2015-05-12T12:00:33-05:00 2014-06-30 363990892 Capin Crouse LLP 3010 Saturn Street Suite 205 Brea CA 92821 990 2013-07-01 941279803 William Jessup University WILL 9165772200 333 Sunset Boulevard Rocklin CA 95765 David Punt CFO 9165772200 2015-05-11 1 David C Moja P00747006 7149619300 2013 2016-02-25 16:41:14Z John Jackson 333 Sunset Boulevard Rocklin CA 95765 33801616 0 X www.jessup.edu X 1939 CA To prepare Christians for leadership and service in church and society. 22 21 523 60 0 0 2069563 5250497 25304742 28365849 80361 112683 -36407 -59226 27418259 33669803 6609855 7780018 0 0 10257726 11569712 0 0 2071896 12622509 13972226 29490090 33321956 -2071831 347847 43179242 87672965 24432352 65959173 18746890 21713792 X In partnership with the Church, the purpose of William Jessup University is to equip transformational leaders for the glory of God. Education at William Jessup University is Christ-centered, Biblical, Liberal Arts, Applied, and Missional. 0 0 29165706 7780018 28365849 William Jessup University enrolls more than 1400 students. It offers Bachelor of Arts, Bachelor of Science, and Master of Arts degree programs. Majors include a BS in Business Administration, Psychology, Criminal Justice, Christian Leadership or Organizational Leadership, a BA or BS in Psychology, English, History, Music, Creative Arts, Liberal Studies & Credentialing, Public Policy, Bible & Theology, Business Administration, Christian Leadership, Intercultural Studies, Pastoral Ministry, Youth Ministry, Family & Children's Ministry, Biology, Kinesiology, Environmental Science, Math, Computer Science. In addition, the University offers a Master of Arts in Teaching with Masters in Business Administration, Education and Leadership pending final authorizations. The MAT program is California Commission on Teacher Credentialing (CCTC) approved and is designed to help meet the subject matter competence. William Jessup University also has a certificate program in Addiction Studies. 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.William Jessup University provides a holistic educational experience for its residential and commuter students. It seeks to develop well rounded individuals, and encourages students to take advantage of residence hall living. 29165706 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 1 106 0 1 523 1 0 0 0 0 0 1 1 0 0 0 0 X 22 21 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X Diane Kim 9165772200 333 Sunset Boulevard Rocklin CA 95765 Mike West Chairman 1.00 X X 0 0 0 Pat Gelsinger Vice 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 131662 0 93623 Jon Blackstad Trustee 1.00 X 0 0 0 Bill Coyne Trustee 1.00 X 0 0 0 Patricia Cureton Trustee 1.00 X 0 0 0 Clifford Daugherty Trustee 1.00 X 0 0 0 Dan Derepentigny Trustee 1.00 X 0 0 0 Jim DeRose 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 Don Hinkle Trustee 1.00 X 0 0 0 Greg Jamison Trustee 1.00 X 0 0 0 Laurie Kubicek Trustee 1.00 X 0 0 0 Parnell M Lovelace Jr Treasurer 1.00 X 0 0 0 Wayne Nader 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 Holly Tiche Trustee 1.00 X 0 0 0 Randall Yee Trustee 1.00 X 0 0 0 Rhonda Capron Chief Strategic Officer 40.00 X 76995 0 2963 Gene DeYoung Chief Operating Officer - Part Year 40.00 X 96591 0 26085 Eric Hogue Chief Development Officer 40.00 X 66312 0 107623 Dennis Jameson Provost/Chief Academic Officer 40.00 X 70369 0 99148 Judy Rentz Chief Information Officer 40.00 X 94893 0 57720 Paul Blezien VP of Student Development 40.00 X 115310 0 10652 652132 0 397814 2 1 1 0 Bon Appetit 1000 West Temple Street Los Angeles CA 900740196 Food Service 1196062 Reeve-Knight Construction 128 Ascot Drive Roseville CA 95661 Construction 485556 Staybridge 6664 Lonetree Blvd Rocklin CA 95765 Student Housing 426413 Pride Industries PO Box 39000 Dept 34140 San Francisco CA 94139 Janitorial Services 370018 Ruffalo Cody PO Box 3018 Cedar Rapids IA 524063018 Campaign, Bulk Mailings 334043 6 137012 5113485 1054502 5250497 Tuition & fees 611710 23758452 23758452 Auxiliary services 611710 4326932 4326932 Other program revenue 611710 280465 280465 28365849 109790 109790 2893 0 2893 2893 2893 72587 137012 131813 -59226 -59226 33669803 28365849 0 53457 7780018 7780018 879702 726274 100917 52511 307247 247401 46743 13103 7864663 6828381 542226 494056 108289 87304 14232 6753 1835331 1330643 170520 334168 574480 488883 60539 25058 81537 81537 1021306 961451 59855 13447 13447 864753 218992 148383 497378 677074 254229 5 422840 725902 387478 273644 64780 110979 110483 128 368 3770273 3614053 111603 44617 475808 445721 7745 22342 68064 31135 16470 20459 1857855 1857855 1719709 1691464 7275 20970 394797 266749 128048 Student activities 687231 682563 1106 3562 Academic materials 577807 577107 700 Other expenses 484863 168765 288004 28094 Event expenses 316838 300009 2 16827 123983 108748 11225 4010 33321956 29165706 2084354 2071896 1785 1786 2658525 1847550 478520 0 86588 441783 105000 110000 262592 302811 85464973 6789092 33192441 78675881 1380196 1573951 101226 110156 49718 4319718 4862651 289329 43179242 87672965 1081963 1459909 654296 810681 22546093 63538583 150000 150000 24432352 65959173 X 16078920 18520642 1074806 1494768 1593164 1698382 18746890 21713792 43179242 87672965 347847 126240 2492815 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1455436 112534 171104 64173 1674901 3337817 185752 102517 59406 2111244 1455436 2968467 484272 -59782 55140 3337817 1731971 1157668 131468 52640 2968467 1846108 2867000 84081 3065218 1731971 0.01920 0.91700 0.06380 0 0 22734838 22734838 53518465 1983055 51535410 200230 105807 94423 8080689 4678171 3402518 930751 22059 908692 78675881 Permit allowance 150000 150000 X 26134391 126240 -7780018 -7653778 33788169 13447 -131813 -118366 33669803 25660304 131813 131813 25528491 13447 7780018 7793465 33321956 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, 2014 and 2013, 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 2d - Other Adjustments: Student aid netted with revenue per financial statements -7,780,018. Part XI, Line 4b - Other Adjustments: Fundraising expenses -131,813. Part XII, Line 2d - Other Adjustments: Fundraising expenses 131,813. Part XII, Line 4b - Other Adjustments: Investment management fees netted with investment income Student aid netted with revenue per financial statements 7,780,018. 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 32455 Europe 0 0 Travel Travel to and from the region 30386 Sub-Saharan Africa 0 0 Program Services Mission trips 26640 Sub-Saharan Africa 0 0 Travel Travel to and from the region 31280 Central America and the Caribbean 0 0 Program Services Mission Trips 34391 Central America and the Caribbean 0 0 Travel Travel to and from the region 15640 East Asia 0 0 Program Services Mission trips 10307 East Asia 0 0 Travel Travel to and from the region 11601 0 0 0 0 0 0 192700 0 192700 0 0 0 0 0 0 Warrior Golf Classic 57025 40774 16251 607 5616 5660 5525 University Fund Dinner 100688 67707 32981 9693 70929 3 51886 28531 23355 15930 1031 16822 209599 137012 72587 607 5616 31283 1031 93276 131813 -59226 1 Scholarships 982 7780018 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 131662 0 0 0 0 0 18259 0 76677 0 226598 0 0 0 Eric Hogue Chief Development Officer 66312 0 0 0 0 0 0 0 107838 0 174150 0 0 0 Dennis Jameson Provost/Chief Academic Officer 70369 0 0 0 0 0 28960 0 70415 0 169744 0 0 0 Judy Rentz Chief Information Officer 94893 0 0 0 0 0 0 0 57859 0 152752 0 0 0 Paul Blezien VP of Student Development 115310 0 0 0 0 0 4162 0 6592 0 126064 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 and the amounts received are below: J. Jackson - $60,000 E. Hogue - $60,000 D. Jameson - $60,000 B. Jessup - $20,000 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. John Jackson HomeLoan X 100000 110000 0 1 1 110000 85224 Tuition Remission James Jessup Son of Bryce Jessup, President Emeritus 63678 Compensation 0 Derek Martin Son-in-law of John Jackson, President 60975 Compensation 0 Dan Albrecht Brother-in-law of Dennis Jameson 75265 Compensation 0 X 1000 FMV X 6 679589 Proceeds from sale X Microscopes 1 205000 FMV X Fume/Filter H 1 133000 FMV X Theatre Seats 1 11000 FMV X Miscellaneous 4 7250 FMV X Tables 1 6613 FMV X Cabinets 1 5000 FMV X Monitors 1 4900 FMV X Dirt Bike 1 1150 FMV 0 1 1 Part I, Column (b): Number of contributions received Part I, Line 32b: The University uses Charles Schwab to sell the donated securities. Form 990, Part II Explanation for not reporting signatory in Part VII: David Punt became CFO after the end of the tax period ending 6/30/14. Accordingly, David Punt is not reported on Form 990, Part VII, during this tax period. Form 990, Part VI, Section A, line 4 The Restated Articles of Incorporation now include an updated Mission statement and embeds the Statement of Faith that allows for no changes unless unanimously agreed upon by the Board, and a the most important change being to WJUs incorporation from a California nonprofit public benefit corporation to a California nonprofit religious corporation. Form 990, Part VI, Section B, line 11 Form 990 is prepared by an independent CPA firm and reviewed 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.