ALVERNO COLLEGE: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- ALVERNO COLLEGE (EIN 39-0806263)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-06
- IRS object ID
- 202631269349301613
- Schema version
- 2024v5.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-06T12:49:34-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY ADVISORY GROUP LP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 790 N WATER ST SUITE 2000 | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 390806263 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALVERNO COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ALVE | BusinessNameControlTxt |
| Phone | 4143826000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 343922 | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 532343922 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LORENZE LEGASPI | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 4143826000 | PhoneNum |
| Signature | 2026-05-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TROY E MARINE | PreparerPersonNm |
| PTIN | P00187863 | PTIN |
| Phone | 4147775500 | PhoneNum |
| Preparation | 2026-05-04 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CHRISTY BROWN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 343922 | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 532343922 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $60,613,982 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ALVERNO.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1940 | FormationYr |
| Legal Domicile State | WI | LegalDomicileStateCd |
| Activity Or Mission | ALVERNO OFFERS UNDERGRADUATE PROGRAMS FOR WOMEN, AND ADULT AND GRADUATE PROGRAMS FOR WOMEN & MEN. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 761 | TotalEmployeeCnt |
| Total Volunteers | 157 | TotalVolunteersCnt |
| Total Gross UBI | $4,596 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $2,074 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,404,653 | PYContributionsGrantsAmt |
| CY Contributions Grants | $16,203,942 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $36,270,637 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $30,999,939 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,799,638 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,213,200 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $42,474,928 | PYTotalRevenueAmt |
| CY Total Revenue | $49,417,081 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $13,042,070 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $10,445,749 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $22,724,917 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $16,700,243 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $61,801 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $120,940 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $794,368 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $17,973,465 | PYOtherExpensesAmt |
| CY Other Expenses | $17,369,536 | CYOtherExpensesAmt |
| PY Total Expenses | $53,802,253 | PYTotalExpensesAmt |
| CY Total Expenses | $44,636,468 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$11,327,325 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,780,613 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $81,321,504 | TotalAssetsBOYAmt |
| Total Assets EOY | $84,891,270 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $22,395,404 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $19,587,112 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $58,926,100 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $65,304,158 | NetAssetsOrFundBalancesEOYAmt |
| Mission | ALVERNO COLLEGE PREPARES WOMEN FOR LIVES OF PERSONAL AND PROFESSIONAL DISTINCTION AND MEANINGFUL ENGAGEMENT WITH THE WORLD. ALVERNO ALSO EXTENDS THIS MISSION BY OFFERING GRADUATE AND ADULT PROGRAMS TO WOMEN AND MEN. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $39,879,133 | ExpenseAmt |
| Grant | $10,445,749 | GrantAmt |
| Revenue | $30,999,939 | RevenueAmt |
| Desc | UNDERGRADUATE AND GRADUATE EDUCATION: MORE THAN 60 UNDERGRADUATE DEGREE PROGRAMS OFFERED FOR TRADITIONAL FULL-TIME STUDENTS AND THROUGH ADULT DEGREE COMPLETION PROGRAMS IN TWO ACADEMIC COLLEGES THE JOANN MCGRATH SCHOOL OF NURSING AND HEALTH PROFESSIONS AND THE SCHOOL OF LIBERAL ARTS AND PROFESSIONAL STUDIES. GRADUATE DEGREES ARE ALSO OFFERED THROUGH THESE ACADEMIC COLLEGES INCLUDING MASTER OF ARTS IN EDUCATION, MASTER OF SCIENCE IN SCHOOL AND COMMUNITY PSYCHOLOGY, MASTER OF SCIENCE IN NURSING, DOCTOR OF NURSING, AND DOCTOR OF EDUCATION. | Desc |
| Total Program Service Expenses | $39,879,133 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 1929 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 761 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAVE BRZECZKOWSKI CONTROLLER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4143826413 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3400 S 43RD STREET | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 532343922 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| KATHERINE M HUDSON | |||||||
| CHAIR | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KRISTINE OBRECHT | |||||||
| VICE CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| S KATHLEEN O'BRIEN | |||||||
| VICE CHAIR | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ABIGAIL J NASH | |||||||
| BOARD MEMBER (TERM 06/2025) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALAN MURPHY | |||||||
| BOARD MEMBER (TERM 06/2025) | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| BARBARA KLUKA | |||||||
| BOARD MEMBER | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| BRUCE MYERS | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CECELIA GORE | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ELLEN HOPPER | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GINA SPANG | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOVITA CARRANZA | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHLEEN FLANAGAN | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHRYN MCCORMACK | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARI-ANNE HECHMANN | |||||||
| BOARD MEMBER (TERM 06/2025) | 5.00 | Yes (X) | $0 | $0 | $0 | ||
| MARIANNE LUBAR | |||||||
| BOARD MEMBER (TERM 06/2025) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARSHA SEHLER | |||||||
| BOARD MEMBER (TERM 06/2025) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHELLE WEBB DIXON | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| S MARY DIEZ | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| S MARY SCHNEIDER | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SAMANTHA MALDONADO | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SYNEATHIA LAGRANT | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TAMMY BELTON-DAVIS | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TIA VERNON | |||||||
| BOARD MEMBER (TERM 03/2025) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TINA CHANG | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTY BROWN | |||||||
| PRESIDENT | 40.00 | Yes (X) | $304,346 | $0 | $27,489 | ||
| JODI EASTBERG | |||||||
| INTERIM VP OF ACADEMIC AFFAIRS | 40.00 | Yes (X) | $159,213 | $0 | $20,871 | ||
| HEIDI ANDERSON-ISAACSON | |||||||
| VP OF STUDENT DEVELOPMENT & SUCCESS | 40.00 | Yes (X) | $95,389 | $0 | $22,246 | ||
| DAWN PETERSON | |||||||
| CFO (TERM 07/2024) | 40.00 | Yes (X) | $92,255 | $0 | $16,157 | ||
| KATHERINE LUNDEEN | |||||||
| VP OF ENROLLMENT & MARKETING | 40.00 | Yes (X) | $87,123 | $0 | $3,207 | ||
| JOANNE PASSARO | |||||||
| VP OF ACADEMIC AFFAIRS | 40.00 | Yes (X) | $75,751 | $0 | $156 | ||
| MICHAEL GUNS | |||||||
| INTERIM CFO | 40.00 | Yes (X) | $70,012 | $0 | $0 | ||
| MICHELE KITSON-IKUSZ | |||||||
| VP OF ADVANCEMENT | 40.00 | Yes (X) | $21,538 | $0 | $0 | ||
| LAURIE KUNKEL-JORDAN | |||||||
| DEAN - SCHOOL OF NURSING | 40.00 | $135,757 | $0 | $12,699 | Yes (X) | ||
| DESIREE POINTER | |||||||
| PROFESSOR - GRADUATE PROGRAM | 40.00 | $118,610 | $0 | $2,439 | Yes (X) | ||
| RANDA SULEMAN | |||||||
| PROFESSOR | 40.00 | $107,261 | $0 | $2,453 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,267,255 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $107,717 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SYNERGIS EDUCATION LLC | |||||
| 1201 S ALMA SCHOOL RD 9500 | MESA | AZ | 85210 | ONLINE PROGRAM PARTNER | $5,173,401 |
| ELLUCIAN COMPANY LP | |||||
| 2003 EDMUND HALLEY DR 500 | RESTON | VA | 20191 | ERP SOFTWARE/CONSULTING | $3,091,418 |
| ELIOR INC | |||||
| 300 S TRYON STREET STE 400 | CHARLOTTE | NC | 28202 | FOOD SERVICES | $1,189,441 |
| 4M BUILDING SOLUTIONS LLC | |||||
| 2827 CLARK AVE | ST LOUIS | MO | 63103 | JANITORIAL | $1,143,976 |
| EAB GLOBAL INC | |||||
| 2445 M STREET NW | WASHINGTON | DC | 20037 | SOFTWARE | $647,934 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,865,457 | GovernmentGrantsAmt |
| All Other Contributions | $14,338,485 | AllOtherContributionsAmt |
| Noncash Contributions | $278,135 | NoncashContributionsAmt |
| Total Contributions | $16,203,942 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611310 | $27,794,529 | $27,794,529 |
| AUXILIARY ENTERPRISES | 611310 | $3,114,426 | $3,114,426 |
| OTHER INCOME | 611310 | $90,984 | $90,984 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $30,999,939 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $782,031 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $4,596 | UnrelatedBusinessRevenueAmt |
| Exclusion | $777,435 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,628,070 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,196,901 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,431,169 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,431,169 | TotalRevenueColumnAmt |
| Exclusion | $1,431,169 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $49,417,081 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $30,999,939 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $4,596 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,208,604 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,445,749 | TotalAmt |
| Program Services | $10,445,749 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,059,539 | TotalAmt |
| Program Services | $463,956 | ProgramServicesAmt |
| Management And General | $510,260 | ManagementAndGeneralAmt |
| Fundraising | $85,323 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,829,578 | TotalAmt |
| Program Services | $11,390,377 | ProgramServicesAmt |
| Management And General | $1,048,560 | ManagementAndGeneralAmt |
| Fundraising | $390,641 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $122,601 | TotalAmt |
| Program Services | $120,077 | ProgramServicesAmt |
| Management And General | -$2,294 | ManagementAndGeneralAmt |
| Fundraising | $4,818 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,753,692 | TotalAmt |
| Program Services | $1,444,643 | ProgramServicesAmt |
| Management And General | $259,185 | ManagementAndGeneralAmt |
| Fundraising | $49,864 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $934,833 | TotalAmt |
| Program Services | $822,574 | ProgramServicesAmt |
| Management And General | $78,764 | ManagementAndGeneralAmt |
| Fundraising | $33,495 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,733 | TotalAmt |
| Program Services | $21,140 | ProgramServicesAmt |
| Management And General | $28,593 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,984 | TotalAmt |
| Management And General | $99,984 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $120,940 | TotalAmt |
| Fundraising | $120,940 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,010 | TotalAmt |
| Management And General | $98,010 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,232,872 | TotalAmt |
| Program Services | $5,039,999 | ProgramServicesAmt |
| Management And General | $1,187,262 | ManagementAndGeneralAmt |
| Fundraising | $5,611 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $234,660 | TotalAmt |
| Program Services | $233,100 | ProgramServicesAmt |
| Fundraising | $1,560 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $995,735 | TotalAmt |
| Program Services | $951,606 | ProgramServicesAmt |
| Management And General | -$20,524 | ManagementAndGeneralAmt |
| Fundraising | $64,653 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,013,596 | TotalAmt |
| Program Services | $1,992,563 | ProgramServicesAmt |
| Management And General | $8,741 | ManagementAndGeneralAmt |
| Fundraising | $12,292 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,256,209 | TotalAmt |
| Program Services | $1,895,685 | ProgramServicesAmt |
| Management And General | $360,524 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $231,537 | TotalAmt |
| Program Services | $217,734 | ProgramServicesAmt |
| Management And General | $11,769 | ManagementAndGeneralAmt |
| Fundraising | $2,034 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $756,092 | TotalAmt |
| Program Services | $567,851 | ProgramServicesAmt |
| Management And General | $165,903 | ManagementAndGeneralAmt |
| Fundraising | $22,338 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,557,101 | TotalAmt |
| Program Services | $3,557,101 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BAD DEBT | $587,841 | $587,841 | ||
| MEMBERSHIP DUES | $256,166 | $127,137 | $128,230 | $799 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,636,468 | TotalAmt |
| Program Services | $39,879,133 | ProgramServicesAmt |
| Management And General | $3,962,967 | ManagementAndGeneralAmt |
| Fundraising | $794,368 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $210,484 | BOYAmt |
| EOY | $4,082,647 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,755,060 | BOYAmt |
| EOY | $8,819,523 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,252,616 | BOYAmt |
| EOY | $2,535,058 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,153,720 | BOYAmt |
| EOY | $1,456,043 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $404,602 | BOYAmt |
| EOY | $380,115 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,893 | BOYAmt |
| EOY | $47,927 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $438,126 | BOYAmt |
| EOY | $337,607 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $107,928,899 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $79,824,550 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,526,202 | BOYAmt |
| EOY | $28,104,349 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,723,981 | BOYAmt |
| EOY | $31,193,284 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,821,784 | BOYAmt |
| EOY | $6,914,762 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $983,036 | BOYAmt |
| EOY | $1,019,955 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,321,504 | BOYAmt |
| EOY | $84,891,270 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,238,557 | BOYAmt |
| EOY | $2,362,557 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $284,452 | BOYAmt |
| EOY | $117,958 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,802,655 | BOYAmt |
| EOY | $1,955,251 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,459,513 | BOYAmt |
| EOY | $5,220,650 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,610,227 | BOYAmt |
| EOY | $9,930,696 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,395,404 | BOYAmt |
| EOY | $19,587,112 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,318,306 | BOYAmt |
| EOY | $30,531,297 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,607,794 | BOYAmt |
| EOY | $34,772,861 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,926,100 | BOYAmt |
| EOY | $65,304,158 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,321,504 | BOYAmt |
| EOY | $84,891,270 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $4,780,613 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,544,547 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $52,898 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $132,407 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $36,216,702 | BeginningYearBalanceAmt |
| Contributions | $496,632 | ContributionsAmt |
| Investment Earnings Or Losses | $3,136,733 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,817,943 | GrantsOrScholarshipsAmt |
| End Year Balance | $38,032,124 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $38,632,746 | BeginningYearBalanceAmt |
| Contributions | $364,604 | ContributionsAmt |
| Investment Earnings Or Losses | $3,944,234 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,724,882 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,000,000 | OtherExpendituresAmt |
| End Year Balance | $36,216,702 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $35,474,095 | BeginningYearBalanceAmt |
| Contributions | $376,026 | ContributionsAmt |
| Investment Earnings Or Losses | $4,440,848 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,658,223 | GrantsOrScholarshipsAmt |
| End Year Balance | $38,632,746 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $41,615,758 | BeginningYearBalanceAmt |
| Contributions | $773,771 | ContributionsAmt |
| Investment Earnings Or Losses | -$5,413,338 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,502,096 | GrantsOrScholarshipsAmt |
| End Year Balance | $35,474,095 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $31,516,800 | BeginningYearBalanceAmt |
| Contributions | $1,674,876 | ContributionsAmt |
| Investment Earnings Or Losses | $9,815,012 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,390,930 | GrantsOrScholarshipsAmt |
| End Year Balance | $41,615,758 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.19890 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.80110 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $32,900 | OtherCostOrOtherBasisAmt |
| Book Value | $32,900 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $71,040,520 | OtherCostOrOtherBasisAmt |
| Depreciation | $49,658,052 | DepreciationAmt |
| Book Value | $21,382,468 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,882,985 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,650,555 | DepreciationAmt |
| Book Value | $3,232,430 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $25,448,026 | OtherCostOrOtherBasisAmt |
| Depreciation | $22,315,148 | DepreciationAmt |
| Book Value | $3,132,878 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,524,468 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,200,795 | DepreciationAmt |
| Book Value | $323,673 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $28,104,349 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| REAL ESTATE FUNDS | $3,243,238 | F |
| PRIVATE EQUITY FUNDS | $3,671,524 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $6,914,762 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ASSET RETIREMENT OBLIGATION | $5,161,812 |
| ANNUITIES PAYABLE | $231,884 |
| PPP LOAN | $4,537,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $9,930,696 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $40,470,767 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,544,547 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $52,898 | OtherRevenueAmt |
| Revenue Not Reported | $1,597,445 | RevenueNotReportedAmt |
| Revenue Subtotal | $38,873,322 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $98,010 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $10,445,749 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $10,543,759 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $49,417,081 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $34,092,709 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $34,092,709 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $98,010 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $10,445,749 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $10,543,759 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $44,636,468 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | THE MAJORITY OF THE ART COLLECTION DONATED TO THE COLLEGE IS 46 PAINTINGS FROM TWO WISCONSIN ARTISTS. THE COLLEGE'S UNIQUE EMPHASIS ON LEARNING EIGHT ABILITIES NEEDED TO PUT KNOWLEDGE TO USE - COMMONLY CALLED "ABILITY-BASED EDUCATION" - HAS GAINED NATIONAL PRAISE. ONE OF THE ABILITIES STUDENTS NEED TO DEMONSTRATE IS AESTHETIC ENGAGEMENT WHICH IS DEFINED AS ENGAGE WITH VARIOUS FORMS OF ART AND IN ARTISTIC PROCESSES, TAKE AND DEFEND POSITIONS REGARDING THE MEANING AND VALUE OF ARTISTIC EXPRESSIONS IN THE CONTEXTS FROM WHICH THEY EMERGE. THE ART COLLECTION WILL BE USED FOR EDUCATIONAL PURPOSES. |
| PART V, LINE 4: | THE CONCORDIA FOUNDATION'S. |
| PART X, LINE 2: | THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ACCORDING TO AN INTERNAL REVENUE SERVICE DETERMINATION LETTER DATED MARCH 1956. ACCORDINGLY, THE COLLEGE IS NOT SUBJECT TO FEDERAL INCOME TAXES EXCEPT TO THE EXTENT IT DERIVES INCOME FROM CERTAIN ACTIVITIES NOT SUBSTANTIALLY RELATED TO ITS TAX-EXEMPT PURPOSES (UNRELATED TRADE OR BUSINESS ACTIVITIES). THE COLLEGE HAD NO MATERIAL UNRELATED BUSINESS INCOME DURING THE YEAR. THE COLLEGE 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 COLLEGE FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2025 AND 2024. THE COLLEGE'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 52,898. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | TUITION DISCOUNTS AND SCHOLARSHIPS 10,445,749. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | TUITION DISCOUNTS AND SCHOLARSHIPS 10,445,749. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | Yes (1) | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE PROGRAMS, SERVICES, AND FACILITIES OF THE COLLEGE ARE AVAILABLE TO THE GENERAL PUBLIC REGARDLESS OF RACE, COLOR, RELIGION, DISABILITY, OR NATIONAL ORIGIN. |
| SCHEDULE E, PART I, LINE 6 | IN 1979, ALVERNO COLLEGE WAS A WOMEN'S COLLEGE AND DID NOT ACCEPT STUDENTS INTO UNDERGRADUATE DEGREE PROGRAMS WHO WERE NOT FEMALE. THE COLLEGE WAS CHARGED WITH DISCRIMINATION BECAUSE IT DENIED ADMISSION TO A MALE APPLICANT FOR A NURSING DEGREE PROGRAM. IN 1980, A CONCILIATION AGREEMENT WAS ENTERED INTO BY THE COLLEGE AND THE DEPARTMENT OF HEALTH, EDUCATION, AND WELFARE, WHEREBY THE COLLEGE AGREES THAT IT WILL NEITHER REQUEST NOR RECEIVE PUBLIC HEALTH ACT FUNDS DURING SUCH TIMES AS THE ADMISSION POLICIES OF THE COLLEGE RESTRICT MALES FROM ADMITTANCE TO ALL PROGRAMS IN THE DEPARTMENT OF NURSING. TODAY, ALVERNO COLLEGE DOES WELCOME BOTH MEN AND WOMEN INTO OUR ADULT UNDERGRADUATE, LICENSURE AND GRADUATE PROGRAMS. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| HARBOR BUSINESS COMPLIANCE | ||||||||
| 1830 COLONIAL VILLAGE LN | LANCASTER | PA | 17601 | STATE COMPLIANCE | 0 | $0 | $8,096 | -$8,096 |
| PEOPLEGROVE INC | ||||||||
| 240 STOCKTON ST | SAN FRANCISCO | CA | 94108 | GIVING TOOL | 0 | $0 | $7,500 | -$7,500 |
| WEALTHENGINE INC | ||||||||
| 4340 EAST WEST HIGHWAY | BETHESDA | MD | 20814 | GIVING TOOL | 0 | $0 | $4,000 | -$4,000 |
| GONSER GERBER LLP | ||||||||
| 1776 LEGACY CIRCLE STE 100 | NAPERVILLE | IL | 60563 | CONSULTANT ADVANCEMENT STRATEGY | 0 | $0 | $72,461 | -$72,461 |
| GIVE CAMPUS | ||||||||
| 99 M ST SE STE 233 | WASHINGTON | DC | 20003 | GIVING TOOL | 0 | $0 | $28,883 | -$28,883 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $120,940 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$120,940 | TotalNetToOrganizationAmt |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AZ | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | DE | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | ID | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | IN | LicensedStatesCd |
| Licensed States | IA | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | MT | LicensedStatesCd |
| Licensed States | NE | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | SD | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | TX | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
| Licensed States | WY | LicensedStatesCd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| INSTITUTIONAL SCHOLARSHIPS | 613 | $9,896,466 |
| TUITION DISCOUNTS | 278 | $549,283 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | SELECTION OF STUDENTS IS BASED ON ESTABLISHED CRITERIA OF EACH SCHOLARSHIP FUND AND STUDENTS ARE AWARDED SCHOLARSHIPS ON ACCOUNT THROUGH FINANCIAL AID. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHRISTY BROWN | ||||||||||||||
| PRESIDENT | $304,346 | $0 | $0 | $0 | $0 | $0 | $7,875 | $0 | $19,614 | $0 | $331,835 | $0 | $0 | $0 |
| JODI EASTBERG | ||||||||||||||
| INTERIM VP OF ACADEMIC AFFAIRS | $159,213 | $0 | $0 | $0 | $0 | $0 | $4,625 | $0 | $16,246 | $0 | $180,084 | $0 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 391337855 | BondIssuerEIN |
| Bond Issued | 2014-08-08 | BondIssuedDt |
| Issue Price | $26,772,390 | IssuePriceAmt |
| Purpose | NEW CONSTRUCTION/REFUND 1997 ISSUE | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $21,368,213 | RetiredAmt |
| Total Proceeds | $26,772,390 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $224,062 | IssuanceCostsFromProceedsAmt |
| Working Capital Expenditures | $17,948,328 | WorkingCapitalExpendituresAmt |
| Other Spent Proceeds | $8,600,000 | OtherSpentProceedsAmt |
| Substantial Completion | 2015 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | Yes (1) | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | DATE REBATE COMPUTATION PERFORMED | FormAndLineReferenceDesc |
| Explanation | ISSUER NAME: WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 09/19/2019 | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| RICHARD PIEPER | |||
| SUBSTANTIAL CONTRIBUTOR | $113,916 | ELECTRICAL SERVICES | 0 |
| DONALD W LAYDEN JR | |||
| BOARD MEMBER & OPERATING PARTNER AT BAIRD CAPITAL | $98,010 | INVESTMENT SERVICES | 0 |
| DONALD W LAYDEN JR | |||
| BOARD MEMBER & OF COUNSEL AT QUARLES AND BRADY | $27,843 | LEGAL SERVICES | 0 |
| JOHNSON CONTROLS | |||
| SUBSTANTIAL CONTRIBUTOR | $98,215 | FIRE/SECURITY SERVICES | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 9 | ContributionCnt |
| Noncash Contributions Rpt F990 | $278,135 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE AMOUNT IN COLUMN (B) REPRESENTS THE TOTAL NUMBER OF CONTRIBUTIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | BYLAWS HAVE BEEN REVISED FOR TRUSTEE TERM LIMITS. TRUSTEES MAY SERVE FOR A MAXIMUM OF FOUR (4) CONSECUTIVE THREE (3)-YEAR TERMS. AFTER SERVING THE MAXIMUM NUMBER OF CONSECUTIVE TERMS, A TRUSTEE MAY BE ELIGIBLE FOR RE-ELECTION TO THE BOARD AFTER A MINIMUM ONE-YEAR ROTATION OFF THE BOARD. |
| FORM 990, PART VI, SECTION A, LINE 6 | THIS COLLEGE IS OWNED AND OPERATED AS A SPONSORED MINISTRY OF THE SCHOOL SISTERS OF ST. FRANCIS OF ST. JOSEPH'S CONVENT, MILWAUKEE, WISCONSIN, INC., A RELIGIOUS COMMUNITY OF THE ROMAN CATHOLIC CHURCH, BY VIRTUE OF THE COLLEGE HAVING BEEN ORGANIZED, GOVERNED, AND OPERATED BY SUCH RELIGIOUS COMMUNITY AND MEMBERS OF SUCH RELIGIOUS COMMUNITY COMPOSING THE MEMBERSHIP OF THE COLLEGE. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE COLLEGE SHALL HAVE MEMBERS OF NO FEWER THAN THREE (3) IN NUMBER OR MORE THAN SIX (6) IN NUMBER. THEY SHALL BE THE PROVINCIAL TEAM AND TREASURER OF THE SCHOOL SISTERS OF ST. FRANCIS, UNITED STATES PROVINCE. THE BOARD OF TRUSTEES SHALL CONSIST OF NOT LESS THAN FIFTEEN (15) NOR MORE THAN FORTY (40) TRUSTEES AS DETERMINED FROM TIME TO TIME BY THE BOARD OF TRUSTEES WITH THE APPROVAL OF THE MEMBERSHIP. |
| FORM 990, PART VI, SECTION A, LINE 7B | SEE BYLAWS. THE MEMBERS SHALL HAVE THE FOLLOWING POWERS AND DUTIES: A) TO ADOPT OR CHANGE THE MISSION AND TO SAFEGUARD THE PURPOSES OF THE COLLEGE, TO ANNUALLY MEET WITH THE BOARD OF TRUSTEES AND REVIEW THE FUNCTIONS OF THE BOARD OF TRUSTEES AND THE OPERATIONS OF THE COLLEGE IN ACCORD WITH THE SCHOOL SISTERS OF ST. FRANCIS PHILOSOPHY, VALUES AND HERITAGE. B) TO APPOINT SIX (6) TRUSTEES TO THE BOARD FOR TERMS OF THREE (3) YEARS. C) TO APPOINT A SCHOOL SISTER OF ST. FRANCIS TO THE COMMITTEE FOR THE SELECTION OF THE PRESIDENT OF THE COLLEGE, AND TO APPROVE THE SLATE OF NOMINEES FOR THE POSITION OF PRESIDENT OF THE COLLEGE. D) TO APPROVE ANY AMENDMENTS, RESTATEMENTS OR MODIFICATIONS OF THE ARTICLES OF INCORPORATION AND THE BYLAWS OF THE COLLEGE. E) TO APPROVE THE COLLEGE'S ESTABLISHMENT OF ANOTHER CORPORATION, ENDOWMENT, FOUNDATION, OR TRUST, AND TO APPROVE SUCH ORGANIZATION'S ARTICLES AND BYLAWS. F)TO APPROVE ANY CONTRACT UNDERTAKEN WITH A MANAGEMENT FIRM FOR GENERAL ADMINISTRATION SERVICES OR FULL OPERATION OF THE COLLEGE. G) TO ESTABLISH THE GUIDELINES AND TO ANNUALLY APPROVE THE OPERATING AND CAPITAL BUDGETS OF THE COLLEGE. H) TO APPROVE THE AUDITING FIRM FOR THE COLLEGE AND ANY OF ITS AFFILIATED ENTITIES, AND TO ACCEPT THE AUDIT REPORT. I) TO APPROVE THE PURCHASE, SALE, LEASE, TRANSFER, OR MORTGAGE OF ANY REAL PROPERTY OF THE COLLEGE. J) TO APPROVE ALL DEBT OBLIGATIONS OF THE COLLEGE IN EXCESS OF A THRESHOLD ESTABLISHED FROM TIME TO TIME BY THE MEMBERS. K) TO APPROVE ALL MAJOR FUND DRIVES L) TO APPROVE THE MERGER, CONSOLIDATION, OR DISSOLUTION OF THE COLLEGE AND TO APPROVE THE PLAN FOR SUCH DISPOSITION AS PROPOSED BY THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE FINAL DRAFT OF THE FORM 990 AND APPROVES IT ONCE ANY QUESTIONS ARE ADDRESSED. THE FORM 990 IS THEN SENT TO ALL MEMBERS OF THE BOARD AS INFORMATION, WITH ANY QUESTIONS THAT ARISING DIRECTED BACK TO THE CHAIR OF THE FINANCE AND AUDIT COMMITTEE. THIS OCCURS PRIOR TO THE FORM 990 BEING FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | A CONFLICT OF INTEREST DISCLOSURE FORM IS COMPLETED ANNUALLY BY MEMBERS OF THE BOARD OF TRUSTEE AND BY OFFICERS OF THE INSTITUTION. THESE FORMS ARE REVIEWED BY THE CHAIR OF THE FINANCE AND AUDIT COMMITTEE OF THE BOARD, WITH ANY POTENTIAL CONFLICTS LISTED BEING CONSIDERED AND DISCUSSED AS APPROPRIATE TO ENSURE THERE IS NO RESULTING IMPROPRIETY OR INTERFERENCE. |
| FORM 990, PART VI, SECTION B, LINE 15A | PRESIDENT COMPENSATION PROCESS: THE TRUSTEES USE THE WISCONSIN ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES ANNUAL EXECUTIVE COMPENSATION REPORT AS THE PRIMARY TOOL IN DETERMINING COMPENSATION. PERFORMANCE IS EVALUATED ON AN ANNUAL, WRITTEN BASIS, AND THE SALARY IS COMMENSURATE WITH LENGTH OF TENURE AND LEVEL OF PERFORMANCE AS MEASURED AGAINST ESTABLISHED GOALS. |
| FORM 990, PART VI, SECTION C, LINE 19 | AVAILABLE UPON REQUEST. |
| FORM 990, PART VII, SECTION B: | THE FIVE HIGHEST PAID CONTRACTORS ARE IDENTICAL TO THE 2023 TAX RETURN. THE 2023 TAX RETURN ERRONOUSLY PRESENTED THE 2024 HIGHEST PAID CONTRACTORS. |
| FORM 990, PART IX, LINE 11G | OTHER EXPENSES: PROGRAM SERVICE EXPENSES 5,039,999. MANAGEMENT AND GENERAL EXPENSES 1,187,262. FUNDRAISING EXPENSES 5,611. TOTAL EXPENSES 6,232,872. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 52,898. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHOOL SISTERS OF ST FRANCIS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | US PROVINCE 1545 S LAYTON BLVD | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53215 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 390806266 | EIN |
| Primary Activities | RELIGIOUS ORGANIZATION | PrimaryActivitiesTxt |
| Legal Domicile State | WI | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | N/A | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHOOL SISTERS OF ST FRANCIS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | P | TransactionTypeTxt |
| Involved | $461,057 | InvolvedAmt |
| Method Of Amount Determination | PAID CHECKS | MethodOfAmountDeterminationTxt |