2024-05-21T21:23:52-07:00 2023-07-31 990 2022-08-01 720408946 LOYOLA UNIVERSITY LOYO 5048653149 6363 St Charles Avenue New Orleans LA 70118 Carol Markowitz SVP/Chief Operating Officer 5048653149 2024-05-22 Carol Markowitz 999009999 1 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z Carol Markowitz 6363 St Charles Avenue New Orleans LA 70118 317241240 0 0928 X www.loyno.edu X 1912 LA Loyola University New Orleans, a Jesuit and Catholic institution of higher education, welcomes students of diverse backgrounds and prepares them to lead meaningful lives with and for others; to pursue truth, wisdom, and virtue; and to work for a more just world. Inspired by Ignatius of Loyola's vision of finding God in all things, the university is grounded in the liberal arts and sciences, while also offering opportunities for professional studies in undergraduate and selected graduate programs. Through teaching, research, creative activities, and service, the faculty, in cooperation with the staff, strives to educate the whole student and to benefit the larger community. 33 31 2230 290 118544 0 21714136 15142153 181724009 185723020 7477141 8139442 972664 188274 211887950 209192889 97679499 98390308 0 0 63223220 63237498 22650 22650 2768021 44701225 47488134 205626594 209138590 6261356 54299 541656000 685229721 220573000 355056488 321083000 330173233 Loyola University New Orleans, a Jesuit and Catholic institution of higher education, welcomes students of diverse backgrounds and prepares them to lead meaningful lives with and for others; to pursue truth, wisdom, and virtue; and to work for a more just world. Inspired by Ignatius of Loyola's vision of finding God in all things, the university is grounded in the liberal arts and sciences, while also offering opportunities for professional studies in undergraduate and selected graduate programs. Through teaching, research, creative activities, and service, the faculty, in cooperation with the staff, strives to educate the whole student and to benefit the larger community. 0 0 186558129 98390308 185737652 Loyola University New Orleans is a private, Catholic, Jesuit comprehensive university, open to students of all faiths. Loyola has 4,468 students - 3,253 undergraduates, 494 graduate students, 53 doctoral students, 599 law students and 69 continuing education students. The university is comprised of six colleges: Business, Arts and Sciences, Law, Music and Media, Nursing and Health, and City College, which is Loyola's online college that offers a variety of online programs. Loyola offers 2 associate degrees, 58 undergraduate degree programs (of which 52 are on-campus, 8 online, 4 certificates); 26 graduate programs (of which 17 are on-campus, 13 online, 2 extension, and 7 certificates). 0 0 0 N/A 0 0 0 186558129 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 1 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 2541 0 1 2230 1 1 1 1 BD CJ 0 0 1 1 1 1 0 1 1 0 0 0 0 0 X 33 31 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AZ CA CO DC LA MA MS NH NY OR SC VA WA X X Carol Markowitz 5048653144 6363 St Charles Avenue New Orleans LA 70118 Tania Tetlow President 37.5 0 X 424704 0 18692 Carol Markowitz SVP/Chief Operating Officer 37.5 0 X 369766 0 37149 Tanuja Singh Provost 37.5 0 X 348798 0 27433 Michael Capella Dean College of Business 37.5 0 X 308852 0 37405 Madeleine Landrieu Dean College of Law 37.5 0 X 311533 0 19879 Paul Cesarini Dean Online & City College 37.5 0 X 257761 0 44992 Michelle Collins Dean College of Nursing and Health 37.5 0 X 240934 0 35120 Maria Calzada Dean College of Arts and Sciences 37.5 0 X 226163 0 49271 Maria Lopez Pabon Professor of Law 37.5 0 X 225922 0 34549 Rev Justin Daffron SJ Interim President 37.5 0 X 191000 0 50615 Mary Algero Professor of Law 37.5 0 X 198367 0 33405 Robert Verchick Professor of Law 37.5 0 X 197563 0 32925 Jonathan Vogl Film Production Liaison 37.5 0 X 212337 0 16440 Nathan Ament Vice President of Enrollment Management 37.5 0 X 192251 0 33410 Blaine Lecesne Professor of Law 37.5 0 X 202933 0 22147 Kern Maass Dean College of Music & Media 37.5 0 X 185435 0 33129 Christopher Wiseman Vice President University Advancement 37.50 0 X 193830 0 21430 Rev Gregory Waldrop SJ Secretary/Treasurer 37.5 0 X 4000 0 306 Peggy Adams Board Member 1 0 X 0 0 0 Michael Bell Board Member 1 0 X 0 0 0 Michie Bissel Board Member 1 0 X 0 0 0 John Brown SJ Board Member 1.00 0 X 0 0 0 Rev John Cecero SJ Board Member 1 0 X 0 0 0 Cassandra Chandler Board Member 1 0 X 0 0 0 Lynn Coatney Board Member 1.00 0 X 0 0 0 Rev John Cunningham SJ Board Member 1.00 0 X 0 0 0 Rev Thomas Curran SJ Board Member 1 0 X 0 0 0 Brian Dunkle SJ Board Member 1.00 0 X 0 0 0 Benjamin Fields Board Member 1 0 X 0 0 0 Rev Michael Garanzini SJ Board Member 1.00 0 X 0 0 0 Anne Gauthier Board Member 1.00 0 X 0 0 0 Ryan Haas Board Member 1 0 X 0 0 0 Nancy Hairston Board Member 1.00 0 X 0 0 0 Morton Katz Board Member 1 0 X 0 0 0 Stephen Kent Board Member 1.00 0 X 0 0 0 Dennis Lauscha Board Member 1 0 X 0 0 0 Jim Meza Board Member 1 0 X 0 0 0 Sean O'Keefe Board Member 1 0 X 0 0 0 Bernard Panetta Board Member 1 0 X 0 0 0 Greg Rattler Board Member 1 0 X 0 0 0 Scott Rodger Board Member 1 0 X 0 0 0 Leah Schlater-Brown Board Member 1 0 X 0 0 0 Leo Seonae Board Member 1 0 X 0 0 0 Michael Skehan Board Member 1 0 X 0 0 0 Tod Smith Board Member 1.00 0 X 0 0 0 Stephanie Stokes Board Member 1 0 X 0 0 0 Rev Jeffrey von Arx SJ Board Member 1 0 X 0 0 0 Stephen Landry Chair 1 0 X 0 0 0 Robert LeBlanc Vice-Chair 1 0 X 0 0 0 4292149 0 548297 104 0 1 0 Sodexo 6363 St Charles Ave Box 243 New Orleans LA 70118 Food Service 8823248 Northstar Recovery Services Inc 9111 Jollyville Rd Suite 165 Austin TX 78759 Disaster Recovery Services 3761479 Mayer Building Company LLC 702 N Carrollton Avenue New Orleans LA 70119 Construction 1759044 HES Intermediate Holdings LLC DBA WFF Facility Services LLC 9202 S Northshore Drive Suite 202 Knoxville TN 37922 Janitorial Services 1412713 Beinert Roofing 510 Walsh Road Rosenberg TX 77471 Roofing Services 1353653 56 0 0 50085 0 3077616 12014452 169523 15142153 185723020 185723020 0 0 185723020 4524726 0 0 4524726 1371505 0 0 1371505 0 0 0 0 57400 0 0 0 57400 0 57400 0 0 57400 110253000 0 108009789 0 2243211 0 2243211 0 0 2243211 36260 0 38562 -2302 0 -2302 0 0 0 0 0 0 0 0 0 0 0 0 133176 14632 118544 0 133176 209192889 185737652 118544 8194540 0 0 98390308 98390308 0 0 0 0 3324578 2208902 893026 222650 0 0 0 0 49659259 40312318 8151821 1195120 897844 724052 148867 24925 5898463 4824653 892770 181040 3457354 2785094 574783 97477 0 0 0 0 200653 0 200653 0 182725 0 182725 0 0 0 0 0 22650 22650 0 0 0 0 7600986 6071648 1437465 91873 1075902 932345 133508 10049 2056859 1522940 352388 181531 2844648 499524 2218727 126397 869 869 0 0 6339368 5124265 1084034 131069 3441167 2808493 491534 141140 829225 715392 108359 5474 7038009 5839000 1036512 162497 0 0 0 0 6400696 5952648 387326 60722 4624877 4298177 282861 43839 Due, Subscriptions and Miscellaneous 1278223 428683 835658 13882 Educational and Student Programs 270449 243195 23430 3824 Books and Periodicals 1429420 1386023 21310 22087 Equipment and Maintenance 1874058 1489600 354683 29775 209138590 186558129 19812440 2768021 2892199 5705115 49606452 170843312 7147579 9942150 3966691 3668917 0 0 1064254 847882 563431 529325 3168792 5209960 365526171 112899059 236711864 252627112 235726190 235044304 0 0 0 808548 811644 541656000 685229721 8590018 11694415 0 0 6262101 10482154 199161233 327599644 0 0 0 0 0 0 0 6559648 5280275 220573000 355056488 X 144362080 150924093 176720920 179249140 321083000 330173233 541656000 685229721 X 54299 3911743 0 0 0 5124191 X 0 1 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 225369000 2025000 9694000 7877000 4411000 0 224800000 244316000 878000 -13589000 6210000 26000 0 225369000 212531000 2586000 47299000 6301000 11799000 0 244316000 215076000 3149000 5593000 6581000 4706000 0 212531000 221789000 3507000 6894000 5924000 3360000 7830000 215076000 0.37 0.44 0.19 0 0 0 9198559 9198559 0 330564800 101849700 228715100 0 0 0 0 0 13218763 11049359 2169404 0 12544049 0 12544049 252627112 0 Refundable Loan Program 4141283 Pension Benefits Payable 695977 Funds Held for Others 218908 Annuities Payable 209397 Other Liabilities 14710 5280275 120055809 3913173 0 0 0 3913173 116142636 0 93050253 93050253 209192889 118503504 0 0 0 5124191 5124191 113379313 0 95759277 95759277 209138590 Schedule D, Part V, Line 4 Endowment resources are used for non-operating expenses. Schedule D, Part XI, Line 4b Scholarships and investment return net of amounts appropriated for current operations. Schedule D, Part XII, Line 2d Activity related to Hurricane Ida, ERP implementation, annuity adjustment, past session activities and other miscellaneous activities. Schedule D, Part XII, Line 4b Institutional and externally funded 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 The University publishes its non-discrimination policy towards students in the annual Student Bulletin published on its website (see https://bulletin.loyno.edu/regulations/privacy-student-records-student-rights#non-discrimination). Schedule E, Part I, Line 6 Students that qualify receive federal and state need-based assistance. North America (including Canada and Mexico, but not the United States) 0 1 Program Services Study Abroad 5187 Central America and the Caribbean 0 1 Program Services Study Abroad 14251 Europe (including Iceland and Greenland) 2 23 Program Services Study Abroad 332234 East Asia and the Pacific 0 3 Program Services Study Aboard 56051 2 28 407723 0 0 0 0 0 0 X X X X X X X 1 Shift Marketing Studio (Higher Ed) 1737 Union Street Suite 203 Schenectady NY 12309 Provided phonathon fundraising services. 0 26980 22650 4330 26980 22650 4330 AK AZ CA CO DC LA MA MS NH NY OR SC VA WA Wolfpack Golf Tournament 29750 15330 14420 0 0 12415 751 0 2656 Law Advocacy Banquet 14235 5280 8955 0 0 0 0 0 8955 4 42360 29475 12885 0 0 0 0 0 13785 86345 50085 36260 0 0 12415 751 0 25396 38562 -2302 1 Scholarships and other types of financial assistance. 3629 98390308 0 FMV Schedule I, Part I, Line 2 Scholarships and other types of financial assistance are monitored through internal transfer of funds within the university. X X 1 1 X 0 0 0 1 0 0 0 0 0 Tania Tetlow President 211170 0 133000 0 0 0 83953 0 15272 0 443395 0 0 0 Carol Markowitz SVP/Chief Operating Officer 298516 0 71250 0 0 0 7656 0 29494 0 406916 0 0 0 Tanuja Singh Provost 348798 0 0 0 0 0 7000 0 20433 0 376231 0 0 0 Michael Capella Dean College of Business 308852 0 0 0 0 0 6300 0 31105 0 346257 0 0 0 Madeleine Landrieu Dean College of Law 311533 0 0 0 0 0 6200 0 13679 0 331412 0 0 0 Michelle Collins Dean College of Nursing and Health 240934 0 0 0 0 0 5000 0 30120 0 276054 0 0 0 Maria Lopez Pabon Professor of Law 225922 0 0 0 0 0 4654 0 29896 0 260472 0 0 0 Kern Maass Dean College of Music & Media 185435 0 0 0 0 0 3850 0 29279 0 218564 0 0 0 Christopher Wiseman Vice President University Advancement 193830 0 0 0 0 0 4006 0 17424 0 215260 0 0 0 Nathan Ament Vice President of Enrollment Management 192251 0 0 0 0 0 4006 0 29404 0 225661 0 0 0 Rev Justin Daffron SJ Interim President 191000 0 0 0 0 0 0 0 50615 0 241615 0 0 0 Rev Gregory Waldrop SJ Secretary/Treasurer 4000 0 0 0 0 0 0 0 306 0 4306 0 0 0 Jonathan Vogl Film Production Liaison 36000 0 176337 0 0 0 4246 0 12193 0 228776 0 0 0 Mary Algero Professor of Law 198367 0 0 0 0 0 4105 0 29300 0 231772 0 0 0 Blaine Lecesne Professor of Law 202933 0 0 0 0 0 4099 0 18048 0 225080 0 0 0 Maria Calzada Dean College of Arts and Sciences 226163 0 0 0 0 0 4500 0 44770 0 275433 0 0 0 Paul Cesarini Dean Online & City College 243029 0 0 0 14732 0 4900 0 40092 0 302753 0 0 0 Robert Verchick Professor of Law 197563 0 0 0 0 0 4125 0 28800 0 230488 0 0 0 Schedule J, Part I, Line 1a Allowances provided are authorized under university policy. Schedule J, Part I, Line 5 Jon Vogl received additional compensation above base salary contingent upon gross revenue earned in excess of $175,000 for film and television production. A Louisiana Public Facility Authority 720895871 546398P28 2011-10-19 128452335 Construction 0 0 0 B Louisiana Public Facility Authority 720895871 5463988B7 2017-01-26 86624585 Refunding of 2010 and 2011 Series 0 0 0 C Louisiana Public Facility Authority 720895871 546399LM6 2021-07-07 100855617 Refund Series 2011 & Construction 0 0 0 D Louisiana Public Facility Authority 720895871 546399RQ1 2023-02-15 133843314 Residence Hall Construction 0 0 0 A 121535000 0 128452335 0 0 0 1297957 0 0 127154378 0 0 2015 0 0 1 1 B 13930000 0 86624585 0 0 0 1190579 0 0 0 85434006 0 2017 0 1 1 1 C 0 0 101233684 0 0 0 1216013 0 0 11795842 84639604 3582225 2023 1 1 0 1 D 0 0 134880295 0 0 0 1451542 0 0 3305757 0 130172996 0 0 0 1 A 0 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 0 1 D 0 0 0 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 Schedule K, Part II, Line 3-07/07/2021 100,855,617 Louisiana Public Facility Authority The total proceeds exceed the issue price due to investment earnings on the project fund. Schedule K, Part II, Line 3-02/15/2023 133,843,314 Louisiana Public Facility Authority The total proceeds exceed the issue price due to investment earnings. Schedule K, Part II, Line 11-01/26/2017 86,624,585 Louisiana Public Facility Authority The other spent proceeds are refunding proceeds of the issue that are no longer in escrow. Schedule K, Part II, Line 11-07/07/2021 100,855,617 Louisiana Public Facility Authority The other spent proceeds are refunding proceeds of the issue that are no longer in escrow. Schedule K, Part IV, Line 2c-10/19/2011 128,452,335 Louisiana Public Facility Authority A rebate calculation was performed on April 13, 2020 with no rebate liability due. Schedule K, Part IV, Line 2c-01/26/2017 86,624,585 Louisiana Public Facility Authority A rebate calculation was performed on January 24, 2022 with no rebate liability due. X 12 169523 FMV X Miscellaneous Donations 4 0 FMV 0 0 1 1 Schedule M, Part I, Line 32b On-line auction software is used if necessary for tangible property and the broker Morgan Stanley for Stock. Schedule M, Part I, Line 33 The FMV of the donated items is immaterial to the financial condition of the university. Form 990, Part VI, Section A, Line 6 All members in good standing of the Society of Jesus who are members of the Jesuit Community of Loyola University New Orleans and who hold full-time or part-time positions at the university and who have held such academic positions for one academic year shall be eligible for membership in the corporation. Membership in the corporation shall consist of not fewer than three nor more than twenty-five persons who fulfill these qualifications. Form 990, Part VI, Section A, Line 7a The sole rights and duties of members shall be (a) to elect annually such members of the Board of Trustees as are provided in these articles; (b) to receive annually a report from the President; (c) to determine the dissolution of the Corporation and the distribution of its assets, consistent with the terms of Article V hereof; (d) to amend the Articles and By-Laws of the corporation in the manner specified in Article IX; and (e) to fix and determine by majority vote the number of Trustees who shall constitute the whole Board of Trustees. The composition of the Board of Trustees shall be at all times such that more than twenty-two percent (22%) of the total membership of the Board of Trustees, but not more than sixty percent (60%) of said Board shall be composed of members in good standing of the Society of Jesus. Form 990, Part VI, Section A, Line 7b The Board of Trustees shall have and exercise the corporate powers prescribed by law. The essential function of the Board shall be policy making and responsibility for sound management. It shall formulate and determine the general educational and financial policies as shall be deemed necessary for the administration and development of the Corporation in accordance with its shared purposes. The Board shall create committees of the Board and Ad-Hoc Committees as it may deem necessary or desirable to carry out the purposes of the Corporation, each of which shall have such powers and responsibilities as the Board of Trustees shall designate. Nothing shall be considered to negate the power of the President to establish administrative committees, visiting committees, councils and other bodies he/she may deem necessary or desirable to aid him/her in the performance of his/her duties. Form 990, Part VI, Section B, Line 11b The Audit Committee reviews the Form 990 and recommends the review to the Board of Trustees. The Form 990 is posted on the Board of Trustees website for review. In addition, the Form 990 is reviewed by an independent accounting firm prior to its submission to the Board of Trustees. Form 990, Part VI, Section B, Line 12c Under the Conflict of Interest Policy each Trustee is required when initially elected, and annually thereafter to acknowledge in writing that he or she has reviewed this Policy and is complying with it, in letter and in spirit; when initially elected and annually thereafter, to complete the Disclosure Statement. An amendment statement must be filed promptly in the event of a material change in circumstances, and to disclose actual or potential conflicts of interest at any time when he or she becomes aware of them. Form 990, Part VI, Section B, Line 15 The Executive Committee of the Board of Trustees, chaired by the Board Chairperson, deliberates to determine the President's compensation. Each member of the compensation-setting body is a disinterested party. Key employee compensation is determined upon hiring by the President or Provost, depending on the organizational status of the key employee. Form 990, Part VI, Section C, Line 18 The IRS Form 990 and 990-T are made available to the public upon request. A copy of each is also on file at the university's library. Form 990, Part VI, Section C, Line 19 The annual financial report, conflict of interest policy, and other governing documents are also made available to the public upon request. Form 990, Part XI, Line 9 Non-recurring expense, Information technology system implementation related expenses, and Hurricane Ida insurance and FEMA related proceeds, net of related expenses. N/A