WESTMINSTER UNIVERSITY: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- WESTMINSTER UNIVERSITY (EIN 87-0212470)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-05-10
- IRS object ID
- 201931309349304203
- Schema version
- 2017v2.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-10T11:38:55-07:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 870212470 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Westminster College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WEST | BusinessNameControlTxt |
| Phone | 8018322139 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1840 South 1300 East | AddressLine1Txt |
| City | Salt Lake City | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84105 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Sydney Tervort | PersonNm |
| Person Title | Managing Director | PersonTitleTxt |
| Signature | 2019-05-10 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Stephen R Morgan | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1840 S 1300 E | AddressLine1Txt |
| City | Salt Lake City | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84105 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $107,087,128 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| All Affiliates Included | false | AllAffiliatesIncludedInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.westminstercollege.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1886 | FormationYr |
| Legal Domicile State | UT | LegalDomicileStateCd |
| Activity Or Mission | Westminster College is a private comprehensive liberal arts college in Salt Lake City, UT offering undergraduate and graduate degrees in liberal arts and professional programs. | ActivityOrMissionDesc |
| Voting Members Governing Body | 30 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 28 | VotingMembersIndependentCnt |
| Total Employee | 1819 | TotalEmployeeCnt |
| Total Volunteers | 565 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $12,221,257 | PYContributionsGrantsAmt |
| CY Contributions Grants | $16,995,660 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $85,336,740 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $84,631,605 | CYProgramServiceRevenueAmt |
| PY Investment Income | $997,766 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,020,272 | CYInvestmentIncomeAmt |
| PY Other Revenue | $685,817 | PYOtherRevenueAmt |
| CY Other Revenue | $557,819 | CYOtherRevenueAmt |
| PY Total Revenue | $99,241,580 | PYTotalRevenueAmt |
| CY Total Revenue | $106,205,356 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $31,124,764 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $32,260,995 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $42,078,954 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $42,130,165 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,713,013 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $24,860,980 | PYOtherExpensesAmt |
| CY Other Expenses | $24,854,847 | CYOtherExpensesAmt |
| PY Total Expenses | $98,064,698 | PYTotalExpensesAmt |
| CY Total Expenses | $99,246,007 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,176,882 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,959,349 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $209,004,798 | TotalAssetsBOYAmt |
| Total Assets EOY | $216,463,995 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $52,994,971 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $48,717,872 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $156,009,827 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $167,746,123 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Westminster College is a private, independent college dedicated to student learning. We are a community of learners with a long and honored tradition of caring deeply about students and their education. We offer liberal arts and professional education in courses of study for undergraduate, selected graduate, and other innovative degree and non-degree programs. Students are challenged to experiment with ideas, raise questions, critically examine alternatives, and make informed decisions. We encourage students to accept responsibility for their learning, to discover and pursue their passions, and to promote more equitable and sustainable communities. Our purposes are to prepare students to lead lives of learning, accomplishment, and service and to help them develop skills and attributes critical for success in a diverse and interdependent world. We promote distinctive approaches to engaged learning that emphasize theory and practice in our academic and co-curricular programs. Grounded in | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $81,272,826 | ExpenseAmt |
| Grant | $32,260,995 | GrantAmt |
| Revenue | $85,187,632 | RevenueAmt |
| Desc | Instruction: 1,974 FTE students in undergraduate programs 455 FTE students in graduate programs 797 students graduated in the 2017-2018 academic year | Desc |
| Total Program Service Expenses | $81,272,826 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | Yes (true) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 315 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 1819 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 0 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Org Filed In Lieu Of Form1041 | false | OrgFiledInLieuOfForm1041Ind |
| Licensed More Than One State | false | LicensedMoreThanOneStateInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 30 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 28 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (true) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Sydney Tervort | PersonNm |
| Phone | 8018322133 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1840 South 1300 East | AddressLine1Txt |
| City | Salt Lake City | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84105 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (44 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Stephen R Morgan | ||||||||||
| President | 40.00 | 0.00 | Yes (X) | Yes (X) | $524,689 | $0 | $38,842 | |||
| Kim T Adamson | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Hamid Adib | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Jeanne Ambruster | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Gretchen Anderson | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Michael Bills | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Scott Beck | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Preston Chiaro | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Curt P Crowther | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Nancy DeFord | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Thomas A Ellison Esq | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Bing L Fang | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Thomas Fey | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Muffy Mead-Ferro | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Deanna Forbush | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Joseph E Fournier | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Clark P Giles | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Terry Grant | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Henry S Hemingway | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Ryan Hessenthaler | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Andrea Manship | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Colleen Kearns McCann | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Jerilyn McIntyre | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Doug Morton | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| O Wood Moyle IV | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Catherine Putnam-Netto | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| William Orchow | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Robert Rendon | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| William Bill Trojan | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Charlotte Tullos | ||||||||||
| Trustee | 1.60 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| W Curtis Ryan | ||||||||||
| Treasurer/VP | 40.00 | 0.00 | Yes (X) | $242,542 | $0 | $35,129 | ||||
| Annalisa Holcombe | ||||||||||
| Secretary/VP | 40.00 | 0.00 | Yes (X) | $126,245 | $0 | $26,711 | ||||
| Kathryn Holmes | ||||||||||
| Secretary/Couns | 40.00 | 0.00 | Yes (X) | $197,135 | $0 | $33,765 | ||||
| Sydney Tervort | ||||||||||
| Mng Dir, Financ | 40.00 | 0.00 | Yes (X) | $116,788 | $0 | $17,441 | ||||
| Lisa Gentile | ||||||||||
| Provost | 40.00 | 0.00 | $208,608 | $0 | $34,765 | Yes (X) | ||||
| Staci Carson | ||||||||||
| VP, Advancement | 40.00 | 0.00 | $236,759 | $0 | $24,498 | Yes (X) | ||||
| Melissa Koerner | ||||||||||
| Dean, Business | 40.00 | 0.00 | $150,093 | $0 | $26,483 | Yes (X) | ||||
| Michael Pacanowsky | ||||||||||
| Professor/Chair | 40.00 | 0.00 | $239,459 | $0 | $29,048 | Yes (X) | ||||
| James Stimpson | ||||||||||
| Assoc. Professor | 40.00 | 0.00 | $171,071 | $0 | $29,578 | Yes (X) | ||||
| Robert Allred | ||||||||||
| Assoc Prov IS/CIO | 40.00 | 0.00 | $157,525 | $0 | $29,933 | Yes (X) | ||||
| Jerry Van Os | ||||||||||
| Professor | 40.00 | 0.00 | $143,933 | $0 | $14,374 | Yes (X) | ||||
| Dick Chapman | ||||||||||
| Professor | 40.00 | 0.00 | $137,886 | $0 | $20,827 | Yes (X) | ||||
| James Seidelman | ||||||||||
| Former Key/Dist Service Professor | 40.00 | 0.00 | $160,242 | $0 | $34,348 | Yes (X) | ||||
| Sheila Yorkin | ||||||||||
| Exec Director of Communications | 40.00 | 0.00 | $131,895 | $0 | $27,589 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,944,870 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $423,331 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 51 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| K-J Camden LLC | |||||
| 2733 E Parleys Way Ste 300 | Salt Lake City | UT | 84109 | Lease | $982,535 |
| Struck | |||||
| 159 W Broadway 20 | Salt Lake City | UT | 84101 | Advertising | $507,581 |
| Redirect LLC | |||||
| 1336 S 1100 E | Salt Lake City | UT | 84105 | Advertising | $378,439 |
| American Mechanical Systems | |||||
| 7530 S State St | Salt Lake City | UT | 84047 | Maintenance/Repair | $348,248 |
| Ellucian | |||||
| 62578 Collections Cnt Dr | Chicago | IL | 60693 | Programs/Consulting | $341,950 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $33,750 | FundraisingAmt |
| Related Organizations | $747,953 | RelatedOrganizationsAmt |
| Government Grants | $1,260,172 | GovernmentGrantsAmt |
| All Other Contributions | $14,953,785 | AllOtherContributionsAmt |
| Noncash Contributions | $5,714,261 | NoncashContributionsAmt |
| Total Contributions | $16,995,660 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| Auxiliary Services | $5,113,788 | $5,113,788 |
| Tuition and Fees | $79,517,817 | $79,517,817 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $84,631,605 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $186,398 | TotalRevenueColumnAmt |
| Exclusion | $186,398 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $98,903 | TotalRevenueColumnAmt |
| Exclusion | $98,903 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $424 | TotalRevenueColumnAmt |
| Exclusion | $424 | ExclusionAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,400,695 | SecuritiesAmt |
| Other | $3,196,466 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $756,248 | SecuritiesAmt |
| Other | $105,942 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $644,447 | SecuritiesAmt |
| Other | $3,090,524 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,734,971 | TotalRevenueColumnAmt |
| Exclusion | $3,734,971 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $20,950 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $33,750 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $19,582 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,368 | TotalRevenueColumnAmt |
| Exclusion | $1,368 | ExclusionAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Annuity Liability Adjust | 525990 | $232,087 | $232,087 |
| Interest-Accts Receivable | 525990 | $131,218 | $131,218 |
| Other Revenue | $141,816 | $141,816 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $50,906 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $50,906 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $556,027 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $106,205,356 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $85,187,632 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $4,022,064 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,189,725 | TotalAmt |
| Program Services | $32,189,725 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,270 | TotalAmt |
| Program Services | $71,270 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,632,758 | TotalAmt |
| Program Services | $376,344 | ProgramServicesAmt |
| Management And General | $1,256,414 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,081,489 | TotalAmt |
| Program Services | $25,227,680 | ProgramServicesAmt |
| Management And General | $3,717,618 | ManagementAndGeneralAmt |
| Fundraising | $1,136,191 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,421,628 | TotalAmt |
| Program Services | $1,885,093 | ProgramServicesAmt |
| Management And General | $437,466 | ManagementAndGeneralAmt |
| Fundraising | $99,069 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,727,723 | TotalAmt |
| Program Services | $4,440,271 | ProgramServicesAmt |
| Management And General | $1,058,889 | ManagementAndGeneralAmt |
| Fundraising | $228,563 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,266,567 | TotalAmt |
| Program Services | $1,853,793 | ProgramServicesAmt |
| Management And General | $337,057 | ManagementAndGeneralAmt |
| Fundraising | $75,717 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $203,490 | TotalAmt |
| Program Services | $203,490 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $127,716 | TotalAmt |
| Management And General | $127,716 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $128,754 | TotalAmt |
| Management And General | $128,754 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,816,044 | TotalAmt |
| Program Services | $882,104 | ProgramServicesAmt |
| Management And General | $931,947 | ManagementAndGeneralAmt |
| Fundraising | $1,993 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,172,522 | TotalAmt |
| Program Services | $92,190 | ProgramServicesAmt |
| Management And General | $1,080,332 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,448,311 | TotalAmt |
| Program Services | $1,696,724 | ProgramServicesAmt |
| Management And General | $683,627 | ManagementAndGeneralAmt |
| Fundraising | $67,960 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $820,116 | TotalAmt |
| Program Services | $776,075 | ProgramServicesAmt |
| Management And General | $44,041 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,522 | TotalAmt |
| Program Services | $9,522 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,599,316 | TotalAmt |
| Program Services | $138,294 | ProgramServicesAmt |
| Management And General | $1,461,022 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,871,648 | TotalAmt |
| Program Services | $2,563,982 | ProgramServicesAmt |
| Management And General | $287,814 | ManagementAndGeneralAmt |
| Fundraising | $19,852 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $159,057 | TotalAmt |
| Program Services | $144,127 | ProgramServicesAmt |
| Management And General | $8,320 | ManagementAndGeneralAmt |
| Fundraising | $6,610 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,385,566 | TotalAmt |
| Program Services | $1,747,492 | ProgramServicesAmt |
| Management And General | $638,074 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,629,221 | TotalAmt |
| Program Services | $2,658,504 | ProgramServicesAmt |
| Management And General | $970,717 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $767,552 | TotalAmt |
| Program Services | $290,688 | ProgramServicesAmt |
| Management And General | $476,864 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Misc Other | $2,880,456 | $1,572,313 | $1,287,654 | $20,489 |
| Food | $2,254,597 | $1,979,409 | $233,901 | $41,287 |
| Campus Repair & Maint. | $1,019,498 | $220,531 | $797,270 | $1,697 |
| Memberships/Subscriptions | $367,811 | $253,205 | $101,021 | $13,585 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $193,650 | TotalAmt |
| Management And General | $193,650 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,246,007 | TotalAmt |
| Program Services | $81,272,826 | ProgramServicesAmt |
| Management And General | $16,260,168 | ManagementAndGeneralAmt |
| Fundraising | $1,713,013 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,910,904 | BOYAmt |
| EOY | $18,949,325 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,507,297 | BOYAmt |
| EOY | $10,753,576 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,575,399 | BOYAmt |
| EOY | $1,872,992 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,987,376 | BOYAmt |
| EOY | $3,606,099 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $894,123 | BOYAmt |
| EOY | $1,161,978 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $143,351,631 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $55,967,103 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,869,077 | BOYAmt |
| EOY | $87,384,528 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,260,622 | BOYAmt |
| EOY | $91,643,662 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,091,835 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $209,004,798 | BOYAmt |
| EOY | $216,463,995 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,884,899 | BOYAmt |
| EOY | $6,283,330 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,475,827 | BOYAmt |
| EOY | $2,036,876 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,670,587 | BOYAmt |
| EOY | $23,148,811 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,079,930 | BOYAmt |
| EOY | $296,001 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,883,728 | BOYAmt |
| EOY | $16,952,854 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,994,971 | BOYAmt |
| EOY | $48,717,872 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,183,919 | BOYAmt |
| EOY | $69,290,172 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,313,398 | BOYAmt |
| EOY | $42,056,711 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,512,510 | BOYAmt |
| EOY | $56,399,240 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,009,827 | BOYAmt |
| EOY | $167,746,123 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $209,004,798 | BOYAmt |
| EOY | $216,463,995 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $6,959,349 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $4,776,947 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $797,715 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | Yes (true) | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $76,444,625 | BeginningYearBalanceAmt |
| Contributions | $2,981,292 | ContributionsAmt |
| Investment Earnings Or Losses | $4,967,411 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$1,202,963 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$1,423,711 | OtherExpendituresAmt |
| End Year Balance | $81,766,654 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $67,876,256 | BeginningYearBalanceAmt |
| Contributions | $2,434,214 | ContributionsAmt |
| Investment Earnings Or Losses | $8,687,205 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$1,133,540 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$1,419,510 | OtherExpendituresAmt |
| End Year Balance | $76,444,625 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $71,986,434 | BeginningYearBalanceAmt |
| Contributions | $1,962,262 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,526,395 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$1,074,028 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$1,472,017 | OtherExpendituresAmt |
| End Year Balance | $67,876,256 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $71,282,777 | BeginningYearBalanceAmt |
| Contributions | $2,263,920 | ContributionsAmt |
| Investment Earnings Or Losses | $763,076 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$1,017,453 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$1,305,886 | OtherExpendituresAmt |
| End Year Balance | $71,986,434 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $61,790,000 | BeginningYearBalanceAmt |
| Contributions | $2,031,938 | ContributionsAmt |
| Investment Earnings Or Losses | $8,698,144 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$954,792 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$282,513 | OtherExpendituresAmt |
| End Year Balance | $71,282,777 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.02000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.68000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.30000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | false | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,468,785 | OtherCostOrOtherBasisAmt |
| Book Value | $2,468,785 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $114,732,200 | OtherCostOrOtherBasisAmt |
| Depreciation | $35,501,530 | DepreciationAmt |
| Book Value | $79,230,670 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,599,370 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,950,643 | DepreciationAmt |
| Book Value | $648,727 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,867,791 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,592,843 | DepreciationAmt |
| Book Value | $2,274,948 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,683,485 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,922,087 | DepreciationAmt |
| Book Value | $2,761,398 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $87,384,528 | TotalBookValueLandBuildingsAmt |
| Total Book Value Securities | $91,643,662 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Capital lease obligation | $14,694,611 |
| Funds held on deposit for others | $451,113 |
| U.S. government grants refundable - gov | $1,807,130 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $16,952,854 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $78,721,308 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $4,776,947 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $4,776,947 | RevenueNotReportedAmt |
| Revenue Subtotal | $73,944,361 | RevenueSubtotalAmt |
| Other Revenues Not Included | $32,260,995 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $32,260,995 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $106,205,356 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $66,985,012 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $66,985,012 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $32,260,995 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $32,260,995 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $99,246,007 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 4: Description of organization's collections and how it furthers its purpose. | The college received donations of collection and works of art. These collections further the college's exempt purpose by enhancing the educational experience for the students by using them for discussions and research in the classroom as wells as for public exhibition. |
| Part V, Line 4: Intended uses of the endowment fund. | Theintended use of endowment funds is to provide scholarships to students and support the activities of the College through distribution of earnings to the operating fund in a manner consistent with donor restrictions. |
| Part X : FIN48 Footnote | The College has been recognized by the Internal Revenue Service as an organization that is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code on its income other than unrelated business income. The College has also been recognized by the State of Utah as an organization exempt from state income taxation except to the extent of unrelated business income. Accordingly, no provision for income taxes is made in the financial statements.As required by US GAAP, the College has identified and evaluated its significant tax positions for which the statute of limitations remain open. The open tax years are the years ended June 30, 2015 through June 30, 2018 for federal tax purposes and Utah tax purposes. The College applied the more likely than not criteria to all tax positions and determined no material unrecognized tax benefits or liability should be recognized. In addition, there have been no material changes in unrecognized benefits as of June 30, 2018, and it is not expected that there will be a material change in the 12 months following June 30, 2018. There have been no related tax penalties or interest which would be classified as a tax expense in the statement of activities. |
| Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S | Scholarships $32260995 |
| Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S | Scholarships $32260995 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized | Westminster Colleges non-discrimination policy is as follows:Employment Policy (Equal Opportunity Policy Statement of Policy)Westminster (College) is committed to providing a safe and non-discriminatory environment for all members of the college community. The College will not tolerate discrimination, harassment, or retaliation in the workplace, academic setting, or in its programs or activities based on race, color, national origin, ethnicity, age, disability, religion, military status, or genetic information. To that end, this policy prohibits specific forms of behavior that violate Titles VI and VII of the Civil Rights Act of 1964, the Age Discrimination in Employment Act of 1967, Section 504 of the Rehabilitation Act of 1973, the Americans with Disabilities Act of 1990, as amended, the Genetic Information Nondiscrimination Act of 2008, and the Utah Antidiscrimination Act of 1965. The College also prohibits complicity, false reporting, and retaliation under this policy. In addition, the College prohibits sexual assault, sexual and gender-based harassment, gender-based discrimination, sexual exploitation, interpersonal violence, and other conduct that violates Title IX of the Education Amendments of 1972 (Title IX) or the Colleges obligations under the Violence Against Women Reauthorization Act of 2013 (VAWA) and the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act (Clery Act). Those categories of prohibited conduct are governed by the Colleges Policy on Sexual Assault, Sexual and Gender-Based Harassment, Gender-Based Discrimination, and Interpersonal Violence (Title IX Policy), which also establishes separate procedures that outline reporting options and explain how the College assesses, investigates, and resolves reports of such prohibited conduct against students and employees. The Title IX Policy and related procedures supersede any conflicting information contained in this Equal Opportunity Policy or its related procedures with respect to the conduct the Title IX Policy specifically prohibits. Where a complaint alleges conduct that may violate this policy and other conduct that may violate the Title IX Policy, the Title IX coordinator will determine how the reports should be addressed.Education Policy (as presented in the academic catalog)Westminster College administers all of its educational programs, related support services, and benefits in a manner which does not discriminate against students or prospective students with regard to race or ethnicity, color, religion, national origin, sex, age, sexual orientation, gender identification, disabilities, genetic information, or status as a veteran, or any other category or classification protected by applicable federal, state, or city laws.The admissions application, scholarship application, academic catalog, class schedules and all other materials sent to prospective students and members of the general community served by the College include the Colleges statement as noted above. Westminster College complies with federal and state non-discrimination laws and will not discriminate in admission and financial aid. |
| Schedule E, Line 4 - Explanation of Records and Materials Not Maintained | |
| Schedule E, Line 5 - Explanation of Organization Discrimination by Race | |
| Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency | Westminster College participates in various financial assistance programs as authorized by Title IV of the Higher Education Act of 1965 and administered by the U.S. Department of Education. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (14 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Central America & Caribbean | 0 | 0 | Program Services | Undergraduate Trip | $72,000 |
| East Asia & the Pacific | 0 | 0 | Program Services | Undergraduate Trip | $124,000 |
| East Asia & the Pacific | 0 | 0 | Program Services | Student Services | $1,000 |
| Europe | 0 | 0 | Grantmaking | Study Abroad | $71,000 |
| Europe | 0 | 0 | Program Services | Graduate Trip | $326,000 |
| Europe | 0 | 0 | Program Services | Undergraduate Trip | $291,000 |
| Europe | 0 | 0 | Program Services | Instruction | $6,000 |
| Europe | 0 | 0 | Program Services | Institutional Support | $7,000 |
| Middle East & North Africa | 0 | 0 | Program Services | Graduate Trip | $107,000 |
| North America | 0 | 0 | Program Services | Graduate Trip | $33,000 |
| North America | 0 | 0 | Program Services | Student Services | $4,000 |
| South Asia | 0 | 0 | Program Services | Graduate Trip | $97,000 |
| South Asia | 0 | 0 | Program Services | Undergraduate Trip | $32,000 |
| South Asia | 0 | 0 | Program Services | Student Services | $13,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $1,184,000 | SubtotalSpentAmt |
| Total Spent | $1,184,000 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | Institutional Scholarships | TypeOfAssistanceTxt |
| Region | Europe | RegionTxt |
| Recipient | 7 | RecipientCnt |
| Cash Grant | $71,270 | CashGrantAmt |
| Manner Of Cash Disbursement | Student Account | MannerOfCashDisbursementTxt |
| Description Of Non Cash Asst | N/A | DescriptionOfNonCashAsstTxt |
| Valuation Method Used | Book | ValuationMethodUsedDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US | FormAndLineReferenceDesc |
| Explanation | The costs of providing the college's various programs and other supporting services, including foreign transactions, have been summarized on a functional basis in the statements of activities. Accordingly, certain costs have been allocated among the programs and supporting services. We are not required to show foreign transactions separately for financial statement reporting purposes. The method used to account for the total expenditures by region included an evaluation of all expenses that included a cross border transaction fee and an accumulation of total expenditures related to undergraduate and graduate academic/international trips. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agrmt Prof Fundraising Acty | false | AgrmtProfFundraisingActyInd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | WC Athletics Golf Tournament | Event1Nm |
| Gross Receipts Event1 | $54,700 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $33,750 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $20,950 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $3,522 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $11,308 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $4,752 | FoodAndBeverageEvent1Amt |
| Gross Receipts Total | $54,700 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $33,750 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $20,950 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $3,522 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $11,308 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $4,752 | FoodAndBeverageTotalEventsAmt |
| Direct Expense Summary Events | $19,582 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $1,368 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (8 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|
| Institutional Scholarships | 2001 | $29,399,745 | Book Value |
| SEOG | 127 | $199,076 | Book Value |
| UCOPE | 9 | $19,500 | Book Value |
| Annual Scholarships | 371 | $1,127,942 | Book Value |
| Endowed Scholarships | 508 | $1,296,062 | Book Value |
| Utah Veteran's Grant | 1 | $10,000 | Book Value |
| NSF Grant | 17 | $121,400 | Book Value |
| TEACH | 4 | $16,000 | Book Value |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Grantmaker's Description of How Grants are Used | FormAndLineReferenceDesc |
| Explanation | The college reports are regularly reviewed to be certain funds are used for proper purposes. Federal grant reporting and reconciliation occurs monthly and during the yearly single audit. Awarding practices are reviewedforcompliance with federal regulations. Students are reviewed yearly for continued and new fund eligibility to be sure academic standards and other grant-specific criteria have been met. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
| Rebuttable Presumption Proc | false | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|
| Annalisa Holcombe | ||||||
| Secretary/VP | $126,245 | $13,100 | $13,611 | $152,956 | ||
| Dick Chapman | ||||||
| Professor | $137,886 | $12,276 | $8,551 | $158,713 | ||
| James Seidelman | ||||||
| Former Key/Dist Service Professor | $160,242 | $22,506 | $11,842 | $194,590 | ||
| James Stimpson | ||||||
| Assoc. Professor | $171,071 | $15,813 | $13,765 | $200,649 | ||
| Jerry Van Os | ||||||
| Professor | $143,933 | $13,239 | $1,135 | $158,307 | ||
| Kathryn Holmes | ||||||
| Secretary/Couns | $197,135 | $20,000 | $13,765 | $230,900 | ||
| Lisa Gentile | ||||||
| Provost | $208,608 | $21,000 | $13,765 | $243,373 | ||
| Melissa Koerner | ||||||
| Dean, Business | $150,093 | $14,933 | $11,550 | $176,576 | ||
| Michael Pacanowsky | ||||||
| Professor/Chair | $239,459 | $17,206 | $11,842 | $268,507 | ||
| Robert Allred | ||||||
| Assoc Prov IS/CIO | $157,525 | $16,836 | $13,097 | $187,458 | ||
| Sheila Yorkin | ||||||
| Exec Director of Communications | $131,895 | $13,824 | $13,765 | $159,484 | ||
| Staci Carson | ||||||
| VP, Advancement | $236,759 | $14,752 | $9,746 | $261,257 | ||
| Stephen R Morgan | ||||||
| President | $300,773 | $27,000 | $11,842 | $563,531 | $221,128 | $2,788 |
| W Curtis Ryan | ||||||
| Treasurer/VP | $211,210 | $21,364 | $13,765 | $277,671 | $31,332 | |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| Salt Lake County Utah | ||||||||
| A | 876000316 | 79567PDZ3 | 2015-04-21 | $12,180,302 | To advance refund the callable college revenue bonds | false | false | false |
| Salt Lake County Utah | ||||||||
| B | 876000316 | 79567PEM1 | 2017-01-05 | $13,778,736 | To advance refund the callable | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|
| A | $12,180,302 | $1,173,308 | -$560,568 | false | Yes (true) | Yes (true) | Yes (true) |
| B | $13,778,736 | $1,327,283 | -$739,945 | false | Yes (true) | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|
| A | false | false | false | false | false | Yes (true) |
| B | false | false | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | No Rebate DueNoRebateDueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Regulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|
| NA | ||||||||
| A | false | false | false | false | NA | false | false | Yes (true) |
| NA | ||||||||
| B | false | false | false | false | NA | false | false | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part VI | FormAndLineReferenceDesc |
| Explanation | The most recent rebate computation was performed for the 2015 bond issue on 5/19/16. No rebate was calculated and the next arbitrage rebate calculation is scheduled for April 2020. The most recent rebate computation was performed for the 2017 bond issue on 1/5/18. No rebate was calculated and the next arbitrage rebate calculation is scheduled for January 2022. | ExplanationTxt |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $31,332 | CashGrantAmt |
| Type Of Assistance | Tuition | TypeOfAssistanceTxt |
| Assistance Purpose | Tuit Remission | AssistancePurposeTxt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Bing Fang | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Family - Brd | RelationshipDescriptionTxt |
| Transaction | $88,033 | TransactionAmt |
| Transaction | EmployeeCompensation | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $10,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Appraisal/Cost | MethodOfDeterminingRevenuesTxt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $3,500 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Cost | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $698,024 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market | MethodOfDeterminingRevenuesTxt |
Securities Closely Held Stock SecuritiesCloselyHeldStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $98,385 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market | MethodOfDeterminingRevenuesTxt |
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $4,100,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market | MethodOfDeterminingRevenuesTxt |
Real Estate Other RealEstateOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $15,222 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Cost | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (8 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Furniture | 1 | $7,898 | Appraisal/Cost |
| Yes (X) | Event Use Donations | 1 | $5,331 | Cost |
| Yes (X) | Furniture | 1 | $67,100 | Appraisal/Cost |
| Yes (X) | Furniture | 1 | $22,500 | Appraisal/Cost |
| Yes (X) | EEvent Use Don | 6 | $1,335 | Cost |
| Yes (X) | Furniture | 1 | $671,499 | Cost |
| Yes (X) | Other-Auction I | 79 | $12,274 | Cost |
| Yes (X) | Other-Instr/Pro | 2 | $1,193 | Cost |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 1a: Explanation of Delegated Broad Authority to Committee | During fiscal year June 30, 2018, the Executive Committee of the Board of Trustees shall comprise the following Trustees: the Chair of the Board of Trustees, the Vice Chair of the Board of Trustees, the Chairs of Board Committees, the President and one or more other Trustees chosen at large. The Chair of the Board of Trustees shall be the Chair of the Executive Committee. The Executive Committee shall perform the following duties: * Represent the Board of Trustees in the intervals between Board meetings on actions which must be final and approved prior to the next meeting of the Board and on matters as delegated by the Board of Trustees to the Executive Committee, except to the extent prohibited by these Bylaws and the Utah Revised Nonprofit Corporation Act 2000, and any subsequent amendments or successor thereto; * Report all Executive Committee actions in full to the Board of Trustees at the first Board of Trustees meeting after the date of the Executive Committee's actions.All such Executive Committee actions shall be the final and official actions of the Corporation, unless the Board of Trustees is responsible for final action on the matter pursuant to the terms of these Bylaws or the Executive Committee indicates that its action is a recommendation to the Board of Trustees. |
| Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents | The bylaws did not change during fiscal year June 30, 2018. It should be noted that effective November 9, 2018, the College amended their bylaws. The principal objectives for this revision to the bylaws were to:1. Grant unambiguous, broad delegation of authority to the president;2. Enumerate trustee stahdards of conduct as required by the Utah Nonprofit Act;3. Strengthen the executive committee and establishing it as a working committee that serves as the "ad hoc" committee as necessary;4. Require minutes to be mainained of executive committee meetings and distributed to all trustees so they are informed of the discussion and action, if any, at these meetings;5. Require corporate officers to be trustees; and6. Names as corporate officers the board chair, vice chair, president, secretary, and treasurer. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | The Westminster College (the "College") tax return is completed by the Director of Budget, and reviewed by the Managing Director of Financial Affairs and the VP of Finance and Administration. Once completed, the documents are reviewed by the Audit and Risk Managment Committee and submitted electronically to the full board of trustees. Once the trustees have reviewed - the return is transmitted electronically to the IRS. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | Process of Identification: The Secretary of the Board will collect Statements of Disclosure from all trustees, officers, and key employees each year at the first Board meeting of the College's fiscal year and from all new trustees, officers, and key employees at the time of their appointment. The Audit and Risk Management Committee will review each Statement of Disclosure for actual or potential conflicts of interest, including, but not limited to, the following factors: * Solicitation or acceptance of gifts, gratuities, free travel, or other items of value that could create the appearance of a conflict or an expectation of special treatment in College matters; * Incidents of abuse or misuse of an individual's position for personal or third-party gain or benefit; * Use of the College's staff, services, equipment, materials, resources, or property for personal or third party gain, or representing to third parties that one's authority as a trustee, officer, volunteer, or key employee is more extensive than it is in actuality; * Situations where a trustee, officer, or key employee may be divided between personal interests or the interests of another organization and the best interests of the College; * Engagement in business, professional conduct, or other activities that may be directly or indirectly adverse to the interests of the College; and, * Any arrangements in which a trustee, officer, or key employee provides goods or services to the College as a paid vendor or outside service-provider.The Audit and Risk Management Committee may request additional information from any trustee, officer, or key employee at any time. While an individual's relationships or activities are under review, the individual may not deliberate, debate, or vote until a determination is made.Resolution: When the Audit and Risk Management Committee or the Board of Trustees identifies an actual, potential, or apparent conflict of interest, it may take one of the following actions to resolve such conflict: * Waive the conflict of interest as unlikely to affect the trustee's, officer's, volunteer's or key employee's ability to act in the best interests of the College; * Recuse the individual trustee, officer, volunteer, or key employee from deliberation or decision-making related to the specific matter giving rise to the conflict. * Request the resignation of the trustee, officer, volunteer or key employee from his or her service or position at the College because the conflict of interest is so pervasive that it is likely the trustee, officer or key employee would be unable to act solely in the best interests of the College.The Board of Trustees has final authority over the resolution of all conflicts of interest involving a trustee, officer, or key employee and may overrule any decision of the Audit and Risk Management Committee may refer any conflict of issue matter to the Board at any time. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | The Executive Committee of the Board of Trustees of Westminster College is responsible for the compensation review and approval process for officers and key employees.Review of the President. The Executive Committee is responsible to conduct an annual evaluation of the President, and to review and make recommendations regarding the terms of contract with the President, including compensation. The Executive Committee will conduct an annual review of the Presidents compensation. Concurrent with this review, the Executive Committee shall evaluate an annual report of the President's performance, provided by the President. In forming a recommendation regarding the President's compensation, the Executive Committee will rely on comparability data of the compensation paid to Presidents by similar institutions. This data may include compensation studies by independent organizations, written job offers for positions at similar organizations, and information obtained from the IRS Form 990 filings of similar organizations. The Executive Committee will forward its recommendation to the full Board of Trustees for approval of the Presidents compensation and contract terms. Review of Other Officers and Key Employees. On an annual basis, the President will present to the Executive Committee his or her report on compensation for the provost, vice presidents, presidents cabinet, and any other staff who report directly to the President, and covered employees (collectively Executive Officers) including comparability data and performance information. The Executive Committee is responsible to oversee the compensation of the Executive Officers to ensure compensation is fair, effective, and reasonable. Documentation. The Executive Committee will take and keep minutes that document its review process and how it formed its recommendations. The minutes will include the following:1. The terms of the compensation and contract terms and the date it was recommended;2. The members of the Board of Trustees who were present during the meetings and who voted on the recommendation; and3. The comparability data obtained and reviewed and the source of the data.The Board of Trustees will take and keep minutes that document its actions. The minutes will include the following:1. The terms of the compensation and contract terms;2. The date the compensation and contract terms were approved; and2. The members of the Board of Trustees who were present during the meeting and who voted on the approval. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | The following records of Westminster College are available for public inspection and copying, upon request: * Exemption Letter * Audited Financial Statements with Single Audit Reports for the three fiscal years prior to the date of the request * Tax filings Form 990 and 990T for the three fiscal years prior to the date of the requestTo make a request to inspect and/or acquire a copy of these records, contact the Managing Director of Financial Affairs, Office of Administrative Services, at 801-832-2133. |
| Form 990, Part I, Line 4 | Non-independent Trustee:* President Stephen Morgan is both an officer and trustee for Westminster College.* Trustee Bing Fang has a business transaction with the College that is required to be reported on Schedule L. |
| Form 990, Part I, Line 6 | Volunteers reported are those individuals that provide a service that supports the program services of the College. Without the volunteer, the College would have a need to pay for these services. Information is gathered from the campus to identify volunteers on an annual basis. |
| Form 990, Part V, Line 7g | The College did not receive any contributions of intellectual property and thus was not required to file Form 8899. |
| Form 990, Part V, Line 7h | The College did not receive any contributions of cars, boats, airplanes, and other vehicles and thus was not required to disclose on Form 1098-C. |
| Form 990, Part X | The 2017 financial statements were corrected for comparability to the 2018 reports. In 2018, the College's financial statements were reclassfied to move the Gore Endowment Fund from Benefical Interest in Trusts to be included with the Investments of the College. This reporting change did not result in reissuance of the 2017 financial statements.Original Restated Net Change $19,059,829 $18,910,904 $ 148,925 Cash & Cash Equivalents 507,947 894,123 (386,176) Prepaid Expenses & Def Charges 87,497,873 87,260,622 237,251 Investments 28,834,078 36,313,398 (7,479,320) Temporarily Restricted 61,991,830 54,512,510 7,479,320 Permanently Restricted |
| Schedule D, Part V, Line 2 a-c | The numbers reflected in the Form 990 Schedule D, Part V, Line 2 a-c are the percentages related to the End of Year Endowment funds balance prior to the reclassification entry for the College's underwater endowments ($87,296 in 2018, $714,584 in 2017, $868,288 in 2016, $150,414 in 2015, and $90,505 in 2014) moved from term to unrestricted endowment funds). The percentages from the audited financial statements would be as follows:2018 2017 2016 2015 2014 2% 2% 1% 2% 2% Board designated or quasi-endowment 68% 79% 84% 78% 76% Permanent endowment 30% 19% 15% 20% 22% Term endowment |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Bill and Vieve Gore Endowment Fund | ||||||||||
| 1840 South 1300 East | Salt Lake City | UT | 841053617 | 876213067 | Endowment earnings to Westminster College of Salt Lake City | UT | 501(c)(3) | 509(a)(3)Type I | N/A | false |
| Westminster Support Foundation Inc | ||||||||||
| 595 S Riverwoods pkwy Ste 400 | Logan | UT | 84321 | 464875631 | Provide financial support to Westminster | UT | 501(c)(3) | 509(a)(3)Type I | N/A | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Bill and Vieve Gore Endowment Fund | ||
| s | $747,953 | End Spending Ra |
| Westminster Support Foundation Inc | ||
| c | $630,500 | Market Value |