Totals
- Total revenue
- $14,074,099
- Total expenses
- $19,656,057
- Contributions and grants received
- $1,051,006
- Grants paid
- $5,910,560
- Program service revenue
- $12,631,084
- Investment income
- $65,584
- Other revenue
- $326,425
- Total assets, end of year
- $27,298,921
- Total liabilities, end of year
- $7,966,732
- Net assets or fund balances, end of year
- $19,332,189
- Program services expenses (Part IX)
- $14,695,379
- Management and general expenses
- $4,663,988
- Fundraising expenses
- $296,690
- Program service expenses (Part III)
- $14,695,379
Program services were 74.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,051,006
-
1g · Noncash contributions included above
$16,581
-
2a · Program service revenue: TUITION
total $10,928,277 · related or exempt $10,928,277
-
2b · Program service revenue: ROOM & BOARD
total $1,702,807 · excluded $1,702,807
-
3 · Investment income
total $71,320 · excluded $71,320
-
7a · Gross sales of assets other than inventory
securities $4,419,702 · other assets $4,300
-
7b · Less cost or other basis and sales expenses
securities $4,429,738 · other assets $0
-
7c · Gain or loss
securities -$10,036 · other assets $4,300
-
7d · Net gain or loss
total -$5,736 · excluded -$5,736
-
11a · Other revenue: MISCELLANEOUS INCOME
total $250,669 · related or exempt $250,669
-
11b · Other revenue: CAFE/GEAR STORE
total $75,756 · related or exempt $75,756
-
11e · Other revenue, total
$326,425
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $5,910,560 · program services $5,910,560
-
5 · Compensation of officers, directors and key employees
total $850,640 · program services $260,120 · management and general $456,860 · fundraising $133,660
-
7 · Other salaries and wages
total $5,384,325 · program services $3,536,009 · management and general $1,776,368 · fundraising $71,948
-
8 · Pension plan contributions
total $70,588 · program services $40,231 · management and general $25,536 · fundraising $4,821
-
9 · Other employee benefits
total $346,361 · program services $201,709 · management and general $128,031 · fundraising $16,621
-
10 · Payroll taxes
total $703,227 · program services $420,821 · management and general $267,109 · fundraising $15,297
-
11a · Fees: management
total $250,491 · management and general $250,491
-
11b · Fees: legal
total $53,066 · management and general $53,066
-
11c · Fees: accounting
total $119,907 · management and general $119,907
-
11f · Fees: investment management
total $33,452 · management and general $33,452
-
11g · Fees: other
total $1,125,700 · program services $743,018 · management and general $382,682
-
12 · Advertising and promotion
total $462,576 · program services $271,975 · management and general $169,255 · fundraising $21,346
-
13 · Office expenses
total $681,437 · program services $665,670 · management and general $13,478 · fundraising $2,289
-
14 · Information technology
total $392,323 · program services $32,119 · management and general $352,749 · fundraising $7,455
-
16 · Occupancy
total $908,006 · program services $816,223 · management and general $91,783
-
17 · Travel
total $491,047 · program services $447,083 · management and general $32,889 · fundraising $11,075
-
20 · Interest
total $61,189 · program services $18,689 · management and general $42,500
-
22 · Depreciation, depletion and amortization
total $895,014 · program services $895,014
-
24a · Other expenses: LICENSE & FEES
total $566,538 · program services $308,485 · management and general $246,789 · fundraising $11,264
-
24b · Other expenses: LEASE
total $169,148 · management and general $169,148
-
24c · Other expenses: FOOD SERVICES & MERCHAN
total $54,615 · program services $35,068 · management and general $19,547
-
24d · Other expenses: BAD DEBT
total $32,348 · management and general $32,348
-
24e · All other expenses
total $93,499 · program services $92,585 · fundraising $914
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,081,885 · end of year $85,018
-
2 · Savings and temporary cash investments
beginning of year $990,383 · end of year $247,032
-
3 · Pledges and grants receivable
beginning of year $368,529 · end of year $123,283
-
4 · Accounts receivable
beginning of year $600,642 · end of year $2,825,627
-
8 · Inventories for sale or use
beginning of year $23,302 · end of year $33,996
-
9 · Prepaid expenses and deferred charges
beginning of year $201,312 · end of year $89,408
-
10a · Land, buildings and equipment: cost or other basis
$35,088,725
-
10b · Land, buildings and equipment: accumulated depreciation
$22,264,248
-
10c · Land, buildings and equipment, net
beginning of year $13,012,194 · end of year $12,824,477
-
11 · Investments: publicly traded securities
beginning of year $6,110,758 · end of year $5,324,767
-
15 · Other assets
beginning of year $5,655,101 · end of year $5,745,313
-
17 · Accounts payable and accrued expenses
beginning of year $798,667 · end of year $1,170,171
-
19 · Deferred revenue
beginning of year $207,093 · end of year $275,254
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $3,200,000
-
25 · Other liabilities
beginning of year $3,414,532 · end of year $3,321,307
-
27 · Net assets without donor restrictions
beginning of year $8,718,000 · end of year $5,407,116
-
28 · Net assets with donor restrictions
beginning of year $15,905,814 · end of year $13,925,073
Mission and programs · 2022
Mission
IT IS THE MISISON OF MULTNOMAH UNIVERSITY TO EQUIP CHRISTIAN STUDENTS THROUGH HIGHER EDUCATION TO BECOME BIBLICALLY COMPETENT, ACADEMICALLY PROFICIENT, SPIRITUALLY FORMED, AND CULTURALLY ENGAGED SERVANT LEADERS, SHAPED TO BE A TRANSFORMING FORCE IN THE CHURCH, COMMUNITY AND WORLD. THE UNIVERSITY PROVIDES STUDENTS ALL SERVICES NECESSARY FOR A COLLEGE EDUCATION AND ASSISTS, WHERE POSSIBLE, THOSE STUDENTS IN FINANCIAL NEED.
Activities or mission (Part I)
IT IS THE MISSION OF MULTNOMAH UNIVERSITY TO EQUIP CHRISTIAN STUDENTS THROUGH HIGHER EDUCATION TO BECOME BIBLICALLY COMPETENT, ACADEMICALLY PROFICIENT, SPIRITUALLY FORMED, AND CULTURALLY ENGAGED SERVANT LEADERS, SHAPED TO BE A TRANSFORMING FORCE IN THE CHURCH, COMMUNITY AND WORLD. THE UNIVERSITY PROVIDES STUDENTS ALL SERVICES NECESSARY FOR A COLLEGE EDUCATION AND ASSISTS, WHERE POSSIBLE, THOSE STUDENTS IN FINANCIAL NEED.
-
DURING THE CURRENT FISCAL YEAR THE COLLEGE PROVIDED EDUCATIONAL PROGRAMS FOR APPROXIMATELY 89 SEMINARY AND 402 UNDERGRADUATE & MASTERS STUDENTS (TOTAL 515 STUDENTS).
Expenses $14,695,379 · Grants $5,910,560 · Revenue $11,254,702
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ted AllenTED ALLEN
EXECUTIVE VP (THRU 01/23)
- Total calculated
- $147,495
- From this org
- $144,027
- From related orgs
- $0
- Other
- $3,468
- Hours/week
- 50
-
Eric JosephERIC JOSEPH
PRESIDENT & CEO (THRU 12/22)
- Total calculated
- $153,479
- From this org
- $148,135
- From related orgs
- $0
- Other
- $5,344
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $139,935
- Bonus
- $0
- Other
- $8,200
- Deferred
- $0
- Nontaxable benefits
- $5,344
- Filer's total
- $153,479
-
Alin VrancilaALIN VRANCILA
VP OF ACADEMICS
- Total calculated
- $126,316
- From this org
- $120,521
- From related orgs
- $0
- Other
- $5,795
- Hours/week
- 50
-
Robert LarsonROBERT LARSON
VP OF ADVANCEMENT (THRU 06/23)
- Total calculated
- $119,079
- From this org
- $114,455
- From related orgs
- $0
- Other
- $4,624
- Hours/week
- 50
-
Jessica TaylorJESSICA TAYLOR
INTERIM PRESIDENT
- Total calculated
- $113,699
- From this org
- $112,575
- From related orgs
- $0
- Other
- $1,124
- Hours/week
- 50
-
Joe SlavensJOE SLAVENS
VP OF STUDENT LIFE
- Total calculated
- $113,046
- From this org
- $105,148
- From related orgs
- $0
- Other
- $7,898
- Hours/week
- 50
-
Jay MosserJAY MOSSER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 3
-
Joyce SchroederJOYCE SCHROEDER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Brent MesquitBRENT MESQUIT
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Victor AlvarizaresVICTOR ALVARIZARES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Cliff ChappellCLIFF CHAPPELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Paul ColliganPAUL COLLIGAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Austin HodgesAUSTIN HODGES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Charles LandersCHARLES LANDERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Adrienne LivingstonADRIENNE LIVINGSTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Nathan NymeyerNATHAN NYMEYER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Clifford CookCLIFFORD COOK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Ben OchsBEN OCHS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Jonathan Ortiz-MyersJONATHAN ORTIZ-MYERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Chandler WilsonCHANDLER WILSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Housing allowance or residence for personal use
- 1b · Written policy on the line-1a expenses
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 2 · Substantiation required before reimbursing expenses
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- CLERGY HOUSING ALLOWANCES ARE SUBMITTED TO THE BOARD BY QUALIFYING FACULTY/STAFF WHO ARE ORDAINED MINISTERS. THE PRESIDENT OF MULTNOMAH UNIVERSITY IS ORDAINED, AND SUBMITS AN ANNUAL REQUEST TO THE BOARD TO DESIGNATE A PORTION OF HIS RESPECTIVE COMPENSATION AS A CLERGY HOUSING ALLOWANCE.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 18 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431209349300638
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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