University Of Mary
- Assets
- $188.0m
- Revenue
- $79.6m
- Investments
- $0.0
- Employees
- 1,297
- Location
- Bismarck, ND
- Founding
- 04/1961
- Data as of
- 06/2020
- EIN
- 45-0273403
University Of Mary Overview
University Of Mary is located in Bismarck, ND. The organization was established in 1961. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2020, University Of Mary employed 1,297 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, University Of Mary generated $79.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $79.4m during the year ending 06/2020. While expenses have increased by 5.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, University Of Mary has awarded 61 individual grants totaling $1,288,767. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
A PRIVATE INSTITUTION OF HIGHER EDUCATION OFFERING GRADUATE AND UNDERGRADUATE DEGREES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 3,816 STUDENTS AND HAS 496 FACULTY MEMBERS. THEY HAVE FIVE SCHOOLS WITH MORE THAN 60 DEGREE PROGRAMS. IN ADDITION, THERE ARE 16 GRADUATE DEGREE PROGRAMS AND FOUR DOCTORAL DEGREES. THEY AVERAGE A PLACEMENT RATE OF APPROXIMATELY 95 PERCENT OVERALL FOR THEIR GRADUATES.
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, 1,887 STUDENTS RECEIVED SOME TYPE OF ACADEMIC STUDENT AID AND 319 STUDENTS RECEIVED ATHLETIC STUDENT AID. IN ADDITION, 61 INTERNATIONAL STUDENTS RECEIVED STUDENT AID.
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.
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.
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University Of Mary Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Vetter Executive V.P. Through Dec 2019 | Officer | 40 | $196,578 |
Monsignor James P Shea President (see Sch O For Detail) | OfficerTrustee | 40 | $161,744 |
Jerome Richter Executive V.P. Starting Dec 2019 | Officer | 40 | $157,166 |
Diane Fladeland Vice President For Academic Affairs | 40 | $145,276 | |
Joellen Roller Dean Of School Of Health S | 40 | $132,806 | |
Robert Dosch Chair -Undergraduate Trad'l Studies | 40 | $132,025 |
University Of Mary Vendors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Northwest Contracting Inc Contracted Services | 6/29/20 | $6,551,825 |
Dynamic Campus Solutions Inc It Services | 6/29/20 | $2,524,400 |
Compass Group Usa Inc Dining Services | 6/29/20 | $5,930,936 |
Vogel Law Firm Pc Legal Services | 6/29/20 | $507,295 |
Jenzabar Inc Consulting | 6/29/20 | $328,908 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $412,696 |
| Related organizations | $0 |
| Government grants | $194,853 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,361,017 |
| Noncash contributions included in lines 1a–1f | $195,798 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,968,566 |
| Total Program Service Revenue | $72,676,507 |
| Investment income | $1,259,722 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,356,189 |
| Net Income from Fundraising Events | $6,845 |
| Net Income from Gaming Activities | $20,984 |
| Net Income from Sales of Inventory | $329,633 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $79,618,446 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $340,768 |
| Grants and other assistance to domestic individuals. | $18,066,297 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $665,787 |
| Compensation of current officers, directors, key employees. | $628,915 |
| Compensation to disqualified persons | $223,645 |
| Other salaries and wages | $24,938,301 |
| Pension plan accruals and contributions | $1,427,821 |
| Other employee benefits | $3,706,744 |
| Payroll taxes | $1,928,789 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $490,666 |
| Fees for services: Accounting | $93,292 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,542,910 |
| Advertising and promotion | $1,449,123 |
| Office expenses | $2,180,564 |
| Information technology | $1,256,250 |
| Royalties | $0 |
| Occupancy | $2,471,759 |
| Travel | $962,119 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $655,936 |
| Interest | $2,107,592 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,559,578 |
| Insurance | $36,290 |
| All other expenses | $737,015 |
| Total functional expenses | $79,403,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,636,202 |
| Savings and temporary cash investments | $102,779 |
| Pledges and grants receivable | $13,833,224 |
| Accounts receivable, net | $1,939,431 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $11,000 |
| Inventories for sale or use | $364,012 |
| Prepaid expenses and deferred charges | $86,421 |
| Net Land, buildings, and equipment | $100,932,899 |
| Investments—publicly traded securities | $54,981,827 |
| Investments—other securities | $0 |
| Investments—program-related | $2,971,057 |
| Intangible assets | $0 |
| Other assets | $149,562 |
| Total assets | $188,008,414 |
| Accounts payable and accrued expenses | $6,779,426 |
| Grants payable | $11,700 |
| Deferred revenue | $10,138,332 |
| Tax-exempt bond liabilities | $33,442,964 |
| Escrow or custodial account liability | $542,267 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $10,101,145 |
| Unsecured mortgages and notes payable | $5,000,000 |
| Other liabilities | $4,529,127 |
| Total liabilities | $70,544,961 |
| Net assets without donor restrictions | $53,527,844 |
| Net assets with donor restrictions | $63,935,609 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $188,008,414 |
University Of Mary Grants Awarded
Over the last fiscal year, University Of Mary has awarded $155,325 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Bismarck, ND PURPOSE: General Operating | $50,000 |
Bismarck, ND PURPOSE: General Operating | $24,960 |
Golden Valley, MN PURPOSE: General Operating | $24,021 |
Manassas, VA PURPOSE: General Operating | $22,500 |
Washington, DC PURPOSE: General Operating | $10,000 |
Minot, ND PURPOSE: General Operating | $6,422 |
University Of Mary Grants Recieved
Over the last fiscal year, we have identified 10 grants that University Of Mary has recieved totaling $258,482.
| Awarding Organization | Amount |
|---|---|
Marathon Petroleum Foundation Inc Findlay, OH PURPOSE: SCHOOL OF ENGINEERING CONTROL SYSTEMS LABORATORY | $100,000 |
William C And Jane B Marcil Charitable Foundation Fargo, ND PURPOSE: GENERAL OPERATING EXPENSES | $69,000 |
William C And Jane B Marcil Charitable Foundation Fargo, ND PURPOSE: GENERAL OPERATING EXPENSES | $69,000 |
Alex Stern Family Foundation Fargo, ND PURPOSE: SCHOLARSHIPS | $10,000 |
Edmund E Toutges Testamentary Tr 01612 Devils Lake, ND PURPOSE: GENERAL GRANT | $2,682 |
The Leonard Rydell Foundation Grand Forks, ND PURPOSE: SCHOLARSHIP | $2,000 |
Endowment Analysis
| Beg. Balance | $56,051,028 |
| Earnings | $398,691 |
| Net Contributions | $944,206 |
| Grants | $2,154,989 |
| Ending Balance | $55,238,936 |
University Of Mary Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of St Thomas St Paul, MN | $1,331,564,102 | $450,761,247 |
St Catherine University St Paul, MN | $311,571,268 | $144,068,483 |
Trustees Of The Hamline University Of Minnesota St Paul, MN | $223,229,133 | $123,468,200 |
Saint Johns University Collegeville, MN | $424,591,848 | $117,650,669 |
St Marys University Of Minnesota Winona, MN | $182,925,802 | $103,191,263 |
University Of Mary Bismarck, ND | $188,008,414 | $79,618,446 |
Concordia University St Paul St Paul, MN | $151,530,496 | $84,023,708 |
Minneapolis College Of Art & Design Minneapolis, MN | $91,043,825 | $37,447,640 |
Oglala Lakota College Kyle, SD | $101,546,419 | $39,866,976 |
Crown College St Bonifacius, MN | $35,449,181 | $25,391,578 |
Bemidji State University Alumni And Foundation Bemidji, MN | $31,720,859 | $4,038,788 |
Dakota State University Foundation Madison, SD | $34,127,740 | $3,444,107 |
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