Totals
- Total revenue
- $5,586,560
- Total expenses
- $1,424,326
- Contributions and grants received
- $0
- Grants paid
- $24,642
- Program service revenue
- $249,000
- Investment income
- $0
- Other revenue
- $5,337,560
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $0
- Program services expenses (Part IX)
- $1,400,888
- Management and general expenses
- $23,438
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,400,888
Program services were 98.4% 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.
-
2a · Program service revenue: Lease of University dental school building
total $249,000 · related or exempt $249,000 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
11a · Other revenue: New Markets Tax Credit Loan Forgiveness Income
total $5,337,560 · related or exempt $5,337,560 · unrelated business $0 · excluded $0
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$5,337,560
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $24,642 · program services $24,642
-
2 · Grants to domestic individuals
total $0 · program services $0
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $0 · program services $0 · management and general $0 · fundraising $0
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $0 · program services $0 · management and general $0 · fundraising $0
-
8 · Pension plan contributions
total $0 · program services $0 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $0 · program services $0 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $0 · program services $0 · management and general $0 · fundraising $0
-
11a · Fees: management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $0 · program services $0 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $23,438 · program services $0 · management and general $23,438 · fundraising $0
-
11d · Fees: lobbying
total $0 · program services $0 · management and general $0 · fundraising $0
-
11e · Fees: professional fundraising services
total $0 · fundraising $0
-
11f · Fees: investment management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11g · Fees: other
total $0 · program services $0 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $0 · program services $0 · management and general $0 · fundraising $0
-
13 · Office expenses
total $0 · program services $0 · management and general $0 · fundraising $0
-
14 · Information technology
total $0 · program services $0 · management and general $0 · fundraising $0
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $0 · program services $0 · management and general $0 · fundraising $0
-
17 · Travel
total $0 · program services $0 · management and general $0 · fundraising $0
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $0 · program services $0 · management and general $0 · fundraising $0
-
20 · Interest
total $116,702 · program services $116,702 · management and general $0 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $1,154,281 · program services $1,154,281 · management and general $0 · fundraising $0
-
23 · Insurance
total $0 · program services $0 · management and general $0 · fundraising $0
-
24a · Other expenses: Bank Service Charges
total $14,843 · program services $14,843 · management and general $0 · fundraising $0
-
24b · Other expenses: Bond Issue Cost Amortization
total $90,420 · program services $90,420 · management and general $0 · fundraising $0
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $131,764 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $56,860,792 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $18,579,580 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $38,412,976 · end of year $0
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
Construct, finance, and lease the University dental school building on behalf of Creighton University
-
Construct, finance, and lease the University dental school building on behalf of Creighton University
Expenses $1,400,888 · Grants $24,642 · Revenue $5,586,560
As filed on the 2022 return.
Listed in Part VII
-
Mardell Wilson EdD
Director
- Total calculated
- $462,767
- From this org
- $0
- From related orgs
- $429,768
- Other
- $32,999
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $428,630 related
- Bonus
- $0 + $1,000 related
- Other
- $0 + $138 related
- Deferred
- $0 + $21,350 related
- Nontaxable benefits
- $0 + $11,649 related
- Filer's total
- $0 + $462,767 related
-
Jan Madsen
Director, President
- Total calculated
- $455,017
- From this org
- $0
- From related orgs
- $433,613
- Other
- $21,404
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $411,855 related
- Bonus
- $0 + $1,000 related
- Other
- $0 + $20,758 related
- Deferred
- $0 + $21,350 related
- Nontaxable benefits
- $0 + $54 related
- Filer's total
- $0 + $455,017 related
-
James S Jansen
Secretary
- Total calculated
- $378,481
- From this org
- $0
- From related orgs
- $343,089
- Other
- $35,392
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $321,219 related
- Bonus
- $0 + $1,000 related
- Other
- $0 + $20,870 related
- Deferred
- $0 + $21,350 related
- Nontaxable benefits
- $0 + $14,042 related
- Filer's total
- $0 + $378,481 related
-
Mark Latta DMD
Director, Chairman
- Total calculated
- $280,135
- From this org
- $0
- From related orgs
- $251,171
- Other
- $28,964
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $230,850 related
- Bonus
- $0 + $1,000 related
- Other
- $0 + $19,321 related
- Deferred
- $0 + $18,114 related
- Nontaxable benefits
- $0 + $10,850 related
- Filer's total
- $0 + $280,135 related
-
John J Jesse III
Vice President, Treasurer
- Total calculated
- $223,216
- From this org
- $0
- From related orgs
- $192,003
- Other
- $31,213
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $170,245 related
- Bonus
- $0 + $1,000 related
- Other
- $0 + $20,758 related
- Deferred
- $0 + $14,240 related
- Nontaxable benefits
- $0 + $16,973 related
- Filer's total
- $0 + $223,216 related
-
Derek Scott
Director
- Total calculated
- $195,842
- From this org
- $0
- From related orgs
- $182,443
- Other
- $13,399
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $181,185 related
- Bonus
- $0 + $1,000 related
- Other
- $0 + $258 related
- Deferred
- $0 + $12,781 related
- Nontaxable benefits
- $0 + $618 related
- Filer's total
- $0 + $195,842 related
-
Benjamin G Hardy DDS
Director
- Total calculated
- $0
- Hours/week
- 1
-
John Fullenkamp
Director
- Total calculated
- $0
- Hours/week
- 1
-
Leo Knowles
Director
- Total calculated
- $0
- Hours/week
- 1
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
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Schedule J, Part I, Line 7
- The University provided nonfixed payments to all faculty/staff in the form of appreciation payments due to work demand during the pandemic culminating with this final payment made during the fiscal year ended June 30, 2023.
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
-
American Communities Trust Inc
$24,642
Financial assistance provided to American Communities Trust, Inc. to support low-income urban communities.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(c)(3) · Provides higher education · NE
-
Creighton University - Boys Town Healthcare Fn
501(c)(3) · Receive grants and disburse to its members · NE
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.
-
Creighton Soccer Stadium Inc
C · Rental of real estate · NE · 0% owned
Directly controlled by Creighton University
-
Charitable remainder trusts (21)
T · Trust · NE
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
-
$42,575,210
Liquidation · Land and building at 2109 Cuming Street where the Creighton Dental School is located. · Jun 1, 2023 · 501(c)(3)
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 11 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431069349301108
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.