2022-03-12T08:40:07-06:00 2021-05-31 310905417 VONLEHMAN & COMPANY INC 810 WRIGHTS SUMMIT PARKWAY SUITE 300 FORT WRIGHT KY 41011 990 2020-06-01 610448560 THOMAS MORE UNIVERSITY INC THOM 8593443352 333 THOMAS MORE PARKWAY CRESTVIEW HILLS KY 41017 DR JOSEPH L CHILLO PRESIDENT 8593443513 2022-03-07 1 DR JOSEPH L CHILLO 999009999 THEODORE J FUNK P00002545 8593313300 2022-03-07 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DR JOSEPH L CHILLO 333 THOMAS MORE PARKWAY CRESTVIEW HILLS KY 41017 72448723 0 0928 X WWW.THOMASMORE.EDU X 1921 KY TO DEVELOP AND SUSTAIN CHALLENGING UNDERGRADUATE, GRADUATE, AND PROFESSIONAL PROGRAMS OF STUDY, MARKED BY SUPERIOR TEACHING AND SCHOLARSHIP WITHIN THE CATHOLIC INTELLECTUAL TRADITION. 23 19 770 100 0 0 3258320 11661611 49186008 49702856 1288490 2385772 401270 389236 54134088 64139475 21072105 23007630 0 0 16753410 16826876 0 0 619495 16161808 14245202 53987323 54079708 146765 10059767 61728256 73892801 21318421 18128671 40409835 55764130 X THOMAS MORE UNIVERSITY IS THE CATHOLIC LIBERAL ARTS UNIVERSITY OF THE DIOCESE OF COVINGTON, KENTUCKY. INSPIRED BY THE CATHOLIC INTELLECTUAL TRADITION, WE CHALLENGE STUDENTS OF ALL FAITHS TO EXAMINE THE ULTIMATE MEANING OF LIFE, THEIR PLACE IN THE WORLD, AND THEIR RESPONSIBILITY TO OTHERS. 0 0 43934493 23007630 49702856 FOR 100 YEARS, THOMAS MORE HAS CREATED A UNIVERSITY FOR THE STUDENT WHO WANTS TO BE MORE, DO MORE, SEEK MORE, WIN MORE, ACHIEVE MORE, AND CREATE MORE. SINCE ITS FOUNDING IN 1921, THOMAS MORE HAS PROVIDED A MISSION-DRIVEN, LIBERAL ARTS EDUCATION THAT IS BASED IN THE CATHOLIC INTELLECTUAL TRADITION. STUDENTS LEARN TO HARNESS THE POWER OF HUMAN REASON TO SOLVE PROBLEMS AND DISCOVER TRUTH, WHICH ALLOWS THEM TO BEGIN THE JOURNEY TO BECOME THE PERSON THEY WERE CREATED TO BE. ENTERING INTO THE SECOND CENTURY, IT'S TIME FOR MORE. SERVING MORE THAN 2,000 STUDENTS, THOMAS MORE ASPIRES TO BE THE PREMIER CATHOLIC UNIVERSITY IN THE CINCINNATI/NORTHERN KENTUCKY REGION, TO BUILD UPON THE #1 RANKING FOR LONG TERM GAIN IN KENTUCKY (2019 GEORGETOWN STUDY) AND SHARE WITH THIS GENERATION THE TRANSFORMATIVE POWER OF THE THOMAS MORE EXPERIENCE. 43934493 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 2946 0 770 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 19 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X MARK GOSHORN 8593443356 333 THOMAS MORE PARKWAY CRESTVIEW HILLS KY 410173428 MOST REV ROGER J FOYS CHANCELLOR 0.50 X X 0 0 0 DR JUDITH A MARLOWE CHAIRPERSON/ADJUNCT PROFES 3.00 X X 2100 0 0 JEFFREY C MANDO CHAIR-ELECT 0.50 X 0 0 0 DR JOSEPH L CHILLO PRESIDENT 37.50 X X 282492 0 31288 JEROME R BAHLMANN TRUSTEE 0.50 X 0 0 0 GARY BLANK TRUSTEE 0.50 X 0 0 0 SYDNEY AUTERI STUDENT REP 0.50 X 0 0 0 MICHAEL DEMPSEY TRUSTEE 0.50 X 0 0 0 DR DANIEL ESTERLINE TRUSTEE/PROFESSOR 37.50 X 71348 0 20069 CATHERINE GUILFOYLE TRUSTEE 0.50 X 0 0 0 DALE HENSON TRUSTEE 0.50 X 0 0 0 DR LAURA A KOEHL TRUSTEE 0.50 X 0 0 0 MELISSA A LUEKE TRUSTEE 0.50 X 0 0 0 THOMAS LUEKE TRUSTEE 0.50 X 0 0 0 BRENT J MESSMER TRUSTEE 0.50 X 0 0 0 SR MARY ETHEL PARROTT SND TRUSTEE 0.50 X 0 0 0 PAUL RITTER TRUSTEE 0.50 X 0 0 0 JOAN M ROBINSON TRUSTEE 0.50 X 0 0 0 ANDREW SCHAEFFER TRUSTEE 0.50 X 0 0 0 DANIEL E TOBERGTE TRUSTEE 0.50 X 0 0 0 MSGR GERALD TWADDELL TRUSTEE/PROFESSOR 37.50 X 30206 0 292 WILBERT L ZIEGLER TRUSTEE 0.50 X 0 0 0 DR DONALD SAELINGER TRUSTEE 0.50 X 0 0 0 ROBERT A MUNSON CFO 37.50 X 138552 0 14893 CHARLENE K BARLOW SECRETARY 37.50 X 49339 0 7501 CHRISTOPHER R POWERS VP ENROLLMENT MANAGEMENT 37.50 X 103033 0 17436 ANGELA C CRAWFORD VP DIGITAL, GRADUATE & PROFESSIONAL 37.50 X 103692 0 1298 DR KEVIN P REYNOLDS VP INSTITUTIONAL ADVANCEMENT 37.50 X 109690 0 8472 890452 0 101249 5 0 1 0 ARAMARK SERVICES 333 THOMAS MORE PKWY CRESTVIEW HILLS KY 41017 FOOD & MAINTENANCE SERVICES 1359047 NATIONAL MANAGEMENT RESOURCES CO PO BOX 1224 LAGRANGE GA 30241 MAINTENACE SERVICES 986875 JENZABAR PO BOX 55018 BOSTON MA 02205 IT SERVICE/SOFTWARE 852057 A BOOK COMPANY LLC 2377 PALUMBO DR LEXINGTON KY 40509 BOOK RENTAL 544255 EAB GLOBAL INC 2445 M STREET NW WASHINGTON DC 20037 RECRUITING CONSULTANT 389930 13 43696 4727992 6889923 1415619 11661611 STUDENT TUITION 611710 45731530 45731530 AUXILIARY 611710 3590868 3590868 OTHER 611710 380458 380458 49702856 553227 553227 403059 0 403059 403059 403059 9832236 264514 8240767 23438 1591469 241076 1832545 1832545 31220 43696 45043 -13823 -13823 64139475 49702856 0 2775008 23007630 23007630 16826876 11801257 4592569 433050 4615030 2098799 2387852 128379 905176 705272 199904 211269 124672 86597 374918 311342 63039 537 839844 672715 165475 1654 1722709 1473092 240872 8745 570338 277772 292566 MISCELLANEOUS 2173989 1265406 862365 46218 BOOK RENTAL PROGRAM 799441 799441 UTILITIES 707450 435178 272272 SUPPLIES 673383 570414 102057 912 651655 391503 260152 54079708 43934493 9525720 619495 3453217 2824002 1305089 4022545 2587768 2431810 1518823 2330892 1000448 1218406 64258514 37344338 26425085 26914176 25437826 34150970 61728256 73892801 1944264 2400890 3573119 1264377 14983799 13901978 817239 561426 21318421 18128671 X 11930146 17956590 28479689 37807540 40409835 55764130 61728256 73892801 10059767 5479913 -185385 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 162697 X 0 28354894 1943590 7436904 959759 36775629 26483288 358521 2422662 909577 28354894 26506069 252545 625590 900916 26483288 21363305 4004929 1978481 840646 26506069 19987307 482553 1644840 751395 21363305 0.02000 0.98000 0 0 5070100 5070100 45837187 26143280 19693907 12468145 10352073 2116072 883082 848985 34097 26914176 OTHER LIABILITIES 561426 561426 X 46471416 5479913 45043 5524956 40946460 185385 23007630 23193015 64139475 31117121 45043 45043 31072078 23007630 23007630 54079708 PART III, LINE 4: ART WAS DISPLAYED THROUGHOUT THE UNIVERSITY AND IN FURTHERANCE OF EXEMPT PURPOSE. PART X, LINE 2: THE UNIVERSITY IS A KENTUCKY NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME PURSUANT TO THE INTERNAL REVENUE CODE. THE UNIVERSITY HAS ADOPTED THE PROVISIONS OF THE ACCOUNTING PRONOUNCEMENT RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE UNIVERSITY RECOGNIZED NO INTEREST OR PENALTIES IN THE STATEMENTS OF ACTIVITIES FOR BOTH THE YEARS ENDED MAY 31, 2021 AND 2020. IF THE SITUATION AROSE IN WHICH THE UNIVERSITY WOULD HAVE INTEREST TO RECOGNIZE, IT WOULD RECOGNIZE THIS AS INTEREST EXPENSE AND PENALTIES WOULD BE RECOGNIZED IN OTHER EXPENSES. CURRENTLY, THE PRIOR THREE YEARS ARE OPEN UNDER FEDERAL AND STATE STATUTES OF LIMITATIONS AND REMAIN SUBJECT TO REVIEW AND CHANGE. THE UNIVERSITY IS NOT CURRENTLY UNDER AUDIT NOR HAS IT BEEN CONTACTED BY THESE JURISDICTIONS. BASED ON THE EVALUATION OF THE UNIVERSITY'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR BOTH THE YEARS ENDED MAY 31, 2021 AND 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES 45,043. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 23,007,630. ROUNDING VARIANCE PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES 45,043. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 23,007,630. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 1 1 SCHEDULE E, PART I, LINE 3 WEBSITE AND NEWSPAPER ADVERTISEMENTS SCHEDULE E, PART I, LINE 6 THE AID IN SUPPORT OF THE BACCALAUREATE NURSING PROGRAM WAS SUSPENDED FOR ONE YEAR ON JULY 1, 1998 AND REINSTATED ON JUNE 30, 1999 BY THE DEPARTMENT OF HUMAN HEALTH AND SERVICES. THOMAS MORE UNIVERSITY RECEIVES GRANTS FROM THE U.S. DEPARTMENT OF EDUCATION FEDERAL STUDENT AID AWARDS. GOLF OUTING 35781 23481 12300 12000 10467 8460 ATHLETIC GOLF OUTING 39135 20215 18920 6295 4360 3461 74916 43696 31220 18295 14827 11921 45043 -13823 1 STUDENT AID AND SCHOLARSHIPS 1373 23007630 PART I, LINE 2: ALL STUDENT AID AND SCHOLARSHIPS ARE USED FOR TUITION AND RELATED EXPENSES AT THE UNIVERSITY. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 DR JOSEPH L CHILLO PRESIDENT 257292 0 0 0 25200 0 6302 0 24986 0 313780 0 0 0 PART I, LINE 1A THE PRESIDENT RECEIVES A HOUSING ALLOWANCE THAT IS INCLUDED ON THE PRESIDENT'S W-2 FORM AND REPORTED AS OTHER REPORTABLE COMPENSATION ON SCHEDULE J PART II. STUDENT REPRESENTATIVE TRUSTEE 23860 MERIT BASED SCHOLARSHIPS X 24 1414503 FAIR MARKET VALUE X SUPPLIES 2 1116 FAIR MARKET VALUE 0 1 1 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS PART I, LINE 32B: ALL DONATED SECURITIES ARE TRANSFERRED DIRECTLY TO THE BANK, WHO THEN SELLS THE SECURITIES FOR THE UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7A PERSONS NOMINATED FOR ELECTION TO THE BOARD ARE SELECTED BY THE COMMITTEE ON TRUSTEES, APPROVED BY THE BISHOP AND ELECTED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B PERSONS NOMINATED FOR ELECTION TO THE BOARD ARE SELECTED BY THE COMMITTEE ON TRUSTEES, APPROVED BY THE BISHOP AND ELECTED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS SUBMITTED TO THE FINANCE COMMITTEE FOR REVIEW, THEN IT IS FORWARDED TO THE BOARD FOR THEM TO REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THOMAS MORE UNIVERSITY RECEIVES ANNUALLY AN UPDATED CONFLICT OF INTEREST FORM FROM THE ENTIRE BOARD. THE ORGANIZATION REGULARLY REVIEWS THE CONFLICT OF INTEREST FORMS PRIOR TO A BOARD VOTE AND IF A BOARD MEMEBER IS FOUND TO HAVE A CONFLICT OF INTEREST THEY ARE NOT PERMITTED TO VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE VICE PRESIDENTS EACH PREPARE AN ASSESSMENT OF THEIR PERFORMANCE BASED ON GOALS SET THE PRIOR YEAR. THIS ASSESSMENT IS PROVIDED TO THE PRESIDENT. THE PRESIDENT PREPARES HIS ASSESSMENT. THESE ASSESSMENTS ARE DISCUSSED WITH THE BOARD COMMITTEE CHAIRS WITH WHOM EACH VICE PRESIDENT INTERACTS AS WELL AS THE BOARD CHAIR. COMPENSATION IS THEN DETERMINED. THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE CHAIRPERSON OF THE BOARD IN CONSULTATION WITH THE EXECUTIVE COMMITTEE AFTER A SIMILAR PROCESS. THE FINAL COMPENSATION IS RATIFIED BY THE EXECUTIVE COMMITTEE OF THE BOARD. THE UNIVERSITY ROUTINELY MONITORS HOW THOMAS MORE UNIVERSITY SALARIES COMPARE TO PEER INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE UNIVERSITY'S FINANCE COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF IT'S FINANCIAL STATEMENTS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.