Form 990 for tax year 2023
Filed by XAVIER UNIVERSITY OF LOUISIANA.
Totals
- Total revenue
- $158,696,209
- Total expenses
- $165,738,673
- Contributions and grants received
- $67,378,816
- Grants paid
- $17,946,945
- Program service revenue
- $71,699,453
- Investment income
- $13,985,834
- Other revenue
- $5,632,106
- Total assets, end of year
- $523,599,178
- Total liabilities, end of year
- $90,262,115
- Net assets or fund balances, end of year
- $433,337,063
- Program services expenses (Part IX)
- $124,741,601
- Management and general expenses
- $37,244,267
- Fundraising expenses
- $3,752,805
- Program service expenses (Part III)
- $124,741,601
Program services were 75.3% 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)
$45,123,957
-
1f · All other contributions, gifts and grants
$22,254,859
-
2a · Program service revenue: TUITION & FEES
total $53,193,649 · related or exempt $53,193,649
-
2b · Program service revenue: AUXILIARY ENTERPRISES
total $18,434,582 · related or exempt $18,434,582
-
2c · Program service revenue: RENTAL
total $71,222 · unrelated business $71,222
-
3 · Investment income
total $3,137,742 · excluded $3,137,742
-
7a · Gross sales of assets other than inventory
securities $276,320,641
-
7b · Less cost or other basis and sales expenses
securities $265,472,549
-
7c · Gain or loss
securities $10,848,092
-
7d · Net gain or loss
total $10,848,092 · related or exempt $10,848,092
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $5,632,106 · related or exempt $5,632,106
-
11e · Other revenue, total
$5,632,106
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $569,480 · program services $569,480
-
2 · Grants to domestic individuals
total $17,377,465 · program services $17,377,465
-
5 · Compensation of officers, directors and key employees
total $3,594,658 · program services $1,475,303 · management and general $1,900,098 · fundraising $219,257
-
7 · Other salaries and wages
total $58,713,633 · program services $46,436,221 · management and general $11,316,500 · fundraising $960,912
-
8 · Pension plan contributions
total $2,081,386 · program services $1,614,905 · management and general $414,999 · fundraising $51,482
-
9 · Other employee benefits
total $6,346,903 · program services $4,779,665 · management and general $1,461,420 · fundraising $105,818
-
10 · Payroll taxes
total $4,338,598 · program services $3,326,497 · management and general $928,322 · fundraising $83,779
-
11b · Fees: legal
total $627,164 · management and general $607,164 · fundraising $20,000
-
11c · Fees: accounting
total $240,335 · management and general $240,335
-
11d · Fees: lobbying
total $90,000 · management and general $90,000
-
11e · Fees: professional fundraising services
total $162,793 · fundraising $162,793
-
11f · Fees: investment management
total $858,681 · program services $484,115 · management and general $374,566
-
12 · Advertising and promotion
total $383,509 · program services $175,379 · management and general $194,342 · fundraising $13,788
-
13 · Office expenses
total $4,209,309 · program services $2,752,618 · management and general $1,358,066 · fundraising $98,625
-
14 · Information technology
total $1,074,101 · program services $319,845 · management and general $754,256
-
16 · Occupancy
total $5,446,525 · program services $2,638,761 · management and general $2,466,324 · fundraising $341,440
-
17 · Travel
total $2,618,504 · program services $1,934,487 · management and general $606,556 · fundraising $77,461
-
20 · Interest
total $607,653 · program services $310,026 · management and general $297,627
-
22 · Depreciation, depletion and amortization
total $8,103,352 · program services $4,456,844 · management and general $2,861,185 · fundraising $785,323
-
23 · Insurance
total $7,282,976 · program services $5,258,155 · management and general $2,024,821
-
24a · Other expenses: CONTRACTED SERVICES
total $18,239,617 · program services $14,776,273 · management and general $3,356,476 · fundraising $106,868
-
24b · Other expenses: OTHER
total $9,514,819 · program services $4,625,587 · management and general $4,180,469 · fundraising $708,763
-
24c · Other expenses: FOOD SERVICES
total $8,378,554 · program services $8,378,554
-
24d · Other expenses: REPAIRS & MAINTENANCE
total $4,767,243 · program services $2,956,502 · management and general $1,810,741
-
24e · All other expenses
total $111,415 · program services $94,919 · fundraising $16,496
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $7,033,168 · end of year $13,070,355
-
3 · Pledges and grants receivable
beginning of year $20,741,490 · end of year $16,799,946
-
4 · Accounts receivable
beginning of year $5,474,947 · end of year $5,366,976
-
7 · Other notes and loans receivable
beginning of year $1,530,609 · end of year $737,923
-
9 · Prepaid expenses and deferred charges
beginning of year $6,399,664 · end of year $4,424,189
-
10a · Land, buildings and equipment: cost or other basis
$493,637,269
-
10b · Land, buildings and equipment: accumulated depreciation
$195,149,191
-
10c · Land, buildings and equipment, net
beginning of year $249,103,752 · end of year $298,488,078
-
11 · Investments: publicly traded securities
beginning of year $123,786,197 · end of year $117,279,199
-
12 · Investments: other securities
beginning of year $57,641,606 · end of year $64,462,061
-
15 · Other assets
beginning of year $3,501,368 · end of year $2,970,451
-
17 · Accounts payable and accrued expenses
beginning of year $17,314,112 · end of year $30,819,877
-
23 · Secured mortgages and notes payable
beginning of year $21,949,314 · end of year $57,130,957
-
25 · Other liabilities
beginning of year $2,662,064 · end of year $2,311,281
-
27 · Net assets without donor restrictions
beginning of year $320,442,688 · end of year $433,337,063
-
28 · Net assets with donor restrictions
beginning of year $112,844,623
Mission and programs · 2023
Mission
THE ULTIMATE MISSION OF THE UNIVERSITY IS TO CONTRIBUTE TO THE PROMOTION OF A MORE JUST AND HUMANE SOCIETY BY PREPARING ITS STUDENTS TO ASSUME ROLES OF LEADERSHIP AND SERVICE IN A GLOBAL SOCIETY. THIS PREPARATION TAKES PLACE IN A DIVERSE LEARNING AND TEACHING ENVIRONMENT THAT INCORPORATES ALL RELEVANT EDUCATIONAL MEANS, INCLUDING RESEARCH AND COMMUNITY SERVICE.
-
FOUR-YEAR POST SECONDARY EDUCATIONAL INSTITUTE AND SCHOOL OF PHARMACY ANG GRADUATE SCHOOL.
Expenses $124,692,111 · Grants $17,946,945
-
FOUR-YEAR POST SECONDARY EDUCATIONAL INSTITUTE AND SCHOOL OF PHARMACY ANG GRADUATE SCHOOL.
Expenses $49,490
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
C Reynold VerretC REYNOLD VERRET
PRESIDENT
- Total calculated
- $518,417
- From this org
- $476,398
- From related orgs
- $0
- Other
- $42,019
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $421,198
- Bonus
- not reported
- Other
- $55,200
- Deferred
- $14,700
- Nontaxable benefits
- $27,319
- Filer's total
- $518,417
-
Marguerite GiguetteMARGUERITE GIGUETTE
PROVOST
- Total calculated
- $324,387
- From this org
- $286,638
- From related orgs
- $0
- Other
- $37,749
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $286,638
- Bonus
- not reported
- Other
- not reported
- Deferred
- $14,253
- Nontaxable benefits
- $23,496
- Filer's total
- $324,387
-
Verron BradeVERRON BRADE
VICE PRESIDE
- Total calculated
- $315,034
- From this org
- $285,250
- From related orgs
- $0
- Other
- $29,784
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $285,250
- Bonus
- not reported
- Other
- not reported
- Deferred
- $14,527
- Nontaxable benefits
- $15,257
- Filer's total
- $315,034
-
Edward PhillipsEDWARD PHILLIPS
VICE-PRES.
- Total calculated
- $301,555
- From this org
- $267,191
- From related orgs
- $0
- Other
- $34,364
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $267,191
- Bonus
- not reported
- Other
- not reported
- Deferred
- $10,688
- Nontaxable benefits
- $23,676
- Filer's total
- $301,555
-
Dr Kathleen KennedyDR KATHLEEN KENNEDY
DEAN
- Total calculated
- $297,300
- From this org
- $258,306
- From related orgs
- $0
- Other
- $38,994
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $258,306
- Bonus
- not reported
- Other
- not reported
- Deferred
- $15,498
- Nontaxable benefits
- $23,496
- Filer's total
- $297,300
-
Regina BenjaminREGINA BENJAMIN
PROFESSOR
- Total calculated
- $256,597
- From this org
- $228,595
- From related orgs
- $0
- Other
- $28,002
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $228,595
- Bonus
- not reported
- Other
- not reported
- Deferred
- $13,716
- Nontaxable benefits
- $14,286
- Filer's total
- $256,597
-
Phillip AdamsPHILLIP ADAMS
VICE PRESIDE
- Total calculated
- $255,062
- From this org
- $219,257
- From related orgs
- $0
- Other
- $35,805
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $219,257
- Bonus
- not reported
- Other
- not reported
- Deferred
- $13,083
- Nontaxable benefits
- $22,722
- Filer's total
- $255,062
-
Tarun MandalTARUN MANDAL
PROFESSOR
- Total calculated
- $247,591
- From this org
- $212,085
- From related orgs
- $0
- Other
- $35,506
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $212,085
- Bonus
- not reported
- Other
- not reported
- Deferred
- $12,725
- Nontaxable benefits
- $22,781
- Filer's total
- $247,591
-
Joel MunzaJOEL MUNZA
VICE PRESIDE
- Total calculated
- $240,377
- From this org
- $189,437
- From related orgs
- $0
- Other
- $50,940
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $189,437
- Bonus
- not reported
- Other
- not reported
- Deferred
- $11,294
- Nontaxable benefits
- $39,646
- Filer's total
- $240,377
-
Sheraon RobertsSHERAON ROBERTS
PROFESSOR
- Total calculated
- $233,509
- From this org
- $194,417
- From related orgs
- $0
- Other
- $39,092
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $194,417
- Bonus
- not reported
- Other
- not reported
- Deferred
- $39,092
- Nontaxable benefits
- not reported
- Filer's total
- $233,509
-
Anderson Sunda-MyerANDERSON SUNDA-MYER
DEAN
- Total calculated
- $232,904
- From this org
- $194,798
- From related orgs
- $0
- Other
- $38,106
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $194,798
- Bonus
- not reported
- Other
- not reported
- Deferred
- $11,688
- Nontaxable benefits
- $26,418
- Filer's total
- $232,904
-
Curtis WrightCURTIS WRIGHT
VICE PRESIDE
- Total calculated
- $228,637
- From this org
- $194,113
- From related orgs
- $0
- Other
- $34,524
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $194,113
- Bonus
- not reported
- Other
- not reported
- Deferred
- $11,575
- Nontaxable benefits
- $22,949
- Filer's total
- $228,637
-
Patricia BellPATRICIA BELL
VICE PRESIDE
- Total calculated
- $227,072
- From this org
- $206,128
- From related orgs
- $0
- Other
- $20,944
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $206,128
- Bonus
- not reported
- Other
- not reported
- Deferred
- $3,272
- Nontaxable benefits
- $17,672
- Filer's total
- $227,072
-
Mable MooreMABLE MOORE
VICE PRESIDE
- Total calculated
- $223,472
- From this org
- $189,056
- From related orgs
- $0
- Other
- $34,416
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $189,056
- Bonus
- not reported
- Other
- not reported
- Deferred
- $11,343
- Nontaxable benefits
- $23,073
- Filer's total
- $223,472
-
Yashoda PramarYASHODA PRAMAR
PROFESSOR
- Total calculated
- $215,378
- From this org
- $192,989
- From related orgs
- $0
- Other
- $22,389
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $192,989
- Bonus
- not reported
- Other
- not reported
- Deferred
- $22,389
- Nontaxable benefits
- not reported
- Filer's total
- $215,378
-
Jennifer AdansJENNIFER ADANS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 7
-
Alexandra AllenALEXANDRA ALLEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Justin AugustineJUSTIN AUGUSTINE
CHAIR
- Total calculated
- $0
- Hours/week
- 10
-
Brandon GarrettBRANDON GARRETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Richard GilderRICHARD GILDER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Gladstone JonesGLADSTONE JONES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Judge Ivan LemelleJUDGE IVAN LEMELLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Claudia MarmolejoCLAUDIA MARMOLEJO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Meredith MarshallMEREDITH MARSHALL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
James MitchellJAMES MITCHELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Derek RobinsonDEREK ROBINSON
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
James SwansonJAMES SWANSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Joseph WestJOSEPH WEST
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Sister Amelia BretonSISTER AMELIA BRETON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Rabbi Edward CohnRABBI EDWARD COHN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Michelle DetwillerMICHELLE DETWILLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Sister Stephanie HenrySISTER STEPHANIE HENRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Suzanne MalveauxSUZANNE MALVEAUX
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Tom O'HaraTOM O'HARA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Lyon PolkLYON POLK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Chantel ShackelfordCHANTEL SHACKELFORD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Angela VallotANGELA VALLOT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 7
-
Carita WalkerCARITA WALKER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
David WeillDAVID WEILL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 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
- 1a · Housing allowance or residence for personal use
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
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
-
$215,000
RESEARCH
-
$79,441
RESEARCH
-
$60,000
-
$36,000
RESEARCH
-
$30,637
-
RESEARCH FOUNDATION STATE OF NY
$28,072
-
NEW ORLEANS FOOD POLICY ADVISORY
$27,760
GENERAL
-
$27,182
RESEARCH
-
UNIVERSITY OF ALABAMA BIRMINGHAM
$24,223
RESEARCH
-
$18,152
GENERAL
The 10 largest by cash amount. The API serves every itemized grant.
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.
-
501C · SUPPORTING · LA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 May 2024
- IRS schema version
- 2023v6.0
- Source object
- 202521349349300332
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.