2015-01-14T21:05:51-07:00 2014-05-31 990 2013-06-01 381359569 SPRING ARBOR UNIVERSITY SPRI 5177501200 106 E Main Street Spring Arbor MI 49283 Kevin Rose VP of Finance & Administration 5177506658 2015-01-14 2013 2016-03-07 17:11:31Z Brent Ellis 106 E Main Street Spring Arbor MI 49283 71382451 0 X www.arbor.edu X 1873 MI Spring Arbor University provides post-secondary education for close to 4,000 students, granting BA, BS, MA & MS degrees for programs on it's 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." 30 26 2014 0 0 0 3793792 5028297 62301757 61810243 493382 2004747 822405 411149 67411336 69254436 18040448 18575596 0 0 28707016 28961150 10000 10000 1357232 17073481 18783529 63830945 66330275 3580391 2924161 86028760 87988885 46280651 44435728 39748109 43553157 Spring Arbor University provides post-secondary education for over 3,700 students, granting BA, BS, MA & MS degrees for programs on it's 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 59060213 18575596 69263700 Spring Arbor University is a Christian institution serving over 3,700 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 59060213 1 1 0 0 0 0 0 0 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 1 1 1 1 0 0 0 0 1 1 1 0 0 1 5511 0 1 2014 1 0 0 0 0 0 0 X 30 26 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 Linda Adams Board Member 2 0 X 0 0 0 Russ Atherton Board Member 2 0 X 0 0 0 Tammy Bailey Vice Chairman 4.00 0 X 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 Paul Castle Board Member 2 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 3 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 Steven Hogwood 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 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 3 0 X 0 0 0 Faith Small Board Member 2 0 X 0 0 0 Dale Stephenson Board Member 2 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 Marvelle Vannest Board Member 2 0 X 0 0 0 Melinda Vokal Board Member 2 0 X 0 0 0 Don Walker Secretary-Treasurer 4 0 X X 0 0 0 David White Board Member 2 0 X 0 0 0 Scott Wiard Board Member 3 0 X 0 0 0 Scott Wieland Board Member 2 0 X 0 0 0 Jim Woodcock Vice Chairman 5 0 X X 0 0 0 Brent Ellis President 50 0 X 155845 0 42495 Kimberly Rupert Provost 50 0 X 133019 0 19780 Charles Webb President 50 0 X 133397 0 15561 Jerry White VP for Finance & Administration 50 0 X 125727 0 48381 547988 0 126217 4 1 1 0 MTS Travel 124 E Main St 4th Floor Ephrata PA 17522 Travel for Study Abroad programs 345628 Jenzabar PO Box 845939 Boston MA 02284 Computer Software 323368 Print Tech Inc 6800 Jackson Rd Ann Arbor MI 48103 Printing 190155 Jones Construction PO Box 1936 Jackson MI 49204 Capital Project 176960 Mitchell Graphics 2363 Mitchell Park Dr Petoskey MI 49770 Printing 157848 6 0 0 5035 0 434419 4588843 45134 5028297 Student Tuition and Fees 611310 53069429 53069429 0 0 Auxiliary Services 611310 8740814 8740814 0 0 0 0 0 0 61810243 146543 0 0 146543 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3021081 0 1162877 0 1858204 0 1858204 0 0 1858204 9264 5035 9264 0 0 0 0 0 0 0 0 0 1348193 955874 392319 392319 0 0 18830 18830 0 0 18830 69254436 62221392 0 2004747 0 0 18575596 18575596 0 0 0 0 975504 454097 323067 198340 0 0 0 0 20905471 18027351 2521068 357052 1052084 907240 126875 17969 4546571 3779126 623886 143559 1481520 1277555 178662 25303 0 0 0 0 45446 17589 27857 0 76750 0 76750 0 0 0 0 0 10000 10000 66191 0 66191 0 3214865 2838090 334182 42593 985181 971110 14071 0 2627460 2034369 457303 135788 464727 52243 408684 3800 0 0 0 0 2352884 2352884 0 0 1688296 1453442 95124 139730 0 0 0 0 756861 399704 197638 159519 653421 645322 8099 0 0 0 0 0 2509908 2134898 304612 70398 592727 95726 497001 0 Post Retirement Liability, Bad Debts 554057 74517 479540 0 Professional Development 75957 68433 7524 0 2118798 2900921 -835304 53181 66330275 59060213 5912830 1357232 564364 809820 3581333 6359120 582945 1322878 3980872 2737923 0 0 0 0 3453156 3262069 32864 27743 462323 428301 94910414 35421762 61109496 59488652 10226759 11565642 260009 198725 0 0 0 0 1774639 1788012 86028760 87988885 2620141 2819329 0 0 4242030 4633318 27440000 25580000 0 0 0 0 426311 327397 0 0 11552169 11075684 46280651 44435728 X 28509432 30182908 2710851 3523845 8527826 9846404 39748109 43553157 86028760 87988885 X 2924161 653858 0 66191 0 160838 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 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 7203232 225445 817263 23985 32668 0 8189287 0.19 0.81 0 1 0 0 2017955 2017955 0 67909374 18149494 49759880 0 5304254 1168483 4135771 0 19622994 16103785 3519209 0 55837 0 55837 59488652 0 Refundable Student Deposits 1035076 Annuities Payable 833573 Accrued Post Retirement 5429457 Interest Swap Agreements 822897 Refundable Gov't Loan Advances 2954681 11075684 55697244 653858 0 0 -18575596 -17921738 73618982 66191 -4430737 -4364546 69254436 52037337 0 0 0 -18575596 -18575596 70612933 66191 -4348849 -4282658 66330275 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 direction 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 Schedule D, Part XII, Line 2d Financial Aid Exp Schedule D, Part XII, Line 4b Michindoh, COGS, Fundraising Exp 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 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 288665 1 2 288665 0 0 0 0 0 0 1 Institutional Financial Aid 3462 18575596 0 FMV N/A Schedule I, Part I, Line 2 Actual amounts granted to recipients via aid posting. X X 1 1 X X 0 0 0 0 0 0 0 0 0 Jerry White VP for Finance & Administration 125727 0 0 0 0 0 9067 0 39314 0 174108 0 170028 0 Brent Ellis President 155845 0 0 0 0 0 11015 0 31479 0 198339 0 156168 0 Kimberly Rupert Provost 131019 0 0 0 0 0 10482 0 9298 0 150799 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 for the President and Vice President of Advancement. Dues are routinely paid for community and professional organization for officers and other employees. 10% of country club dues are taxable to the employee. 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 1295000 0 8919761 0 0 0 165239 9 9 8662842 0 0 2010 0 0 0 1 B 1530000 0 6305260 0 0 0 209740 0 0 6305260 0 0 2006 0 0 0 1 C 1470000 0 3841922 0 0 0 39463 0 0 3841922 0 0 2004 0 0 0 1 D 1175000 0 2539821 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 0.0135 0.0135 1 0 1 C 0 0 0 0 0 0 0 1 0 1 D 0 0 0 0 0 0.0053 0.0053 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 570000 0 7035586 0 0 0 122989 0 0 6924769 0 80860 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 Reid Atherton Family member Russ Atherton (Board Member) 56047 Employment 0 Steven Castle Family member of Paul Castle (Board Member) 46232 Employment 0 Thomas Kuntzleman Family member Beth Kuntzleman (Board Member) 78009 Employment 0 RHB Board member Tammy Bailey is the CFO/Partner of RHB 152000 Consulting 0 X 60 Fair Market Value X Small Equipment 2 1193 Fair Market Value X Other - Travel, Meals, Supplies 30 43881 Fair Market Value 0 0 1 0 Form 990, Part VI, Section B, Line 11b The 990 is electronically sent to the full board to review prior to submission. Form 990, Part VI, Section B, Line 12c Board members and President 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 Assistant Vice President of Human Resources and that information is used by the board chair and presidential search committee. Further increases are also initiated by that group. 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 1 1 1 1 1 1 0 Michindoh Conference Center m 33091 Fair Market Value Michindoh Conference Center r 39640 Fair Market Value Michindoh Conference Center o 52629 Fair Market Value Automatic extension approved