2023-05-15T14:56:20-05:00 2022-06-30 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1400 PORTLAND OR 97205 990 2021-07-01 930398802 MULTNOMAH UNIVERSITY MULT 5032550332 8435 NE GLISAN ST PORTLAND OR 97220 MICI SARTIN CFO 5032550332 2023-05-12 1 MICI SARTIN 999009999 WENDY CAMPOS P00448102 5032421447 2023-05-12 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z MICI SARTIN 8435 NE GLISAN ST PORTLAND OR 97220 19887296 0 X WWW.MULTNOMAH.EDU X 1937 OR IT IS THE MISSION OF MULTNOMAH UNIVERSITY TO EQUIP CHRISTIAN STUDENTS THROUGH HIGHER EDUCATION TO BECOME BIBLICALLY COMPETENT, ACADEMICALLY PROFICIENT, SPIRITUALLY FORMED, AND CULTURALLY ENGAGED SERVANT LEADERS, SHAPED TO BE A TRANSFORMING FORCE IN THE CHURCH, COMMUNITY AND WORLD. THE UNIVERSITY PROVIDES STUDENTS ALL SERVICES NECESSARY FOR A COLLEGE EDUCATION AND ASSISTS, WHERE POSSIBLE, THOSE STUDENTS IN FINANCIAL NEED. 15 15 417 29 0 0 3495961 6093352 10633134 11251000 129323 215210 997591 320761 15256009 17880323 2691369 3862971 0 0 9267509 8478447 0 0 403061 4740091 6543563 16698969 18884981 -1442960 -1004658 31830186 29044106 4486015 4420292 27344171 24623814 X IT IS THE MISISON OF MULTNOMAH UNIVERSITY TO EQUIP CHRISTIAN STUDENTS THROUGH HIGHER EDUCATION TO BECOME BIBLICALLY COMPETENT, ACADEMICALLY PROFICIENT, SPIRITUALLY FORMED, AND CULTURALLY ENGAGED SERVANT LEADERS, SHAPED TO BE A TRANSFORMING FORCE IN THE CHURCH, COMMUNITY AND WORLD. THE UNIVERSITY PROVIDES STUDENTS ALL SERVICES NECESSARY FOR A COLLEGE EDUCATION AND ASSISTS, WHERE POSSIBLE, THOSE STUDENTS IN FINANCIAL NEED. 0 0 12668521 3862971 11502904 DURING THE CURRENT FISCAL YEAR THE COLLEGE PROVIDED EDUCATIONAL PROGRAMS FOR APPROXIMATELY 156 SEMINARY AND 455 UNDERGRADUATE & MASTERS STUDENTS (TOTAL 611 STUDENTS).MULTNOMAH COMPLETED A 4 YEAR COMPREHENSIVE CAMPAIGN, ENDING WITH RAISING $20 MILLION. THE CAMPAIGN FOCUSED ON SEVERAL AREAS THAT WILL ENHANCE THE SCHOOL'S EDUCATION AND ATHLETIC OFFERINGS. A NEW YEAR-ROUND ATHLETIC FIELD WAS COMPLETED IN 2022 SO WE NOW HAVE THE ABILITY FOR OUR SOCCER AND LACROSSE PROGRAMS TO PRACTICE AND COMPETE ON CAMPUS. TWO NEW SCIENCE LABS WERE ALSO COMPLETED, WHICH WILL GREATLY EXPAND OUR SCIENCE COURSE OFFERINGS. THE CAMPAIGN ALSO SUPPORTED OUR INSTITUTIONAL AID TO OUR STUDENTS AND ASSISTED WITH UPGRADING VARIOUS AREAS OF TECHNOLOGY.ACADEMIC: THE IMPACT OF COVID EFFECTED OUR STUDENTS GREATLY, BUT WE WERE ABLE TO OFFER BOTH ONLINE AND IN PERSON CLASSES, AND GAVE AMPLE ROOM FOR SOCIAL DISTANCING TO CONTINUE TO OFFER A HIGHLY ENGAGED COMMUNITY BOTH ON AND OFF CAMPUS.ATHLETICS: WE LAUNCHED MEN'S AND WOMEN'S LACROSSE TEAMS. THEIR SEASONS BEGAN IN THE SPRING OF 2022. WE CURRENTLY ARE OFFERING 12 COMPETITIVE TEAMS IN BOTH MEN'S AND WOMEN'S ATHLETICS." 12668521 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 41 0 1 417 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OR X DEBBIE WHITEHEAD 5032515346 8435 NE GLISAN ST PORTLAND OR 97220 CRAIG WILLIFORD PRESIDENT & CEO (THRU 05/22) 50.00 X 188951 0 74354 TED ALLEN EXEC VICE PRESIDENT 50.00 X 145945 0 2017 ALIN VRANCILA CHIEF ACADEMIC OFFICER 50.00 X 114615 0 6716 ROBERT LARSON VP OF ADVANCEMENT 50.00 X 111403 0 7268 REGINA BERQUIST VP OF ENROLLMENT (THRU 09/21) 50.00 X 107200 0 5322 JOE SLAVENS VP OF STUDENT LIFE 50.00 X 104018 0 7477 JESSICA TAYLOR VP OF DID 50.00 X 103032 0 2222 ERIC JOSEPH PRESIDENT & CEO (AS OF 03/22) 50.00 X 0 0 0 BEN OCHS CHAIRMAN 3.00 X X 0 0 0 CLIFFORD COOK VICE CHAIR 3.00 X X 0 0 0 CHARLES LANDERS TREASURER 3.00 X X 0 0 0 BRENT MESQUIT SECRETARY 3.00 X X 0 0 0 VICTOR ALVARIZARES TRUSTEE 3.00 X 0 0 0 CLIFF CHAPPELL TRUSTEE 3.00 X 0 0 0 PAUL COLLIGAN TRUSTEE 3.00 X 0 0 0 AUSTIN HODGES TRUSTEE 3.00 X 0 0 0 ADRIENNE LIVINGSTON TRUSTEE 3.00 X 0 0 0 JAY MOSSER TRUSTEE 3.00 X 0 0 0 NATHAN NYMEYER TRUSTEE 3.00 X 0 0 0 JONATHAN ORTIZ-MYERS TRUSTEE 3.00 X 0 0 0 JOYCE SCHROEDER TRUSTEE 3.00 X 0 0 0 SUE RUUD STOVER TRUSTEE 3.00 X 0 0 0 CHANDLER WILSON TRUSTEE 3.00 X 0 0 0 BRIDGET JEFFRIES TRUSTEE (THRU 10/2021) 3.00 X 0 0 0 BRAD BICKLEY TRUSTEE (THRU 01/2022) 3.00 X 0 0 0 875164 0 105376 7 0 1 0 TODD CONSTRUCTION PO BOX 949 TUALATIN OR 97062 CONSTRUCTION 1297489 DUKE CONSTRUCTION PO BOX 1702 BORING OR 97009 CONSTRUCTION 581810 PIONEER COLLEGE CATERERS 25055 W VALLEY PKWY STE 120 OLATHE KS 66061 FOOD SERVICE 399777 TG THREE 1405 HOSKINS ST NEWBERG OR 97132 MARKETING 237000 CARTERBALDWIN EXECUTIVE SEARCH 200 MANSELL CT EAST SUITE 450 ROSWELL GA 30076 CONSULTING 126891 6 1155052 4938300 2518556 6093352 TUITION 611600 10027091 10027091 ROOM & BOARD 721310 1223909 1223909 11251000 199753 199753 2004898 17532 2006973 0 -2075 17532 15457 15457 MISCELLANEOUS INCOME 611600 249426 249426 CAFE/GEAR STORE 611600 71335 71335 320761 17880323 10347852 0 1439119 3862971 3862971 895502 430984 340261 124257 6466579 4426668 1900503 139408 80786 45699 30414 4673 487594 274508 194032 19054 547986 286630 242618 18738 862830 446407 416423 18959 18959 62383 62383 116581 116581 462803 149611 301364 11828 714108 370903 342610 595 468769 206048 249348 13373 775095 556702 218393 395624 314708 16781 64135 20614 4069 15795 750 21334 21334 933180 746180 187000 MISCELLANEOUS 987290 345833 641391 66 LICENSE & FEES 539233 179266 353783 6184 LEASE 161813 161813 BAD DEBT 2947 2947 18884981 12668521 5813399 403061 736045 2081885 5015579 990383 394276 368529 489650 600642 36153 23302 182843 201312 34379978 21367784 11172892 13012194 7564504 6110758 6238244 5655101 31830186 29044106 987560 798667 0 207093 3498455 3414532 4486015 4420292 X 10235000 8718000 17109171 15905814 27344171 24623814 31830186 29044106 X -1004658 -1133172 -582527 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 69473 143739 190926 22286 0 8670555 31700 -637336 188045 7876874 7882218 6590 953271 171524 8670555 7849982 33850 89990 91604 7882218 7328725 448128 230158 157029 7849982 7005414 244742 215037 136468 7328725 0.08000 0.92000 0.00000 0 0 996662 996662 21239685 10519366 10720319 8887745 8180769 706976 3255886 2667649 588237 13012194 ASSETS HELD IN CRT 3939574 BENEFICIAL INTEREST IN PERPETUAL TRUST 1715527 5655101 LIABILITY UNDER SPLIT-INTEREST AGREEMENTS 2121259 ACTUARIAL LIABILITY FOR ANNUITIES 792787 CAPITAL LEASES PAYABLE 383307 DEPOSITS 117179 3414532 X 12185072 -1133172 -4445498 -5578670 17763742 116581 116581 17880323 14905429 -3862971 -3862971 18768400 116581 116581 18884981 PART IV, LINE 1B: STUDENT GOVERNMENT FUNDS HELD IN AGENCY ARRANGEMENT. WE ASSIST OUR STUDENT GOVERNMENT ASSOCIATION BY PROVIDING A/P & A/R FUNCTIONS, AT THEIR DIRECTION. PART X, LINE 2: THE UNIVERSITY IS A TAX-EXEMPT ORGANIZATION AND IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES, EXCEPT FOR UNRELATED BUSINESS INCOME, IN ACCORDANCE WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE UNIVERSITY QUALIFIED FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. UNRELATED BUSINESS INCOME TAX, IF ANY, IS INSIGNIFICANT AND NO TAX PROVISION HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE UNIVERSITY RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENTS. THE UNIVERSITY RECOGNIZES INTEREST ACCRUED AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AS AN ADMINISTRATIVE EXPENSE. DURING THE YEARS ENDED JUNE 30, 2022 AND 2021, THE UNIVERSITY RECOGNIZED NO INTEREST AND PENALTIES. THE UNIVERSITY HAD NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2022 OR 2021. THE UNIVERSITY FILES AN EXEMPT ORGANIZATION INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION. 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 ORGANIZATION HAS THEIR NONDISCRIMINATION POLICY AVAILABLE ON THEIR WEBSITE. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES FINANCIAL AID FOR QUALIFYING STUDENTS ENROLLED AT THE UNIVERSITY. 1 ENDOWMENT SCHOLARSHIPS 133 181258 MULTNOMAH INSTITUTIONAL AID 362 3570259 PART IV - ADDITIONAL SUPPLEMENTAL INFORMATION ALL GRANT FUNDS RECEIVED BY THE UNIVERSITY ARE OVERSEEN BY OUR FINANCIAL AID DEPARTMENT. THE DIRECTOR OF FINANCIAL AID WORKS CLOSELY WITH THE DEPT OF EDUCATION AND OUR STUDENT ACCOUNTS DEPARTMENT TO ENSURE PROPER MANAGEMENT OF THE STUDENTS' FUNDS. AS FUNDS ARE APPROVED AND RELEASED, DISBURSEMENT REPORTS ARE GIVEN TO OUR STUDENT ACCOUNTS DEPARTMENT AND FUNDS ARE ELECTRONICALLY UPLOADED TO THE INDIVIDUAL STUDENT TUITION ACCOUNTS AND VERIFIED FOR ACCURACY. ALL FUNDS ARE UPLOADED WITHIN THE PRESCRIBED WINDOW OF THREE BUSINESS DAYS AND ALL FUNDS ARE AVAILABLE TO THE STUDENT WITH 14 DAYS OF DISBURSEMENT TO THEIR ACCOUNT. X 1 0 X X X X 0 0 0 0 0 0 0 0 0 CRAIG WILLIFORD PRESIDENT & CEO (THRU 05/22) 188951 0 0 0 0 0 4354 0 70000 0 263305 0 0 0 PART I, LINE 1A CLERGY HOUSING ALLOWANCES ARE SUBMITTED TO THE BOARD BY QUALIFYING FACULTY/STAFF WHO ARE ORDAINED MINISTERS. THE PRESIDENT OF MULTNOMAH UNIVERSITY IS ORDAINED, AND SUBMITS AN ANNUAL REQUEST TO THE BOARD TO DESIGNATE A PORTION OF HIS RESPECTIVE COMPENSATION AS A CLERGY HOUSING ALLOWANCE. X 3 2518556 FMV 0 0 0 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS FORM 990, PART III, LINE 4A - PROGRAM SERVICE ACCOMPLISHMENTS DURING THE CURRENT FISCAL YEAR THE COLLEGE PROVIDED EDUCATIONAL PROGRAMS FOR APPROXIMATELY 156 SEMINARY AND 455 UNDERGRADUATE & MASTERS STUDENTS (TOTAL 611 STUDENTS). FORM 990, PART VI, SECTION B, LINE 11B FORM 99O IS SUBMITTED TO THE FINANCE COMMITTEE OF THE BOARD FOR DISCUSSION, REVIEW, AND APPROVAL PRIOR TO FILING. IN ADDITION, A COPY OF FORM 990 IS MADE AVAILABLE TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A QUESTIONNAIRE, THEN SIGN AN ANNUAL FORM STATING THAT THEY HAVE REVIEWED THE CONFLICT OF INTEREST POLICY AND HAVE DISCLOSED ANY CONFLICT THEY MAY HAVE. THESE FORMS ARE REVIEWED FOR ACCURACY AND COMPLETION, AND ARE RETAINED BY THE NOMINATING AND MEMBERSHIP COMMITTEE OF THE BOARD. IN THE CASE OF A CONFLICT, THE CONFLICTED PERSON IS EXCUSED FROM THE DISCUSSION AND VOTING PROCESS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE CEO IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD, WITH CURRENT CUPA RANGES UTILIZED FOR COMPARABILITY DATA. THE LAST REVIEW WAS COMPLETED IN MAY 2022. COMPENSATION OF ALL OFFICERS AND KEY EMPLOYEES ARE REVIEWED ANNUALLY BY THE BOARD THROUGH THE BUDGET PROCESS, WITH CURRENT CUPA RANGES UTILIZED FOR COMPARABILITY DATA. THE LAST REVIEW WAS COMPLETED IN MAY 2021. FORM 990, PART VI, SECTION C, LINE 19 PROVIDED ON REQUEST FROM THE PRESIDENT'S OFFICE. FORM 990, PART XI, LINE 9: PRESENT VALUE ADJUSTMENT SPLIT-INTEREST AGREEMENTS -387,640. PRESENT VALUE ADJUSTMENT ANNUITIES -194,887.