Lewis University
- Assets
- $241.6m
- Revenue
- $165.7m
- Investments
- $84.1m
- Employees
- 1,741
- Location
- Romeoville, IL
- Founding
- 09/1975
- Data as of
- 06/2020
- EIN
- 36-2167773
Organization Overview
Lewis University is located in Romeoville, IL. The organization was established in 1975. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 06/2021, Lewis University employed 1,741 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lewis University is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2020, Lewis University generated $165.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $164.6m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
LEWIS UNIVERSITY, GUIDED BY ITS CATHOLIC AND LASALLIAN HERITAGE, PROVIDES TO A DIVERSE STUDENT POPULATION POST SECONDARY EDUCATION AND TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNIVERSITY PROVIDES POST SECONDARY EDUCATION AND TRAINING TO STUDENTS. PROGRAM SERVICE COSTS INCLUDE INSTRUCTORS, SALARIES, RESIDENCE HALL AND RELATED OPERATIONAL EXPENDITURES. APPROXIMATELY 6,400 STUDENTS ATTENDED DURING THIS PERIOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr David Livingston President | OfficerTrustee | 40 | $426,279 |
Dr Christopher Sindt Provost | Officer | 40 | $260,431 |
Bonnie Bondavallileft 620 Dean, College Arts & Sciences | 40 | $253,001 | |
Raymond Kennelly Chief Strategy Officer | Officer | 40 | $234,700 |
Luigi Amendola VP For University Advancement | Officer | 40 | $207,785 |
Ryan Butt Dean, College Of Business | 40 | $199,037 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Miller Canfield Paddock And Stone Legal Services | 6/29/21 | $358,935 |
Pullara Inc Construction | 6/29/21 | $379,665 |
Sodexo Inc And Affiliates Food Services | 6/29/21 | $2,193,715 |
Wiley Edu Llc Online Education | 6/29/21 | $1,995,248 |
Smithgroup Inc Design Consulting | 6/29/21 | $365,867 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,927,840 |
| Investment income | $277,682 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $615,870 |
| Net Income from Fundraising Events | -$45,123 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $165,657,993 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $52,912,238 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,932,633 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,818,419 |
| Pension plan accruals and contributions | $3,088,348 |
| Other employee benefits | $10,131,688 |
| Payroll taxes | $3,502,359 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $327,473 |
| Fees for services: Accounting | $167,748 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,667 |
| Fees for services: Other | $8,952,664 |
| Advertising and promotion | $1,006,621 |
| Office expenses | $3,839,223 |
| Information technology | $1,723,682 |
| Royalties | $0 |
| Occupancy | $3,638,335 |
| Travel | $1,464,942 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,388,558 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,111,501 |
| Insurance | $1,092,141 |
| All other expenses | $0 |
| Total functional expenses | $164,630,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,555 |
| Savings and temporary cash investments | $3,433,922 |
| Pledges and grants receivable | $1,936,781 |
| Accounts receivable, net | $6,396,548 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $469,631 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $84,088,273 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $866,783 |
| Total assets | $241,611,224 |
| Accounts payable and accrued expenses | $9,571,982 |
| Grants payable | $0 |
| Deferred revenue | $3,446,154 |
| Tax-exempt bond liabilities | $76,085,382 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,062,587 |
| Total liabilities | $94,166,105 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $147,445,119 |
Grants Recieved
Over the last fiscal year, we have identified 29 grants that Lewis University has recieved totaling $306,898.
| Awarding Organization | Amount |
|---|---|
Arthur J Schmitt Foundation Northbrook, IL PURPOSE: STUDENT SCHOLARSHIPS & LEADERSHIP DEVELOPMENT | $65,000 |
Westlake Health Foundation Oakbrook Terrace, IL PURPOSE: WESTLAKE NURSING SCHOLARSHIP PROGRAM | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $30,250 |
Yawkey Foundation Ii Dedham, MA PURPOSE: TUITION SCHOLARSHIPS TO ACCESS EDUCATIONAL OPPORTUNITIES | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $23,217 |
Associated Colleges Of Illinois Inc Chicago, IL PURPOSE: Educational Activities | $22,500 |
Endowment Analysis
| Beg. Balance | $84,155,381 |
| Earnings | $22,016,099 |
| Net Contributions | $1,523,957 |
| Grants | $1,951,985 |
| Ending Balance | $105,743,452 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Art Institute Of Chicago Chicago, IL | $2,023,763,079 | $324,720,371 |
Herzing University Ltd Milwaukee, WI | $145,438,947 | $172,534,723 |
Lewis University Romeoville, IL | $241,611,224 | $165,657,993 |
Institute For The International Education Of Students Chicago, IL | $83,294,554 | $91,386,482 |
Kansas City Art Institute Kansas City, MO | $176,074,045 | $52,746,007 |
Christel House Academy Inc Indianapolis, IN | $13,789,684 | $29,066,462 |
Higher Learning Commission Chicago, IL | $30,215,357 | $14,566,348 |
Lincoln Christian University Lincoln, IL | $26,403,234 | $11,063,987 |
Wisconsin Association Of Independent Colleges And Universit Madison, WI | $20,602,047 | $4,896,137 |
Institute For American Universities Batavia, IL | $0 | $2,168,286 |
Ascendium Education Group Inc Madison, WI | $2,297,580,826 | $30,305,077 |
Kentucky Mountain Bible College Incorporated Jackson, KY | $9,330,725 | $2,960,534 |