2017-05-11T16:03:38-04:00 2016-06-30 570846159 CLINE BRANDT KOCHENOWER & CO PA 145 ROGERS COMMERCE BLVD BOILING SPRINGS SC 29316 990 2015-07-01 520643528 WASHINGTON ADVENTIST UNIVERSITY WASH 3018914551 7600 FLOWER AVENUE TAKOMA PARK MD 20912 PATRICK FARLEY EXEC VP OF FINANCE 3018914551 2017-05-11 TIMOTHY S BLAKE CPA P00062473 8645410218 2017-05-11 2015 2021-01-29 14:40:06Z WEYMOUTH SPENCE 7600 FLOWER AVENUE TAKOMA PARK MD 20912 38340244 false X WWW.WAU.EDU X 1904 MD WASHINGTON ADVENTIST UNIVERSITY IS A LEARNING COMMUNITY COMMITTED TO THE SEVENTH-DAY ADVENTIST CHRISTIAN VISION OF EXCELLENCE AND SERVICE. THIS COSMOPOLITAN INSTITUTION CHALLENGES STUDENTS TO SEIZE THE OPPORTUNITIES FOR LEARNING IN THE NATION'S CAPITAL IN ORDER TO BECOME MORAL LEADERS IN COMMUNITIES THROUGHOUT THE WORLD. FOUNDED IN 1904, WASHINGTON ADVENTIST UNIVERSITY IS A RESIDENTIAL CHRISTIAN INSTITUTION OFFERING FORMAL INSTRUCTION TO STUDENTS OF ALL BACKGROUNDS, PROVIDING A REGULAR CURRICULUM OF UNDERGRADUATE DEGREES, GRADUATE DEGREES, AND PROFESSIONAL CERTIFICATES IN HEALTH SCIENCES AND LIBERAL ARTS IN A SETTING THAT IS ACADEMICALLY CHALLENGING AND CHRIST CENTERED. IN THE CLASSROOM WAU STUDENTS BENEFIT FROM A LOW STUDENT TO FACULTY RATIO AND HIGHLY QUALIFIED FACULTY COMMITTED TO EVERY STUDENT'S SUCCESS. WAU CONFERRED ASSOCIATES, BACHELORS, AND MASTERS DEGREES ON 270 STUDENTS, FROM AN ENROLLMENT OF 1,019 STUDENTS (UNDUPLICATED HEADCOUNT) DURING THE FISCAL YEAR ENDED JUNE 30, 2016. 30 28 772 34 0 15667641 14414071 21975621 21715396 269895 245885 -19817 53056 37893340 36428408 7554054 6250875 0 16744202 17104781 0 197817 12945149 12002267 37243405 35357923 649935 1070485 47268953 50788424 15282510 17966668 31986443 32821756 X WASHINGTON ADVENTIST UNIVERSITY IS A LEARNING COMMUNITY COMMITTED TO THE SEVENTH-DAY ADVENTIST CHRISTIAN VISION OF EXCELLENCE AND SERVICE. THIS COSMOPOLITAN INSTITUTION CHALLENGES STUDENTS TO SEIZE THE OPPORTUNITIES FOR LEARNING IN THE NATION'S CAPITAL IN ORDER TO BECOME MORAL LEADERS IN COMMUNITIES THROUGHOUT THE WORLD. FOUNDED IN 1904, WASHINGTON ADVENTIST UNIVERSITY IS A RESIDENTIAL CHRISTIAN INSTITUTION OFFERING FORMAL INSTRUCTION TO STUDENTS OF ALL BACKGROUNDS, PROVIDING A REGULAR CURRICULUM OF UNDERGRADUATE DEGREES, GRADUATE DEGREES, AND PROFESSIONAL CERTIFICATES IN HEALTH SCIENCES AND LIBERAL ARTS IN A SETTING THAT IS ACADEMICALLY CHALLENGING AND CHRIST CENTERED. IN THE CLASSROOM WAU STUDENTS BENEFIT FROM A LOW STUDENT TO FACULTY RATIO AND HIGHLY QUALIFIED FACULTY COMMITTED TO EVERY STUDENT'S SUCCESS. WAU CONFERRED ASSOCIATES, BACHELORS, AND MASTERS DEGREES ON 270 STUDENTS, FROM AN ENROLLMENT OF 1,019 STUDENTS (UNDUPLICATED HEADCOUNT) DURING THE FISCAL YEAR ENDED JUNE 30, 2016. false false 28549069 6250875 21715396 OUR PRIMARY FUNCTION IS TO PRESENT 4 YEAR LIBERAL ARTS FORMAL INSTRUCTION BY MAINTAINING A REGULAR FACULTY AND CURRICULUM TO A GROUP OF REGULARLY ENROLLED STUDENTS IN ACCREDITED PROGRAMS LEADING TO USEFUL CERTIFICATES, DEGREES AND/OR DIPLOMAS IN AREAS THAT FILL CRITICAL NEEDS IN SOCIETY SUCH AS NURSING, ACCOUNTING, EDUCATION AND SOCIAL WORK. OUR STUDENT BODY THIS YEAR CONSISTED OF 880 UNDERGRADUATE AND 139 GRADUATE UNDUPLICATED HEADCOUNT. 28549069 true true false false false false false false false true true false false false true false true false true false false false false false true false false false true true false false false false false false false true false false false false false true true true false false true 90 0 772 true false false false false false true true false false false false false false X 30 28 true false false false true true false true true false false true true true true true false true true false MD X X MR PATRICK FARLEY 3018914551 7600 FLOWER AVE TAKOMA PARK MD 20912 SETH BARDU BOARD MEMBER 0.50 X 0 0 0 HANNA BLAKE BOARD MEMBER 0.50 X 0 0 0 LARRY BOGGESS BOARD MEMBER 0.50 X 0 0 0 BRUCE BOYER BOARD MEMBER 0.50 X 0 0 0 HAM CANOSA BOARD MEMBER 0.50 X 0 0 0 VIJAYAN CHARLES BOARD MEMBER 0.50 X 0 0 0 JOSE CORTES BOARD MEMBER 0.50 X 0 0 0 WILLIAM COX BOARD MEMBER 0.50 X 0 0 0 DUANE DORCH BOARD MEMBER 0.50 X 0 0 0 PHYLLIS PELOTE EDMONDS ESQ BOARD MEMBER 0.50 X 0 0 0 TERRY FORDE BOARD MEMBER 0.50 X 0 0 0 JOAN FRANCIS BOARD MEMBER 0.50 X 89559 0 7369 DEBORAH HILL BOARD MEMBER 0.50 X 0 0 0 HENRY FORDHAM III BOARD MEMBER 0.50 X 0 0 0 RON HALVORSEN JR BOARD MEMBER 0.50 X 0 0 0 SANDRA LOUGHLIN BOARD MEMBER 0.50 X 0 0 0 MARGARET MCFARLAND BOARD MEMBER 0.50 X 0 0 0 DONALD E MELNICK MD BOARD MEMBER 0.50 X 0 0 0 BILL MILLER BOARD MEMBER 0.50 X 0 0 0 LOIS PETERS BOARD MEMBER 0.50 X 0 0 0 RICHARD RAJARATHINAM BOARD MEMBER 0.50 X 0 0 0 ALBERT REECE BOARD MEMBER 0.50 X 0 0 0 RICK REMMERS BOARD MEMBER 0.50 X 0 0 0 WEYMOUTH SPENCE UNIVERSITY P 40.00 X X 156575 0 51512 CAROL STEWART BOARD MEMBER 0.50 X 0 0 0 CHARLES TAPP BOARD MEMBER 0.50 X 0 0 0 ROB VANDEMAN BOARD MEMBER 0.50 X 0 0 0 ERIC WANGSNESS BOARD MEMBER 0.50 X 0 0 0 DAVE WEIGLEY BOARD CHAIR 0.50 X 0 0 0 AARON WILSON BOARD MEMBER 0.50 X 0 0 0 PATRICK FARLEY EXEC VP OF F 40.00 X 125135 0 7624 CHERYL KISUNZU SECRETARY & 40.00 X 128034 0 6644 GLADSTONE GURUBATHAM PROFESSOR 40.00 X 115902 0 9514 ISSA KAGABO PROFESSOR 40.00 X 106310 0 8808 KEVIN KRUEGER GM FOR WTGS 40.00 X 122418 0 7418 GRANT LEITMAN PROFESSOR 40.00 X 109995 0 5705 953928 104594 7 false true false ALADDIN FOOD MANAGEMENT SERVICE 16567 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 FOOD MANAGEMENT 1209192 HORD COPLAN MACHT INC 750 EAST PRATT STREET SUITE 1100 BALTIMORE MD 21202 ARCHITECTURAL 630163 ELLUCIAN INC 62814 COLLECTIONS CENTER DRIVE CHICAGO IL 606930628 SOFTWARE MANAGE 467771 KINETICS MARKETING 24 GREENRIDGE ROAD LUTHERVILLE MD 21093 PRINTING 227232 INSOUCIANCE ABROAD LLC 59 BOWDEN LANE FREEPORT ME 04032 TRAVEL AGENCY 196160 5 116125 4630502 3811348 5856096 14414071 TUITION AND FEES 18511912 18511912 AUXILIARY ENTERPRISES 2919286 2919286 BAD DEBT RECOVERY 111600 111600 STUDENT LOAN INTEREST 101661 101661 OTHER REVENUES 70937 70937 21715396 44784 44784 150744 51662 99082 99082 99082 948865 1058649 813321 993092 135544 65557 201101 201101 7735 116125 53761 -46026 -46026 36428408 18824613 3189724 6250875 6250875 409825 136609 273216 12297697 9469226 2705493 122978 1725619 1328727 379636 17256 1854739 1428149 408043 18547 816901 629014 179718 8169 263262 263262 166586 166586 94381 94381 32482 32482 1556545 1556545 344800 344800 1009214 726634 282580 472112 236056 236056 1543370 1203829 308674 30867 342852 305138 37714 24346 16555 7791 347788 347788 2022716 1355220 667496 309302 309302 WGTS-FM NON LABOR COSTS 1551558 1551558 OTHER 1003887 542099 461788 COGS AUXILIARY 370485 370485 STUDENT HOUSING NON LABOR 258453 258453 288128 182007 106121 35357923 28549069 6611037 197817 2591646 2899540 4389676 6164012 1533777 2191562 6959490 8738444 842892 542508 174735 149705 482771 335657 55163723 26564447 28360947 28599276 1915276 1106443 17743 61277 47268953 50788424 3733835 3365962 484284 571723 9122101 12044297 1942290 1984686 15282510 17966668 X 23883540 24361262 6260172 6452199 1842731 2008295 31986443 32821756 47268953 50788424 1070485 -235172 X false true X true true true X 2397335 2299400 2450153 3068868 3836603 14052359 2397335 2299400 2450153 3068868 3836603 14052359 14052359 112480 92342 79702 64485 74500 423509 555848 268520 291549 183195 158823 1457935 15933803 0.88190 0.85090 X SUPPLEMENTAL INFORMATION WE INCLUDE A SUBSIDIARY, WGTS/COLUMBIA UNION COLLEGE BROADCASTING, INC., EIN 52-1336813 SEE SCHEDULE R FOR ADDITIONAL INFORMATION IN OUR 990. WERE WGTS REQUIRED TO FILE A 990, THEY WOULD BE SUBJECT TO THE PUBLIC SUPPORT TEST AS AN ENTITY THAT WOULD CHECK BOX 7 OF 990 SCHEDULE A, PART I. WE HAVE INCLUDED AS AN ATTACHMENT TO OUR SCHEDULE A, THE PART II PUBLIC SUPPORT TEST INFORMATION FOR WGTS/COLUMBIA UNION COLLEGE BROADCASTING INC. AS DEMONSTRATED THEREIN, WGTS/COLUMBIA UNION COLLEGE BROADCASTING, INC. MORE THAN MEETS THE PUBLIC SUPPORT TEST. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2556460 165564 13197 559020 2176201 2743607 105149 -166718 125578 2556460 2947891 5762 567684 777730 2743607 2803757 190314 46180 2947891 2786135 10820 6802 2803757 0.92000 0.08000 false false 1008960 1008960 1432687 37027272 17674837 20785122 315863 252691 63172 9658233 7567157 2091076 5720708 1069762 4650946 28599276 REFUNDABLE ADVANCE 1494650 STUDENT DORMITORY DEPOSITS 297442 CLASS AGENCY FUNDS 192594 1984686 29996122 -235172 53761 -181411 30177533 6250875 6250875 36428408 29160809 53761 53761 29107048 6250875 6250875 35357923 SCHEDULE D, PAGE 4, PART XI, LINE 2D DIRECT FUNDRAISING EXPENSE SHOWN ON REVENUE SCHEDULE T/R 53,761 SCHEDULE D, PAGE 4, PART XI, LINE 4B SCHOLARSHIP DISCOUNTS SHOWN AS NET REVENUE ON FINANCIAL ST 6,250,875 SCHEDULE D, PAGE 4, PART XII, LINE 2D DIRECT FUNDRAISING EXPENSE SHOWN ON REVENUE SCHEDULE T/R 53,761 SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIP DISCOUNTS SHOWN ON TAX RETURN AS GRANTS TO IND 6,250,875 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 WASHINGTON ADVENTIST UNIVERSITY REAFFIRMS ITS COMPLIANCE WITH TITLE IX AND DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, HANDICAP OR SEX IN ADMISSION, EMPLOYMENT OR EDUCATIONAL PROGRAMS. IN CONJUNCTION WITH OUR MISSION, OURS IS A WORLDWIDE COMMUNITY OF LEARNERS. WE HAVE AN ETHNICALLY AS WELL AS GEOGRAPHICALLY DIVERSE STUDENT BODY. OUR FIVE YEAR AVERAGE MINORITY REPRESENTATION IS 79% WITH STUDENTS FROM 26 DIFFERENT COUNTRIES, 33 OF THE U.S. STATES AND TERRITORIES AND ALL OF THE RECOGNIZED ETHNIC GROUPS REPRESENTED. SCHEDULE E, LINE 6 THE UNIVERSITY PARTICIPATES IN THE DEPT OF EDUCATION TITLE IV PROGRAMS UNDER THE HIGHER EDUCATION ACT. VISIONARIES GAL 123860 116125 7735 4000 19617 5463 24681 123860 116125 7735 4000 19617 5463 24681 53761 -46026 true NEED AND MERIT BASED SCHO 6250875 UNFUNDED SCHOLA LARSHIP INCLUDING TUITION RSHIPS FOR ME- DISCOUNTS, PELL, SEOG RIT BASED PROG. MARYLAND, ENDOWED AND PARTICIPATION UNFUNDED. IE MUSIC, FMV ATHLETICS. SCHEDULE I, PAGE 1, PART I, LINE 2 WASHINGTON ADVENTIST UNIVERSITY USES THE SCHOLARSHIP AND STUDENT FINANCE COMMITTEE TO REVIEW AND AWARD ALUMNI DISCRETIONARY AND ALUMNI ENDOWMENT SCHOLARSHIPS BASED ON CRITERIA SET FORTH BY EACH ENDOWMENT FUND. FEDERAL AND STATE GRANT MONIES ARE AWARDED BASED ON FEDERAL AND STATE REGULATIONS AND ARE WRITTEN INTO THE BUSINESS RULES FOR DATATEL'S COLLEAGUE SYSTEM. THE STUDENT FINANCIAL SERVICE'S AID PROCESSOR IS ALSO THE COMPLIANCE OFFICER AND MONITORS COMPLIANCE WITH INSTITUTIONAL, STATE AND FEDERAL REGULATIONS FOR AWARDING AND DISBURSING OF AID MONEY. X true true X X X X false false false false false false false false false WEYMOUTH SPENCE UNIVERSITY PRESIDENT 105000 44200 7375 8797 42715 208087 RICHARD RAJARATHINAM BOARD MEMBER 298964 JANITORIAL SERVICES false FORM 990 - ORGANIZATION'S MISSION WASHINGTON ADVENTIST UNIVERSITY IS A LEARNING COMMUNITY COMMITTED TO THE SEVENTH-DAY ADVENTIST CHRISTIAN VISION OF EXCELLENCE AND SERVICE. THIS COSMOPOLITAN INSTITUTION CHALLENGES STUDENTS TO SEIZE THE OPPORTUNITIES FOR LEARNING IN THE NATION'S CAPITAL IN ORDER TO BECOME MORAL LEADERS IN COMMUNITIES THROUGHOUT THE WORLD. FOUNDED IN 1904, WASHINGTON ADVENTIST UNIVERSITY IS A RESIDENTIAL CHRISTIAN INSTITUTION OFFERING FORMAL INSTRUCTION TO STUDENTS OF ALL BACKGROUNDS, PROVIDING A REGULAR CURRICULUM OF UNDERGRADUATE DEGREES, GRADUATE DEGREES, AND PROFESSIONAL CERTIFICATES IN HEALTH SCIENCES AND LIBERAL ARTS IN A SETTING THAT IS ACADEMICALLY CHALLENGING AND CHRIST CENTERED. IN THE CLASSROOM WAU STUDENTS BENEFIT FROM A LOW STUDENT TO FACULTY RATIO AND HIGHLY QUALIFIED FACULTY COMMITTED TO EVERY STUDENT'S SUCCESS. WAU CONFERRED ASSOCIATES, BACHELORS, AND MASTERS DEGREES ON 270 STUDENTS, FROM AN ENROLLMENT OF 1,019 STUDENTS (UNDUPLICATED HEADCOUNT) DURING THE FISCAL YEAR ENDED JUNE 30, 2016. THE UNIVERSITY'S 19-ACRE CAMPUS OF HISTORICAL ARCHITECTURAL BEAUTY IS LOCATED IN TAKOMA PARK, MARYLAND, A SAFE AND DESIRABLE RESIDENTIAL NEIGHBORHOOD BORDERING WASHINGTON, DC. THIS PROXIMITY TO AN IMPORTANT WORLD CITY DISTINGUISHES IT FROM OTHER ADVENTIST AND CHRISTIAN UNIVERSITIES. OUTSIDE OF THE CLASSROOM, STUDENTS CAN ENHANCE LEARNING THROUGH PARTICIPATION IN A VARIETY OF ENRICHING ACTIVITIES, INCLUDING WORLD CLASS PERFORMING ARTS GROUPS, OPPORTUNITIES FOR WORSHIP AND SERVICE OUTREACH, ARTISTIC AND CULTURAL OPPORTUNITIES, STUDENT CLUBS, AND INTRAMURAL AND VARSITY SPORTS. STUDENT LIFE IS CHARACTERIZED BY WAU'S MULTICULTURAL AND SPIRITUAL LIVING AND LEARNING ENVIRONMENT, WHICH FOSTERS THE VALUES OF SERVICE BEYOND ONESELF AND WELLNESS IN BODY, MIND AND SPIRIT. FORM 990, PAGE 1, PART I, LINE 6 DONATED SERVICES THE UNIVERSITY RECEIVES A SIGNIFICANT AMOUNT OF DONATED SERVICES FROM UNPAID VOLUNTEERS WHO ASSIST IN FUND-RAISING AND SPECIAL PROJECTS. NO AMOUNTS HAVE BEEN RECOGNIZED IN THE STATEMENT OF ACTIVITIES BECAUSE THE CRITERIA FOR RECOGNITION UNDER ASC 958-605-25 HAVE NOT BEEN SATISFIED. FORM 990, PAGE 6, PART VI, LINE 2 BILL MILLER - POTOMAC CONFERENCE CHARLES TAPP - POTOMAC CONFERENCE PRESIDENT SR PASTOR EMPLOYER/EMPLOYEE RELATIONSHIP DR. WEYMOUTH SPENCE - WAU JOAN FRANCIS - WAU PRESIDENT PROFESSOR EMPLOYER/EMPLOYEE RELATIONSHIP TERRY FORDE-ADVENTIST HEALTHCARE ERIK WANGSNESS- WASHINGTON ADV HOSP PRESIDENT PRESIDENT EMPLOYER/EMPLOYEE RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 6 WASHINGTON ADVENTIST UNIVERSITY (WAU) IS A NON-STOCK MEMBERSHIP CORPORATION, THE MEMBERS, CALLED THE CONSTITUENCY, HAVE THE RIGHT TO ELECT THE WAU BOARD OF TRUSTEES. MEMBERS (CONSTITUENTS) HAVE NO RIGHTS TO ANY OF THE ORGANIZATION'S PROFITS OR NET ASSETS UPON DISSOLUTION, NOR DO THEY HAVE ANY RIGHTS TO RECEIVE DISTRIBUTIONS OF INCOME OR ASSETS FROM THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 7A THE ORGANIZATION IS A MEMBERSHIP CORPORATION. THE MEMBERSHIP, WHICH IS CALLED THE ORGANIZATION'S CONSTITUENCY, CONVENES AT REGULARLY SCHEDULED CONSTITUENCY MEETINGS TO ELECT THE ORGANIZATION'S BOARD OF TRUSTEES. REGULAR MEETINGS ARE EVERY FIVE YEARS, WITH THE LAST SUCH MEETING HELD MAY 20, 2016. THE CONSTITUENCY IS NOT DIVIDED INTO CLASSES OF MEMBERSHIP. VACANCIES ON THE BOARD OF TRUSTEES OCCURING BETWEEN REGULARY SCHEDULED CONSTITUENCY MEETINGS ARE FILLED BY THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES DIRECTS THE BUSINESS AND AFFAIRS OF THE ORGANIZATION BY ELECTING OFFICERS AND PERFORMING OTHER TASKS NORMALLY WITHIN THE POWER OF A UNIVERSITY BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT COPY, PREPARED BY AN INDEPENDENT CPA, IN CONJUNCTION WITH CONSULTATION WITH OUR UNIVERSITY ATTORNEY, WAS RECEIVED BY MR. PATRICK FARLEY, VP FOR FINANCE FOR INITIAL REVIEW AND COMMENTS. MANAGMENT TEAM INPUT WAS RECEIVED FOR NARRATIVES AND POLICIES AND A SECOND DRAFT WAS PREPARED. THIS DRAFT WAS REVIEWED BY THE FINANCE COMMITTEE MEMBERS , SOME OF WHOM SERVE ON THE COMPENSATION COMMITTEE, FOR FURTHER REVIEW AND COMMENTS. A THIRD DRAFT WAS PREPARED IN CONJUNCTION WITH RESEARCH AND ASSISTANCE FROM THE UNIVERSITY ATTORNEY. THIS DRAFT WAS PRESENTED TO THE BOARD OF TRUSTEES ON MAY 10, 2017 AT A REGULARLY SCHEDULED MEETING. EVERY VOTING MEMBER WAS GIVEN A HARD COPY AND THE UNIVERSITY ATTORNEY REVIEWED IT WITH THEM IN DETAIL. FORM 990, PAGE 6, PART VI, LINE 12C THE EXECUTIVE ASSISTANT TO THE PRESIDENT MAKES COPIES OF THE CONFLICT OF INTEREST FORM AND DISTRIBUTES THEM AT THE BOARD MEETING IN SEPTEMBER FOR THE CURRENT ACADEMIC YEAR. SHE KEEPS A TALLY OF WHO RETURNS THE SIGNED SHEETS.IF THE FORMS ARE NOT RETURNED, SHE EMAILS THE FORM TWICE. IF SHE DOESN'T RECEIVE SOMETHING IN RETURN, SHE MAILS THE FORM TO THE BOARD MEMBERS WHO STILL NEED TO SIGN THEM. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPENSATION COMMITTEE REVIEWED COMPENSATION OF PRESIDENTS OF PRIVATE NPO SCHOOLS IN MARYLAND USING INFORMATION MICUA PROVIDED. THE COMPENSATION COMMITTEE ALSO REVIEWED WHAT OTHER ADVENTIST INSTITUTIONS ARE PAYING THEIR PRESIDENTS. BASED ON OUR COMPARISONS, THE COMPENSATION COMMITTEE DECIDED THAT 105,000 WOULD BE APPROPRIATE BASE PAY IF WE WANTED TO REMAIN COMPETITIVE IN ATTRACTING TALENT TO OUR UNIVERSITY. THE COMPENSATION COMMITTEE ALSO ESTABLISHED A BONUS PACKAGE BASED ON SPECIFIC OUTCOMES ESTABLISHED ANNUALLY BY THE COMPENSATION/EXECUTIVE COMMITTEE OF THE BOARD. THIS MEANS THAT THE PRESIDENT COULD RECEIVE ADDITIONAL COMPENSATION OF UP TO 50% OF HIS BASE PAY. A REVIEW IS DONE ANNUALLY BY THE COMPENSATION COMMITTEE TO DETERMINE WHETHER OR NOT THE PRESIDENT MET THE SPECIFIC GOALS SET AND CAN BE AWARDED UP TO 40% OF BASE. THE COMPENSATION COMMITTEE RESERVES THE RIGHT TO GIVE UP TO ANOTHER 10% OF BASE IN AN OVERALL EVALUATION OF THE PERFORMANCE OF THE PRESIDENT. FORM 990, PAGE 6, PART VI, LINE 15B THE COMPENSATION COMMITTEE REVIEWED COMPENSATION OF PROVOSTS AND VICE PRESIDENTS OF PRIVATE NPO SCHOOLS IN MARYLAND USING INFORMATION MICUA PROVIDED. THE COMPENSATION COMMITTEE ALSO REVIEWED WHAT OTHER ADVENTIST INSTITUTIONS ARE PAYING THEIR OTHER OFFICERS. BASED ON OUR COMPARISONS, THE COMPENSATION COMMITTEE DECIDED THAT 92,500 WOULD BE APPROPRIATE BASE PAY FOR THE PROVOST AND 90,000 FOR THE EXECUTIVE VICE PRESIDENT, FINANCE IF WE WANTED TO REMAIN COMPETITIVE IN ATTRACTING TALENT TO OUR UNIVERSITY. THE COMPENSATION COMMITTEE ALSO ESTABLISHED A BONUS PACKAGE BASED ON SPECIFIC OUTCOMES THE PRESIDENT WOULD RECOMMEND AS THESE OFFICERS WOULD REPORT TO HIM/HER. THESE OUTCOMES ARE CURRENTLY BEING DEVELOPED AND ARE SUBJECT TO THE OVERALL EVALUATION OF THE PRESIDENT. FORM 990, PAGE 6, PART VI, LINE 19 WE INCLUDE OUR FINANCIAL STATEMENTS ON OUR WEBSITE. COPIES OF THE 990 PUBLIC INSPECTION COPY ARE AVAILABLE UPON REQUEST AND ARE INCLUDED ON GUIDESTAR'S WEBSITE AS WELL. ALL OTHER PUBLIC INSPECTION COPIES OF GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 DIRECT FUNDRAISING EXPENSE SHOWN ON REVENUE SCHEDULE T/R 53,761 SCHOLARSHIP DISCOUNTS SHOWN AS NET REVENUE ON FINANCIAL ST -6,250,875 DIRECT FUNDRAISING EXPENSE SHOWN ON REVENUE SCHEDULE T/R -53,761 SCHOLARSHIP DISCOUNTS SHOWN ON TAX RETURN AS GRANTS TO IND 6,250,875 WGTS - CUC BROADCASTING INC WGTS - COLUMBIA UNION COLLEGE BROAD 7600 FLOWER AVE 7600 FLOWER AVE TAKOMA PARK MD 20912 521336813 RADIO STAT MD 501C3 7 WAU true true false false false true false false false false false false false false false false false true false false WGTSCUC BROADCASTING INC A 95886 ACTUAL COST WGTSCUC BROADCASTING INC Q 1554714 ACTUAL COST WGTSCUC BROADCASTING INC E 400000 ACTUAL LOAN