2023-05-15T18:26:15-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2021-07-01 820200907 NORTHWEST NAZARENE UNIVERSITY INC NORT 2084678525 623 S UNIVERSITY BOULEVARD NAMPA ID 83686 STEVEN EMERSON VP FOR FINANCE AND OPERATIONS 2084678525 2023-05-15 1 STEVEN EMERSON 999009999 SARAH HINTZ P00492291 3037795710 2023-05-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JOEL PEARSALL 623 S UNIVERSITY BOULEVARD NAMPA ID 83686 120122087 0 X WWW.NNU.EDU X 1913 ID THE MISSION OF NNU IS THE TRANSFORMATION OF THE WHOLE PERSON. 38 30 849 75 440202 0 8582977 18188071 53608072 56265937 6150650 5351159 585224 376483 68926923 80181650 20450223 20641923 0 0 23568089 23994824 0 0 2846250 18171011 21183005 62189323 65819752 6737600 14361898 167062709 159125103 39664027 32482557 127398682 126642546 X THE MISSION OF NORTHWEST NAZARENE UNIVERSITY (NNU) IS THE TRANSFORMATION OF THE WHOLE PERSON. CENTERED IN JESUS CHRIST, THE NNU EDUCATION INSTILLS HABITS OF HEART, SOUL, MIND, AND STRENGTH TO ENABLE EACH STUDENT TO BECOME GOD'S CREATIVE AND REDEMPTIVE AGENT IN THE WORLD. NORTHWEST NAZARENE UNIVERSITY STRIVES TO BE A VIBRANT EDUCATIONAL COMMUNITY THAT INTEGRATES AND REFLECTS CHRISTIAN FAITH IN ALL THAT IT DOES. THE UNIVERSITY SEEKS TO PROVIDE NATIONALLY-RECOGNIZED PROGRAMS DISTINGUISHED BY GRADUATES WHO ARE ACADEMICALLY PREPARED, SPIRITUALLY GROUNDED, SERVICE MINDED, GLOBALLY ENGAGED, AND VOCATIONALLY SUCCESSFUL. 0 0 42774834 20641923 48255174 INSTRUCTIONAL SERVICES AND ORGANIZED RESEARCH:NORTHWEST NAZARENE UNIVERSITY, A CHRISTIAN COMPREHENSIVE UNIVERSITY, OFFERS MORE THAN 60 AREAS OF STUDY, 16 MASTER'S DEGREES IN SIX DIFFERENT DISCIPLINES, TWO DOCTORAL DEGREES, ACCELERATED DEGREE PROGRAMS, CONCURRENT CREDIT FOR HIGH SCHOOL STUDENTS, AND A VARIETY OF CONTINUING EDUCATION CREDITS. IN ADDITION TO ITS 90-ACRE CAMPUS LOCATED IN NAMPA, IDAHO, THE UNIVERSITY OFFERS PROGRAMS ONLINE AS WELL AS IN IDAHO FALLS, AND IN COOPERATION WITH PROGRAMS IN TEN COUNTRIES. FOUNDED IN 1913, THE UNIVERSITY SERVES OVER 2,000 UNDERGRADUATE AND GRADUATE STUDENTS, MORE THAN 6,000 CONTINUING EDUCATION STUDENTS, AND OVER 2,000 HIGH SCHOOL STUDENTS THROUGH THE CONCURRENT CREDIT PROGRAM. 9067631 0 2048442 ACADEMIC SUPPORT AND STUDENT SERVICES:LIBRARY SERVICES: NNU'S LIBRARY RESOURCES ARE EXCELLENT AND MOST ARE DELIVERED VIA THE WEB WITH ACCESS TO LIBRARIES ACROSS THE COUNTRY AND AROUND THE WORLD.MARKETING AND MEDIA: NNU'S OFFICE OF MARKETING AND MEDIA IS RESPONSIBLE FOR HELPING THE UNIVERSITY TELL ITS STORY -- THAT NNU SEEKS A MORE EXCELLENT WAY; A WAY ROOTED IN LOVE. THE AUDIENCE FOR THIS STORY INCLUDES PROSPECTIVE STUDENTS, DONORS, ALUMNI, THE COMMUNITY, MEDIA, AND FACULTY AND STAFF. THE OFFICE OFFERS ITS SERVICES ACROSS CAMPUS IN MARKETING, BRANDING, RESEARCH OR EXPERTISE IN CONTENT DEVELOPMENT, DESIGN, PHOTOGRAPHY, AND MEDIA RELATIONS, TO HELP EACH DEPARTMENT TELL ITS OWN PART OF THE NNU STORY.ACADEMIC SUPPORT CENTER: PROVIDES A VARIETY OF SERVICES TO ALL NNU STUDENTS, INCLUDING WRITING CONSULTING, SUBJECT AREA TUTORING BY PEERS, AND COURSES FOR CREDITS.INFORMATION TECHNOLOGY SERVICES (ITS): OFFERS COMPUTER TECHNICAL SUPPORT TO THE NNU CAMPUS AND A WIDE VARIETY OF AUDIO/VISUAL SERVICES TO THE CAMPUS, AREA CHURCHES, AND THE COMMUNITY. SERVICES OFFERED INCLUDING MAKING COPIES, TRANSPARENCIES, PROVIDING MATERIALS NEEDED TO PRODUCE INSTRUCTIONAL MATERIALS AND SIGNS, LAMINATING, AUDIO AND VIDEO RECORDING AND DUPLICATING, PHOTOGRAPHY, SENDING AND RECEIVING FAXES, AND OTHER RELATED SERVICES. ITS MAINTAINS A LARGE INVENTORY OF MEDIA EQUIPMENT THAT IS AVAILABLE FOR CLASSROOM INSTRUCTION, FOR STUDENT ASSIGNMENTS, AND FOR USE BY OTHER MEMBERS OF THE CAMPUS COMMUNITY.STUDENT DEVELOPMENT: THE OFFICE OF STUDENT DEVELOPMENT IS CHARGED WITH TAKING CARE OF EVERY ASPECT OF THE STUDENT EXPERIENCE AT NNU. IT INCLUDES RESIDENTIAL LIFE, STUDENT GOVERNMENT, SPIRITUAL LIFE, THE CAMPUS WELLNESS CENTER, MULTICULTURAL AFFAIRS, INTRAMURAL ATHLETICS, AND THE CAREER CENTER.INTERCOLLEGIATE ATHLETICS: NNU IS A MEMBER OF THE GREAT NORTHWEST ATHLETIC CONFERENCE (GNAC), COMPRISED OF 11 NCAA DIVISION II SCHOOLS. SPORTS OFFERED AT NNU INCLUDE MEN'S AND WOMEN'S BASKETBALL, MEN'S AND WOMEN'S CROSS COUNTRY, MEN'S AND WOMEN'S TRACK AND FIELD, MEN'S AND WOMEN'S SOCCER, MEN'S AND WOMEN'S GOLF, MEN'S BASEBALL, WOMEN'S SOFTBALL, AND WOMEN'S VOLLEYBALL. 5567920 0 5631266 AUXILIARY SERVICES:FOOD SERVICES: MEALS ARE PROVIDED AT NORTHWEST NAZARENE UNIVERSITY BY SODEXO, INC. AND AFFILIATES. MOST STUDENTS LIVING ON CAMPUS ARE REQUIRED TO CARRY A MEAL PLAN. MEAL PLAN OPTIONS ARE BASED ON THE RESIDENCE HALL BEING LIVED IN. APPROXIMATELY 630 STUDENTS WERE ENROLLED IN SOME TYPE OF MEAL PLAN ON CAMPUS.PROGRAM SERVICE ACCOMPLISHMENTS: CONVENIENCE OF ON-CAMPUS LIVING. ALL SEVEN FACILITIES COMBINE FOR A TOTAL CAPACITY OF MORE THAN 800 STUDENTS. ALL UNMARRIED STUDENTS WHO DO NOT HAVE SENIOR STANDING OR ARE LESS THAN 23 YEARS OF AGE ARE REQUIRED TO LIVE IN ONE OF THE RESIDENCE HALLS UNLESS THEY ARE SPECIFICALLY GRANTED AN EXCEPTION.ON-CAMPUS BOOKSTORE: LOCAL ON-CAMPUS AND ON-LINE BOOKSTORE SERVING THE NEEDS OF STUDENTS, FACULTY, STAFF, PARENTS, AND ALUMNI OF NORTHWEST NAZARENE UNIVERSITY. AN ASSORTMENT OF ITEMS IS AVAILABLE TO SUPPORT THE ACADEMIC CAREER AND SCHOOL SPIRIT.CONFERENCES AND EVENTS: HANDLES RENTALS/PLANNING FOR EVENTS, CONFERENCES, CAMPS, ETC., HELD IN THE PERFORMING ARTS CENTER AS WELL AS OTHER AREAS ACROSS CAMPUS.RESIDENTIAL RENTALS: OVER THE PAST SEVERAL YEARS, THE UNIVERSITY HAS PURCHASED VARIOUS PROPERTIES THAT ARE IN THE VICINITY OF THE MAIN CAMPUS. THESE PROPERTIES ARE TO BE USED, ACCORDING TO THE CAMPUS MASTER PLAN, FOR FUTURE EXPANSION OF THE CAMPUS. DEPENDING ON THE CONDITION OF THE HOMES ON THESE PROPERTIES, THEY HAVE EITHER BEEN DEMOLISHED OR TURNED INTO RENTAL PROPERTIES UNTIL SUCH TIME AS THEY ARE NEEDED FOR CAMPUS EXPANSION. 57410385 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 0 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 2901 0 1 849 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 38 30 1 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 OR UT WA X STEVEN EMERSON VP OF FINANCE AND OPERATIONS 2084678527 623 S UNIVERSITY BOULEVARD NAMPA ID 83686 JOEL PEARSALL PRESIDENT 50.00 X X 205708 0 32736 MIKE ZAHARE CHAIRMAN 1.50 X X 0 0 0 JERRY KESTER VICE-CHAIRMAN 1.50 X X 0 0 0 DAVID SLONAKER SECRETARY 1.50 X X 0 0 0 JEFF ALEXANDER TRUSTEE 1.00 X 0 0 0 TOMAS ALVAREZ TRUSTEE 1.00 X 0 0 0 VIRGIL ASKREN TRUSTEE 1.00 X 0 0 0 PETER BEN BOECKEL TRUSTEE 1.00 X 0 0 0 BILL BUCKHOLDT TRUSTEE 1.00 X 0 0 0 RYAN COMINGDEER TRUSTEE 1.00 X 0 0 0 KEVIN COMPTON TRUSTEE 1.00 X 0 0 0 RICK DANIELS TRUSTEE 1.00 X 0 0 0 BRADLEY EDGBERT TRUSTEE 1.00 X 0 0 0 BOB HAMILTON TRUSTEE 1.00 X 0 0 0 PAM HANDY TRUSTEE 1.00 X 0 0 0 PAUL HARTLEY TRUSTEE 1.00 X 0 0 0 JUDY JENNINGS TRUSTEE 1.00 X 0 0 0 JENNA KEARNS TRUSTEE 1.00 X 0 0 0 BRIAN KNIGHT TRUSTEE 1.00 X 0 0 0 JOSEPH LANHAM TRUSTEE 1.00 X 0 0 0 JAYME LENKER TRUSTEE 1.00 X 0 0 0 DENNIS LINNELL TRUSTEE 1.00 X 0 0 0 JIM LYNCH TRUSTEE 1.00 X 0 0 0 BRANDIN MELTON TRUSTEE 1.00 X 0 0 0 DAVE MOWRY TRUSTEE 1.00 X 0 0 0 BECCA NOTBOHM TRUSTEE 1.00 X 0 0 0 MINNIE RICHARDS TRUSTEE 1.00 X 0 0 0 BRETT RICKEY TRUSTEE 1.00 X 0 0 0 J SCOTT SHAW TRUSTEE 1.00 X 0 0 0 JULIE SIEVERS TRUSTEE 1.00 X 0 0 0 ROBERT SKINNER TRUSTEE 1.00 X 0 0 0 JOY STREIGHT TRUSTEE 1.00 X 0 0 0 BRAD SWARTZENTRUBER TRUSTEE 1.00 X 0 0 0 CANDACE TYGART TRUSTEE 1.00 X 0 0 0 BOB WALKER TRUSTEE 1.00 X 0 0 0 MILLIE WATKINS TRUSTEE 1.00 X 0 0 0 CHAD WILKS TRUSTEE 1.00 X 0 0 0 MIKE YOST TRUSTEE 1.00 X 0 0 0 DAVE ANDERSON TRUSTEE (PART YEAR) 1.00 X 0 0 0 TIM BUNN TRUSTEE (PART YEAR) 1.00 X 0 0 0 JEFF KINNEEVEAUK TRUSTEE (PART YEAR) 1.00 X 0 0 0 TAHMINA MARTELLY TRUSTEE (PART YEAR) 1.00 X 0 0 0 EDWARD MILES TRUSTEE (PART YEAR) 1.00 X 0 0 0 BEN NORRIS TRUSTEE (PART YEAR) 1.00 X 0 0 0 DAVID RALPH TRUSTEE (PART YEAR) 1.00 X 0 0 0 SCOTT SIMONS TRUSTEE (PART YEAR) 1.00 X 0 0 0 CYNTHIA TOBIAS TRUSTEE (PART YEAR) 1.00 X 0 0 0 BILL VAUGHN TRUSTEE (PART YEAR) 1.00 X 0 0 0 DANENE VAUGHN TRUSTEE (PART YEAR) 1.00 X 0 0 0 STEVE EMERSON VP OF FINANCE & OPERATIONS 50.00 X 126477 0 63861 MARK WHEELER VP OF EXTERNAL RELATIONS 50.00 X 116300 0 26621 BRADLEY KURTZ-SHAW VP OF ACADEMIC AFFAIRS 50.00 X 128788 0 7443 CAREY COOK VP OF STUDENT LIFE 50.00 X 64591 0 18585 LINDA VALENZUELA DEAN OF NURSING 50.00 X 107336 0 7659 749200 0 156905 5 0 1 0 SODEXO INC & AFFILIATES 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 BOARD/CATERING/FOOD SERVICE/FACILITIES 3827736 DRAKE COOPER INC 416 S 8TH ST 300 BOISE ID 83702 ADVERTISING 903889 VALCOM SALT LAKE CITY LLC 852 E ARROWHEAD LN MURRAY UT 84107 IT/CYBERSECURITY 434908 BUSS MECHANICAL SERVICE INC 4473 HENRY ST BOISE ID 83709 MECHANICAL SYSTEMS INSTALLATION/REPAIR 330793 DISASTER MITIGATION CO LLC 1601 ESSINGTON CT NAMPA ID 83686 PROPERTY DAMAGE RESTORATION 328191 14 10671761 7516310 481609 18188071 TUITION AND FEES 611600 48255174 48255174 AUXILIARY SERVICES 721310 5962321 5522675 439646 ATHLETIC REVENUE 711210 899158 899158 OTHER STUDENT FEES 611710 895714 895714 STUDENT GOVT RECEIPTS 611710 253570 253570 56265937 1667632 556 1667076 248605 67193 181412 181412 181412 43284643 30604 39631720 0 3652923 30604 3683527 3683527 168703 241524 -72821 -72821 OTHER SERVICES 900099 267892 267892 267892 80181650 55934882 440202 5618495 X 20128247 20128247 513676 513676 417783 70659 300018 47106 17619574 15054559 1465761 1099254 770936 656378 59218 55340 4077874 3494156 377692 206026 1108657 943783 93119 71755 63533 63533 74440 74440 31821 31821 7209689 6047066 287280 875343 250367 160403 9980 79984 1481811 1314306 38507 128998 994630 355069 572237 67324 2764985 2617781 117388 29816 1440640 1305728 106953 27959 202386 187372 8948 6066 1137132 1137132 3598248 3372921 198299 27028 500544 692 499852 MISCELLANEOUS 675307 621225 53732 350 MEMBERSHIPS/SUBSCRIPTIO 349980 232160 79994 37826 ENTERTAINMENT/RECEPTION 262116 161182 17854 83080 EQUIPMENT RENTAL/REPAIR 72389 68975 457 2957 72987 72226 723 38 65819752 57410385 5563117 2846250 2024963 1455994 9354434 15024354 3013567 3107817 550253 672871 108534 115317 216715 153690 118763231 56275875 63239348 62487356 85972374 74053291 1866345 826023 196069 134725 520107 1093665 167062709 159125103 2366075 2454217 3395474 1971140 30327505 25149153 3574973 2908047 39664027 32482557 X 65975676 70427571 61423006 56214975 127398682 126642546 167062709 159125103 X 14361898 -15452901 334867 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 62972480 62972480 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 0 810598 X X 0 61223056 2863276 -8391458 1932560 165091 53597223 47852563 2982708 12138305 1750520 61223056 43367101 2444877 4615710 2575125 47852563 56285406 1023235 3558611 2493790 15006361 43367101 57473418 902430 4596545 1329480 5075066 282441 56285406 0.10877 0.76098 0.13025 0 0 1544846 3124575 4669421 654506 75566539 28625982 47595063 24938775 20341108 4597667 12933990 7308785 5625205 62487356 POST-RETIREMENT PAYABLE 900062 CHARITABLE TRUST FUNDS PAYABLE 1728362 CAPITAL LEASE OBLIGATIONS 12800 ANNUITIES PAYABLE 266823 2908047 X 44954401 -15452901 643584 -14809317 59763718 20417932 20417932 80181650 45710537 308717 308717 45401820 20417932 20417932 65819752 PART III, LINE 4: COLLECTIONS OF VARIOUS ARTWORKS SUCH AS PRINTS, SCULPTURES, ETC., ARE HELD FOR PUBLIC EXHIBITION AS WELL AS FOR EDUCATION AND PRESERVATION FOR FUTURE GENERATIONS TO ENJOY. THERE ARE TWO INDOOR GALLERIES AND AN OUTDOOR SCULPTURE PARK AS WELL AS VARIOUS SCULPTURES SITUATED ACROSS THE 90-ACRE CAMPUS. PART V, LINE 4: ENDOWMENT FUNDS ARE BEING HELD FOR SCHOLARSHIPS, RESEARCH FELLOWSHIPS, AND MISCELLANEOUS USES AS SPECIFIED BY DONORS AT THE TIME THE FUNDS WERE ORIGINALLY DONATED TO THE UNIVERSITY. PART X, LINE 2: NORTHWEST NAZARENE UNIVERSITY AND NORTHWEST NAZARENE UNIVERSITY FOUNDATION ARE ORGANIZED AS IDAHO NONPROFIT CORPORATIONS AND HAVE BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3), QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI) AND (VIII), AND HAVE BEEN DETERMINED NOT TO BE PRIVATE FOUNDATIONS UNDER SECTIONS 509(A)(1) AND (3), RESPECTIVELY. EACH ENTITY IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ENTITIES ARE SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. EACH ENTITY BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE ENTITIES WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES WERE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 241,524. RENTAL EXPENSES 67,193. CHANGE IN VALUE OF TRUSTS AND ANNUITIES 334,867. PART XI, LINE 4B - OTHER ADJUSTMENTS: COLLEGE FUNDED SCHOLARSHIPS 20,417,932. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 241,524. RENTAL EXPENSES 67,193. PART XII, LINE 4B - OTHER ADJUSTMENTS: COLLEGE FUNDED SCHOLARSHIPS 20,417,932. 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'S NONDISCRIMINATION POLICY IS INCLUDED ON THE APPLICATION FORM AND THE CATALOG IN ADDITION TO BEING PUBLISHED ON THE UNIVERSITY WEBSITE. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY IS THE RECIPIENT AND/OR SUBRECIPIENT OF SEVERAL FEDERAL GRANTS. ADDITIONALLY, THE STATE OF IDAHO AND SOME OTHER STATES PROVIDE FINANCIAL AID FOR STUDENTS FROM THOSE STATES. 1 EUROPE 2 11 PROGRAM SERVICES STUDY TOUR FOR THE HISTORY AND POLITICAL SCIENCE DEPARTMENTS 23715 CENTRAL AMERICA AND THE CARIBBEAN 1 3 PROGRAM SERVICES MISSION TRIP FOR THE ENGINEERING CAPSTONE DEPARTMENT 5099 CENTRAL AMERICA AND THE CARIBBEAN 1 5 PROGRAM SERVICES SERVICE TRIPS TO COSTA RICA & PANAMA 6503 EUROPE 0 0 STUDENT FINANCIAL AID 348902 EAST ASIA & THE PACIFIC 0 0 STUDENT FINANCIAL AID 76300 CENTRAL AMERICA AND THE CARIBBEAN 0 0 STUDENT FINANCIAL AID 46470 SUB-SAHARAN AFRICA 0 0 STUDENT FINANCIAL AID 42004 4 19 0 0 4 19 548993 0 548993 STUDENT FINANCIAL AID EUROPE 11 348902 CHECK / ACH 0 N/A N/A STUDENT FINANCIAL AID EAST ASIA & THE PACIFIC 4 76300 CHECK / ACH 0 N/A N/A STUDENT FINANCIAL AID CENTRAL AMERICA & CARIBBEAN 1 46470 CHECK / ACH 0 N/A N/A STUDENT FINANCIAL AID SUB-SAHARAN AFRICA 1 42004 CHECK / ACH 0 N/A N/A 0 0 0 0 0 0 PART I, LINE 2: NORTHWEST NAZARENE UNIVERSITY MONITORS THE USE OF ITS GRANT FUNDS AS REQUIRED BY THE INDIVIDUAL GRANT PROGRAMS AND DONOR CRITERIA ESTABLISHED AT THE TIME OF THE ORIGINAL DONATION. THESE ARE MONITORED THROUGH THE ANNUAL AUDITING PROCESS AS WELL AS THROUGH FEDERAL AND STATE REPORTING REQUIREMENTS. ISIR/FAFSA AND HIGH SCHOOL TRANSCRIPTS SHOWING ELIGIBILITY FOR GRANTS ARE MAINTAINED IN THE STUDENT'S FILE FOR A PERIOD OF 7 YEARS AFTER THE STUDENT WITHDRAWS OR FINISHES THEIR PROGRAMS. GRANT AMOUNTS APPEAR ON THE AWARD LETTER IN THE FILE AS WELL AS ON THE INDIVIDUAL'S FINANCIAL AID RECORD IN THE DATABASE. PART I, LINE 3: ACCRUAL METHOD PART III ACCOUNTING METHOD: 1 SCHOLARSHIPS - GRADUATE 24 174806 0 N/A N/A SCHOLARSHIPS - UNDERGRADUATE 1075 19587570 0 N/A N/A FELLOWSHIPS - RESEARCH STUDENTS 149 141880 0 N/A N/A HONORARIUMS 341 223991 PART I, LINE 2: NORTHWEST NAZARENE UNIVERSITY MONITORS THE USE OF ITS GRANT FUNDS AS REQUIRED BY THE INDIVIDUAL GRANT PROGRAMS AND DONOR CRITERIA ESTABLISHED AT THE TIME OF THE ORIGINAL DONATION. THESE ARE MONITORED THROUGH THE ANNUAL AUDITING PROCESS AS WELL AS THROUGH FEDERAL AND STATE REPORTING REQUIREMENTS. ISIR/FAFSA AND HIGH SCHOOL TRANSCRIPTS SHOWING ELIGIBILITY FOR GRANTS ARE MAINTAINED IN THE STUDENT'S FILE FOR A PERIOD OF 7 YEARS AFTER THE STUDENT WITHDRAWS OR FINISHES THEIR PROGRAMS. GRANT AMOUNTS APPEAR ON THE AWARD LETTER IN THE FILE AS WELL AS ON THE INDIVIDUAL'S FINANCIAL AID RECORD IN THE DATABASE. 1 X X X 0 0 0 0 0 0 0 0 0 JOEL PEARSALL PRESIDENT 205708 0 0 0 0 0 12480 0 20256 0 238444 0 0 0 STEVE EMERSON VP OF FINANCE & OPERATIONS 126477 0 0 0 0 0 7837 0 56024 0 190338 0 0 0 A PUBLIC FINANCE AUTHORITY 273866124 74442PJS5 2018-07-31 26045122 SEE PART VI 0 0 0 A 895969 26045122 1549688 435775 8679660 15380000 2018 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 SCHEDULE K, PART I, BOND ISSUES: (A) ISSUER NAME: PUBLIC FINANCE AUTHORITY OF WISCONSIN (F) DESCRIPTION OF PURPOSE: REFINANCE 2013 BOND; CAPITAL IMPROVEMENTS 24884 MERIT/NEED BASED SCHOLARSHIP SCHOLARSHIP 15424 TUITION REMISSION TUITION REMISSION JULIE BARRASS NIECE OF PRESIDENT JOEL PEARSALL 42902 EMPLOYMENT COMPENSATION 0 DAVID KOHAGEN SON-IN-LAW OF TRUSTEE DAVE MOWRY 35402 EMPLOYMENT COMPENSATION 0 SYDNEY KNIGHT DAUGHTER OF TRUSTEE BRIAN KNIGHT 42905 EMPLOYMENT COMPENSATION 0 CORAL MATTEI SISTER OF TRUSTEE JOY STREIGHT 11168 EMPLOYMENT COMPENSATION 0 TIMOTHY STREIGHT SON OF TRUSTEE JOY STREIGHT 34184 EMPLOYMENT COMPENSATION 0 TERESA TYGART MOTHER-IN-LAW OF TRUSTEE CANDACE TYGART 24454 EMPLOYMENT COMPENSATION 0 X 3 356682 AVERAGE STOCK PRICE X GIFT IN KIND 1 120000 FMV X DONATED EXPENSE 1 4927 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) IS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1A THE FULL BOARD OF TRUSTEES COMES TOGETHER TWICE EACH YEAR, IN OCTOBER AND MARCH. FOR MATTERS THAT COME UP IN BETWEEN THESE TWO MEETINGS, THE BOARD HAS ESTABLISHED AN EXECUTIVE COMMITTEE TO ACT ON ITS BEHALF. THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIRPERSON, THE VICE-CHAIRPERSON, THE SECRETARY OF THE BOARD, AND FIVE OTHER PERSONS ELECTED FROM AMONG THE MEMBERS OF THE BOARD OF TRUSTEES. REPRESENTATION INCLUDES FOUR LAY REPRESENTATIVES AND FOUR MINISTERIAL REPRESENTATIVES, AT LEAST ONE DISTRICT SUPERINTENDENT, AND AT LEAST ONE PASTOR. THE PRESIDENT OF THE UNIVERSITY IS A NON-VOTING, EX-OFFICIO MEMBER OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE HAS AUTHORITY TO ACT FOR THE UNIVERSITY WHEN THE BOARD OF TRUSTEES IN NOT IN SESSION. IN ADDITION, THE EXECUTIVE COMMITTEE OVERSEES THE WORK OF BOARD COMMITTEES AND SERVES AS THE PERSONNEL COMMITTEE OF THE BOARD OF TRUSTEES. NOTWITHSTANDING THE ABOVE, THE FOLLOWING MATTERS ARE RESERVED FOR THE BOARD OF TRUSTEES UNLESS DELEGATED TO THE EXECUTIVE COMMITEE: PRESIDENTIAL SELECTION AND TERMINATION; CHANGES IN INSTITUTIONAL MISSION AND PURPOSE; CHANGES TO THE ARTICLES OF INCORPORATION AND/OR BYLAWS; INCURRING CORPORATE INDEBTEDNESS; SALE OF UNIVERSITY REAL PROPERTY; ADOPTION OF THE ANNUAL BUDGET; CONFERRAL OF DEGREES; AND OTHER POWERS EXPRESSLY RESERVED TO THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE REGULARLY REPORTS ITS ACTIONS TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 2 JERRY KESTER AND MILLIE WATKINS HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE DISTRICT ASSEMBLIES ON THE NORTHWEST USA REGION OF THE CHURCH OF NAZARENE SHALL ELECT, CONSISTENT WITH THE ARTICLES OF INCORPORATION AND THE BYLAWS OF THE UNIVERSITY, THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B ANY PROPOSED AMENDMENTS TO THE UNIVERSITY'S ARTICLES OF INCORPORATION MUST BE RATIFIED BY A MAJORITY VOTE IN TWO-THIRDS OF THE DISTRICT ASSEMBLIES IN THE NORTHWEST USA REGION. FORM 990, PART VI, SECTION B, LINE 11B ONCE THE FORM 990 HAS BEEN PREPARED BY THE UNIVERSITY'S ACCOUNTING FIRM, IT IS REVIEWED BY THE CONTROLLER AND THE VP FOR FINANCE (CFO) FOR ANY MISSING AND/OR INACCURATE NUMBERS, STATEMENTS, ETC. WHEN MANAGEMENT IS SATISFIED THAT IT IS ACCURATE AND COMPLETE, AN ELECTRONIC COPY OF THE FORM AND ALL SCHEDULES IS EMAILED TO THE INDIVIDUALS ON THE AUDIT COMMITTEE FOR THEIR REVIEW. IF THE TIMING IS SUCH THAT IT CAN BE READILY REVIEWED AT A REGULARLY-SCHEDULED BOARD MEETING, THE AUDIT COMMITTEE DISCUSSES ANY QUESTIONS THEY HAVE WITH MANAGEMENT AND/OR THE ACCOUNTING FIRM AT THE MEETING. WHEN ALL QUESTIONS HAVE BEEN ANSWERED TO THEIR SATISFACTION, ALL OTHER TRUSTEES RECEIVE AN ELECTRONIC COPY OF THE RETURN BEFORE IT IS ELECTRONICALLY FILED WITH THE IRS. IF THE TIMING DOES NOT COINCIDE WITH A REGULARLY-SCHEDULED BOARD MEETING, THE MEMBERS OF THE AUDIT COMMITTEE DIRECT ANY QUESTIONS THEY HAVE TO THE CONTROLLER AND/OR CFO EITHER INDIVIDUALLY VIA EMAIL OR TELEPHONE OR A TELEPHONE CONFERENCE CALL MEETING IS HELD AT WHICH ALL OF THE COMMITTEE CAN DISCUSS ANY QUESTIONS THEY HAVE. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD OF TRUSTEES SHALL, ANNUALLY, SIGN A STATEMENT CERTIFYING THAT THEY HAVE READ, UNDERSTAND, AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. IF THERE ARE ANY EXCEPTIONS, THEY ARE REQUIRED TO STATE THEM AND EXCUSE THEMSELVES FROM VOTING ON ANY BUSINESS RELATED TO THE AREA OF CONFLICT. ADDITIONALLY, ANY EMPLOYEES WHO REPORT DIRECTLY TO THE PRESIDENT OR A VICE PRESIDENT SHALL SIGN THE SAME STATEMENT, ALSO NOTING ANY EXCEPTIONS. FORM 990, PART VI, SECTION B, LINE 15A THE UNIVERSITY PRESIDENT'S SALARY IS DETERMINED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THEY USE COMPARATIVE POSITION AND SALARY DATA FROM OTHER UNIVERSITIES OF SIMILAR SIZE AND DEMOGRAPHICS, SUCH AS SCHOOLS WITHIN THE COUNCIL FOR CHRISTIAN COLLEGES & UNIVERSITIES (CCCU) AND THE UNIVERSITY'S SEVEN SISTER NAZARENE UNIVERSITIES. THEIR RECOMMENDATION IS THEN TAKEN TO THE FULL BOARD OF TRUSTEES FOR THEIR APPROVAL. DETAILED MINUTES ARE KEPT OF ALL MEETINGS OF BOTH THE EXECUTIVE COMMITTEE AND THE BOARD OF TRUSTEES. THE SALARIES OF THE OTHER OFFICERS ARE DETERMINED ANNUALLY USING COMPARATIVE POSITION AND SALARY DATA FROM OTHER UNIVERSITIES OF SIMILAR SIZE AND DEMOGRAPHICS. THIS PROCESS IS DIRECTED AND UNDERTAKEN BY THE PRESIDENT. COMPENSATION RECOMMENDATIONS MADE BY THE PRESIDENT IS REPORTED TO GOVERNANCE AND IS DETERMINED WITHIN THE ESTABLISHED BUDGETARY PROCESS OF THE UNIVERSITY. THIS PROCESS WAS LAST UNDERTAKEN IN 2021. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THEY ARE AVAILABLE FOR REVIEW DURING REGULAR BUSINESS HOURS AND A COPY CAN BE OTAINED WITHIN A REASONABLE TIME PERIOD. THE REQUESTOR MAY BE REQUIRED TO PAY THE COSTS OF REPRODUCING THE COPIES, IF NEEDED. FORM 990, PART IX, LINE 11G FOOD SERVICE - SODEXO: PROGRAM SERVICE EXPENSES 2,120,956. MANAGEMENT AND GENERAL EXPENSES 28,019. FUNDRAISING EXPENSES 24,597. TOTAL EXPENSES 2,173,572. SERVICES - ON CAMPUS: PROGRAM SERVICE EXPENSES 326,646. MANAGEMENT AND GENERAL EXPENSES 5,714. FUNDRAISING EXPENSES 51,131. TOTAL EXPENSES 383,491. SERVICES - LEGAL & ACCOUNTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 89. TOTAL EXPENSES 89. SERVICES - OFF CAMPUS: PROGRAM SERVICE EXPENSES 1,244,053. MANAGEMENT AND GENERAL EXPENSES 253,547. FUNDRAISING EXPENSES 799,526. TOTAL EXPENSES 2,297,126. OTHER FEES: PROGRAM SERVICE EXPENSES 2,355,411. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,355,411. FORM 990, PART XI, LINE 9: CHANGE IN PRESENT VALUE OF TRUSTS AND ANNUITIES 334,867. FORM 990, PART XII, LINE 2C: THIS PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. NORTHWEST NAZARENE UNIVERSITY FOUNDATION INC 623 S UNIVERSITY BLVD NAMPA ID 83686 820432900 PROVIDE SUPPORT TO NW NAZARENE UNIVERSITY INC ID 501(C)(3) LINE 12A, I NORTHWEST NAZARENE UNIVERSITY INC 1 CHARITABLE REMAINDER TRUSTS (25) INVESTMENTS ID NORTHWEST NAZARENE UNIVERSITY INC T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0