2024-04-24T08:47:59-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 2875 MICHELLE DRIVE 300 IRVINE CA 92606 990 2022-07-01 931022351 UNIVERSITY OF THE WEST UNIV 6265718811 1409 WALNUT GROVE AVE ROSEMEAD CA 917703709 DR HOA MINH TA PRESIDENT 6265718811 2024-04-23 1 DR HOA MINH TA 999009999 1 LISA N RYSSEL CPA P00643670 7149781300 2024-04-23 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR HOA MINH TA 1409 WALNUT GROVE AVE ROSEMEAD CA 917703709 18345625 0 X WWW.UWEST.EDU X 1990 CA TO PROVIDE A "WHOLE PERSON" EDUCATION IN A CONTEXT INFORMED BY BUDDHIST WISDOM AND VALUES. 14 14 114 14 0 0 3650447 4394903 2521106 2554779 677922 628852 105937 -104369 6955412 7474165 534791 521917 0 0 4081266 4028636 0 0 0 1752177 2040852 6368234 6591405 587178 882760 32270070 33005008 1095379 587457 31174691 32417551 THE MISSION OF UNIVERSITY OF THE WEST IS TO PROVIDE A "WHOLE PERSON" EDUCATION IN A CONTEXT INFORMED BY BUDDHIST WISDOM AND VALUES, AND TO FACILITATE CULTURAL UNDERSTANDING AND APPRECIATION BETWEEN EAST AND WEST. 0 0 6206744 521917 2554779 UNIVERSITY OF THE WEST IS A PRIVATE, NONPROFIT, NON-SECTARIAN, CO-EDUCATIONAL UNIVERSITY OFFERING UNDERGRADUATE, GRADUATE, CERTIFICATE AND CONTINUING EDUCATION PROGRAMS CONSISTENT WITH THE EDUCATIONAL MISSION OF CALIFORNIA HIGHER EDUCATION DEGREE-GRANTING INSTITUTIONS WITH A CURRENT ENROLLMENT OF APPROXIMATELY 220 STUDENTS. THE UNIVERSITY OFFERS PROGRAM OF STUDY IN COMPARATIVE RELIGIONS AND BUDDHIST STUDIES, BUSINESS ADMINISTRATION, AND HUMANITIES AND SOCIAL SCIENCES. 6206744 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 163 0 1 114 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X AMY CHONG 6265718811 1409 WALNUT GROVE AVENUE ROSEMEAD CA 91770 VEN HSIN BAU CHAIR 1.00 X X 0 0 0 VEN MIAOHSI SECRETARY 1.00 X X 0 0 0 FANG QIAN VEN HUI DONG EXECUTIVE TRUSTEE 1.00 X 0 0 0 ROGER FRANK TRUSTEE 1.00 X 0 0 0 HIS-SHEN FANG VEN HUI CHUAN TRUSTEE 1.00 X 0 0 0 VEN ZHIHSI TRUSTEE 1.00 X 0 0 0 SUH-JEN WU VEN TZU JUNG TRUSTEE 1.00 X 0 0 0 TIM CHANG TRUSTEE 1.00 X 0 0 0 JIM CHEN TRUSTEE 1.00 X 0 0 0 JOSHUA FIGULI TRUSTEE 1.00 X 0 0 0 HOWARD WANG TRUSTEE 1.00 X 0 0 0 PETER BEMSKI TRUSTEE 1.00 X 0 0 0 ZHIYOU VEN TRUSTEE 1.00 X 0 0 0 CECIL WILLIS TRUSTEE 1.00 X 0 0 0 HOA MINH TA PRESIDENT 40.00 X 166639 0 12894 AMY CHONG CFO 40.00 X 95263 0 12875 JANE IWAMURA CHIEF ACADEMIC OFFICER(CAO) 40.00 X 125000 0 3125 YUEYUN CHEN CHAIR/FACULTY OF BUSINESS ADMINISTRATION 40.00 X 123719 0 12293 510621 0 41187 3 0 1 0 0 4394903 4394903 TUITION AND FEES 611600 2059102 2059102 ROOM AND BOARD 532000 366208 366208 PROGRAM FEES 900099 129469 129469 2554779 670528 670528 137620 307776 -170156 -170156 -170156 10522008 10563684 -41676 -41676 -41676 OTHER MISC. INCOME 900099 36401 36401 SERVICE CHARGE 900099 11916 11916 STUDENT ASSOCIATION FEE 900099 8800 8800 8670 8670 65787 7474165 2554779 0 524483 521917 521917 294853 106606 188247 3245910 3152251 93659 42208 41850 358 163937 161520 2417 281728 261000 20728 31072 31072 45964 35256 10708 58423 43872 14551 100803 100803 181215 171403 9812 226246 225937 309 235738 235738 15108 15067 41 6035 5330 705 8 8 328131 321256 6875 129782 129782 OTHER 293537 257294 36243 REPAIR AND MAINTENANCE 261541 261541 PROGRAM EXPENSE 94814 94814 LIBRARY 32435 32435 6591405 6206744 384661 0 2675606 2711560 6361086 4240324 54951 174394 98880 110621 4044 4028 188382 79386 15322760 7132719 8500031 8190041 14366792 17478353 20298 16301 32270070 33005008 414846 323321 74230 146227 497586 0 108717 117909 1095379 587457 X 17612198 18529026 13562493 13888525 31174691 32417551 32270070 33005008 882760 360100 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14437888 750000 904972 65650 16027210 17090180 -2546226 106066 14437888 14872123 2747084 529027 17090180 14364038 596757 88672 14872123 13536065 900644 72672 14364037 0.19441 0.41492 0.39067 0 0 5197717 5197717 7547009 4687552 2859457 1961148 1840720 120428 616886 604447 12439 8190041 BENEFICIAL INTEREST HELD FOR OTHERS 77338 REFUNDABLE DEPOSITS 40571 117909 X 7620124 360100 307776 667876 6952248 521917 521917 7474165 6377264 307776 307776 6069488 521917 521917 6591405 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF APPROXIMATELY 300 FUNDS THAT ARE USED TO PROVIDE FINANCIAL AID AND INSTRUCTIONAL PROGRAMS FOR STUDENTS, TO PROVIDE DEVELOPMENT OPPORTUNITIES FOR FACULTY, AND TO SUPPORT SCHOOL OPERATIONS. PART X, LINE 2: THE UNIVERSITY HAS BEEN GRANTED EXEMPTION FROM INCOME TAX UNDER SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES ALL OF THE POSITIONS TAKEN BY THE UNIVERSITY ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 307,776. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 521,917. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 307,776. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AIDS 521,917. 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 UNIVERSITY PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY IN THE UNIVERSITY CATALOGUE AND UNIVERSITY WEBSITE. THE RACIALLY NONDISCRIMINATORY POLICY WAS PUBLISHED IN THE LOCAL NEWSPAPER, PASADENA WEEKLY, JUNE 29, 2023. SCHEDULE E, PART I, LINE 6 RECEIVED TITLE IV FINANCIAL AID FROM THE DEPARTMENT OF EDUCATION, CALGRANT, VA EDUCATIONAL BENEFITS, THE CARES ACT GRANT, AND HIGHER EDUCATION EMERGENCY RELIEF FUND. 1 PRIVATE SCHOLARSHIPS 41 20500 0 N/A N/A INSTITUTIONAL SCHOLARSHIP 180 501417 0 N/A N/A PART I, LINE 2: ALL APPLICATIONS ARE PRESCREENED BY THE FINANCIAL AID OFFICE (FAO) FOR ELIGIBILITY REQUIREMENTS BEFORE BEING PASSED TO RESPECTIVE ACADEMIC PROGRAM CHAIRS/HEADS FOR REVIEW AND RECOMMENDATION. RECOMMENDED APPLICANTS ARE THEN REVIEWED BY THE UWEST FINANCIAL AID AND SCHOLARSHIP COMMITTEE (FASC) OR RESPECTIVE SCHOLARSHIP COMMITTEES FOR AWARD DECISION OR FINAL RECOMMENDATION. FOR CERTAIN MERIT-BASED INSTITUTIONAL SCHOLARSHIPS, THE FINAL RECOMMENDATION FROM THE FASC IS FORWARDED TO THE PRESIDENT'S OFFICE FOR APPROVAL.THE FAO NOTIFIES EACH AWARDEE AND AUTHORIZES SCHOLARSHIP DISBURSEMENT INTO THEIR STUDENT ACCOUNT AFTER VERIFYING EACH AWARDEE'S ENROLLMENT STATUS AND ACADEMIC STANDING AT THE BEGINNING OF EACH SEMESTER. X X X X 0 0 0 0 0 0 0 0 0 HOA MINH TA PRESIDENT 166639 0 0 0 0 0 3000 0 9894 0 179533 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF TRUSTEES MAY, BY A TWO THIRDS (2/3) MAJORITY VOTE OF TRUSTEES, DESIGNATE TWO (2) OR MORE OF ITS MEMBERS (WHO MAY ALSO BE SERVING AS OFFICERS OF THIS CORPORATION) TO CONSTITUTE AN EXECUTIVE COMMITTEE AND DELEGATE TO SUCH COMMITTEE ANY OF THE POWERS AND AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION, EXCEPT WITH RESPECT TO: (A) THE APPROVAL OF ANY ACTION WHICH, UNDER LAW OR THE PROVISIONS OF THE BYLAWS, REQUIRES THE APPROVAL OF THE MEMBERS OR OF A MAJORITY OF ALL OF THE MEMBERS. (B) THE FILLING OF VACANCIES ON THE BOARD OR ANY COMMITTEE WHICH HAS THE AUTHORITY OF THE BOARD. (C) THE FIXING OF COMPENSATION OF THE TRUSTEES FOR SERVING ON THE BOARD OR ON ANY COMMITTEE. (D) THE AMENDMENT OR REPEAL OF BYLAWS OR THE ADOPTION OF NEW BYLAWS. (E) THE AMENDMENT OR REPEAL OR ANY RESOLUTION OF THE BOARD WHICH BY ITS EXPRESS TERMS IS NOT SO AMENDABLE OR REPEATABLE. (F) THE APPOINTMENT OF COMMITTEES OF THE BOARD OR THE MEMBERS THEREOF. (G) THE EXPENDITURE OF CORPORATE FUNDS TO SUPPORT A NOMINEE FOR TRUSTEE AFTER THERE IS MORE PEOPLE NOMINATED FOR TRUSTEE THAN CAN BE ELECTED. (H) THE APPROVAL OF ANY TRANSACTION TO WHICH THIS CORPORATION IS A PARTY AND IN WHICH ONE OR MORE OF THE TRUSTEES HAS A MATERIAL FINANCIAL INTEREST, EXCEPT AS EXPRESSLY PROVIDED IN SECTION 5233(D)(3) OF THE CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION LAW. BY A MAJORITY VOTE OF ITS MEMBERS THEN IN OFFICE, THE BOARD MAY AT ANY TIME REVOKE OR MODIFY ANY OR ALL OF THE AUTHORITY SO DELEGATED, INCREASE OR DECREASE BUT NOT BELOW TWO (2) THE NUMBER OF ITS MEMBERS, AND FILL VACANCIES THEREIN FROM THE MEMBERS OF THE BOARD. THE COMMITTEE SHALL KEEP REGULAR MINUTES OF ITS PROCEEDINGS, CAUSE THEM TO BE FILED WITH THE CORPORATE RECORDS, AND REPORT THE SAME TO THE BOARD FROM TIME TO TIME AS THE BOARD MAY REQUIRE. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE UNIVERSITY. THE RETURN IS THEN REVIEWED BY MANAGEMENT BEFORE BEING SENT TO THE AUDIT COMMITTEE FOR THEIR FEEDBACK AND REVIEW. ONCE THE AUDIT COMMITTEE APPROVES THE RETURN, THE DOCUMENT IS MADE AVAILABLE TO THE ENTIRE BOARD OF TRUSTEES PRIOR TO BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION STRONGLY ENCOURAGES THE EXECUTIVE TEAM AND THE MEMBERS OF THE BOARD OF TRUSTEES TO DISCLOSE TO THE APPROPRIATE SUPERVISOR THEIR OUTSIDE COMMITMENTS ON A REGULAR BASIS (ANNUAL REVIEWS, EVALUATIONS, ETC.) IN THE EVENT THAT POTENTIAL CONFLICTS CANNOT BE RESOLVED AT THIS LEVEL, THE INVOLVED SUPERVISOR SHOULD REPORT THE CASE TO THE HUMAN RESOURCES MANAGER, PRESIDENT, AND BOARD CHAIR. THEY SHALL DETERMINE WHETHER A CONFLICT EXISTS AND IS MATERIAL, AND IN THE PRESENCE OF AN EXISTING MATERIAL CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR, AND REASONABLE TO THE ORGANIZATION. IF IT IS DETERMINED THAT THERE IS A CONFLICT THE BOARD MEMBER MAY HAVE TO RECUSE THEMSELVES FROM DECISIONS ON THAT ITEM, OR MAY HAVE TO RESIGN DEPENDING ON THE SEVERITY OF THE CONFLICT. FOR EMPLOYEES THE CONFLICT WOULD HAVE TO BE RESOLVED OR THE EMPLOYEE WOULD BE RELEASED. IN ANY CASE, THE CONFLICT WOULD BE DOCUMENTED AND PLACED IN THE INDIVIDUALS FILE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWED MARKET DATA PREPARED BY AN INDEPENDENT CONSULTANT FOR DETERMINING THE COMPENSATION OF THE OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION. THESE DATA WERE DISCUSSED AND DOCUMENTED AT BOARD MEETINGS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2019. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE UNIVERSITY DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.