2025-05-09T12:55:44-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 950 NORTH GLEBE ROAD SUITE 1200 ARLINGTON VA 22203 990 2023-07-01 540573801 MARYMOUNT UNIVERSITY MARY 7035266941 2807 NORTH GLEBE ROAD ARLINGTON VA 22207 LUTHER GRIFFITH INTERIM VP AND TREASURER 7035266941 2025-05-08 1 0 ROBERT WILLIAMS P01345960 5715793002 2025-05-08 2023 2025-03-06 01:10:19Z IRMA BECERRA 2807 NORTH GLEBE ROAD ARLINGTON VA 22207 126877399 0 X WWW.MARYMOUNT.EDU X 1950 VA SEE SCHEDULE O. FOUNDED IN 1950, MARYMOUNT UNIVERSITY IS AN INDEPENDENT, COMPREHENSIVE CATHOLIC UNIVERSITY OFFERING A FULL RANGE OF GRADUATE AND UNDERGRADUATE COURSES AND DEGREE PROGRAMS FOR STUDENTS OF ALL AGES THROUGH ITS MAIN CAMPUS, ITS BALLSTON CAMPUS, AND THROUGH OUTREACH ACTIVITIES IN VIRGINIA. 30 29 1399 27 2985940 302540 13021514 9451116 107928826 110350074 -65236 1814034 962762 5844521 121847866 127459745 28167636 31369353 0 0 51003911 49637116 0 0 1616908 52762772 53649520 131934319 134655989 -10086453 -7196244 257604589 258014016 164034350 170048009 93570239 87966007 X MARYMOUNT IS A NATIONALLY RANKED COMPREHENSIVE CATHOLIC UNIVERSITY, GUIDED BY THE TRADITIONS OF THE RELIGIOUS OF THE SACRED HEART OF MARY, THAT EMPHASIZES INTELLECTUAL CURIOSITY, SERVICE TO OTHERS, AND A GLOBAL PERSPECTIVE. A MARYMOUNT EDUCATION PROMOTES CAREER PREPARATION, AND PROVIDES OPPORTUNITIES FOR PERSONAL AND PROFESSIONAL GROWTH. A STUDENT-CENTERED LEARNING COMMUNITY THAT VALUES DIVERSITY AND FOCUSES ON THE EDUCATION OTHE WHOLE PERSON, MARYMOUNT GUIDES THE INTELLECTUAL, ETHICAL, AND SPIRITUAL DEVELOPMENT OF EACH INDIVIDUAL. 0 0 50924218 0 95685259 THE UNIVERSITY OFFERS A WIDE RANGE OF GRADUATE AND UNDERGRADUATE DEGREE PROGRAMS. EXPENSES INDCLUDE SALARIES AND BENEFITS FOR ALL FACULTY AND STAFF. 31369353 31369353 0 SCHOLARSHIP ALLOWANCES - PROVIDE OPPORTUNITIES FOR THOSE WHO WOULD NOT BE ABLE TO COMPLETE THEIR COLLEGE EDUCATION WITHOUT FINANCIAL ASSISTANCE. 12934696 0 14664815 AUXILIARY SERVICES - PROVIDES HOUSING, FOOD AND HEALTH SERVICES TO RESIDENTIAL STUDENTS. 95228267 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 130 0 1 1399 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 30 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X LUTHER GRIFFITH INTERIM VP AND TREASURER 7039087633 2807 N GLEBE RD ARLINGTON VA 222074224 DR IRMA BECERRA-FERNANDEZ PRESIDENT 40.00 X X 504448 0 77806 PETER CONVERSE CHAIR 1.00 X 0 0 0 MARLEN MALEK VICE CHAIR 1.00 X 0 0 0 CARMELITA TREACY SECRETARY 1.00 X 0 0 0 STEVE CARUTHERS BOARD MEMBER 1.00 X 0 0 0 KATHLEEN CONNELL BOARD MEMBER 1.00 X 0 0 0 MARTINA CROWLEY RSHM BOARD MEMBER 1.00 X 0 0 0 DAVID DACQUINO BOARD MEMBER 1.00 X 0 0 0 MARIA COAKLEY DAVID BOARD MEMBER 1.00 X 0 0 0 ANGELA DIAZ BOARD MEMBER 1.00 X 0 0 0 JAMES DYKE BOARD MEMBER 1.00 X 0 0 0 MICHAEL J HERSHMAN BOARD MEMBER 1.00 X 0 0 0 JAMES L JENNINGS BOARD MEMBER 1.00 X 0 0 0 SAM KHASHMAN BOARD MEMBER 1.00 X 0 0 0 ALEXANDRA KESSLER BOARD MEMBER 1.00 X 0 0 0 YONG KIM BOARD MEMBER 1.00 X 0 0 0 GREGORI LEBEDEV BOARD MEMBER 1.00 X 0 0 0 CATHERINE PATTEN RSHM BOARD MEMBER 1.00 X 0 0 0 LOLA C REINSCH BOARD MEMBER 1.00 X 0 0 0 F KEVIN REYNOLDS BOARD MEMBER 1.00 X 0 0 0 JOHN D ROCKWOOD BOARD MEMBER 1.00 X 0 0 0 JOSE R RODRIGUEZ BOARD MEMBER 1.00 X 0 0 0 MONICA SCHMUDE BOARD MEMBER 1.00 X 0 0 0 JOHN SHOOSHAN BOARD MEMBER 1.00 X 0 0 0 COURTNEY SPAETH BOARD MEMBER 1.00 X 0 0 0 J ANDREW STEELE BOARD MEMBER 1.00 X 0 0 0 PATRICIA MILLER STEIS BOARD MEMBER 1.00 X 0 0 0 THERESA THOMPSON BOARD MEMBER 1.00 X 0 0 0 MARIA TIMONEY RSHM BOARD MEMBER 1.00 X 0 0 0 CLEVIE YOUNGBLOOD RSHM BOARD MEMBER 1.00 X 0 0 0 DR EDWARD H BERSOFF BOARD MEMBER UNTIL JULY 2023 1.00 X 0 0 0 JUSTINE DANDREA POPE BOARD MEMBER UNTIL JULY 2023 1.00 X 0 0 0 JENNIFER W SICILIANO BOARD MEMBER UNTIL JULY 2023 1.00 X 0 0 0 DR HESHAM EL-REWINI PROVOST AND SENIOR VICE PRESIDENT 40.00 X 317445 0 38077 BARRY HARTE VICE PRESIDENT AND TREASURER 40.00 X 295643 0 37221 DENNIS SLON VP OF ADVANCEMENT 40.00 X 286068 0 32314 JILL MCCABE VP OF ATHLETICS AND STUDENT LIFE 40.00 X 146320 0 24690 JUSTIN A PERILLO UNIVERSITY GENERAL COUNSEL 40.00 X 251230 0 25335 JONATHAN M ABERMAN DEAN 40.00 X 187217 0 20290 CARL WHITMAN VP AND CIO 40.00 X 198434 0 15352 COLLEEN RYAN DIRECTOR, ADMIN INFORMATION SERVICES 40.00 X 178158 0 20115 DR RITA A WONG SENIOR RESEARCH CONSULTANT 40.00 X 192280 0 15744 EVAN E LIPP VP OF ENROLLMENT MANAGEMENT 40.00 X 219925 0 23977 2777168 0 330921 85 0 1 0 KEYPATH EDUCATION LLC 1933 MEACHAM RD SCHAUMBURG IL 60173 ONLINE PROGRAM MANAGEMENT 6494816 COLLABORATIVE SOLUTIONS LLC 300 FRANK W BURR BLVD SUITE 36 6 TEANECK NJ 07665 ENTERPRISE CLOUD CONSULTING 1200000 ATTAIN PARTNERS 1650 TYSONS BLVD SUITE 1530 MCLEAN VA 22102 PROFESSIONAL CONSULTING 623815 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 ADMISSION CONSULTANT 615290 GQR GLOBAL MARKETS 316 W 12TH STREET AUSTIN TX 78701 IT CONSULTING 560731 21 1673975 7777141 80202 9451116 TUITION 900099 94214326 94214326 AUXILIARY SERVICE 900099 14664815 14664815 FEES 900099 1470933 1470933 110350074 928857 928857 2858581 0 2858581 2858581 2858581 302831 -582346 885177 885177 885177 EARLY LEARNING ACADEMY INCOME 900099 1007349 1007349 BOOKSTORE 900099 728086 728086 CAMP INCOME 900099 677048 677048 573457 573457 2985940 127459745 110350074 2985940 4672615 31369353 31369353 2213659 1903746 287776 22137 38735480 31451727 6448990 834763 2155931 1775923 318833 61175 900025 314996 573791 11238 5632021 4725499 761068 145454 2574970 1576887 968642 29441 267005 11716 255289 314687 10700 303987 43680 43680 6497634 2336028 3997749 163857 1158646 968064 189607 975 2555396 2186300 315768 53328 2151132 1412012 731796 7324 9956831 8755537 1186861 14433 1237018 1061352 153860 21806 790732 461494 149475 179763 7003237 7003237 9565265 9565265 751697 105819 645878 AUXILIARY SERVICES 2873106 2874543 -1437 MEMBERSHIP DUES 2210879 1483031 668185 59663 BOOKS AND SUBSCRIPTIONS 289202 230330 48748 10124 3408403 213210 3193766 1427 134655989 95228267 37810814 1616908 18556803 17303086 5607711 9802330 16599527 20218950 479077 465331 329655 643239 310175650 133235674 183263306 176939976 18878435 14815256 13099272 17604956 790803 220892 257604589 258014016 13149772 10519625 4400293 4564887 118571540 115819273 20682868 33482215 7229877 5662009 164034350 170048009 X 45222630 28803575 48347609 59162432 93570239 87966007 257604589 258014016 -7196244 1592012 0 X 0 1 X 1 1 1 X 4652997 4843396 10012267 13021514 9451116 41981290 4652997 4843396 10012267 13021514 9451116 41981290 5441696 36539594 1222877 947224 1357029 1377726 3787438 8692294 384443 81683 444485 1001201 2985940 4897752 55571336 540529877 0.65750 0.77950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 248090 0 31977707 849373 3059535 3466403 32420212 49328676 150224 -1051193 16450000 31977707 58426313 414750 -7251539 2243079 17769 49328676 47701014 355870 12456883 2090352 -2898 58426313 46908426 592768 626520 360000 66700 47701014 0.08510 0.44930 0.46560 1 0 10421076 10421076 219528691 72601692 146926999 39944218 36092515 3851703 40281665 24541467 15740198 176939976 ALTERNATIVE (REAL ESTATE) 1602718 F FIXED INCOME 6328460 F CASH AND CASH EQUIVALENTS 133485 F FUNDS HELD IN TRUST BY OTHERS 9540293 F 17604956 LEASE LIABILITY 5037922 U.S. GOVERNMENT GRANTS REFUNDABLE 624087 5662009 PART V, LINE 4: ENDOWMENT FUNDS ARE USED ACCORDING TO THE INTENTIONS OF THE DONORS AT THE TIME THE ENDOWMENT GIFTS ARE MADE. THE UNIVERSITY'S ENDOWMENT FUNDS ARE PRIMARILY TO SUPPORT STUDENT SCHOLARSHIPS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 PUBLISHED THROUGH NEWSPAPER ADVERTISEMENTS AND UNIVERSITY PUBLICATIONS, CATALOGS. ETC. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVED FEDERAL AND STATE GRANTS. 1 STUDENT AID, GRANTS AND OTHER ASSISTANCE 5877 31369353 N/A N/A PART I, LINE 2: THE UNIVERSITY MAINTAINS RECORDS TO ENSURE FINANCIAL AID IS AWARDED TO ELIGIBLE STUDENTS BASED ON CRITERIA IN INDIVIDUAL SCHOLARSHIPS, AS WELL AS FEDERAL REGULATIONS, OR DONOR RESTRICTIONS. FEDERAL GRANTS ARE AWARDED BASED ON FAFSA INFORMATION. X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 DR IRMA BECERRA-FERNANDEZ PRESIDENT 445246 0 59202 0 0 0 70035 0 7771 0 582254 0 0 0 DR HESHAM EL-REWINI PROVOST AND SENIOR VICE PRESIDENT 295238 0 22207 0 0 0 24544 0 13533 0 355522 0 0 0 BARRY HARTE VICE PRESIDENT AND TREASURER 281561 0 14082 0 0 0 23459 0 13762 0 332864 0 0 0 DENNIS SLON VP OF ADVANCEMENT 228155 0 57913 0 0 0 18596 0 13718 0 318382 0 0 0 JUSTIN A PERILLO UNIVERSITY GENERAL COUNSEL 236539 0 14691 0 0 0 12585 0 12750 0 276565 0 0 0 EVAN E LIPP VP OF ENROLLMENT MANAGEMENT 219925 0 0 0 0 0 17923 0 6054 0 243902 0 0 0 CARL WHITMAN VP AND CIO 188434 0 10000 0 0 0 15117 0 235 0 213786 0 0 0 DR RITA A WONG SENIOR RESEARCH CONSULTANT 192280 0 0 0 0 0 15412 0 332 0 208024 0 0 0 JONATHAN M ABERMAN DEAN 187217 0 0 0 0 0 19317 0 973 0 207507 0 0 0 COLLEEN RYAN DIRECTOR, ADMIN INFORMATION SERVICES 178158 0 0 0 0 0 13218 0 6897 0 198273 0 0 0 JILL MCCABE VP OF ATHLETICS AND STUDENT LIFE 130889 0 15431 0 0 0 10930 0 13760 0 171010 0 0 0 PART I, LINE 1A DR. IRMA BECERRA-FERNANDEZ, PRESIDENT, RECEIVES THE USE OF A UNIVERSITY-OWNED PRIVATE DWELLING, INCLUDING CLEANING SERVICES, AS WELL AS A CAR, PURSUANT TO THE TERMS OF HER EMPLOYMENT CONTRACT. THIS BENEFIT WAS NOT TREATED AS TAXABLE COMPENSATION. PART I, LINE 4B THE UNIVERSITY ESTABLISHED AN UNFUNDED AND UNSECURED, NONELECTIVE, NONQUALIFIED DEFERRED COMPENSATION PLAN FOR A KEY EMPLOYEE. IN ORDER TO DEFER COMPENSATION, THE EMPLOYEE IS REQUIRED TO PERFORM THREE YEARS OF CONTINUOUS SERVICE FOR THE UNIVERSITY EXTENDING THROUGH JUNE 30, 2024. THE DEFERRAL AMOUNT IS GREATER OF $34,200 OR AN ANNUALLY DEFERRED AMOUNT BASED ON A PERCENTAGE OF THE KEY EMPLOYEE'S SALARY. CALENDAR YEAR 2023 KEY EMPLOYEE: IRMA BECERRA-FERNANDEZ; $41,412 A VIRGINIA COLLEGE BUILDING AUTHORITY 541249154 9277816F6 2015-04-08 69347511 SEE PART VI 0 0 0 B VIRGINIA COLLEGE BUILDING AUTHORITY 541249154 9277817MO 2015-07-15 67052610 SEE PART VI 0 0 0 A 8785000 69347511 4286750 1250741 63810020 2017 1 0 1 1 B 3255000 67052610 4656213 6658389 1336300 54401708 0 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 X 21 48236 AVERAGE SALE PRICE X MISCELLANEOUS 18 31966 DONOR VALUE 0 0 0 0 PART I, COLUMN (B): COLUMN B REPRESENTS NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1A PER THE BYLAWS, THE EXECUTIVE AND GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES SHALL CONSIST OF THE CHAIR OF THE BOARD, THE VICE CHAIR OF THE BOARD, THE PRESIDENT, THE CHAIRS OF EACH COMMITTEE OF THE BOARD, AND SUBJECT TO THE APPROVAL OF THE BOARD, ONE TRUSTEE APPOINTED BY THE CHAIR OF THE BOARD THAT IS A MEMBER OF THE RELIGIOUS OF THE SACRED HEART OF MARY. SUBJECT TO THE APPROVAL OF THE BOARD, THE CHAIR MAY APPOINT ADDITIONAL TRUSTEES TO THE EXECUTIVE AND GOVERNANCE COMMITTEE. THE CHAIR OF THE BOARD SHALL SERVE AS THE CHAIR OF THE EXECUTIVE AND GOVERNANCE COMMITTEE. WHEN THE BOARD OF TRUSTEES IS NOT IN SESSION, THE EXECUTIVE AND GOVERNANCE COMMITTEE SHALL HAVE AND EXERCISE ALL OF THE POWERS AND AUTHORITY OF THE TRUSTEES, EXCEPT WITH RESPECT TO (I) AMENDING, ALTERING, OR REPEALING ANY OF THE BYLAWS; (II) ELECTING, APPOINTING, OR REMOVING ANY MEMBER OF THE EXECUTIVE AND GOVERNANCE COMMITTEE OR ANY TRUSTEE; (III) AMENDING THE UNIVERSITY'S ARTICLES OF INCORPORATION; (IV) APPROVING OR ADOPTING A PLAN OF MERGER OR CONSOLIDATION; (V) AUTHORIZING THE SALE, LEASE, EXCHANGE, MORTGAGE, OR TRANSFER OF ANY INTEREST IN LAND OR ALL OR SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE UNIVERSITY; (VI) AUTHORIZING THE VOLUNTARY DISSOLUTION OF THE UNIVERSITY OR REVOKING AUTHORIZATION OR PROCEEDINGS THEREFORE; (VII) ADOPTING A PLAN FOR THE DISTRIBUTION OF THE ASSETS OF THE UNIVERSITY; OR (VIII) APPROVING AN ANNUAL BUDGET FOR THE UNIVERSITY AS A WHOLE. FORM 990, PART VI, SECTION B, LINE 11B THE VICE PRESIDENT, FINANCE AND OPERATIONS OF THE UNIVERSITY PRESENTS A DRAFT OF THE FORM 990 TO THE AUDIT COMMITTEE, AS DELEGATED, FOR REVIEW AND RECOMMENDATION. THE AUDIT COMMITTEE VOTES ON THE RECOMMENDATION OF THE FULL BOARD OF THE TRUSTEES, OR THE EXECUTIVE COMMITTEE ON ITS BEHALF, TO ACCEPT THE FORM 990. THE FORM 990 IS THEN FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES CONFLICT OF INTEREST POLICY REQUIRES THE BOARD MEMBERS TO SIGN AND COMPLETE AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE AND STATEMENT AND FILE SUCH STATEMENT WITH THE SECRETARY OF THE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT PRESENTS HER COMPENSATION RECOMMENDATIONS TO THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. HER RECOMMENDATIONS COVER ALL ADMINISTRATIVE OFFICERS (VICE PRESIDENTS) OF THE UNIVERSITY, THERE IS LIMITED USE OF COMPARABLE COMPENSATION DATA. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES IT GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY TO THE PUBLIC UPON REQUEST EITHER AS WRITTEN DOCUMENTS OR BY INSPECTION AT THE BUSINESS OFFICE OF THE UNIVERSITY. THE UNIVERSITY FINANCIAL STATEMENT IS POSTED ON THE ELECTRONIC MUNICIPAL MARKET ACCESS- EMMA. MARYMOUNT NBG GROUND LESSOR LLC 2807 NORTH GLEBE ROAD ARLINGTON VA 22207 540573801 HOLDING RESIDENTIAL PARCEL OF THE UNIVERSITY PROPERTY VA 0 0 MARYMOUNT UNIVERSITY