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NOTRE DAME OF MARYLAND UNIVERSITY: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
NOTRE DAME OF MARYLAND UNIVERSITY (EIN 52-0591641)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-14
IRS object ID
202441359349304919
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-14T11:03:31-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN520959934PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ELLIN & TUCKER CHARTEREDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1400 EAST PRATT ST SUITE 200AddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21202ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN520591641EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NOTRE DAME OF MARYLAND UNIVERSITY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNOTRBusinessNameControlTxt
Phone4105325370PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14701 N CHARLES STREETAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP212102404ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonVICTORIA WASHINGTONPersonNm
Person TitleCONTROLLERPersonTitleTxt
Phone4105325370PhoneNum
Signature2024-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstVICTORIAPersonFirstNm
Person LastWASHINGTONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSUSAN KELLERPreparerPersonNm
PTINP00245169PTIN
Phone4107275735PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARYLOU YAMPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14701 N CHARLES STREETAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP212102404ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$61,516,791GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.NDM.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1957FormationYr
Legal Domicile StateMDLegalDomicileStateCd
Activity Or MissionEMBRACING THE VISION OF THE FOUNDERS, THE SCHOOL SISTERS OF NOTRE DAME, THE UNIVERSITY PROVIDES A LIBERAL ARTS EDUCATION IN THE CATHOLIC TRADITION.ActivityOrMissionDesc
Voting Members Governing Body25VotingMembersGoverningBodyCnt
Voting Members Independent25VotingMembersIndependentCnt
Total Employee812TotalEmployeeCnt
Total Volunteers115TotalVolunteersCnt
Total Gross UBI$6,905TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$16,071,277PYContributionsGrantsAmt
CY Contributions Grants$16,237,015CYContributionsGrantsAmt
PY Program Service Revenue$41,242,289PYProgramServiceRevenueAmt
CY Program Service Revenue$35,771,101CYProgramServiceRevenueAmt
PY Investment Income$4,851,172PYInvestmentIncomeAmt
CY Investment Income$2,011,237CYInvestmentIncomeAmt
PY Other Revenue$617,890PYOtherRevenueAmt
CY Other Revenue$1,175,033CYOtherRevenueAmt
PY Total Revenue$62,782,628PYTotalRevenueAmt
CY Total Revenue$55,194,386CYTotalRevenueAmt
PY Grants And Similar Paid$11,186,434PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$9,197,789CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$25,269,038PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$24,982,714CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,120,429CYTotalFundraisingExpenseAmt
PY Other Expenses$20,966,064PYOtherExpensesAmt
CY Other Expenses$20,134,348CYOtherExpensesAmt
PY Total Expenses$57,421,536PYTotalExpensesAmt
CY Total Expenses$54,314,851CYTotalExpensesAmt
PY Revenues Less Expenses$5,361,092PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$879,535CYRevenuesLessExpensesAmt
Total Assets BOY$148,710,190TotalAssetsBOYAmt
Total Assets EOY$155,633,094TotalAssetsEOYAmt
Total Liabilities BOY$34,248,229TotalLiabilitiesBOYAmt
Total Liabilities EOY$37,132,752TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$114,461,961NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$118,500,342NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionNOTRE DAME OF MARYLAND UNIVERSITY EDUCATES LEADERS TO TRANSFORM THE WORLD. EMBRACING THE VISION OF THE FOUNDERS, THE SCHOOL SISTERS OF NOTRE DAME, THE UNIVERSITY PROMOTES THE ADVANCEMENT OF WOMEN AND PROVIDES A LIBERAL ARTS EDUCATION IN THE CATHOLIC TRADITION.NOTRE DAME CHALLENGES WOMEN AND MEN TO:*STRIVE FOR INTELLECTUAL AND PROFESSIONAL EXCELLENCE,*BUILD INCLUSIVE COMMUNITIES,*ENGAGE IN SERVICE TO OTHERS, AND*PROMOTE SOCIAL RESPONDIBILITY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$26,368,562ExpenseAmt
Revenue$33,143,694RevenueAmt
DescNOTRE DAME OF MARYLAND UNIVERSITY (NDMU) IS A COMPREHENSIVE COEDUCATIONAL UNIVERSITY OFFERING TRADITIONAL UNDERGRADUATE PROGRAMS, ACCELERATED ADULT PROGRAMS, GRADUATE, PH.D./PHARMACY, LEVEL AND CERTIFICATE PROGRAMS. THE UNIVERSITY WITH 29 MAJORS IN OUR COLLEGE OF ADULT UNDERGRADUATE STUDIES (CAUS), AND 13 MASTERS, THREE DOCTORAL, AND TEN CERTIFICATE PROGRAMS IN OUR GRADUATE AND PROFESSIONAL STUDIES PROGRAM (GRAD), IS ENTERING ITS 129TH ACADEMIC YEAR.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$9,197,789ExpenseAmt
Grant$9,197,789GrantAmt
DescINSTITUTIONAL ADVANCEMENT - SCHOLARSHIP AND FUNDRAISING TO ENHANCE THE STUDENT EXPERIENCE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$2,656,492ExpenseAmt
Revenue$3,802,440RevenueAmt
DescAUXILARY ENTERPRISES INCLUDE ROOM AND BOARD, USE OF FACILITIES, AND "A CHILD'S PLACE" AN INTERNATIONAL PRE-SCHOOL AND KINDERGARTEN.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$38,222,843TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document2282IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee812EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members25GoverningBodyVotingMembersCnt
Independent Voting Member25IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VICTORIA WASHINGTONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4105325370PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14701 N CHARLES STREETAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP212102404ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
PATRICIA MCLAUGHLIN
TRUSTEE - CHAIR5.00Yes (X)$0$0$0
HEATHER KLINK
TRUSTEE - VICE CHAIR5.00Yes (X)$0$0$0
MARY NOEL ALBERS
TRUSTEE5.00Yes (X)$0$0$0
KELLY BARTH
TRUSTEE5.00Yes (X)$0$0$0
KATHLEEN BERES
TRUSTEE5.00Yes (X)$0$0$0
LAUREN CELLUCCI
TRUSTEE5.00Yes (X)$0$0$0
PATRICK CIMEROLA
TRUSTEE5.00Yes (X)$0$0$0
CATHRYN CURIA
TRUSTEE5.00Yes (X)$0$0$0
MARY D'ASCANIO
TRUSTEE5.00Yes (X)$0$0$0
CYNTHIA EDMUNDS
TRUSTEE5.00Yes (X)$0$0$0
THOMAS GALLOWAY
TRUSTEE5.00Yes (X)$0$0$0
HERBERT HANSEN JR
TRUSTEE5.00Yes (X)$0$0$0
CHARMAINE KROHE
TRUSTEE5.00Yes (X)$0$0$0
DEBBIE LIESEN
TRUSTEE5.00Yes (X)$0$0$0
GEORGE MARTIN
TRUSTEE5.00Yes (X)$0$0$0
WILLIAM MCCARTHY
TRUSTEE5.00Yes (X)$0$0$0
DAN MISCAVIGE
TRUSTEE5.00Yes (X)$0$0$0
PATRICIA MURPHY
TRUSTEE5.00Yes (X)$0$0$0
ANTHONY O'BRIEN
TRUSTEE5.00Yes (X)$0$0$0
AMANDA RUMSEY-BALLARD
TRUSTEE5.00Yes (X)$0$0$0
JUDITH SCHAUM
TRUSTEE5.00Yes (X)$0$0$0
ROBERT SCOTT PHD
TRUSTEE5.00Yes (X)$0$0$0
THOMAS SMYTH
TRUSTEE5.00Yes (X)$0$0$0
SHERITA THOMAS
TRUSTEE5.00Yes (X)$0$0$0
VERNON WRIGHT
TRUSTEE5.00Yes (X)$0$0$0
ALIX CHAILOU
TRUSTEE5.00Yes (X)$0$0$0
ALYCIA HANCOCK
TRUSTEE5.00Yes (X)$0$0$0
JAMES W CONSTABLE
EX-OFFICIO5.00Yes (X)$0$0$0
MARYLOU YAM
PRESIDENT50.00$443,330$0$15,297Yes (X)
SCOTT BRIELL
VP FOR ENROLLMENT MANAGEME50.00$193,800$0$4,136Yes (X)
SEAN DELANEY
VP FOR FINANCE & ADMIN50.00$191,816$0$21,288Yes (X)
KELLY KILDUFF
VP FOR INSTITIONAL ADV.50.00$165,616$0$14,781Yes (X)
GREGORY FITZGERALD
CHIEF OF STAFF/VP OF PLANNING & EXTERNAL AFFAIRS50.00$127,610$0$17,010Yes (X)
MARTHA WALKER
PROVOST & VP OF ACADEMIC AFFAIRS50.00$98,191$0$7,532Yes (X)
JAMES CULHANE
PROFESSOR-SCHOOL OF PHARMA50.00$147,430$0$19,750Yes (X)
KATHRYN DOHERTY
DEAN - SCHOOL OF NURSING50.00$162,435$0$3,105Yes (X)
JACK GOBLE
ASSOC. VPAA50.00$174,490$0$19,630Yes (X)
PAMELA O'BRIEN
DEAN50.00$153,286$0$3,139Yes (X)
MATTHEW SHIMODA
DEAN50.00$161,126$0$9,659Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,019,130TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$135,327TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K50IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
LEWIS CONTRACTORS
55 GWYNNS MILL CTOWINGS MILLSMD21117CONSTRUCTION$5,662,136
ORBIS EDUCATION SERVICES LLC
301 PENNSLVANIA PKWY STE 400INDIANAPOLISIN46280EDUCATIONAL PARTNERSHIP$2,917,443
SAGE DINING SERVICES INC
1402 YORK ROADLUTHERVILLEMD21093FOOD SERVICE$1,906,676
EAB GLOBAL INC
1920 E PARHAM RDRICHMONDVA23228CONSULTANTS$1,347,298
ABM JANITORIAL SERVICES-MID-ATLANTIC
LOCKBOX 787401PHILLADELPHIAPA19178JANITORIAL SERVICE$1,036,790
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K18CntrctRcvdGreaterThan100KCnt
Government Grants$13,398,798GovernmentGrantsAmt
All Other Contributions$2,838,217AllOtherContributionsAmt
Noncash Contributions$20,673NoncashContributionsAmt
Total Contributions$16,237,015TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES611310$31,968,661$31,968,661
AUXILIARY ENTERPRISES611310$3,802,440$3,802,440
FieldValueIRS element (for citing)
Total Program Service Revenue$35,771,101TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,015,082TotalRevenueColumnAmt
Unrelated Business Revenue$6,905UnrelatedBusinessRevenueAmt
Exclusion$1,008,177ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$7,318,560SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$6,322,405SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$996,155SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$996,155TotalRevenueColumnAmt
Exclusion$996,155ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business611310BusinessCd
Total Revenue Column$1,175,033TotalRevenueColumnAmt
Related Or Exempt Func Income$1,175,033RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,175,033OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$55,194,386TotalRevenueColumnAmt
Related Or Exempt Func Income$36,946,134RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$6,905UnrelatedBusinessRevenueAmt
Exclusion$2,004,332ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$9,197,789TotalAmt
Program Services$9,197,789ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,273,421TotalAmt
Program Services$922,086ProgramServicesAmt
Management And General$313,642ManagementAndGeneralAmt
Fundraising$37,693FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$19,698,234TotalAmt
Program Services$14,264,019ProgramServicesAmt
Management And General$4,851,611ManagementAndGeneralAmt
Fundraising$582,604FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$281,742TotalAmt
Program Services$199,485ProgramServicesAmt
Management And General$72,159ManagementAndGeneralAmt
Fundraising$10,098FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$2,238,554TotalAmt
Program Services$1,007,472ProgramServicesAmt
Management And General$1,154,049ManagementAndGeneralAmt
Fundraising$77,033FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,490,763TotalAmt
Program Services$1,096,587ProgramServicesAmt
Management And General$343,603ManagementAndGeneralAmt
Fundraising$50,573FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$104,234TotalAmt
Management And General$104,234ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$112,010TotalAmt
Management And General$112,010ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$109,370TotalAmt
Management And General$109,370ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$105,233TotalAmt
Program Services$86,433ProgramServicesAmt
Management And General$17,000ManagementAndGeneralAmt
Fundraising$1,800FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$593,467TotalAmt
Management And General$593,467ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$523,440TotalAmt
Program Services$315,572ProgramServicesAmt
Management And General$201,077ManagementAndGeneralAmt
Fundraising$6,791FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,360,315TotalAmt
Program Services$1,046,779ProgramServicesAmt
Management And General$267,102ManagementAndGeneralAmt
Fundraising$46,434FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$129,920TotalAmt
Program Services$89,940ProgramServicesAmt
Management And General$32,505ManagementAndGeneralAmt
Fundraising$7,475FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$283,681TotalAmt
Program Services$249,468ProgramServicesAmt
Management And General$27,658ManagementAndGeneralAmt
Fundraising$6,555FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$747,316TotalAmt
Program Services$717,484ProgramServicesAmt
Management And General$29,832ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$4,191,273TotalAmt
Program Services$3,815,818ProgramServicesAmt
Management And General$294,855ManagementAndGeneralAmt
Fundraising$80,600FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
CONTRACTED SERVICES$5,219,315$2,328,251$2,808,429$82,635
EXPENSE FROM 3RD PARTY$1,837,774$1,837,774
FOOD SERVICE$1,408,477$1,408,477
LIBRARY$924,584$924,584

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2,483,939TotalAmt
Program Services$552,599ProgramServicesAmt
Management And General$1,801,202ManagementAndGeneralAmt
Fundraising$130,138FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$54,314,851TotalAmt
Program Services$38,222,843ProgramServicesAmt
Management And General$14,971,579ManagementAndGeneralAmt
Fundraising$1,120,429FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$5,886,516BOYAmt
EOY$7,301,836EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,983,627BOYAmt
EOY$1,827,982EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,013,446BOYAmt
EOY$4,122,342EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$34,219BOYAmt
EOY$71,007EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$570,134BOYAmt
EOY$1,147,848EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$175,054,899LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$102,337,868LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$68,991,461BOYAmt
EOY$72,717,031EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$49,321,528BOYAmt
EOY$48,012,466EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$19,909,259BOYAmt
EOY$20,432,582EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$148,710,190BOYAmt
EOY$155,633,094EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$4,620,419BOYAmt
EOY$4,903,791EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,179,797BOYAmt
EOY$5,094,428EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$25,485,482BOYAmt
EOY$25,599,426EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$1,930,365BOYAmt
EOY$1,421,635EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,032,166BOYAmt
EOY$113,472EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$34,248,229BOYAmt
EOY$37,132,752EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$58,183,677BOYAmt
EOY$62,981,987EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$56,278,284BOYAmt
EOY$55,518,355EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$114,461,961BOYAmt
EOY$118,500,342EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$148,710,190BOYAmt
EOY$155,633,094EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$879,535ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$2,635,523NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$523,323OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact Legislators0DirectContactLegislatorsInd
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$7,430OtherActivitiesAmt
Total Lobbying Expenditures$7,430TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationTHE UNIVERSITY IS A MEMBER OF THE MARYLAND INDEPENDENT COLLEGE AND UNIVERSITY ASSOCIATION (MICUA). MICUA ADVISED THE UNIVERSITY THAT AN ESTIMATED 12% OF DUES PAID FOR FY 2021-2022 IS ALLOCATED TO NONDEDUCTIBLE LOBBYING AND POLITITCAL EXPENDITURES UNDER SECTION 162(E). TOTAL DUES FOR FY 2022-2023 =$61,916. 12% = $7,430.ExplanationTxt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$49,321,528BeginningYearBalanceAmt
Contributions$1,414,818ContributionsAmt
Investment Earnings Or Losses$3,995,508InvestmentEarningsOrLossesAmt
Grants Or Scholarships$6,719,388GrantsOrScholarshipsAmt
End Year Balance$48,012,466EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$51,709,356BeginningYearBalanceAmt
Contributions$6,418,129ContributionsAmt
Investment Earnings Or Losses-$6,139,349InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,303,932GrantsOrScholarshipsAmt
Other Expenditures$362,676OtherExpendituresAmt
End Year Balance$49,321,528EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$36,917,521BeginningYearBalanceAmt
Contributions$2,956,614ContributionsAmt
Investment Earnings Or Losses$14,700,145InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,440,791GrantsOrScholarshipsAmt
Other Expenditures$424,133OtherExpendituresAmt
End Year Balance$51,709,356EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$36,683,769BeginningYearBalanceAmt
Contributions$2,441,900ContributionsAmt
Investment Earnings Or Losses$271,690InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,343,694GrantsOrScholarshipsAmt
Other Expenditures$136,144OtherExpendituresAmt
End Year Balance$36,917,521EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$36,113,417BeginningYearBalanceAmt
Contributions$1,082,789ContributionsAmt
Investment Earnings Or Losses$1,724,767InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,237,204GrantsOrScholarshipsAmt
End Year Balance$36,683,769EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.39443BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.33467PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.27091TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,306,927OtherCostOrOtherBasisAmt
Book Value$1,306,927BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$53,713,901OtherCostOrOtherBasisAmt
Depreciation$28,874,644DepreciationAmt
Book Value$24,839,257BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$100,879,007OtherCostOrOtherBasisAmt
Depreciation$55,793,691DepreciationAmt
Book Value$45,085,316BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$19,155,064OtherCostOrOtherBasisAmt
Depreciation$17,669,533DepreciationAmt
Book Value$1,485,531BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$72,717,031TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
ALTERNATIVE INVESTMENTS$7,505,126F
EQUITY MUTUAL FUNDS$31,358,149F
FIXED INCOME SECURITIES$4,422,973F
SHORT TERM INVESTMENTS$4,726,218F
FieldValueIRS element (for citing)
Total Book Value Securities$48,012,466TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescINTEREST IN KNOTT PERPERTUAL TRUSTDesc
Book Value$20,432,582BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$20,432,582TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescREFUNDABLE ADVANCES FROM US GOV'TDesc
Amt$113,472Amt
FieldValueIRS element (for citing)
Total Liability$113,472TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$48,415,788TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$2,635,523NetUnrealizedGainsInvstAmt
Other Revenue$523,323OtherRevenueAmt
Revenue Not Reported$3,158,846RevenueNotReportedAmt
Revenue Subtotal$45,256,942RevenueSubtotalAmt
Investment Expenses Not Incld$109,370InvestmentExpensesNotIncldAmt
Other Revenues Not Included$9,828,074OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$9,937,444RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$55,194,386TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$44,377,407TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$44,377,407ExpensesSubtotalAmt
Investment Expenses Not Incld2$109,370InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$9,828,074OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$9,937,444ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$54,314,851TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE UNIVERSITY USES THE ENDOWMENT FUNDS TO PROVIDE SCHOLARSHIPS TO THOSE STUDENTS WHO MEET THE CRITERIA OF EACH SCHOLARSHIP.
PART X, LINE 2:THE UNIVERSITY FOLLOWS THE PROVISIONS OF THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES UNDER THE INCOME TAXES TOPIC OF THE CODIFICATION. THE CODIFICATION REQUIRES THE EVALUATION OF TAX POSITIONS, WHICH INCLUDE MAINTAINING ITS TAX-EXEMPT STATUS AND THE TAXABILITY OF ANY UNRELATED BUSINESS INCOME, AND DOES NOT ALLOW RECOGNITION OF TAX POSITIONS WHICH DO NOT MEET A "MORE-LIKELY-THAN-NOT" THRESHOLD OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. MANAGEMENT DOES NOT BELIEVE IT HAS TAKEN ANY TAX POSITIONS THAT WOULD NOT MEET THIS THRESHOLD.
PART XI, LINE 2D - OTHER ADJUSTMENTS:CHANGE IN VALUE OF ASSETS HELD IN PERPETUAL TRUST 523,323.
PART XI, LINE 4B - OTHER ADJUSTMENTS:FINANCIAL AID RECLASSIFICATION FROM REVENUE 9,197,789. INTEREST EXPENSE 630,285.
PART XII, LINE 4B - OTHER ADJUSTMENTS:FINANCIAL AID RECLASSIFICATION FROM REVENUE 9,197,789. INTEREST EXPENSE 630,285.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3RACIALLY NONDISCRIMINATORY POLICY. DUE TO THE LENGTH OF RACIALLY NONDISCRIMINATORY POLICY, THE POLICY IS NOT INCLUDED IN THE NEWSPAPER OR BROADCAST MEDIA; HOWEVER, THE POLICY IS ON THE UNIVERSITY'S WEBSITE. ALL NEWSPAPER AND BROADCAST MEDIA INCLUDE A LINK OR REFERENCE TO THE UNIVERSITY'S WEBSITE.
SCHEDULE E, PART I, LINE 6THE UNIVERSITY RECEIVED FUNDING FROM THE STATE OF MARYLAND AS PART OF THE JOSEPH A. SELLINGER STATE AID PROGRAM. THE FUNDING IS BASED ON FULL TIME EQUIVALENT STUDENT HEADCOUNT.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSTUDENT FINANCIAL AIDGrantTypeTxt
Recipient883RecipientCnt
Cash Grant$9,197,789CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE UNIVERSITY OFFERS MERIT AND TALENT SCHOLARSHIPS ON A COMPETITIVE BASIS TO ALL STUDENTS. THESE AWARDS DO AFFECT CONSIDERATION FOR NEED BASED FINANCIAL AID. IF ELIGIBLE FOR FINANCIAL AID, THESE AWARDS WILL BE COUNTED AS RESOURCES AND WILL BECOME PART OF THE FINANCIAL AID PACKAGE. THE UNIVERSITY ALSO OFFERS ENDOWED SCHOLARSHIPS TO ALL STUDENTS WHO MEET THE CRITERIA OF EACH SCHOLARSHIP. STUDENTS WHO FILE THE FINANCIAL AID FORM WILL AUTOMATICALLY BE CONSIDERED WHEN FINANCIAL NEED IS REQUIRED. GRANTS ARE AVAILABLE ANNUALLY FROM CURRENT FUNDS TO FULL-TIME STUDENTS WITH DOCUMENTED FINANCIAL NEED. FINANCIAL AID CONSISTS OF SCHOLARSHIPS, GRANTS, LOANS, AND PAID EMPLOYMENT. SCHOLARSHIPS AND GRANTS DO NOT HAVE TO BE REPAID. LOANS ARE OFFERED AT LOW INTEREST RATES ON THE CONDITION THAT MAY BE REPAID. PAID EMPLOYMENT IS AN EARNING PROGRAM. THE AMOUNT OFFERED IS THE AMOUNT THAT THEY MAY EARN. THE STUDENT IS PAID AN HOURLY RATE FOR WORK ACTUALLY PERFORMED.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MARYLOU YAM
PRESIDENT$348,983$0$68,747$0$25,600$0$7,543$0$7,754$0$458,627$0$0$0
SEAN DELANEY
VP FOR FINANCE & ADMIN$191,816$0$0$0$0$0$3,636$0$17,652$0$213,104$0$0$0
SCOTT BRIELL
VP FOR ENROLLMENT MANAGEME$193,800$0$0$0$0$0$3,800$0$336$0$197,936$0$0$0
JACK GOBLE
ASSOC. VPAA$174,490$0$0$0$0$0$3,600$0$16,030$0$194,120$0$0$0
KELLY KILDUFF
VP FOR INSTITIONAL ADV.$165,616$0$0$0$0$0$1,300$0$13,481$0$180,397$0$0$0
MATTHEW SHIMODA
DEAN$161,126$0$0$0$0$0$3,231$0$6,428$0$170,785$0$0$0
JAMES CULHANE
PROFESSOR-SCHOOL OF PHARMA$147,430$0$0$0$0$0$3,600$0$16,150$0$167,180$0$0$0
KATHRYN DOHERTY
DEAN - SCHOOL OF NURSING$162,435$0$0$0$0$0$2,840$0$265$0$165,540$0$0$0
PAMELA O'BRIEN
DEAN$153,286$0$0$0$0$0$2,868$0$271$0$156,425$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1AHOUSING ALLOWANCE OR RESIDENCE THE PRESIDENT, MARYLOU YAM, IS PROVIDED HOUSING ALLOWANCE AS A CONDITION OF HER EMPLOYMENT. HEALTH OR SOCIAL CLUB DUES THE UNIVERSITY PAYS THE PRESIDENT'S AND VICE-PRESIDENT'S INSTITUTIONAL ADVANCEMENT'S DUES TO SOCIAL CLUBS. THE PRESIDENT AND THE VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT USE THESE VENUES FOR BUSINESS MEETINGS AND ENTERTAINMENT OF DONORS. THE SOCIAL CLUB DUES ARE TREATED AS NON-TAXABLE.
PART I, LINE 3THE PRESIDENT'S COMPENSATION CONTRACT IS PREPARED USING AN INDEPENDENT CONSULTANT, COMPENSATION SURVEYS, AND THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. AFTER APPROVAL BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, THE CONTRACT IS PRESENTED TO THE BOARD OF TRUSTEES FOR THEIR ANNUAL REVIEW AND APPROVAL. THE PRESIDENT'S CONTRACT IS REVIEWED ANNUALLY. MINUTES OF DELIBERATIONS ARE CONTEMPORANEOUSLY MAINTAINED.
PART I, LINE 4BTHE FOLLOWING AMOUNTS REPRESENT DISTRIBUTIONS MADE TO THE RESPECTIVE INDIVIDUALS FROM A NON-QUALIFIED DEFERRED COMPENSATION PLAN (457F). THESE AMOUNTS ARE REPORTED ON THE RESPECTIVE INDIVIDUALS FORM W-2. MARYLOU YAM - $18,000

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution3ContributionCnt
Noncash Contributions Rpt F990$20,673NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH THE AID OF THE CONTROLLER/DIRECTOR OF FINANCIAL SERVICES. THE FORM 990 IS REVIEWED BY THE STAFF ACCOUNTANT, VICE PRESIDENT FOR FINANCE AND ADMINISTRATION, AND THE PRESIDENT. ACCESS TO THE FILE IS PROVIDED TO ALL MEMBERS OF THE BOARD OF TRUSTEES AND MEMBERS OF THE AUDIT/FINANCE COMMITTEE FOR REVIEW, COMMENT, AND QUESTIONS.
FORM 990, PART VI, SECTION B, LINE 12CALL MEMBERS OF THE BOARD OF TRUSTEES (THE BOARD) INCLUDING NON-VOTING MEMBERS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED ON AN ANNUAL BASIS TO READ THE POLICY AND AFFIRM THAT THEY UNDERSTAND AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY (THE POLICY). THE POLICY INCLUDES LANGUAGE THAT REQUIRES DISCLOSURE OF CONFLICT AS SOON AS IT IS KNOWN. THE POLICY IDENTIFIES "INTERESTED PERSONS AND THE "DUTY TO DISCLOSURE AND EXAMPLES OF CONFLICT OF INTEREST. THE POLICY REQUIRES THAT THE TRUSTEES SHALL ABSENT HIMSELF OR HERSELF FROM DISCUSSION AND SHALL ABSTAIN FROM VOTING ON SUCH MATTERS UNDER CONSIDERATION BY THE BOARD OR ITS COMMITTEES WHICH PRESENT A CONFLICT OF INTEREST OR POSSIBLE CONFLICT. WHEN A POSSIBLE CONFLICT IS DISCOVERED, THE PRESIDENT IS RESPONSIBLE FOR REVIEWING THE MATTER AND MAY TAKE APPROPRIATE ACTION AS IS NECESSARY TO PROTECT THE INTEREST OF THE UNIVERSITY. THE PRESIDENT SHALL REPORT FORTHWITH TO THE CHAIR OF THE BOARD THE RESULTS OF THE REVIEW AND THE ACTION TAKEN. THE CHAIR SHALL DETERMINE IF ANY FURTHER BOARD REVIEW OR ACTION IS REQUIRED.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION SEEKS TO ENSURE THAT COMPENSATION IS REASONABLE AND REPRESENTS FAIR MARKET VALUE FOR SERVICES RENDEREED. THE ORGANIZATION PERIODICALLY OBTAINS INFORMATION ON COMPENSATION OF FUNCTIONALLY COMPARABLE POSITIONS FOR SIMILARLY QUALIFIED PERSONS AT SIMILARLY SITUATED ORGANIZATIONS. IF ANY INDIVIDUAL BOARD MEMBER HAS CONFLICT OF INTEREST, HE OR SHE WOULD BE REQUIRED TO BE EXCLUDED FROM THE DISCUSSION AND DECISION UNDER THE ORGANIZATION'S CONFLICT OF INTEREST POLICY.
FORM 990, PART VI, SECTION C, LINE 19THE UNIVERSITY DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. IF THE UNIVERSITY RECEIVES A REQUEST FOR ANY OF THESE DOCUMENTS, SENIOR MANAGEMENT AND THE BOARD OF TRUSTEES DETERMINE IF DELIVERY OF THE REQUESTED DOCUMENTS IS APPROPRIATE.
FORM 990, PART XI, LINE 9:CHANGE IN VALUE OF ASSETS HELD IN PERPETUAL TRUST 523,323.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
MARION I & HENRY J KNOTT FUND INC
4501 N CHARLES STREETBALTIMOREMD21210521097109SUPPORT ORGMD501(C)(3)LINE 12D, III-ON/A0
THE LOYOLA NOTRE DAME LIBRARY INC
200 WINSTON AVEBALTIMOREMD21212520881396SUPPORT ORGMD501(C)(3)LINE 12C, III-FIN/A0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd