UNIVERSITY OF MARY: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF MARY (EIN 45-0273403)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-15
- IRS object ID
- 201411359349302196
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-15T09:04:25-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 450250958 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1914 | AddressLine1 |
| City | BISMARCK | City |
| State | ND | State |
| ZIP Code | 585021914 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 450273403 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | University of Mary | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | UNIV | NameControl |
| Phone | 7012557500 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7500 University Dr | AddressLine1 |
| City | Bismarck | City |
| State | ND | State |
| ZIP Code | 585049652 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Elizabeth Condic | Name |
| Title | VP for Financial Affairs | Title |
| Phone | 7012557500 | Phone |
| Date Signed | 2014-05-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Lisa Chaffee CPA | Name |
| PTIN | P00193453 | PTIN |
| Phone | 7012551091 | Phone |
| Date Prepared | 2014-05-14 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Elizabeth Condic | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7500 University Dr | AddressLine1 |
| City | Bismarck | City |
| State | ND | State |
| ZIP Code | 585049652 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 59260402 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.umary.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1959 | YearFormation |
| State Legal Domicile | ND | StateLegalDomicile |
| Activity Or Mission Description | University of Mary is a private institution of higher education offering graduate and undergraduate degrees. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 31 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 29 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1154 | TotalNbrEmployees |
| Total Nbr Volunteers | 28 | TotalNbrVolunteers |
| Total Gross UBI | 2441 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -18540 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2407149 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4295755 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 41370917 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 43171601 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1132618 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1870052 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 379255 | OtherRevenuePriorYear |
| Other Revenue Current Year | 674794 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 45289939 | TotalRevenuePriorYear |
| Total Revenue Current Year | 50012202 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 8376506 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 9156920 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 19619162 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 20838286 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 720442 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 13891128 | OtherExpensePriorYear |
| Other Expenses Current Year | 16399390 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 41886796 | TotalExpensesPriorYear |
| Total Expenses Current Year | 46394596 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 3403143 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3617606 | RevenuesLessExpensesCY |
| Total Assets BOY | 104135162 | TotalAssetsBOY |
| Total Assets EOY | 116855601 | TotalAssetsEOY |
| Total Liabilities BOY | 10609887 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 17868740 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 93525275 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 98986861 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | Serving the needs of the region...the University of Mary exists to serve the religious, academic, and cultural needs of people in this region. It takes its tone from the commitment of the Sisters of Annunciation Monastery. These sisters founded the University and continue to sponsor it today. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 19005329 | Expense |
| Revenue | 39268682 | Revenue |
| Description | Academic Divisions - This area contains the curriculum and related expenses for all divisions of the college, including both post-secondary education and graduate programs. University of Mary serves approximately 4,255 students and has 470 faculty members. They have four schools with more than 40 degree programs. In addition, there are nine graduate degree programs. They average a placement rate of approximately 98 percent overall for their graduates. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 8987333 | Expense |
| Grants | 8987333 | Grants |
| Description | Student Aid & Expenses - University of Mary offers various types of financial assistance to students including federal, state, and private programs as well as other forms of student aid and work programs. During the current year, 2,848 students received some type of academic student aid and 223 students received athletic student aid. In addition, nine international students received student aid as well. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4185130 | Expense |
| Revenue | 2147847 | Revenue |
| Description | Auxiliary Activities - Auxiliary activities includes all student housing and food services including the cost of residence halls, student apartments, and student transportation service. The University of Mary also has a university store, cafeterias, snack bar and coffee shop. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 11124446 | Expense |
| Grants | 169587 | Grants |
| Revenue | 2427324 | Revenue |
| Description | Educational Plant Operations, Financial Affairs, General Institutional, Public Affairs, Enrollment Services, and all other services including General Administration, Academic Affairs, Student Development, and Student Senate. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 11124446 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 169587 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 2427324 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 43302238 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 1 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 1 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 122 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1154 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 1 | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 3 | NumberOf8282Filed |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 31 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 29 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Elizabeth Condic | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7013558303 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7500 University Dr | AddressLine1 |
| City | Bismarck | City |
| State | ND | State |
| ZIP Code | 58504 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (37 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| Martin White | ||||||||
| Chair | 1.00 | 0.00 | X | X | 0 | 0 | 0 | |
| Sister Nancy Miller | ||||||||
| Prioress, President | 1.00 | 40.00 | X | X | 0 | 0 | 0 | |
| Dr Ray Gruby | ||||||||
| Vice Chair | 1.00 | 0.00 | X | X | 0 | 0 | 0 | |
| Sister Patricia Schap | ||||||||
| Secretary | 1.00 | 0.00 | X | X | 0 | 0 | 0 | |
| A Kirk Lanterman | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Abbot Brian Wangler | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Bill Clairmont | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Cheryl Kulas | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Craig Larson | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Dan Butler | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Bill Daniel | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Dr Harold J Miller | ||||||||
| Trustee | 40.00 | 0.00 | X | 159567 | 0 | 21716 | ||
| Julie Liffrig Fedorchak | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Father Al Bitz | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| George Ehlis | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Joe Hauer | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| John Simmons | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Kevin Cramer | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Leon Comeau | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Mike Hofer | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Niles Hushka | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Sister Agatha Muggli | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Sister Joann Krebsbach | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Sister Rebecca Mayer | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Sister Susan Lardy | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Terry Zeltinger | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Kathleen Gaddie | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Tim Hennessy | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Troy Nelson | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Michael Keating | ||||||||
| Trustee | 1.00 | 0.00 | X | 0 | 0 | 0 | ||
| Monsignor James P Shea | ||||||||
| President | 40.00 | 0.00 | X | X | 117557 | 0 | 12777 | |
| Brent Winiger July | ||||||||
| Treasurer, VP of Financial Affairs | 40.00 | 0.00 | X | 65123 | 0 | 8049 | ||
| Tom Maher July-February | ||||||||
| Treasurer, VP of Financial Affairs | 40.00 | 0.00 | X | 0 | 0 | 0 | ||
| Elizabeth Condic December-June | ||||||||
| Treasurer, VP of Financial Affairs | 40.00 | 0.00 | X | 0 | 0 | 0 | ||
| Neal Kalberer | ||||||||
| V.P. of Public Affairs | 40.00 | 0.00 | 112174 | 0 | 9340 | X | ||
| Dr Shanda Traiser | ||||||||
| Dean, Gary Tharaldson School of Business | 40.00 | 0.00 | 104453 | 0 | 12085 | X | ||
| Diane Fladeland | ||||||||
| V.P. of Academic Affairs | 40.00 | 0.00 | 106812 | 0 | 8425 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 665686 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 72392 | TotalOtherCompensation |
| Number Individuals GT100 K | 5 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Bakken Contracting Co LLC | |||||
| 700 S 7th Street | Fargo | ND | 58103 | General Contractor | 3222264 |
| Compass Group USA Inc | |||||
| 91337 Collections Dr | Chicago | IL | 606931337 | Food Service Vendor | 2068293 |
| Dynamic Campus Solutions | |||||
| 2806 Flintrock Trace Suite A205 | Austin | TX | 78738 | IT Services | 1358648 |
| Hotchalk Inc | |||||
| 1999 S Bascom Ave Ste 1020 | Campbell | CA | 950082206 | Online Education | 869610 |
| Capital Electric Coop | |||||
| PO BOX 730 | Bismarck | ND | 585020730 | Electrical Services | 645869 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 22 | NumberOfContractorsGT100K |
| All Other Contributions | 4295755 | AllOtherContributions |
| Noncash Contributions | 787012 | NoncashContributions |
| Total Contributions | 4295755 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Student Tuition/Fees | 611600 | 39268682 | 39268682 |
| Auxiliary Enterprises | 611600 | 2147847 | 2147847 |
| Other | 611600 | 1755072 | 1755072 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 43171601 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1066834 | TotalRevenueColumn |
| Exclusion | $1,066,834 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8552031 | Securities |
| Other | 132949 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7765225 | Securities |
| Other | 116537 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 786806 | Securities |
| Other | 16412 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 803218 | TotalRevenueColumn |
| Exclusion | $803,218 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 2038690 | GrossSalesOfInventory |
| Cost Of Goods Sold | 1366438 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 672252 | TotalRevenueColumn |
| Related Or Exempt Function Income | 672252 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|
| Dakota Upreit K-1 | 900099 | 2324 | 2223 | $101 |
| Starion Bancorporation K-1 | 900099 | 218 | 218 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 2542 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 50012202 | TotalRevenueColumn |
| Related Or Exempt Function Income | 43843853 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 2441 | UnrelatedBusinessRevenue |
| Exclusion | $1,870,153 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 169587 | Total |
| Program Services | 169587 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8987333 | Total |
| Program Services | 8987333 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 421645 | Total |
| Management And General | 199430 | ManagementAndGeneral |
| Fundraising | 222215 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45613 | Total |
| Program Services | 45613 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15991742 | Total |
| Program Services | 15477294 | ProgramServices |
| Management And General | 197654 | ManagementAndGeneral |
| Fundraising | 316794 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 862583 | Total |
| Program Services | 823361 | ProgramServices |
| Management And General | 22419 | ManagementAndGeneral |
| Fundraising | 16803 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2314720 | Total |
| Program Services | 1791616 | ProgramServices |
| Management And General | 486540 | ManagementAndGeneral |
| Fundraising | 36564 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1201983 | Total |
| Program Services | 1130831 | ProgramServices |
| Management And General | 48074 | ManagementAndGeneral |
| Fundraising | 23078 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 172729 | Total |
| Program Services | 9502 | ProgramServices |
| Management And General | 163227 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3198700 | Total |
| Program Services | 3005682 | ProgramServices |
| Management And General | 193018 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 949050 | Total |
| Program Services | 797447 | ProgramServices |
| Management And General | 109632 | ManagementAndGeneral |
| Fundraising | 41971 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1592203 | Total |
| Program Services | 1197316 | ProgramServices |
| Management And General | 331870 | ManagementAndGeneral |
| Fundraising | 63017 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 571946 | Total |
| Program Services | 571946 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1721332 | Total |
| Program Services | 1671650 | ProgramServices |
| Management And General | 49682 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 759102 | Total |
| Program Services | 756898 | ProgramServices |
| Management And General | 2204 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 589703 | Total |
| Program Services | 566154 | ProgramServices |
| Management And General | 23549 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 192053 | Total |
| Program Services | 190866 | ProgramServices |
| Management And General | 1187 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1771369 | Total |
| Program Services | 1434868 | ProgramServices |
| Management And General | 336501 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32973 | Total |
| Program Services | 32973 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| Activities Expense | 1684227 | 1536776 | 147451 |
| Repairs & Maintenance | 1226906 | 1226243 | 663 |
| Pledge Rec Allow/Disc | 814029 | 814029 | |
| Foreign Campus Expenses | 575628 | 575628 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 547440 | Total |
| Program Services | 488625 | ProgramServices |
| Management And General | 58815 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46394596 | Total |
| Program Services | 43302238 | ProgramServices |
| Management And General | 2371916 | ManagementAndGeneral |
| Fundraising | 720442 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 659480 | BOY |
| EOY | 3457760 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5081735 | BOY |
| EOY | 351550 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3666219 | BOY |
| EOY | 3934208 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 743145 | BOY |
| EOY | 682778 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53047 | BOY |
| EOY | 40327 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 407445 | BOY |
| EOY | 399815 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 263873 | BOY |
| EOY | 194072 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 78806136 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 28522073 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46157212 | BOY |
| EOY | 50284063 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42844665 | BOY |
| EOY | 52921893 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2835341 | BOY |
| EOY | 3189530 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1423000 | BOY |
| EOY | 1399605 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 104135162 | BOY |
| EOY | 116855601 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1896591 | BOY |
| EOY | 3528745 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 206923 | BOY |
| EOY | 168083 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 647307 | BOY |
| EOY | 501294 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1736234 | BOY |
| EOY | 7247027 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 385678 | BOY |
| EOY | 423523 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5737154 | BOY |
| EOY | 6000068 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10609887 | BOY |
| EOY | 17868740 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62626394 | BOY |
| EOY | 64409677 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10719527 | BOY |
| EOY | 10535092 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20179354 | BOY |
| EOY | 24042092 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93525275 | BOY |
| EOY | 98986861 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 104135162 | BOY |
| EOY | 116855601 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 3617606 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 1848543 | ReconciliationUnrealizedInvest |
| Reconcilation Donated Services | 18556 | ReconcilationDonatedServices |
| Reconcilation Other Changes | -23119 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Funds Held | 1 | NumberFundsHeld |
| Contrib To Funds And Other Accounts | 0 | ContribToFundsAndOtherAccounts |
| Grants Funds And Other Accounts | 53867 | GrantsFundsAndOtherAccounts |
| Aggregate Fund Value | 1055355 | AggregateFundValue |
| Disclosed Orgs Legal Control | 1 | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | 1 | DisclosedForCharitablePurposes |
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 32977 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
| Explanation In Part XIII | X | ExplanationInPartXIII |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 34378457 | BeginningOfYearBalance |
| Contributions | 965426 | Contributions |
| Investment Earnings Or Losses | 1940558 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 407165 | GrantsOrScholarships |
| Other Expenditures | 437173 | OtherExpenditures |
| End Of Year Balance | 36440103 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 34181341 | BeginningOfYearBalance |
| Contributions | 765303 | Contributions |
| Investment Earnings Or Losses | 248771 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 546655 | GrantsOrScholarships |
| Other Expenditures | 270303 | OtherExpenditures |
| End Of Year Balance | 34378457 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 30282576 | BeginningOfYearBalance |
| Contributions | 626898 | Contributions |
| Investment Earnings Or Losses | 4085053 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 813186 | GrantsOrScholarships |
| End Of Year Balance | 34181341 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 26619833 | BeginningOfYearBalance |
| Contributions | 1288956 | Contributions |
| Investment Earnings Or Losses | 3116585 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 742798 | GrantsOrScholarships |
| End Of Year Balance | 30282576 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 31831314 | BeginningOfYearBalance |
| Contributions | 524605 | Contributions |
| Investment Earnings Or Losses | -4049832 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 660482 | GrantsOrScholarships |
| Other Expenditures | 1025772 | OtherExpenditures |
| End Of Year Balance | 26619833 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.29270 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.65960 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.04770 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 431493 | OtherCostOrOtherBasis |
| Book Value | 431493 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 59691774 | OtherCostOrOtherBasis |
| Depreciation | 17044054 | Depreciation |
| Book Value | 42647720 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9894215 | OtherCostOrOtherBasis |
| Depreciation | 7162303 | Depreciation |
| Book Value | 2731912 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 2469345 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 6319309 | OtherCostOrOtherBasis |
| Depreciation | 4315716 | Depreciation |
| Book Value | 4472938 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 50284063 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Annuities Payable | $2,269,797 |
| Government Grants Refundable | $2,233,151 |
| Unitrust Payments Due Grantors | $1,497,120 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 6000068 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 52408591 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1848543 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 18556 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | -834606 | OtherRevenues |
| Revenue Not Rptd F990 | 1032493 | RevenueNotRptdF990 |
| Revenue Subtotal | 51376098 | RevenueSubtotal |
| Other Revenues Not Included | -1363896 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -1363896 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 50012202 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 46947005 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 1366438 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 1366438 | ExpensesNotRptdF990 |
| Expenses Subtotal | 45580567 | ExpensesSubtotal |
| Other Expenses Not Included | 814029 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 814029 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 46394596 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Part III, Line 4: | All gifts are subject to prior review and approval by the board. Gifts received help to further higher education by serving academic, religious, and cultural needs of the students. | |
| Part IV, Line 2b: | University of Mary chartered clubs, student academic associations, and approved faculty and staff associations have established university agency accounts. | |
| Part V, Line 4: | Permanently Restricted and Board Restricted Endowments - Income from these funds is used to help further the exempt purpose of the university. Loan Fund Endowments - Used to loan students money on a short term basis until financial aid comes through. Typically, the loans are only outstanding for a week or so. Family Fund Endowments - To benefit various non-profit organizations specified by the donor including the university. The endowment beginning of year balances have all been restated by $3,143,623 as per the financial statements to appropriately classify all annuities and trusts as temporarily and permanently restricted assests based on GAAP. | Description of Intended Use of Endowment Funds: |
| Part X, Line 2: | The University is a nonprofit organization and has been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Section 501(c)(3). The University is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. In addition, the entities are subject to income tax on net income that is derived from business activities that are unrelated to their exempt purposes. The University has deteremined it is not subject to unrelated business income tax and has not filed an Exempt Organization Business Income Tax Return (Form 990-T) with the IRS. The University believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The entities would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. The University is a nonprofit organization that is exempt from federal income tax under Internal Revenue Code Section 501(c)(3). While preparing the Form 990, it was discovered the University would have a Form 990-T filing requirement and as a result is filing a 990-T for the year ending June 30, 2013. | Description of Uncertain Tax Positions Under FIN 48: |
| Actuarial Gains - Unitrust 132,961. Actuarial Losses - Annuities -153,538. Pledge Rec Allow/Disc Recorded in Revenues for Financials -814,029. | Part XI, Line 2d - Other Adjustments: | |
| Cost of Sales Expense Recorded in Revenues for Tax Return -1,366,438. Tax Income: Starion Bancorporation 218. Tax Income: Dakota Upreit 2,324. | Part XI, Line 4b - Other Adjustments: | |
| Cost of Sales Expense Recorded in Revenues for Tax Return 1,366,438. | Part XII, Line 2d - Other Adjustments: | |
| Pledge Rec Allow/Disc Recorded in Revenues for Financials 814,029. | Part XII, Line 4b - Other Adjustments: | |
| Schedule D, Part I: See Schedule I for additional information. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 0 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 0 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Explanation of Nondiscriminatory Policy Publication | Schedule E, Part I, Line 3 | The University does routinely publicize its policy through newspaper including job opening advertisements. The University does make the policy accessible to the public through its website. The University does not routinely publicize its policy through broadcast media currenlty, but it plans to in the future. |
| Explanation of Government Financial Assistance | Schedule E, Part I, Line 6 | The University receives Title IV funds and trio funds and administers the use of those funds. |
| Explanation of Racial Nondiscrimination Compliance | Schedule E, Part I, Line 7 | 4.03 - The University does not publicize its policy through newspaper or broadcast media. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EUROPE | Region |
| Number Of Offices | 1 | NumberOfOffices |
| Number Of Employees | 5 | NumberOfEmployees |
| Type Of Activities Conducted | Foreign University Campus | TypeOfActivitiesConducted |
| Specific Services Provided | University Studies | SpecificServicesProvided |
| Total Expenditures | 708000 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 1 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 5 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 1 | TotalNumberOfOffices |
| Total Number Of Employees | 5 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 708000 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 708000 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Method Used to Acccount for Expenditures: | Identifier |
| Explanation | Schedule F, Part I, Line 3: Accrual Basis Accounting | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (6 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| Bishop Ryan High School | |||||||
| 316 11TH Ave NW | Minot | ND | 58703 | 450259466 | 501(c)(3) | 8080 | General Operating |
| Minot State University | |||||||
| 500 University Ave NW | Minot | ND | 58703 | 456002481 | Government | 8080 | General Operating |
| FOCUS | |||||||
| PO Box 33656 | Denver | CO | 80233 | 841522811 | 501(c)(3) | 33750 | General Operating |
| Pontifical North America College | |||||||
| 3211 4th Street NE | Washington | DC | 20017 | 237201921 | 501(c)(3) | 5000 | General Operating |
| Diocese of Phoenix | |||||||
| 400 E Monroe St | Phoenix | AZ | 85004 | 860223974 | 501(c)(3) | 5875 | General Operating |
| Bismarck Mandan Chamber Foundation | |||||||
| 1640 Burnt Boat Drive | Bismarck | ND | 58501 | 263807225 | 501(c)(3) | 80000 | General Operating |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 6 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (33 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| Volleyball | 15 | 149098 |
| Women's Tennis | 10 | 29000 |
| Women's Softball | 12 | 101100 |
| Football | 59 | 476900 |
| Wrestling | 12 | 62250 |
| Men's Basketball | 11 | 186342 |
| Women's Basketball | 14 | 197364 |
| Men's Track | 16 | 96000 |
| Women's Track | 27 | 198215 |
| Baseball | 17 | 78975 |
| Men's Soccer | 13 | 120512 |
| Women's Soccer | 17 | 147300 |
| Fifth Year | 7 | 25000 |
| Music | 64 | 101725 |
| Nursing Tuition Grant | 231 | 419823 |
| National Guard Waiver | 38 | 38226 |
| Military Scholarhips | 103 | 326420 |
| Veteran's Yellow Ribbon | 3 | 4591 |
| Presidential | 1151 | 4165897 |
| Catholic Scholars | 67 | 315280 |
| Honors Day | 44 | 248460 |
| Catholic Educators | 7 | 7381 |
| SSS Merit Scholarhip | 102 | 36774 |
| Pacesetter Grant | 142 | 149210 |
| ELA | 177 | 75000 |
| Phi Theta Kappa | 39 | 176000 |
| Freedom Plan | 137 | 612031 |
| SSS Book Grant | 129 | 7957 |
| CIC - T&P | 1 | 13600 |
| Donated Scholarhips | 5 | 19500 |
| Business Tuition Grant | 31 | 26914 |
| UM Need-based Grant | 122 | 155431 |
| Student Teacher Training/Ecclesia | 25 | 29823 |
Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Procedure for Monitoring Grants in the U.S.: | Part I, Line 2: | Schedule I, Part I, Line 2: The University is contributing funds to charitable oganizations in accordance with endowment agreements that govern the distribution of the underlying funds. The University also verifies that the grants given to the charitable organization are for the benefit of individual students for scholarships. |
| Student awards, grants and loans are awarded on basis of need. Scholarships are awarded based upon need and academic or special achievements. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 0 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Dr Harold J Miller | NamePerson |
| Title | Trustee | Title |
| Base Compensation Filing Org | 159003 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 564 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 13387 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 8737 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 181691 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| Part I, Line 1a | The President is required to live in the President's House on campus. The President and Chairman Emeritus (who is also the former president) both receive various minor personal services for convenience such as automotive maintenance or minor housekeeping. A guest house on campus is typically used for housing transitional employees who are new to the university. |
| Part I, Line 1b | In 2009, the Board of Trustees voted that it was in the interests and convenience of the University to maintain president's housing on campus and therefore established a residence for the president. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Morton County North Dakota | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 456002226 | IssuerEIN |
| Date Issued | 2011-08-15 | DateIssued |
| Issue Price | 7500000 | IssuePrice |
| Description Of Purpose | Campus-wide energy saving building improvements & campus renovations | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | 7500000 | TotalProceeds |
| Issuance Costs From Proceeds | 35000 | IssuanceCostsFromProceeds |
| Capital Expenditures | 7465000 | CapitalExpenditures |
| Year Of Subst Completion | 2013 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Bond Iss Meet Prvt Security Pay Test | 0 | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedProp |
| Non Qualified Bond Remed Procdrs | 1 | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiled |
| Rebate Not Due Yet | 0 | RebateNotDueYet |
| Exception To Rebate | 0 | ExceptionToRebate |
| No Rebate Due | 1 | NoRebateDue |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Written Proc To Monitor Reqs | 1 | WrittenProcToMonitorReqs |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Proc To Undertk Corrective Action | 1 | ProcToUndertkCorrectiveAction |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule K Part IV, Arbitrage, Line 2c | Identifier |
| Return Reference | Date Rebate Computation Performed | ReturnReference |
| Explanation | Issuer Name: Morton County, North Dakota Date the Rebate Computation was Performed: 06/30/2013 | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Samuel Condic | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | Husband of Elizabeth Condic, Treasurer of Board | Relationship |
| Amount Of Transaction | 45613 | AmountOfTransaction |
| Description Of Transaction | Compensation | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Securities Closely Held Stock SecuritiesCloselyHeldStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 25191 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraisal | MethodOfDeterminingRevenues |
Real Estate Other RealEstateOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 781512 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraisal | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | Peas - 550 bushels | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 5500 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 3 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Non Reporting of Revenue: | Identifier |
| Return Reference | Part I, Line 33: | ReturnReference |
| Explanation | Starion Bancorporation stock was received in satisfaction of a pledge made in prior years. Since the pledge was reported in a prior year, this stock donation is not included in the Statement of Revenue or Schedule B. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (13 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Form 990, Part VI, Section A, line 1 | The President of the University shall be an ex officio member of the Board of Trustees. The President shall not vote on matters concerning or related to 1) the appointment of a successor, 2) the President's compensation, or 3) matters affecting the President's own interest, in accordance with Article X, Section 2, of the University's Bylaws. The President shall cease to be a trustee when no longer holding that position. | |
| Form 990, Part VI, Section A, line 1 | Standing Committees: The corporation shall establish and maintain as standing committees a Trusteeship Committee and an Executive Committee. A. Trusteeship Committee: The Trusteeship Committee shall be appointed annually by the President of the Board (prioress). The committee shall consist of four (4) trustees, which includes the president of the university as an ex-officio member of the committee. Such trusteeship committee shall recommend to the corporate membership names and qualifications for consideration to fill any positions on the board of trustees. After approval by the corporate membership, the trusteeship committee submits to the board of trustees nominees for election to the board. In addition, the committee shall recommend to the board a slate of candidates for chair, vice chair, and secretary. A majority vote of the total board of trustees currently serving is required for election of a trustee or an officer. The committee shall develop and administer a program of orientation for newly appointed trustees. B. Executive Committee: The chair of the board of trustees, in consultation with the president of the board (prioress), the president of the university, and other trustees shall appoint the executive committee at the annual meeting. The executive committee shall consist of nine (9) trustees, to include the chair of the board, the president of the board (prioress), four additional members of the corporation and three additional trustees. Serving as the principal liaison to the board of trustees, the president of the university shall be present ex officio without a vote and not to be counted for a quorum. A quorum of the executive committee is a majority of the trustees serving on the executive committee. To constitute a valid quorum, the quorum must include four (4) members of the corporation. A quorum of the executive committee is required to transact business. If a quorum is not present at a meeting, a majority of those present may adjourn the meeting without further notice. The executive committee shall meet as often as necessary to conduct its business as determined by the chair and the president of the university. There shall be at least two (2) regular meetings of the executive committee annually. In collaboration with the president of the university, the duties of the executive committee shall include the following: -Making decisions that have been delegated by the full board -Taking action on emergency matters which cannot or should not be deferred to the board's next scheduled meeting -Performing initial assessment of the President of the University annually -Performing such duties as described in its statement of operation The Executive Committee shall act on behalf of the board between meetings except on the following matters: -Selection and appointment of the President of the University -Selection of trustees and officers -Adoption of the annual budget -Conferral of degrees -Exercise of those powers reserved by the members of the corporation as provided in Article V. Section 3 of the University's bylaws Other Committees: After consultation and recommendation of the Board of Trustees, the Chair of the Board of Trustees shall designate and appoint committees to facilitate the actions of the Board of Trustees, enabling it to function more efficiently and effectively. Each committee shall have, subject to the approval of the Board of Trustees, a statement of operation prescribing the purposes, goals and responsibilities of the committee. Other committees that currently exist are: -Investment Committee -Finance Committee -Enrollment Services Committee -Academic Affairs and Student Life Committee | |
| Form 990, Part VI, Section A, line 2 | Family and Business Relationships - 1. Board Members George Ehlis and Joe Hauer have a business relationship. 2. Board Members Bill Clairmont and John Simmons have a business relationship. | |
| Form 990, Part VI, Section A, line 3 | The Organization had a management agreement with The Registry from July to December of 2012 for the services of the Interim V.P. of Financial Affairs. Tom Maher, Interim V.P. of Financial Affairs, was compensated by The Registry during his term of service. The Organization paid The Registry $67,513 for these services. | |
| Form 990, Part VI, Section A, line 6 | Members - Membership of the corporation shall consist of those sisters serving in the sponsorship group as established from time to time by the monastic community known as the Benedictine Sisters of the Annunciation, BMV, who have made their perpetual monastic profession. | |
| Form 990, Part VI, Section A, line 7a | Powers shared with Board of Trustees - The following reserved powers shall be exercised by the members of the corporation and the board of trustees. The power of the board to act on any of these matters is subject to the requirement that the members of the corporation shall approve such action prior to the submission of the matter to a vote of the board of trustees. A. To approve any person to be elected to serve on the board of trustees or to remove any trustee if this action is indicated. B. To approve a new candidate appointed to serve as president of the university. | |
| Form 990, Part VI, Section A, line 7b | Powers Reserved to Corporation Members - Exercise of the following powers shall be reserved solely to corporation members to: A. Approve any change in the sponsorship, reserved powers or mission of the university as an institution founded on christian, catholic, and benedictine tradition. B. Approve the sale or encumbrance of all or substantially all of the assets or property of the corporation. C. Approve the merger, liquidation or dissolution of the corporation. D. Amend, alter or repeal the articles of incorporation or the bylaws of the corporation. E. Change the name of the corporation. | |
| Form 990, Part VI, Section B, line 11 | Upon receipt of the draft Form 990, the organization will review the 990 and provide a public disclosure copy to the board for review. The board comments are provided to the organization and any resulting changes are included in the final Form 990. | |
| Form 990, Part VI, Section B, line 12c | The board of directors completes a conflict of interest questionnaire each year. No member, trustee, officers or committee member shall be disqualified from holding any position by reason of any interest, but any conflict of interest must be disclosed to the board of trustees at the earliest practical time. A member, trustee, officer or committee member shall be considered to have a conflict of interest if such person (a) has an existing or potential financial or other interest which impairs or might reasonably appear to impair such person's independent unbiased judgment in the discharge of responsibilities to the corporation, or (b) is aware that an immediate family member or any organization in which such person, or an immediate family member, is an officer, director, employee, member, partner, trustee, or controlling stockholder has such existing or potential financial interests. A trustee does not have a conflict of interest in acting on a resolution fixing the compensation of any trustee, officer, employee, or agent of the corporation. No member, trustee or committee member shall vote on any matter under consideration in which such person has a conflict of interest, and shall not be counted as a part of the quorum for the vote on the matter. The minutes of such meeting shall reflect that a disclosure was made and that the person abstained from voting. Any member, trustee or committee member who is uncertain whether there is a conflict of interest in any matter may request the membership, the board or committee to determine whether a conflict of interest exists and resolve the question by majority vote. | |
| Form 990, Part VI, Section B, line 15a | The president's salary is reviewed annually by the independent board. The University uses the Jaffe Salary Survey as well as CUPA Salary Reports (College and University Professional Association) to obtain comparable data from other midwestern universities. The information is documented in a letter noting that the board has accepted and approved the salary change. The top financial official's salary is currently reviewed and approved by the president annually. The same Jaffe Salary Survey and CUPA Salary Report is used for comparable data. The percentage increase is documented in an employment contract, but not in the board meeting minutes. | |
| Form 990, Part VI, Section C, line 19 | The University provides its governing documents, conflict of interest policy and financial statements upon specific request. | |
| Part VII: | The President, Monsignor James P. Shea, is required to live in a residence at the campus. The Board of Trustees, with his understanding and approval, has set his salary below market because he is a cleric. | |
| Form 990, Part XI, line 9: | Actuarial Gains - Unitrust 132,961. Actuarial Losses - Annuities -153,538. Tax Income: Starion Bancorporation -218. Tax Income: Dakota Upreit -2,324. | Changes in Net Assets or Fund Balances: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Benedictine Sisters of the Annunciation BMV | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7520 University Drive | AddressLine1 |
| City | Bismarck | City |
| State | ND | State |
| ZIP Code | 58504 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 450261530 | EIN |
| Primary Activities | Religious Purposes | PrimaryActivities |
| Legal Domicile State | ND | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
| Public Charity Status | Line 1 | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Benedictine Sisters of the Annunciation BMV | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | Q | TransactionType |
| Amount Involved | 469871 | AmountInvolved |