2022-05-13T14:38:34-05:00 2021-06-30 520959934 ELLIN & TUCKER CHARTERED 400 EAST PRATT ST SUITE 200 BALTIMORE MD 21202 990 2020-07-01 520591641 NOTRE DAME OF MARYLAND UNIVERSITY INC NOTR 4105325370 4701 N CHARLES STREET BALTIMORE MD 212102404 VICTORIA WASHINGTON CONTROLLER 4105325370 2022-05-13 1 VICTORIA WASHINGTON 999009999 ELISABETH J DEMBECK P01062953 4107275735 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z MARYLOU YAM 4701 N CHARLES STREET BALTIMORE MD 212102404 69791498 0 X WWW.NDM.EDU X 1957 MD EMBRACING THE VISION OF THE FOUNDERS, THE SCHOOL SISTERS OF NOTRE DAME, THE UNIVERSITY PROVIDES A LIBERAL ARTS EDUCATION IN THE CATHOLIC TRADITION. 25 25 740 100 65261 0 9196514 14178219 46556559 43717771 4368252 3628897 0 0 60121325 61524887 12363434 11849186 0 0 24399426 22744981 0 0 1192843 19814254 19434739 56577114 54028906 3544211 7495981 137890589 157479372 40643508 35707432 97247081 121771940 X NOTRE 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. 0 0 23072735 42071943 NOTRE 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 127TH ACADEMIC YEAR. 11849186 11849186 INSTITUTIONAL ADVANCEMENT - SCHOLARSHIP AND FUNDRAISING TO ENHANCE THE STUDENT EXPERIENCE. 2947047 1579840 AUXILARY ENTERPRISES INCLUDE ROOM AND BOARD, USE OF FACILITIES, AND "A CHILD'S PLACE" AN INTERNATIONAL PRE-SCHOOL AND KINDERGARTEN. 37868968 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2763 0 1 740 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X VICTORIA WASHINGTON 4105325370 4701 N CHARLES STREET BALTIMORE MD 212102404 PATRICIA MCLAUGHLIN TRUSTEE - CHAIR 5.00 X 0 0 0 HEATHER KLINK TRUSTEE - VICE CHAIR 5.00 X 0 0 0 MARY NOEL ALBERS TRUSTEE 5.00 X 0 0 0 KATHLEEN BERES TRUSTEE 5.00 X 0 0 0 LAUREN CELLUCCI TRUSTEE 5.00 X 0 0 0 PATRICK CIMEROLA TRUSTEE 5.00 X 0 0 0 CATHRYN CURIA TRUSTEE 5.00 X 0 0 0 NANCY GILCHRIEST TRUSTEE 5.00 X 0 0 0 THOMAS GALLOWAY TRUSTEE 5.00 X 0 0 0 PATRICK HUGHES TRUSTEE 5.00 X 0 0 0 JOHN KEENAN TRUSTEE 5.00 X 0 0 0 OWEN KNOTT TRUSTEE 5.00 X 0 0 0 CHARMAINE KROHE TRUSTEE 5.00 X 0 0 0 WILLIAM MCCARTHY TRUSTEE 5.00 X 0 0 0 PATRICIA MURPHY TRUSTEE 5.00 X 0 0 0 JANESE F MURRAY TRUSTEE 5.00 X 0 0 0 ANTHONY O'BRIEN TRUSTEE 5.00 X 0 0 0 STEPHANIE REID TRUSTEE 5.00 X 0 0 0 MARY ELLEN RUSSELL TRUSTEE 5.00 X 0 0 0 JUDITH SCHAUM TRUSTEE 5.00 X 0 0 0 ROBERT SCOTT PHD TRUSTEE 5.00 X 0 0 0 VERNON WRIGHT TRUSTEE 5.00 X 0 0 0 MARK FENSTER TRUSTEE 5.00 X 0 0 0 SYDNEY MILLER TRUSTEE 5.00 X 0 0 0 JAMES W CONSTABLE TRUSTEE 5.00 X 0 0 0 SEAN DELANEY VP FOR FINANCE & ADMIN 50.00 X 176808 0 16710 MARYLOU YAM PRESIDENT 50.00 X 344696 0 11759 S SHARON SLEAR SSND PROVOST/VPAA 50.00 X 177418 0 11150 SCOTT BRIELL VP FOR ENROLLMENT MANAGEMENT 50.00 X 183197 0 3051 KELLY KILDUFF VPIA 50.00 X 164024 0 11079 ANNE LIN DEAN-SCHOOL OF PHARMACY 50.00 X 241758 0 28783 JAMES CULHANE PROFESSOR-SCHOOL OF PHARMA 50.00 X 147824 0 19670 KATHRYN WISSER PROFESSOR-SCHOOL OF PHARMA 50.00 X 142693 0 2606 PAUL VITALE PROFESSOR-SCHOOL OF PHARMA 50.00 X 155910 0 14347 SUZAN HARKNESS ASSCO. VPAA 50.00 X 139234 0 2279 1873562 0 121434 34 0 1 0 SAGE DINING SERVICES INC 1402 YORK ROAD LUTHERVILLE MD 21093 FOOD SERVICE 1114314 EAB GLOBAL INC 1920 E PARHAM RD RICHMOND VA 23228 CONSULTANTS 789718 JOHN WILEY & SONS INCWES LOCKBOX 1415 W 22ND ST STE 400 OAK BROOK IL 60523 ONLINE PROGRAM THIRD PARTY 719218 ABM JANITORIAL SERVICES-MID-ATLANTIC LOCKBOX 787401 PHILLADELPHIA PA 19178 JANITORIAL SERVICE 681853 ORBIS EDUCATION SERVICES LLC 301 PENNSLVANIA PKWY STE 400 INDIANAPOLIS IN 46280 EDUCATIONAL PARTNERSHIP 574827 9 10517821 3660398 14178219 TUITION AND FEES 611310 42071943 42071943 AUXILIARY ENTERPRISES 611310 1645828 1579840 65988 43717771 2351398 -727 2352125 9544110 8266611 1277499 1277499 1277499 61524887 43651783 65261 3629624 11849186 11849186 1046143 779029 230722 36392 17982338 13390876 3965927 625535 3915 2496 1250 169 2435700 1553106 777688 104906 1276885 814196 407693 54996 54502 46040 7007 1455 90495 76445 11634 2416 69304 69304 64303 54319 8267 1717 385787 84959 287597 13231 340960 194009 137400 9551 1189323 913985 234561 40777 24223 18633 5590 68718 54813 13884 21 1348074 1310740 37334 4126201 3698939 360134 67128 14105 11252 2411 442 CONTRACTED SERVICES 3624715 798243 2702160 124312 EXPENSE FROM 3RD PARTY 3573967 36411 3527569 9987 BAD DEBT EXPENSE 1203617 12262 1187991 3364 LIBRARY 973853 822653 125197 26003 2282592 1346376 865775 70441 54028906 37868968 14967095 1192843 468655 3719435 1756362 1706068 2602053 2380331 5045733 4852089 9980 28906 748100 992113 164187438 94085082 72858943 70102356 36917521 51709356 17483242 21988718 137890589 157479372 4748375 5101816 984060 2516263 25662477 24709869 843398 788500 2383008 1549963 6022190 1041021 40643508 35707432 X 47570075 58776104 49677006 62995836 97247081 121771940 137890589 157479372 X 7495981 12523402 4505476 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 7099 7099 0 PART II-B, LINE 1: THE 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 2020-2021 IS ALLOCATED TO NONDEDUCTIBLE LOBBYING AND POLITITCAL EXPENDITURES UNDER SECTION 162(E). TOTAL DUES FOR FY 2020-2021 = $59,159. 12% = $7,099. 36917521 2956614 14700145 2440791 424133 51709356 36683769 2441900 271690 2343694 136144 36917521 36113417 1082789 1724767 2237204 36683769 34557378 874264 2760827 2079052 36113417 33982752 797172 3813694 1786240 2250000 34557378 0.25762 0.34115 0.40123 0 0 1306927 1306927 53713901 26485370 27228531 90431523 51066084 39365439 18735087 16533628 2201459 70102356 ALTERNATIVE INVESTMENTS 8399626 C EQUITY MUTUAL FUNDS 35391223 C FIXED INCOME SECURITIES 3928563 C SHORT TERM INVESTMENTS 3989944 C 51709356 INTEREST IN KNOTT PERPERTUAL TRUST 21988718 21988718 REFUNDABLE ADVANCES FROM US GOV'T 1041021 1041021 X 65287201 12523402 4505476 17028878 48258323 69304 13197260 13266564 61524887 40762342 0 40762342 69304 13197260 13266564 54028906 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 4,505,476. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID RECLASSIFICATION FROM REVENUE 11,849,186. INTEREST EXPENSE 1,348,074. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID RECLASSIFICATION FROM REVENUE 11,849,186. INTEREST EXPENSE 1,348,074. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 RACIALLY 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 6 THE 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. EUROPE 0 0 PROGRAM SERVICES STUDY ABROAD EXPENSES 1386 CENTRAL AMERICA/CARIBBEAN 0 0 INVESTMENTS 1627 0 0 0 0 0 0 3013 0 3013 0 0 1 1 1 0 PART III ACCOUNTING METHOD: 1 STUDENT FINANCIAL AID 829 11849186 PART I, LINE 2: THE 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. X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 MARYLOU YAM PRESIDENT 315208 0 0 0 29488 0 5063 0 6696 0 356455 0 0 0 ANNE LIN DEAN-SCHOOL OF PHARMACY 241758 0 0 0 0 0 16389 0 12394 0 270541 0 0 0 SEAN DELANEY VP FOR FINANCE & ADMIN 176808 0 0 0 0 0 2937 0 13773 0 193518 0 0 0 S SHARON SLEAR SSND PROVOST/VPAA 177418 0 0 0 0 0 5242 0 5908 0 188568 0 0 0 SCOTT BRIELL VP FOR ENROLLMENT MANAGEMENT 183197 0 0 0 0 0 2827 0 224 0 186248 0 0 0 KELLY KILDUFF VPIA 164024 0 0 0 0 0 700 0 10379 0 175103 0 0 0 PAUL VITALE PROFESSOR-SCHOOL OF PHARMA 155910 0 0 0 0 0 2096 0 12251 0 170257 0 0 0 JAMES CULHANE PROFESSOR-SCHOOL OF PHARMA 147824 0 0 0 0 0 2417 0 17253 0 167494 0 0 0 PART I, LINE 1A HOUSING 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 3 THE 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 4B THE 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 - $29,488 A MD HEALTH & HIGHER EDUCATION FACILITIES AUTHORITY 520936091 574217722 2010-11-24 REFUND BONDS ISSUED 10/14/98 COST 0 0 0 B MD HEALTH & HIGHER EDUCATION FACILITIES AUTHORITY 520936091 574218KE2 2012-06-25 CONSTRUCT AN ACADEMIC BUILDING 0 0 0 C MD HEALTH & HIGHER EDUCATION FACILITIES AUTHORITY 520936091 574218KH6 2012-06-25 DEFEASANCE OF BONDS ISSUED 10/14/98 0 0 0 A 3560000 11789076 3621532 174095 7993449 2012 1 0 1 1 B 17029269 1325183 210548 15493538 2013 0 0 1 1 C 4695000 4822723 375296 4387350 60077 0 1 1 1 A 0 0 0 0 0.01480 0.01480 0 0 1 B 0 0 0 0 0.01240 0.01240 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 0 1 0 0 0 0 0 1 A 1 B 1 C 1 FORM 990, PART VI, SECTION B, LINE 11B THE 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 12C ALL 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 15 THE 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 19 THE 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 4,505,476. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS PROCESS FROM PRIOR YEAR. MARION I & HENRY J KNOTT FUND INC 4501 N CHARLES STREET BALTIMORE MD 21210 521097109 SUPPORT ORG MD 501(C)(3) LINE 12D, III-O N/A 0 THE LOYOLA NOTRE DAME LIBRARY INC 200 WINSTON AVE BALTIMORE MD 21212 520881396 SUPPORT ORG MD 501(C)(3) LINE 12C, III-FI N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0