Totals
- Total revenue
- $73,077,952
- Total expenses
- $70,479,479
- Contributions and grants received
- $9,647,431
- Grants paid
- $28,918,879
- Program service revenue
- $58,822,052
- Investment income
- $3,810,564
- Other revenue
- $797,905
- Total assets, end of year
- $159,898,866
- Total liabilities, end of year
- $15,983,856
- Net assets or fund balances, end of year
- $143,915,010
- Program services expenses (Part IX)
- $57,961,544
- Management and general expenses
- $10,535,074
- Fundraising expenses
- $1,982,861
- Program service expenses (Part III)
- $57,961,544
Program services were 82.2% 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
$368,290
-
1e · Government grants (contributions)
$1,673,031
-
1f · All other contributions, gifts and grants
$7,606,110
-
1g · Noncash contributions included above
$685,960
-
2a · Program service revenue: TUITION AND FEES
total $46,058,095 · related or exempt $46,058,095
-
2b · Program service revenue: AUXILIARY ENTERPRISES
total $9,943,011 · related or exempt $9,943,011
-
2c · Program service revenue: OTHER SOURCES
total $1,847,400 · related or exempt $1,847,400
-
2d · Program service revenue: ATHLETICS
total $973,546 · related or exempt $973,546
-
3 · Investment income
total $1,811,244 · excluded $1,811,244
-
6a · Gross rents
real property $1,354,614
-
6b · Less rental expenses
real property $583,121
-
6c · Rental income or loss
real property $771,493
-
6d · Net rental income or loss
total $771,493 · unrelated business $20,868 · excluded $750,625
-
7a · Gross sales of assets other than inventory
securities $6,146,098 · other assets $272,503
-
7b · Less cost or other basis and sales expenses
securities $4,138,632 · other assets $280,649
-
7c · Gain or loss
securities $2,007,466 · other assets -$8,146
-
7d · Net gain or loss
total $1,999,320 · excluded $1,999,320
-
8a · Fundraising events: gross income
$4,544
-
8a · Fundraising events: contributions included on line 1c
$368,290
-
8b · Fundraising events: direct expenses
$60,868
-
8c · Net income from fundraising events
total -$56,324 · excluded -$56,324
-
9a · Gaming: gross income
$21,002
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $21,002 · excluded $21,002
-
10a · Gross sales of inventory
$299,101
-
10b · Cost of goods sold
$237,367
-
10c · Net income from sales of inventory
total $61,734 · related or exempt $61,734
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $28,918,879 · program services $28,918,879
-
5 · Compensation of officers, directors and key employees
total $1,145,943 · program services $369,168 · management and general $576,002 · fundraising $200,773
-
7 · Other salaries and wages
total $15,559,727 · program services $12,487,658 · management and general $2,182,166 · fundraising $889,903
-
8 · Pension plan contributions
total $579,536 · program services $446,682 · management and general $95,206 · fundraising $37,648
-
9 · Other employee benefits
total $3,235,378 · program services $1,358,036 · management and general $1,780,681 · fundraising $96,661
-
10 · Payroll taxes
total $1,332,370 · program services $1,071,244 · management and general $185,484 · fundraising $75,642
-
11f · Fees: investment management
total $120,291 · management and general $120,291
-
11g · Fees: other
total $3,569,595 · program services $1,533,481 · management and general $1,833,436 · fundraising $202,678
-
13 · Office expenses
total $2,167,744 · program services $986,830 · management and general $927,674 · fundraising $253,240
-
16 · Occupancy
total $796,161 · program services $36,451 · management and general $759,710
-
17 · Travel
total $2,135,459 · program services $1,812,669 · management and general $201,383 · fundraising $121,407
-
19 · Conferences, conventions and meetings
total $3,794,953 · program services $3,515,001 · management and general $279,952
-
20 · Interest
total $247,459 · program services $219,216 · management and general $28,243
-
22 · Depreciation, depletion and amortization
total $4,389,184 · program services $3,099,115 · management and general $1,286,918 · fundraising $3,151
-
24a · Other expenses: SUPPLIES
total $2,353,694 · program services $2,058,878 · management and general $277,928 · fundraising $16,888
-
24b · Other expenses: OTHER
total $84,870 · fundraising $84,870
-
24c · Other expenses: PERIODICALS
total $48,236 · program services $48,236
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $4,615,899 · end of year $2,484,424
-
3 · Pledges and grants receivable
beginning of year $2,054,757 · end of year $1,851,356
-
4 · Accounts receivable
beginning of year $1,784,524 · end of year $974,695
-
8 · Inventories for sale or use
beginning of year $202,865 · end of year $140,732
-
9 · Prepaid expenses and deferred charges
beginning of year $327,281 · end of year $779,299
-
10a · Land, buildings and equipment: cost or other basis
$139,370,317
-
10b · Land, buildings and equipment: accumulated depreciation
$73,745,682
-
10c · Land, buildings and equipment, net
beginning of year $60,626,958 · end of year $65,624,635
-
11 · Investments: publicly traded securities
beginning of year $74,702,522 · end of year $80,056,509
-
12 · Investments: other securities
beginning of year $3,393,921 · end of year $3,379,423
-
15 · Other assets
beginning of year $5,313,066 · end of year $4,607,793
-
17 · Accounts payable and accrued expenses
beginning of year $4,097,479 · end of year $2,820,791
-
19 · Deferred revenue
beginning of year $1,783,275 · end of year $1,741,496
-
23 · Secured mortgages and notes payable
beginning of year $9,764,459 · end of year $10,428,796
-
25 · Other liabilities
beginning of year $1,052,546 · end of year $992,773
-
27 · Net assets without donor restrictions
beginning of year $65,683,376 · end of year $67,118,035
-
28 · Net assets with donor restrictions
beginning of year $70,640,658 · end of year $76,796,975
Mission and programs · 2024
Mission
CARROLL COLLEGE IS A CATHOLIC, DIOCESAN, LIBERAL ARTS COLLEGE IN THE ECUMENICAL TRADITION OF THE SECOND VATICAN COUNCIL. AS A LIBERAL ARTS SCHOOL, CARROLL COLLEGE ACKNOWLEDGES THE PRACTICAL ROLE OF PREPARING ITS STUDENTS FOR A CAREER, BUT IT ALSO AFFIRMS THE TRADITIONAL ROLE OF PROVIDING FOR THE EXPANSION OF THE INTELLECTUAL, IMAGINATIVE, AND SOCIAL AWARENESS OF ITS STUDENTS. IT IS DEDICATED TO PROVIDING FOR ITS STUDENTS THE MEANS FOR THEIR FULL REALIZATION OF A DUAL GOAL OF VOCATION AND ENLIGHTENMENT. THUS, WHILE PROVIDING SUBSTANTIAL PROFESSIONAL AND PRE-PROFESSIONAL PROGRAMS, THE COLLEGE ENCOURAGES AND EXPECTS ALL STUDENTS TO PARTICIPATE IN A BROAD SPECTRUM OF ACADEMIC DISCIPLINES.
Activities or mission (Part I)
CARROLL COLLEGE IS A CATHOLIC, DIOCESAN, LIBERAL ARTS COLLEGE IN THE ECUMENICAL TRADITION OF THE SECOND VATICAN COUNCIL. CARROLL COLLEGE ACKNOWLEDGES THE ROLE OF PREPARING ITS STUDENTS FOR A CAREER, AND ALSO AFFIRMS THE ROLE OF PROVIDING FOR THE EXPANSION OF THE INTELLECTUAL, IMAGINATIVE, AND SOCIAL AWARENESS OF ITS STUDENTS. CARROLL COLLEGE AFFIRMS ITS COMMITMENT TO THE PRINCIPLE OF FREEDOM OF INQUIRY. CARROLL COLLEGE IS COMMITTED TO A POLICY OF OPEN PARTICIPATION BY MEMBERS OF ALL RELIGIOUS FAITHS AND ALL PERSONS OF GOOD WILL IN THE TOTAL ACADEMIC AND SPIRITUAL EXPERIENCE OF THE COLLEGE COMMUNITY.
-
INSTRUCTION - LIBERAL ARTS PROGRAM LEADING TO A BACCALAUREATE DEGREE
Expenses $11,543,003 · Revenue $46,058,095
-
ACADEMIC SUPPORT - ACADEMIC ADMINISTRATION, LIBRARIES, LOGISTICS AND SERVICES
Expenses $3,286,748
-
STUDENT SERVICES - OFFICE OF THE DEAN OF STUDENTS, STUDENT ACTIVITIES, STUDENT PUBLICATIONS,COUNSELING, FINANCIAL AID, STUDENT RECORDS, AND STUDENT HEALTH ISSUES
Expenses $41,406,175 · Grants $28,918,879 · Revenue $11,258,940
-
OTHER PROGRAMS
Expenses $1,725,618 · Revenue $1,566,751
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Bob HeberlyBOB HEBERLY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Chris GilletteCHRIS GILLETTE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Theresa RacicotTHERESA RACICOT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Donald Wetzel JrDONALD WETZEL JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Thomas DowneyTHOMAS DOWNEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Dr Russ BellDR RUSS BELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
The Rev Dr Bart TollesonTHE REV DR BART TOLLESON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Chris SchellingCHRIS SCHELLING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Sarah WalshSARAH WALSH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Dr David LechnerDR DAVID LECHNER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
The Rev Craig HanleyTHE REV CRAIG HANLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Sara SexeSARA SEXE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Bishop Austin VetterBISHOP AUSTIN VETTER
CHANCELLOR
- Total calculated
- $0
- Hours/week
- 2
-
The Rev Patrick BerettaTHE REV PATRICK BERETTA
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Ron BazeRON BAZE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Dr Joyce StewartDR JOYCE STEWART
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Thomas WhyteTHOMAS WHYTE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
John SullivanJOHN SULLIVAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Michael DaltonMICHAEL DALTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Monica GomezMONICA GOMEZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Msgr Kevin O'NeillMSGR KEVIN O'NEILL
TRUSTEE EMERITUS
- Total calculated
- $0
- Hours/week
- 2
-
Paul Grmoljez MDPAUL GRMOLJEZ MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Didi Augustine PecciaDIDI AUGUSTINE PECCIA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Dr John CechDR JOHN CECH
PRESIDENT/EX-OFFICIO
- Total calculated
- $318,629
- From this org
- $283,836
- From related orgs
- $0
- Other
- $34,793
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $283,836
- Bonus
- $0
- Other
- $0
- Deferred
- $13,144
- Nontaxable benefits
- $21,649
- Filer's total
- $318,629
-
Lori PetersonLORI PETERSON
V.P. FINANCE & ADMINISTRAT
- Total calculated
- $206,108
- From this org
- $182,529
- From related orgs
- $0
- Other
- $23,579
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $182,529
- Bonus
- $0
- Other
- $0
- Deferred
- $9,839
- Nontaxable benefits
- $13,740
- Filer's total
- $206,108
-
Jennifer GlowienkaJENNIFER GLOWIENKA
V.P. FOR ACADEMIC AFFAIRS
- Total calculated
- $180,649
- From this org
- $158,269
- From related orgs
- $0
- Other
- $22,380
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $158,269
- Bonus
- $0
- Other
- $0
- Deferred
- $8,500
- Nontaxable benefits
- $13,880
- Filer's total
- $180,649
-
Lauren SwantLAUREN SWANT
DIRECTOR OF NURSING
- Total calculated
- $132,394
- From this org
- $125,822
- From related orgs
- $0
- Other
- $6,572
- Hours/week
- 40
-
James PetrovichJAMES PETROVICH
DIRECTOR MASTERS OF SOCIAL
- Total calculated
- $147,801
- From this org
- $132,817
- From related orgs
- $0
- Other
- $14,984
- Hours/week
- 40
-
Charles GrossCHARLES GROSS
DIRECTOR, ATHLETICS
- Total calculated
- $176,500
- From this org
- $145,854
- From related orgs
- $0
- Other
- $30,646
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $145,854
- Bonus
- $0
- Other
- $0
- Deferred
- $7,900
- Nontaxable benefits
- $22,746
- Filer's total
- $176,500
-
Kathleen O'LearyKATHLEEN O'LEARY
VICE PRESIDENT, STUDENT EN
- Total calculated
- $165,712
- From this org
- $157,404
- From related orgs
- $0
- Other
- $8,308
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $157,404
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $8,308
- Filer's total
- $165,712
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 · First-class or charter travel
- 1a · Travel for companions
- 1a · Housing allowance or residence for personal use
- 1a · Health or social club dues or initiation fees
- 1a · Personal services (maid, chauffeur, chef)
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 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
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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 3 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503109349300410
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.