2011-01-18T15:03:16-07:00 2010-05-31 990 2009-06-01 381359569 SPRING ARBOR UNIVERSITY SPRI 5177501200 106 E Main Street Spring Arbor MI 492839984 Jerry White 5177501200 2011-01-18 2009 2016-02-24 21:20:13Z Charles Webb 106 E Main Street Spring Arbor MI 49283 77088970 0 X www.arbor.edu X 1873 MI Spring Arbor University provides post-secondary education for nearly 4,000 students, granting BA, BS, MA & MS degrees for programs on it's main campus and at sites around the state of Michigan. The concept/mission of the university is: "Spring Arbor University is a community of learners distinguished by our lifelong involvement in the study and application of the liberal arts, total commitment to Jesus Christ as the perspective for learning and critical participation in the contemporary world." 34 28 1960 5 197985 0 2797696 14106631 55742666 54935713 -727995 107430 395278 669525 58207645 69819299 13368952 14680279 0 0 26356047 27568957 10000 10000 1418283 18839520 18975330 58574519 61234566 -366874 8584733 72739635 81131919 35058461 45330387 37681174 35801532 Spring Arbor University provides post-secondary education for nearly 4,000 students, granting BA & MA degrees for programs on it's main campus and at sites around the state of Michigan. The concept/mission of the university is:"Spring Arbor University is a community of learners distinguished by our lifelong involvement in the study and application of the liberal arts, total commitment to Jesus Christ as the perspective for learning and critical participation in the contemporary world." 0 0 51986756 14680279 55407253 Spring Arbor University is a Christian institution serving over 4,000 students. All program service expenses are related to instruction, academic support, student and auxiliary services for those students who study at our main campus, through our online education programs, or at our fourteen sites around the state of Michigan. (4120 students) 0 0 0 51986756 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 1 1 1 0 1 78 0 1 1960 1 1 1 0 0 0 0 34 28 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 MI X Spring Arbor University 5177501200 106 E Main Spring Arbor MI 492839984 Linda Adams 2 X 0 0 0 Russell Atherton 2 X 0 0 0 Tamara Bailey 2 X 0 0 0 Sarah Bates 2 X 0 0 0 Debra Blews 2 X 0 0 0 Daniel Boss 2 X 0 0 0 Guy Charles 2 X 0 0 0 Mark Chase 2 X 0 0 0 Harvey Gainey 2 X 0 0 0 James Gallogly 2 X 0 0 0 Judi Ganton 2 X 0 0 0 Michael Helmer 2 X 0 0 0 Todd Hunt 2 X 0 0 0 Beth Kuntzleman 0 X 0 0 0 Douglas Lockhart 2 X 0 0 0 Herbert McLachlan 2 X 0 0 0 Gordon Milnes 2 X 0 0 0 Randall Pittman 2 X 0 0 0 Harold Poling 2 X 0 0 0 Thomas Ramundo 2 X 0 0 0 Gregory Schupra 2 X 0 0 0 Ray Shinabarger 2 X 0 0 0 Faith Small 2 X 0 0 0 Mark Thompson 2 X 0 0 0 Richard Townley 2 X 0 0 0 Robert Turner 2 X 0 0 0 Marvelle Vannest 2 X 0 0 0 Paul Walter 2 X 0 0 0 Scott Wiard 2 X 0 0 0 Scott Wieland 2 X 0 0 0 James Woodcock 2 X 0 0 0 Leslie Dietzman 4 X 0 0 0 Steven Hogwood 3 X 0 0 0 Edward Lamoreaux 3 X 0 0 0 Jerry White 40 X 114974 0 0 Kimberly Hayworth 40 X 76920 0 0 Matthew Osborne 40 X 90039 0 0 Betty OvertonAdkins 40 X 133487 0 0 Brent Ellis 40 X 43428 0 0 Jeff Edwards 40 X 101350 0 0 Jay Mansur 40 X 119690 0 0 Charles Webb 40 X X 221972 0 0 901860 0 0 5 0 1 0 Jackson Printing Company Inc 3136 Francis St Jackson MI 49203 Printing admissions materials 117153 Royall Company 1920 East Parham Road Richmond VA 232282206 Recruitment contact generation 197916 Hobbs & Black Associates Inc 100 North State St Ann Arbor MI 48104 Architect 236850 Mitchell Graphics 2363 Mitchell Park Dr Petoskey MI 49770 Printing admission materials 108901 4 0 0 0 0 639083 13467548 10985286 14106631 Student Tuition and Fees 611310 47965259 47965259 0 0 Auxiliary services 611310 6970454 6865009 105445 0 0 0 0 0 54935713 189938 0 0 189938 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5214815 0 5297323 0 -82508 0 -82508 0 0 -82508 0 0 0 0 0 0 0 0 0 0 0 0 0 2228888 1972348 256540 256540 0 0 412985 320445 92540 0 412985 69819299 55407253 197985 107430 0 0 14680279 14680279 0 0 0 0 1153562 531741 404479 217342 0 0 0 0 20511955 17488070 2487517 536368 1338396 1141089 162309 34998 3130296 2628280 415018 86998 1434748 1223237 173994 37517 1656641 1656641 65957 21540 44417 68300 68300 10000 10000 68243 68243 950284 610014 321956 18314 696840 682823 14017 2857230 2174813 540563 141854 523402 159432 356691 7279 2004009 2004009 1591318 1467744 67884 55690 640376 364198 190469 85709 598027 598027 2365913 1909656 383333 72924 395518 122550 272968 Post-Retirement Liability, Bad Debts 1237614 74438 1163176 0 Contribution Rec Allowance/Deriv 777322 247838 503579 25905 Professional Development 140407 139343 1064 0 2337929 2060994 189550 87385 61234566 51986756 7829527 1418283 624737 596518 3827647 7574176 2708172 2202444 2479264 3223839 0 0 0 0 3787657 3424688 489705 363434 237117 317773 80349220 25359020 50266242 54990200 6692737 6975452 383992 -35129 0 0 1242365 1498524 72739635 81131919 3154545 4166846 0 4178330 4324834 15470000 23800000 0 0 4706025 4042494 7549561 8996213 35058461 45330387 X 27320329 25475864 3116874 2848991 7243971 7476677 37681174 35801532 72739635 81131919 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7203232 225445 817263 23985 32668 0 8189287 9161541 31346 -1839490 185350 -35185 0 7203232 0.21 0.79 0 1 0 1852640 0 1852640 52252817 0 12756371 39496446 3686637 0 758576 2928061 16149624 0 11844073 4305551 6407502 0 0 6407502 54990200 -269283 F 0 Inland Real Estate Corporation Limited Partnership 2716 F Inland Western Retail Real Estate Limited Partnership 35270 C Real estate & land contracts 196168 C -35129 Deferred Bond Issuance Cost 533872 Beneficial interest in trusts 964652 1498524 0 Accrued post-retirement benefits 5054954 Refundable student loan advances 3089704 Refundable student deposits 582272 Interest in swap agreements 269283 8996213 69819299 61234566 8584733 981534 0 68243 0 -798103 251674 8836407 59648546 175048 0 0 -14680279 -14505231 74153777 0 -4334478 -4334478 69819299 50180320 0 0 0 -14680279 -14680279 64860599 0 -3626033 -3626033 61234566 SchD_P05_S00_L04 Schedule D, Part V, Line 4 Permanently restricted endowment funds are used to support student scholarships, instruction, academic support and institutional support activities as intended by donor restrictions. Board designated endowment funds are used at the direction of the governing board for specific projects which may include capital purchases, special projects, and other items. SchD_P10_S00_L00 Schedule D, Part X Other liabilities include accrued post-retirement benefits, refundable government loan advances, refundable deposits, and the liability for derivative contracts. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Change in value of trusts, annuities, and derivative contract and allowance for contributions receivable SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Student financial aid (tuition and fees is reported net of institutional aid) $14,680,279 SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Endowment gifts $233,329, less SAU Foundation income $562, less Michindoh Conference Center revenue -$2,594,897, bookstore -$1,972,348 SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Student financial aid $14,680,279 SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Loss on disposal of property $254,486, investment expense $68,243, allowance for contributions receivable $409,915, change in value of derivative contract $367,407, less Michindoh Conference Center operation and depreciation -$2,753,735and bookstore resale items -$1,972,347 1 1 0 The racially nondiscriminatory policy is not currently published in these ways, but will be included in the future. Since much of the information that prospective students receive is via our website and other publications, this information is included there. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 The university receives student financial aid for students from the Title IV program of U S Department of Education and from the state education departments of Michigan and Ohio. 1 1 Institutional student financial aid 2674 0 14680279 Actual amounts granted to recipients via aid posting Institutional scholarships and grants to eligible students SchI_P01_S00_L02 Schedule I, Part I, Line 2 All funds included in the grants section are for institutional financial aid for students and are tracked as to award eligibility, use of funds, and any adjustments by our student financial aid office along with any state, federal, or other aid awarded. X X 1 1 X X 0 0 0 0 0 0 0 0 0 Jerry White 121964 0 0 0 0 0 0 0 32897 0 154861 0 139952 0 Kimberly Hayworth 78000 0 0 0 0 0 0 0 23035 0 101035 0 0 0 Matthew Osborne 97527 0 0 0 0 0 0 0 29247 0 126774 0 94872 0 Betty OvertonAdkins 135377 0 0 0 0 0 0 0 26905 0 162282 0 167127 Charles Webb 220000 0 0 0 0 0 0 0 29619 0 249619 0 155612 0 Brent Ellis 45833 0 0 0 0 0 0 0 17647 0 63480 0 0 0 Jay Mansur 122562 0 0 0 0 0 0 0 31300 0 153862 0 187639 0 Jeff Edwards 104667 0 0 0 0 0 0 0 36984 0 141651 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The president is required to live in a residence on the campus and dues for country club membership are provided for him and vice president for advancement. Dues are routinely paid for community and professional organization for officers and other employees. Michigan Higher Education Facilities Authority Limited Obligation Revenue - SAU Proj Series 2010 521285150 594519T75 2010-02-11 9085000 Residence Hall Construction & Building Repairs/Renovations 0 0 Michigan Higher Education Facilities Authority Variable Rate Demand Limited Obligation Revenue Bonds - Proj Series 2005 521285150 594519J50 2005-10-01 6515000 Dormitory Construction (Gainey Hall) 0 0 Michigan Higher Education Facilities Authority Limited Obligation Rev Bond - SAU Project Series 2003B 521285150 594519C81 2003-10-23 3881385 Energy conservation/deferred maintenance projects 0 0 Michigan Higher Education Facilities Authority Limited Obligation Revenue & Revenue Refunding Bond - SAU Proj Series 2003 521285150 594519ZP8 2003-01-03 2539821 Construction of village housing/apartment renovations 0 0 9085000 4165662 185000 4734338 2011 0 0 0 1 6515000 0 222285 6515000 2006 0 0 0 1 3881385 155269 38813855 2004 0 0 0 1 2539821 0 434775 95291 2539821 2004 1 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0.0141 0.0141 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 1 1 Comerica Bank 10 0 0 0 0 1 1 Comerica Bank 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Reid Atherton Family member of Russ Atherton, board member 42445 Employement 0 Thomas Kuntzleman Family member of Beth Kuntzleman, board member 53939 Employment 0 Comerica Bank Board member Gregory Schupra is a VP at Comerica 572929 Interest Payments 0 Wieland-Davco Corporation Board member Scott Wieland is a VP at Wieland-Davco Corp. 4599862 Construction University Hall 0 X 2 6021 Fair market value X 1 10979265 Appraisal 1 0 1 0 F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 Completed Form 990 will be reviewed by the board finance committee before the semi-annual board meeting in May, 2011. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Board members and executive team members submit conflict of interest documents annually. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The compensation for the president was benchmarked by the Human Resources Director and that information was used by the board chair and executive committee in the hiring of Dr. Webb in 2008. Further increases are also initiated by that group. Other executive team members' compensation is determined through benchmarking studies on an annual basis. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Governing documents, conflict of interest policy, and audited financial statements are provided to the public on request. Spring Arbor University Foundation 106 E Main Street Spring Arbor MI 49201 743066798 Planned giving fundraising for support of Spring Arbor University MI 501(c)(3) 509(a)(3) Type 1 Spring Arbor University Michindoh Conference Center 4545 E Bacon Road Hillsdale MI 49242 270209917 Christian conference center MN 501(c)(3) 9 Spring Arbor University 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 Michindoh Conference Center b 125000