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Nonprofiteer
← REGIS UNIVERSITY

Form 990 for tax year 2022

Filed by REGIS UNIVERSITY.

Totals

Total revenue
$162,105,349
Total expenses
$173,243,293
Contributions and grants received
$18,876,084
Grants paid
$43,382,556
Program service revenue
$140,376,393
Investment income
$1,514,892
Other revenue
$1,337,980
Total assets, end of year
$230,300,184
Total liabilities, end of year
$90,014,383
Net assets or fund balances, end of year
$140,285,801
Program services expenses (Part IX)
$151,714,985
Management and general expenses
$18,986,380
Fundraising expenses
$2,541,928
Program service expenses (Part III)
$151,714,985

Program services were 87.6% 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

    $508,682

  • 1e · Government grants (contributions)

    $7,267,074

  • 1f · All other contributions, gifts and grants

    $11,100,328

  • 1g · Noncash contributions included above

    $3,883,135

  • 2a · Program service revenue: TUITION AND FEES

    total $125,624,005 · related or exempt $125,624,005

  • 2b · Program service revenue: STUDENT AUXILIARY SERVICES

    total $12,263,198 · related or exempt $12,263,198

  • 2c · Program service revenue: OTHER PROGRAM SERVICE REVENUE

    total $2,489,190 · related or exempt $2,366,325 · unrelated business $122,865

  • 3 · Investment income

    total $828,807 · excluded $828,807

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $58 · excluded $58

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $48,622,700 · other assets $9,066

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

    securities $47,945,681

  • 7c · Gain or loss

    securities $677,019 · other assets $9,066

  • 7d · Net gain or loss

    total $686,085 · excluded $686,085

  • 8a · Fundraising events: gross income

    $149,099

  • 8a · Fundraising events: contributions included on line 1c

    $508,682

  • 8b · Fundraising events: direct expenses

    $309,601

  • 8c · Net income from fundraising events

    total -$160,502 · excluded -$160,502

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: INSURANCE PROCEEDS

    total $1,326,644 · related or exempt $1,326,644

  • 11b · Other revenue: OTHER MISCELLANEOUS REVENUE

    total $171,780 · related or exempt $171,780

  • 11e · Other revenue, total

    $1,498,424

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $50,034 · program services $50,034

  • 2 · Grants to domestic individuals

    total $43,332,522 · program services $43,332,522

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $1,509,582 · program services $280,435 · management and general $1,087,494 · fundraising $141,653

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $59,106,334 · program services $52,373,946 · management and general $5,507,723 · fundraising $1,224,665

  • 8 · Pension plan contributions

    total $3,469,043 · program services $3,013,132 · management and general $400,043 · fundraising $55,868

  • 9 · Other employee benefits

    total $8,065,358 · program services $7,930,606 · fundraising $134,752

  • 10 · Payroll taxes

    total $4,244,371 · program services $3,627,454 · management and general $521,847 · fundraising $95,070

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $84,182 · program services $15,649 · management and general $68,533

  • 11c · Fees: accounting

    total $74,743 · management and general $74,743

  • 11d · Fees: lobbying

    total $59,790 · program services $59,790

  • 11e · Fees: professional fundraising services

    total $184,759 · fundraising $184,759

  • 11f · Fees: investment management

    total $369,527 · management and general $369,527

  • 11g · Fees: other

    total $23,099,272 · program services $17,295,702 · management and general $5,388,970 · fundraising $414,600

  • 12 · Advertising and promotion

    total $2,939,166 · program services $2,819,164 · management and general $84,478 · fundraising $35,524

  • 13 · Office expenses

    total $1,349,903 · program services $699,509 · management and general $578,314 · fundraising $72,080

  • 14 · Information technology

    total $1,373,802 · program services $227,444 · management and general $1,132,859 · fundraising $13,499

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $5,913,467 · program services $5,768,035 · management and general $92,358 · fundraising $53,074

  • 17 · Travel

    total $1,644,663 · program services $1,548,236 · management and general $67,306 · fundraising $29,121

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $450 · program services $450

  • 20 · Interest

    total $1,120,912 · program services $238,350 · management and general $882,562

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $8,898,005 · program services $8,685,865 · management and general $212,140

  • 23 · Insurance

    total $1,593,257 · program services $307,985 · management and general $1,277,192 · fundraising $8,080

  • 24a · Other expenses: Equipment & Maintenance

    total $1,059,489 · program services $1,054,633 · fundraising $4,856

  • 24b · Other expenses: Miscellaneous Expense

    total $3,700,662 · program services $2,386,044 · management and general $1,240,291 · fundraising $74,327

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $4,999

  • 2 · Savings and temporary cash investments

    beginning of year $20,737,044 · end of year $12,330,155

  • 3 · Pledges and grants receivable

    beginning of year $6,353,724 · end of year $4,933,381

  • 4 · Accounts receivable

    beginning of year $963,345 · end of year $1,408,342

  • 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 $2,620,089 · end of year $2,238,522

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,500,284 · end of year $3,592,416

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

    $256,287,661

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

    $154,278,208

  • 10c · Land, buildings and equipment, net

    beginning of year $103,619,190 · end of year $102,009,453

  • 11 · Investments: publicly traded securities

    beginning of year $87,916,471 · end of year $83,365,242

  • 12 · Investments: other securities

    beginning of year $5,506,028 · end of year $7,094,394

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $14,410,843 · end of year $13,323,280

  • 17 · Accounts payable and accrued expenses

    beginning of year $29,537,468 · end of year $19,635,192

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $4,832,696 · end of year $3,498,040

  • 20 · Tax-exempt bond liabilities

    beginning of year $40,947,543 · end of year $34,117,015

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $10,572,550 · end of year $9,074,225

  • 23 · Secured mortgages and notes payable

    beginning of year $3,803,339 · end of year $14,516,375

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $6,889,397 · end of year $9,173,536

  • 27 · Net assets without donor restrictions

    beginning of year $70,211,849 · end of year $60,064,523

  • 28 · Net assets with donor restrictions

    beginning of year $79,832,176 · end of year $80,221,278

Mission and programs · 2022

Mission

AS A JESUIT CATHOLIC UNIVERSITY, REGIS SEEKS TO BUILD A MORE JUST AND HUMANE WORLD THROUGH TRANSFORMATIVE EDUCATION AT THE FRONTIERS OF FAITH, REASON AND CULTURE.

  • REGIS COLLEGE PROVIDES VALUE-CENTERED TRADITIONAL UNDERGRADUATE EDUCATION TO STUDENTS AND ENCOURAGES THEM TO MAKE A POSITIVE IMPACT IN A CHANGING SOCIETY. REGIS COLLEGE'S LIBERAL ARTS EDUCATION PROVIDES THE OPPORTUNITY FOR STUDENTS TO EXPLORE THE QUESTION HOW OUGHT WE TO LIVE? WHILE CULTIVATING A HIGH QUALITY ACADEMIC EDUCATION. ABUNDANT OPPORTUNITIES FOR SERVICE LEARNING, ACADEMIC INTERNSHIPS AND CROSS CULTURAL STUDY ABROAD EXPERIENCES MOTIVATE STUDENTS TO TAKE THEIR EDUCATION BEYOND THE CLASSROOM. REGIS STUDENTS ENJOY HUNDREDS OF ACTIVITIES BEYOND ACADEMICS, INCLUDING DIVISION II NCAA ATHLETICS, THE OUTDOOR ADVENTURE PROGRAM, INTRAMURAL SPORTS, THE CAMPUS RADIO STATION, STUDENT GOVERNMENT AND MUCH MORE.

    Expenses $58,791,281 · Grants $26,548,132 · Revenue $65,676,751

  • THE RUECKERT-HARTMAN COLLEGE FOR HEALTH PROFESSIONS (RHCHP) IS COMPRISED OF THREE SCHOOLS: NURSING, PHARMACY AND PHYSICAL THERAPY TWO DIVISIONS: COUNSELING AND FAMILY THERAPY, HEALTH SERVICES EDUCATION; AND ONE DEPARTMENT: HEALTH CARE ETHICS. OUR INNOVATIVE AND DYNAMIC DEGREE AND CERTIFICATE PROGRAMS ARE DESIGNED TO PREPARE STUDENTS FOR A VARIETY OF CAREERS IN THE HEALTH PROFESSIONS WITH CUTTING-EDGE KNOWLEDGE ESSENTIAL IN TODAY'S EVER-CHANGING HEALTH CARE ENVIRONMENTS.

    Expenses $67,700,917 · Grants $9,519,091 · Revenue $55,275,818

  • BUILDING ON OUR JESUIT CATHOLIC TRADITION OF VALUES-BASED EXPERIENTIAL LEARNING, THE ANDERSON COLLEGE OF BUSINESS AND COMPUTING CULTIVATES LEADERS OF INTEGRITY WHO THINK CRITICALLY, COMMUNICATE CLEARLY AND IMPLEMENT INNOVATIVE SOLUTIONS TO COMPLEX CHALLENGES. WE PARTNER WITH BUSINESS AND COMMUNITY LEADERS TO ENHANCE ECONOMIC, ENVIRONMENTAL, AND SOCIAL WELL-BEING. THE ANDERSON COLLEGE OF BUSINESS AND COMPUTING WILL HELP BUSINESS GRADUATES BECOME STEWARDS OF SOCIETY WITH THE GOAL OF IMPROVING THE QUALITY OF LIFE ON EARTH.

    Expenses $25,222,787 · Grants $7,315,333 · Revenue $20,799,383

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Cody R Teets

    Former President (Ex Officio)

    Total calculated
    $389,429
    From this org
    $369,999
    From related orgs
    $0
    Other
    $19,430
    Hours/week
    39.6 + 0.4 related

    Schedule J breakdown matched by us

    Base
    $369,999
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $19,430
    Filer's total
    $389,429

  • Salvador D Aceves

    President

    Total calculated
    $315,994
    From this org
    $279,052
    From related orgs
    $0
    Other
    $36,942
    Hours/week
    39.6 + 0.4 related

    Schedule J breakdown matched by us

    Base
    $279,052
    Bonus
    $0
    Other
    $0
    Deferred
    $23,338
    Nontaxable benefits
    $13,604
    Filer's total
    $315,994

  • Karen Riley

    Provost

    Total calculated
    $303,675
    From this org
    $271,431
    From related orgs
    $0
    Other
    $32,244
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $271,431
    Bonus
    $0
    Other
    $0
    Deferred
    $22,400
    Nontaxable benefits
    $9,844
    Filer's total
    $303,675

  • Samit Shah

    Dean, School of Pharmacy

    Total calculated
    $251,497
    From this org
    $226,356
    From related orgs
    $0
    Other
    $25,141
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $226,356
    Bonus
    $0
    Other
    $0
    Deferred
    $18,338
    Nontaxable benefits
    $6,803
    Filer's total
    $251,497

  • Barbara Wilcots - Vice

    President of Student aFFAIRS

    Total calculated
    $240,597
    From this org
    $215,712
    From related orgs
    $0
    Other
    $24,885
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,712
    Bonus
    $0
    Other
    $0
    Deferred
    $17,313
    Nontaxable benefits
    $7,572
    Filer's total
    $240,597

  • Janelle Ramsel

    secretary, CHIEF LEGAL OFFICER

    Total calculated
    $210,489
    From this org
    $190,745
    From related orgs
    $0
    Other
    $19,744
    Hours/week
    39.6 + 0.4 related

    Schedule J breakdown matched by us

    Base
    $190,745
    Bonus
    $0
    Other
    $0
    Deferred
    $11,839
    Nontaxable benefits
    $7,905
    Filer's total
    $210,489

  • Shari Plantz-Masters

    Academic Dean, Anderson Colleg

    Total calculated
    $204,264
    From this org
    $174,890
    From related orgs
    $0
    Other
    $29,374
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,890
    Bonus
    $0
    Other
    $0
    Deferred
    $15,200
    Nontaxable benefits
    $14,174
    Filer's total
    $204,264

  • Mark Reinking

    Dean/Prof, Sch of Phys Therapy

    Total calculated
    $190,373
    From this org
    $166,936
    From related orgs
    $0
    Other
    $23,437
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,936
    Bonus
    $0
    Other
    $0
    Deferred
    $13,278
    Nontaxable benefits
    $10,159
    Filer's total
    $190,373

  • Linda Osterlund

    Academic Dean & Professor

    Total calculated
    $189,166
    From this org
    $161,402
    From related orgs
    $0
    Other
    $27,764
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $161,402
    Bonus
    $0
    Other
    $0
    Deferred
    $14,002
    Nontaxable benefits
    $13,762
    Filer's total
    $189,166

  • Stephanie Morris - Treasurer

    VP & Chief Financial Officer

    Total calculated
    $181,672
    From this org
    $153,804
    From related orgs
    $0
    Other
    $27,868
    Hours/week
    39.6 + 0.4 related

    Schedule J breakdown matched by us

    Base
    $153,804
    Bonus
    $0
    Other
    $0
    Deferred
    $13,246
    Nontaxable benefits
    $14,622
    Filer's total
    $181,672

  • Kimberley Waldron

    Professor of Chemistry

    Total calculated
    $180,691
    From this org
    $167,438
    From related orgs
    $0
    Other
    $13,253
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $58,715
    Bonus
    $0
    Other
    $108,723
    Deferred
    $5,018
    Nontaxable benefits
    $8,235
    Filer's total
    $180,691

  • Mike Redmond

    AVP, Physical Plant

    Total calculated
    $171,554
    From this org
    $158,379
    From related orgs
    $0
    Other
    $13,175
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $158,379
    Bonus
    $0
    Other
    $0
    Deferred
    $12,653
    Nontaxable benefits
    $522
    Filer's total
    $171,554

  • Lee Andy Anderson Jr

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Maureen K Barker

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Daniel E Berce

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Chauncey Billups

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Timothy R Clancy SJ

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Thomas Curran SJ

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • J Daniel Daly SJ

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Larry Finch

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Jacqueline Fredericks

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Matthew M Gambs

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Brandon Giles

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Nita Gonzales

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Jamie Gronowski

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Margaret M Hartman

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Lisa C Haselden

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Jessica Herrera-Flanigan

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Margaret Holtkamp

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Gregory J O'Meara SJ

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • William T Oulvey SJ

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Mary K Pacifico-Valley

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Julia Prinz VDMP

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Mike Reidy

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Jo Ann Rooney

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Derek J Scarth

    Chair

    Total calculated
    $0
    Hours/week
    0.8

  • Martin J Schmitz

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

  • Barth E Whitham

    Trustee

    Total calculated
    $0
    Hours/week
    0.8

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 · Compensation survey or study
  • 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 4A
SEVERANCE/CHANGE OF CONTROL PAYMENT: KIMBERLEY WALDRON RECEIVED A QUALIFYING PAYMENT IN THE AMOUNT OF $108,723, and is appropriately included on the reportable compensation.

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

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.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CHARITABLE REMAINDER TRUST (1)

    TRUST · CRT · CO

    Directly controlled by REGIS UNIV

Provenance

Return type
form_990
Tax year
2022
Filed
15 March 2024
IRS schema version
2022v5.0
Source object
202420739349301377

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