2023-02-28T09:34:11-06:00 2022-05-31 390859910 BAKER TILLY US LLP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2021-06-01 520591694 MCDANIEL COLLEGE INC MCDA 4108572218 2 COLLEGE HILL WESTMINSTER MD 211574303 JULIANNE JASKEN PRESIDENT 4108572218 2023-02-21 1 JULIANNE JASKEN XXX-XX-XXXX KERRI N BOGDA CPA P00760402 7177404863 2023-02-21 X 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JULIANNE JASKEN 2 COLLEGE HILL WESTMINSTER MD 211574303 155020783 0 X WWW.MCDANIEL.EDU X 1867 MD STUDENTS ARE THE FOCUS AT MCDANIEL AND PROVIDING THE IDEAL LEARNING ENVIRONMENT IS OUR GOAL. 43 43 864 46 49803 0 10453597 14136991 101450086 105059161 10034002 11913352 485808 574449 122423493 131683953 53473726 56185432 0 0 33380427 34310112 0 0 2166303 33395370 38384930 120249523 128880474 2173970 2803479 259992859 236481387 63376965 57241236 196615894 179240151 X MCDANIEL COLLEGE IS A DIVERSE STUDENT-CENTERED COMMUNITY COMMITTED TO EXCELLENCE IN THE LIBERAL ARTS & SCIENCES AND PROFESSIONAL STUDIES WITH CAREFUL MENTORING AND ATTENTION TO THE INDIVIDUAL, MCDANIEL CHANGES LIVES. WE CHALLENGE STUDENTS TO DEVELOP THEIR UNIQUE POTENTIAL WITH REASON, IMAGINATION, AND HUMAN CONCERN, THROUGH FLEXIBLE ACADEMIC PROGRAMS, COLLABORATIVE AND EXPERIENTIAL LEARNING, AND GLOBAL ENGAGEMENT, MCDANIEL PREPARES STUDENTS FOR SUCCESSFUL LIVES OF LEADERSHIP, SERVICE, AND SOCIAL RESPONSIBILITY. 0 0 92388282 46633998 79460681 UNDERGRADUATE PROGRAM OF STUDY: 1,743 FULL TIME STUDENT EQUIVALENCY.MCDANIEL COLLEGE HAS A LONG HISTORY AS A SMALL PRIVATE COLLEGE OF THE LIBERAL ARTS, MCDANIEL OFFERS COURSES OF STUDY IN MORE THAN 70 AREAS, INCLUDING PRE-PROFESSIONAL PROGRAMS, TEACHING CERTIFICATION, AND OFF-CAMPUS PROGRAMS. STUDENTS MAY PURSUE TRADITIONAL, DUAL, OR DOUBLE MAJORS, OR DESIGN THEIR OWN COURSE OF STUDY.THE AVERAGE CLASS SIZE IS 14 STUDENTS; THE STUDENT-FACULTY RATIO IS 13:1, MCDANIEL HAS 128 FULL-TIME FACULTY; 95 PERCENT HOLD TERMINAL DEGREES IN THEIR DISCIPLINES, ALL COURSES AND LABORATORIES ARE TAUGHT BY REGULAR FACULTY MEMBERS, NOT TEACHING ASSISTANTS, THE COLLEGE OFFERS COUNTLESS OPPORTUNITIES FOR OFF-CAMPUS STUDY BOTH WITHIN THE UNITED STATES AND OVERSEAS, AMONG THEM: STUDY IN BUDAPEST, HUNGARY THROUGH AN AGREEMENT WITH COLLEGE INTERNATIONAL WHICH FOLLOWS MCDANIEL'S CURRICULUM,MCDANIEL IS ACCREDITED BY THE COMMISSION ON HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS. 19450164 8989585 16748998 AUXILARY SERVICES: DINING HALL SERVICES FOR 1,169 STUDENTS AND RESIDENCE HALL SERVICES FOR 1,313 STUDENTS.RESIDENCE HALL - AT MCDANIEL, FIRST, SECOND AND THIRD YEAR STUDENTS ALL LIVE ON CAMPUS, IN FACT, ALL STUDENTS ARE GUARANTEED HOUSING FOR ALL FOUR YEARS, EXCEPTIONS TO THE RESIDENCY REQUIREMENTS ARE MADE FOR THOSE WHO LIVE NEARBY WITH THEIR PARENTS, ARE MARRIED, OR ARE OVER AGE 24 OR PART TIME.YOU'LL FIND A RANGE OF OPTIONS, INCLUDING CLASSIC DORM STYLE ARRANGEMENTS AND APARTMENT SUITES, STAFFED BY FRIENDLY AND CAPABLE RESIDENT ASSISTANTS, WHO ARE SUPERVISED BY PROFESSIONAL STAFF, ALL RESIDENCES ARE WIRED FOR CABLE AND THE INTERNET.DINING HALL - AT MCDANIEL, STUDENTS HAVE A WIDE RANGE OF DINING CHOICES, CHOSEN FROM A VARIETY OF MEAL PLANS DESIGNED FOR DORM, APARTMENT, OR COMMUTER STUDENT LIVING, ALL DINING LOCATIONS ARE WITHIN WALKING DISTANCE AND OFFER EXTENSIVE HOURS. 9725082 561849 8799051 GRADUATE PROGRAM OF STUDY - FULL TIME STUDENT EQUIVALENCY 752.THE MISSION OF GRADUATE AND PROFESSIONAL STUDIES IS TO PREPARE CULTURALLY COMPETENT PROFESSIONALS COMMITTED TO LEADERSHIP IN THEIR FIELD, STUDENTS ARE PLACED IN THE CENTER OF A COMMUNITY RICH IN THE LIBERAL ARTS TRADITION, AN EMPHASIS ON THE FOUNDATION OF KNOWLEDGE ANDCRITICAL DECISION MAKING BASED ON CURRENT RESEARCH, THEORY AND PRACTICE ARE CENTRAL TO THE VARIOUS PROGRAMS.TWO GRADUATE DEGREES ARE GRANTED BY MCDANIEL COLLEGE: THE MASTER OF LIBERAL ARTS, AND THE MASTER OF SCIENCE. MCDANIEL COLLEGE IS ACCREDITED BY THE COMMISSION ON HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS, THE SCHOOL IS ALSO ACCREDITED BY THE AMERICAN CHEMICAL SOCIETY, COUNCIL ON SOCIAL WORK EDUCATION, NATIONAL COUNCIL FOR ACCREDITATION OF TEACHER EDUCATION AND THE MARYLAND STATE DEPARTMENT OF EDUCATION.MCDANIEL COLLEGE GRADUATE AND PROFESSIONAL STUDIES DOES MORE THAN PREPARE TEACHERS, ADMINISTRATORS, COUNSELORS, AND A HOST OF EDUCATIONAL SPECIALISTS. AT MCDANIEL, YOU WILL FIND PROFESSIONAL PROGRAMS IN EXERCISE SCIENCE, GERONTOLOGY, AND HUMAN RESOURCE MANAGEMENT. 121563528 1 0 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 0 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 1 1 1 0 0 1 226 0 864 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 43 43 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X JULIE FISHER CONTROLLERTREASURER 4108572218 2 COLLEGE HILL WESTMINSTER MD 211574303 OTTO J GUENTHER CHAIR 1.00 0.00 X X 0 0 0 BRUCE H PRESTON CHAIR 1.00 0.00 X X 0 0 0 MARY LYNN DURHAM VICE CHAIR 1.00 0.00 X X 0 0 0 CHARLES BOEHLKE JR TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM BUTZ TRUSTEE 1.00 0.00 X 0 0 0 RANDALL M DAY TRUSTEE 1.00 0.00 X 0 0 0 ERIC DEZENHALL TRUSTEE 1.00 0.00 X 0 0 0 JAMES FRANCIS TRUSTEE 1.00 0.00 X 0 0 0 RALPH O FRITH TRUSTEE 1.00 0.00 X 0 0 0 DARRELL T GUYTON TRUSTEE 1.00 0.00 X 0 0 0 MARTIN KP HILL TRUSTEE 1.00 0.00 X 0 0 0 SAMUEL E HOPKINS TRUSTEE 1.00 0.00 X 0 0 0 JIN KANG TRUSTEE 1.00 0.00 X 0 0 0 ED KASEMEYER TRUSTEE 1.00 0.00 X 0 0 0 STEVEN D KESLER TRUSTEE 1.00 0.00 X 0 0 0 MARJORIE R KIMBLE TRUSTEE 1.00 0.00 X 0 0 0 ALEXANDER KOUNDOURAKIS TRUSTEE 1.00 0.00 X 0 0 0 KAREN LAMONT TRUSTEE 1.00 0.00 X 0 0 0 CAROLYN P LANDIS TRUSTEE 1.00 0.00 X 0 0 0 JAMES E LIGHTNER TRUSTEE 1.00 0.00 X 0 0 0 JULIE LUCAS TRUSTEE 1.00 0.00 X 0 0 0 JILL MENNICKEN TRUSTEE 1.00 0.00 X 0 0 0 VICTOR MCTEER TRUSTEE 1.00 0.00 X 0 0 0 ALBERT J MEZZANOTTE JR TRUSTEE 1.00 0.00 X 0 0 0 VIRGINIA MILLER TRUSTEE 1.00 0.00 X 0 0 0 CHARLES E MOORE JR TRUSTEE 1.00 0.00 X 0 0 0 DAVID MOSKOWITZ TRUSTEE 1.00 0.00 X 0 0 0 CHITRACHEDU NAGANNA TRUSTEE 1.00 0.00 X 0 0 0 CHRISTOPHER C NEWMAN TRUSTEE 1.00 0.00 X 0 0 0 DONALD M REMBERT TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM RODGERS TRUSTEE 1.00 0.00 X 0 0 0 ROBERT SALOMON III TRUSTEE 1.00 0.00 X 0 0 0 CAROLYN L SCOTT TRUSTEE 1.00 0.00 X 0 0 0 BARBARA SHELTON TRUSTEE 1.00 0.00 X 0 0 0 AARON SLAUGHTER TRUSTEE 1.00 0.00 X 0 0 0 DOLORES J SNYDER TRUSTEE 1.00 0.00 X 0 0 0 SUE STEVENSON TRUSTEE 1.00 0.00 X 0 0 0 PATRICK STOKES TRUSTEE 1.00 0.00 X 0 0 0 MARK STUART TRUSTEE 1.00 0.00 X 0 0 0 BARBARA A THOMAS TRUSTEE 1.00 0.00 X 0 0 0 ANNE VOSS TRUSTEE 1.00 0.00 X 0 0 0 JAMES H YATES TRUSTEE 1.00 0.00 X 0 0 0 CARROLL L YINGLING TRUSTEE 1.00 0.00 X 0 0 0 JULIANNE JASKEN PRESIDENT 40.00 0.00 X 331425 0 30852 ERIC SIMON VP ADMIN & FINANCE 40.00 0.00 X 141035 0 5257 W THOMAS PHIZACKLEA VP ADMIN & FINANCE 40.00 0.00 X 124814 0 6874 KIMBERLY A SEELEY ASSISTANT TREASURER 40.00 0.00 X 108224 0 8779 JULIE FISHER TREASURER 40.00 0.00 X 98428 0 18710 MARISSA LANDER SECRETARY 40.00 0.00 X 90047 0 9502 KATHERINE HOLLABAUGH ASSISTANT SECRETARY 40.00 0.00 X 41057 0 24682 JANELLE HOLMBOE VP ENROLLMENT MGMT. 40.00 0.00 X 230446 0 28555 ROGER CASEY EMERITUS 40.00 0.00 X 282878 0 14652 LAWRENCE JUNKIN SENIOR AVP OF IA 40.00 0.00 X 176512 0 8737 THOMAS J ZIRPOLI CEO TARGET SERVICES 40.00 0.00 X 169115 0 19112 VICKIE MAZER DEAN OF GRADUATE & PROF STUDIES 40.00 0.00 X 142800 0 9576 ELIZABETH TOWLE DEAN OF STUDENTS 40.00 0.00 X 133818 0 10361 2070599 0 195649 30 0 1 0 ARAMARK MANAGEMENT SERVICES 1101 MARKET STREET PHILADELPHIA PA 19107 PHYSICAL PLANT 4219054 CAMPUS WORKS INC 1767 LAKEWOOD RANCH BLVD 305 BRADENTON FL 34211 IT SERVICES 1465970 WHITING-TURNER CONTRACTING 300 E JOPPA RD 8TH FLOOR BALTIMORE MD 21286 BUILDING CONTRACTOR 1105916 DAVID SCOTT ROBERTSONDBA CPM HOME AND O 1312 SOMERSET CT NEW WINDSOR MD 21776 BUILDING CONTRACTOR 598394 WHITEFORD TAYLOR SEVEN SAINT PAUL STREET BALTIMORE MD 21202 LEGAL CONTRACTOR 318838 14 25198 10186404 3925389 403458 14136991 TUITION & FEES - UNDERGRADUATE 611600 79511112 79511112 SALES/SVCS OF AUX. ENTERPRISES 721310 16748998 16698567 50431 TUITION & FEES - GRADUATE 611600 8799051 8799051 105059161 2115771 -628 2116399 133842 86310 47532 47532 47532 33025840 23228259 9797581 9797581 9797581 15517 25198 22261 -6744 -6744 PARKING FINES/FEES 900099 223450 223450 BAD DEBT RECOVERY 900099 89480 89480 TUITION CONTRACT FEES 900099 57250 57250 163481 163481 533661 131683953 105008730 49803 12488429 56175513 56175513 9919 9919 1589083 295090 1293993 25862569 23981230 638116 1243223 843976 770187 23404 50385 4175167 3747650 183616 243901 1839317 1665810 65096 108411 202670 202670 212945 212945 109833 109833 13895 13895 2019863 2019863 9466195 9068458 123292 274445 2512437 2353794 105380 53263 3287371 3210958 23848 52565 608731 606337 942 1452 2291443 2291443 402895 364109 18317 20469 431150 316880 33137 81133 1636768 1636768 6575568 6575568 707560 707560 SPONSORED PROGRAM 1974946 1974946 REPAIRS/MAINTENANCE 1531875 1531361 514 DUES AND SUBSCRIPTIONS 1295608 1278268 4348 12992 COVID-19 EXPENSES 1100219 1100219 2002958 1698790 280104 24064 128880474 121563528 5150643 2166303 10645 20053 16958651 27891432 915833 556504 1905989 1009645 385722 380238 597196 439052 186458378 127372831 63629735 59085547 112013892 81704712 56677069 58953815 1121564 723397 5776563 5716992 259992859 236481387 9623923 8262917 3590850 3004541 38773819 36374211 5246404 4736755 6141969 4862812 63376965 57241236 X 57203000 56399000 139412894 122841151 196615894 179240151 259992859 236481387 X 2803479 -20376158 196936 X 0 1 X 1 1 1 X 11558748 14573679 9096818 10453597 14157991 59840833 11558748 14573679 9096818 10453597 14157991 59840833 10227325 49613508 2872400 2644234 2408446 2087114 2249613 12261807 376951 368871 424389 370138 549178 2089527 74192167 475618790 0.66870 0.62020 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: ADVANTAGE REWARD - 2019 AMOUNT: $ 32,004. 2020 AMOUNT: $ 28,300. 2021 AMOUNT: $ 54,857. BAD DEBT RECOVERY - 2021 AMOUNT: $ 89,480. FEES - 2021 AMOUNT: $ 15,856. LATE FEE CHARGE - 2021 AMOUNT: $ 54,915. MISC INCOME - 2017 AMOUNT: $ 168,244. 2018 AMOUNT: $ 111,524. 2019 AMOUNT: $ 141,334. 2020 AMOUNT: $ 129,088. NON-CHARITABLE FUNDRAISING RECEIPTS - 2017 AMOUNT: $ 8,710. 2019 AMOUNT: $ 21,466. 2020 AMOUNT: $ 14,208. 2021 AMOUNT: $ 15,517. PARKING FINES/FEES - 2017 AMOUNT: $ 193,655. 2018 AMOUNT: $ 217,930. 2019 AMOUNT: $ 192,675. 2020 AMOUNT: $ 161,065. 2021 AMOUNT: $ 223,450. THEATER - 2017 AMOUNT: $ 6,342. 2018 AMOUNT: $ 4,008. TRANSCRIPT FEES - 2018 AMOUNT: $ 35,409. 2019 AMOUNT: $ 36,910. 2020 AMOUNT: $ 37,477. 2021 AMOUNT: $ 37,853. TUITION CONTRACT FEES - 2021 AMOUNT: $ 57,250. SCHEDULE A, PART II, COLUMN C: THE AMOUNTS FOR 2018 REPRESENT A SHORT YEAR AS THE ORGANIZATION HAD A CHANGE IN ACCOUNTING PERIOD. 0 0 0 0 0 0 0 0 1 13895 13895 0 PART II-B, LINE 1: THE ORGANIZATION PAID MEMBERSHIP DUES OF $91,288 TO THE MARYLAND INDEPENDENT COLLEGES AND UNIVERSITIES ASSOCIATION (MICUA), WHICH ENGAGES IN LOBBYING ACTIVITIES. MICUA SET ASIDE 15% OF THE DUES PAID TO ENGAGE IN NON-DEDUCTIBLE LOBBYING AND POLITICAL EXPENDITURES. THE ORGANIZATION ALSO PAID $3,000 TO THE GREAT BALTIMORE COMMITTEE WHICH ESTIMATES 6.5% OF ITS DUES ARE USED FOR LOBBYING. ACCORDINGLY, THE COLLEGE HAS REPORTED AN AMOUNT EQUAL TO 15% OF MICUA MEMBERSHIP AND 6.5% OF GREATER BALTIMORE COMMITTEE DUES PAID ON LINE 11 OF PART IX, STATEMENT OF FUNCTIONAL EXPENSES. 170051196 1252325 -10833963 8174990 10000000 142294568 127144128 1521082 49631566 8245580 170051196 128730262 1601425 4439782 7627341 127144128 130900426 4212697 926055 7308916 128730262 119910923 5072944 12950602 7034043 130900426 0.17100 0.50100 0.32800 0 0 2838060 2838060 154051727 105998204 48053523 9258299 7274914 1983385 16034369 12009844 4024525 4275923 2089869 2186054 59085547 AG SUPER FUND 226611 F BLS GLOBAL 6328426 F CASH SURRENDER VALUE - LIFE INSURANCE 165111 F COLCHESTER 3100386 F COMMON FUND 262013 F EFFISSIMO 7070167 F EMERALD CREEK 3203591 F INVESTMENT IN VENTURE LEADING & LEASING IV 121450 F LUCERNE 39472 F MILLENIUM INTERNATIONAL FUND 8971687 F NAYA 4231380 F NZC GUGGENHEIM 852920 F SOAPSTONE 4659607 F TYBOURNE LONG 3878195 F WESTWOOD EMERGING 6541640 F WELLINGTON 9301159 F 58953815 REFUNDABLE ADVANCE FROM THE U.S. GOVERNMENT 1067047 ACCUMULATED POST RETIREMENT BENEFIT OBLIGATION 3795765 4862812 X 53477759 -20376158 -57938607 -78314765 131792524 -108571 -108571 131683953 70852437 177258 177258 70675179 58205295 58205295 128880474 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE INTENDED TO HELP PROVIDE AFFORDABLE EDUCATION TO STUDENTS BY PROVIDING FUNDS FOR FINANCIAL AID AND SUPPORT FOR THE OPERATIONS OF THE COLLEGE. PART X, LINE 2: THE COLLEGE ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE, WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD AT MAY 31, 2022 AND 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT EXPENSES -2,019,863. FINANCIAL AID -56,185,432. ADJUSTMENT OF ACTUARIAL LIABILITY ANNUITIES PAYABLE 266,688. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -86,310. SPECIAL EVENT EXPENSES NETTED WITH REVENUE -22,261. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 86,310. UNCOLLECTIBLE PLEDGES 68,687. SPECIAL EVENT EXPENSES NETTED WITH REVENUE 22,261. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 56,185,432. INVESTMENT EXPENSES 2,019,863. 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 COLLEGE ADVERTISEMENTS COVER THE STATE OF MARYLAND, THE PRIMARY SEGMENT OF OUR GENERAL COMMUNITY. UNDER IRS PROCEDURES 75-50, EXCEPTION 4.03 - 2 (B), THE BALANCE OF OUR STUDENT BODY COMES FROM A LARGE GEOGRAPHICAL AREA. THEY ARE CONTACTED THROUGH VISITS TO HIGH SCHOOLS BY ADMISSIONS COUNSELORS WITH STUDENT PUBLICATIONS. ALL ADVERTISEMENTS, BROCHURES, AND OTHER PRINT MATERIALS STATE THE ORGANIZATION'S RACIAL NONDISCRIMINATORY POLICY. SCHEDULE E, PART I, LINE 6 MCDANIEL RECEIVES GRANTS AND SCHOLARSHIPS FOR FINANCIAL AID FROM THE FEDERAL GOVERNMENT AS WELL AS THE STATE OF MARYLAND. THE FUNDS THAT ARE RECEIVED ARE EARMARKED BY THE GOVERNMENT AGENCY FOR CERTAIN STUDENTS AND THE COLLEGE HAS NO DECISION MAKING POWER OVER THE FUNDS. 0 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 13203067 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 INVESTMENTS 10948362 SOUTH AMERICA 0 0 PROGRAM SERVICES INTERNATIONAL STUDY ABROAD 4905 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES INTERNATIONAL STUDY ABROAD 43574 0 0 0 0 0 0 24199908 0 24199908 FINANCIAL AID EAST ASIA AND THE PACIFIC 2 9919 1 0 1 1 1 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART IV, LINES 1, 3, AND 5: THE ORGANIZATION HAD TRANSFERS TO AND AN INTEREST IN A FOREIGN CORPORATION FOR THE YEAR BUT ITS TRANSACTIONS AND HOLDINGS DID NOT EXCEED THRESHOLDS FOR FILING. THE ORGANIZATION ALSO HAD INTERESTS IN FOREIGN PARTNERSHIPS AND DID NOT HAVE ANY TRANSFERS OR TRANSACTIONS WHICH EXCEEDED THE THRESHOLD FOR FILING. THE ORGANIZATION DID NOT INVEST IN ANY PASSIVE FOREIGN INVESTMENT COMPANY WHICH GENERATED A FILING REQUIREMENT. GOLF TOURNAMENT 40715 25198 15517 7319 6904 5361 2677 40715 25198 15517 7319 6904 5361 2677 22261 -6744 1 SCHOLARSHIPS/FELLOWSHIPS 1738 56175513 PART I, LINE 2: A LIST OF SCHOLARSHIP RECIPIENTS IS ON FILE AT THE INSTITUTION AND IS AVAILABLE ON REQUEST. ALL RECIPIENTS ARE SELECTED ON AN EQUAL, OBJECTIVELY DETERMINABLE BASIS ACCORDING TO THE REQUIREMENTS FOR EACH SCHOLARSHIP AND/OR AID FOR WHICH THE RECIPIENT IS APPLYING. THAT IS, ALL STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS. ALL SCHOLARSHIPS AND FINANCIAL AID HAVE ACADEMIC REQUIREMENTS WHICH THE RECIPIENTS NEED TO MAINTAIN TO CONTINUE RECEIVING AID. STUDENTS DO NOT RECEIVE CASH GRANTS. RATHER, ALL FINANCIAL AID IS TREATED AS A REDUCTION TO TUITION. X 1 0 X X X X 1 1 0 0 0 0 0 0 0 JULIANNE JASKEN PRESIDENT 331425 0 0 0 0 0 0 0 30852 0 362277 0 0 0 ROGER CASEY EMERITUS 282878 0 0 0 0 0 0 0 14652 0 297530 0 0 0 JANELLE HOLMBOE VP ENROLLMENT MGMT. 230446 0 0 0 0 0 0 0 28555 0 259001 0 0 0 THOMAS J ZIRPOLI CEO TARGET SERVICES 169115 0 0 0 0 0 0 0 19112 0 188227 0 0 0 LAWRENCE JUNKIN SENIOR AVP OF IA 176512 0 0 0 0 0 0 0 8737 0 185249 0 0 0 VICKIE MAZER DEAN OF GRADUATE & PROF STUDIES 142800 0 0 0 0 0 0 0 9576 0 152376 0 0 0 PART I, LINE 1A PRESIDENT JULIANNE JASKEN IS REQUIRE TO LIVE ON CAMPUS AS A CONDITION OF HER EMPLOYMENT. THE HOUSING IS PROVIDED FOR THE CONVENIENCE OF THE EMPLOYER AND THE LODGING IS FURNISHED ON THE COLLEGE CAMPUS. THE VALUE OF THE HOUSING ALLOWANCE WAS $18,000. THIS AMOUNT HAS NOT BEEN INCLUDED IN THE EMPLOYEE TAXABLE COMPENSATION. THE ABOVE HOUSING ALLOWANCE IS PART OF THE EMPLOYEE'S EMPLOYMENT CONTRACT AND IS THUS NOT SUBJECT TO SUBSTANTIATION REQUIREMENTS. PART I, LINES 4A-B THE PRESIDENT, JULIANNE JASKEN, IS A PARTICIPANT IN A NON-QUALIFIED PLAN. THE ORGANIZATION CONTRIBUTED $17,440 TO THE PLAN DURING THE FISCAL YEAR. THIS AMOUNT DOES NOT APPEAR IN THE COMPENSATION LISTED ON PART II DUE TO THE TIMING OF THE CONTRIBUTION. THE CONTRIBUTION WILL BE REPORTED ON PART II ON THE SUBSEQUENT FORM 990. A CITY OF WESTMINSTER MD 526000811 960733BV4 2016-10-27 38410000 REFINANCE OR REFUND SERIES 2000 AND SERIES 2006 BONDS 0 0 0 A 6660000 43507194 357629 43149565 2016 1 0 1 1 A 0 0 1 1 0 0.01500 0.00000 0.01500 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 SCHEDULE K, PART I, COLUMN (E) AND PART II, LINE 3: THE PROCEEDS AS LISTED ON PART II, LINE 3, VARIES FROM THE FACE VALUE OF THE BOND ISSUE AS REPORTED ON PART I, COLUMN (E) DUE TO BOND PREMIUM. ALBERT MEZZANOTTE TRUSTEE AND PARTNER OF THE LAWFIRM WHITEFORD, TAYLOR, & PRESTON 195419 ALBERT MEZZANOTTE IS BOTH A TRUSTEE AND PARTNER OF A LAW FIRM THE ORGANIZATION USES. ALL TRANSACTIONS, CONTRACTS, ETC. ARE CONDUCTED AT ARM'S LENGTH 0 X 13 403458 NYSE 0 0 1 0 PART I, COLUMN (B): THE NUMBER LISTED IN COLUMN B FOR LINE 9 REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS FIRST REVIEWED BY THE CFO AND PRESIDENT. ONCE THEY HAVE APPROVED THE FORM 990, IT IS POSTED TO THE BOARD OF DIRECTORS' PORTAL FOR REVIEW, THE FORM 990 IS PART OF THE FEBRUARY 18, 2023 BOARD MEETING AGENDA, THE FORM 990 IS ACCEPTED AT THIS MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MCDANIEL COLLEGE HAS ALL TRUSTEES, KEY EMPLOYEES, AND OFFICERS COMPLETE AN ANNUAL DISCLOSURE STATEMENT FOR CONFLICTS OF INTEREST, TAXPAYER HAS 100% PARTICIPATION WITH THE COMPLETION OF THE STATEMENT, A LIST IS COMPILED, REVIEWED AND ON FILE WITH THE FINANCE AND PRESIDENT'S OFFICE. CONTRACTS AND VENDORS ARE PERIODICALLY REVIEWED AND BIDS ARE OBTAINED AND REVIEWED WITH CONFLICT OF INTEREST AWARENESS. ANY BOARD MEMBER WHO HAS A POSSIBLE CONFLICT OF INTEREST DOES NOT VOTE ON ANY MATTER RELATED TO THE POSSIBLE CONFLICT, THE MINUTES WILL REFLECT THAT A DISCLOSURE WAS MADE, THAT THE MEMBER WITH THE POSSIBLE CONFLICT ABSTAINED FROM VOTING, AND THAT THE MEMBER HAS NOT BEEN INCLUDED IN THE QUORUM. FAMILY AND BUSINESS RELATIONSHIPS ARE EXPRESSLY MENTIONED AS SOURCES OF POTENTIAL CONFLICTS IN THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT (CEO) AND PRESIDENT'S COUNCIL (VPS/PROVOST) COMPENSATION PACKAGES ARE REVIEWED ANNUALLY BY AN EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD, A COMPARISON OF COMPENSATION IS MADE TO THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION'S (CUPA) ADMINISTRATIVE COMPENSATION SURVEY TO ENSURE THE PRESIDENT'S COMPENSATION PACKAGE IS WITHIN FAIR MARKET VALUE FOR THE INDUSTRY, PERFORMANCE EVALUATIONS ARE ALSO REVIEWED, A RECOMMENDATION IS MADE TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR APPROVAL OF COMPENSATION PACKAGES. OTHER OFFICERS AND KEY EMPLOYEES ARE REVIEWED BY THE PRESIDENT'S COUNCIL AND COMPARISONS ARE MADE TO OTHER COLLEGES' COMPARABLE POSITIONS USING CUPA'S ANNUAL SURVEY DATA, LOCAL MARKETS ARE ALSO SURVEYED PERIODICALLY, BOARD LEVEL DISCUSSIONS ON EXECUTIVE COMPENSATION ARE RECORDED IN BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST AT THE FOLLOWING OFFICES: FINANCIAL SERVICES, PRESIDENT'S, OR DEVELOPMENT. CONFLICT OF INTEREST STATEMENTS ARE AVAILABLE AT THE FINANCIAL SERVICES OFFICE BY REQUEST, FORM 990 IS AVAILABLE BY REQUEST TO THE FINANCIAL SERVICES OFFICE OR CAN BE OBTAINED ONLINE AT GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: ADJUSTMENT OF ACTUARIAL LIABILITY ANNUITIES PAYABLE 266,688. UNCOLLECTIBLE PLEDGES -68,687. ROUNDING -1,065. 23656 COLTON POINT ROAD LLC 2 COLLEGE HILL WESTMINSTER MD 21157 471122967 REAL ESTATE HOLDING MD 0 0 MCDANIEL COLLEGE INC WMC DEVELOPMENT CORPORATION 2 COLLEGE HILL WESTMINSTER MD 21157 521434968 REAL ESTATE LAND LESSOR MD MCDANIEL COLLEGE C -4405 4462747 1.00000 1 WMC DEVELOPMENT LAND HOLDING CORPORATION 2 COLLEGE HILL WESTMINSTER MD 21157 320236158 LAND HOLDING COMPANY MD WMC DEVELOPMENT CORPORATION C 35850 330291 1.00000 1 CHARITABLE REMAINDER TRUST (4) INVESTMENT TRUST MD N/A T 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 WMC DEVELOPMENT CORPORATION A 309298 COST