2018-04-27T08:54:56-07:00 2017-06-30 990 2016-07-01 470376583 CREIGHTON UNIVERSITY CREI 4022805750 2500 California Plaza Omaha NE 681780410 John Nisbet Vice President for Finance 4022804093 2018-04-27 147.134.139.252 2016 2021-01-29 14:40:06Z Rev Daniel S Hendrickson SJ Phd 2500 California Plaza Omaha NE 68178 912826659 0 X www.creighton.edu X 1878 NE Creighton University, founded in 1878, is one of 28 Jesuit, Catholic universities in the U.S. Through its 9 colleges and schools, Creighton provides more than 4,200 undergraduate and almost 4,200 professional and graduate students an atmosphere that challenges them academically and professionally, and supports and inspires them individually. Community service is a hallmark of Creighton's Jesuit, Catholic tradition and foundational to its mission. Last year students volunteered more than 1 million hours through service programs locally, nationally and internationally. 35 30 5966 830 -1022446 -1089449 59315991 64268254 396951645 413162571 25264445 75361958 201080 286061 481733161 553078844 82569477 86499796 0 0 222912481 232011727 0 0 5288676 156680171 143436850 462162129 461948373 19571032 91130471 1091075602 1176626443 303964409 284843490 787111193 891782953 Creighton University is a Catholic and Jesuit comprehensive university committed to excellence in its selected undergraduate, graduate and professional programs. As Catholic, Creighton is dedicated to the pursuit of truth in all its forms and is guided by the living tradition of the Catholic Church. As Jesuit, Creighton participates in the tradition of the Society of Jesus which provides an integrating vision of the world that arises out of a knowledge and love of Jesus Christ. As comprehensive, Creighton's education embraces several colleges and professional schools and is directed to the intellectual, social, spiritual, physical and recreational aspects of students' lives and to the promotion of justice. Creighton exists for students and learning. Members of the Creighton community are challenged to reflect on transcendent values, including their relationship with God, in an atmosphere of freedom of inquiry, belief and religious worship. 0 0 212706244 86499796 343869627 Higher Education: Instruction - Creighton University, founded in 1878, is a private Catholic, Jesuit educational institution with more than 8,300 students of diverse faiths, races and ethnic backgrounds from across the United States and 50 countries. The University provides its more than 4,200 undergraduate and almost 4,200 professional and graduate students a balanced educational experience, a rigorous academic agenda and a broad range of disciplines. Creighton's distinctive approach to education instills not just information but ideals, imbues not just technical skills but critical and creative thinking, and inspires not just competence but professional distinction and faith-based leadership and service. In addition to the College of Arts and Sciences, the University's oldest and largest school or college, Creighton University includes the Heider College of Business, the College of Nursing, the Graduate School, the Schools of Dentistry, Law, Medicine, Pharmacy and Health Professions, and University College. 24993945 11345495 Higher Education: Health Care Services - Creighton University's four health sciences schools-dentistry, medicine, nursing, and pharmacy and health professions-educate healthcare professionals who are highly trained in healthcare delivery. In addition, Creighton University's School of Medicine's southwest campus at St. Joseph's Hospital and Medical Center in Phoenix offers two years of clinical training to 84 medical students after they have completed their first two years of medical school in Omaha. Creighton's health sciences schools provide healthcare education for almost 2,700 dental, medical, nursing, pharmacy and occupational and physical therapy students. 65358723 0 40186067 Student Life Programs: Auxiliary Services - Guided by Jesuit, Catholic values and in support of the Creighton University mission, the Division of Student Life provides programs and services enhancing all student experiences. In partnership with the campus, Student Life fosters holistic student development in the Ignatian tradition, to produce students engaged in their communities with compassion, confidence and character. Student Life programs include Residential Life; Student Counseling Services; Student Health Services; Office of Community Standards and Wellbeing; Creighton Intercultural Center; the student life function of the Encuentro Dominicano study abroad program; Student Leadership and Involvement Center including Welcome Week, Summer Preview (new student orientation), Creighton Students Union (student government), Fraternity and Sorority Life, and over 200 registered student organization; Recreation and Wellness including intramurals, housing services (approximately 2500 students live in one of the 9 residence halls on campus); dining services, Student Center, and Centralized Reservations. 18559557 0 17645716 Sponsored Research and Other Education and General 18559557 0 17645716 321618469 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 1 1 1 1 0 1 11525 0 1 5966 1 1 1 0 0 0 0 1 1 0 0 0 0 X 35 30 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Jason T McGill 4022805750 2500 California Plaza Omaha NE 681780410 Rev Casey Beaumier SJ Director 1 0 X 0 0 0 Mr Thomas Berry Director 1 0 X 0 0 0 Ms Mary E Walton Conti MD Director 1 0 X 0 0 0 Mr Jerry Crouse Director 1 0 X 0 0 0 Rev Joseph Daoust SJ Director 1 0 X 0 0 0 Mr Chris Elias Director 1 0 X 0 0 0 Ms Mimi A Feller Director 1 0 X 0 0 0 Mr Ronald B Gartlan Director 1 0 X 0 0 0 Mr W Gary Gates Director 1 0 X 0 0 0 Mr Nizar Ghoussaini Director 1 0 X 0 0 0 Mr Bruce E Grewcock Director, Vice Chairman 1 0 X X 0 0 0 Ms Susan Haddix Director 1 0 X 0 0 0 Mr Frank L Hayes Director 1 0 X 0 0 0 Ms Julie Hefflinger Director 1 0 X 0 0 0 Mr Scott C Heider Director 1 0 X 0 0 0 Rev Daniel S Hendrickson SJ President 40 0 X X 0 0 0 Mr Mark Denniston Huber Director 1 0 X 0 0 0 Eric T Immel SJ Director 1 0 X 0 0 0 Mr Richard T Kizer Director 1 0 X 0 0 0 Mr Jack Koraleski Honorary Director 1 0 X 0 0 0 Rev G Thomas Krettek SJ PhD Director 1 0 X 0 0 0 Mr Terry J Kroeger Director 1 0 X 0 0 0 Mr Bruce R Lauritzen Director 1 0 X 0 0 0 Rev William P Leahy SJ Director 1 0 X 0 0 0 Ms Deborah A MacDonald Director 1 0 X 0 0 0 Mr Floyd J Malveaux MD Ph D Director 1 0 X 0 0 0 Mr Jayme V Martin Director 1 0 X 0 0 0 Mr Michael R McCarthy Director, Chairman 1 0 X X 0 0 0 Ms Jane Miller Director 1 0 X 0 0 0 Mr Chris J Murphy Director 1 0 X 0 0 0 Mr Daniel P Neary Director 1 0 X 0 0 0 Ms Sheila Nix Director 1 0 X 0 0 0 Mr James B O'Brien Director 1 0 X 0 0 0 Rev Gregory O'Meara SJ Director 1 0 X 0 0 0 Mr Mark H Rauenhorst Director 1 0 X 0 0 0 Mr Bruce C Rohde Director 1 0 X 0 0 0 Rev Nicholas Santos SJ Ph D Director 1 0 X 0 0 0 Mr Nick W Turkal MD Director 1 0 X 0 0 0 Ms Gail Werner-Robertson Director 1 0 X 0 0 0 Mr Gary Witt Director 1 0 X 0 0 0 Mr Ryan Zabrowski Director 1 0 X 0 0 0 Mr Patrick J Zenner Director 1 0 X 0 0 0 Daniel E Burkey Senior Vice President 40 0 X 369442 0 32376 James Jansen JD General Counsel/Secretary 40 0 X 325104 0 37048 Dr Thomas Murray Provost 40 0 X 378747 0 31247 John Nisbet Vice President for Finance 40 0 X 0 0 0 Richard Virgin Vice President 40 0 X 309105 0 18550 Donald Frey MD Vice President 40 0 X 376409 0 22968 J Chris Bradberry Dean, School of Pharmacy and Allied Health 40 0 X 348271 0 27949 John L Wilhelm Vice President 40 0 X 198019 0 33081 Robert Dunlay Dean, School of Medicine 40 0 X 682735 0 33608 Bridget Keegan Dean, School of Arts & Sciences 40 0 X 240927 0 16911 Anthony Hendrickson Dean, College of Business Administration 40 0 X 348905 0 31283 Gregory McDermott Athletic Coach 40 0 X 1496438 0 31283 Erin Willis Loucks MD Professor 40 0 X 705573 0 31192 John Schmidt MD Professor 40 0 X 615722 0 24830 Terence L Zach MD Professor 40 0 X 567314 0 32376 Harold A Kaftan MD Professor 40 0 X 533948 0 31283 Edward O'Connor Former Provost 40 0 X 433834 0 27927 Patrick J Borchers JD Former Vice President 40 0 X 261820 0 30108 8192313 0 494020 441 1 1 0 Media W 19504 Marcy St Elkhorn NE 68022 Advertisement placement 2461611 EducationDynamics LLC 5 Marine View Plaza Hoboken NJ 07030 Media Planning/Advertising 1081292 Optimized Systems 120 S 31st Ave Suite 5101 Omaha NE 68131 Energy consulting 814650 Choice Solutions LLC 7015 College Blvd Suite 300 Overland Park KS 66211 Technology Services 377156 Childrens Hospital and Medical Center 8200 Dodge Street Omaha NE 68114 Physician billing services 287221 16 0 0 354440 3977459 13820882 46115473 20253268 64268254 Higher Education: Instruction 900099 343869627 343869627 0 0 Student Life Programs: Auxilliary Services 900099 40301733 40186067 115666 0 Other Education and General 900099 17645716 17645716 0 0 Higher Education: Health Care Services 900099 11345495 11345495 0 0 0 0 0 0 413162571 28062273 0 -1138112 29200385 0 0 0 0 235409 0 0 235409 0 0 0 0 0 0 0 0 0 0 406824178 0 359524493 0 47299685 0 47299685 0 0 47299685 273974 354440 223322 50652 0 50652 0 0 0 0 0 0 0 0 0 0 0 0 0 553078844 413046905 -1022446 76786131 0 0 86499796 86499796 0 0 0 0 3673021 0 3673021 0 0 0 0 0 181406482 112099877 66358287 2948318 8183963 4956903 3096689 130371 27452896 16627807 9909430 915659 11295365 6841433 4273997 179935 0 0 0 0 384938 26545 358393 0 255977 0 255977 0 80817 0 80817 0 5418776 5418776 0 34457328 28076781 6095079 285468 3361588 0 3361588 0 19898662 14684863 4965327 248472 5140780 703372 4355611 81797 0 0 0 0 13550506 12894708 655397 401 7930916 5705932 1900119 324865 0 0 0 0 2549219 1118136 1414580 16503 6584270 4850236 1734034 0 0 0 0 0 25453232 16786279 8666953 0 4665311 3109085 1556226 0 Adjustment to Allowance for Doubtful Accounts 328000 0 328000 0 13376530 6636716 6582927 156887 461948373 321618469 135041228 5288676 20273837 12002997 1846189 7100583 14029834 5105188 14248758 13563828 0 0 0 0 31242703 43579626 837042 1091975 4903098 7546886 741151921 349617199 386396939 391534722 410483791 525108724 195923105 158762928 0 0 0 0 10890306 11228986 1091075602 1176626443 55580294 41864337 0 0 18971106 22327823 138615335 126681576 0 0 0 0 0 10205000 0 0 90797674 83764754 303964409 284843490 X 361110381 437690289 210197309 228905710 215803503 225186954 787111193 891782953 1091075602 1176626443 X 91130471 17072345 0 0 0 -3531056 X 0 1 X 1 1 1 X 68381579 100241564 65393627 59315991 64268254 357601015 68381579 100241564 65393627 59315991 64268254 357601015 24133720 333467295 20463242 22412696 23296646 24032104 28297682 118502370 95044 0 0 95044 476198429 2129890906 0.70027 0.74254 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 80817 80817 461867556 461948373 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 78500 73226 65713 80817 298256 250000 250000 250000 250000 1000000 1500000 0 0 0 0 0 448457492 26114464 64780962 7747869 -1138429 7161974 525581504 449443337 21431662 -10428405 7420337 482887 4085878 448457492 439784432 8501572 10867611 5416978 -815007 5108307 449443337 336228094 43513240 61001861 5187943 -10079054 5849874 439784432 299864347 10501394 39134251 4721082 4694773 3856043 336228094 0.43 0.42 0.15 1 0 0 41519884 41519884 0 514880588 249211693 265668895 0 842830 660679 182151 0 91620011 65953719 25666292 0 92288608 33791108 58497500 391534722 Private Equity Investments 157908716 F TIF Loan 854212 F 158762928 Refundable Student Loans 29665132 Interest Rate Swaps 24393107 Other Liabilities 26198186 Reserves 3508329 83764754 X Schedule D, Part V, Line 4 The University's intended uses for the endowment fund earnings are primarily scholarships, operations and support of academic programs. Schedule D, Part X, Line 2 As of June 30, 2017, the University had no liability for unrecognized tax benefits. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Creighton University's nondiscrimination policy is stated in all publications from Admissions and in all brochures issued by the Registrar. Nondiscrimination policy: Creighton admits qualified students and hires qualified employees without regard to race, color, age, national or ethnic origin, disability, sex, marital status or religion. Its education and employment policies, scholarships and loan programs and activities are administered without unlawful discrimination. The University is taking affirmative action to employ and advance in employment qualified disabled veterans and veterans of the Vietnam era. It is also the policy of the University to make all programs and services available to all individuals with disabilities. Schedule E, Part I, Line 6 Creighton University receives federal funds in the form of research grants, scholarship funds and contract payments. The University receives no governmental apportionments designed to supplement operating revenues. Europe (including Iceland and Greenland) 0 0 Investments 6201000 Central America and the Caribbean 0 0 Investments 65580000 North America (including Canada and Mexico, but not the United States) 0 0 Investments 32278000 Europe (including Iceland and Greenland) 0 0 Program Services Group based trips led by faculty 299558 East Asia and the Pacific 0 0 Program Services Group based trips led by faculty 119836 South America 0 0 Program Services Group based trips led by faculty 86062 Sub-Saharan Africa 0 0 Program Services Group based trips led by faculty 28627 South Asia 0 0 Program Services Group based trips led by faculty 15749 Central America and the Caribbean 0 4 Program Services Group based trips led by faculty 807586 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Group based trips led by faculty 1300 0 4 105417718 1 0 0 0 1 0 Jaybacker Jamboree 267562 69200 198362 0 26858 14409 45646 2345 14688 Leaders for Life Luncheon 174935 169675 5260 0 0 0 8892 417 393 4 185917 115565 70352 0 51465 4012 20189 32542 1466 628414 354440 273974 0 78323 18421 74727 35304 16547 223322 50652 1 Undergraduate scholarships 3608 67412276 0 Graduate/professional scholarships 624 10378207 0 Undergraduate remissions 269 5089037 0 Graduate/professional remissions 515 3620276 0 Schedule I, Part I, Line 2 The grants and/or financial assistance provided to the students are applied directly to the student's account, ensuring that the funds are used as intended X X 0 0 X X X 0 0 0 0 0 0 0 0 0 Daniel E Burkey Senior Vice President 369442 0 0 0 0 0 18550 0 13826 0 401818 0 0 0 James Jansen JD General Counsel 325104 0 0 0 0 0 18550 0 54439 0 398093 0 0 0 Edward O'Connor Former Provost 433834 0 0 0 0 0 18550 0 9377 0 461761 0 0 0 Dr Thomas Murray Provost 378747 0 0 0 0 0 18550 0 12697 0 409994 0 0 0 J Chris Bradberry Dean, School of Pharmacy and Allied Health 341197 0 0 0 7074 0 18550 0 9399 0 376220 0 0 0 John L Wilhelm Vice President 198019 0 0 0 0 0 14583 0 35903 0 248505 0 0 0 Robert Dunlay Dean, School of Medicine 682735 0 0 0 0 0 18550 0 15058 0 716343 0 0 0 Bridget Keegan Dean, School of Arts & Sciences 240927 0 0 0 0 0 16911 0 0 0 257838 0 0 0 Anthony Hendrickson Dean, College of Business Administration 348905 0 0 0 0 0 18550 0 48109 0 415564 0 0 0 Richard Virgin Vice President 291105 0 0 0 18000 0 18550 0 0 0 327655 0 0 0 Gregory McDermott Athletic Coach 1450968 0 0 0 45470 0 18550 0 12733 0 1527721 0 0 0 Erin Willis Loucks MD Professor 705573 0 0 0 0 0 18550 0 12642 0 736765 0 0 0 John Schmidt MD Professor 605722 0 0 0 10000 0 6333 0 18497 0 640552 0 0 0 Terence L Zach MD Professor 549314 0 0 0 18000 0 18550 0 13826 0 599690 0 0 0 Harold A Kaftan MD Professor 515948 0 0 0 18000 0 18550 0 48109 0 600607 0 0 0 Patrick J Borchers JD Former Vice President 261820 0 0 0 0 0 17375 0 12733 0 291928 0 0 0 Donald Frey MD Vice President 376409 0 0 0 0 0 18550 0 4418 0 399377 0 0 0 Schedule J, Part I, Line 1a The University President is provided housing on campus, which is required of his position. Club membership dues are paid for certain of the employees listed on Schedule J and are included in box 5 W-2 wages. Schedule J, Part I, Line 1b As stated related to Line 1a, The University President is the only employee provided a residence, therefore there is no specific policy. The Club dues that are provided are specific to the related employee's employment contract instead of an overall policy. A The County of Douglas Nebraska 476006455 259226BH0 2010-12-15 33446533 Refund prior issues (3/15/99)(9/20/07) & Acq and construction 0 0 0 B The County of Douglas Nebraska 476006455 259226BT4 2014-05-16 99675000 Refund of prior bonds (7/30/08) 0 0 0 A 3825000 0 33464275 2505216 0 0 263789 0 0 8131871 22563399 0 2012 1 0 1 1 B 1850000 0 99675000 0 0 0 0 0 0 0 99675000 0 2009 1 0 1 1 A 0 0 0 0 0 0 0 0 0 1 B 0 1 1 1 0 0.0154 0 0.0154 0 0 1 A 0 0 1 1 0 0 0 0 1 B 0 0 1 1 1 0 0 0 1 A 1 B 1 Schedule K, Part II, Line 3-12/15/2010 33,446,533 The County of Douglas Nebraska The total proceeds do not agree to the issue price in Part I, Column (e) due to investment earnings. Schedule K, Part IV, Line 2c-12/15/2010 33,446,533 The County of Douglas Nebraska Date the Rebate Calculation was performed: 11/30/15 Schedule K, Part IV, Line 2c-05/16/2014 99,675,000 The County of Douglas Nebraska Date the Rebate Calculation was Performed: 11/16/14. Since the proceeds have been spent and the debt service funds were operated on a bona fide basis, no further rebate calculations are necessary. Officer Dependent of Officer 35942 Employee Tuition Remission Employee Benefit Key Employee Dependent of Key Employee 35376 Employee Tuition Remission Employee Benefit Officer Dependent of Officer 17405 Employee Tuition Remission Employee Benefit Bruce Grewcock Creighton Trustee and Officer of Kiewit Construction 322103 Construction Services 0 Jayme V Martin Creighton Trustee and Officer with Nike Inc 364979 Athletic Apparel 0 Jane Miller Creighton Trustee and Officer of Gallup Organization 151800 Higher Ed strategy consultation 0 Terry Kroeger Creighton Trustee and Officer of Omaha World Herald 175180 Newspaper and advertising services 0 Bruce R Lauritzen Creighton Trustee and Officer of First National Bank 137713 Fees for banking transactions 0 Gail Werner-Robertson Creighton Trustee and Husband Scott Robertson owner of Ultra Air, LLC 266093 Airplane Flights 0 Daniel P Neary Creighton Trustee and Mutual of Omaha Trustee 1439234 Various life and disability insurance coverage 0 X 1 228735 Market Price X 128 18943886 Market Price X Under 100,000 107 150564 Various X Lab Equipment 1 629580 Market Price X Dental Equipment 1 200503 Market Price X Airline Miles 1 100000 Various 5 0 1 1 Schedule M, Part I, Line 9 During the fiscal year ended June 30, 2017, the University received 128 contributions of various shares of publicly traded securities. Schedule M, Part I, Lines 25-28 During the fiscal year ended June 30, 2017, the University received 107 contributions of various non-cash gifts, ranging from $10-$29,500, Lab Equipment of $629,580, Dental Equipment of $200,503, and Airline Miles of $100,000. Schedule M, Part I, Line 32b Third party brokers are used to sell securities that are received as contributions upon the receipt of the securities. Third party brokers are also used to sell real property and artwork items that are received as contributions. Form 990, Part VI, Section A, Line 2 Daniel Neary and Gary Gates - Business Relationship. Bruce Grewcock and Michael McCarthy - Business Relationship. Form 990, Part VI, Section B, Line 11b The Form 990 is prepared and reviewed by management. Upon completion, the Risk Management, Audit and Compliance Subcommittee of the Board of Trustees reviews the Forms 990 and 990-T. Prior to filing, all members of the Board of Trustees are provided access to the Form 990 via e-mail communication. Form 990, Part VI, Section B, Line 12c All University senior officers and members of the Board of Trustees are required annually to submit a statement disclosing any potential conflicts of interest to the Office of the University President. Any potential conflicts disclosed are reviewed by the Governance, Nominating and Audit Committee of the Board of Trustees. This Committee determines what further action should be taken to prevent or mitigate the conflict of interest. Form 990, Part VI, Section B, Line 15 Review of the total compensation of the officers, key employees and five highest-compensated other employees is conducted annually. The process involves collection of the market comparison data and individual performance evaluation ratings which are reviewed and considered by executive management in setting compensation for the coming year, followed by a review of the compensation and performance information by the President with the Board of Trustees Chair. The process is documented upon completion. Form 990, Part VI, Section C, Line 19 The University conflict of interest policies and financial statements are located on the University website and are also available upon request. Form 990, Part XI, Line 9 Creighton University made transfers of $3,531,056 to Creighton Dental QALICB, Inc in the likes of cash of $1,783,753 and land of $1,747,303. Creighton Univ-Boys Town Healthcare Fdn 511 N 20th Street Omaha NE 68178 470841669 Receive grants and disburse to its members NE 501(c)(3) 12 Type 2 N/A 0 Creighton Dental QALICB Inc 2500 California Plaza Omaha NE 68178 813824857 Construct, finance and lease the University dental school building on behalf of Creighton University NE 501(c)(2) N/A Creighton University 1 Creighton Soccer Stadium Inc 2500 California Plaza Omaha NE 68178 470151500 Rental of real estate NE Creighton University C 651836 1 1 Charitable remainder trusts (28) Creighton University 2500 California Plaza Omaha NE 68178 Trust NE Creighton University T 0 0 1 1 0 0 0 0 0 0 1 0 0 1 0 0 0 1 0 Creighton Dental QALICB Inc c 148000 Financial assistance provided to Creighton University from Creighton Dental QALICB, Inc was provided in accordance with loan provision. Creighton Dental QALICB Inc d 13332440 Loan amount leveraged for Creighton Dental QALICB Inc Creighton Dental QALICB Inc r 3531056 Cash transfer of $1,783,753 and land transfer of $1,747,303 (book value of transferor) to Creighton Dental QALICB Inc.