Totals
- Total revenue
- $51,464,423
- Total expenses
- $37,331,558
- Contributions and grants received
- $21,406,682
- Grants paid
- $4,208,288
- Program service revenue
- $23,623,979
- Investment income
- $5,766,231
- Other revenue
- $667,531
- Total assets, end of year
- $148,740,706
- Total liabilities, end of year
- $29,618,575
- Net assets or fund balances, end of year
- $119,122,131
- Program services expenses (Part IX)
- $31,897,625
- Management and general expenses
- $4,337,071
- Fundraising expenses
- $1,096,862
- Program service expenses (Part III)
- $31,897,625
Program services were 85.4% 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
$1,249,270
-
1e · Government grants (contributions)
$346,727
-
1f · All other contributions, gifts and grants
$19,810,685
-
1g · Noncash contributions included above
$756,616
-
2a · Program service revenue: TUITION AND FEES
total $14,504,842 · related or exempt $14,504,842
-
2b · Program service revenue: AUXILIARY ENTERPRISES
total $9,119,137 · related or exempt $9,060,067 · unrelated business $59,070
-
3 · Investment income
total $4,396,349 · excluded $4,396,349
-
7a · Gross sales of assets other than inventory
securities $10,472,244 · other assets $156,294
-
7b · Less cost or other basis and sales expenses
securities $9,222,545 · other assets $36,111
-
7c · Gain or loss
securities $1,249,699 · other assets $120,183
-
7d · Net gain or loss
total $1,369,882 · related or exempt $120,183 · excluded $1,249,699
-
10a · Gross sales of inventory
$326,957
-
10b · Cost of goods sold
$172,869
-
10c · Net income from sales of inventory
total $154,088 · related or exempt $136,234 · unrelated business $17,854
-
11d · All other revenue
total $513,443 · related or exempt $513,443
-
11e · Other revenue, total
$513,443
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $4,208,288 · program services $4,208,288
-
5 · Compensation of officers, directors and key employees
total $587,787 · management and general $482,743 · fundraising $105,044
-
7 · Other salaries and wages
total $11,874,742 · program services $9,544,421 · management and general $1,812,493 · fundraising $517,828
-
8 · Pension plan contributions
total $220,033 · program services $161,417 · management and general $46,280 · fundraising $12,336
-
9 · Other employee benefits
total $2,150,316 · program services $1,631,084 · management and general $418,137 · fundraising $101,095
-
10 · Payroll taxes
total $781,041 · program services $572,973 · management and general $164,279 · fundraising $43,789
-
11b · Fees: legal
total $16,559 · management and general $16,559
-
11c · Fees: accounting
total $78,988 · management and general $78,988
-
11e · Fees: professional fundraising services
total $37,000 · fundraising $37,000
-
11g · Fees: other
total $2,436,199 · program services $2,261,681 · management and general $149,212 · fundraising $25,306
-
12 · Advertising and promotion
total $550,140 · program services $357,583 · management and general $182,525 · fundraising $10,032
-
13 · Office expenses
total $432,116 · program services $332,520 · management and general $93,765 · fundraising $5,831
-
14 · Information technology
total $417,257 · program services $242,972 · management and general $174,285
-
15 · Royalties
total $928 · program services $928
-
16 · Occupancy
total $2,012,691 · program services $1,819,039 · management and general $185,610 · fundraising $8,042
-
17 · Travel
total $855,567 · program services $746,916 · management and general $38,900 · fundraising $69,751
-
19 · Conferences, conventions and meetings
total $23,474 · program services $14,716 · management and general $8,758
-
20 · Interest
total $1,009,923 · program services $895,923 · management and general $112,928 · fundraising $1,072
-
22 · Depreciation, depletion and amortization
total $2,892,152 · program services $2,738,834 · management and general $151,497 · fundraising $1,821
-
23 · Insurance
total $295,486 · program services $281,395 · management and general $12,500 · fundraising $1,591
-
24a · Other expenses: FOOD
total $1,724,934 · program services $1,724,934
-
24b · Other expenses: SUPPLIES, PRINTING, AND
total $592,566 · program services $525,135 · management and general $67,431
-
24c · Other expenses: PROGRAM AND PROJECTS
total $447,216 · program services $360,220 · management and general $86,996
-
24d · Other expenses: LAB COSTS
total $145,591 · program services $145,591
-
24e · All other expenses
total $3,540,564 · program services $3,331,055 · management and general $53,185 · fundraising $156,324
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $135,058 · end of year $243,555
-
2 · Savings and temporary cash investments
beginning of year $2,455,995 · end of year $1,936,395
-
3 · Pledges and grants receivable
beginning of year $1,749,576 · end of year $10,137,724
-
4 · Accounts receivable
beginning of year $1,299,437 · end of year $1,269,170
-
7 · Other notes and loans receivable
beginning of year $603,410 · end of year $470,118
-
8 · Inventories for sale or use
beginning of year $124,460 · end of year $114,457
-
9 · Prepaid expenses and deferred charges
beginning of year $592,679 · end of year $727,712
-
10a · Land, buildings and equipment: cost or other basis
$101,972,907
-
10b · Land, buildings and equipment: accumulated depreciation
$65,995,605
-
10c · Land, buildings and equipment, net
beginning of year $37,512,750 · end of year $35,977,302
-
11 · Investments: publicly traded securities
beginning of year $81,136,171 · end of year $91,947,898
-
15 · Other assets
beginning of year $6,616,397 · end of year $5,916,375
-
17 · Accounts payable and accrued expenses
beginning of year $2,602,537 · end of year $2,933,998
-
19 · Deferred revenue
beginning of year $1,019,447 · end of year $1,037,851
-
20 · Tax-exempt bond liabilities
beginning of year $21,945,000 · end of year $21,595,000
-
25 · Other liabilities
beginning of year $4,448,953 · end of year $4,051,726
-
27 · Net assets without donor restrictions
beginning of year $16,961,108 · end of year $13,620,316
-
28 · Net assets with donor restrictions
beginning of year $85,248,888 · end of year $105,501,815
Mission and programs · 2024
Mission
HOUGHTON UNIVERSITY PROVIDES AN ACADEMICALLY CHALLENGING, CHRIST-CENTERED EDUCATION IN THE LIBERAL ARTS AND SCIENCES TO STUDENTS FROM DIVERSE TRADITIONS AND ECONOMIC BACKGROUNDS AND EQUIPS THEM TO LEAD AND LABOR AS SCHOLAR-SERVANTS IN A CHANGING WORLD.
Activities or mission (Part I)
A NATIONALLY RANKED CHRISTIAN UNIVERSITY FOUNDED BY THE WESLEYAN CHURCH.
-
INSTRUCTION: HOUGHTON UNIVERSITY PROVIDES ACADEMICALLY CHALLENGING, CHRIST-CENTERED EDUCATION IN THE LIBERAL ARTS AND SCIENCES THROUGH AN ORTHODOX CHRISTIAN WORLDVIEW. A HOUGHTON EDUCATION IS DEEPLY ROOTED IN THE WESLEYAN THEOLOGICAL TRADITION AND IS AVAILABLE TO STUDENTS THROUGH BOTH RESIDENTIAL AND ONLINE PLATFORM. OUR RURAL, RESIDENTIAL CAMPUS FOCUSES ON LEARNING WITHIN AN INTENTIONAL CHRIST-CENTERED COMMUNITY, OFFERING OVER 70 MAJORS TO APPROXIMATELY 900 TRADITIONAL UNDERGRADUATE STUDENTS, EQUIPPING THEM WITH DEGREES IN THE LIBERAL ARTS, NATURAL SCIENCES AND PRE-PROFESSIONAL PROGRAMS. EXPERIENTIAL LEARNING BOTH IN AND OUT OF THE CLASSROOM IS A HALLMARK OF A HOUGHTON EDUCATION, AND UNIQUELY PREPARES OUR STUDENTS TO LEAD AND LABOR AS SCHOLAR-SERVANTS IN A CHANGING WORLD. OUR ONLINE EDUCATION PROVIDES THE SAME ACADEMICALLY CHALLENGING EDUCATION THROUGH AN ORTHODOX CHRISTIAN WORLDVIEW TO A STUDENT BODY OF DIVERSE LEARNERS INCLUDING ADULTS, PROFESSIONALS, TRADITIONAL COLLEGE STUDENTS, AND PRE-COLLEGE DUAL-ENROLLED STUDENTS.
Expenses $13,471,615 · Grants $4,208,288 · Revenue $14,504,842
-
AUXILARY ENTERPRISES: HOUGHTON UNIVERSITY'S AUXILIARY ENTERPRISES ARE PRIMARILY COMPOSED OF STUDENT HOUSING, DINING SERVICES AND THE HIGHLANDERS SHOP CAMPUS STORE. AS A RURAL, RESIDENTIAL CAMPUS, THESE COMPONENTS BECOME A VITAL PART OF A STUDENT'S EXPERIENCE, PROVIDING OPPORTUNITY FOR SOCIAL AND EMOTIONAL GROWTH AND FEEDING INTO THE VITALLY IMPORTANT TASK OF DEVELOPING CHRISTIAN YOUNG MEN AND WOMEN. AS STUDENTS LIVE AND LEARN TOGETHER, THE GROWTH WHICH TAKES PLACE IN STUDENT HOUSING AND THE DINING HALL IS OFTEN A SIGNIFICANT FACTOR IN THE WORLD-CHANGING, KINGDOM IMPACT OUR ALUMNI WILL HAVE AFTER GRADUATION.
Expenses $7,186,721 · Revenue $9,196,301
-
STUDENT SERVICES: AT HOUGHTON UNIVERSITY, EDUCATION IS NOT CONFINED TO THE CLASSROOM. STUDENT LIFE, INCLUDING APPROXIMATELY 35 UNIQUE STUDENT CLUBS, A WEEKLY RHYTHM OF SPIRITUAL DEVELOPMENT, AND STUDENT LEADERSHIP DEVELOPMENT, PROVIDES BOTH SOCIAL AND PROFESSIONAL LEARNING OPPORTUNITIES FOR HOUGHTON STUDENTS. AS AN NCAA DIII SCHOOL, HIGHLANDER ATHLETICS SPONSORS 15 SPORTS TEAMS AND SERVES APPROXIMATELY ONE-THIRD OF THE STUDENT BODY, OFFERING LIFE-LONG WELLNESS SKILLS AND INTENSIVE CHRISTIAN LEADERSHIP DEVELOPMENT. OTHER STUDENT SERVICES INCLUDE WRAP-AROUND CARE SUPPORTING STUDENT'S MENTAL AND PHYSICAL WELLBEING, ACADEMIC SUPPORTS, AND INTERNSHIP AND CAREER SERVICES.
Expenses $9,228,510
-
OTHER PROGRAM EXPENSES INCLUDE GRANTS TO STUDENTS, AS WELL AS DEPARTMENTAL PROJECTS AND STUDENT LOANS.
Expenses $2,010,779 · Revenue $633,626
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dr Wayne D Lewis JrDR WAYNE D LEWIS JR
PRESIDENT
- Total calculated
- $294,918
- From this org
- $279,134
- From related orgs
- $0
- Other
- $15,784
- Hours/week
- 39 + 1 related
Schedule J breakdown matched by us
- Base
- $279,134
- Bonus
- $0
- Other
- $0
- Deferred
- $8,374
- Nontaxable benefits
- $7,410
- Filer's total
- $294,918
-
Rev Dr Joseph JenningsREV DR JOSEPH JENNINGS
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Rev Dr Matthew D PickeringREV DR MATTHEW D PICKERING
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Karen FohlKAREN FOHL
SECRETARY
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Joy TolliverJOY TOLLIVER
ASSISTANT SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Gary BahlerGARY BAHLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Joanne BarnesDR JOANNE BARNES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Daniel BatesDANIEL BATES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Debra CanfieldDEBRA CANFIELD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
James EckertJAMES ECKERT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mike GaffneyMIKE GAFFNEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rev John GilletteREV JOHN GILLETTE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Doris GriffinDR DORIS GRIFFIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Omar HaedoOMAR HAEDO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ray KaltenbaughRAY KALTENBAUGH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Ralph KerrDR RALPH KERR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kevin C KnowltonKEVIN C KNOWLTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Gary LarderGARY LARDER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Emily LastEMILY LAST
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
John LeeJOHN LEE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rev Dr J Anthony LloydREV DR J ANTHONY LLOYD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr C David MarkleDR C DAVID MARKLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rev Dr Greg McClainREV DR GREG MCCLAIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Tanya NaceTANYA NACE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Harriett OlsonHARRIETT OLSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Terry SlyeTERRY SLYE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rev Harold SpoonerREV HAROLD SPOONER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Coreena WeaverDR COREENA WEAVER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Aimee WuethrichAIMEE WUETHRICH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Jun ZhuangDR JUN ZHUANG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dale WrightDALE WRIGHT
VP OF FINANCE
- Total calculated
- $147,141
- From this org
- $134,012
- From related orgs
- $0
- Other
- $13,129
- Hours/week
- 38 + 2 related
-
David DaviesDAVID DAVIES
PROVOST AND DEAN OF FACULTY
- Total calculated
- $154,530
- From this org
- $141,551
- From related orgs
- $0
- Other
- $12,979
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $141,551
- Bonus
- $0
- Other
- $0
- Deferred
- $4,247
- Nontaxable benefits
- $8,732
- Filer's total
- $154,530
-
Jason TowersJASON TOWERS
VP FOR ENROLLMENT
- Total calculated
- $146,566
- From this org
- $133,425
- From related orgs
- $0
- Other
- $13,141
- Hours/week
- 40
-
Ann Monroe-BaillargeonANN MONROE-BAILLARGEON
DEAN OF EDUCATION AND PSYCHOLOGY
- Total calculated
- $130,056
- From this org
- $121,837
- From related orgs
- $0
- Other
- $8,219
- Hours/week
- 40
-
Karl SissonKARL SISSON
VP FOR ADVANCEMENT AND EXTERNAL ENGAGEMENT
- Total calculated
- $130,379
- From this org
- $124,786
- From related orgs
- $0
- Other
- $5,593
- Hours/week
- 39 + 1 related
-
William BurrichterWILLIAM BURRICHTER
VP FOR STUDENT LIFE
- Total calculated
- $118,334
- From this org
- $104,616
- From related orgs
- $0
- Other
- $13,718
- Hours/week
- 40
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
- 1a · Housing allowance or residence for personal use
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Compensation survey or study
- 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
The filer's explanations (Part III)
- PART I, LINE 1A
- THE PRESIDENT IS PROVIDED HOUSING BY THE INSTITUTION WITH THE EXPECTATION THAT THE HOME IS USED FOR INSTITUTIONAL FUNCTIONS AND GUEST HOUSING THROUGHOUT THE COURSE OF THE YEAR. IT IS ANTICIPATED THAT THE PRESIDENT'S SPOUSE WILL TAKE PART IN VARIOUS UNIVERSITY FUNCTIONS, ALUMNI AND ADVANCEMENT EVENTS AND OTHER TRIPS. TO THE EXTENT APPROVED BY THE BOARD CHAIR OR DESIGNEE SUCH EXPENSES ARE COVERED BY THE INSTITUTION TO AN ANNUAL MAXIMUM AMOUNT.
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.
-
501(C)(3) · SUPPORT OF COMMUNITY · NY · controlled entity
Directly controlled by HOUGHTON UNIVERSITY
-
THE WESLEYAN INVESTMENT FUND INC
501(C)(3) · CHURCH LENDING INSITITUTION · IN
Directly controlled by THE WESLEYAN CHURCH CORPORATION
-
THE WESLEYAN CHURCH CORPORATION
501(C)(3) · CHURCH · IN
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 7 April 2026
- IRS schema version
- 2024v5.5
- Source object
- 202631009349300328
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.