2011-05-12T13:57:35-07:00 2010-06-30 990 2009-07-01 910565553 SEATTLE PACIFIC UNIVERSITY SEAT 2062812066 3307 THIRD AVE W SEATTLE WA 981191997 Craig Kispert 2062812066 2011-05-06 2009 2016-02-24 21:20:13Z Philip W Eaton 3307 Third Ave W Seattle WA 981191997 124527075 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. 13 11 2384 200 166569 0 5640684 7160133 110451614 114164355 568547 1064756 385476 390020 117046321 122779264 31609280 34917072 0 0 51368721 53474177 0 0 2985867 33444756 33907664 116422757 122298913 623564 480351 205776108 208471743 112875179 111319045 92900929 97152698 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 78530849 34909673 97586495 Higher Education: The academic programs 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. 18932299 7399 2342426 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 35,122 Alumni to keep them engaged and involved with the University for years to come. 11424253 0 12476014 Student Housing and Dining: Housing services are provided for 1,481 students and 1,182 students take part in the University meal plans annually. 1724392 0 1759420 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 326 groups that utilized these facilities. 1724392 0 1759420 110611793 1 1 0 0 0 1 0 0 1 1 0 1 1 0 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 1 1 0 1 0 1 0 0 0 0 1 0 0 0 1 514 0 1 2384 1 1 1 0 0 0 0 1 1 0 0 0 1 1 13 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 WA X Controller's Office 2062812066 3307 Third Ave W Seatle WA 981191997 A Gary Ames 4 X 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 Beth T Kawasaki 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 1 X 0 0 0 Richard E Stearns 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 319320 0 101977 Donald W Mortenson 55 X X 222142 0 35958 Marjorie Johnson 55 X 186275 0 31026 Les Steele 55 X 160010 0 28393 Thomas W Box 55 X 142318 0 24428 Robert McIntosh 40 X 174949 0 28377 Martin Abbott 40 X 153580 0 25857 Craig Kispert 40 X 144265 0 24883 Jeffrey Van Duzer 40 X 143845 0 24861 1646704 0 325760 37 0 1 0 Miller Hull 911 Western Ave Ste 220 Seattle WA 981041031 Architectural services 2632154 Seattle Best Services of America Inc 13400 Northup Way Ste 7 Bellevue WA 98005 Custodial services 540785 Northwest Landscape Services of Washington LLC PO Box 864 Woodinville WA 980720864 Landscape services 355423 Johannessen and Associates 5413 Meridian Ave N No C Seattle WA 98103 Legal services 246282 FACET Innovations 1314 NE 43rd St Ste 207 Seattle WA 981055832 Educational research and development 223786 16 94109 0 6330 40000 2875697 4143997 103810 7160133 Tuition and Fees 611310 97586495 97586495 0 0 Student Housing and Dining 611310 12476014 12476014 0 0 Public Service Activities 611310 1759420 1759420 0 0 Seminars and Events 611310 783515 783515 0 0 Other Sales and Service 611310 911755 911755 0 0 647156 385342 0 261814 114164355 948275 0 0 948275 0 0 0 0 0 0 0 0 430675 0 238194 0 192481 0 192481 0 0 192481 85286 1514727 86423 1397109 -1137 117618 116481 0 0 116481 57055 6330 26085 30970 0 0 30970 Accomodation 721000 166569 0 166569 0 0 0 0 0 166569 122779264 113902541 166569 1550021 7399 7399 34909673 34909673 0 0 0 0 1024048 378942 464907 180199 0 0 0 0 39628890 34667132 3413936 1547822 3052477 2586669 325699 140109 6638437 5686493 647670 304274 3130325 2652637 334006 143682 0 0 0 0 658141 14331 643810 0 168237 2649 165588 0 0 0 0 0 0 0 417261 0 417261 0 6670070 6370666 231904 67500 539647 528913 10609 125 3643226 2898936 580511 163779 1177470 947215 151457 78798 6682 3686 2996 0 8539313 8254048 165013 120252 2852970 2593488 216111 43371 0 0 0 0 300148 280647 16655 2846 0 0 0 0 0 0 0 0 8076196 7324131 554550 197515 453070 93328 358835 907 Miscellaneous Expenses 405233 410810 -265 -5312 0 0 0 0 122298913 110611793 8701253 2985867 954416 15195798 13696182 0 947350 969807 3190063 3467670 284282 272495 0 0 9400358 9483031 285822 258135 1613295 1826465 189194645 71424293 120788968 117770352 0 0 54615372 59227990 205776108 208471743 10307691 10276782 0 0 3826760 4346520 78780000 75300000 0 0 0 0 102333 51167 0 0 19858395 21344576 112875179 111319045 X 59242307 57640568 5708528 10577136 27950094 28934994 92900929 97152698 205776108 208471743 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 35180848 1612672 4482305 1100803 457808 324203 39393011 47103706 1141894 -10868739 1390667 490486 314860 35180848 0.22 0.78 0 0 1 1 5887041 17365493 23252534 1208357 143324987 58674355 85858989 0 0 0 0 0 12962566 7513721 5448845 0 8446201 5236217 3209984 117770352 0 0 Pooled investments - cash and short-term 3843623 F Pooled investments - common stock 23458549 F Pooled investments - bond mutual funds 7582564 F Pooled investments - private equities 8287695 F Pooled investments - notes receivable 2227445 F Pooled investments - real estate 7759859 F Split interest agreements held by others 6068255 F 59227990 0 Trust and annuity obligations 2976747 Student deposits and prepaid fees 1601936 Asset retirement obligation 1101415 Fair value of interest rate swaps 8738503 Governmental student loan programs 6883252 Miscellaneous liablities 42723 21344576 122779264 122298913 480351 3771418 0 0 0 704471 4475889 4956240 92560686 3771418 0 0 -33817885 -30046467 122607153 417261 -245150 172111 122779264 87604446 0 0 0 694967 694967 86909479 417261 34972173 35389434 122298913 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_L00 Schedule D, Part X 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 - (35,077,563); Grant administration cost recovery - 105,390; Seattle Pacific Foundation revenue, including trusts (consolidated in audited financial statements) - 1,154,288. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Rental expense Part VIII6b - (238,194); Fundraising event expense Part VIII 8b - (20,311); Ft. Casey Inn (990T) interdepartmental revenue - 13,355. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Seattle Pacific Foundation expense, including trusts (consolidated in audited financial statements) - 449,817; Rental expense Part VIII6b - 238,194; Fundraising event expense Part VIII8b - 20,311; Ft. Casey Inn (990T) interdepartmental revenue - (13,355). SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Grants and scholarships - 35,077,563; Grant administration cost recovery - (105,390). 1 1 0 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 20% or 750 ethnic students in our student body, which constitutes meaningful results in comparison to the ethnic makeup of the Northwest region. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 The University receives money from the federal government for research, student loans, grants and work study. The following is a list of the programs funded in part, or in whole, by the federal government: Federal Pell Grant Program, Federal Supplemental Education Opportunity Grant, Federal Work-Study Program, Federal Academic Competitiveness Grant, National SMART Grant, TEACH Grant, Perkins Loan Program, Nursing Student Loan Program, National Institutes of Health Grants, National Science Foundation Grants. 1 Central America and the Caribbean 0 0 Program Services Student study tours and service trips 98818 East Asia and the Pacific 0 0 Program Services Student study tours and service trips 296997 Europe (including Iceland and Greenland) 0 0 Program Services Student study tours 310299 Middle East and North Africa 0 0 Program Services Student service trip 24327 Russia and the newly independent States 0 0 Program Services Student service trip 25350 South America 0 0 Program Services Student service trip 10151 South Asia 0 0 Program Services Student service trip 33326 Sub-Saharan Africa 0 0 Program Services Student study tours and service trips 67715 0 0 866983 Golf Tournament - Basketball 60245 6330 53915 0 1633 13272 0 0 3003 0 0 60245 6330 53915 0 1633 13272 0 0 3003 17908 36007 1 X Institutional Student Scholarships and Grants 2779 0 32499916 Book Federally Funded Student Scholarships and Grants 445 0 1289329 Book Privately Funded Student Scholarships and Grants 421 0 1120428 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 recipients' academic achievement, financial need, and other standards similar to those held by other universities. The students 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 301668 0 0 0 17652 0 33336 0 68641 0 421297 0 0 0 Donald W Mortenson 208553 0 0 0 13589 0 24863 0 11095 0 258100 0 0 0 Marjorie Johnson 183751 0 0 0 2524 0 20957 0 10069 0 217301 0 0 0 Les Steele 157542 0 0 0 2468 0 17963 0 10430 0 188403 0 0 0 Robert McIntosh 158723 0 0 0 16226 0 17811 0 10566 0 203326 0 0 0 Martin Abbott 152114 0 0 0 1466 0 16416 0 9441 0 179437 0 0 0 Craig Kispert 142660 0 0 0 1604 0 15525 0 9358 0 169147 0 0 0 Jeffrey Van Duzer 142624 0 0 0 1221 0 15505 0 9356 0 168706 0 0 0 Thomas W Box 133251 0 0 0 9067 0 14787 0 9641 0 166746 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a First Class Travel - Certain University salaried officers and key employees are allowed to fly first class based on work need or physical limitations as approved by their immediate supervisors. Disqualified Persons as defined by IRC 4946 use of first class travel are also approved in advance by the governing board. Travel for Companions - The spouse of the President is allowed to travel with the President as required for business purpose and specifically approved by the board chair. The spouse of the chief academic officer travels at University expense as approved by the President to one professional conference that has programs for academic leader spouses. Housing Allowance - The President is required, as a condition of employment to live in campus provided housing. All facility related expenses to such housing is paid for by the University. Social Clubs - Social club memberships are provided to certain employees and officers related to their specific job responsibilities for donor development and business meetings. Any personal use of the clubs is minor and is reimbursed to the University and for disqualified persons as defined by IRC 4946 the memberships are approved in advance by the governing board. Washington Higher Education Facilities Authority 911306482 939781A42 2008-06-26 81390000 Current refunding of auction rate security bonds issued 12/01/2005 0 0 81390000 0 80102982 0 603668 683350 0 2008 1 0 1 1 0 0 1 0 1 0 0 0 1 0 1 0 0 0 1 Donald Mortenson Housing Loan X 328601 272495 0 1 1 272495 Merit Scholarship Relative of Trustee 8000 Chadwick Steele Family member of key employee - not in reporting line to relative 63727 Compensation/benefits 0 Melanie Whitehead Spouse of board member - not in reporting line to relative 60046 Compensation/benefits 0 Marilyn Mortenson Spouse of key employee - not in reporting line to relative 55617 Compensation/benefits 0 Ingrid Steele Family member of key employee - not in reporting line to relative 33538 Compensation/benefits 0 Andrea Steele Family member of key employee - not in reporting line to relative 11468 Compensation/benefits 0 X 15 85366 Market price X Equipment & Misc 27 18444 Sale of comparable items 14 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 Publicly traded securities are liquidated by investment brokers and other assets are liquidated by brokers/dealers specialized in a specific area. F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 The University posts the form 990 on a secure website for the trustees to access prior to filing. The trustees receive a link to the website that allows them to access the return. The Executive Committee of the Board reviews the 990 as part of a separate process. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Once a year conflict of interest questionnaires are sent to the trustees, officers, directors, and key employees along with requests of other information that is needed for 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 occurance with no excess benefit to trustee. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The President's compensation is reviewed and approved by the Executive Committee of the Board of Trustees. The review includes a comparison of compensation levels of university presidents of similar institutions using both regional and national higher education compensation surveys. The compensation of other officers and key employees is reviewed and approved by Executive Committee using a similar methodology of reviewing existing and proposed compensation against regional and national higher education surveys. The Executive Committee 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 990 definition only - not an officer per organization's by-laws. 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 agreeement between SPU and Sodexo for this service so that the agreement meets the safe harbor provisions available under Rev. Proc. 97-13. 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) 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 Seattle Pacific Foundation a-i 95310 Seattle Pacific Foundation l 434010 Seattle Pacific Foundation p 397186