2012-03-30T09:57:11-07:00 2011-05-31 990 2010-06-01 381359569 SPRING ARBOR UNIVERSITY SPRI 5177501200 106 E Main Street Spring Arbor MI 49283 Jerry White 5177501200 2012-03-29 2010 2016-02-24 21:20:13Z Charles Webb 106 E Main Street Spring Arbor MI 49283 68894889 0 X www.arbor.edu X 1873 MI Spring Arbor University provides post-secondary education for over 4,000 students, granting BA, BS, MA & MS degrees for programs on it's main campus and at sites around the state of Michigan. The concept/mission of the university is: "Spring Arbor University is a community of learners distinguished by our lifelong involvement in the study and application of the liberal arts, total commitment to Jesus Christ as the perspective for learning and critical participation in the contemporary world." 34 29 2008 5 159785 0 14106631 3140300 54935713 59393632 107430 634329 669525 1164456 69819299 64332717 14680279 16929624 0 27568957 29311551 10000 10000 1766797 18975330 20456431 61234566 66707606 8584733 -2374889 81131919 77692268 45330387 43473392 35801532 34218876 Spring Arbor University provides post-secondary education for over 4,000 students, granting BA, BS, MA & MS degrees for programs on it's main campus and at sites around the state of Michigan. The concept/mission of the university is: "Spring Arbor University is a community of learners distinguished by our lifelong involvement in the study and application of the liberal arts, total commitment to Jesus Christ as the perspective for learning and critical participation in the contemporary world." 0 0 57367235 16929624 60558088 Spring Arbor University is a Christian institution serving over 4,000 students. All program service expenses are related to instruction, academic support, student and auxiliary services for those students who study at our main campus, through our online education, or at our fourteen sites around the state of Michigan. 0 0 0 57367235 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 1 1 1 1 0 1 107 0 1 2008 1 1 1 0 0 0 0 0 X 34 29 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 MI X Spring Arbor University 5177501200 106 E Main Street Spring Arbor MI 49283 Linda Adams 2 X 0 0 0 Russ Atherton 2 X 0 0 0 Tammy Bailey 2 X 0 0 0 Sarah Bates 2 X 0 0 0 Debra Blews 2 X 0 0 0 Dan Boss 2 X 0 0 0 Paul Castle 2 X 0 0 0 Guy Charles 2 X 0 0 0 Jen Doerfler 2 X 0 0 0 Harvey Gainey 2 X 0 0 0 Jim Gallogly 2 X 0 0 0 Judi Ganton 2 X 0 0 0 Mike Hemler 2 X 0 0 0 Steven Hogwood 2 X 0 0 0 Todd Hunt 2 X 0 0 0 Beth Kuntzleman 2 X 0 0 0 Michael McFarren 2 X 0 0 0 Herb McLachlan 2 X 0 0 0 Gordon Milnes 2 X 0 0 0 Randall Pitman 2 X 0 0 0 Thomas Ramundo 2 X 0 0 0 Faith Small 2 X 0 0 0 Kimberly Rupert 2 X 0 0 0 Mark Thompson 2 X 0 0 0 Dick Townley 2 X 0 0 0 Rob Turner 2 X 0 0 0 Marvelle Vannest 2 X 0 0 0 Melinda Vokal 2 X 0 0 0 David White 2 X 0 0 0 Scott Wiard 2 X 0 0 0 Scott Wieland 2 X 0 0 0 Ed Lamoreaux 3 X 0 0 0 Greg Schupra 4 X 0 0 0 Don Walker 3 X 0 0 0 Jim Woodcock 3 X 0 0 0 Jerry White 40 X 121724 0 0 Kim Hayworth 40 X 79633 0 0 Matthew Osborne 40 X 94188 0 0 Betty Overton-Adkins 40 X 136022 0 0 Brent Ellis 40 X 95631 0 0 Jeff Edwards 40 X 96160 0 0 Charles Webb 40 X X 225431 0 0 848789 0 0 3 0 1 0 Hobbs & Black Associates Inc 100 North State St Ann Arbor MI 48104 Architect 129206 Mitchell Graphics 2363 Mitchell Park Dr Petoskey MI 49770 Printing admissions materials 169920 2 0 0 0 0 574513 2565787 60310 3140300 Student Tuition and Fees 611310 51299943 51299943 0 0 Auxiliary Services 611310 8093689 7984309 109380 0 0 0 0 0 59393632 250740 0 0 250740 0 0 0 0 0 0 0 0 0 0 3105038 0 2721449 0 383589 0 383589 0 0 383589 0 2240810 1840723 400087 400087 0 0 764369 713964 50405 0 764369 64332717 60398303 159785 634329 16929624 16929624 1120093 562597 411950 145546 21800596 18625458 2492222 682916 1407797 1202759 160938 44100 3466468 2923434 445434 97600 1516597 1295713 173376 47508 2001747 2001747 72891 25783 47108 0 76050 0 76050 0 0 0 0 0 10000 10000 72972 0 72972 0 1022861 643089 310033 69739 690126 669889 20237 0 2689976 1951078 558430 180468 491921 58572 429597 3752 0 0 0 0 2126651 2126651 0 0 1588839 1310931 172886 105022 0 0 0 0 648592 334083 160278 154231 743155 711174 31981 0 0 0 0 0 2596847 2140977 366399 89471 448752 144889 303863 0 Post-retirement Liability, Bad Debts 600815 92722 508093 0 Contributions Rec Allow/Deriv 2199721 1534718 600868 64135 Professional Development 134620 133080 1540 0 2249895 1948267 229319 72309 66707606 57367235 7573574 1766797 596518 410451 7574176 3071777 2202444 411473 3223839 4056876 0 0 0 0 3424688 3343920 363434 350704 317773 462999 83853374 27955868 54990200 55897506 6975452 8399523 -35129 -373092 0 0 1498524 1660131 81131919 77692268 4166846 3195372 0 4324834 3627685 23800000 23005000 0 0 4042494 3948181 8996213 9697154 45330387 43473392 X 25475864 24749808 2848991 1677075 7476677 7791993 35801532 34218876 81131919 77692268 X -2374889 792233 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8189287 221668 865908 187395 97624 0 8991844 7203232 225445 817263 23985 32668 0 8189287 0 0 0 0 0 0 0 0.23 0.77 0 1 0 1977955 0 1977955 60384068 0 14032523 46351545 3798255 0 845729 2952526 17353151 0 13077616 4275535 339945 0 0 339945 55897506 Accrued Post Retirement 5313815 Refundable Student Loan 3054092 Refundable Student Deposits 721741 Interest Rate Swap 607506 9697154 64332717 66707606 -2374889 623986 0 72972 0 95234 792192 -1582697 51368482 0 0 0 -16929624 -16929624 68298106 0 -3965389 -3965389 64332717 52238734 0 0 0 -16929624 -16929624 69168358 0 -2460752 -2460752 66707606 SchD_P05_S00_L04 Schedule D, Part V, Line 4 Permanently restricted endowment funds are used to support student scholarships, instruction, academic support and institutional support activities as intended by donor restrictions. Board designated endowment funds are used at the direction of the governing board for specific projects which may include capital purchases, special projects and other items. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Change in value of interests in trusts and annuities. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Student financial aid (tuition and fees is reported net of institutional aid) $16,929,624 SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Endowment Income $232,694, Endowment gains $383,589, Less SAU Foundation Inc ($402), less Michindoh ($2,740,547, Less Bookstore ($1,840,723) SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Student Financial Aid of $16,929,624 SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Investment expense 72,972, Contributions receivable 1,861,498, Change in Derevative $338,223, less bookstore -$1,840,723, Less Michindoh (including depreciation) -$2,892,721 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 The racially nondiscriminatory policy is not currently published in these ways, but will be included in the future. Since much of hte informationthat prospective students receive is via our website and other publications, this information is included there. SchE_P01_S00_L06 Schedule E, Part I, Line 6 The university receives student financial aid for students from the Title IV program of US Department of Education and from the state education departments of Michigan and Ohio. 1 Institutional student financial aid 3492 0 16929624 Actual amounts granted to recipients via aid posting Institutional scholarships and grants to eligible students. SchI_P01_S00_L02 Schedule I, Part I, Line 2 Schedule I, Part I, Line 2 - All funds included in the grants section are for institutional financial aid for students and are tracked as to award eligibility, use of funds, and any adjustments by our student financial aid office along with any state, federal, or other aid awarded. X X 1 1 X X 0 0 0 0 0 0 0 0 0 Charles Webb 225431 0 0 0 0 0 0 0 30058 0 255489 0 249619 0 Betty Overton-Adkins 136022 0 0 0 0 0 0 0 27369 0 163391 0 162282 0 Jerry White 121724 0 0 0 0 0 0 0 34737 0 156461 0 154861 0 Matthew Osborne 94188 0 0 0 0 0 0 0 31968 0 126156 0 126774 0 Jeff Edwards 96160 0 0 0 0 0 0 0 72984 0 169144 0 141651 0 Kim Hayworth 79633 0 0 0 0 0 0 0 24272 0 103905 0 101035 0 Brent Ellis 95631 0 0 0 0 0 0 0 49915 0 145546 0 63480 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The president is required to live in a residence on the campus and dues for the country club membership are provided for him and vice president for advancement. Dues are routinely paid for community and professional organization for officers and other employees. Michigan Higher Education Facilities Authority Limited Obligation Revenue - SAU Proj Series 2010 521285150 594519T75 2010-02-11 9085000 Residence Hall Construction & Building Repairs/Renovations 0 0 0 Michigan Higher Education Facilities Authority Variable Rate Demand Limited Obligation Rev Series 2005 521285150 594519J50 2005-10-01 6515000 Dormitory Construction (Gainey Hall) 0 0 0 Michigan Higher Education Facilities Authority Limited Obligation Rev Bond SAU Project Series 2003 521285150 594519C81 2003-10-23 3881385 Energy conservation/deferred maintenance projects 0 0 0 Michigan Higher Education Facilities Authority Limited Obligation Revenue & Revenue Funding 521285150 594519ZP8 2003-01-03 2539821 Construction of village housing/apartment renovations 0 0 0 0 0 0 0 0 0 185000 0 0 8179985 0 905015 2010 0 0 0 1 0 0 0 0 0 0 222285 0 0 6515000 0 0 2006 0 0 0 1 0 155269 38813855 2004 0 0 0 1 0 434775 95291 2539821 2004 1 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0.0141 0.0141 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 1 1 Comerica Bank 10 0 0 0 0 0 0 1 1 Comerica Bank 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Reid Atherton Family member of Russ Atherton (Board Member) 42588 Employment 0 Steven Castle Family member of Paul Castle (Board Member) 24229 Employment 0 Thomas Kuntzleman Family member of Beth Kuntzleman (Board Member) 52020 Employment 0 Comerica Bank Board Member Greg Schupra is the Vice President, Charitable Services Group 718465 Interest Payments 0 Wieland-Davco Corporation Board member Scott Wieland is the Vice President of Wieland-Davco Co. 2754702 Construction of University Hall 0 X 1 35500 Appraisal less mortgage payable 0 0 1 0 F990_P01_S00_L01 Form 990, Part I, Line 1 Spring Arbor University provides post-secondary education for over 4,000 students, granting BA, BS, MA & MS degrees for programs on it's main campus and at sites around the state of Michigan. The concept/mission of the university is: "Spring Arbor University is a community of learners distinguished by our lifelong involvement in the study and application of the liberal arts, total commitment to Jesus Christ as the perspective for learning and critical participation in the contemporary world." F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a Completed Form 990 will be reviewed by the board finance committee before the semi-annual board meeting in May 2012. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Board members and executive team members submit conflict of interest documents annually. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The compensation for the President was benchmarked by the Human Resource Director and that information was used by the board chair and executive committee in the hiring of Dr. Webb in 2008. Further increases are also initiated by that group. Other executive team members' compensation is determined through benchmarking studies on an annual basis. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Governing documents, conflict of interest policy, and audited financial statements are provided to the public on request. F990_P11_S00_L05 Form 990, Part XI, Line 5 Added Investment expense, Unrealized gain on investments & change in value of interest in trust & annuities. Spring Arbor University Foundation 106 E Main Street Spring Arbor MI 49283 743066798 Planned giving fundraising for support of Spring Arbor University. MI 501(c)(3) 509(a)(3) Type 1 Spring Arbor University Michindoh Conference Center 4545 E Bacon Road Hillsdale MI 49542 270209917 Christian conference center MI 501(c)(3) 9 Spring Arbor University 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 Michindoh Conference Center b 62500 Fililng deadline extended to March 31 for our tax-exempt organization Notice IR-2011-120, Dec 16, 2011