2019-05-22T12:57:39-05:00 2018-06-30 930900579 MCDONALD JACOBS PC 520 SW YAMHILL ST STE 500 PORTLAND OR 97204 990 2017-07-01 930634049 MARYLHURST UNIVERSITY MARY 5032270581 520 SW YAMHILL ST NO 500 PORTLAND OR 97204 CHIP TERHUNE CHAIR 5032270581 2019-05-21 1 SANG AHN P00540880 5032270581 50.204.228.78 2019-05-21 19:22:10 PD P 32681387592AA1032376DAF4461A652B92A0EA79 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2017 2019-02-21 02:37:17Z X CHIP TERHUNE 520 SW YAMHILL ST NO 500 PORTLAND OR 97204 25393237 0 0982 X WWW.MARYLHURST.EDU X 1983 OR SEE STATEMENT OMARLYTHURST UNIVERSITY IS A CATHOLIC LIBERAL ARTS UNIVERSITY PROVIDING HIGHER EDUCATION THROUGH BOTH ON-CAMPUS AND ON-LINE EDUCATIONAL PROGRAMS. 20 20 383 0 0 0 1484963 998366 12149816 9392521 1494951 1782648 433094 70437 15562824 12243972 2134949 0 0 0 9379696 8960410 0 0 436393 6782789 6766030 18297434 15726440 -2734610 -3482468 37543851 35641653 2777893 4702658 34765958 30938995 X MARYTHURST UNIVERSTY IS A CATHOLIC LIBERAL ARTS UNIVERSITY NATIONALLY RECOGNIZED FOR ITS DEDICATION TO EXCELLENCE IN THE EDUCATION OF SELF-DIRECTED ADULT LEARNERS SEEKING RELEVANT, RIGOROUS AND CONTINUED ON SCHEDULE OINNOVATIVEUNDERGRADUATE AND GRADUATE PROGRAMS. STUDENTS OF ALL AGES AND WALKS OF LIFE COME TO MARYLHURST TO TRANSFORM THEIR LIVES IN SOME WAY; HERE, THEY GET VERY PERSONALIZED ATTENTION TO HELP THEM DO JUST THAT. THROUGH BOTH ON-CAMPUS AND ONLINE PROGRAMS, MARYLHURST CREATES COLLABORATIVE LEARNING ENVIRONMENTS THAT VALUE AND CHALLENGE EACH INDIVIDUAL, WITH A FOCUS ON CLEARLY DEFINED OUTCOMES. MARYLHURST EXCELS IN INTEGRATING PROFESSIONAL PROGRAMS AND THE LIBERAL ARTS THROUGH CURRICULUM THAT EMPHASIZES INTERDISCIPLINARY LEARNING AND PREPARES STUDENTS TO LEAD LIVES OF ETHICAL LEADERSHIP, SERVICE AND SOCIAL RESPONSIBILITY. 0 0 9294064 9449886 HIGHER EDUCATION STUDENT POPULATION: 570 UNDERGRADUATE STUDENTS AND 556 GRADUATE STUDENTS. HIGHER EDUCATION DEGREES GRANTED: 1,148 BACHELOR DEGREES AND 182 GRADUATEDE DEGREES. 9294064 1 0 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 68 0 383 1 0 0 0 0 0 1 1 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 OR X CHIP TERHUNE 5032270581 520 SW YAMHILL ST NO 500 PORTLAND OR 97204 SCOTT BOLTON CHAIR 3.00 0.00 X X 0 0 0 VICKI NAKASHIMA SECRETARY 2.00 0.00 X X 0 0 0 CHIP TERHUNE TRUSTEE 3.00 X 0 0 0 SUE HILDICK TRUSTEE 2.00 X 0 0 0 BILL BARR TRUSTEE 2.00 X 0 0 0 MARY BREILING TRUSTEE 2.00 X 0 0 0 REBECCA DECESARO TRUSTEE 2.00 X 0 0 0 ROSWITHA FRAWLEY TRUSTEE 2.00 X 0 0 0 GREG HOGENSEN TRUSTEE 2.00 X 0 0 0 KATHLEEN KEE TRUSTEE 2.00 X 0 0 0 SANDRA LINCOLN TRUSTEE 2.00 X 0 0 0 BRENDA MELTEBEKE TRUSTEE 2.00 X 0 0 0 KIRK MOUSER TRUSTEE 2.00 X 0 0 0 SOO PAK TRUSTEE 2.00 X 0 0 0 MARTY RINGLE TRUSTEE 2.00 X 0 0 0 SAM SHOEN TRUSTEE 2.00 X 0 0 0 MELODY ROSE PRESIDENT 40.00 X 267704 0 14306 267704 0 14306 1 0 1 0 0 45010 953356 998366 TUITION 611310 9392521 9392521 9392521 486707 486707 14367190 13071249 1295941 1295941 1295941 135381 78016 57365 57365 MISCELLANEOUS 900099 13072 13072 13072 12243972 9449886 0 1795720 804508 342575 376967 84966 5658161 4263816 1255801 138544 97128 65393 27511 4224 1898466 1287860 541807 68799 502147 338075 142230 21842 91088 91088 2924252 2232672 682396 9184 511601 3042 508559 644160 235357 358365 50438 439283 220280 207770 11233 461679 13553 446811 1315 23415 10196 13219 34835 34835 1228155 139458 1088697 117670 117670 MEMBERSHIPS 169439 86182 83192 65 FOOD 115848 55423 14642 45783 4605 182 4423 15726440 9294064 5995983 436393 1852493 9091154 1417241 806914 164067 9000 448709 461747 371990 322547 84264 72318 488917 291126 34676513 22074266 13671528 12602247 19044642 11984600 37543851 35641653 1243325 1267539 255831 179881 140000 2105000 1138737 1150238 2777893 4702658 X 13462368 18154685 5533815 3621401 15769775 9162909 34765958 30938995 37543851 35641653 -3482468 -344495 0 X X 0 1 X 1 1 1 X 110653 0 20529266 177132 1425277 738445 9087705 0 12305525 18979755 208574 2439683 994651 -7929 112024 20529266 23219905 478522 -3442412 1291389 -127616 112487 18979755 22250129 521539 1459832 881318 -3127 133404 23219905 19181757 755097 3104467 851315 -174048 113927 22250127 0.74460 0.25540 0 0 217505 217505 22925845 15270692 7655153 7090911 3079141 4011770 3648736 3217466 431270 793516 506967 286549 12602247 US GOVERNMENT GRANTS REFUNDABLE 344442 UNITRUST, ANNUITY AND AGENCY FUNDS 11088 FIN 47 RETIREMENT OBLIGATION 794708 1150238 X 11977492 -344495 -344495 12321987 -78016 -78016 12243971 15804455 0 15804455 -78016 -78016 15726439 PART III, LINE 1A: THE UNIVERSITY HAS A SMALL COLLECTION OF ART, HISTORICAL TREASURES AND OTHER SIMILAR ASSETS. THE COLLECTION INCLUDES PAINTING. PICTURES, STATUES AND A DOLL COLLECTION. SOME PIECES HAVE BEEN PURCHASED BY THE UNIVERSITY PARTS OF THE COLLECTION ARE ON DISPLAY PART V, LINE 4: 83% OF THE ENDOWMENT SUPEORTS SCHOLARSHIPS, WHILE THE REMAINING 17% CONTRIBUTE TO THE UNIVERSITY IN GENERAL SUPPORT, INCLUDING ENGLISH, LITERATURE, MUSIC AND WRITING FACULTY PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS RECOGNIZED THE UNIVERSITY AS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE EXCEPT TO THE EXTENT OF UNRELATED BUSINESS INCOME UNDER SECTIONS 511 THROUGH 515. THE UNIVERSITY ACCOUNTS FOR UNCERTAIN IN INCOME TAXES IN ACCORDANCE WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) NO. 740-10 INCOME TAXES, HOWEVER, MANAGEMENT HAS NOT RECORDED PROVISION AS OF JUNE 30, 2018, AS UNRELATED BUSINESS INCOME, IF ANY, IS IMMATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED NET OF REVENUES -78,016. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED NET OF REVENUES -78,016. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 MARYLHURST UNIVERSITY RUNS A DISPLAY ADVERTISEMENT IN THE PORTLAND TRIBUNE EACH SPRING IN CONJUNCTION WITH THE RECRUITMENT FOR THE UPCOMING ACADEMIC YEAR. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES STUDENT FINANCIAL AID FROM STATE AND FEDERAL AGENCIES. X 0 1 X X X 0 0 0 0 0 0 0 0 0 MELODY ROSE PRESIDENT 267704 0 0 0 0 0 0 0 14306 0 282010 0 0 0 PART I, LINE 1A THE UNIVERSITY PAYS MEMBERSHIP DUES TO THE UNIVERSITY CLUB OF PORTLAND PART I, LINE 1B THE UNIVERSITY HAS STRONG POLICIES AND PROCEDURES ESTABLISHED IN THE UNIVERSITY ACCOUNTING DEPARTMENT AND A DEVELOPED PROCUREMENT POLICY. ALTHOUGH THERE ISN'T SPENDING POLICY WHICH ADDRESSES PAYMENT OF SOCIAL CLUB DUES FOR ITS OFFICERS, THERE ARE POLICIES AND PROCEDURES FOR ENSURING THAT EXPENDITURES ARE INCURRED FOR BUSINESS PURPOSES, THE MEMBERSHIP FEES ARE FOR BUSINESS AND THUS WERE PROPERLY AUTHORIZED AND PROCESSED IN THE UNIVERSITY ACCOUNTING DEPARTMENT. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES HAS DELEGATED THE REVIEW OF THE FORM 990 TO THE AUDIT COMMITTEE. PRIOR TO FILING THE, FORM 990 IS REVIEWED INTERNALLY BY THE AUDIT COMMITTEE AFTER BEING PREPARED BY THE EXTERNAL CPA FIRM. SUBSEQUENT TO THIS REVIEW, THE AUDIT COMMITTEE REPORTS BACK TO THE BOARD OF TRUSTEES REGARDING ITS OVERSIGHT OF THE FORM 990. THE FINAL FORM 990 IS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN WITH THE IRS. THE FORM 990 IS ELECTRONICALLY FILED. FORM 990, PART VI, SECTION B, LINE 12C KEY EMPLOYEES, OFFICERS AND TRUSTEES ANNUALLY REVIEW AND SIGN THE UNIVERSITY'S CONFLICT OF INTEREST DISCLOSURE FORM. THE BOARD OF TRUSTEES IS MADE AWARE OF ANY CONFLICTS OF INTEREST. THOSE WITH CONFLICTS OF INTEREST ARE TO REFRAIN FROM PARTICIPATING IN CONSIDERATION OF PROPOSED TRANSACTIONS UNLESS THE BOARD OR ADMINISTRATION REQUESTS INFORMATION OR INTERPRETATION, TRUSTEES OR OFFICERS WITH CONFLICTS SHALL NOT VOTE. AT THE REQUEST OF THE BOARD CHAIR, THE COVERED PERSON WITH A CONFLICT MAY BE ASKED TO LEAVE THE MEETING DURING DISCUSSION AND/OR VOTE. HUMAN RESOURCES AND THE PRESIDENT'S OFFICE MONITOR FOR COMPLIANCE FORM 990, PART VI, SECTION C, LINE 19 WHILE TAX LAWS DO NOT MANDATE THAT THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE FOR PUBLIC INSPECTION, THE UNIVERSITY MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. LATE FILED RETURN DUE TO CCH SOFTWARE OUTAGE