2025-05-14T14:16:35-07:00 2024-06-30 990 2023-07-01 362167855 DOMINICAN UNIVERSITY DOMI 7083662490 7900 Division Street River Forest IL 603051099 Mark Titzer VP of Finance 7083662490 2025-05-14 1 2023 2025-03-06 01:10:19Z Mark C Titzer 7900 Division Street River Forest IL 60305 126170961 0 0928 X www.dom.edu X 1901 IL As a Sinsinawa Dominican sponsored institution, Dominican University prepares students to pursue truth, give compassionate service and participate in the creation of a more just and humane world. 28 25 1690 195 0 0 13307678 14749256 95351242 105257479 2550823 2964980 850365 1004018 112060108 123975733 37637024 42669554 0 0 46030015 49961937 0 0 2234660 27424606 30697501 111091645 123328992 968463 646741 148270222 155957998 33613924 36240732 114656298 119717266 X Dominican University provides undergraduate and graduate instruction to students, and administers all of its programs without discrimination of race, color, gender, religion, national or ethnic origin, disability, age, marital status, or sexual orientation. As a Sinsinawa Dominican sponsored institution, Dominican University prepares students to pursue truth, give compassionate service, and participate in the creation of a more just and humane world. 1 0 78490522 42669554 72953956 Instructional Support includes areas related to teaching, research and advising. The University provides rigorous education in an intellectually integrated, mission-centered educational environment with hundreds of avenues for its students at the undergraduate and graduate levels to explore career interests and experience diverse cultures and international environments. It offers more than 50+ undergraduate degree options, 25 graduate degrees as well as doctoral degrees in Library and Information Science and Applied Social Justice. Students benefit from hands-on research opportunities, demanding academics, personal attention and deep interactions in classes that average 12 students. Career-enhancing opportunities include pre-professional programs, multiple master's degrees (some accelerated) at multiple locations, full- and part-time schedules, evening classes and certification and endorsement programs. 13162881 0 12234397 Academic Support is provided under the leadership of the Provost and the Associate Provost of the university, and supports the institutional areas of the university. Faculty are supported by the Center for Teaching Excellence whose mission is to support all faculty at all stages of their career as it relates to their role as teachers, student advisers, scholars, and citizens of the community and the university. Faculty committees exist to allow input and transparency into core decisions of the university. The Faculty Senate provides a central voice for all faculty. The Rebecca Crown Library provides library services to students, faculty, staff and the community. 13984457 0 12998021 Student Services is comprised of the Office of Enrollment Management (Admissions), Financial Aid Office, Dean of Students Office, Student Involvement, Student Success and Engagement, and Athletics. The Vice President for Enrollment Management oversees the Admissions, Financial Aid, and Marketing offices. This team is responsible for recruiting new and transfer students. By complying with federal and state regulations, the Financial Aid Office is responsible for packaging financial aid for students based on limits set by federal and state governance. Most students receive some form of scholarships or grants. External audits are conducted by various agencies for finance and financial aid. The Dean of Students and Student Success and Engagement Offices, which include (Wellness, Advising, Career Services, and Student Activities) work closely with students to prepare for holistic experiences. Training, tutoring, and various areas of support are the many resources that are provided. Career services help to prepare students for employment during and after their academic tenure. The Athletic Director oversees the university's 13 athletic sports and applies gender equity among the sports. The Athletic Department provides intercollegiate competition opportunities for student athletes of the university regardless of race, gender, ethnicity, or orientation. 4666706 0 7511106 Auxiliary services include student housing, campus dining, and the Performing Arts Theater. The university offers four residence halls. Housing includes a variety of options ranging from single and double rooms, to suites. Students who live in the residence halls are expected to purchase the campus meal plan; some specific exceptions are allowed. The Performing Arts Theater offers a variety of musical and theater productions. The theater productions are integrated with the Undergraduate Theater Program which supports their theater curriculum. Many students participant in the performances, assist with stage crew set up and tear down, and ticket collections. 4666706 0 7511106 110304566 1 1 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 0 1 0 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 4518 0 1 1690 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 28 25 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X Doris Dumas - Associate VP Finance 7083662490 7900 Division St River Forest IL 60305 Glena Temple President 50 0 X X 417846 0 44022 Genaro Balcazar Senior VP Enrollment & Marketing Strategy 50 0 X 262490 0 49113 Laura Niesen Provost 40 0 X X 268440 0 34082 Roberto Curci Vice Provost and Dean of BSB 50 0 X 252876 0 42514 Mark Titzer Chief Financial Officer 50 0 X 209185 0 17284 Sara Acosta VP for the University Advancement 50 0 X 173230 0 36906 Chad Rohman Dean Rosary College of Arts & Sciences 50 0 X 142119 0 45240 Roberta McMahon Chief of Staff 50 0 X 143316 0 35007 Todd Kleine Chief Information Officer 50 0 X 152363 0 25340 Daniel Condon Professor Economics, Business Law and Ethics 40 0 X 147079 0 30050 John DeCostanza VP Mission & Ministry 40 0 X X 132494 0 40028 Daniel Anderson Faculty Trustee 40 0 X 67623 0 21811 William Rogalla Trustee 30 0 X 84310 0 0 Kiara Valenzuela Student Trustee 10 X 6543 0 0 Matthew Toles Trustee 10 0 X 3600 0 0 Antonio Ortiz Trustee 5 0 X 0 0 0 Yonhee Gordon Trustee 5 X 0 0 0 Steven Holli Trustee-Chair Elect 5 0 X 0 0 0 Judith A Jewison OP Trustee 5 0 X 0 0 0 Bernadine Karge OP Trustee 5 X 0 0 0 Kevin M Killips Trustee-Past Chair 5 X 0 0 0 Patricia A Mulcahey OP Trustee 5 X 0 0 0 Martin J Noll Trustee 5 0 X 0 0 0 Raymond C Parmer Trustee 5 X 0 0 0 Steven R Thomma Trustee 5 X 0 0 0 Hugh Toner Trustee 5 X 0 0 0 Bronwyn McDaniel Trustee 5 X 0 0 0 Kathy Scherer Trustee 5 X 0 0 0 Anne M Kohler Trustee-Immediate Past Chair 5 0 X 0 0 0 Thomas D Abrahamson Trustee-Past Chair 5 X 0 0 0 Mary Jo Herseth Trustee-Chair 10 0 X 0 0 0 Paul C Darley Trustee 5 0 X 0 0 0 Mark Ishaug Trustee 5 0 X 0 0 0 Sally Nieto Trustee 5 X 0 0 0 Tom Savage Trustee 5 X 0 0 0 Melissa Connelly Trustee 5 0 X 0 0 0 Marcella Hermesdorf Trustee-OP, Sr 5 0 X 0 0 0 Philip Jimenez Trustee 5 0 X 0 0 0 Sue Pittacora Trustee 5 0 X 0 0 0 2463514 0 421397 57 1 1 0 Quest Food Services 2500 S Highland Ave Suite 250 Lombard IL 60148 Food services 2603375 Emcor Services Team 431 Lexington Drive Buffalo Grove IL 60089 Mechanical Services 1553331 Metro Facility Solutions 7241 W Roosevelt Forest Park IL 60130 Custodial Services 1414288 Sentinel Technologies Inc 2550 Warrenville Road Downers Grove IL 60515 Technologies 1233093 Collegis LLC 1415 W 22nd St Suite 300 Oakbrook IL 60523 Education and Marketing Services 872874 54 0 0 429194 0 8083467 6236595 444694 14749256 Tuition & Fees Undergraduate Revenues 611310 79920489 79920489 0 0 Tuition & Fees Revenue-Graduate 611310 17825884 17825884 0 0 Auxiliary Revenue 611310 7511106 7511106 0 0 0 0 0 0 105257479 2805470 0 0 2805470 0 0 0 0 0 0 0 0 0 149385 0 149385 0 0 0 0 0 0 2019988 0 1860478 0 159510 0 159510 0 0 159510 3800 429194 185365 -181565 0 -181565 0 0 0 0 0 0 0 0 0 0 0 0 Student Payment fee revenue 611710 440001 440001 0 0 Indirect Cost Recovery Revenues 813210 388573 0 0 388573 Parking Revenues 812930 63368 0 0 63368 293641 0 0 293641 1185583 123975733 105697480 0 3528997 0 0 40067731 40067731 2601823 2601823 0 0 2637498 1614248 843295 179955 0 0 0 0 37246661 34792286 1281068 1173307 2000421 1653213 260670 86538 5326977 4093492 1064912 168573 2750380 2432891 222960 94529 1189331 504673 684658 0 197675 0 197675 0 113300 0 113300 0 0 0 0 0 0 0 89487 0 89487 0 1312564 821588 452862 38114 2586075 2369438 189305 27332 5636701 2783041 2510772 342888 1967621 1967621 0 0 0 0 0 0 1253318 740462 512856 0 572009 517051 29012 25946 0 0 0 0 657096 482142 81462 93492 1317032 778104 538928 0 0 0 0 0 3425878 2679509 746369 0 771610 496470 275140 0 9607804 8908783 695035 3986 123328992 110304566 10789766 2234660 2383 1974 5584859 2950978 2081330 1444339 5791214 8581951 0 0 0 0 0 0 0 0 914956 1308487 150429573 74270539 72437179 76159034 57650809 59087087 0 0 0 3807492 6424148 148270222 155957998 5623505 6703113 0 0 103691 104362 27071809 26638949 814919 999852 0 0 0 0 0 1794456 33613924 36240732 X 63206053 62311155 51450245 57406111 114656298 119717266 148270222 155957998 X 646741 6568027 0 -89487 0 -2064313 X 0 1 X 1 1 1 X 13785939 18149617 21089755 13390598 14749256 81165165 0 0 0 0 0 0 0 0 0 0 0 0 13785939 18149617 21089755 13390598 14749256 81165165 294985 80870180 1801968 1514417 1043890 3204078 2805470 10369823 40905 0 0 0 0 40905 0 0 0 0 0 0 91575893 474709589 0.88309 0.89618 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X X X Teaching and Education 0 0 1 X 50665157 1327391 6825708 2153800 0 89577 56574879 47369448 1129200 4144117 1896300 0 81308 50665157 51714503 1875534 -4714038 1425000 0 81551 47369448 40834155 2932215 9298085 1275000 0 74952 51714503 40444991 1937249 -114096 1365000 0 68989 40834155 0.1996 0.5667 0.2337 0 0 0 78152 78152 0 122521630 55160916 67360714 0 6593157 5547103 1046054 0 16682741 13562520 3120221 0 4553893 0 4553893 76159034 0 Operating Lease-Chicago Campus 1794456 1794456 X 85816284 6568027 0 0 -2153800 4414227 81402057 89487 42484189 42573676 123975733 80755316 0 0 0 0 0 80755316 89487 42484189 42573676 123328992 Schedule D, Part III, Line 1 Collections, which are acquired mostly through donations, and has been since the University's inception, are not reflected in the Statements of Activities or in the Statements of Financial Position. Rather, these are displayed throughout the University. Schedule D, Part III, Line 4 The University's permanent collection of works of art are mainly for teaching, research, and exhibition. Pieces of art are tagged and logged in the inventories and archives. These collections of works of art are displayed in many places throughout the campus. Schedule D, Part IV, Line 2b Deposits on Hold from students were $512,620, and Annuity obligations were $487,232 in FY 2023-24. Schedule D, Part V, Line 4 The University's endowment provides revenue to support its mission. It consists of approximately 260 individual funds established for a variety of purposes, mostly for student scholarships. It includes donor restricted funds, funds designated by the Board of Trustees, and pledges receivable. Net assets associated with endowed funds, including funds designated by the Board of Trustees to function as endowment, are classified and reported based on the donor's intent. The University complies with the Uniformed Prudent Management of Institutional Funds (UPMIFA) to allocate the accumulations of earnings of the funds and follows the Board of Trustees approved Endowment Spending Policy. Schedule D, Part X, Line 2 The University has received a favorable determination letter from the Internal Revenue Service stating that the University is exempt from federal income taxes under the provisions of Section 501(c)3 of the Internal Revenue Code of 1986, as amended, except for income taxes pertaining to unrelated business income. Management has determined that there are no material uncertain positions that require recognition in the financial statements and does not expect that to change in the next 12 months. The University has properly not accrued any provision for income taxes for the University. There are no interest or penalties recognized in the Statements of Activities or the Statements of Financial Position. Schedule D, Part XI, Line 2d This amount represents the draw on the endowment for FY 2023-24. Schedule D, Part XI, Line 4b The amount represents institutional student financial aid and restricted scholarships of $42,669,554. These were netted to total revenues in the Statement of Activities for FY 2023-24. It also includes Fundraising expense from the annual GALA of $-185,365. Schedule D, Part XII, Line 4b This amount represents institutional student financial aid and restricted scholarships of $42,669,554 that were netted to total revenues in the Statements of Activities for FY 2023-24. It also represents fundraising expenses for the Benefit Gala of $-185,365. 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's nondiscrimination policy is published on the external and internal school's websites, and in general paper circulation that serves segments of the community. Also it is noted in certain emails and school brochures related to student admission and programs. Schedule E, Part I, Line 6 The University receives funds from the U.S. Department of Education for several student financial assistance programs, including the Federal Pell Grant Program, Federal Supplemental Educational Opportunity Grant Program, Federal Work-Study Program, Federal Loans, and the Teacher Education Assistance for College and Higher Education Grant Program. Scholarships from other federal programs are received and awarded to students. The University also receives various state funding from Illinois, which includes the Illinois Monetary Assistance Program (MAP). 1 Central America and the Caribbean 0 0 Investments Investments: Cayman Islands 5792643 North America (including Canada and Mexico, but not the United States) 0 0 Grantmaking Scholarships to students 2542929 Europe (including Iceland and Greenland) 0 0 Grantmaking Scholarships to students 29600 Central America and the Caribbean 0 0 Grantmaking Scholarships to students 29294 0 0 8394466 Institutional Scholarships to students North America (including Canada and Mexico, but not the United States) 118 0 Credited to Tuition Acct 2542929 Institutional Scholarships to students Europe (including Iceland and Greenland) 1 0 Credited to Tuition acct 29600 Institutional Scholarships to students Central America and the Caribbean 1 0 Credited to Tuition Acct 29294 0 0 0 0 0 0 Schedule F, Part I, Line 2 The University does not make grants outside the U.S.; rather it makes institutional grants to non-U.S. students. Using a financial aid award policy for all students, the Financial Aid Office disburses institutional aid to all students who qualify, including non-U.S. students. The aid is applied directly to the student's tuition balance and is limited to the students' estimated cost. The monitoring of this aid is done by following policies and procedures of awarding only the amount of aid that is below the students' costs and segregating to other departments the tasks and functions of applying any overages (which are extremely rare). Trustee Benefit Gala 432994 429194 3800 0 168 36413 75779 48953 24052 0 0 432994 429194 3800 0 168 36413 75779 48953 24052 185365 -181565 1 Institutional scholarships credited to students' tuition accounts. 2062 0 40067731 Cost The University awards scholarships to eligible students based on its policies. These amounts are applied as non-cash to students' tuition accounts and results in a reduction of tuition costs and are a direct cost to the university. The students listed here received greater than $5,000 in the fiscal year. Amounts less than $5,000 are not included here. Schedule I, Part I, Line 2 The University receives funds from the U.S. Department of Education for several student financial assistance programs and from the state of Illinois for state grants. The university uses the FAFSA (federal form) to apply federal aid and follows institutional policies for disbursing this aid to students. All aid is disbursed to students' tuition accounts, reducing their tuition balances. The Business Office monitors these entries and posts this information to the general ledger. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Glena Temple President 417846 0 0 0 0 0 21497 0 22524 0 461867 0 0 0 Laura Niesen Provost 268440 0 0 0 0 0 21194 0 12888 0 302522 0 0 0 Genaro Balcazar Senior VP Enrollment & Marketing Strategy 262489 0 0 0 0 0 19000 0 30113 0 311602 0 0 0 Roberto Curci Vice Provost and Dean of BSB 252876 0 0 0 0 0 20156 0 22358 0 295390 0 0 0 Mark Titzer Chief Financial Officer 209185 0 0 0 0 0 16691 0 593 0 226469 0 0 0 Sara Acosta VP for the University Advancement 173230 0 0 0 0 0 14241 0 22664 0 210135 0 0 0 Chad Rohman Dean Rosary College of Arts & Sciences 142118 0 0 0 0 0 11907 0 33333 0 187358 0 0 0 Roberta McMahon Chief of Staff 143316 0 0 0 0 0 11970 0 23037 0 178323 0 0 0 Todd Kleine Chief Information Officer 152363 0 0 0 0 0 12583 0 12757 0 177703 0 0 0 Daniel Condon Professor Economics, Business Law and Ethics 147079 0 0 0 0 0 7987 0 22063 0 177129 0 0 0 John DeCostanza VP Mission & Ministry 132494 0 0 0 0 0 10278 0 29750 0 172522 0 0 0 Schedule J, Part I, Line 1a Housing for the President is being provided by the university. The valuation of personal monthly lease payments are imputed and are included in the employee's taxable income. Also included in the President's taxable income, an automobile allowance is being provided on a monthly basis. These arrangements were and are authorized by the University's Board of Trustees. Schedule J, Part I, Line 3 The Board of Trustees appoints the President of the University. An external and independent search firm is engaged to bring qualified candidates for consideration. An internal search committee is formed, which is made up mostly of Trustees, certain faculty, staff and students. Qualified candidates are vetted by the internal search committee and suggested to a small group of college personnel for further review. Salaries and benefits are benchmarked among peer institutions. Once a candidate is selected, a written contract is presented to the candidate, and is signed by the candidate. A Illinois Finance Authority 861091967 2022-08-05 28455774 Bond Refinance 0 1 0 A 1275000 0 28455774 0 0 0 528997 0 0 0 28455774 0 1 0 1 1 A 0 0 1 1 0 0 0 0 A 0 1 0 0 0 0 0 0 0 A 1 Schedule K, Part V-08/05/2022 28,455,774 Illinois Finance Authority In August 2022, the University issued Illinois Finance Authority Revenue Bond Series 2022 in the amount of $28,455,774. This issuance was for the purpose of refunding Illinois Industrial Project Revenues Bond Series 2009A and 2009B, and the Revenue Refunding Bond Series 2014. The University's obligations are to make bi-annual payments of interest, with an annual payment of principal. These are fixed-rate bonds that are unsecured. X 21 434294 FMV X 1 5000 FMV X Sporting Tickets 2 2700 FMV X Concert Titkets 1 1200 FMV X Gift cards Food & Flowers 2 1500 FMV 0 0 1 0 Schedule M, Part I, Line 9 Publicly traded securities include 21 stock gifts received in FY 2024. Form 990, Part III, Line 2 During fiscal year 2024, the University made preparations for its new Chicago Campus location in the Pilsen neighborhood of Chicago, Illinois. These preparations included, but not limited to, initiating a lease with LaCasa in Chicago, employing staff and faculty to be prepared for the Fall 2024 opening, and purchasing equipment, furniture and supplies. Form 990, Part VI, Section A, Line 6 The University has members. The Board of Trustee Members consist of three to nine persons. Each member shall serve a term of that number of years determined by the Members as the length of term for Members. When vacancies among the members occur by reason of death, resignation, failure of qualification or otherwise, the number shall be reduced by such vacancies until qualified replacements are selected by the remaining members for unexpired terms. The responsibilities of the members include the following: approve the mission of the University; amend, restate or modify the Articles of Incorporation and the Bylaws of the University; approve the acquisition, purchase, sale, mortgage, lease, transfer of real property owned by the University; ratify the appointment; removal or replacement of one or more Trustees; and to approve any plan of dissolution, merger, consolidation or liquidation of the University. Each member shall be entitled to one vote on each matter submitted to a vote of the Members. Form 990, Part VI, Section A, Line 7a The Members may appoint, in their sole discretion, different Members: (A) When the Members decide to increase the number of Members (within limitations set forth in Article II,Section 1); (B) When vacancies occur by reason of death, resignation, failure of qualification, or otherwise. At all times, the Members shall be comprised of a majority of persons who are elected officials of the Sinsinawa Dominican Congregation. At all times up to three Trustees may be elected by the Members of the Corporation and such Trustees shall be Members of the Corporation or a Sinsinawa Dominican or other individual recommended by the Members for such terms as may be designated by the Members of the Corporation (The Member designated Trustees). Form 990, Part VI, Section A, Line 7b The governance decisions are reserved to the Board of Trustees and Management of the University. The responsibilities of the Members include the following: approve the mission of the University; amend, restate or modify the Articles of Incorporation and the Bylaws of the University; approve the acquisition, purchase, sale, mortgage, lease, transfer of real property owned by the University; ratify the appointment; remove or replace one or more Trustees; and to approve any plan of dissolution, merger, consolidation or liquidation of the University. Form 990, Part VI, Section B, Line 11b The tax returns are prepared by the Management of the University and reviewed by an independent and external audit firm. These tax returns are provided, in advance by private email, to the Finance Committee of the Board of Trustees for review, discussion, and acceptance. The Finance Committee reviews and accepts the tax returns to be filed. By private email, a copy of the tax return is made available to all Trustees weeks prior to being filed. Once all reviews are done, and after the Vice President for Finance/Administration's final review, the tax returns are electronically filed with the IRS. Form 990, Part VI, Section B, Line 12c The University has a written Conflict of Interest Policy. The policy covers each Board of Trustee Member, Officers, and Key employees (covered members) of the University. The Policy requires, annually, that each covered member to review the policy and to disclose any possible personal, family, or business relationship that could give rise to a conflict involving the University. The scope of the conflict includes any material facts of a proposed transaction, and the covered person's interest or relationship in respect to the transaction. Management of the University will follow up to ensure timely responses are received. Management reviews the responses to determine whether a conflict exists. If a conflict exists, the covered member (Board of Trustees member) must excuse themselves from being included when the Committee takes action on a proposed transaction but can be included in a quorum count. Form 990, Part VI, Section B, Line 15 Compensation for the President of the University is determined by the Board of Trustees. Annually, they determine the base compensation based on the comparability data provided by Human Resources (soon to be named the Office of People and Culture). Any bonuses and other indirect compensation are based on meeting stated goals, which are approved by the Executive Committee of the Board of Trustees and included as part of the President's contract. For all other top management positions such as officers, key employees, and academic deans, the President determines the initial compensation based on the data that the Executive Director of Human Resources gathered in relation to market data for similar positions. Annually the Vice President for Finance and Administration and the Executive Director of Human Resources reviews all compensation including the senior or top management for equity and external benchmarks. Any compensation recommendations are approved by the President and the Chief Financial Officer. The compensation review process for the President, Officers, and Key employees is completed on an annual basis. Form 990, Part VI, Section C, Line 19 The University does not make its governing documents, conflict of interest policy, and financial statements available to the public. Rather, it is made available upon request. Form 990 is available on certain public websites. Form 990, Part XI, Line 9 Amount represents the Endowment Draw of $2,153,690 and the Investment fees of $89,487 which are netted to investment income at the onset. SINSINAWA DOMINICAN CONGREGATION 585 Country Road Sinsinawa WI 53824 390816854 Ministry WI 501 (C) (3) Line 1 N/A 0 Constance Barbantini Estate 13001 S Briar Ln Palos Heights IL 60463 846408903 Trust Beneficiary IL N/A IRREVOCABLE CHARITABLE TRUST BMO Private Bank 111 W Monroe St Chicago IL 60603 Interest in an Irrevocable Trust IL BMO Harris Bank-Trustee T 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 The University timely field an extension of Form 990, Year 2023, and the extension was approved. The deadline to file is May 15, 2025.