2014-05-12T17:58:28-05:00 2013-06-30 363990892 Capin Crouse LLP 3010 Saturn Street Suite 205 Brea CA 92821 990 2012-07-01 941279803 William Jessup University WILL 9165772200 333 Sunset Boulevard Rocklin CA 95765 John Jackson 9165772200 2014-05-12 1 David C Moja P00747006 7149619300 2012 2015-11-30 17:44:51Z John Jackson 333 Sunset Boulevard Rocklin CA 95765 27911883 0 X www.jessup.edu X 1939 CA To prepare Christians for leadership and service in church and society. 22 20 426 60 0 0 1066064 2069563 22085139 25304742 176106 80361 -23839 -36407 23303470 27418259 5704372 6609855 0 0 7824656 10257726 0 0 1383822 10446211 12622509 23975239 29490090 -671769 -2071831 47592696 43179242 26842900 24432352 20749796 18746890 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. [Continue on Sch O] The University is regionally accredited by the Western Association of Schools and Colleges and offers a variety of academic programs leading to a Bachelor of Arts or a Bachelor of Science degree. In addition, it offers two Associate of Arts degrees and a variety of undergraduate and graduate certificate programs. 0 0 26024474 6609855 25304742 William Jessup University enrolls more than 1000 students. It offers Associate of Arts, Bachelor of Arts, Bachelor of Science, and Master of Arts degree programs. Majors include a BS in Business Administration, Counseling Psychology, or Christian Leadership, a BA in Psychology, English, History, Music, Liberal Studies/Teacher Education, Public Policy, Bible & Theology, Business Administration, Family & Children's Ministry, Intercultural Studies, Pastoral Ministry, or Youth Ministry. Two Associate of Arts degrees are offered in Bible and in Ministry. In addition, the University offers a Post-Baccalaureate, Teaching Credential. This one year program prepares students for their Multiple Subject Preliminary Teaching Credential. [Continue on Sch O]The program is California Commission on Teacher Credentialing (CCTC) approved and is designed to help meet the subject matter competence. William Jessup University also has certificate programs in Bible, Addiction Studies, Children's Ministry, Counseling, Family Ministry, Intercultural Studies, Management, Music and Worship, Pastoral Ministry, and Youth Ministry. In 2013 The University has rolled out its first master's degree program. In the program, students can earn either a single subject or multiple subject California preliminary teaching credential and a master of arts degree.An important aspect of William Jessup University is a student's residence life experience. Holistic education seeks to develop well rounded individuals, and living in a WJU residence hall provides opportunities for growth and development outside the classroom. As a residential university, WJU desires to have its students live in campus housing. There are 394 beds in dorms and apartments. 26024474 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 1 65 0 1 426 1 0 0 0 0 0 1 1 0 0 0 0 X 22 20 1 0 0 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 Pat Gelsinger 1.00 X X 0 0 0 Bill Coyne 1.00 X X 0 0 0 Wayne Nader 1.00 X X 0 0 0 Kenneth Oosting 1.00 X X 0 0 0 John Jackson 40.00 X X 116070 0 86067 Gene De Young 40.00 X X 131797 0 50071 Pete Bernardoni 1.00 X 0 0 0 Marc Bigelow 1.00 X 0 0 0 Jon Blackstad 1.00 X 0 0 0 Patricia Cureton 1.00 X 0 0 0 Dan Derepentigny 1.00 X 0 0 0 Jim DeRose 1.00 X 0 0 0 Roger Edrington 1.00 X 0 0 0 Don Hinkle 1.00 X 0 0 0 Greg Jamison 1.00 X 0 0 0 Laurie Kubicek 1.00 X 0 0 0 Brett Neal 1.00 X 0 0 0 Barry Smith 1.00 X 0 0 0 Holly Tiche 1.00 X 0 0 0 Mike West 1.00 X 0 0 0 Randall Yee 1.00 X 0 0 0 Bonnie Gore 1.00 X 0 0 0 Paul Blezien 40.00 X 113781 0 16662 Eric Hogue 40.00 X 118991 0 45683 Dennis Jameson 40.00 X 62376 0 88036 Bryce Jessup 1.00 X 11250 0 24476 554265 0 310995 4 1 1 0 Reeve-Knight Construction 128 Ascot Drive Roseville CA 95661 Construction 9819203 Webb Design 130 S Prospect Ave Tustin CA 92780 Construction Design 2361973 Bon Appetit 1000 West Temple Street Los Angeles CA 900740196 Food Service 1106647 Staybridge 6664 Lonetree Blvd Rocklin CA 95765 Student Housing 274477 The Taylor Group of Architects of Califo 10 River Park Place East Ste 208 Fresno CA 937201535 Architecture Design 246474 10 175505 1894058 1026893 2069563 Tuition & fees 611710 21282084 21282084 Auxiliary services 611710 3823062 3823062 Other program revenue 611710 199596 199596 25304742 81339 81339 395406 396384 -978 -978 -978 60833 175505 97240 -36407 -36407 27418259 25304742 0 43954 6609855 6609855 413483 341368 47434 24681 147784 118998 22483 6303 7371447 6156793 807538 407116 69492 50815 17263 1414 1751934 1343440 228112 180382 503586 414234 58241 31111 56524 56524 125765 9701 96662 19402 13752 13752 294444 26697 267747 620730 460528 2774 157428 747662 443405 219357 84900 75713 74615 283 815 617 617 3754958 3597139 112345 45474 348783 311122 9895 27766 33359 16973 11044 5342 1811734 1811734 1327562 1305758 5616 16188 408452 297560 110892 Student activities 1655678 1652358 340 2980 Academic materials 581091 581091 Event expenses 355942 259044 13054 83844 Other expenses 271140 61421 197180 12539 138603 105905 24308 8390 29490090 26024474 2081794 1383822 1446928 1785 6431204 2658525 1434513 478520 70056 86588 100000 105000 306627 262592 38534701 5342260 31513809 33192441 1091602 1380196 92931 101226 48746 49718 5056280 4862651 47592696 43179242 2816623 1081963 613563 654296 23262714 22546093 150000 150000 26842900 24432352 X 17280553 16078920 2030291 1074806 1438952 1593164 20749796 18746890 47592696 43179242 -2071831 68925 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3337817 185752 102517 59406 2111244 1455436 2968467 484272 -59782 55140 3337817 1731971 1157668 131468 52640 2968467 1846108 2867000 84081 3065218 1731971 1976597 1952336 -119897 1963293 -365 1846108 0.00330 0.99670 0.00000 0 0 1617185 1617185 28949570 1332523 27617047 7216742 3990617 3226125 751204 19120 732084 33192441 Campus leasehold asset 4596253 Trust assets 71113 Beneficial interest in trust assets held by third parties 195285 4862651 Permit allowance 150000 150000 20960817 68925 -6623607 -6554682 27515499 -97240 -97240 27418259 22963723 97240 97240 22866483 6623607 6623607 29490090 Description of Intended Use of Endowment Funds: Part V, Line 4: Student Scholarships. Part XI, Line 2d - Other Adjustments: Investment management fees netted with investment income -13,752. Student aid netted with revenue per financial statements -6,609,855. Part XI, Line 4b - Other Adjustments: Fundraising expenses -97,240. Part XII, Line 2d - Other Adjustments: Fundraising expenses 97,240. Part XII, Line 4b - Other Adjustments: Investment management fees netted with investment income 13,752. Student aid netted with revenue per financial statements 6,609,855. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Explanation of Nondiscriminatory Policy Publication 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." Explanation of Government Financial Assistance 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 5264 Europe 0 0 Travel Travel to and from the region 9152 South America 0 0 Program Services Mission trips 10583 South America 0 0 Travel Travel to and from the region 12375 Sub-Saharan Africa 0 0 Program Services Mission trips 10573 Sub-Saharan Africa 0 0 Travel Travel to and from the region 10566 Central America and the Caribbean 0 0 Program Services Mission Trips 13490 Central America and the Caribbean 0 0 Travel Travel to and from region 10110 East Asia 0 0 Program Services Mission trips 8855 East Asia 0 0 Travel Travel to and from the region 11519 Europe 0 0 Program Services Mission Trips 19251 Europe 0 0 Travel Travel to and from region 16139 0 0 0 0 0 0 82113 55764 137877 0 0 0 0 0 0 Warrior Golf Classic 60910 41625 19285 6102 7107 21093 University Fund Dinner 138870 118860 20010 8312 42516 2 36558 15020 21538 761 4666 6683 236338 175505 60833 6863 20085 70292 97240 -36407 1 Scholarships 833 6609855 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, 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 1 0 0 0 0 0 0 0 0 John Jackson 111270 0 0 0 4800 0 8909 0 86418 0 211397 0 0 0 Gene De Young 131797 0 0 0 0 0 2416 0 47655 0 181868 0 0 0 Eric Hogue 118991 0 0 0 0 0 0 0 45683 0 164674 0 0 0 Dennis Jameson 62376 0 0 0 0 0 20178 0 69418 0 151972 0 0 0 Bryce Jessup 11250 0 0 0 0 0 0 0 24476 0 35726 0 0 0 Part I, Line 1a A housing allowance is provided to the university's president. 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. Part I, Line 4a Paul Blezian - severance payment of $113,300. John Jackson HomeLoan X 100000 105000 0 1 1 105000 56936 Tuition Remission Spencer DeYoung Son of Gene DeYoung, former COO) 10442 Compensation 0 James Jessup Son of Bryce Jessup, President Emeritus 62245 Compensation 0 Karen DeYoung Wife of Gene DeYoung, COO 39393 Compensation 0 Derek Martin Son-in-law of John Jackson, President 35703 Compensation 0 X 6000 FMV X 3 1010893 Proceeds from sale X Whirlpooltub 1 1500 FMV X Work Utility Vehicle 1 8500 FMV 0 0 0 Method for Determining Number of Contributions: Part I, Column (b): Number of contributions. Form 990, Part VI, Section A, line 2 The following directors had a business relationship during the tax period- Ken Oosting and Patrick Gelsinger. These directors are recused from any board vote related to the business relationship. 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 for review 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. Explanation of Responsibility 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.