2026-05-05T09:01:25-05:00 2025-06-30 332621854 CRI CAPIN CROUSE ADVISORS LLC 345 MASSACHUSETTS AVE STE 300 INDIANAPOLIS IN 46204 990 2024-07-01 941312349 CORBAN UNIVERSITY CORB 5033757020 5000 DEER PARK DRIVE SE SALEM OR 97317 JORDAN K WADE VP OF BUSINESS/CBO 5033757020 2026-05-04 1 0 ASHLEY PEABODY P01385870 5055022746 2026-05-04 2024 2025-03-06 01:10:19Z JOHN MARK YEATS 5000 DEER PARK DRIVE SE SALEM OR 97317 34368188 0 X WWW.CORBAN.EDU X 1935 OR EDUCATE CHRISTIANS TO MAKE A DIFFERENCE IN THE WORLD FOR JESUS CHRIST. 18 18 520 117 0 0 3728138 2155559 30769459 31004290 299099 1014568 123497 120200 34920193 34294617 14283026 14240389 0 0 10015946 9720228 0 0 636011 9939511 9763768 34238483 33724385 681710 570232 26036676 27289379 7469368 8065502 18567308 19223877 CORBAN UNIVERSITY'S GOAL IS TO EQUIP MEN AND WOMEN WHO WILL BRING CHARACTER TO THEIR COMMUNITIES AND COMPETENCE TO THEIR CAREERS, ALL TO THE GLORY OF CHRIST. 0 0 27219314 14240389 24450785 TUITION AND FEES USED TO PROVIDE ALMOST 50 UNDERGRADUATE, GRADUATE AND DOCTORAL PROGRAMS, BOTH ON CAMPUS AND ONLINE TO APPROXIMATELY 1,000 STUDENTS. EACH PROGRAM COMBINES ACADEMIC EXCELLENCE WITH CHRISTIAN PRINCIPLES AND PURPOSE, INTEGRATING A BIBLICAL WORLDVIEW IN EVERY CLASS. 1962954 6553505 TO PROVIDE ON-CAMPUS STUDENT HOUSING AND FOOD SERVICES FOR OVER 400 STUDENTS ANNUALLY. 29182268 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1362 0 1 520 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OR X JULIE HAUPT 5033757000 5000 DEER PARK DR SALEM OR 97317 RODNEY HOFF CHAIR OF BOARD OF TRUSTEES 3.00 X X 0 0 0 JAMES GLEASON SECRETARY BOARD OF TRUSTEES 3.00 X X 0 0 0 CHUCK LIND TRUSTEE 1.00 X 0 0 0 CORNELIUS WILLIAMS TRUSTEE 1.00 X 0 0 0 CRAIG HARDINGER TRUSTEE 1.00 X 0 0 0 DEANNA GARDINER-GARCIA TRUSTEE 1.00 X 0 0 0 ED DRESSEL TRUSTEE 1.00 X 0 0 0 JIM WHITE TRUSTEE 1.00 X 0 0 0 JOE BEATTIE TRUSTEE 1.00 X 0 0 0 LEE ROBERSON TRUSTEE 1.00 X 0 0 0 MARK HANKE TRUSTEE 1.00 X 0 0 0 PATTI GARRIDO TRUSTEE 1.00 X 0 0 0 SERGIO AGUIRRE TRUSTEE 1.00 X 0 0 0 VALERIE WEBB TRUSTEE 1.00 X 0 0 0 JENNI BURKE TRUSTEE 1.00 X 0 0 0 JEFF TRYKA TRUSTEE 1.00 X 0 0 0 RODGER PAGE TRUSTEE 1.00 X 0 0 0 MIKE PATTERSON TRUSTEE 1.00 X 0 0 0 JOHN MARK YEATS PRESIDENT 40.00 X 214110 0 120423 TOM CORNMAN PROVOST 40.00 X 170143 0 54162 SHANNON JOHNSON VP FOR ADVANCEMENT 40.00 X 124738 0 9366 BRIAN JAWORSKI VP FOR STUDENT LIFE 40.00 X 103550 0 23074 MECHELLE GARRETT ASSOC PROVOST COMMUNITY BELONGING 40.00 X 82345 0 9248 JORDAN LINDSEY ASSOC. VP FOR ENROLLMENT/MARKETING 40.00 X 78867 0 15312 JORDAN K WADE VP FOR BUSINESS /CBO 40.00 X 140247 0 2901 AARON IMIG VP FOR ACADEMIC ADMIN 40.00 X 0 0 0 BRYCE BERNARD PROFESSOR OF BUSINESS 40.00 X 119410 0 18252 1033410 0 252738 6 0 1 0 SODEXO PO BOX 360170 PITTSBURGH PA 152516170 DINING & SERVICE CONTRACT 3146764 TK ELEVATOR PO BOX 3796 CAROL STREAM IL 601323796 ELEVATOR REPAIR & SERIVCE 202772 SUMMIT CLEANING PO BOX 493 STAYTON OR 97383 RESTORATION SERVICES 192592 CD REDDING CONSTRUCTION 2837 22ND ST STE 155 SALEM OR 97302 REPAIRS & REMODEL 165804 SERVICEMASTER 2275 JUDSON ST SE SALEM OR 97302 REMEDIATION SERVICES 155399 6 197890 1957669 23990 2155559 TUITION AND FEES 611310 24450785 24450785 AUXILIARY SERVICES 611310 5665343 5665343 888162 888162 31004290 1019453 1019453 127804 0 127804 127804 127804 23990 5000 23990 9885 0 -4885 -4885 -4885 32092 197890 39696 -7604 -7604 34294617 31004290 0 1134768 14240389 14240389 1176359 578064 460305 137990 1332 1332 7132587 5811180 1060774 260633 49996 38789 8805 2402 729363 565217 128884 35262 630591 488674 111430 30487 2657 2657 79625 79625 25642 25642 2820646 2477357 309481 33808 254074 60489 183002 10583 531864 316180 149235 66449 543217 91353 442407 9457 2382703 1965730 416973 964435 895866 22365 46204 106905 98508 5661 2736 352008 290407 61601 1127175 929919 197256 270112 31441 238671 BAD DEBT 215420 215420 INSTRUCTIONAL COST 74887 74887 INSTITUTIONAL/ACADEMIC 12398 12398 33724385 29182268 3906106 636011 281651 296053 4451851 9261798 2496721 637701 370034 209055 27114 24327 32038 52591 35376191 20967121 15173134 14409070 2627737 2875506 99674 0 26036676 27289379 706528 723557 274052 354350 5190108 5987595 1197422 1000000 101258 7469368 8065502 X 15325230 15719502 3242078 3504375 18567308 19223877 26036676 27289379 570232 86337 0 X 0 1 X 1 1 1 X 5044268 5217233 4383163 3728138 2155559 20528361 5044268 5217233 4383163 3728138 2155559 20528361 396759 20131602 217616 308429 400283 420329 1147257 2493914 15073 7240 22313 18094 18094 23062682 162160367 0.87290 0.91470 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2023 AMOUNT: $ 18,094. 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 251735 X 0 1931844 53790 65085 1920549 761452 1157297 46576 33481 1931844 777769 1250 -17567 761452 627740 223125 -73096 777769 562293 65447 627740 0.00000 1.00000 0.00000 0 0 858078 858078 31665843 19394821 12271022 2165970 1572300 593670 686300 686300 14409070 20180261 86337 39696 126033 20054228 14240389 14240389 34294617 19523692 39696 39696 19483996 14240389 14240389 33724385 PART III, LINE 4: LOCATED ON THE SECOND FLOOR OF CORBAN'S LIBRARY, THE PREWITT-ALLEN ARCHAEOLOGICAL MUSEUM HOUSES A RARE COLLECTION OF OVER 900 ARTIFACTS AND REPLICAS FROM THE MIDDLE EAST AND GREECE, RANGING FROM 7TH CENTURY EGYPT TO 18TH CENTURY OTTOMAN EMPIRE (MODERN-DAY IRAQ). VISITORS ARE WELCOME TO PERUSE THE MUSEUM AS WELL AS SCHOOL FIELD TRIPS, SENIOR CITIZEN GROUPS, AND CHURCH GROUPS. PART V, LINE 4: THE EARNINGS ON THE ENDOWMENT IS TO BE USED TO AWARD SCHOLARSHIPS BASED ON DONOR GUIDANCE. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 39,696. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 14,240,389. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 39,696. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 14,240,389. 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 ORGANIZATION CURRENTLY ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS CONSISTENT WITH THE PUBLICITY EXCEPTION FOUND IN REV. PROC. 75-50 SECTION 4.03(2)(C). SCHEDULE E, PART I, LINE 6 STUDENTS ATTENDING THE UNIVERSITY MAY OBTAIN FINANCIAL ASSISTANCE FROM GRANTS AND OTHER GOVERNMENT PROGRAMS. THESE PROGRAMS INCLUDE FEDERAL WORK STUDY, FEDERAL PELL GRANT, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, FEDERAL DIRECT LOAN PROGRAM, FEDERAL TEACH GRANT, AND THE OREGON OPPORTUNITY GRANT. SCHOLARSHIP DINNER 130610 119350 11260 500 11396 6482 AG SCIENCE DINNER 68483 60508 7975 5461 2971 1 30889 18032 12857 8020 1200 3666 229982 197890 32092 8520 18057 13119 39696 -7604 1 STUDENT SCHOLARSHIPS 782 14214319 VISION/CALL GRANT 2 26070 PART I, LINE 2: THE ORGANIZATION UTILIZES POWERFAIDS FINANCIAL AID SOFTWARE AND THE POPULI STUDENT SYSTEM TO MONITOR AND ENSURE THAT FINANCIAL AID GRANTS ARE AWARDED ACCORDING TO UNIVERSITY, STATE AND FEDERAL GUIDELINES. NO CASH CHANGES HANDS, AND FUNDS ARE DIRECTLY TIED TO STUDENT ACCOUNTS. VISION & CALL GRANT WAS AWARDED TO SELECTED INTERNS PARTICIPATING IN THE VISION AND CALL INTERNSHIP PROGRAM. FUNDS MUST BE USED SOLELY FOR THE APPROVED PROJECT AND BUDGET. INTERNS ARE SELECTED THROUGH AN INTERVIEW PROCESS WITH REGULARLY SCHEDULED ADVISOR MEETINGS. THE GRANTS ARE MONITORED THROUGH THE RECEIPT OF PROGRESS REPORTS AND FINAL REPORTS DUE DURING THE INTERNSHIP. ANY UNUSED FUNDS ARE RETURNED. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 JOHN MARK YEATS PRESIDENT 214110 0 0 0 0 0 2300 0 118123 0 334533 0 0 0 TOM CORNMAN PROVOST 170143 0 0 0 0 0 44727 0 9435 0 224305 0 0 0 PART I, LINE 1A THE PRESIDENT'S SPOUSE TRAVELLED ON OCCASION WITH HIM FOR BONAFIDE BUSINESS PURPOSES. THEREFORE, IT IS NOT TREATED AS TAXABLE COMPENSATION. PURSUANT TO INTERNAL REVENUE CODE SECTION 107, MINISTERIAL HOUSING ALLOWANCES ARE PROVIDED FOR QUALIFYING MINISTERIAL EMPLOYEES. THIS IS NOT INCLUDED IN TAXABLE COMPENSATION. THE PROVOST MET THE QUALIFICATIONS AND RECEIVED A MINISTERIAL HOUSING ALLOWANCE DURING THE TAX YEAR. AS A CONDITION OF EMPLOYMENT, AND AS A CONVENIENCE TO THE UNIVERSITY THE PRESIDENT IS PROVIDED A HOME ON UNIVERSITY GROUNDS. THIS HOME IS PROVIDED AS A NONTAXABLE BENEFIT TO THE PRESIDENT. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPOSED OF THE BOARD COMMITTEE CHAIRS. THE EXECUTIVE COMMITTEE SHALL CONDUCT TRUSTEE BUSINESS BEFORE AND BETWEEN REGULAR BOARD MEETINGS IF NECESSARY AS WELL AS BRING IMPORTANT INFORMATION AND RECOMMENDATIONS TO THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT TAX PREPARER, AND THE FORM 990 IS REVIEWED IN DETAIL BY THE VP FOR BUSINESS AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. A COPY OF THE RETURN IS SENT TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND OFFICERS SIGN ANNUAL CONFLICT OF INTEREST STATEMENTS THAT ARE REVIEWED BY THE BOARD DEVELOPMENT CHAIR. THE PRESIDENT'S OFFICE AND BOARD SECRETARY REVIEW THE DISCLOSURE STATEMENT SIGNED BY THE DEVELOPMENT CHAIR. SHOULD ANY POTENTIAL CONFLICTS OF INTEREST BE DISCLOSED, THE BOARD MEMBER OR OFFICER WOULD BE ASKED TO REFRAIN FROM PARTICIPATION IN ANY DELIBERATION OR DECISION WITH REGARD TO MATTERS AFFECTED BY THE RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 15 15A: THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWED COMPENSATION FOR THE RENEWAL OF THE CONTRACT OF THE PRESIDENT OF THE UNIVERSITY AND MADE A RECOMMENDATION TO THE BOARD OF TRUSTEES. THE BOARD APPROVED THE CONTRACT BEFORE BEING ISSUED AND SIGNED BY THE PRESIDENT OF THE UNIVERSITY. THE FINANCE COMMITTEE EXAMINED THE COMPENSATION OF SIMILAR INSTITUTIONS. THE APPROVAL PROCESS IS DOCUMENTED IN THE BOARD MINUTES. 15B: COMPENSATION FOR OTHER OFFICERS IS REVIEWED BY THE PRESIDENT AND HUMAN RESOURCE DIRECTOR USING COMPARABILITY DATA. THE PROCESS IS DOCUMENTED WITH HR. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.