2017-05-15T17:03:12-05:00 2016-06-30 910189318 MOSS ADAMS LLP PO BOX 22650 YAKIMA WA 989072650 990 2015-07-01 911160585 HERITAGE UNIVERSITY HERI 5098658663 3240 FORT ROAD TOPPENISH WA 989489599 VICKY SWANK VP SUPPORT SERVICE/CFO 5098658663 2017-05-15 1 HANNA KORESKI P01362850 5092487750 2017-05-15 2015 2021-01-29 14:40:06Z VICKY SWANK 3240 FORT ROAD TOPPENISH WA 989489599 53538873 0 X WWW.HERITAGE.EDU X 1981 WA HERITAGE UNIVERSITY IS A NON-PROFIT, INDEPENDANT, NON-DENOMINATIONAL ACCREDITED INSTITUTION OF HIGHER EDUCATION OFFERING UNDERGRADUATE AND GRADUATE EDUCATION. ITS MISSION IS TO PROVIDE QUALITY, ACCESSIBLE HIGHER EDUCATION TO MULTICULTURAL POPULATIONS, WHICH HAVE BEEN UNDERSERVED IN THE YAKIMA VALLEY. 31 31 592 31 0 0 5197221 2068390 28190398 26551528 647429 689432 545964 943920 34581012 30253270 5114264 4907612 0 0 19548259 19022181 0 0 987463 10527330 8962547 35189853 32892340 -608841 -2639070 52955619 50497836 12500817 13611247 40454802 36886589 X HERITAGE UNIVERSITY IS A NON-PROFIT, INDEPENDENT, NON-DENOMINATIONAL ACCREDITED INSTITUTION OF HIGHER EDUCATION OFFERING UNDERGRADUATE AND GRADUATE EDUCATION. ITS MISSION IS TO PROVIDE QUALITY, ACCESSIBLE HIGHER EDUCATION TO MULTICULTURAL POPULATIONS WHICH HAVE BEEN UNDERSERVED IN THE YAKIMA VALLEY. WITHIN ITS LIBERAL ARTS CURRICULUM, HERITAGE OFFERS STRONG PROFESSIONAL AND CAREER-ORIENTED PROGRAMS DESIGNED TO ENRICH THE QUALITY OF LIFE FOR STUDENTS AND THEIR COMMUNITIES. 0 0 6636458 3782453 4700462 TO PROVIDE STUDENTS WITH SERVICES INCLUDING FINANCIAL AID ASSISTANCE, COUNSELING, INTERNSHIPS, JOB PLACEMENT, SCHOLARSHIPS AND GRANTS. 4279679 548333 5057877 GENERAL INSTITUTION AND OPERATING EXPENSES AND INCOME, ALONG WITH AUXILARY ENTERPRISES. 13856211 576826 14170156 TO PROVIDE SERVICES TO PREDOMINANTLY MINORITY UNDERGRADUATE & GRADUATE STUDENTS WHO ARE LIVING IN AN ISOLATED LOCATION AT OR BELOW THE FEDERAL POVERTY GUIDELINES. 2483176 2623033 TO PROVIDE STUDENTS WITH ACADEMIC SUPPORT INCLUDING COMMUNITY ACCESS TO LEARNING RESOURCES, PLACEMENT TESTING AND RECORD MAINTENANCE. 2483176 2623033 27255524 1 1 0 1 0 0 0 1 0 1 1 0 0 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 1 1906 0 1 592 1 0 0 0 0 0 1 1 0 0 0 0 X 31 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CO MD MN NY OH OR SC UT WA X VICKY SWANK VP SUPPORT SERVICECFO 5098658500 3240 FORT ROAD TOPPENISH WA 989489599 ARMENDARIZ GEORGE SECOND VICE CHAIR 1.00 X X 0 0 0 BOUCHEY RENEE BOARD MEMBER 1.00 X 0 0 0 BURDICK DON BOARD MEMBER 1.00 X 0 0 0 FARINA KARLA BOARD MEMBER 1.00 X 0 0 0 FRAIRE JOHN BOARD MEMBER 1.00 X 0 0 0 GAMACHE RONALD F BOARD MEMBER 1.00 X 0 0 0 GATES MIMI BOARD MEMBER 1.00 X 0 0 0 GOLDE HELLMUT BOARD MEMBER 1.00 X 0 0 0 GUIDON MICHAEL BOARD MEMBER 1.00 X 0 0 0 HILL SAUNDRA BOARD MEMBER 1.00 X 0 0 0 HILTON KATHLEEN BOARD MEMBER 1.00 X 0 0 0 LAWRENCE DOUG BOARD MEMBER 1.00 X 0 0 0 LINNEN PAULA BOARD MEMBER 1.00 X 0 0 0 LINNEWEH RICK BOARD MEMBER 1.00 X 0 0 0 MCGREE ELIZABETH M BOARD MEMBER 1.00 X 0 0 0 MEARS THOMAS BOARD MEMBER 1.00 X 0 0 0 MONAHAN BRENDAN BOARD MEMBER 1.00 X 0 0 0 OSHIE PATRICK BOARD MEMBER 1.00 2.00 X 0 0 0 PIGOTT JIM BOARD MEMBER 1.00 X 0 0 0 PINNELL RICK CHAIR 1.00 X X 0 0 0 RAMSEY KIP SECRETARY 1.00 X X 0 0 0 REEVES JOHN BOARD MEMBER 1.00 X 0 0 0 RICH BILL BOARD MEMBER UNTIL OCTOBER 1.00 X 0 0 0 RIGDON PHILIP BOARD MEMBER 1.00 X 0 0 0 SIMMS ROY BOARD MEMBER 1.00 X 0 0 0 SMITH KEN BOARD MEMBER 1.00 X 0 0 0 STROM HENRY BOARD MEMBER 1.00 X 0 0 0 TWISS RICHARD DR BOARD MEMBER 1.00 X 0 0 0 WALLACH ELLEN BOARD MEMBER 1.00 X 0 0 0 WARNER BARRY BOARD MEMBER 1.00 X 0 0 0 WASHINES ARLEN BOARD MEMBER 1.00 X 0 0 0 WEAVER GAIL FIRST VICE CHAIR 1.00 X X 0 0 0 BASSETT JOHN UNIVERSITY PRESIDENT 40.00 2.00 X 178019 0 47199 BUSH JAMES L CIO & INTERIM COO 40.00 X 105530 0 16761 GUAGLIANONE CURTIS FORMER VP/PROVOST 40.00 X 201532 0 23512 MOORE MICHAEL FORMER VP/ADVANCEMENT 40.00 X 139373 0 16808 STROM SIRI J FORMER VP/SUPPORT SERVICES/CFO 40.00 2.00 X 142648 0 19397 WISE DAVID VP/ MARKETING 40.00 2.00 X 138971 0 19154 DALE LINDA DIR OF PHYSICIANS ASSISTAN 40.00 X 122050 0 17970 HARRISON MERRILOU DEAN, COLLEGE OF EDUCATION 40.00 X 115000 0 17458 NYRIATI CHRISTINA CHAIR DEPT OF NURSING 40.00 X 120605 0 17858 SONODA KAZUHIRO DEAN, COLLEGE OF ARTS & SCIENCE 40.00 X 116906 0 15426 VALDEZ-ZONTECK PATRICA J FORMER ASSOCIATE PROFESSOR 40.00 X 105585 0 16705 1486219 0 228248 13 0 1 0 PACIFIC NW UNIVERSITY -HEALTH SCIENCES 111 UNIVERSITY PARKWAY SUITE 202 YAKIMA WA 98901 EDUCATIONAL SERVICES 994260 YAKIMA VALLEY COMMUNITY COLLEGE PO BOX 22520 YAKIMA WA 989072520 EDUCATIONAL SERVICES 332898 EDUCATIONAL SERVICES DISTRICT #105 33 S 2ND AVENUE YAKIMA WA 98902 EDUCATIONAL SERVICES 321687 AMERGENT INC 9 CENTENNIAL DRIVE PEABODY MA 01960 MARKETING SERVICES 200900 HANNA & ASSOCIATES PO BOX 2025 COEUR DALENE ID 838162025 ADVERTISING AGENCY 127420 5 57497 2010893 354015 2068390 TUITION AND FEES 900099 21772602 21772602 FEDERAL GRANTS 900099 3787797 3787797 STATE & LOCAL GRANTS 900099 523948 523948 STUDENT FEE REVENUE 611710 467181 467181 26551528 345537 345537 23206313 22859468 2950 346845 -2950 343895 343895 376818 57497 65388 311430 311430 688366 357797 330569 330569 CHILDCARE 624410 252918 252918 EXCHANGE CONTRACTS 900099 49003 49003 301921 30253270 26551528 0 1633352 4907612 4907612 1153097 1153097 13678435 12424114 916453 337868 682830 505913 156904 20013 2225642 1643042 532582 50018 1282177 1016551 234367 31259 21486 21486 93083 93083 106521 106521 2760569 2098226 356198 306145 170181 14424 152946 2811 2010721 1643698 183158 183865 566483 30667 509870 25946 778465 933785 -155320 593761 541711 44459 7591 80213 65266 8256 6691 395748 291524 95719 8505 1160994 866524 294470 175912 8066 167846 BAD DEBTS 48410 3526 38133 6751 TRANSFERS 0 260875 -260875 32892340 27255524 4649353 987463 2030008 84309 2259587 2104820 1718867 591725 1042888 660594 71628 98042 29173 46920 38939116 10235444 28815839 28703672 16296716 17526594 472226 450112 218687 231048 52955619 50497836 2520806 3913805 469210 429169 718772 776416 8792029 8491857 12500817 13611247 X 34284421 30664364 3143636 3195480 3026745 3026745 40454802 36886589 52955619 50497836 -2639070 -929143 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 3805 3805 0 PART II-B, LINE 1: NATIONAL ASSOCIATES OF INDEPENDENT COLLEGES (ICW)#3033170 MEMBERSHIPS DUES WHICH A PORTION MAY GO TO LOBBYING FOR INDEPENDENT COLLEGES. ICW USED 5.3% OF THEIR DUES ON LOBBYING. 0 96772 X 0 15011132 446014 -203924 663482 14589740 13289841 1834035 431312 544056 15011132 11659514 377976 1851043 598692 13289841 10530861 340684 1159987 372018 11659514 10475380 365750 21876 332145 10530861 0.73000 0.20000 0.07000 0 0 307913 307913 34005303 8297815 25707488 3068594 1376434 1692160 1557306 561195 996111 28703672 X 24856517 -929143 440002 -489141 25345658 4907612 4907612 30253270 28382133 397405 397405 27984728 4907612 4907612 32892340 PART III, LINE 4: LOCAL HISTORICAL ARTWORK OF THE COWICHE CANYON OUTSIDE YAKIMA, WA. THE COLLECTION OF ART HELPS SUPPORT THE UNIVERSITY'S ART DEPARTMENT/PROGRAM, ALONG WITH THE ART WING IN THE NEW BUILDING. THE ART WING DISPLAYS VARIOUS PIECES OF ART, INCLUDING THE DONATED PIECES. PART V, LINE 4: ENDOWMENTS ARE USED TO FUND SCHOLARSHIPS AND ACADEMIC PROGRAMS. PART X, LINE 2: THE UNIVERSITY IS A TAX-EXEMPT ORGANIZATION QUALIFYING UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE UNIVERSITY'S TAX-EXEMPT PURPOSE WOULD BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE UNIVERSITY DID NOT ENGAGE IN AN ACTIVITY UNRELATED TO ITS TAX-EXEMPT PURPOSE; ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT ADOPTED THE PROVISIONS RELATED TO ACCOUNTING FOR UNCERTAINTIES IN INCOME TAXES AND HAS DETERMINED THEY HAVE NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2016 AND 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD RECLASSIFIED FROM EXPENSES 357,797. FUNDRAISING EXPENSE RECLASSIFIED FROM EXPENSES 65,389. LOSS ON PP&E 2,950. INCOME FROM SUBSIDIARIES NOT CONSOLIDATED FOR TAX RETURN 13,866. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS RECLASSIFIED TO EXPENSES 4,907,612. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD RECLASSIFIED TO REVENUES 357,797. FUNDRAISING EXPENSE RECLASSIFIED TO REVENUES 65,389. LOSS ON PP&E 2,950. EXPENSES FROM SUBSIDIARIES NOT CONSOLIDATED FOR TAX RETURN -28,731. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS RECLASSIFIED FROM REVENUES 4,907,612. 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 NONDISCRIMINATORY POLICY IN THE OFFICIAL COURSE CATALOG. THIS INFORMATION IS ALSO FOUND ON THE HERITAGE WEB SITE. THE MISSION OF THE UNIVERSITY IS TO SERVE MULTI-CULTURAL POPULATIONS AND IS WIDELY ADVERTISED AND COMMUNICATED AS SUCH. SCHEDULE E, PART I, LINE 6 HERITAGE UNIVERSITY RECEIVES VARIOUS GRANTS FROM GOVERNMENTAL AGENCIES SUCH AS; PELL GRANTS, DEPARTMENT OF EDUCATION GRANTS, EQUAL OPPORTUNITY GRANTS, AND OTHER GRANTS. SCHOLARSHIP DINNER 434315 57497 376818 4962 33745 26681 434315 57497 376818 4962 33745 26681 65388 311430 1 HERITAGE FUNDED AID 2051 3795606 FMV AWARDS, DISCOUNTS, WAIVERS, HERITAGE GRANTS ENDOWED SCHOLARSHIPS 859 548333 GRANT SCHOLARSHIPS 66 237046 DONOR AID 294 248533 FSEOG 383 78094 PART I, LINE 2: HERITAGE UNIVERSITY PARTICIPATES IN FEDERAL GRANTS AND LOAN PROGRAMS. ALL OF THE STUDENT AWARDING PROCESS IS DOCUMENTED IN THE SOFTWARE USED TO DETERMINE ELIGIBILITY AND TRACK STUDENT AWARDS. FOR THOSE AWARDS WITH SUBJECTIVE SELECTION CRITERIA, THE DOCUMENTATION IS MAINTAINED BY THE PERSON RESPONSIBLE FOR SUCH AWARDS OR GRANTS. HERITAGE UNIVERSITY UNDERGOES A YEARLY AUDIT OF THE GRANTS AND OTHER FEDERAL FUNDS IN ACCORDANCE WITH A-133; A-87; AND OTHERS. X X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 BASSETT JOHN UNIVERSITY PRESIDENT 178019 0 0 0 0 0 12461 0 34738 0 225218 0 0 0 GUAGLIANONE CURTIS FORMER VP/PROVOST 201532 0 0 0 0 0 14086 0 9426 0 225044 0 0 0 MOORE MICHAEL FORMER VP/ADVANCEMENT 139373 0 0 0 0 0 9756 0 7052 0 156181 0 0 0 STROM SIRI J FORMER VP/SUPPORT SERVICES/CFO 142648 0 0 0 0 0 9971 0 9426 0 162045 0 0 0 WISE DAVID VP/ MARKETING 138971 0 0 0 0 0 9728 0 9426 0 158125 0 0 0 PART I, LINE 1A HERITAGE UNIVERSITY PURCHASED A HOUSE ON 7/1/2011 FOR USE BY THE PRESIDENT AS A PERSONAL RESIDENCE AND OTHER UNIVERSITY FUNCTIONS. THE PERSONAL USE OF THE HOUSE IS TREATED AS TAXABLE COMPENSATION TO DR. BASSETT. TAXABLE GROSS UP PAYMENTS ARE MADE TO THE PRESIDENT RELATING TO CERTAIN TAXABLE BENEFITS. A WASHINGTON HIGHER EDUCATION FACILITIES AUTHORITY SERIES 2013 911306482 2013-10-28 9000000 REFUND 2007 BOND AND FUND BUILDING CONSTRUCTION 0 0 0 A 2012587 11998000 145709 7349847 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 0 1 0 0 0 0 A 0 SCHEDULE K PART I COLUMN (E) THERE WAS ADDITIONAL BORROWING DURING 2014/2015 FOR $2,998,000. KAY BASSETT SPOUSE OF PRESIDENT BASSETT 44384 SALARY AND WAGES PAID TO KAY 0 X 1 17300 MARKET VALUE X 1 331736 APPRAISAL & SELLING PRIC X MISC 13 4979 MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE CONTROLLER GENERATES THE RETURN INFORMATION, WITH REVIEW ASSISTANCE BY VARIOUS HERITAGE PERSONNEL. THE INTERIM CFO REVIEWS THE SUPPORTING SCHEDULES AND THE RETURN. THE PRESIDENT IS INVITED TO REVIEW THE RETURN BEFORE FILING. ONCE THE RETURN IS COMPLETED, HERITAGE WILL SEND OUT NOTICE TO THE BOD TO NOTIFY THEM THAT THE RETURN IS AVAILABLE FOR INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C TOP MANAGEMENT (PRES. & VP'S) MONITOR EACH OTHER AND THE BOARD ON AN ANNUAL BASIS BY DIRECT DISCUSSION, FINANCIAL TRANSACTION REVIEW, AND PUBLIC INVOLVEMENT REVIEWS. IF THERE IS A CONFLICT OF INTEREST, THE BOARD MEMBER WOULD ABSTAIN FROM ANY DECISION OR VOTE. ALL MEMBERS OF THE BOARD ARE REQUIRED TO SIGN AN ADDIDAVIT CONFIRMING THAT THEY HAVE NO CONFLICTS OF INTEREST WITH THE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 15 EVERY YEAR, COMPENSATION FOR TOP MANAGEMENT IS DONE BY USING COMPARATIVE DATA PROVIDED BY CUPA. THE DATA IS REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD WHICH IS COMPRISED OF THE BOARD CHAIR, FINANCE COMMITTEE CHAIR, PRESIDENT OF THE UNIVERSITY AND THE CFO. THE RESULTS OF THE REVIEW ARE NOTED IN THE MEETING MINUTES FILED WITH THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO ANYONE UPON REQUEST. CONFLICT OF INTEREST POLICY IS NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C: SAME AS PRIOR YEAR. HERITAGE U LEVERAGE LENDER 3240 FORT RD TOPPENISH WA 98948 475284384 LEVERAGE LENDING SUPPORT FOR HERITAGE UNIVERSITY WA 501(C)(3) LINE 11D, III-O HERITAGE UNIVERSITY 1 HERITAGE U BUILDING SUPPORT 3240 FORT RD TOPPENISH WA 98948 475071980 BUILDING SUPPORT FOR HERITAGE UNIVERSITY WA 501(C)(3) LINE 11A, I HERITAGE UNIVERSITY 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 HERITAGE U LEVERAGE LENDER A 11998 HERITAGE U LEVERAGE LENDER R 6587500