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Nonprofiteer
← ST OLAF COLLEGE

Form 990 for tax year 2022

Filed by ST OLAF COLLEGE.

Totals

Total revenue
$251,573,289
Total expenses
$252,822,741
Contributions and grants received
$29,896,269
Grants paid
$115,780,297
Program service revenue
$204,610,549
Investment income
$17,011,010
Other revenue
$55,461
Total assets, end of year
$1,075,424,048
Total liabilities, end of year
$169,237,323
Net assets or fund balances, end of year
$906,186,725
Program services expenses (Part IX)
$234,755,060
Management and general expenses
$12,306,841
Fundraising expenses
$5,760,840
Program service expenses (Part III)
$234,755,060

Program services were 92.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DAVID ANDERSON

    PRESIDENT

    Total calculated
    $583,982
    From this org
    $521,500
    From related orgs
    $0
    Other
    $62,482
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $507,362
    Bonus
    $0
    Other
    $14,138
    Deferred
    $27,450
    Nontaxable benefits
    $35,032
    Filer's total
    $583,982
  • JAY LUND

    CHAIR

    Total calculated
    $0
    Hours/week
    1.7
  • SUSAN GUNDERSON

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1.7
  • PAUL GRANGAARD

    TREASURER

    Total calculated
    $0
    Hours/week
    1.7
  • MARVIN BENTON

    REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • JEFFREY BOLTON

    REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • GREGORY BUCK

    REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • SEAN BURRESS

    REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • CRAIG DEAN

    REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • JOAN ERICKSEN

    REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • STEPHANIE FEHR

    REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • WILLIAM GAFKJEN

    REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • JOHN GROTTING

    OUTGOING REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • JENNIFER HELLMAN

    REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • JODY KLEPPE HORNER

    OUTGOING REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • CHAD JERDEE

    REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • CHRISTOPHER KLEIN

    REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • WARD KLEIN

    REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • JUDD LOEWENSTEIN

    OUTGOING REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • TIMOTHY MAUDLIN

    REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • BRENDA MCCORMICK

    REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • GRETCHEN MORGENSON

    OUTGOING REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • LAURIE NORDQUIST

    REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • SCOTT OKUNO

    REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • JOHN RAITT

    REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • JON SALVESON

    OUTGOING REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • ALPHONSO TINDALL

    OUTGOING REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • THERESA HULL WISE

    REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • MARIEM ZAGHDOUI

    REGENT

    Total calculated
    $0
    Hours/week
    1.7
  • MARCI SORTOR

    PROVOST AND DEAN OF THE COLLEGE

    Total calculated
    $286,900
    From this org
    $249,236
    From related orgs
    $0
    Other
    $37,664
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $248,981
    Bonus
    $0
    Other
    $255
    Deferred
    $23,253
    Nontaxable benefits
    $14,411
    Filer's total
    $286,900
  • JANET HANSON

    VP AND CFO

    Total calculated
    $266,179
    From this org
    $229,075
    From related orgs
    $0
    Other
    $37,104
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $217,607
    Bonus
    $5,000
    Other
    $6,468
    Deferred
    $20,581
    Nontaxable benefits
    $16,523
    Filer's total
    $266,179
  • CARL CROSBY LEHMANN

    GENERAL COUNSEL

    Total calculated
    $264,934
    From this org
    $241,889
    From related orgs
    $0
    Other
    $23,045
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $235,872
    Bonus
    $5,000
    Other
    $1,017
    Deferred
    $21,174
    Nontaxable benefits
    $1,871
    Filer's total
    $264,934
  • ENOCH BLAZIS

    VP FOR ADVANCEMENT

    Total calculated
    $264,555
    From this org
    $234,202
    From related orgs
    $0
    Other
    $30,353
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $224,326
    Bonus
    $7,500
    Other
    $2,376
    Deferred
    $20,718
    Nontaxable benefits
    $9,635
    Filer's total
    $264,555
  • MICHAEL KYLE

    VP FOR ENROLLMENT

    Total calculated
    $259,756
    From this org
    $224,738
    From related orgs
    $0
    Other
    $35,018
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,181
    Bonus
    $7,500
    Other
    $2,057
    Deferred
    $20,157
    Nontaxable benefits
    $14,861
    Filer's total
    $259,756
  • HASSEL MORRISON

    VP FOR STUDENT LIFE

    Total calculated
    $198,490
    From this org
    $159,319
    From related orgs
    $0
    Other
    $39,171
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,319
    Bonus
    $0
    Other
    $0
    Deferred
    $15,236
    Nontaxable benefits
    $23,935
    Filer's total
    $198,490
  • LESLIE MOORE

    VP FOR HUMAN RESOURCES

    Total calculated
    $193,746
    From this org
    $168,967
    From related orgs
    $0
    Other
    $24,779
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,297
    Bonus
    $0
    Other
    $4,670
    Deferred
    $15,281
    Nontaxable benefits
    $9,498
    Filer's total
    $193,746
  • JASON ENGBRECHT

    ASSOCIATE PROVOST

    Total calculated
    $160,748
    From this org
    $146,789
    From related orgs
    $0
    Other
    $13,959
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,279
    Bonus
    $0
    Other
    $510
    Deferred
    $12,263
    Nontaxable benefits
    $1,696
    Filer's total
    $160,748
  • JO BELD

    SECRETARY

    Total calculated
    $154,519
    From this org
    $127,826
    From related orgs
    $0
    Other
    $26,693
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $124,499
    Bonus
    $0
    Other
    $3,327
    Deferred
    $12,062
    Nontaxable benefits
    $14,631
    Filer's total
    $154,519
  • NATHAN ENGLE

    CONTROLLER

    Total calculated
    $143,906
    From this org
    $109,086
    From related orgs
    $0
    Other
    $34,820
    Hours/week
    40
  • REGINALD MILES

    INTERIM VP FOR EQUITY AND INCLUSION

    Total calculated
    $98,517
    From this org
    $81,790
    From related orgs
    $0
    Other
    $16,727
    Hours/week
    40
  • MARIA PABON GAUTIER TERM 072022

    FORMER VP FOR EQUITY AND INCLUSION

    Total calculated
    $87,882
    From this org
    $75,975
    From related orgs
    $0
    Other
    $11,907
    Hours/week
    40
  • ROBERTA LEMBKE

    CHIEF INFORMATION OFFICER

    Total calculated
    $184,662
    From this org
    $161,369
    From related orgs
    $0
    Other
    $23,293
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,769
    Bonus
    $0
    Other
    $20,600
    Deferred
    $15,030
    Nontaxable benefits
    $8,263
    Filer's total
    $184,662
  • CHRISTOPHER GEORGE

    DEAN OF ADMISSIONS AND FINANCIAL AID

    Total calculated
    $181,553
    From this org
    $143,257
    From related orgs
    $0
    Other
    $38,296
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,275
    Bonus
    $0
    Other
    $982
    Deferred
    $14,064
    Nontaxable benefits
    $24,232
    Filer's total
    $181,553
  • REBECCA OTTEN

    ASST VP FOR ADVANCEMENT

    Total calculated
    $175,472
    From this org
    $158,777
    From related orgs
    $0
    Other
    $16,695
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,654
    Bonus
    $2,400
    Other
    $723
    Deferred
    $14,004
    Nontaxable benefits
    $2,691
    Filer's total
    $175,472
  • REBECCA JUDGE

    DEPARTMENT OF ECONOMICS CHAIR

    Total calculated
    $172,868
    From this org
    $152,660
    From related orgs
    $0
    Other
    $20,208
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,006
    Bonus
    $0
    Other
    $2,654
    Deferred
    $13,741
    Nontaxable benefits
    $6,467
    Filer's total
    $172,868
  • KATIE WARREN

    CHIEF MARKETING OFFICER

    Total calculated
    $165,727
    From this org
    $150,415
    From related orgs
    $0
    Other
    $15,312
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,707
    Bonus
    $0
    Other
    $708
    Deferred
    $13,474
    Nontaxable benefits
    $1,838
    Filer's total
    $165,727

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 · Independent compensation consultant
  • 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
TRAVEL FOR COMPANION - DAVID ANDERSON - $1,537. NOT INCLUDED IN TAXABLE COMPENSATION. HOUSING ALLOWANCE/RESIDENCE FOR PERSONAL USE - DAVID ANDERSON - $31,572. NOT INCLUDED IN TAXABLE 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.

  • MAKEUP INCOME CHARITABLE UNIT TRUST (3)

    T · INVESTMENTS · MN · controlled entity

  • CHARITABLE REMAINDER ANNUITY TRUST (1)

    T · INVESTMENTS · MN · controlled entity

  • CHARITABLE REMAINDER UNIT TRUST (30)

    T · INVESTMENTS · MN · controlled entity

  • POOLED INCOME FUND (1)

    T · INVESTMENTS · MN · controlled entity

  • LIFE INCOME TRUST (1)

    T · INVESTMENTS · MN · controlled entity

Provenance

Return type
form_990
Tax year
2022
Filed
5 April 2024
IRS schema version
2022v5.0
Source object
202411019349300046

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