UNIVERSITY OF LA VERNE: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF LA VERNE (EIN 95-1644026)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-12
- IRS object ID
- 201101329349301775
- Schema version
- 2009v1.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-12T10:13:22-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Moss Adams LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3121 West March Lane Suite 100 | AddressLine1 |
| City | Stockton | City |
| State | CA | State |
| ZIP Code | 952192303 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 951644026 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF LA VERNE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | UNIV | NameControl |
| Phone | 9095933511 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1950 THIRD STREET | AddressLine1 |
| City | LA VERNE | City |
| State | CA | State |
| ZIP Code | 917504401 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PHILIP HAWKEY | Name |
| Title | EXECUTIVE VICE PRESIDENT | Title |
| Phone | 9095933511 | Phone |
| Date Signed | 2011-05-10 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TRACY S PAGLIA | Name |
| Phone | 2099556100 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | PHILIP HAWKEY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1950 THIRD STREET | AddressLine1 |
| City | LA VERNE | City |
| State | CA | State |
| ZIP Code | 917504401 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 139961211 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.LAVERNE.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1891 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | Delivery of Undergraduate & Graduate Degree programs. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 24 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 22 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2231 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 4879668 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 6544960 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 115331764 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 120902739 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 165689 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2637874 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 692532 | OtherRevenuePriorYear |
| Other Revenue Current Year | 848146 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 121069653 | TotalRevenuePriorYear |
| Total Revenue Current Year | 130933719 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 22081379 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 25912551 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 60034818 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 60619286 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2133148 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 33999109 | OtherExpensePriorYear |
| Other Expenses Current Year | 40569904 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 116115306 | TotalExpensesPriorYear |
| Total Expenses Current Year | 127101741 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 4954347 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3831978 | RevenuesLessExpensesCY |
| Total Assets BOY | 169711117 | TotalAssetsBOY |
| Total Assets EOY | 184382744 | TotalAssetsEOY |
| Total Liabilities BOY | 80207591 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 79171407 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 89503526 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 105211337 | NetAssetsOrFundBalancesEOY |
| Mission Description | It is the mission of the University of La Verne to provide opportunities for students to achieve their educational goals and become contributing citizens to the global community.This is accomplished by offering high quality degree programs to both traditional-aged and adult learners; providing liberal arts and professional programs from undergraduate to doctoral levels; and delivering programs to students at the central La Verne campus as well as regional campuses and satellite class locations throughout California.The university provides a student-centered, values-based, and diverse learning environment. It takes pride in offering small class sizes in a highly personalized setting. The University encourages effective teaching, research, scholarly contributions, and service to the greater community by sharing its academic, professional, and individual resources. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 107056953 | Expense |
| Grants | 25912551 | Grants |
| Revenue | 120902739 | Revenue |
| Description | Educational services for undergraduate, graduate, law and doctoral students. Approximate number of students served: 11,000 | Description |
| Total Program Service Expense | 107056953 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 238 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 2231 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 24 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 22 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LORI GORDIEN CASE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9095933511 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1950 THIRD STREET | AddressLine1 |
| City | LA VERNE | City |
| State | CA | State |
| ZIP Code | 917504401 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (37 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| Luis Faura | ||||||||
| Chairman of the Board | 3.00 | X | 0 | 0 | 0 | |||
| Kenneth L Calkins | ||||||||
| Vice Chairman of the Board | 3.00 | X | 0 | 0 | 0 | |||
| Ann Quay Davis | ||||||||
| Secretary of the Board | 3.00 | X | 0 | 0 | 0 | |||
| Michael A Abraham | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| Bud Elam | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| Alex Espinoza | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| Richard H George | ||||||||
| Trustee | 3.00 | X | 13796 | 0 | 0 | |||
| Benjamin C Harris | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| Mark Hicks | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| Richard A Lewis | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| Kenneth Little | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| James W Long | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| D Tad Lowrey | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| Mary Ann Melleby | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| Ivan Misner | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| Cecilia Martinez Morris | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| Paul Moseley | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| Gregory G Petersen | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| Steven N Reenders | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| Valerie C Romero | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| Susan Searing | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| David D Shively | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| Emmett L Terrell | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| Donald G Wilson | ||||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |||
| Stephen Morgan | ||||||||
| President | 40.00 | 270516 | 0 | 134687 | X | |||
| Philip Hawkey | ||||||||
| Executive Vice President | 40.00 | 234067 | 0 | 24069 | X | |||
| Greg Dewey | ||||||||
| Provost and Vice President | 40.00 | 56896 | 0 | 6802 | X | |||
| Alden Reimonenq | ||||||||
| Provost and Vice President | 40.00 | 240202 | 0 | 22418 | X | |||
| Jean Bjerke | ||||||||
| Vice President | 40.00 | 160720 | 0 | 26354 | X | |||
| Homa Shabahang | ||||||||
| Vice President | 40.00 | 160878 | 0 | 24194 | X | |||
| Allen Easley | ||||||||
| Dean | 40.00 | 253836 | 0 | 28561 | X | |||
| Mark Goor | ||||||||
| Dean | 40.00 | 156019 | 0 | 21742 | X | |||
| Rita Thakur | ||||||||
| Associate Dean | 40.00 | 176388 | 0 | 22622 | X | |||
| Keeok Park | ||||||||
| Professor | 40.00 | 170133 | 0 | 17231 | X | |||
| Janat Yousof | ||||||||
| Professor | 40.00 | 161307 | 0 | 14878 | X | |||
| David Kung | ||||||||
| Professor | 40.00 | 152219 | 0 | 14436 | X | |||
| H Randall Rubin | ||||||||
| Professor | 40.00 | 151943 | 0 | 22415 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2358920 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 380409 | TotalOtherCompensation |
| Number Individuals GT100 K | 109 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| KAR CONSTRUCTION INC | |||||
| 1306 W Brooks St | Ontario | CA | 91762 | CONSTRUCTION SERVICES | 8245581 |
| PROFESSIONAL DEVELOPMENT COURSES | |||||
| PO Box 5196 | Oceanside | CA | 92052 | CONTRACTED TEACHING SERVICES | 3654412 |
| SODEXO INC & AFFILIATES | |||||
| 135 SANTILLI HIGHWAY | EVERETT | MA | 02149 | JANITORIAL/CAMPUS FOOD SERVICES | 2607421 |
| Alliant Insurance Services | |||||
| 735 E Carnegie Dr Ste 200 | San Bernardino | CA | 92408 | insurance broker | 964068 |
| Renaissance Agencies Inc | |||||
| PO Box 2300 | Santa Monica | CA | 90401 | Insurance Broker | 664941 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 53 | NumberOfContractorsGT100K |
| Fundraising Events | 33350 | FundraisingEvents |
| Government Grants | 3774997 | GovernmentGrants |
| All Other Contributions | 2736613 | AllOtherContributions |
| Noncash Contributions | 185251 | NoncashContributions |
| Total Contributions | 6544960 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 611710 | 116236278 | 116236278 |
| AUXILIARY ENTERPRISES | 611710 | 4270500 | 4270500 |
| SPONSORED PROGRAMS | 900099 | 252978 | 252978 |
| BOOKSTORE | 900099 | 88591 | 88591 |
| TICKET SALES & events | 900099 | 54392 | 54392 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 120902739 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1174283 | TotalRevenueColumn |
| Exclusion | $1,174,283 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 10441867 | Securities |
| Other | 3594 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8981870 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1459997 | Securities |
| Other | 3594 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1463591 | TotalRevenueColumn |
| Exclusion | $1,463,591 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 48989 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 33350 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 45622 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3367 | TotalRevenueColumn |
| Exclusion | $3,367 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| MISCELLANEOUS | 900099 | 446572 | $446,572 |
| USE OF FACILITIES | 900099 | 358247 | $358,247 |
| STAFF PARKING FEES | 900099 | 39960 | $39,960 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 844779 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 130933719 | TotalRevenueColumn |
| Related Or Exempt Function Income | 120902739 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $3,486,020 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25912551 | Total |
| Program Services | 25912551 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1916662 | Total |
| Program Services | 1052201 | ProgramServices |
| Management And General | 675535 | ManagementAndGeneral |
| Fundraising | 188926 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 172700 | Total |
| Program Services | 172700 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48149077 | Total |
| Program Services | 39525283 | ProgramServices |
| Management And General | 7458604 | ManagementAndGeneral |
| Fundraising | 1165190 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3805512 | Total |
| Program Services | 2970122 | ProgramServices |
| Management And General | 725364 | ManagementAndGeneral |
| Fundraising | 110026 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3078377 | Total |
| Program Services | 2390289 | ProgramServices |
| Management And General | 590298 | ManagementAndGeneral |
| Fundraising | 97790 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3496958 | Total |
| Program Services | 2926488 | ProgramServices |
| Management And General | 479026 | ManagementAndGeneral |
| Fundraising | 91444 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 256319 | Total |
| Program Services | 9974 | ProgramServices |
| Management And General | 246345 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 217651 | Total |
| Management And General | 217651 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 133814 | Total |
| Program Services | 92279 | ProgramServices |
| Management And General | 41535 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11889524 | Total |
| Program Services | 8581450 | ProgramServices |
| Management And General | 3027615 | ManagementAndGeneral |
| Fundraising | 280459 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1338915 | Total |
| Program Services | 1199225 | ProgramServices |
| Management And General | 137772 | ManagementAndGeneral |
| Fundraising | 1918 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3164516 | Total |
| Program Services | 2209831 | ProgramServices |
| Management And General | 790339 | ManagementAndGeneral |
| Fundraising | 164346 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2242010 | Total |
| Program Services | 629897 | ProgramServices |
| Management And General | 1606727 | ManagementAndGeneral |
| Fundraising | 5386 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3392618 | Total |
| Program Services | 2567582 | ProgramServices |
| Management And General | 825036 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1469756 | Total |
| Program Services | 1375312 | ProgramServices |
| Management And General | 70115 | ManagementAndGeneral |
| Fundraising | 24329 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 151108 | Total |
| Program Services | 103943 | ProgramServices |
| Management And General | 44869 | ManagementAndGeneral |
| Fundraising | 2296 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2428314 | Total |
| Program Services | 2428314 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5107077 | Total |
| Program Services | 5107077 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1346006 | Total |
| Program Services | 714650 | ProgramServices |
| Management And General | 631356 | ManagementAndGeneral |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| allowance for bad debts | 5406880 | 5406880 | ||
| EQUIP., FURN., & BOOKS | 2025396 | 1680905 | 343453 | 1038 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 127101741 | Total |
| Program Services | 107056953 | ProgramServices |
| Management And General | 17911640 | ManagementAndGeneral |
| Fundraising | 2133148 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20904 | BOY |
| EOY | 25078 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40330513 | BOY |
| EOY | 50565208 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5295690 | BOY |
| EOY | 872805 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5108462 | BOY |
| EOY | 5097317 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18025 | BOY |
| EOY | 30015 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3246361 | BOY |
| EOY | 3019835 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 135424602 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 52185326 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 73250424 | BOY |
| EOY | 83239276 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34450608 | BOY |
| EOY | 32913631 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4175343 | BOY |
| EOY | 4600991 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3814787 | BOY |
| EOY | 4018588 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 169711117 | BOY |
| EOY | 184382744 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13487769 | BOY |
| EOY | 12633167 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7153066 | BOY |
| EOY | 8077767 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41405000 | BOY |
| EOY | 40903750 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11313831 | BOY |
| EOY | 10933357 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6847925 | BOY |
| EOY | 6623366 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 80207591 | BOY |
| EOY | 79171407 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64355186 | BOY |
| EOY | 76141342 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3168075 | BOY |
| EOY | 9298655 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21980265 | BOY |
| EOY | 19771340 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89503526 | BOY |
| EOY | 105211337 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 169711117 | BOY |
| EOY | 184382744 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 27836727 | BeginningOfYearBalance |
| Contributions | 194498 | Contributions |
| Investment Earnings Or Losses | 3153863 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 455642 | GrantsOrScholarships |
| Other Expenditures | 935220 | OtherExpenditures |
| End Of Year Balance | 29794226 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 32221043 | BeginningOfYearBalance |
| Contributions | 2068751 | Contributions |
| Investment Earnings Or Losses | -5702258 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 450849 | GrantsOrScholarships |
| Other Expenditures | 299960 | OtherExpenditures |
| End Of Year Balance | 27836727 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.31000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.53000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.16000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 324552 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 11236590 | OtherCostOrOtherBasis |
| Book Value | 11561142 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 77336155 | OtherCostOrOtherBasis |
| Depreciation | 22368697 | Depreciation |
| Book Value | 54967458 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8546733 | OtherCostOrOtherBasis |
| Depreciation | 3359534 | Depreciation |
| Book Value | 5187199 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 35915898 | OtherCostOrOtherBasis |
| Depreciation | 26457095 | Depreciation |
| Book Value | 9458803 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2064674 | OtherCostOrOtherBasis |
| Book Value | 2064674 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 83239276 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ANNUITIES PAYABLE | $3,779,302 |
| FEDERAL STUDENT LOAN FUNDS | $2,844,064 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 6623366 | TotalOfAmounts |
| Total Revenue | 130933719 | TotalRevenue |
| Total Expenses | 127101741 | TotalExpenses |
| Excess Or Deficit For Year | 3831978 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 933083 | NetUnrealizedGLOnInvestments |
| Prior Period Adjustments | 11242997 | PriorPeriodAdjustments |
| Other | -$300,247 | OtherAmount |
| Total Adjustments | 11875833 | TotalAdjustments |
| Excess Or Deficit Per FS | 15707811 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 108213328 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 933083 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 933083 | RevenueNotRptdF990 |
| Revenue Subtotal | 107280245 | RevenueSubtotal |
| Other Revenues Not Included | 23653474 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 23653474 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 130933719 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 103748514 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 300247 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 300247 | ExpensesNotRptdF990 |
| Expenses Subtotal | 103448267 | ExpensesSubtotal |
| Other Expenses Not Included | 23653474 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 23653474 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 127101741 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part V, Line 4: | Description of Intended Use of Endowment Funds: | The Board members of the University, in setting the endowment spending policy, considered the following factors: 1) preservation of asset values, 2) preservation of purchasing power, and 3) consistency of spending over time. The University's Board adopted a spending policy of 4.75% with a view toward balancing the need for expendable funds for University programs against the need to preserve the endowment against inflation. In order to achieve the objective of maintaining purchasing power, the endowment's annual rate of return must equal the annual distribution, plus inflation, plus management, custodial and administrative fees. The distribution to the University is based on a 12 quarter moving average of the market value. This spending method protects the University's distribution from the increased volatility in the markets. Distributions are provided to students for scholarships, various colleges, and programs in accordance with donor designations. The distributions are reflected in the net assets of the endowment fund. However, there is not a transfer of actual cash from the endowment fund. Without requiring a liquidation of cash, this treatment allows the investments of the endowment to grow. |
| Part XI, Line 8 - Other Adjustments: | CHANGE IN ACTUARIAL OBLIGATIONS: -300247. | |
| Part XII, Line 4b - Other Adjustments: | STUDENT FINANCIAL AID: 23653474. | |
| Part XIII, Line 2d - Other Adjustments: | CHANGE IN ACTUARIAL OBLIGATIONS: 300247. | |
| Part XIII, Line 4b - Other Adjustments: | STUDENT FINANCIAL AID: 23653474. | |
| Part XI, Line 7 The University's prior year financial statements are being revised to correct the prior year recording of depreciation. In 2010, the University recognized an over-depreciation discrepancy of $11,242,997 in recorded accumulated depreciation. Approximately 95% of the discrepancy is related to two specific assets that were placed into service in 1996. Based on qualitative and quantitative factors, the impact was not material to prior financial results. As such, management concluded that the appropriate treatment was to reflect the cumulative misstatement amount of $9,916,220 in the 2009 financial statements as a correction to the opening net assets balance. Also, depreciation expense in the 2009 financial statements was reduced by $1,326,777. The total effect of these two revisions resulted in an increase to unrestricted net assets of $11,242,997. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | The University customarily draws students from the local communities. The University follows a racially nondiscriminatory policy and enrolls students of racial minority groups in meaningful numbers. | PubViaBroadcastMediaExpln |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Govt Financial Aid Explanation | UNIVERSITY OF LA VERNE PARTICIPATES IN THE SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, COLLEGE WORK-STUDY, PELL GRANT, NATIONAL SMART GRANTS, TITLE V GRANTS, NATIONAL SCIENCE FOUNDATION, PERKINS LOANS, FAMILY EDUCATION LOANS AND CALIFORNIA STATE DEPARTMENT OF EDUCATION PROGRAMS. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Advancement Golf Tourney | NameOfEvent1 |
| Gross Receipts Event1 | 59655 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 32070 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 27585 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 2936 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 22672 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 4970 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Literacy Center Gala | NameOfEvent2 |
| Gross Receipts Event2 | 22684 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 1280 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 21404 | GrossRevenueEvent2 |
| Non Cash Prizes Event2 | 5094 | NonCashPrizesEvent2 |
| Other Direct Expenses Event2 | 9950 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 82339 | GrossReceiptsTotal |
| Charitable Contributions Total | 33350 | CharitableContributionsTotal |
| Gross Revenue Total Events | 48989 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 8030 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 22672 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 14920 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 45622 | DirectExpenseSummaryEvents |
| Net Income Summary | 3367 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Scholarships/Grants for students | TypeOfGrant |
| Number Of Recipients | 1973 | NumberOfRecipients |
| Amount Of Cash Grant | 25912551 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: Students who receive grants from the University are determined in accordance with the University's standard policies and procedures. In summary, a student is required to complete a FAFSA to be considered for financial aid assistance. Upon completion of the FAFSA, the University is provided the student's estimated family contribution (EFC). Based on the EFC and other criteria (i.e. enrollment status, academic standing, etc.), the Office of Financial Aid may award a student an institutional grant. There are systemic procedures in place to ensure that the grant is applied against tuition and meets the requirements of the specific grant. Student Accounts and the Office of Financial Aid are responsible for monitoring the student's financial aid status while at the University. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (12 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stephen Morgan | |||||||||||||
| 270516 | 0 | 0 | 0 | 0 | 0 | 124987 | 0 | 9700 | 0 | 405203 | 0 | 0 | 0 |
| Philip Hawkey | |||||||||||||
| 234067 | 0 | 0 | 0 | 0 | 0 | 23580 | 0 | 489 | 0 | 258136 | 0 | 0 | 0 |
| Alden Reimonenq | |||||||||||||
| 240202 | 0 | 0 | 0 | 0 | 0 | 21960 | 0 | 458 | 0 | 262620 | 0 | 0 | 0 |
| Jean Bjerke | |||||||||||||
| 160720 | 0 | 0 | 0 | 0 | 0 | 16860 | 0 | 9494 | 0 | 187074 | 0 | 0 | 0 |
| Homa Shabahang | |||||||||||||
| 160878 | 0 | 0 | 0 | 0 | 0 | 16404 | 0 | 7790 | 0 | 185072 | 0 | 0 | 0 |
| Allen Easley | |||||||||||||
| 253836 | 0 | 0 | 0 | 0 | 0 | 23496 | 0 | 5065 | 0 | 282397 | 0 | 0 | 0 |
| Mark Goor | |||||||||||||
| 156019 | 0 | 0 | 0 | 0 | 0 | 15888 | 0 | 5854 | 0 | 177761 | 0 | 0 | 0 |
| Rita Thakur | |||||||||||||
| 176388 | 0 | 0 | 0 | 0 | 0 | 13200 | 0 | 9422 | 0 | 199010 | 0 | 0 | 0 |
| Keeok Park | |||||||||||||
| 170133 | 0 | 0 | 0 | 0 | 0 | 8868 | 0 | 8363 | 0 | 187364 | 0 | 0 | 0 |
| Janat Yousof | |||||||||||||
| 161307 | 0 | 0 | 0 | 0 | 0 | 9024 | 0 | 5854 | 0 | 176185 | 0 | 0 | 0 |
| David Kung | |||||||||||||
| 152219 | 0 | 0 | 0 | 0 | 0 | 9876 | 0 | 4560 | 0 | 166655 | 0 | 0 | 0 |
| H Randall Rubin | |||||||||||||
| 151943 | 0 | 0 | 0 | 0 | 0 | 15456 | 0 | 6959 | 0 | 174358 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | Part I, Line 4a | ReturnReference |
| Explanation | The President had an executive retirement plan as part of his overall compensation package. The President participated in the plan during fiscal year 2009/2010 and is expected to receive his distribution at the end of fiscal year 2010/2011. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer |
|---|---|---|---|---|---|---|
| California Educational Facilities Authority | ||||||
| 521705592 | 130178NE2 | 2008-03-27 | 22500000 | UNIVERSITY CONSTRUCTION/IMPROVEMENTS | 0 | 0 |
| California Educational Facilities Authority | ||||||
| 521705592 | 130178aq9 | 2005-11-10 | 20570652 | UNIVERSITY CONSTRUCTION/IMPROVEMENTS & REFUND PRIOR BOND ISSUANCE DEBT | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Total ProceedsTotalProceeds | Amount UnspentAmountUnspent | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Amount In Reserve FundAmountInReserveFund |
|---|---|---|---|---|---|---|---|---|---|
| 22335500 | 3895154 | 505690 | 17399494 | 2009 | 0 | 0 | 0 | 1 | |
| 21069770 | 309604 | 403582 | 5995364 | 2007 | 1 | 1 | 0 | 1 | 1795389 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 1 | 1 |
| 0 | 0 | 0 | 0 | 1 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 1 | 1 | 0 | 0 | 0 | 0 |
| 1 | 0 | 0 | 0 | 0 | 0 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| ANNA JABLONSKI | |||
| FAMILY MEMBER OF PHIL HAWKEY, EXECUTIVE VICE PRESIDENT | 71627 | COMPENSATION FOR EMPLOYMENT | 0 |
| BIANCA ROMERO | |||
| FAMILY MEMBER OF CECILIA MARTINEZ MORRIS, TRUSTEE | 51467 | COMPENSATION FOR EMPLOYMENT | 0 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 10000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Donor Estimate | MethodOfDeterminingRevenues |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 4699 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Publicly Listed | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 151118 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Publicly Listed | MethodOfDeterminingRevenues |
Collectibles Collectibles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 7630 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Bookfinder.com | MethodOfDeterminingRevenues |
Archaeological Artifacts ArchaeologicalArtifacts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 10804 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Donor Estimate | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | Cameras | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Donor Estimate | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Third Party Use: | Identifier |
| Return Reference | Part I, Line 32b: | ReturnReference |
| Explanation | The University may utilize organizations to liquidate non-cash contributions if it is determined that it does not want to maintain the contribution and the donor restrictions allow for such liquidation. The organization selected depends on the type of contribution received and the market in which it can be liquidated. For example, the University may utilize a property management firm to post available properties of real estate or an investment firm to sell stocks. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section A, line 2 | Steve Reenders and Richard Lewis, business relationship |
| Form 990, Part VI, Section B, line 11 | The information/data for the 990 is primarily gathered, calculated and compiled by the Financial Operations Manager. Upon completing these steps, the information is forwarded to the Associate Vice President of Finance for review and approval. Once approved, the information/data is sent to the Accounting Firm, Moss Adams, LLP, to prepare the actual 990. Once completed, the 990 is forwarded to the Financial Operations Manager to ensure that the information that had been originally provided was entered correctly into the 990. The Associate Vice President performs another review of the return. The 990 is then forwarded to the Audit Committee of the Board of Trustees for review, comments and approval. The final approved Form 990 is made available to the full board through posting on a secure website prior to filing with the IRS. |
| Form 990, Part VI, Section B, line 12c | The conflict of interest statement is obtained annually from officers, trustees and key employees. |
| Form 990, Part VI, Section B, line 15 | The Board of Trustees establishes the salary of the president, and the president establishes the salaries for the University's vice presidents. The Human Resources Department reviews the University's salaries/compensation and compares the information to both national and local comparability data to ensure the University's pay rates are consistent with other comparable institutions. An independent compensation consultant was used beginning Fall of 2010 to assist in finding a new president and developing the compensation package. |
| Form 990, Part VI, Section C, line 19 | - FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FROM THE FINANCE OFFICE. ALSO, THE AUDITED FINANCIAL STATEMENTS ARE POSTED TO THE ELECTRONIC MUNICIPAL MARKET ACCESS WEBSITE (WWW.EMMA.MSRB.ORG). THERE ARE PLANS TO POST THE AUDITED FINANCIAL STATEMENTS TO THE UNIVERSITY OF LA VERNE WEBSITE UNDER THE REVISED FINANCE OFFICE WEBPAGE. - THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST FROM THE FINANCE OFFICE. CONFLICT OF INTEREST POLICY IS ALSO AVAILABLE ON THE UNIVERSITY'S WEBSITE UNDER THE HUMAN RESOURCES PAGE. - GOVERNING/ORGANIZING DOCUMENTS ARE AVAILABLE UPON REQUEST FROM THE FINANCE OFFICE |
| Schedule K, Part II, Column B, Line 11 Final allocation of proceeds Funds have not yet been fully allocated because the purpose of the 2005A bond issue is relatively limited. The University will utilize the remaining balance in the next 18 months for the construction of a new residence hall and the expansion of its chilled water system. | |
| Schedule K, Part II, Column A, Line 5 Issuance costs = $405,441 Credit enhancement fees = $100,249 |
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