2013-04-08T14:24:50-07:00 2012-05-31 990 2011-06-01 381359569 SPRING ARBOR UNIVERSITY SPRI 5177501200 106 E Main Street Spring Arbor MI 49283 Jerry White 5177506658 2013-04-08 2011 2016-02-25 16:41:14Z Charles Webb 106 E Main Street Spring Arbor MI 49283 72826363 0 X www.arbor.edu X 1873 MI Spring Arbor University provides post-secondary education for over 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." 35 30 2073 5 0 0 3140300 5413380 59393632 62522889 634329 382366 1164456 570259 64332717 68888894 16929624 18293933 0 0 29311551 29459786 10000 10000 1431522 20456431 19392091 66707606 67155810 -2374889 1733084 77692268 83725693 43473392 49157713 34218876 34567980 Spring Arbor University provides post-secondary education for over 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." 0 0 57836960 18293934 68888894 Spring Arbor University is a Christian institution serving over 4,000 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 57836960 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 1 1 0 0 1 5936 0 1 2073 1 0 0 0 0 0 0 0 0 0 1 0 X 35 30 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 2 X 0 0 0 Russ Atherton 2 X 0 0 0 Tammy Bailey 2 X 0 0 0 Sarah Bates 2 X 0 0 0 Debra Blews 2 X 0 0 0 Dan Boss 2 X 0 0 0 Paul Castle 2 X 0 0 0 Guy Charles 2 X 0 0 0 Jen Doerfler 2 X 0 0 0 Harvey Gainey 2 X 0 0 0 Jim Gallogly 2 X 0 0 0 Judi Ganton 2 X 0 0 0 Mike Helmer 2 X 0 0 0 Steven Hogwood 2 X 0 0 0 Todd Hunt 2 X 0 0 0 Beth Kuntzleman 2 X 0 0 0 Michael McFarren 2 X 0 0 0 Herb McLachlan 2 X 0 0 0 Gordon Milnes 2 X 0 0 0 Randall Pitman 2 X 0 0 0 Thomas Ramundo 2 X 0 0 0 Faith Small 2 X 0 0 0 Kimberly Rupert 2 X 0 0 0 Mark Thompson 2 X 0 0 0 Dick Townley 2 X 0 0 0 Rob Turner 2 X 0 0 0 Marvelle Vannest 2 X 0 0 0 Melinda Vokal 2 X 0 0 0 David White 2 X 0 0 0 Scott Wiard 2 X 0 0 0 Scott Wieland 2 X 0 0 0 Ed Lamoreaux 4 X X 0 0 0 Greg Schupra 4 X X 0 0 0 Don Walker 4 X X 0 0 0 Jim Woodcock 4 X X 0 0 0 Jerry White 50 X 127916 0 44661 Charles Webb 50 X 227916 0 27442 Brent Ellis 50 X 114425 0 32151 Jeff Edwards 50 X 100043 0 34027 Betty Overton-Adkins 50 X 140920 0 25350 711220 0 163631 5 0 1 0 Wieland-Davco Co 4162 English Oak Dr Lansing MI 48911 Contractor 2668067 Kuntzleman Builders 6974 Brown Rd Parma MI 49269 Construction 523703 Foster Specialty Floors 30681 Wixom Rd PO Box 930382 Wixom MI 48393 Soccer complex building project 484776 Jenzabar PO Box 845939 Boston MA 02284 Computer Software 380799 MTS Travel 124 E Main St 4th Floor Ephrata PA 17522 Travel for Study Abroad programs 370869 12 0 0 9034 0 447451 4956895 21950 5413380 Student Tuition and Fees 611310 54089333 54089333 0 0 Auxiliary Services 611310 8433556 8433556 0 0 0 0 0 0 62522889 233717 0 0 233717 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2829189 0 2680540 0 148649 0 148649 0 0 148649 7676 9034 7676 0 0 0 1303884 1249253 54631 0 0 54631 515628 515628 0 0 515628 68888894 63038517 0 436997 18293933 18293933 1159931 575344 417011 167576 21795437 18471384 2690663 633390 1225586 1038670 151300 35616 3743700 3131916 512771 99013 1535132 1301007 189513 44612 0 0 0 0 56863 5328 51535 0 70500 0 70500 0 0 0 0 0 10000 10000 70882 0 70882 0 2999440 2756441 225615 17384 948325 935877 12448 0 2391124 1753679 513021 124424 537288 68689 464811 3788 0 0 0 0 2139102 2139102 0 0 1530693 1379194 88224 63275 0 0 0 0 694345 380766 222799 90780 705350 690388 14962 0 0 0 0 0 2657298 2162806 418186 76306 550912 158915 391997 0 Post Retirement Liability, Bad Debts 550892 94964 455928 0 Professional Development 87589 86794 795 0 All other expenses 3401488 2411763 924367 65358 67155810 57836960 7887328 1431522 410451 583144 3071777 6543571 411473 672970 4056876 4134014 0 0 0 0 3343920 3473711 350704 32413 462999 518343 89254510 30613165 55897506 58641345 7653339 7164497 373092 257543 0 0 1660131 1704142 77692268 83725693 3195372 4623353 3627685 4037898 23005000 28980000 3948181 475903 9697154 11040559 43473392 49157713 X 24749808 21859949 1677075 4698284 7791993 8009747 34218876 34567980 77692268 83725693 X 1733084 -1383980 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8991844 152395 -512116 180793 8314 0 8443016 8189287 221668 865908 187395 97624 0 8991844 7203232 225445 817263 23985 32668 0 8189287 0 0 0 0 0 0 0 0.22 0.78 0 1 0 0 1977955 1977955 0 61156965 15317882 45839083 0 4638304 943215 3695089 0 17830638 14352068 3478570 0 3650648 0 3650648 58641345 0 Accrued Post Retirement 6155762 Refundable Student Loan 3037298 Refundable Student Deposits 617857 Interest Rate Swap 1229642 11040559 68888894 67155810 1733084 -622975 0 0 0 -844757 -1467732 265352 53520076 -622976 0 0 -18293934 -18916910 72436986 70882 -3618974 -3548092 68888894 53254726 0 0 0 -18293934 -18293934 71548660 70882 -4463732 -4392850 67155810 SchD_P05_S00_L04 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 as the direction of the governing board for specific projects which may include capital purchases, special projects and other items. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 3,122,685 Michindoh Inc (3,206,802) Michindoh Exp 1,000 Change in Cont Rec. (622,136) Change in Derivatives (139,504) Change in value of trusts/annuities SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Financial Aid expense SchD_P12_S00_L04b Schedule D, Part XII, Line 4b (1,000) change in Cont. Rec. 622,136 Change in derivatives 139,504 Change in Trusts/Annuities (3,122,685) Michindoh Revenue (7,676) Fundraising Exp (1,249,253) COGS SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Student Financial Aid SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b (3,206,802) Michindoh expenses (1,249,253) COGS (7,676) Fundraising expense 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 The policy is published on the university website. SchE_P01_S00_L06 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 of Michigan and Ohio. Central America and the Caribbean 1 2 Program Services Guatemala sem. abroad program 270490 1 2 270490 0 0 0 0 0 0 Golf Event 16710 9034 7676 0 0 0 2413 2688 2575 0 0 16710 9034 7676 0 0 0 2413 2688 2575 7676 0 1 Institutional student financial aid 3896 18293934 0 SchI_P01_S00_L02 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 Charles Webb 227916 0 0 0 0 0 18914 0 8528 0 255358 0 255489 0 Betty Overton-Adkins 140920 0 0 0 0 0 13171 0 12179 0 166270 0 163391 0 Jerry White 127916 0 0 0 0 0 11424 0 33237 0 172577 0 156461 0 Jeff Edwards 100043 0 0 0 0 0 9972 0 34027 0 144042 0 169144 0 Brent Ellis 114425 0 0 0 0 0 10074 0 22077 0 146576 0 145546 0 SchJ_P01_S00_L01a 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 the country club membership are provided for the president and the vice president for advancement. Dues are routinely paid for community and professional organization for officers and other employees. 10% of the country club dues are taxable to the employee. 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 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 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 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 335000 0 8919761 0 0 0 165239 0 0 8662842 0 256919 2010 0 0 0 1 970000 0 6305260 0 0 0 209740 0 0 6305260 0 0 2006 0 0 0 1 1035000 0 3841922 0 0 0 39463 0 0 3841922 0 0 2004 0 0 0 1 940000 0 2539821 0 0 434775 95291 0 0 2539821 0 0 2004 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0.0135 0.0135 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0.0053 0.0053 1 0 1 1 Comerica Bank 10 0 0 0 0 0 0 1 1 Comerica Bank 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Michigan Finance Authority 521285150 594479BK2 2012-03-15 7140000 Kresge Student Center Expansion/Consolidation of other Loans 0 0 0 0 0 7035586 0 0 0 122989 0 0 6924769 0 80860 2013 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 Reid Atherton Family member Russ Atherton (Board Member) 54711 Employment 0 Steven Castle Family member Paul Castle (Board Member) 38636 Employment 0 Thomas Kuntzleman Family member Beth Kuntzleman (Board Member) 77674 Employment 0 Comerica Bank Board Chair Greg Schupra is the Vice President, Charitable Services Group 672134 Interest Payments 0 Wieland-Davco Corporation Board member Scott Wieland is the Vice President of Wieland-Davco Co. 2668067 Construction of Kresge Student Center expansion. 0 F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The 990 is electronically sent to the full board to review prior to submission. The 990 is reviewed by our auditing firm prior to submission. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Board members and executive team 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 recoginized and the board member will recuse themself from voting. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The compensation for the President was benchmarked by the Assistant Vice President for Human Resources and that information was used by the board chair and executive committee in the hiring of Dr. Webb in 2008. Further increases are also initiated by that group. Other executive team members' compensation is determined through benchmarking studies on an annual basis. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Governing documents, conflict of interest policy and audited financial statements are provided to the public on request. F990_P11_S00_L05 Form 990, Part XI, Line 5 Added Unrealized gain on investments and change in value of interest in trust and annuities, change in cont. receivable and change in derivatives. 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 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 Michindoh Conference Center b 62500 Fair market value