2013-05-13T18:25:53-05:00 2012-06-30 910189318 MOSS ADAMS LLP PO BOX 22650 YAKIMA WA 989072650 990 2011-07-01 911160585 HERITAGE UNIVERSITY HERI 5098658663 3240 FORT ROAD TOPPENISH WA 989489599 RICK GAGNIER 5098658663 2013-05-13 1 PAM CLEAVER P00022310 5092487750 2011 2016-03-07 17:11:31Z RICK GAGNIER 3240 FORT ROAD TOPPENISH WA 989489599 30666623 0 X WWW.HERITAGE.EDU X 1981 WA HERITAGE IS A FULLY-ACCREDITED, PRIVATE INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE DEGREES. 24 24 604 25 0 0 1681179 1677526 21964962 24775463 218952 229707 280534 554914 24145627 27237610 2122656 3011128 0 0 12841864 14554979 0 0 911931 6268259 7069493 21232779 24635600 2912848 2602010 37070827 39279408 5457855 5255684 31612972 34023724 X HERITAGE UNIVERSITY IS A NON-PROFIT, INDEPENDENT, NON-DENOMINATIONAL ACCREDITED INSTITUTION OF HIGHER EDUCATION OFFERING UNDERGRADUATE AND GRADUATE EDUCATION. ITS MISSION IS TO PROVIDE QUALITY, ACCESSIBLE HIGHER EDUCATION TO MULTICULTURAL POPULATIONS WHICH HAVE BEEN EDUCATIONALLY ISOLATED. WITHIN ITS LIBERAL ARTS CURRICULUM, HERITAGE OFFERS STRONG PROFESSIONAL AND CAREER-ORIENTED PROGRAMS DESIGNED TO ENRICH THE QUALITY OF LIFE FOR STUDENTS AND THEIR COMMUNITIES. 0 0 4836303 2758413 3253655 TO PROVIDE STUDENTS WITH SERVICES INCLUDING FINANCIAL AID ASSISTANCE, COUNSELING, INTERNSHIPS, JOB PLACEMENT, AND SCHOLARSHIPS AND GRANTS. 2121252 252715 702588 TO PROVIDE STUDENTS WITH ACADEMIC SUPPORT INCLUDING COMMUNITY ACCESS TO LEARNING RESOURCES, PLACEMENT TESTING AND RECORD MAINTENANCE. 10617378 20819220 TO PROVIDE SERVICES TO PREDOMINANTLY MINORITY UNDERGRADUATE & GRADUATE STUDENTS WHO ARE LIVING IN AN ISOLATED LOCATION AT OR BELOW THE FEDERAL POVERTY GUIDELINES. 2368407 0 0 GENERAL INSTITUTION AND OPERATIONAL EXPENSES, AUXILARY ENTERPRISES. 2368407 19943340 1 1 0 1 0 0 0 1 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1928 0 1 604 1 0 0 0 0 0 1 1 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA AK AZ CT KY MD NY OH OR X RICK GAGNIER 5098658663 3240 FORT ROAD TOPPENISH WA 989489599 BARRY WARNER 1.00 X 0 0 0 BILL RICH 1.00 X X 0 0 0 BRENDAN MONAHAN 1.00 X 0 0 0 CAROLEE DANZ 1.00 X 0 0 0 ELIZABETH MCGREE 1.00 X 0 0 0 FRANK PADILLA 1.00 X 0 0 0 HELLMUT GOLDE 1.00 X 0 0 0 JANE VILLANUEVA 1.00 X X 0 0 0 JOHN F BAGLEY 1.00 X 0 0 0 KATHLEEN HILTON 1.00 X 0 0 0 KIP RAMSEY 1.00 X X 0 0 0 LAURA MCMURRAY 1.00 X 0 0 0 PATRICIA WHITEFOOT 1.00 X 0 0 0 PAUL MOULTON 1.00 X X 0 0 0 RICHARD TWISS 1.00 X 0 0 0 RICK PINNELL 1.00 X 0 0 0 RONALD GAMACHE 1.00 X 0 0 0 SONJA DODGE 1.00 X 0 0 0 STEVE ALTMAYER 1.00 X 0 0 0 STEVE MITCHELL 1.00 X 0 0 0 TED STRONG 1.00 X 0 0 0 THOMAS MEARS 1.00 X 0 0 0 VIRGINIA HISLOP 1.00 X 0 0 0 JOHN E BASSETT 40.00 X X 220480 0 16531 MICHAEL MOORE 40.00 X 126029 0 32688 RICK GAGNIER 40.00 X 145027 0 18074 JIM BORST 40.00 X 115780 0 15956 SNEH VEENA 40.00 X 114845 0 11801 KATHLEEN ROSS 40.00 X 130332 0 16968 852493 0 112018 6 0 1 0 ESD 105 33 S 2ND AVENUE YAKIMA WA 98902 EDUCATIONAL SERVICES 687284 UNIVERSITY OF WASHINGTON 12455 COLLECTIONS DRIVE CHICAGO IL 60693 EDUCATIONAL SERVICES 290206 2 44575 1632951 86183 1677526 TUITION AND FEES 900099 17109590 17109590 FEDERAL GRANTS 900099 7083441 7083441 STUDENT FEE REVENUE 611710 390952 390952 STATE & LOCAL GRANTS 900099 191480 191480 24775463 252858 252858 3080144 3103111 184 -22967 -184 -23151 -23151 91710 44575 44903 46807 46807 614793 280815 333978 333978 CHILDCARE 624410 174129 174129 174129 27237610 24775463 0 784621 3011128 3011128 809457 678457 131000 10687257 9325810 1162441 199006 546674 445372 85309 15993 1748179 1281116 407839 59224 763412 587612 152185 23615 161686 5000 156686 75038 75038 2007173 1818977 87093 101103 158437 13268 15831 129338 2051546 1639063 215774 196709 290865 155412 124768 10685 470931 413145 57786 475450 404268 61133 10049 71686 51416 17395 2875 183132 136911 46221 775271 612464 162807 95631 310 95321 BAD DEBTS 252647 42068 178245 32334 24635600 19943340 3780329 911931 4878593 6894799 618361 1176125 511391 525565 1050842 830018 64665 64243 19103 3077 24020433 6158172 17645083 17862261 11522310 11163041 587412 575927 173067 184352 37070827 39279408 1425688 1661676 536149 524599 951846 982417 2544172 2086992 5457855 5255684 X 25713222 28352978 2873005 2644001 3026745 3026745 31612972 34023724 37070827 39279408 X 2602010 -191258 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1852 1852 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: INDEPENDENT COLLEGES OF WASHINGTON DUES, APPROXIMATELY 3.9% OF THE DUES PAID ARE USED FOR LOBBYING. X X 0 10475380 365750 21876 332145 10530861 9022005 218318 1496205 261148 10475380 7888413 399258 858775 124441 9022005 8226875 329464 -432469 235457 7888413 0.71000 0.29000 0 0 307913 307913 20409725 4757614 15652111 1936651 802195 1134456 1366144 598363 767781 17862261 27237610 24635600 2602010 -191258 -191258 2410752 24361126 -191258 325902 134644 24226482 3011128 3011128 27237610 21950374 325902 325902 21624472 3011128 3011128 24635600 PART III, LINE 4: HERITAGE HAS RECEIVED COLLECTIONS OF ASIAN AND NATIVE AMERICAN ART WHICH ARE EXHIBITED AND USED FOR EDUCATIONAL PURPOSES. HERITAGE'S MISSION IS TO PROVIDE HIGHER EDUCATION TO MULTICULTURAL POPULATIONS. THESE EXHIBITS SUPPORT THESE EFFORTS. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENTS ARE USED TO FUND SCHOLARSHIPS AND ACADEMIC PROGRAMS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MANAGEMENT ADOPTED THE PROVISIONS RELATED TO ACCOUNTING FOR UNCERTAINITIES IN INCOME TAXES. MANAGEMENT HAS DETERMINED THEY HAVE NO UNCERTAIN POSITIONS AT JUNE 30, 2012 AND 2011. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD RECLASSIFIED FROM EXPENSES 280,815. FUNDRAISING EXPENSE RECLASSIFIED FROM EXPENSES 44,903. LOSS ON DISPOSAL OF ASSET 184. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS RECLASSIFIED TO EXPENSES 3,011,128. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD RECLASSIFIED TO REVENUES 280,815. FUNDRAISING EXPENSE RECLASSIFIED TO REVENUES 44,903. LOSS ON DISPOSAL OF ASSET 184. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS RECLASSIFIED FROM REVENUES 3,011,128. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE UNIVERSITY PUBLISHES ITS NONDISCRIMINATORY POLICY IN THE OFFICIAL COURSE CATALOG. THIS INFORMATION IS ALSO FOUND ON THE HERITAGE WEB SITE. THE MISSION OF THE UNIVERSITY IS TO SERVE MULTI-CULTURAL POPULATIONS AND IS WIDELY ADVERTISED AND COMMUNICATED AS SUCH. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 HERITAGE UNIVERSITY RECEVIED VARIOUS GRANTS FROM GOVERNMENTAL AGENCIES AS THE DEPARTMENT OF EDUCATION: PELL GRANTS, EQUAL OPPORTUNITY GRANTS SCHOLARSHIP DINNER 136285 44575 91710 32261 12642 136285 44575 91710 32261 12642 44903 46807 1 SCHOLARSHIPS 1124 1745720 1265408 FAIR MARKET VALUE TUITION DISCOUNTS, EMPLOYEE TUITION WAIVERS PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SINCE THE UNIVERSITY PARTICIPATES IN FEDERAL GRANTS AND LOAN PROGRAMS, ALL THE STUDENT AWARDING PROCESS IS DOCUMENTED IN THE SOFTWARE USED TO DETERMINE ELIGIBILITY AND TRACK STUDENT AWARDS. FOR THOSE AWARDS WITH SUBJECTIVE SELECTION CRITERIA, THE DOCUMENTATION IS MAINTAINED BY THE PERSON RESPONSIBLE FOR SUCH AWARDS. X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 JOHN E BASSETT 183548 0 0 0 36932 0 8609 0 7922 0 237011 0 0 0 MICHAEL MOORE 126029 0 0 0 0 0 8813 0 23875 0 158717 0 0 0 RICK GAGNIER 145027 0 0 0 0 0 10126 0 7948 0 163101 0 0 0 PART I, LINE 1A HERITAGE UNIVERSITY PURCHASED A HOUSE ON 7/1/2011 FOR USE BY THE PRESIDENT AS A PERSONAL RESIDENCE AND OTHER UNIVERSITY FUNCTIONS. THE PERSONAL USE OF THE HOUSE IS TREATED AS TAXABLE COMPENSATION TO DR. BASSETT. TAXABLE GROSS UP PAYMENTS ARE MADE TO THE PRESIDENT RELATING TO CERTAIN TAXABLE BENEFITS. X 5371 MARKET VALUE X 3 52082 MARKET VALUE X COMPUTING EQUIPMENT 2 18730 MARKET VALUE X OTHER EQUIPMENT 1 10000 MARKET VALUE 0 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE CONTROLLER GENERATES THE RETURN INFORMATION. THE RETURN IS THEN REVIEWED BY THE CFO, PRESIDENT AND THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C TOP MANAGEMENT (PRES. & VP'S) MONITOR EACH OTHER AND THE BOARD ON AN ANNUAL BASIS BY DIRECT DISCUSSION, FINANCIAL TRANSACTION REVIEW, AND PUBLIC INVOLVEMENT REVIEWS. FORM 990, PART VI, SECTION B, LINE 15 THE FINANCE COMMITTEE OF THE BOARD REVIEWS COMPARABLE DATA PROVIDED BY CUPA. THE RESULTS OF THE REVIEW ARE NOTED IN THE MEETING MINUTES FILED WITH THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 BY REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -191,258. FORM 990, PART XII, LINE 2C: NO CHANGE FROM LAST YEAR.