2017-03-04T13:13:57-06:00 2016-04-30 480567703 KCOE ISOM LLP 1726 COURT STREET REDDING CA 96001 990 2015-05-01 941339635 SIMPSON UNIVERSITY SIMP 5302245600 2211 COLLEGE VIEW DRIVE REDDING CA 96003 DR ROBIN K DUMMER CHIEF EXECUTIVE OFFICER 5302245600 2017-02-27 1 HOLLY L SALISBURY P00836978 5302412515 2017-02-27 2015 2021-01-29 14:40:06Z DR ROBIN K DUMMER 2211 COLLEGE VIEW DRIVE REDDING CA 96003 27252387 0 X WWW.SIMPSONU.EDU X 1955 CA SIMPSON UNIVERSITY IS A CHRIST-CENTERED LEARNING COMMUNITY COMMITTED TO DEVELOPING EACH STUDENT IN MIND, FAITH AND CHARACTER. 25 25 773 26 0 0 1559029 1511358 26715676 25047019 0 13141 592265 680869 28866970 27252387 7625732 6686361 0 0 13473605 13002493 0 0 0 8158345 8512309 29257682 28201163 -390712 -948776 27419069 28734196 21731750 23988946 5687319 4745250 SIMPSON UNIVERSITY IS A CHRIST-CENTERED LEARNING COMMUNITY COMMITTED TO DEVELOPING EACH STUDENT IN MIND, FAITH, AND CHARACTER FOR A LIFE-TIME OF MEANINGFUL WORK AND SERVICE IN A CONSTANTLY CHANGING WORLD. 0 0 22630196 6686361 25047019 SIMPSON UNIVERSITY IS AN INSTITUTION OF HIGHER LEARNING OFFERING LIBERAL ARTS AND PROFESSIONAL STUDIES DEGREES AND A GRADUATE SCHOOL. THE UNIVERSITY SERVED APPROXIMATELY 670 TRADITIONAL UNDERGRADUATE STUDENTS, 290 CONTINUING STUDIES STUDENTS, AND 190 EDUCATION AND GRADUATE LEVEL STUDENTS. 22630196 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 82 0 773 1 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OR MD AK CO WA X SIMPSON UNIVERSITY 5302445600 2211 COLLEGE VIEW DRIVE REDDING CA 96003 DR BETTY M DEAN TRUSTEE 1.00 X 0 0 0 NORMAN F REINHARDT INTERIM TRUSTEE CHAIR 1.00 X 0 0 0 MICHAEL C FITZPATRICK TRUSTEE SECRETARY 1.00 X 0 0 0 ALAN E BURCHETT TRUSTEE 1.00 X 0 0 0 REV DAVID K CLARK TRUSTEE 1.00 X 0 0 0 DR JO ANNE C CRIPE TRUSTEE VICE CHAIR 1.00 X 0 0 0 KATHY L EVANS TRUSTEE 1.00 X 0 0 0 GARY D FRIESEN TRUSTEE 1.00 X 0 0 0 RAYMOND L HOMAN TRUSTEE 1.00 X 0 0 0 JULIE K IRVING TRUSTEE 1.00 X 0 0 0 HAROLD W KIMBALL TRUSTEE 1.00 X 0 0 0 REV WILLIAM W MALICK TRUSTEE 1.00 X 0 0 0 DR THOMAS J PERRY TRUSTEE 1.00 X 0 0 0 DR JAMES M POSTMA TRUSTEE VICE CHAIR 1.00 X 0 0 0 DAVID M PRESZLER TRUSTEE 1.00 X 0 0 0 DR RAYMOND P REID TRUSTEE 1.00 X 0 0 0 DR TERRY L MORROW TRUSTEE 1.00 X 0 0 0 DAVID S RICHEY TRUSTEE 1.00 X 0 0 0 REV RANDY M SHAW TRUSTEE 1.00 X 0 0 0 LUE THAO TRUSTEE 1.00 X 0 0 0 REV RAYMOND VAN GILST TRUSTEE 1.00 X 0 0 0 DR ROBERTO D DESAGUN TRUSTEE 1.00 X 0 0 0 MARK B MATHESON TRUSTEE 1.00 X 0 0 0 DR ROBIN K DUMMER CHIEF EXECUTIVE OFFICER 40.00 X 176525 0 16943 BRADLEY WILLIAMS CHIEF FINANCIAL OFFICER 40.00 X 154706 0 15725 GORDON FLINN SECRETARY (TERM 8/15/15) 40.00 X 98832 0 11018 DEBORAH COPELAND SECRETARY (10/1/15-4/30/16) 40.00 X 38010 0 2905 468073 0 46591 5 0 1 0 0 691094 98388 721876 1511358 TUITION 611310 21500870 21500870 RESIDENCE HALLS AND MEALS 611310 2727750 2727750 OTHER 611310 818399 818399 25047019 13141 13141 655417 0 655417 655417 655417 BOOKSTORE 451211 25452 25452 25452 27252387 25047019 0 694010 6686361 6686361 517916 517916 10002634 7649686 2352948 165447 120723 44724 1513639 1024526 489113 802857 591319 211538 24737 24737 35718 35718 272868 200228 72640 420047 249144 170903 1025179 720490 304689 673006 557153 115853 712030 632572 79458 104302 62009 42293 858616 632432 226184 1147722 814673 333049 233804 185226 48578 CAMPUS MEALS 1058998 1039520 19478 EQUIPMENT MAINTENANCE 716356 441423 274933 STUDENT ACTIVITIES 269857 168407 101450 959069 854304 104765 28201163 22630196 5570967 0 3592 2585792 4446892 99970 106677 341963 440124 413434 480268 42046170 19221846 23588505 22824324 385813 435911 27419069 28734196 993751 744461 18099569 17650078 2248948 5137254 389482 457153 21731750 23988946 X 5458179 4507133 99971 106678 129169 131439 5687319 4745250 27419069 28734196 -948776 6707 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1017279 1017279 31456148 19221846 12234302 8425977 8425977 1146766 1146766 22824324 STUDENT DEPOSITS 457153 457153 X PART X, LINE 2: ON MAY 1, 2008, THE UNIVERSITY ADOPTED FASB ASC 740-10, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE UNIVERSITY'S FINANCIAL STATEMENTS IN ACCORDANCE WITH FASB ASC 740, AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC 740-10 ALSO PROVIDES GUIDANCE ON DERECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ADOPTION OF FASB ASC 740-10 DID NOT HAVE A MATERIAL EFFECT ON THE UNIVERSITY. 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 PUBLISHES ITS POLICY IN CATALOGS, PUBLICATIONS, BROCHURES, AND ADVERTISEMENTS. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FEDERAL ASSISTANCE TO AWARD FINANCIAL AID TO ELIGIBLE STUDENTS. 1 SCHOLARSHIPS $0 TO $5,000 185 491883 SCHOLARSHIPS $5,001 TO $10,000 315 2412940 SCHOLARSHIPS $10,001 TO $15,000 202 2434729 SCHOLARSHIPS $15,001 TO $20,000 29 494449 SCHOLARSHIPS $20,001 TO $25,575 34 852360 PART I, LINE 2: THE UNIVERSITY PAYS GRANTS/ASSISTANCE IN THE FORM OF SCHOLARSHIPS. ENDOWED SCHOLARSHIPS ARE AWARDED BASED ON CRITERIA STIPULATED BY THE DONOR. INSTITUTIONAL SCHOLARSHIPS ARE AWARDED ON FINANCIAL NEED, ACADEMIC PERFORMANCE, SERVICE AND FAMILY SITUATION. THE PROCESS IS MONITORED BY THE SCHOLARSHIP REVIEW COMMITTEE. FOR FEDERAL AND STATE AID, THE PROCESS IS GOVERNED BY A MULTI-STEP REVIEW PROCESS INVOLVING SEVERAL STAFF FROM THE UNIVERSITY'S STUDENT FINANCIAL SERVICES DEPARTMENT. X X 0 0 0 0 0 0 0 0 0 DR ROBIN K DUMMER CHIEF EXECUTIVE OFFICER 176525 0 0 0 0 0 6654 0 10289 0 193468 0 0 0 BRADLEY WILLIAMS CHIEF FINANCIAL OFFICER 154706 0 0 0 0 0 5436 0 10289 0 170431 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE OUTSIDE CPA PREPARES A DRAFT OF THE RETURN. THE CFO AND CONTROLLER REVIEW THE RETURN. PRIOR TO FILING, THE 990 IS SENT ELECTRONICALLY TO EACH BOARD MEMBER AND IS NOTIFIED BY PHONE CALL THAT THE RETURN WAS SENT OUT. BECAUSE THE FULL BOARD ONLY MEETS TWICE A YEAR, IN OCTOBER 2016, THE BOARD AUTHORIZED THE FINANCE COMMITTEE OF THE BOARD TO APPROVE THE FILING OF THE 990 DURING THEIR MONTHLY MEETING. THE BOARD HAS 2 WEEKS TO SUBMIT ANY COMMENTS OR QUESTIONS PRIOR TO THE FINANCE COMMITTEE AUTHORIZING THE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT IS SIGNED BY EACH MEMBER OF THE GOVERNING BOARD ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS COMPENSATION DATA COMPILED FROM THE COALITION OF CHRISTIAN COLLEGES AND UNIVERSITY'S (CCCU) NATIONAL SALARY SURVEY. THIS DATA SHOWS CURRENT EXECUTIVE SALARIES AND CONSIDERS THOSE ALONG WITH THE STANDARD EMPLOYEE PAY INCREASE FOR ALL UNIVERSITY EMPLOYEES. THE EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION FOR ALL EXECUTIVES. THE SECRETARY OF THE BOARD OF TRUSTEES SIGNS THE EMPLOYEE CONTRACTS FOR EXECUTIVES. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY WILL PROVIDE A COPY UPON REQUEST. SIMPSON UNIVERSITY FOUNDATION 2211 COLLEGE VIEW DRIVE REDDING CA 96003 680274677 UNIVERSITY SUPPORT CA 501(C)(3) LINE 7 SIMPSON UNIVERSITY 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 SIMPSON UNIVERSITY FOUNDATION C 691094