2012-04-12T08:27:02-05:00 2011-05-31 990 2010-06-01 310537516 Xavier University XAVI 5137453445 3800 Victory Parkway Cincinnati OH 452074531 Maribeth Amyot 5137453445 2012-04-12 2010 2016-02-24 21:20:13Z Maribeth Amyot 3800 Victory Parkway Cincinnati OH 452074531 409778150 0 0928 X www.xavier.edu X 1842 OH Xavier's mission is to serve society by forming students intellectually, morally, and spiritually with rigor and compassion towards lives of solidarity, service and success. 40 35 3068 0 656934 -293077 24194999 20049453 151354487 188421783 -1577876 4755320 16332 81553 173987942 213308109 45811086 50072223 0 0 84975750 90719498 0 0 3913552 58247264 65772119 189034100 206563840 -15046158 6744269 540671952 559687371 255582224 252028784 285089728 307658587 X Xavier's mission is to educate. Our essential activity is the interaction of students and faculty in an educational experience characterized by critical thinking and articulate expression with specific attention given to ethical issues and values. 0 0 119699209 48465929 150741991 Xavier University is a private, coeducational university that educates students in the Jesuit Catholic tradition. Xavier's three colleges offer 85 undergraduate majors, 54 minors and 11 graduate programs to 6,945 students, including 4,540 undergraduates. Xavier has been recognized as one of the top 10 universities in the Midwest for the last 17 years by several independent reviews. A 12:1 student to faculty ratio encourages interactive and supportive learning. Xavier students have high graduation and career placement rates. 52368403 1166857 37679792 Xavier University offers student services which contribute to the student's emotional and physical well being as well as intellectual, cultural and social development outside the context of formal instruction. These services include Student Government, Residential Life, Student Involvement, Career Services Center, Office of Multicultural Affairs, Intercollegiate Athletics, Recreational Sports, Retail Services, Dining Services, Campus Police and others. 11221800 Academic support includes the operation of the Library, the Conaton Learning Commons and Division of Information Resources. In addition to the resources in the library collections, the facilities provide study, lounge, conference, instruction space, technologies, and services to help students master essential skills and gain a competitive advantage in their respective disciplines and careers. 3732942 439437 Includes primarily the University's community service activities and miscellaneous programs. From community service opportunities to a nationally recognized academic service learning program, Xavier students stand in solidarity with communities throughout the world. Practices of direct service, community building, and public policy advocacy promote advanced learning and pursuit of social justice. 3732942 439437 187022354 1 1 0 0 0 0 1 0 1 1 1 0 1 1 1 0 1 1 0 1 1 0 0 1 1 0 1 1 1 1 0 1 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 0 1 0 1 635 0 3068 1 1 1 1 CJ 0 0 0 1 1 0 0 0 0 X 40 35 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X X X Maribeth Amyot 5137453445 3800 Victory Parkway Cincinnati OH 452074531 Michael J Graham SJ 40.00 X X 0 0 0 John Larocca SJ 40.00 X 0 0 0 Phyllis Adams 0.50 X 0 0 0 Donna Jones Baker 0.50 X 0 0 0 Bruce Brown 0.50 X 0 0 0 Gordon F Brunner 0.50 X 0 0 0 Vincent C Caponi 0.50 X 0 0 0 Robert H Castellini 0.50 X 0 0 0 Michael D Class SJ 0.50 X 0 0 0 Thomas G Cody 0.50 X 0 0 0 Michael J Conaton 0.50 X 0 0 0 Justin Daffron SJ 0.50 X 0 0 0 Walter C Deye SJ 0.50 X 0 0 0 Dr Salem Foad 0.50 X 0 0 0 Charles P Gallagher 0.50 X 0 0 0 Philip W Gasiewicz 0.50 X 0 0 0 Hon Sylvia Sieve Hendon 0.50 X 0 0 0 Ann Finefrock Hoffman 0.50 X 0 0 0 Barbara J Howard Esq 0.50 X 0 0 0 Timothy Howe SJ 0.50 X 0 0 0 Gregory G Joseph 0.50 X 0 0 0 David L Joyce 0.50 X 0 0 0 Catherine H Kennedy 0.50 X 0 0 0 Donald P Klekamp Esq 0.50 X 0 0 0 Robert J Kohlhepp 0.50 X X 0 0 0 Gregory N P Konz SJ 0.50 X 0 0 0 Dr John C Lechleiter 0.50 X X 0 0 0 John B Maydonovitch 0.50 X 0 0 0 W Rodney McMullen 0.50 X X 0 0 0 Ralph S Michael III 0.50 X 0 0 0 James A Miller 0.50 X 0 0 0 Katherine S Napier 0.50 X 0 0 0 Joseph A Pichler 0.50 X 0 0 0 Dr Janet Butler Reid 0.50 X 0 0 0 Joseph L Rippe 0.50 X X 0 0 0 Stephen S Smith 0.50 X 0 0 0 Robert A Sullivan 0.50 X 0 0 0 William Verbryke SJ 0.50 X 0 0 0 Kathlyn R Wade 0.50 X 0 0 0 James L Wainscott 0.50 X 0 0 0 Jessica L Zeller Esq 0.50 X 0 0 0 Roger A Fortin 40.00 X 224266 0 32041 John F Kucia 40.00 X 233180 0 31221 Maribeth Amyot 40.00 X 308278 0 29714 Gary R Massa 40.00 X 243567 0 34839 Terry C Richards 40.00 X 199562 0 21698 David W Dodd 40.00 X 183433 0 24238 Christopher L Mack 40.00 X 696860 0 35429 Ali R Malekzadeh 40.00 X 308883 0 27006 Kevin P McGuff 40.00 X 245964 0 32575 Michael A Bobinski 40.00 X 230471 0 24223 Daewoo Park 40.00 X 194062 0 23927 3068526 0 316911 115 0 1 0 Radiant Technology LLC 8772 Cotter Street Lewis Center OH 43035 Consulting 1747096 Dell Marketing One Dell Way Round Rock TX 78682 Technology 1587517 SBM Site Services LLC 5241 Arnold Avenue McClellan CA 95652 Engineering 1272507 TJ Dyer Mechanical Services 5240 Lester Road Cincinnati OH 45213 Mechanical contractor 526305 Subvest II LLC 1143 Saint Gregory Street Cincinnati OH 45202 Food Service 389091 15 126112 2226016 17697325 1752557 20049453 Tuition and Fees 611710 150741991 150741991 Auxiliary Enterprises 611710 26483352 25922725 560627 Educational Activities 611710 11196440 11196440 188421783 2732055 2635748 96307 198355971 194760223 1572483 3595748 -1572483 2023265 -1572483 3595748 148888 126112 112335 36553 36553 70000 25000 45000 45000 213308109 188924421 656934 3677301 439437 439437 49626786 49626786 6000 6000 3385437 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255582224 252028784 X 155093385 167732419 59947396 68664671 70048947 71261497 285089728 307658587 540671952 559687371 X 6744269 15824590 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 139173847 16484391 22367826 15850759 162175305 119574670 38916677 12679221 31996721 139173847 118708097 15427746 -343383 -14217790 119574670 0.13000 0.43000 0.44000 0 0 12456010 12456010 248788574 72628685 176159889 40054345 28145933 11908412 37392906 12737662 24655244 225179555 US Government & Agency Obligations 16271277 F Corporate Stocks & Stock Funds 75845509 F Corporate Bonds & Bond Funds 37364992 F Alternative Investments 14952033 F Mortgage and asset-backed securities 8490903 F 152924714 Unexpended Revenue Bond Proceeds 904169 Accrued Income Receivable 3623988 Construction in Progress 52785739 57313896 Refundable Advances to US Government 3684348 2008 Series B Taxable Bonds 47380000 Refundable Advance to Local Health System 2000000 Interest Rate Swap 10968000 64032348 Part III, Line 1a: The University's collections of art, which were acquired through purchases and contributions since the organization's inception, are not recognized as assets on the statement of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired or as temporarily or permanently restricted net assets if the assets used to purchase the items are restricted by donors. Contributed collection items are not reflected on the financial statements. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. Description of Intended Use of Endowment Funds: Part V, Line 4: The endowment consists of approximately 740 individual funds established for a variety of purposes, such as scholarships, endowed chairs, departmental and operating budget support. Description of Uncertain Tax Positions Under FIN 48: Part X: The University adopted FIN 48 in the year ended May 31, 2008. The adoption of FIN 48 did not have a material impact on the financial statements. 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 University is in compliance with Rev. Proc. 75-50. Explanation of Government Financial Assistance Schedule E, Part I, Line 6 A Federal process is in place that requires Universities to verify selected student FAFSA forms for completeness and accuracy. When students are selected for the Federal Verification the office of financial aid collects acceptable tax documentation and has the student complete a standard verification worksheet to support the federal process. After signatures and completeness of the submitted documentation is confirmed a FA Counselor will audit the information. The FA counselor will compare the FAFSA information to tax information to check for variances. If a variance occurs the FA counselor will correct the data element in the FASFA record within the Banner record. After correcting the data element the ISIR record is sent to the federal processor for corrections. After the federal verification process is completed a FA Counselor will checkmark an indicator in the FA System to allow disbursement of federal aid. Europe 0 0 Program Services Education and service programs 258541 Central American & Caribbean 0 0 Program Service Service project 57236 0 0 0 0 0 0 315777 0 315777 India Adopt a Widowed Mother - holistic care, training, literacy, food, shelter, counseling and medical care for a woman and her children. 6000 Check 1 0 0 0 0 1 0 Golf Outing 275000 126112 148888 3000 1150 15000 15385 39800 38000 275000 126112 148888 3000 1150 15000 15385 39800 38000 112335 36553 70000 25000 1 0.89000 70000 25000 25000 45000 OH 0 License is not required by the State of Ohio for the gaming activity held by an exempt organization. 0 0 0 1.00000 Tom Brady 3800 Victory Parkway Cincinnati OH 45207 0 Tom Brady 2348 Coordinates volunteers and employees to plan and run the event. X 0 1 United Way 2400 Reading Road Cincinnati OH 45202 310537502 501(c)(3) 18422 General support National Underground Railroad Freedom Center 50 E Freedom Way Cincinnati OH 45202 311436217 501(c)(3) 11500 General support Center for Holocaust and Humanity Education 3101 Clifton Avenue Cincinnati OH 45236 205090993 501(c)(3) 10000 General support National Association for the Advancement of Colored People 4805 Mount Hope Drive Baltimore MD 21215 131084135 501(c)(3) 8000 General support An Orphan Smiles PO Box 175 Kimberton PA 19442 262111721 501(c)(3) 5750 General support Cincinnati Children's Hospital Medical Center 3333 Burnet Avenue Cincinnati OH 45229 310833936 501(c)(3) 5745 General support Cooperative for Education 2730 Hyde Park Avenue Cincinnati OH 45209 311545464 501(c)(3) 5480 General support HIAS 333 7th Avenue New York NY 10001 135633307 501(c)(3) 5290 General support Jewish National Fund 42 East 69th Street New York NY 10021 131659627 501(c)(3) 5000 General support Cristo Rey Network 14 E Jackson Boulevard No 1200 Chicago IL 60604 043730980 501(c)(3) 5000 General support Hebrew Union College 3101 Clifton Avenue Cincinnati OH 45220 310537067 501(c)(3) 5000 General support Junior Achievement of OKI Partners 644 Linn Street Cincinnati OH 45203 320014307 501(c)(3) 5000 General support 12 0 Educational Grants to University Students 5092 49626786 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Every full-time traditional undergraduate student is considered for merit-based financial aid. Merit-based aid is determined by the Admissions and Financial aid department's analysis of a student's academic credentials, such as standardized test scores and high school transcripts. A student interested in receiving need-based financial aid is required to submit a Free Application for Federal Student Aid (FASFA) for each school year. Once all the eligibility criteria are met and all necessary documents are obtained, either through review of the ISIR or by efforts of the financial aid counselor, the financial need of the student is determined by the difference between the cost of attendance at Xavier and the EFC toward those costs. After the financial need for the student is calculated the financial aid package for each student is determined by the Banner system based on the student's financial need, academic merit, talent, enrollment status, level in school, and dependency status. Award letters (via e-mail or regular mail) are then prepared and sent to each student, notifying them of what types of awards they are deemed eligible to receive. The student then has the option to decline any aid that is offered to them. Xavier uses passive acceptance of aid offered. X X X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 Roger A Fortin 223294 0 0 0 972 0 22895 0 9146 0 256307 0 0 0 John F Kucia 217830 0 5000 0 10350 0 22047 0 9174 0 264401 0 0 0 Maribeth Amyot 248477 0 10000 0 49801 0 20825 0 8889 0 337992 0 0 0 Gary R Massa 221372 0 10000 0 12195 0 21464 0 13375 0 278406 0 0 0 Terry C Richards 191993 0 0 0 7569 0 16742 0 4956 0 221260 0 0 0 David W Dodd 182563 0 0 0 870 0 16064 0 8174 0 207671 0 0 0 Christopher L Mack 329303 0 360000 0 7557 0 22050 0 13379 0 732289 0 0 0 Ali R Malekzadeh 296383 0 12500 0 0 0 22050 0 4956 0 335889 0 0 0 Kevin P McGuff 207799 0 37000 0 1165 0 19200 0 13375 0 278539 0 0 0 Michael A Bobinski 201975 0 25000 0 3496 0 19267 0 4956 0 254694 0 0 0 Daewoo Park 194062 0 0 0 0 0 10629 0 13298 0 217989 0 0 0 Part I, Line 1a Charter travel arrangements are used on a limited basis for certain athletic team travel and reduces missed class time by student athletes. Charter travel arrangements are also used on a limited basis for recruiting purposes when commercial travel options are not efficient. The President of the University lives in student housing as a convenience of the University, and therefore not a taxable benefit. Social club dues were provided for the President and CFO for business purposes. Social club business related expenses were reimbursed to the Vice President of University Relations. Part I, Line 7 Xavier University provided non-fixed payments to Chris Mack and Kevin McGuff as bonuses as outlined in their wriiten employment contracts that were approved by the Compensation Committee. It is at the discretion of the President, and approval of Compensation Committee,that members of management are awarded based upon significant accomplishments of key departmental objectives. Supplemental Information Part III Schedule J, Part II: John LaRocca, S.J. John LaRocca, S.J. receives compensation, $83,915, from Xavier University as payment for his teaching duties, not for his service as a board member. John LaRocca's compensation is not paid directly to him but is paid to his Religious Order in accordance with his vow of poverty. Supplemental Information Part III Schedule J, Part II: Michael J. Graham, S.J. Compensation of $352,165 for President Michael J. Graham, S.J. is not paid to him directly but is paid to his Religious Order in accordance with his vow of poverty. Ohio Higher Educational Facility Commission (Xavier 2003 Project) 346849674 67756ARX2 2003-03-05 25308115 Renovation of Educational Facilities & Refunding of Bonds dated 4/1/1992 1 0 0 Ohio Higher Educational Facility Commission (Xavier 2006 Project) 346849674 67756AVF6 2006-05-04 46463299 Refunding of Bonds issued 6/19/1997, Property Acquisition & Technology Impro 1 0 0 Ohio Higher Educational Facility Commission (Xavier 2008A Project) 346849674 67756BJV6 2008-04-30 23475000 Refunding of Xavier 2003 Series issued 3/15/2003 0 0 0 Ohio Higher Educational Facility Commission (Xavier 2008C Project) 346849674 67756AK76 2008-12-04 53786726 Construction of Educational Facilities & Central Utility Plant 0 0 0 25340482 603961 6050297 2005 1 0 1 1 46664876 612727 5239616 2008 0 1 1 1 23475144 18334452 211935 2008 0 1 1 1 54379587 788144 53591444 2010 0 0 1 1 0 0 0 0 1 0.00000 0.00000 0.00000 1 0 0 0 0 1 0.00000 0.00000 0.00000 1 0 0 0 0 1 0.00000 0.00000 0.00000 1 0 0 0 0 1 0.00000 0.00000 0.00000 1 0 0 0 0 0 1 0 0 0 0 0 1 0 1 1 Deutsche Bank Barclays Bank 34.000000000000 0 0 0 0 1 0 0 0 0 0 1 Ohio Higher Educational Facility Commission (Xavier 2010 Project) 346849674 67756AQ88 2010-01-26 48998440 Residence Hall & Central Dining Hall 0 0 0 49079930 769538 44544532 904662 0 0 0 0 0 0 0 0 1 0.00000 0.00000 0.00000 1 0 0 0 0 0 1 14000 Merit - based Scholarship Nike Inc Trustee John C. Lechleiter is a Director of Nike, Inc. 162852 Independent Contractor 0 Fifth Third Bank Trustee Robert S. Sullivan is an Officer of Fifth Third Bank 596513 Independent Contractor 0 Cintas Trustee Robert Kohlhepp is the Chairman of Cintas Corp. 240562 Independent contractor 0 Cincinnati Reds Trustee Robert Castellini is the owner of the Cincinnati Reds 30612 Independent Contractor 0 X 134 1685023 FMV or selling price X Office supplies and equipment 39 67534 Fair market value 0 0 0 0 Method for Determining Number of Contributors: Part I, Column (b): Contributors is the number of individual transactions, could represent an individual more than once if multiple contributions are made throughout the year by the same individual. Form 990, Part VI, Section A, line 2 Richard L. Antoine, a former Trustee of Xavier University, has a business relationship with W. Rodney McMullen, a Trustee of Xavier University. Thomas L. Williams, a former Trustee of Xavier University, has a business relationship with Thomas G. Cody and with Robert Castellini, Trustees of Xavier University. James L. Wainscott, Trustee of Xavier University, has a business relationship with Robert Kohlhepp, a Trustee of Xavier University. Form 990, Part VI, Section B, line 11 Management, including certain Officers, works diligently to complete the Form 990 and attached schedules in a thorough manner. Management presents the Form to the Board, or a designated committee, to review and answer any questions. Prior to filing the return, all Board Members are provided the Form 990 and management team members are available to answer any Board Member's questions. Form 990, Part VI, Section B, line 12c The policy requires all officers, directors and key employees to complete an annual questionnaire pertaining to conflicts of interest. The questionnaire is administered by the President's Office for the Board of Trustees and by Human Resources for employees. Disclosed conflicts or potential conflicts are compiled and given to the office of the Chief Financial Officer. The Chief Financial Officer reviews and shares the responses with the Audit Committee of the Board of Trustees. In the interim between questionnaires, conflicts are to be reported to the Chief Financial Officer, who will consult with the President and with the Chair of the Audit Committee and advise the conflicted officer, director or key employee on the steps required to manage or clear the conflict. Members of the governing board with a transactional conflict are required to recuse themselves from any discussion and/or vote pertaining to the conflicted transaction, and this is reflected in the minutes of the organization. Form 990, Part VI, Section B, line 15 Although the following procedures were followed regarding the determination of the President of Xavier University's compensation, the compensation reported on this Form 990 was not actually received by the President of the University, but rather by his Religious Order in accordance with his vow of poverty. In determining compensation of the organization's President, other officers and key employees, the process included a review and approval by independent persons on the Board of Trustees who evaluate performance, comparability data, and contemporaneous substantiation of the deliberation and decision. The compensation was reviewed and approved by the Executive Committee of the Board of Directors or the Compensation Committee. In the review of the compensation, the President, other officers and key employees were compared to individuals that hold similar positions at similar universities. The determination of similar universities was made by the Compensation Committee of the Board of Trustees with the assistance of a professional consulting firm. During the review and approval of the compensation, documentation of the decision was recorded in the committee minutes. Individuals were not present when their compensation was decided. Form 990, Part VI, Section C, line 19 The organization will provide any documents required to be open to public inspection upon request. Form 990 is available to the public on Xavier's website. Whistleblower policy Form 990, Part VI, line 13 The Whistleblower policy was adopted by the Board of Trustees after May 31, 2011 but before tax filing. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized gains on investments: 16,846,747. Change in interest swap rate -1,113,000. Actuarial change 90,843. Total to Form 990, Part XI, Line 5: 15,824,590. Audit Responsibility The Audit Committee is responsible for the oversight of the audit and the selection of an independent auditor. This process has not changed in the current year. Business relationship Form 990, Part VI, line 2 Trustee Ralph Michael, III has a business relationship with Trustee Robert Kohlhepp. Business relationship Form 990, Part VI, line 2 Former Trustee Richard Antoine has a business relationship with Trustee Rodney McMullen. Norwood Cafe LLC 3800 Victory Parkway Cincinnati OH 452074531 260307190 Hospitality associated with art exhibits and other Xavier events OH Xavier University 3759 Montgomery Road LLC 3759 Montgomery Road Cincinnati OH 452074531 Real Estate OH Xavier University Xavier Student Agencies 3800 Victory Parkway Cincinnati OH 452074531 205299309 Student Activities OH Section 501(c)(3) Schedule A, Line 2 Xavier University 0 A Blessing to One Another Inc 3800 Victory Parkway Cincinnati OH 452074531 201317004 Interfaith Issues OH Section 501(c)(3) Schedule A, Line 9 Xavier University 0 XUPROP CO 3800 Victory Parkway Cincinnati OH 452074531 311700715 Real Estate Holding Company OH Section 501(c)(2) N/A Xavier University 0 XUPROP CO- Cincinnati 3800 Victory Parkway Cincinnati OH 452074531 311700752 Real Estate Holding Company OH Section 501(c)(2) N/A Xavier University 0 XUPROP CO- Dana 3800 Victory Parkway Cincinnati OH 452074531 201367022 Real Estate Holding Company OH Section 501(c)(2) N/A Xavier University 0 XUPROP CO- Plaza 3800 Victory Parkway Cincinnati OH 452074531 261870850 Real Estate Holding Company OH Section 501(c)(2) N/A Xavier University 0 XUPROP CO- Norwood 3800 Victory Parkway Cincinnati OH 452074531 201037010 Real Estate Holding Company OH Section 501(c)(2) N/A Xavier University 0 NAB Real Estate Holdings LLC 3727 Boomer Road Cincinnati OH 45247 200695355 Real Estate Holding OH Xavier University Related -4566 38737 0 0 N A B Oil and Gas Holdings Inc 3727 Boomer Road Cincinnati OH 45247 311705417 Oil and Gas OH Xavier University S 81688 0.75000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 XUProp Co B 140000 XUProp Co- Norwood B 134840 XUProp Co- Cincinnati B 15000