Totals
- Total revenue
- $41,125,512
- Total expenses
- $40,408,389
- Contributions and grants received
- $8,044,535
- Grants paid
- $10,925,409
- Program service revenue
- $32,181,774
- Investment income
- $675,904
- Other revenue
- $223,299
- Total assets, end of year
- $96,446,953
- Total liabilities, end of year
- $18,504,307
- Net assets or fund balances, end of year
- $77,942,646
- Program services expenses (Part IX)
- $34,365,237
- Management and general expenses
- $5,182,262
- Fundraising expenses
- $860,890
- Program service expenses (Part III)
- $34,365,237
Program services were 85.0% 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
$10,425
-
1d · Related organizations
$2,024
-
1e · Government grants (contributions)
$513,805
-
1f · All other contributions, gifts and grants
$7,518,281
-
1g · Noncash contributions included above
$1,117,035
-
2a · Program service revenue: TUITION AND FEES
total $26,771,254 · related or exempt $26,771,254
-
2b · Program service revenue: STUDENT HOUSING
total $2,947,367 · related or exempt $2,947,367
-
2c · Program service revenue: FOOD SERVICE
total $1,508,806 · related or exempt $1,508,806
-
2f · All other program service revenue
total $954,347 · related or exempt $954,347
-
3 · Investment income
total $313,415 · excluded $313,415
-
5 · Royalties
total $1,481 · excluded $1,481
-
6a · Gross rents
real property $146,392
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $146,392
-
6d · Net rental income or loss
total $146,392 · unrelated business $29,545 · excluded $116,847
-
7a · Gross sales of assets other than inventory
securities $14,504,711 · other assets $170,882
-
7b · Less cost or other basis and sales expenses
securities $14,313,104 · other assets $0
-
7c · Gain or loss
securities $191,607 · other assets $170,882
-
7d · Net gain or loss
total $362,489 · excluded $362,489
-
8a · Fundraising events: gross income
$20,770
-
8a · Fundraising events: contributions included on line 1c
$10,425
-
8b · Fundraising events: direct expenses
$11,606
-
8c · Net income from fundraising events
total $9,164 · excluded $9,164
-
10a · Gross sales of inventory
$291,534
-
10b · Cost of goods sold
$225,272
-
10c · Net income from sales of inventory
total $66,262 · excluded $66,262
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $10,925,409 · program services $10,925,409
-
5 · Compensation of officers, directors and key employees
total $659,415 · management and general $442,913 · fundraising $216,502
-
6 · Compensation of disqualified persons
total $72,659 · program services $72,659
-
7 · Other salaries and wages
total $11,578,895 · program services $9,888,251 · management and general $1,527,145 · fundraising $163,499
-
8 · Pension plan contributions
total $334,205 · program services $279,689 · management and general $50,159 · fundraising $4,357
-
9 · Other employee benefits
total $1,575,896 · program services $1,289,214 · management and general $259,183 · fundraising $27,499
-
10 · Payroll taxes
total $845,787 · program services $704,801 · management and general $117,769 · fundraising $23,217
-
11c · Fees: accounting
total $83,250 · management and general $83,250
-
11e · Fees: professional fundraising services
total $28,669 · fundraising $28,669
-
11f · Fees: investment management
total $87,156 · management and general $87,156
-
11g · Fees: other
total $3,206,113 · program services $2,523,055 · management and general $408,223 · fundraising $274,835
-
12 · Advertising and promotion
total $344,933 · program services $65,874 · management and general $279,059
-
13 · Office expenses
total $1,487,490 · program services $1,345,937 · management and general $97,927 · fundraising $43,626
-
14 · Information technology
total $3,365 · management and general $3,365
-
16 · Occupancy
total $2,236,438 · program services $2,086,263 · management and general $145,707 · fundraising $4,468
-
17 · Travel
total $865,571 · program services $834,214 · management and general $23,931 · fundraising $7,426
-
19 · Conferences, conventions and meetings
total $38,775 · program services $22,975 · management and general $15,653 · fundraising $147
-
20 · Interest
total $715,808 · program services $654,034 · management and general $58,195 · fundraising $3,579
-
22 · Depreciation, depletion and amortization
total $2,798,526 · program services $2,557,013 · management and general $227,520 · fundraising $13,993
-
23 · Insurance
total $511,417 · program services $165,760 · management and general $340,190 · fundraising $5,467
-
24a · Other expenses: UBI TAXES
total $846 · management and general $846
-
24b · Other expenses: REPAIRS/MAINTENANCE
total $1,096,992 · program services $331,080 · management and general $764,094 · fundraising $1,818
-
24c · Other expenses: MEMBERSHIPS, SUBSCRIPTI
total $244,770 · program services $207,986 · management and general $36,016 · fundraising $768
-
24d · Other expenses: MEALS AND ENTERTAINMENT
total $214,989 · program services $180,867 · management and general $13,463 · fundraising $20,659
-
24e · All other expenses
total $451,015 · program services $230,156 · management and general $200,498 · fundraising $20,361
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,245 · end of year $14,373
-
2 · Savings and temporary cash investments
beginning of year $2,207,026 · end of year $2,478,910
-
3 · Pledges and grants receivable
beginning of year $2,399,254 · end of year $3,523,449
-
4 · Accounts receivable
beginning of year $481,842 · end of year $513,170
-
8 · Inventories for sale or use
beginning of year $140,711 · end of year $140,510
-
9 · Prepaid expenses and deferred charges
beginning of year $773,226 · end of year $993,732
-
10a · Land, buildings and equipment: cost or other basis
$105,721,584
-
10b · Land, buildings and equipment: accumulated depreciation
$50,554,779
-
10c · Land, buildings and equipment, net
beginning of year $55,071,107 · end of year $55,166,805
-
11 · Investments: publicly traded securities
beginning of year $28,661,045 · end of year $29,702,652
-
12 · Investments: other securities
beginning of year $630,779 · end of year $5,506
-
13 · Investments: program-related
beginning of year $494,883 · end of year $403,775
-
15 · Other assets
beginning of year $3,378,960 · end of year $3,504,071
-
17 · Accounts payable and accrued expenses
beginning of year $1,920,251 · end of year $1,749,805
-
18 · Grants payable
beginning of year $546,163 · end of year $440,858
-
19 · Deferred revenue
beginning of year $975,059 · end of year $843,527
-
20 · Tax-exempt bond liabilities
beginning of year $15,570,745 · end of year $14,888,997
-
23 · Secured mortgages and notes payable
beginning of year $17,580 · end of year $84,127
-
24 · Unsecured notes and loans payable
beginning of year $160,715 · end of year $0
-
25 · Other liabilities
beginning of year $678,781 · end of year $496,993
-
27 · Net assets without donor restrictions
beginning of year $42,600,929 · end of year $42,785,953
-
28 · Net assets with donor restrictions
beginning of year $31,772,855 · end of year $35,156,693
Mission and programs · 2023
Mission
THE UNIVERSITY OF SIOUX FALLS, A CHRISTIAN UNIVERSITY IN THE LIBERAL ARTS TRADITION, EDUCATES STUDENTS IN THE HUMANITIES, SCIENCES AND PROFESSIONS. THE TRADITIONAL MOTTO OF THE UNIVERSITY IS CULTURE FOR SERVICE, THAT IS, WE SEEK TO FOSTER ACADEMIC EXCELLENCE AND THE DEVELOPMENT OF MATURE CHRISTIAN PERSONS FOR SERVICE TO GOD AND HUMANKIND IN THE WORLD. THROUGH PROGRAMS IN THE HUMANITIES, SCIENCES AND PROFESSIONS, THE UNIVERSITY HELPS PERSONS GROW INTELLECTUALLY, DISCERN TRUTH AND DEVELOP A CHRISTIAN WORLDVIEW. AS A CHRISTIAN INSTITUTION, THE UNIVERSITY OF SIOUX FALLS FOSTERS IN ALL MEMBERS OF ITS COMMUNITY THE DEVELOPMENT OF EMOTIONAL MATURITY, PHYSICAL WELL-BEING, INTERPERSONAL SKILLS AND VALUES WHICH REFLECT THE CHARACTER AND TEACHINGS OF CHRIST. THE UNIVERSITY OF SIOUX FALLS IS COMMITTED TO THE LORDSHIP OF JESUS CHRIST AND TO THE INTEGRATION OF BIBLICAL FAITH AND LEARNING; IT AFFIRMS THAT CHRISTIANS ARE CALLED TO SHARE THEIR FAITH WITH OTHERS THROUGH LIVES OF SERVICE.
Activities or mission (Part I)
AS A CHRISTIAN UNIVERSITY, USF EDUCATES STUDENTS IN THE HUMANITIES, SCIENCES, AND PROFESSIONS.
-
PRIVATE LIBERAL ARTS HIGHER EDUCATION--PROVIDING EDUCATION TO 1,500 STUDENTS WORKING TOWARD ASSOCIATES, BACHELORS, MASTERS, AND DOCTORATE DEGREES.
Expenses $34,365,237 · Grants $10,925,409 · Revenue $32,181,774
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jeff SavageJEFF SAVAGE
CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Judy BlauwetJUDY BLAUWET
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Beth Shipman-HabichtBETH SHIPMAN-HABICHT
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Tim PlimptonTIM PLIMPTON
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Rocky RehfeldtROCKY REHFELDT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gary BaumgartenerGARY BAUMGARTENER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
William McCreadyWILLIAM MCCREADY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Tom BoschTOM BOSCH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Dr Curt BuchholzDR CURT BUCHHOLZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr John CollierDR JOHN COLLIER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Paul EidsnessPAUL EIDSNESS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Dr Carol EvansDR CAROL EVANS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dave FleckDAVE FLECK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sarah SchulteSARAH SCHULTE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dan LarockDAN LAROCK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Barbara McMurchieBARBARA MCMURCHIE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Max MerryMAX MERRY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Dr Paula O'Neill-WeedonDR PAULA O'NEILL-WEEDON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Rev Randy RasmussenREV RANDY RASMUSSEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Al SchoenemanAL SCHOENEMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Randall StewartRANDALL STEWART
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nancee SturdevantNANCEE STURDEVANT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Daniel ThumDANIEL THUM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Bobbi ThuryBOBBI THURY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Steve YoungSTEVE YOUNG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David EvansDAVID EVANS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Alex RamirezALEX RAMIREZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Pat BarberPAT BARBER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mat NelsonMAT NELSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Craig OkkenCRAIG OKKEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Brian WhislerBRIAN WHISLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kendra CalhounKENDRA CALHOUN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David KapaskaDAVID KAPASKA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Scott RysdonSCOTT RYSDON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Thomas SmithTHOMAS SMITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Brett BradfieldDR BRETT BRADFIELD
PRESIDENT
- Total calculated
- $313,041
- From this org
- $276,037
- From related orgs
- $0
- Other
- $37,004
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $263,694
- Bonus
- $8,250
- Other
- $4,093
- Deferred
- $11,164
- Nontaxable benefits
- $33,535
- Filer's total
- $320,736
-
Michael Van SurksumMICHAEL VAN SURKSUM
VP FOR BUSINESS AND FINANCE
- Total calculated
- $119,131
- From this org
- $92,451
- From related orgs
- $0
- Other
- $26,680
- Hours/week
- 50 + 1 related
-
Todd KnutsonTODD KNUTSON
VP OF INSTITUTIONAL ADVANCEMENT
- Total calculated
- $223,994
- From this org
- $186,829
- From related orgs
- $0
- Other
- $37,165
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $182,029
- Bonus
- $0
- Other
- $4,800
- Deferred
- $7,969
- Nontaxable benefits
- $29,196
- Filer's total
- $223,994
-
Steven HoranSTEVEN HORAN
ASST. PROFESSOR-BUS ADMIN/MBA DIR.
- Total calculated
- $124,876
- From this org
- $108,907
- From related orgs
- $0
- Other
- $15,969
- Hours/week
- 50
-
Jessica CherenegarJESSICA CHERENEGAR
DIRECTOR OF SCHOOL OF NURSING
- Total calculated
- $151,165
- From this org
- $123,647
- From related orgs
- $0
- Other
- $27,518
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $123,647
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $27,518
- Filer's total
- $151,165
-
James GlogowskiJAMES GLOGOWSKI
HEAD FOOTBALL COACH
- Total calculated
- $125,500
- From this org
- $125,200
- From related orgs
- $0
- Other
- $300
- Hours/week
- 50
-
Patricia ColePATRICIA COLE
ASSOC. PROF-BUS ADMIN
- Total calculated
- $132,919
- From this org
- $103,252
- From related orgs
- $0
- Other
- $29,667
- Hours/week
- 50
-
Michael ThompsonMICHAEL THOMPSON
ASSOC. PROF-CRIM JUST/GEN. COUNSEL
- Total calculated
- $140,748
- From this org
- $109,976
- From related orgs
- $0
- Other
- $30,772
- Hours/week
- 50
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
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.
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.
-
HAYWARD MEMORIAL TESTAMENTARY TRUST
501(C)(3) · SUPPORTING ORGANIZATION · SD
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.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CHARITABLE REMAINDER TRUST (1)
T · INVESTMENT · PA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 27 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510629349301866
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.