2016-05-13T13:22:50-05:00 2015-06-30 910189318 MOSS ADAMS LLP 4747 EXECUTIVE DRIVE SUITE 1300 SAN DIEGO CA 92121 990 2014-07-01 941610694 JOHN F KENNEDY UNIVERSITY JOHN 9259693300 100 ELLINWOOD WAY PLEASANT HILL CA 94523 RANDY FRISCH CFO 9259693300 2016-05-05 1 PATRICIA J MAYER P00188643 8586271400 2014 2016-08-17 19:52:53Z RANDY FRISCH 100 ELLINWOOD WAY PLEASANT HILL CA 94523 26150479 0 X WWW.JFKU.EDU X 1964 CA OUR MISSION IS TO PROVIDE ACCESS TO HIGH-QUALITY, INNOVATIVE EDUCATIONAL OPPORTUNITIES THAT INTEGRATE THEORY AND LIFE EXPERIENCE. WE INSPIRE PERSONAL, PROFESSIONAL AND ACADEMIC GROWTH, AND ADVANCE THE WELL-BEING OF OUR DIVERSE LOCAL AND GLOBAL COMMUNITIES. THIS MISSION IS BUILT UPON OUR CORE VALUES. 19 18 745 0 0 0 1139268 1449472 24829625 23442267 261162 431632 121312 699696 26351367 26023067 399040 685859 0 0 16183174 15583309 0 0 412775 7480697 9227032 24062911 25496200 2288456 526867 32758176 33217428 17011957 17312346 15746219 15905082 X OUR MISSION IS TO PROVIDE ACCESS TO HIGH-QUALITY, INNOVATIVE EDUCATIONAL OPPORTUNITIES THAT INTEGRATE THEORY AND LIFE EXPERIENCE. WE INSPIRE PERSONAL, PROFESSIONAL AND ACADEMIC GROWTH, AND ADVANCE THE WELL-BEING OF OUR DIVERSE LOCAL AND GLOBAL COMMUNITIES. THIS MISSION IS BUILT UPON OUR CORE VALUES. 0 0 10246525 685859 23442267 WE ARE DEDICATED TO STUDENTS WHO WANT TO CONTINUE THEIR FORMALEDUCATION, CHART NEW PROFESSIONAL DIRECTIONS AND/OR DERIVE GREATERMEANING FROM THEIR LIVES. WE PROVIDE A LEARNING ENVIRONMENT FOR THOSESEEKING A TRANSFORMATIVE AND LIFE-ENHANCING EDUCATIONAL EXPERIENCE.OUR COURSES OF STUDY ARE DELIVERED BY OUTSTANDING SCHOLAR-PRACTITIONERSIN A CREATIVE AND CHALLENGING ENVIRONMENT. WE PROMOTE HOLISTIC,INTERDISCIPLINARY, EXPERIMENTIAL LEARNING THAT BALANCES BREADTH ANDDEPTH. WE ARE RESPONSIVE TO CHANGING NEEDS OF OUR STUDENTS AND SOCIETYAND INCORPORATE SERVICE TO THE COMMUNITY INTO THE ACADEMIC EXPERIENCE.WE OFFER COURSES OF STUDY IN COUNSELING, MUSEUM STUDIES, LIBERALSTUDIES, MANAGEMENT, AND LAW. WE PROVIDED EDUCATIONAL PROGRAMS ANDSERVICES TO OVER 1,430 STUDENTS THIS YEAR.OUR EDUCATIONAL EXPERIENCE INCORPORATES INTERNSHIPS WHICH OFFERAPPLICATION OF LEARNED TECHNIQUES AND ALLOW OUR STUDENTS TO LEARN ASTHEY WORK. THE STUDENT INTERNS, UNDER SUPERVISION, PROVIDE MENTALHEALTH CARE SERVICES AT LOW COST AT OUR THREE COMMUNITY COUNSELINGCENTERS AND LEGAL SERVICE PROGRAMS TO SENIORS AT NO COST THROUGH OURLEGAL CLINIC FOR ELDERS. FROM FOUR OF OUR LOCATIONS IN THE GREATER BAYAREA, WE PROVIDED MORE THAN 55,000 HOURS OF COUNSELING AND LEGALSERVICES AND 2,000 HOURS OF SERVICE TO CLIENTS IN THE SURROUNDINGCOMMUNITIES. 10246525 1 1 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 1819 0 1 745 1 0 0 0 0 0 1 1 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SUSAN DAVI 9259693314 100 ELLINWOOD WAY PLEASANT HILL CA 94523 CARLOS RODRIGUEZ TRUSTEE 3.00 X 0 0 0 DR DONALD KRIPKE TRUSTEE 3.00 X 0 0 0 DR E LEE RICE TRUSTEE 3.00 X 0 0 0 DR MICHAEL CUNNINGHAM PRESIDENT, NU/CHANCELLOR, 0.30 X X 60545 0 0 GERALD CZARNECKI TRUSTEE 3.00 X 0 0 0 HERBERT MEISTRICH CHAIR, TRUSTEE 10.00 X 0 0 0 HIEP QUACH TRUSTEE 3.00 X 0 0 0 JACQUELINE TOWNSEND KONSTANTURO TRUSTEE 3.00 X 0 0 0 JAY STONE TRUSTEE 3.00 X 0 0 0 JEAN LEONARD TRUSTEE 3.00 X 0 0 0 JEANNE CONNELLY TRUSTEE 3.00 X 0 0 0 MICHAEL R MCGILL TRUSTEE 3.00 X 0 0 0 REBECCA HENDERSON TRUSTEE 3.00 X 0 0 0 RICHARD CHISHOLM SECRETARY/TRUSTEE 5.00 X 0 0 0 ROBERT FREELEN TRUSTEE 3.00 X 0 0 0 RUTHANN HEINRICH VICE CHAIR, TRUSTEE 5.00 X 0 0 0 STACY ALLISON TRUSTEE 3.00 X 0 0 0 THOMAS TOPUZES TRUSTEE 3.00 X 0 0 0 WH KNIGHT JR TRUSTEE 3.00 X 0 0 0 ANNE MARIE TAYLOR VP OF ADVANCEMENT 45.00 X 127006 0 35955 DEAN BARBIERI DEAN, COLLEGE OF LAW; INTE 45.00 X 221152 0 42465 DR CHARLES POWELL PRESIDENT 45.00 X 279445 0 25042 JAMES AARON CHRISTOPHER VP OF BUSINESS AND ADMINIS 45.00 X 179518 0 42009 NANCY ROHLAND VICE CHANCELLOR, NUVHS/NUA 40.00 X 0 0 0 RANDY FRISCH CFO 40.00 X 60737 0 5415 VIRGINIA BENEKE VICE CHANCELLOR, MARKETING 40.00 X 0 0 0 CHRIS KANIOS PROFESSOR 45.00 X 111612 0 35440 ERICA ANDERSON PROFESSOR AND INTERIM 45.00 X 117732 0 19020 GERARDO RODRIGUEZ-MENENDEZ DEAN 45.00 X 112860 0 12989 MICHAEL GRANEY-MULLHOLLAND DEAN, COLLEGE OF UNDERGRAD 45.00 X 121352 0 14084 SUSAN DAVI ASST VP 45.00 X 117185 0 9523 DR JERRY LEE II CHANCELLOR EMERITUS, TRUST 7.00 X 414768 0 0 1923912 0 241942 10 1 1 0 JENZABAR INC PO BOX 55018 BOSTON MA 022055018 SOFTWARE SUPPORT 832105 HAWTHORNSTONE PROP MGMT 1704 UNION ST SAN FRANCISCO CA 941234407 RENTALS 205915 CAMELOT 2702 CLAYTON ROAD SUITE 200 CONCORD CA 94519 RENTALS 178928 AMELL CONSTRUCTION INC 929 WIGET LANE WALNUT CREEK CA 94598 CONSTRUCTION 168590 4 362272 234394 427592 425214 13280 1449472 TUITION & FEES 900099 22378012 22378012 EDUCATIONAL ACTIVITIES 900099 1064255 1064255 23442267 232395 232395 86983 0 86983 86983 86983 199237 0 199237 199237 199237 92144 362272 127412 -35268 -35268 OTHER REVENUE 900099 647981 647981 647981 26023067 23442267 0 1131328 685859 685859 1551799 1551799 11201555 8342645 2601556 257354 449227 449227 1447610 10895 1436715 933118 9 933109 14120 14120 57359 57359 5998 5998 1878498 182983 1657062 38453 1310430 14894 1289875 5661 798442 51013 738367 9062 153502 97587 55915 1698890 240 1698650 49002 15979 28408 4615 181863 111694 67902 2267 299687 299687 1183197 1183197 1790 1790 OTHER EXPENSES 957440 385252 552235 19953 DUES AND MEMBERSHIPS 251531 113201 131637 6693 HOSPITALITY 238957 86846 83394 68717 BOOK AND PUBLICATIONS 146326 145638 688 0 25496200 10246525 14836900 412775 1526 1525 5012307 4938601 165228 201185 1010253 680053 359507 361389 568068 618249 24231587 7379297 17312515 16852290 8328772 9564136 32758176 33217428 1102237 882464 366441 357785 704171 272237 14839108 15799860 17011957 17312346 X 11718812 11918656 2197948 1939486 1829459 2046940 15746219 15905082 32758176 33217428 526867 -368004 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 25000.00 0 0 0 1 0 20.00 2500 X X 0 4539558 330468 25638 4895664 3878107 24770 640555 3874 4539558 3411179 466928 3878107 3183217 326010 -98048 3411179 2659399 720 523098 3183217 0.32670 0.41810 0.25520 0 1 1 4803858 4803858 16231249 6090077 10141172 635413 160636 474777 934086 348695 585391 1626981 779889 847092 16852290 DEFERRED RENT 171596 DUE TO AFFILIATES 1433594 STUDENT ASSOCIATION FUNDS 303576 NOTE PAYABLE TO AFFILIATE 13891094 15799860 X 25102618 -368004 12000 127412 -228592 25331210 691857 691857 26023067 24943755 12000 127412 139412 24804343 691857 691857 25496200 PART II, LINE 9: ALL COSTS RELATED TO MAINTENANCE OF EASEMENT ARE REFLECTED IN THE FINANCIAL STATEMENTS ARE OPERATING COSTS. THE UNIVERSITY PROVIDES REGULAR LANDSCAPE MAINTENANCE FOR PUBLIC ACCESS PORTION OF THE PROPERTY. PART III, LINE 4: VARIOUS PAINTINGS AND SCULPTURES ON PUBLIC DISPLAY. PART V, LINE 4: ENDOWMENT INCLUDES BOTH DONOR RESTRICTED AND BOARD DESIGNATED FUNDS. DONOR RESTRICTED FUNDS ARE USED AS PER DONOR INSTRUCTIONS WITH USES PREDOMINATELY FOR SCHOLARSHIPS AND GENERAL AWARDS. PART X, LINE 2: JFKU IS A NON-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND RELATED STATE PROVISIONS AND AS SUCH IS NOT SUBJECT TO FEDERAL AND STATE INCOME TAXES. THERE IS NO UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED JUNE 30, 2015 AND 2014. AS SUCH, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. INCOME TAX BENEFITS AND/OR LIABILITIES ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. JFKU HAS ANALYZED THE TAX POSITIONS TAKEN IN ITS FILINGS WITH THE INTERNAL REVENUE SERVICE AND THE CALIFORNIA FRANCHISE TAX BOARD. JFKU BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON JFKU'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, JFKU HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2015 AND 2014. JFKU'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2012 AND 2011, RESPECTIVELY, ARE CLOSED. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 127,412. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 685,859. INVESTMENT MANAGEMENT FEES 5,998. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 127,412. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 685,859. INVESTMENT MANAGEMENT FEES 5,998. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ADVERTISING PLACED IN MEDIA AND ON NU EXTERNAL FACING WEBSITE GENERALLY CONTAIN THE FOLLOWING STATEMNET: ADMISSION IS OPEN TO QUALIFIED APPLICANTS WITHOUT REGARD TO RACE, RELIGION, SEX, AGE, PHYSICAL DISABILITY, OR ETHNIC ORIGIN. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FEDERAL FINANCIAL AID ASSISTANCE FOR STUDENTS IN THE FORM OF PERKINS LOAN FUNDS AND PELL AND SEOG GRANTS. THE UNIVERSITY IS REQUIRED TO PROVIDE 25% OF THE FUNDS AVAILABLE TO STUDENTS FOR THE SEOG PROGRAM. SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 1 PROGRAM SERVICES TEACHING 185537 NORTH AMERICA - CANADA AND MEXICO, BUT BUT NOT THE UNITED STATES 0 0 SENDING AGENTS OF THE ORGANIZATION TO ATTEND AND SPEAK AT SEMINARS AND CONFER PRESENTOR AT CONFERENCE 2456 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 SENDING AGENTS OF THE ORGANIZATION TO ATTEND AND SPEAK AT SEMINARS AND CONFER CONFERENCE ATTENDANCE 2956 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 SENDING AGENTS OF THE ORGANIZATION TO ATTEND AND SPEAK AT SEMINARS AND CONFER CONFERENCE ATTENDANCE 6855 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES SISTER CITY / ELDER CARE WORKSHOP 1801 0 1 0 0 0 1 199605 0 199605 0 0 0 0 0 0 PART I, LINE 3: ACCRUAL METHOD KL DINNER 397098 321619 75479 2394 36872 17926 IEL AWARDS 25513 20748 4765 6806 2371 3 31805 19905 11900 17354 43689 454416 362272 92144 2394 61032 63986 127412 -35268 1 SCHOLARSHIPS TO JFK STUDENTS, TUITION REDUCTION 563 685859 FMV TUITION IS REDUCED BY THE AMOUNT OF INDIVIDUAL SCHOLARSHIPS AWARDED TO STUDENTS. PART I, LINE 2: JOHN F KENNEDY UNIVERSITY IDENTIFIES ELIGIBLE GRANTEES AS PER REGULATIONS FOR EDUCATIONAL PURPOSES AND COMMUNITY SERVICES. GRANT FUNDS AND GRANTEES ARE MONITORED AS APPROPRIATE PER REGULATIONS THROUGH PERIODIC AND ANNUAL REPORTS. X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 ANNE MARIE TAYLOR VP OF ADVANCEMENT 127006 0 0 0 0 0 9240 0 26715 0 162961 0 0 0 DEAN BARBIERI DEAN, COLLEGE OF LAW; INTE 221152 0 0 0 0 0 15750 0 26715 0 263617 0 0 0 DR CHARLES POWELL PRESIDENT 279445 0 0 0 0 0 16205 0 8837 0 304487 0 0 0 JAMES AARON CHRISTOPHER VP OF BUSINESS AND ADMINIS 179518 0 0 0 0 0 13094 0 28915 0 221527 0 0 0 DR JERRY LEE II CHANCELLOR EMERITUS, TRUST 38250 0 0 0 376518 0 0 0 0 0 414768 0 0 0 PART I, LINE 1A FIRST CLASS TRAVEL IS MADE AVAILABLE TO BOARD MEMBERS IF THE FLIGHT IS OVER 3 HOURS. THIS IS NOT INCLUDED AS TAXABLE INCOME TO SUCH BOARD MEMBERS IF UTILIZED. PART I, LINE 4B DR. JERRY LEE PARTICIPATED IN A 457(F) SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN DURING FISCAL YEAR ENDING JUNE 30, 2015. NO PLAN DISTRIBUTIONS WERE MADE DURING THE YEAR ENDING 6/30/15 IN THE AMOUNT OF $414,768. PART I, LINE 7 BONUSES FOR OFFICERS AND KEY EMPLOEES ARE AWARDED WITHIN A SPECIFIED RANGE IN THE DISCRETION OF THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES AND BASED UPON ACHIEVING GOALS. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT FORM 990 WAS DISTRIBUTED TO SENIOR MANAGEMENT AND THE AUDIT COMMITTEE. THE FINAL VERSION OF FORM 990 WAS DISTRIBUTED FOR REVIEW BY EMAIL TO THE TRUSTEES BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES HAS PERIODICALLY REVIEWED AND APPROVED (BY A MAJORITY OF DISINTERESTED TRUSTEES) THE BUSINESS TRANSACTIONS WITH TRUSTEES OR THEIR AFFILIATED PROFESSIONAL SERVICE FIRMS. SUCH REVIEWS INCLUDE CONSIDERATION OF DATA ON COMPARABLE SERVICE PROVIDERS COLLECTED BY UNIVERSITY COUNSEL. THE INTERESTED TRUSTEES WERE EXCUSED FROM BOARD SESSIONS DURING WHICH THOSE BUSINESS TRANSACTIONS WERE DISCUSSED AND DID NOT PARTICIPATE IN VOTING ON SUCH TRANSACTIONS. THE MOST RECENT SUCH REVIEW OCCURRED DURING FISCAL YEAR 2013-14. THE CONFLICT OF INTEREST POLICY WAS REVIEWED AND UPDATED BY THE BOARD IN 2010. QUESTIONNAIRES HAVE BEEN DISTRIBUTED. COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS MONITORED BY UNIVERSITY COUNSEL AND WAS REVIEWED BY THE BOARD AT THE FEBRUARY, 2014 MEETING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE PRESIDENT OF THE UNIVERSITY IS REVIEWED BY THE BOARD AT THE TIME OF HIRING AND AS NECESSARY THEREAFTER. COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED OR REVIEWED BY THE PRESIDENT, IN COORDINATION WITH THE CHANCELLOR. IN BOTH CASES, COMPENSATION IS DETERMINED WITH REGARD TO COMPENSATION PAID TO SENIOR EXECUTIVES OF COMPARABLE NON-PROFIT AND PROPRIETARY INSTITUTIONS IN EDUCATION AND OTHER FIELDS. THE PROCESS IS DOCUMENTED AND WAS LAST COMPLETED JUNE 20, 2015. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMNETS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, COMPENSATION: DR. LEE COMPENSATION AS CHANCELLOR OF THE NATIONAL UNIVERSITY SYSTEM ("NUS") PURSUANT TO THE AFFILIATION AGREEMENT, DR. LEE GUIDED THE STRATEGIC DIRECTION OF THE NU AFFILIATES. HE SPEARHEADED THE CREATION AND GROWTH OF THE NUS SINCE ITS INCEPTION IN 2001 THROUGH HIS RETIREMENT IN SEPTEMBER 2013. DURING THE FISCAL YEAR 2008-2009, HE LED THE NEGOTIATIONS THAT CULMINATED IN JOHN F KENNEDY UNIVERSITY BECOMING AN AFFILIATE OF THE NUS. THANKS TO THAT AFFILIATION, THE NUS NOW INCLUDES AN INSTITUTION THAT IS ACCREDITED TO AWARD DOCTORAL DEGREES. DURING THE FISCAL YEAR 2012-2013, HE LED THE NEGOTIATIONS THAT CULMINATED IN CITY UNIVERSITY OF SEATTLE BECOMING AN AFFILIATE OF NUS. THANKS TO THAT AFFILIATION, NUS ADDED 30 ADDITIONAL CAMPUSES AND OVER 7,000 STUDENTS. SEE STATEMENT ON SCHEDULE O THAT REFERENCES SCHEDULE R, FOR A DESCRIPTION OF THE NUS. THE CHANCELLOR'S COMPENSATION IS PAID BY SYSTEM MANAGEMENT GROUP ("SMG") AND IS ALLOCATED AMONG OTHER NUS AFFILIATES. SEE FORM 990 FILED BY SMG. NONE OF DR. LEE'S COMPENSATION IS ALLOCATED TO ANY OTHER ORGANIZATION OUTSIDE THE NUS. FORM 990, PART VII AND SCHEDULE J, PART II: COMPENSATION: RELATED PARTY ALL COMPENSATION FOR CERTAIN OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES IS ALLOCATED BY SMG TO NUS AFFILIATES PURSUANT TO THE AFFILIATION AGREEMENT. FOR A COMPLETE LISTING OF RELATED PARTY ALLOCATION OF COMPENSATION AND BENEFITS PLEASE REFER TO SMG FORM 990, SCHEDULE O DISCLOSURE. SYSTEM MANAGEMENT GROUP 11355 NORTH TORREY PINES ROAD LA JOLLA CA 92037 201269904 PROVIDES ADMINISTRATIVE SERVICES TO AFFILIATED INSTITUTIONS CA 501(C)(3) LINE 11A, I N/A 1 NATIONAL UNIVERSITY VIRTUAL HIGH SCHOOL 11355 NORTH TORREY PINES ROAD LA JOLLA CA 92037 562438569 EDUCATIONAL INSTITUTION CA 501(C)(3) LINE 9 N/A 1 WESTMED COLLEGE 11355 NORTH TORREY PINES ROAD LA JOLLA CA 92037 900171867 EDUCATIONAL INSTITUTION CA 501(C)(3) LINE 9 N/A 1 SPECTRUM PACIFIC LEARNING INC 11355 NORTH TORREY PINES ROAD LA JOLLA CA 92037 453996682 INACTIVE CA 501(C)(3) LINE 9 N/A 1 NATIONAL UNIVERSITY INTERNATIONAL INC 11355 NORTH TORREY PINES ROAD LA JOLLA CA 92037 453997908 INACTIVE CA 501(C)(3) LINE 2 N/A 1 NATIONAL UNIVERSITY 11355 NORTH TORREY PINES ROAD LA JOLLA CA 92037 237172306 EDUCATIONAL INSTITUTION CA 501(C)(3) LINE 2 N/A 1 CITY UNIVERSITY OF SEATTLE 521 WALL STREET NO 100 SEATTLE WA 98121 237421224 EDUCATIONAL INSTITUTION WA 501(C)(3) LINE 2 N/A 1 0 0 1 0 1 0 0 0 0 0 1 0 1 1 1 1 0 1 0 NATIONAL UNIVERSITY K 600253 CASH SYSTEM MANAGEMENT GROUP M 194748 CASH NATIONAL UNIVERSITY M 4326445 CASH NATIONAL UNIVERSITY E 13891094 CASH LOAN NATIONAL UNIVERSITY C 234394 CASH NATIONAL UNIVERSITY P 4185861 NATIONAL UNIVERSITY R 295880 SCHEDULE R, RELATED ORGANIZATIONS: THE NUS IS AN ALLIANCE OF EDUCATIONAL INSTITUTIONS, SERVING DIVERSE LEARNERS FROM HIGH SCHOOL TO DOCTORAL PROGRAMS. THE NUS INCLUDES 6 INDEPENDENT NON-PROFIT ORGANIZATIONS EXEMPT UNDER IRC SECTION 501(C)(3): NATIONAL UNIVERSITY, NATIONAL UNIVERSITY VIRTUAL HIGH SCHOOL, WESTMED COLLEGE, JOHN F. KENNEDY UNIVERSITY, CITY UNIVERSITY OF SEATTLE, AND SYSTEM MANAGEMENT GROUP (SMG). SMG IS A SUPPORTING ORGANIZATION EXEMPT UNDER IRC SECTION 509(A)(3) WHICH PROVIDES SUPPORT AND SERVICES TO ITS TAX-EXEMPT AFFILIATES IN THE NUS. SPECTRUM PACIFIC LEARNING COMPANY LLC AND NATIONAL UNIVERSITY INTERNATIONAL LLC ARE WHOLLY-OWNED BY NATIONAL UNIVERSITY, AND ARE TREATED AS DISREGARDED ENTITIES FOR TAX PURPOSES. THE BOARD OF TRUSTEES OF EACH NUS AFFILIATE GOVERNS EACH AFFILIATE INDEPENDENTLY. THE BOARD OF TRUSTEES HAS NO AUTHORITY TO REMOVE, REPLACE OR APPOINT A MAJORITY OF THE GOVERNING BODY OF THOSE OTHER AFFILIATES. THE BOARD OF TRUSTEES OF EACH AFFILIATE, ACTING IN ITS INDEPENDENT CAPACITY, PERIODICALLY APPOINTS ITS OWN NEW TRUSTEES. THE BOARD OF TRUSTEES HAS A MAJORITY OVERLAPPING COMPOSITION BETWEEN EACH AFFILIATE OF NUS. IN ADDITION, THE NUS AUDIT FIRM PREPARES A SET OF "COMBINED NOT "CONSOLIDATED" AUDITED FINANCIAL STATEMENTS THAT INCLUDE THE EIGHT INDEPENDENT NON-PROFIT ORGANIZATIONS EXEMPT UNDER IRC SECTION 501(C)(3): NATIONAL UNIVERSITY, NATIONAL UNIVERSITY VIRTUAL HIGH SCHOOL, WESTMED COLLEGE, JOHN F. KENNEDY UNIVERSITY, CITY UNIVERSITY OF SEATTLE, AND SYSTEM MANAGEMENT GROUP.