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Nonprofiteer
← LORAS COLLEGE

Form 990 for tax year 2022

Filed by LORAS COLLEGE.

Totals

Total revenue
$67,407,760
Total expenses
$65,936,856
Contributions and grants received
$14,849,956
Grants paid
$25,185,373
Program service revenue
$51,084,217
Investment income
$1,337,149
Other revenue
$136,438
Total assets, end of year
$114,762,602
Total liabilities, end of year
$62,121,710
Net assets or fund balances, end of year
$52,640,892
Program services expenses (Part IX)
$62,406,696
Management and general expenses
$1,976,682
Fundraising expenses
$1,553,478
Program service expenses (Part III)
$62,406,696

Program services were 94.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JAMES E COLLINS

    PRESIDENT

    Total calculated
    $416,310
    From this org
    $367,713
    From related orgs
    $0
    Other
    $48,597
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $364,904
    Bonus
    $0
    Other
    $2,809
    Deferred
    $11,375
    Nontaxable benefits
    $37,222
    Filer's total
    $416,310

  • MOST REV MICHAEL JACKELS

    CHANCELLOR, REGENT (TERM. 04/2023)

    Total calculated
    $0
    Hours/week
    1

  • BISHOP RICHARD PATES INTERIM

    CHANCELLOR, REGENT (EFF 4/2023)

    Total calculated
    $0
    Hours/week
    1

  • RICHARD SCALISE

    CHAIR, REGENT

    Total calculated
    $0
    Hours/week
    1

  • TONY REARDON

    CHAIR, REGENT (TERM. 10/2022)

    Total calculated
    $0
    Hours/week
    1

  • MARY MEEHAN

    VICE CHAIR, REGENT

    Total calculated
    $0
    Hours/week
    1

  • TIMOTHY SUTHER

    VICE CHAIR, REGENT

    Total calculated
    $0
    Hours/week
    1

  • STEVE SLOAN

    SECRETARY, REGENT

    Total calculated
    $0
    Hours/week
    1

  • DAVID MEYERS

    REGENT

    Total calculated
    $0
    Hours/week
    1

  • GENE MURPHY

    REGENT

    Total calculated
    $0
    Hours/week
    1

  • JOSEPH SCHIESL

    REGENT

    Total calculated
    $0
    Hours/week
    1

  • LUIS ACOSTA

    REGENT

    Total calculated
    $0
    Hours/week
    1

  • MARK CLOGHESSY

    REGENT

    Total calculated
    $0
    Hours/week
    1

  • MARK MOLO

    REGENT

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL RICE

    REGENT

    Total calculated
    $0
    Hours/week
    1

  • MILAN VUCKOVIC

    REGENT

    Total calculated
    $0
    Hours/week
    1

  • MSGR JOHN ENZLER

    REGENT

    Total calculated
    $0
    Hours/week
    1

  • NATALIE HOFFMANN

    REGENT

    Total calculated
    $0
    Hours/week
    1

  • REV MSGR JAMES BARTA

    REGENT

    Total calculated
    $0
    Hours/week
    1

  • RICH CLAYTON

    REGENT

    Total calculated
    $0
    Hours/week
    1

  • SARAH SQUIRES

    REGENT

    Total calculated
    $0
    Hours/week
    1

  • SIOBHAN O'CONNOR HARTSELL

    REGENT

    Total calculated
    $0
    Hours/week
    1

  • STEPHEN SCHLEGEL

    REGENT

    Total calculated
    $0
    Hours/week
    1

  • TOM TAUKE

    REGENT

    Total calculated
    $0
    Hours/week
    1

  • WENDY SCHRUNK

    REGENT

    Total calculated
    $0
    Hours/week
    1

  • WILLIAM GLYNN

    REGENT

    Total calculated
    $0
    Hours/week
    1

  • MARGARET TUNGSETH

    TREASURER

    Total calculated
    $190,333
    From this org
    $166,187
    From related orgs
    $0
    Other
    $24,146
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,034
    Bonus
    $0
    Other
    $1,153
    Deferred
    $11,806
    Nontaxable benefits
    $12,340
    Filer's total
    $190,333

  • DONNA HEALD

    VP FOR ACADEMIC AFFAIRS

    Total calculated
    $181,171
    From this org
    $157,598
    From related orgs
    $0
    Other
    $23,573
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,801
    Bonus
    $0
    Other
    $797
    Deferred
    $11,467
    Nontaxable benefits
    $12,106
    Filer's total
    $181,171

  • MARY ELLEN CARROLL

    SENIOR VICE PRESIDENT

    Total calculated
    $161,733
    From this org
    $127,301
    From related orgs
    $0
    Other
    $34,432
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $126,650
    Bonus
    $0
    Other
    $651
    Deferred
    $9,884
    Nontaxable benefits
    $24,548
    Filer's total
    $161,733

  • ARTHUR SUNLEAF

    VP FOR STUDENT DEVELOPMENT

    Total calculated
    $138,429
    From this org
    $110,309
    From related orgs
    $0
    Other
    $28,120
    Hours/week
    40

  • SCOTT MCCLURE

    VP FOR INSTITUTIONAL ADV

    Total calculated
    $135,452
    From this org
    $119,020
    From related orgs
    $0
    Other
    $16,432
    Hours/week
    40

  • CRAIG SCHAEFER

    DIRECTOR OF TV STUDIO

    Total calculated
    $206,747
    From this org
    $176,406
    From related orgs
    $0
    Other
    $30,341
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $176,184
    Bonus
    $0
    Other
    $222
    Deferred
    $5,218
    Nontaxable benefits
    $25,123
    Filer's total
    $206,747

  • TOM KRUSE

    CHIEF INFORMATION & BUDGET OFFICER

    Total calculated
    $125,243
    From this org
    $109,957
    From related orgs
    $0
    Other
    $15,286
    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 · 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 · Form 990 of other organizations
  • 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 HOUSING ALLOWANCE ACCOUNT FOR AN EMPLOYEE IS PART OF THE NORMAL TAXABLE WAGES PAID TO THE EMPLOYEE AND IS INCLUDED AS PART OF THE EMPLOYEE'S TAXABLE INCOME.

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

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.

  • PERPETUAL TRUSTS (1)

    T · CHARITABLE TRUST · IA

  • CHARITABLE REMAINDER UNITRUST (3)

    T · CHARITABLE TRUST · IA

Provenance

Return type
form_990
Tax year
2022
Filed
11 April 2024
IRS schema version
2022v5.0
Source object
202431069349301643

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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