2022-05-11T18:54:35-07:00 2021-06-30 990 2020-07-01 930401259 UNIVERSITY OF PORTLAND UNIV 5039437337 5000 N Willamette Blvd Portland OR 972035798 Eric Barger V.P. for Financial Affairs 5039437507 2022-04-15 1 11 1 AAL2 2020 2022-09-23 18:48:47Z Dr Herbert Medina 5000 N Willamette Blvd Portland OR 972035798 246973989 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. 45 30 2677 51 154350 56346 18629171 14546742 224190875 199289659 691037 1315580 15800 -6959152 243526883 208192829 94956726 93707301 0 0 86929120 83051883 0 0 1468941 54812432 48120418 236698278 224879602 6828605 -16686773 637956444 747421010 113587313 107540010 524369131 639881000 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 154542874 91178988 187504292 Post-secondary Education: The primary mission of the University of Portland is education. 4,000 undergraduate and graduate students were enrolled in 2019/2020 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. 44776600 2517859 10239092 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 199319474 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 1 1 1 1 0 0 0 1 1 1 0 0 1 361 0 1 2677 1 1 1 1 AU 0 0 0 1 1 0 0 0 0 0 0 X 45 30 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 1 1 0 OR X X Eric C Barger 5039437507 5000 N Willamette Blvd Portland OR 972035798 Mark L Poorman CSC President 40 0 X X 378000 0 120693 Terry Porter Head Men's Basketball Coach 40 0 X 458458 0 33042 Sandy S Chung VP for Human Resources 40 0 X 260767 0 39649 John L Watzke Dean - School of Education 40 0 X 197391 0 88094 Robin D Anderson Dean - School of Business 40 0 X 240570 0 29620 Scott R Leykam VP for Athletics 40 0 X 217587 0 39048 Michael A Meek Head Women's Baskbetball Coach 40 0 X 206943 0 40587 Richard D Gritta Professor Emeritus, Finance 40 0 X 221424 0 17264 Mojtaba B Takallou Associate Professor Engineering 40 0 X 198000 0 39360 J Bryce Strang VP for University Relations 40 0 X 203030 0 29322 Herbert A Medina Provost 40 0 X 206542 0 23471 Casey R Shillam Dean - School of Nursing 40 0 X 192032 0 37520 James B Ravelli VP for University Operations 40 0 X 202782 0 20120 Michelle A French Head Women's Soccer Coach 40 0 X 194664 0 22431 Michael Lewellen VP for Marketing & Communications 40 0 X 203268 0 7796 Thomas G Greene Provost 40 0 X 190699 0 17476 John J Donato CSC VP for Student Affairs 40 0 X 157302 0 45830 Alan P Timmins VP for Financial Affairs 40 0 X 182552 0 20158 Eric C Barger VP for Financial Affairs, Interim 40 0 X 159595 0 34562 Andrea M Barton VP and General Counsel 40 0 X 176049 0 13745 Gary L Malecha Dean - College of Business, Interim 40 0 X 153772 0 24980 Laura McLary Dean - College of Arts and Sciences, Interim 40 0 X 140721 0 25878 Brian Fabien Dean - School of Engineering 40 0 X 109538 0 10013 Charles F McCoy CSC Associate Professor Mathematics 40 0 X 70319 0 32274 Thomas D Arndorfer Trustee 1 0 X 0 0 0 Richard Baek 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 Duffy Trustee 1 0 X 0 0 0 Frank D Dulcich Trustee 1 0 X 0 0 0 James K Foster CSC Trustee 1 0 X 0 0 0 Mark B Ganz Trustee 1 0 X 0 0 0 Mike Golub Trustee 1 0 X 0 0 0 David L Guffey CSC 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 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 William Lies CSC Trustee 1 0 X 0 0 0 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 Michael E Nelson Trustee 1 0 X 0 0 0 Silva Plascencia Trustee 1 0 X 0 0 0 James T Price Trustee 1 0 X 0 0 0 Patrick E Reidy CSC Trustee 1 0 X 0 0 0 Larree M Renda Trustee 1 0 X 0 0 0 Don V Romanaggi Trustee 1 0 X 0 0 0 John Ryan CSC Trustee 1 0 X 0 0 0 Stephen L Shepard Trustee 1 0 X 0 0 0 Darlene 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 Jennifer R Williams Trustee 1 0 X 0 0 0 Darryl P Wong Trustee 1 0 X 0 0 0 4922005 0 812933 122 0 1 0 Keller North America 11180 E Marginal Way S Tukwila WA 981681943 Geotechnical Specialist contractor 7647740 Yorke & Curtis Inc 4480 SW 101st Ave Beaverton OR 97005 Construction 5679662 Bon Appetit Management Co 201 Redwood Shores Parkway Suite 10 Redwood Shores CA 94065 Food Service 4329065 Lease Crutcher Lewis 550 SW 12th Avenue Portland OR 972053427 General contractor 2785741 Opsis Architechure LLP 920 NW 17th Avenue Portland OR 972092318 Architect 1595224 55 0 0 62000 0 6080172 8404570 672054 14546742 Tuition and Fees 611310 187504292 187504292 0 0 Room and Board 611310 7729111 7729111 0 0 Athletics 611310 1546275 1396275 150000 0 2509981 2236718 5169 268094 199289659 385450 0 -819 386269 0 0 0 0 15411 0 0 15411 0 0 39687000 0 38756870 0 930130 0 930130 930130 0 0 5925 62000 24290 -18365 0 -18365 Prior year reclassification 611310 -6956198 -6956198 0 0 0 0 0 0 -6956198 208192829 192840328 154350 651409 10454 10454 93696847 93696847 4055303 1082534 2728068 244701 57012598 44004457 11928516 1079625 4753100 3490120 1168858 94122 11875394 6811104 5284169 -219879 5355488 3889497 1353355 112636 369888 369888 127156 127156 19695 19695 10981979 6187138 4774227 20614 1033745 312712 657906 63127 3925164 2432693 1484705 7766 2554364 171239 2333508 49617 10325 9376 949 5109189 957386 4151803 1382767 1303042 73385 6340 809407 470851 366284 -27728 3328394 3112426 215968 11734711 10427906 1306805 1205408 106667 1098741 Unrelated business income taxes 6311 0 6311 0 Allocation of Indirect Expenses 19578 14976675 -14993707 36610 5502337 5866350 -365403 1390 224879602 199319474 24091187 1468941 15196 15196 5528966 19173754 22380239 11381196 1547750 1110904 9250 6250 0 5716004 5049365 0 0 579025 610506 449735133 130339247 309950424 319395886 10211000 12177000 280375000 375540000 0 0 1643590 2960953 637956444 747421010 15275455 10332774 0 0 6339845 7303261 73629225 73397043 0 0 195988 251344 0 0 0 0 18146800 16255588 113587313 107540010 X 269874131 303596000 254495000 336285000 524369131 639881000 637956444 747421010 X -16686773 132198792 0 0 0 -150 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 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 160883798 3680541 19055762 3285450 2692494 0 177642157 0.15 0.85 0 1 0 17984885 0 17984885 303337210 0 73186153 230151057 0 0 0 0 64508343 0 38682011 25826332 63904695 0 18471083 45433612 319395886 0 0 Private Equity Investments 281000 F Beneficial interest in assets held by others 375259000 F 375540000 0 Annuities Payable 3365288 Advances from Federal Government for Student Loans 2242774 Taxable Bond Liabilities 10647526 16255588 X 247358052 132198792 229400 0 24321 132452513 114905539 48754 93238536 93287290 208192829 131846033 229400 0 0 24321 253721 131592312 48754 93238536 93287290 224879602 Schedule D, Part V, Line 3a(i) The University invests most of 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, 2021 and 2020, the University recognized no interest and penalties. There were no unrecognized tax benefits at June 30, 2021 or 2020, and the University has no uncertain tax positions requiring accrual. Schedule D, Part XI, Line 2d Other reconciling items represent fundraising expenses included in Part VIII ($24,321), and rounding. Schedule D, Part XI, Line 4b Scholarships of $93,238,536 are included in the University's financial statements 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 ($24,321), and rounding. Schedule D, Part XII, Line 4b Scholarships of $93,238,536 are included in the University's financial statements as contra-revenue. They are treated as expenses in the Form 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 all 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 aid programs: Pell Grants, Academic Competitiveness Grant, SMART Grants, Supplemental Educational Opportunity Grants, and Oregon Opportunity Grants. Europe (including Iceland and Greenland) 1 3 Program Services Study abroad programming 540853 North America (including Canada and Mexico, but not the United States) 0 2 Program Services Study abroad programming 51600 East Asia and the Pacific 0 1 Program Services Study abroad programming 3003 1 6 595456 1 0 1 1 1 0 Pilots Invitational 67925 62000 5925 0 824 20521 0 0 2946 0 0 67925 62000 5925 0 824 20521 0 0 2946 24291 -18366 1 Scholarships from institutional funds for tuition, fees, and room & board 3782 87932125 0 Scholarships from annual donations for tuition, fees, and room & board 630 1423321 0 Scholarships from endowed donations for tuition, fees, and room & board 720 3304928 Scholarships from institutional match of government funds for tuition, fees, and room & board 497 990836 Grants from HEERF 2012 1865768 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 the student via check or direct deposit for use in purchasing books, housing, food, 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 1 0 0 0 0 0 0 0 0 Mark L Poorman CSC President 378000 0 0 0 0 0 31350 0 89343 0 498693 0 0 0 Herbert A Medina Provost 206500 0 0 0 960 0 15675 0 6878 0 230013 0 0 0 Eric C Barger VP for Financial Affairs, Interim 163100 0 0 0 960 0 11781 0 18316 0 194157 0 0 0 Andrea M Barton VP and General Counsel 174099 0 0 0 2016 0 12950 0 729 0 189794 0 0 0 James B Ravelli VP for University Operations 201269 0 0 0 4392 0 15537 0 1704 0 222902 0 0 0 John J Donato CSC VP for Student Affairs 157302 0 0 0 0 0 17303 0 28527 0 203132 0 0 0 Scott R Leykam VP for Athletics 202272 0 0 0 19940 0 15614 0 18809 0 256635 0 0 0 Michael Lewellen VP for Marketing & Communications 199500 0 0 0 4548 0 0 0 7016 0 211064 0 0 0 J Bryce Strang VP for University Relations 204250 0 0 0 4548 0 15767 0 7787 0 232352 0 0 0 John L Watzke Dean - School of Education 196162 0 0 0 4739 0 14834 0 69751 0 285486 0 0 0 Casey R Shillam Dean - School of Nursing 194750 0 0 0 960 0 15033 0 18809 0 229552 0 0 0 Gary L Malecha Dean - College of Business, Interim 140353 0 0 0 15855 0 9235 0 13310 0 178753 0 0 0 Brian Fabien Dean - School of Engineering 108000 0 0 0 2480 0 2200 0 6871 0 119551 0 0 0 Laura McLary Dean - College of Arts and Sciences, Interim 119555 0 0 0 1500 0 32170 0 13374 0 166599 0 0 0 Charles F McCoy CSC Associate Professor Mathematics 70319 0 0 0 0 0 7735 0 24539 0 102593 0 0 0 Terry Porter Head Men's Basketball Coach 422167 0 21250 0 15167 0 31350 0 1565 0 491499 0 0 0 Richard D Gritta Professor Emeritus, Finance 55692 0 0 0 133660 0 41583 0 7753 0 238688 0 0 0 Michael A Meek Head Women's Baskbetball Coach 157533 0 51400 0 2710 0 17571 0 18316 0 247530 0 0 0 Mojtaba B Takallou Associate Professor Engineering 117193 0 0 0 86356 0 16319 0 17492 0 237360 0 0 0 Michelle A French Head Women's Soccer Coach 157594 0 26531 0 11632 0 14475 0 6863 0 217095 0 0 0 Robin D Anderson Dean - School of Business 240765 0 0 0 480 0 19346 0 9599 0 270190 0 0 0 Alan P Timmins VP for Financial Affairs 173745 0 0 0 9338 0 18647 0 980 0 202710 0 0 0 Thomas G Greene Provost 169114 0 0 0 20761 0 17305 0 995 0 208175 0 0 0 Sandy S Chung VP for Human Resources 176985 0 0 0 90960 0 13662 0 18809 0 300416 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 only provided to University employees who are required to be available on campus at all hours and 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 taxes related to taxable benefits, concurrent with the provision of those benefits. Schedule J, Part I, Line 4 The VP for Human Resources, Sandy S. Chung, and Richard D Gritta, Professor Emeritus of Finance, received severance payment. 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 See Part VI 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 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 exits. Ralph Miller Regent Trustee Money for student investment X 250000 251344 0 0 1 Michele French Employee Home loan program X 15000 6250 0 0 1 257594 Christopher Greene Relative 19965 Employment 0 Walter E Nelson Company Business Owner 162708 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 3 122500 Appraisal X 2546 Retail X 35 509432 Market quote X 5 5 Default value $1 X Instructional Equipment 1 28500 Appraisal X Auto lease 1 6566 Retail price X Gift certificates 3 2500 Retail price X Household items 5 5 Default value of $1.00 per gift 3 0 1 1 Schedule M, Part I, Line 32b The University periodically uses relators 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, 2022. 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 2020. All salaries, except the Men's basketball coach, are compared to CUPA (College & University Personnel Association) benchmarks, 990 data from comparable institutions, and internal compensation history for the position. The Men's basketball head coach and VP for Athletic salaries are compared with the counterpart salaries of teams in the West Coast Conference and internal compensation history for the position. Form 990, Part VI, Section C, Line 19 Financial statements are available online at www.up.edu. 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 (8) 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 due to the COVID-19 pandemic. The rent collection will resume next year.