2026-05-15T13:08:35-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 121 SOUTH TEJON STREET SUITE 1100 COLORADO SPRINGS CO 80903 990 2024-07-01 540573801 MARYMOUNT UNIVERSITY MARY 7035266941 2807 NORTH GLEBE ROAD ARLINGTON VA 22207 JIM ADKINS VP FOR FINANCE AND OPERATIONS 7035266941 2026-05-15 1 1 SARAH HINTZ P00492291 5715793002 2026-05-15 2024 2025-03-06 01:10:19Z IRMA BECERRA 2807 NORTH GLEBE ROAD ARLINGTON VA 22207 136709214 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. 29 28 1488 27 4261417 911987 9451116 6190343 110350074 118865856 1814034 1684502 5844521 7844001 127459745 134584702 31369353 35210644 0 0 49637116 55301377 0 0 882878 53649520 47777984 134655989 138290005 -7196244 -3705303 258014016 254769178 170048009 169400083 87966007 85369095 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 54081154 0 100009856 THE UNIVERSITY OFFERS A WIDE RANGE OF GRADUATE AND UNDERGRADUATE DEGREE PROGRAMS. EXPENSES INDCLUDE SALARIES AND BENEFITS FOR ALL FACULTY AND STAFF. 35210644 35210644 0 SCHOLARSHIP ALLOWANCES - PROVIDE OPPORTUNITIES FOR THOSE WHO WOULD NOT BE ABLE TO COMPLETE THEIR COLLEGE EDUCATION WITHOUT FINANCIAL ASSISTANCE. 12462696 0 18856000 AUXILIARY SERVICES - PROVIDES HOUSING, FOOD AND HEALTH SERVICES TO RESIDENTIAL STUDENTS. 101754494 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 0 1 1 0 1 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 1 124 0 1 1488 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X MUTALE SOKONI AVP FOR FINANCE 7032841496 2807 N GLEBE RD ARLINGTON VA 222074224 DR IRMA BECERRA-FERNANDEZ PRESIDENT 40.00 X X 514083 0 95983 PETER CONVERSE CHAIR 1.00 X 0 0 0 MARLEN MALEK VICE CHAIR (TO MAY 2025) 1.00 X 0 0 0 COURTNEY SPAETH VICE CHAIR (FROM MAY 2025) 1.00 X 0 0 0 CARMELITA TREACY SECRETARY (TO JAN 2025) 1.00 X 0 0 0 GREG BARONI BOARD MEMBER 1.00 X 0 0 0 STEVE CARUTHERS BOARD MEMBER 1.00 X 0 0 0 KATHLEEN CONNELL RSHM 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 DIAZ BOARD MEMBER 1.00 X 0 0 0 JAMES DYKE 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 ALEXANDRA KESSLER BOARD MEMBER 1.00 X 0 0 0 LEXY KESSLER BOARD MEMBER 1.00 X 0 0 0 SAM KHASHMAN 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 CATHERINE PATTEN RSHM 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 JOHN SHOOSHAN BOARD MEMBER 1.00 X 0 0 0 J ANDREW STEELE 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 SR VP (UNTIL DEC 2024) 40.00 X 335019 0 46652 BARRY HARTE VP AND TREASURER (UNTIL FEB 2025) 40.00 X 309837 0 40634 DENNIS SLON VP OF ADVANCEMENT 40.00 X 284755 0 34144 JILL MCCABE VP OF ATHLETICS AND STUDENT LIFE 40.00 X 161177 0 24886 JUSTIN A PERILLO UNIV. GEN COUNSEL (UNTIL JAN 2025) 40.00 X 244735 0 26542 PAMELA SLAVEN LEE VP OF ACADEMIC AFFAIRS AND PROVOST 40.00 X 292291 0 12018 LUTHER GRIFFITH INTERIM CFO (FROM FEB 2025) 40.00 X 0 0 0 ISIS CARBAJAL DE GARCIA INT. GENERAL COUNSEL (FROM JAN 2025) 40.00 X 0 0 0 ANN MAGRO DEAN, COLLEGE OF BUSINESS 40.00 X 172525 0 6683 JENNIFER LULING AVP, HUMAN RESOURCES 40.00 X 213852 0 30618 DIANE R MURPHY DIRECTOR, INNOVATIVE WORKFORCE 40.00 X 200362 0 15762 CARL WHITMAN VP AND CIO 40.00 X 213801 0 16587 EVAN E LIPP VP OF ENROLLMENT MANAGEMENT 40.00 X 242639 0 26271 3185076 0 376780 110 0 1 0 KEYPATH EDUCATION LLC 1933 MEACHAM RD SCHAUMBURG IL 60173 ONLINE PROGRAM MANAGEMENT 6216267 WORKDAY INC PO BOX 396106 SAN FRANCISCO CA 941396106 ENTERPRISE CLOUD CONSULTING 1600669 TK ELEVATOR CORPORATION 3100 INTERSTATE NORTH CIRCLE SE SU ATLANTA GA 30339 REPAIR AND MAINTENANCE 941674 SYSCO VIRGINIA LLC 5081 SOUTH VALLEY PIKE PO BOX 20 HARRISONBURG VA 22801 DISTRIBUTION OF FOOD PRODUCT 807035 RUFFALO NOEL LEVITZ PO BOX 715 DES MOINES IA 503030718 STUDENT SEARCH FOR ENROLLMENT 734756 64 4022715 2167628 122364 6190343 TUITION 900099 99814852 99814852 AUXILIARY SERVICE 900099 18856000 18856000 FEES 900099 195004 195004 118865856 2699980 2699980 3582584 0 3582584 3582584 3582584 1109034 2124512 -1015478 -1015478 -1015478 EARLY LEARNING ACADEMY INCOME 900099 1877065 1877065 BOOKSTORE 900099 1118436 1118436 CAMP INCOME 900099 728973 728973 536943 536943 4261417 134584702 118865856 4261417 5267086 35210644 35210644 2390125 2055507 310717 23901 43655844 37544025 5675260 436559 2313341 1989474 300734 23133 3732360 3209830 485206 37324 3209707 2760348 417262 32097 1684385 1227410 455087 1888 73520 73520 247456 247456 54465 54465 2727375 1143983 1459552 123840 1014646 600580 413566 500 1725315 1414694 290559 20062 905060 708250 196810 11790368 6641637 5148731 513935 523039 -23279 14175 781977 615172 34812 131993 7817169 7817169 8381363 8381363 2951544 1102781 1843239 5524 MEMBERSHIP DUES 3071372 1932909 1111211 27252 AUXILIARY SERVICES 2474578 2702695 -228419 302 BOOKS AND SUBSCRIPTIONS 199847 28410 167109 4328 1363609 343106 1020503 138290005 101754494 35652633 882878 17303086 26363465 9802330 8449841 20218950 17408123 465331 451971 643239 773004 310492471 142583573 176939976 167908898 14815256 15271533 17604956 18142343 220892 0 258014016 254769178 10519625 19144682 4564887 6026813 115819273 112770704 33482215 27450727 5662009 4007157 170048009 169400083 X 28803575 21376830 59162432 63992265 87966007 85369095 258014016 254769178 -3705303 1108391 0 X 0 1 X 1 1 1 X 4843396 10012267 13021514 9451116 6190343 43518636 4843396 10012267 13021514 9451116 6190343 43518636 7027996 36490640 947224 1357029 1377726 3787438 6282564 13751981 81683 444485 1001201 2985940 911987 5425296 62695913 549581189 0.58200 0.65750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 248090 0 32420212 620249 2119670 1471921 33688210 31977707 849373 3059535 3466403 32420212 49328676 150224 -1051193 16450000 31977707 58426313 414750 -7251539 2243079 17769 49328676 47701014 355870 12456883 2090352 -2898 58426313 0.09830 0.38810 0.51360 1 0 7405598 7405598 219659599 77695472 141964127 40031387 38624789 1406598 43395887 26263312 17132575 167908898 ALTERNATIVE (REAL ESTATE) 1956059 F FIXED INCOME 6703125 F FUNDS HELD IN TRUST BY OTHERS 9483159 F 18142343 LEASE LIABILITY 3476648 U.S. GOVERNMENT GRANTS REFUNDABLE 530509 4007157 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 THE ORGANIZATION RECEIVED FEDERAL AND STATE GRANTS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT HOLDINGS 681634 0 0 0 0 0 0 681634 0 681634 0 0 0 0 1 0 1 STUDENT AID, GRANTS AND OTHER ASSISTANCE 5979 35210644 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 X 0 1 0 0 0 0 0 1 0 DR IRMA BECERRA-FERNANDEZ PRESIDENT 514083 0 0 0 0 0 87797 0 8186 0 610066 0 0 0 DR HESHAM EL-REWINI PROVOST AND SR VP (UNTIL DEC 2024) 335019 0 0 0 0 0 27053 0 19599 0 381671 0 0 0 BARRY HARTE VP AND TREASURER (UNTIL FEB 2025) 309837 0 0 0 0 0 25861 0 14773 0 350471 0 0 0 DENNIS SLON VP OF ADVANCEMENT 240989 0 43766 0 0 0 19656 0 14488 0 318899 0 0 0 PAMELA SLAVEN LEE VP OF ACADEMIC AFFAIRS AND PROVOST 292291 0 0 0 0 0 11715 0 303 0 304309 0 0 0 JUSTIN A PERILLO UNIV. GEN COUNSEL (UNTIL JAN 2025) 244735 0 0 0 0 0 19920 0 6622 0 271277 0 0 0 EVAN E LIPP VP OF ENROLLMENT MANAGEMENT 242639 0 0 0 0 0 19752 0 6519 0 268910 0 0 0 JENNIFER LULING AVP, HUMAN RESOURCES 213852 0 0 0 0 0 14700 0 15918 0 244470 0 0 0 CARL WHITMAN VP AND CIO 213801 0 0 0 0 0 16353 0 234 0 230388 0 0 0 DIANE R MURPHY DIRECTOR, INNOVATIVE WORKFORCE 200362 0 0 0 0 0 15550 0 212 0 216124 0 0 0 JILL MCCABE VP OF ATHLETICS AND STUDENT LIFE 145177 0 16000 0 0 0 12443 0 12443 0 186063 0 0 0 ANN MAGRO DEAN, COLLEGE OF BUSINESS 172525 0 0 0 0 0 6581 0 102 0 179208 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, 2025. 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 2024 KEY EMPLOYEE: IRMA BECERRA-FERNANDEZ; $57,817 PART I, LINE 7 VICE PRESIDENTS ARE ELIGIBLE FOR UP TO A 10% BONUS, APPROVED BY THE BOARD OF TRUSTEES. 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 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 X 5 115721 AVERAGE SALE PRICE X MISCELLANEOUS 8 6643 DONOR VALUE 0 0 0 0 PART I, COLUMN (B): COLUMN B REPRESENTS NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1A PER THE BYLAWS, THE EXECUTIVE AND GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES SHALL CONSIST OF THE CHAIR OF THE BOARD, THE VICE CHAIR OF THE BOARD, THE PRESIDENT, THE CHAIRS OF EACH COMMITTEE OF THE BOARD, AND SUBJECT TO THE APPROVAL OF THE BOARD, ONE TRUSTEE APPOINTED BY THE CHAIR OF THE BOARD THAT IS A MEMBER OF THE RELIGIOUS OF THE SACRED HEART OF MARY. SUBJECT TO THE APPROVAL OF THE BOARD, THE CHAIR MAY APPOINT ADDITIONAL TRUSTEES TO THE EXECUTIVE AND GOVERNANCE COMMITTEE. THE CHAIR OF THE BOARD SHALL SERVE AS THE CHAIR OF THE EXECUTIVE AND GOVERNANCE COMMITTEE. WHEN THE BOARD OF TRUSTEES IS NOT IN SESSION, THE EXECUTIVE AND GOVERNANCE COMMITTEE SHALL HAVE AND EXERCISE ALL OF THE POWERS AND AUTHORITY OF THE TRUSTEES, EXCEPT WITH RESPECT TO (I) AMENDING, ALTERING, OR REPEALING ANY OF THE BYLAWS; (II) ELECTING, APPOINTING, OR REMOVING ANY MEMBER OF THE EXECUTIVE AND GOVERNANCE COMMITTEE OR ANY TRUSTEE; (III) AMENDING THE UNIVERSITY'S ARTICLES OF INCORPORATION; (IV) APPROVING OR ADOPTING A PLAN OF MERGER OR CONSOLIDATION; (V) AUTHORIZING THE SALE, LEASE, EXCHANGE, MORTGAGE, OR TRANSFER OF ANY INTEREST IN LAND OR ALL OR SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE UNIVERSITY; (VI) AUTHORIZING THE VOLUNTARY DISSOLUTION OF THE UNIVERSITY OR REVOKING AUTHORIZATION OR PROCEEDINGS THEREFORE; (VII) ADOPTING A PLAN FOR THE DISTRIBUTION OF THE ASSETS OF THE UNIVERSITY; OR (VIII) APPROVING AN ANNUAL BUDGET FOR THE UNIVERSITY AS A WHOLE. 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 2023. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES IT GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY TO THE PUBLIC UPON REQUEST EITHER AS WRITTEN DOCUMENTS OR BY INSPECTION AT THE BUSINESS OFFICE OF THE UNIVERSITY. THE UNIVERSITY FINANCIAL STATEMENT IS POSTED ON THE ELECTRONIC MUNICIPAL MARKET ACCESS- EMMA. 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