MARYMOUNT CALIFORNIA UNIVERSITY: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MARYMOUNT CALIFORNIA UNIVERSITY (EIN 95-2113260)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-02-23
- IRS object ID
- 202420549349301137
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule N
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-02-23T19:29:53-06:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 953001179 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINDES INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 87 | AddressLine1Txt |
| City | LONG BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 952113260 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARYMOUNT CALIFORNIA UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARY | BusinessNameControlTxt |
| Phone | 3105446556 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4809 | AddressLine1Txt |
| City | PALOS VERDES PENINSULA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 902749998 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRIAN MARCOTTE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3105446556 | PhoneNum |
| Signature | 2024-02-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BRIAN | PersonFirstNm |
| Person Last | MARCOTTE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DONITA JOSEPH | PreparerPersonNm |
| PTIN | P00286656 | PTIN |
| Phone | 5624351191 | PhoneNum |
| Preparation | 2024-02-19 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BRIAN MARCOTTE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4809 | AddressLine1Txt |
| City | PALOS VERDES PENINSULA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 902749998 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $85,552,304 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Group Exemption | 0928 | GroupExemptionNum |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MARYMOUNTCALIFORNIA.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1948 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | MARYMOUNT CALIFORNIA UNIVERSITY IS A CATHOLIC INSTITUTION THAT WELCOMES STUDENTS OF ALL FAITHS AND BACKGROUNDS INTO A QUALITY, VALUES-BASED EDUCATION. | ActivityOrMissionDesc |
| Contract Termination | Yes (X) | ContractTerminationInd |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 176 | TotalEmployeeCnt |
| Total Volunteers | 9 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,537,778 | PYContributionsGrantsAmt |
| CY Contributions Grants | $10,388 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $18,573,622 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $439,578 | CYProgramServiceRevenueAmt |
| PY Investment Income | $655,986 | PYInvestmentIncomeAmt |
| CY Investment Income | $38,418,983 | CYInvestmentIncomeAmt |
| PY Other Revenue | $8,442 | PYOtherRevenueAmt |
| CY Other Revenue | $108,588 | CYOtherRevenueAmt |
| PY Total Revenue | $23,775,828 | PYTotalRevenueAmt |
| CY Total Revenue | $38,977,537 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $8,558,639 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $558,210 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $12,945,794 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,596,107 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,588,264 | PYOtherExpensesAmt |
| CY Other Expenses | $5,202,406 | CYOtherExpensesAmt |
| PY Total Expenses | $31,092,697 | PYTotalExpensesAmt |
| CY Total Expenses | $9,356,723 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$7,316,869 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $29,620,814 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $30,642,938 | TotalAssetsBOYAmt |
| Total Assets EOY | $52,856,479 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $6,272,787 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $24,370,151 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $52,856,479 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | MARYMOUNT CALIFORNIA UNIVERSITY IS A CATHOLIC INSTITUTION THAT WELCOMES STUDENTS OF ALL FAITHS AND BACKGROUNDS INTO A QUALITY, VALUES-BASED EDUCATION. WE FOSTER A STUDENT-CENTERED APPROACH TO LEARNING THAT PROMOTES THE DEVELOPMENT OF THE WHOLE PERSON. INSPIRED BY THE RELIGIOUS OF THE SACRED HEART OF MARY, WE CHALLENGE OUR STUDENTS TO PURSUE LIVES OF LEADERSHIP AND SERVICE. MARYMOUNT CALIFORNIA UNIVERSITY EMPOWERS ITS STUDENTS THROUGH AN EDUCATIONAL PROGRAM THAT DEVELOPS PRINCIPLED THINKERS IN THE CATHOLIC LIBERAL ARTS TRADITION. WE PROMOTE AN OPEN AND WELCOMING CAMPUS THAT BUILDS SKILLS FOR LIFELONG LEARNING. WE ASSIST STUDENTS TO REACH THEIR GOALS IN HIGHER EDUCATION. WE STRIVE TO GRADUATE STUDENTS WHO EMBODY THE VIRTUES OF INTEGRITY, RESPECT FOR HUMAN DIGNITY AND COMMITMENT TO JUSTICE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $900,641 | ExpenseAmt |
| Grant | $8,210 | GrantAmt |
| Revenue | $7,570 | RevenueAmt |
| Desc | STUDENT SERVICES - THE OFFICE OF FINANCIAL AID AWARDED TO APPROXIMATELY 20 STUDENTS SCHOLARSHIP AND FINANCIAL ASSISTANCE IN FISCAL YEAR 2022-2023. THESE WERE AWARDED IN THE MONTHS OF JULY AND AUGUST OF 2022. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $721,400 | ExpenseAmt |
| Revenue | $276,199 | RevenueAmt |
| Desc | INSTRUCTION - THE COLLEGE SERVED APPROXIMATELY 80 FULL TIME EQUIVALENT COLLEGE STUDENTS IN FISCAL YEAR 2022-2023. THESE WERE SERVED DURING THE SUMMER TERM OF 2022, WHICH ENDED AUGUST 12, 2022. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $891,388 | ExpenseAmt |
| Revenue | $155,809 | RevenueAmt |
| Desc | AUXILIARY ENTERPRISES (E.G. STUDENT HOUSING, FOOD SERVICE AND TRANSPORTATION) | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $550,000 | ExpenseAmt |
| Grant | $550,000 | GrantAmt |
| Desc | MARYMOUNT EDUCATION FOUNDATION GRANTS | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $550,000 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $550,000 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $3,063,429 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | Yes (1) | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 16 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 176 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRIAN MARCOTTE | PersonNm |
| Phone | 3105446556 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4809 | AddressLine1Txt |
| City | PALOS VERDES PENINSULA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 902749998 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Key EmployeeKeyEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | OfficerOfficerInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| ARIANE SCHAUER | ||||||||
| PROVOST & EXEC VP | 40.00 | Yes (X) | $275,385 | $0 | $30,965 | |||
| ROBYN JONES | ||||||||
| VP OF ENROLLMENT MGMT | 40.00 | Yes (X) | $227,193 | $0 | $17,221 | |||
| RYAN ALCANTARA | ||||||||
| VP OF S.A. & DEAN OF STUDENTS | 40.00 | $202,408 | $0 | $8,170 | Yes (X) | |||
| RICHARD ANDERSON | ||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | $193,000 | $0 | $10,755 | Yes (X) | |||
| BRIAN MARCOTTE | ||||||||
| PRESIDENT | 40.00 | $182,500 | $0 | $0 | Yes (X) | Yes (X) | ||
| KIMBERLY BLUE WADE | ||||||||
| DEPT. CHAIR OF MULTIDISCIPLINARY STUDIES | 40.00 | $177,777 | $0 | $12,948 | Yes (X) | |||
| MICHAEL SEMENOFF | ||||||||
| DIRECTOR OF INSTITUTIONAL RESEARCH | 40.00 | $166,696 | $0 | $30,066 | Yes (X) | |||
| JOHN ALEXANDER | ||||||||
| CHAIR OF NATURAL AND HEALTH SCIENCES | 40.00 | $165,188 | $0 | $22,958 | Yes (X) | |||
| DAVID DRAPER | ||||||||
| CHAIR OF BEHAVIORAL SCIENCE | 40.00 | $161,813 | $0 | $8,703 | Yes (X) | |||
| BRET JOHNSEN | ||||||||
| CHAIR | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| RICK EDLER | ||||||||
| VICE CHAIR | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| SR ANTOINE-MARIE BAURIER | ||||||||
| SECRETARY | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| CAROLINE SAYERS | ||||||||
| CHAIR, ADMISSIONS, RETENTION, S.A | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| DR SUE SOLDOFF | ||||||||
| DEVELOPMENT CHAIR | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| CHRISTOPHER WARMUTH | ||||||||
| AUDIT COMMITTEE CHAIR | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| RANDY BOWERS | ||||||||
| FINANCE COMMITTEE CHAIR | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| FR MARK VILLANO | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| HON JOSE H GOMEZ | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,751,960 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $141,786 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 36 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| TKC MANAGEMENT LLC | |||||
| 4500 CAMERON VALLEY PARKWAY 400 | CHARLOTTE | NC | 28211 | PROPERTY MANAGEMENT | $885,760 |
| ANTHOLOGY INC | |||||
| 5201 CONGRESS AVE 220 | BOCA RATON | FL | 33487 | IT SERVICES | $318,250 |
| ALL 3 IT INC | |||||
| 62 MAXWELL | IRVINE | CA | 92618 | IT SERVICES | $301,178 |
| BON APPETIT MANAGEMENT COMPANY | |||||
| 201 REDWOOD SHORES PARKWAY SUITE | REDWOOD SHORES | CA | 94065 | CAFE FOOD SERVICES | $298,411 |
| WINDES INC | |||||
| 3780 KILROY AIRPORT WAY SUITE 600 | LONG BEACH | CA | 90806 | ACCOUNTING/TAX SERVICES | $130,100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $10,388 | AllOtherContributionsAmt |
| Total Contributions | $10,388 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 900099 | $276,199 | $276,199 |
| AUXILIARY ENTERPRISES | 900099 | $155,809 | $155,809 |
| STUDENT SERVICES | 900099 | $7,570 | $7,570 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $439,578 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,222,721 | TotalRevenueColumnAmt |
| Exclusion | $1,222,721 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,598,815 | SecuritiesAmt |
| Other | $80,172,214 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,275,204 | SecuritiesAmt |
| Other | $42,299,563 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$676,389 | SecuritiesAmt |
| Other | $37,872,651 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $37,196,262 | TotalRevenueColumnAmt |
| Exclusion | $37,196,262 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| RECOVERY OF BAD DEBT EXPENSE | 900099 | $103,483 | $103,483 |
| INSURANCE CLAIM | 900099 | $5,095 | $5,095 |
| RECOVERY OF INDIRECT COSTS | 900099 | $10 | $10 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $108,588 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $38,977,537 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $439,578 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $38,527,571 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $550,000 | TotalAmt |
| Program Services | $550,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,210 | TotalAmt |
| Program Services | $8,210 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $870,056 | TotalAmt |
| Program Services | $161,447 | ProgramServicesAmt |
| Management And General | $708,609 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,010,975 | TotalAmt |
| Program Services | $1,054,750 | ProgramServicesAmt |
| Management And General | $956,225 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,068 | TotalAmt |
| Program Services | $52,650 | ProgramServicesAmt |
| Management And General | $14,418 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $462,536 | TotalAmt |
| Program Services | $296,573 | ProgramServicesAmt |
| Management And General | $165,963 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $185,472 | TotalAmt |
| Program Services | $71,505 | ProgramServicesAmt |
| Management And General | $113,967 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $393,146 | TotalAmt |
| Management And General | $393,146 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,450 | TotalAmt |
| Management And General | $125,450 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,406 | TotalAmt |
| Management And General | $24,406 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $725,983 | TotalAmt |
| Program Services | $393,239 | ProgramServicesAmt |
| Management And General | $332,744 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,141 | TotalAmt |
| Management And General | $2,141 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,163 | TotalAmt |
| Program Services | $10,581 | ProgramServicesAmt |
| Management And General | $44,582 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $358,221 | TotalAmt |
| Program Services | $59,244 | ProgramServicesAmt |
| Management And General | $298,977 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $298,670 | TotalAmt |
| Program Services | $273,996 | ProgramServicesAmt |
| Management And General | $24,674 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $573,202 | TotalAmt |
| Management And General | $573,202 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $511,253 | TotalAmt |
| Management And General | $511,253 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $990,690 | TotalAmt |
| Management And General | $990,690 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| BANK & ADMIN FEES | $943,263 | $15,368 | $927,895 |
| UNIVERSITY SERVICES | $73,010 | $48,359 | $24,651 |
| OTHER EXPENSES | $69,798 | $63,073 | $6,725 |
| EQUIPMENT RENTAL | $58,010 | $4,434 | $53,576 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,356,723 | TotalAmt |
| Program Services | $3,063,429 | ProgramServicesAmt |
| Management And General | $6,293,294 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $201,459 | BOYAmt |
| EOY | $79,013 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $537,435 | BOYAmt |
| EOY | $114,009 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $971,189 | BOYAmt |
| EOY | $438,166 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $238,151 | BOYAmt |
| EOY | $509,590 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $188,400 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $188,400 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,543,011 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,746,445 | BOYAmt |
| EOY | $51,412,848 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $405,248 | BOYAmt |
| EOY | $302,853 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,642,938 | BOYAmt |
| EOY | $52,856,479 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,913 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $345,280 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,755,980 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,014,614 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,272,787 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,339,031 | BOYAmt |
| EOY | $50,940,148 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,031,120 | BOYAmt |
| EOY | $1,916,331 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,370,151 | BOYAmt |
| EOY | $52,856,479 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,642,938 | BOYAmt |
| EOY | $52,856,479 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $29,620,814 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $390,987 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,525,473 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,151,693 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$166,548 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,219 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $5,065,962 | AdministrativeExpensesAmt |
| End Year Balance | $1,912,964 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,860,257 | BeginningYearBalanceAmt |
| Contributions | $5,587 | ContributionsAmt |
| Investment Earnings Or Losses | -$511,850 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $154,112 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $3,048,189 | AdministrativeExpensesAmt |
| End Year Balance | $7,151,693 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $13,175,412 | BeginningYearBalanceAmt |
| Contributions | $157,253 | ContributionsAmt |
| Investment Earnings Or Losses | $1,697,870 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $4,170,278 | AdministrativeExpensesAmt |
| End Year Balance | $10,860,257 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,939,075 | BeginningYearBalanceAmt |
| Contributions | $102,025 | ContributionsAmt |
| Investment Earnings Or Losses | $237,840 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $103,528 | GrantsOrScholarshipsAmt |
| End Year Balance | $13,175,412 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,360,679 | BeginningYearBalanceAmt |
| Contributions | $120,283 | ContributionsAmt |
| Investment Earnings Or Losses | $575,508 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $117,395 | GrantsOrScholarshipsAmt |
| End Year Balance | $12,939,075 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.73000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.27000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $188,400 | OtherCostOrOtherBasisAmt |
| Depreciation | $188,400 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART V, LINE 4: | FormAndLineReferenceDesc |
| Explanation | DESCRIBE THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS. THE INTENDED USES OF MARYMOUNT CALIFORNIA UNIVERSITY'S ENDOWMENT FUNDS INCLUDE A VARIETY OF PURPOSES INCLUDING FUNDING OF SCHOLARSHIPS, ACADEMIC SUPPORT, CAPITAL AND OTHER SPECIAL PROJECTS. | ExplanationTxt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | A NOTICE OF THE UNIVERSITY'S NONDISCRIMINATORY POLICY IS PUBLISHED AND ADVERTISED TO THE PUBLIC VIA BOTH THE UNIVERSITY'S WEBSITE* AND BROCHURES IN ACCORDANCE WITH REVENUE PROCEDURE 75-50. * WITH THE CLOSING OF UNIVERSITY OPERATIONS IN AUGUST 2022 (SEE SCHEDULE O), THE WEBSITE WAS REVISED TO ASSIST TRANSFERRING STUDENTS AND THE NONDISCRIMINATORY POLICY IS NO LONGER VIEWABLE. |
| SCHEDULE E, PART I, LINE 6 | THE COLLEGE ADMINISTERS FEDERAL GOVERNMENT FINANCIAL AID TO ITS STUDENTS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARYMOUNT EDUCATION FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 35 PENINSULA CENTER | AddressLine1Txt |
| City | ROLLING HILLS ESTATES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90274 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 884077281 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $550,000 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | EDUCATIONAL GRANTS/PROGRAMS | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | INSTITUTIONAL & ENDOWED SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 8 | RecipientCnt |
| Cash Grant | $8,210 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | DESCRIBE THE PROCEDURES FOR MONITORING USE OF GRANT FUNDS IN THE U.S.: PELL GRANT AND DIRECT LOAN ORIGINATION AND DISBURSEMENT IS COMPLETED BY THE ASSOCIATE DIRECTOR. THE DIRECTOR COMPLETES RECONCILIATION OF THE PELL GRANT AND DIRECT LOAN PROGRAMS. CNS CREATES PELL GRANT ORIGINATION AND DISBURSEMENT RECORDS, WHICH ARE SENT VIA EDCONNECT THROUGH THE COMMON ORIGINATION AND DISBURSEMENT (COD) PROCESS. STATEMENT OF ACCOUNTS FILES ARE RECONCILED MONTHLY BETWEEN CNS AND STUDENT ACCOUNTS RECORDS, COD AND FINANCIAL AID AND BETWEEN FINANCIAL AID AND STUDENT ACCOUNTS. THE DIRECTOR IS RESPONSIBLE FOR THE ADMINISTRATION OF THE CAL GRANT PROGRAM. THE WEBGRANTS ROSTER FROM THE CALIFORNIA STUDENT AID COMMISSION IS USED TO DETERMINE A STUDENT'S ELIGIBILITY FOR A CAL GRANT AWARD. RECONCILIATION IS COMPLETED EVERY TERM AFTER PAYMENT TRANSACTIONS ARE REPORTED THROUGH WEBGRANTS ON A STUDENT-BY-STUDENT BASIS. THE DIRECTOR OVERSEES THE ADMINISTRATION OF THE INSTITUTIONAL GRANTS & SCHOLARSHIPS. INSTITUTIONAL GRANTS & SCHOLARSHIPS ARE AWARDED TO STUDENTS THAT MEET THE SPECIFIC AWARD'S CRITERIA. THE INSTITUTIONAL GRANTS & SCHOLARSHIPS ARE POSTED IN CNS AND BATCHED OVER TO STUDENT ACCOUNTS ONCE PAYMENT HAS BEEN MADE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ARIANE SCHAUER | ||||||||||||||
| PROVOST & EXEC VP | $200,000 | $0 | $50,000 | $0 | $25,385 | $0 | $10,541 | $0 | $20,424 | $0 | $306,350 | $0 | $0 | $0 |
| ROBYN JONES | ||||||||||||||
| VP OF ENROLLMENT MGMT | $165,000 | $0 | $41,250 | $0 | $20,943 | $0 | $8,703 | $0 | $8,518 | $0 | $244,414 | $0 | $0 | $0 |
| RYAN ALCANTARA | ||||||||||||||
| VP OF S.A. & DEAN OF STUDENTS | $147,000 | $0 | $36,750 | $0 | $18,658 | $0 | $7,372 | $0 | $798 | $0 | $210,578 | $0 | $0 | $0 |
| RICHARD ANDERSON | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $193,000 | $0 | $0 | $0 | $0 | $0 | $10,236 | $0 | $519 | $0 | $203,755 | $0 | $0 | $0 |
| BRIAN MARCOTTE | ||||||||||||||
| PRESIDENT | $182,500 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $182,500 | $0 | $0 | $0 |
| KIMBERLY BLUE WADE | ||||||||||||||
| DEPT. CHAIR OF MULTIDISCIPLINARY STU | $177,777 | $0 | $0 | $0 | $0 | $0 | $6,570 | $0 | $6,378 | $0 | $190,725 | $0 | $0 | $0 |
| MICHAEL SEMENOFF | ||||||||||||||
| DIRECTOR OF INSTITUTIONAL RESEARCH | $77,951 | $0 | $15,590 | $0 | $73,155 | $0 | $7,515 | $0 | $22,551 | $0 | $196,762 | $0 | $0 | $0 |
| JOHN ALEXANDER | ||||||||||||||
| CHAIR OF NATURAL AND HEALTH SCIENCES | $165,188 | $0 | $0 | $0 | $0 | $0 | $5,754 | $0 | $17,204 | $0 | $188,146 | $0 | $0 | $0 |
| DAVID DRAPER | ||||||||||||||
| CHAIR OF BEHAVIORAL SCIENCE | $161,813 | $0 | $0 | $0 | $0 | $0 | $5,531 | $0 | $3,172 | $0 | $170,516 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4A | FormAndLineReferenceDesc |
| Explanation | MICHAEL SEMENOFF-$59,963 SEVERANCE PAY | ExplanationTxt |
Schedule N IRS990ScheduleN
Disposition Of Assets Detail DispositionOfAssetsDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Distri Or Expnss Paid | SEE SCHEDULE N, PART III | AssetsDistriOrExpnssPaidDesc |
| Distribution | 2023-01-25 | DistributionDt |
| Fair Market Value Of Asset | $80,000,000 | FairMarketValueOfAssetAmt |
| Method Of FMV Determination | SEE SCHEDULE N, PART III | MethodOfFMVDeterminationTxt |
| EIN | 943067788 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE REGENTS OF THE UNIVERSITY OF CALIFORNIA A CALIFORNIA CORPORATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 FRANKLIN ST 7TH FLOOR | AddressLine1Txt |
| City | OAKLAND | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 946075200 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRC Section | 501(C)(3) | IRCSectionTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Director Of Successor2 | Yes (1) | DirectorOfSuccessor2Ind |
| Employee Of Successor2 | Yes (1) | EmployeeOfSuccessor2Ind |
| Owner Of Successor2 | 0 | OwnerOfSuccessor2Ind |
| Receive Compensation2 | 0 | ReceiveCompensation2Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE N, PART II, LINE 1A: | LAND, BUILDINGS, IMPROVEMENTS & CERTAIN REAL PROPERTY AT: - 30800 PALOS VERDES DR. E (MAIN CAMPUS) - 1600 PALOS VERDES DR. N. (VILLAS) |
| SCHEDULE N, PART II, LINE 1D: | THE $80M CONSIDERATION WAS A NEGOTIATED FINAL SALE PRICE FOR THE MAIN CAMPUS AND VILLAS LAND AND BUILDINGS. THE SALE WAS CONDUCTED VIA A PRIVATE BID SELECTION PROCESS LED BY BERKADIA REAL ESTATE ADVISORS/BROKERS. |
| SCHEDULE N, PART II, LINES 2A AND 2B: | THE BOARD OF TRUSTEES OF MARYMOUNT CALIFORNIA UNIVERSITY (MCU) ADOPTED A DISSOLUTION AND DISTRIBUTION PLAN THAT INCLUDED A DISTRIBUTION OF FINAL NET ASSETS TO MARYMOUNT EDUCATION FOUNDATION (MEF), AN INDEPENDENT FOUNDATION RECOGNIZED BY THE IRS IN NOVEMBER 2022 AS A 501C3 PUBLIC CHARITY. THE FOLLOWING EMPLOYEES OF MCU (PER FORM 990) ARE MEMBERS OF THE BOARD OF TRUSTEES OF MEF: ARIANE SCHAUER (KEY EMPLOYEE), BRIAN MARCOTTE (OFFICER). THE FOLLOWING MEMBERS OF THE TRUSTEES OF MCU ARE MEMBERS OF THE TRUSTEES OF MEF: BRIAN MARCOTTE, RICK EDLER, SR. ANTOINE-MARIE BAURIER, CAROLINE SAYERS, DR. SUE SOLDOFF, FR. MARK VILLANO. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | ON NOVEMBER 17, 2022, MARYMOUNT CALIFORNIA UNIVERSITY FILED AMENDED AND RESTATED ARTICLES OF INCORPORATION WITH THE CALIFORNIA SECRETARY OF STATE. THE SIGNIFICANT CHANGE IN THE AMENDMENT/RESTATEMENT INCLUDED A CHANGE IN ARTICLE III THAT PROVIDES FOR THE DISTRIBUTION OF ASSETS UPON THE DISSOLUTION OF THE MARYMOUNT TAX-EXEMPT CORPORATION. IN THE AMENDMENT, MARYMOUNT, UPON DISSOLUTION, MUST DISTRIBUTE ITS REMAINING ASSETS TO AN ORGANIZATION QUALIFIED AS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE CODE (INTERNAL REVENUE CODE). THE CHANGE FOLLOWS IRS REQUIRED DISTRIBUTION PROVISIONS AND DOES NOT HAVE AN IMPACT ON MARYMOUNT'S ORGANIZED AND OPERATED", QUALIFIED, TAX-EXEMPT STATUS. |
| FORM 990, PART VI, SECTION B, LINE 11B | DESCRIBE THE PROCESS USED BY THE ORGANIZATION TO REVIEW THE FORM 990. THE INFORMATION RETURN WAS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED AND APPROVED BY MANAGEMENT. ONCE APPROVED BY MANAGEMENT, THE RETURN WAS PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO BEING FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | DOES THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY? ALL BOARD OF TRUSTEE MEMBERS ARE REQUIRED TO SIGN A STATEMENT ACKNOWLEDGING THEY UNDERSTAND THE CONFLICT OF INTEREST POLICY AND THE BOARD OF TRUSTEE MEMBERS ARE REQUIRED TO DISCLOSE ANY SUCH CONFLICTS. |
| FORM 990, PART VI, SECTION B, LINE 15A | DESCRIBE THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S CEO, EXECUTIVE DIRECTOR, OR TOP MANAGEMENT OFFICIAL. THE ORGANIZATION'S BOARD OF TRUSTEES PERIODICALLY REVIEWS THE PRESIDENT'S COMPENSATION PACKAGE IN ITS DETERMINATION OF COMPENSATION. THE BOARD REVIEWS DATA FROM OTHER ORGANIZATIONS SUCH AS THE ASSOCIATION OF INDEPENDENT CALIFORNIA COLLEGES AND UNIVERSITIES (AICCU) AS WELL AS OTHER DATA SOURCES. |
| FORM 990, PART VI, SECTION C, LINE 18 | DESCRIBE HOW THE ORGANIZATION MAKES ITS FORM 1023, 990 AND 990-T DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION. THE UNIVERSITY'S FORM 990 IS AVAILABLE TO THE PUBLIC THROUGH WWW.GUIDESTAR.ORG, IRS.GOV SEARCH TOOL (SEE LINE 19 BELOW) OR UPON WRITTEN REQUEST. THE UNIVERSITY WAS FORMED IN 1948 AND, HENCE, IS NOT REQUIRED TO MAKE THE FORM 1023 AVAILABLE FOR PUBLIC INSPECTION. |
| FORM 990, PART VI, SECTION C, LINE 19 | DESCRIBE HOW THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. THE INFORMATION RETURNS ARE MADE AVAILABLE TO THE PUBLIC: (1) UPON WRITTEN REQUEST, (2) THROUGH WWW.GUIDESTAR.ORG, A PUBLIC WEBSITE, AND (3) THROUGH THE IRS.GOV TAX EXEMPT ORGANIZATION SEARCH TOOL > IRS.GOV/CHARITIESNONPROFITS/SEARCHFORTAXEXEMPT=ORGANIZATIONS. |
| FORM 990, PART XI, LINE 9: | RETURNED ENDOWMENTS (INCLUDES $ 9,015.00 RESTRICTED, NON-ENDOWMENT ASSETS) -1,525,473. |
| SCHEDULE N, PART II: CLOSING OF UNIVERSITY OPERATIONS: | ON APRIL 22, 2022, THE UNIVERSITY FORMALLY ANNOUNCED THAT EDUCATIONAL OPERATIONS (UNDERGRADUATE, ACADEMIC COURSES FOR DEGREE CREDITS) WOULD DISCONTINUE AS OF AUGUST 31, 2022. SUBSEQUENT TO AUGUST 31,2022, THE UNIVERSITY HAS BEEN ENGAGED IN CONTINUING PUBLIC CHARITY ACTIVITIES FULFILLING REQUESTS AND REQUIREMENTS OF THE DEPARTMENT OF EDUCATION, ACCREDITATION AGENCIES, AND OTHER RELATED BODIES. AS THE UNIVERSITY CONTINUES THESE WIND-UP ACTIVITIES, A FINAL, SHORT PERIOD FORM 990 IS BEING CONSIDERED. A SCHEDULE N WILL BE FILED WITH ANY FINAL RETURN. |