2012-03-14T19:44:21-05:00 2011-06-30 MOSS ADAMS LLP PO BOX 22650 YAKIMA WA 989072650 990 2010-07-01 911160585 HERITAGE UNIVERSITY HERI 5098658663 3240 FORT ROAD TOPPENISH WA 989489599 RICK GAGNIER 5098658663 2012-03-07 1 PAM CLEAVER 5092487750 2010 2016-02-24 21:20:13Z RICK GANIER 3240 FORT ROAD TOPPENISH WA 989489599 35550037 0 X WWW.HERITAGE.EDU X 1981 WA HERITAGE IS A FULLY-ACCREDITED, PRIVATE INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE DEGREES. 21 21 582 25 0 0 1503232 1681179 17064228 21964962 181710 218952 297104 280534 19046274 24145627 1113985 2122656 0 0 10978771 12841864 0 0 676929 4649944 6268259 16742700 21232779 2303574 2912848 33475432 37070827 6199761 5457855 27275671 31612972 X HERITAGE UNIVERSITY IS A NON-PROFIT, INDEPENDENT, NON-DENOMINATIONAL ACCREDITED INSTITUTION OF HIGHER EDUCATION OFFERING UNDERGRADUATE AND GRADUATE EDUCATION. ITS MISSION IS TO PROVIDE QUALITY, ACCESSIBLE HIGHER EDUCATION TO MULTICULTURAL POPULATIONS WHICH HAVE BEEN EDUCATIONALLY ISOLATED. WITHIN ITS LIBERAL ARTS CURRICULUM, HERITAGE OFFERS STRONG PROFESSIONAL AND CAREER-ORIENTED PROGRAMS DESIGNED TO ENRICH THE QUALITY OF LIFE FOR STUDENTS AND THEIR COMMUNITIES. 0 0 1980784 1980784 857290 TO PROVIDE STUDENTS WITH SERVICES INCLUDING FINANCIAL AID ASSISTANCE, COUNSELING, INTERNSHIPS, JOB PLACEMENT, AND SCHOLARSHIPS AND GRANTS. 1965140 1820263 TO PROVIDE STUDENTS WITH ACADEMIC SUPPORT INCLUDING COMMUNITY ACCESS TO LEARNING RESOURCES, PLACEMENT TESTING AND RECORD MAINTENANCE. 10723577 18430702 TO PROVIDE SERVICES TO PREDOMINANTLY MINORITY UNDERGRADUATE & GRADUATE STUDENTS WHO ARE LIVING IN AN ISOLATED LOCATION AT OR BELOW THE FEDERAL POVERTY GUIDELINES. 2499169 141872 856707 GENERAL INSTITUTION AND OPERATIONAL EXPENSES, AUXILIARY ENTERPRISES. 2499169 141872 856707 17168670 1 1 0 1 0 0 0 1 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1911 0 1 582 1 0 0 0 0 0 1 1 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA AK AZ CT KY MD NY OH OR X RICK GAGNIER 5098658663 3240 FORT ROAD TOPPENISH WA 989489599 BARRY WARNER 1.00 X 0 0 0 BILL RICH 1.00 X 0 0 0 BRENDAN MONAHAN 1.00 X 0 0 0 CAROLEE DANZ 1.00 X 0 0 0 ELIZABETH MCGREE 1.00 X 0 0 0 FRANK PADILLA 1.00 X 0 0 0 HELLMUT GOLDE 1.00 X 0 0 0 JANE VILLANUEVA 1.00 X 0 0 0 JOHN F BAGLEY 1.00 X 0 0 0 KIP RAMSEY 1.00 X 0 0 0 PATRICIA WHITEFOOT 1.00 X 0 0 0 PAUL MOULTON 1.00 X 0 0 0 RICHARD TWISS 1.00 X 0 0 0 RICK PINNELL 1.00 X 0 0 0 RONALD GAMACHE 1.00 X 0 0 0 SONJA DODGE 1.00 X 0 0 0 STEVE ALTMAYER 1.00 X 0 0 0 STEVE MITCHELL 1.00 X 0 0 0 TED STRONG 1.00 X 0 0 0 THOMAS MEARS 1.00 X 0 0 0 VIRGINIA HISLOP 1.00 X 0 0 0 MICHAEL MOORE 40.00 X 119875 0 29955 RICK GAGNIER 40.00 X 131526 0 16573 SNEH VEENA 40.00 X 132636 0 16521 JOHN E BASSETT 40.00 X 109314 0 3801 KATHLEEN ROSS 40.00 X 159374 0 19406 652725 0 86256 4 0 1 0 0 136324 1544855 851764 1681179 TUITION AND FEES 900099 14821305 14821305 FEDERAL GRANTS 900099 6726481 6726481 STUDENT FEE REVENUE 611710 410691 410691 EDUCATIONAL SERVICE CO 611710 6485 6485 21964962 225699 225699 8526419 2314247 8471427 2375986 54992 -61739 -6747 -6747 9751 136324 39419 -29668 -29668 614199 517578 96621 96621 CHILDCARE 624410 213581 213581 213581 24145627 21964962 0 499486 2122656 2122656 683172 530906 152266 9572327 8476967 988606 106754 360855 248437 94517 17901 1533635 1154057 328120 51458 691875 531282 139401 21192 74498 5000 69498 72211 72211 1346694 1156523 102850 87321 87596 15406 11565 60625 2297457 1974140 169865 153452 130481 66455 54260 9766 521558 443090 78468 441318 372283 58078 10957 68396 11185 51974 5237 204438 2611 201827 744863 588411 156452 85893 167 85726 BAD DEBTS 192856 192856 21232779 17168670 3387180 676929 0 0 0 0 2373167 4878593 2767696 618361 968364 511391 1437114 1050842 93628 64665 19103 23087425 5442342 16730417 17645083 8329648 11522310 613435 587412 161963 173067 33475432 37070827 1213928 1425688 551858 536149 861072 951846 3572903 2544172 6199761 5457855 X 17127012 25713222 7141999 2873005 3006660 3026745 27275671 31612972 33475432 37070827 X 2912848 1424453 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 3081 3081 0 EXPLANATION OF OTHER LOBBYING ACTIVITIES: PART II-B, LINE 1I: INDEPENDENT COLLEGES OF WASHINGTON DUES, APPROXIMATELY 5.2% OF THE DUES PAID ARE USED FOR LOBBYING. X X 0 9022005 218318 1496205 261148 10475380 7888413 399258 858775 124441 9022005 8226875 329464 -432469 235457 7888413 0.71000 0.29000 0 0 296298 296298 20166901 4274557 15892344 1762347 665038 1097309 861879 502747 359132 17645083 24145627 21232779 2912848 1424537 -84 1424453 4337301 24077004 1424537 10760 618736 2054033 22022971 2122656 2122656 24145627 19739703 10760 61739 557081 629580 19110123 2122656 2122656 21232779 PART III, LINE 4: HERITAGE HAS RECEIVED COLLECTIONS OF ASIAN AND NATIVE AMERICAN ART WHICH ARE EXHIBITED AND USED FOR EDUCATIONAL PURPOSES. HERITAGE'S MISSION IS TO PROVIDE HIGHER EDUCATION TO MULTICULTURAL POPULATIONS. THESE EXHIBITS SUPPORT THESE EFFORTS. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENTS ARE USED TO FUND SCHOLARSHIPS AND ACADEMIC PROGRAMS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MANAGEMENT ADOPTED THE PROVISIONS RELATED TO ACCOUNTING FOR UNCERTAINITIES IN INCOME TAXES. MANAGEMENT HAS DETERMINED THEY HAVE NO UNCERTAIN POSITIONS AT JUNE 30, 2011 AND 2010. PART XI, LINE 8 - OTHER ADJUSTMENTS: ROUNDING -84. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD RECLASSIFIED FROM EXPENSES 517,578. FUNDRAISING EXPENSE RECLASSIFIED FROM EXPENSES 39,419. LOSS ON DISPOSAL OF ASSET 61,739. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS RECLASSIFIED TO EXPENSES 2,122,656. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD RECLASSIFIED TO REVENUES 517,578. FUNDRAISING EXPENSE RECLASSIFIED TO REVENUES 39,419. ROUNDING PER CLIENT 84. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS RECLASSIFIED FROM REVENUES 2,122,656. 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 PUBLISHES ITS NONDISCRIMINATORY POLICY IN THE OFFICIAL COURSE CATALOG. THIS INFORMATION IS ALSO FOUND ON THE HERITAGE WEB SITE. THE MISSION OF THE UNIVERSITY IS TO SERVE MULTI-CULTURAL POPULATIONS AND IS WIDELY ADVERTISED AND COMMUNICATED AS SUCH. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 HERITAGE UNIVERSITY RECEVIED VARIOUS GRANTS FROM GOVERNMENTAL AGENCIES AS THE DEPARTMENT OF EDUCATION: PELL GRANTS, EQUAL OPPORTUNITY GRANTS SCHOLARSHIP DINNER 146075 136324 9751 25732 13687 146075 136324 9751 25732 13687 39419 -29668 1 SCHOLARSHIPS 965 1175997 946659 FAIR MARKET VALUE TUITION DISCOUNTS, EMPLOYEE TUITION WAIVERS PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SINCE THE UNIVERSITY PARTICIPATES IN FEDERAL GRANTS AND LOAN PROGRAMS, ALL THE STUDENT AWARDING PROCESS IS DOCUMENTED IN THE SOFTWARE USED TO DETERMINE ELIGIBILITY AND TRACK STUDENT AWARDS. FOR THOSE AWARDS WITH SUBJECTIVE SELECTION CRITERIA, THE DOCUMENTATION IS MAINTAINED BY THE PERSON RESPONSIBLE FOR SUCH AWARDS. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 KATHLEEN ROSS 159374 0 0 0 0 0 10993 0 8413 0 178780 0 0 0 PART I, LINE 1A HERITAGE UNIVERSITY PURCHASED A HOUSE ON 7/1/2011 FOR USE BY THE PRESIDENT AS A PERSONAL RESIDENCE AND OTHER UNIVERSITY FUNCTIONS. THE PERSONAL USE OF THE HOUSE IS TREATED AS TAXABLE COMPENSATION TO DR. BASSETT. DR. ROSS, PRESIDENT EMERITA, RECEIVED A CASH PAYMENT RELATED TO A HOUSING ALLOWANCE. THE PAYMENT WAS NOT TREATED AS TAXABLE COMPENSATION TO DR. ROSS. X 17108 MARKET VALUE X 1 60 MARKET VALUE X 3 825356 MARKET VALUE X 1 240 MARKET VALUE X COMPUTING EQUIPMENT 1 9000 MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE CONTROLLER GENERATES THE RETURN INFORMATION. THE RETURN IS THEN REVIEWED BY THE CFO, PRESIDENT AND THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C TOP MANAGEMENT (PRES. & VP'S) MONITOR EACH OTHER AND THE BOARD ON AN ANNUAL BASIS BY DIRECT DISCUSSION, FINANCIAL TRANSACTION REVIEW, AND PUBLIC INVOLVEMENT REVIEWS. FORM 990, PART VI, SECTION B, LINE 15 THE FINANCE COMMITTEE OF THE BOARD REVIEWS COMPARABLE DATA PROVIDED BY CUPA. THE RESULTS OF THE REVIEW ARE NOTED IN THE MEETING MINUTES FILED WITH THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 BY REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,424,537. ROUNDING -84. TOTAL TO FORM 990, PART XI, LINE 5: 1,424,453. FORM 990, PART XII, LINE 2C: NO CHANGES FROM PRIOR YEAR.