2013-05-10T12:54:46-07:00 2012-06-30 990 2011-07-01 910565553 SEATTLE PACIFIC UNIVERSITY SEAT 2062812066 3307 THIRD AVE W SEATTLE WA 981191997 DW Mortenson 2062812066 2013-05-13 2011 2016-02-24 21:20:13Z Philip W Eaton 3307 Third Ave W Seattle WA 981191997 147658014 0 X WWW.SPU.EDU X 1891 WA Seattle Pacific University seeks to be a premier Christian university fully committed to engaging the culture and changing the world by graduating people of competence and character, becoming people of wisdom, and modeling grace-filled community. 16 14 2453 202 152533 -29853 7013983 6604354 122689943 129755364 1134566 10547589 416620 261879 131255112 147169186 39174773 40855028 0 0 53460004 56311019 0 0 2791740 35526240 35210964 128161017 132377011 3094095 14792175 215331138 221490648 104406379 102137136 110924759 119353512 Seattle Pacific University seeks to be a premier Christian university fully committed to engaging the culture and changing the world by graduating people of competence and character, becoming people of wisdom, and modeling grace filled community. 0 0 85328305 40760428 110679339 Higher Education: The academic program serves 4,000 undergraduate and graduate students at our main Seattle campus, as well as 2,500 part-time students per quarter on-line and in continuing education centers across Washington State. The University offers 61 undergraduate majors and 53 minors carried out through the College of Arts and Sciences and the schools of Business and Economics; Education; Health Sciences; Theology; and Psychology, Family, and Community. Graduate studies include 14 master's degrees and five doctoral programs. 19115657 94600 2780936 Student Services, Constituency and Other Programs: The University provides activities and services to 4,000 students in co-curricular and support programs while engaged in their academic activities. The University also provides programs for the more than 33,000 Alumni to keep them engaged and involved with the University for years to come. 14076202 0 14313783 Student Housing and Dining: Housing services are provided for 1,696 students and 1,281 students take part in the University meal plans annually. 1537681 0 1981306 Public Service: The University operates a conference services program at its Seattle campus and at its 300 acre campus on Whidbey Island, known as "Camp Casey Conference Center". This center provides opportunities for students to further their studies in biological sciences and other disciplines, as well as providing a facility for diverse groups of nonprofit organizations to build community and provide educational opportunities for their constituents. The center offers all these groups a place to reflect, excel, discover and grow. This year there were 355 groups that utilized these facilities. 0 0 9246632 Proceeds from sales of assets other than inventory. These assets had been used for the University's exempt purpose. 1537681 0 11227938 120057845 1 1 0 0 0 0 1 0 0 1 1 1 0 0 1 1 0 1 1 0 1 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 1 1 0 1 0 1 0 0 0 0 1 0 0 0 0 1 576 0 1 2453 1 1 1 0 0 0 0 1 1 0 0 0 1 1 0 X 16 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 WA X Steve Whitehouse-Controller 2062812066 3307 Third Ave W Seatle WA 981191997 X A Gary Ames 1 X 0 0 0 Douglas D Backous 1 X 0 0 0 Clyde Ballard 1 X 0 0 0 Kathleen Cummins 1 X 0 0 0 Sara R Dial 1 X 0 0 0 Harvey Drake Jr 1 X 0 0 0 Ryan R Hamlin 1 X 0 0 0 Victor C Moses 4 X X 0 0 0 Donald P Nielsen 1 X 0 0 0 Federick J Stabbert 4 X X 0 0 0 Richard E Stearns 1 X 0 0 0 Bradley P Thoreson 1 X 0 0 0 Dennis L Wayman 1 X 0 0 0 Dennis M Weibling 4 X X 0 0 0 Matthew H Whitehead 4 X X 0 0 0 Philip W Eaton 50 X X 334712 0 103695 Donald W Mortenson 50 X 230333 0 38674 Marjorie Johnson 50 X 199929 0 33810 Les Steele 50 X 164327 0 30336 Thomas W Box 50 X 154780 0 26571 Jeffrey Van Duzer 40 X 152410 0 26719 Craig Kispert 40 X 146416 0 26595 Bruce Congdon 40 X 132832 0 23983 David Tindall 40 X 131821 0 23468 Janet Ward 40 X 130140 0 23142 1777700 0 356993 38 0 1 0 Pacific Mobile PO Box 1404 Chehalis WA 985320350 Modular building construction 2209029 Kirtley Cole Associates Inc 1010 SE Everett Mall Way Suite 102 Everett WA 98208 Construction 868962 Miller Hull 911 Western Ave Ste 220 Seattle WA 981041031 Architectural services 746050 Seattle Best Services of America Inc 13400 Northup Way Ste 7 Bellevue WA 98005 Custodial services 573836 Northwest Landscape Services of WA PO Box 864 Woodinville WA 980720864 Landscape services 346742 21 104367 0 6095 185064 2527222 3781606 87967 6604354 Tuition and Fees 611310 110679339 110679339 0 0 Student Housing and Dining 611310 14313783 14313783 0 0 Public Service Activities 611310 1981306 1981306 0 0 Seminars and Events 611310 783245 783245 0 0 Other Sales and Service 611310 704084 704084 0 0 1293607 918030 0 375577 129755364 1299232 0 0 1299232 0 0 0 0 0 0 0 0 401039 0 324108 0 76931 0 76931 0 0 76931 74388 9324714 72663 78082 1725 9246632 9248357 9246632 0 1725 46390 6095 13975 32415 0 32415 0 0 0 0 0 0 0 0 0 0 0 0 Accomodation 721000 152533 0 152533 0 0 0 0 0 152533 147169186 138626419 152533 1785880 94600 94600 40660182 40660182 100246 100246 0 0 1226050 374772 565321 285957 270909 148544 62186 60179 41961014 36784601 3852020 1324393 3213697 2719445 372240 122012 6429755 5632341 592015 205399 3209594 2721659 365824 122111 0 0 0 0 494412 103275 388820 2317 96580 0 96580 0 0 0 0 0 0 0 460892 0 460892 0 7423522 6837888 529564 56070 805860 789058 16802 0 3971077 3243591 604118 123368 1203801 993329 117052 93420 6486 2707 3779 0 8867670 8475441 203919 188310 3296970 2869829 378964 48177 0 0 0 0 388743 356726 24991 7026 0 0 0 0 0 0 0 0 7290995 6704108 425650 161237 419976 112205 307771 0 Miscellaneous Expenses 483980 333298 158918 -8236 132377011 120057845 9527426 2791740 9871687 13344376 1001036 47235 899726 952687 5158195 3890109 260031 24000 0 0 9462419 9407197 247108 300176 1822032 1681426 183941691 66583122 116673805 117358569 0 51125 69935099 74433748 0 0 0 215331138 221490648 11037992 7881984 0 0 4436856 4236757 71800000 68300000 0 0 0 0 0 0 0 0 17131531 21718395 104406379 102137136 X 65301377 76727382 15798155 12235217 29825227 30390913 110924759 119353512 215331138 221490648 X 14792175 -6363422 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 1 3000 0 0 0 1 0 1 0 1 46569164 1992538 -354722 1460457 503482 460892 45782149 39393011 1167553 8321567 1405336 460299 447332 46569164 35180848 1612672 4482305 1100803 457808 324203 39393011 47103706 1141894 -10868739 1390667 490486 314860 35180848 0.23 0.59 0.18 0 1 1 6298428 17692570 23990998 1259460 138051731 53892901 85418290 0 0 0 0 0 11038368 6646269 4392099 0 9601134 6043952 3557182 117358569 0 0 Pooled investments-cash & short-term investments 14058646 F Pooled investments-stock funds 6249648 F Pooled investments-bond funds 26347604 F Pooled investments-private equity funds 10725648 F Pooled investments-notes receivable 1876775 F Pooled investments-real estate 10052990 F Split interest agreements held by others 5122437 F 74433748 0 Trust and annuity obligations (present value) 2791520 Student deposits and prepaid fees 1755485 Asset retirement obligation (present value) 1107958 Fair value of interest rate swaps 8992366 Governmental student loan programs 7028729 Miscellaneous liabilities 42337 21718395 147169186 132377011 14792175 -6363422 0 0 0 -624338 -6987760 7804415 99766670 -6363422 0 0 -40678283 -47041705 146808375 460892 -100081 360811 147169186 91962255 0 0 0 749976 749976 91212279 460892 40703840 41164732 132377011 SchD_P02_S00_L09 Schedule D, Part II, Line 9 The University holds an open space conservation easement on a small island in the Puget Sound of Washington. This easement is observed several times a year since it has no activity. The University does not disclose this on its financial statements. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The University's endowments consist of funds established for a variety of purposes. These endowments include both donor restricted endowment funds and funds designated by the Board of Trustees to function as endowments. Distributions from endowments are used primarily to provide scholarship resources for students enrolled at SPU. Distributions are made per any applicable donor instructions in the endowment agreements. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The University and the Foundation are exempt from federal income taxes pursuant to Section 501(c)(3) of the Internal Revenue Code except for unrelated business taxable income as defined in sections 511 through 515 of the Internal Revenue Code. Accordingly, the financial statements do not include a provision for federal income tax. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Seattle Pacific Foundation operations, including trusts (consolidated in audited financial statements). SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Grants and scholarships - (40,817,354); Grant administration cost recovery - 113,514; Seattle Pacific Foundation revenue, including trusts (consolidated in audited financial statements) - 22,557. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Rental expense Part VIII6b - (324,108); Fundraising event expense Part VIII8b - (13,975); Seattle Pacific Foundation donations, including trusts (consolidated in audited financial statements) - 238,002. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Rental expense Part VIII6b - (324,108); Fundraising event expense Part VIII8b - (13,975); Seattle Pacific Foundation donations, including trusts (consolidated in audited financial statements) - 238,002. SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Grants and scholarships - 40,817,354; Grant administration cost recovery - (113,514). 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 SPU claims an exemption from the requirement to publish the University policy publicly as Rev. Proc. 75-50 states on the basis that the University draws its students nationally and their records show evidence of the nondiscrimination policy in meaningful numbers. The success of our policy is shown by having 26% or 967 ethnic students in our student body, which constitutes meaningful results in comparison to the ethnic makeup of the Northwest region. SchE_P01_S00_L06 Schedule E, Part I, Line 6 The University receives funds from the federal government for research, student loans, grants and work study. The following is a list of the programs funded in part, or in whole, by the federal government: Federal Pell Grant Program, Federal Supplemental Education Opportunity Grant, Federal Work-Study Program, Federal Academic Competitiveness Grant, National SMART Grant , TEACH Grant, Perkins Loan Program, Nursing Student Loan Program, National Institutes of Health Grants, National Science Foundation Grants, and a Department of Defense Grant. 1 Central America and the Caribbean 0 0 Program Services Student study tours and service trips 149437 East Asia and the Pacific 0 0 Program Services Student study tours and service trips 180066 Europe (including Iceland and Greenland) 0 0 Program Services Student study tours 136465 Russia and the newly independent States 0 0 Program Services Student service trip 70646 South America 0 0 Program Services Student study tour 23874 South Asia 0 0 Program Services Student study tours and service trips 63070 Sub-Saharan Africa 0 0 Program Services Student study tours and service trips 149371 Central America and the Caribbean 0 0 Grantmaking Student financial aid 59485 East Asia and the Pacific 0 0 Grantmaking Student financial aid 40761 0 0 873175 Student financial aid posted while studying abroad Central America and the Caribbean 12 0 59485 Financial aid posted to student accounts Book Student financial aid posted while studying abroad East Asia and the Pacific 8 0 40761 Financial aid posted to student accounts Book 0 0 0 0 0 0 SchF_P01_S00_L02 Schedule F, Part I, Line 2 These are student financial aid grants awarded based on the institution's assessment of the recipient's academic achievement, financial need, and other standards similar to those held by other universities. The student's records are then monitored in order to ensure that the grant requirements are continuing to be met. These disbursements are made in accordance with the exempt purpose for which the institution was organized, and with procedures and conditions established by the university. Golf Tournament 52485 6095 46390 0 3700 8749 0 0 1527 0 0 52485 6095 46390 0 3700 8749 0 0 1527 13976 32414 1 First Free Methodist Church 3200 Third Ave West Seattle WA 98119 910667411 501(c)(3) 75000 0 To support sanctuary upgrades and student ministries. John & Vera Mae Perkins Foundation 1831 Robinson Street Jackson MS 39209 953818477 501(c)(3) 10200 0 To help fund Grandma Perkins Kitchen Project. 2 0 Institutional Student Scholarships & Grants 3071 0 38352828 Book Credit to student account Federally Funded Student Scholarships and Grants 297 0 910364 Book Credit to student account Privately Funded Student Scholarships & Grants 485 0 1365231 Book Credit to student account Student Academic Achievement or Service Awards 51 31759 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 Grant disbursements for the institution's exempt programs are made in accordance with the exempt purpose for which the institution was organized, and with procedures and conditions established by the institution's governing board. Student scholarships and fellowships are awarded based on the institution's assessment of recipient's academic achievement, financial need, and other standards similar to those held by other universities. The student's records are then monitored in order to ensure that the grant requirements are continuing to be met. X X X X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 Philip W Eaton 315302 0 0 0 19410 0 33923 0 69772 0 438407 0 0 Donald W Mortenson 215167 0 3544 0 11622 0 26009 0 12665 0 269007 0 0 0 Marjorie Johnson 190425 0 7796 0 1708 0 22406 0 11404 0 233739 0 0 0 Les Steele 162836 0 0 0 1491 0 18574 0 11762 0 194663 0 0 0 Thomas W Box 135507 0 0 0 19273 0 15162 0 11409 0 181351 0 0 0 Jeffrey Van Duzer 151077 0 0 0 1333 0 16281 0 10438 0 179129 0 0 0 Craig Kispert 145882 0 0 0 534 0 16086 0 10509 0 173011 0 0 0 Bruce Congdon 126226 0 0 0 6606 0 13572 0 10411 0 156815 0 0 0 David Tindall 130647 0 0 0 1174 0 13093 0 10375 0 155289 0 0 0 Janet Ward 129064 0 0 0 1076 0 12812 0 10360 0 153312 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a First Class Travel - Certain University salaried officers and key employees are allowed to fly first class based on work need or physical limitations as approved by their immediate supervisors. Disqualified Persons as defined by IRC 4946 use of first class travel are also approved in advance by the governing board. Travel for Companions - The spouse of the President is allowed to travel with the President as required for business purpose and specifically approved by the board chair. The spouse of the chief academic officer travels at University expense as approved by the President to one professional conference that has programs for academic leader spouses. Housing Allowance - The President is required, as a condition of employment to live in campus provided housing. All facility related expenses to such housing is paid for by the University. Social Clubs - Social club memberships are provided to certain employees and officers related to their specific job responsibilities for donor development and business meetings. Any personal use of the clubs is minor and is reimbursed to the University and for disqualified persons as defined by IRC 4946 the memberships are approved in advance by the governing board. SchJ_P01_S00_L03 Schedule J, Part I, Line 3 The President's compensation is reviewed and approved annually by the Executive Committee of the Board of Trustees. The review includes a comparison of compensation levels of university presidents of similar institutions using both regional and national higher education compensation surveys. The compensation of other officers and key employees is reviewed and approved by Executive Committee using a similar methodology of reviewing existing and proposed compensation against regional and national higher education surveys. The Executive Committee's actions are ratified at a subsequent meeting of the Board of Trustees. SchJ_P01_S00_L07 Schedule J, Part I, Line 7 It is at the discretion of the President or Board of Trustees that these are awarded and are based upon significant accomplishments of key departmental objectives. Washington Higher Education Facilities Authority 911306482 939781A42 2008-06-26 81390000 Current refunding of auction rate security bonds issued 12/01/2005 0 0 0 0 0 81390000 0 0 80102982 603668 0 683350 0 0 0 2008 1 0 1 1 0 0 1 1 0 0 0 0 1 0 1 0 0 0 1 SchK_P03_S00_L03a Schedule K, Part III, Line 3a Seattle Pacific University engages Sodexo America LLC to provide food service operations to its campuses. SPU has worked with bond counsel to review and create the agreement between SPU and Sodexo for this service so that the agreement meets the safe harbor provisions available under Rev.Proc.97-13. Bruce Congdon Housing loan X 30000 24000 0 1 1 24000 Merit Scholarships Relative of Trustee 7500 Scholarships Merit Scholarship Relative of Trustee 500 Scholarship Chadwick Steele Family member of key employee - not in reporting line to relative 66579 Compensation/benefits 0 Melanie Whitehead Spouse of board member - not in reporting line to relative 62186 Compensation/benefits 0 Andrea Steele Family member of key employee - not in reporting line to relative 60179 Compensation/benefits 0 Marilyn Mortenson Spouse of officer - not in reporting line to relative 56481 Compensation/benefits 0 Ingrid Steele Family member of key employee - not in reporting line to relative 25484 Compensation/benefits 0 X 3 N/A X 11 74388 Market Price X Airline tickets 1 13750 FMV X Life Jackets 1 1300 FMV X Musical Instruments 1 250 FMV X Fabrics 1 1 N/A 10 0 1 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b The Seattle Pacific Foundation manages the liquidation of publicly traded securities. Other non-cash gifts are liquidated by brokers/dealers specialized in a specific area. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The University posts the form 990 on a secure website for the trustees to access prior to filing. The trustees receive a link to the website that allows them to access the return. The Executive Committee of the Board reviews the 990 as part of a separate process. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Once a year conflict of interest questionnaires are sent to the trustees, officers, directors, and key employees along with requests of other information that is needed for the completion of the form 990 return. Those surveys are then reviewed for conflicts and a determination is made as to what if any action is needed. Business transactions with Board members must meet purchasing standards of the University regarding price competitiveness. All have been minor and infrequent in occurrence with no excess benefit to trustees. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The President's compensation is reviewed and approved annually by the Executive Committee of the Board of Trustees. The review includes a comparison of compensation levels of university presidents of similar institutions using both regional and national higher education compensation surveys. The compensation of other officers and key employees is reviewed and approved by Executive Committee using a similar methodology of reviewing existing and proposed compensation against regional and national higher education surveys. The Executive Committee's actions are ratified at a subsequent meeting of the Board of Trustees. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The University makes its governing documents, which includes the conflict of interest policy, available upon request. The audited financial statements are made available at www.spu.edu/about-spu/spu-facts/financial-statements and at various other organization websites associated with the University. F990_P07_S0A_L01a Form 990, Part VII, Section A, Line 1a Donald Mortenson is an officer per IRS instructions only and is not an officer per corporate by-laws. F990_P11_S00_L05 Form 990, Part XI, Line 5 This amount reflects the total of unrealized gains and losses on investments carried at market value. Seattle Pacific Foundation 3307 Third Ave W Seattle WA 98119 911068276 To support Seattle Pacific University WA 501 (c) (3) 11a Type I Seattle Pacific University (wholly controlling) 0 Charitable Remainder Unitrusts (2) 3307 Third Ave West Seattle WA 98119 Beneficial Interest WA N/A T Irrevocable Trust (1) 3307 Third Ave West Seattle WA 98119 Beneficial Interest WA N/A T 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0