2017-02-15T18:55:59-07:00 2016-06-30 990 2015-07-01 941312349 CORBAN UNIVERSITY CORB 5000 Deer Park Drive SE Salem OR 97317 Kevin Brubaker Vice President for Business 5033757077 2017-02-15 2015 2021-01-29 14:40:06Z Kevin Brubaker 5000 Deer Park Drive SE Salem OR 97317 37861994 0 X www.corban.edu X 1935 OR Christian Higher Education 19 19 717 0 0 0 3217410 0 0 34644584 0 37861994 13431478 0 12495968 0 834014 11271363 0 37198809 0 663185 23792309 23692973 13352672 12590151 10439637 11102822 Christian Higher Education 0 0 17171243 13431478 28967490 To provide Graduate and Undergraduate education to students seeking bachelor and masters degrees. 4858013 0 0 To provide student services to graduate and undergraduate students 1762139 0 5204303 To provide housing and food services to graduate and undergraduate students. 6037053 0 0 Other Services 6037053 0 0 29828448 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 0 1 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 90 0 1 717 1 0 0 0 0 1 1 0 0 0 0 1 1 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X Kevin Brubaker 5033757077 5000 Deer Park Drive SE Salem OR 97317 Tim Aagard Trustee 1 X 0 0 0 Tim Baker Trustee 1 0 X 0 0 0 Douglas Beals Trustee 1 0 X 0 0 0 Darrell Beddoe Trustee 1 0 X 0 0 0 James Carlson Trustee 1 0 X 0 0 0 Tom Carlson Trustee 1 0 X 0 0 0 Glenn Duckworth Trustee 1 0 X 0 0 0 Deanna Gardiner-Garcia Trustee 1 0 X 0 0 0 James Gleason Trustee 1 0 X 0 0 0 Daniel Hill Trustee 1 0 X 0 0 0 Rod Hoff Trustee 1 0 X 0 0 0 Stephen McBee Trustee 1 0 X 0 0 0 David Nicholas Trustee 1 0 X 0 0 0 Wayne Riehle Trustee 1 0 X 0 0 0 Patty Roth Chairman - Board of Trustees 3.00 0 X 0 0 0 Erhardt Steinborn Trustee 1 0 X 0 0 0 Richard Whipps Trustee 1 0 X 0 0 0 James White Trustee 1 0 X 0 0 0 Gary Williamson Trustee 1 0 X 0 0 0 Sheldon Nord President 40 0 X X X 193001 0 0 Kevin Brubaker Vice President for Business 40 X 97819 0 0 Brenda Roth Vice President for Student Life 40 0 X 70692 0 0 Greg Eide Director of Athletics 40 0 X 78837 0 0 Dennis M Lucas Provost and Executive Vice President 40 0 X X 123139 0 0 563488 0 0 2 0 1 0 0 0 0 0 0 0 3217410 0 3217410 0 0 0 0 0 0 Other Revenue 611310 472791 472791 0 0 Tuition and Fees 611310 28967490 28967490 0 0 Auxiliary Enterprises 611310 5204303 5204303 0 0 0 0 0 0 34644584 37861994 34644584 0 0 0 0 13431478 13431478 0 0 563488 290820 272668 0 0 0 0 8516415 6824227 1245718 446470 461991 361844 77853 22294 2332383 1811276 410888 110219 621691 487786 104096 29809 2960712 1657129 1212514 91069 47080 47080 70550 70550 0 0 0 199919 199919 1049420 885914 113310 50196 378518 128831 211944 37743 403895 403895 530156 530156 0 592771 490318 56239 46214 291905 262891 29014 509230 509230 1115473 1115473 97967 97967 Loan Repayment Assistance Program 515753 515753 0 0 Athletic Equipment 284263 284263 0 0 Assets released from restriction 2164714 2164714 0 0 59037 31285 27752 0 37198809 29828448 6536347 834014 648548 358691 413230 866301 685227 525163 756534 785690 30350782 16069904 13982859 14280878 1848080 1831283 5457831 5044967 23792309 23692973 2384717 2490446 1067289 2067363 9101256 7178412 350001 450001 449409 403929 13352672 12590151 X 6715670 6722919 1212967 1803727 2511000 2576176 10439637 11102822 23792309 23692973 663185 0 0 0 0 0 X 0 1 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3112748 65176 0 0 0 0 3177924 2416859 284560 483979 72650 0 0 3112748 1896392 585644 33010 98187 0 0 2416859 1811557 98235 11185 24585 0 0 1896392 1639542 178337 18078 24000 0 0 1811957 0 0.81 0.19 0 0 402223 0 402223 23523493 0 11444652 12078841 0 0 0 0 5757773 0 4625252 1132521 667293 0 0 667293 14280878 Charitable Irrevocable Trust 1570734 F Property 74613 F Patronage Certificates 185936 C 1831283 Miscellaneous other assets 595006 Debt Issuance Costs 228690 Restricted Cash for Debt Service 231271 Land and buildings held for resale 3990000 5044967 0 Accrued Interest 213862 Split Interest Obligations 190067 403929 37861994 0 0 0 0 0 37861994 0 0 0 37861994 37198809 0 0 0 0 0 37198809 0 0 0 37198809 Schedule D, Part V, Line 4 To provide scholarships for students Schedule D, Part XI, Line 2d Income related to rental of our facilities contracts for education related services provided by Corban for other organizations. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Published in the Fall of 2015 in the Oregonian Newspaper Schedule E, Part I, Line 6 The organization receives Title IV funding for its students. East Asia and the Pacific 0 0 Program Services Corban University provides accreditation and oversight of the Teachers College at Universitas Pelitas Harapan in Jakarta, Indonesia. 0 0 0 0 0 0 0 0 0 0 1 Corban University grants and scholarships. 1130 13431478 Schedule I, Part I, Line 2 The organization utilizes financial aid software and a monitoring system to ensure that aid is awarded properly according to university, state and federal guidelines. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Sheldon Nord President 185301 0 0 0 7700 0 0 0 50563 0 243564 0 0 0 Schedule J, Part I, Line 1a A taxable housing allowance is provided for the President. Form 990, Part VI, Section B, Line 11b The 990 report is reviewed by the Finance Committee of the Board of Trustees Form 990, Part VI, Section B, Line 12c Enforcement of this policy is carried out by the executive committee of the board of Trustees on a regular basis. Form 990, Part VI, Section B, Line 15 The finance committee of the board reviewed compensation for the renewal of the contract of the President of the University in 2016. They examined the compensation of similar institutions and made recommendation to the Board of Trustees. The Board of Trustees approved the contract before being issued and signed by the President of the University. Form 990, Part VI, Section C, Line 19 All of these documents are available upon request.