Totals
- Total revenue
- $153,934,981
- Total expenses
- $151,228,835
- Contributions and grants received
- $14,073,874
- Grants paid
- $71,220,765
- Program service revenue
- $131,611,596
- Investment income
- $8,004,914
- Other revenue
- $244,597
- Total assets, end of year
- $398,245,287
- Total liabilities, end of year
- $45,573,900
- Net assets or fund balances, end of year
- $352,671,387
- Program services expenses (Part IX)
- $137,283,739
- Management and general expenses
- $12,590,903
- Fundraising expenses
- $1,354,193
- Program service expenses (Part III)
- $137,283,739
Program services were 90.8% 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.
-
1e · Government grants (contributions)
$1,127,459
-
1f · All other contributions, gifts and grants
$12,946,415
-
1g · Noncash contributions included above
$635,575
-
2a · Program service revenue: TUITION & FEES
total $110,284,085 · related or exempt $110,284,085
-
2b · Program service revenue: AUXILIARY SERVICES
total $19,379,782 · related or exempt $19,379,782
-
2c · Program service revenue: ED DEPT SERVICES
total $1,902,388 · related or exempt $1,902,388
-
2d · Program service revenue: PEPSICO AND OTHER INCO
total $28,243 · unrelated business $28,243
-
2e · Program service revenue: CATERING
total $17,098 · unrelated business $17,098
-
3 · Investment income
total $4,194,518 · unrelated business $382,192 · excluded $3,812,326
-
6a · Gross rents
real property $244,597
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $244,597
-
6d · Net rental income or loss
total $244,597 · excluded $244,597
-
7a · Gross sales of assets other than inventory
securities $23,717,530
-
7b · Less cost or other basis and sales expenses
securities $19,907,134
-
7c · Gain or loss
securities $3,810,396
-
7d · Net gain or loss
total $3,810,396 · excluded $3,810,396
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $71,220,765 · program services $71,220,765
-
5 · Compensation of officers, directors and key employees
total $1,920,392 · program services $630,258 · management and general $1,236,067 · fundraising $54,067
-
6 · Compensation of disqualified persons
total $250,984 · management and general $250,984
-
7 · Other salaries and wages
total $34,884,583 · program services $30,741,568 · management and general $3,312,874 · fundraising $830,141
-
8 · Pension plan contributions
total $1,656,610 · program services $1,488,557 · management and general $122,541 · fundraising $45,512
-
9 · Other employee benefits
total $5,871,614 · program services $2,709,290 · management and general $3,162,936 · fundraising -$612
-
10 · Payroll taxes
total $2,507,834 · program services $2,126,234 · management and general $321,146 · fundraising $60,454
-
11b · Fees: legal
total $17,667 · management and general $17,667
-
11c · Fees: accounting
total $98,136 · management and general $98,136
-
11e · Fees: professional fundraising services
total $119,307 · fundraising $119,307
-
11g · Fees: other
total $4,029,030 · program services $2,584,460 · management and general $1,411,962 · fundraising $32,608
-
13 · Office expenses
total $2,428,344 · program services $2,151,744 · management and general $205,395 · fundraising $71,205
-
16 · Occupancy
total $5,856,351 · program services $5,282,573 · management and general $570,867 · fundraising $2,911
-
17 · Travel
total $4,743,971 · program services $4,102,639 · management and general $551,752 · fundraising $89,580
-
20 · Interest
total $1,556,873 · program services $1,543,751 · management and general $13,122
-
22 · Depreciation, depletion and amortization
total $7,479,105 · program services $6,853,008 · management and general $626,097
-
24a · Other expenses: DINING SERVICES
total $2,398,393 · program services $2,398,393
-
24b · Other expenses: AUGIE CHOICE
total $842,509 · program services $842,509
-
24c · Other expenses: BOOKSTORE
total $379,581 · program services $379,581
-
24d · Other expenses: STUDY AWAY
total $164,173 · program services $164,173
-
24e · All other expenses
total $2,802,613 · program services $2,064,236 · management and general $689,357 · fundraising $49,020
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $26,362,168 · end of year $7,424,233
-
2 · Savings and temporary cash investments
beginning of year $7,084,944 · end of year $4,784,093
-
3 · Pledges and grants receivable
beginning of year $9,541,133 · end of year $4,703,680
-
4 · Accounts receivable
beginning of year $522,993 · end of year $541,980
-
7 · Other notes and loans receivable
beginning of year $571,537 · end of year $665,886
-
8 · Inventories for sale or use
beginning of year $182,318 · end of year $222,860
-
9 · Prepaid expenses and deferred charges
beginning of year $1,051,004 · end of year $756,973
-
10a · Land, buildings and equipment: cost or other basis
$299,733,427
-
10b · Land, buildings and equipment: accumulated depreciation
$146,664,178
-
10c · Land, buildings and equipment, net
beginning of year $147,691,861 · end of year $153,069,249
-
11 · Investments: publicly traded securities
beginning of year $141,459,518 · end of year $170,275,371
-
12 · Investments: other securities
beginning of year $53,351,183 · end of year $49,719,652
-
13 · Investments: program-related
beginning of year $1,372,505 · end of year $1,054,064
-
15 · Other assets
beginning of year $8,391,833 · end of year $5,027,246
-
17 · Accounts payable and accrued expenses
beginning of year $5,672,935 · end of year $5,460,242
-
20 · Tax-exempt bond liabilities
beginning of year $43,633,104 · end of year $33,187,061
-
23 · Secured mortgages and notes payable
beginning of year $3,000,000 · end of year $0
-
25 · Other liabilities
beginning of year $7,731,644 · end of year $6,926,597
-
27 · Net assets without donor restrictions
beginning of year $211,002,553 · end of year $225,489,410
-
28 · Net assets with donor restrictions
beginning of year $126,542,761 · end of year $127,181,977
Mission and programs · 2022
Mission
ROOTED IN THE LIBERAL ARTS & SCIENCES & LUTHERAN EXPRESSION OF THE CHRISTIAN FAITH, & IS COMMITTED TO OFFERING A CHALLENGING EDUCATION THAT DEVELOPS QUALITIES OF MIND, SPIRIT, & BODY NECESSARY FOR A REWARDING LIFE OF LEADERSHIP & SERVICE IN A DIVERSE & CHANGING WORLD.
Activities or mission (Part I)
OFFER A CHALLENGING EDUCATION THAT DEVELOPS THE QUALITIES OF MIND, SPIRIT AND BODY FOR STUDENTS.
-
HIGHER EDUCATION: INSTRUCTION - INCLUDES 73 ACADEMIC MAJORS, FOREIGN STUDY PROGRAMS, HONORS PROGRAMS, AND OTHER EDUCATIONAL RELATED DEPARTMENTS SERVICING APPROXIMATELY 2,500 TOTAL STUDENTS AND STAFFED BY APPROXIMATELY 300 FACULTY MEMBERS.
Expenses $99,767,807 · Grants $71,220,765 · Revenue $110,284,085
-
HIGHER EDUCATION: ACADEMIC SUPPORT - INCLUDES LIBRARY SUPPORT OF 160,000 TOTAL VOLUMES, AUDIOVISUAL MATERIALS AND EQUIPMENT, ART EXHIBITS, JAZZ, THEATER, BAND, CHOIR, INTERCOLLEGIATE ATHLETICS, AND RELATED ACTIVITIES SERVICING THE STUDENT AND THE COMMUNITY.
Expenses $13,779,568 · Revenue $1,902,388
-
HIGHER EDUCATION: AUXILIARY ENTERPRISES - SERVES THE STUDENT COMMUNITY BY SELLING TEXTBOOKS AND OTHER INSTRUCTIONAL MATERIALS AND SUPPLIES, AND PROVIDES MEAL SERVICE AND HOUSING.
Expenses $12,523,889 · Revenue $19,379,782
-
HIGHER EDUCATION: STUDENT SERVICES - SERVES THE STUDENT COMMUNITY BY PROVIDING REGISTRATION ASSISTANCE, COUNSELING, CAREER PLANNING, INTERNSHIPS, FINANCIAL ASSISTANCE, MULTICULTURAL PROGRAMMING, ORIENTATION AND ADVISING, INTRAMURAL SPORTS, AND OTHER RELATED PROGRAMS.HIGHER EDUCATION: PUBLIC SERVICES - INCLUDES A CENTER FOR COMMUNICATIVE DISORDERS, ART PROGRAMS, ALUMNI PROGRAMS, COMMUNITY SERVICE AND A NATIONAL PUBLIC RADIO STATION SERVING THE STUDENTS AND COMMUNITY.HIGHER EDUCATION: RESEARCH - SUPPORTS EXTENSIVE OPPORTUNITIES FOR STUDENTS AND FACULTY TO CONDUCT RESEARCH ON AND OFF CAMPUS.
Expenses $11,212,475
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Andrea TalentinoANDREA TALENTINO
PRESIDENT
- Total calculated
- $282,851
- From this org
- $191,326
- From related orgs
- $0
- Other
- $91,525
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $191,326
- Bonus
- $0
- Other
- $0
- Deferred
- $20,450
- Nontaxable benefits
- $71,075
- Filer's total
- $282,851
-
John MurabitoJOHN MURABITO
CHAIR OF THE BOARD
- Total calculated
- $0
- Hours/week
- 3
-
Wiley AdamsWILEY ADAMS
VP OF BOARD
- Total calculated
- $0
- Hours/week
- 1
-
Christopher CoulterCHRISTOPHER COULTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Stacie FidlarSTACIE FIDLAR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael GapenMICHAEL GAPEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Edna GarrettEDNA GARRETT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Murry GerberMURRY GERBER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Richard GodfreyRICHARD GODFREY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dan GottschlingDAN GOTTSCHLING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ann Hasselmo DieANN HASSELMO DIE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Diane Gustafson HillDIANE GUSTAFSON HILL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Douglas HultquistDOUGLAS HULTQUIST
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Natalie KesslerNATALIE KESSLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Charles KimCHARLES KIM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Christina KleinCHRISTINA KLEIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Millicent KnightMILLICENT KNIGHT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Eric LindbergERIC LINDBERG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Barbara LundbladBARBARA LUNDBLAD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Allyson MartinezALLYSON MARTINEZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Robert MitchumROBERT MITCHUM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Shelby OlsonSHELBY OLSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Cameron OnumahCAMERON ONUMAH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gail RichardGAIL RICHARD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mark SaranMARK SARAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lee SelanderLEE SELANDER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Chris SeyfarthCHRIS SEYFARTH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sandra ShockleySANDRA SHOCKLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Peter SimshauserPETER SIMSHAUSER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael SturekMICHAEL STUREK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sunder SubbaroyanSUNDER SUBBAROYAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kelly TievesKELLY TIEVES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Cheryl TrueCHERYL TRUE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Thomas WeigandTHOMAS WEIGAND
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Aaron WetzelAARON WETZEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mark WilhelmMARK WILHELM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kent BarndsKENT BARNDS
EXEC. VP ENROLL., COMM., ADVANCE.
- Total calculated
- $340,517
- From this org
- $310,378
- From related orgs
- $0
- Other
- $30,139
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $240,378
- Bonus
- $70,000
- Other
- $0
- Deferred
- $15,143
- Nontaxable benefits
- $14,996
- Filer's total
- $340,517
-
Kirk AndersonKIRK ANDERSON
VP OF FINANCE AND ADMINISTRATION
- Total calculated
- $263,637
- From this org
- $243,038
- From related orgs
- $0
- Other
- $20,599
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $208,038
- Bonus
- $35,000
- Other
- $0
- Deferred
- $12,671
- Nontaxable benefits
- $7,928
- Filer's total
- $263,637
-
Sheri CurranSHERI CURRAN
GENERAL COUNSEL AND SECRETARY
- Total calculated
- $223,026
- From this org
- $210,783
- From related orgs
- $0
- Other
- $12,243
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $185,783
- Bonus
- $25,000
- Other
- $0
- Deferred
- $11,125
- Nontaxable benefits
- $1,118
- Filer's total
- $223,026
-
Wendy Hilton-MorrowWENDY HILTON-MORROW
PROVOST AND DEAN OF THE COLLEGE
- Total calculated
- $220,844
- From this org
- $208,701
- From related orgs
- $0
- Other
- $12,143
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $183,701
- Bonus
- $25,000
- Other
- $0
- Deferred
- $11,125
- Nontaxable benefits
- $1,018
- Filer's total
- $220,844
-
Wesley BrooksWESLEY BROOKS
DEAN AND VP STUDENT SERVICES
- Total calculated
- $195,021
- From this org
- $173,547
- From related orgs
- $0
- Other
- $21,474
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $148,547
- Bonus
- $25,000
- Other
- $0
- Deferred
- $9,503
- Nontaxable benefits
- $11,971
- Filer's total
- $195,021
-
Monica SmithMONICA SMITH
VP OF DIVERSITY, EQUITY & INCLUSION
- Total calculated
- $184,134
- From this org
- $165,861
- From related orgs
- $0
- Other
- $18,273
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $145,861
- Bonus
- $20,000
- Other
- $0
- Deferred
- $9,047
- Nontaxable benefits
- $9,226
- Filer's total
- $184,134
-
Christopher VaughanCHRISTOPHER VAUGHAN
ASST VP CHIEF INFORMATION OFFICER
- Total calculated
- $197,314
- From this org
- $132,751
- From related orgs
- $0
- Other
- $64,563
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $132,751
- Bonus
- $0
- Other
- $0
- Deferred
- $8,164
- Nontaxable benefits
- $56,399
- Filer's total
- $197,314
-
John DelaneyJOHN DELANEY
PROFESSOR
- Total calculated
- $147,792
- From this org
- $132,250
- From related orgs
- $0
- Other
- $15,542
- Hours/week
- 40
-
Jon HurtyJON HURTY
PROFESSOR
- Total calculated
- $141,354
- From this org
- $128,475
- From related orgs
- $0
- Other
- $12,879
- Hours/week
- 40
-
Melinda ZumdomeMELINDA ZUMDOME
DIRECTOR OF HUMAN RESOURCES
- Total calculated
- $129,875
- From this org
- $125,875
- From related orgs
- $0
- Other
- $4,000
- Hours/week
- 40
-
Peter KivistoPETER KIVISTO
PROFESSOR
- Total calculated
- $141,489
- From this org
- $123,331
- From related orgs
- $0
- Other
- $18,158
- Hours/week
- 40
-
Steve BahlsSTEVE BAHLS
FORMER PRESIDENT
- Total calculated
- $484,956
- From this org
- $449,034
- From related orgs
- $0
- Other
- $35,922
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $299,034
- Bonus
- $150,000
- Other
- $0
- Deferred
- $27,778
- Nontaxable benefits
- $8,144
- Filer's total
- $484,956
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
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 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
- AS PART OF THE PRESIDENT'S CONTRACT THEY ARE REQUIRED TO RESIDE IN THE COLLEGE OWNED RESIDENCE AT THE COLLEGE'S EXPENSE, INCLUDING BUT NOT LIMITED TO, GROUNDS KEEPING, GENERAL MAINTENANCE AND ALL UTILITIES. THE PRESIDENT'S RESIDENCE IS AVAILABLE FOR COLLEGE RELATED BUSINESS AND ENTERTAINMENT ON A REGULAR AND CONTINUING BASIS. THESE BENEFITS ARE NOT CONSIDERED TAXABLE.
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.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CHARITABLE REMAINDER ANNUITY TRUST (11)
T · INVESTMENTS · IL
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 1 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421249349300642
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.