2023-07-17T16:15:16-05:00 2022-08-31 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2021-09-01 410684657 NORTHWESTERN HEALTH SCIENCES UNIVERSITY NORT 9528884777 2501 WEST 84TH STREET BLOOMINGTON MN 554311599 MICHELLE HEGARTY CHIEF FINANCIAL OFFICER 9528884777 2023-07-12 1 MICHELLE HEGARTY 999009999 SARAH HINTZ P00492291 3037795710 2023-07-11 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DR DEBORAH J BUSHWAY 2501 WEST 84TH STREET BLOOMINGTON MN 554311599 38686205 0 X WWW.NWHEALTH.EDU X 1942 MN PREPARE PROFESSIONALS AND LEADERS TO BECOME CONTRIBUTORS TO THE ADVANCEMENT OF HEALTH CARE. 15 14 544 14 0 0 4678334 1255123 28750517 29204953 235913 763999 620111 591054 34284875 31815129 2696109 2005598 0 0 20571832 20370297 0 0 481205 8820904 10402568 32088845 32778463 2196030 -963334 39341448 34976239 10141897 9454415 29199551 25521824 X NORTHWESTERN HEALTH SCIENCES UNIVERSITY PREPARES AND SERVES THE NEXT GENERATION OF PROFESSIONALS AND LEADERS TO BECOME VITAL CONTRIBUTORS TO THE DELIVERY AND ADVANCEMENT OF HEALTH CARE. OUR MISSION IS ACCOMPLISHED THROUGH EDUCATIONAL EXCELLENCE, INNOVATIVE RESEARCH, EVIDENCE-INFORMED PATIENT-CENTERED CARE, PUBLIC HEALTH ADVOCACY AND COLLABORATIVE COMMUNITY ENGAGEMENT. 0 0 21544011 2005598 27554160 CORE PROGRAM - THE UNIVERSITY'S ACCREDITED CHIROPRACTIC, ACUPUNCTURE & CHINESE MEDICINE, MASSAGE THERAPY, NUTRITION AND UNDERGRADUATE PROGRAMS PROVIDE INSTRUCTION AND CLINICAL EXPERIENCE TO STUDENTS, LEADING TO A DEGREE AND/OR PROFESSIONAL CERTIFICATE.FALL 2021 ENROLLMENT PER PROGRAM (NUMBER OF STUDENTS):CHIROPRACTIC - 625; ACUPUNCTURE AND CHINESE MEDICINE - 105; MASSAGE THERAPY - 69; NUTRITION - 3 UNDERGRADUATE - 185, ALLIED HEALTH - 133. 3646808 0 1650793 CLINICAL - THE CLINICS PROVIDE CHIROPRACTIC, ACUPUNCTURE, MASSAGE THERAPY AND PHYSICAL THERAPY TREATMENTS TO STUDENTS, EMPLOYEES AND THE PUBLIC. STUDENTS OBTAIN EXPERIENCE THROUGH CLINICAL SERVICE. THE UNIVERSITY ALSO PROVIDES THESE SERVICES AT SEVERAL COMMUNITY CLINICS.NUMBER OF STUDENTS IN THE ON-SITE CLINICS - 710NUMBER OF PATIENT VISITS - 1,921 590822 0 511286 AUXILIARY - THE BOOKSTORE'S PRIMARY PURPOSE IS TO PROVIDE EDUCATIONAL MATERIALS FOR STUDENTS, BUT IS OPEN TO THE GENERAL PUBLIC AS WELL. 25781641 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1460 0 1 544 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X MICHELLE HEGARTY 9527774336 2501 WEST 84TH STREET BLOOMINGTON MN 554311599 DEBORAH BUSHWAY PRESIDENT 40.00 0.00 X X 372001 0 60501 KEITH JOHNSON CHAIR 2.00 0.00 X X 0 0 0 TAMERA TAYLOR VICE CHAIR 2.00 0.00 X X 0 0 0 LORI LAUBER SECRETARY 2.00 0.00 X X 0 0 0 RANDY EKEN TRUSTEE 2.00 0.00 X 0 0 0 MARK GARNETT TRUSTEE 2.00 0.00 X 0 0 0 MOLLY MAGNANI TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL OFFERMAN TRUSTEE 2.00 0.00 X 0 0 0 NICHOLE VANECEK TRUSTEE 2.00 0.00 X 0 0 0 DESIREE WHITNEY TRUSTEE 2.00 0.00 X 0 0 0 BRENT WILDE TRUSTEE 2.00 0.00 X 0 0 0 N WALTER GRAFF TRUSTEE 2.00 0.00 X 0 0 0 IRVIN HOLTZ TRUSTEE 2.00 0.00 X 0 0 0 DAVID PETERSON TRUSTEE 2.00 0.00 X 0 0 0 DAVID TAYLOR TRUSTEE 2.00 0.00 X 0 0 0 JACQUELINE FARR CFO 40.00 0.00 X 185543 0 32041 MICHAEL TENNISON VP CLINIC ADMINISTRATION 40.00 0.00 X 226478 0 43928 KIMBERLY PEARCE CHIEF ACADEMIC OFFICER 40.00 0.00 X 179925 0 38718 CORY MILLER VP OF INFO TECHNOLOGY 40.00 0.00 X 176804 0 25670 MARY GALE VP OF HR 40.00 0.00 X 159026 0 33990 KATHLEEN HAGENS VP OF MARKETING 40.00 0.00 X 155986 0 19150 1455763 0 253998 31 0 1 0 GUNDERSON CONSTRUCTION INC 1760 COMMERCE COURT WHITE BEAR LAKE MN 55110 CONSTRUCTION 1309234 PINNACLE ROOFING SYSTEMS 7780 STATE HIGHWAY 55 ROCKFORD MN 55373 CONSTRUCTION 196033 BUILDING RESTORATION CORPORATION 1920 OAKCREST AVE SUITE 1 ROSEVILLE MN 55113 CONSTRUCTION 146773 DYVIG DRIVER DEVINE INC 401 N 3RD ST SUITE 480 MINNEAPOLIS MN 55401 MARKETING CONSULTANT 145570 RH STRATEGIC 1301 K STREET NW SUITE 220 WEST WASHINGTON DC 20005 PUBLIC RELATIONS CONSULTANT 133675 9 555401 699722 1255123 TUITION AND FEES 611310 27554160 27554160 CLINICAL LAB FEES 621500 1477306 1477306 WELLNESS SERVICES 621500 173487 173487 29204953 359477 359477 6358161 5953639 404522 404522 404522 1428723 917437 511286 511286 MISCELLANEOUS REVENUE 900099 79768 79768 79768 31815129 29716239 0 843767 1321385 1321385 684213 684213 671217 671217 15772408 13650384 1892889 229135 547148 473207 67897 6044 2224137 1917338 297315 9484 1155387 995539 141648 18200 46492 994 45498 105188 105188 128429 128429 1163080 604100 527293 31687 1121001 144684 913794 62523 1295721 931383 349742 14596 1660215 1489442 122549 48224 122599 122599 1754441 1548979 181727 23735 199856 139876 48026 11954 252845 163471 89374 161745 161745 1379087 1153420 207864 17803 338759 338759 CLINIC PATIENT EXPENSES 259294 190347 68947 DUES AND MEMBERSHIPS 145609 97283 44421 3905 RECRUITMENT & TRAINING 131914 52627 76496 2791 STUDENT SENATE GRANTS 99324 99324 36969 1046 34799 1124 32778463 25781641 6515617 481205 804717 535566 2192900 0 66250 112786 349602 193401 516979 490847 723324 893358 33675197 16770650 16319889 16904547 16636880 14550407 102057 103435 1628850 1191892 39341448 34976239 2838934 2339864 256105 210981 4409829 4905551 2637029 1998019 10141897 9454415 X 23976493 20550907 5223058 4970917 29199551 25521824 39341448 34976239 X -963334 -2713016 -1377 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 16460885 117916 -2059264 86000 14433537 9315409 5276420 1929556 60500 16460885 8315630 100 1038179 38500 9315409 7801477 401499 190118 77464 8315630 7395548 500 519613 114184 7801477 0.80142 0.17264 0.02594 0 0 764739 764739 25399738 12158286 13241452 401356 141612 259744 6911052 4470752 2440300 198312 198312 16904547 FEDERAL CAPITAL CONTRIBUTION - PERKINS 1788977 ASSET RETIREMENT OBLIGATION 209042 1998019 X 27884146 -2713016 -2006975 -4719991 32604137 128429 -917437 -789008 31815129 31561873 917437 917437 30644436 128429 2005598 2134027 32778463 PART V, LINE 4: THE ENDOWMENT IS USED TO FUND VARIOUS SCHOLARSHIPS, PROGRAMS AND ENDOWED CHAIRS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) AND IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY IS ALSO EXEMPT FROM MINNESOTA TAXES UNDER MINNESOTA STATUTE CHAPTER 290.05. TAX-EXEMPT ORGANIZATIONS ARE SUBJECT TO FEDERAL AND MINNESOTA TAXES ON UNRELATED BUSINESS INCOME. THE UNIVERSITY FOLLOWS A POLICY THAT CLARIFIED THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATIONS CONSOLIDATED FINANCIAL STATEMENTS. THE POLICY PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PRINCIPLES FOR THE CONSOLIDATED FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE APPLICATION OF THIS POLICY HAD NO IMPACT ON THE UNIVERSITY'S CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS -2,005,598. CHANGE IN VALUE OF LIFE INSURANCE -1,377. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -917,437. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 917,437. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS 2,005,598. 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 NONDISCRIMINATORY POLICY IS PUBLISHED ON THE WEBSITE AND IN THE STUDENT HANDBOOK. THE EMPLOYEE POLICY CAN BE FOUND ONLINE IN THE HR CONNECTION. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY'S STUDENTS RECEIVE FEDERAL FUNDING INCLUDING PELL GRANTS, STAFFORD LOANS AND FEDERAL AND STATE G.I. BILL FUNDS. THE UNIVERSITY ALSO ADMINISTERS CAMPUS-BASED FEDERAL FINANCIAL AID PROGRAMS, INCLUDING PERKINS LOANS, SEOG GRANTS AND THE FEDERAL WORK STUDY PROGRAM. 0 SOUTH ASIA 0 0 PROGRAM SERVICES GRANTS FOR TUITION 3000 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES GRANTS FOR TUITION 9500 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGAM SERVICES GRANTS FOR TUITION 671713 0 0 0 0 0 0 684213 0 684213 TUITION SCHOLARSHIP NORTH AMERICA (NON US) 57 671713 STUDENT ACCOUNT N/A N/A TUITION SCHOLARSHIP EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 4 9500 STUDENT ACCOUNT N/A N/A TUITION SCHOLARSHIP SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 1 3000 STUDENT ACCOUNT N/A N/A 0 0 0 0 0 0 PART I, LINE 2: STUDENT FINANCIAL AID IS PROCESSED UNDER INDIVIDUAL GRANT FUNDS WITHIN OUR ACCOUNTING SYSTEM, AND THE STUDENT FINANCIAL AID IS ALSO PROCESSED UNDER EACH INDIVIDUAL STUDENT ACCOUNT. THIS APPROACH TO RECORD FINANCIAL AID BY FUND AND BY STUDENT ACCOUNT, PROVIDES A DETAILED RECORD OF HOW THE FUNDS ARE SPENT ACCORDING TO DONOR AND GOVERNMENTAL REQUIREMENTS. THE FINANCIAL AID OFFICE MONITORS STUDENT ACCOUNT ACTIVITY TO VERIFY THE STUDENT'S ENROLLMENT AND USE OF THE FUNDS ACCORDING TO THE GRANT REQUIREMENTS. THESE GRANTS ARE FOR INTERNATIONAL STUDENTS THAT ARE ATTENDING NWHSU. THE GRANTS ARE AWARDED THROUGH THE FINANCIAL AID OFFICE AND ARE APPLIED AGAINST THE STUDENTS ACCOUNTS. PART I, LINE 3: THE UNIVERSITY USES THE ACCRUAL METHOD OF ACCOUNTING TO REPORT EXPENDITURES ON SCHEDULE F. PART III ACCOUNTING METHOD: 1 SCHOLARSHIPS AND TUITION DISCOUNTS 441 1321385 N/A N/A PART I, LINE 2: THE ADMISSIONS DEPT. ORIGINATES MERIT AWARDS AND DISCOVERY DAY DISCOUNTS FOR NEW STUDENTS, AND THE OFFICE OF DIVERSITY AWARDS THE DIVERSITY SCHOLARSHIPS. FINANCIAL AID WORKS WITH A SCHOLARSHIP COMM. TO EVALUATE APPLICATIONS AND SELECT RECIPIENTS FOR OTHER INSTITUTIONAL SCHOLARSHIPS. NOTICES OF AVAILABLE INSTITUTIONAL SCHOLARSHIPS ARE POSTED OUTSIDE THE FINANCIAL AID OFFICE AS WELL AS VARIOUS INTERNAL PUBLICATIONS AND ON THE UNIVERSITY WEBSITE. RECORDS ARE MAINT. IN THE FINANCIAL AID OFFICE, AND ALL AWARDS AND DISCOUNTS ARE POSTED TO STUDENT ACCOUNTS THROUGH FINANCIAL AID. X 0 1 0 0 0 0 0 0 0 DEBORAH BUSHWAY PRESIDENT 346905 0 0 0 25096 0 34963 0 25538 0 432502 0 0 0 MICHAEL TENNISON VP CLINIC ADMINISTRATION 225990 0 0 0 488 0 11212 0 32716 0 270406 0 0 0 KIMBERLY PEARCE CHIEF ACADEMIC OFFICER 179128 0 0 0 797 0 8851 0 29867 0 218643 0 0 0 JACQUELINE FARR CFO 184600 0 0 0 943 0 12319 0 19722 0 217584 0 0 0 CORY MILLER VP OF INFO TECHNOLOGY 175928 0 0 0 876 0 8525 0 17145 0 202474 0 0 0 MARY GALE VP OF HR 158030 0 0 0 996 0 7819 0 26171 0 193016 0 0 0 KATHLEEN HAGENS VP OF MARKETING 154077 0 0 0 1909 0 7507 0 11643 0 175136 0 0 0 PART I, LINE 4B DEBORAH BUSHWAY PARTICIPATED IN A 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN - $19,154 FORM 990, PART VI, SECTION A, LINE 1A THE CHAIR OF THE BOARD SHALL BE THE CHAIR OF THE EXECUTIVE COMMITTEE. THE VICE CHAIR OF THE BOARD, THE SECRETARY, AND THE CHAIR OF EACH STANDING COMMITTEE OF THE BOARD SHALL BE MEMBERS OF THE EXECUTIVE COMMITTEE. THE BOARD MAY APPOINT THE IMMEDIATE PAST CHAIR OF THE BOARD AS A MEMBER OF THE EXECUTIVE COMMITTEE WITH HIS OR HER CONSENT. BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE SHALL HAVE GENERAL SUPERVISION OF THE ADMINISTRATION AND PROPERTY OF THE UNIVERSITY EXCEPT THAT UNLESS SPECIFICALLY EMPOWERED BY THE BOARD TO DO SO, IT MAY NOT TAKE ANY ACTION INCONSISTENT WITH A PRIOR ACT OF THE BOARD OF TRUSTEES, AWARD DEGREES, ALTER BYLAWS, LOCATE PERMANENT BUILDINGS ON TAX-EXEMPT PROPERTY HELD FOR UNIVERSITY PURPOSES, REMOVE OR APPOINT THE PRESIDENT OF THE UNIVERSITY, OR TAKE ANY ACTION WHICH HAS BEEN RESERVED FOR THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE, FACILITIES, AND AUDIT COMMITTEE OF THE BOARD REVIEW THE FORM 990 AND THEN RECOMMEND APPROVAL TO THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES ARE EACH PROVIDED A COPY OF THE FORM 990 AND APPROVE IT PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES AND OFFICERS OF THE UNIVERSITY ARE REQUIRED TO COMPLETE THE UNIVERSITY'S CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY BY SEPTEMBER 1ST. ALL DISCLOSURES REQUIRED UNDER THE CONFLICT OF INTEREST POLICY ARE REPORTED TO THE SECRETARY OF THE BOARD OF TRUSTEES WHO ALONG WITH THE UNIVERSITY'S LEGAL COUNSEL AND CHAIR WILL OVERSEE THE POLICY. INDIVIDUALS FOUND TO HAVE A CONFLICT MUST REFRAIN FROM PARTICIPATING IN CONSIDERATION OF THE PROPOSED TRANSACTION, UNLESS FOR SPECIAL REASONS THE BOARD OR ADMINISTRATION REQUESTS INFORMATION OR INTERPRETATION. THE CONFLICTED INDIVIDUAL DOES NOT VOTE AND IS NOT PRESENT AT THE TIME OF THE VOTE. ACTIONS ARE REFLECTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A THE UNIVERSITY'S EXECUTIVE COMMITTEE USED MARKET ANALYSIS CONDUCTED USING PROFESSIONAL COMPENSATION SURVEYS TO DETERMINE COMPENSATION FOR THE PRESIDENT. DOCUMENTATION IS INCLUDED IN THE BOARD MINUTES. THIS PROCESS WAS LAST CONDUCTED FOR THE PRESIDENT IN 2021. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS SET BY THE PRESIDENT AND VP OF HUMAN RESOURCES. COMPARABLE DATA COMES FROM VARIOUS PUBLISHED SALARY SURVEYS (CUPA, WATSON WYATT, ETC.). COMPARABLE DATA SOURCES MAY INCLUDE OTHER COLLEGES, UNIVERSITIES, HEALTH CARE PROVIDERS AND NON-PROFITS. MARKET PRICING IS DONE FOR EVERY POSITION BY AN OUTSIDE CONSULTING FIRM, MRA. THE HUMAN RESOURCES DEPT. MAINTAINS DETAILED RECORDS DOCUMENTING THE METHODOLOGY FOR SETTING COMPENSATION FOR EACH POSITION. WITHIN THE MARKET RANGE FOR THE POSITION, INDIVIDUAL COMPENSATION IS SET BASED ON EXPERIENCE AND EDUCATION. THIS PROCESS WAS LAST CONDUCTED FOR ALL POSITIONS IN JANUARY 2023. 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: CHANGE IN VALUE OF LIFE INSURANCE -1,377. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED DURING THE TAX YEAR. WORKSITERIGHT LLC 2501 W 84TH STREET BLOOMINGTON MN 55431 832383153 PROVIDE WORKSITE WELLNESS SERVICES TO VARIOUS BUSINESSES THROUGH WELLNESS CO MN 163660 0 NORTHWESTERN HEALTH SCIENCES UNIVERSITY SWEERE CLINIC LLC 2501 W 84TH STREET BLOOMINGTON MN 55431 850537983 PROVIDE CHIROPRACTIC CARE TO THE PUBLIC MN 267053 74546 NORTHWESTERN HEALTH SCIENCES UNIVERSITY NWHSU AMERICA LLC 2501 W 84TH STREET BLOOMINGTON MN 55431 871500417 SUPPORT THE PROGRAMS AND MISSION OF NORTHWESTERN HEALTH SCIENCES UNIVERSITY MN 0 0 NORTHWESTERN HEALTH SCIENCES UNIVERSITY