2016-05-11T11:41:02-05:00 2015-06-30 391173131 SCHENCK SC 11414 W PARK PLACE STE 200 MILWAUKEE WI 53224 990 2014-07-01 237179639 WISCONSIN LUTHERAN COLLEGE INC WISC 4144438800 8800 WEST BLUEMOUND ROAD MILWAUKEE WI 53226 GARY A SCHMID VICE PRESIDENT FINANCE 4144438800 2016-05-09 1 JILL M BOYLE P01246734 4144634411 2014 2016-08-17 19:52:53Z DANIEL JOHNSON 8800 WEST BLUEMOUND ROAD MILWAUKEE WI 53226 73755990 0 1773 X WWW.WLC.EDU X 1973 WI WISCONSIN LUTHERAN COLLEGE IS A PRIVATE, FOUR-YEAR LIBERAL ARTS COLLEGE. 32 32 1022 100 169451 45985 7846364 18639816 29990592 30204837 3846120 3633525 1194709 1024936 42877785 53503114 10798481 10939035 0 0 14564508 14976535 0 0 1369951 14946830 15974767 40309819 41890337 2567966 11612777 108340828 115364837 57135994 55007502 51204834 60357335 X WISCONSIN LUTHERAN COLLEGE IS A PRIVATE, FOUR-YEAR LIBERAL ARTS COLLEGE OFFERING 38 UNDERGRADUATE MAJORS AND 5 GRADUATE DEGREES IN EDUCATION. ITS MISSION IS TO PROVIDE AN OPPORTUNITY TO ITS' STUDENTS FOR A LIBERAL ARTS EDUCATION IN KEEPING WITH THE THEOLOGICAL FOUNDATION OF ITS' CONFERENCE CONGREGATIONS AND THE WISCONSIN EVANGELICAL LUTHERAN SYNOD. 0 0 18742672 10939035 24995806 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. THE COLLEGE PREPARES ITS STUDENTS (889 FULL-TIME AND 45 PART-TIME) TO BE CHRISTIAN LEADERS IN THEIR CHOSEN ACADEMIC FIELDS. IN ADDITION TO TRADITIONAL UNDERGRADUATE PROGRAMS THAT ENCOMPASS 38 MAJORS AND 5 PRE-PROFESSIONAL PROGRAMS, A MASTER OF ARTS IN EDUCATION AND ACCELERATED DEGREE COMPLETION PROGRAMS ARE OFFERED BOTH ON CAMPUS AND ONLINE. DURING 2014-2015, 450 STUDENTS TOOK COURSES THROUGH THE COLLEGE OF ADULT AND GRADUATE STUDIES. DURING 2014-2015, 247 STUDENTS GRADUATED FROM THE COLLEGE WITH A BACHELOR OF SCIENCE DEGREE, A BACHELOR OF ARTS DEGREE, A BACHELOR OF SCIENCE IN NURSING DEGREE, OR A MASTER OF ARTS IN EDUCATION. 6533845 5072011 AUXILARY ENTERPRISES AND STUDENT SERVICES: THROUGH THE OFFICE OF RESIDENCE LIFE, WISCONSIN LUTHERAN COLLEGE OFFERED GUIDANCE, SUPPORT, ACTIVITIES, AND CAMPUS HOUSING TO 615 STUDENTS WHO LIVED IN 48 COLLEGE-OWNED BUILDINGS IN 2014-2015. THE COLLEGE MANAGES DINING FACILITIES FOR ITS RESIDENT STUDENTS, COMMUTERS, FACULTY, STAFF, GUESTS, AND OUTSIDE GROUPS THAT HOLD EVENTS AND CONFERENCES AT THE COLLEGE. 10844365 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, WARRIORS AT WORK, NEW FRIENDS, AND OTHER CAMPUS ORGANIZATIONS. THE CENTER FOR ARTS AND PERFORMANCE OFFERS FREE ARTS PROGRAMMING THROUGH ITS SUMMER ARTS IN THE PARK SERIES. IN ADDITION, THE COLLEGE PROVIDES SPACE AND SUPPORT FOR PATHWAYS MILWAUKEE. 36120882 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 1 0 1 0 1 61 0 1 1022 1 1 1 0 0 0 0 1 1 0 0 0 0 X 32 32 1 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 0 1 1 1 1 X GARY A SCHMID 4144438800 8800 WEST BLUEMOUND RD MILWAUKEE WI 53226 C DANIEL STEFFERUD REGENT 0.90 X 0 0 0 CHARLES KLUENKER REGENT 0.90 X 0 0 0 DR GARY STIMAC REGENT 0.90 X 0 0 0 DR GERALD FISCHER REGENT 0.90 X 0 0 0 DR R BOWEN LOFTIN REGENT 0.90 X 0 0 0 DR RONALD WHITE TREASURER 1.30 X X 0 0 0 DR TERRY GUELDNER REGENT 0.90 X 0 0 0 DR WILLIAM RAASCH VICE-CHAIRMAN 1.30 X X 0 0 0 GARY DRSKA REGENT 1.30 X 0 0 0 GEORGE ZAFEROS REGENT 0.90 X 0 0 0 JAMES FISCHER CHAIRMAN 3.00 X X 0 0 0 JAMIE LUEHRING REGENT 0.90 X 0 0 0 KENT RAABE REGENT, ADVISORY 1.30 X 0 0 0 KERRY WOODY REGENT 0.90 X 0 0 0 LAWRENCE TOTSKY REGENT 0.90 X 0 0 0 MARK NEUMANN REGENT 1.30 X 0 0 0 MATT TROTTER REGENT 0.90 X 0 0 0 MATTHEW BUROW REGENT 0.90 X 0 0 0 PAUL SCRIVER REGENT 0.90 X 0 0 0 REV DENNIS HIMM REGENT 0.90 X 0 0 0 REV S GENE SIMS REGENT 0.90 X 0 0 0 REV JEFF GUNN REGENT 0.90 X 0 0 0 REV KENNETH FISHER SECRETARY 1.30 X X 0 0 0 REV MARK HENRICH REGENT 0.90 X 0 0 0 RYAN BARBIERI REGENT 1.30 X 0 0 0 SCOTT MAYER REGENT 0.90 X 0 0 0 STEPHEN GRANBERG REGENT 0.90 X 0 0 0 STEVEN BOETTCHER REGENT 1.30 X 0 0 0 TOM PLATH REGENT 0.90 X 0 0 0 W ANDREW UNKEFER REGENT 0.90 X 0 0 0 WILLIAM TREFFERT VICE-CHAIRMAN 0.90 X X 0 0 0 JIM REINERT REGENT 0.90 X 0 0 0 PETE AISBET REGENT 0.90 X 0 0 0 DANIEL JOHNSON PRESIDENT 40.00 X 144906 0 30664 DR JOHN KOLANDER PROVOST 40.00 X 86216 0 33591 GARY SCHMID VP FINANCE 40.00 X 77111 0 11526 308233 0 75781 2 0 1 0 JOHNSON CONTROLS INC 5757 N GREEN BAY AVE MILWAUKEE WI 53201 MAINTENANCE/HOUSEKEEPING 1841704 SODEXO INC & AFFILIATES 1926 W WISCONSIN AVE 250 MILWAUKEE WI 53233 FOOD SERVICE FOR STUDENTS 930083 8800 CONCORD LLC - WESTBURY BANK 17160 W NORTH AVENUE BROOKFIELD WI 53005 STUDENT HOUSING 732368 CATCON LLC 225 E MASON STREET STE 600 MILWAUKEE WI 53202 CONSTRUCTION 343902 REINHART FOOD SERVICE LLC PO BOX 2858 LACROSSE WI 546022858 FOOD SERVICE FOR STUDENTS 290246 9 28450 139658 18471708 2106959 18639816 TUITION AND FEES 900099 24995806 24995806 AUXILIARY ENTERPRISES 611710 5102585 5102585 THEATRE INCOME 900099 106446 106446 30204837 407402 407402 21599 21599 308168 117093 191075 191075 92549 98526 23278405 2778 20055060 0 3223345 2778 3226123 3226123 35840 28450 29924 5916 5916 99302 50799 48503 48198 305 OTHER INCOME 900099 757843 681246 76597 757843 53503114 30934281 169451 3759566 10939035 10939035 430684 130528 114444 185712 10516080 8704962 1134326 676792 650656 540985 61935 47736 2609663 2132538 263822 213303 769452 621445 85190 62817 78304 78304 37468 37468 118747 118747 304363 291641 12722 1310837 808755 431022 71060 743526 356892 386634 1626219 1524099 102120 515056 486603 11892 16561 87963 77907 6651 3405 1267026 1003157 263869 2880435 2774971 105464 199726 4510 195216 MISCELLANEOUS 6805097 5722854 989678 92565 41890337 36120882 4399504 1369951 51065 555412 2696140 629819 2166872 9117956 1258276 1390241 7885 16805 31246 17787 118017506 44649636 72975154 73367870 14140078 16211430 13397189 12901434 1616923 1156083 108340828 115364837 932051 449764 223048 235987 48240000 47352715 5078238 4843580 2662657 2125456 57135994 55007502 X 38240130 34902299 6925965 19221165 6038739 6233871 51204834 60357335 108340828 115364837 X 11612777 -1744657 -715619 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24871974 5134476 481246 1400000 29087696 23387782 312762 2571430 1400000 24871974 22552305 786761 1048716 1000000 23387782 22406569 916796 328940 1100000 22552305 19890297 810909 2305363 600000 22406569 0.53170 0.21430 0.25400 0 0 15586333 15586333 82247547 31981215 50266332 201160 151854 49306 14913145 11223202 3689943 5069321 1293365 3775956 73367870 LIMITED PARTNERSHIPS 2544766 F HEDGE FUNDS 7505034 F REAL ESTATE FUNDS 33445 F VENTURE CAPITAL FUNDS 287283 F DOMESTIC PRIVATE EQUITY FUNDS 1527069 F INTERNATIONAL PRIVATE EQUITY FUNDS 247374 F INVESTMENT IN 8800 CONCORD LLC 756463 F 12901434 DEPOSITS 186170 AGENCY FUNDS 11576 ANNUITIES PAYABLE 269498 SHORT-TERM BORROWINGS 562285 CAPITAL LEASES 529876 INTEREST RATE EXCHANGE LIABILITY 566051 2125456 X 40250820 -1744657 -568602 -2313259 42564079 10939035 10939035 53503114 31098319 147017 147017 30951302 10939035 10939035 41890337 PART V, LINE 4: EARNINGS ON THE ENDOWMENT ARE USED PRIMARILY TO FUND SCHOLARSHIPS FOR UNDERGRADUATE STUDENTS. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS ALSO EXEMPT FROM STATE INCOME TAX. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. IN ACCORDANCE WITH THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE COLLEGE ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE COLLEGE MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERIT OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE COLLEGE AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES DURING FISCAL YEAR 2015. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR FISCAL YEARS PRIOR TO JUNE 30, 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: WITHDRAWAL OVER INCOME EARNED -1,054,306. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 47,675. CHANGE IN INTEREST RATE SWAP 291,012. RENTAL EXPENSES 117,093. FUNDRAISING EXPENSES 29,924. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND INSTITUTIONAL AID 10,939,035. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 117,093. FUNDRAISING EXPENSES 29,924. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND INSTITUTIONAL AID 10,939,035. 1 1 0 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 WORK-STUDY. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES STUDY TOUR / HUMANITARIAN AID 90099 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES STUDY TOUR 2508 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES STUDY TOUR 26589 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO, 0 0 PROGRAM SERVICES STUDY TOUR / HUMANITARIAN AID 25960 0 0 0 0 0 0 145156 0 145156 0 0 0 0 0 0 GOLF OUTING 64290 28450 35840 27317 2607 64290 28450 35840 27317 2607 29924 5916 1 INSTITUTIONAL MERIT AND NEED BASED AID 889 10939035 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 DANIEL JOHNSON PRESIDENT 144906 0 0 0 0 0 5489 0 25175 0 175570 0 0 0 A WI HEALTH & EDUCATIONAL 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 1 US BANK NA 5.000000000000 0 0 0 0 0 A 1 DISCLOSURE SUBJECT TO FERPA LAWS 48010 SCHOLARSHIP MATTHEW BUROW GARY STIMAC KENT RA BOARD MEMBERS / PARTNERS IN 8800 CONCORD, LLC 732368 JOINT VENTURE 0 MATTHEW BUROW BOARD MEMBER/PARTNER IN CATALYST CONSTRUCTION 372902 CONSTRUCTION OF BASEBALL DUGOUTS & MATERIALS 0 X 1 2000000 FMV X SUPPLIES & EQUIPMENT 11 106959 COST 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS MATTHEW BUROW, GARY STIMAC, AND KENT RAABE ARE ALL PARTIAL OWNERS OF 8800 CONCORD, LLC. 8800 CONCORD, LLC WAS COMPENSATED BY THE ORANIZATION FOR A TOTAL OF $732,368 FOR STUDENT HOUSING. ALSO, MATTHEW BUROW IS A PARTIAL OWNER OF CATALYST CONSRUCTION, WHO WERE COMPENSATED BY THE ORGANIZATION FOR A TOTAL OF $342,902 FOR CONSTRUCTION MATERIALS AND LABOR FOR BASEBALL DUGOUTS. 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 11 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 (OFFICERS, DIRECTORS, AND TRUSTEE (REGENTS)) ARE REQUIRED TO SUBMIT AN UPDATED STATEMENT REGARDING CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 USED CUPA STUDY DATA PLUS REVIEWED BY EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 47,675. CHANGE IN INTEREST RATE SWAP 291,012. WITHDRAWAL OVER INCOME EARNED -1,054,306. 8800 CONCORD LLC 8800 WEST BLUEMOUND ROAD MILWAUKEE WI 53226 271463226 STUDENT HOUSING WI WISCONSIN LUTHERAN COLLEGE RELATED 93150 1131516 0 1 0.52580 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 8800 CONCORD LLC K 732368 FMV 8800 CONCORD LLC C 270000 FMV