2020-07-10T18:33:35-05:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2018-07-01 820200907 NORTHWEST NAZARENE UNIVERSITY INC NORT 2084678523 623 S UNIVERSITY BLVD NAMPA ID 83686 STEVEN EMERSON VP FOR FINANCE AND OPERATIONS 2084678523 2020-07-10 1 LARRY ADAMS P01314654 6123764500 2020-07-10 67.137.57.251 2020-07-10 17:42:14 CD P D58F7A891376973A2C688259087F0D91BA8942CB 34E366C2F767D8F971963F8AE9C8A7B7535A705B 2018 2020-09-23 17:36:50Z JOEL PEARSALL 623 S UNIVERSITY BLVD NAMPA ID 83686 95712503 0 X WWW.NNU.EDU X 1913 ID THE MISSION OF NNU IS THE TRANSFORMATION OF THE WHOLE PERSON. 40 31 923 104 356015 0 8324355 9126716 46840181 48677074 2744294 3056558 687484 679994 58596314 61540342 17910236 17324867 0 0 22645931 23592607 0 0 2511584 16432617 17456438 56988784 58373912 1607530 3166430 126845059 142945517 26572135 38306496 100272924 104639021 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 36647228 17324867 42850381 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, TWIN 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. 10445868 0 917742 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 INCLUDE 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 COUNTY, 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. 1324138 0 4892966 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.STUDENT HOUSING: SEVEN RESIDENCE HALLS PROVIDE A VARIETY OF RESIDENTIAL SETTINGS, FROM THE TRADITIONAL CULVER, DOOLEY, FORD, AND SUTHERLAND HALLS, WHICH TYPICALLY HOUSE UNDERCLASSMEN, TO THE CORLETT, OLSEN AND KIRKEIDE APARTMENT COMPLEXES, WHICH PROVIDE THE ADDED AMENITIES OF APARTMENT-STYLE LIVING ALONG WITH THE TRADITIONAL BENEFITS AND 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. 48417234 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 1 1 0 1 0 0 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 1 174 0 923 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 40 31 0 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 BLVD NAMPA ID 83686 RANDY CRAKER CHAIRMAN 1.50 0.50 X X 0 0 0 STAN REEDER VICE-CHAIRMAN 1.50 0.00 X X 0 0 0 JOEL PEARSALL PRESIDENT 50.00 5.00 X X 184435 0 22529 DAVID SLONAKER SECRETARY 1.50 0.50 X X 0 0 0 JEFF ALEXANDER TRUSTEE 1.00 0.00 X 0 0 0 KAREN BALL TRUSTEE 1.00 0.00 X 0 0 0 TOM BOURNE TRUSTEE 1.00 0.00 X 0 0 0 BILL BOWERS TRUSTEE 1.00 0.00 X 0 0 0 BILL BUCKHOLDT TRUSTEE 1.00 0.00 X 0 0 0 BILL CARR TRUSTEE 1.00 0.00 X 0 0 0 JEREMY CARR TRUSTEE 1.00 0.00 X 0 0 0 KEVIN COMPTON TRUSTEE 1.00 0.00 X 0 0 0 JEFF CROSNO TRUSTEE 1.00 0.00 X 0 0 0 JEFF DOUD TRUSTEE 1.00 0.00 X 0 0 0 BOB HAMILTON TRUSTEE 1.00 0.00 X 0 0 0 PAUL HARTLEY TRUSTEE 1.00 0.00 X 0 0 0 TROY JOHNSON TRUSTEE 1.00 0.00 X 0 0 0 JENNA KEARNS TRUSTEE 1.00 0.00 X 0 0 0 JERRY KESTER TRUSTEE 1.00 0.00 X 0 0 0 JEFFREY KINNEEVEAUK TRUSTEE 1.00 0.00 X 0 0 0 JOSEPH LANHAM TRUSTEE 1.00 0.00 X 0 0 0 TAHMINA MARTELLY TRUSTEE 1.00 0.00 X 0 0 0 BRANDIN MELTON TRUSTEE 1.00 0.00 X 0 0 0 DAVE MOWRY TRUSTEE 1.00 0.00 X 0 0 0 BEN NORRIS TRUSTEE 1.00 0.00 X 0 0 0 BECCA NOTBOHM TRUSTEE 1.00 0.00 X 0 0 0 LIZ OTT TRUSTEE 1.00 0.00 X 0 0 0 DAVID RALPH TRUSTEE 1.00 0.00 X 0 0 0 MINNIE RICHARDS TRUSTEE 1.00 0.00 X 0 0 0 DALE SHAFER TRUSTEE 1.00 0.00 X 0 0 0 J SCOTT SHAW TRUSTEE 1.00 0.00 X 0 0 0 SHAWN SIEGFREID TRUSTEE 1.00 0.00 X 0 0 0 JULIE SIEVERS TRUSTEE 1.00 0.50 X 0 0 0 SCOTT SIMONS TRUSTEE 1.00 0.00 X 0 0 0 H GORDON III SMITH TRUSTEE 1.00 0.00 X 0 0 0 JOY STREIGHT TRUSTEE 1.00 0.00 X 0 0 0 BRAD SWARTZENTRUBER TRUSTEE 1.00 0.00 X 0 0 0 CYNTHIA TOBIAS TRUSTEE 1.00 0.00 X 0 0 0 BILL VAUGHN TRUSTEE 1.00 0.00 X 0 0 0 BOB WALKER TRUSTEE 1.00 0.00 X 0 0 0 DAVE WESTMARK TRUSTEE 1.00 0.00 X 0 0 0 CHAD WILKS TRUSTEE 1.00 0.00 X 0 0 0 MIKE YOST TRUSTEE 1.00 0.00 X 0 0 0 MIKE ZAHARE TRUSTEE 1.00 0.00 X 0 0 0 JAN MCINTIRE TRUSTEE EX OFFICIO 1.00 0.00 X 0 0 0 STEVEN EMERSON VP OF FINANCE & OPERATIONS 50.00 5.00 X 114101 0 18943 MARK WHEELER VP OF EXTERNAL RELATIONS 50.00 5.00 X 108484 0 20739 CAREY COOK VP OF STUDENT LIFE 50.00 5.00 X 110996 0 13942 BRAD KURTZ-SHAW VP OF ACADEMIC AFFAIRS 50.00 5.00 X 117776 0 17097 635792 0 93250 5 0 1 0 HILL CONSTRUCTION CO LLC 760 E KING ST STE 107 MERIDIAN ID 83642 BUILDING CONSTRUCTION 6783303 SODEXO INC & AFFILIATES 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 BOARD/CATERING/FOOD SERVICE/FACILITIES M 3838423 MCALVAIN CONCRETE INC 5559 W GOWEN RD BOISE ID 83709 CONCRETE 965904 BARGREEN ELLINGSON INC 6626 TACOMA MALL BLVD TACOMA WA 98409 RESTAURANT SUPPLIES AND EQUIPMENT 381864 RUFFALO NOEL LEVITZ LLC PO BOX 718 DES MOINES IA 50303 CONSULTING/MARKETING 262152 14 1041472 8085244 925882 9126716 TUITION AND FEES 611600 42866366 42866366 AUXILIARY SERVICES 611710 4892966 4892966 ATHLETIC REVENUE 611710 595809 595809 STUDENT GOVT RECEIPTS 611710 265933 265933 OTHER STUDENT FEES 611710 56000 56000 48677074 1677513 1677513 136543 58063 78480 78480 78480 35113162 83325 33817442 0 1295720 83325 1379045 1379045 202191 296656 -94465 -94465 OTHER SERVICES 900099 695979 356015 339964 695979 61540342 48661089 356015 3396522 17324867 17324867 362508 39594 263523 59391 16743204 14161637 1719731 861836 680648 587805 49232 43611 4664846 2115958 2419635 129253 1141401 987276 93153 60972 102314 725 101589 66156 66156 255257 20709 234548 3892776 3147879 488998 255899 598438 78177 8952 511309 1601235 1395180 48009 158046 895783 353401 465816 76566 2888734 2702811 158081 27842 1626985 1486873 103980 36132 376772 241825 17211 117736 607333 607333 3027616 2838887 166152 22577 256093 256093 MISCELLANEOUS 571362 459262 106764 5336 ENTERTAINMENT/RECEPTION 305787 160427 19621 125739 MEMBERSHIPS/SUBSCRIPTIO 259509 191964 48861 18684 EQUIPMENT RENTAL/REPAIR 39998 39106 892 84290 82871 764 655 58373912 48417234 7445094 2511584 2619465 2587799 2747246 2688024 3507482 4721793 1024358 584384 135108 101293 192538 481701 109697186 46565778 55698086 63131408 36431618 46092061 20238747 18626840 2804783 2274497 1445628 1655717 126845059 142945517 2564246 3272269 1060558 1846848 15380000 26030833 7567331 7156546 26572135 38306496 X 58366781 60522488 13610602 14842309 28295541 29274224 100272924 104639021 126845059 142945517 X 3166430 1199551 116 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 58494083 58494083 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 788262 X X 0 56285406 1023235 3558611 2493790 15006361 43367101 57473418 902430 4596545 1329480 5075066 282441 56285406 52116950 586377 6295421 1315125 210205 57473418 53817634 1388327 -1581990 1240785 266236 52116950 33298767 20541189 1342190 1123284 241228 53817634 0.12420 0.65770 0.21810 0 0 1864843 3124575 4989418 737105 60180654 22599717 38318042 21789838 17541635 4248203 22000171 6424426 15575745 63131408 FIXED INCOME 16331940 F REAL ESTATE 2294900 F 18626840 REFUNDABLE LOAN PROGRAMS 2761693 POST-RETIREMENT PAYABLE 1484733 CHARITABLE TRUST FUNDS PAYABLE 2027785 CAPITAL LEASE OBLIGATIONS 443107 ANNUITIES PAYABLE 439228 7156546 X 45451988 1199551 354835 1554386 43897602 234548 17408192 17642740 61540342 41169216 354719 354719 40814497 234548 17324867 17559415 58373912 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 296,656. RENTAL EXPENSES 58,063. CHANGE IN VALUE OF TRUSTS AND ANNUITIES 116. PART XI, LINE 4B - OTHER ADJUSTMENTS: COLLEGE FUNDED SCHOLARSHIPS 17,324,867. GAIN ON DISPOSAL OF ASSETS 83,325. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 296,656. RENTAL EXPENSES 58,063. PART XII, LINE 4B - OTHER ADJUSTMENTS: COLLEGE FUNDED SCHOLARSHIPS 17,324,867. 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. EUROPE 0 0 PROGRAM SERVICES STUDY ABROAD & MISSION TRIPS 34245 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD & MISSION TRIPS 4850 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD & MISSION TRIPS 94040 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDY ABROAD & MISSION TRIPS 2730 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD & MISSION TRIPS 14414 0 0 0 0 0 0 150279 0 150279 0 0 0 0 0 0 PART I, LINE 3: ACCRUAL METHOD 1 SCHOLARSHIPS - GRADUATE 88 271587 0 N/A N/A SCHOLARSHIPS - UNDERGRADUATE 1144 16813187 0 N/A N/A FELLOWSHIPS - RESEARCH STUDENTS 293 240093 0 N/A N/A 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 184435 0 0 0 0 0 11192 0 11337 0 206964 0 0 0 A PUBLIC FINANCE AUTHORITY 273866124 74442PJS5 2018-07-31 26045122 SEE PART VI 0 0 0 A 26045122 1549688 435775 8679660 15380000 1 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 0 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 103275 SCHOLARSHIPS MERIT/NEED CORAL MATTEI SISTER OF TRUSTEE JOY STREIGHT 34663 EMPLOYMENT COMPENSATION 0 JERRY HARRIS BROTHER-IN-LAW OF TRUSTEE JEREMY CARR 101945 EMPLOYMENT COMPENSATION 0 DUSTIN METCALF SON-IN-LAW OF TRUSTEE RANDY CRAKER 64947 EMPLOYMENT COMPENSATION 0 OLIVIA METCALF DAUGHTER OF TRUSTEE RANDY CRAKER 81069 EMPLOYMENT COMPENSATION 0 KELLI WESTMARK DAUGHTER OF TRUSTEE DAVE WESTMARK 1050 EMPLOYMENT COMPENSATION 0 KYLEE BALL DAUGHTER-IN-LAW OF TRUSTEE KAREN BALL 43042 EMPLOYMENT COMPENSATION 0 X 7 540175 AVERAGE STOCK PRICE X COIN COLLECTION 1 360107 APPRAISED X ORGAN FOR THE MUSIC DEPARTMENT 1 25600 APPRAISED 0 0 1 1 PART I, COLUMN (B): COLUMN (B) REPORTS THE NUMBER OF CONTRIBUTORS. PART I, LINE 32B: GIFTS OF PROPERTY ARE LISTED WITH A REALTOR. FORM 990, PART VI, SECTION A, LINE 1 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 COMMITTEE: 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 7A THE DISTRICT ASSEMBLIES ON THE NORTHWEST USA REGION OF THE CHURCH OF THE 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. THIS PROCESS WAS LAST UNDERTAKEN IN MARCH, 2018, FOR JOEL PEARSALL, PRESIDENT. 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 GOVERANCE AND IS DETERMINED WITHIN THE ESTABLISHED BUDGETARY PROCESS OF THE UNIVERSITY. THIS PROCESS WAS LAST UNDERTAKEN IN SEPTEMBER 2017, UPON THE HIRING OF STEVEN EMERSON, VPFO. 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 OBTAINED WITHIN A REASONABLE TIME PERIOD. THE REQUESTOR MAY BE REQUIRED TO PAY THE COSTS OF REPRODUCING THE COPIES, IF NEEDED. FORM 990, PART XI, LINE 9: CHANGE IN PRESENT VALUE OF TRUSTS AND ANNUITIES 116. 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