2025-02-13T10:44:23-06:00 2024-05-31 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2023-06-01 520591694 MCDANIEL COLLEGE INC MCDA 4108572218 2 COLLEGE HILL WESTMINSTER MD 211574303 JULIANNE JASKEN PRESIDENT 4108572218 2025-02-10 1 1 KERRI N BOGDA CPA P00760402 7177404863 2025-02-10 2023 2025-03-06 01:10:19Z JULIANNE JASKEN 2 COLLEGE HILL WESTMINSTER MD 211574303 139673156 0 X WWW.MCDANIEL.EDU X 1867 MD STUDENTS ARE THE FOCUS AT MCDANIEL AND PROVIDING THE IDEAL LEARNING ENVIRONMENT IS OUR GOAL. 35 35 920 52 539436 0 15018225 15946597 106736258 106822460 5242483 7085197 416532 350781 127413498 130205035 55974358 54785036 0 0 36077449 37897773 0 0 2529741 37518301 37482336 129570108 130165145 -2156610 39890 228894809 247790413 51898909 49278521 176995900 198511892 X MCDANIEL COLLEGE IS A DIVERSE STUDENT-CENTERED COMMUNITY COMMITTED TO EXCELLENCE IN THE LIBERAL ARTS & SCIENCES AND PROFESSIONAL STUDIES WITH CAREFUL MENTORING AND ATTENTION TO THE INDIVIDUAL, MCDANIEL CHANGES LIVES. WE CHALLENGE STUDENTS TO DEVELOP THEIR UNIQUE POTENTIAL WITH REASON, IMAGINATION, AND HUMAN CONCERN, THROUGH FLEXIBLE ACADEMIC PROGRAMS, COLLABORATIVE AND EXPERIENTIAL LEARNING, AND GLOBAL ENGAGEMENT, MCDANIEL PREPARES STUDENTS FOR SUCCESSFUL LIVES OF LEADERSHIP, SERVICE, AND SOCIAL RESPONSIBILITY, 0 0 92194618 45472035 79932329 UNDERGRADUATE PROGRAM OF STUDY: 1,601 FULL TIME STUDENT EQUIVALENCY.MCDANIEL COLLEGE HAS A LONG HISTORY AS A SMALL PRIVATE COLLEGE OF THE LIBERAL ARTS, MCDANIEL OFFERS COURSES OF STUDY IN MORE THAN 70 AREAS, INCLUDING PRE-PROFESSIONAL PROGRAMS, TEACHING CERTIFICATION, AND OFF-CAMPUS PROGRAMS. STUDENTS MAY PURSUE TRADITIONAL, DUAL, OR DOUBLE MAJORS, OR DESIGN THEIR OWN COURSE OF STUDY.THE AVERAGE CLASS SIZE IS 17 STUDENTS; THE STUDENT-FACULTY RATIO IS 13:1, MCDANIEL HAS 124 FULL-TIME FACULTY; 94 PERCENT HOLD TERMINAL DEGREES IN THEIR DISCIPLINES, ALL COURSES AND LABORATORIES ARE TAUGHT BY REGULAR FACULTY MEMBERS, NOT TEACHING ASSISTANTS, THE COLLEGE OFFERS COUNTLESS OPPORTUNITIES FOR OFF-CAMPUS STUDY BOTH WITHIN THE UNITED STATES AND OVERSEAS, AMONG THEM: STUDY IN BUDAPEST, HUNGARY THROUGH AN AGREEMENT WITH COLLEGE INTERNATIONAL WHICH FOLLOWS MCDANIEL'S CURRICULUM.MCDANIEL IS ACCREDITED BY THE COMMISSION ON HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS. 19668185 8765178 17669636 AUXILARY SERVICES: DINING HALL SERVICES FOR 1,217 STUDENTS AND RESIDENCE HALL SERVICES FOR 1,318 STUDENTS.RESIDENCE HALL - AT MCDANIEL, FIRST, SECOND AND THIRD YEAR STUDENTS ALL LIVE ON CAMPUS, IN FACT, ALL STUDENTS ARE GUARANTEED HOUSING FOR ALL FOUR YEARS, EXCEPTIONS TO THE RESIDENCY REQUIREMENTS ARE MADE FOR THOSE WHO LIVE NEARBY WITH THEIR PARENTS, ARE MARRIED, OR ARE OVER AGE 24 OR PART TIME.YOU'LL FIND A RANGE OF OPTIONS, INCLUDING CLASSIC DORM STYLE ARRANGEMENTS AND APARTMENT SUITES, STAFFED BY FRIENDLY AND CAPABLE RESIDENT ASSISTANTS, WHO ARE SUPERVISED BY PROFESSIONAL STAFF, ALL RESIDENCES ARE WIRED FOR CABLE AND THE INTERNET.DINING HALL - AT MCDANIEL, STUDENTS HAVE A WIDE RANGE OF DINING CHOICES, CHOSEN FROM A VARIETY OF MEAL PLANS DESIGNED FOR DORM, APARTMENT, OR COMMUTER STUDENT LIVING, ALL DINING LOCATIONS ARE WITHIN WALKING DISTANCE AND OFFER EXTENSIVE HOURS. 11063354 547823 9220495 GRADUATE PROGRAM OF STUDY - FULL TIME STUDENT EQUIVALENCY 928.THE MISSION OF GRADUATE AND PROFESSIONAL STUDIES IS TO PREPARE CULTURALLY COMPETENT PROFESSIONALS COMMITTED TO LEADERSHIP IN THEIR FIELD, STUDENTS ARE PLACED IN THE CENTER OF A COMMUNITY RICH IN THE LIBERAL ARTS TRADITION, AN EMPHASIS ON THE FOUNDATION OF KNOWLEDGE ANDCRITICAL DECISION MAKING BASED ON CURRENT RESEARCH, THEORY AND PRACTICE ARE CENTRAL TO THE VARIOUS PROGRAMS.TWO GRADUATE DEGREES ARE GRANTED BY MCDANIEL COLLEGE: THE MASTER OF LIBERAL ARTS, AND THE MASTER OF SCIENCE. MCDANIEL COLLEGE IS ACCREDITED BY THE COMMISSION ON HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS. THE SCHOOL IS ALSO ACCREDITED BY THE AMERICAN CHEMICAL SOCIETY, COUNCIL ON SOCIAL WORK EDUCATION, NATIONAL COUNCIL FOR ACCREDITATION OF TEACHER EDUCATION AND THE MARYLAND STATE DEPARTMENT OF EDUCATION.MCDANIEL COLLEGE GRADUATE AND PROFESSIONAL STUDIES DOES MORE THAN PREPARE TEACHERS, ADMINISTRATORS, COUNSELORS, AND A HOST OF EDUCATIONAL SPECIALISTS. AT MCDANIEL, YOU WILL FIND PROFESSIONAL PROGRAMS IN EXERCISE SCIENCE, GERONTOLOGY, AND HUMAN RESOURCE MANAGEMENT. 122926157 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 0 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 1 1 1 0 0 1 3625 0 920 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 35 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO DC FL GA IL KS KY ME MD MA MI MN NV NH NJ NM NY NC OH OK OR PA RI SC TN UT VA WA WV WI X JULIE FISHER CONTROLLERTREASURER 4108572218 2 COLLEGE HILL WESTMINSTER MD 211574303 BRUCE H PRESTON CHAIR 1.00 0.00 X X 0 0 0 MARY LYNN DURHAM VICE CHAIR 1.00 0.00 X X 0 0 0 CHARLES BOEHLKE JR TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM BUTZ TRUSTEE 1.00 0.00 X 0 0 0 MARK CARTER TRUSTEE 1.00 0.00 X 0 0 0 RANDALL M DAY TRUSTEE 1.00 0.00 X 0 0 0 JAMES FRANCIS TRUSTEE 1.00 0.00 X 0 0 0 RALPH O FRITH TRUSTEE 1.00 0.00 X 0 0 0 DARRELL T GUYTON TRUSTEE 1.00 0.00 X 0 0 0 MARTIN KP HILL TRUSTEE 1.00 0.00 X 0 0 0 SAM HOPKINS TRUSTEE 1.00 0.00 X 0 0 0 STEVEN D KESLER TRUSTEE 1.00 0.00 X 0 0 0 KAREN LAMONT TRUSTEE 1.00 0.00 X 0 0 0 KEITH LAWSON TRUSTEE 1.00 0.00 X 0 0 0 JAMES E LIGHTNER TRUSTEE 1.00 0.00 X 0 0 0 JULIE LUCAS TRUSTEE 1.00 0.00 X 0 0 0 MILLARD MAZER TRUSTEE 1.00 0.00 X 0 0 0 JILL MENNICKEN TRUSTEE 1.00 0.00 X 0 0 0 ALBERT J MEZZANOTTE JR TRUSTEE 1.00 0.00 X 0 0 0 VIRGINIA MILLER TRUSTEE 1.00 0.00 X 0 0 0 CHARLES E MOORE JR TRUSTEE 1.00 0.00 X 0 0 0 DAVID MOSKOWITZ TRUSTEE 1.00 0.00 X 0 0 0 CHRISTOPHER C NEWMAN TRUSTEE 1.00 0.00 X 0 0 0 WALTER OLSON TRUSTEE (AS OF 10/23) 1.00 0.00 X 0 0 0 BOB PICK TRUSTEE (AS OF 5/24) 1.00 0.00 X 0 0 0 WILLIAM RODGERS TRUSTEE 1.00 0.00 X 0 0 0 DEBBIE SEIDEL TRUSTEE 1.00 0.00 X 0 0 0 BARBARA SHELTON TRUSTEE 1.00 0.00 X 0 0 0 AARON SLAUGHTER TRUSTEE 1.00 0.00 X 0 0 0 SUE STEVENSON TRUSTEE 1.00 0.00 X 0 0 0 PATRICK STOKES TRUSTEE 1.00 0.00 X 0 0 0 BARBARA A THOMAS TRUSTEE 1.00 0.00 X 0 0 0 ANNE VOSE TRUSTEE 1.00 0.00 X 0 0 0 JAMES H YATES TRUSTEE 1.00 0.00 X 0 0 0 CARROLL L YINGLING TRUSTEE 1.00 0.00 X 0 0 0 ERIC DEZENHALL TRUSTEE (UNTIL 12/23) 1.00 0.00 X 0 0 0 JULIANNE JASKEN PRESIDENT 40.00 0.00 X 400886 0 69879 ERIC SIMON VP ADMIN & FINANCE 40.00 0.00 X 242260 0 22289 JULIE FISHER TREASURER 40.00 0.00 X 126366 0 27400 ANDREW CUNNINGHAM ASSISTANT TREASURER 40.00 0.00 X 75444 0 21432 ERIN BENEVENTO SECRETARY 40.00 0.00 X 81498 0 13100 ANDREA PHILLIPS ASSISTANT SECRETARY 40.00 0.00 X 52121 0 127 JANELLE HOLMBOE VP ENROLLMENT MANAGEMENT 40.00 0.00 X 238211 0 39551 WENDY MORRIS PROVOST 40.00 0.00 X 156107 0 21700 VICKIE MAZER DEAN OF GRADUATE & PROF STUDIES 40.00 0.00 X 173721 0 18127 DAVE SEARS VP INSTITUTIONAL ADVANCEMENT 40.00 0.00 X 237516 0 39555 LAWRENCE JUNKIN SENIOR AVP OF IA 40.00 0.00 X 171484 0 17254 CAROLYN HOJNOWSKI AVP OF DEVELOPMENT 40.00 0.00 X 147960 0 29440 KEVIN MCINTYRE PROF. OF ECON. & BUSINESS ADMIN. 40.00 0.00 X 188549 0 19328 MATTHEW RAMSEY GRAD. CHAIR & HUMAN SVCS COORD. 40.00 0.00 X 176495 0 18251 CHRISTINE MORAN AVP STUDENT SUCCESS 40.00 0.00 X 157419 0 34671 2626037 0 392104 36 0 1 0 ARAMARK MANAGEMENT SERVICES 1101 MARKET STREET PHILADELPHIA PA 19107 PHYSICAL PLANT 3486130 CAMPUS WORKS INC 1767 LAKEWOOD RANCH BLVD 305 BRADENTON FL 34211 IT SERVICES 2295427 HENRY H LEWS CONTRACTORS 55 GWYNN MILL COURT OWINGS MILLS MD 21117 BUILDING CONTRACTOR 887595 CYGNINI LLC 1516 KELLY STREET OCEANSIDE CA 92054 STUDENT RECRUITING 514938 INTERFINISH 7471 CANDLEWOOD ROAD HANOVER MD 21076 BUILDING CONTRACTOR 469911 14 13411 7468295 8464891 168663 15946597 TUITION & FEES - UNDERGRADUATE 611600 79932329 79932329 SALES/SVCS OF AUX. ENTERPRISES 721310 17669636 17130200 539436 TUITION & FEES - GRADUATE 611600 9220495 9220495 106822460 3221241 3221241 133488 335333 -201845 -201845 -201845 12974470 9110514 3863956 3863956 3863956 18468 13411 22274 -3806 -3806 PARKING FINES/FEES 900099 258050 258050 BAD DEBT RECOVERY 900099 114529 114529 TUITION CONTRACT FEES 900099 73250 73250 110603 110603 556432 130205035 106283024 539436 7435978 54762765 54762765 22271 22271 1861825 434921 1245258 181646 28568797 26552748 623550 1392499 1062464 980678 27905 53881 4362453 3963073 170278 229102 2042234 1865061 69425 107748 223365 223365 202573 202573 99175 99175 16541 16541 1877915 1877915 9513875 9163821 119991 230063 1945971 1877936 68035 3570508 3510483 21488 38537 451233 451163 70 2755866 2726681 29185 513448 477050 4603 31795 698402 519187 23482 155733 1598039 1598039 5313314 5313314 701139 701139 SPONSORED PROGRAM 2741206 2741206 REPAIRS/MAINTENANCE 1833791 1830693 3098 DUES AND SUBSCRIPTIONS 1829317 1824828 4489 STUDENT SERVICES 680808 613194 37348 30266 915850 772541 132943 10366 130165145 122926157 4709247 2529741 12057 28712 27644874 26692370 338204 683287 810747 769603 455944 498114 395384 680876 195412249 137596666 56732206 57815583 78993897 92449774 57310161 62252138 546989 333067 5654346 5586889 228894809 247790413 7509107 11198040 2459003 2643514 33856089 31219230 4222164 3707572 3852546 510165 51898909 49278521 X 57396000 60929992 119599900 137581900 176995900 198511892 228894809 247790413 X 39890 21577440 -101338 X 0 1 X 1 1 1 X 9096818 10453597 14136991 15018225 15946597 64652228 9096818 10453597 14136991 15018225 15946597 64652228 64652228 2408446 2087114 2249613 2483657 3354729 12583559 3127 3127 424389 370138 549178 540840 574900 2459445 79698359 513867180 0.81120 0.80520 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: ADVANTAGE REWARD - 2019 AMOUNT: $ 32,004. 2020 AMOUNT: $ 28,300. 2021 AMOUNT: $ 54,857. 2022 AMOUNT: $ 43,487. 2023 AMOUNT: $ 55,355. BAD DEBT RECOVERY - 2021 AMOUNT: $ 89,480. 2022 AMOUNT: $ 101,232. 2023 AMOUNT: $ 114,529. FEES - 2021 AMOUNT: $ 15,856. 2022 AMOUNT: $ 25,125. 2023 AMOUNT: $ 14,626. LATE FEE CHARGE - 2021 AMOUNT: $ 54,915. 2022 AMOUNT: $ 24,325. MISC INCOME - 2019 AMOUNT: $ 141,334. 2020 AMOUNT: $ 129,088. NON-CHARITABLE FUNDRAISING RECEIPTS - 2019 AMOUNT: $ 21,466. 2020 AMOUNT: $ 14,208. 2021 AMOUNT: $ 15,517. 2022 AMOUNT: $ 13,555. 2023 AMOUNT: $ 18,468. PARKING FINES/FEES - 2019 AMOUNT: $ 192,675. 2020 AMOUNT: $ 161,065. 2021 AMOUNT: $ 223,450. 2022 AMOUNT: $ 228,092. 2023 AMOUNT: $ 258,050. TRANSCRIPT FEES - 2019 AMOUNT: $ 36,910. 2020 AMOUNT: $ 37,477. 2021 AMOUNT: $ 37,853. 2022 AMOUNT: $ 35,399. 2023 AMOUNT: $ 40,622. TUITION CONTRACT FEES - 2021 AMOUNT: $ 57,250. 2022 AMOUNT: $ 69,625. 2023 AMOUNT: $ 73,250. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 16541 16541 0 PART II-B, LINE 1: THE ORGANIZATION PAID MEMBERSHIP DUES OF $104,299 TO THE MARYLAND INDEPENDENT COLLEGES AND UNIVERSITIES ASSOCIATION (MICUA), WHICH ENGAGES IN LOBBYING ACTIVITIES. MICUA SET ASIDE 15% OF THE DUES PAID TO ENGAGE IN NON-DEDUCTIBLE LOBBYING AND POLITICAL EXPENDITURES. THE ORGANIZATION ALSO PAID $8,763 TO NAICU WHICH ESTIMATES 8% OF ITS DUES ARE USED FOR LOBBYING. THE ORGANIZATION ALSO PAID $3,000 TO GREATER BALTIMORE COMMITTEE WHICH ESTIMATES 6.5% OF ITS DUES ARE USED FOR LOBBYING. ACCORDINGLY, THE COLLEGE HAS REPORTED AN AMOUNT EQUAL TO 15% OF MICUA MEMBERSHIP, 8% OF NAICU DUES AND 6.5% OF GREATER BALTIMORE COMMITTEE DUES PAID ON LINE 11 OF PART IX, STATEMENT OF FUNCTIONAL EXPENSES. 138133583 1712145 24966204 8699947 156111985 142294568 1929351 2284221 8374557 138133583 170051196 1252325 -10833963 8174990 10000000 142294568 127144128 1521082 49631566 8245580 170051196 128730262 1601425 4439782 7627341 127144128 0.16430 0.48030 0.35540 0 0 2838060 2838060 161290689 114042650 47248039 9443825 7766761 1677064 17264221 13353361 3910860 4575454 2433894 2141560 57815583 AG SUPER FUND 32226 F BLS GLOBAL 7090527 F CASH SURRENDER VALUE - LIFE INSURANCE 156824 F COLCHESTER 2903987 F COMMON FUND 123549 F EFFISSIMO 8924931 F EMERALD CREEK 3331258 F INVESTMENT IN VENTURE LEADING & LEASING IV 17608 F MILLENIUM INTERNATIONAL FUND 8250684 F NAYA 5034684 F NZC GUGGENHEIM 188454 F SOAPSTONE 5505301 F TYBOURNE LONG 5398257 F WESTWOOD EMERGING 6896924 F WELLINGTON 6896924 F KHROM 1500000 F 62252138 REFUNDABLE ADVANCE FROM THE U.S. GOVERNMENT 510165 510165 X 95376877 21577440 -56763205 -35185765 130562642 -357607 -357607 130205035 73862477 357607 357607 73504870 56660275 56660275 130165145 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE INTENDED TO HELP PROVIDE AFFORDABLE EDUCATION TO STUDENTS BY PROVIDING FUNDS FOR FINANCIAL AID AND SUPPORT FOR THE OPERATIONS OF THE COLLEGE. PART X, LINE 2: THE COLLEGE ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE, WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD AT MAY 31, 2024 AND 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT EXPENSES -1,877,915. FINANCIAL AID -54,782,360. ADJUSTMENT OF ACTUARIAL LIABILITY ANNUITIES PAYABLE -102,930. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -335,333. SPECIAL EVENT EXPENSES NETTED WITH REVENUE -22,274. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 335,333. SPECIAL EVENT EXPENSES NETTED WITH REVENUE 22,274. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 54,782,360. INVESTMENT EXPENSES 1,877,915. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE COLLEGE ADVERTISEMENTS COVER THE STATE OF MARYLAND, THE PRIMARY SEGMENT OF OUR GENERAL COMMUNITY. UNDER IRS PROCEDURES 75-50, EXCEPTION 4.03 - 2 (B), THE BALANCE OF OUR STUDENT BODY COMES FROM A LARGE GEOGRAPHICAL AREA. THEY ARE CONTACTED THROUGH VISITS TO HIGH SCHOOLS BY ADMISSIONS COUNSELORS WITH STUDENT PUBLICATIONS. ALL ADVERTISEMENTS, BROCHURES, AND OTHER PRINT MATERIALS STATE THE ORGANIZATION'S RACIAL NONDISCRIMINATORY POLICY. SCHEDULE E, PART I, LINE 6 MCDANIEL RECEIVES GRANTS AND SCHOLARSHIPS FOR FINANCIAL AID FROM THE FEDERAL GOVERNMENT AS WELL AS THE STATE OF MARYLAND. THE FUNDS THAT ARE RECEIVED ARE EARMARKED BY THE GOVERNMENT AGENCY FOR CERTAIN STUDENTS AND THE COLLEGE HAS NO DECISION MAKING POWER OVER THE FUNDS. 1 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 13285368 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 INVESTMENTS 14323188 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES INTERNATIONAL STUDY ABROAD 11900 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES INTERNATIONAL STUDY ABROAD 30633 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES INTERNATIONAL STUDY ABROAD 61208 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES INTERNATIONAL STUDY ABROAD 30633 0 0 0 0 0 0 27742930 0 27742930 FINANCIAL AID EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 1 3698 FINANCIAL AID EAST ASIA AND THE PACIFIC 1 14250 FINANCIAL AID MIDDLE EAST AND NORTH AFRICA 1 4323 1 0 1 1 1 0 PART I, LINE 2: A LIST OF SCHOLARSHIP RECIPIENTS IS ON FILE AT THE INSTITUTION AND IS AVAILABLE ON REQUEST. ALL RECIPIENTS ARE SELECTED ON AN EQUAL, OBJECTIVELY DETERMINABLE BASIS ACCORDING TO THE REQUIREMENTS FOR EACH SCHOLARSHIP AND/OR AID FOR WHICH THE RECIPIENT IS APPLYING. THAT IS, ALL STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS. ALL SCHOLARSHIPS AND FINANCIAL AID HAVE ACADEMIC REQUIREMENTS WHICH THE RECIPIENTS NEED TO MAINTAIN TO CONTINUE RECEIVING AID. STUDENTS DO NOT RECEIVE CASH GRANTS. RATHER, ALL FINANCIAL AID IS TREATED AS A REDUCTION TO TUITION. SCHEDULE F, PART IV, LINES 1, 3, AND 5: THE ORGANIZATION HAD TRANSFERS TO AND AN INTEREST IN A FOREIGN CORPORATION FOR THE YEAR BUT ITS TRANSACTIONS AND HOLDINGS DID NOT EXCEED THRESHOLDS FOR FILING. THE ORGANIZATION ALSO HAD INTERESTS IN FOREIGN PARTNERSHIPS AND DID NOT HAVE ANY TRANSFERS OR TRANSACTIONS WHICH EXCEEDED THE THRESHOLD FOR FILING. THE ORGANIZATION DID NOT INVEST IN ANY PASSIVE FOREIGN INVESTMENT COMPANY WHICH GENERATED A FILING REQUIREMENT. GOLF TOURNAMENT 31879 13411 18468 4854 7597 8796 1027 31879 13411 18468 4854 7597 8796 1027 22274 -3806 1 SCHOLARSHIPS/FELLOWSHIPS 1665 54762765 PART I, LINE 2: A LIST OF SCHOLARSHIP RECIPIENTS IS ON FILE AT THE INSTITUTION AND IS AVAILABLE ON REQUEST. ALL RECIPIENTS ARE SELECTED ON AN EQUAL, OBJECTIVELY DETERMINABLE BASIS ACCORDING TO THE REQUIREMENTS FOR EACH SCHOLARSHIP AND/OR AID FOR WHICH THE RECIPIENT IS APPLYING. THAT IS, ALL STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS. ALL SCHOLARSHIPS AND FINANCIAL AID HAVE ACADEMIC REQUIREMENTS WHICH THE RECIPIENTS NEED TO MAINTAIN TO CONTINUE RECEIVING AID. STUDENTS DO NOT RECEIVE CASH GRANTS. RATHER, ALL FINANCIAL AID IS TREATED AS A REDUCTION TO TUITION. X 1 0 X X X X 0 1 0 0 0 0 0 0 0 JULIANNE JASKEN PRESIDENT 400886 0 0 0 0 0 16500 0 53379 0 470765 0 0 0 JANELLE HOLMBOE VP ENROLLMENT MANAGEMENT 238211 0 0 0 0 0 12644 0 26907 0 277762 0 0 0 DAVE SEARS VP INSTITUTIONAL ADVANCEMENT 237516 0 0 0 0 0 12450 0 27105 0 277071 0 0 0 ERIC SIMON VP ADMIN & FINANCE 242260 0 0 0 0 0 12409 0 9880 0 264549 0 0 0 KEVIN MCINTYRE PROF. OF ECON. & BUSINESS ADMIN. 188549 0 0 0 0 0 5842 0 13486 0 207877 0 0 0 MATTHEW RAMSEY GRAD. CHAIR & HUMAN SVCS COORD. 176495 0 0 0 0 0 8398 0 9853 0 194746 0 0 0 CHRISTINE MORAN AVP STUDENT SUCCESS 157419 0 0 0 0 0 8046 0 26625 0 192090 0 0 0 VICKIE MAZER DEAN OF GRADUATE & PROF STUDIES 173721 0 0 0 0 0 8750 0 9377 0 191848 0 0 0 LAWRENCE JUNKIN SENIOR AVP OF IA 171484 0 0 0 0 0 8817 0 8437 0 188738 0 0 0 WENDY MORRIS PROVOST 156107 0 0 0 0 0 8183 0 13517 0 177807 0 0 0 CAROLYN HOJNOWSKI AVP OF DEVELOPMENT 147960 0 0 0 0 0 7694 0 21746 0 177400 0 0 0 JULIE FISHER TREASURER 126366 0 0 0 0 0 5485 0 21915 0 153766 0 0 0 PART I, LINE 1A PRESIDENT JULIANNE JASKEN IS REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF HER EMPLOYMENT. THE HOUSING IS PROVIDED FOR THE CONVENIENCE OF THE EMPLOYER AND THE LODGING IS FURNISHED ON THE COLLEGE CAMPUS. THE VALUE OF THE HOUSING ALLOWANCE WAS $24,000. THIS AMOUNT HAS NOT BEEN INCLUDED IN THE EMPLOYEE TAXABLE COMPENSATION. THE ABOVE HOUSING ALLOWANCE IS PART OF THE EMPLOYEE'S EMPLOYMENT CONTRACT AND IS THUS NOT SUBJECT TO SUBSTANTIATION REQUIREMENTS. PART I, LINE 4B THE PRESIDENT, JULIANNE JASKEN, AND VP OF ADMINISTRATION AND FINANCE, ERIC SIMON, ARE PARTICIPANTS IN A NON-QUALIFIED PLAN. THEY CONTRIBUTED $33,997.53 AND $2,600, RESPECTIVELY, TO THE PLAN DURING THE FISCAL YEAR. THESE ARE EMPLOYEE CONTRIBUTIONS TO THE PLAN, NO CONTRIBUTIONS WERE MADE BY THE COLLEGE. A CITY OF WESTMINSTER MD 526000811 960733BV4 2016-10-27 38410000 REFINANCE OR REFUND SERIES 2000 AND SERIES 2006 BONDS 0 0 0 A 10670000 43507194 357629 43149565 2016 1 0 1 1 A 0 0 1 1 0 0.01500 0.00000 0.01500 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CITY OF WESTMINSTER, MD DATE THE REBATE COMPUTATION WAS PERFORMED: 02/22/2022 SCHEDULE K, PART I, COLUMN (E) AND PART II, LINE 3: THE PROCEEDS AS LISTED ON PART II, LINE 3, VARIES FROM THE FACE VALUE OF THE BOND ISSUE AS REPORTED ON PART I, COLUMN (E) DUE TO BOND PREMIUM. 38000 TUITION ASSISTANCE TUITION REMISSION BENEFIT X 3 168663 NYSE 0 0 1 0 PART I, COLUMN (B): THE NUMBER LISTED IN COLUMN B FOR LINE 9 REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS FIRST REVIEWED BY THE CFO AND PRESIDENT. ONCE THEY HAVE APPROVED THE FORM 990, IT IS POSTED TO THE BOARD OF DIRECTORS' PORTAL FOR REVIEW. THE FORM 990 IS PART OF THE FEBRUARY 8, 2025 BOARD MEETING AGENDA. THE FORM 990 IS ACCEPTED AT THIS MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MCDANIEL COLLEGE HAS ALL TRUSTEES, KEY EMPLOYEES, AND OFFICERS COMPLETE AN ANNUAL DISCLOSURE STATEMENT FOR CONFLICTS OF INTEREST, TAXPAYER HAS 100% PARTICIPATION WITH THE COMPLETION OF THE STATEMENT, A LIST IS COMPILED, REVIEWED AND ON FILE WITH THE FINANCE AND PRESIDENT'S OFFICE. CONTRACTS AND VENDORS ARE PERIODICALLY REVIEWED AND BIDS ARE OBTAINED AND REVIEWED WITH CONFLICT OF INTEREST AWARENESS. ANY BOARD MEMBER WHO HAS A POSSIBLE CONFLICT OF INTEREST DOES NOT VOTE ON ANY MATTER RELATED TO THE POSSIBLE CONFLICT, THE MINUTES WILL REFLECT THAT A DISCLOSURE WAS MADE, THAT THE MEMBER WITH THE POSSIBLE CONFLICT ABSTAINED FROM VOTING, AND THAT THE MEMBER HAS NOT BEEN INCLUDED IN THE QUORUM. FAMILY AND BUSINESS RELATIONSHIPS ARE EXPRESSLY MENTIONED AS SOURCES OF POTENTIAL CONFLICTS IN THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT (CEO) AND PRESIDENT'S COUNCIL (VPS/PROVOST) COMPENSATION PACKAGES ARE REVIEWED ANNUALLY BY AN EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD, A COMPARISON OF COMPENSATION IS MADE TO THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION'S (CUPA) ADMINISTRATIVE COMPENSATION SURVEY TO ENSURE THE PRESIDENT'S COMPENSATION PACKAGE IS WITHIN FAIR MARKET VALUE FOR THE INDUSTRY, PERFORMANCE EVALUATIONS ARE ALSO REVIEWED, A RECOMMENDATION IS MADE TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR APPROVAL OF COMPENSATION PACKAGES. OTHER OFFICERS AND KEY EMPLOYEES ARE REVIEWED BY THE PRESIDENT'S COUNCIL AND COMPARISONS ARE MADE TO OTHER COLLEGES' COMPARABLE POSITIONS USING CUPA'S ANNUAL SURVEY DATA, LOCAL MARKETS ARE ALSO SURVEYED PERIODICALLY, BOARD LEVEL DISCUSSIONS ON EXECUTIVE COMPENSATION ARE RECORDED IN BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST AT THE FOLLOWING OFFICES: FINANCIAL SERVICES, PRESIDENT'S, OR DEVELOPMENT. CONFLICT OF INTEREST STATEMENTS ARE AVAILABLE AT THE FINANCIAL SERVICES OFFICE BY REQUEST, FORM 990 IS AVAILABLE BY REQUEST TO THE FINANCIAL SERVICES OFFICE OR CAN BE OBTAINED ONLINE AT GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: ADJUSTMENT OF ACTUARIAL LIABILITY ANNUITIES PAYABLE -102,930. ROUNDING 1,592. 23656 COLTON POINT ROAD LLC 2 COLLEGE HILL WESTMINSTER MD 21157 471122967 REAL ESTATE HOLDING MD 0 0 MCDANIEL COLLEGE INC WMC DEVELOPMENT CORPORATION 2 COLLEGE HILL WESTMINSTER MD 21157 521434968 REAL ESTATE LAND LESSOR MD MCDANIEL COLLEGE C 33966 4610635 1.00000 1 WMC DEVELOPMENT LAND HOLDING CORPORATION 2 COLLEGE HILL WESTMINSTER MD 21157 320236158 LAND HOLDING COMPANY MD WMC DEVELOPMENT CORPORATION C 32586 462810 1.00000 1 CHARITABLE REMAINDER TRUST (4) INVESTMENT TRUST MD N/A T 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 WMC DEVELOPMENT CORPORATION A 323087 COST