Totals
- Total revenue
- $47,873,490
- Total expenses
- $42,724,873
- Contributions and grants received
- $9,400,746
- Grants paid
- $7,294,859
- Program service revenue
- $29,273,346
- Investment income
- $7,097,419
- Other revenue
- $2,101,979
- Total assets, end of year
- $155,617,118
- Total liabilities, end of year
- $20,214,127
- Net assets or fund balances, end of year
- $135,402,991
- Program services expenses (Part IX)
- $36,527,381
- Management and general expenses
- $5,377,436
- Fundraising expenses
- $820,056
- Program service expenses (Part III)
- $36,527,381
Program services were 85.5% 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)
$7,090,772
-
1f · All other contributions, gifts and grants
$2,309,974
-
2a · Program service revenue: TUITION
total $28,751,515 · related or exempt $28,751,515
-
2b · Program service revenue: FEES
total $521,831 · related or exempt $521,831
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $2,025,994 · excluded $2,025,994
-
6a · Gross rents
real property $96,285
-
6c · Rental income or loss
real property $96,285 · personal property $0
-
6d · Net rental income or loss
total $96,285 · excluded $96,285
-
7a · Gross sales of assets other than inventory
securities $36,349,781 · other assets $229,100
-
7b · Less cost or other basis and sales expenses
securities $31,400,140 · other assets $107,316
-
7c · Gain or loss
securities $4,949,641 · other assets $121,784
-
7d · Net gain or loss
total $5,071,425 · excluded $5,071,425
-
10a · Gross sales of inventory
$3,370,775
-
10b · Cost of goods sold
$3,009,000
-
10c · Net income from sales of inventory
total $361,775 · excluded $361,775
-
11a · Other revenue: OTHER INCOME
total $846,481 · related or exempt $846,481
-
11b · Other revenue: STUDENT HOUSING
total $685,524 · related or exempt $685,524
-
11c · Other revenue: FEDERAL FINANCIAL AID REIMBURSEMENT
total $111,914 · related or exempt $111,914
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$1,643,919
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $7,294,859 · program services $7,294,859
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $892,124 · program services $749,384 · management and general $115,976 · fundraising $26,764
-
7 · Other salaries and wages
total $13,853,350 · program services $11,636,814 · management and general $1,800,935 · fundraising $415,601
-
8 · Pension plan contributions
total $188,415 · program services $158,269 · management and general $24,494 · fundraising $5,652
-
9 · Other employee benefits
total $1,455,869 · program services $1,222,930 · management and general $189,263 · fundraising $43,676
-
10 · Payroll taxes
total $1,192,643 · program services $1,001,820 · management and general $155,044 · fundraising $35,779
-
11b · Fees: legal
total $267,117 · management and general $267,117
-
11c · Fees: accounting
total $287,401 · management and general $287,401
-
11f · Fees: investment management
total $376,044 · management and general $376,044
-
11g · Fees: other
total $1,112,486 · program services $1,097,029 · management and general $9,274 · fundraising $6,183
-
12 · Advertising and promotion
total $1,027,589 · program services $1,027,589
-
13 · Office expenses
total $4,496,167 · program services $3,608,675 · management and general $789,594 · fundraising $97,898
-
14 · Information technology
total $197,625 · program services $162,052 · management and general $29,644 · fundraising $5,929
-
16 · Occupancy
total $1,740,547 · program services $1,653,520 · management and general $52,216 · fundraising $34,811
-
17 · Travel
total $56,421 · program services $56,421
-
19 · Conferences, conventions and meetings
total $200,769 · program services $200,769
-
20 · Interest
total $353,371 · management and general $353,371
-
22 · Depreciation, depletion and amortization
total $4,367,256 · program services $4,107,188 · management and general $130,034 · fundraising $130,034
-
23 · Insurance
total $767,653 · management and general $767,653
-
24a · Other expenses: BAD DEBT EXPENSE
total $1,261,915 · program services $1,261,915
-
24b · Other expenses: COLLISION PILOT PROGRAM
total $306,358 · program services $306,358
-
24c · Other expenses: CONSTRUCTION EXPENSE
total $224,814 · program services $224,814
-
24d · Other expenses: STUDENT TESTING FEES
total $179,672 · program services $179,672
-
24e · All other expenses
total $624,408 · program services $577,303 · management and general $29,376 · fundraising $17,729
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,897,035 · end of year $390,337
-
2 · Savings and temporary cash investments
beginning of year $1,748,494 · end of year $7,110,133
-
3 · Pledges and grants receivable
beginning of year $284,333 · end of year $376,297
-
4 · Accounts receivable
beginning of year $1,549,057 · end of year $1,904,546
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $1,716,223 · end of year $1,792,052
-
9 · Prepaid expenses and deferred charges
beginning of year $117,993 · end of year $158,953
-
10a · Land, buildings and equipment: cost or other basis
$108,493,295
-
10b · Land, buildings and equipment: accumulated depreciation
$62,084,387
-
10c · Land, buildings and equipment, net
beginning of year $43,799,578 · end of year $46,408,908
-
11 · Investments: publicly traded securities
beginning of year $74,845,317 · end of year $78,963,510
-
12 · Investments: other securities
beginning of year $5,445,516 · end of year $7,020,597
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $6,303,875 · end of year $11,491,785
-
17 · Accounts payable and accrued expenses
beginning of year $3,103,255 · end of year $3,040,314
-
19 · Deferred revenue
beginning of year $3,503,218 · end of year $3,290,642
-
20 · Tax-exempt bond liabilities
beginning of year $7,670,119 · end of year $13,883,171
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $117,512,513 · end of year $124,810,794
-
28 · Net assets with donor restrictions
beginning of year $9,918,316 · end of year $10,592,197
Mission and programs · 2024
Mission
RANKEN TECHNICAL COLLEGE IS A PRIVATE, NON-PROFIT, DEGREE-GRANTING INSTITUTION OF HIGHER LEARNING WHOSE PRIMARY MISSION IS TO PROVIDE THE COMPREHENSIVE EDUCATION AND TRAINING NECESSARY TO PREPARE STUDENTS FOR EMPLOYMENT AND ADVANCEMENT IN A VARIETY OF TECHNICAL FIELDS.
Activities or mission (Part I)
TO PROVIDE THE COMPREHENSIVE EDUCATION AND TRAINING NECESSARY TO PREPARE STUDENTS FOR EMPLOYMENT AND ADVANCEMENT IN A VARIETY OF TECHNICAL FIELDS.
-
1,800 STUDENTS SERVED IN ASSOCIATED DEGREE PROGRAMS IN THIRTY-SIX TECHNICAL FIELDS AND BACHELOR OF SCIENCE DEGREES IN ARCHITECTURAL TECHNOLOGY STUDIES AND APPLIED MANAGEMENT. 600 STUDENTS SERVED IN CONTINUING EDUCATION PROGRAMS WITH CERTIFICATE GRANTING IN THIRTY-SIX AREAS. 1,800 STUDENTS SERVED IN INDUSTRIAL TRAINING PROGRAMS. RANKEN TECHNICAL COLLEGE IS A PRIVATE, NON-PROFIT INSTITUTION OF HIGHER EDUCATION. RICH WITH HISTORY, RANKEN HAS PROVIDED STUDENTS WITH TOP QUALITY EDUCATIONAL PROGRAMS FOR OVER 100 YEARS. RANKEN'S STATE-OF-THE-ART EQUIPMENT AND FACILITIES AND CAMPUS ARE CONTINUALLY UPDATED TO PROVIDE STUDENTS EXPOSURE TO CUTTING-EDGE TECHNOLOGY. (CONTINUED ON SCHEDULE O)
Expenses $36,527,381 · Grants $7,294,859 · Revenue $30,917,265
As filed on the 2024 return.
Listed in Part VII
-
Jeff Pitts
Vice Chair, Board Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Mike Train
Chair, Board Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Steve Moss
Secretary-Treasurer, Board Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Art McCoy PhD
Board Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Bruno B Schmitter
Board Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Damola Oshin
Board Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Dave Schepers
Board Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Joe Manganiello
Board Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Michael Loynd
Board Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Pamela B Jackson
Board Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Phil Evans
Board Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Randy Fusz
Board Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca Fritsch
Pt Yr Board Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Rhonda Hamm-Niebruegge
Pt Yr Board Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Sarah Wendt
Board Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Thomas A Gieseking
Pt Yr Board Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Timothy Goodson
Board Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Todd Gibson
Board Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Vicki Dawkins
Board Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Crystal A Herron
VP of Student Success
- Total calculated
- $180,095
- From this org
- $167,539
- From related orgs
- $0
- Other
- $12,556
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $166,889
- Bonus
- $0
- Other
- $650
- Deferred
- $3,456
- Nontaxable benefits
- $9,100
- Filer's total
- $180,095
-
Donald J Pohl
President
- Total calculated
- $268,681
- From this org
- $253,120
- From related orgs
- $0
- Other
- $15,561
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $252,470
- Bonus
- $0
- Other
- $650
- Deferred
- $5,169
- Nontaxable benefits
- $10,392
- Filer's total
- $268,681
-
Peter T Murtaugh
VP of Finance and Admin
- Total calculated
- $274,033
- From this org
- $262,397
- From related orgs
- $0
- Other
- $11,636
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $259,126
- Bonus
- $2,621
- Other
- $650
- Deferred
- $5,379
- Nontaxable benefits
- $6,257
- Filer's total
- $274,033
-
Shannon C Brueggeman
VP of Educaton
- Total calculated
- $155,046
- From this org
- $136,104
- From related orgs
- $0
- Other
- $18,942
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $135,454
- Bonus
- $0
- Other
- $650
- Deferred
- $2,928
- Nontaxable benefits
- $16,014
- Filer's total
- $155,046
-
Bradley M ThomasBRADLEY M THOMAS
ELECTRICAL TECHNOLOGY INSTRUCTOR
- Total calculated
- $123,435
- From this org
- $110,659
- From related orgs
- $0
- Other
- $12,776
- Hours/week
- 37.5
-
Derek L BabcockDEREK L BABCOCK
DIRECTOR - INFO AND FACILITIES
- Total calculated
- $127,688
- From this org
- $119,016
- From related orgs
- $0
- Other
- $8,672
- Hours/week
- 37.5
-
Evan A GudmestadEVAN A GUDMESTAD
INFO TECHNOLOGY DIVISION CHAIR
- Total calculated
- $133,302
- From this org
- $121,686
- From related orgs
- $0
- Other
- $11,616
- Hours/week
- 37.5
-
Ryan P DillonRYAN P DILLON
CONTROLLER
- Total calculated
- $193,825
- From this org
- $179,676
- From related orgs
- $0
- Other
- $14,149
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $176,076
- Bonus
- $3,600
- Other
- $0
- Deferred
- $3,722
- Nontaxable benefits
- $10,427
- Filer's total
- $193,825
-
Steven K GordinSTEVEN K GORDIN
ELECTRICAL TECHNOLOGY INSTRUCTOR
- Total calculated
- $126,314
- From this org
- $118,197
- From related orgs
- $0
- Other
- $8,117
- Hours/week
- 37.5
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
- 3 · Compensation committee
- 3 · Approval by the board or compensation committee
- 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 Non-fixed payments
- BONUS PAYMENT IS A FIXED AMOUNT UNLESS THE TEAM MEMBER DEMONSTRATES ABOVE AND BEYOND BEHAVIOR. THE TEAM MEMBER MUST BE IN GOOD STANDING BASED ON PERFORMANCE REVIEW. THE BONUS IS NOT CONTINGENT ON REVENUES.
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.
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.
-
RANKEN COMMUNITY DEVELOPMENT CORPORATION
501(c)(3) · COMMUNITY DEVELOPMENT · MO · controlled entity
Directly controlled by RANKEN TECH
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 May 2026
- IRS schema version
- 2024v5.1
- Source object
- 202601329349304810
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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