2016-01-15T15:39:54-07:00 2015-05-31 990 2014-06-01 381359569 SPRING ARBOR UNIVERSITY SPRI 5177501200 106 E Main Street Spring Arbor MI 49283 Kevin Rose VP of Finance & Administration 5177506658 2016-01-15 2014 2016-04-25 22:37:26Z Brent Ellis 106 E Main St Spring Arbor MI 49283 68473834 0 X www.arbor.edu X 1873 MI Spring Arbor University provides post-secondary education for over 3,400 students, granting BA, BS, MA & MS degrees for programs on the main campus and at sites around the state of Michigan. The concept/mission of the university is: "Spring Arbor University is a community of learners distinguished by our lifelong involvement in the study and application of the liberal arts, total commitment to Jesus Christ as the perspective for learning and critical participation in the contemporary world." 26 23 1985 0 23497 0 5028297 4186207 61810243 62072535 2004747 252483 411149 611923 69254436 67123148 18575596 18571274 0 0 28961150 28603607 10000 10000 1335570 18783529 18664704 66330275 65849585 2924161 1273563 87988885 88195475 44435728 42765837 43553157 45429638 Spring Arbor University provides post-secondary education for over 3,400 students, granting BA, BS, MA & MS degrees for programs on the main campus and at sites around the state of Michigan/Ohio. The concept/mission of the university is: "Spring Arbor University is a community of learners distinguished by our lifelong involvement in the study and application of the liberal arts, total commitment to Jesus Christ as the perspective for learning and critical participation in the contemporary world." 0 0 57273599 18571274 66265788 Spring Arbor University is a Christian institution serving over 3,400 students. All program service expenses are related to instruction, academic support, student and auxiliary services for those students who study at our main campus, through our online education or at one of our sites around the state of Michigan. 0 0 0 57273599 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 0 0 1 5271 0 1 1985 1 1 1 0 0 0 0 0 X 26 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 MI X Spring Arbor University 5177501200 106 E Main Street Spring Arbor MI 49283 Russ Atherton Board Member 2 0 X 0 0 0 Sarah Bates Board Member 2 0 X 0 0 0 Debra Blews Board Member 3 0 X 0 0 0 Dan Boss Board Member 3 0 X 0 0 0 Guy Charles Board Member 2 0 X 0 0 0 Harvey Gainey Board Member 2 0 X 0 0 0 Jim Gallogly Board Member 2 0 X 0 0 0 Judi Ganton Board Member 2 0 X 0 0 0 Mike Helmer Board Member 2 0 X 0 0 0 Todd Hunt Board Member 2 0 X 0 0 0 Beth Kuntzleman Board Member 2 0 X 0 0 0 Ed Lamoreaux Board Member 2 0 X 0 0 0 Herb McLachlan Board Member 3 0 X 0 0 0 Gordon Milnes Board Member 2 0 X 0 0 0 Betty Overton-Adkins Board Member 2 0 X 0 0 0 Thomas Ramundo Board Member 2 0 X 0 0 0 Faith Small Board Member 2 0 X 0 0 0 Dale Stephenson Board Member 3 0 X 0 0 0 Dick Townley Board Member 2 0 X 0 0 0 Rob Turner Board Member 2 0 X 0 0 0 Melinda Vokal Board Member 2 0 X 0 0 0 David White Board Member 2 0 X 0 0 0 Scott Wiard Board Member 3 0 X 0 0 0 Don Walker Secretary-Treasurer 4 0 X X 0 0 0 Tammy Bailey Vice Chairman 4 0 X X 0 0 0 Jim Woodcock Chairman 4 0 X X 0 0 0 Brent Ellis President 50 2 X 195875 0 44381 Kevin Rose VP for Finance & Administration 50 1 X 45200 0 4696 Kimberly Rupert Provost 50 0 X 132800 0 20374 Jerry White Vice President for Finance & Administration 50 1 X 92040 0 26911 465915 0 96362 2 1 1 0 Chartwells Dining Service PO Box 91337 Chicago IL 60693 Food Service Provider 2404395 Tree of Life Bookstore LLC 1500 S Western Ave Marion IN 46953 Bookstore Provider 1114394 Jenzabar PO Box 845939 Boston MA 02284 Computer Software 315746 Print Tech Inc 6800 Jackson Rd Ann Arbor MI 48103 Printing 307870 MTS Travel 124 E Main St 4th Floor Ephrata PA 17522 Travel for Study Abroad programs 205140 8 0 0 2197 0 394216 3789794 441025 4186207 Student Tuition and Fees 611310 53487297 53487297 0 0 Auxiliary Services 611310 8585238 8585238 0 0 0 0 0 0 62072535 181244 0 0 181244 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 515128 0 443889 0 71239 0 71239 0 0 71239 9078 2164 9078 0 0 0 0 0 0 0 0 0 1218303 897719 320584 320584 0 0 291339 267842 23497 0 291339 67123148 62660961 23497 252483 0 0 18571274 18571274 0 0 0 0 975504 454097 323067 198340 0 0 0 0 20685657 17568273 2649692 467692 1102332 936208 141201 24923 4377978 3538905 662222 176851 1462136 1241788 187290 33058 0 0 0 0 116070 56585 59485 0 72800 0 72800 0 0 0 0 0 10000 10000 61980 0 61980 0 3279770 2925898 334614 19258 771195 755559 15636 0 2682326 2024986 541473 115867 487731 68051 414100 5580 0 0 0 0 2189184 2189184 0 0 1539682 1420155 58809 60718 0 0 0 0 651802 383683 174044 94075 562804 562804 0 0 0 0 0 0 2389747 2000113 321757 67877 722172 339672 382500 0 Post Retirement Liability, Bad Debt 486771 74999 411772 0 Professional Development 98893 97545 1348 0 2551777 2063820 426626 61331 65849585 57273599 7240416 1335570 809820 922840 6359120 7116120 1322878 845562 2737923 3164732 0 0 0 0 3262069 3145248 27743 27048 428301 294181 95805369 37810719 59488652 57994650 11565642 12575096 198725 388105 0 0 0 0 1788012 1721893 87988885 88195475 2819329 2493803 0 0 4633318 4395564 25580000 23920000 0 0 0 0 327397 161078 0 0 11075684 11795392 44435728 42765837 X 30182908 31287595 3523845 4011645 9846404 10130398 43553157 45429638 87988885 88195475 X 1273563 568008 0 61980 0 -27070 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 66000 0 0 X X Education 0 12037762 459890 575987 216491 67297 0 12789851 10263293 940459 1107624 193358 80256 0 12037762 8443016 447220 1590529 212799 4673 0 10263293 8991844 152395 -512116 180793 8314 0 8443016 8189287 221668 865908 187395 97624 0 8991844 0.17 0.68 0.15 1 0 0 2087955 2087955 0 68195862 19607198 48588664 0 5503421 1296358 4207063 0 20004640 16907163 3097477 0 13491 0 13491 57994650 0 Refundable Student Deposits 983579 Annuities Payable 781098 Accrued Post Retirement 6311191 Interest Swap Agreements 732208 Refundable Government Loan Advances 2987316 11795392 52507189 568008 0 0 -18571274 -18003266 70510455 61980 -3449287 -3387307 67123148 50729391 0 0 0 -18571274 -18571274 69300665 61980 -3513060 -3451080 65849585 Schedule D, Part III, Line 4 The collection is prehistoric Southwest Native American pottery. The collection is used for instruction and exhibit purposes. Schedule D, Part V, Line 4 Permanently restricted endowment funds are used to support student scholarships, instruction, academic support and institutional support activities as intended by donor restrictions. Board designated endowment funds are used at the discretion of the governing board for special projects which may include capital purchases, special projects and other items. Schedule D, Part XI, Line 2d Student Financial Aid Schedule D, Part XI, Line 4b Derivatives, Trusts, Michindoh, COGS, Fundraising Exp, Post Retirement Change Schedule D, Part XII, Line 2d Financial aid expense Schedule D, Part XII, Line 4b Michindoh, COGS, Fundraising expense, Post Retirement Change 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 policy is published on the University website. Schedule E, Part I, Line 6 The university receives financial aid for students from the Title IV program of US Department of Education and from the state education departments from Michigan and Ohio. Central America and the Caribbean 1 2 Program Services Guatemala semester abroad program 213672 1 2 213672 0 0 0 0 0 0 1 Institutional Financial Aid 3030 18571274 0 FMV N/A Schedule I, Part I, Line 2 Actual amounts granted to recipients via aid posting X X X 1 1 X X 0 0 0 0 0 0 0 0 0 Brent Ellis President 195875 0 0 0 0 0 13720 0 30661 0 240256 0 0 0 Schedule J, Part I, Line 1a The President is required to live in a residence on the campus. The housing allowance is nontaxable because it is a condition of employment and contiguous to campus. Dues for country club membership are provided to the President and Executive Vice President. Dues are routinely paid for community and professional organization for officers and other employees. 10% of country club dues are taxable to the employee. Weekly cleaning services are provided for the university home of the President located on campus. A Michigan Higher Education Facilities Authority Limited Obligation Revenue - SAU Proj Series 2010 521285150 594519T75 2010-02-11 9085000 Residence Hall Construction & Building Repairs/Renovations 0 0 0 B Michigan Higher Education Facilities Authority Variable Rate Demand Limited Obligation Rev Series 2005 521285150 594519J50 2005-10-01 6515000 Dormitory Construction (Gainey Hall) 0 0 0 C Michigan Higher Education Facilities Authority Limited Obligation Rev Bond SAU Project Series 2003 521285150 594519C81 2003-10-23 3881385 Energy conservation/deferred maintenance projects 0 0 0 D Michigan Higher Education Facilities Authority Limited Obligation Revenue & Revenue Funding 521285150 594519ZP8 2003-01-03 2539821 Construction of village housing/apartment renovations 0 0 0 A 1665000 0 8919761 0 0 0 165239 0 0 8662842 0 0 2010 0 0 0 1 B 1820000 0 6305260 0 0 0 209740 0 0 6305260 0 0 2006 0 0 0 1 C 1730000 0 3841922 0 0 0 39463 0 0 3841922 0 0 2004 0 0 0 1 D 1300000 0 2539851 0 0 434775 95291 0 0 2539821 0 0 2004 1 0 0 1 A 0 0 0 0 0 0 0 1 0 1 B 0 0 0 0 0 0 0 1 0 1 C 0 0 0 0 0 0 0 1 0 1 D 0 0 0 0 0 0 0 1 0 1 A 0 0 0 0 1 1 Comerica Bank 10 0 0 0 0 1 B 0 0 0 0 1 1 Comerica Bank 10 0 0 0 0 1 C 0 0 0 0 0 0 0 0 1 D 0 0 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 A Michigan Finance Authority 521285150 594479BK2 2012-03-15 7140000 Kresge Student Center Expansion/Consolidation of other Loans 0 0 0 A 865000 0 7035586 0 0 0 122989 0 0 6924769 0 80760 2013 0 0 0 1 A 0 0 0 0 0 0 0 1 0 0 A 0 0 0 0 1 0 0 0 1 A 1 Reid Atherton Family member Russ Atherton Board Member 56611 Employment 0 Thomas Kuntzleman Family member Beth Kuntzleman Board Member 81326 Employment 0 RHB Board member Tammy Bailey part owner 119238 Consulting 0 X 1 66000 Appraisal X 5 159841 FMV X 2 189380 FMV X Meals 23 10028 Fair Market Value X Supplies 18 5844 Fair Market Value X Travel 25 9932 Fair Market Value 2 0 1 0 Form 990, Part VI, Section B, Line 11b The 990 is sent electronically to the board to review prior to submission. Form 990, Part VI, Section B, Line 12c Board members and cabinet members submit conflict of interest documents annually. These documents are kept in the President's Office. If someone has a conflict of interest, the conflict is recognized and the board member will recuse themselves from voting. Form 990, Part VI, Section B, Line 15 The compensation for the President is benchmarked by the Human Resource Director and that information is used by the board chair and presidential search committee. Further increases are also initiated and reviewed at the board level. Other cabinet members' compensation is determined through benchmarking studies on an annual basis. Form 990, Part VI, Section C, Line 19 Governing documents, conflict of interest policy and audited financial statements are provided to the public upon request. Form 990, Part XI, Line 9 Change in value of derivatives; Change in value of trusts; less Investment exp Spring Arbor University Foundation 106 E Main Street Spring Arbor MI 49283 743066798 Planned giving fundraising for support of Spring Arbor University. MI 501(c)(3) 509(a)(3) Type 1 Spring Arbor University 1 Michindoh Conference Center 4545 E Bacon Road Hillsdale MI 49542 270209917 Christian conference center MI 501(c)(3) 9 Spring Arbor University 1 Charitable Remainder Trust (28) NA NA MI 49283 Charitable Purpose MI C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 Michindoh Conference Center o 55053 Fair market value Michindoh Conference Center p 19906 Fair market value Michindoh Conference Center r 47850 Fair market value Automatic extension approved