2024-04-12T16:45:58-05:00 2023-05-31 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2022-06-01 930386890 WARNER PACIFIC UNIVERSITY WARN 5035171000 2219 SE 68TH AVENUE PORTLAND OR 97215 DOUGLAS WADE EXECUTIVE VICE PRESIDENT/CFO 5035171000 2024-04-05 1 DOUGLAS WADE XXX-XX-XXXX 1 SARAH HINTZ P00492291 3037795710 2024-03-28 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z BRIAN JOHNSON 2219 SE 68TH AVENUE PORTLAND OR 97215 25801702 0 X WWW.WARNERPACIFIC.EDU X 1937 OR OFFER A FOUR-YEAR CHRISTIAN LIBERAL ARTS EDUCATION IN AN URBAN SETTING. 19 19 365 21 0 0 3450202 1517338 11990302 13233107 -401248 322539 2792939 148198 17832195 15221182 0 2094322 0 0 9810028 9959680 7191 0 452270 8738820 7963678 18556039 20017680 -723844 -4796498 31322080 28057593 13308905 14699338 18013175 13358255 X WARNER PACIFIC IS A CHRIST-CENTERED URBAN LIBERAL ARTS UNIVERSITY DEDICATED TO PROVIDING STUDENTS FROM DIVERSE BACKGROUNDS AN EDUCATION THAT PREPARES THEM TO ENGAGE ACTIVELY IN A CONSTANTLY CHANGING WORLD.SEE SCHEDULE O FOR CONTINUATION. 0 0 9421551 2094322 11585032 WARNER PACIFIC UNIVERSITY IS DEDICATED TO SEEING INDIVIDUALS, FAMILIES, AND COMMUNITIES FLOURISH. AS AN URBAN COLLEGE DESIGNED TO SERVE STUDENTS FROM DIVERSE BACKGROUNDS, WE KNOW THAT FOR A CITY TO FLOURISH, ITS LEADERS MUST BE PREPARED TO ENGAGE ACTIVELY IN A CONSTANTLY CHANGING WORLD. AT WARNER PACIFIC, 69% OF STUDENTS COME FROM RACIALLY AND ETHNICALLY DIVERSE BACKGROUNDS AND 33% OF STUDENTS ARE THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE. THROUGH VARIOUS ACADEMIC PROGRAMS, AS WELL AS A HUMANITIES CORE CURRICULUM, WARNER PACIFIC UNIVERSITY PREPARES STUDENTS TO BECOME ENGAGED CITIZENS THROUGH CAREER-FOCUSED LIBERAL ARTS PROGRAMS. A STUDENT-TO- FACULTY RATIO OF 5:1 ENSURES THAT PROFESSORS ARE COMMITTED TO GUIDING STUDENTS AS THEY DEVELOP AN ETHICAL PERSPECTIVE THAT INTEGRATES THEIR BELIEF SYSTEM TO THEIR CHOSEN AREA OF STUDY. THROUGH PROFESSIONAL AND GRADUATED STUDIES, WARNER PACIFIC UNIVERSITY ALSO PROVIDES ADULT LEARNERS A CONVENIENT, PERSONALIZED, AND AFFORDABLE DEGREE COMPLETION PROGRAM AVAILABLE ONE NIGHT A WEEK OR ONLINE. 3649936 0 948807 RESIDENCE LIFE AT WARNER PACIFIC UNIVERSITY IS COMMITTED TO CULTIVATING A RESPONSIBLE LIVING AND LEARNING ENVIRONMENT WHERE HOLISTIC GROWTH TAKES PLACES THROUGH DYNAMIC RELATIONSHIPS. OUR FACILITIES INCLUDE TWO RESIDENCE HALLS AND A VARIETY OF APARTMENTS AND HOUSES SPREAD ACROSS OUR MT. TABOR CAMPUS. OUR STAFF PROVIDES COMMUNITY BUILDING PROGRAMMING THAT CONNECTS STUDENTS TO EACH OTHER AND THE BROADER CAMPUS COMMUNITY. THE STUDENT DINING EXPERIENCE CENTERS ON GATHERING WITH OTHERS, CULINARY EXPERTISE, FRESH INGREDIENTS, HEALTHY OPTIONS, AND A SHARED SENSE OF ENVIRONMENTAL AND SOCIAL RESPONSIBILITY. 1313748 0 553011 WARNER PACIFIC UNIVERSITY CONTINUES TO BE RECOGNIZED FOR DIVERSITY AND VALUE. IT IS THE MOST DIVERSE UNIVERSITY IN OREGON, AND THE ONLY CHRISTIAN UNIVERSITY WITH A MINORITY-SERVING MISSION IN THE PACIFIC NORTHWEST. WPU WAS OREGON'S FIRST FOUR-YEAR SCHOOL TO EARN THE PRESTIGIOUS HISPANIC-SERVING INSTITUTION (HSI) DESIGNATION FROM THE U.S. DEPARTMENT OF EDUCATION, AND THIS PAST YEAR ALSO ATTAINED THE PRESTIGIOUS FEDERAL DESIGNATION OF ASIAN AMERICAN, NATIVE AMERICAN, & PACIFIC ISLANDER-SERVING INSTITUTION (AANAPASI). THE UNIVERSITY HAS ALSO RECEIVED ACCLAIMED RANKINGS BY THE U.S. NEWS & WORLD REPORT'S BEST COLLEGES IN THE REGIONAL WEST 2023 EDITION; EARNING #3 AS TOP PERFORMER IN SOCIAL MOBILITY; #6 IN OVERALL BEST VALUE; AND #11 (OUT OF 103) IN OVERALL REGIONAL COLLEGES IN THE WEST. WE ARE PARTICULARLY PROUD OF THE RANKING IN THE SOCIAL MOBILITY CATEGORY AS IT RECOGNIZES THAT ECONOMICALLY DISADVANTAGED STUDENTS ARE LESS LIKELY THAN OTHERS TO FINISH COLLEGE, EVEN WHEN CONTROLLING FOR OTHER CHARACTERISTICS. BECAUSE OF OUR ROLE IN SERVING AS A PATHWAY TO SUCCESS FOR MINORITY AND FIRST-GENERATION STUDENTS, THIS YEAR WPU WAS CHOSEN TO RECEIVE A HISTORIC TITLE V GRANT BY THE U.S. DEPARTMENT OF EDUCATION THE FIRST UNIVERSITY IN OREGON TO HAVE RECEIVED SUCH AN AWARD. THE 5-YEAR GRANT WILL ALLOW WPU TO PROVIDE INCREASED SERVICES TO DISADVANTAGED STUDENTS INCLUDING TUTORING, MENTORING, LANGUAGE SUPPORT AND OTHER ASSISTANCE. 711584 0 305426 THE WARNER PACIFIC BOOKSTORE IS FULLY ONLINE, ENSURING THAT EDUCATIONAL TOOLS AND RESOURCES ARE READILY AVAILABLE TO STUDENTS AT A REASONABLE COST. BY OFFERING ONLINE SALES, STUDENTS ARE ABLE TO COMPARISON SHOP FOR THE BEST PRICES TO STRETCH THEIR EDUCATION DOLLARS FURTHER AND EXPLORE MODERN OPTIONS LIKE TEXT BOOK RENTALS AND E-BOOKS TO STAY WITHIN THEIR FINANCIAL GOALS. IN THE 2019-2020 SCHOOL YEAR, THE UNIVERSITY PILOTED A NEW BOOK PROGRAM THAT PROVIDED NEW TRADITIONAL STUDENTS, BOTH FRESHMEN AND TRANSFERS, AUTOMATIC ENROLLMENT IN A DIGITAL/RENTAL BOOK PROGRAM FOR A STANDARD PER CREDIT HOUR FEE. THE PROGRAM ENSURED THAT STUDENTS RECEIVED THEIR BOOKS ON-CAMPUS DURING THE WEEKEND BEFORE CLASSES STARTED EACH SEMESTER. 711584 0 305426 15096819 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 5 0 1 365 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 OR X DOUGLAS WADE 5035171000 2219 SE 68TH AVE PORTLAND OR 97215 BRIAN JOHNSON PRESIDENT 40.00 X 342258 0 58642 DOUGLAS WADE EXECUTIVE VP/CFO 40.00 X 154167 0 51183 MIRIAM CHITIGA VP FOR ACADEMIC AFFAIRS 40.00 X 151680 0 51015 DWIGHT SANCHEZ VP OF ENROLLMENT MGMT 40.00 X 142843 0 5962 WENDY MARSH VP FOR ADVANCEMENT 40.00 X 124731 0 23911 ASHLEE SPEARMAN VP FOR STUDENT SUCCESS & ENGAGEMENT 40.00 X 115000 0 10181 RACHEL LEA VP FOR HUMAN RESOURCES 40.00 X 105000 0 12476 MICHAEL MORELAND TRUSTEE CHAIR 2.00 X X 0 0 0 ROLANDO CRUZ TRUSTEE VICE-CHAIR 2.00 X X 0 0 0 BEN SHULAR TRUSTEE SECRETARY 2.00 X X 0 0 0 DAVID CLEARY TRUSTEE 1.00 X 0 0 0 JERRY DAVISSON TRUSTEE 1.00 X 0 0 0 GEREMY DIXON TRUSTEE 1.00 X 0 0 0 RANDEE DOE TRUSTEE 1.00 X 0 0 0 G BLAIR DOWDEN TRUSTEE 1.00 X 0 0 0 CARA MEREDITH TRUSTEE 1.00 X 0 0 0 CHUCK GOODRICH TRUSTEE 1.00 X 0 0 0 RACHELLE QUINN TRUSTEE 1.00 X 0 0 0 RAMON RAMIREZ TRUSTEE 1.00 X 0 0 0 ANDRIA SKORNIK TRUSTEE 1.00 X 0 0 0 JOEL TALLMAN TRUSTEE 1.00 X 0 0 0 SYLVIA WELCH TRUSTEE 1.00 X 0 0 0 MARSHA WILLIAMS TRUSTEE 1.00 X 0 0 0 DOUG WILSON TRUSTEE 1.00 X 0 0 0 WILL WRIGHT TRUSTEE 1.00 X 0 0 0 KEN YARNELL TRUSTEE 1.00 X 0 0 0 1135679 0 213370 9 0 1 0 SODEXO INC DEPT 43283 LOS ANGELES CA 90088 DINING HALL MGMT 522406 ARAMARK SERVICE INC 27310 NETWORK PLACE CHICAGO IL 60673 FACILITIES MGMT 514824 EAGLE MOUNTAIN CONSTRUCTION INC PO BOX 796 MOLLALA OR 97038 CONSTRUCTION 503424 ELLUCIAN COMPANY LP 62814 COLLECTIONS CENTER DR CHICAGO IL 60693 SOFTWARE SUPPORT 266471 STOEL RIVES LLP 101 S CAPITOL BLVD STE 1900 BOISE ID 83702 LEGAL SERVICES 144654 6 5513 958002 553823 265825 1517338 TUITION 611310 11585032 11585032 HOUSING & FOOD SERVICES 611710 948807 948807 OTHER STUDENT SERVICES 611710 393842 393842 BOOKSTORE 459210 305426 305426 13233107 393342 393342 159169 0 159169 159169 159169 10400831 69225 10540859 0 -140028 69225 -70803 -70803 28690 5513 39661 -10971 -10971 15221182 13392276 0 311568 2094322 2094322 752593 752593 7553669 6326520 947411 279738 163687 145763 12538 5386 908781 735754 145839 27188 580950 441810 122814 16326 606107 606107 223131 223131 124995 124995 546378 159819 320662 65897 167250 40800 121365 5085 183699 71353 98819 13527 494722 72687 419856 2179 2183580 2023957 144433 15190 335771 260737 68240 6794 26628 14785 10533 1310 432707 232292 200415 937740 568438 369302 141996 5739 136257 EDUCATIONAL SUPPLIES 753130 573831 167745 11554 FOOD SERVICES/BOOKSTORE 607006 607006 OTHER 198838 115099 81643 2096 20017680 15096819 4468591 452270 26445 227392 327 262500 280285 307060 1999942 1606325 29000 17424 351245 401737 26135278 15819041 9802350 10316237 10949436 8383744 5960000 5160000 1923050 0 1375174 31322080 28057593 1499248 3053658 715239 356910 8635409 8571299 2459009 2717471 13308905 14699338 X 8131263 3675216 9881912 9683039 18013175 13358255 31322080 28057593 X -4796498 802515 -660937 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18162073 300000 1157095 4311409 15307759 20253710 42397 -415836 1812190 -93992 18162073 18371317 313035 2234998 -567716 -97924 20253710 18928126 24165 676769 -1215311 -42433 18371317 16195704 2722020 640548 -572421 -57726 18928126 0.53535 0.33368 0.13098 0 0 746967 746967 13882621 7704630 6177991 526601 92350 434251 9989230 8022061 1967169 989859 989859 10316237 REAL ESTATE SECURITIES 4850000 C TIAA INVESTMENTS 30000 C MINERAL RIGHTS 30000 C 50% INVESTMENT IN HOUSE 250000 C 5160000 ROU LIABILITIES 1425654 SPLIT-INTEREST LIABILITIES 47762 TRUST DEFERRED REVENUE 890031 PERKINS GRANT REFUNDABLE 43509 ANNUITIES PAYABLE 310515 2717471 X 14036397 802515 13839 -2086972 -1270618 15307015 -85833 -85833 15221182 17944547 13839 13839 17930708 2086972 2086972 20017680 PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED FOR VARIOUS PURPOSES THROUGHOUT THE UNIVERSITY TO SUPPORT STUDENTS AND THEIR EDUCATION. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (IRC) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE IRC AND IS CLASSIFIED AS A SCHOOL UNDER 509(A)(1) OF THE IRC. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE UNIVERSITY'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. UNRELATED BUSINESS INCOME TAX, IF ANY, IS INSIGNIFICANT, AND THEREFORE, NO TAX PROVISION HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, THE UNIVERSITY QUALIFIES FOR A CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 170(B)(1)(A)(II). THE UNIVERSITY DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT AID REPORTED AS REVENUE IN AFS -2,086,972. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN VALUE OF ANNUITIES -85,833. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID REPORTED AS REVENUE IN AFS 2,086,972. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 WARNER PACIFIC UNIVERSITY PUBLICLY POSTS OUR RACIALLY NONDISCRIMINATORY POLICY ON THE HOMEPAGE OF THE UNIVERSITY WEBSITE AT WWW.WARNERPACIFIC.EDU. DUE TO THE IMPORTANCE OF ACCESS TO THIS INFORMATION, STUDENTS ARE ALSO MADE AWARE OF THESE POLICIES THROUGH THE RECRUITMENT AND ADMISSION PROCESS THROUGH THE PUBLICATION OF THE STATEMENT ON KEY ADMISSION DOCUMENTS AND FORMS. SCHEDULE E, PART I, LINE 6 WARNER PACIFIC UNIVERSITY PARTICIPATES IN THE FEDERAL TITLE IV STUDENT AID PROGRAM AND ADMINISTERS THE FUNDS IN ACCORDANCE WITH PROGRAM GUIDELINES. PRESIDENTS GALA 34203 5513 28690 3325 7346 14115 300 14575 34203 5513 28690 3325 7346 14115 300 14575 39661 -10971 1 SCHOLARSHIPS AND TUITION DISCOUNTS 466 2094322 0 N/A N/A PART I, LINE 2: THE ORGANIZATION APPLIES GRANTS AND SCHOLARSHIPS DIRECTLY TO STUDENTS' ACCOUNTS, THUS ENSURING PROPER USE OF FUNDS TOWARDS STUDENTS' EDUCATIONS. X 1 1 X X 0 0 0 0 0 0 0 0 0 BRIAN JOHNSON PRESIDENT 321300 0 0 0 20958 0 14786 0 43856 0 400900 0 0 0 DOUGLAS WADE EXECUTIVE VP/CFO 154167 0 0 0 0 0 6107 0 45076 0 205350 0 0 0 MIRIAM CHITIGA VP FOR ACADEMIC AFFAIRS 138680 0 0 0 13000 0 6125 0 44890 0 202695 0 0 0 PART I, LINE 1A A TAXABLE HOUSING ALLOWANCE IS PROVIDED FOR THE PRESIDENT. X 1 262500 FMV 0 0 0 0 PART I, COLUMN (B): COLUMN B INCICATES THE NUMBER OF CONTRIBUTORS ON NONCASH ITEMS. FORM 990, PART III, LINE 1: WARNER PACIFIC UNIVERSITY IS ACCREDITED BY THE NORTHWEST COMMISSION ON COLLEGES AND UNIVERSITIES. FOUNDED IN 1937, TODAY WPU OFFERS A FOUR-YEAR CHRISTIAN LIBERAL ARTS EDUCATION IN AN URBAN SETTING ON BEAUTIFUL MT. TABOR IN PORTLAND, OREGON. OUR CHRIST-CENTERED, LIBERAL ARTS APPROACH INVITES STUDENTS TO SEEK ANSWERS TO DIFFICULT QUESTIONS AND CHALLENGES THEM TO EXPAND THEIR COMFORT ZONES IN ORDER TO EXPLORE THE WAYS IN WHICH THEY UNDERSTAND SOCIETY, COMMUNITY, AND FAITH. FACULTY GUIDE CLASSES THROUGH REAL-WORLD SITUATIONS IN PROGRAMS FROM BUSINESS TO EDUCATION, NURSING, CRIMINAL JUSTICE, HEALTH SCIENCE AND MANY OTHER DEGREES. AT WARNER PACIFIC UNIVERSITY, STUDENTS DISCOVER THEIR PASSIONS, DEVELOP THEIR SKILLS, AND SERVE THE GREATER COMMUNITY. MOST STUDENTS QUALIFY FOR FINANCIAL AID. FORM 990, PART VI, SECTION A, LINE 1A IN ANY SPECIAL MEETING, THE EXECUTIVE COMMITTEE SHALL HAVE POWER TO ACT FOR THE BOARD, UNLESS OTHERWISE LIMITED BY LAWS, THE BYLAWS, THE BOARD POLICY MANUAL, OR THE BOARD. THE EXECUTIVE COMMITTEE SHALL ACT ON SUCH MATTERS AS REQUIRE BOARD ACTION PRIOR TO THE NEXT MEETING OF THE BOARD AND SHALL DISCHARGE SUCH OTHER DUTIES AS THE BOARD MAY ASSIGN. OTHER THAN SPECIAL MEETINGS, THE EXECUTIVE COMMITTEE SHALL ADVISE THE BOARD ON MATTERS COMING BEFORE THE BOARD. THE EXECUTIVE COMMITTEE SHALL NOT MAKE BROAD POLICY DECISIONS RELATING TO THE MISSION OF THE UNIVERSITY, NOR IS IT INTENDED TO USE THE GENERAL POWERS VESTED IN THE BOARD, BUT SHALL ASSUME FINANCIAL (FIDUCIARY) RESPONSIBILITY FOR THE UNIVERSITY AND ACT ON OTHER MATTERS OF URGENCY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE ORGANIZATIONS INDEPENDENT ACCOUNTING FIRM WITH THE ASSISTANCE OF THE ASSISTANT CONTROLLER. AFTER THE RETURN IS COMPLETE, IT IS REVIEWED BY THE CONTROLLER, VP FOR FINANCE, AND PRESIDENT. PRIOR TO SUBMISSION, IT IS PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW AND COMMENT. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT-OF-INTEREST STATEMENT AND DISCLOSE CONFLICTS AS THEY ARISE. IT IS THE RESPONSIBILITY OF THE REMAINING BOARD MEMBERS TO DETERMINE IF A CONFLICT HAS ARISEN. IF A CONFLICT OF INTEREST IS FOUND THE CONFLICTING PARTY IS BARRED FROM DISCUSSION AND VOTING ON ANY MATTERS THAT PERTAIN TO THE CONFLICT. DISCLOSURES OF CONFLICTS ARE PROVIDED IN WRITING AND DISCUSSION IS DOCUMENTED IN THE BOARD MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR PRESIDENT IS SET BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES BASED ON A COMPENSATION REVIEW AND COMPARISON AGAINST CCCU SURVEY DATA. THIS PROCESS WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS CAN BE OBTAINED UPON REQUEST. FORM 990, PART XI, LINE 9: NET ASSET RESTATEMENT -746,770. CHARNCE IN VALUE OF ANNUITIES 85,833. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.