2023-05-13T14:25:40-07:00 2022-06-30 911194016 Clark Nuber PS 10900 NE 4th Street Suite 1400 Bellevue WA 98004 990 2021-07-01 910565553 SEATTLE PACIFIC UNIVERSITY SEAT 2062812066 3307 THIRD AVE W SEATTLE WA 981191997 Kimberly Sawers VP Business & Finance 2062812025 2023-05-13 1 Sarah Huang P00745974 4257096221 2023-05-13 1 11 1 AAL2 2021 2023-04-26 12:10:37Z Pete Menjares 3307 Third Ave W Seattle WA 98119 149788512 0 X SPU.EDU X 1891 WA Seattle Pacific University is a 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. 12 8 2084 151 205381 0 11990298 15804567 154851797 125966395 5392477 6431063 285509 297514 172520081 148499539 72689084 49989463 0 0 64356059 64844985 54104 45152 2733157 39883767 41072461 176983014 155952061 -4462933 -7452522 387576159 364019282 112911202 109428377 274664957 254590905 Seattle Pacific University is a 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 99758317 46146093 107115254 Higher Education: The academic program serves 3,443 undergraduate and graduate students at its main Seattle campus, as well as 1,306 students in continuing education centers across Washington State. The University offers 72 undergraduate majors and 58 minors carried out through the College of Arts and Sciences and the schools of Business, Government and Economics; Education; Health Sciences; Theology; and Psychology, Family, and Community. Graduate studies include 32 master's degrees and four doctoral programs. 25840388 3843370 2524836 Student Services, Constituency and Other Programs: The University provides activities and services to 3,443 students in co-curricular and support programs while engaged in their academic activities. The University also provides programs for more than 48,883 alumni to keep them engaged and involved with the University for years to come. 15570679 0 15478641 Student Housing and Dining: As of Fall Quarter 2021, housing services are provided for 1,326 students and 1,087 students took part in the University meal plans. 1637655 0 847664 Public Service: The University operates a conference services program at its Seattle campus and at its 77 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 199 groups that utilized these facilities. In addition, the University, through grant funding, is also partnering with various congregations in providing participation grants for the development of their young adult ministries. 1637655 0 847664 142807039 1 1 0 1 0 0 1 0 0 1 1 1 0 0 1 1 0 1 1 0 1 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 1 1 1 0 0 0 0 1 1 1 0 0 1 7336 0 1 2084 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 12 8 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 AL AR CA FL GA HI IL KS KY MA MD MI MN MS NH NJ NM NY OR PA RI SC TN UT WA WI WV X Kimberly Sawers -VP Bus and Finance 2062812025 3307 THIRD AVE W SEATTLE WA 981191997 X Daniel Martin President 50.00 0.00 X 234582 0 84048 Craig Kispert Senior VP for Finance and Administration 50.00 5.00 X 262862 0 38138 Laura Hartley Provost 50.00 0.00 X 256300 0 26487 Cynthia Price Vice Provost for Academic Affairs 50.00 0.00 X 197322 0 29093 Jeffrey Jordan Vice Provost for Student Formation and Community Engagement 50.00 0.00 X 190305 0 29923 Louise Furrow VP for University Advancement 50.00 0.00 X 189977 0 27479 Ross Stewart Dean 40.00 0.00 X 193709 0 23161 Pete Menjares Interim President 50.00 0.00 X X 142799 0 59142 Kimberly Sawers Incoming VP for Business and Finance 50.00 0.00 X 171829 0 21557 Micah Schaafsma Asst VP for Information Technology 40.00 0.00 X 170243 0 21439 Sandra Mayo Vice Provost for Inclusive Excellence 50.00 0.00 X 164457 0 25620 Margaret Shenk Assoc Provost for Graduate and Professional Programs 40.00 0.00 X 164496 0 21182 Nathan Mouttet VP for Enrollment Management and Marketing 50.00 0.00 X 171025 0 13572 Nicholas Glancy Asst VP for Risk Management and University Counsel 40.00 0.00 X 157208 0 26445 Kathleen Tangenberg Dean 40.00 0.00 X 155285 0 26429 Donald Mortenson Interim VP for Finance and Administration 50.00 5.00 X 139640 0 133 Joshua Canada Board Member 1.00 0.00 X 0 0 0 Tina Chang Board Vice Chair 4.00 0.00 X X 0 0 0 Cedric Davis Board Chair 4.00 0.00 X X 0 0 0 Jason Garcia Board Member 1.00 0.00 X 0 0 0 Becky Gilliam Board Secretary 4.00 0.00 X X 0 0 0 Kevin Johnson Board Member 1.00 0.00 X 0 0 0 Dean Kato Board Chair 4.00 0.00 X X 0 0 0 Denise Martinez Board Member 1.00 0.00 X 0 0 0 Mark Mason Board Member 1.00 0.00 X 0 0 0 Michael McKee Board Treasurer 4.00 3.00 X X 0 0 0 George Parker Board Member 1.00 0.00 X 0 0 0 Mike Quinn Board Member 1.00 0.00 X 0 0 0 Leslie Vander Griend Board Member 1.00 0.00 X 0 0 0 Matthew Whitehead Board Member 1.00 0.00 X 0 0 0 Deborah Wilds Board Member 4.00 0.00 X X 0 0 0 2962039 0 473848 76 1 1 0 Arcon Tenant Improvement Contractors 2100 124th Ave NE Bellevue WA 98005 Construction services 410045 MD Design 4029 Wallingford Ave N Seattle WA 98103 Construction Services 292539 DNA 1301 5th Ave Suite 2600 Seattle WA 981012622 Marketing services 292345 Ellucian Company LP 62578 Collections Center Dr Chicago IL 60693 Software services 226903 Seattle Remodeling LLC 911 163rd Ave SE Bellevue WA 98008 Construction services 195308 9 94841 0 23850 407452 9676756 5601668 285851 15804567 Tuition and fees 611310 107115254 107115254 0 0 Student housing and dining 611310 15478641 15478641 0 0 Public service activities 611310 847664 847664 0 0 Other sales and services 611310 585982 585982 0 0 Seminars and events 611310 455271 455271 0 0 1483583 1105707 0 377876 125966395 6431242 0 0 6431242 0 0 0 0 0 0 0 0 454907 0 353741 0 101166 0 101166 0 0 101166 310401 600000 306284 604296 4117 -4296 -179 0 0 -179 15619 23850 24652 -9033 0 -9033 0 0 0 0 0 0 0 0 0 0 0 0 Accommodation 721000 205381 0 205381 0 0 0 0 0 205381 148499539 125588519 205381 6901072 0 0 49654255 49654255 335208 335208 0 0 2375723 1216271 858079 301373 444816 345988 98828 0 48777863 44001906 3708014 1067943 3109840 2752452 284665 72723 6466559 5687407 611425 167727 3670184 3200288 378394 91502 0 0 0 0 196725 64272 130808 1645 117175 0 117175 0 0 0 0 0 45152 45152 600517 0 600517 0 10712312 9992459 574489 145364 827489 823099 3693 697 3934828 3236166 557299 141363 2056830 1783048 132244 141538 11077 7025 4052 0 11159848 10034493 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RESTRICTED 0 0 0 0 0 1 7267 0 0 0 7267 0 Schedule C, Part II-B, Line 1 The University pays membership dues to the Independent Colleges of Washington and the National Association of Independent Colleges and Universities. This amount represents the portion of dues attributed to lobbying activities. X X 1 3000 0 0 0 1 0 1 0 1 169155266 -676768 -5276408 3549885 1367258 600517 157684430 121350742 1219634 51783069 3240933 1287233 670013 169155266 120743281 2251715 3275929 2959021 1204204 756958 121350742 110082879 2051890 13316183 2812300 1151425 743946 120743281 99731841 1639060 12872005 2407162 1039722 713143 110082879 0.37 0.28 0.35 0 1 1 20460141 23311648 43771789 6055647 173204876 84183096 95077427 0 0 0 0 0 8797434 5743133 3054301 0 13242625 10580362 2662263 144565780 0 0 Pooled investments - Stock & equity institutional funds 56385847 F Pooled investments - Private equity funds 45190388 F Pooled investments - Real estate 43593797 F Pooled investments - Cash & short term 11658293 F Pooled investments - Bond institutional funds 11347080 F Split interest agreements held by others 7557000 F Institutional funds - Charitable gift annuity reserve 1853953 F Pooled investments - Notes receivable 147416 F 177733774 0 Governmental student loan programs 3119965 Student deposits and prepaid fees 1473307 Asset retirement obligations (present value) 1155125 Trust and annuity obligations (present value) 432752 Operating lease obligations 164967 6346116 X 88612431 -12621530 0 0 -46636003 -59257533 147869964 600517 29058 629575 148499539 109809456 0 0 0 619005 619005 109190451 600517 46161093 46761610 155952061 Schedule D, Part II, Line 9 The University holds an open space conservation easement on a small island in the Puget Sound of Washington. Since it has no activity, the University does not disclose this on its financial statements. The easement is observed several times of year. Schedule D, Part V, Line 4 The University's endowment consists 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 primarily used to provide scholarship resources for students enrolled at the University. Distributions are made in accordance with any applicable donor instructions in the endowment agreements. Schedule D, Part X, Line 2 The University and its Foundation are exempt from federal income taxes pursuant to Section 501(c)(3) of the Internal Revenue Code (IRC) except for unrelated business taxable income as definited in sections 511 through 515 of the IRC. Accordingly, the financial statements do not include a provision for federal income tax. Schedule D, Part XI, Line 2d Grants and scholarships - (46,233,164); Grant administration cost recovery - 72,072; Seattle Pacific Foundation - (474,910) Schedule D, Part XI, Line 4b Rental expense included in Part VIII 6b - (353,741); Fundraising event expense included in Part VIII 8b - (24,653); Seattle Pacific Foundation donations, including trusts (consolidated in financial statements) - 407,452 Schedule D, Part XII, Line 2d Seattle Pacific Foundation expense, including trusts (consolidated in audited financial statements) - 619,005; Rental expense included in Part VIII 6b - 353,741; Fundraising event expense included in Part VIII 8b - 24,653 Schedule D, Part XII, Line 4b Grants and scholarships - 46,233,164; Grant administration cost recovery - (72,072) 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The University claims an exemption from the requirement to publish the University policy through newspaper or broadcast media (per Rev. Proc. 75-50). The University draws its students nationally and has 1,305 (49%) ethnic minority students in its undergraduate student body. This constitutes meaningful results in comparison to the ethnic makeup of the Northwest region and shows evidence of the nondiscrimation policy. In addition, the University publicizes its racially nondiscriminatory policy on its publicly accessible internet homepage, at all times, in a manner reasonably expected to be noticed by visitors to the homepage. Schedule E, Part I, Line 6 The University received federal awards from the U.S. Department of Education, U.S. Department of Health and Human Services, and the National Science Foundation. These awards are primarily for student financial assistance and for research and development. This year, the University also received funds from the U.S. Department of Education's CARES Act Higher Education Emergency Relief Fund. 1 South America 0 0 Program Services Student study tours 79663 Europe (including Iceland and Greenland) 0 0 Program Services Student study tours 750 Central America and the Caribbean 0 0 Grantmaking Student financial aid 123824 Europe (including Iceland and Greenland) 0 0 Grantmaking Student financial aid 118151 East Asia and the Pacific 0 0 Grantmaking Student financial aid 77028 South America 0 0 Grantmaking Student financial aid 10810 Middle East and North Africa 0 0 Grantmaking Student financial aid 5395 0 0 415621 Student financial aid posted while studying abroad Central America and the Caribbean 19 0 123824 Financial aid posted to student accounts Book Student financial aid posted while studying abroad Europe (including Iceland and Greenland) 19 0 118151 Financial aid posted to student accounts Book Student financial aid posted while studying abroad East Asia and the Pacific 13 0 77028 Financial aid posted to student accounts Book Student financial aid posted while studying abroad South America 2 0 10810 Financial aid posted to student accounts Book Student financial aid posted while studying abroad Middle East and North Africa 1 0 5395 Financial aid posted to student accounts Book 0 0 0 0 0 0 Schedule F, Part I, Line 2 Activities outside the United States reflects student financial aid grants. These are awarded based on the University's assessment of the recipient's academic achievement, financial need, and other standards similar to those held at other universities. The student's records are then monitored in order to ensure that the grant requirements continue to be met. Disbursements are made in accordance with the exempt purpose for which the institution was organized, and with procedures and conditions established by the University. X X X X X X X 1 Ruffalo Noel Levitz LLC PO Box 718 Des Moines IA 50303 Coordinated telemarketing fundraiser 0 27966 45152 -17186 27966 45152 -17186 AK AL AR AZ CA CO CT DE FL GA HI IA ID IL IN KS KY LA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY Golf Tournament 39469 23850 15619 0 4812 19344 0 0 496 0 0 39469 23850 15619 0 4812 19344 0 0 496 24652 -9033 1 Institutional student scholarships and grants 2685 0 42428525 Book Credit to student account Federally funded student scholarships and grants 276 0 4548482 Book Credit to student account Privately funded student scholarships and grants 621 0 2632403 Book Credit to student account Student academic achievement or service award 34 43845 0 Book Benevolence 1 1000 Book Schedule I, Part I, Line 2 Grant disbursements for the University'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 University's governing board. Student scholarships and grants are awarded based on the institution's assessment of the recipient's academic achievement, financial need, and other standards similar to those held by other universities. Student records are monitored in order to ensure grant requirements continue to be met. X X X X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 Daniel Martin President 155929 0 55000 0 23653 0 7814 0 76234 0 318630 0 0 0 Craig Kispert Senior VP for Finance and Administration 260324 0 0 0 2538 0 19580 0 18558 0 301000 0 0 0 Laura Hartley Provost 249953 0 0 0 6347 0 9375 0 17112 0 282787 0 0 0 Cynthia Price Vice Provost for Academic Affairs 194652 0 0 0 2670 0 12576 0 16517 0 226415 0 0 0 Jeffrey Jordan Vice Provost for Student Formation and Community Engagement 187712 0 0 0 2593 0 12269 0 17654 0 220228 0 0 0 Louise Furrow VP for University Advancement 183752 0 0 0 6225 0 12353 0 15126 0 217456 0 0 0 Ross Stewart Dean 188443 0 0 0 5266 0 12409 0 10751 0 216869 0 0 0 Pete Menjares Interim President 118877 0 0 0 23922 0 0 0 59142 0 201941 0 0 0 Kimberly Sawers Incoming VP for Business and Finance 169491 0 0 0 2339 0 10859 0 10698 0 193387 0 0 0 Micah Schaafsma Asst VP for Information Technology 169872 0 0 0 371 0 10785 0 10654 0 191682 0 0 0 Sandra Mayo Vice Provost for Inclusive Excellence 163918 0 0 0 540 0 11081 0 14539 0 190078 0 0 0 Margaret Shenk Assoc Provost for Graduate and Professional Programs 163992 0 0 0 504 0 10544 0 10638 0 185678 0 0 0 Nathan Mouttet VP for Enrollment Management and Marketing 170475 0 0 0 550 0 10803 0 2769 0 184597 0 0 0 Nicholas Glancy Asst VP for Risk Management and University Counsel 156864 0 0 0 344 0 10083 0 16362 0 183653 0 0 0 Kathleen Tangenberg Dean 153912 0 0 0 1373 0 10068 0 16361 0 181714 0 0 0 Donald Mortenson Interim VP for Finance and Administration 139640 0 0 0 0 0 0 0 133 0 139773 0 0 0 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 purposes and is specifically approved by the Board Chair. 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. The memberships are approved in advance by the governing board. Schedule J, Part I, Line 3 The President's compensation is reviewed and approved annually 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 the senior leadership team, who are also Disqualified Persons as defined by IRC 4946, 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's actions are ratified at a subsequent meeting of the Board of Trustees. Schedule J, Part I, Line 7 Any bonus payment is reviewed and approved annually by the Executive Committee of the Board of Trustees. The Executive Committee's actions are ratified at a subsequent meeting of the Board of Trustees. A Washington Higher Education Facilities Authority 911306482 9397812U3 2020-03-02 51990000 Refund Bonds Issued 12/19/2013; Buildings & Structures 0 0 0 A 1675000 0 65570335 0 0 0 479751 0 0 0 65090584 0 2020 1 0 1 1 A 0 0 1 1 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 1 A 1 Schedule K, Part II, Line 3-03/02/2020 51,990,000 Washington Higher Education Facilities Authority Line 3 includes bond premium excluded from Part 1, Column e. Schedule K, Part III, Line 3a-03/02/2020 51,990,000 Washington Higher Education Facilities Authority The University engages Sodexo America LLC to provide food service operations to its campus. The institution has worked with bond counsel to ensure the agreement for this service meets the safe harbor provisions available under Rev. Proc. 97-113. Schedule K, Part IV, Line 2b-03/02/2020 51,990,000 Washington Higher Education Facilities Authority The University received a six month spending exemption. Student scholarships Relative 12867 Need-based scholarships Student financial aid Anne Kato Relative of board member 133595 Compensation/benefit 0 Sharleen Kato Spouse of board member 127990 Compensation/benefits 0 David Haslam Relative of board member 86460 Compensation/benefits 0 Benjamin Hartley Spouse of key employee 70134 Compensation/benefit 0 Melanie Whitehead Spouse of board member 12369 Compensation/benefits 0 Susanne Jordan Spouse of key employee 14270 Compensation/benefit 0 Schedule L, Part IV Compensation is set by the salary and benefit policies of the University and there is no involvement of related parties in the setting of their compensation. X 18 250015 Market price X 1 9333 FMV X Air travel 2 13750 FMV X Equipment 2 8693 FMV X Lodging 1 4060 FMV 0 0 1 1 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. Schedule M, Part I, Line 32b Publicly traded securities and some other non-cash gifts are liquidated by specialized brokers/dealers. Form 990, Part VI, Section B, Line 11b 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. They are provided an opportunity to submit questions or concerns before the Form 990 is filed. Form 990, Part VI, Section B, Line 12c Each year, conflict of interest questionnaires are sent to the Trustees, Officers, Directors and key employees. The questionnaires are reviewed and a determination is made as to what, if any, action is required. Business transactions with entities that a Trustee may own or control must meet the purchasing standards of the University regarding price competitiveness. Form 990, Part VI, Section B, Line 15 The President's compensation is reviewed and approved annually by the Executive Committee of the Board of Trustees. The review includes a comparison of compensation levels of presidents of similar institutions using both regional and national higher education compensation surveys. The compensation of other officers and key employees, who are also Disqualified Persons as defined by IRC 4946, is reviewed and approved by the Executive Committee using a similar methodology of reviewing existing and proposed compensation against regional and national higher education surveys. The Executive Committee's actions are ratified at a subsequent meeting of the Board of Trustees. Form 990, Part VI, Section C, Line 19 The University makes its governing documents, including its conflict of interest policy, available upon request. The University's audited financial statements are available at www.spu.edu. Form 990, Part VII, Section A, Line 1a Craig Kispert, Senior Vice President for Finance and Administration, Kimberly Sawers, Incoming Vice President for Business and Finance and Donald Mortenson, Interim Vice President for Finance and Administration are categorized as Officers per IRS instructions only and are not Officers per corporate by-laws. Seattle Pacific Foundation 3307 Third Ave W Seattle WA 98119 911068276 To support Seattle Pacific University WA 501 (c) (3) 12a Type I Seattle Pacific University 1 Charitable Remainder Unitrusts (41) 3307 Third Ave West Seattle WA 98119 Beneficial Interest WA N/A T 0 Pooled Income Fund (1) 3307 Third Ave West Seattle WA 98119 Beneficial Interest WA N/A T 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 Seattle Pacific Foundation c 407452 FMV Seattle Pacific Foundation m 600517 FMV Seattle Pacific Foundation q 462368 FMV