY ABROAD FEES 611710 2576055 2576055 CONSULTING 541611 1206376 1206376 SUMMER CAMP 900099 933514 933514 8607381 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RESTRICTED true true false false false false true 96947 false false 96947 false 0 LOBBYING ACTIVITIES The University's lobbying efforts include, through use of paid staff and volunteers, activities that advocate on behalf of indigent individuals on issues relevant to the topic areas covered by the law school's clinic and practicum courses, primarily at the state and local level. X X X false false true 720021846 30899767 64404736 12798031 18416678 1155000 782956640 651894883 20998855 77510041 12019860 17297073 1065000 720021846 637302709 38525600 4573898 11215551 16159773 1132000 651894883 623507709 14955000 25406000 10329729 15436271 800000 637302709 477020531 14471253 156883795 9769212 14598658 500000 623507709 0.47200 0.35200 0.17700 false false 32390728 45724842 78115570 31754770 652602746 222980114 461377402 53558299 38505666 15052633 95007839 63765144 31242696 320144881 161928255 158216626 744004927 COMMINGLED FUNDS 268497637 F ALTERNATIVE INVESTMENT FUNDS 440898820 F REAL ESTATE AND OTHER 3060600 F 712457057 0 US GOVERNMENT GRANTS REFUNDABL 2532971 ASSETS HELD FOR OTHERS 1093728 TAXABLE BONDS 56258739 LEASE LIABILITY 13093252 72978690 645624250 41282624 -172363439 -131080815 776705065 2086682 -46092 2040590 778745655 532040877 532040877 2559516 172363439 174922955 706963832 FORM 990, SCHEDULE D, PART III, LINE 1A THE UNIVERSITY HAS ADOPTED SFAS NO. 116 - DISCLOSURE REQUIREMENTS. ASSETS DETERMINED TO BE A COLLECTION OR WORKS OF ART MAY NOT BE INCLUDED IN REVENUES OR GAINS IF THEY ARE NOT CAPITALIZED. THE CAPITALIZATION OF COLLECTIONS IS OPTIONAL. FORM 990, SCHEDULE D, PART III, LINE 4 THE UNIVERSITY MAINTAINS A NUMBER OF ART COLLECTIONS WHICH ARE DESCRIBED IN GREAT DETAIL ON THE UNIVERSITY'S WEBSITE: HTTP://LIBRARY.LMU.EDU/ARCHIVESANDSPECIALCOLLECTIONS/. ART AND COLLECTIONS ARE AVAILABLE FOR PUBLIC EXHIBITION AND ARE PRIMARILY USED FOR EDUCATIONAL PURPOSES. FORM 990, SCHEDULE D, PART IV, LINE 2B THE UNIVERSITY SERVES AS TRUSTEE FOR ONE CHARITABLE REMAINDER TRUST AND MAINTAINS THE ASSETS AND CORRESPONDING RESERVE LIABILITIES ON THE BALANCE SHEET. SIMILARLY, THE UNIVERSITY HAS A NUMBER OF ANNUITIES WHERE THE ASSETS AND CORRESPONDING RESERVE LIABILITIES ARE ON THE BALANCE SHEET. FORM 990, SCHEDULE D, PART V, LINE 4 THE OVERALL PURPOSE OF THE ENDOWMENT FUND IS TO PROVIDE A RELATIVELY PREDICTABLE, STABLE, AND CONSISTENT RETURN SUFFICIENT TO MEET A PORTION OF THE SPENDING NEEDS OF THE UNIVERSITY. THE ENDOWMENT FUNDS HAVE BEEN ESTABLISHED TO PROVIDE FUNDING FOR ACTIVITIES THAT SUPPORT THE UNIVERSITY'S EDUCATIONAL MISSION. FORM 990, SCHEDULE D, PART X, LINE 2 THE UNIVERSITY'S FINANCIAL STATEMENTS DO NOT REPORT ANY UNCERTAIN TAX POSITIONS. SCHEDULE D, PART XI, LINE 2D POST RETIREMENT ADJUSTMENT $493,619 SCHOLARSHIP $171,869,820 SCHEDULE D PART XI LINE 4B DIRECT FUNDRAISING EXPENSE $(46,092) SCHEDULE D, PART XII, LINE 4B POST RETIREMENT ADJUSTMENT $493,619 SCHOLARSHIPS $171,869,820 true true false true true true true false false false false false false false false true false true FORM 990, SCHEDULE E, LINE 3 THE NON-DISCRIMINATION POLICY IS ACCESSIBLE VIA THE UNIVERSITY'S WEBSITE AND IS INCLUDED IN UNIVERSITY PUBLICATIONS INCLUDING THE UNIVERSITY BULLETIN, RECRUITMENT MATERIALS, ADVERTISEMENTS (STUDENT, FACULTY, STAFF), AND OTHER RELATED MATERIALS. THE UNIVERSITY COMPLIES WITH THE PUBLICITY REQUIREMENTS OF SECTION 4.03 OF REV. PROC. 75-50 BECAUSE THE UNIVERSITY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE AND WORLDWIDE, FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS, AND INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS IN ITS BROCHURES AND CATALOGUES DEALING WITH STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS. FORM 990, SCHEDULE E, LINE 6A THE UNIVERSITY RECEIVES ASSISTANCE FROM THE FOLLOWING STATE AND FEDERAL AGENCIES: 1. U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES 2. NATIONAL SCIENCE FOUNDATION 3. U.S. DEPARTMENT OF EDUCATION 4. U.S. DEPARTMENT OF AGRICULTURE 5. INSTITUTE OF MUSEUM AND LIBRARY SERVICES 6. U.S. DEPARTMENT OF JUSTICE 7. U.S. DEPARTMENT OF DEFENSE 8. U.S. DEPARTMENT OF VETERANS AFFAIRS 9. NATIONAL ENDOWMENT FOR THE HUMANITIES true Central America and the Caribbean 0 20 Program Services STUDY ABROAD 25061 East Asia and the Pacific 0 65 Program Services STUDY ABROAD 196500 Europe (Including Iceland and Greenland) 0 126 Program Services STUDY ABROAD 948055 North America 0 28 Program Services STUDY ABROAD 50366 South Asia 0 3 Program Services STUDY ABROAD 82501 Sub-Saharan Africa 0 15 Program Services STUDY ABROAD 112090 Central America and the Caribbean 0 0 Investments 182890042 Europe (Including Iceland and Greenland) 0 0 Investments 9343641 0 257 0 257 193648256 193648256 SCHOLARSHIP FOR TUITION Europe (Including Iceland and Greenland) 145 473845 CR STUDENT A FMV SCHOLARSHIP FOR TUITION East Asia and the Pacific 19 68019 CR STUDENT A FMV SCHOLARSHIP FOR TUITION Middle East and North Africa 1 7001 CR STUDENT A FMV SCHOLARSHIP FOR TUITION Central America and the Caribbean 1 1001 CR STUDENT A FMV true false true true true false WINE CLASSIC 93890 6335 87555 22088 4363 19641 0 93890 6335 87555 22088 4363 19641 46092 41463 true LOS ANGELES AREA CHAMBER OF COMMERCE 350 S BIXEL ST LOS ANGELES CA 90017 950947860 501(C)(6) 104650 FMV NA TABLE SPONSORSHIP BUILD A MIRACLE 10755 SCRIPPS POWAY PKWY 490 SAN DIEGO CA 92131 330971124 501(c)(3) 9900 FMV NA GENERAL SUPPORT BALLONA DISCOVERY PARK PARTNERS PO BOX 5159 PLAYA DEL REY CA 90296 461004730 501(C)(3) 20000 FMV NA SIGN REPLACEMENT ACADEMY FOUNDATION 8949 WILSHIRE BLVD BEVERLY HILLS CA 90211 952243698 501(C)(3) 12000 FMV NA TABLE SPONSORSHIP 3 1 SCHOLARSHIPS/GRANTS 7993 163048656 FMV FORM 990, SCHEDULE I, PART I, LINE 2 THE UNIVERSITY AWARDS GRANTS/SCHOLARSHIPS ACCORDING TO UNIVERSITY POLICY. GRANTS AND SCHOLARSHIPS AWARDED TO STUDENTS ARE MONITORED BY MANAGEMENT. RECONCILIATION BETWEEN FINANCIAL AID AND ACCOUNTING ARE DONE ON A MONTHLY BASIS. FORM 990, SCHEDULE I, PART II THE UNIVERSITY OCCASIONALLY MAKES DONATIONS TO SECTION 501(C)(3) AND OTHER ORGANIZATIONS IN FURTHERANCE OF ITS EDUCATIONAL AND OTHER EXEMPT PURPOSES. FORM 990, SCHEDULE I, PART III SCHOLARSHIPS AND GRANTS ARE CREDITED TO STUDENT ACCOUNTS. X X X X false true X X X false true false false false false false true true true STANTON B JOHNSON III MEN'S BASKETBALL COACH 943925 15000 260850 32775 43015 1295565 0 TIMOTHY LAW SNYDER PRES./TRUSTEE (UNTIL 5/30/25) 878440 0 94780 152775 111131 1237126 62500 CRAIG PINTENS ATHLETICS DIRECTOR 476130 50000 11220 32775 129660 699785 0 PETER WILCH SVP UNIV ADV 442126 0 95652 104775 47188 689741 50000 THOMAS POON EVP/PROVOST 549654 0 37262 32775 55448 675139 0 DAYLE M SMITH DEAN, COLLEGE OF BUS. ADMIN 499799 0 35444 32775 38752 606770 0 ROSEMARIE RAE EVP/COO 477159 0 13091 32775 6411 529436 0 TAMARA ARMSTRONG INFORMATION TECH AND CIO 363981 0 67938 32775 35721 500415 0 JOHN KIRALLA SVP MARCOMM 414632 0 9231 32775 38996 495634 0 Brietta Clark DEAN, LLS 433249 0 2501 32775 18445 486970 0 TINA CHOE DEAN, COLLEGE OF SCIENCE & ENG 401213 0 23844 32775 4157 461989 0 LORETTA MARTINEZ SVP AND GENERAL COUNSEL 278693 0 86427 32155 64677 461952 0 AIMEE UEN SVP & CFO 386072 0 852 32775 15479 435178 0 Nancy Pluzdrak VP Human Resources 301398 0 53722 29596 23038 407754 0 MAUREEN P WEATHERALL VP OF ENROLLMENT MANAGEMENT 316012 0 16921 31477 36872 401282 0 KAWANNA LEGGETT SVP STUDENT AFFAIRS 349890 0 18744 4028 14337 386999 0 MICHAEL WONG VP CAMPUS OPERATIONS 235028 0 3499 23614 37677 299818 0 FORM 990, SCHEDULE J, PART I, LINE 1A AND 1B SOCIAL CLUB DUES TWO OFFICERS AND TWO KEY EMPLOYEES RECEIVED SOCIAL CLUB DUES AND REIMBURSE THE UNIVERSITY FOR ANY PERSONAL USE. PAYMENT OF SOCIAL CLUB DUES FOR BUSINESS USE IS IN ACCORDANCE WITH UNIVERSITY POLICY. BUSINESS USE IS NON-TAXABLE TO THE INDIVIDUALS LISTED ABOVE IN ACCORDANCE WITH THE IRS ACCOUNTABLE PLAN RULES. CHARTER TRAVEL THE UNIVERSITY UTILIZES CHARTER TRAVEL ON OCCASION FOR ATHLETIC TEAMS AND FOR ASSOCIATED ATHLETIC STAFF AS PART OF THEIR OFFICIAL RESPONSIBILITIES. TWO OF THE TOP 5 HIGHEST COMPENSATED EMPLOYEES AND ONE KEY EMPLOYEE UTILIZED SUCH CHARTER TRAVEL DURING CALENDAR YEAR 2024. THE VALUE OF SUCH TRAVEL WASNOT TREATED AS TAXABLE INCOME. TRAVEL FOR COMPANIONS THE UNIVERSITY PROVIDED TRAVEL REIMBURSEMENT FOR ONE OFFICER'S SPOUSE RELATED TO UNIVERSITY BUSINESS. THE BOARD OF TRUSTEES HAS APPROVED SPOUSAL TRAVEL FOR CERTAIN FUNDRAISING EVENTS IN WHICH THE SPOUSE IS ACTING AS AN AGENT FOR THE UNIVERSITY DURING THESE EVENTS. THESE REIMBURSEMENTS WERE NON-TAXABLE IN ACCORDANCE WITH THE IRS ACCOUNTABLE PLAN RULES. THE UNIVERSITY ALSO PROVIDED COMPANION TRAVEL IN CONNECTION WITH CHARTER TRAVEL FOR ATHLETIC TEAMS. TWO OF THE TOP 5 HIGHEST COMPENSATED EMPLOYEES AND ONE KEY EMPLOYEE UTILIZED COMPANION TRAVEL DURING CALENDAR YEAR 2024. THE VALUE OF SUCH TRAVEL WAS NOT TREATED AS TAXABLE INCOME. RESIDENCE FOR PERSONAL USE HOUSING IS PROVIDED TO THE CURRENT PRESIDENT IN PROXIMITY TO THE UNIVERSITY CAMPUS. THE VALUE OF HOUSING IS NOT REPORTED ON FORM W-2 AS TAXABLE INCOME AS THE PRESIDENT IS REQUIRED TO ACCEPT SUCH LODGING AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE UNIVERSITY. THE RENTAL VALUE OF THE PORTION OF THE PRESIDENT'S HOME THAT IS USED FOR PERSONAL PURPOSES IS INCLUDED AS A NONTAXABLE BENEFIT TO THE PRESIDENT AND IS REPORTED ON SCHEDULE J, PART II, COLUMN (D). HOUSING ALLOWANCE & RELOCATION EXPENSE TEMPORARY AND PERMANENT HOUSING ALLOWANCE AND RELOCATION EXPENSES MAY BE PROVIDED WHEN EXECUTIVES ARE HIRED AND ARE RELOCATING FROM OUTSIDE THE AREA. TEMPORARY AND PERMANENT HOUSING ALLOWANCES WERE PROVIDED DURING THE REPORTING PERIOD. ONE OFFICER, THREE KEY EMPLOYEES AND ONE OF THE TOP 5 HIGHEST COMPENSATED EMPLOYEES RECEIVED A TEMPORARY HOUSING ALLOWANCE. EACH ALLOWANCE IS TAXABLE IN ACCORDANCE WITH THE IRS ACCOUNTABLE PLAN RULES. ONE OF THE TOP 5 HIGHEST COMPENSATED EMPLOYEES RECEIVED A HOUSING ALLOWANCE AND ONE OFFICER RECEIVED RELOCATION EXPENSE. EACH ALLOWANCE IS TAXABLE IN ACCORDANCE WITH THE IRS ACCOUNTABLE PLAN RULES. EXPENSES AND REIMBURSEMENTS FOR THE ABOVE NOTED ITEMS ARE REVIEWED AND APPROVED AS APPROPRIATE BY THE RELEVANT AUTHORITIES. WHILE THE UNIVERSITY DOES NOT HAVE A SEPARATE WRITTEN POLICY REGARDING PAYMENT AND REIMBURSEMENT FOR THOSE EXPENSES, THE UNIVERSITY POLICY FOR ALL REIMBURSEMENTS IS COMPREHENSIVE AND UNUSUAL EXPENSES, IF ANY, OR REIMBURSEMENT REQUESTS, IF ANY, WOULD BE EVALUATED. FORM 990, SCHEDULE J, PART I, LINE 4B STARTING IN 2019 THE PRESIDENT PARTICIPATED IN A DEFERRED COMPENSATION ARRANGEMENT UNDER WHICH AMOUNTS WILL BE DEFERRED ANNUALLY STARTING IN 2020 SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. STARTING IN 2021, AMOUNTS CREDITED UNDER THE ARRANGEMENT VEST INCREMENTALLY AT THE END OF EACH FISCAL YEAR AND BECOME PAYABLE INCREMENTALLY NO LATER THAN 2.5 MONTHS AFTER THE END OF EACH CALENDAR YEAR, WITH THE BALANCE VESTING IN 2025. IN 2024, A PAYMENT OF $62,500 WAS MADE. STARTING IN 2021, THE SENIOR VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT PARTICIPATED IN A DEFERRED COMPENSATION ARRANGEMENT UNDER WHICH AMOUNTS WILL BE DEFERRED ANNUALLY STARTING IN 2022 SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. STARTING IN 2023, AMOUNTS CREDITED UNDER THE ARRANGEMENT VEST INCREMENTALLY AT THE END OF EACH FISCAL YEAR AND BECOME PAYABLE INCREMENTALLY NO LATER THAN 2.5 MONTHS AFTER THE END OF EACH CALENDAR YEAR, WITH THE BALANCE VESTING IN 2027. IN 2024, A PAYMENT OF $50,000 WAS MADE. FORM 990, SCHEDULE J, PART I, LINE 7 IN 2024, CERTAIN INDIVIDUALS WERE GRANTED DISCRETIONARY BONUSES BASED ON THE ACHIEVEMENT OF SPECIFIC PERFORMANCE METRICS AS OUTLINED IN THEIR EMPLOYMENT CONTRACTS. FORM 990, SCHEDULE J, PART I, LINE 8 THE SENIOR VICE PRESIDENT AND GENERAL COUNSEL RECEIVED COMPENSATION SUBJECT TO THE INITIAL CONTRACT EXCEPTION IN 2024. A California Educational Facilities Authority 521705592 130179TA2 2019-09-17 63230762 TO CURRENT REFUND THE 2015 BONDS false false false B California Educational Facilities Authority 521705592 130179RE6 2018-11-07 64451816 TO FINANCE CAPITAL PROJECT COSTS false false false A 18865000 0 63230805 0 0 0 505813 0 0 0 62710000 14992 true false true true B 4990000 0 66105864 0 4000430 0 444863 0 0 61555800 0 104770 2020 false false true true A false true true true false 0.01300 0.00100 0.01400 false false false true B false true true true false 0.00000 0.00000 0.00000 false false false true A false true true false false false 0 false 0 false true B false false false true false false 0 false 0 true true A true B true COLUMN A: PART I(F) PROCEEDS OF THE BONDS FINANCED THE CURRENT REFUNDING OF THE BORROWER'S 2015 BONDS (ISSUED ON JUNE 17,2015) AND 2010A BONDS (ISSUED ON MARCH 30,2010). COLUMN A: PART II, LINE 3 THE TOTAL PROCEEDS SHOWN IN PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE SHOWN IN PART I, (E) DUE TO INTEREST EARNINGS ON INVESTED PROCEEDS. COLUMN A: PART II, LINE 13 THE BONDS WERE ISSUED FOR CURRENT REFUNDING PURPOSES ONLY; THEREFORE, A SUBSTANTIAL DATE OF COMPLETION IS NOT APPLICABLE TO THE BONDS. COLUMN A: PART III, LINE 7 AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. COLUMN A: PART IV, LINE 2(B) THE BONDS HAVE MET THE 6-MONTH SPENDING EXCEPTION TO REBATE. COLUMN B: PART IV, LINE 2(C) THE 5TH YEAR REBATE OPINION WAS PREPARED ON OCTOBER 7, 2024. COLUMN B: PART I(F) TO FINANCE CAPITAL PROJECTS COSTS, TO PAY CAPITALIZED INTEREST, AND TO PAY COSTS OF ISSUANCE. COLUMN B: PART II, LINE 3 THE TOTAL PROCEEDS SHOWN IN PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE SHOWN IN PART I, (E) DUE TO INTEREST EARNINGS ON INVESTED PROCEEDS. COLUMN B: PART III, LINE 7 AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE SECURITY OR PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY OR PAYMENT TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. COLUMN B: PART IV, LINE 2 (C) THE 5TH YEAR REBATE REPORT WAS PREPARED ON NOVEMBER 8, 2023. THOMAS POON OFFICER HOME EQUITY X 200000 60000 false false true NANCY PLUZDRAK KEY EMPLOYEE HOME EQUITY X 250000 225000 false false true 285000 CAROL COSTELLO SPOUSE OF LMU PRESIDENT 219709 WAGES false X 332225 FMV X 33 667533 FMV X 2 1186694 FMV X ATHELTIC EQUIPMENT/OTHER 8 11206 FMV X FOOD 11 16304 FMV 0 false true true SCHEDULE M, PART I, COLUMN B: THE UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTIONS AND NOT THE NUMBER OF ITEMS. SCHEDULE M, PART I, LINE 32B: THE UNIVERSITY MAY UTILIZE EXTERNAL INVESTMENT MANAGERS TO MANAGE AND LIQUIDATE PUBLICLY-TRADED SECURITIES. THE UNIVERSITY MAY ALSO UTILIZE EXTERNAL REAL ESTATE PROFESSIONALS TO LIQUIDATE REAL ESTATE CONTRIBUTIONS. SCHEDULE M, PART I, LINE 33: THE UNIVERSITY HAS ADOPTED SFAS NO. 116 - DISCLOSURE REQUIREMENTS. ASSETS DETERMINED TO BE A COLLECTION OR WORKS OF ART MAY NOT BE INCLUDED IN REVENUES OR GAINS IF THEY ARE NOT CAPITALIZED. THE CAPITALIZATION OF COLLECTIONS IS OPTIONAL. FORM 990, PART I, LINE 1 & PART III, LINE 1 ORGANIZATION'S MISSION LOYOLA MARYMOUNT UNIVERSITY MAINTAINS A THREE-FOLD MISSION: 1)THE ENCOURAGEMENT OF LEARNING, 2) THE EDUCATION OF THE WHOLE PERSON, AND 3)THE SERVICE OF FAITH AND THE PROMOTION OF JUSTICE. FORM 990, PART I, LINE 5 AND PART V, LINE 2A A TOTAL OF 7,624 INDIVIDUALS WERE SENT FORMS W-2 BY THE UNIVERSITY IN CALENDAR YEAR 2024. FORM 990, PART I, LINE 6 THERE ARE A NUMBER OF STUDENTS AND ALUMNI WHO VOLUNTEER THEIR TIME FOR VARIOUS PURPOSES AT THE UNIVERSITY. THESE VOLUNTEERS, HOWEVER, ARE NOT FORMALLY TRACKED BY THE UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF TRUSTEES OF LOYOLA MARYMOUNT UNIVERSITY HAS AN EXECUTIVE COMMITTEE WHICH MAY ACT FOR AND IN PLACE OF THE BOARD OF TRUSTEES BETWEEN EGULAR BOARD MEETINGS AND DURING ANY RECESS. ONLY TRUSTEES CAN BE MEMBERS OF THE EXECUTIVE COMMITTEE. IN NO EVENT SHALL THE EXECUTIVE COMMITTEE CONSIST OF LESS THAN THREE MEMBERS. EACH CATEGORY OF MEMBERSHIP OF THE BOARD (LAY PERSONS, JESUITS AND SISTERS) SHALL HAVE REPRESENTATION ON THE EXECUTIVE COMMITTEE. THE CHAIR OF THE BOARD SHALL CHAIR THE EXECUTIVE COMMITTEE, AND THE PRESIDENT SHALL BE A MEMBER, EX OFFICIO. THE BOARD EXECUTIVE COMMITTEE SHALL HAVE ALL OF THE POWERS OF THE BOARD OF TRUSTEES AND EXERCISE ALL OF ITS DUTIES, EXCEPT: (I) THOSE WHICH REQUIRE BY LAW, THE ARTICLES OF INCORPORATION OR THE BYLAWS CONCURRENCE BY A GREATER NUMBER OF MEMBERS OF THE BOARD THAN REQUIRED FOR BOARD APPROVAL; AND (II) THOSE WHICH MAY, FROM TIME TO TIME, BE SPECIFICALLY WITHHELD FROM THE EXECUTIVE COMMITTEE BY THE BOARD OR THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 4 DURING FISCAL YEAR 2025, THE LMU BOARD OF TRUSTEES APPROVED AMENDMENTS TO THE BYLAWS INTENDED TO CLARIFY GOVERNANCE PROCESSES, UPDATE OFFICER ROLES, AND FORMALIZE CERTAIN CORPORATE AUTHORITIES. FORM 990, PART VI, SECTION A, LINE 11A IN CONJUNCTION WITH PWC US TAX LLP, A FORM 990 IS PREPARED FOR MANAGEMENT REVIEW. THE FORM 990 IS THEN REVIEWED BY THE AUDIT AND RISK COMMITTEE. A COPY OF THE FORM 990 WAS PROVIDED TO THE UNIVERSITY'S GOVERNING BODY BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY FOR ADMINISTRATIVE EMPLOYEES (INCLUDING OFFICERS AND KEY EMPLOYEES) IS COMPLETED BY THOSE INDIVIDUALS WHO ARE NOT ON THE FACULTY WHEN HIRED. IT IS UPDATED ANNUALLY OR AT A TIME OF SIGNIFICANT CHANGE IN INTEREST OCCURRING THEREAFTER BY ALL INDIVIDUALS DESIGNATED BY THE SENIOR VICE PRESIDENT OF A DIVISION OR BY THE PRESIDENT OR THE UNIVERSITY AS A WHOLE. INTERNAL AUDIT ADMINISTERS THE DFISTRIBUTION AND COLLECTION OF THE ANNUAL DISCLOSURES WORKING WITH THE APPROPRIATE SENIOR VICE PRESIDENTS. IN ACCORDANCE WITH THE POLICY, FOR MATTERS DISCLOSED, A WRITTEN DETERMINATION AS TO WHETHER THE MATTER CONSTITUTES A CONFLICT IS MADE BY THE SENIOR VICE PRESIDENT OF THE EMPLOYEE'S DIVISION. THE EMPLOYEE IS INFORMED OF THE DETERMINATION. THE TRUSTEES' CONFLICT OF INTEREST POLICY IS ADMINISTERED BY THE PRESIDENT'S OFFICE ANNUALLY, AND DISCLOSURES ARE REVIEWED BY THE UNIVERSITY'S GENERAL COUNSEL. IF IT IS DETERMINED THAT A CONFLICT EXISTS, THE TRUSTEE DOES NOT VOTE WITH THE BOARD OF TRUSTEES ON MATTERS THAT RELATE TO THAT CONFLICT. A SEPARATE POLICY EXISTS FOR FACULTY MEMBERS WHO DO NOT HAVE BUDGET AUTHORITY (THE FACULTY POLICY). FORM 990, PART VI, SECTION B, LINE 15 AN INDEPENDENT COMPENSATION CONSULTANT COMPLETES A COMPREHENSIVE STUDY OF EXECUTIVE COMPENSATION EVERY OTHER YEAR IN ODD YEARS, AND USES A PREDETERMINED COMPARATOR GROUP OF UNIVERSITIES AND SIMILAR SIZED ORGANIZATIONS TO BENCHMARK LEADERSHIP POSITIONS. WELL RECOGNIZED SALARY SURVEY DATA IS USED. ALL EXECUTIVES ARE EMPLOYED "AT WILL" BUT COMPENSATION AT TIME OF HIRE IS ARTICULATED IN THEIR EMPLOYMENT AGREEMENTS. THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE COMPENSATION FOR THE PRESIDENT AND CFO ANNUALLY. THE MEMBERS OF THE SOCIETY OF JESUS, THE RELIGIOUS OF THE SACRED HEART OF MARY, AND THE SISTERS OF ST. JOSEPH OF ORANGE CONSTITUTE APROXIMATELY 2% OF THE UNIVERSITY'S FULL AND PART-TIME FACULTY AND ADMINISTRATIVE STAFF. DURING THE YEAR ENDED MAY 31, 2025, THE UNIVERSITY PAID THESE RELIGIOUS COMMUNITIES APPROXIMATELY $2,651,000 FOR THEIR SERVICES. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S FINANCIAL STATEMENTS, FORM 990, AND CONFLICT OF INTEREST POLICY ARE ALL AVAILABLE FOR PUBLIC REVIEW ON THE UNIVERSITY'S WEBSITE. THE UNIVERSITY'S GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC REVIEW UPON REQUEST. CHARITABLE REMAINDER TRUSTS (7) FUNDRAISING CA NA TRUST true false false false false false false false false false false false false false false false false false false