2014-10-15T13:34:38-05:00 2014-05-31 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2013-06-01 910615846 NORTHWEST UNIVERSITY NORT 4258895216 PO BOX 579 KIRKLAND WA 98083 JOHN JORDAN CFO 4258895216 2014-10-10 1 SARA ELIZABETH J HYRE P00235495 4254544919 2014-10-10 2013 2015-11-30 17:44:51Z JOSEPH CASTLEBERRY PO BOX 579 KIRKLAND WA 98083 41858606 0 X WWW.NORTHWESTU.EDU X 1955 WA POST-SECONDARY EDUCATION IN A CHRISTIAN ENVIRONMENT 32 29 765 32 0 0 994445 1095206 37238039 39721465 244051 439098 349901 351805 38826436 41607574 11712066 11786633 0 0 15748588 16226151 0 0 363899 12833318 13091692 40293972 41104476 -1467536 503098 59992643 60159585 41983818 40692467 18008825 19467118 X WE, THE PEOPLE OF NORTHWEST UNIVERSITY, CARRY THE CALL OF GOD BY CONTINUALLY BUILDING A LEARNING COMMUNITY DEDICATED TO SPIRITUAL VITALITY, ACADEMIC EXCELLENCE, AND EMPOWERED ENGAGEMENT WITH HUMAN NEED. 0 0 31922973 11786633 34505414 POSTSECONDARY EDUCATION: NORTHWEST UNIVERSITY PROVIDES POSTSECONDARY EDUCATION FOR APPROXIMATELY 1,800 STUDENTS ON CAMPUSES IN KIRKLAND, WA, SALEM, OR, NAMPA, ID, SACRAMENTO, CA AND VIA ONLINE LEARNING MODALITIES. INCLUDED AMONG THESE STUDENTS ARE TWENTY SEVEN ACTS 6 SCHOLARS. THESE STUDENTS RECEIVE FULL NEED SCHOLARSHIPS AND COME FROM URBAN SCHOOLS. THEY HELP TO INCREASE THE DIVERSITY OF THE UNIVERSITY POPULATION AND HAVE FILLED IMPORTANT STUDENT LEADERSHIP POSITIONS. NORTHWEST UNIVERSITY ALSO PREPARES OUR STUDENTS TO BE PROFESSIONALS AND LAY LEADERS FOR CHURCH MINISTRIES AND OTHER NOT-FOR-PROFIT MINISTRY ORGANIZATIONS. SEVERAL OF OUR UNDERGRADUATE AND GRADUATE STUDENTS PARTICIPATE IN MISSION TRIPS TO OTHER COUNTRIES, AS WELL AS STUDY ABROAD OPPORTUNITIES THAT ARE PRESENTED TO THEM. AS PART OF OUR SENIOR NURSING STUDENTS' CLINICAL ROTATIONS THEY SPEND ONE MONTH WORKING IN OTHER COUNTRIES, OR A REMOTE AREA OF ALASKA, LEARNING TO APPLY THEIR CLASSROOM LEARNING INTO PRACTICAL EXPERIENCES. IN ADDITION, STUDENTS IN OUR INTERNATIONAL COMMUNITY DEVELOPMENT PROGRAM ARE GIVEN INTERNSHIP OPPORTUNITIES WORKING WITH NOT-FOR-PROFIT ORGANIZATIONS SPECIALIZING IN INTERNATIONAL DEVELOPMENT EFFORTS. OUR DOCTOR OF PSYCHOLOGY PROGRAM HAS STARTED A LOW OR NO COST MENTAL HEALTH CLINIC TO PROVIDE COUNSELING SERVICES TO LOW INCOME INDIVIDUALS UTILIZING STUDENTS, WITH FACULTY OVERSIGHT, PROVIDING THE COUNSELING SERVICES. NORTHWEST UNIVERSITY SEEKS TO CARRY THE CALL OF GOD THROUGH OUR STUDENTS AND AROUND THE WORLD AS WE BUILD A LEARNING COMMUNITY DEDICATED TO SPIRITUAL VITALITY, ACADEMIC EXCELLENCE AND EMPOWERED ENGAGEMENT WITH HUMAN NEED. 3252560 5184531 POSTSECONDARY EDUCATION: UNIVERSITY HOUSING AND FOOD SERVICE FOR STUDENTS DURING THE 2013-14 ACADEMIC YEAR; APPROX 1,800 FTE STUDENTS. 84653 31520 POSTSECONDARY EDUCATION: UNIVERSITY BOOKSTORE AND CAFE ARE CONTRACTED OUT TO A THIRD PARTY. BOTH SERVICED APPROX 1,800 FTE STUDENTS DURING THE 2013-14 ACADEMIC YEAR. 35260186 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 2255 0 1 765 1 0 0 0 0 0 1 1 0 0 0 0 X 32 29 1 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 WA X X JOHN JORDAN 4258897788 5520 - 108TH AVENUE NE PO BOX 579 KIRKLAND WA 98083 ALAN SCHABERG DIRECTOR 2.00 0.00 X 0 0 0 ALAN WARNEKE DIRECTOR 1.00 0.00 X 0 0 0 BARBARA PETTY VICE CHAIR 2.00 0.00 X X 0 0 0 BILL WELCH DIRECTOR 1.00 0.00 X 0 0 0 BILL WILSON DIRECTOR 1.00 0.00 X 13743 0 0 BOYD POWERS TREASURER 2.00 0.00 X X 0 0 0 BYRON PERKINS DIRECTOR 1.00 0.00 X 0 0 0 CHRIS EDWARDSON DIRECTOR 1.00 0.00 X 0 0 0 DAN SCHIMELPFENIG DIRECTOR 1.00 0.20 X 0 0 0 DAVE COLE DIRECTOR 1.00 0.00 X 0 0 0 DAVE PHILLIPS DIRECTOR 1.00 0.00 X 0 0 0 DAVE VEACH DIRECTOR 1.00 0.00 X 0 0 0 DON DETRICK DIRECTOR 1.00 0.00 X 2800 0 0 DOYLE FULKES DIRECTOR 2.00 0.00 X 3924 0 0 EUGENE SMITH DIRECTOR 1.00 0.00 X 0 0 0 GARY KING DIRECTOR 1.00 0.00 X 0 0 0 GEORGE REECE DIRECTOR 1.00 0.00 X 0 0 0 GINI SMITH DIRECTOR 1.00 0.00 X 0 0 0 JAMES BRADDY DIRECTOR 2.00 0.00 X 0 0 0 JESSE GALINDO DIRECTOR 1.00 0.00 X 0 0 0 JIM RICE DIRECTOR 1.00 0.00 X 0 0 0 JOHN FOX DIRECTOR 1.00 0.00 X 18116 0 0 JOSEPH CASTLEBERRY UNIVERSITY PRESIDENT 32.00 8.00 X X 115442 0 114472 KAY PENG KHOO DIRECTOR 1.00 0.00 X 0 0 0 KRISTEN WAGGONER DIRECTOR 1.00 0.00 X 1000 0 0 HILARIO GARZA DIRECTOR 1.00 0.00 X 0 0 0 MARK ZWEIFEL DIRECTOR 1.00 0.00 X 0 0 0 ROBERT BUNBURY DIRECTOR 1.00 0.00 X 0 0 0 ROSIE BARRIOS DIRECTOR 1.00 0.00 X 0 0 0 SALLEE CONN SECRETARY 2.00 0.00 X X 0 0 0 TONY PIZELO DIRECTOR 1.00 0.00 X 0 0 0 WARREN BULLOCK DIRECTOR 2.00 0.00 X 0 0 0 JOHN JORDAN CFO 32.00 8.00 X 52023 0 64964 RON JACOBSON DEAN, SCHOOL OF EDUCATION 40.00 0.00 X 106175 0 4669 313223 0 184105 2 0 1 0 NATIONAL MANAGEMENT RESOURCE PO BOX 1224 LAGRANGE GA 30241 FACILITY AND LANDSCAPE MAINTENANCE 1679650 PIONEER COLLEGE CATERERS 303 GLENROSE AVE NASHVILLE TN 37210 STUDENT FOOD SERVICES 1034952 SYNERGY CAMPUS SECURITY PO BOX 1224 LAGRANGE GA 30241 SECURITY PATROL 264669 SAVANT LEARNING SYSTEMS 311 S LINDELL ST MARTIN TN 38237 ON-LINE LEARNING 155794 4 62169 50902 157243 824892 31339 1095206 TUITION AND FEES 611600 34505414 34505414 STUDENT HOUSING 611710 5184531 5184531 CAFE AND STUDENT PRGMS 611710 27596 27596 BOOKSTORE 611710 3924 3924 39721465 337749 337749 198595 0 198595 198595 198595 139524 82728 0 120903 139524 -38175 101349 101349 42402 62169 130129 -87727 -87727 STUDENT SUPPORT FEES 611710 222338 222338 ATHLETIC EVENTS 711210 18599 18599 240937 41607574 39721465 0 790903 11786633 11786633 467350 346017 111092 10241 8985 8086 809 90 12376630 11074370 1060646 241614 470285 421904 41773 6608 1987860 1818375 150765 18720 915041 814104 84100 16837 34940 34940 58489 58489 31335 31335 2866835 2666104 200731 439524 31627 407897 1223852 689332 534520 512919 471791 41128 1895337 1689263 170660 35414 1525301 1506597 18142 562 82555 55049 25656 1850 1474383 1429779 14193 30411 2075460 2075460 241912 35190 206722 DUES,FEES,SUBSCRIPTIONS 288049 214439 73538 72 MISCELLANEOUS OTHER EXP 162619 134738 26401 1480 BAD DEBT EXPENSE 111394 111394 GRADUATION EXPENSE 66788 66788 41104476 35260186 5480391 363899 1692154 956642 1061309 1588284 1598739 2084749 487250 354146 63578 75979 264499 66594000 19210694 48182245 47383306 6324136 7026339 507253 501620 59992643 60159585 2458371 2727281 2286902 1941483 27150000 27150000 4145000 3505000 5943545 5368703 41983818 40692467 X 17931617 19353888 77208 113230 18008825 19467118 59992643 60159585 X 503098 302230 652965 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6843639 102796 315878 139612 7122701 6478764 116281 399672 151078 6843639 7594637 299427 609357 177129 34105 8292187 6873582 173691 681945 133822 759 7594637 6318104 349864 345230 139616 6873582 0.41750 0.51430 0.06820 0 1 1 3307918 3307918 56015976 15719367 40296609 7183937 3491327 3692610 86169 86169 47383306 GOVERNMENTAL STUDENT LOAN PROGRAMS 706794 STUDENT DEPOSITS 840494 SPLIT INTEREST AGREEMENT OBLIGATIONS 287102 ASSET RETIREMENT OBLIGATIONS 154726 INTEREST RATE SWAP AGREEMENT LIABILITY 3379587 5368703 31849335 302230 -10159259 -9857029 41706364 -98790 -98790 41607574 29571779 285271 285271 29286508 11817968 11817968 41104476 PART V, LINE 4: THE ENDOWMENT IS HELD BY NORTHWEST UNIVERSITY FOUNDATION. THE ENDOWMENT IS USED PRIMARILY TO GENERATE REVENUE TO SUPPORT SCHOLARSHIPS FOR STUDENTS TO STUDY AT NORTHWEST UNIVERSITY. OTHER ENDOWMENT FUNDS SUPPORT THE UNIVERSITY DIRECTLY BY ADDING ADDITIONAL REVENUE TO THE UNIVERSITY. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENT 652,965. REVENUE REPORTED ON NORTHWEST UNIVERSITY FOUNDATION'S TAX RETURN 1,005,744. FINANCIAL AID REPORTED WITH REVENUE IN THE AUDITED FINANCIAL STATEMENTS -11,786,633. INVESTMENT EXPENSES NETTED WITH INTEREST/DIVIDEND INCOME ON FINANCIALS -31,335. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED WITH EXPENSES ON THE FINANCIAL STATEMENTS -98,790. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES REPORTED ON NORTHWEST UNIVERSITY FOUNDATION'S TAX RETURN 186,481. FUNDRAISING EXPENSES REPORTED WITH REVENUE ON THE TAX RETURN 98,790. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED WITH REVENUE IN THE AUDITED FINANCIAL STATEMENTS 11,786,633. INVESTMENT EXPENSES NETTED WITH INTEREST/DIVIDEND INCOME 31,335. SCHEDULE D, PART V, LINE 1A, COLUMN B: IN PREPARING LAST YEAR'S FORM 990, IT WAS DISCOVERED THAT PRIOR YEARS HAD COMBINED BOTH THE ENDOWMENTS AS WELL AS ANNUITIES AND CHARITABLE REMAINDER TRUSTS. THE BEGINNING BALANCE FOR THE PRIOR YEAR HAS BEEN RESTATED TO REFLECT THE PROPER BALANCE OF THE ENDOWMENT FUNDS. 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 MEETS SECTION 2(B) OF REVENUE PROCEDURE 75-50. THE UNIVERSITY HAS SATISFIED THE PUBLICITY REQUIREMENTS BY COMPLYING WITH SECTION 4.02 OF THE SAME REVENUE PROCEDURE. SCHEDULE E, PART I, LINE 6 NORTHWEST UNIVERSITY RECEIVES TITLE IV FINANCIAL AID THAT IS DISBURSED TO ELIGIBLE STUDENTS ATTENDING THE UNIVERSITY. SOUTH ASIA 0 0 PROGRAM SERVICES MISSION TRIP 652 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES MISSION TRIP 1709 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES MISSION TRIP 18845 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES MISSION TRIP 21667 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES NURSING INTERNATIONAL STUDY TOUR 44129 SOUTH ASIA 0 0 PROGRAM SERVICES NURSING INTERNATIONAL STUDY TOUR 25064 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES NURSING INTERNATIONAL STUDY TOUR 20019 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES NURSING INTERNATIONAL STUDY TOUR 36347 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES NURSING INTERNATIONAL STUDY TOUR 20917 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES CAS INTERNATIONAL STUDY TOUR 22048 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES CAS INTERNATIONAL STUDY TOUR 21576 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES COM INTERNATIONAL STUDY TOUR 90111 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES SOBM INTERNATIONAL STUDY TOUR 128608 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES CSBS INTERNATIONAL STUDY TOUR 73256 0 0 0 0 0 0 168432 356516 524948 0 0 0 0 0 0 HALL OF FAME 85892 53615 32277 29923 11500 46455 GOLF TOURNAMENT 18200 8075 10125 9176 64 257 104092 61690 42402 39099 64 11500 46712 97375 -54973 1 STUDENT SCHOLARSHIPS 1216 11786633 BOOK VALUE FINANCIAL AID TO STUDENTS PART I, LINE 2: STUDENTS APPLY FOR SCHOLARSHIPS USING FEDERAL FAFSA APPLICATIONS. SPECIFIC CRITERIA ARE APPLIED TO CONFIRM ELIGIBILITY AND TO ASSURE FAIRNESS TO ALL APPLICANTS. X X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 JOSEPH CASTLEBERRY UNIVERSITY PRESIDENT 113499 0 0 0 1943 0 12814 0 101658 0 229914 0 0 0 PART I, LINE 1A MINISTER'S PARSONAGE ALLOWANCE WAS PAID IN CASH TO OUR PRESIDENT AND OTHER MINISTER EMPLOYEES. THESE AMOUNTS ARE CONSIDERED NON-TAXABLE COMPENSATION SINCE THE PAYMENTS MEET THE CRITERIA UNDER IRC SECTION 107. OCCASIONAL PAYMENTS FOR SPOUSE TRAVEL AND MEALS WERE MADE FOR THE PRESIDENT'S SPOUSE BUT ONLY WHEN THERE WAS A VALID BUSINESS PURPOSE FOR HER TRAVEL. SINCE THERE IS A BONA FIDE BUSINESS PURPOSE, THE AMOUNTS ARE NOT TAXABLE TO THE PRESIDENT. THE PRESIDENT RECEIVES A CAR ALLOWANCE THAT IS GROSSED UP AS A TAXABLE BENEFIT. HOUSE CLEANING SERVICES WERE PAID FOR THE PRESIDENT'S HOME WHEN RELATED TO BUSINESS EVENTS. SINCE THERE IS A BONA FIDE BUSINESS PURPOSE, THE AMOUNTS ARE NOT TAXABLE TO THE PRESIDENT. A WISCONSIN PUBLIC FINANCE AUTHORITY 273866124 2012-08-01 27150000 REFINANCE EXISTING CAMPUS DEBT 0 0 0 A 27150000 415000 26735000 2008 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 1 1 1 US BANK 10.000000000000 0 0 0 0 0 A 0 X AUCTION ITEMS 123 31339 FMV 0 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPORTED REPRESENTS THE NUMBER OF ITEMS DONATED. FORM 990, PART I, LINE 6: THERE WERE 32 VOLUNTEER BOARD MEMBERS DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 2 DAVE COLE AND DON DETRICK HAVE A BUSINESS RELATIONSHIP. DOYLE FULKES, BILL WILSON, KRISTEN WAGGONER AND BOYD POWERS HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A TWO BOARD MEMBERS ARE APPOINTED OR ELECTED BY EACH OF THE PARTICIPATING DISTRICT OF THE ASSEMBLIES OF GOD. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 AND RELATED SCHEDULES ARE PREPARED BY ACCOUNTANTS AT NORTHWEST UNIVERSITY. THE RETURN IS INTERNALLY REVIEWED AND THEN SUBMITTED TO A THIRD PARTY CPA FOR REVIEW. A PUBLIC DISCLOSURE VERSION OF THE RETURN IS THEN DISTRIBUTED TO EACH MEMBER OF THE BOARD FOR REVIEW. AFTER THE COMMENTS FROM BOARD MEMBERS ARE ADDRESSED AND ANY CORRECTIONS ARE MADE, THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO OFFICERS, DIRECTORS, TRUSTEES, AND MANAGEMENT EMPLOYEES. CONFLICTS AND POTENTIAL CONFLICTS ARE DISCLOSED TO THE EXECUTIVE DIRECTOR AND THE EXECUTIVE COMMITTEE OF THE BOARD AS THEY ARISE. THE EXECUTIVE DIRECTOR AND THE EXECUTIVE COMMITTEE DETERMINE WHETHER OR NOT AN ACTUAL CONFLICT OF INTEREST EXISTS. IF AN ACTUAL CONFLICT IS DEEMED TO EXIST, THE BOARD WILL DETERMINE THE APPROPRIATE RESPONSE THAT RESULTS IN THE BEST INTEREST FOR NORTHWEST UNIVERSITY. THE FOLLOWING ARE THE RESTRICTIONS IMPOSED ON INDIVIDUALS FOR WHOM A CONFLICT EXISTS: THEY ARE REQUIRED TO RECUSE THEMSELVES FROM ALL VOTING AND OTHER DECISION MAKING WITH REGARD TO THE TRANSACTION FOR WHICH THE CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS ALL COMPENSATION. THE CCCU NATIONAL SALARY SURVEY IS USED AS A COMPARATIVE SOURCE FOR REASONABLENESS. THIS PROCESS IS DONE FOR THE PRESIDENT AS WELL AS ALL OFFICERS AND KEY EMPLOYEES OF THE UNIVERSITY. FORM 990, PART VI, SECTION C, LINE 19 OUR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THESE REQUESTS ARE MADE TO THE UNIVERSITY PRESIDENT'S OFFICE. WHEN REQUESTS ARE RECEIVED, WE PROVIDE COPIES AS REQUESTED. THIS MIGHT BE IN PAPER FORM OR BY E-MAIL SENT AS A PDF DOCUMENT. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENT 652,965. NORTHWEST UNIVERSITY FOUNDATION 5520 108TH AVENUE NE PO BOX 579 KIRKLAND WA 98083 952008029 SUPPORT HIGHER EDUCATION WA 501(C)(3) LINE 11A, I NORTHWEST UNIVERSITY 1 CHARITABLE REMAINDER TRUSTS (16) INVESTMENT WA N/A T 0 CHARITABLE ANNUITY TRUSTS (3) INVESTMENT WA N/A T 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 NORTHWEST UNIVERSITY FOUNDATION A 135579 ACTUAL COSTS NORTHWEST UNIVERSITY FOUNDATION C 50902 ACTUAL COSTS