2024-04-11T17:09:46-05:00 2023-05-31 910189318 MOSS ADAMS LLP 21700 OXNARD ST STE 300 WOODLAND HILLS CA 91367 990 2022-06-01 952962604 CALIFORNIA LUTHERAN UNIVERSITY CALI 8054933181 60 WEST OLSEN ROAD MC 1200 THOUSAND OAKS CA 913602700 LORI E VARLOTTA PRESIDENT 8054933181 2024-04-09 1 LORI VARLOTTA 999009999 0 TRACY S PAGLIA P00366884 8185771900 2024-04-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LORI E VARLOTTA 60 WEST OLSEN ROAD M/C 1200 THOUSAND OAKS CA 913602700 353917939 0 X WWW.CALLUTHERAN.EDU X 1959 CA CLU IS AN INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE DEGREES IN THE LIBERAL ARTS AND SCIENCES. 26 25 2402 60 240794 0 24116378 14350377 155053165 159849177 19763428 3715741 935896 933261 199868867 178848556 61182748 63895330 0 0 72407054 77008951 0 0 2619017 45702662 49664986 179292464 190569267 20576403 -11720711 398038694 377672792 89960472 86453807 308078222 291218985 X CALIFORNIA LUTHERAN UNIVERSITY IS A SELECTIVE COMPREHENSIVE INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE DEGREES IN THE LIBERAL ARTS AND SCIENCES AND PROFESSIONAL FIELDS. ROOTED IN THE LUTHERAN TRADITION OF CHRISTIAN FAITH, THE UNIVERSITY ENCOURAGES CRITICAL INQUIRY INTO MATTERS OF BOTH FAITH AND REASON. THE MISSION OF THE UNIVERSITY IS TO EDUCATE LEADERS FOR A GLOBAL SOCIETY WHO ARE STRONG IN CHARACTER AND JUDGMENT, CONFIDENT IN THEIR IDENTITY AND VOCATION, AND COMMITTED TO SERVICE AND JUSTICE. 0 0 116137069 63685304 136603526 HIGHER EDUCATION: PROVIDED QUALITY EDUCATION FOR UNDERGRADUATE STUDENTS AND GRADUATE STUDENTS. CALIFORNIA LUTHERAN UNIVERSITY OFFERS UNDERGRADUATE, GRADUATE AND CONTINUING EDUCATION PROGRAMS THROUGH ITS COLLEGE OF ARTS AND SCIENCES, SCHOOL OF MANAGEMENT, GRADUATE SCHOOL OF EDUCATION, GRADUATE SCHOOL OF PSYCHOLOGY AND PACIFIC LUTHERAN THEOLOGICAL SEMINARY. THE UNIVERSITY OFFERS 40 UNDERGRADUATE MAJORS AND 42 UNDERGRADUATE MINORS ARE OFFERED THROUGH OUR UNDERGRADUATE PROGRAMS. MASTER'S DEGREE PROGRAMS ARE OFFERED IN EDUCATION, BUSINESS ADMINISTRATION, PUBLIC POLICY AND ADMINISTRATION, COMPUTER SCIENCE, PSYCHOLOGY, INFORMATION SYSTEMS AND TECHNOLOGY, ECONOMICS, DIVINITY, ARTS, AND THEOLOGICAL STUDIES. THE UNIVERSITY OFFERS DOCTORAL PROGRAMS IN EDUCATIONAL LEADERSHIP, HIGHER EDUCATION LEADERSHIP, AND CLINICAL PSYCHOLOGY PH.D. 25703252 0 2838756 STUDENT SERVICES: THIS PROGRAM PROVIDES SUPPORT FOR STUDENT LIFE ACTIVITIES, ATHLETICS, STUDENT HEALTH AND OTHER SERVICES TO STUDENTS. 16017167 210026 8696062 HIGHER EDUCATION ACADEMIC SUPPORT DEPARTMENTS INCLUDE UNIVERSITY LIBRARY, COMPUTER & MEDIA LABS, AND FACULTY DEVELOPMENT PROGRAMS. PUBLIC SERVICE DEPARTMENTS INCLUDE THE DAY CARE CENTER, KCLU (PUBLIC RADIO STATION) AND EVENT SERVICES TO SERVE THE COMMUNITY. 15347507 0 11710833 AUXILIARY OPERATION: IT IS CALIFORNIA LUTHERAN UNIVERSITY'S MISSION TO BE A RESIDENTIAL CAMPUS. THE MAJORITY OF THE TRADITIONAL UNDERGRADUATE STUDENT POPULATION RESIDES ON CAMPUS TO ATTEND EDUCATIONAL PROGRAMS. 15347507 0 11710833 173204995 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 0 1 0 0 0 1 0 0 1 1 1 1 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 5206 0 1 2402 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 26 25 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X CALIFORNIA LUTHERAN UNIVERSITY ATTN RICK YSASI 8054933181 60 WEST OLSEN ROAD M/C 1200 THOUSAND OAKS CA 913602700 VARLOTTA LORI PRESIDENT 40.00 0.30 X X 564083 0 163429 NEILSON LEANNE PROVOST/VP, ACADEMIC AFFAIRS 40.00 0.00 X 285626 0 37563 APFELTHALER GERHARD DEAN, SCHOOL OF MANAGEMENT 40.00 0.00 X 254645 0 35253 BIDDINGS-MURO REGINA VP, UNIVERSITY ADVANCEMENT 40.00 0.30 X 237145 0 32338 WARD MATTHEW VP, ENROLLMENT MANAGEMENT, MARKETING 40.00 0.00 X 233013 0 35431 DAVIS KAREN - VP ADMINISTRATION & FINANCE (THRU 08/22) 40.00 0.30 X 237933 0 25050 BUCHANAN CRISTALLEA VP, TALENT CULTURE, AND DIVERSITY 40.00 0.00 X 208174 0 36355 KNUDSEN THOMAS GENERAL COUNSEL 40.00 0.00 X 234138 0 1460 VAN OMMEREN RYAN ASSOCIATE VP, FACILITY OPERATIONS 40.00 0.00 X 200464 0 31713 ROPER MELINDA VP, STUDENT AFFAIRS/DEAN OF STUDENTS 40.00 0.00 X 196461 0 31068 HOLIGROCKI RICHARD DEAN, GRADUATE SCHOOL OF PSYCHOLOGY 40.00 0.00 X 192632 0 32904 MARSELIAN ZAREH CHIEF INFORMATION OFFICER 40.00 0.00 X 189804 0 28985 VAIMAN VLAD PROFESSOR 40.00 0.00 X 186815 0 29864 HILLIS MICHAEL DEAN, SCHOOL OF EDUCATION 40.00 0.00 X 186450 0 29592 PARHAM PATRICIA ASSISTANT VP, HUMAN RESOURCES 40.00 0.00 X 190422 0 19765 OLSON MARY ASSOCIATE VP - KCLU BROADCAST 40.00 0.00 X 192226 0 17241 YSASI RICHARD VP, ADMINISTRATION & FINANCE 40.00 0.30 X 188699 0 19483 KIMBALL CHRIS FORMER PRESIDENT 40.00 0.00 X 144472 0 23980 WINDAM-HUGHES COLLEEN FORMER FACULTY CHAIR/BOARD MEMBER 40.00 0.00 X 110762 0 21273 WEE ALLISON FORMER FACULTY CHAIR/BOARD MEMBER 40.00 0.00 X 105065 0 17760 CAMARILLO BILL CHAIR OF THE BOARD 1.00 0.00 X X 0 0 0 OVERTON JIM VICE CHAIR (THRU 08/22) 1.00 0.00 X X 0 0 0 FOSTER RANDALL VICE CHAIR (AS OF 08/22) 1.00 0.00 X X 0 0 0 BOYNTON ANN SECRETARY 1.00 0.00 X X 0 0 0 ANDERSON PHYLLIS BOARD MEMBER 1.00 0.00 X 0 0 0 BAUMHEFNER LINDA BOARD MEMBER 1.00 0.30 X 0 0 0 BESSEY REV JIM BOARD MEMBER 1.00 0.00 X 0 0 0 BINSLEY ANDREW BOARD MEMBER 1.00 0.00 X 0 0 0 BOYCE MARY BOARD MEMBER 1.00 0.00 X 0 0 0 CHADWICK SUE BOARD MEMBER (THRU 08/22) 1.00 0.00 X 0 0 0 DEFRANK TED BOARD MEMBER 1.00 0.00 X 0 0 0 DOWNS TRACY BOARD MEMBER 1.00 0.00 X 0 0 0 GILBERT ROD BOARD MEMBER 1.00 0.30 X 0 0 0 GUPTA GITA BOARD MEMBER 1.00 0.00 X 0 0 0 GUTIERREZ ARNOLD BOARD MEMBER 1.00 0.00 X 0 0 0 HILL ANNE BOARD MEMBER 1.00 0.00 X 0 0 0 HILL LAUREEN BOARD MEMBER 1.00 0.00 X 0 0 0 HUTTERER DEBORAH BOARD MEMBER 1.00 0.00 X 0 0 0 IRWIN JON BOARD MEMBER 1.00 0.00 X 0 0 0 JAECH RICHARD BOARD MEMBER 1.00 0.00 X 0 0 0 LUNDEEN-SMUCK SUSAN BOARD MEMBER 1.00 0.00 X 0 0 0 MCNEIL MALCOLM BOARD MEMBER 1.00 0.00 X 0 0 0 MORRELL GORDON BOARD MEMBER (THRU 01/23) 1.00 0.00 X 0 0 0 NAGLER REV DAVID BOARD MEMBER (THRU 09/22) 1.00 0.00 X 0 0 0 NAUSIN REV FRANK BOARD MEMBER (THRU 08/22) 1.00 0.00 X 0 0 0 NEBENS CARRIE BOARD MEMBER 1.00 0.00 X 0 0 0 OGBECHIE NKEM BOARD MEMBER 1.00 0.00 X 0 0 0 OLSON KAREN BOARD MEMBER (THRU 08/22) 1.00 0.00 X 0 0 0 PAPAGEORGE DEBRA BOARD MEMBER 1.00 0.30 X 0 0 0 SOULES MIKE BOARD MEMBER 1.00 0.00 X 0 0 0 SWEENEY DEBORAH BOARD MEMBER (THRU 08/22) 1.00 0.00 X 0 0 0 WOODS JR BOARD MEMBER 1.00 0.00 X 0 0 0 4339029 0 670507 159 1 1 0 SODEXO INC 9801 WASHINGTONIAN BLVD GAITHERSBURG MD 20878 FOOD SERVICES PROVIDER 5367159 CHRISTIE BUILDING AND DEVELOPMENT INC 1000 BUSINESS CNTR CIR 102 NEWBURY PARK CA 91320 CONSTRUCTION 930904 KIOSK CREATIVE LLC 750 GRANT AVENUE 200 NOVATO CA 94945 MEDIA PLANNING & BUYING 863148 NOVUS LAW FIRM INC 621 CAPITOL MALL 1550 SACRAMENTO CA 95814 LEGAL SERVICES 514227 JENSEN DESIGN & SURVEY INC 1672 DONLON STREET VENTURA CA 93003 CONSTRUCTION 268442 51 13645 27950 6598449 7710333 79412 14350377 TUITION AND FEES 611310 134902663 134902663 RESIDENT HALLS 721000 13379903 13379903 CAFETERIA 611310 5883454 5883454 AUXILIARY INCOME 721310 1629912 1629912 EDUCATIONAL PROGRAMS 611310 1394200 1394200 2659045 2184938 200225 273882 159849177 3953317 61862 3891455 1000000 28437 0 49730 1000000 -21293 978707 -21293 1000000 174665321 12000 174914897 0 -249576 12000 -237576 -237576 59310 13645 104756 -45446 -45446 178848556 159375070 240794 4882315 210026 210026 63685304 63685304 3280607 655306 2353355 271946 544254 544254 58417025 44841351 12027243 1548431 3785872 2892810 779728 113334 6708870 3805707 2767203 135960 4272323 3221302 927754 123267 1268836 720175 434208 114453 757556 2516 753349 1691 134385 134385 523590 523590 340337 314138 26199 1248324 1063430 182268 2626 7496653 4639495 2734079 123079 3275725 448946 2820809 5970 7186307 2671792 4513778 737 1954706 1684345 237201 33160 738546 619148 116253 3145 2127191 1965941 161250 8082177 7528362 553815 1674979 78801 1596178 STUDENT DINING SERVICES 5143784 4935302 190244 18238 ALLOCATION OF DEPT EXP 0 19962221 -19962221 7711890 6714323 874587 122980 190569267 173204995 14745255 2619017 10059 59169 39874143 43775407 7231348 6197338 3464904 3295581 45000 35000 18512 14540 1960949 2332303 261987969 122932202 144135588 139055767 178307425 160958942 10470030 10634381 3065094 3505009 475000 475000 8980642 7334355 398038694 377672792 12533897 12675139 2016862 2212272 67244090 62224823 560688 579587 7604935 8761986 89960472 86453807 X 185984667 175004339 122093555 116214646 308078222 291218985 398038694 377672792 X -11720711 -4730892 -407634 X 0 1 X 1 1 1 X 12764600 19845989 20553893 24116378 14350377 91631237 12764600 19845989 20553893 24116378 14350377 91631237 8136574 83494663 3239716 1965779 1265857 1532901 4891455 12895708 72228 152180 11001 235409 104762354 803103584 0.79700 0.81940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 0 0 0 0 0 187891805 187891805 187891805 187891805 1000000 1000000 250000 250000 0 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 60000 2500 0 0 62500 250000 250000 250000 250000 1000000 1500000 X 0 0 1 X 143062043 1297998 -3774520 6838080 133747441 145735309 1822237 780277 5275780 143062043 115516913 4641677 31785509 6208790 145735309 106630280 14938445 -718074 5333738 115516913 108329603 1521840 1965488 5186651 106630280 0.33200 0.50550 0.16250 1 1 1 2946661 2946661 186761979 76449091 110312888 43090523 27100339 15990184 22014165 16945561 5068604 7174641 2437211 4737430 139055767 LEASE LIABILITY 4746578 ANNUITIES PAYABLE 3187814 GOVERNMENT GRANTS REFUNDABLE 827594 8761986 X 108922732 -4730892 -924176 -5655068 114577800 523590 63747166 64270756 178848556 125862999 49730 49730 125813269 523590 64232408 64755998 190569267 PART III, LINE 4: PAINTINGS AND SCULPTURES BY VARIOUS ARTISTS. PART IV, LINE 2B: DEPOSITS HELD IN TRUST FOR OTHERS REPRESENT GIFTS RECEIVED BY THE UNIVERSITY WHERE A PORTION OF THE GIFT BENEFITS OTHER NONPROFIT ORGANIZATIONS. THE UNIVERSITY PROVIDES INVESTMENT MANAGEMENT SERVICES FOR THOSE OTHER ORGANIZATIONS' ENDOWMENT OR RESERVE FUNDS. EACH ORGANIZATION'S INTEREST IS DETERMINED THROUGH A UNITIZATION PROCESS BASED ON THE FAIR VALUE OF THE ASSETS PLACED IN THE POOL BY EACH PARTICIPANT. INVESTMENT INCOME AND NET REALIZED AND UNREALIZED GAINS AND LOSSES ARE ALLOCATED EQUITABLY BASED ON THE NUMBER OF UNITS ASSIGNED TO EACH PARTICIPANT. A LIABILITY IS RECORDED AT THE ESTIMATED FAIR VALUE OF ASSETS DEPOSITED WITH THE UNIVERSITY. AT MAY 31, 2023, THE BALANCE THAT WAS HELD IN CUSTODY BY THE UNIVERSITY AMOUNTED TO $579,587. PART V, LINE 4: THE QUASI ENDOWMENT IS INTENDED TO SUPPLEMENT THE UNIVERSITY'S OPERATING FUNDS. PERMANENTLY AND TEMPORARILY (TERM) RESTRICTED ENDOWMENTS ARE DESIGNATED TO FUND SCHOLARSHIPS FOR STUDENTS, PROFESSORSHIPS, UNIVERSITY PROGRAMS, AND BUILDING MAINTENANCE. PART X, LINE 2: THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE CONSOLIDATED FINANCIAL STATEMENTS RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF MAY 31, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 49,730. FOUNDATION'S REVENUE REPORTED ON A SEPARATE RETURN -81,030. ACTUARIAL ADJUSTMENT -345,772. LEGAL SETTLEMENT -547,104. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 63,685,304. UNRELATED BUSINESS INCOME FROM PARTNERSHIPS 61,862. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 49,730. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 63,685,304. LEGAL SETTLEMENT 547,104. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION IS IN THE PROCESS OF ESTABLISHING THE RACIALLY NONDISCRIMINATORY POLICY ON THE HOME PAGE. IN THE MEANTIME, THE POLICY IS POSTED ON CLU'S WEBSITE AT THE FOLLOWING ADDRESS: HTTPS://WWW.CALLUTHERAN.EDU/DIVERSITY-INITIATIVE/POLICIES.HTML SCHEDULE E, PART I, LINE 6 FEDERAL AND LOCAL FINANCIAL AID AND GRANTS. EUROPE 0 0 PROGRAM SERVICES STUDY ABROAD 86083 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 1230332 EUROPE 0 0 INVESTMENTS 2199727 0 0 0 0 0 0 3516142 0 3516142 1 0 1 1 1 0 PART I, LINE 3: DIRECT COSTS PART III ACCOUNTING METHOD: HOMECOMING EVENT 30580 55 30525 25740 6208 2899 4553 VC GOLF TOURNAMENT 15245 350 14895 119 32231 6444 3 27130 13240 13890 12437 14125 72955 13645 59310 119 70408 12652 17024 4553 104756 -45446 1 KINGSMEN SHAKESPEARE COMPANY PO BOX 1772 THOUSAND OAKS CA 91358 742907782 501(C)(3) 210026 0 THE KINGSMEN SHAKESPEARE COMPANY PERFORMS PLAYS ON UNIVERSITY PROPERTY 1 0 SCHOLARSHIPS, TUITION REDUCTION 2790 63685304 PART I, LINE 2: STUDENT SCHOLARSHIPS ARE IN THE FORM OF TUITION REDUCTION, WHICH IS APPLIED DIRECTLY AGAINST A STUDENT'S ACCOUNT TO ENSURE THAT IT IS USED FOR EDUCATIONAL PURPOSES. X X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 VARLOTTA LORI PRESIDENT 490245 0 0 0 73838 0 154332 0 9097 0 727512 0 0 0 NEILSON LEANNE PROVOST/VP, ACADEMIC AFFAIRS 281809 0 0 0 3817 0 28210 0 9353 0 323189 0 0 0 APFELTHALER GERHARD DEAN, SCHOOL OF MANAGEMENT 240893 0 0 0 13752 0 23226 0 12027 0 289898 0 0 0 BIDDINGS-MURO REGINA VP, UNIVERSITY ADVANCEMENT 235081 0 0 0 2064 0 23702 0 8636 0 269483 0 0 0 WARD MATTHEW VP, ENROLLMENT MANAGEMENT, MARKETING 232019 0 0 0 994 0 23941 0 11490 0 268444 0 0 0 DAVIS KAREN - VP ADMINISTRATION & FINANCE (THRU 08/22 235922 0 0 0 2011 0 23526 0 1524 0 262983 0 0 0 BUCHANAN CRISTALLEA VP, TALENT CULTURE, AND DIVERSITY 206368 0 0 0 1806 0 22275 0 14080 0 244529 0 0 0 KNUDSEN THOMAS GENERAL COUNSEL 233039 0 0 0 1099 0 0 0 1460 0 235598 0 0 0 VAN OMMEREN RYAN ASSOCIATE VP, FACILITY OPERATIONS 198771 0 0 0 1693 0 20324 0 11389 0 232177 0 0 0 ROPER MELINDA VP, STUDENT AFFAIRS/DEAN OF STUDENTS 194789 0 0 0 1672 0 19669 0 11399 0 227529 0 0 0 HOLIGROCKI RICHARD DEAN, GRADUATE SCHOOL OF PSYCHOLOGY 178958 0 0 0 13674 0 18890 0 14014 0 225536 0 0 0 MARSELIAN ZAREH CHIEF INFORMATION OFFICER 188194 0 0 0 1610 0 18763 0 10222 0 218789 0 0 0 VAIMAN VLAD PROFESSOR 185912 0 0 0 903 0 18502 0 11362 0 216679 0 0 0 HILLIS MICHAEL DEAN, SCHOOL OF EDUCATION 183906 0 0 0 2544 0 17055 0 12537 0 216042 0 0 0 PARHAM PATRICIA ASSISTANT VP, HUMAN RESOURCES 187135 0 0 0 3287 0 18401 0 1364 0 210187 0 0 0 OLSON MARY ASSOCIATE VP - KCLU BROADCAST 165884 0 25000 0 1342 0 16498 0 743 0 209467 0 0 0 YSASI RICHARD VP, ADMINISTRATION & FINANCE 188351 0 0 0 348 0 18746 0 737 0 208182 0 0 0 KIMBALL CHRIS FORMER PRESIDENT 142262 0 0 0 2210 0 13052 0 10928 0 168452 0 0 0 WINDAM-HUGHES COLLEEN FORMER FACULTY CHAIR/BOARD MEMBER 110510 0 0 0 252 0 9805 0 11468 0 132035 0 0 0 WEE ALLISON FORMER FACULTY CHAIR/BOARD MEMBER 104679 0 0 0 386 0 9800 0 7960 0 122825 0 0 0 PART I, LINE 1A THE UNIVERSITY OWNS A PRESIDENTIAL RESIDENCE. BY CONTRACT, THE PRESIDENT IS REQUIRED TO LIVE IN THE RESIDENCE AND HOST REGULAR EVENTS FOR THE UNIVERSITY THROUGHOUT THE YEAR. THE UNIVERSITY PAYS THE EXPENSES FOR THE PRESIDENT'S RESIDENCE. PART OF THE UTILITIES EXPENSES WERE INCLUDED IN TAXABLE COMPENSATION. ALL OTHER EXPENSES WERE NOT TREATED AS TAXABLE COMPENSATION TO THE PRESIDENT. THE UNIVERSITY ALSO PAYS FOR THE PRESIDENT'S MEMBERSHIP TO THE LOCAL ROTARY CLUB. THE PRESIDENT ATTENDS FOR COMMUNITY SERVICE, OUTREACH, AND FUNDRAISING OPPORTUNITIES. THIS WAS NOT TREATED AS TAXABLE COMPENSATION TO THE PRESIDENT. PART I, LINE 4B LORI VARLOTTA, PRESIDENT PARTICIPATED IN TWO SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLANS. CONTRIBUTIONS OF $50,000 AND $100,000 WERE MADE IN 2022. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13048VDW5 2018-08-16 87510724 SEE PART VI 0 0 0 A 19350000 88178117 4789375 795908 4999748 77612266 2020 1 0 0 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 1 1 A 1 SCHEDULE K, PART I, BOND ISSUES: (A) CALIFORNIA MUNICIPAL FINANCE AUTHORITY (F) TO FINANCE CAPITAL PROJECTS, CURRENT REFUND PRIOR OBLIGATIONS, AND PAY COSTS. PART I, COLUMN (F): THE BONDS WERE ISSUED TO FINANCE CAPITAL PROJECTS, CURRENT REFUND THE 2014AB TAX-EXEMPT LOAN (ISSUED ON DECEMBER 2, 2014) AND SERIES 2008 BONDS (ISSUED ON JULY 31, 2008), AND PAY COSTS OF ISSUANCE. PART I, COLUMN (E) AND PART II, LINE 3: THE DIFFERENCE BETWEEN THE ISSUE PRICE AND THE TOTAL PROCEEDS OF THE ISSUE IS INTEREST EARNED ON BOND PROCEEDS. PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6 IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE INTERNAL REVENUE CODE. PART IV, LINE 2(B): THE CURRENT REFUNDING PORTION OF BONDS HAS MET THE 6-MONTH EXCEPTION TO REBATE. APFELTHALER GERHARD KEY EMPLOYEE HOUSING LOAN X 50000 35000 0 1 1 35000 X 8 79412 HIGH/LOW AVERAGE 0 0 1 1 PART I, COLUMN (B): THE AMOUNT REPORTED IN COLUMN (B) FOR LINE 9 REPORTS THE NUMBER OF DONORS OF PUBLICLY TRADED STOCK. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF REGENTS HAS AN EXECUTIVE COMMITTEE THAT HAS AUTHORITY TO ACT ON BEHALF OF THE BOARD OF REGENTS ON ALL MATTERS, EXCEPT FOR CERTAIN RESTRICTIONS LAID OUT IN THE BYLAWS FOR ALL COMMITTEES AND THE FOLLOWING WHICH ARE RESERVED FOR THE BOARD: (I) PRESIDENTIAL SELECTION AND TERMINATION; (II) CHARTER AND BYLAW AMENDMENT; (III) CHANGE IN THE CORPORATION'S MISSION; (IV) INCURRING CORPORATE INDEBTEDNESS; (V) APPROVAL OF THE ANNUAL BUDGET; AND (VI) CONFERRAL OF DEGREES. AT ALL TIMES, THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF NO FEWER THAN EIGHT MEMBERS OF THE FULL BOARD AND SHALL INCLUDE THE CHAIR OF THE BOARD, WHO WILL PRESIDE, THE VICE CHAIR OF THE BOARD (IF ANY), THE SECRETARY (IF A REGENT), THE PRESIDENT OF THE UNIVERSITY, AND THE CHAIR OF THE TRUSTEESHIP AND GOVERNANCE COMMITTEE. THE REMAINING POSITIONS WILL BE RECOMMENDED BY THE TRUSTEESHIP AND GOVERNANCE COMMITTEE TO BE ELECTED BY THE BOARD OF REGENTS. THE PRESIDENT OF THE UNIVERSITY MAY BE EXCUSED FROM A MEETING AND NOTICE OF A MEETING UPON A MAJORITY VOTE OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS FOR THE FOLLOWING: - ARTICLE II: MISSION STATEMENT WAS UPDATED TO INCORPORATE ADDITIONAL LANGUAGE FOR THE ELCA'S VALUES. - ARTICLE IV: THE NUMBER OF AUTHORIZED INDIVIDUALS SERVING ON THE BOARD OF REGENTS WAS CHANGED TO BE A MINIMUM OF 25 MEMBERS AND A MAXIMUM OF 35 MEMBERS, THREE EX-OFFICIO MEMBERS (THE FACULTY CHAIR, THE UNDERGRADUATE STUDENT BODY PRESIDENT, AND THE GRADUATE STUDENT REPRESENTATIVE) WERE REMOVED FROM THE BOARD OF REGENTS, THE ORGANIZATION WILL USE ITS BEST EFFORTS TO ENSURE THAT A MAJORITY OF THE ELECTED MEMBERS OF THE BOARD OF REGENTS WILL BE ACTIVE MEMBERS OF THE ELCA OR ITS SUCCESSORS OR THOSE CONGREGATIONS/DENOMINATIONS WITH WHOM THE ELCA IS IN FULL COMMUNION ARTICLE V: THE MAXIMUM NUMBER OF CONVOCATORS WAS REDUCED TO 74 INCLUDING (I) 50 MEMBERS COMPOSED EQUALLY OF CONVOCATORS FROM THE FIVE CONSTITUENT SYNODS, WITH TEN MEMBERS FROM EACH SYNOD INCLUDING THE BISHOP OF THAT SYNOD; (II) FIVE MEMBERS SELECTED AT-LARGE FOR THE PURPOSE OF REPRESENTING OTHER INTEREST GROUPS PERTINENT TO THE UNIVERSITY; (III) TEN MEMBERS REPRESENTING THE SYNODS OF REGION 1; (IV) THE PRESIDENT OF THE UNIVERSITY; (V) UP TO THREE MEMBERS FROM THE FACULTY OF THE UNIVERSITY; (VI) UP TO TWO MEMBERS FROM THE STAFF OF THE UNIVERSITY; (VII) UP TO THREE MEMBERS WHO ARE STUDENTS OF THE UNIVERSITY INCLUDING ONE FROM THE ASSOCIATED STUDENTS OF CALIFORNIA LUTHERAN UNIVERSITY GOVERNMENT, ONE FROM THE GRADUATE AND PROFESSIONAL STUDENT COUNCIL, AND ONE FROM PLTS. THE VOTING RIGHTS AND OTHER RESPONSIBILITIES OF THE CONVOCATORS WERE ALSO REVISED. ARTICLE VI: THE OFFICERS OF THE BOARD OF REGENTS WERE UPDATED TO INCLUDE THE CHAIR, VICE CHAIR, SECRETARY, TREASURER, AND THE PRESIDENT OF THE UNIVERSITY, THE PRESIDENT OF THE UNIVERSITY IS APPOINTED BY THE BOARD OF REGENTS WITH THE CONSENT OF THE PRESIDING BISHOP OF THE ELCA, AND REVISED THE RESPONSIBILITIES AND ROLES OF THE OFFICERS. ARTICLE VII: THE OFFICERS OF THE ADMINISTRATION ARE THE PRESIDENT OF THE UNIVERSITY, THE CHIEF FINANCIAL OFFICER, PROVOST, AND OTHER OFFICERS AS APPOINTED BY THE PRESIDENT. ARTICLE IX: AN AUDIT COMMITTEE SECTION WAS ADDED - AUDIT COMMITTEE IS APPOINTED BY AND DELEGATED POWERS BY THE BOARD OF REGENTS; COMPOSED OF (I) A CHAIR, AS DESIGNATED BY THE BOARD OF REGENTS; (II) THE CHAIR OF THE BOARD OF REGENTS (OR A DESIGNEE); AND (III) THE SECRETARY OF THE BOARD (OR DESIGNEE). ARTICLE XIV: THE CONFLICT OF INTEREST POLICY SECTION WAS EXPANDED. ARTICLE XVII: THE PROVISIONS FOR AMENDMENT OF THE BYLAWS BY THE CONVOCATORS WAS REMOVED. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE UNIVERSITY CONSIST OF UP TO SEVENTY-FOUR CONVOCATORS CONSISTING OF: (I) FIFTY MEMBERS FROM THE FIVE CONSTITUENT SYNODS, TEN MEMBERS PER SYNOD, INCLUDING THE BISHOP OF THAT SYNOD SHALL REPRESENT EACH SYNOD; (II) FIVE MEMBERS ELECTED AT-LARGE FOR THE PURPOSE OF REPRESENTING OTHER INTEREST GROUPS PERTINENT TO THE UNIVERSITY (III) TEN MEMBERS SHALL REPRESENT THE SYNODS OF REGION I; (IV) ONE MEMBER SHALL BE THE PRESIDENT OF THE UNIVERSITY; (V) THE CONVOCATION MAY CHOOSE TO APPOINT UP TO THREE MEMBERS FROM THE FACULTY OF THE UNIVERSITY; (VI) THE CONVOCATION MAY CHOOSE TO APPOINT UP TO THREE MEMBERS WHO ARE STUDENTS OF THE UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7A ALL REGENTS SHALL BE ELECTED EXCEPT FOR VOTING EX-OFFICIO REGENTS CONSISTING OF THE CHAIR OF THE CONVOCATION, THE PRESIDENT OF THE UNIVERSITY, THE CHAIR OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA (ELCA) REQUIRED ADVISORY BOARD, THE ALUMNI BOARD REPRESENTATIVE (WHO SHALL NEITHER BE EMPLOYED BY THE UNIVERSITY OR ANY UNIVERSITY-GRANT PROGRAM NOR ENROLLED AS A STUDENT OF THE UNIVERSITY), AND THE BISHOP ASSIGNED BY THE BISHOPS OF REGION II OF THE ELCA. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF REGENTS MAY ADOPT, AMEND, OR REPEAL BYLAWS UNLESS DOING SO WOULD MATERIALLY AND ADVERSELY AFFECT THE CONVOCATORS' RIGHTS AS TO VOTING OR TRANSFER, SALE OR DISSOLUTION OF THE CORPORATION. NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED HEREIN, ANY BYLAW AMENDMENT WHICH MATERIALLY AND ADVERSELY AFFECTS THE PROVISIONS OF THESE BYLAWS THAT GIVE VOTING RIGHTS OR SUBSTANTIVE OR PROCEDURAL PROTECTIONS FOR THE BENEFIT OF PLTS OR THE ADVISORY BOARD OF PLTS SHALL NOT BECOME EFFECTIVE UNTIL THE AMENDMENT HAS BEEN APPROVED BY THE CHURCH COUNCIL OF THE ELCA. THE BOARD OF REGENT'S POWER TO ADOPT, AMEND OR REPEAL BYLAWS IS ALSO SUBJECT TO THE FOLLOWING LIMITATIONS: (I) WHERE ANY PROVISION OF THESE BYLAWS REQUIRES THE VOTE OF A LARGER PROPORTION OF THE CONVOCATORS THAN OTHERWISE IS REQUIRED BY LAW, SUCH PROVISION MAY NOT BE ALTERED, AMENDED, OR REPEALED EXCEPT BY THE VOTE OF SUCH GREATER NUMBER; (II) NO AMENDMENT MAY EXTEND THE TERM OF A REGENT BEYOND THAT FOR WHICH SUCH REGENT WAS ELECTED; AND (III) IF BYLAWS ARE ADOPTED, AMENDED, OR REPEALED AT A MEETING OF THE BOARD, SUCH ACTION IS AUTHORIZED ONLY AT A DULY CALLED AND HELD MEETING FOR WHICH WRITTEN NOTICE OF SUCH MEETING, SETTING FORTH THE PROPOSED BYLAW REVISIONS WITH EXPLANATIONS, THEREFORE, IS GIVEN IN ACCORDANCE WITH THESE BYLAWS, UNLESS SUCH NOTICE IS WAIVED IN ACCORDANCE WITH THESE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM AND REVIEWED BY THE CONTROLLER AND VICE PRESIDENT OF ADMINISTRATION & FINANCE. THE FORM 990 IS POSTED ON AN INTERNAL WEBSITE WITH ACCESS GIVEN TO ALL BOARD MEMBERS. THE BOARD OF REGENTS OF THE UNIVERSITY HAS DELEGATED THE FORMAL REVIEW TO THE ADMINISTRATION AND FINANCE COMMITTEE OF THE BOARD. AFTER THE ADMINISTRATION AND FINANCE COMMITTEE COMPLETE THEIR REVIEW, THE PRESIDENT OF THE UNIVERSITY SIGNS THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY REQUIRES ALL BOARD OF REGENTS, OFFICERS, FACULTY MEMBERS AND STAFF TO BE FAMILIAR WITH THE TERMS OF THE CONFLICT OF INTEREST POLICY; DISCLOSE TO THE BOARD SECRETARY ANY POSSIBLE PERSONAL, FAMILIAL, CLOSE OR BUSINESS RELATIONSHIPS THAT REASONABLY MIGHT GIVE RISE TO A CONFLICT INVOLVING THE UNIVERSITY; AND ACKNOWLEDGE BY HIS OR HER SIGNATURE THAT HE OR SHE IS IN ACCORDANCE WITH THE LETTER AND SPIRIT OF THIS POLICY. IN THE CASE OF OFFICERS AND OTHER DESIGNATED EMPLOYEES, AN ANNUAL DISCLOSURE WILL BE COMPLETED AND FILED WITH THE OFFICE OF THE VICE PRESIDENT FOR ADMINISTRATION AND FINANCE. EACH MEMBER OF THE STAFF AND FACULTY NOT COMPLETING AN ANNUAL AFFIRMATIVE STATEMENT MUST PROMPTLY REPORT ANY PERCEIVED OR ACTUAL CONFLICT OF INTEREST TO THEIR APPROPRIATE SENIOR ADMINISTRATOR. THE VICE PRESIDENT FOR ADMINISTRATION AND FINANCE SHALL REVIEW THE ANNUAL DISCLOSURE STATEMENTS OF OFFICERS AND DESIGNATED EMPLOYEES AND ANY REPORTED PERCEIVED OR ACTUAL CONFLICTS OF INTEREST. EXCEPTIONS WILL BE PROMPTLY REPORTED TO THE AUDIT COMMITTEE OF THE BOARD AT ITS NEXT MEETING. BOARD OF REGENTS SHALL REPORT TO THE SECRETARY OF THE BOARD OF REGENTS. AFTER DISCLOSURE, SUCH PERSONNEL SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE PRESIDENT IS ESTABLISHED BY THE BOARD OF REGENTS (THE BOARD). THE BOARD UTILIZED A HIGHER EDUCATION RECRUITING FIRM TO ANALYZE THE CURRENT MARKET COMPARISON DATA AND FIND QUALIFIED CANDIDATES. THE COMPENSATION COMMITTEE OF THE BOARD NEGOTIATED THE FINAL COMPENSATION PACKAGE BASED UPON THE CONSULTANT'S DATA AND THE EXPERIENCE LEVEL OF THE PRESIDENT. THE PROCESS IS DOCUMENTED IN THE BOARD'S MEETING MINUTES. THE COMPENSATION OF ALL THE VICE PRESIDENTS IS ESTABLISHED BY THE PRESIDENT AND IS BASED ON REGIONAL COMPENSATION MARKET DATA, INTERNAL DATA, AND JOB PERFORMANCE. COMPENSATION STUDIES ARE CONDUCTED BY THE HUMAN RESOURCES DEPARTMENT AND/OR OUTSIDE COMPENSATION CONSULTANTS. THE ASSISTANT VICE PRESIDENT FOR HUMAN RESOURCES PROVIDES THE PRESIDENT WITH THE MOST RECENT COMPENSATION STUDY PRIOR TO ANNUAL COMPENSATION INCREASES TO KEY OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ACTUARIAL ADJUSTMENT -345,772. UNRELATED BUSINESS INCOME FROM PARTNERSHIPS -61,862. CALIFORNIA LUTHERAN EDUCATIONAL FOUNDATION 60 WEST OLSEN ROAD M/C 1200 THOUSAND OAKS CA 91360 770076535 FUNDRAISING CA 501(C)(3) LINE 12A, I CALIFORNIA LUTHERAN UNIVERSITY 1 CHARITABLE REMAINDER UNITRUST (14) 60 WEST OLSEN ROAD M/C 1200 THOUSAND OAKS CA 91360 CHARITABLE TRUST CA CALIFORNIA LUTHERAN UNIVERSITY T 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 CALIFORNIA LUTHERAN EDUCATIONAL FOUNDATION 60 WEST OLSEN ROAD M/C 1200 THOUSAND OAKS CA 913602700 953962604 0 0 0 0 0 0 0 0 0 0