2026-06-24T09:36:11-05:00 2025-08-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2024-09-01 410684657 NORTHWESTERN HEALTH SCIENCES UNIVERSITY NORT 9527774342 2501 WEST 84TH STREET BLOOMINGTON MN 554311599 JANE GARNER CHIEF FINANCIAL OFFICER 9527774342 2026-06-23 1 1 ANN NEIL P01817922 6123764500 2026-06-23 2024 2025-03-06 01:10:19Z DR DEBORAH J BUSHWAY 2501 WEST 84TH STREET BLOOMINGTON MN 554311599 33878611 0 1 X WWW.NWHEALTH.EDU X 1942 MN PREPARE PROFESSIONALS AND LEADERS TO BECOME CONTRIBUTORS TO THE ADVANCEMENT OF HEALTH CARE. 14 13 512 10 0 0 856947 798547 25774723 26165579 566959 977003 644533 709641 27843162 28650770 1766537 1834982 0 0 19113706 18609779 0 0 420565 9378095 9072152 30258338 29516913 -2415176 -866143 34328610 31457424 9569210 6952853 24759400 24504571 X NORTHWESTERN HEALTH SCIENCES UNIVERSITY PREPARES AND SERVES THE NEXT GENERATION OF PROFESSIONALS AND LEADERS TO BECOME VITAL CONTRIBUTORS TO THE DELIVERY AND ADVANCEMENT OF HEALTH CARE. OUR MISSION IS ACCOMPLISHED THROUGH EDUCATIONAL EXCELLENCE, INNOVATIVE RESEARCH, EVIDENCE-INFORMED PATIENT-CENTERED CARE, PUBLIC HEALTH ADVOCACY AND COLLABORATIVE COMMUNITY ENGAGEMENT. 0 0 21109765 1834982 25207750 CORE PROGRAM - THE UNIVERSITY'S ACCREDITED CHIROPRACTIC, ACUPUNCTURE & CHINESE MEDICINE, MASSAGE THERAPY, NUTRITION AND UNDERGRADUATE PROGRAMS PROVIDE INSTRUCTION AND CLINICAL EXPERIENCE TO STUDENTS, LEADING TO A DEGREE AND/OR PROFESSIONAL CERTIFICATE.FALL 2024 ENROLLMENT PER PROGRAM (NUMBER OF STUDENTS):CHIROPRACTIC - 495; ACUPUNCTURE AND CHINESE MEDICINE - 81; MASSAGE THERAPY - 92; NUTRITION - 58; UNDERGRADUATE - 234, ALLIED HEALTH - 185. 1464562 0 957829 CLINICAL - THE CLINICS PROVIDE CHIROPRACTIC, ACUPUNCTURE, MASSAGE THERAPY AND PHYSICAL THERAPY TREATMENTS TO STUDENTS, EMPLOYEES AND THE PUBLIC. STUDENTS OBTAIN EXPERIENCE THROUGH CLINICAL SERVICE. THE UNIVERSITY ALSO PROVIDES THESE SERVICES AT SEVERAL COMMUNITY CLINICS.NUMBER OF STUDENTS IN THE ON-SITE CLINICS - 583NUMBER OF PATIENT VISITS - 28,160 1384238 0 544583 AUXILIARY - THE BOOKSTORE'S PRIMARY PURPOSE IS TO PROVIDE EDUCATIONAL MATERIALS FOR STUDENTS, BUT IS OPEN TO THE GENERAL PUBLIC AS WELL. 23958565 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 1 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1975 0 1 512 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X JANE GARNER 9527774342 2501 WEST 84TH ST BLOOMINGTON MN 55431 DEBORAH BUSHWAY PRESIDENT 40.00 0.00 X X 399386 0 65237 KEITH M JOHNSON CHAIR 2.00 0.00 X X 0 0 0 CHRISTOPHER D JO VICE CHAIR 2.00 0.00 X X 0 0 0 LORI LAUBER SECRETARY 2.00 0.00 X X 0 0 0 MARK GARNETT TRUSTEE 2.00 0.00 X 0 0 0 DAVID HOLTE TRUSTEE 2.00 0.00 X 0 0 0 ROGER LINDAHL TRUSTEE 2.00 0.00 X 0 0 0 MARY BETH MINSER TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL OFFERMAN TRUSTEE 2.00 0.00 X 0 0 0 RACHEL ROMANELLI TRUSTEE 2.00 0.00 X 0 0 0 CODY SCHARPF TRUSTEE 2.00 0.00 X 0 0 0 NICOLE VANECEK TRUSTEE 2.00 0.00 X 0 0 0 DESIREE WHITNEY TRUSTEE 2.00 0.00 X 0 0 0 STEVEN GRAHAM TRUSTEE 2.00 0.00 X 0 0 0 JANE GARNER CFO/TREASURER 40.00 0.00 X 94522 0 13170 MICHAEL TENNISON VP CLINIC ADMIN (THRU 09/2024) 40.00 0.00 X 191891 0 23011 KIMBERLY PEARCE CHIEF ACADEMIC OFFICER 40.00 0.00 X 207050 0 36112 CORY MILLER VP OF INFORMATION TECHNOLOGY 40.00 0.00 X 199661 0 43679 LINDA BERG VP OF ADVANCEMENT (THRU 04/2025) 40.00 0.00 X 182336 0 8646 MARY GALE VP OF HR 40.00 0.00 X 174085 0 37143 1448931 0 226998 30 0 1 0 ELLUCIAN COMPANY LLC 4 COUNTRY VIEW ROAD MALVERN PA 19355 SOFTWARE SERVICES 341900 TRUITY PARTNERS LLC PO BOX 46610 MADISON WI 53744 CONSULTING SERVICES 259870 LUNDS & BYERLYS CATERING PO BOX 412030 BOSTON MA 02241 CATERING 171540 NORTH AMERICAN SYSTEMS INT 875 BLUE GENTIAN ROAD SUITE 400 EAGAN MN 55121 SOFTWARE SERVICES 154840 SECURITAS SEC SVS USA INC 1450 ENERGY PARK DR ST PAUL MN 55108 SECURITY SERVICES 135252 12 25068 385055 388424 38000 798547 TUITION AND FEES 611310 25207750 25207750 CLINICAL LAB FEES 621500 884946 884946 WELLNESS SERVICES 621500 72883 72883 26165579 792322 792322 4588107 4403426 184681 184681 184681 0 25068 38376 -38376 -38376 1330622 786039 544583 544583 MISCELLANEOUS REVENUE 900099 203434 203434 203434 28650770 26710162 0 1142061 1227589 1227589 607393 607393 623312 623312 14324673 12954745 1209990 159938 565460 477452 81251 6757 1966806 1595600 355399 15807 1129528 942363 174663 12502 62186 62186 135120 135120 103013 103013 928983 516644 397564 14775 589364 50472 514643 24249 770734 557031 203906 9797 1642715 1474341 116965 51409 168150 168150 1656399 1424383 214626 17390 137335 71822 46558 18955 390389 286814 30832 72743 179624 179624 1547073 1330370 200460 16243 299913 299913 CLINIC PATIENT EXPENSES 251277 143926 107351 DUES AND MEMBERSHIPS 58797 17087 41710 151080 112383 38697 29516913 23958565 5137783 420565 1156742 1207094 280560 236446 3493551 286357 410827 330590 438691 782856 36368483 21280774 15785814 15087709 12067908 13021850 121183 98114 487807 346730 85527 59678 34328610 31457424 1995134 1235196 156602 225067 5894953 4436568 1522521 1056022 9569210 6952853 X 20237435 19680269 4521965 4824302 24759400 24504571 34328610 31457424 -866143 611314 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11448132 67703 1364482 75250 882 12804185 11816029 70822 1770669 55546 2045540 108302 11448132 14433537 106016 896328 219498 3282823 117531 11816029 16460885 117916 -2059264 86000 14433537 9315409 5276420 1929556 60500 16460885 0.70330 0.21500 0.08170 0 0 764739 764739 26583309 14382056 12201253 401356 166005 235351 8619079 6732713 1886366 15087709 FEDERAL CAPITAL CONTRIBUTION - PERKINS 757084 ASSET RETIREMENT OBLIGATION 239260 LEASE LIABILITY 59678 1056022 X 28148504 611314 -1796606 -1185292 29333796 103013 -786039 -683026 28650770 28403333 824415 824415 27578918 103013 1834982 1937995 29516913 PART V, LINE 4: THE ENDOWMENT IS USED TO FUND VARIOUS SCHOLARSHIPS, PROGRAMS AND ENDOWED CHAIRS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) AND IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY IS ALSO EXEMPT FROM MINNESOTA TAXES UNDER MINNESOTA STATUTE CHAPTER 290.05. TAX-EXEMPT ORGANIZATIONS ARE SUBJECT TO FEDERAL AND MINNESOTA TAXES ON UNRELATED BUSINESS INCOME. THE UNIVERSITY FOLLOWS A POLICY THAT CLARIFIED THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATIONS CONSOLIDATED FINANCIAL STATEMENTS. THE POLICY PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PRINCIPLES FOR THE CONSOLIDATED FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE APPLICATION OF THIS POLICY HAD NO IMPACT ON THE UNIVERSITY'S CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS -1,834,982. FUNDRAISING EXPENSE 38,376. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -786,039. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 786,039. FUNDRAISING EXPENSE 38,376. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS 1,834,982. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A STATEMENT ABOUT THE UNIVERSITY'S NONDISCRIMINATORY PRACTICE IS DISPLAYED ON THE HOME PAGE. THE FULL NONDISCRIMINATORY POLICY IS ALSO PUBLISHED ON THE WEBSITE AND IN THE STUDENT HANDBOOK. THE EMPLOYEE POLICY CAN BE FOUND ONLINE IN THE ADP WEBSITE. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY'S STUDENTS RECEIVE FEDERAL FUNDING INCLUDING PELL GRANTS, STAFFORD LOANS AND FEDERAL AND STATE G.I. BILL FUNDS. THE UNIVERSITY ALSO ADMINISTERS CAMPUS-BASED FEDERAL FINANCIAL AID PROGRAMS, INCLUDING PERKINS LOANS, SEOG GRANTS AND THE FEDERAL WORK STUDY PROGRAM. 1 CHINA (INCLUDING HONG KONG), EAST TIMOR, FIJI, INDONESIA, JAPAN, KIRIBATI, 0 0 PROGRAM SERVICES GRANTS FOR TUITION 3000 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES GRANTS FOR TUITION 601393 SENEGAL, SEYCHELLES, SIERRA LEONE, SOMALIA, SOUTH AFRICA, SUDAN, 0 0 PROGRAM SERVICES GRANTS FOR TUITION 3000 0 0 0 0 0 0 607393 0 607393 GRANTS FOR TUITION NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 84 601393 OTHER CHARGES AGAINST FUNDS ON DEPOSIT AT A FINANCIAL INSTITUTION 0 N/A N/A GRANTS FOR TUITION CHINA (INCLUDING HONG KONG), EAST TIMOR, FIJI, INDONESIA, JAPAN, KIRIBATI, 1 3000 OTHER 0 N/A N/A GRANTS FOR TUITION SENEGAL, SEYCHELLES, SIERRA LEONE, SOMALIA, SOUTH AFRICA, SUDAN, 1 3000 OTHER 0 N/A N/A 0 0 0 0 0 0 PART I, LINE 2: STUDENT FINANCIAL AID IS PROCESSED UNDER INDIVIDUAL GRANT FUNDS WITHIN OUR ACCOUNTING SYSTEM, AND THE STUDENT FINANCIAL AID IS ALSO PROCESSED UNDER EACH INDIVIDUAL STUDENT ACCOUNT. THIS APPROACH TO RECORD FINANCIAL AID BY FUND AND BY STUDENT ACCOUNT, PROVIDES A DETAILED RECORD OF HOW THE FUNDS ARE SPENT ACCORDING TO DONOR AND GOVERNMENTAL REQUIREMENTS. THE FINANCIAL AID OFFICE MONITORS STUDENT ACCOUNT ACTIVITY TO VERIFY THE STUDENT'S ENROLLMENT AND USE OF THE FUNDS ACCORDING TO THE GRANT REQUIREMENTS. THESE GRANTS ARE FOR INTERNATIONAL STUDENTS THAT ARE ATTENDING NWHSU. THE GRANTS ARE AWARDED THROUGH THE FINANCIAL AID OFFICE AND ARE APPLIED AGAINST THE STUDENTS ACCOUNTS. PART I, LINE 3: THE UNIVERSITY USES THE ACCRUAL METHOD OF ACCOUNTING TO REPORT REVENUES AND EXPENSES ON SCHEDULE F. GOLF TOURNAMENT 25068 25068 38376 25068 25068 38376 38376 -38376 1 SCHOLARSHIPS AND TUITION DISCOUNTS 445 1227589 N/A N/A PART I, LINE 2: THE ADMISSIONS DEPT. ORIGINATES MERIT AWARDS AND DISCOVERY DAY DISCOUNTS FOR NEW STUDENTS, AND THE OFFICE OF DIVERSITY AWARDS THE DIVERSITY SCHOLARSHIPS. FINANCIAL AID WORKS WITH A SCHOLARSHIP COMM. TO EVALUATE APPLICATIONS AND SELECT RECIPIENTS FOR OTHER INSTITUTIONAL SCHOLARSHIPS. NOTICES OF AVAILABLE INSTITUTIONAL SCHOLARSHIPS ARE POSTED OUTSIDE THE FINANCIAL AID OFFICE AS WELL AS VARIOUS INTERNAL PUBLICATIONS AND ON THE UNIVERSITY WEBSITE. RECORDS ARE MAINTAINED IN THE FINANCIAL AID OFFICE, AND ALL AWARDS AND DISCOUNTS ARE POSTED TO STUDENT ACCOUNTS THROUGH FINANCIAL AID. X X X 0 1 0 0 0 0 0 0 0 DEBORAH BUSHWAY PRESIDENT 370107 0 0 0 29279 0 35848 0 29389 0 464623 0 0 0 CORY MILLER VP OF INFORMATION TECHNOLOGY 191861 0 0 0 7800 0 9908 0 33771 0 243340 0 0 0 KIMBERLY PEARCE CHIEF ACADEMIC OFFICER 206186 0 0 0 864 0 3472 0 32640 0 243162 0 0 0 MICHAEL TENNISON VP CLINIC ADMIN (THRU 09/2024) 172747 0 0 0 19144 0 8621 0 14390 0 214902 0 0 0 MARY GALE VP OF HR 172770 0 0 0 1315 0 8613 0 28530 0 211228 0 0 0 LINDA BERG VP OF ADVANCEMENT (THRU 04/2025) 179568 0 0 0 2768 0 8529 0 117 0 190982 0 0 0 PART I, LINE 4B DEBORAH BUSHWAY PARTICIPATED IN A 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. IN 2025, HER PLAN RECEIVED $19,500 IN CONTRIBUTIONS. X 2 38000 FMV 0 0 0 0 PART I, COLUMN (B): COLUMN (B) REPRESENTS THE NUMBERS OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 1A THE CHAIR OF THE BOARD SHALL BE THE CHAIR OF THE EXECUTIVE COMMITTEE. THE VICE CHAIR OF THE BOARD, THE SECRETARY, AND THE CHAIR OF EACH STANDING COMMITTEE OF THE BOARD SHALL BE MEMBERS OF THE EXECUTIVE COMMITTEE. THE BOARD MAY APPOINT THE IMMEDIATE PAST CHAIR OF THE BOARD AS A MEMBER OF THE EXECUTIVE COMMITTEE WITH HIS OR HER CONSENT. BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE SHALL HAVE GENERAL SUPERVISION OF THE ADMINISTRATION AND PROPERTY OF THE UNIVERSITY EXCEPT THAT UNLESS SPECIFICALLY EMPOWERED BY THE BOARD TO DO SO, IT MAY NOT TAKE ANY ACTION INCONSISTENT WITH A PRIOR ACT OF THE BOARD OF TRUSTEES, AWARD DEGREES, ALTER BYLAWS, LOCATE PERMANENT BUILDINGS ON TAX-EXEMPT PROPERTY HELD FOR UNIVERSITY PURPOSES, REMOVE OR APPOINT THE PRESIDENT OF THE UNIVERSITY, OR TAKE ANY ACTION WHICH HAS BEEN RESERVED FOR THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE 990 WHEN IT IS COMPLETE. AFTER THE FINANCE COMMITTEE APPROVES IT, IT GOES TO THE FULL BOARD FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES AND OFFICERS OF THE UNIVERSITY ARE REQUIRED TO COMPLETE THE UNIVERSITY'S CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY BY SEPTEMBER 1ST. ALL DISCLOSURES REQUIRED UNDER THE CONFLICT OF INTEREST POLICY ARE REPORTED TO THE SECRETARY OF THE BOARD OF TRUSTEES WHO ALONG WITH THE UNIVERSITY'S LEGAL COUNSEL AND CHAIR WILL OVERSEE THE POLICY. INDIVIDUALS FOUND TO HAVE A CONFLICT MUST REFRAIN FROM PARTICIPATING IN CONSIDERATION OF THE PROPOSED TRANSACTION, UNLESS FOR SPECIAL REASONS THE BOARD OR ADMINISTRATION REQUESTS INFORMATION OR INTERPRETATION. THE CONFLICTED INDIVIDUAL DOES NOT VOTE AND IS NOT PRESENT AT THE TIME OF THE VOTE. ACTIONS ARE REFLECTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A THE UNIVERSITY'S EXECUTIVE COMMITTEE USED MARKET ANALYSIS CONDUCTED USING PROFESSIONAL COMPENSATION SURVEYS TO DETERMINE COMPENSATION FOR THE PRESIDENT. DOCUMENTATION IS INCLUDED IN THE BOARD MINUTES. THIS PROCESS WAS LAST CONDUCTED FOR THE PRESIDENT IN JANUARY, 2023. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS SET BY THE PRESIDENT AND VP OF HUMAN RESOURCES. COMPARABLE DATA COMES FROM VARIOUS PUBLISHED SALARY SURVEYS (CUPA, WATSON WYATT, ETC.). COMPARABLE DATA SOURCES MAY INCLUDE OTHER COLLEGES, UNIVERSITIES, HEALTH CARE PROVIDERS AND NON-PROFITS. MARKET PRICING IS DONE FOR EVERY POSITION BY AN OUTSIDE CONSULTING FIRM, MRA. THE HUMAN RESOURCES DEPT. MAINTAINS DETAILED RECORDS DOCUMENTING THE METHODOLOGY FOR SETTING COMPENSATION FOR EACH POSITION. WITHIN THE MARKET RANGE FOR THE POSITION, INDIVIDUAL COMPENSATION IS SET BASED ON EXPERIENCE AND EDUCATION. THIS PROCESS WAS LAST CONDUCTED FOR ALL POSITIONS IN JANUARY 2023. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED DURING THE TAX YEAR. WORKSITERIGHT LLC 2501 W 84TH STREET BLOOMINGTON MN 55431 832383153 PROVIDE WORKSITE WELLNESS SERVICES TO VARIOUS BUSINESSES THROUGH WELLNESS CO MN 48020 0 NORTHWESTERN HEALTH SCIENCES UNIVERSITY SWEERE CLINIC LLC 2501 W 84TH STREET BLOOMINGTON MN 55431 850537983 PROVIDE CHIROPRACTIC CARE TO THE PUBLIC MN -63416 0 NORTHWESTERN HEALTH SCIENCES UNIVERSITY NWHSU AMERICA LLC 2501 W 84TH STREET BLOOMINGTON MN 55431 871500417 SUPPORT THE PROGRAMS AND MISSION OF NORTHWESTERN HEALTH SCIENCES UNIVERSITY MN 0 0 NORTHWESTERN HEALTH SCIENCES UNIVERSITY