Skip to content
Nonprofiteer
← COLORADO CHRISTIAN UNIVERSITY

Form 990 for tax year 2023

Filed by COLORADO CHRISTIAN UNIVERSITY.

Totals

Total revenue
$156,613,328
Total expenses
$149,127,996
Contributions and grants received
$15,952,441
Grants paid
$36,115,446
Program service revenue
$139,620,887
Investment income
$917,224
Other revenue
$122,776
Total assets, end of year
$216,415,732
Total liabilities, end of year
$72,879,099
Net assets or fund balances, end of year
$143,536,633
Program services expenses (Part IX)
$120,510,094
Management and general expenses
$25,444,110
Fundraising expenses
$3,173,792
Program service expenses (Part III)
$120,510,094

Program services were 80.8% 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.

  • 1d · Related organizations

    $286,688

  • 1e · Government grants (contributions)

    $5,329,282

  • 1f · All other contributions, gifts and grants

    $10,336,471

  • 1g · Noncash contributions included above

    $423,735

  • 2a · Program service revenue: TUITION AND FEES

    total $122,947,642 · related or exempt $122,947,642

  • 2b · Program service revenue: STUDENT HOUSING

    total $8,997,186 · related or exempt $8,997,186

  • 2c · Program service revenue: FOOD SERVICE

    total $5,379,972 · related or exempt $5,379,972

  • 2d · Program service revenue: STUDENT EVENTS AND HOSTING

    total $295,400 · related or exempt $295,400

  • 2e · Program service revenue: BOOKSTORE REVENUE

    total $429,554 · related or exempt $429,554

  • 2f · All other program service revenue

    total $1,571,133 · related or exempt $1,571,133 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $712,079 · excluded $712,079

  • 6a · Gross rents

    real property $151,448

  • 6b · Less rental expenses

    real property $28,672

  • 6c · Rental income or loss

    real property $122,776 · personal property $0

  • 6d · Net rental income or loss

    total $122,776 · excluded $122,776

  • 7a · Gross sales of assets other than inventory

    securities $17,596,496

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

    securities $17,391,351

  • 7c · Gain or loss

    securities $205,145 · other assets $0

  • 7d · Net gain or loss

    total $205,145 · excluded $205,145

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $36,115,446 · program services $36,115,446

  • 5 · Compensation of officers, directors and key employees

    total $603,062 · program services $554,817 · management and general $36,183 · fundraising $12,062

  • 6 · Compensation of disqualified persons

    total $189,665 · management and general $189,665

  • 7 · Other salaries and wages

    total $46,448,187 · program services $43,307,937 · management and general $2,562,330 · fundraising $577,920

  • 8 · Pension plan contributions

    total $1,566,568 · program services $1,411,701 · management and general $131,349 · fundraising $23,518

  • 9 · Other employee benefits

    total $9,656,653 · program services $8,615,956 · management and general $941,811 · fundraising $98,886

  • 10 · Payroll taxes

    total $3,267,250 · program services $3,030,107 · management and general $196,301 · fundraising $40,842

  • 11b · Fees: legal

    total $41,003 · management and general $41,003

  • 11c · Fees: accounting

    total $109,345 · management and general $109,345

  • 11d · Fees: lobbying

    total $2,250 · program services $2,250

  • 11e · Fees: professional fundraising services

    total $51,597 · fundraising $51,597

  • 11f · Fees: investment management

    total $69,827 · management and general $69,827

  • 11g · Fees: other

    total $4,629,713 · program services $3,477,623 · management and general $304,411 · fundraising $847,679

  • 12 · Advertising and promotion

    total $15,323,050 · program services $206,168 · management and general $15,116,882

  • 13 · Office expenses

    total $2,270,769 · program services $1,827,583 · management and general $240,584 · fundraising $202,602

  • 14 · Information technology

    total $3,266,989 · program services $2,658,543 · management and general $417,000 · fundraising $191,446

  • 16 · Occupancy

    total $2,030,315 · program services $1,757,032 · management and general $266,046 · fundraising $7,237

  • 17 · Travel

    total $1,823,083 · program services $1,731,781 · management and general $62,449 · fundraising $28,853

  • 19 · Conferences, conventions and meetings

    total $3,017,236 · program services $1,742,158 · management and general $219,441 · fundraising $1,055,637

  • 20 · Interest

    total $1,005,081 · program services $1,005,081

  • 22 · Depreciation, depletion and amortization

    total $5,319,487 · program services $5,072,656 · management and general $228,636 · fundraising $18,195

  • 23 · Insurance

    total $515,377 · program services $172,884 · management and general $342,394 · fundraising $99

  • 24a · Other expenses: Food Service Expense

    total $4,022,105 · program services $4,022,105

  • 24b · Other expenses: Centennial Institute

    total $973,120 · program services $973,120

  • 24c · Other expenses: Repairs and Maintenance

    total $1,595,581 · program services $1,527,836 · management and general $63,511 · fundraising $4,234

  • 24d · Other expenses: Small Equipment

    total $200,884 · program services $195,274 · management and general $5,293 · fundraising $317

  • 24e · All other expenses

    total $5,014,353 · program services $1,102,036 · management and general $3,899,649 · fundraising $12,668

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,446,639 · end of year $702,928

  • 2 · Savings and temporary cash investments

    beginning of year $6,046,786 · end of year $11,832,476

  • 3 · Pledges and grants receivable

    beginning of year $1,000,000

  • 4 · Accounts receivable

    beginning of year $17,872,556 · end of year $16,512,356

  • 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

  • 7 · Other notes and loans receivable

    beginning of year $166,215 · end of year $166,212

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,688,741 · end of year $1,861,535

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

    $207,291,303

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

    $53,038,718

  • 10c · Land, buildings and equipment, net

    beginning of year $128,488,654 · end of year $154,252,585

  • 11 · Investments: publicly traded securities

    beginning of year $38,007,227 · end of year $27,392,014

  • 12 · Investments: other securities

    beginning of year $4,219,708 · end of year $2,764,711

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $858,274 · end of year $930,915

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,943,092 · end of year $15,497,786

  • 19 · Deferred revenue

    beginning of year $8,553,498 · end of year $9,817,092

  • 20 · Tax-exempt bond liabilities

    beginning of year $48,820,588 · end of year $46,200,753

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $1,303,348 · end of year $1,363,468

  • 27 · Net assets without donor restrictions

    beginning of year $90,271,574 · end of year $105,959,898

  • 28 · Net assets with donor restrictions

    beginning of year $43,902,700 · end of year $37,576,735

Mission and programs · 2023

Mission

See Schedule O.

Activities or mission (Part I)

SERVING GOD BY PROVIDING CHRIST-CENTERED HIGHER EDUCATION.

  • COLORADO CHRISTIAN UNIVERSITY IS A RELIGIOUS INSTITUTION WHICH IS ACCREDITED BY THE HIGHER LEARNING COMMISSION OF THE NORTH CENTRAL ASSOCIATION AND OFFERS BOTH UNDERGRADUATE AND GRADUATE PROGRAMS DESIGNED TO EQUIP STUDENTS TO BECOME LEADERS IN THEIR CAREERS, COMMUNITIES, FAMILIES, AND IN THE WORLD. MORE THAN 10.000 CCU STUDENTS ARE ENROLLED AT THE LAKEWOOD CAMPUS, AT REGIONAL CENTERS THROUGHOUT COLORADO, AND ONLINE VIA THE INTERNET.

    Expenses $105,015,668 · Grants $36,115,446 · Revenue $121,669,316

  • AUXILIARY ENTERPRISES REPRESENTS PRIMARILY THE FOOD AND HOUSING SERVICES PROVIDED TO STUDENTS OF CCU.

    Expenses $15,494,426 · Revenue $17,951,571

As filed on the 2023 return.

Listed in Part VII

  • Eric Hogue

    President

    Total calculated
    $307,993
    From this org
    $283,693
    From related orgs
    $0
    Other
    $24,300
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $223,177
    Bonus
    $54,000
    Other
    $6,516
    Deferred
    $13,148
    Nontaxable benefits
    $11,152
    Filer's total
    $307,993

  • Brad Benson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Derek Hamilton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Doug McDonald

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dr Biff Gore

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jeff Coors

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jerry Jenkins

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • John Pittman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Mark Sheehan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Robert Warren

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sam Kimbriel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Susan Rutehrford

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Terry Leprino

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • The Honorable Kevin Lundberg

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • The Honorable Mike Kopp

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tim McTavish

    Board Member

    Total calculated
    $129,240
    From this org
    $118,253
    From related orgs
    $0
    Other
    $10,987
    Hours/week
    1

  • Will Armstrong

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • William White

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Iain Wightman

    VP Finance & Technology

    Total calculated
    $218,541
    From this org
    $196,315
    From related orgs
    $0
    Other
    $22,226
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,260
    Bonus
    $15,000
    Other
    $9,055
    Deferred
    $11,027
    Nontaxable benefits
    $11,199
    Filer's total
    $218,541

  • Thomas Scheffel

    Corporate Counsel

    Total calculated
    $9,600
    From this org
    $9,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Allison Burkhart

    VP CAGS Marketing, Enrollment

    Total calculated
    $243,852
    From this org
    $225,463
    From related orgs
    $0
    Other
    $18,389
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $211,355
    Bonus
    $8,000
    Other
    $6,108
    Deferred
    $8,406
    Nontaxable benefits
    $9,983
    Filer's total
    $243,852

  • Donald Sweeting

    Chancellor

    Total calculated
    $242,557
    From this org
    $214,495
    From related orgs
    $0
    Other
    $28,062
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,721
    Bonus
    $0
    Other
    $17,774
    Deferred
    $12,451
    Nontaxable benefits
    $15,611
    Filer's total
    $242,557

  • James McCormick

    Senior VP & VP Student Life

    Total calculated
    $234,345
    From this org
    $215,543
    From related orgs
    $0
    Other
    $18,802
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $101,263
    Bonus
    $0
    Other
    $114,280
    Deferred
    $8,018
    Nontaxable benefits
    $10,784
    Filer's total
    $234,345

  • Sarah Scherling

    AP Academic Affairs

    Total calculated
    $228,429
    From this org
    $205,630
    From related orgs
    $0
    Other
    $22,799
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $197,806
    Bonus
    $0
    Other
    $7,824
    Deferred
    $11,967
    Nontaxable benefits
    $10,832
    Filer's total
    $228,429

  • Shannon Dreyfuss

    VP Campus Development

    Total calculated
    $260,455
    From this org
    $230,467
    From related orgs
    $0
    Other
    $29,988
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $218,951
    Bonus
    $5,000
    Other
    $6,516
    Deferred
    $13,960
    Nontaxable benefits
    $16,028
    Filer's total
    $260,455

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 · Travel for companions
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 6a · Pay contingent on this organization's net earnings

Answered no

  • 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
  • 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)

Schedule J, Part I, Line 1a Travel for companions
COMPANION TRAVEL: PRESIDENT HOGUE SOMETIMES TRAVELS TO EVENTS WITH HIS WIFE WHERE THEY BOTH SERVE AS OFFICIAL REPRESENTATIVES OF THE UNIVERSITY. THESE EXPENDITURES ARE APPROPRIATELY TREATED AS BUSINESS TRAVEL EXPENSES AND THEREFORE NOT INCLUDED IN COMPENSATION REPORTED ON FORM 990 PART VII OR SCHEDULE J, PART II.
Schedule J, Part I, Line 4a Severance or change-of-control payment
James McCormick Received a Qualifying Payment of $107,488.
Schedule J, Part I, Line 6a Compensation contingent on net earnings of the organization
$82,000 was accrued for compensation for key Alison Burkhart - $8,000 Shannon Dreyfuss - $5,000employees and officers. Eric Hogue - $54,000 Iain Wightman - $15,000

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.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • JEFFCO PROPERTY INVESTORS LLC

    REAL ESTATE · CO · income $0 · assets $0

    Directly controlled by none

Provenance

Return type
form_990
Tax year
2023
Filed
4 April 2025
IRS schema version
2023v6.0
Source object
202530949349300343

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.