Skip to content
Nonprofiteer
← WISCONSIN LUTHERAN COLLEGE

Form 990 for tax year 2022

Filed by WISCONSIN LUTHERAN COLLEGE.

Totals

Total revenue
$51,321,857
Total expenses
$52,567,274
Contributions and grants received
$8,464,437
Grants paid
$17,766,097
Program service revenue
$40,302,875
Investment income
$1,726,781
Other revenue
$827,764
Total assets, end of year
$136,085,164
Total liabilities, end of year
$59,871,963
Net assets or fund balances, end of year
$76,213,201
Program services expenses (Part IX)
$47,257,888
Management and general expenses
$3,685,306
Fundraising expenses
$1,624,080
Program service expenses (Part III)
$47,257,888

Program services were 89.9% 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

    $412,526

  • 1f · All other contributions, gifts and grants

    $8,051,911

  • 1g · Noncash contributions included above

    $39,092

  • 2a · Program service revenue: TUITION AND FEES

    total $32,247,857 · related or exempt $32,247,857

  • 2b · Program service revenue: AUXILIARY ENTERPRISES

    total $8,022,686 · related or exempt $8,022,686

  • 2c · Program service revenue: THEATRE INCOME

    total $32,332 · related or exempt $32,332

  • 3 · Investment income

    total $1,644,375 · unrelated business $368,355 · excluded $1,276,020

  • 5 · Royalties

    total $41,200 · excluded $41,200

  • 6a · Gross rents

    real property $264,592

  • 6b · Less rental expenses

    real property $84,649

  • 6c · Rental income or loss

    real property $179,943

  • 6d · Net rental income or loss

    total $179,943 · unrelated business -$329 · excluded $180,272

  • 7a · Gross sales of assets other than inventory

    securities $3,910,619 · other assets $30,504

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

    securities $3,858,717 · other assets $0

  • 7c · Gain or loss

    securities $51,902 · other assets $30,504

  • 7d · Net gain or loss

    total $82,406 · excluded $82,406

  • 8a · Fundraising events: gross income

    $106,329

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

    $412,526

  • 8b · Fundraising events: direct expenses

    $514,809

  • 8c · Net income from fundraising events

    total -$408,480 · excluded -$408,480

  • 10a · Gross sales of inventory

    $85,897

  • 10b · Cost of goods sold

    $58,738

  • 10c · Net income from sales of inventory

    total $27,159 · unrelated business -$5,248 · excluded $32,407

  • 11a · Other revenue: OTHER INCOME

    total $987,942 · unrelated business $4,572 · excluded $983,370

  • 11e · Other revenue, total

    $987,942

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $17,766,097 · program services $17,766,097

  • 5 · Compensation of officers, directors and key employees

    total $1,126,662 · program services $318,724 · management and general $387,499 · fundraising $420,439

  • 7 · Other salaries and wages

    total $10,538,044 · program services $9,223,256 · management and general $861,956 · fundraising $452,832

  • 8 · Pension plan contributions

    total $949,538 · program services $778,125 · management and general $100,726 · fundraising $70,687

  • 9 · Other employee benefits

    total $2,723,849 · program services $2,486,870 · management and general $139,411 · fundraising $97,568

  • 10 · Payroll taxes

    total $825,325 · program services $675,697 · management and general $85,674 · fundraising $63,954

  • 11b · Fees: legal

    total $39,445 · management and general $39,445

  • 11c · Fees: accounting

    total $51,042 · management and general $51,042

  • 11f · Fees: investment management

    total $70,384 · management and general $70,384

  • 12 · Advertising and promotion

    total $337,399 · program services $231,771 · management and general $105,628

  • 13 · Office expenses

    total $1,323,943 · program services $932,262 · management and general $240,291 · fundraising $151,390

  • 14 · Information technology

    total $1,445,402 · program services $713,362 · management and general $732,040

  • 16 · Occupancy

    total $2,091,580 · program services $1,975,980 · management and general $115,600

  • 17 · Travel

    total $570,837 · program services $541,680 · fundraising $29,157

  • 19 · Conferences, conventions and meetings

    total $107,122 · program services $83,499 · fundraising $23,623

  • 20 · Interest

    total $1,990,475 · program services $1,536,055 · management and general $454,420

  • 22 · Depreciation, depletion and amortization

    total $3,166,025 · program services $3,089,674 · management and general $76,351

  • 23 · Insurance

    total $495,736 · program services $495,736

  • 24a · Other expenses: TRINITY HOME GROUP (PRO

    total $1,367,976 · program services $1,367,976

  • 24b · Other expenses: SODEXO

    total $1,260,137 · program services $1,260,137

  • 24c · Other expenses: REPAIRS AND MAINTENANCE

    total $575,983 · program services $575,983

  • 24d · Other expenses: PUBLIC SAFETY

    total $244,603 · program services $244,603

  • 24e · All other expenses

    total $3,499,670 · program services $2,960,401 · management and general $224,839 · fundraising $314,430

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,409,380 · end of year $1,425,265

  • 2 · Savings and temporary cash investments

    beginning of year $9,008,351 · end of year $8,598,364

  • 3 · Pledges and grants receivable

    beginning of year $2,101,265 · end of year $1,503,210

  • 4 · Accounts receivable

    beginning of year $595,850 · end of year $423,824

  • 8 · Inventories for sale or use

    beginning of year $57,447 · end of year $80,249

  • 9 · Prepaid expenses and deferred charges

    beginning of year $29,734 · end of year $64,254

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

    $150,193,090

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

    $73,294,282

  • 10c · Land, buildings and equipment, net

    beginning of year $79,683,853 · end of year $76,898,808

  • 11 · Investments: publicly traded securities

    beginning of year $13,983,943 · end of year $15,511,894

  • 12 · Investments: other securities

    beginning of year $28,501,470 · end of year $30,308,862

  • 15 · Other assets

    beginning of year $919,618 · end of year $1,270,434

  • 17 · Accounts payable and accrued expenses

    beginning of year $511,503 · end of year $505,906

  • 19 · Deferred revenue

    beginning of year $414,336 · end of year $400,544

  • 20 · Tax-exempt bond liabilities

    beginning of year $45,480,000 · end of year $45,130,000

  • 23 · Secured mortgages and notes payable

    beginning of year $13,764,017 · end of year $12,946,734

  • 25 · Other liabilities

    beginning of year $672,300 · end of year $888,779

  • 27 · Net assets without donor restrictions

    beginning of year $33,726,324 · end of year $32,283,148

  • 28 · Net assets with donor restrictions

    beginning of year $41,722,431 · end of year $43,930,053

Mission and programs · 2022

Mission

SEE SCHEDULE O RESPONSE.

Activities or mission (Part I)

WISCONSIN LUTHERAN COLLEGE IS A PRIVATE, FOUR-YEAR LIBERAL ARTS COLLEGE.

  • INSTRUCTION AND ACADEMIC SUPPORT: WISCONSIN LUTHERAN COLLEGE OFFERS NATIONALLY RANKED ACADEMIC PROGRAMS IN A CHRISTIAN ENVIRONMENT. STUDENTS PARTICIPATE IN SMALL CLASSES AND RECEIVE ONE-ON-ONE MENTORING FROM PROFESSORS. WLC DOES NOT USE TEACHING ASSISTANTS. THE COLLEGE PREPARES OVER 1,100 TRADITIONAL, ADULT, AND GRADUATE STUDENTS TO BE CHRISTIAN SERVANT LEADERS IN THEIR CHOSEN ACADEMIC FIELDS. TRADITIONAL UNDERGRADUATE STUDENTS CAN CHOOSE TO MAJOR OR MINOR IN VARIOUS PROGRAMS, INCLUDING BUSINESS, NURSING, EDUCATION, SPORT AND EXERCISE SCIENCE, AND BIOLOGY. WLC ALSO OFFERS ELEVEN PRE-PROFESSIONAL PROGRAMS, INCLUDING ATHLETIC TRAINING, CHIROPRACTIC, OCCUPATIONAL THERAPY, LAW, OPTOMETRY, MEDICINE, PHARMACY, PHYSICAL THERAPY, VETERINARY, ENGINEERING, AND DENTAL. WLC HAS FORGED PARTNERSHIPS WITH RENOWNED COLLEGES AND UNIVERSITIES ACROSS THE COUNTRY TO PROVIDE DUAL DEGREE OPPORTUNITIES FOR STUDENTS. DUAL DEGREE AFFILIATIONS ALLOW STUDENTS TO EARN TWO DEGREES: AN UNDERGRADUATE DEGREE FROM WLC, AND A GRADUATE DEGREE FROM ANOTHER COLLEGE OR UNIVERSITY. MANY PROGRAMS OFFER STUDENTS THE ABILITY TO CONDENSE THEIR TIME IN SCHOOL (OFTEN A YEAR OR MORE), SAVING THEM MONEY ON TUITION COSTS AND ALLOWING THEM TO ENTER THE WORKPLACE SOONER. THE DUAL DEGREE PROGRAMS AT WLC INCLUDE ATHLETIC TRAINING, CHIROPRACTIC CARE, DENTISTRY, ENGINEERING, EXERCISE PHYSIOLOGY, LAW, OCCUPATIONAL THERAPY, OPTOMETRY, OSTEOPATHIC MEDICINE, PHARMACY, PHYSICAL THERAPY, PODIATRY, PUBLIC HEALTH, AND RESPIRATORY CARE.

    Expenses $31,543,895 · Grants $17,766,097 · Revenue $31,959,827

  • AUXILIARY ENTERPRISES AND STUDENT SERVICES: THROUGH THE OFFICE OF RESIDENCE LIFE, WISCONSIN LUTHERAN COLLEGE OFFERED GUIDANCE, SUPPORT, ACTIVITIES, AND CAMPUS HOUSING TO 686 STUDENTS WHO LIVED IN 44 COLLEGE-OWNED BUILDINGS IN 2022-2023. EXTERNAL NON-PROFIT ORGANIZATIONS AND CAMP ATTENDEES ALSO UTILIZED CAMPUS HOUSING DURING THE SUMMER. THE COLLEGE MANAGES DINING FACILITIES FOR ITS RESIDENT STUDENTS, COMMUTERS, FACULTY, STAFF, GUESTS, AND OUTSIDE GROUPS THAT HOLD EVENTS AND CONFERENCES AT THE COLLEGE.

    Expenses $15,287,316 · Revenue $8,055,018

  • PUBLIC SERVICE AND INSTITUTIONAL: WISCONSIN LUTHERAN COLLEGE SERVES ITS COMMUNITY THROUGH A VARIETY OF PROGRAMS. STUDENTS PERFORM SERVICE PROJECTS LOCALLY, NATIONALLY, AND INTERNATIONALLY THROUGH LIBERAL ARTS SEMINAR COURSES, OFFICE OF CAMPUS MINISTRY, CENTER FOR CHRISTIAN LEADERSHIP, NEW FRIENDS, AND OTHER CAMPUS ORGANIZATIONS.

    Expenses $426,677 · Revenue $288,030

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

Listed in Part VII

  • PETE AISBET

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    3

  • DR WILLIAM RAASCH

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1.3

  • KENT RAABE

    SECRETARY

    Total calculated
    $0
    Hours/week
    1.3

  • DR RONALD WHITE

    TREASURER

    Total calculated
    $0
    Hours/week
    1.3

  • STEVE BOETTCHER

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • MATT BURROW

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • JAMES BUSKE

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • GARY DRSKA

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • BRUCE EBERLE

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • JONATHAN ENTER

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • PATRICIA FREER

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • STEVE GRANBERG

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • DR TERRY GUELDNER

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • CHARLES KLUENKER

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • CARLOS LEYRER

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • R BOWEN LOFTIN

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • JAMIE LUEHRING

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • JEREMY MATTEK

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • MARK NEUMANN

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • JARED OLDENBURG

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • JOHN PAHMEIER

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • GREG PATTERSON

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • TOM PLATH

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • JIM REINERT

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • AARON ROBINSON

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • PAUL SCRIVER

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • DR ZACH SHIELS

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • CHELLEE SIEWERT

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • C DANIEL STREFFERUD

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • GARY STIMAC

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • LAWRENCE TOTSKY

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • DEBRA WALLER

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • MARK WRIGHTSMAN

    REGENT

    Total calculated
    $0
    Hours/week
    0.9

  • DR DANIEL JOHNSON

    PRESIDENT

    Total calculated
    $252,139
    From this org
    $165,688
    From related orgs
    $0
    Other
    $86,451
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,688
    Bonus
    $0
    Other
    $0
    Deferred
    $11,007
    Nontaxable benefits
    $75,444
    Filer's total
    $252,139

  • DR JOHN KOLANDER

    PROVOST

    Total calculated
    $166,586
    From this org
    $106,598
    From related orgs
    $0
    Other
    $59,988
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $106,598
    Bonus
    $0
    Other
    $0
    Deferred
    $8,992
    Nontaxable benefits
    $50,996
    Filer's total
    $166,586

  • DIANE HOEHNKE

    VP FINANCE

    Total calculated
    $110,059
    From this org
    $102,771
    From related orgs
    $0
    Other
    $7,288
    Hours/week
    40

  • JON FLANAGAN

    VP HUMAN RESOURCES

    Total calculated
    $123,371
    From this org
    $102,547
    From related orgs
    $0
    Other
    $20,824
    Hours/week
    40

  • RICH MANNISTO

    VP ADVANCEMENT

    Total calculated
    $143,699
    From this org
    $92,327
    From related orgs
    $0
    Other
    $51,372
    Hours/week
    40

  • LUCAS FAUST

    VP ENROLLMENT

    Total calculated
    $139,419
    From this org
    $79,449
    From related orgs
    $0
    Other
    $59,970
    Hours/week
    40

  • RYAN OERTEL

    VP OPERATIONS

    Total calculated
    $131,015
    From this org
    $73,130
    From related orgs
    $0
    Other
    $57,885
    Hours/week
    40

  • GARY SCHMID

    VP FINANCE (END 6/30/22)

    Total calculated
    $56,420
    From this org
    $40,848
    From related orgs
    $0
    Other
    $15,572
    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
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 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.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • 8800 CONCORD LLC

    STUDENT HOUSING · WI · income -$18,705 · assets $11,959,953

    Directly controlled by WISCONSIN LUTHERAN COLLEGE

Provenance

Return type
form_990
Tax year
2022
Filed
22 April 2024
IRS schema version
2022v5.0
Source object
202441209349301084

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.