Totals
- Total revenue
- $51,656,105
- Total expenses
- $54,165,505
- Contributions and grants received
- $12,053,902
- Grants paid
- $21,711,090
- Program service revenue
- $37,651,042
- Investment income
- $1,455,712
- Other revenue
- $495,449
- Total assets, end of year
- $61,214,880
- Total liabilities, end of year
- $44,886,055
- Net assets or fund balances, end of year
- $16,328,825
- Program services expenses (Part IX)
- $48,038,314
- Management and general expenses
- $5,259,426
- Fundraising expenses
- $867,765
- Program service expenses (Part III)
- $48,038,314
Program services were 88.7% 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.
-
1c · Fundraising events
$56,158
-
1e · Government grants (contributions)
$2,767,529
-
1f · All other contributions, gifts and grants
$9,230,215
-
1g · Noncash contributions included above
$1,395,680
-
2a · Program service revenue: TUITION AND FEES
total $30,132,228 · related or exempt $30,132,228
-
2b · Program service revenue: DORMITORIES (ROOM & BOARD)
total $6,919,867 · excluded $6,919,867
-
2c · Program service revenue: ATHLETICS
total $598,947 · related or exempt $598,947
-
3 · Investment income
total $577,190 · excluded $577,190
-
6a · Gross rents
real property $155,639
-
6b · Less rental expenses
real property $131,857
-
6c · Rental income or loss
real property $23,782
-
6d · Net rental income or loss
total $23,782 · unrelated business $23,782
-
7a · Gross sales of assets other than inventory
securities $5,918,988 · other assets $7,500
-
7b · Less cost or other basis and sales expenses
securities $5,044,053 · other assets $3,913
-
7c · Gain or loss
securities $874,935 · other assets $3,587
-
7d · Net gain or loss
total $878,522 · related or exempt $874,935 · excluded $3,587
-
8a · Fundraising events: gross income
$43,196
-
8a · Fundraising events: contributions included on line 1c
$56,158
-
8b · Fundraising events: direct expenses
$51,285
-
8c · Net income from fundraising events
total -$8,089
-
11a · Other revenue: MISCELLANEOUS
total $195,928 · related or exempt $195,928
-
11b · Other revenue: BOOKSTORE
total $99,108 · unrelated business $99,108
-
11c · Other revenue: FITNESS CENTER
total $91,036 · unrelated business $91,036
-
11d · All other revenue
total $93,684 · related or exempt $93,684
-
11e · Other revenue, total
$479,756
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $21,711,090 · program services $21,711,090
-
7 · Other salaries and wages
total $10,356,822 · program services $8,610,016 · management and general $1,243,343 · fundraising $503,463
-
8 · Pension plan contributions
total $142,891 · program services $118,424 · management and general $17,388 · fundraising $7,079
-
9 · Other employee benefits
total $1,289,966 · program services $1,104,738 · management and general $116,185 · fundraising $69,043
-
10 · Payroll taxes
total $628,498 · program services $514,909 · management and general $79,029 · fundraising $34,560
-
11b · Fees: legal
total $17,796 · management and general $17,796
-
11c · Fees: accounting
total $79,968 · management and general $79,968
-
11f · Fees: investment management
total $127,461 · management and general $127,461
-
11g · Fees: other
total $4,749,613 · program services $3,092,006 · management and general $1,594,617 · fundraising $62,990
-
12 · Advertising and promotion
total $91,222 · program services $91,222
-
13 · Office expenses
total $45,903 · program services $43,849 · management and general $2,054
-
16 · Occupancy
total $1,348,092 · program services $852,149 · management and general $495,943
-
17 · Travel
total $381,117 · program services $257,100 · management and general $77,629 · fundraising $46,388
-
20 · Interest
total $1,677,148 · program services $1,608,386 · management and general $68,762
-
22 · Depreciation, depletion and amortization
total $2,780,570 · program services $2,663,528 · management and general $117,042
-
23 · Insurance
total $628,994 · management and general $628,994
-
24a · Other expenses: FOOD SERVICE
total $2,688,401 · program services $2,688,401
-
24b · Other expenses: ATHLETICS
total $2,596,984 · program services $2,596,984
-
24c · Other expenses: SUPPLIES
total $1,261,261 · program services $989,453 · management and general $195,557 · fundraising $76,251
-
24d · Other expenses: PROGRAMMING EXPENSE
total $940,629 · program services $940,629
-
24e · All other expenses
total $621,079 · program services $155,430 · management and general $397,658 · fundraising $67,991
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $17,770 · end of year $9,170
-
3 · Pledges and grants receivable
beginning of year $1,351,778 · end of year $6,958,879
-
4 · Accounts receivable
beginning of year $406,055 · end of year $232,844
-
7 · Other notes and loans receivable
beginning of year $62,653 · end of year $1,276
-
8 · Inventories for sale or use
beginning of year $31,407 · end of year $34,669
-
9 · Prepaid expenses and deferred charges
beginning of year $727,568 · end of year $1,180,194
-
10a · Land, buildings and equipment: cost or other basis
$84,808,336
-
10b · Land, buildings and equipment: accumulated depreciation
$51,715,979
-
10c · Land, buildings and equipment, net
beginning of year $33,625,102 · end of year $33,092,357
-
11 · Investments: publicly traded securities
beginning of year $23,655,322 · end of year $19,590,416
-
15 · Other assets
beginning of year $47,500 · end of year $115,075
-
17 · Accounts payable and accrued expenses
beginning of year $2,233,610 · end of year $4,062,279
-
19 · Deferred revenue
beginning of year $2,361,074 · end of year $2,145,057
-
21 · Escrow or custodial account liability
beginning of year $200,050 · end of year $192,053
-
23 · Secured mortgages and notes payable
beginning of year $34,804,551 · end of year $37,966,576
-
25 · Other liabilities
beginning of year $205,820 · end of year $520,090
-
27 · Net assets without donor restrictions
beginning of year $892,053 · end of year -$5,190,616
-
28 · Net assets with donor restrictions
beginning of year $19,227,997 · end of year $21,519,441
Mission and programs · 2022
Mission
QUINCY UNIVERSITY STANDS AS A CATHOLIC, INDEPENDENT, LIBERAL ARTS INSTITUTION OF HIGHER LEARNING IN THE FRANCISCAN TRADITION. INPIRED BY THE SPIRIT OF FRANCIS AND CLARE OF ASSISI, WE RESPECT EACH PERSON AS A SISTER OR BROTHER WITH DIGNITY, VALUE, AND WORTH. WE WORK FOR JUSTICE, PEACE, AND THE INTEGRITY OF CREATION. WE PREPARE MEN AND WOMEN FOR LEADERSHIP AND FOR THE TRANSFORMATION OF THE WORLD BY EDUCATING THEM TO SEEK KNOWLEDGE THAT LEADS TO WISDOM. WE WELCOME ALL TO SHARE OUR SPIRIT AND LIFE.
Activities or mission (Part I)
TO PREPARE MEN AND WOMEN FOR LEADERSHIP AND FOR THE TRANSFORMATION OF THE WORLD BY EDUCATING THEM TO SEEK KNOWLEDGE THAT LEADS TO WISDOM. WE WELCOME ALL TO SHARE OUR SPIRIT AND LIFE.
-
INSTITUTION: APPROXIMATELY 1,170 DEGREE-SEEKING STUDENTS ENROLLED, WITH INSTITUTIONAL AID TO APPROXIMATELY 1,150 STUDENTS. ADDITIONALLY, APPROXIMATELY 120 STUDENTS ENROLLED IN POST BACCALAUREATE WORKSHOPS.
Expenses $29,097,298 · Grants $21,711,090 · Revenue $30,288,417
-
STUDENT SERVICES: INCLUDES DEPARTMENTS SUCH AS ADMISSIONS, FINANCIAL AID STUDENT LIFE, CAMPUS MINISTRY, REGISTRAR, AND ATHLETIC PROGRAMS. THESE OFFICES SERVE STUDENTS THROUGH THE FALL, SPRING, AND SUMMER TERMS.
Expenses $9,579,704 · Revenue $438,760
-
AUXILIARY ENTERPRISES: SERVES APPROXIMATELY 560 STUDENTS. THE MAJORITY OF THIS AREA IS COMPRISED OF THE ADMINISTRATION AND MAINTENANCE OF STUDENT HOUSING AS WELL AS FOOD SERVICE. THE UNIVERSITY HAS DORMITORIES AS WELL AS HOUSES AND APARTMENTS WITH ONE MAIN DINING HALL.
Expenses $7,158,760 · Revenue $7,011,341
-
ACADEMIC SUPPORT & OTHER
Expenses $2,202,552
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dr Brian McGeeDR BRIAN MCGEE
PRESIDENT
- Total calculated
- $296,698
- From this org
- $288,908
- From related orgs
- $0
- Other
- $7,790
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $288,908
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $7,790
- Filer's total
- $296,698
-
Robert WyattROBERT WYATT
VP ADVANCEME
- Total calculated
- $150,231
- From this org
- $136,703
- From related orgs
- $0
- Other
- $13,528
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $136,703
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $13,528
- Filer's total
- $150,231
-
Cynthia HaliemunCYNTHIA HALIEMUN
DEAN, SCHOOL
- Total calculated
- $132,433
- From this org
- $126,525
- From related orgs
- $0
- Other
- $5,908
- Hours/week
- 40
-
Thomas OliverTHOMAS OLIVER
VP ENROLLMEN
- Total calculated
- $131,502
- From this org
- $124,352
- From related orgs
- $0
- Other
- $7,150
- Hours/week
- 40
-
Mark StriekerMARK STRIEKER
CFO - TREASU
- Total calculated
- $122,895
- From this org
- $115,713
- From related orgs
- $0
- Other
- $7,182
- Hours/week
- 40
-
Dr Maureen BanksDR MAUREEN BANKS
TRUSTEE
- Total calculated
- $0
-
Jerry DouglasJERRY DOUGLAS
TRUSTEE
- Total calculated
- $0
-
Brendan FordBRENDAN FORD
TRUSTEE
- Total calculated
- $0
-
Dr James HeintzDR JAMES HEINTZ
TRUSTEE
- Total calculated
- $0
-
Dr Scott LemaireDR SCOTT LEMAIRE
TRUSTEE
- Total calculated
- $0
-
Jane LoosJANE LOOS
TRUSTEE
- Total calculated
- $0
-
Jim MentestiJIM MENTESTI
EMERI TRUSTE
- Total calculated
- $0
-
Bill MetzingerBILL METZINGER
VICE-CHAIR
- Total calculated
- $0
-
Delmer MitchellDELMER MITCHELL
CHAIR
- Total calculated
- $0
-
Gerald MurphyGERALD MURPHY
TRUSTEE
- Total calculated
- $0
-
C David NuessenC DAVID NUESSEN
TRUSTEE
- Total calculated
- $0
-
Harold OakleyHAROLD OAKLEY
TRUSTEE
- Total calculated
- $0
-
Ralph OakleyRALPH OAKLEY
TRUSTEE
- Total calculated
- $0
-
Br Tom Carroll OfmBR TOM CARROLL OFM
TRUSTEE
- Total calculated
- $0
-
Rev Carroll Mizicko OfmREV CARROLL MIZICKO OFM
TRUSTEE
- Total calculated
- $0
-
Very Rev Thomas Nairn OfmVERY REV THOMAS NAIRN OFM
TRUSTEE
- Total calculated
- $0
-
Daniel OvermyerDANIEL OVERMYER
TRUSTEE
- Total calculated
- $0
-
Greg ReisGREG REIS
TRUSTEE
- Total calculated
- $0
-
Richard RyanRICHARD RYAN
EMERI TRUSTE
- Total calculated
- $0
-
Martin SchaferMARTIN SCHAFER
TRUSTEE
- Total calculated
- $0
-
Dick ScottDICK SCOTT
TRUSTEE
- Total calculated
- $0
-
Theresa SpearTHERESA SPEAR
TRUSTEE
- Total calculated
- $0
-
Dr Dan TolbertDR DAN TOLBERT
TRUSTEE
- Total calculated
- $0
-
Joseph TracyJOSEPH TRACY
TRUSTEE
- Total calculated
- $0
-
Rev John Doctor OfmREV JOHN DOCTOR OFM
SECRETARY
- Total calculated
- $0
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
- 1a · Payments for business use of a personal residence
- 1a · Health or social club dues or initiation fees
- 1a · Personal services (maid, chauffeur, chef)
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Written employment contract
- 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
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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 29 January 2024
- IRS schema version
- 2022v5.0
- Source object
- 202440299349301894
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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