2015-04-09T11:56:57-05:00 2014-06-30 363990892 Capin Crouse LLP 2435 Research Parkway STE 200 Colorado Springs CO 80920 990 2013-07-01 840442429 Colorado Christian University COLO 3039633000 8787 W Alameda Ave Lakewood CO 80226 Daniel Cohrs Vice President/CFO 3039633000 2015-04-09 1 David C Moja P00747006 7195286225 2013 2016-02-25 16:41:14Z William Armstrong 8787 W Alameda Ave Lakewood CO 80226 87032522 0 X www.ccu.edu X 1914 CO Serving God by providing Christ-centered higher education. 20 20 1258 201 -113032 -114332 9149680 5876313 57311586 64128956 135764 3550640 98603 -128882 66695633 73427027 10884426 12424997 0 0 26078557 28086196 0 111256 1092793 20578695 23428378 57541678 64050827 9153955 9376200 76402058 87459785 20168202 23179389 56233856 64280396 X See Schedule O 0 0 48201558 12424997 57907617 Colorado Christian University is a religious institution which is accredited by the Higher Learning Commission of the North Central Association and offers both undergraduate and graduate programs designed to equip students to become leaders in their careers, communities, families and in the world. More than 5,000 CCU students are enrolled at the Lakewood Campus, at Regional Centers throughout Colorado and online via the Internet. 5127384 6221339 Auxiliary enterprises represent primarily the food and housing services provided to students of CCU. 53328942 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 0 1 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 172 0 1 1258 1 0 0 0 0 0 1 1 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 AK KY NH X Daniel Cohrs Vice PresidentCFO 3039633000 8787 W Alameda Ave Lakewood CO 80226 Gary E Armstrong Board Chair 1.00 X X 0 0 0 Don Harwell Board Treasurer 1.00 0.50 X X 0 0 0 Terry Considine Board Member 1.00 X 0 0 0 Dr Margaret Fomer Board Member 1.00 X 0 0 0 Kaye Lynn Fote Board Member 1.00 X 0 0 0 Sam Kimbriel Board Member 1.00 X 0 0 0 Harold Krause Board Member 1.00 0.50 X 0 0 0 Christine Mastin Board Member 1.00 X 0 0 0 Terry Leprino Board Member 1.00 X 0 0 0 Dr Gerald May Board Member 1.00 X 0 0 0 Doug McDonald Board Member 1.00 X 0 0 0 Lee McDowell Board Member 1.00 X 0 0 0 Tim McTavish Board Member 1.00 X 0 0 0 William Pauls Board Member 1.00 X 0 0 0 Donald Siecke Board Member 1.00 X 0 0 0 Donald Sweeting Board Member 1.00 X 0 0 0 Dr Dale Schaefer Board Member 1.00 X 0 0 0 Dr John Turner Board Member 1.00 X 0 0 0 Dr Robert Woodson Sr Board Member 1.00 X 0 0 0 William White Board Member 1.00 0.50 X 0 0 0 William Armstrong President/CEO 40.00 0.50 X 3217 0 1050 Daniel Cohrs VP/CFO 40.00 0.50 X 157524 0 16075 Thomas Scheffel Corporate Counsel/Secretary 1.00 0.50 X 5000 0 0 James McCormick VP Student Life 40.00 X 128604 0 34057 Shannon Dreyfuss VP Facilities 40.00 X 133636 0 18927 Paul Eldridge VP Development 40.00 X 127288 0 18315 Cherri Parks VP Academic Affairs 40.00 X 130188 0 14289 John Andrews Director - Centennial Institute 40.00 X 123130 0 14056 808587 0 116769 6 0 1 0 GE Johnson Construction CO Inc 25 N Cascade Ave Ste 400 Colorado Springs CO 80903 Construction 4689660 Sodexo Inc PO Box 905374 Charlotte NC 28290 Food Service 1863159 TriAd Media Solutions Inc 66 Hudson St 1st floor Hoboken NJ 07030 Advertising 960275 Platform Advertising Inc 15500 W 113th St Ste200 Lenexa KS 66219 Advertising 931538 Davis Partnership PC 2301 Blake St Ste 100 Denver CO 80205 Architect 660328 42 42437 156475 1071337 4606064 1171706 5876313 Tuition and fees 900099 56882768 56882768 Student housing 721310 3877782 3877782 Food service 721310 2242215 2242215 Events & Hosting 900099 614599 614599 Bookstore revenue 451211 101342 101342 410250 410250 64128956 358925 358925 30488 37265 -6777 -6777 -6777 7621829 9109948 6327799 7212263 1294030 1897685 3191715 3191715 19095 42437 28168 -9073 -9073 K-1 income 541610 -113032 -113032 -113032 73427027 64128956 -113032 3534790 12286317 12286317 138680 138680 186959 172001 11218 3740 21909908 20261122 1182390 466396 644326 573419 56435 14472 3787298 3316767 413419 57112 1557705 1434199 92027 31479 78727 78727 75934 75934 111256 111256 52963 52963 1014861 887869 103290 23702 5804778 284780 5515068 4930 1505315 1138305 237169 129841 887957 595239 253626 39092 2405538 2227549 175662 2327 998492 921243 55948 21301 1695766 1442780 73945 179041 306103 203409 102694 1587940 1509754 72831 5355 232898 129017 103865 16 Centennial Institute 2017482 2017482 Food service expense 1545878 1545878 Repair/maintenance 1085062 1052675 29985 2402 Small Equipment 237689 233628 3730 331 1894995 956829 938166 64050827 53328942 9629092 1092793 533543 2696897 17604083 10849023 2969340 5333036 3188843 6265418 476198 573400 60654562 18142613 25833925 42511949 12650132 10240018 12857844 8696802 288150 293242 76402058 87459785 3378705 3322240 3818598 4053451 9250000 9565005 3720899 6238693 20168202 23179389 X 53490384 61985931 2743472 2294465 56233856 64280396 76402058 87459785 9376200 -1329660 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3387516 333221 513249 147776 4086210 2992864 217835 315683 138866 3387516 2600533 524322 -14023 114784 3184 2992864 2114401 74836 445921 34625 2600533 1825491 105734 216176 33000 2114401 0.25960 0.74040 0.00000 0 1 1 7908497 7908497 18659520 7949770 10709750 1654321 447424 1206897 10869127 8136494 2732633 21563097 1608925 19954172 42511949 Alternative investments 251679 F Real estate 8445123 C 8696802 Fed govt student loan advances 316735 Deposits held 282563 Property development payables 1600630 Construction costs payable 4038765 6238693 X Part V, Line 4: CCU Endowment Foundation holds endowments with the purposes of providing educational scholarships to students of Colorado Christian University. Part X, Line 2: The financial statement effects of a tax position taken or expected to be taken are recognized in the consolidated 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 consolidated statements of activities. As of June 30, 2014, the University had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements. The University's federal Return of Organization Exempt from Income Tax Form 990 and Exempt Organization Business Income Tax Return Form 990T for the years ended June 30, 2011, 2012, and 2013 are subject to examination by the IRS, generally for three years after they were filed. 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 nondiscriminatory policy is publicized through the University's website and academic catalog. The University is able to prove it is following the policy. Schedule E, Part I, Line 6 The University receives monies for loans made to students under the National Direct Student Loan Act (Perkins Loans, supplemental educational opportunity grant program, work-study program, etc). 1 Europe (Including Iceland & Greenland) 0 0 Grants to Recipients Located in Region 40700 East Asia and the Pacific 0 0 Grants to Recipients Located in Region 33000 North America 0 0 Grants to Recipients Located in Region 32480 South America 0 0 Grants to Recipients Located in Region 13500 South Asia 0 0 Grants to Recipients Located in Region 7000 Sub-Saharan Africa 0 0 Grants to Recipients Located in Region 7000 Central America and the Caribbean 0 0 Grants to Recipients Located in Region 5000 0 0 0 0 0 0 138680 0 138680 Grant to pay for attending CCU Europe (Including Iceland & Greenland) 5 40700 Tuition & fees offset Grant to pay for attending CCU East Asia and the Pacific 4 33000 Tuition & fees offset Grant to pay for attending CCU North America 4 32480 Tuition & fees offset Grant to pay for attending CCU South America 1 13500 Tuition & fees offset Grant to pay for attending CCU South Asia 1 7000 Tuition & fees offset Grant to pay for attending CCU Sub-Saharan Africa 1 7000 Tuition & fees offset Grant to pay for attending CCU Central America and the Caribbean 1 5000 Tuition & fees offset 0 0 0 0 0 0 Part I, Line 2: Financial aid awards are disbursed to students based on the general criteria for institutional financial aid. GPA and enrollment are monitored to ensure criteria is met. Part I, line 3: Financial aid awards are disbursed to students based on the general criteria for institutional financial aid. Part III, Col (c): 17 international students received grants to attend CCU. X X X X X 1 RW Associates 2800 S University Blvd Unit 155 Denver CO 80210 Fundraising Consulting 0 0 94753 -94753 McGill Consulting 23 Guilford Road Milton MA 02186 Fundraising Consulting 0 0 16512 -16512 111265 -111265 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY Hall of Fame 31908 22702 9206 9844 Golf Classic 29624 19735 9889 18324 0 61532 42437 19095 28168 28168 -9073 1 Institutional financial assistance 1685 12286317 Part I, Line 2: Financial aid awards are disbursed to students based on the general criteria for institutional financial aid. GPA and enrollment are monitored to ensure criteria is met. X 0 0 0 0 0 0 0 0 0 Daniel Cohrs VP/CFO 156024 0 0 0 1500 0 7986 0 8089 0 173599 0 0 0 James McCormick VP Student Life 121344 0 0 0 7260 0 6264 0 27793 0 162661 0 0 0 Shannon Dreyfuss VP Facilities 126616 0 0 0 7020 0 6604 0 12323 0 152563 0 0 0 New Chapel LLC William White, a board member, is a passive investor in New Chapel, LLC. 283309 The University rents space in a building owned by New Chapel, LLC. The University paid the LLC $182,205 in rent and $101,104 in additional operating expenses during the year. 0 X 11 1146912 Sales Price X Misc Other 74 18353 FMV-Similar Asset Sa X Equipment 7 6440 FMV-Similar Asset Sa 0 0 1 0 Part I, Column (b): The number of contributions reported is the number of donations received, not the number of items donated. Form 990, Part III, Line 1 Colorado Christian University is a religious institution whose mission is to serve God by providing Christ-centered higher education. The purpose of Colorado Christian University is: - To enable students to pursue a Christ-centered undergraduate and graduate education in an institution of higher education that integrates biblical concepts with the arts, sciences and professional fields. - To encourage students to integrate their Christian faith and higher learning by developing thoughtful Christian perspectives. - To challenge students to engage in opportunities for spiritual growth, character development, social interaction and community participation. - To prepare graduates for leadership and service within their selected careers and communities. - To sustain a community of faculty, administrators and staff who exemplify Christian faith and character and excellence in their professional fields. Form 990, Part VI, Section B, line 11 The Form 990 was prepared and reviewed by an independent CPA firm and then reviewed by the CFO and the President/CEO of the organization before being filed with the IRS. Form 990, Part VI, Section B, line 12c The University's conflict of interest policy is overseen by the President. Board members and officers are required to disclose potential conflicts of interest on an annual basis. When a conflict of interest is determined to exist, all interested parties are required to recuse themselves from the deliberations and subsequent board vote. Form 990, Part VI, Section B, line 15 Compensation for the President/CEO was determined by the board. Compensation for the officers was determined by the President/CEO of the organization. In setting compensation, comparability data was gathered by HR and then used by Board and President/CEO. The deliberations and decisions regarding officer compensation are documented as part of the process. Form 990, Part VI, Section C, line 19 The organization does not make its governing documents, conflict of interest policy, or financial statements available upon request. Form 990 Part XII Line 2c - Explanation of Responsibility The University has a Business Affairs Committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed since the prior year. JeffCo Property Investors LLC 3801 E Florida Ave Suite 600 Denver CO 80210 450841433 Purchase Real Estate CO CCU Endowment Foundation 8787 W Alameda Lakewood CO 80226 841235728 Support the operations of Colorado Christian University CO 501(c)(3) Line 11 - Type 1 Colorado Christian University 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0