2021-05-26T13:13:19-07:00 2020-07-31 990 2019-08-01 720408946 LOYOLA UNIVERSITY NEW ORLEANS LOYO 5048653149 6363 St Charles Avenue New Orleans LA 70118 Carol Markowitz SVP/Chief Operating Officer 5048653960 2021-05-26 2019 2022-09-23 18:48:47Z Carol Markowitz 6363 St Charles Avenue New Orleans LA 70118 235708527 0 0928 X www.loyno.edu X 1912 LA Loyola University New Orleans, a Jesuit and Catholic institution of higher education, welcomes students of diverse backgrounds and prepares them to lead meaningful lives with and for others; to pursue truth, wisdom, and virtue; and to work for a more just world. Inspired by Ignatius of Loyola's vision of finding God in all things, the university is grounded in the liberal arts and sciences, while also offering opportunities for professional studies in undergraduate and selected graduate programs. Through teaching, research, creative activities, and service, the faculty, in cooperation with the staff, strives to educate the whole student and to benefit the larger community. 34 32 2549 170 143121 -12351 11657890 13540057 152120766 157693498 20129129 8923466 871038 572233 184778823 180729254 73641817 81422815 0 0 57047914 58398508 51500 36000 2356351 40007511 41062644 170748742 180919967 14030081 -190713 515765291 507723751 208981765 203966020 306783526 303757731 Loyola University New Orleans, a Jesuit and Catholic institution of higher education, welcomes students of diverse backgrounds and prepares them to lead meaningful lives with and for others; to pursue truth, wisdom, and virtue; and to work for a more just world. Inspired by Ignatius of Loyola's vision of finding God in all things, the university is grounded in the liberal arts and sciences, while also offering opportunities for professional studies in undergraduate and selected graduate programs. Through teaching, research, creative activities, and service, the faculty, in cooperation with the staff, strives to educate the whole student and to benefit the larger community. 0 0 161511754 81422815 157743053 Loyola University New Orleans is a private, Catholic, Jesuit comprehensive university, open to students of all faiths. Loyola has 4,548 students - 3,223 undergraduate; 635 graduate students; 75 Doctoral students; 568 law students; and 47 continuing education students. The university is comprised of five colleges: Business, Arts and Sciences, Law, Music and Media and Nursing and Health; Loyola also offers a variety of online programs. Loyola offers 115 undergraduate degrees/tracks, and 37 graduate and professional programs, and 25 certificate programs. 0 0 0 N/A 0 0 0 161511754 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 X 5818 0 1 2549 1 1 1 1 CJ EI UK 0 0 1 1 1 1 0 1 1 0 0 0 0 0 X 34 32 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Carol Markowitz 5048653144 6363 St Charles Ave New Orleans LA 70118 Tania Tetlow President 37.5 0 X 548641 0 32782 Lydia Voigt Distinguished University Professor 0 0 X 355534 0 13395 Madeleine Landrieu Dean College of Law 37.5 0 X 310583 0 13311 Maria Calzada Interim Provost 37.5 0 X 241918 0 29117 Thomas Screen General Counsel 37.5 0 X 212455 0 27896 Maria Lopez Pabon Former Dean College of Law 37.5 0 X 219656 0 19275 Sarah Kelly SVP Enrollment Management & Student Life 37.5 0 X 216489 0 22103 Robert Verchick Professor 37.5 0 X 201462 0 28829 Kern Maass Dean College of Music & Media 37.5 0 X 191140 0 28560 Christopher Wiseman VP University Advancement 37.5 0 X 197664 0 17663 Michael Capella Dean College of Business 37.5 0 X 192675 0 20810 Lawrence Moore SJ Former Dean College of Law 37.5 0 X 160120 0 42432 Maria Isabel Medina Professor 37.5 0 X 184640 0 17339 Luis F Miron Former Dean of College Social Sciences 0 0 X 167535 0 10669 Georgia Gresham Professor 0 0 X 164010 0 10618 Patricia Pearce Former Dean Graduate and Professional Studies 0 0 X 160745 0 10571 Laurie Anne Ferguson Dean College of Nursing/Health 37.5 0 X 157803 0 10902 Uriel Quesada Dean College of Arts and Sciences 37.5 0 X 141050 0 15979 Carol Markowitz SVP/Chief Operating Officer 37.5 0 X 127979 0 17633 Dennis Cuneo Chair 1 0 X X 0 0 0 Anne Gauthier Vice Chair 1 0 X X 0 0 0 Rev Gregory Waldrop SJ Secretary/Treasurer 37.5 0 X X 0 0 0 Peggy Adams Board Member 1.00 0 X 0 0 0 Rev Michael Barber SJ Board Member 1 0 X 0 0 0 Michie Bissel Board Member 1 0 X 0 0 0 Janet Boles Board Member 1 0 X 0 0 0 Steve Cosse Board Member 1 0 X 0 0 0 Rev John Cunningham SJ Board Member 1 0 X 0 0 0 Rev Paul J Fitzgerald SJ Board Member 1 0 X 0 0 0 Sally Forman Board Member 1 0 X 0 0 0 Rev Michael Garanzini SJ Board Member 1 0 X 0 0 0 S Derby Gisclair Board Member 1 0 X 0 0 0 Ryan Haas Board Member 1 0 X 0 0 0 Morton Katz Board Member 1 0 X 0 0 0 Stephen Kent Board Member 1 0 X 0 0 0 Stephen Landry Board Member 1 0 X 0 0 0 Robert LeBlanc Board Member 1 0 X 0 0 0 Jim Meza Board Member 1 0 X 0 0 0 Henry Munoz III Board member 1 0 X 0 0 0 Sean O'Keefe Board Member 1 0 X 0 0 0 Bernard Panetta Board Member 1 0 X 0 0 0 Rev Mario Torres Rivera SJ Board Member 1 0 X 0 0 0 William Roberti Board Member 1 0 X 0 0 0 Scott Rodger Board Member 1 0 X 0 0 0 Robert Savoie Board Member 1 0 X 0 0 0 Leah Schlater-Brown Board Member 1 0 X 0 0 0 Rhonda Sharkawy Board Member 1 0 X 0 0 0 Michael Skehan Board Member 1 0 X 0 0 0 Stephanie Stokes Board Member 1 0 X 0 0 0 Rev Jeffrey von Arx SJ Board member 1 0 X 0 0 0 Sharonda R Williams Board Member 1 0 X 0 0 0 Rev Jeremy Zipple SJ Board Member 1 0 X 0 0 0 4152099 0 389884 97 1 1 0 Sodexo 6363 St Charles Ave Box 243 New Orleans LA 70118 Food Service 8432021 CollegeDegrees com 801 Congress St Suite 400 Houston TX 77002 Educational Services 2562882 Witt Fiala Flannery and Associates PO Box 958204 St Louis MO 63195 Janitorial 1189724 Ruffalocody Holdings LLC PO Box 718 Des Moines IA 50303 Educational Consulting Services 539568 Adams and Reese 701 Poydras Street Suite 4500 New Orleans LA 70139 Legal Services 380860 36 0 0 49805 0 4360462 9129790 1671927 13540057 157693498 157693498 0 0 157693498 2765857 0 0 2765857 0 0 0 0 0 0 0 0 35400 0 0 0 35400 0 35400 0 0 35400 61106678 0 54949069 0 6157609 0 6157609 0 0 6157609 30205 49805 30204 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 Recreation Center 713940 67614 0 67614 0 Facility Rentals 532000 75507 0 75507 0 393711 49555 0 344156 536832 180729254 157743053 143121 9303023 0 0 81422815 81422815 0 0 0 0 2979234 1863622 899853 215759 0 0 0 0 46158682 37900148 7216446 1042088 0 0 0 0 5970085 4762695 1051983 155407 3290507 2638143 572571 79793 0 0 0 0 542049 0 542049 0 111165 0 111165 0 0 0 0 0 36000 36000 0 0 0 0 4755840 3975617 732408 47815 2218706 2142286 74360 2060 1847155 1323826 327093 196236 3099256 836364 2144189 118703 1993 1993 0 0 4506117 4097052 364068 44997 1522802 1344538 136339 41925 0 0 0 0 782992 578945 80895 123152 8470679 7241097 1094328 135254 0 0 0 0 5803847 5397577 361580 44690 2614946 2372848 215467 26631 Book Expenses 1181692 1146861 21593 13238 Educational/Student Services 581865 314172 248916 18777 Equipment/Maintenance 1874307 1783023 79309 11975 Bad Debt 749783 0 749783 0 397450 368132 27467 1851 180919967 161511754 17051862 2356351 9272306 2855785 29487858 32153901 6159397 6091605 3741272 2374543 0 0 0 0 2535000 1956382 544568 559674 2050433 988151 333363322 95570738 241691969 237792584 219470840 222139478 0 0 0 0 0 0 811648 811648 515765291 507723751 14870244 14599233 0 0 11491358 6083593 175435091 176541966 0 0 0 0 0 0 0 0 7185072 6741228 208981765 203966020 X 149008037 144688940 157775489 159068791 306783526 303757731 515765291 507723751 X -190713 -2834958 0 0 0 -124 X 0 1 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 1 0 0 0 1 0 0 0 0 0 Schedule C, Part II-B, Line 1 University monitors any and all legislative, or executive, activity that would impact the institution, or its students, in any fashion. 215076000 3149000 5593000 6581000 4706000 0 212531000 221789000 3507000 6894000 5924000 3360000 7830000 215076000 225833000 13088000 18816000 5376000 17067000 13505000 221789000 245852000 1758000 20681000 4770000 23037000 14651000 225833000 277176000 1997000 -639000 5067000 17121000 10494000 245852000 0.35 0.44 0.21 0 0 0 8988559 8988559 0 311029811 86711680 224318131 0 0 0 0 0 11285066 8859058 2426008 0 2059886 0 2059886 237792584 0 Refundable Loan Program 5239640 Funds Held for Others 294110 Pension Benefits Payable 913997 Annuities Payable 293481 6741228 X 103605970 -2834957 0 0 0 -2834957 106440927 0 74288327 74288327 180729254 103960692 0 0 0 123 123 103960569 0 76959398 76959398 180919967 Schedule D, Part V, Line 1f Administrative Expenses include university non-operating, non-recurring expenses. Schedule D, Part V, Line 4 Endowment resources are used for non-operating expenses. Schedule D, Part X, Line 2 N/A Schedule D, Part XI, Line 4b Scholarships and investment return decreased by the portion of cumulative net depreciation designated for current operations. Schedule D, Part XII, Line 2d Annuity adjustments, past sessions, and other non-recurring expenses. Schedule D, Part XII, Line 4b Scholarships 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Owing to the broad resident, geographic distribution of the student body it is not feasible to publish in every newspaper in every resident, geographic region of the student body. Schedule E, Part I, Line 6 Students that qualify receive federal and state need-based assistance. Central America and the Caribbean 0 1 Program Services Study Abroad 146278 0 1 146278 0 0 0 0 0 0 X X X X X X X 1 2 Dukes Media 700 S Peters Street Suite 307 New Orleans LA 70130 Fundraising 0 179000 36000 143000 179000 36000 143000 AK AZ CO DC MA MS NH NY OR WA 1912 Society Dinner 73700 46695 27005 0 0 0 22325 1200 3479 Advocacy Center Tournament 6310 3110 3200 0 0 0 0 0 3200 0 80010 49805 30205 0 0 0 22325 1200 6679 30204 1 1 Scholarships and other types of financial assistance are monitored through internal transfer of the funds within the university. 3352 81422815 0 FMV Schedule I, Part I, Line 2 Scholarships and other types of financial assistance are monitored through internal transfer of funds within the university. X X X 1 1 X 1 0 0 0 0 0 0 0 0 Maria Calzada Dean College of Arts and Sciences 241918 0 0 0 0 0 0 0 29117 0 271035 0 0 0 Michael Capella Dean College of Business 192675 0 0 0 0 0 0 0 20810 0 213485 0 0 0 Laurie Anne Ferguson Dean College of Nursing/Health 157803 0 0 0 0 0 0 0 10902 0 168705 0 0 0 Sarah Kelly VP Enrollment Management/Student Life 216489 0 0 0 0 0 0 0 22103 0 238592 0 0 0 Madeleine Landrieu Dean College of Law 310583 0 0 0 0 0 0 0 13311 0 323894 0 0 0 Kern Maass Dean College of Music & Media 191140 0 0 0 0 0 0 0 28560 0 219700 0 0 0 Carol Markowitz SVP/Chief Operating Officer 127979 0 0 0 0 0 0 0 17633 0 145612 0 0 0 Uriel Quesada Dean College of Arts and Sciences 141050 0 0 0 0 0 0 0 15979 0 157029 0 0 0 Tania Tetlow President 472641 0 76000 0 0 0 0 0 32782 0 581423 0 0 0 Christopher Wiseman VP University Advancement 197664 0 0 0 0 0 0 0 17663 0 215327 0 0 0 Georgia Gresham Professor 0 0 0 0 164010 0 0 0 10618 0 174628 0 0 0 Maria Isabel Medina Professor 184640 0 0 0 0 0 0 0 17339 0 201979 0 0 Thomas Screen General Counsel 212455 0 0 0 0 0 0 0 27896 0 240351 0 0 0 Robert Verchick Professor 201462 0 0 0 0 0 0 0 28829 0 230291 0 0 0 Lydia Voigt Distinguished University Professor 0 0 0 0 355534 0 0 0 13395 0 368929 0 0 0 Luis F Miron Former Dean of College of Social Sciences 0 0 0 0 167535 0 0 0 10669 0 178204 0 0 0 Lawrence Moore SJ Former Dean College of Law 160120 0 0 0 0 0 0 0 42432 0 202552 0 0 0 Maria Lopez Pabon Former Dean College of Law 219656 0 0 0 0 0 0 0 19275 0 238931 0 0 0 Patricia Pearce Former Dean of Graduate and Professional Studies 11000 0 0 0 149745 0 0 0 10571 0 171316 0 0 0 Schedule J, Part I, Line 1a Spousal Travel of key employees is reimbursed if considered for fund-raising activities, public relations or development Schedule J, Part I, Line 3 The Executive Committee of the Board of Trustees chaired by the Board Chairperson deliberates to determine the President's compensation. Each member of the compensation-setting body is a disinterested party. Schedule J, Part I, Line 4 Schedule J, Part I, Line 4 - Georgia Gresham - $164,010; Lydia Voigt - $355,534; Luis Miron - $167,535; Patricia Pearce - $149,745 were made under a University Sponsored Voluntary Severance program. A Louisiana Public Facilitties Authority 720895871 546398P44 2011-10-19 128452335 Construction 0 0 0 B Louisiana Public Facility Authority 720895871 546398P85 2017-01-26 86624585 Refunding of 2010 and 2011 series 0 0 0 A 43945000 0 128452335 0 0 0 1297957 0 0 127154378 0 0 2015 0 0 1 1 B 5020000 0 86624585 0 0 35532805 1190579 0 0 0 49901201 0 2017 0 1 0 1 A 0 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 Schedule K, Part I, Column b-10/19/2011 128,452,335 Louisiana Public Facilitties Authority THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW Schedule K, Part IV, Line 2c-10/19/2011 128,452,335 Louisiana Public Facilitties Authority A REBATE CALCULATION WAS PERFORMED ON APRIL 13, 2020. X 14 1671927 FMV X Miscellaneous Donations 158 0 FMV 3 0 1 1 Schedule M, Part I, Line 32b OneCause online auction software and broker Morgan Stanley. Schedule M, Part I, Line 33 The FMV of the donated items is immaterial to the financial condition of the university. Form 990, Part V, Line 4b Cayman Islands, Ireland, and United Kingdom. Form 990, Part VI, Section A, Line 6 All members in good standing of the Society of Jesus who are members of the Jesuit Community of Loyola University New Orleans and who hold full-time or part-time positions at Loyola University New Orleans and who have held such positions for one academic year shall be eligible for membership in the Corporation, Membership in the Corporation shall consist of not fewer than three nor more than twenty-five persons who fulfill these qualifications. Such members shall be elected in the manner and for the term hereinafter provided by those persons eligible for membership under this Article and shall serve the stipulated term or until their earlier death, resignation or failure to meet all the qualifications for membership. Form 990, Part VI, Section A, Line 7a The sole rights and duties of members shall be a: to elect annually such members of the Board of Trustees as are provided in these Articles; b: to receive annually a report from the President; c: to determine the dissolution of the Corporation and the distribution of its assets, consistent with the terms of Article V hereof; d: to amend the Articles and By-Laws of the Corporation in the manner specified in Article IX; and E: to fix and determine by majority vote the number of Trustees to shall constitute the whole Board of Trustees. The composition of the Board of Trustees shall be at all times such that more than twenty-two percent of the total membership of the Board of Trustees, but not more than sixty percent of said Board, shall be composed of members in good standing of the Society of Jesus. Form 990, Part VI, Section A, Line 7b The Board of Trustees shall exercise the corporate powers prescribed by law. The essential function of the Board shall be policy making and responsibility for sound management. It shall formulate and determine the general, educational and financial policies as shall be deemed necessary for the administration and development of the Corporation in accordance with its shared purposes. The Board shall create committees of the Board and Ad-Hoc Committees as it may deem necessary, or a desire to carry out the purposes of the corporation, each of which shall have such powers and responsibilities as the Board of Trustees shall designate. Nothing shall be considered to negate the power of the President to establish administrative committees, visiting committees, counsels and other bodies as he/she may deem necessary or desirable to aid him/her in the performance of his/her duties. Form 990, Part VI, Section B, Line 11b The Audit Committee reviews the Form 990 and recommends the review as an action item to the Board of Trustees. The Form 990 is posted on the Board of Trustees website for review. In addition, the Form 990 is reviewed by an independent accounting firm prior to its submission to the Board of Trustees. Form 990, Part VI, Section B, Line 12c Under the Conflict of Interest Policy, each Trustee is required when initially elected, and annually thereafter, to acknowledge in writing that he or she has reviewed this Policy and is complying with it, in letter and in spirit; when initially elected, and annually thereafter, to complete a Disclosure Statement. An amendment statement must be filed promptly in the event of a material change in circumstances, and to disclose actual or potential conflicts of interest at any time when he or she becomes aware of them. The Board of Trustees are responsible for disseminating the Policy and for collecting signed Disclosure Statements at the time a Trustee is first elected. Completed Disclosure Statements will be sent to the President. Annually, the Board disseminates the Policy and Annual Disclosure Statements will be sent to the President. Annually, the Board disseminates the Policy and Annual Disclosure Statements to all Trustees in June. Completed Disclosure Statements are due to the University by mid-July of each year and are reviewed by the University's counsel. Form 990, Part VI, Section B, Line 15 President's Compensation, the Executive Committee of the Board of Trustees chaired by the Board Chairperson, deliberates to determine the President's compensation. Each member of the compensation-setting body is a disinterested party. Jesuit members of the Executive Committee recuse themselves from the salary deliberations. Salary data obtained from the Association of Colleges and University Personnel Administrators, the Association of Jesuit Colleges and Universities and an executive search firm database is used to determine compensation comparability. The decision of the compensation-setting body including terms of compensation, the date approved, members of the compensation-setting body present during the discussion of the compensation and voting member, comparability data relied on and the source of the data and an affirmation that all members were free of any conflict of interest is documented and retained by the Secretary of the Board of Trustees. Key Employee Compensation is determined upon hiring by the university President or Provost, depending on the organization status of the key employee making a salary determination with the party involved. The President or Provost uses salary data obtained from the Association of Colleges and University Personnel Administrators, the Association of Jesuit Colleges and Universities and an executive search firm database to determine compensation comparability. On a regular basis the Executive Committee of the Board reviews the compensation of key employees. All compensation adjustments, such as merit increases are documented in the Performance Evaluation and reviewed for reasonableness and industry comparability via budget analysis. Form 990, Part VI, Section C, Line 18 The IRS Forms 990 and 990-T are made available to the public upon request. A copy of each is also on file at the University's library. Form 990, Part VI, Section C, Line 19 Form 990 and 990-T are made available to the public upon request. A copy of each is also on file at the university's library. The Annual financial report, conflict of interest policy, and other governing documents are also made available to the public upon request. Form 990, Part XI, Line 9 Annuity adjustments, past sessions, and other non-recurring expenses. N/A