2014-02-14T11:38:10-06:00 2013-06-30 205991824 SC&H TAX & ADVISORY SERVICES LLC 910 RIDGEBROOK ROAD SPARKS MD 21152 990 2012-07-01 520591694 MCDANIEL COLLEGE INC MCDA 4108572218 2 COLLEGE HILL WESTMINSTER MD 211574303 ROGER N CASEY 4108572218 2014-02-10 1 LORI S BURGHAUSER P00370694 4104031500 2014-02-08 2012 2015-11-30 17:44:51Z ROGER N CASEY 2 COLLEGE HILL WESTMINSTER MD 211574303 109117397 0 X WWW.MCDANIEL.EDU X 1867 MD STUDENTS ARE THE FOCUS AT MCDANIEL AND PROVIDING THE IDEAL LEARNING ENVIRONMENT IS OUR GOAL. CENTERED IN THE LIBERAL ARTS AND SCIENCES, A MCDANIEL EDUCATION TEACHES YOU TO THINK AND ACT CRITICALLY, CREATIVELY, AND HUMANELY. COMBINED WITH LEADERSHIP AND KNOWLEDGE IN YOUR FIELD, THESE ARE THE SKILLS THAT STUDENTS NEED TO SURMOUNT THE CHALLENGES OF THEIR FUTURE. 43 43 1925 43 815767 0 6995902 10077328 74236804 78563276 5548590 10186195 445919 571608 87227215 99398407 27312972 30132000 0 0 32943328 32656932 0 0 1993569 28548061 28992778 88804361 91781710 -1577146 7616697 203569463 198705308 83220909 68015855 120348554 130689453 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 POTENTIALS 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 67084921 24762679 57465392 UNDERGRADUATE PROGRAM OF STUDY - 1,567 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 60 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 15:1 STUDENTS; THE STUDENT-FACULTY RATIO IS 11:1, MCDANIEL HAS 103 FULL-TIME FACULTY; 99 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. 14948288 5264884 12205882 AUXILARY SERVICES: DINING HALL SERVICES FOR 1,255 STUDENTS AND RESIDENCE HALL SERVICES FOR 1,311 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, TELEPHONE AND THE INTERNET.DINING HALL - AT MCDANIEL, STUDENTS HAVE A WIDE RANGE OF DINING CHOICES, CHOOSEN 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. 4732843 104437 8144538 GRADUATE PROGRAM OF STUDY - FULL TIME STUDENT EQUIVALENCY 753.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 AND CRITICAL 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, ALSO ACCREDITED BY: AMERICAN CHEMICAL SOCIETY, COUNCIL ON SOCIAL WORK EDUCATION, NATIONAL COUNCIL FOR ACCREDITATION OF TEACHER EDUCATION AND 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, HUMAN RESOURCE MANAGEMENT, AND LEADERSHIP IN GLOBAL ENTERPRISE. 86766052 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 0 1 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 110 0 1925 1 1 1 0 0 0 0 0 0 0 0 0 X 43 43 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X ARTHUR S WISNER 4108572218 2 COLLEGE HILL WESTMINSTER MD 211574390 MARTIN KP HILL 1.00 X 0 0 0 MARY LYNN DURHAM 1.00 X 0 0 0 GEORGE R BENSON JR 1.00 X 0 0 0 WAYNE K CURRY 1.00 X 0 0 0 WILLIAM B DULANY 1.00 X 0 0 0 WILLIAM H ELLIOTT 1.00 X 0 0 0 JOSEPH J ENSOR 1.00 X 0 0 0 PHILIP G ENSTICE 1.00 X 0 0 0 RALPH O FRITH 1.00 X 0 0 0 J ELIZABETH GARRAWAY 1.00 X 0 0 0 KENNETH R GILL 1.00 X 0 0 0 OTTO J GUENTHER 1.00 X 0 0 0 KEVIN F HANLEY 1.00 X 0 0 0 STEVEN D KESLER 1.00 X 0 0 0 MARJORIE R KIMBLE 1.00 X 0 0 0 ALEXANDER KOUNDOURAKIS 1.00 X 0 0 0 CAROLYN P LANDIS 1.00 X 0 0 0 JAMES E LIGHTNER 1.00 X 0 0 0 SHARON F MANNING 1.00 X 0 0 0 JAMES I MELHORN 1.00 X 0 0 0 JULIE MERCER 1.00 X 0 0 0 ALBERT J MEZZANOTTE JR 1.00 X 0 0 0 CHARLES E MOORE JR 1.00 X 0 0 0 CHITRACHEDU NAGANNA 1.00 X 0 0 0 CHRISTOPHER CNEWMAN 1.00 X 0 0 0 RICHARD W PALMER 1.00 X 0 0 0 CARYL ENSOR PETERSON 1.00 X 0 0 0 BRUCE H PRESTON 1.00 X 0 0 0 DONALD M REMBERT 1.00 X 0 0 0 R CHRISTINE ROYER 1.00 X 0 0 0 CAROLYN L SCOTT 1.00 X 0 0 0 BARBARA SHELTON 1.00 X 0 0 0 DOLORES J SNYDER 1.00 X 0 0 0 FERENC SOMOGYI 1.00 X 0 0 0 BARBARA A THOMAS 1.00 X 0 0 0 CONSTANCE M UNSELD 1.00 X 0 0 0 NANCY C VOSS 1.00 X 0 0 0 ROBERT E WARFIELD 1.00 X 0 0 0 MICHAEL E WEINBLATT 1.00 X 0 0 0 WILLIAM J WESTERVELT JR 1.00 X 0 0 0 LESLIE A WILEY 1.00 X 0 0 0 JAMES H YATES 1.00 X 0 0 0 CARROLL L YINGLING 1.00 X 0 0 0 ROGER N CASEY 40.00 X 392743 0 54270 ETHAN A SEIDEL 40.00 X 205887 0 31266 ARTHUR S WISNER 40.00 X 107740 0 19703 KIMBERLY A SEELEY 40.00 X 87966 0 27685 TAMARA BOWEN 40.00 X 57193 0 16503 PATRICIA LIVELSBERGER 40.00 X 27704 0 2584 THOMAS M FALKNER 40.00 X 200227 0 32289 FLORENCE W HINES 40.00 X 155077 0 40599 THOMAS ZIRPOLI 40.00 X 151289 0 24695 LAWRENCE JUNKIN 40.00 X 150527 0 22514 BETH GERL 40.00 X 140048 0 29511 PAUL MOYER 40.00 X 114284 0 39408 1790685 0 341027 14 0 1 0 MANEKIN CONSTRUCTION LLC 8601 ROBERT FULTON DR STE 100 COLUMBIA MD 21046 PROJECT GENERAL CONTRACTOR 4933225 SODEXO INC PO BOX 536922 ATLANTA GA 30353 FOOD SERVICE CONTRACTOR 4178707 GE TIGNALL & CO 14 MCCANN AVENUE COCKEYSVILLE MD 21030 PROJECT GENERAL CONTRACTOR 829068 MARSHALL CRAFT ASSOCIATES 6112 YORK ROAD BALTIMORE MD 21212 ARCHITECTURAL SERVICES 512898 VITAL SIGNS INC 1308 HEATHER CREST TERRACE SILVER SPRING MD 20902 SIGN LANGUAGE SERVICES 326116 6 58534 2441575 7577219 611519 10077328 TUITION & FEES - UNDERGRADUATE 611600 57465392 57465392 SALES/SERVICES OF AUXILIARY ENTER 721310 12953346 12205882 747464 TUITION & FEES - GRADUATE 611600 8144538 8144538 78563276 569824 569824 111831 111831 18941231 266961 9329419 374233 9611812 -107272 9504540 6081 9498459 40043 15338 24705 24705 PARKING FINES/FEES 900099 119185 119185 GOLF COURSE 713910 62222 62222 THEATER 711110 2430 2430 363066 363066 546903 99398407 77815812 815767 10689500 30132000 30132000 1538083 202167 1162138 173778 23797768 22002946 857946 936876 1673891 1528282 75769 69840 3909648 3409329 317897 182422 1737542 1550836 111560 75146 721374 721374 180882 150410 30472 100592 100592 676813 676813 3728039 3495003 88635 144401 1253757 1169611 35101 49045 3855520 3665789 63624 126107 943828 887458 2934 53436 2879039 2879039 538212 462946 12093 63173 336097 199745 63564 72788 1920383 1920383 6393297 6393297 362925 362925 REPAIR/MAINTENANCE 1861563 1858119 3366 78 SPONSOR PROGRAM 1421200 1421200 MISCELLANEOUS 1404841 1261964 126870 16007 INTERCOLLEGIATE ATHLETI 414416 414416 91781710 86766052 3022089 1993569 15466086 11679607 3910060 2810412 1380721 1351574 2466696 2339974 425718 473871 345743 293287 152949545 78623466 72360612 74326079 78283793 86030522 9842213 13279896 19087821 6120086 203569463 198705308 8499775 8361555 2280862 2258092 62729727 48418972 1400000 1300000 8310545 7677236 83220909 68015855 X 43942397 51036075 28166539 28788494 48239618 50864884 120348554 130689453 203569463 198705308 X 7616697 2589593 134609 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 13785 13785 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: THE ORGANIZATION PAID MEMBERSHIP DUES OF $72,550 TO THE MARYLAND INDEPENDENT COLLEGES AND UNIVERSITIES ASSOCIATION (MICUA), WHICH ENGAGES IN LOBBYING ACTIVITY. MICUA SET ASIDE 19% OF THE DUES PAID TO ENGAGE IN NONDEDUCTIBLE LOBBYING AND POLITICAL EXPENDITURES. ACCORDINGLY, THE COLLEGE HAS REPORTED AN AMOUNT EQUAL TO 19% OF MEMBERSHIP DUES PAID ON LINE 1I. 87545240 3559572 11642502 3803137 98944177 88291875 2041077 622832 3410544 87545240 74708710 1592907 15494482 3504224 88291875 67615165 1671980 8729067 3307502 74708710 80473735 1224354 -10577240 3505684 67615165 0.28240 0.50230 0.21530 0 0 2549509 2549509 129429987 63644344 65785643 7463700 5332480 2131220 11133048 8356567 2776481 2373301 1290075 1083226 74326079 INVESTMENT IN VENTURE LEADING & LEASING III 74772 F INVESTMENT IN VENTURE LEADING & LEASING IV 331000 F COMMON FUNDS 1526787 F CASH SURRENDER VALUE - LIFE INSURANCE 263884 F FMNI INVESTMENT NOTE 23108 F GOVERNMENT SECURITIES 28995 F MILLENIUM INTERNATIONAL FUND 5450663 F AG SUPER FUND 5580687 F 13279896 REFUNDABLE ADVANCES FROM THE U.S. GOVERNMENT 2197519 ACCUMULATED POST RETIREMENT BENEFIT OBLIGATION 5479717 7677236 X 71328795 2589593 149947 2739540 68589255 676813 30132339 30809152 99398407 60987896 15338 15338 60972558 676813 30132339 30809152 91781710 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: ASC 740, INCOME TAXES (ASC 740), PRESCRIBES A RECOGNITION THRESHOLD AND A MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AS WELL AS GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES AND FINANCIAL STATEMENT REPORTING DISCLOSURES. FOR THESE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE COLLEGE RECOGNIZES INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX EXPOSURES AS A COMPONENT OF INCOME TAX EXPENSE. THE COLLEGE DOES NOT HAVE ANY AMOUNTS ACCRUED RELATING TO INTEREST AND PENALTIES AS OF JUNE 30, 2013 AND 2012. THE COLLEGE IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS. THE COLLEGE REMAINS SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE TAXING AUTHORITIES FOR THE YEARS ENDED JUNE 30, 2010 THROUGH 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS REVENUES NETTED WITH EXPENSES 15,338. ADJUSTMENT FOR ACTUARIAL LIABILITY FOR ANNUITIES PAYABLE 134,609. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 30,132,339. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS REVENUES NETTED WITH EXPENSES 15,338. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 30,132,339. PART XI, LINE 2A: NET UNREALIZED GAIN ON INVESTMENTS AS A RESULT OF MARKET CHANGE FOR FISCAL YEAR 2013. THE INCREASE WAS ASSOCIATED WITH THE COLLEGE ENDOWMENT MARKET CHANGE DURING FISCAL 2013. PART XI, LINE 4B AND PART XII, LINE 4B: SCHOLARSHIP AND FINANCIAL AID IS CONSIDERED FINANCIAL RESOURCE USED TO DISCOUNT THE STUDENTS' FINANCIAL OBLIGATION. GENERALLY SCHOLARSHIPS AND FINANCIAL AID IS DIVIDED INTO TWO CATEGORIES: NON-NEED-BASED AND NEED-BASED. PER THE AUDITED FINANCIAL STATEMENTS, SCHOLARSHIP AND FINANCIAL AID IS RECORDED AS A DISCOUNT TO GROSS TUITION AND FEES. PER THE TAX RETURN, FORM 990, SCHOLARSHIP AND FINANCIAL AID IS RECORDED ON PART IX, LINE 2. PARTS XI AND XII RECONCILE TO SEPARATE COMPANY FINANCIAL STATEMENTS OF MCDANIEL COLLEGE, INC. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION 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. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE 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. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES PREPARATORY PROG. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES INTERNATIONAL STUDY ABROAD 215827 NORTH AMERICA 0 0 PROGRAM SERVICES INTERNATIONAL STUDY ABROAD 6800 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES INTERNATIONAL STUDY ABROAD 71825 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES INTERNATIONAL STUDY ABROAD 12040 0 0 0 0 0 0 306492 0 306492 0 0 0 0 0 0 MCDANIEL RECEIVED $202,483 IN REVENUE FOR PREPARATORY PROGRAM (PRE MED COURSES). COURSES WERE TAUGHT UNDER THE MCDANIEL CURRICULUM. GOLF TOURNAMENT 40043 40043 15338 40043 40043 15338 15338 24705 1 SCHOLARSHIPS/FELLOWSHIPS 1543 0 30132000 BOOK ACADEMIC & FINANCIAL NEED BASED PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: A LIST OF RECIPIENTS OF SCHOLARSHIPS IS ON FILE AT THE INSTITUTION AND IS AVAILABLE ON REQUEST. ALTHOUGH THERE MAY BE RECIPIENTS WHO ARE RELATED TO PERSONS HAVING AN INTEREST IN THE INSTITUTION, SUCH RECIPIENTS ARE SELECTED ON AN EQUAL, OBJECTIVELY DETERMINABLE BASIS WITH OTHER RECIPIENTS. 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. X 1 0 X X X X 0 0 0 0 0 0 0 0 0 ROGER N CASEY 375743 0 0 0 17000 0 25000 0 29270 0 447013 0 0 0 ETHAN A SEIDEL 188887 0 0 0 17000 0 20512 0 10754 0 237153 0 0 0 THOMAS M FALKNER 180427 0 0 0 19800 0 17816 0 14473 0 232516 0 0 0 FLORENCE W HINES 155077 0 0 0 0 0 15694 0 24905 0 195676 0 0 0 THOMAS ZIRPOLI 151289 0 0 0 0 0 15089 0 9606 0 175984 0 0 0 LAWRENCE JUNKIN 150527 0 0 0 0 0 6996 0 15518 0 173041 0 0 0 BETH GERL 140048 0 0 0 0 0 14145 0 15366 0 169559 0 0 0 PAUL MOYER 114284 0 0 0 0 0 12060 0 27348 0 153692 0 0 0 PART I, LINE 1A THE COLLEGE'S PRESIDENT, ROGER CASEY, IS REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF HIS EMPLOYMENT. THE HOUSING IS PROVIDED FOR THE CONVENIENCE OF THE EMPLOYER AND THE LODGING IS FURNISHED ON THE COLLEGE'S CAMPUS. THE VALUE OF HIS HOUSING ALLOWANCE WAS $12,000. THIS AMOUNT HAS NOT BEEN INCLUDED IN HIS TAXABLE COMPENSATION ON HIS W-2. THOMAS FALKNER, PROVOST, IS PROVIDED HOUSING ON THE CAMPUS. THE VALUE OF THE HOUSING IN INCLUDED IN HIS TAXABLE COMPENSATION ON HIS W-2. SUPPLEMENTAL INFORMATION PART III PART I, LINE 2: THE COLLEGE PROVIDES HOUSING FOR THE PRESIDENT AND PROVOST. CONSEQUENTLY,SUBSTANTIATION IS NOT APPLICABLE. A CITY OF WESTMINSTER MD 526000811 960733BU6 2006-11-16 33760000 STF RESIDENT FAC, NEW FITNESS CTR 0 0 0 A 34454110 248951 20741937 12936221 2007 1 1 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 0 A 1 AS OF JUNE 30, 2012, THE COLLEGE HAD INVESTED APPROXIMATELY $12,936,000 OF THE PROCEEDS FROM THE 2006 BOND ISSUANCE WITH A BOND TRUSTEE (THE TRUSTEE) TO REFUND THE 2002 BONDS. THESE FUNDS WERE INVESTED IN FIXED INCOME SECURITIES. ON OCTOBER 1, 2012, THE DEPOSITS WITH THE TRUSTEE WERE USED TO FULLY REFUND THE 2002 BONDS. PART IV LINE 2C NO REBATE DUE THE BOND PROCEEDS WERE PROPERLY EXPENDED WITHIN THE APPROPRIATE TIME FRAME. THE BOND TRUSTEE INVESTS IN SLGS TO COMPLY WITH THE APPLICABLE YIELD LIMITATIONS. X 34 611519 AVG OF DAILY HIGH/LOW 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS POSTED TO THE BOARD OF DIRECTORS' TRUSTEE PORTAL FOR REVIEW. THE FORM 990 IS PART OF THE FEBRUARY 7, 2014 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. 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. 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 ALSO LOCAL MARKETS ARE SURVEYED PERIODICALLY. 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: ADJUSTMENT OF ACTUARIAL LIABILITY FOR ANNUITIES PAYABLE 134,609. FORM 990, PART XII, LINE 2B: THE ORGANIZATION'S FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM ON A CONSOLIDATED BASIS. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 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