2026-05-14T14:44:32-05:00 2025-06-30 332621854 CRI CAPIN CROUSE ADVISORS LLC 345 MASSACHUSETTS AVE STE 300 INDIANAPOLIS IN 46204 990 2024-07-01 941279803 WILLIAM JESSUP UNIVERSITY WILL 9165772200 2121 UNIVERSITY AVENUE ROCKLIN CA 95765 ALLISON WEBB VP OF FINANCE/CFO 9165772200 2026-05-14 1 0 ASHLEY PEABODY P01385870 5055022746 2026-05-14 2024 2025-03-06 01:10:19Z PARNELL LOVELACE 2121 UNIVERSITY AVENUE ROCKLIN CA 95765 68298223 0 X WWW.JESSUP.EDU X 1945 CA CHRIST-CENTERED UNIVERSITY OFFERING DEGREES VIA TRADITIONAL, CONTINUING AND ONLINE PLATFORMS. 16 12 1044 140 0 0 29806266 10092374 47125031 55610250 1220129 -4782945 -179392 840981 77972034 61760660 15827326 21259277 0 0 25010982 33089854 107144 0 2762309 23359331 30963488 64304783 85312619 13667251 -23551959 156355543 129904040 110325413 107384124 46030130 22519916 X IN PARTNERSHIP WITH THE CHURCH, THE PURPOSE OF WILLIAM JESSUP UNIVERSITY IS TO EDUCATE TRANSFORMATIONAL LEADERS FOR THE GLORY OF GOD. 0 0 71477155 20610339 48761606 TRADITIONAL & DEGREE COMPLETION: JESSUP ENROLLS NEARLY 1,000 STUDENTS IN ITS UNDERGRADUATE AND DEGREE COMPLETION PROGRAMS WITH AN INTEGRATED BIBLICAL FOUNDATION IN EACH PROGRAM. EACH UNDERGRADUATE PROGRAM IS FOUNDED ON A SOLID LIBERAL ARTS CORE AND INTENTIONALLY DESIGNED TO FOSTER A STUDENT'S SPIRITUAL DEVELOPMENT. WITH 28 TRADITIONAL AND DEGREE COMPLETION PROGRAMS, JESSUP HAS A VARIETY OF CONCENTRATIONS AND SPECIALIZATIONS FROM WHICH STUDENTS MAY CHOOSE. JESSUP'S DEGREE COMPLETION PROGRAMS ARE CUSTOMIZED TO SERVE WORKING ADULT STUDENTS IN A COURSE OF STUDY THAT IS CONVENIENT, FLEXIBLE, AND RELEVANT TO THEIR PERSONAL AND PROFESSIONAL GOALS. (CONTINUED ON SCHEDULE O)ACCELERATED COURSES ARE OFFERED REMOTELY IN A SYNCHRONOUS FORMAT. THE DEGREE COMPLETION PEDAGOGY IS BUILT TO SERVE HIGH-CONTEXT ADULT LEARNERS WHO BRING A WIDE RANGE OF WORK AND LIFE SKILLS, GIFTS, AND ABILITIES INTO THE CLASSROOM. EXPERIENTIAL AND CO-CURRICULAR LEARNING OPPORTUNITIES ARE A HALLMARK OF THE TRADITIONAL UNDERGRADUATE PROGRAMS AS OUR INTERNSHIP OPPORTUNITIES AND WORK PREPAREDNESS COURSES ASSIST STUDENTS IN SCHOOL-TO-WORK TRANSITIONS. MAJORS INCLUDE BUSINESS, CHILD DEVELPMENT, PSYCHOLOGY, CRIMINAL JUSTICE, LEADERSHIP, ENGLISH, HISTORY, MUSIC, THEATER, DIGITAL COMMUNICATION, ART & DESIGN, LIBERAL STUDIES & CREDENTIALING, POLITICAL SCIENCE, BIBLICAL STUDIES, BIOLOGY, BIOCHEMISTRY, KINESIOLOGY, MATH, AVIATION, ACCOUNTANCY, NURSING, EXERCISE SCIENCE, AND COMPUTER SCIENCE. JESSUP ALSO OFFERS THREE ASSOCIATE DEGREES. JESSUP PROVIDES A HOLISTIC EDUCATIONAL EXPERIENCE FOR ITS RESIDENTIAL AND COMMUTER STUDENTS. THE UNIVERSITY LEARNING COMMONS PROVIDES ENTRY LEVEL AND CONTINUING EDUCATIONAL SUPPORT SERVICES FOR SPECIAL NEEDS AND AT-RISK STUDENTS THROUGH A TEAM OF ACADEMIC SPECIALISTS, SUCCESS COACHES, AND TUTORS. EXPERT FACULTY WHO ARE SELECTED AND APPOINTED FOR THEIR ACADEMIC EXPERTISE, PROFESSIONAL EXPERIENCE, MISSIONAL FIT, AND ABILITY TO TEACH IN AN ACCELERATED ADULT CLASSROOM, CAPITALIZE ON THE ADULT LEARNER'S TRAINING AND EXPERIENCE TO HELP THEM GROW IN THEIR EXPERT KNOWLEDGE OF THE SUBJECT MATTER AS WELL AS THE ABILITY TO THINK, WRITE, READ, AND SPEAK WELL. THE ADC EDUCATIONAL EXPERIENCE SEEKS TO BRING THE WORLD OF WORK INTO THE CLASSROOM AND TAKE THE KNOWLEDGE AND EXPERIENCE OF THE CLASSROOM BACK INTO THEIR RESPECTIVE WORK SITUATIONS. FOSTERING A STUDENT'S PASSION FOR KNOWLEDGE, PROFESSIONAL GROWTH AND DEVELOPMENT, AND MATTERS OF PERSONAL FAITH AND SPIRITUAL FORMATION REFLECTS THE SPIRIT OF JESSUP'S ADULT DEGREE COMPLETION PROGRAMS IN BUSINESS ADMINISTRATION, PSYCHOLOGY, AND LEADERSHIP. 1554404 379443 5029371 GRADUATE EDUCATION: JESSUP OFFERS A GROWING ARRAY OF HIGH QUALITY GRADUATE DEGREES, EACH DESIGNED TO OFFER AN ADVANCED-LEVEL EDUCATIONAL EXPERIENCE TAUGHT BY HIGHLY QUALIFIED FACULTY WHO SHARE PERSONAL CONCERN FOR EACH STUDENT'S SPIRITUAL DEVELOPMENT AND PERSONAL WELL-BEING. CURRENT OFFERINGS SERVE OVER 350 STUDENTS AND INCLUDE A MA OF ACCOUNTANCY, MA IN TEACHING, MA IN EDUCATION, MBA, AN INTERNATIONAL MBA, MS IN COMPUTER SCIENCE, MA IN COUNSELING PSYCHOLOGY, MA IN LEADERSHIP, AND A MS IN KINESIOLOGY. WE HAVE ALSO ADDED, THROUGH OUR MULNOMAH CAMPUS, DEGREES INCLUDING A MA OF DIVINITY, MA OF BIBLICAL STUDIES, MA OF GLOBAL DEVELOPMENT AND JUSTICE, AND A DOCTOR OF MINISTRY DEGREE. (CONTINUED ON SCHEDULE O)JESSUP IS SELECTIVELY BUILDING HIGH-QUALITY GRADUATE DEGREES THAT SERVE STUDENT INTERESTS AND MARKETPLACE DEMANDS BASED ON THE CORE ACADEMIC STRENGTHS OF ITS PROGRAMS AND FACULTY. BOTH THESIS-BASED AND PROFESSIONAL DEGREE PROGRAMS PROVIDE OPPORTUNITIES FOR CRITICAL THINKING, SPEAKING, AND WRITING WITH THE GOAL OF PREPARING KNOWLEDGEABLE AND HIGHLY QUALIFIED GRADUATES WHO MAY PURSUE ADDITIONAL GRADUATE STUDY AND/OR PROFESSIONAL CAREERS. INTERNSHIP OPPORTUNITIES AND EXPERIENTIAL LEARNING EMPHASES PROVIDE STUDENTS WITH HANDS-ON OPPORTUNITIES TO PROMOTE THEIR PROFESSIONAL DEVELOPMENT. 537706 269495 1819273 ONLINE EDUCATION:THE GROWTH OF ONLINE OPTIONS AND PROGRAMS NOW INCLUDES STUDENTS ACROSS ALL DEGREE PLATFORMS, AS JESSUP SERVES OVER 1200 STUDENTS ONLINE, WITH NEARLY 250 PARTICIPATING IN 10 FULLY ONLINE DEGREE PROGRAMS. UNDERGRADUATE ONLINE DEGREES INCLUDE BUSINESS, BIBLE AND THEOLOGY, COMPUTER SCIENCE, CRIMINAL JUSTICE, HEALTH CARE ADMINISTRATION, LEADERSHIP, PSYCHOLOGY, AND APPLIED PROFESSIONAL STUDIES.(CONTINUED ON SCHEDULE O)GRADUATE ONLINE DEGREES INCLUDE: MASTER OF COUNSELING PSYCHOLOGY (REMOTE SYNCHRONOUS), MASTER OF SCIENCE IN KINESIOLOGY, MASTER OF BUSINESS ADMINISTRATION, MASTER OF ARTS IN LEADERSHIP, MASTER OF ARTS IN EDUCATION, MASTER OF SCIENCE IN MANAGEMENT AND LEADERSHIP, AND MASTER OF ACCOUNTANCY (REMOTE SYNCHRONOUS). ONLINE DEGREES PROVIDE FLEXIBLE LEARNING PLATFORMS THAT ALLOW STUDENTS WHO WORK TO ACCESS FACULTY AND CURRICULUM IN A CONVENIENT FORMAT. SIMILARLY, LIBRARY RESOURCES AND STUDENT SUPPORT SERVICES ARE ALSO ACCESSIBLE ONLINE. FINALLY, BOTH JESSUP'S UNDERGRADUATE AND GRADUATE DEGREES HAVE THE SAME GRADUATION REQUIREMENTS AND SHARE FACULTY WITH THE ON-GROUND DEGREES. 73569265 1 1 0 1 0 0 1 1 1 1 1 0 0 0 1 0 0 1 1 0 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 1 1 0 1 0 1 1 0 0 0 1 1 1 0 0 1 2346 0 1 1044 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 16 12 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AK CA CO DC MA MD MI NH NV NY OH OK OR SC WA WI X MIKE OEI 9165772200 2121 UNIVERSITY AVENUE ROCKLIN CA 95765 JOHN JACKSON PRESIDENT/TRUSTEE 40.00 X X 221706 0 173921 BONNIE GORE CHAIRMAN 1.00 X X 0 0 0 RICK PICKERING VICE CHAIR 1.00 X X 0 0 0 STEVEN OLDS TREASURER 1.00 X X 0 0 0 EDWARD LEE SECRETARY 1.00 X X 0 0 0 LAURA CHIAPPE TRUSTEE 1.00 X 0 0 0 PAUL EDWARDS TRUSTEE 1.00 X 0 0 0 NICK GARZA TRUSTEE 1.00 X 0 0 0 CHRIS MANN TRUSTEE 1.00 X 0 0 0 CHRISTA PROCTOR TRUSTEE 1.00 X 0 0 0 JENNIFER SILVA GRIFFIN TRUSTEE 1.00 X 0 0 0 TAMARA BENNETT TRUSTEE 1.00 X 0 0 0 HARLYN MATSON TRUSTEE 1.00 X 0 0 0 TED GAINES TRUSTEE 1.00 X 0 0 0 JOYCE SCHROEDER TRUSTEE 1.00 X 0 0 0 BRENT MESQUIT TRUSTEE 1.00 X 0 0 0 JUDITH RENTZ VP FOR OPERATIONS/COO 40.00 X 196882 0 30190 MICHELLE NORMAN VP OF FINANCE/CFO(PART YEAR) 40.00 X 0 0 0 ALLISON WEBB VP OF FINANCE/CFO 40.00 X 0 0 0 JENNIFER MILLAR NURSING PROGRAM DIRECTOR 40.00 X 146471 0 645 AHMAD SHAAR MBA & MSCS PROGRAM DIRECTOR, ASSOCIATE PROFESSOR 40.00 X 143530 0 11634 GEORGE STUBBLEFIELD PROFESSOR/DEAN SCHOOL OF NAT & APPLIED SCIENCE 40.00 X 143745 0 28060 LANCE VON VOGT VP OF ATHLETICS 40.00 X 147057 0 20969 KAY LLOVIO VP EDUCATIONAL EFFECTIVENESS 40.00 X 137663 0 43832 1137054 0 309251 20 0 1 0 BON APPETIT 1000 WEST TEMPLE STREET LOS ANGELES CA 900740196 FOOD SERVICES (INCLUDES MATERIALS) 2014467 TERRAVIEW PARTNERS LLC 1236 OAK HILL TERRACE MT PLEASANT SC 29466 COMMERCIAL REAL ESTATE CONSULTING AND MA 825000 GLOBAL EDUCATION GROUP LLC 1611 EAST 2ND STREET 51 CASPER WY 82601 TUITION SHARING 795111 GOMES CONSULTING GROUP LLC PO BOX 1239 RIDGEFIELD WA 98642 MARKETING/REVENUE CONSULTING PROJECT 610455 MACH 5 AVIATION INC 2409 RICKENBACKER WAY AUBURN CA 95602 AVIATION FLIGHT SERVICES FOR STUDENTS 485474 10 17361 728285 9346728 2559682 10092374 TRADITIONAL EDUCATION 611310 41623228 41623228 AUXILARY 611310 7138378 7138378 GRADUATE 611310 5029371 5029371 ONLINE 611310 1819273 1819273 55610250 143114 143114 232315 232315 1298335 446403 851932 851932 851932 908015 808207 5258182 99808 -5258182 -5158374 -5158374 13820 17361 24771 -10951 -10951 61760660 55610250 0 -3941964 11155 11155 21248122 21248122 755707 619680 105799 30228 559683 253810 207176 98697 25560162 21164462 3449603 946097 336815 276188 47154 13473 4013195 3290820 561847 160528 1864292 1528719 261001 74572 72000 59040 10080 2880 723644 593388 101310 28946 87420 87420 15000 15000 10234 10234 6379842 5243770 880278 255794 971666 817079 139501 15086 3198563 2552495 308855 337213 852262 698855 119317 34090 3789614 3027131 593042 169441 2478166 2032096 346943 99127 179557 147237 25138 7182 5440525 4461231 761673 217621 3581901 2937159 501466 143276 547291 448779 76621 21891 ACADEMIC TOOLS 1007648 826271 141071 40306 BAD DEBT EXPENSE 745464 611280 104365 29819 STUDENT ACTIVITIES 448725 365947 64383 18395 STAFF DEVELOPMENT 159183 130530 22286 6367 274783 224021 39482 11280 85312619 73569265 8981045 2762309 735735 388138 13762628 5206617 2764471 2234957 1079863 891075 2598810 1616929 32746 31863 1174977 884149 151429005 37797833 131166334 113631172 251304 471785 537197 628517 2251478 3918838 156355543 129904040 6664199 6255925 6023365 3657345 70180977 68676660 691765 601439 900000 22677425 16399428 2502515 10000000 1585167 893327 110325413 107384124 X 36822254 11460435 9207876 11059481 46030130 22519916 156355543 129904040 X -23551959 -56579 98324 X 0 1 X 1 1 1 X 8407621 14403713 12245745 29806266 10092374 74955719 8407621 14403713 12245745 29806266 10092374 74955719 11562713 63393006 152060 165891 566727 393373 1673764 2951815 1821 1821 77909355 240038999 0.81370 0.73460 X SCHEDULE A, PART II: THE ORGANIZATION IS A SCHOOL AS DESCRIBED UNDER 170(B)(1)(A)(II) AND IS NOT REQUIRED TO COMPLETE A PUBLIC SUPPORT SCHEDULE. SCHEDULE A, PART II IS COMPLETED TO VERIFY THE SCHOOL CAN QUALIFY UNDER PUBLIC CHARITY STATUS SECTION 170(B)(1)(A)(VI) AND, THEREFORE, QUALIFIES TO USE THE FIRST LISTED SPECIAL RULE FOR SCHEDULE B REPORTING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 15000 15000 0 PART II-B, LINE 1: ANNUAL MEMBERSHIP AND ADVOCACY FEES PAID TO ORGANIZATIONS THAT LOBBY AGAINST LEGISLATION THAT WOULD BE DETRIMENTAL TO CALIFORNIA CHRISTIAN UNIVERSITIES. X 1 402.00 0 0 0 1 1 90.00 0 130530 X 0 0 1 X 7115387 264269 137146 210534 7306268 5892737 975907 452132 205389 7115387 5381204 411925 291437 191829 5892737 5507811 778514 -718865 186256 5381204 4222136 430054 1005106 149485 5507811 0.14710 0.85290 0 0 33617546 23377047 56994593 78245881 26111110 52134771 15530994 11664506 3866488 657537 22217 635320 113631172 OPERATING LEASE OBLIGATION 893327 893327 41033607 -56579 7229 580653 531303 40502304 10234 21248122 21258356 61760660 64532666 7229 471174 478403 64054263 10234 21248122 21258356 85312619 PART II, LINE 9: CONSERVATION EASEMENT IS AT CLOVER VALLEY. ALL EXPENSES ARE RECORDED IN THAT DEPARTMENT. FOR THE BALANCE SHEET, THE LAND IS HELD AT ITS REDUCED FAIR VALUE PROVIDED FROM CALCULATION OF TAXABLE VALUE FROM PLACER COUNTY. PART IV, LINE 2B: CUSTODIAL ACCOUNTS PAYABLE ARE PREPAID TUITION AMOUNTS HELD FOR STUDENTS. PART V, LINE 4: THE ENDOWMENT WAS ESTABLISHED TO FUND STUDENT SCHOLARSHIPS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 446,403. CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUST 98,324. FUNDRAISING EVENT EXPENSES 24,771. ASSET TRANSFER TO WJUF 11,155. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID NETTED WITH REVENUE PER FINANCIAL STATEMENTS 21,248,122. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 446,403. FUNDRAISING EVENT EXPENSES 24,771. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID NETTED WITH REVENUE PER FINANCIAL STATEMENTS 21,248,122. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE HOMEPAGE ON THE UNIVERSITY'S WEBSITE STATES THAT "JESSUP UNIVERSITY ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY AFFORDED OR MADE AVAILABLE TO STUDENTS AT THE UNIVERSITY. JESSUP DOES NOT UNLAWFULLY DISCRIMINATE ON THE BASIS OF SEX, RACE, COLOR, NATIONAL AND ETHNIC ORIGIN, AGE, DISABILITY, OR STATUS AS A VETERAN IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, OR SCHOLARSHIP AND LOAN PROGRAMS AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS." THE UNIVERSITY ALSO INCLUDES ITS NONDISCRIMINATORY POLICY ON THE ADMISSIONS APPLICATION AND UNIVERSITY CATALOG. SCHEDULE E, PART I, LINE 6 FEDERAL FINANCIAL AID FUNDS ARE RECEIVED FROM THE U.S. DEPARTMENT OF EDUCATION UNDER THE AUTHORITY OF TITLE IV OF THE HIGHER EDUCATION ACT. THE STUDENT FINANCIAL ASSISTANCE PROGRAMS OFFERED BY THE INSTITUTION ARE THE COLLEGE WORK STUDY PROGRAM (FWS), SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM (SEOG), PELL GRANT PROGRAM (PELL), AND THE FEDERAL DIRECT STUDENT LOAN PROGRAM. EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD 19637 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD 15000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES MISSION TRIPS 65787 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES MISSION TRIPS 41001 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES MISSION TRIPS 48403 SOUTH AMERICA 0 0 PROGRAM SERVICES MISSION TRIPS 64814 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES MISSION TRIPS 73008 0 0 0 0 0 0 327650 0 327650 0 0 0 0 0 0 PART I, LINE 3: THE ORGANIZATION TRACKED EXPENDITURES IN ACCORDANCE WITH ACCRUAL BASIS OF ACCOUNTING. GOLF CLASSIC 31181 17361 13820 9881 12000 2890 31181 17361 13820 9881 12000 2890 24771 -10951 1 THE JESSUP FOUNDATION INC 2121 UNIVERSITY AVE ROCKLIN CA 95765 921175763 501(C)(3) 11155 0 ORGANIZATION SUPPORT 1 0 SCHOLARSHIPS 1534 21248122 PART I, LINE 2: THE FINANCIAL AID OFFICE AT WILLIAM JESSUP UNIVERSITY REQUIRES STUDENTS TO COMPLETE THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) FORM TO DETERMINE ELIGIBILITY FOR FEDERAL, STATE, AND INSTITUTIONAL GRANTS, SCHOLARSHIPS, AND LOANS. THIS IS AN EQUITABLE FORMULA THAT MEASURES ALL ASSETS CONSISTENTLY. ENROLLMENT AND ELIGIBILITY ARE MONITORED BY THE UNIVERSITY. FINANCIAL AID AWARDED IS APPLIED DIRECTLY TO STUDENT ACCOUNTS, AND NO CASH CHANGES HANDS. OCCASIONAL GRANTS ARE AWARDED TO 501(C)(3) ORGANIZATIONS THAT SUPPORT EDUCATION OR THE LOCAL COMMUNITY AND WHOSE EXEMPT PURPOSE ARE CONSISTENT WITH THE UNIVERSITY'S MISSION. X 1 1 X X 0 0 0 0 0 0 0 1 0 JOHN JACKSON PRESIDENT/TRUSTEE 123536 0 98170 0 0 0 69000 0 104921 0 395627 0 0 0 JUDITH RENTZ VP FOR OPERATIONS/COO 190982 0 5000 0 900 0 28770 0 1420 0 227072 0 0 0 KAY LLOVIO VP EDUCATIONAL EFFECTIVENESS 135163 0 2500 0 0 0 4293 0 39539 0 181495 0 0 0 GEORGE STUBBLEFIELD PROFESSOR/DEAN SCHOOL OF NAT & APPLI 128745 0 0 0 15000 0 1950 0 26110 0 171805 0 0 0 LANCE VON VOGT VP OF ATHLETICS 144557 0 2500 0 0 0 4662 0 16307 0 168026 0 0 0 AHMAD SHAAR MBA & MSCS PROGRAM DIRECTOR, ASSOCIA 143530 0 0 0 0 0 0 0 11634 0 155164 0 0 0 PART I, LINE 1A BECAUSE THE PRESIDENT AND OTHER STAFF MEMBERS ARE ORDAINED MINISTERS, THE BOARD MAY DESIGNATE A PORTION OF THEIR COMPENSATION AS A HOUSING ALLOWANCE. SUCH DESIGNATIONS ARE APPROVED IN ADVANCE AND RECORDED IN THE BOARD MINUTES AS REQUIRED BY IRS REGULATIONS. PURSUANT TO INTERNAL REVENUE CODE SECTION 107, THE MINISTERIAL HOUSING ALLOWANCE IS NOT INCLUDED IN TAXABLE COMPENSATION. J. JACKSON, PRESIDENT, RECEIVED A HOUSING ALLOWANCE. PART I, LINE 7 JOHN JACKSON, PRESIDENT RECEIVED $87,000 FOR SECTION 162 EXECUTIVE BONUS PLAN AND $11,170 BONUS DURING THE FISCAL YEAR ENDING 6/30/25 AND CALENDAR YEAR 2024. THESE WERE DISCRETIONARY AMOUNTS APPROVED BY THE BOARD AND INCLUDED IN HIS TAXABLE WAGES. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13048VJF6 2019-05-08 78905343 REFUNDING ISSUE OF TAXABLE BONDS 6/24/2014 AND 5/26/2015 0 0 0 A 10703935 79612910 5419567 1155770 4000000 69037573 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 1 A 1 SCHEDULE K, PART II, LINE 3: TOTAL PROCEEDS OF ISSUE THE AMOUNT ON PART II, LINE 3 FOR TOTAL PROCEEDS OF ISSUE VARIES FROM THE ISSUE PRICE LISTED IN PART I, COLUMN (E) DUE TO INVESTMENT INCOME EARNED ON BOND PROCEEDS. SCHEDULE K, PART IV, LINE 2C: REBATE COMPUTATION THE ORGANIZATION IS IN THE PROCESS OF PERFORMING THE REBATE CALCULATION. PASTORPRENEUR MINISTRIES FOUNDER/PRESIDENT OF THE BOARD TO PROVIDE TEMPORARY OPERATING CASH FLOW SHORTFALL X 900000 900000 0 1 1 900000 750 TUITION ASSISTANCE EDUCATION BENJAMIN HUFFMAN FAMILY RELATIONSHIP WITH JUDY RENTZ, COO 189277 COMPENSATION 0 JAMES JESSUP FAMILY RELATIONSHIP WITH JOHN JACKSON, PRESIDENT 98697 COMPENSATION 0 JENNIFER BLAIR FAMILY RELATIONSHIP WITH JOHN JACKSON, PRESIDENT 88538 COMPENSATION 0 PORFIRIO GARZA FAMILY RELATIONSHIP WITH NICK GARZA, BOARD TRUSTEE 85336 COMPENSATION 0 CASSANDRA GARZA FAMILY RELATIONSHIP WITH NICK GARZA, BOARD TRUSTEE 53850 COMPENSATION 0 JESSICA RENTZ FAMILY RELATIONSHIP WITH JUDY RENTZ, COO 14188 COMPENSATION 0 ROBERT GORE FAMILY RELATIONSHIP WITH BONNIE GORE, BOARD TRUSTEE 11738 COMPENSATION 0 X 1000 FMV X 9750 FMV X 17 120323 CLOSING VALUE X 2 2377841 FMV X PARKING LOT PAVING 1 50768 FMV 0 0 1 1 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENT THE NUMBER OF CONTRIBUTIONS RECEIVED, NOT THE NUMBER OF ITEMS DONATED. PART I, LINE 32B: WJU USED A THIRD PARTIES TO SELL REAL ESTATE - MULTNOMAH CAMPUS OF JESSUP UNIVERSITY AND CLOVER VALLEY CONSERVATION PROPERTIES. FORM 990, PART VI, SECTION A, LINE 1A THE ORGANIZATION HAS AN EXECUTIVE COMMITTEE THAT HAS THE BROAD AUTHORITY TO ACT ON BEHALF OF THE FULL BOARD. THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIRMAN, VICE CHAIRMAN, SECRETARY, TREASURER, PRESIDENT, AND TWO TRUSTEES. FORM 990, PART VI, SECTION A, LINE 3 WILLIAM JESSUP UNIVERSITY ENTERED INTO AN AGREEMENT WITH DANNAH INVESTMENT GROUP FOR CFO SERVICES FOR MICHELLE NORMAN. THE SERVICES SHE PROVIDED INCLUDED SUPERVISING FINANCE TEAM PERSONNEL, PLANNING AND EXECUTING FINANCIAL AND CASH FLOW OPERATIONS, AND PREPARING AND PROVIDING FINANCIAL REPORTS TO LEADERSHIP AND THE BOARD. A TOTAL OF $72,000 WAS PAID TO DANNAH INVESTMENT GROUP DURING THE YEAR ALLOCATED TO HER CFO ROLE FOR WILLIAM JESSUP UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT TAX PREPARER AND REVIEWED IN DETAIL BY THE ORGANIZATION'S TOP MANAGEMENT. THE REVIEWED FORM 990, WITH SCHEDULE B REDACTED, IS THEN FORWARDED TO THE BOARD BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD EXPECTS OF ITSELF AND ITS MEMBERS ETHICAL AND BUSINESSLIKE CONDUCT. BOARD MEMBERS MUST REPRESENT UNCONFLICTED LOYALTY TO THE INTERESTS OF THE ENTIRE ORGANIZATION, SUPERSEDING ANY CONFLICTING LOYALTY SUCH AS THAT TO ADVOCACY OR INTEREST GROUPS AND MEMBERSHIP ON OTHER BOARDS OR STAFFS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF THE COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. TO ENSURE THE UNIVERSITY OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS ARE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD IS TASKED WITH THE ANNUAL PERFORMANCE REVIEW AND COMPENSATION RECOMMENDATIONS FOR THE UNIVERSITY PRESIDENT. THE BOARD OF TRUSTEES ESTABLISHES THE SALARY AND BENEFITS OF THE PRESIDENT, AND THE PRESIDENT ESTABLISHES THE SALARIES OF OTHER EXECUTIVE OFFICERS. THE REASONABLENESS OF COMPENSATION IS DETERMINED ANNUALLY USING RELEVANT COMPENSATION STUDIES FOR ALL POSITIONS WITHIN THE UNIVERSITY. THE BOARD-APPROVED COMPENSATION OF THE PRESIDENT IS DOCUMENTED BY THE BOARD CHAIR AND A NOTICE IS SENT TO THE HUMAN RESOURCES DEPARTMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUSTS 98,324. THE JESSUP FOUNDATION INC 2121 UNIVERSITY AVE ROCKLIN CA 95765 921175763 SUPPORTING ORGANIZATION CA 501(C)(3) LINE 7 WILLIAM JESSUP UNIVERSITY 1 JESSUP GLOBAL 8435 NE GLISAN ST PORTLAND OR 97220 331978686 SUPPORTING ORGANIZATION OR 501(C)(3) LINE 7 WILLIAM JESSUP UNIVERSITY 1 IRREVOCABLE PERPETUAL TRUSTS (2) HOLD ASSETS AND REMIT INCOME TO UNIVERSITY CA WILLIAM JESSUP UNIVERSITY 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 THE JESSUP FOUNDATION INC R 242500 CASH EQUIVALENTS WERE TRANSFERRED