2017-07-14T09:43:35-05:00 2016-08-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2015-09-01 410684657 NORTHWESTERN HEALTH SCIENCES UNIVERSITY NORT 9528884777 2501 WEST 84TH STREET BLOOMINGTON MN 554311599 KATHLEEN PANCIERA CHIEF FINANCIAL OFFICER 9528884777 2017-07-12 1 LARRY ADAMS P01314654 6123764500 2015 2021-01-29 14:40:06Z DR CHRISTOPHER CASSIRER 2501 WEST 84TH STREET BLOOMINGTON MN 554311599 36185844 0 X WWW.NWHEALTH.EDU X 1942 MN PREPARE PROFESSIONALS AND LEADERS TO BECOME CONTRIBUTORS TO THE ADVANCEMENT OF HEALTH CARE. 14 13 585 13 0 0 1388846 593439 26963718 23488866 1100139 1072805 375427 748688 29828130 25903798 1426460 1348569 0 0 21278153 16007492 9760 0 260455 8042591 8602582 30756964 25958643 -928834 -54845 41231066 37470790 21157237 16887370 20073829 20583420 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. 1 0 16665558 1348569 22250024 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 2015 ENROLLMENT PER PROGRAM (NUMBER OF STUDENTS):CHIROPRACTIC - 608; ACUPUNCTURE AND CHINESE MEDICINE - 99; MASSAGE THERAPY - 64; NUTRITION - 1 UNDERGRADUATE - 121. 2196483 0 1183942 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 - 495 NUMBER OF PATIENT VISITS - 28,864 476293 0 662867 AUXILIARY - THE BOOKSTORE'S PRIMARY PURPOSE IS TO PROVIDE EDUCATIONAL MATERIALS FOR STUDENTS, BUT IS OPEN TO THE GENERAL PUBLIC AS WELL. 137295 0 54900 WORKSITE WELLNESS - CONSISTENT WITH ITS MISSION TO PROMOTE HEALTH AND WELLNESS IN THE COMMUNITY AND TO SUPPORT THE PROFESSIONS FOR WHICH IT TRAINS STUDENTS, THE UNIVERSITY BEGAN A PROGRAM OF WORKSITE WELLNESS SERVICES IN SEPTEMBER 2015. UNDER THAT PROGRAM, THE UNIVERSITY CONTRACTED WITH AN UNRELATED CORPORATION TO PROVIDE WORKSITE CHIROPRACTIC AND WELLNESS SERVICES TO THE CORPORATION'S EMPLOYEES AT THREE OF ITS MANUFACTURING FACILITIES. 137295 0 54900 19475629 1 1 0 1 0 0 0 0 0 1 1 0 1 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 69 0 585 1 0 0 0 0 0 1 1 0 0 0 0 X 14 13 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 MN X X KATHLEEN PANCIERA 9528855465 2501 WEST 84TH STREET BLOOMINGTON MN 554311599 KEITH M JOHNSON CHAIR 2.00 X X 0 0 0 CHRISTOPHER D JO VICE-CHAIR 2.00 X X 0 0 0 BRENT WILDE TREASURER THROUGH 2/16 2.00 X X 0 0 0 N WALTER GRAFF SECRETARY 2.00 X X 0 0 0 VIVI-ANN R FISCHER TRUSTEE 2.00 X 0 0 0 TODD GINKEL TRUSTEE 2.00 X 0 0 0 RICHARD N LONG TRUSTEE 2.00 X 0 0 0 MOLLY J MAGNANI TRUSTEE 2.00 X 0 0 0 BONNIE MYHERS TRUSTEE 2.00 X 0 0 0 DAVID E PETERSON TRUSTEE 2.00 X 0 0 0 DAVID TAYLOR TRUSTEE 2.00 X 0 0 0 TAMARA TAYLOR TRUSTEE 2.00 X 0 0 0 DAVID VALENTINI TRUSTEE 2.00 X 0 0 0 DR CHRISTOPHER CASSIRER PRESIDENT 40.00 X X 413610 0 16150 KATHY PANCIERA CFO/TREASURER AS OF 3/16 40.00 X 0 0 0 LESLIE BRONK CHIEF OPERATING OFFICER 40.00 X 175498 0 8840 CHUCK SAWYER SENIOR VP 40.00 X 172205 0 14924 BRADLEY FINER PROFESSOR 40.00 X 158077 0 19309 DAVID SMITH ASSOC. PROFESSOR 40.00 X 148143 0 14654 ROSS B DUGAS FORMER VP FOR ADMIN & CFO 40.00 X 166516 0 14839 MICHAEL WILES FORMER VP FOR ACADEMIC AFFAIRS 40.00 X 185363 0 0 WILLIAM HEJNY FORMER ASST. PROFESSOR 40.00 X 167123 0 14044 1586535 0 102760 21 1 1 0 CLIFTONLARSONALLEN LLP 220 S 6TH ST STE 300 MINNEAPOLIS MN 55402 AUDIT AND ACCOUNTING SUPPORT 223133 CHRISTINE J QUINN INC 435 MAXWELL ST LAKE GENEVA WI 53147 BUSINESS PLANNING AND CONSULTING 195541 EVERGREEN FOODS 2501 W 84TH ST BLOOMINGTON MN 55431 CATERING 179337 SALO LLC 20 S 13TH ST MINNEAPOLIS MN 55403 TEMPORARY HELP & EXEC SEARCH 165083 LARKIN HOFFMAN 8300 NORMAN CENTER DR STE 1000 MINNEAPOLIS MN 554371060 LEGAL 147764 8 103310 158769 331360 593439 TUITION AND FEES 611600 22250024 22250024 CLINICAL LAB FEES 621300 1183942 1183942 WELLNESS SERVICES 621300 54900 54900 23488866 881524 881524 9072466 25701 8906886 0 165580 25701 191281 191281 12850 103310 87768 -74918 -74918 3740 1478 2262 2262 1948781 1285914 662867 662867 MISCELLANEOUS REVENUE 900099 158477 158477 158477 25903798 24151733 0 1158626 1348569 1348569 580684 121499 459185 12357514 9847995 2392141 117378 316171 254619 60403 1149 1668090 1361228 297883 8979 1085033 849217 225584 10232 243859 5704 238155 278572 278572 42000 42000 129504 129504 899262 421613 477649 814618 201833 590659 22126 802585 660065 125523 16997 935167 778406 145303 11458 25565 25565 1166061 965498 186570 13993 304277 223609 54828 25840 599301 549899 38585 10817 182755 182755 1204990 997732 192798 14460 342691 123537 219154 CLINIC PATIENT EXPENSES 85877 85877 DUES AND MEMBERSHIPS 77540 26353 51187 ALLOCATION OF INDIRECTS 0 451357 -457898 6541 467958 133454 334019 485 25958643 19475629 6222559 260455 1536286 1112968 593787 1405173 483700 30000 512905 530596 554985 581250 435558 869115 31201502 15101040 16691173 16100462 12862769 9952214 469727 439546 7090176 6449466 41231066 37470790 2166488 1997068 309100 189053 9221104 7029271 9460545 7671978 21157237 16887370 X 16717865 17184507 2010033 1514978 1345931 1883935 20073829 20583420 41231066 37470790 X -54845 503911 60525 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 1 42000 42000 0 PART II-B, LINE 1: THE UNIVERSITY'S LEGISLATIVE ADVOCACY, THROUGH THE CENTER FOR HEALTHCARE INNOVATION AND POLICY, IS FOCUSED PRIMARILY ON ISSUES RELATED TO SCOPE-OF-PRACTICE, PROFESSIONAL LICENSURE, HEALTH CARE REFORM, INSURANCE REIMBURSEMENT AND PATIENT ACCESS TO HEALTH CARE SERVICES. WE ALSO WORK CLOSELY WITH OTHER HEALTH CARE ORGANIZATIONS WHO HAVE SIMILAR INTERESTS. 0 0 1484248 5100746 441062 60928 12505 6952623 1458162 67086 41000 1484248 1422086 86256 39000 11180 1458162 1356045 945 74696 3600 6000 1422086 1358412 588 17045 20000 1356045 0.70500 0.27100 0.02400 0 0 890861 890861 22671652 9456928 13214724 325234 92827 232407 6894515 5551285 1343230 419240 419240 16100462 STUDENT LOANS 6449466 F 6449466 FEDERAL CAPITAL CONTRIBUTION - PERKINS 7376359 ANNUITY PAYABLE 80590 CAPITAL LEASE OBLIGATIONS 14832 ASSET RETIREMENT OBLIGATION 163411 EARLY RETIREMENT INCENTIVE PROGRAM LIABILITY 36786 7671978 X 26375320 637326 -1338569 -701243 27076563 129504 -1302269 -1172765 25903798 25865729 1375159 1375159 24490570 129504 1338569 1468073 25958643 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 ORGANIZATION'S FINANCIAL STATEMENTS. THE POLICY PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PRINCIPLES FOR THE 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 FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS -1,338,569. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -87,767. INVESTMENT INCOME 72,890. COST OF GOODS SOLD -1,285,914. GAMING EXPENSES -1,478. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 87,767. GAMING EXPENSES 1,478. COST OF GOODS SOLD 1,285,914. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS 1,338,569. 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 NONDISCRIMINATORY POLICY IS PUBLISHED ON THE WEBSITE AND IN THE STUDENT HANDBOOK. THE EMPLOYEE POLICY CAN BE FOUND ONLINE IN THE HR CONNECTION. 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. 75TH ANNIVERSARY GALA 116160 103310 12850 13557 40113 3500 30598 116160 103310 12850 13557 40113 3500 30598 87768 -74918 1 SCHOLARSHIPS AND TUITION DISCOUNTS 347 1338569 0 N/A N/A POST-GRADUATE FELLOWSHIP 1 10000 0 N/A N/A PART I, LINE 2: THE ADMISSIONS DEPARTMENT 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 COMMITTEE 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 IN 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 X X 1 1 0 1 0 0 0 1 0 DR CHRISTOPHER CASSIRER PRESIDENT 318810 0 76800 0 18000 0 10400 0 5750 0 429760 0 0 0 LESLIE BRONK CHIEF OPERATING OFFICER 160560 0 0 0 14938 0 5125 0 3715 0 184338 0 0 0 CHUCK SAWYER SENIOR VP 103112 0 0 0 69093 0 3469 0 11455 0 187129 0 0 0 BRADLEY FINER PROFESSOR 158077 0 0 0 0 0 2659 0 16650 0 177386 0 0 0 DAVID SMITH ASSOC. PROFESSOR 108079 0 0 0 40064 0 1767 0 12887 0 162797 0 0 0 ROSS B DUGAS FORMER VP FOR ADMIN & CFO 84037 0 0 0 82479 0 3384 0 11455 0 181355 0 0 0 MICHAEL WILES FORMER VP FOR ACADEMIC AFFAIRS 0 0 0 0 185363 0 0 0 0 0 185363 0 0 0 WILLIAM HEJNY FORMER ASST. PROFESSOR 121086 0 0 0 46037 0 1557 0 12487 0 181167 0 0 0 PART I, LINES 4A-B ROSS DUGAS - SEVERANCE PAYMENT - $54,550 WILLIAM HEJNY - SEVERANCE PAYMENT - $19,665 CHARLES SAWYER - SEVERANCE PAYMENT - $40,091 DAVID SMITH - SEVERANCE PAYMENT - $37,197 MICHAEL WILES - SEVERANCE PAYMENT - $78,189 MICHAEL WILES - 457(F) PLAN DISTRIBUTION - $107,174 PART I, LINE 5 MR. FINER WORKS IN THE UNIVERSITY CLINIC AND RECEIVES A BASE SALARY PLUS A PERCENTAGE OF COLLECTIONS DERIVED FROM PATIENT CARE WHICH HE PROVIDES OR WHICH IS PROVIDED BY NON-SALARIED INTERNS UNDER HIS SUPERVISION. PART I, LINE 7 THE PRESIDENT RECEIVED A BONUS THAT WAS NOT A FIXED AMOUNT, BUT WAS NOT CONTINGENT ON REVENUES OR NET EARNINGS. FORM 990, PART III, LINE 2 LAUNCHED AN ON-SITE, WORKPLACE WELLNESS SERVICE AND THE MASTERS IN APPLIED CLINICAL NUTRITION PROGRAM IN FALL 2015. FORM 990, PART VI, SECTION A, LINE 1 THE CHAIR OF THE BOARD SHALL BE THE CHAIR OF THE EXECUTIVE COMMITTEE. THE VICE CHAIR OF THE BOARD, THE SECRETARY, THE TREASURER, 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 A, LINE 4 THE BYLAWS WERE AMENDED TO CHANGE THE ROLE OF THE TREASURER FROM A VOTING MEMBER OF THE BOARD TO A NON-VOTING OFFICER ROLE THAT IS HELD BY THE CHIEF FINANCIAL OFFICER. FORM 990, PART VI, SECTION B, LINE 11 UPON COMPLETION, THE FORM 990 WAS DISTRIBUTED TO THE BOARD FINANCE COMMITTEE FOR REVIEW. THE COMPLETED FORM 990 WAS PROVIDED TO ALL BOARD OF TRUSTEE MEMBERS FOR THEIR REVIEW AND ACCEPTANCE PRIOR TO FILING. 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 2016. 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 2016. 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 XI, LINE 9: CHANGE IN SWAP VALUE 133,415. DIFFERENCE IN CDI LLC REVENUE -72,890. CHARITABLE REMAINDER UNITRUST (1) INVESTMENTS MN NORTHWESTERN HEALTH SCIENCES UNIVERSITY T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0