Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $42,835

• 1d · Related organizations

  $5,851,312

• 1e · Government grants (contributions)

  $6,235,369

• 1f · All other contributions, gifts and grants

  $25,306,476

• 1g · Noncash contributions included above

  $2,509,479

• 2a · Program service revenue: STUDENT TUITION & FEES

  total $320,086,518 · related or exempt $320,086,518

• 2b · Program service revenue: AUXILIARY ENTERPRISES

  total $33,783,191 · related or exempt $33,783,191

• 2c · Program service revenue: ORGANIZED ACTIVITIES

  total $11,318,584 · related or exempt $11,318,584

• 2d · Program service revenue: MISC. FEES & SALES

  total $8,384,353 · related or exempt $8,119,570 · unrelated business $264,783

• 2e · Program service revenue: LOAN INTEREST INCOME

  total $63,047 · related or exempt $63,047

• 3 · Investment income

  total $11,010,953 · unrelated business $2,018,181 · excluded $8,992,772

• 4 · Income from investment of tax-exempt bond proceeds

  total $239,275 · excluded $239,275

• 5 · Royalties

  total $690,025 · excluded $690,025

• 6a · Gross rents

  real property $3,560,647 · personal property $77,230

• 6b · Less rental expenses

  real property $554,082 · personal property $36,815

• 6c · Rental income or loss

  real property $3,006,565 · personal property $40,415

• 6d · Net rental income or loss

  total $3,046,980 · unrelated business $40,415 · excluded $3,006,565

• 7a · Gross sales of assets other than inventory

  securities $114,826,566 · other assets $102,814

• 7b · Less cost or other basis and sales expenses

  securities $116,628,353 · other assets $152,370

• 7c · Gain or loss

  securities -$1,801,787 · other assets -$49,556

• 7d · Net gain or loss

  total -$1,851,343 · excluded -$1,851,343

• 8a · Fundraising events: gross income

  $70,602

• 8a · Fundraising events: contributions included on line 1c

  $42,835

• 8b · Fundraising events: direct expenses

  $37,512

• 8c · Net income from fundraising events

  total $33,090 · excluded $33,090

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $276,519 · program services $276,519

• 2 · Grants to domestic individuals

  total $137,588,809 · program services $137,588,809

• 3 · Grants to foreign organizations and individuals

  total $196,930 · program services $196,930

• 5 · Compensation of officers, directors and key employees

  total $2,148,704 · program services $381,474 · management and general $1,767,230

• 6 · Compensation of disqualified persons

  total $1,458,119 · program services $460,224 · management and general $997,895

• 7 · Other salaries and wages

  total $120,026,455 · program services $99,337,375 · management and general $18,026,424 · fundraising $2,662,656

• 8 · Pension plan contributions

  total $8,233,943 · program services $6,949,668 · management and general $1,075,348 · fundraising $208,927

• 9 · Other employee benefits

  total $21,722,986 · program services $16,250,679 · management and general $5,128,742 · fundraising $343,565

• 10 · Payroll taxes

  total $8,982,338 · program services $7,842,520 · management and general $943,505 · fundraising $196,313

• 11b · Fees: legal

  total $30,040 · management and general $30,040

• 11c · Fees: accounting

  total $194,050 · management and general $194,050

• 11d · Fees: lobbying

  total $89,120 · program services $89,120

• 11f · Fees: investment management

  total $3,527,750 · management and general $3,527,750

• 11g · Fees: other

  total $15,246,180 · program services $12,401,430 · management and general $2,638,107 · fundraising $206,643

• 12 · Advertising and promotion

  total $2,411,528 · program services $2,268,464 · management and general $135,293 · fundraising $7,771

• 13 · Office expenses

  total $11,426,726 · program services $9,468,746 · management and general $1,427,921 · fundraising $530,059

• 14 · Information technology

  total $13,111,699 · program services $11,233,572 · management and general $1,695,680 · fundraising $182,447

• 16 · Occupancy

  total $4,575,552 · program services $3,048,060 · management and general $1,487,551 · fundraising $39,941

• 17 · Travel

  total $9,852,652 · program services $9,019,288 · management and general $418,196 · fundraising $415,168

• 19 · Conferences, conventions and meetings

  total $3,347,263 · program services $2,258,434 · management and general $1,088,738 · fundraising $91

• 20 · Interest

  total $9,696,689 · program services $8,679,149 · management and general $915,751 · fundraising $101,789

• 22 · Depreciation, depletion and amortization

  total $19,969,381 · program services $17,002,003 · management and general $2,748,844 · fundraising $218,534

• 23 · Insurance

  total $2,392,306 · program services $878,941 · management and general $1,513,365

• 24a · Other expenses: DINING EXPENSES

  total $11,446,996 · program services $11,444,081 · management and general $2,915

• 24b · Other expenses: MAINTENANCE AND RENTALS

  total $6,933,653 · program services $5,889,453 · management and general $975,927 · fundraising $68,273

• 24c · Other expenses: UBTI TAXES

  total $1,085,924 · program services $1,085,924

• 24d · Other expenses: MEMBERSHIPS

  total $869,092 · program services $441,575 · management and general $427,510 · fundraising $7

• 24e · All other expenses

  total $4,027,439 · program services $2,562,937 · management and general $1,425,737 · fundraising $38,765

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $62,021,203 · end of year $62,481,899

• 2 · Savings and temporary cash investments

  beginning of year $38,623,306 · end of year $35,831,190

• 3 · Pledges and grants receivable

  beginning of year $46,181,793 · end of year $44,395,259

• 4 · Accounts receivable

  beginning of year $4,218,983 · end of year $9,678,057

• 8 · Inventories for sale or use

  beginning of year $401,614 · end of year $299,238

• 9 · Prepaid expenses and deferred charges

  beginning of year $3,532,209 · end of year $5,373,132

• 10a · Land, buildings and equipment: cost or other basis

  $675,268,860

• 10b · Land, buildings and equipment: accumulated depreciation

  $209,288,968

• 10c · Land, buildings and equipment, net

  beginning of year $469,292,512 · end of year $465,979,892

• 11 · Investments: publicly traded securities

  beginning of year $231,691,696 · end of year $221,015,056

• 12 · Investments: other securities

  beginning of year $186,438,342 · end of year $181,307,342

• 13 · Investments: program-related

  beginning of year $19,600,522 · end of year $17,842,187

• 15 · Other assets

  beginning of year $18,244,937 · end of year $36,622,945

• 17 · Accounts payable and accrued expenses

  beginning of year $39,859,667 · end of year $38,617,651

• 19 · Deferred revenue

  beginning of year $23,846,487 · end of year $21,486,924

• 20 · Tax-exempt bond liabilities

  beginning of year $85,485,447 · end of year $86,438,246

• 21 · Escrow or custodial account liability

  beginning of year $46,920,203 · end of year $46,191,240

• 23 · Secured mortgages and notes payable

  beginning of year $146,015,669 · end of year $144,092,601

• 25 · Other liabilities

  beginning of year $18,730,737 · end of year $32,303,824

• 27 · Net assets without donor restrictions

  beginning of year $337,663,519 · end of year $336,112,318

• 28 · Net assets with donor restrictions

  beginning of year $381,725,388 · end of year $375,583,393

The filer's explanations (Part III)

PART I, LINE 1A

CHARTER AIR TRAVEL IS PROVIDED TO THE MEN'S AND WOMEN'S BASKETBALL TEAMS. COACHES AND ATHLETIC ADMINISTRATORS ARE ALLOWED TO FLY WITH THE TEAM FOR OUT OF TOWN GAMES. LISTED PEOPLE ARE THAYNE MCCULLOH, CHRISTOPHER STANDIFORD, MARK FEW AND LISA MISPLEY FORTIER. PERSONAL USE OF CHARTER AIR TRAVEL IS TAXABLE. BUSINESS TRAVEL IS A BENEFIT THAT IS NOT TAXABLE COMPENSATION. MEMBERSHIP DUES TO SOCIAL CLUBS ARE PAID BY THE UNIVERSITY WITH THE PERSONAL USE OF THE MEMBERSHIP PLACED ON THE W-2 WITH APPROPRIATE TAXES WITHHELD FOR MARK FEW. HOUSING FACILITIES ARE PROVIDED TO ALL JESUITS AT GONZAGA UNIVERSITY (RENT FREE) INCLUDING THOSE THAT ARE TRUSTEES. LISTED PEOPLE ARE FR. TIM CLANCY SJ, TOM LAMANNA SJ AT DELLA STRADA, AND FR. BRYAN PHAM SJ AT COUGHLIN HALL.

PART I, LINE 4B

THAYNE MCCULLOH PARTICIPATED IN A 457(F) DEFERRED COMPENSATION PLAN. OF THE AMOUNT LISTED IN PART II, LINE (1), BOX C, $525,000 WAS FUNDED IN JULY 2022 BUT DOES NOT VEST AND REMAINS SUBJECT TO 100% FORFEITURE UNTIL JANUARY 2024.

PART I, LINE 7

THAYNE MCCULLOH, BRIAN MICHAELSON, CHRIS STANDIFORD, MAUREEN MCGUIRE, ROGER POWELL, JOSEPH POSS, MARK FEW, AND LISA MISPLEY FORTIER RECEIVED BONUS PAYMENTS/INCENTIVES THAT CAN BE DEFINED AS NON-FIXED PAYMENTS. IT IS AT THE DISCRETION OF THE PRESIDENT OR THE TRUSTEES OR THE ACCOMPLISHMENT OF KEY DEPARTMENTAL OBJECTIVES THAT BONUS PAYMENTS/INCENTIVES ARE AWARDED.

ADDITIONAL INFORMATION

THE JESUITS LISTED ON FORM 990 PART VII ARE MEMBERS OF A RELIGIOUS CONGREGATION AND ARE SUBJECT TO A VOW OF POVERTY. COMPENSATION FOR THEIR SERVICES ARE PAID TO THE RELIGIOUS CONGREGATION OF WHICH THEY ARE MEMBERS.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• WOLDSON WESTERN 00 LLC

  ACCEPTING, HOLDING, DEVELOPING, LEASING, AND OPERATING REAL PROPERTY · WA · income $658,819 · assets $14,712,367

  Directly controlled by CORPORATION OF GONZAGA UNIVERSITY

• WOLDSON WESTERN 01 LLC

  ACCEPTING, HOLDING, DEVELOPING, LEASING, AND OPERATING REAL PROPERTY · WA · income $1,278,227 · assets $47,280,721

  Directly controlled by CORPORATION OF GONZAGA UNIVERSITY

• WOLDSON WESTERN 25 LLC

  ACCEPTING, HOLDING, DEVELOPING, LEASING, AND OPERATING REAL PROPERTY · WA · income $604,634 · assets $9,663,737

  Directly controlled by CORPORATION OF GONZAGA UNIVERSITY

• WOLDSON ALASKAN WAY 01 LLC

  ACCEPTING, HOLDING, DEVELOPING, LEASING, AND OPERATING REAL PROPERTY · WA · income $612,639 · assets $2,105,664

  Directly controlled by CORPORATION OF GONZAGA UNIVERSITY

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• BJ CARNEY & COMPANY

  UNRELATED · INVESTMENT · WA · 67.38% owned · share of income -$1,471 · share of assets $23,874

  Directly controlled by CORPORATION OF GONZAGA UNIVERSITY

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CHARITABLE REMAINDER TRUST (4)

  T · CHARITABLE TRUST · WA

• CHARITABLE LEAD TRUST (1)

  T · CHARITABLE TRUST · WA

• POOLED CHARITABLE ANNUITY TRUST (3)

  T · CHARITABLE TRUST · WA

• GONZAGA IMMOBILIARE SRL

  C · LEASING EDUCATION BUILDING · IT · 100% owned · share of income $371,124 · share of assets $4,671,540 · controlled entity

  Directly controlled by GONZAGA UNIVERSITY