Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $1,283,660

• 1f · All other contributions, gifts and grants

  $4,484,757

• 1g · Noncash contributions included above

  $84,470

• 2a · Program service revenue: STUDENT TUITION

  total $28,754,038 · related or exempt $28,754,038

• 2b · Program service revenue: AUXILIARY ENTERPRISES

  total $1,737,198 · related or exempt $1,737,198

• 2c · Program service revenue: INTEREST ON TUITION RE

  total $34,064 · related or exempt $34,064

• 2d · Program service revenue: MMC COMMUNITY RENTAL

  total $9,000 · related or exempt $9,000

• 2e · Program service revenue: DEPARTMENT REVENUE

  total $2,617 · related or exempt $2,617

• 3 · Investment income

  total $3,079,357 · excluded $3,079,357

• 6a · Gross rents

  real property $154,172

• 6b · Less rental expenses

  real property $102,361

• 6c · Rental income or loss

  real property $51,811

• 6d · Net rental income or loss

  total $51,811 · unrelated business -$11,539 · excluded $63,350

• 7a · Gross sales of assets other than inventory

  securities $12,284,882 · other assets $393,132

• 7b · Less cost or other basis and sales expenses

  securities $12,627,369 · other assets $193,619

• 7c · Gain or loss

  securities -$342,487 · other assets $199,513

• 7d · Net gain or loss

  total -$142,974 · excluded -$142,974

• 11a · Other revenue: MISCELLANEOUS

  total $190,180 · related or exempt $190,180

• 11e · Other revenue, total

  $190,180

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $12,854,369 · program services $12,854,369

• 5 · Compensation of officers, directors and key employees

  total $1,845,059 · program services $794,913 · management and general $897,801 · fundraising $152,345

• 7 · Other salaries and wages

  total $11,900,010 · program services $9,578,039 · management and general $1,959,610 · fundraising $362,361

• 8 · Pension plan contributions

  total $234,282 · program services $182,692 · management and general $45,575 · fundraising $6,015

• 9 · Other employee benefits

  total $1,856,867 · program services $1,334,312 · management and general $489,636 · fundraising $32,919

• 10 · Payroll taxes

  total $947,023 · program services $719,892 · management and general $196,585 · fundraising $30,546

• 11a · Fees: management

  total $429,742 · program services $52,195 · management and general $367,878 · fundraising $9,669

• 11f · Fees: investment management

  total $90,529 · management and general $90,529

• 12 · Advertising and promotion

  total $765,391 · program services $373,407 · management and general $391,984

• 13 · Office expenses

  total $1,952,012 · program services $1,415,649 · management and general $530,155 · fundraising $6,208

• 14 · Information technology

  total $606,534 · program services $40,450 · management and general $565,997 · fundraising $87

• 16 · Occupancy

  total $2,609,269 · program services $1,725,169 · management and general $881,210 · fundraising $2,890

• 20 · Interest

  total $217,446 · management and general $217,446

• 22 · Depreciation, depletion and amortization

  total $1,726,745 · program services $1,123,770 · management and general $602,975

• 23 · Insurance

  total $504,145 · management and general $504,145

• 24a · Other expenses: FOOD SERVICE COSTS

  total $804,348 · management and general $804,348

• 24b · Other expenses: OTHER EXPENSES

  total $534,030 · program services $220,686 · management and general $313,344

• 24c · Other expenses: BAD DEBT ALLOWANCE

  total $202,959 · management and general $202,959

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,806,321 · end of year $2,133,168

• 2 · Savings and temporary cash investments

  beginning of year $1,000,957 · end of year $1,603,569

• 3 · Pledges and grants receivable

  beginning of year $4,949,347 · end of year $3,204,885

• 4 · Accounts receivable

  beginning of year $499,552 · end of year $540,968

• 9 · Prepaid expenses and deferred charges

  beginning of year $564,934 · end of year $703,793

• 10a · Land, buildings and equipment: cost or other basis

  $67,314,692

• 10b · Land, buildings and equipment: accumulated depreciation

  $40,601,910

• 10c · Land, buildings and equipment, net

  beginning of year $26,604,197 · end of year $26,712,782

• 11 · Investments: publicly traded securities

  beginning of year $38,970,101 · end of year $38,768,640

• 15 · Other assets

  beginning of year $89,000 · end of year $89,000

• 17 · Accounts payable and accrued expenses

  beginning of year $1,756,057 · end of year $1,772,563

• 19 · Deferred revenue

  beginning of year $853,204 · end of year $870,536

• 20 · Tax-exempt bond liabilities

  beginning of year $7,750,036 · end of year $5,000,410

• 24 · Unsecured notes and loans payable

  beginning of year $1,000,000 · end of year $1,000,000

• 25 · Other liabilities

  beginning of year $64,719 · end of year $13,342

• 27 · Net assets without donor restrictions

  beginning of year $30,300,473 · end of year $33,204,272

• 28 · Net assets with donor restrictions

  beginning of year $34,759,920 · end of year $31,895,682

The filer's explanations (Part III)

PART I, LINE 1A

THE PRESIDENT'S CONTRACT INCLUDES A CAR ALLOWANCE. THE ALLOWANCE IS PAID THROUGH PAYROLL AND SUBSEQUENTLY TAXED ACCORDINGLY.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• SSND MMU MCH VENTURE INC

  C · C CORPORATION · WI · 33.33% owned