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Nonprofiteer
← LOYOLA-NOTRE DAME LIBRARY INC

Form 990 for tax year 2024

Filed by LOYOLA-NOTRE DAME LIBRARY INC.

Totals

Total revenue
$5,099,440
Total expenses
$5,763,602
Contributions and grants received
$4,978,181
Grants paid
$0
Program service revenue
$1,017
Investment income
$110,207
Other revenue
$10,035
Total assets, end of year
$14,204,244
Total liabilities, end of year
$183,031
Net assets or fund balances, end of year
$14,021,213
Program services expenses (Part IX)
$5,038,667
Management and general expenses
$724,935
Fundraising expenses
$0
Program service expenses (Part III)
$5,038,667

Program services were 87.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $4,978,181

  • 2a · Program service revenue: OPERATIONAL SALES

    total $1,017 · related or exempt $1,017

  • 3 · Investment income

    total $110,207 · excluded $110,207

  • 11a · Other revenue: PRINTING REVENUE

    total $5,694 · related or exempt $5,694

  • 11b · Other revenue: PARKING LOT INCOME

    total $2,541 · related or exempt $2,541

  • 11c · Other revenue: VENDING INCOME

    total $1,800 · related or exempt $1,800

  • 11e · Other revenue, total

    $10,035

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $151,634 · program services $131,922 · management and general $19,712

  • 7 · Other salaries and wages

    total $1,584,869 · program services $1,385,737 · management and general $199,132

  • 8 · Pension plan contributions

    total $158,622 · program services $132,155 · management and general $26,467

  • 9 · Other employee benefits

    total $200,594 · program services $167,123 · management and general $33,471

  • 10 · Payroll taxes

    total $126,411 · program services $105,318 · management and general $21,093

  • 11c · Fees: accounting

    total $122,817 · management and general $122,817

  • 11g · Fees: other

    total $10,627 · management and general $10,627

  • 12 · Advertising and promotion

    total $4,416 · management and general $4,416

  • 13 · Office expenses

    total $16,303 · program services $13,583 · management and general $2,720

  • 14 · Information technology

    total $73,771 · program services $73,771

  • 16 · Occupancy

    total $335,188 · program services $279,259 · management and general $55,929

  • 22 · Depreciation, depletion and amortization

    total $918,072 · program services $764,884 · management and general $153,188

  • 23 · Insurance

    total $70,504 · program services $58,740 · management and general $11,764

  • 24a · Other expenses: LIBRARY MATERIALS

    total $1,427,644 · program services $1,427,644

  • 24b · Other expenses: BUILDING MAINTENANCE

    total $286,797 · program services $238,942 · management and general $47,855

  • 24c · Other expenses: LIBRARY CONSORTIUM

    total $167,629 · program services $167,629

  • 24d · Other expenses: ONLINE COMPUTER LIBRARY

    total $75,863 · program services $75,863

  • 24e · All other expenses

    total $31,841 · program services $16,097 · management and general $15,744

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,231,930 · end of year $1,939,952

  • 9 · Prepaid expenses and deferred charges

    beginning of year $254,300 · end of year $268,208

  • 10a · Land, buildings and equipment: cost or other basis

    $37,457,994

  • 10b · Land, buildings and equipment: accumulated depreciation

    $25,591,910

  • 10c · Land, buildings and equipment, net

    beginning of year $12,667,214 · end of year $11,866,084

  • 15 · Other assets

    beginning of year $130,000 · end of year $130,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $598,069 · end of year $183,031

  • 27 · Net assets without donor restrictions

    beginning of year $14,685,375 · end of year $14,021,213

Mission and programs · 2024

Mission

THE LIBRARY PROVIDES INFORMATION SERVICES AND RESOURCES FOR THE EDUCATIONAL PROGRAMS AND CONCERNS OF LOYOLA UNIVERSITY OF MARYLAND AND NOTRE DAME OF MARYLAND UNIVERSITY.

Activities or mission (Part I)

INFORMATION AND RESOURCE SUPPORT FOR LOYOLA UNIVERSITY OF MARYLAND AND NOTRE DAME OF MARYLAND UNIVERSITY.

  • OPERATING, MAINTAINING, AND UPDATING LIBRARY FACILITIES FOR USE PRIMARILY BY FACULTY AND STUDENTS OF TWO COLLEGES - LOYOLA UNIVERSITY OF MARYLAND AND NOTRE DAME OF MARYLAND UNIVERSITY.

    Expenses $5,038,667 · Revenue $11,052

As filed on the 2024 return.

Listed in Part VII

  • Amy Bowerman-Freed

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Andrew Light

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Bishop Denis J Madden

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Cheryl Moore-Thomas

    TRUSTEE

    Total calculated
    $382,144
    From this org
    $0
    From related orgs
    $350,660
    Other
    $31,484
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $335,758 related
    Bonus
    $0
    Other
    $0 + $14,902 related
    Deferred
    $0 + $29,961 related
    Nontaxable benefits
    $0 + $1,523 related
    Filer's total
    $0 + $382,144 related
  • Dr Marylou Yam

    TRUSTEE

    Total calculated
    $390,600
    From this org
    $0
    From related orgs
    $347,990
    Other
    $42,610
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $347,990 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $42,610 related
    Filer's total
    $0 + $390,600 related
  • James G Neal

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5
  • Kristy Michel

    TRUSTEE AFTER 4/1/25

    Total calculated
    $0
    Hours/week
    5 + 40 related
  • Marguerite Mugge

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Martha Walker

    TRUSTEE

    Total calculated
    $203,846
    From this org
    $0
    From related orgs
    $189,242
    Other
    $14,604
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $189,242 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $14,604 related
    Filer's total
    $0 + $203,846 related
  • Sean Delaney

    TRUSTEE

    Total calculated
    $197,149
    From this org
    $0
    From related orgs
    $172,753
    Other
    $24,396
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $172,753 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $24,396 related
    Filer's total
    $0 + $197,149 related
  • Terrance Sawyer

    TRUSTEE

    Total calculated
    $600,782
    From this org
    $0
    From related orgs
    $552,667
    Other
    $48,115
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $524,816 related
    Bonus
    $0
    Other
    $0 + $27,851 related
    Deferred
    $0 + $31,050 related
    Nontaxable benefits
    $0 + $17,065 related
    Filer's total
    $0 + $600,782 related
  • William Leimbach

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • John Coppola

    TRUSTEE TILL 09/07/2024

    Total calculated
    $250,716
    From this org
    $0
    From related orgs
    $222,295
    Other
    $28,421
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $217,672 related
    Bonus
    $0
    Other
    $0 + $4,623 related
    Deferred
    $0 + $20,345 related
    Nontaxable benefits
    $0 + $8,076 related
    Filer's total
    $0 + $250,716 related
  • Sean Francis

    TRUSTEE FROM 9/7/24-4/1/25

    Total calculated
    $266,136
    From this org
    $0
    From related orgs
    $245,868
    Other
    $20,268
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $218,068 related
    Bonus
    $0 + $27,800 related
    Other
    $0
    Deferred
    $0 + $19,539 related
    Nontaxable benefits
    $0 + $729 related
    Filer's total
    $0 + $266,136 related
  • Mary C O'Neill

    EXECUTIVE DIRECTOR

    Total calculated
    $150,149
    From this org
    $119,649
    From related orgs
    $0
    Other
    $30,500
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $119,649
    Bonus
    $0
    Other
    $0
    Deferred
    $30,500
    Nontaxable benefits
    $0
    Filer's total
    $150,149

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
25 March 2026
IRS schema version
2024v5.5
Source object
202600999349301515

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