2022-04-09T17:05:41-05:00 2021-06-30 363168081 SIKICH LLP 13400 BISHOPS LANE SUITE 300 BROOKFIELD WI 53005 990 2020-07-01 237179639 WISCONSIN LUTHERAN COLLEGE WISC 4144438800 8800 WEST BLUEMOUND ROAD MILWAUKEE WI 53226 GARY A SCHMID VICE PRESIDENT FINANCE 4144438800 2022-04-07 1 GARY SCHMID 999009999 JILL M BOYLE CPA P01246734 2627549400 2022-04-07 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DANIEL JOHNSON 8800 WEST BLUEMOUND ROAD MILWAUKEE WI 53226 59418493 0 1773 X WWW.WLC.EDU X 1973 WI WISCONSIN LUTHERAN COLLEGE IS A PRIVATE, FOUR-YEAR LIBERAL ARTS COLLEGE. 33 33 825 100 -161918 13220 7480859 15227599 32905493 36338614 1999044 1849997 971967 156657 43357363 53572867 14683516 16195620 0 0 15144860 14763330 0 0 1718211 15246059 14912397 45074435 45871347 -1717072 7701520 112906279 138651339 54691906 61970039 58214373 76681300 X SEE SCHEDULE O RESPONSE. 0 0 27521790 16195620 29248166 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 ITS 1,200 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 FIVE PRE-PROFESSIONAL PROGRAMS, INCLUDING PRE-LAW, PRE-VETERINARY, PRE-ENGINEERING, PRE-MEDICAL, AND PRE-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. 13272372 6979775 AUXILIARY ENTERPRISES AND STUDENT SERVICES: THROUGH THE OFFICE OF RESIDENCE LIFE, WISCONSIN LUTHERAN COLLEGE OFFERED GUIDANCE, SUPPORT, ACTIVITIES, AND CAMPUS HOUSING TO 632 STUDENTS WHO LIVED IN 44 COLLEGE-OWNED BUILDINGS IN 2020-2021. 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. 233065 110673 PUBLIC SERVICE AND INSTITUTIONAL: WISCONSIN LUTHERAN COLLEGE SERVES ITS COMMUNITY THROUGH A VARIETY OF PROGRAMS. STUDENTS PERFORM SERVICE PROJECTS LOCALLY, NATIONALLY, AND INTERNATIONALLY THROUGH THE OFFICE OF CAMPUS MINISTRY, CENTER FOR CHRISTIAN LEADERSHIP, NEW FRIENDS, AND OTHER CAMPUS ORGANIZATIONS. 41027227 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 1 1 0 0 0 1 0 0 0 0 1 23 0 825 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 33 33 1 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 0 1 1 0 X GARY A SCHMID 4144438800 8800 WEST BLUEMOUND ROAD MILWAUKEE WI 53226 DR DANIEL JOHNSON PRESIDENT 40.00 X 157627 0 85342 DR JOHN KOLANDER PROVOST 40.00 X 109105 0 49382 RICH MANNISTO VP OF ADVANCEMENT 40.00 X 80162 0 53210 GARY SCHMID VP FINANCE 40.00 X 74247 0 42275 PETE AISBET CHAIRMAN 3.00 X X 0 0 0 DR WILLIAM RAASCH VICE CHAIRMAN 1.30 X X 0 0 0 KENT RAABE SECRETARY 1.30 X X 0 0 0 DR RONALD WHITE TREASURER 1.30 X X 0 0 0 STEVE BOETTCHER REGENT 0.90 X 0 0 0 MATT BURROW REGENT 0.90 X 0 0 0 JAMES BUSKE REGENT 0.90 X 0 0 0 GARY DRSKA REGENT 0.90 X 0 0 0 BRUCE EBERLE REGENT 0.90 X 0 0 0 JONATHAN ENTER REGENT 0.90 X 0 0 0 DR GERALD FISCHER REGENT 0.90 X 0 0 0 PATRICIA FREER REGENT 0.90 X 0 0 0 STEVE GRANBERG REGENT 0.90 X 0 0 0 DR TERRY GUELDNER REGENT 0.90 X 0 0 0 CHARLES KLUENKER REGENT 0.90 X 0 0 0 CARLOS LEYRER REGENT 0.90 X 0 0 0 R BOWEN LOFTIN REGENT 0.90 X 0 0 0 JAMIE LUEHRING REGENT 0.90 X 0 0 0 JEREMY MATTEK REGENT 0.90 X 0 0 0 MARK NEUMANN REGENT 0.90 X 0 0 0 JARED OLDENBURG REGENT 0.90 X 0 0 0 GREG PATTERSON REGENT 0.90 X 0 0 0 TOM PLATH REGENT 0.90 X 0 0 0 JIM REINERT REGENT 0.90 X 0 0 0 PAUL SCRIVER REGENT 0.90 X 0 0 0 DR ZACH SHIELS REGENT 0.90 X 0 0 0 CHELLEE SIEWERT REGENT 0.90 X 0 0 0 C DANIEL STREFFERUD REGENT 0.90 X 0 0 0 GARY STIMAC REGENT 0.90 X 0 0 0 LAWRENCE TOTSKY REGENT 0.90 X 0 0 0 DEBRA WALLER REGENT 0.90 X 0 0 0 MARK WRIGHTSMAN REGENT 0.90 X 0 0 0 JACOB CURTIS REGENT 0.90 X 0 0 0 421141 0 230209 2 0 1 0 TRINITY HOME GROUP LLC 8526 S STONE CREEK DR OAK CREEK WI 53154 MAINTENANCE/HOUSEKEEPING 1771769 SODEXO INC 13555 BISHOPS CT STE 250 BROOKFIELD WI 53005 FOOD SERVICES 701108 GORDON FOOD SERVICE INC PO BOX 88029 CHICAGO IL 60680 FOOD SERVICES 317049 ARENA EVENT SERVICES INC 10861 S HOWELL AVE OAK CREEK WI 53154 EVENT SERVICES 220144 GFC LEASING 11021 W LINCOLN AVE MILWAUKEE WI 53227 PRINTER/COPIER MAINTENANCE 170574 7 370778 4270695 10586126 125926 15227599 TUITION AND FEES 900099 29358839 29358839 AUXILIARY ENTERPRISES 611710 6979775 6979775 36338614 1511863 -151141 1663004 32686 32686 234296 72793 161503 161503 -26025 187528 5420540 948 5083354 0 337186 948 338134 338134 98155 370778 675241 -577086 -577086 21321 14238 7083 1397 5686 OTHER INCOME 900099 532471 13851 518620 532471 53572867 36338614 -161918 2168572 16195620 16195620 652744 158885 116522 377337 10447204 8877872 1086296 483036 758066 615688 82444 59934 2149442 1931367 123858 94217 755874 621884 63433 70557 30947 30947 50545 50545 80442 80442 348557 212655 135902 1123218 716784 230311 176123 1251392 647044 604348 1608114 1545394 62720 97913 84086 13827 14213 11956 1135 1122 591349 456343 135006 3129514 3054044 75470 301291 301291 TRINITY HOME GROUP (PRO 1426359 1426359 SODEXO 1049982 1049982 REPAIRS AND MAINTENANCE 537420 537420 PUBLIC SAFETY 238823 238823 3032318 2343730 246530 442058 45871347 41027227 3125909 1718211 1574089 1122480 5022915 7632958 399092 2146615 850192 570443 61582 57499 241553 22659 148363709 66173409 71706200 82190300 20063150 26664207 12070820 17323036 916686 921142 112906279 138651339 173978 368737 1321390 430471 46180000 45830000 3440352 14568114 3576186 772717 54691906 61970039 X 30055845 38281432 28158528 38399868 58214373 76681300 112906279 138651339 X 7701520 9953302 812104 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32330140 655881 7219437 1400000 38805458 32816016 820312 93812 1400000 32330140 31066153 3003310 146553 1400000 32816016 30559409 175969 1730775 1400000 31066153 28308430 877489 2773490 1400000 28308430 0.40926 0.36938 0.22136 0 0 17001055 17001055 108671257 48850278 59820979 672936 343830 329106 18950979 15375131 3575848 3067482 1604170 1463312 82190300 LIMITED PARTNERSHIPS 796386 F HEDGE FUNDS 6961152 F REAL ESTATE FUNDS 2870524 F VENTURE CAPITAL FUNDS 78501 F DOMESTIC PRIVATE EQUITY FUNDS 3182400 F INTERNATIONAL PRIVATE EQUITY FUNDS 3434073 F 17323036 DEPOSITS 208724 ANNUITIES PAYABLE 183462 CAPITAL LEASES 349101 AGENCY FUNDS 31430 772717 X 47444950 9953302 9927 -407401 9555828 37889122 15683745 15683745 53572867 30963484 9927 765955 775882 30187602 15683745 15683745 45871347 PART V, LINE 4: EARNINGS ON THE ENDOWMENT ARE USED PRIMARILY TO FUND SCHOLARSHIPS FOR UNDERGRADUATE STUDENTS. PART X, LINE 2: THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS OTHER THAN A PRIVATE FOUNDATION. ACCORDINGLY, THE COLLEGE IS NOT SUBJECT TO FEDERAL INCOME TAXES EXCEPT TO THE EXTENT IT DERIVES FROM CERTAIN ACTIVITIES NOT SUBSTANTIALLY RELATED TO ITS TAX-EXEMPT PURPOSE (UNRELATED TRADE OR BUSINESS ACTIVITIES). THE COLLEGE IS ALSO EXEMPT FROM STATE INCOME TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -18,065. WITHDRAWAL OVER INCOME EARNED -1,155,291. FUNDRAISING EXPENSES 675,241. RENTAL EXPENSES 72,793. PAYROLL TAX CREDIT 17,921. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE 15,683,745. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 675,241. RENTAL EXPENSES 72,793. PAYROLL TAX CREDIT 17,921. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE 15,683,745. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 OUR NON-DISCRIMINATION POLICIES ARE PUBLIC AND REPRESENTED IN OUR STUDENT GUIDES AND WEBSITE. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES AND ADMINISTERS FEDERAL FINANCIAL AID (TITLE IV) INCLUDING PELL GRANTS, DIRECT LOANS AND FEDERAL WORKSTUDY. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 9902300 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 278882 0 0 0 0 0 0 10181182 0 10181182 1 0 0 1 1 0 PART III ACCOUNTING METHOD: DIVINE SERVANT 344219 294844 49375 95447 136000 361038 GOLF OUTING 124714 75934 48780 9720 24087 48949 468933 370778 98155 9720 119534 136000 409987 675241 -577086 1 INSTITUTIONAL MERIT AND NEED BASED AID 954 15683745 CARES ACT ASSISTANCE TO STUDENTS 942 511875 THE COLLEGE DISBURSED EMERGENCY FINANCIAL AID GRANTS TO STUDENTS, UP TO $1,100, BASED ON THE TOTAL FAMILY CONTRIBUTION (TFC) CALCULATED BY THE FILING OF THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). PRIORITY WAS GIVEN TO STUDENTS WITH A ZERO TFC, AND PHASED OUT WITH INCREASING TFC. PART I, LINE 2: WLC AWARDS SCHOLARSHIPS AND GRANTS TO QUALIFIED STUDENTS MEETING CERTAIN FINANCIAL NEED TESTS AND ACADEMIC MERIT LEVELS. STUDENTS RECEIVING FINANCIAL ASSISTANCE MUST MEET SPECIFIC CRITERIA SUCH AS ACADEMIC ACHIEVEMENT, FINE ARTS ABILITIES, FINANCIAL NEED, OR OTHER SIMILAR STANDARDS SET BY THE BOARD OF REGENTS OR DONORS OF RESTRICTED OR ENDOWED FUNDS. X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 DR DANIEL JOHNSON PRESIDENT 157627 0 0 0 0 0 9366 0 75976 0 242969 0 0 0 DR JOHN KOLANDER PROVOST 109105 0 0 0 0 0 7592 0 41790 0 158487 0 0 0 A WI HEALTH & EDUCATION FACILITIES AUTHORITY 391337855 2012-02-23 48850000 CONSTRUCTION AND EQUIPPING OF CERTAIN EDUCATIONAL FACILITIES 0 0 0 A 48850000 48670000 180000 2006 1 0 1 1 A 0 0 0 0 0 0 0 A 1 1 0 0 0 0 A 1 DAN JOHNSON PRESIDENT OF THE COLLEGE 64825 SCHOLARSHIPS FOR DAN'S CHILDREN TUITION REMISSION FOR DEPENDENT CHILDREN TO ATTEND WLC MATTHEW BUROW GARY STIMAC KENT RA BOARD MEMBER/PARTNERS IN 8800 CONCORD, LLC 1748000 JOINT VENTURE REDEMPTION 0 X 6 3395 COST X MUSICAL EQUIPMENT 14 78594 COST X VARIOUS OTHERS 54 25534 COST X GIFT CARDS/EVENT VOUCHERS 82 18403 COST 0 1 0 MISSION STATEMENT - PART III LINE 1 WISCONSIN LUTHERAN COLLEGE IS AN INDEPENDENT, NATIONALLY RANKED CHRISTIAN LIBERAL ARTS COLLEGE THAT SERVES NEARLY 1,200 TRADITIONAL, ADULT DEGREE COMPLETION AND GRADUATE STUDENTS. WLC PREPARES STUDENTS FOR LIVES OF CHRISTIAN LEADERSHIP AND HAS BEEN RECOGNIZED FOR ITS ACADEMIC EXCELLENCE AND SUPERIOR STUDENT EXPERIENCE. CHRISTIAN FACULTY WORK DIRECTLY WITH STUDENTS WHO BENEFIT FROM NUMEROUS RESEARCH, SERVICE, AND CO-CURRICULAR OPPORTUNITIES DESIGNED TO ENHANCE ACADEMIC AND SPIRITUAL GROWTH WITHIN A NURTURING AND CARING ENVIRONMENT. WLC'S MISSION IS TO PROVIDE ITS STUDENTS AN EDUCATION ROOTED IN THE LIBERAL ARTS WHILE KEEPING WITH THE THEOLOGICAL FOUNDATION OF ITS CONFERENCE OF CONGREGATIONS AND THE WISCONSIN EVANGELICAL LUTHERAN SYNOD. THREE OF THE PAST FOUR ACADEMIC YEARS HAVE SEEN THE HIGHEST NUMBER OF FRESHMEN ENROLLED IN THE COLLEGE, AND WE ARE HOUSING MORE STUDENTS THAN EVER BEFORE. OVER THE PAST TEN YEARS, WISCONSIN LUTHERAN COLLEGE HAS GROWN UNDERGRADUATE ENROLLMENT BY MORE THAN 8%. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIP IN EFFECT FOR BEGINNING OF YEAR BUT NOT END OF YEAR - BOARD MEMBERS MATTHEW BUROW, GARY STIMAC, AND KENT RAABE ARE ALL PARTIAL OWNERS OF 8800 CONCORD, LLC. FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF THE BOARD OF REGENTS RESTS WITH DELEGATES OF THE CONFERENCE OF CONGREGATIONS WHICH FOUNDED THE COLLEGE. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETE 990 IS REVIEWED BY MEMBERS OF THE PRESIDENT'S CABINET (PRESIDENT AND VICE PRESIDENTS) AND THE CHAIRMAN OF THE BOARD OF REGENTS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY EACH MEMBER OF THE BOARD (REGENTS) ARE REQUIRED TO SUBMIT AN UPDATED STATEMENT REGARDING CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 INITIAL COMPENSATION AND INCREASES FOR THE CEO, EXECUTIVE DIRECTOR OR OTHER TOP MANAGEMENT OFFICIALS IS ESTABLISHED USING CCCU AND WAICU SALARY STUDIES. ANY SALARY RECOMMENDATIONS ARE DISCUSSED AT THE PRESIDENT'S CABINET PRIOR TO BEING REVIEWED BY EXECUTIVE COMMITTEE OF THE BOARD OF REGENTS FOR INCREASES OVER THE STANDARD % GIVEN TO ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -18,065. WITHDRAWAL OVER INCOME EARNED -1,155,291. 8800 CONCORD REDEMPTION 1,985,460. 8800 CONCORD LLC 8800 WEST BLUEMOUND ROAD MILWAUKEE WI 53226 271463226 STUDENT HOUSING WI 94351 12893543 WISCONSIN LUTHERAN COLLEGE