2017-05-15T17:01:15-05:00 2016-06-30 363990892 Capin Crouse LLP 3010 Saturn Street Suite 205 Brea CA 92821 990 2015-07-01 941279803 William Jessup University WILL 9165772200 2121 University Avenue Rocklin CA 95765 David Punt CFO 9165772200 2017-05-15 1 David C Moja P00747006 7149619300 2015 2021-01-29 14:40:06Z John Jackson 2121 University Avenue Rocklin CA 95765 38988835 0 X www.jessup.edu X 1939 CA To prepare Christians for leadership and service in church and society. 17 16 702 60 0 0 5900499 3591789 31595656 31791292 155346 911657 -94511 -39676 37556990 36255062 9428570 9649181 0 0 13375877 13578558 0 0 1837143 14484866 12959834 37289313 36187573 267677 67489 91980551 100175070 70256947 78294334 21723604 21880736 X In partnership with the Church, the purpose of William Jessup University is to educate transformational leaders for the glory of God. 0 0 29878577 9504009 28158244 TRADITIONAL UNDERGRADUATE: WJU enrolls more than 1300 students in its Bachelor of Arts, Bachelor of Science, and Master of Arts degree programs. Each undergraduate program is founded on a solid liberal arts core and intentionally designed to foster a student's spiritual development. Many degrees have areas of concentration or specialization from which students may choose. Experiential and co-curricular learning opportunities are a hallmark of a WJU education as our internship opportunities, work preparedness, and student success in school-to-work transitions.SEE SCHEDULE O FOR REMAINDER OF PROGRAM DESCRIPTIONMajors include a BS in Business Administration, Psychology, Criminal Justice (face-to-face and Online), Christian Leadership or Organizational Leadership, a BA or BS in Psychology, English, History, Music, Creative Arts (theater and visual arts), Liberal Studies & Credentialing, Public Policy, Biblical Studies, Theological Studies, Business Administration, Christian Leadership, Intercultural Studies, Pastoral Ministry, Youth Ministry, Family & Children's Ministry, Biology, Kinesiology, Environmental Science, Math, and Computer Science. The growth of online options and programs now includes more than 800 students across degree platforms, 3 fully-online degree programs, and 10 new programs scheduled for 2017-2018. Jessup also has a certificate program in Addiction Studies.WJU provides a holistic educational experience for its residential and commuter students. The University Learning Commons provides entry level and continuing educational support services for special needs and at-risk students through a team of academic specialists, advisors, and tutors. 1852820 116338 2766621 ADULT DEGREE COMPLETION: Adult Degree Completion (ADC) at the University is customized to serve the working adult student in a course of study that is convenient, flexible and relevant to their personal and professional goals. Accelerated courses are offered in the evening and weekends on both of WJU's campuses (Rocklin and San Jose). The ADC pedagogy is built to serve high-context adult learners who bring with them into the classroom a wide range of work and life skills, gifts, and abilities.SEE SCHEDULE O FOR REMAINDER OF PROGRAM DESCRIPTIONExpert faculty who are selected and appointed for their academic expertise, professional experience, missional fit, and ability to teach in an accelerated adult classroom, capitalize on the adult learner's training and experience to help them grow in their expert knowledge of the subject matter as well as the ability to think, write, read, and speak well. The ADC educational experience seeks to bring the world of work into the classroom and take the knowledge and experience of the classroom back into their respective work situations.Fostering a student's passion for knowledge, professional growth and development, and matters of personal faith and spiritual formation reflects the spirit of WJU's adult degree completion programs. 321336 28834 833427 GRADUATE EDUCATION:The University offers a growing array of high quality graduate degrees, each designed to offer an advanced-level educational experience taught by highly qualified faculty who share personal concern for each student's spiritual development and personal well-being. Current offerings include an MA in Teaching, an MBA, an International MBA, an MA in Education, and an online MA in Leadership with concentrations in Christian Ministry and Sports Management; a MA in Counseling Psychology is pending final approval. Jessup is selectively building high quality graduate degrees that serve student interests and marketplace demands based on the core academic strengths of its programs and faculty.SEE SCHEDULE O FOR REMAINDER OF PROGRAM DESCRIPTIONBoth thesis based and professional degree programs provide opportunities for critical thinking, speaking, and writing with the goal of preparing knowledgeable and highly qualified graduates who may pursue additional graduate study and/or professional careers. Internship opportunities and experiential learning emphases provide students with hands-on opportunities to promote their professional development.New graduate degrees under exploration include an MS in Computer Science (Spring 2018), healthcare, kinesiology, social work, and theology. 32052733 1 1 0 0 0 0 0 0 0 1 1 0 1 0 0 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 1 0 1 0 0 0 0 1 0 0 0 1 1782 0 1 702 1 0 0 0 0 0 1 1 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X X Diane Kim 9165772200 2121 University Avenue Rocklin CA 95765 Mike West Chairman 1.00 X X 0 0 0 Roger Edrington Secretary 1.00 X X 0 0 0 Pete Bernardoni Treasurer 1.00 X X 0 0 0 John Jackson President 40.00 X X 134314 0 116733 Jon Blackstad Trustee 1.00 X 0 0 0 Clifford Daugherty Trustee 1.00 X 0 0 0 Bonnie Gore Trustee 1.00 X 0 0 0 Valerie Hanson Trustee 1.00 X 0 0 0 Laurie Kubicek Trustee 1.00 X 0 0 0 Parnell M Lovelace Jr Trustee 1.00 X 0 0 0 Brett Neal Trustee 1.00 X 0 0 0 Mike Novak Trustee 1.00 X 0 0 0 Laura Chiappe Trustee 1.00 X 0 0 0 Edward Lee Trustee 1.00 X 0 0 0 Chris Mann Trustee 1.00 X 0 0 0 Steven Olds Trustee 1.00 X 0 0 0 David Shafer Trustee 1.00 X 0 0 0 Dan Derepentigny Trustee (Part Year) 1.00 X 0 0 0 Holly Tiche Trustee (Part Year) 1.00 X 0 0 0 Greg Jamison Trustee (Part Year) 1.00 X 0 0 0 David Punt Chief Financial Officer 40.00 X 73543 0 93417 Eric Hogue Chief Development Officer 40.00 X 95247 0 108225 Dennis Jameson Provost/Chief Academic Off 40.00 X 76611 0 100932 Mitch Pleis part year Chief Property Development 40.00 X 70416 0 10080 Judy Rentz Chief Information Officer 40.00 X 113870 0 54261 Kay Klovio Chief Student Life Officer 40.00 X 0 0 0 Todd Erickson Vice-Provost 40.00 X 103972 0 15167 667973 0 498815 3 0 1 0 Reeve-Knight Construction 128 Ascot Drive Roseville CA 95661 Construction 7156315 Bon Appetit 100 W Temple St Los Angeles CA 900740196 Food Services 1507381 Staybridge Suites Rocklin 6664 Lonetree Blvd Rocklin CA 95765 Student Housing 375292 Joined Inc 1900 Churn Creek Rd Suite 300 Redding CA 96002 Marketing Recruiting Agreement 355089 Ruffalo Cody PO Box 3018 Cedar Rapids IA 524063018 Campaign, Bulk Mailings 310127 8 178900 3412889 68272 3591789 Traditional Education 611710 28158244 28158244 Adult Degree Program 611710 2766621 2766621 Graduate Program 611710 866427 866427 31791292 24454 24454 3483352 2596149 887203 887203 887203 97948 178900 137624 -39676 -39676 36255062 31791292 0 871981 9649181 9649181 1029620 885178 84564 59878 247716 210819 20140 16757 9521169 8097622 773595 649952 25236 21406 1930 1900 2076337 1366352 288870 421115 678480 581299 66046 31135 9668 9668 72538 72538 15498 15498 1578527 1237624 112104 228799 572689 553481 4 19204 793594 378470 305667 109457 131546 130752 123 671 1845579 1550576 276163 18840 566510 523987 10072 32451 47184 32840 14216 128 2764696 2719288 11696 33712 2708048 2663570 11457 33021 193243 47346 145897 Student activities 547078 545670 1408 Academic materials 315454 313174 401 1879 Other expenses 271144 38830 69140 163174 Event expenses 265128 245329 12961 6838 261710 244441 10445 6824 36187573 32052733 2297697 1837143 1671 1571 2466554 2473698 203863 156282 115763 0 51265 18408 349713 466779 100373849 11276188 82668887 89097661 1642730 2603182 4198410 5085160 281695 272329 91980551 100175070 3958764 2527268 726342 958993 65571841 74808073 70256947 78294334 X 17929324 18503034 2071103 705007 1723177 2672695 21723604 21880736 91980551 100175070 67489 74145 15498 0 X X 0 1 X 1 1 1 X 1066064 2069563 5250497 5900499 3591789 17878412 1066064 2069563 5250497 5900499 3591789 17878412 5697599 12180813 177075 81339 109790 158641 24454 551299 54773 60833 72587 91511 97948 377652 18807363 140042678 0.64770 X Schedule A, Part II The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1642730 972559 63823 75930 2603182 1674901 30709 -1202 70605 -8927 1642730 1455436 112534 171104 64173 1674901 3337817 185752 102517 59406 2111244 1455436 2968467 484272 -59782 55140 3337817 0.00730 0.99270 0 0 22742413 22742413 66334106 4921837 61412269 1536847 134650 1402197 9042289 6198038 2844251 718194 21663 696531 89097661 Land 5085160 F 5085160 X 26817650 74145 74145 26743505 9511557 9511557 36255062 26660518 137624 137624 26522894 9664679 9664679 36187573 Part V, Line 4: Student Scholarships. Part X, Line 2: The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statements of activities. As of June 30, 2016 and 2015, The University had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. The University files information tax returns in the U.S. and various states. The University is subject to income tax examinations for the current year and certain prior years based on the applicable laws and regulations. Part XI, Line 4b - Other Adjustments: Fundraising events -137,624. Student aid netted with revenue per financial statements 9,649,181. Part XII, Line 2d - Other Adjustments: Fundraising events 137,624. Part XII, Line 4b - Other Adjustments: Student aid netted with revenue per financial statements 9,649,181. Brokerage Fees 15,498. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The University Catalogue and Application state that "William Jessup University admits students of any race, color, national and ethnic origin to all the rights, privileges, programs, and activities generally accorded or made available to students at the University. It does not discriminate on the basis of race, color, national and ethnic origin, age, gender, or physical handicap in the administration of its educational policies, employment practices, admissions requirements, or scholarship and loan programs." Schedule E, Part I, Line 6 Federal financial aid funds are received from the U.S. Department of Education under the authority of Title IV of the higher education act. The student financial assistance programs offered by the institution are the College Work Study program (FWS), Supplemental Educational Opportunity Grant program (SEOG), Pell Grant program (PELL), and the Federal Direct Student Loan program. These programs are administered by the institution in accordance with guidelines established by the U.S. Department of Education. Europe 0 0 Program Services Mission trips 29160 Europe 0 0 Travel Travel to and from the region 14704 Central America and the Caribbean 0 0 Program Services Mission trips 14323 Central America and the Caribbean 0 0 Travel Travel to and from the region 7689 East Asia 0 0 Program Services Mission trips 17685 East Asia 0 0 Travel Travel to and from the region 11095 Russia and Neighboring States 0 0 Program Services Mission Trips 1273 0 0 0 0 0 0 95929 0 95929 0 0 0 0 0 0 University Fund Dinner 144930 114570 30360 369 2689 25576 1883 48704 Warrior Golf Classic 65059 46674 18385 318 7570 6250 0 22617 2 66859 17656 49203 450 2128 1000 18070 276848 178900 97948 687 10709 33954 2883 89391 137624 -39676 1 Scholarships 1107 9649181 Part I, Line 2: The financial aid office at William Jessup University requires students to complete the Free Application for Federal Student Aid (FAFSA) form to determine eligibility for Federal, State and institutional grants, scholarships, and loans. This is an equitable formula that measures all assets consistently. Enrollment and eligibility are monitored by the University. X 1 0 X X 0 0 0 0 0 0 0 0 0 John Jackson President 134314 0 0 0 0 0 14080 0 103356 0 251750 0 0 0 David Punt Chief Financial Officer 73543 0 0 0 0 0 18000 0 81347 0 172890 0 0 0 Eric Hogue Chief Development Officer 88207 0 0 0 7040 0 0 0 108846 0 204093 0 0 0 Dennis Jameson Provost/Chief Academic Off 76611 0 0 0 0 0 28400 0 73204 0 178215 0 0 0 Judy Rentz Chief Information Officer 112870 0 1000 0 0 0 0 0 54765 0 168635 0 0 0 Part I, Line 1a Because the University is a 501(c)(3) organization under IRS statute, and because the President and other staff members are ordained ministers, the President and other ordained ministers are allowed to designate a portion of their compensation as housing allowance. Such designations are approved in advance and recorded in the Board minutes as required by IRS regulations. The people whom received the housing allowance are below: J. Jackson E. Hogue D. Jameson D. Punt Part I, Line 3 The Board of Trustees determines the salary for the President of the University. The reasonableness of compensation is determined annually using a compensation study. The board approved compensation is documented in the board minutes upon approval. 102440 Tuition Remission Derek Martin Son-in-law of John Jackson, President 64230 Compensation and expense reimbursements 0 Dan Albrecht Brother-in-law of Dennis Jameson 79735 Compensation and expense reimbursements 0 Jennifer Martin Daughter of John Jackson, President 34724 Compensation and expense reimbursements 0 Cynthia Shafer Elliott Daughter of David Shafer, Board Trustee 69027 Compensation and expense reimbursements 0 X 2775 FMV X 4 54724 Proceeds from sale X Landscape plan 1 3000 FMV X Jewelry 1 3000 FMV X Golfing/Meal Event 1 2773 Cost X Printer/copier 1 2000 FMV 0 1 1 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Part I, Line 32b: The University uses Robert W. Baird & Co. to sell the donated securities. Form 990, Part VI, Section A, line 1 The organization has an Executive Committe that has the broad authority to act on behalf of the full board. The Executive Committee consists of the Chairman, Vice Chairman, Secretary, Treasurer, President and 2 trustees. Form 990, Part VI, Section B, line 11 Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990, with Schedule B redacted, is then forwarded to the board prior to filing. Form 990, Part VI, Section B, line 12c The board expects of itself and its members ethical and businesslike conduct. Board members must represent unconflicted loyalty to the interests of the entire organization, superseding any conflicting loyalty such as that to advocacy or interest groups and membership on other boards or staffs. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of the committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. To ensure the university operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews are conducted. Form 990, Part VI, Section B, line 15 The executive relations committee is tasked with the annual performance review and compensation recommendations for the University President. The Board of Trustees shall fix the salary of the President and may fix the salaries of other employees of the Corporation including the other officers. If the Board does not fix the salaries of the other officers, the President shall fix such salaries. The reasonableness of compensation is determined annually using a compensation study for all positions within the University. The board approved compensation is documented in the board minutes upon approval. Form 990, Part VI, Section C, line 18 The Organization's Form 990 is available for public inspection upon request or through guidestar.org. Form 1023 was filed prior to July 15, 1987, therefore it is not required to be made available to the public. Form 990, Part VI, Section C, line 19 The Organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request. Form 990, Part XII, Line 2c: The University has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This has not changed since the prior year. Irrevocable Perpetual Trust (1) Hold assets and remit income to University CA 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0