2025-05-02T17:06:38-07:00 2024-06-30 990 2023-07-01 930401259 UNIVERSITY OF PORTLAND UNIV 5039437337 5000 N Willamette Blvd Portland OR 972035798 Eric Barger V.P. for Financial Affairs 5039437507 2025-05-02 1 2023 2025-03-06 01:10:19Z Dr Robert Kelly 5000 N Willamette Blvd Portland OR 97203 274468009 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. 44 42 2594 43 379944 211714 20609810 20675649 216912412 209422997 2583403 9091474 32212 3854781 240137837 243044901 101163228 104796457 0 0 85759941 85717264 0 0 2147867 59558784 59599165 246481953 250112886 -6344116 -7067985 708730845 718823741 106819476 104345881 601911369 614477860 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 162937573 99407370 182713072 Post-secondary Education: The primary mission of the University of Portland is education. 3,442 undergraduate and graduate students were enrolled in 2023/2024 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. 61303408 3923327 23467678 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 224240981 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 1 403 0 1 2594 1 1 1 1 AU 0 0 0 1 1 0 0 0 0 0 0 X 44 42 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 Legans Coach, Men's Basketball 40 0 X 628423 0 52222 Robert D Kelly President 40 0 X X 536665 0 54184 Casey Shillam Dean, School of Nursing, former 40 0 X 433581 0 20074 Eric Barger VP for Financial Affairs 40 0 X 291623 0 42176 Michael DeVaughn Dean, School of Business 40 0 X 287439 0 34098 Scott Leykam VP for Athletics 40 0 X 273142 0 41237 Gregory Naleski VP for University Relations 40 0 X 256536 0 41868 Brian Fabien Dean, School of Engineering 40 0 X 254781 0 31198 Nick Carlin-Voigt Coach, Men's Soccer 40 0 X 246496 0 39327 Michael Meek Coach, Women's Basketball 40 0 X 230978 0 40220 Valerie Banschbach Dean, College of Arts & Sciences 40 0 X 221756 0 37963 Michael Lewellen VP for Marketing/Communications 40 0 X 231124 0 20354 Michelle French Coach, Women's Soccer 40 0 X 230194 0 20916 John Watzke Dean, School of Education 40 0 X 208498 0 40728 Dana Lopez VP for Human Resources 40 0 X 194635 0 41088 Elise Moentmann Vice Provost, fmr interim Provost 40 0 X 207862 0 19408 Arjun Chatrath Professor 40 0 X 186942 0 18580 John Donato VP for Student Affairs 40 0 X 180082 0 17159 David Mengel Provost 40 0 X 169858 0 21331 Mai Nhia Xiong-Chan VP for Enrollment Management 40 0 X 110821 0 16306 Herbert Medina Provost, fmr 40 0 X 107078 0 9342 Edwin Obermiller VP for University Relations, interim, frm 40 0 X 66378 0 11359 Charles McCoy Professor, fmr Regent 40 0 X 60836 0 11051 Thomas D Arndorfer Regent 1 0 X 0 0 0 Kristen D Backeberg Regent 1 0 X 0 0 0 Richard S Baek Regent 1 0 X 0 0 0 Rev E William Beauchamp CSC Regent 1 0 X 0 0 0 Patrick E Becker Jr Regent 1 0 X 0 0 0 James J Berchtold Regent 1 0 X 0 0 0 Mary R Boyle Regent 1 0 X 0 0 0 Nancy K Bryant Regent 1 0 X 0 0 0 Annie T Buell Regent 1 0 X 0 0 0 Janice L Burger Regent 1 0 X 0 0 0 Cheryl L Cebula Regent 1 0 X 0 0 0 Kevin M Cooper Regent 1 0 X 0 0 0 Christina M Doerfler Regent 1 0 X 0 0 0 Elizabeth Dolly Duffy Regent 1 0 X 0 0 0 Rev James K Foster CSC Regent 1 0 X 0 0 0 Mark B Ganz Regent 1 0 X 0 0 0 Jennifer Graves Regent 1 0 X 0 0 0 Rev David L Guffey CSC Regent 1 0 X 0 0 0 Paul G Henningsen Jr Regent 1 0 X 0 0 0 Tom Hoban Regent 1 0 X 0 0 0 Rev Peter A Jarret CSC Regent 1 0 X 0 0 0 Patricia K Johnson Regent 1 0 X 0 0 0 Fred H Jonske Regent 1 0 X 0 0 0 Kasey C Keller Regent 1 0 X 0 0 0 Patrick H Kessi Regent 1 0 X 0 0 0 Rev William M Lies CSC Regent 1 0 X 0 0 0 Rev Robert J Loughery CSC Regent 1 0 X 0 0 0 Rev Edward A Malloy CSC Regent 1 0 X 0 0 0 John S Marick Regent 1 0 X 0 0 0 Timothy J Morgan Regent 1 0 X 0 0 0 Monica Names-King Regent 1 0 X 0 0 0 Michael E Nelson Regent 1 0 X 0 0 0 Dr Silvia E Plascencia Regent 1 0 X 0 0 0 James T Price Sr Regent 1 0 X 0 0 0 Rev Patrick E Reidy CSC Regent 1 0 X 0 0 0 Larree M Renda Regent 1 0 X 0 0 0 Don V Romanaggi MD Regent 1 0 X 0 0 0 Stephen L Shepard Regent 1 0 X 0 0 0 Darlene V Shiley Regent 1 0 X 0 0 0 Kay Dean Toran Regent 1 0 X 0 0 0 Darryl P Wong Regent 1 0 X 0 0 0 Jennifer R Williams Regent 1 0 X 0 0 0 Edwin A Sweo Regent 1 0 X 0 0 0 5615728 0 682189 152 1 1 0 Skanska USA 1010 NW Flanders St Unit 500 Portland OR 97209 Construction and Development 23612791 Kaiser Foundation Health Plan PO Box 34178 Seattle WA 98124 Health Insurance Plan 8700719 Bon Appetit Management Co 201 Redwood Shores Parkway Suite 10 Redwood Shores CA 94065 Food Service 8509994 Lease Crutcher Lewis 550 SW 12th Avenue Portland OR 972053427 General contractor 5716726 Portland General Electric PO Box 3340 Portland OR 97208 Utilities - Electricity 1804627 79 0 0 51007 0 1465945 19158697 689043 20675649 Tuition and Fees 611310 182713072 182713072 0 0 Room and Board 611310 23467678 23467678 0 0 Athletics 611310 2464932 2086011 378921 0 777315 777315 0 0 209422997 2675295 0 83 2675212 0 0 0 0 10348 10348 0 0 50402 0 0 0 50402 0 50402 0 0 50402 37810932 5500 31400253 0 6410679 5500 6416179 6416179 0 0 41100 51007 22855 18245 0 18245 3775786 0 940 3774846 3775786 243044901 215470603 379944 6518705 76112 76112 104720345 104720345 0 0 0 0 3894959 1467695 2427264 0 0 0 0 0 61341977 53094852 7109849 1137276 2365923 1978799 345879 41245 12157497 10168227 1777328 211942 5956908 4982209 870852 103847 0 0 0 0 420577 6595 412019 1963 107230 0 107230 0 0 0 0 0 0 0 24502 0 24502 0 17381446 14319762 2957289 104395 915739 385877 457581 72281 3221895 2156665 998185 67045 2439170 2338287 0 100883 6660 4654 2006 0 4916529 4588571 295493 32465 4715848 4518209 175304 22335 0 0 0 0 3473194 2143994 1086561 242639 2571431 2463242 108189 0 0 0 0 0 12880783 12160976 719807 0 2268463 208980 2059483 0 Unrelated Business Income Tax 44460 0 44460 0 Student Health Insurance 1761799 77012 1684787 0 Books and periodicals 1416350 1416350 0 0 1033089 963568 59970 9551 250112886 224240981 23724038 2147867 1502382 1944895 12287197 6837078 17578399 19437714 1711534 3394097 30593 26950 0 0 3827198 4382071 0 0 407884 318998 534971390 160129769 354441285 374841621 22859989 5934196 291735611 299690741 0 0 0 0 2348773 2015380 708730845 718823741 16537022 13897227 0 0 7631341 10095650 72470584 72254998 0 0 229325 0 0 0 0 0 9951204 8098006 106819476 104345881 X 297358659 302476980 304552710 312000880 601911369 614477860 708730845 718823741 -7067985 19634476 0 0 0 0 X 0 1 X 1 1 1 X 5113000 8356000 11813059 18857272 20675649 64814980 0 0 0 0 0 0 0 0 0 0 0 0 5113000 8356000 11813059 18857272 20675649 64814980 12153808 52661172 697000 1586000 2615893 1787116 2736046 9422055 15150 56346 79069 42466 211714 404745 5331000 4058000 5444634 6517351 3824208 25175193 99816973 1070503371 0.52758 0.55486 X Schedule A, Part II, Line 10 Other income includes income from conference facility rentals, bookstore leasing, gains (losses) from exchange rates, and loan collections. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 300892487 8815342 27590342 7521928 6147503 0 323628740 298970872 10341365 3448608 7454791 4413567 0 300892487 322405863 5522642 -22285849 4636493 2035291 0 298970872 217583130 3016001 109134610 4352636 2975242 0 322405863 209126764 2813552 13881110 4045903 4192393 0 217583130 0.1411 0.8589 0 1 0 17984885 0 17984885 381234014 0 89960598 291273416 0 0 0 0 72355389 0 49142183 23213206 63397102 0 21026988 42370114 374841621 0 0 Private Equity Investments 37295 F Beneficial interest in assets held by others 299335567 F Cash surrender value of life insurance 317879 F 299690741 0 US Government Loan Advances 1500636 Annuities Payable 2102370 Nontax-exempt bond liabilities 4495000 8098006 X 159671285 19634476 299751 0 22855 19957082 139714203 0 103330698 103330698 243044901 147104794 299751 0 0 22855 322606 146782188 0 103330698 103330698 250112886 Schedule D, Part V, Line 4 The endowment supports a wide spectrum of campus life including student scholarship, faculty development efforts, the library, and a variety of other academic and student service programs. Schedule D, Part X, Line 2 The University recognizes interest accrued and penalties related to unrecognized tax benefits in administrative expenses. During the years ended June 30, 2024 and 2023, the University recognized no interest and penalties. There were no recognized tax benefits at June 30, 2024 and 2023. The University has no uncertain tax position requiring accrual. Schedule D, Part XI, Line 2d Other reconciling items represent the fundraising expense reported on Part VIII and rounding Schedule D, Part XI, Line 4b Scholarship was included in the University's financial statement as contra-revenue. The amount is treated as expense in the 990. Schedule D, Part XII, Line 2d Other reconciling items represent the fundraising expense included in Part VII and rounding Schedule D, Part XII, Line 4b Scholarship was included in the University's financial statement as contra-revenue. The amount is treated as expense in the 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 the University's web site, and in public communication 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 Grant, Academic Competitiveness Grant, SMART Grants, Supplementary Education Opportunity Grants, and Oregon Opportunity Grants. East Asia and the Pacific 0 0 Program Services Study abroad programming for students 127032 Europe (including Iceland and Greenland) 1 3 Program Services Study abroad programming for students 2904751 North America (including Canada and Mexico, but not the United States) 1 0 Program Services Study abroad programming for students 88318 2 3 3120101 1 0 1 1 1 0 Pilot Invitational 92107 51007 41100 0 1600 19662 1269 0 324 0 0 92107 51007 41100 0 1600 19662 1269 0 324 22855 18245 0 Scholarship from institutional match of government funds for tuition, fees, and room & board 3532 90744874 0 Scholarships from annual donations for tuition, fees, and room & board 318 1280605 0 Scholarships from endowed donations for tuition, fees, and room & board 757 7033524 0 Scholarships from institutional match of government funds for tuition, fees, and room & board 328 348368 0 Grants for cost of attendance. 180 1109777 0 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, fees, and room and board. Any remaining credit is refunded to students via check or direct deposit for use in purchasing books, food, and/or housing. Contributions to exempt organizations that further the University's exempt purposes require approval of a Vice President X X X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Shantay Legans Coach, Men's Basketball 604941 0 20400 0 8160 0 24879 0 22265 0 680645 0 0 0 Robert D Kelly President 500000 0 0 0 38927 0 26350 0 25572 0 590849 0 0 0 Casey Shillam Dean, School of Nursing, former 157520 0 0 0 278392 0 6595 0 11148 0 453655 0 0 0 Eric Barger VP for Financial Affairs 296111 0 0 0 780 0 14806 0 22102 0 333799 0 0 0 Michael DeVaughn Dean, School of Business 289606 0 0 0 1732 0 14480 0 15718 0 321536 0 0 0 Scott Leykam VP for Athletics 250220 0 10000 0 18860 0 13011 0 22288 0 314379 0 0 0 Gregory Naleski VP for University Relations 240007 0 0 0 24319 0 11444 0 22635 0 298405 0 0 0 Brian Fabien Dean, School of Engineering 256538 0 0 0 780 0 12827 0 15834 0 285979 0 0 0 Nick Carlin-Voigt Coach, Men's Soccer 180000 0 61200 0 10114 0 12131 0 22288 0 285733 0 0 0 Michael Meek Coach, Women's Basketball 175000 0 61320 0 960 0 11816 0 22102 0 271198 0 0 0 Valerie Banschbach Dean, College of Arts & Sciences 221815 0 0 0 4609 0 11091 0 22204 0 259719 0 0 0 Michael Lewellen VP for Marketing/Communications 224472 0 0 0 7700 0 11224 0 8083 0 251479 0 0 0 Michelle French Coach, Women's Soccer 169711 0 58953 0 2861 0 11433 0 8152 0 251110 0 0 0 John Watzke Dean, School of Education 215388 0 0 0 780 0 10769 0 22288 0 249225 0 0 0 Dana Lopez VP for Human Resources 200245 0 0 0 3150 0 10012 0 22316 0 235723 0 0 0 Elise Moentmann Vice Provost, fmr interim Provost 205530 0 0 0 3380 0 10277 0 8083 0 227270 0 0 0 Arjun Chatrath Professor 187966 0 0 0 0 0 9398 0 8157 0 205521 0 0 0 John Donato VP for Student Affairs 180082 0 0 0 0 0 9004 0 8154 0 197240 0 0 0 David Mengel Provost 151000 0 0 0 21267 0 7550 0 11372 0 191189 0 0 0 Mai Nhia Xiong-Chan VP for Enrollment Management 92065 0 0 0 21124 0 4603 0 9335 0 127127 0 0 0 Herbert Medina Provost, fmr 107897 0 0 0 72 0 3164 0 5287 0 116420 0 0 0 Edwin Obermiller VP for University Relations, interim, frm 66379 0 0 0 0 0 3319 0 8040 0 77738 0 0 0 Charles McCoy Professor, fmr Regent 60836 0 0 0 0 0 3042 0 8009 0 71887 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. Housekeeping services are provided to the President's house due to it being used for fundraising and events. 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. 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. Valerie Banschbach Key employee Home loan program for employee X 18000 13500 0 0 1 Dana Lopez Officer Home loan program for employee X 15000 11964 0 0 1 Michelle French Coach, Woman's Soccer Home Loan Program X 15000 1486 0 0 1 26950 Walter E Nelson Company Business Owner 351687 Industrial and custodial supplies 0 X 10005 Retail Price X 27 619538 Market Quote X Engineering Lab Kit 7 59500 Retail Price 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 a licensed broker to sell gift or 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, 2025. The request was approved. Form 990, Part VI, Section A, Line 7a The Bylaws grant the Congregation of the 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. Schedule B is disclosed to the Board of Regents and the Audit Subcommittee if the aggregated donation over a threshold calculated according to the instructions of Schedule B. Donor's information is excluded from disclosure 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. All salaries, except the Men's Basketball Head 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 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 The University's financial statements are available on https://www.up.edu/controller/resources/index.html. Governing documents are available to the public upon request. 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 (8) 5000 N Willamette Blvd Portland OR 97203 Charitable trust OR N/A T 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 Friends of Saturday Academy l 0 Per contract and agreement Friends of Saturday Academy n 0 Per contract and agreement