2024-05-15T20:30:31-07:00 2023-06-30 990 2022-07-01 750891465 SOUTHWESTERN ADVENTIST UNIVERSITY SOUT 8172026315 100 West Hillcrest Street Keene TX 76059 Gabriel Morales-Burgos Assistant Financial Vice President 8172026301 2024-05-14 Gabriel Morales-Burgos 999009999 1 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z Ana Patterson 1316 CR 314 Cleburne TX 76031 27784578 0 X www.swau.edu X 1942 TX Post secondary Education 26 25 640 0 0 0 9360154 12048600 15998718 10504675 -337525 2361989 796800 295285 25818147 25210549 5191037 4484223 0 0 11182237 12598757 18018 0 411929 8332981 6335549 24724273 23418529 1093874 1792020 70460829 74905240 4555333 5913481 65905496 68991759 The mission of Southwestern Adventist University is to offer quality higher education in a Christ centered enviroment. 0 0 303498 0 703150 Adult Education Programs: Distance Learning and Adult Degree 7260876 0 10614702 General/Other: Major Programs 4484223 0 0 Student Financial Aid Programs: Student Finance 0 0 0 12048597 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 61 0 1 640 1 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 X 26 25 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 X Gabriel Morales-Burgos 8172026301 100 West Hillcrest Street Keene TX 76059 Ana Pattterson Interim President 40 0 X X X 133441 0 0 Marcel Sargeant Vice President for Instituational Research& Effectiveness 40 0 X X 108046 0 0 Donna Berkner Academic Dean 40 0 X X 102008 0 0 Joel Wallace Financial Vice President 40 0 X X 51306 0 0 Carlos E Charnicahrt VP for Financial Administration/CFO 40 0 X X 38495 0 0 James Shires Board Member 0 0 X 0 0 0 Todd Goodman Board Member 0 0 X 0 0 0 John Page Board Member 0 0 X 0 0 0 Sheree Parris Nudd Board Member 0 0 X 0 0 0 Stephen Brooks Board Member 0 0 X 0 0 0 Carol Campbell Board Member 0 0 X 0 0 0 Penney Johnson Board Member 0 0 X 0 0 0 Carlton Byrd Board Member 0 0 X 0 0 0 Renee Sensabaugh Board Member 0 0 X 0 0 0 Carlos Craig Chairman 0 0 X 0 0 0 Elton DeMoraes Board Member 0 0 X 0 0 0 Edmund Fry II Board Member 0 0 X 0 0 0 Timothy Bainum Board Member (Emeritus) 0 0 X 0 0 0 Charles Mitchell Board Member 0 0 X 0 0 0 Arthur Rice Board Member 0 0 X 0 0 0 Nerv Thomas Board Member 0 0 X 0 0 0 Billy Pechero Board Member 0 0 X 0 0 0 Barbara Damron Board Member 0 0 X 0 0 0 Wayne Powell Board Member 0 0 X 0 0 0 Lili Gil Valletta Board Member 0 0 X 0 0 0 Richard Dye Sr Board Member 0 0 X 0 0 0 Max Trevino Board Member (Emeritus) 0 0 X 0 0 0 Douglas Bowyer Board Member 0 0 X 0 0 0 Lee-Roy Chacon Board Member 0 0 X 0 0 0 Timothy Whitley Board Member 0 0 X 0 0 0 Charlie Wilson Board Member 0 0 X 0 0 0 Kenneth R Medlock Board Member 0 0 X 0 0 0 433296 0 0 3 0 0 0 0 0 0 511958 4009952 3015393 4511297 0 12048600 Tuition 611310 10504675 10504675 0 0 0 0 0 0 10504675 2361989 2361989 0 0 0 0 0 0 142661 142661 0 0 1408000 0 1367851 0 40149 0 40149 40149 0 0 0 0 0 0 0 0 0 0 0 0 0 511958 0 0 0 0 0 0 0 0 0 0 1195986 1206178 -10192 -10192 0 0 Fees 611310 62361 62361 0 0 Fines 611310 17278 17278 0 0 43028 43028 0 0 122667 25210549 13161949 0 0 0 0 4484223 4484223 0 0 0 0 345209 345209 0 0 0 0 0 0 9730773 4113373 5405236 212164 1251806 499101 723708 28997 555984 275290 267927 12767 714985 314005 384749 16231 0 0 0 0 56271 56271 0 71985 71985 0 0 0 0 0 16048 16048 226918 226918 0 3058258 646554 2290238 121466 183157 165033 14472 3652 0 0 0 0 1093353 1093353 0 181558 23213 141693 16652 0 0 0 0 64602 26994 37608 0 0 0 0 0 0 0 0 0 1072175 828330 243845 311224 311224 0 0 23418529 12048597 10958003 411929 540973 485300 18510714 17770017 0 0 374891 3764738 0 0 0 0 1688522 9978 48846 34010 546180 73233 51041572 22958473 26983895 28083099 21766808 24684865 0 0 0 0 0 0 0 0 70460829 74905240 1536469 2762932 0 0 18864 7864 0 0 0 0 0 0 3000000 3142685 4555333 5913481 X 47286497 49078517 18618999 19913242 65905496 68991759 70460829 74905240 X 1792020 0 0 0 0 1294243 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21692471 278264 1779510 278264 0 0 23471981 22260333 236525 -330119 474268 0 0 21692471 15356063 4817748 2647171 560649 0 0 22260333 14887810 699833 323328 554908 0 0 15356063 13131532 1729226 716089 689037 0 0 14887810 0.19 0.61 0.2 0 0 1288692 0 1288692 36866392 0 13838256 23028136 2522152 0 1886654 635498 8518127 0 7233563 1284564 1846209 0 0 1846209 28083099 Schedule D, Part V, Line 4 About 75% of the endowment were established for operating purposes. The remaining 25% are for student aid. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 It is present in the organization's online presence, brochures, marketing material, etc. Schedule E, Part I, Line 6 Most goverment aid received by the university is for student aid for shich the university acts as a conduit between the goverment and the student. A program audit is conducted on these transactions. The university has been deemed a minority serving institution and has received some funds to help develop the potential of students at the university. KJRN Sharathon 330522 0 330522 0 0 0 0 0 0 President's Gala 89346 0 89346 0 0 0 0 0 0 3 92089 0 92089 0 0 0 0 0 0 511957 0 511957 0 0 0 0 0 0 0 511957 1 Student Aid 957 3671046 0 Actual Schedule I, Part I, Line 2 Policy guides, accounting software, and annual audits. Form 990, Part VI, Section B, Line 11b The board already gets monthly financial statements and audited financial statements. Presenting the 990 would be redundant information. Also, board meetings and filing dates for the 990 do not necessarily match Form 990, Part VI, Section B, Line 12c On a yearly basis all board members and key employees state on a "Statement of Acceptance Form" any conflict or potential conflict of interest a member or employee may have with the University. And disclosures are presented to the board and the board deals with these disclosures in whatever manner it sees fit. Form 990, Part VI, Section C, Line 19 Governing documents are maintained in the president's office and are available to board members. The conflict of interest policy is spelled out in the Denominational Policy Handbook, which is available on-line. The financial statements are distributed to all board members but are generally not available to the general public. Form 990, Part XI, Line 9 These are temporary restricted funds. Southwestern Union Conference of Seventh-day Adventists PO Box 4000 Burleson TX 76097 750904016 Religious TX 501(c)3 Church N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Southwestern Union Conference of Seventh-day Adventists c 4009952 Cash appropriations Our organization experienced unforeseen delays in filing due to a recent change in our accounting system, which required significant updates to our financial reporting processes. Despite diligent efforts to adapt to the new system, we encountered unexpected technical issues and data migration challenges that prevented us from meeting the filing deadline. We are working diligently to resolve these issues and ensure timely filing going forward.