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Nonprofiteer
← UNIVERSITY OF SAINT FRANCIS OF FORT WAYNE INDIANA INC

Form 990 for tax year 2023

Filed by UNIVERSITY OF SAINT FRANCIS OF FORT WAYNE INDIANA INC.

Totals

Total revenue
$71,973,852
Total expenses
$81,042,907
Contributions and grants received
$4,659,927
Grants paid
$27,712,640
Program service revenue
$63,656,470
Investment income
$3,463,382
Other revenue
$194,073
Total assets, end of year
$122,819,182
Total liabilities, end of year
$20,027,019
Net assets or fund balances, end of year
$102,792,163
Program services expenses (Part IX)
$65,718,210
Management and general expenses
$14,220,602
Fundraising expenses
$1,104,095
Program service expenses (Part III)
$65,718,210

Program services were 81.1% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $320,000

  • 1e · Government grants (contributions)

    $990,385

  • 1f · All other contributions, gifts and grants

    $3,349,542

  • 1g · Noncash contributions included above

    $71,687

  • 2a · Program service revenue: TUITION AND FEES

    total $57,637,838 · related or exempt $57,637,838

  • 2b · Program service revenue: AUXILIARY ENTERPRISES

    total $5,799,676 · related or exempt $5,799,676

  • 2c · Program service revenue: SALES AND SERVICES

    total $24,367 · related or exempt $24,367

  • 2d · Program service revenue: MISCELLANEOUS

    total $194,589 · related or exempt $194,589

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $887,014 · excluded $887,014

  • 5 · Royalties

    total $948 · excluded $948

  • 6a · Gross rents

    real property $130,112 · personal property $182,655

  • 6b · Less rental expenses

    real property $23,940 · personal property $95,702

  • 6c · Rental income or loss

    real property $106,172 · personal property $86,953

  • 6d · Net rental income or loss

    total $193,125 · unrelated business $86,953 · excluded $106,172

  • 7a · Gross sales of assets other than inventory

    securities $43,847,909 · other assets $204,799

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

    securities $41,476,340 · other assets $0

  • 7c · Gain or loss

    securities $2,371,569 · other assets $204,799

  • 7d · Net gain or loss

    total $2,576,368 · excluded $2,576,368

  • 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 $26,574,310 · program services $26,574,310

  • 3 · Grants to foreign organizations and individuals

    total $1,138,330 · program services $1,138,330

  • 5 · Compensation of officers, directors and key employees

    total $1,741,757 · program services $1,162,115 · management and general $378,583 · fundraising $201,059

  • 7 · Other salaries and wages

    total $21,698,374 · program services $17,987,076 · management and general $3,153,525 · fundraising $557,773

  • 8 · Pension plan contributions

    total $1,093,742 · program services $865,791 · management and general $189,120 · fundraising $38,831

  • 9 · Other employee benefits

    total $893,697 · program services $852,543 · management and general $32,584 · fundraising $8,570

  • 10 · Payroll taxes

    total $1,616,440 · program services $1,354,775 · management and general $220,307 · fundraising $41,358

  • 11b · Fees: legal

    total $57,947 · management and general $57,947

  • 11c · Fees: accounting

    total $74,500 · management and general $74,500

  • 11e · Fees: professional fundraising services

    total $217,853 · fundraising $217,853

  • 11f · Fees: investment management

    total $79,303 · management and general $79,303

  • 11g · Fees: other

    total $5,356,172 · program services $2,797,475 · management and general $2,558,697 · fundraising $0

  • 12 · Advertising and promotion

    total $1,351,119 · program services $14,824 · management and general $1,336,295

  • 13 · Office expenses

    total $169,492 · program services $133,856 · management and general $31,154 · fundraising $4,482

  • 14 · Information technology

    total $4,790,109 · program services $36,175 · management and general $4,753,934

  • 16 · Occupancy

    total $1,804,215 · program services $1,804,215

  • 17 · Travel

    total $897,920 · program services $763,861 · management and general $128,871 · fundraising $5,188

  • 19 · Conferences, conventions and meetings

    total $860,022 · program services $540,685 · management and general $290,356 · fundraising $28,981

  • 20 · Interest

    total $410,199 · program services $410,199

  • 22 · Depreciation, depletion and amortization

    total $4,193,402 · program services $4,193,402

  • 23 · Insurance

    total $1,224,779 · program services $289,353 · management and general $935,426

  • 24a · Other expenses: AUXILIARY ENTERPRISES

    total $2,212,359 · program services $2,212,359

  • 24b · Other expenses: INSTRUCTIONAL SUPPORT

    total $1,653,234 · program services $1,653,234

  • 24c · Other expenses: INSTITUTIONAL SUPPORT

    total $326,703 · program services $326,703

  • 24d · Other expenses: ATHLETIC PROGRAMS

    total $409,370 · program services $409,370

  • 24e · All other expenses

    total $197,559 · program services $197,559 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,702,788 · end of year $17,679

  • 2 · Savings and temporary cash investments

    beginning of year $2,697,325 · end of year $10,507,832

  • 3 · Pledges and grants receivable

    beginning of year $3,308,313 · end of year $3,656,725

  • 4 · Accounts receivable

    beginning of year $780,283 · end of year $1,597,982

  • 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 $0

  • 8 · Inventories for sale or use

    beginning of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,607,796 · end of year $2,205,503

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

    $127,000,388

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

    $62,146,419

  • 10c · Land, buildings and equipment, net

    beginning of year $74,782,041 · end of year $64,853,969

  • 11 · Investments: publicly traded securities

    beginning of year $33,807,041 · end of year $30,147,570

  • 12 · Investments: other securities

    beginning of year $2,186,209

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $8,348,224 · end of year $9,831,922

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,348,232 · end of year $6,312,975

  • 18 · Grants payable

    beginning of year $7,620 · end of year $0

  • 19 · Deferred revenue

    beginning of year $205,056 · end of year $236,066

  • 20 · Tax-exempt bond liabilities

    beginning of year $13,582,268 · end of year $13,129,192

  • 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 $348,786

  • 27 · Net assets without donor restrictions

    beginning of year $87,246,118 · end of year $76,716,389

  • 28 · Net assets with donor restrictions

    beginning of year $22,830,726 · end of year $26,075,774

Mission and programs · 2023

Mission

Rooted in the Catholic and Franciscan traditions of Faith and Reason, the University of Saint Francis engages a diverse community in learning, leadership, and service.

  • Educational Delivery: Expenses for education and instruction. Located in Fort Wayne, Indiana, the University of Saint Francis is a private, Catholic university enrolling approximately 1,900 students in majors such as liberal arts, creative arts, business, and health sciences.

    Expenses $61,270,388 · Grants $27,712,640 · Revenue $57,856,794

  • Student Services Programs: Athletics and Auxiliary Enterprises - Expenses for athletics, food services, books, merchandise, and residence halls.

    Expenses $4,447,822 · Revenue $5,799,676

As filed on the 2023 return.

Listed in Part VII

  • Debra Niezer

    Board Member/Secretary

    Total calculated
    $0
    Hours/week
    5

  • Dr Lance Richey

    President

    Total calculated
    $285,338
    From this org
    $258,161
    From related orgs
    $0
    Other
    $27,177
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $258,161
    Bonus
    $0
    Other
    $0
    Deferred
    $18,809
    Nontaxable benefits
    $8,368
    Filer's total
    $285,338

  • Richard Fox

    Board Member/Vice Chairman

    Total calculated
    $0
    Hours/week
    5

  • Richard Poinsatte

    Board Member/Board Chair

    Total calculated
    $0
    Hours/week
    5

  • Ronald Turpin

    Board Member/Treasurer

    Total calculated
    $0
    Hours/week
    5

  • Sr Maria Gemma Salyer

    Vice President for Catholic Culture/Student Life

    Total calculated
    $0
    Hours/week
    40

  • David Lupke

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Dr Joseph LaRosa

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Esther Terry

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Fr Brian Isenbarger

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Ian Boyce

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • James Vann

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Jane Gerardot

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Kathryn Callen

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Most Reverand Kevin Rhoades

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Nicholas Yack

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Patrick Pasterick

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Sr Lissetta Gettinger

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Sr M Angela Mellady

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Sr M Clare Reuille

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Sr M Dorothy Speckhals

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Sr M Jennifer Henry

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Sr M Karol Ann Hoefer

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Sr M Lenore Schwartz

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Sr Margaret Mary Mitchel

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Steve Corona

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Thomas Creevey

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Thomas Obergfell

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • William Niezer

    Board Member

    Total calculated
    $0
    Hours/week
    5

  • Craig Teetsel

    Vice President for Finance

    Total calculated
    $187,615
    From this org
    $166,423
    From related orgs
    $0
    Other
    $21,192
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,423
    Bonus
    $0
    Other
    $0
    Deferred
    $13,662
    Nontaxable benefits
    $7,530
    Filer's total
    $187,615

  • David Rhodes

    Vice President for Enrollment Management

    Total calculated
    $83,182
    From this org
    $82,373
    From related orgs
    $0
    Other
    $809
    Hours/week
    40

  • Ellen Paxton

    Vice President for Institutional Advancement

    Total calculated
    $184,080
    From this org
    $169,684
    From related orgs
    $0
    Other
    $14,396
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $169,684
    Bonus
    $0
    Other
    $0
    Deferred
    $13,548
    Nontaxable benefits
    $848
    Filer's total
    $184,080

  • Richard Bienz

    Vice President for Operations

    Total calculated
    $148,987
    From this org
    $138,211
    From related orgs
    $0
    Other
    $10,776
    Hours/week
    40

  • Robert Pastoor

    Vice President for Student Affairs

    Total calculated
    $114,940
    From this org
    $106,113
    From related orgs
    $0
    Other
    $8,827
    Hours/week
    40

  • Tracy Stewart

    Vice President for Academic Affairs

    Total calculated
    $71,530
    From this org
    $71,280
    From related orgs
    $0
    Other
    $250
    Hours/week
    40

  • Angie Harrell

    Vice President for Healthcare Relations

    Total calculated
    $181,687
    From this org
    $165,282
    From related orgs
    $0
    Other
    $16,405
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,282
    Bonus
    $0
    Other
    $0
    Deferred
    $12,687
    Nontaxable benefits
    $3,718
    Filer's total
    $181,687

  • Dr Amelia Clark

    Executive Director - CIPHER

    Total calculated
    $170,233
    From this org
    $159,487
    From related orgs
    $0
    Other
    $10,746
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,487
    Bonus
    $0
    Other
    $0
    Deferred
    $5,734
    Nontaxable benefits
    $5,012
    Filer's total
    $170,233

  • Dr Jeffrey Easley

    Medical Director, Physician Assistant Studies

    Total calculated
    $128,547
    From this org
    $123,274
    From related orgs
    $0
    Other
    $5,273
    Hours/week
    40

  • Dr Joshua Fairbanks

    Director of Dept of Medical Sciences

    Total calculated
    $168,944
    From this org
    $147,473
    From related orgs
    $0
    Other
    $21,471
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,473
    Bonus
    $0
    Other
    $0
    Deferred
    $11,067
    Nontaxable benefits
    $10,404
    Filer's total
    $168,944

  • Paul Schmidt

    Associate Professor of Physics

    Total calculated
    $153,173
    From this org
    $139,187
    From related orgs
    $0
    Other
    $13,986
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $60,514
    Bonus
    $0
    Other
    $78,673
    Deferred
    $9,845
    Nontaxable benefits
    $4,141
    Filer's total
    $153,173

  • Rev Eric Zimmer

    Former President- Retired in 2023

    Total calculated
    $307,451
    From this org
    $278,215
    From related orgs
    $0
    Other
    $29,236
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $278,215
    Bonus
    $0
    Other
    $0
    Deferred
    $19,789
    Nontaxable benefits
    $9,447
    Filer's total
    $307,451

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
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

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
  • 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

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Housing allowance or residence for personal use
Rev Dr Eric Zimmer was provided with housing in a University owned home during the fiscal year.
Schedule J, Part I, Line 1a Health or social club dues or initiation fees
The University funds social club dues for President Zimmer.
Schedule J, Part I, Line 4a Severance or change-of-control payment
Robert Pastoor - Gross Applicable Amount - $11,197 Richard Bienz - Gross Applicable Amount - $38,882 Paul Schmidt - Gross Applicable Amount of Contract Payout $78,673 -Retirement contribution $ 6,294 - Health care coverage. $12,713

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.

Provenance

Return type
form_990
Tax year
2023
Filed
10 March 2025
IRS schema version
2023v6.0
Source object
202530699349301368

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