2021-05-17T15:28:27-05:00 2020-06-30 341897225 HILL BARTH & KING LLC 3838 TAMIAMI TRAIL NORTH SUITE 200 NAPLES FL 34103 990 2019-07-01 030482006 AVE MARIA UNIVERSITY INC AVEM 2392802500 5050 AVE MARIA BLVD AVE MARIA FL 34142 EUGENE MUNIN VP FINANCE/CFO 2392802500 2021-05-15 1 DARBY BEAVERSON P01262805 2392632111 2021-05-15 2019 2022-09-23 18:48:47Z EUGENE MUNIN 5050 AVE MARIA BLVD AVE MARIA FL 34142 55086235 0 X WWW.AVEMARIA.EDU X 2002 FL UNIVERSITY EDUCATION GROUNDED IN THE TRADITIONS AND FAITH OF THE ROMAN CATHOLIC CHURCH 23 20 910 42 0 0 11961791 10059654 34313179 35640003 7147830 17162 204260 -99065 53627060 45617754 14751908 15853583 0 0 16824292 15981219 0 0 2319362 22268912 22169214 53845112 54004016 -218052 -8386262 235120449 227969836 61904290 62582209 173216159 165387627 X FOUNDED IN FIDELITY TO CHRIST AND HIS CHURCH IN RESPONSE TO THE CALL OF VATICAN II FOR GREATER LAY WITNESS IN CONTEMPORARY SOCIETY, AVE MARIA UNIVERSITY EXISTS TO FURTHER TEACHING, RESEARCH, AND LEARNING AT THE UNDERGRADUATE AND GRADUATE LEVELS IN THE ABIDING TRADITION OF CATHOLIC THOUGHT IN BOTH NATIONAL AND INTERNATIONAL SETTINGS. THE UNIVERSITY TAKES AS ITS MISSION THE SPONSORSHIP OF A LIBERAL ARTS EDUCATION CURRICULUM DEDICATED, AS ARTICULATED IN THE APOSTOLIC CONSTITUTION EX CORDE ECCLESIAE, TO THE ADVANCEMENT OF HUMAN CULTURE, THE PROMOTION OF DIALOGUE BETWEEN FAITH AND REASON, THE FORMATION OF MEN AND WOMEN IN THE INTELLECTUAL AND MORAL VIRTUES OF THE CATHOLIC FAITH, AND TO THE DEVELOPMENT OF PROFESSIONAL AND PRE-PROFESSIONAL PROGRAMS IN RESPONSE TO LOCAL AND SOCIETAL NEEDS. 0 0 43359890 15853583 35453410 OPERATING A UNIVERSITY DEDICATED TO INSTRUCTING AND TRAINING INDIVIDUALS TOWARDS A BACCALAUREATE, MASTERS OR DOCTORATE DEGREE. 1,140 STUDENTS WERE SEEKING DEGREES AT AMU DURING THE FALL 2019-2020 SCHOOL YEAR. 43359890 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 65 0 910 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 20 0 0 1 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 0 0 AK KS NH OR KY LA MA MD MO WA X X EUGENE MUNIN 2392801674 5050 AVE MARIA BLVD AVE MARIA FL 34142 BARBARA B HENKELS TRUSTEE EMERITUS 2.00 X 0 0 0 BERNADETTE LUCA TRUSTEE 2.00 X 0 0 0 BISHOP FRANK J DEWANE TRUSTEE, EX OFFICIO 2.00 X 0 0 0 DANIEL N MEZZALINGUA TRUSTEE EMERITUS 2.00 X 0 0 0 DEACON JOHN JARVIS TRUSTEE 2.00 X 0 0 0 DENZIL SAMUELS TRUSTEE 2.00 X 0 0 0 DONNA M BRADT TRUSTEE 2.00 X 0 0 0 EDWARD W EASTON TRUSTEE (THRU JAN 2020) 2.00 X 0 0 0 EUGENE MUNIN VP FINANCE/CFO 40.00 1.00 X X 182881 0 0 GLORY L SULLIVAN TRUSTEE EMERITUS 2.00 X 0 0 0 GUY SMITH TRUSTEE (THRU AUG 2020) 2.00 X 0 0 0 H JAMES TOWEY TRUSTEE/AMU PRESIDENT (THRU JAN 2020) 40.00 X X 467634 0 32260 JENNIFER KASTROLL TRUSTEE 2.00 X 0 0 0 JOHN V TIPPMANN SR TRUSTEE EMERITUS 2.00 X X 0 0 0 JOSEPH C CANIZARO TRUSTEE EMERITUS 2.00 X 0 0 0 KEVIN C RHOADES TRUSTEE 2.00 X 0 0 0 LEIGH-ANNE KAZMA TRUSTEE 2.00 X 0 0 0 LOUIS ARGENTA DR TRUSTEE 2.00 X 0 0 0 MARY L DEMETREE TRUSTEE 2.00 X 0 0 0 MICHAEL SCHWARTZ TRUSTEE 2.00 X 0 0 0 MICHAEL TO TIMMIS TRUSTEE/CHAIRMAN (THRU APR 2020) 10.00 X X 0 0 0 PATRICK T RAINEY TRUSTEE/CHAIRMAN 2.00 X X 0 0 0 PAUL R RONEY TRUSTEE 2.00 X 0 0 0 SEAN PATRICK CARDINAL O'MALLEY TRUSTEE 2.00 X 0 0 0 THOMAS P PRINCE TRUSTEE 2.00 X 0 0 0 THOMAS S MONAGHAN TRUSTEE/CHANCELLOR 5.00 X X 0 0 0 WALTER KNYSZ JR DDS TRUSTEE 2.00 X 0 0 0 ANTHONY D'AGOSTINO TRUSTEE 2.00 X 0 0 0 CHRISTOPHER G FAHEY TRUSTEE 2.00 X 0 0 0 CHRISTOPHER P ICE TRUSTEE/AMU PRESIDENT (BEG. FEB 2020) 40.00 X X 0 0 0 BRENT JOHNSON VP ENROLLMENT 40.00 X 202973 0 0 RATCHAPOL DEJTHAI VP IT/CIO 40.00 X 197512 0 0 ROGER NUTT VP ACADEMIC AFFAIRS 40.00 X 208249 0 0 GABRIEL X MARTINEZ BUSINESS INST. ASSOC. PROF 40.00 X 152600 0 0 PATRICK J O'CONNELL PRINCIPAL GIFT OFFICER 40.00 X 168659 0 0 MICHAEL A DAUPHINAIS ASSOC. THEOLOGY PROFESSOR 40.00 X 147190 0 0 SEANA C SUGRUE POLITICAL SCIENCE PROFESSO 40.00 X 129902 0 0 KIMBERLY M KING VP STUDENT AFFAIRS 40.00 X 136947 0 0 CYNTHIA A NELSON SENIOR DIRECTOR, PRINCIPAL GIFTS & PROGRAMS 40.00 X 146911 0 0 PETER S WHALEN ASSOC PROF MKTG & ENTREPRENEURSHIP 40.00 X 146863 0 0 2288321 0 32260 27 0 1 0 HILL BARTH & KING LLC 3838 TAMIAMI TRAIL NORTH NAPLES FL 34103 AUDIT, TAX, AND CONSULTING SERVICES 116500 TOBIN & REYES PA 225 NE MIZNER BLVD SUITE 510 BOCA RATON FL 33432 LEGAL SERVICES 102474 2 629844 2732600 6697210 710609 10059654 TUITION AND FEES 611710 24181244 24181244 FACULTY AND STUDENT HOUSING 531110 10745033 10745033 MISCELLANEOUS PROGRAM REVENUE 611710 630148 630148 EVENTS & TRAINING 611710 83373 83373 AMU PRESS CO-PRODUCTION 511110 205 205 35640003 352732 352732 8335 8335 86594 0 86594 86594 86594 8878763 9214333 -335570 -335570 -335570 63926 629844 137336 -73410 -73410 182821 116812 66009 66009 CHANGE IN SPLIT INT AGREEMENT 611710 -186593 -186593 -186593 45617754 35453410 0 104690 15853583 15853583 1658751 1176814 350462 131475 11495066 8814069 1680937 1000060 289638 231740 38773 19125 1637079 12348 1624731 900685 730111 118717 51857 228042 228042 490355 5707 475207 9441 25988 19638 6350 420637 320738 99681 218 159420 157575 400 1445 1144807 857625 157380 129802 668607 495983 129024 43600 748 748 3581267 2664763 711967 204537 633026 540868 52052 40106 273905 167883 4875 101147 3417696 2529095 683539 205062 5199219 3847423 1039843 311953 671743 533946 105998 31799 MEALS 2855804 2823559 26662 5583 BAD DEBT EXPENSE 622708 36356 586352 LIBRARY AND ACADEMIC SU 488807 388207 100600 DUES & SUBSCRIPTIONS 388572 313165 57504 17903 897863 857584 32380 7899 54004016 43359890 8324764 2319362 34415370 14117179 2594603 1633418 1672302 885594 1219817 740362 93380 93499 444814 395802 240867144 55812106 188281950 185055038 3385677 22182445 3012536 2866499 235120449 227969836 2433457 1954952 57740000 56495000 574451 3066191 1156382 1066066 61904290 62582209 X 154125602 144779262 19090557 20608365 173216159 165387627 235120449 227969836 -8386262 557730 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 6094420 506913 50972 128766 6523539 5718670 172466 401817 198533 6094420 5231058 126500 511623 150511 5718670 4634086 277709 468499 149236 5231058 2871410 1779191 20430 36945 4634086 0.81340 0.18660 0 0 10072143 10072143 203229697 38149685 165080012 240421 240421 0 13168864 9022276 4146588 14156019 8399724 5756295 185055038 GIFT ANNUITIES PAYABLE 1066066 1066066 29589238 557730 1672753 2230483 27358755 51224 18207775 18258999 45617754 38731765 254148 254148 38477617 51224 15475175 15526399 54004016 PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO USE ANNUAL INVESTMENT INCOME TO SUPPORT SCHOLARSHIPS AND PROGRAMS ACCORDING TO THE FUND'S DESIGNATED PURPOSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD FUNDRAISING EVENTS EXPENSES RELATED PARTY REVENUE FROM CONSOLIDATED FINANCIALS PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND ALLOWANCES RELATED PARTY CONTRIBUTION PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS EXPENSES COST OF GOODS SOLD PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND ALLOWANCES PART III, LINE 4: THE UNIVERSITY HAS ASSEMBLED A COLLECTION OF RARE AND HISTORICAL RELIGIOUS AND PHILOSOPHICAL BOOKS AND MANUSCRIPTS WHICH ARE USED FOR SCHOLARLY RESEARCH BY BOTH UNDERGRADUATE AND GRADUATE STUDENTS. THESE COLLECTIONS ARE ALSO MADE AVAILABLE TO VISITING SCHOLARS AND RESEARCHERS. IN ADDITION TO ITS BOOKS AND MANUSCRIPT COLLECTION, THE UNIVERSITY ALSO OWNS A SMALL COLLECTION OF RELIGIOUS ART AND ARTIFACTS THAT ARE ON PUBLIC DISPLAY AND ARE USED TO FURTHER ITS MISSION AS A UNIVERSITY IN THE CATHOLIC TRADITION, BRINGING SOCIAL AND SPIRITUAL BENEFITS TO ITS STUDENTS AND STAFF. PART V ENDOWMENT CALCULATIONS HAVE BEEN UPDATED TO FOLLOW THE ACCOUNTING STANDARDS UPDATE (ASU) 2016-14 AS ISSUED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB). 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THESE POLICIES ARE PUBLISHED IN CATALOGS DESCRIBING THE INSTITUTIONS COURSE OFFERINGS AND EMPLOYMENT ADVERTISEMENTS. SCHOLARSHIP DINNER 577008 532832 44176 124374 SE MICHIGAN SCHOLARSHIP DINNER 79937 70487 9450 2 36825 26525 10300 12962 693770 629844 63926 137336 137336 -73410 1 GENERAL SCHOLARSHIP GRANTS ARE AWARDED TO QUALIFIED STUDENTS ATTENDING AVE MARIA UNIVERSITY. 1140 15853583 FMV AS SEMESTER CLASSES BEGIN SCHEDULE I, PART I, LINE 2 THE OFFICE OF FINANCIAL AID DETERMINES A STUDENT'S ELIGIBILITY BASED ON THE FAMILY'S FINANCIAL STRENGTH, WHICH INCLUDES CONSIDERATION OF FAMILY INCOME AND ASSETS, NUMBER OF CHILDREN IN COLLEGE AND, IF APPROPRIATE, SPECIAL CIRCUMSTANCES. FINANCIAL AID WILL BE REVOKED WITHOUT ADEQUATE PROGRESS. X 0 0 X X X X 0 0 0 0 0 0 0 0 0 EUGENE MUNIN VP FINANCE/CFO 181840 0 0 0 1041 0 0 0 0 0 182881 0 0 0 H JAMES TOWEY TRUSTEE/AMU PRESIDENT (THRU JAN 2020 439275 0 0 0 28359 0 0 0 32260 0 499894 0 0 0 BRENT JOHNSON VP ENROLLMENT 176385 0 0 0 26588 0 0 0 0 0 202973 0 0 0 RATCHAPOL DEJTHAI VP IT/CIO 171385 0 0 0 26127 0 0 0 0 0 197512 0 0 0 ROGER NUTT VP ACADEMIC AFFAIRS 188126 0 0 0 20123 0 0 0 0 0 208249 0 0 0 GABRIEL X MARTINEZ BUSINESS INST. ASSOC. PROF 133254 0 0 0 19346 0 0 0 0 0 152600 0 0 0 PATRICK J O'CONNELL PRINCIPAL GIFT OFFICER 161592 0 0 0 7067 0 0 0 0 0 168659 0 0 0 PART I, LINE 1A THE UNIVERSITY PRESIDENT IS PROVIDED A RESIDENCE NEAR CAMPUS AS AN ORDINARY AND NECESSARY EXPENSE TO BE ACCESSIBLE AND AVAILABLE TO FACULTY, ADMINISTRATION, AND STUDENTS. A COLLIER CNTY EDUCATIONAL FACILITIES AUTHORITY 650915682 19463TAL0 2013-07-11 8105000 REFUND OF PRIOR BOND ISSUE 0 0 0 B COLLIER CNTY EDUCATIONAL FACILITIES AUTHORITY 650915682 19463TAE6 2013-07-11 8215000 REFUND OF PRIOR BOND ISSUE 0 0 0 C COLLIER CNTY EDUCATIONAL FACILITIES AUTHORITY 650915682 19463TAM8 2013-07-11 5230000 REFUND OF PRIOR BOND ISSUE 0 0 0 D COLLIER CNTY EDUCATIONAL FACILITIES AUTHORITY 650915682 19463TAF3 2013-07-11 5500000 REFUND OF PRIOR BOND ISSUE 0 0 0 A 4020000 1 0 1 1 B 1 0 1 1 C 1 0 1 1 D 1 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 1 0 0 0 0 0 B 1 0 0 0 0 0 C 1 0 0 0 0 0 D 1 0 0 0 0 0 A 0 B 0 C 0 D 0 A COLLIER CNTY EDUCATIONAL FACILITIES AUTHORITY 650915682 19463TAG1 2013-07-11 14290000 REFUND OF PRIOR BOND ISSUE 0 0 0 B COLLIER CNTY EDUCATIONAL FACILITIES AUTHORITY 650915682 19463TAN6 2013-07-11 19175000 REFUND OF PRIOR BOND ISSUE 0 0 0 A 1 0 1 1 B 1 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 1 0 0 0 0 0 B 1 0 0 0 0 0 A 0 B 0 AVE MARIA DEVELOPMENT THOMAS S. MONAGHAN IS AN OFFICER AND TRUSTEE OF AMU AND A 50% OWNER OF AMD 41156 AMU MAKES PAYMENTS TO AMD FOR RENTED SPACE FOR THE CAMPUS STORE AND ENROLLMENT CENTER. 0 X 172747 FMV AT TIME OF GIFT X 13 537862 FMV AT TIME OF GIFT 0 1 0 FORM 990, PART III, LINE 1 (MISSION STATEMENT CONTINUED) AS AN INSTITUTION COMMITTED TO CATHOLIC PRINCIPLES, THE UNIVERSITY RECOGNIZES THE IMPORTANCE OF CREATING AND MAINTAINING AN ENVIRONMENT IN WHICH FAITH INFORMS THE LIFE OF THE COMMUNITY AND TAKES EXPRESSION IN ALL ITS PROGRAMS. THE UNIVERSITY RECOGNIZES THE CENTRAL AND INDISPENSABLE ROLE OF THE ORDINARY OF THE DIOCESE OF VENICE IN PROMOTING AND ASSISTING IN THE PRESERVATION AND STRENGTHENING OF THE UNIVERSITY'S CATHOLIC IDENTITY. FORM 990, PART VI, SECTION A, LINE 1 THE BOARD BYLAWS ALLOW THE BOARD TO CONFER "TRUSTEE EMERITUS" STATUS ON ANY BOARD MEMBER WHO HAS SERVED FOR 8 YEARS AND HAS REACHED THE AGE OF 65. THEY ARE ALLOWED TO ATTEND MEETINGS AND PARTICIPATE IN DISCUSSIONS BUT NOT VOTE. FORM 990, PART VI, SECTION A, LINE 4 AMENDMENTS TO THE ORGANIZATIONAL BYLAWS AS NEEDED TO PROPERLY REFLECT THE ORGANIZATIONS OPERATIONS. THE AMENDMENTS WERE REVIEWED AND APPROVED BY THE BOARD ON NOVEMBER 13, 2020. FORM 990, PART VI, SECTION A, LINE 8B SOME, BUT NOT ALL COMMITTEES OF THE BOARD TAKE AND RETAIN MINUTES. HOWEVER, NOTES ARE TAKEN FOR THE PLENARY MEETINGS OF THE BOARD AND ALL MOTIONS AND PASSED RESOLUTIONS ARE DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 11B THE CFO OF THE UNIVERSITY REVIEWS THE FORM 990 PRIOR TO SIGNING. THE RETURN IS ALSO MADE AVAILABLE TO ANY BOARD MEMBER, IF THEY REQUEST IT. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE DIRECTED TO ANNUALLY COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH THE RESPONSIBLE PERSON IS INVOLVED WHERE THE RESPONSIBLE PERSON BELIEVES THERE COULD BE AN ACTUAL OR APPARENT CONFLICT OF INTEREST. RESPONSIBLE PERSON SHALL SUPPLEMENT THE STATEMENT WHENEVER NECESSARY TO KEEP THE ORGANIZATION INFORMED. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES REVIEWED AND APPROVED THE COMPENSATION AND DECISION MAKING PROCESS WHEN DETERMINING THE COMPENSATION FOR ITS PRESIDENT. THE SALARY WAS COMPARED TO OTHER PRESIDENTS OF PEER UNIVERSITIES USING THE CHRONICLE FOR HIGHER EDUCATION DATABASE. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS REQUIRED TO BE AVAILABLE TO THE PUBLIC MAY BE REVIEWED DURING NORMAL WORKING HOURS AT THE AVE MARIA UNIVERSITY ADMINISTRATIVE OFFICE IN AVE MARIA FLORIDA BY APPOINTMENT. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. AVE MARIA COLLEGE 5050 AVE MARIA BLVD AVE MARIA FL 34142 383415373 AVE MARIA COLLEGE CEASED OPERATIONS 6/30/07 AND MOVED TO AVE MARIA, FL MI 501(C)(3) SEC 170(B)(1)(A) AMU OWNS 100 OF AMC STOCK 0 AVE MARIA UNIVERSITY LAND TRUST 5050 AVE MARIA BLVD AVE MARIA FL 34142 200154974 SUPPORTING ORGANIZATION TO AVE MARIA UNIVERSITY FL 501(C)(3) 509(A)(3) 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 AVE MARIA UNIVERSITY LAND TRUST INC S 2732600 FMV