2012-05-09T15:31:40-07:00 2011-06-30 990 2010-07-01 910565553 SEATTLE PACIFIC UNIVERSITY SEAT 2062812066 3307 THIRD AVE W SEATTLE WA 981191997 DW Mortenson 2062812066 2012-05-14 2010 2016-02-24 21:20:13Z Philip W Eaton 3307 Third Ave W Seattle WA 981191997 131532918 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. 14 12 2463 213 157052 0 7160133 7013983 114164355 122689943 1064756 1134566 390020 416620 122779264 131255112 34917072 39174773 0 0 53474177 53460004 0 0 2970541 33907664 35526240 122298913 128161017 480351 3094095 208471743 215331138 111319045 104406379 97152698 110924759 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 83468169 39156232 105536562 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. 18225749 685 2137790 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 32,000 Alumni to keep them engaged and involved with the University for years to come. 13407810 0 13272603 Student Housing and Dining: Housing services are provided for 1,491 students and 1,230 students take part in the University meal plans annually. 1199549 0 1742988 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 343 groups that utilized these facilities. 1199549 0 1742988 116301277 1 1 0 0 0 0 1 0 0 1 1 1 0 0 1 1 0 1 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 1 0 1 0 1 0 0 0 0 1 0 0 0 0 1 498 0 1 2463 1 1 1 0 0 0 0 1 1 0 0 0 1 1 0 X 14 12 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 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 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 55 X X X 318931 0 102665 Donald W Mortenson 55 X X 219275 0 36866 Marjorie Johnson 55 X 185216 0 31723 Les Steele 55 X 158451 0 29039 Thomas W Box 55 X 151800 0 25528 Robert McIntosh 40 X 160873 0 25285 Martin Abbott 40 X 150685 0 26144 Jeffrey Van Duzer 40 X 143578 0 25342 Craig Kispert 40 X 143355 0 25368 Ross Stewart 40 X 130705 0 23334 1762869 0 351294 33 0 1 0 Pacific Mobile PO Box 1404 Chehalis WA 985320350 Modular building construction 1840894 Miller Hull 911 Western Ave Ste 220 Seattle WA 981041031 Architectural services 1475334 Seattle Best Services of America Inc 13400 Northup Way Ste 7 Bellevue WA 98005 Custodial services 562308 Kirtley Cole Associates Inc 1010 SE Everett Mall Way Suite 102 Everett WA 98208 Construction 394202 Environmech 430 SW 153rd St Burien WA 981662215 HVAC and refrigeration services 447865 22 50626 0 5700 82859 3119176 3755622 64082 7013983 Tuition and Fees 611310 105536562 105536562 0 0 Student Housing and Dining 611310 13272603 13272603 0 0 Public Service Activities 611310 1742988 1742988 0 0 Seminars and Events 611310 699963 699963 0 0 Other Sales and Service 611310 935526 935526 0 0 502301 221594 0 280707 122689943 1134018 0 0 1134018 0 0 0 0 0 0 0 0 418782 0 197328 0 221454 0 221454 0 0 221454 64630 0 64082 0 548 0 548 0 0 548 54510 5700 16396 38114 0 38114 0 0 0 0 0 0 0 0 0 0 0 0 Accomodation 721000 157052 0 157052 0 0 0 0 0 157052 131255112 122409236 157052 1674841 685 685 39174088 39174088 0 0 0 0 1225948 394815 537472 293661 0 0 0 0 39961825 35174441 3315535 1471849 2981716 2542211 313378 126127 6230131 5409198 582113 238820 3060384 2609284 321646 129454 0 0 0 0 653481 23623 626293 3565 99186 0 94206 4980 0 0 0 0 0 0 448127 0 448127 0 7621462 7087431 479302 54729 742001 735151 1957 4893 3755069 3036270 555212 163587 1310310 1057192 120887 132231 11641 8925 2716 0 8620840 8374539 150550 95751 2980304 2704591 225881 49832 0 0 0 0 243931 224746 10501 8684 0 0 0 0 0 0 0 0 8017081 7301811 519992 195278 446939 87474 359065 400 Miscellaneous Expenses 575868 354802 224366 -3300 128161017 116301277 8889199 2970541 15195798 9871687 0 1001036 969807 899726 3467670 5158195 272495 260031 0 0 9483031 9462419 258135 247108 1826465 1822032 192612374 75938569 117770352 116673805 0 0 59227990 69935099 0 0 0 208471743 215331138 10276782 11037992 0 0 4346520 4436856 75300000 71800000 0 0 0 0 51167 0 0 0 21344576 17131531 111319045 104406379 X 57640568 65301377 10577136 15798155 28934994 29825227 97152698 110924759 208471743 215331138 X 3094095 10677966 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 39393011 1167553 8321567 1405336 460299 447332 46569164 35180848 1612672 4482305 1100803 457808 324203 39393011 47103706 1141894 -10868739 1390667 490486 314860 35180848 0.21 0.79 0 0 1 1 5887041 17365493 23252534 1208357 146790413 62537858 85460912 0 0 0 0 0 12353437 7767347 4586090 0 9007633 5633364 3374269 116673805 0 0 Pooled investments-cash and short-term investments 4846665 F Pooled investments-stock funds 29563579 F Pooled investments-bond funds 7414131 F Pooled investments-private equity funds 10191102 F Pooled investments-notes receivable 2480876 F Pooled investments-real estate 8674637 F Split interest agreements held by others 6764109 F 69935099 0 Trust and annuity obligations (present value) 2877079 Student deposits and prepaid fees 1483079 Asset retirement obligation (present value) 1104223 Fair value of interest rate swaps 4686681 Governmental student loan programs 6937597 Miscellaneous liabilities 42872 17131531 131255112 128161017 3094095 10677966 0 0 0 1280673 11958639 15052734 104248743 10677966 0 0 -37449932 -26771966 131020709 448127 -213724 234403 131255112 89089093 0 0 0 594935 594935 88494158 448127 39218732 39666859 128161017 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 consolidated 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 - (39,332,184); Grant administration cost recovery - 113,452; Seattle Pacific Foundation revenue, including trusts (consolidated in audited financial statements) - 1,768,800. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Rental expense Part VIII6b - (197,328); Fundraising event expense Part VIII8b - (16,396). SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Seattle Pacific Foundation expense, including trusts (consolidated in audited financial statements) - 381,211; Rental expense part VIII6b - 197,328; Fundraising event expense Part VIII8b - 16,396. SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Grants and scholarships - 39,332,184; Grant administration cost recovery - (113,452). 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 23% or 905 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, and National Science Foundation Grants. Central America and the Caribbean 0 0 Program Services Student service trip 21930 East Asia and the Pacific 0 0 Program Services Student study tours and service trips 369271 Europe (including Iceland and Greenland) 0 0 Program Services Student study tours 371252 Middle East and North Africa 0 0 Program Services Student study tours and service trips 22698 Russia and the newly independent States 0 0 Program Services Student service trip 20988 South America 0 0 Program Services Student study tour 70116 South Asia 0 0 Program Services Student service trip 8628 Sub-Saharan Africa 0 0 Program Services Student service trip 9000 0 0 893883 0 0 0 0 0 0 Golf Tournament - Men's Basketball 60210 5700 54510 0 2101 11708 0 0 2587 0 0 60210 5700 54510 0 2101 11708 0 0 2587 16396 38114 1 Institutional Student Scholarships & Grants 2996 0 36562725 Book Credit to student account Federally Funded Student Scholarships & Grants 501 0 1338758 Book Credit to student account Privately Funded Student Scholarships & Grants 461 0 1254749 Book Credit to student account Student Academic Achievement or Service Awards 43 17856 0 Book 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 0 0 Philip W Eaton 300472 0 0 0 18459 0 33062 0 69603 0 421596 0 0 0 Donald W Mortenson 206943 0 0 0 12332 0 24739 0 12127 0 256141 0 0 0 Marjorie Johnson 182602 0 0 0 2614 0 20820 0 10903 0 216939 0 0 0 Les Steele 155845 0 0 0 2606 0 17794 0 11245 0 187490 0 0 0 Thomas W Box 131743 0 0 0 20057 0 14612 0 10916 0 177328 0 0 0 Robert McIntosh 129250 0 0 0 31623 0 16855 0 8430 0 186158 0 0 0 Martin Abbott 148774 0 0 0 1911 0 15973 0 10172 0 176830 0 0 0 Jeffrey Van Duzer 142334 0 0 0 1244 0 15341 0 10001 0 168920 0 0 0 Craig Kispert 141531 0 0 0 1824 0 15365 0 10003 0 168723 0 0 0 Ross Stewart 129747 0 0 0 958 0 13405 0 9930 0 154040 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a 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. 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 81390000 0 0 80102982 603668 683350 0 2008 1 0 1 1 0 0 1 0 1 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. Donald Mortenson Housing Loan X 328601 260031 0 1 1 260031 Merit Scholarship Relative of Trustee 9000 Scholarship Merit Scholarships Relative of Trustee 10700 Scholarships Chadwick Steele Family member of key employee - not in reporting line to relative 64697 Compensation/benefits 0 Melanie Whitehead Spouse of board member - not in reporting line to relative 60919 Compensation/benefits 0 Marilyn Mortenson Spouse of key employee - not in reporting line to relative 55562 Compensation/benefits 0 Andrea Steele Family member of key employee - not in reporting line to relative 51460 Compensation/benefits 0 Ingrid Steele Family member of key employee - not in reporting line to relative 24928 Compensation/benefits 0 X 0 N/A X 1 0 N/A X 12 64082 Market price X Athletic Equipment 1 0 N/A X Musical Instrument 1 0 N/A X Plants 2 0 N/A 12 0 1 1 SchM_P01_S00_L00 Schedule M, Part I The number of contributions listed in column B is the number of separate non-cash donations received from donors during the year. 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. SchM_P01_S00_L33 Schedule M, Part I, Line 33 The University has recognized some immaterial non-cash contributions that were not assigned a value in the financial statements. 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 request of other information that is need 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 annually 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, but 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 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0