2023-05-12T16:10:18-07:00 2022-06-30 990 2021-07-01 930401259 UNIVERSITY OF PORTLAND UNIV 5039437337 5000 N Willamette Blvd Portland OR 972035798 Eric Barger V.P. for Financial Affairs 5039437507 2023-04-17 1 11 1 AAL2 2021 2023-04-26 12:10:37Z Dr Robert Kelly 5000 N Willamette Blvd Portland OR 97203 308940070 0 X www.up.edu X 1935 OR The University of Portland, an independently governed Catholic university guided by the Congregation of Holy Cross, addresses significant questions of human concern through interdisciplinary studies of the arts, sciences, and humanities and through studies in majors and professional programs at the undergraduate and graduate levels. As a diverse community of scholars dedicated to excellence and innovation, we pursue teaching and learning, faith and formation, leadership and service in the classroom, residence halls, and all activities of campus life. Because we value the development of the entire person, the university honors faith and reason as ways of knowing, promotes ethical reflection, and prepares people who respond to the needs of the world and its human family. 48 29 2620 51 203838 79069 14546742 16918632 199289659 220687428 1315580 2242519 -6959152 25842 208192829 239874421 93707301 99479464 0 0 83051883 87287071 0 0 1752180 48120418 63549991 224879602 250316526 -16686773 -10442105 747421010 712308392 107540010 107068392 639881000 605240000 The University of Portland, an independently governed Catholic university guided by the Congregation of Holy Cross, addresses significant questions of human concern through interdisciplinary studies of the arts, sciences, and humanities and through studies in majors and professional programs at the undergraduate and graduate levels. As a diverse community of scholars dedicated to excellence and innovation, we pursue teaching and learning, faith and formation, leadership and service in the classrooms, residence halls, and all activities of campus life. Because we value the development of the entire person, the university honors faith and reason as ways of knowing, promotes ethical reflection, and prepares people who respond to the needs of the world and its human family. 0 0 169129949 96764335 189379575 Post-secondary Education: The primary mission of the University of Portland is education. 4,033 undergraduate and graduate students were enrolled in 2021/2022 in the College of Arts and Sciences, Pamplin School of Business Administration, School of Education, School of Nursing, and Shiley School of Engineering. The University has been repeatedly recognized as one of the top ten master's universities in the west. An integral part of our mission is the provision of student financial aid to help students pursue their education. A high-quality, personalized education at the University of Portland is an investment in each student's future success. We recognize that some students and their families may need assistance to meet some of their college costs, and we strive to help fill the gap between the cost of attendance and funds available to each student. We connect students with a wide range of internal and external funding options, but the expenses included in this category reflect scholarships and grants through institutional funds, annual and endowed gifts, and matching of government funds. 59248424 2544330 29269620 Extracurricular Programs, Student Services and Campus Life: The University of Portland recognizes that an education should develop the entire person and accordingly maintains diverse and comprehensive extracurricular programs on campus. Expenses and revenues listed above include residence halls, dining, NCAA Division I athletics, International Student Services, Health and Career Services, Admissions, Registrar, Student Government and Activities, Financial Aid, and Intramurals. 0 0 0 228378373 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 1 1 0 0 1 415 0 1 2620 1 1 1 1 AU 0 0 0 1 1 0 0 0 0 0 0 X 48 29 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 1 1 0 OR X Eric C Barger 5039437507 5000 N Willamette Blvd Portland OR 972035798 Shantay A Legans Head Men's Basketball coach 40 0 X 474336 0 20077 Herbert A Medina Provost/Interim President 40 0 X X 317073 0 24762 Thomas G Greene Provost (Officer) 40 0 X 304393 0 0 Alan P Timmins VP for Financial Affairs (Officer) 40 0 X 293716 0 0 Scott R Leykam VP for Athletics 40 0 X 248480 0 41726 J Bryce Strang VP for University Relations 40 0 X 253650 0 28909 Brian Fabien Dean - School of Engineering 40 0 X 240856 0 32251 Eric C Barger VP for Financial Affairs 40 0 X 218046 0 40790 Mojtaba B Takallou Assoc Professor, Engineering 40 0 X 211829 0 42091 Nick Carlin-Voigt Head Men's Soccer coach 40 0 X 208454 0 37772 Casey R Shillam Dean - School of Nursing 40 0 X 203821 0 39277 John L Watzke Dean - School of Education 40 0 X 202997 0 39065 Brian J Adams Professor, Finance 40 0 X 196035 0 39468 Michael Lewellen VP for Marketing & Communications 40 0 X 213922 0 18252 Andrea M Barton VP and General Counsel 40 0 X 214397 0 17287 James B Ravelli VP for University Operations 40 0 X 213661 0 17838 Michelle A French Head Women's Soccer coach 40 0 X 202756 0 22846 Rev Mark Poorman CSC President (Officer) 40 0 X 195700 0 15356 Gary L Malecha Dean, School of Business, interim (Key employee) 40 0 X 173698 0 10156 John Donato CSC VP for Student Affairs 40 0 X 165441 0 15356 Michael L DeVaughn Dean - Schoool of Business 40 0 X 148921 0 27235 Norah A Martin Dean, College of Arts & Sciences, interim (Key employee) 40 0 X 144717 0 27719 Terry Porter Head Men's Basketball coach (Highest Paid) 40 0 X 160295 0 178 Sandy S Chung VP for Human Resources (Officer) 40 0 X 124939 0 0 Rev Charles F McCoy CSC Assoc Professor, Mathematics 40 0 X 76417 0 15356 Thomas D Arndorfer Trustee 1 0 X 0 0 0 Kristen Backeberg Trustee 1 0 X 0 0 0 Richard S Baek Trustee 1 0 X 0 0 0 Rev E William Beauchamp CSC Trustee 1 0 X 0 0 0 Patrick E Becker Jr Trustee 1 0 X 0 0 0 James J Berchtold Trustee 1 0 X 0 0 0 Ralph G Bliquez Trustee 1 0 X 0 0 0 Mary R Boyle Trustee 1 0 X 0 0 0 Nancy K Bryant Trustee 1 0 X 0 0 0 Annie T Buell Trustee 1 0 X 0 0 0 Janice L Burger Trustee 1 0 X 0 0 0 Cheryl L Cebula Trustee 1 0 X 0 0 0 Matthew W Chapman Trustee 1 0 X 0 0 0 Kevin M Cooper Trustee 1 0 X 0 0 0 Christina M Doerfler Trustee 1 0 X 0 0 0 Elizabeth Dolly Duffy Trustee 1 0 X 0 0 0 Frank D Dulcich Trustee 1 0 X 0 0 0 Rev James K Foster CSC Trustee 1 0 X 0 0 0 Mark B Ganz Trustee 1 0 X 0 0 0 Michael R Golub Trustee 1 0 X 0 0 0 Rev David L Guffey CSC Trustee 1 0 X 0 0 0 Paul G Henningsen Jr Trustee 1 0 X 0 0 0 Tom Hoban Trustee 1 0 X 0 0 0 Edward C Hostmann Trustee 1 0 X 0 0 0 Rev Peter A Jarret CSC Trustee 1 0 X 0 0 0 Patricia K Johnson Trustee 1 0 X 0 0 0 Fred H Jonske Trustee 1 0 X 0 0 0 Kasey C Keller Trustee 1 0 X 0 0 0 Patrick H Kessi Trustee 1 0 X 0 0 0 Rev William M Lies CSC Trustee 1 0 X 0 0 0 Rev Edward A Malloy CSC Trustee 1 0 X 0 0 0 John S Marick Trustee 1 0 X 0 0 0 Timothy J Morgan Trustee 1 0 X 0 0 0 Monica Names-King Trustee 1 0 X 0 0 0 Michel E Nelson Trustee 1 0 X 0 0 0 James T Price Sr Trustee 1 0 X 0 0 0 Rev Patrick E Reidy CSC Trustee 1 0 X 0 0 0 Larree M Renda Trustee 1 0 X 0 0 0 Don V Romanaggi MD Trustee 1 0 X 0 0 0 Rev John J Ryan CSC Trustee 1 0 X 0 0 0 Stephen L Shepard Trustee 1 0 X 0 0 0 Darlene V Shiley Trustee 1 0 X 0 0 0 Edwin A Sweo Trustee 1 0 X 0 0 0 Kay Dean Toran Trustee 1 0 X 0 0 0 Darryl P Wong Trustee 1 0 X 0 0 0 5408550 0 573767 142 1 1 0 Lease Crutcher Lewis 550 SW 12th Avenue Portland OR 972053427 General contractor 14307793 Bon Appetit Management Co 201 Redwood Shores Parkway Suite 10 Redwood Shores CA 94065 Food Service 9008565 Kaiser Foundation Health Plan PO Box 34178 Seattle WA 98124 Health Insurance Plan 8456411 EAB Global PO Box 603519 Charlotte NC 28260 Education Technology Services 1691535 PacificSource Health Plans PO Box 7068 Springfield OR 97475 Healthcare Services 1569029 79 0 0 20975 0 7770979 9126678 419440 16918632 Tuition and fees 611310 189379575 189379575 0 0 Room and board 611310 25909115 25909115 0 0 Athletics 611310 2038233 1840108 198125 0 3360505 3045141 6762 308602 220687428 421114 0 -1049 422163 0 0 0 0 16846 0 0 16846 0 0 70867000 0 69045595 0 1821405 0 1821405 930130 0 891275 29050 20975 20054 8996 0 8996 0 239874421 221104069 203838 1647882 57304 57304 99422160 99422160 0 0 0 0 3990705 1231421 2474724 284560 0 0 0 0 60755321 48440571 11329276 985474 4477086 3370541 1036561 69984 12708470 9719517 3175352 -186399 5355489 3958612 1297338 99539 0 0 0 0 647802 0 647802 0 133776 0 133776 0 0 0 0 0 0 0 28804 0 28804 0 16063600 13142646 2815204 105750 1112372 253873 760781 97718 4004486 2374107 1624220 6159 2673436 184939 2392559 95938 12886 12886 0 0 6113321 1111122 5002199 0 4808057 4601409 186247 20401 0 0 0 0 1399699 524275 713218 162206 3250452 2974351 276101 0 0 0 0 0 11853365 10346382 1506983 0 2075449 132656 1942793 Unrelated business income tax 24500 0 24500 0 9347986 26519601 -17182465 10850 250316526 228378373 20185973 1752180 15196 14997 19173754 34390608 11381196 10072476 1110904 1584107 6250 3250 5049365 4416258 0 0 610506 432032 470601103 140217860 319395886 330383243 12177000 39773000 375540000 288311000 2960953 2927421 747421010 712308392 10332774 15781810 0 0 7303261 5304093 73397043 72690097 0 0 251344 210321 0 0 0 0 16255588 13082071 107540010 107068392 X 303596000 299477000 336285000 305763000 639881000 605240000 747421010 712308392 X -10442105 -23950895 -248000 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 322405863 5522642 -22285849 4636493 2035291 0 298970872 217583130 3016001 109134610 4352636 2975242 0 322405863 209126764 2813552 13881110 4045903 4192393 0 217583130 194396591 8432010 13702076 3754385 3649528 0 209126764 177642157 3467808 19934288 3551069 3096593 0 194396591 0.15 0.85 0 1 0 17984885 0 17984885 326947295 0 78363417 248583878 0 0 0 0 66916334 0 42562017 24354317 58752589 0 19292426 39460163 330383243 0 0 Private equity investments 89000 F Beneficial interest in assets held by others 288023000 F Cash surrender value of life insurance 199000 F 288311000 0 Annuities payable 1788044 Government loan advances 2145901 Nontax-exempt bond liabilities 9148126 13082071 X 117185130 -24173067 248000 0 20054 -23905013 141090143 0 98784278 98784278 239874421 151825848 248000 91622 0 20054 359676 151466172 0 98850354 98850354 250316526 Schedule D, Part V, Line 3a(i) The University invests most o its endowment with a religious affiliate that shares the University's Catholic ministry and educational mission. These assets are held in the affiliate's endowment and are invested for the University's best interest. Schedule D, Part V, Line 4 The endowment supports a wide spectrum of campus life including student scholarships, faculty development efforts, the library, and a variety of other academic and student services program. Schedule D, Part X, Line 2 The University recognizes interest accrued and penalties related to unrecognized tax benefits in administrative expense. During the years ended June 30 2022 and 2021, the University recognized no interest and penalties. There were no unrecognized tax benefits at June 30 2022 and 2021, and the University has no uncertain tax position requiring accrual. Schedule D, Part XI, Line 2d Other reconciling items represent fundraising expenses included in Part VIII and rounding. Schedule D, Part XI, Line 4b Scholarships are included in the University's financial statement as contra-revenue. They are treated as expenses in the Form 990. Schedule D, Part XII, Line 2d Other reconciling items represent fundraising expenses included in Part VIII and rounding. Schedule D, Part XII, Line 4b Scholarships are included in the University's financial statement as contra-revenue. The amount is treated as expense in 990. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 To supplement its nondiscriminatory practices, the University publishes an advertisement of its nondiscriminatory policy in the primary regional newspaper annually. The policy is featured on University's web site, and in public communications as described in line 2. Schedule E, Part I, Line 6 The University participates in a variety of federal and state student grant and programs: Pell Grants, Academic Competitiveness Grant, SMART Grants, Supplemental Educational Opportunity Grants, and Oregon Opportunity Grants Europe (including Iceland and Greenland) 3 0 Program Services Study Abroad program 2261247 North America (including Canada and Mexico, but not the United States) 0 3 Program Services Study Abroad program 44803 South America 0 0 Program Services Study Abroad program 2959 East Asia and the Pacific 0 0 Program Services Study Abroad program 474 3 3 2309483 1 0 1 1 1 0 Pilots Invitational 50025 20975 29050 0 396 14224 2415 0 3019 0 0 50025 20975 29050 0 396 14224 2415 0 3019 20054 8996 0 Scholarships from institutional funds for tuition, fees, and room & board 3805 94773199 Scholarships from annual donations for tuition, fees, and room & board 295 1176546 Scholarships from endowed donations for tuition, fees, and room & board 774 3566227 Scholarships from institutional match of government funds for tuition, fees, and room & board 238 442422 Grants from HEERF 2012 3437465 Schedule I, Part I, Line 2 Scholarships and grants are distributed to students by posting the funds to their accounts to offset charges for tuitions, fee, and room and board. Any remaining credit is refunded to the students via check or direct deposit for use in purchasing books, food, and/or for housing, etc. Contributions to exempt organizations that further the University's exempt purpose require approval of a Vice President. X X X X 1 1 X X X X X 1 0 0 0 0 0 0 0 0 Shantay A Legans Head Men's Basketball coach 387681 0 75000 0 14987 0 0 0 16745 0 494413 0 0 0 Herbert A Medina Provost/Interim President 315541 0 0 0 2460 0 16280 0 7554 0 341835 0 0 0 Thomas G Greene Provost (former) 0 0 0 0 304393 0 0 0 0 0 304393 0 0 0 Alan P Timmins VP for Financial Affairs (Officer) 0 0 0 0 293716 0 0 0 0 0 293716 0 0 0 J Bryce Strang VP for University Relations 256746 0 0 0 1919 0 16647 0 7248 0 282560 0 0 0 Scott R Leykam VP for Athletics 223485 0 10000 0 19667 0 17652 0 19403 0 290207 0 0 0 Brian Fabien Dean - School of Engineering 241800 0 0 0 960 0 15620 0 14727 0 273107 0 0 0 Eric C Barger VP for Financial Affairs 220750 0 0 0 1380 0 16775 0 19931 0 258836 0 0 0 Andrea M Barton VP and General Counsel 213327 0 0 0 1136 0 16353 0 869 0 231685 0 0 0 Michael Lewellen VP for Marketing & Communications 209825 0 0 0 4887 0 9769 0 7692 0 232173 0 0 0 James B Ravelli VP for University Operations 211686 0 0 0 5305 0 15711 0 -1202 0 231500 0 0 0 Mojtaba B Takallou Assoc Professor, Engineering 154345 0 0 0 63366 0 18253 0 17956 0 253920 0 0 0 Nick Carlin-Voigt Head Men's Soccer coach 148000 0 47620 0 15074 0 15212 0 20320 0 246226 0 0 0 Casey R Shillam Dean - School of Nursing 206537 0 0 0 960 0 15202 0 20398 0 243097 0 0 0 John L Watzke Dean - School of Education 203703 0 0 0 2850 0 14991 0 20518 0 242062 0 0 0 Michelle A French Head Women's Soccer coach 161534 0 30692 0 11632 0 14342 0 7402 0 225602 0 0 0 Brian J Adams Professor, Finance 203627 0 0 0 150 0 15369 0 16357 0 235503 0 0 0 Rev Mark Poorman CSC President, former 195700 0 0 0 0 0 0 0 15356 0 211056 0 0 0 Gary L Malecha Dean, School of Business, interim (Key employee) 90000 0 0 0 84658 0 3300 0 5896 0 183854 0 0 0 John Donato CSC VP for Student Affairs 165441 0 0 0 0 0 0 0 15356 0 180797 0 0 0 Terry Porter Head Men's Basketball coach, former 158660 0 0 0 1646 0 0 0 167 0 160473 0 0 0 Sandy S Chung VP for Human Resources (Officer) 34897 0 0 0 90042 0 0 0 0 0 124939 0 0 0 Rev Charles F McCoy CSC Assoc Professor, Mathematics 76417 0 0 0 0 0 0 0 15356 0 91773 0 0 0 Norah A Martin Dean, College of Arts & Sciences, interim (Key employee) 145605 0 0 0 1178 0 11127 0 14526 0 172436 0 0 0 Schedule J, Part I, Line 1a First class travel is allowed only for flights exceeding eight hours and with officer approval per written policy. Reimbursement for companion travel are only allowed with a bona fide business purpose and approval of an officer. University residences on campus are provided to University employees who are required to be available on campus at all hours. These residences include basic housekeeping services. Social/business association memberships are provided in limited circumstances with officer approval when required for development activities per written policy. While the University does not directly indemnify any individual with respect to taxes, it has in some circumstances increased employee salaries in amount that may offset a portion of the employee's taxable benefit, concurrent with the provision of those benefits. Schedule J, Part I, Line 4 Severance payments were made to former Provost, Thomas Greene; former VP for Financial Affair, Thomas Greene; and former VP for Human Resources, Sandy S Chung; Schedule J, Part II In reference to Schedule J, Part 1, Line 4, the severance payments were included in the reporting of other reported compensation in (B)(iii). A State of Oregon-Oregon Facilities Authority 936001787 00068608J 2015-05-20 69645000 0 0 0 A 0 0 75168482 0 0 0 606991 0 0 25051346 49510145 0 2016 0 1 0 1 A 0 0 0 0 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 1 A 1 Schedule K, Part I, Column f-05/20/2015 69,645,000 State of Oregon Oregon Facilities Authority Purpose of the bond includes $25,000,000 for building projects; $658,337 for bond issuance costs; $49,510,145 to refund bond issued in 2007, which included a bond premium of $5,523,482. Schedule K, Part IV, Line 2c-05/20/2015 69,645,000 State of Oregon Oregon Facilities Authority The University contracted with an independent consultant in May 2020 to perform arbitrage calculations, who determined that no arbitrage exists. Ralph Miller Regent trustee Fund for student investment X 250000 210321 0 0 1 Michele French Employee Home loan program X 15000 3250 0 0 1 213571 Walter E Nelson Company Business Owner 214265 Industrial/Custodial supplies 0 Schedule L, Part II A loan of $250,000 was provided to the student's University of Portland Investment Association for purposes of investing/trading in equities, bonds and certain derivatives. This was established for the educational purpose of providing reality-based experience in investing and financial reporting to students at the University of Portland. Any loss exposure is assumed by the donor, limited to $250,000. X 16 419440 Market quote X Gift certificates 1 2500 Retail price X Household item 1 80 Retail value X Clothings, jackets, sweatshirts 249 11562 Retail value 3 0 1 1 Schedule M, Part I, Line 32b The University periodically uses realtors or auction houses to assist in the disposal of gifted real property. The University also uses licensed broker to sell gift of marketable securities. Form 990, Header, Line A The University submitted Form 8868 to request an automatic six-month extension of our filing deadline to May 15, 2023. The request was approved. Form 990, Part VI, Section A, Line 7a The Bylaws grant the Congregation of Holy Cross the right to appoint up to nine board members. Form 990, Part VI, Section B, Line 11b The Audit Subcommittee reviewed and approved the filing, which was subsequently made available to the entire Board of Regents at their next regular meeting. A summary of Schedule B rather than the full schedule was distributed to the Board of Regents and Audit Subcommittee to maintain donor confidentiality. Form 990, Part VI, Section B, Line 15 The salaries of all officers and key employees are reviewed by the Audit subcommittee of the Board of Regents annually, most recently in April 2021. All salaries, except the Men's basketball coach, are compared to College & University Personnel Association) benchmarks, 990 data from comparable institutions, and internal compensation history for the position. Salaries for the Men's basketball head coach and the VP for Athletics are compared with the counterparts salaries of teams in the West Coast Conference and internal compensation history for the position. Form 990, Part VI, Section C, Line 19 University's financial statements are available on https://www.up.edu/controller/resources/index.html. Governing documents are available to the public upon request. Form 990, Part XI, Line 9 Rounding Northwest Academic Computing Consortium Inc 3203 SE Woodstock Blvd Suite 326 Portland OR 97202 841172799 Foster academic technology OR 501(c)(3) 11 Type I N/A 0 Friends of Saturday Academy 5000 N Willamette Blvd Portland OR 97203 203770321 Education OR 501(c)(3) 9 University of Portland 1 Charitable remainder trust (9) 5000 N Willamette Blvd Portland OR 97203 Charitable trust OR N/A T 1 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 0 0 Friends of Saturday Academy j 0 Per contract and agreement Schedule R, Part V, Line 1c The University offered a rent suspension from the Saturday Academy during the year as the COVID-19 pandemic continued, despite an original plan to resume the collection in the current year. The rent collection is now scheduled to resume in the next fiscal year.