2024-05-14T16:04:28-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2022-07-01 390821861 LAKELAND UNIVERSITY LAKE 9205651000 W3718 SOUTH DR PLYMOUTH WI 53073 ELIZABETH BORGEN PRESIDENT 9205651000 2024-05-14 1 ELIZABETH BORGEN XXX-XX-XXXX 1 KIMBERLY ANDERSON P00188889 6086628600 2024-05-14 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ELIZABETH BORGEN W3718 SOUTH DR PLYMOUTH WI 53073 47971240 0 X WWW.LAKELAND.EDU X 1862 WI LAKELAND UNIVERSITY EDUCATES INDIVIDUALS OF DIVERSE BACKGROUNDS. 26 25 882 38 0 0 8711331 5345192 40202607 37447598 2115092 -1162297 1087113 1851427 52116143 43481920 15233684 13633599 0 0 20663643 19679008 0 0 466990 15308168 17723445 51205495 51036052 910648 -7554132 74437461 73796999 42947555 49075348 31489906 24721651 X LAKELAND UNIVERSITY EDUCATES INDIVIDUALS OF DIVERSE BACKGROUNDS, PREPARING THEM TO THINK CRITICALLY, TO COMMUNICATE EFFECTIVELY, TO SUCCEED PROFESSIONALLY, AND TO LEAD ETHICAL, PURPOSEFUL, AND FULFILLING LIVES. ROOTED IN THE VALUES OF THE UNITED CHURCH OF CHRIST, LAKELAND INTEGRATES THE LIBERAL ARTS AND EXPERIENTIAL LEARNING TO DEVELOP THE WHOLE PERSON FOR SUCCESS IN A DYNAMIC, MULTI-FACETED WORLD. 0 0 15351095 0 2596371 ACADEMIC SUPPORT EXPENSES PROVIDE FUNDING FOR ADMINISTRATIVE OVERSIGHT IN ACADEMIC PROGRAMMING, LIBRARY SERVICES, TUTORING, ACCREDITATION, INSTRUCTIONAL DESIGN AND COMPUTING. ADDITIONALLY, STUDENT SERVICES EXPENSES PROVIDE FUNDING TO STUDENTS INCLUDING FOR ATHLETICS, HEALTH SERVICES, REGISTRATION, FINANCIAL AID, AND SECURITY. 25958525 13633599 34181475 INSTRUCTION AND RELATED ACTIVITIES INCLUDE EXPENDITURES FOR ALL INSTRUCTION COSTS, INCLUDING GRANTS, AND RELATED ACTIVITIES. 5325573 0 2033616 AUXILIARY SERVICES INCLUDE EXPENDITURES FOR DINING SERVICES, RESIDENCE LIFE, AND RELATED ACTIVITIES. 46635193 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 1 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 111 0 1 882 1 0 1 JA 0 0 0 0 0 0 0 0 0 0 X 26 25 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 X X ELIZABETH BORGEN 9205651000 W3718 SOUTH DRIVE PLYMOUTH WI 53073 JEFFREY SPENCE BOARD CHAIRPERSON 1.00 0.00 X X 0 0 0 MICHAEL LANSER BOARD VICE CHAIRPERSON 1.00 0.00 X X 0 0 0 BONITA GRAFF BOARD SECRETARY 1.00 1.00 X X 0 0 0 KATHIE POWERS BOARD TREASURER 1.00 1.00 X X 0 0 0 DEBRA ANSAY TRUSTEE - CHAIR 1.00 0.00 X 0 0 0 TRYG JACOBSON TRUSTEE - CHAIR 1.00 0.00 X 0 0 0 IRVIN KAAGE TRUSTEE - CHAIR 1.00 0.00 X 0 0 0 ROBERT LOFFREDO TRUSTEE - CHAIR 1.00 0.00 X 0 0 0 REV STEPHEN SAVIDES TRUSTEE - CHAIR 1.00 0.00 X 0 0 0 JOSE ARAUJO TRUSTEE 1.00 0.00 X 0 0 0 PAUL BARTELT TRUSTEE 1.00 0.00 X 0 0 0 CORY BOUCK TRUSTEE 1.00 0.00 X 0 0 0 STUART BROTZ TRUSTEE 1.00 1.00 X 0 0 0 CAITLIN BROTZ-MCNITT TRUSTEE 1.00 0.00 X 0 0 0 RICHARD GAUMER TRUSTEE 1.00 0.00 X 0 0 0 KEONA JONES TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL KLEIN TRUSTEE 1.00 0.00 X 0 0 0 JULIA KLIMKOVICH TRUSTEE 1.00 0.00 X 0 0 0 BARBARA LOGAN SMITH TRUSTEE 1.00 0.00 X 0 0 0 LOLA ROEH TRUSTEE 1.00 0.00 X 0 0 0 LAURA ROENTIZ TRUSTEE 1.00 0.00 X 0 0 0 DAVID SENTY TRUSTEE 1.00 0.00 X 0 0 0 KASHOUA KRISTY YANG TRUSTEE 1.00 0.00 X 0 0 0 JULIA HOLLISTER TRUSTEE 1.00 0.00 X 0 0 0 FREDRIC SEEFELDT TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM SHELDON TRUSTEE 1.00 0.00 X 0 0 0 ELIZABETH BORGEN PRESIDENT 50.00 1.00 X X 201273 0 10914 BARBARA LAMUE TRUSTEE 1.00 0.00 X 0 0 0 ANDREW STEIMLE TRUSTEE 1.00 0.00 X 0 0 0 JOSHUA KUTNEY VP OF ACADEMIC AFFAIRS, DEAN OF COLLEGE 50.00 0.00 X 146968 0 4338 JAMES JONES VP OF HUMAN RESOURCES 50.00 0.00 X 119314 0 5067 DAVID SIMON VP OF STUDENT AFFAIRS & DEAN OF STUDENTS 50.00 0.00 X 103425 0 11024 BRIAN FRINK VP OF LUJ & DEAN OF BUS, SCIENCE, TECH 50.00 0.00 X 96510 0 17493 SAMUEL POULLETTE VP OF ENROLLMENT MANAGEMENT 50.00 0.00 X 115914 0 3939 JEFFREY WILLIAMS VP OF FINANCE, CFO 50.00 0.00 X 25306 0 403 PAUL PICKHARDT DEAN OF SCIENCE, TECHNOLOGY, & EDUCATION 50.00 0.00 X 107877 0 3083 RACHEL WARE CARLTON DEAN OF KELLETT SCHOOL 50.00 0.00 X 119322 0 8385 MARGARET ALBRINCK DEAN OF ACADEMIC SUPPORT 50.00 0.00 X 121166 0 18165 APRIL ARVAN PROF SPORT MGMT & LEADERSHIP, ASSOC DIR ATHLETICS 50.00 0.00 X 126942 0 7744 JOHN YANG DIRECTOR OF THE CENTER OF TEACHER EXCELLENCE 50.00 0.00 X 109375 0 10324 1393392 0 100879 17 0 1 0 EAB GLOBAL INC PO BOX 603519 CHARLOTTE NC 282603519 MEDIA/MARKETING EXPENSES 489019 PIONEER ROOFING LLC PO BOX 277 JOHNSON CREEK WI 530380277 ROOFING SERVICES 379492 CAMERA CORNER PO BOX 248 GREEN BAY WI 54305 TECHNOLOGY 346115 PREVEA HEALTH PO BOX 19070 GREEN BAY WI 54307 COVID TESTING HEALTHCARE SERVICES 272880 19 25900 2168365 101335 3049592 24327 5345192 EDUCATION, TUITION, AND FEES 611600 34181475 34181475 AUXILIARY SERVICES 611600 2033616 2033616 INSTRUCTION ACTIVITIES 611710 569615 569615 OTHER PROGRAM REVENUE 611710 367988 367988 JAKE 611710 193245 193245 101659 101659 37447598 156236 156236 2226105 2335689 1208949 -109584 -1208949 -1318533 -1318533 23077 25900 25514 -2437 -2437 2283032 919168 1363864 1363864 LITIGATION INCOME 900099 490000 490000 490000 43481920 38811462 0 -674734 13633599 13633599 1094502 90515 1003987 14520419 13900202 297319 322898 151810 148327 3483 2879464 2451333 384253 43878 1032813 928704 82671 21438 47937 47937 45489 45489 127064 127064 1841952 1669666 167622 4664 906442 886150 18502 1790 151017 108681 28620 13716 718756 493139 225617 2942197 2938162 4035 934173 891827 27688 14658 1127452 1118894 8558 4075199 3963897 98786 12516 391295 6922 384373 MAINTENANCE AND REPAIRS 2322988 2042166 268914 11908 SUPPLIES 588609 529642 51242 7725 UNCOLLECTIBLE ACCOUNTS 497587 318619 178968 MEMBERSHIPS 218621 98710 118111 1800 786667 416038 364113 6516 51036052 46635193 3933869 466990 1381656 1365641 1788260 3534494 27472 76953 132252 165817 262753 287619 116339798 56616100 60703777 59723698 9130242 7746877 1011049 895900 74437461 73796999 7451850 7213707 26266 28624 2520183 2328390 30685863 35700874 2263393 3803753 42947555 49075348 X 29151807 21969827 2338099 2751824 31489906 24721651 74437461 73796999 X -7554132 770067 15810 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 189428 X X 0 18777358 1344004 1847854 2618365 46311 19304540 21415099 841163 -2900665 534051 44188 18777358 17508531 359286 3956407 348231 60894 21415099 17944616 198758 76346 654427 56762 17508531 17197269 250308 942681 393855 51787 17944616 0.15770 0.00000 0.84230 0 1 1 1814189 1814189 77879555 31008294 46871261 804862 515540 289322 10267018 8216849 2050169 25574174 16875417 8698757 59723698 POST RETIREMENT 606594 ASSETS RETIREMENT OBLIGATION 541294 ANNUITY OBLIGATIONS 153577 STUDENT DEPOSITS 415439 AGENCY FUNDS 364595 LEASE LIABILITIES 1722254 3803753 X PART III, LINE 1A: WORKS OF ART ARE INCLUDED WITH THE UNIVERSITY'S ASSETS, AND ON DISPLAY ON CAMPUS FOR PUBLIC VIEWING PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUNDS IS TO SUBSIDIZE SCHOLARSHIPS, PROFESSORSHIPS, AND GENERAL OPERATIONS OF THE UNIVERSITY USING INVESTMENT INCOME TRANSFERRED TO LAKELAND UNIVERSITY ANNUALLY BY THE FOUNDATION. PART X, LINE 2: THE UNIVERSITY AND THE FOUNDATION ARE EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 71.26(1)(A) OF THE WISCONSIN STATUTES, RESPECTIVELY. HOWEVER, THE UNIVERSITY IS SUBJECT TO INCOME TAXES ON ANY INCOME THAT IS DERIVED FROM A TRADE OF BUSINESS REGULARLY CARRIED ON AND NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. NO INCOME TAX PROVISION HAS BEEN RECORDED AS NET INCOME, IF ANY, FROM UNRELATED TRADE OR BUSINESS IS INSIGNIFICANT. THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 OR 2022. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL APPLICATIONS AND ADVERTISING CONTAIN STATEMENTS AS TO THE NONDISCRIMINATORY POLICY OF THE UNIVERSITY. SCHEDULE E, PART I, LINE 6 LAKELAND UNIVERSITY RECEIVES FEDERAL GRANTS, FEDERAL WORK STUDY, OUTSIDE GRANTS, AND STATE GRANTS. EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 1 44 PROGRAM SERVICES UNIVERSITY EDUCATION 4093154 1 44 0 0 1 44 4093154 0 4093154 0 0 1 0 0 0 PART III ACCOUNTING METHOD: BLASTERS GOLF TOURNAMENT 48977 25900 23077 25514 48977 25900 23077 25514 25514 -2437 1 FEDERAL GRANTS 554 2385716 FEDERAL WORK STUDY 234 724208 INSTITUTIONAL GRANTS 951 14177022 OUTSIDE GRANTS 163 612944 STATE GRANTS 320 1049876 PART I, LINE 2: ALL GRANTS ARE DISBURSED TO THE STUDENTS ACCOUNTS DIRECTLY, ACCORDING TO GOVERNMENT REGULATIONS. ALL OUTSIDE GRANTS ARE APPLIED TO THE STUDENTS ACCOUNTS AS PER THE INSTRUCTIONS FROM THE GRANTOR. LAKELAND UNIVERSITY'S FINANCIAL AID DEPARTMENT MONITORS ALL GRANTS AND SCHOLARSHIPS USING POWERFAIDS SOFTWARE WHICH IS VERIFIED WITH COD BEFORE DISBURSEMENTS ARE PROCESSED FOR OUTSIDE AND OTHER INSTITUTIONAL AID. THE FINANCIAL AID DEPARTMENT FOLLOWS THE SAME PROCEDURES. X 1 0 X X 0 0 0 0 0 0 0 0 0 ELIZABETH BORGEN PRESIDENT 201273 0 0 0 0 0 6000 0 4914 0 212187 0 0 0 JOSHUA KUTNEY VP OF ACADEMIC AFFAIRS, DEAN OF COLL 146968 0 0 0 0 0 4313 0 25 0 151306 0 0 0 PART I, LINE 1A PRESIDENT IS REQUIRED TO LIVE ON CAMPUS AND RESIDES IN THE PRESIDENT'S HOUSE RENAISSANCE I LLC BOARD TRUSTEE LOLA ROEH OWNS RENAISSANCE I LLC 30779 OWNER'S REPRESENTATIVE FEE FOR NEW RESIDENCE HALLS PROJECT 0 ANSAY & ASSOCIATES BOARD TRUSTEE DEBRA A. ANSAY HUSBAND OWNS ANSAY & ASSOCIATES 66251 INSURANCE SERVICES 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE ELECTED OFFICERS (CHAIRPERSON, VICE CHAIRPERSON, TREASURER, SECRETARY), THE CHAIRS OF THE FOLLOWING COMMITTES (FINANCE, INFRASTRUCTURE AND ADMINISTRATION COMMITTEE, AUDIT COMMITTEE, TRUSTEESHIP AND HUMAN CAPITAL COMMITTEE, OTHER COMMITTEES), AND UP TO THREE ADDITIONAL MEMBERS. THE EXECUTIVE COMMITTEE MAY EXERCISE ALL POWERS OF THE BOARD BETWEEN MEETINGS, EXPECT IN RESPECT TO THE ELECTION OF OFFICERS, FILLING OF VACANCIES ON THE BOARD OF TRUSTEES, OR ANY MATTER WHICH THE BOARD OF TRUSTEES MAY EXPRESSLY ORDER WITHHELD FROM THE AUTHORITY OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B ALL MEMBERS OF THE FINANCE COMMITTEE ARE PROVIDED WITH THE DRAFT OF THE 990 BEFORE FILING FOR REVIEW. FURTHER, THE 990 IS MADE AVAILABLE FOR ALL BOARD MEMBERS, PUBLISHED ON THE TRUSTEE PORTAL AND NOTIFICATIONS ARE SENT TO ALL TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C THE PRESIDENT AND VP FOR FINANCE AND OPERATIONS REVIEW ALL CONFLICT OF INTEREST AGREEMENTS AND IDENTIFY ANY ITEMS THAT MAY BE OF CONCERN. FORM 990, PART VI, SECTION B, LINE 15 LAKELAND'S HR DEPARTMENT PROVIDES THE CHAIRMAN OF THE BOARD COMPARATIVE DATA. LAKELAND'S POLICY AND RECOMMENDATIONS ARE REVIEWED BY THE CHAIRPERSON AND ARE DISCUSSED WITH THE EXECUTIVE COUNCIL IF NECESSARY. LAKELAND'S HR DEPARTMENT PROVIDES THE PRESIDENT COMPARATIVE DATA AND THE SALARIES ARE REVIEWED ANNUALLY THROUGH THE BUDGET CYCLE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: ACCRETION EXPENSE 24,543. ADJUSTMENT OF ACTUARIAL LIABILITY FOR ANNUITIES PAYABLE -8,733. LAKELAND UNIVERSITY FOUNDATION INC W3718 SOUTH DRIVE PLYMOUTH WI 53073 391655132 TO PROVIDE SCHOLARSHIPS TO LAKELAND UNIVERSITY WI 501(C)(3) LINE 7 LAKELAND UNIVERSITY 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0