2016-06-02T08:37:01-05:00 2015-08-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2014-09-01 410684657 NORTHWESTERN HEALTH SCIENCES UNIVERSITY NORT 9528884777 2501 WEST 84TH STREET BLOOMINGTON MN 554311599 KATHLEEN PANCIERA CHIEF FINANCIAL OFFICER 9528884777 2016-05-26 1 LARRY ADAMS P01314654 6123764500 2014 2016-08-17 19:52:53Z DR CHRISTOPHER CASSIRER 2501 WEST 84TH STREET BLOOMINGTON MN 554311599 36457215 0 X WWW.NWHEALTH.EDU X 1942 MN PREPARE PROFESSIONALS AND LEADERS TO BECOME CONTRIBUTORS TO THE ADVANCEMENT OF HEALTH CARE. 11 11 582 11 0 0 1511511 1388846 27890270 26963718 1274398 1100139 325854 375427 31002033 29828130 1176427 1426460 0 0 17996993 21278153 0 9760 467784 12095107 8042591 31268527 30756964 -266494 -928834 38814687 41231066 17190623 21157237 21624064 20073829 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. 0 0 18016469 1426460 22645713 THE UNIVERSITY'S CHIROPRACTIC, ORIENTAL MEDICINE AND ACUPUNCTURE, MASSAGE THERAPY, AND UNDERGRADUATE EDUCATIONAL PROGRAMS PROVIDE INSTRUCTION TO STUDENTS AS IT RELATES TO NATURAL HEALTH CARE AND RESEARCH.NUMBER OF STUDENTS PER PROGRAM FOR THE YEAR ENDED AUGUST 31, 2015:CHIROPRACTIC - 691; ORIENTAL MEDICINE - 129; MASSAGE THERAPY - 82; UNDERGRADUATE - 134. 3541131 0 2392578 THE CLINICS AND NORTHWESTERN LAB PROVIDE CHIROPRACTIC TREATMENT ON A CLINICAL BASIS. STUDENTS FROM THE COLLEGE OBTAIN EXPERIENCE THROUGH CLINICAL SERVICE.NUMBER OF STUDENTS IN THE CLINICS - 338.NUMBER OF PATIENT VISITS - 60,183. 1913601 0 1925427 AUXILIARY - THE BOOKSTORE'S PRIMARY PURPOSE IS TO PROVIDE EDUCATIONAL MATERIALS FOR THE STUDENTS. 23471201 1 1 0 1 0 0 0 0 0 1 1 0 1 0 1 1 1 0 1 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 86 0 582 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 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 DAVID E PETERSON CHAIR 2.00 X X 0 0 0 KEITH M JOHNSON VICE-CHAIR 2.00 X X 0 0 0 BRENT WILDE TREASURER 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 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 CHRISTOPHER D JO 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 155161 0 6389 ROSS B DUGAS VP FOR ADMIN & CFO 40.00 X 153945 0 24354 MICHAEL WILES VP FOR ACADEMIC AFFAIRS 40.00 X 186831 0 22873 SCOTT MUNSTERMAN VP OF CARE AND DELIVERY 40.00 X 199425 0 4038 CHUCK SAWYER SENIOR VP 40.00 X 144607 0 21181 KASHIF AHMAD PROFESSOR 40.00 X 158793 0 22418 BILL HEJNY PROFESSOR 40.00 X 154618 0 19067 BRADLEY FINER PROFESSOR 40.00 X 140787 0 20267 ZACHARY ZACHMAN PROFESSOR 40.00 X 132417 0 23570 KENT ERICKSON FORMER PRESIDENT 40.00 X 172146 0 0 1598730 0 164157 25 1 1 0 CLIFTONLARSONALLEN LLP 220 S 6TH ST STE 300 MINNEAPOLIS MN 55402 AUDIT AND ACCOUNTING SUPPORT 213245 EVERGREEN FOODS 2501 W 84TH ST BLOOMINGTON MN 55431 CATERING 201491 CHRISTINE J QUINN INC 435 MAXWELL ST LAKE GENEVA WI 53147 BUSINESS PLANNING AND CONSULTING 184657 LARKIN HOFFMAN 8300 NORMAN CNTR DR STE 1000 MINNEAPOLIS MN 55437 LEGAL 149059 UNIT 4 BUSINESS SOFTWARE 10000 ELM ST STE 801 MANCHESTER NH 03101 INFORMATION TECHNOLOGY 110261 5 619555 769291 1388846 TUITION AND FEES 611600 22645713 22645713 CLINICAL LAB FEES 621300 2392578 2392578 BOOKSTORE AUXILIARY 451211 1925427 1925427 26963718 338823 338823 7288401 102000 6554775 74310 733626 27690 761316 761316 MISCELLANEOUS REVENUE 900099 375427 375427 375427 29828130 26963718 0 1475566 1409464 1409464 16996 16996 587692 587692 16483717 13810152 2370121 303444 520101 338937 175434 5730 2655754 2385308 214679 55767 1030889 883071 133436 14382 173365 173365 109961 1823 108138 43833 43833 9760 9760 137849 32834 105015 729880 231894 496355 1631 833992 260662 567106 6224 1713663 1237262 435076 41325 696069 393176 302893 1203606 941949 256683 4974 203716 137982 58048 7686 254949 226217 12124 16608 263089 263089 1060382 784683 275699 352782 114851 237678 253 INVENTORY PURCHASES 172120 172120 STUDENT SERVICES 93335 91820 1515 30756964 23471201 6817979 467784 2016920 1536286 715822 593787 102538 483700 393466 512905 717771 554985 217449 435558 30601586 13910413 17054300 16691173 13064829 12862769 517992 469727 4013600 7090176 38814687 41231066 1980627 2166488 213872 309100 24524 0 10284700 9221104 4686900 9460545 17190623 21157237 X 17700518 16717865 2580595 2010033 1342951 1345931 21624064 20073829 38814687 41231066 X -928834 -735662 114261 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 43833 43833 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 1458162 67086 41000 1484248 1422086 86256 39000 11180 1458162 1356045 945 74696 3600 6000 1422086 1358412 588 17045 20000 1356045 300166 1002353 64343 8450 1358412 0.00000 0.90680 0.09320 0 0 890861 890861 22660330 8757308 13903022 325234 84696 240538 6698261 5068409 1629852 26900 26900 16691173 STUDENT LOANS 7090176 F 7090176 FEDERAL CAPITAL CONTRIBUTION - PERKINS 7559966 ANNUITY PAYABLE 90694 CAPITAL LEASE OBLIGATIONS 29957 ASSET RETIREMENT OBLIGATION 155659 INTEREST RATE SWAP LIABILITY 133415 EARLY RETIREMENT INCENTIVE PROGRAM LIABILITY 1490854 9460545 X 27173091 -735662 -735662 27908753 1919377 1919377 29828130 27722317 0 27722317 3034647 3034647 30756964 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 4B - OTHER ADJUSTMENTS: PRIVATE GIFTS AND GRANTS 128,440. GAIN ON SALE OF FIXED ASSETS 27,690. NON-OPERATING INVESTMENT INCOME -191,348. FINANCIAL AID AND SCHOLARSHIPS 1,426,460. INVESTMENT INCOME LLC 528,135. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS 1,426,460. EARLY RETIREMENT INCENTIVE PROGRAM 1,608,187. 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 SCHOOL RECEIVES FEDERAL FUNDING INCLUDING PELL GRANTS, PERKINS LOANS, STAFFORD LOANS, G.I. BILL FUNDS, AND RESEARCH GRANTS. 1 NORTH AMERICA 0 0 PROGRAM SERVICES STUDENT RECRUITMENT 7496 NORTH AMERICA 0 0 GRANTS - STUDENT AID N/A 9500 0 0 0 0 0 0 16996 0 16996 FINANCIAL AID NORTH AMERICA 16 9500 APPLIED DIRECTLY TO STUDENT ACCOUNT 0 N/A N/A 0 0 0 0 0 0 PART I, LINE 2: THE SCHOLARSHIP COMMITTEE ADMINISTERS ALL OF THE INSTITUTIONAL AND PRIVATE SCHOLARSHIPS. THE FINANCIAL AID DEPARTMENT MANAGES ALL GRANTS. IN ALL CASES, NOTICES OF GRANTS AND SCHOLARSHIPS ARE POSTED OUTSIDE THE FINANCIAL AID OFFICE AS WELL AS LISTED IN VARIOUS INTERNAL PUBLICATIONS AND THE UNIVERSITY WEBSITE. RECORDS ARE MAINTAINED IN THE FINANCIAL AID OFFICE. CANADIAN STUDENTS RECEIVING TUITION GRANTS HAVE TO GO THROUGH AN APPLICATION PROCESS. ALL APPLICATIONS ARE MAINTAINED IN THE STUDENT'S FILES. PART I, LINE 3: ACCRUAL BASIS IS USED TO ACCOUNT FOR EXPENDITURES IN PART I, LINE 3, COLUMN F. 1 GRANTS TO STUDENTS 249 1409464 0 N/A N/A PART I, LINE 2: THE SCHOLARSHIP COMMITTEE ADMINISTERS ALL OF THE INSTITUTIONAL AND PRIVATE SCHOLARSHIPS. THE FINANCIAL AID DEPARTMENT MANAGES ALL GRANTS. IN ALL CASES NOTICES OF GRANTS AND SCHOLARSHIPS ARE POSTED OUTSIDE THE FINANCIAL AID OFFICE AS WELL AS LISTED IN VARIOUS INTERNAL PUBLICATIONS AND THE UNIVERSITY WEBSITE. RECORDS ARE MAINTAINED IN THE FINANCIAL AID OFFICE. X X X X X 0 0 0 1 0 0 0 0 0 DR CHRISTOPHER CASSIRER PRESIDENT 128883 0 15000 0 11278 0 4200 0 2189 0 161550 0 0 0 ROSS B DUGAS VP FOR ADMIN & CFO 136445 0 0 0 17500 0 4610 0 19744 0 178299 0 0 0 MICHAEL WILES VP FOR ACADEMIC AFFAIRS 164531 0 0 0 22300 0 5421 0 17452 0 209704 0 0 0 SCOTT MUNSTERMAN VP OF CARE AND DELIVERY 199425 0 0 0 0 0 0 0 4038 0 203463 0 0 0 CHUCK SAWYER SENIOR VP 127107 0 0 0 17500 0 4153 0 17028 0 165788 0 0 0 KASHIF AHMAD PROFESSOR 158793 0 0 0 0 0 5195 0 17223 0 181211 0 0 0 BILL HEJNY PROFESSOR 144079 0 0 0 10539 0 2115 0 16952 0 173685 0 0 0 BRADLEY FINER PROFESSOR 140787 0 0 0 0 0 2639 0 17628 0 161054 0 0 0 ZACHARY ZACHMAN PROFESSOR 132417 0 0 0 0 0 3526 0 20044 0 155987 0 0 0 KENT ERICKSON FORMER PRESIDENT 161377 0 0 0 10769 0 0 0 0 0 172146 0 0 0 PART I, LINE 5 PHYSICIAN EMPLOYEES RECEIVE BONUS COMPENSATION BASED ON SEVERAL FACTORS. ONE FACTOR IS THE NUMBER OF PATIENTS SERVED, WHICH IS CLOSELY CONNECTED TO ORGANIZATIONAL REVENUE. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE HAS A MINIMUM OF EIGHT (8) MEMBERS, ALL OF WHOM ARE TRUSTEES. THE CHAIR OF THE BOARD IS 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 ARE ALSO MEMBERS OF THE EXECUTIVE COMMITTEE. BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE HAS 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 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. THIS PROCESS WAS LAST CONDUCTED FOR THE PRESIDENT IN 2014. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS SET BY THE PRESIDENT IN CONSULTATION WITH HUMAN RESOURCES USING COMPARABLE EXTERNAL DATA FROM REPUTABLE PUBLISHED SALARY SURVEYS PROVIDED BY AN EXTERNAL COMPENSATION CONSULTANT. THIS PROCESS WAS LAST CONDUCTED FOR ALL POSITIONS IN 2015. 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 VALUE OF INTEREST RATE SWAP 114,261. 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