2024-05-09T16:04:25-07:00 2023-06-30 911194016 Clark Nuber PS 10900 NE 4th Street Suite 1400 Bellevue WA 98004 990 2022-07-01 910565553 SEATTLE PACIFIC UNIVERSITY SEAT 2062812066 3307 THIRD AVE W SEATTLE WA 981191997 Kimberly Sawers VP Business & Finance 2062812066 2024-05-09 1 Kimberly Sawers 999009999 1 Sarah Huang P00745974 4257096221 2024-05-09 1 11 1 AAL2 2022 2023-04-26 12:10:37Z Dr Deana L Porterfield 3307 Third Ave W Seattle WA 98119 142300314 0 X SPU.EDU X 1891 WA Seattle Pacific University is a Christian university fully committed to engaging the culture and changing the world by graduating people of competence and character, becoming people of wisdom, and modeling grace-filled community. 16 12 2072 82 221194 0 15804567 9180023 125966395 123583171 6431063 8051047 297514 -881 148499539 140813360 49989463 47800898 0 0 64844985 62594460 45152 2471 1673482 41072461 44120951 155952061 154518780 -7452522 -13705420 364019282 365721984 109428377 114252601 254590905 251469383 Seattle Pacific University is a Christian university fully committed to engaging the culture and changing the world by graduating people of competence and character, becoming people of wisdom, and modeling grace-filled community. 0 0 89484735 46731837 102117410 Higher Education: The academic program serves 2,662 undergraduate and graduate students at its main Seattle campus as well as 1,154 students in continuing education centers across Washington State. The University offers 56 undergraduate majors and 61 minor areas of study carried out through the College of Arts and Sciences and the Schools of Business, Government and Economics; Education; Health Sciences; Theology; and Psychology, Family and Community. Graduate studies include 17 master's degrees and 5 doctoral programs. 35487452 1069061 4113282 Student Services, Constituency, and Other Programs: The University provides activities and services to 2,662 students in co-curricular and support programs while engaged in their academic activities. The University also provides programs for more than 49,756 alumni to keep them engaged with the University for years to come. 14459909 0 15922950 Student Housing and Dining: As of Fall Quarter 2022, housing services are provided for 1,287 students and 1,044 students took part in the University meal plans. 1485148 0 1429529 Public Services: The University operates a conference services program at its Seattle campus and at its 77 acre campus on Whidbey Island, known as 'Camp Casey Conference Center'. This center provides opportunities for students to further their studies in biological sciences and other disciplines, as well as providing a facility for diverse groups of nonprofit organizations to build community and provide educational opportunities for their constituents. The center offers all these groups a place to reflect, excel, discover and grow. This year there were 169 groups that used these facilities. In addition, the University, through grant funding, is also partnering with various congregations in providing participation grants for the development of their young adult ministries. 1485148 0 1429529 140917244 1 1 0 1 0 0 1 0 0 1 1 1 0 0 1 1 0 1 1 0 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 1 1 1 0 0 1 5775 0 1 2072 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 16 12 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 AL AR CA FL GA HI IL IN KS KY MD MI MN MS NH NJ NM NY OR PA RI SC TN UT WA WI WV X Kimberly Sawers -VP Bus and Finance 2062812025 3307 THIRD AVE W SEATTLE WA 981191997 X Pete Menjares Interim President 50.00 0 X X 391318 0 63552 Laura Hartley Provost 50 0 X 245971 0 42185 Kimberly Sawers VP for Business and Finance 50.00 5.00 X 233343 0 31879 Donald Mortenson Special Assistant to the President 40.00 1.00 X 230929 0 13902 Louise Furrow VP for University Advancement 50 0 X 207470 0 33384 Cynthia Price Vice Provost for Academic Affairs 50 0 X 201996 0 31645 Tyra Dean-Ousley Dean, School of Health 40.00 0 X 210584 0 15845 Jeffrey Jordan Vice Provost for Student Formation and Community Engagement 50 0 X 189086 0 33002 Ross Stewart Dean 40.00 0 X 183702 0 30233 Micah Schaafsma Asst VP for Information Technology 40.00 0 X 172216 0 32915 Margaret Shenk Associate Provost 40.00 0 X 173449 0 26574 Margaret Watkins Dean 40.00 0 X 181202 0 15845 Joshua Canada Board Trustee 1.00 0.00 X 0 0 0 Mark Cederborg Board Trustee 1 1.00 X 0 0 0 Harvey Drake Board Trustee 1 0.00 X 0 0 0 Jason Garcia Board Trustee 1.00 0.00 X 0 0 0 Becky Gilliam Board Secretary 4.00 0.00 X X 0 0 0 Dina Gonzalez-Pina Board Trustee 1 0.00 X 0 0 0 Dean Kato Board Chair 4.00 0.00 X X 0 0 0 Mark Mason Treasurer 4.00 0.00 X X 0 0 0 George Parker Board Trustee 1.00 0.00 X 0 0 0 Mike Quinn Board Trustee 1 0.00 X 0 0 0 Larry Roberts Board Trustee 1 0.00 X 0 0 0 Leslie Vander Griend Board Trustee 1 0.00 X 0 0 0 Matthew Whitehead Board Trustee 1 0.00 X 0 0 0 Deborah Wilds Vice Chair 4.00 0.00 X X 0 0 0 Joyce Williams Board Trustee 1 0.00 X 0 0 0 2621266 0 370961 73 0 1 0 MD Design 4029 Wallingford Ave N Seattle WA 98103 Construction Services 273847 Ellucian Company LP 62578 Collections Center Dr Chicago IL 60693 Software services 226903 Ellis Li and McKinstry 1700 Seventh Avenue Suite 1810 Seattle WA 98101 Legal fees 163255 Zaninis Catering & Events 2440 SW Capital Dr Oak Harbor WA 98277 Catering 130599 Worldstrides ISA 5301 Southwest Parkway Suite 200 Austin TX 78735 Study Abroad Program 107245 5 29803 0 18703 359711 2137499 6634307 24317 9180023 Tuition and fees 611310 102117410 102117410 0 0 Student housing and dining 611310 15922950 15922950 0 0 Public service activities 611310 1429528 1429528 0 0 Seminars and events 611310 917861 917861 0 0 Other sales and services 611310 698663 698663 0 0 2496759 2107086 0 389673 123583171 5454338 0 0 5454338 0 0 0 0 0 0 0 0 606487 0 803478 0 -196991 0 -196991 0 0 -196991 18006 3173808 18554 576551 -548 2597257 2596709 0 0 2596709 63287 18703 88371 -25084 0 -25084 0 0 0 0 0 0 0 0 0 0 0 0 Accommodation 721000 221194 0 221194 0 0 0 0 0 221194 140813360 123193498 221194 8218645 0 0 46897415 46897415 903483 903483 0 0 2269676 1107782 814032 347862 382458 375069 7389 0 45220965 41435723 3362920 422322 3144569 2871041 240107 33421 7880289 7147887 629815 102587 3696503 3322565 317758 56180 0 0 0 0 414732 62047 352685 0 166525 0 166525 0 0 0 0 0 2471 2471 883559 0 883559 0 8945312 7999455 865288 80569 414688 412588 1426 674 4139835 3321584 646776 171475 1773104 1508577 119875 144652 10107 6261 3846 0 15228143 13861713 1171146 195284 1781533 1610011 169250 2272 0 0 0 0 123357 105895 17462 0 0 0 0 0 0 0 0 0 7496195 6555771 826711 113713 932182 166070 766112 0 1811679 1246307 565372 0 154518780 140917244 11928054 1673482 29668301 19180570 5776 1212383 1058444 1323377 4918196 6213793 0 0 0 0 4371500 3956909 377529 382638 1147218 1746933 250718917 111528662 144565780 139190255 8796 33401 177733774 192292421 0 0 0 0 163968 189304 364019282 365721984 12976816 11193715 0 0 4749335 3968910 85356110 82720347 0 0 0 0 0 0 0 0 6346116 16369629 109428377 114252601 X 140718212 128033300 113872693 123436083 254590905 251469383 364019282 365721984 -13705420 10583898 0 0 0 0 X 0 1 X 1 1 1 X 8916326 11162639 11990298 15804567 9180021 57053851 0 0 0 0 0 0 0 0 0 0 0 0 8916326 11162639 11990298 15804567 9180021 57053851 1801000 55252851 4574204 4362977 5576224 6886149 6060825 27460379 16302 0 0 0 0 16302 0 0 0 0 0 0 84530532 718937220 0.65364 0.66565 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 7289 0 0 0 7289 0 Schedule C, Part II-B, Line 1 The University pays membership dues to the Independent Colleges of Washington and the National Association of Independent Colleges and Universities. This amount represents the portion of dues attributed to lobbying activities. X X 1 3000 0 0 0 1 0 1 0 1 157684430 1383720 9821485 4361814 1536330 883559 162107932 169155266 -676768 -5276408 3549885 1367258 600517 157684430 121350742 1219634 51783069 3240933 1287233 670013 169155266 120743281 2251715 3275929 2959021 1204204 756958 121350742 110082879 2051890 13316183 2812300 1151425 743946 120743281 0.37 0.28 0.35 0 1 1 20440141 23244103 43684244 5907647 179088083 94343556 90652174 0 0 0 0 0 8734274 6200513 2533761 0 13304669 10984593 2320076 139190255 0 0 Pooled investments - Stock & equity institutional funds 67579129 F Pooled investments - Private equity funds 46701294 F Pooled investments - Real estate 53905304 F Pooled investments - Cash & short term 12487735 F Split interest agreements held by others 6445193 F Pooled investments - Bond institutional funds 5024825 F Pooled investments - Notes receivable 148941 F 192292421 0 Trust and annuity obligations (present value) 5738143 Investments managed for others 3637404 Governmental student loan programs 2944559 Student deposits and prepaid fees 1421754 Trust funds held for others 1243187 Asset retirement obligations (present value) 1195277 Operating lease obligations 189305 16369629 X Schedule D, Part II, Line 9 The University holds an open space conservation easement on a small island in the Puget Sound of Washington. Since it has no activity, the University does not disclose this on its financial statements. The easement is observed several times a year. Schedule D, Part V, Line 4 The University's endowment consists of funds established for a variety of purposes. These endowments include both donor restricted endowment funds and funds designated by the Board of Trustees to function as endowments. Distributions from endowments are primarily used to provide scholarship resources for students enrolled at the University. Distributions are made in accordance with any applicable donor instructions in the endowment agreements. Schedule D, Part X, Line 2 The University files income tax returns with the U.S. government and is subject to income tax examinations for the current year and certain prior years based on the applicable laws and regulations. As of June 30, 2023 and 2022, the University had no uncertain tax positions requiring accrual. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The University claims an exemption from the requirement to publish the University policy publicly (per Rev. Proc. 75-50). The University draws its students nationally and has 1,236 (51%) ethnic minority students in its undergraduate student body. This constitutes meaningful results in comparison to the ethnic makeup of the Northwest region and shows evidence of the nondiscrimination policy. In addition, the University publicizes its racially nondiscriminatory policy on its publicly accessible internet homepage, at all times, in a manner reasonably expected to be noticed by visitors to the homepage. Schedule E, Part I, Line 6 The University received federal awards from the U.S. Department of Education, U.S. Department of Health and Human Services, and the National Science Foundation. These awards are primarily for student financial assistance and for research and development. 1 Europe (including Iceland and Greenland) 0 0 Grantmaking Student financial aid 326790 Central America and the Caribbean 0 0 Grantmaking Student financial aid 212460 East Asia and the Pacific 0 0 Grantmaking Student financial aid 200343 Europe (including Iceland and Greenland) 0 0 Program Services Student study tours 167034 Middle East and North Africa 0 0 Grantmaking Student financial aid 163890 South America 0 0 Program Services Student study tours 113713 East Asia and the Pacific 0 0 Program Services Student study tours 81247 Middle East and North Africa 0 0 Program Services Student study tours 75242 South Asia 0 0 Program Services Student study tours 15848 0 0 1356567 Student financial aid while studying abroad Europe (including Iceland and Greenland) 47 0 326790 Financial aid posted to student accounts Book Student financial aid posted while studying abroad Central America and the Caribbean 29 0 212460 Financial aid posted to student accounts Book Student financial aid posted while studying abroad East Asia and the Pacific 29 0 200343 Financial aid posted to student accounts Book Student financial aid posted while studying abroad Middle East and North Africa 21 0 163890 Financial aid posted to student accounts Book 0 0 0 0 0 0 Schedule F, Part I, Line 2 Activities outside the United States reflects student financial aid grants. These are awarded based on the institution's assessment of the recipient's academic achievement, financial need, and other standards similar to those held at other universities. The student's records are then monitored in order to ensure that the grant requirements continue to be met. Disbursements are made in accordance with the exempt purpose for which the institution was organized, and with procedures and conditions established by the University. Golf Tournament 81990 18703 63287 0 13555 57373 0 0 17443 0 0 81990 18703 63287 0 13555 57373 0 0 17443 88371 -25084 1 Institutional student scholarships & grants 2500 0 43233851 Book Credit to student account Federally funded student scholarships & grants 279 0 697930 Book Credit to student account Privately funded student scholarships & grants 671 0 2952442 Book Credit to student account Student academic achievement or service award 14 8543 0 Book Benevolence 3 4650 0 Book Schedule I, Part I, Line 2 Grant disbursements for the institution's exempt programs are made in accordance with the exempt purpose for which the institution was organized, and with procedures and conditions established by the University's governing board. Student scholarships and grants are awarded based on the institution's assessment of the recipient's academic achievement, financial need, and other standards similar to those held by other universities. Student records are monitored in order to ensure grant requirements continue to be met. X X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Pete Menjares Interim President 364318 0 0 0 27000 0 13791 0 49761 0 454870 0 0 0 Donald Mortenson Special Assistant to the President 183429 0 0 0 47500 0 12375 0 1527 0 244831 0 0 0 Kimberly Sawers VP for Business and Finance 222543 0 0 0 10800 0 22071 0 9809 0 265223 0 0 0 Laura Hartley Provost 230983 0 0 0 14988 0 27954 0 14232 0 288157 0 0 0 Jeffrey Jordan Vice Provost for Student Formation and Community Engagement 189086 0 0 0 0 0 20526 0 12476 0 222088 0 0 0 Cynthia Price Vice Provost for Academic Affairs 187996 0 0 0 14000 0 21238 0 10407 0 233641 0 0 0 Louise Furrow VP for University Advancement 162472 0 0 0 9744 0 17077 0 9570 0 198863 0 0 0 Tyra Dean-Ousley Dean, School of Health 177664 0 0 0 32920 0 6847 0 8997 0 226428 0 0 0 Ross Stewart Dean 173958 0 0 0 9744 0 20565 0 9667 0 213934 0 0 0 Margaret Watkins Dean 160702 0 0 0 20500 0 17021 0 9553 0 207776 0 0 0 Margaret Shenk Associate Provost 161273 0 0 0 12176 0 17021 0 9553 0 200023 0 0 0 Schedule J, Part I, Line 1a First Class Travel - Certain University salaried officers and key employees are allowed to fly first class based on work need or physical limitations as approved by their immediate supervisors. Disqualified Persons as defined by IRC 4946 use of first class travel are also approved in advance by the governing board. Travel for Companions - The spouse of the President is allowed to travel with the President as required for business purposes and is specifically approved by the Board Chair. Housing Allowance - The President is required, as a condition of employment, to live in campus provided housing. All facility related expenses to such housing is paid by the University. Social Clubs - Social club memberships are provided to certain employees and officers related to their specific job responsibilities for donor development and business meetings. Any personal use of the clubs is minor and is reimbursed to the University. The memberships are approved by the governing board. Schedule J, Part I, Line 3 The President's compensation is reviewed and approved annually by the Executive Committee of the Board of Trustees. The review includes a comparison of compensation levels of university presidents of similar institutions using both regional and national higher education compensation surveys. The compensation of the senior leadership team, who are also Disqualified Persons as defined by IRC 4946, is reviewed and approved by the Executive Committee using a similar methodology of reviewing existing and proposed compensation against regional and national higher education surveys. The Executive Committee's actions are ratified at a subsequent meeting of the Board of Trustees. A Washington Higher Education Facilities Authority 911306482 9397812U3 2020-03-02 51990000 Refund bonds issued 12/19/2013; Buildings & Structures 0 0 0 A 0 0 65570335 0 0 0 479751 0 0 0 65090584 0 2020 1 0 1 1 B 2010000 0 0 0 0 0 0 0 0 0 0 0 2030 0 0 0 1 A 0 0 1 1 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 1 A 1 Schedule K, Part II, Line 3-03/02/2020 51,990,000 Washington Higher Education Facilities Authority Line 3 includes bond premium excluded from Part 1, Column e Schedule K, Part III, Line 3a-03/02/2020 51,990,000 Washington Higher Education Facilities Authority The University engages Sodexo America LLC to provide food service operations to its campus. The institution has worked with bond counsel to ensure the agreement for this service meets the safe harbor provisions available under Rev. Proc. 97-13. Schedule K, Part IV, Line 2b-03/02/2020 51,990,000 Washington Higher Education Facilities Authority The University received a six month spending exemption. Student scholarships Relative 18317 Need-based scholarship Student financial aid R LaBrie Spouse of key employee 147362 Compensation/benefits 0 A Kato Relative to Trustee 110228 Compensation/benefits 0 S Kato Relative to Trustee 74912 Compensation/benefits 0 B Hartley Spouse of key employee 40719 Compensation/benefits 0 D Haslam Relative to Trustee 73213 Compensation/benefits 0 Schedule L, Part IV Compensation is set by the salary and benefits policies of the University and there is no involvement of related parties in the setting of their compensation. Form 990, Part VI, Section B, Line 11b The University provides a complete copy of the final Form 990 to each member of the governing body, via a secure website, with the exception of Schedule B (Schedule of Contributors). They are provided an opportunity to submit questions or concerns before the Form 990 is filed. Form 990, Part VI, Section B, Line 12c Each year, conflict of interest questionnaires are sent to the Trustees, Officers, Directors and key employees. The Questionnaires are reviewed and a determination is made as to what, if any, action is required. Business transactions with entities that a Trustee may own or control must meet the purchasing standards of the University regarding price competitiveness. Form 990, Part VI, Section B, Line 15 The President's compensation is reviewed and approved annually by the Executive Committee of the Board of Trustees. The review includes a comparison of compensation levels of presidents of similar institutions using both regional and national higher education compensation surveys. The compensation of other officers and key employees, who are also Disqualified Persons as defined by IRC 4946, is reviewed and approved by the Executive Commitee using a similar methodology of reviewing existing and proposed compensation against regional and national higher education surveys. The Executive Committee's actions are ratified at a subsequent meeting of the Board of Trustees. Form 990, Part VI, Section C, Line 19 The University makes its governing documents, including its conflict of interest policy, available upon request. The University's audited financial statements are available at www.spu.edu. Form 990, Part VII, Section A, Line 1a Kimberly Sawers, Vice President for Business and Finance is categorized as an Officer by IRS instructions only and is not an Officer per corporate by-laws. Seattle Pacific Foundation 3307 Third Ave W Seattle WA 98119 911068276 To support Seattle Pacific University WA 501 (c) (3) 12a Type I Seattle Pacific University 1 Charitable Remainder Unitrusts (40) 3307 Third Ave West Seattle WA 98119 Beneficial Interest WA N/A T 0 Pooled Income Fund (1) 3307 Third Ave West Seattle WA 98119 Beneficial Interest WA N/A T 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 Seattle Pacific Foundation a-iv 21094 Fair market value Seattle Pacific Foundation c 359711 Fair market value Seattle Pacific Foundation m 883559 Fair market value Seattle Pacific Foundation q 553912 Fair market value