2011-01-24T08:18:31-07:00 2010-06-30 990 2009-07-01 381369604 LAWRENCE TECHNOLOGICAL UNIVERSITY LAWR 2482044000 21000 West Ten Mile Road Southfield MI 480751058 Linda Height 2482042100 2011-01-24 2009 2016-02-24 21:20:13Z Lewis Walker 21000 West Ten Mile Rd Southfield MI 480751058 56285585 0 X www.ltu.edu X 1932 MI A higher educational University by its mission to develop leaders through innovative and agile programs embracing theory and practice. The University's Vision is to be a preeminent private university producing leaders with an entrepreneurial spirit and global view. 16 15 1365 0 0 0 9595931 5913104 51037779 48744234 1496136 1167108 -221904 -237533 61907942 55586913 0 0 0 0 34756023 33287072 167733 0 5065214 24092472 23689622 59016228 56976694 2891714 -1389781 117509414 119837393 47318366 48161133 70191048 71676260 To develop leaders through innovative and agile programs embracing theory and practice. 0 0 38156069 45660087 Higher Education : Associates, Baccalaureate, Graduate Program services were provided to 5,591 students and 1,044 received their degrees. This activity contributes importantly to the University's purpose by providing funding for educational services at less than the aggregate cost of these services. This activity is the exempt purpose of the University. 727792 2557784 Higher Education: Campus apartments, residences, and residential services were provided for 588 students primarily in housing. These activities are important components for the University's primary exempt purpose of providing educational services. These activities include student housing, cafeteria services, bookstore services and other related services deemed necessary for the students. 2160996 526363 Higher Education : Student Activities - Academic associations, student government, and recreational programs. Participation in various associations were used by 2,892 students. These activities are important components for the University's primary exempt purposes of providing educational services. These activities include library, copier, transcripts, fines, and other various services. 0 0 0 41044857 1 1 0 1 0 0 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 265 0 1 1365 1 0 0 0 0 0 16 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MI X Linda Height 2482042100 21000 West Ten Mile Rd Southfield MI 480751058 Victor A Saroki 2 X 0 0 0 Lewis Walker 40 X X X X 304998 0 0 Lauren L Bowler 2 X 0 0 0 Raymond Khan 2 X 0 0 0 Howard B Padgham 2 X 0 0 0 John G Petty 2 X 0 0 0 Lloyd E Reuss 8 X 0 0 0 Joseph E Champagne 2 X 0 0 0 David B Wohleen 2 X 0 0 0 Douglas E Ebert 2 X 0 0 0 Mathew A DeMars 2 X 0 0 0 Barbara Samardzich 2 X 0 0 0 John E Elliott 2 X 0 0 0 Larry D Lyons 2 X 0 0 0 Marcy Klevorn 2 X 0 0 0 Mark C Roualet 2 X 0 0 0 Louis DeGennaro 40 X X 139901 0 0 Linda Height 40 X X 150611 0 0 Stephen Brown 40 X X X 179800 0 0 Nabil Grace 40 X X 465068 0 0 Maria Vaz 40 X X 200886 0 0 Samuel McCord 40 X 129800 0 0 Glen LeRoy 40 X 156026 0 0 Devdas Shetty 40 X X 170000 0 0 Joseph Veryser 40 X 143008 0 0 Lisa Kujawa 40 X 140395 0 0 Hsiao-Ping H Moore 40 X 134832 0 0 Steven Howell 40 X 127634 0 0 Timothy Chavis 40 X 136481 0 0 2579440 0 0 32 0 1 0 MJ Capital Consulting Co MJ Capital Consulting Co 22211 Michigan Ave Dearborn MI 48124 Legislative 117552 Harris Connect LLC 1511 Route 22 Suite C-25 Brewster NY 10509 Fundraisers 397780 Plante Moran PLLC 26300 Northwestern Hwy Southfield MI 48076 Audit 116000 Aramark 527 Plymouth Plymouth Meeting PA 19462 Maintenance Services 2678741 Spectrum Strategies 26913 Northwestern Hwy Ste 200 Southfield MI 48034 Consulting 163407 0 0 0 0 0 3953940 1959164 0 5913104 Educational Services 611310 45660087 45660087 0 0 Auxiliary Services 721310 2557784 2557784 0 0 Student Activities 611710 526363 526363 0 0 0 0 0 0 48744234 1167108 1167108 0 0 0 0 0 0 0 0 0 0 461139 0 698672 0 -237533 0 -237533 -237533 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 55586913 49673809 0 0 1412518 612381 623337 176800 0 0 0 0 26860581 20984571 4524959 1351051 554797 132172 409146 13479 2680772 2179224 346646 154902 1778404 1493213 177300 107891 0 0 0 0 102820 102820 96893 96893 193642 193642 0 0 0 0 0 0 3162137 2015515 600948 545674 950102 129936 10955 809211 2291321 1781216 364472 145633 1922001 1922001 0 0 0 0 0 0 1928147 1581439 151548 195160 948406 543778 238159 166469 0 0 0 0 0 0 0 0 2123320 1511070 425774 186476 0 0 0 0 5546607 4089662 952253 504692 459352 0 459352 0 Education and training 1096006 903170 136517 56319 Miscellaneous expenses 507384 57095 430047 20242 Bad debts 417743 0 417743 0 Printing, Publications, Postage, Telephone 1122171 747767 32004 342400 Equipment rental and maintenance 821570 360647 365750 95173 0 0 0 0 56976694 41044857 10866623 5065214 3174316 4549290 0 0 3541034 1862631 4237747 3964938 0 0 0 0 812007 897790 0 0 851735 677451 125792231 56192742 72048858 69599489 32843717 38285804 0 0 0 0 0 0 117509414 119837393 7169324 10950151 287143 379945 723914 528283 28400000 27330000 7932122 6135798 2805863 2836956 47318366 48161133 X 35257160 35249234 19991902 20885657 14941986 15541369 70191048 71676260 117509414 119837393 X 0 1 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 193642 193642 56783052 56976694 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 171736 186335 167733 193642 719446 250000 250000 250000 250000 1000000 1500000 0 0 0 0 0 21157972 499584 2456277 0 687332 0 23426501 21823188 5756957 -3743795 0 2678378 0 21157972 0.09 0.66 0.25 0 0 934607 0 934607 86066670 0 29243607 56823063 3699292 0 2152562 1546730 35091662 0 24796573 10295089 0 0 0 0 69599489 0 0 0 0 Fair Value Interest Swap 2081408 Deposits from Students 755548 2836956 55586913 56976694 -1389781 3089171 0 0 0 -214178 2874993 1485212 59160578 3089599 0 0 484066 3573665 55586913 0 0 0 55586913 57675366 0 0 0 698672 698672 56976694 0 0 0 56976694 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The University's endowment includes both donor-restricted endowment funds and funds designated by the board of trustees to function as endowments. Permanently restricted funds are subjected to donor imposed restrictions that resources be maintained indefinitely, but permit the University to use or expend part or all of the income derived from the donated assets. Temporily restricted are subject to donor-imposed restrictions that permit the University to use or expend the asset either by the passage of time or other actions of the University. Board designated are neither permanently restricted nor temporarily restricted by donor-imposed stipulations. These funds may be designated for specific purposes by action of the board. SchD_P10_S00_L00 Schedule D, Part X Interest Swap Liability and Student Deposits SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Consist of pledge revenues and net losses on rentals SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Other consisted of pledge revenues and gross rent from rental properties. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Rental expenses on properties. 1 1 1 This information is part of the registration process, including its brochures and web site. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 Students are awarded Pell grants, federal work studies, Perkin loans, SEOG, and other which the University receives from the Federal Government directly and applies the receipts to student accounts in accordance with the rules and regulations governing these programs. 1 X 1 1 X X 0 0 0 0 0 0 0 0 0 Lewis Walker 304998 0 0 0 0 0 0 0 28151 0 333149 0 320704 0 Nabil Grace 180000 0 0 0 285068 0 0 0 24503 0 489571 0 390802 0 Linda Height 150611 0 0 0 0 0 0 0 24347 0 174958 0 150611 0 Stephen Brown 179800 0 0 0 0 0 0 0 23695 0 203495 0 179800 0 Devdas Shetty 170000 0 0 0 0 0 0 0 24828 0 194828 0 170000 0 Maria Vaz 200886 0 0 0 0 0 0 0 13790 0 214676 0 167728 0 Glen LeRoy 156026 0 0 0 0 0 0 0 23156 0 179182 0 156026 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a An automobile and housing residence is furnished for the President of the University. F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 The Finance Committee of the Board of Directors reviews the tax return 990 and its attachments and then recommends to the Board approval of the 990 return. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Annual signed disclosure statements are completed by the Board of Directors with any exceptions followed up upon. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Board of Directors is responsible for documenting the University's President compensation. The other compensation documentation is completed by the Human Resources department annually. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 These documents are only available upon the request to the VP of Finance or the President.