Quincy University Corporation

Organization Overview

Quincy University Corporation is located in Quincy, IL. The organization was established in 1940. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 05/2022, Quincy University Corporation employed 471 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quincy University Corporation 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 05/2022, Quincy University Corporation generated $50.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $49.2m during the year ending 05/2022. While expenses have increased by 2.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PREPARE MEN AND WOMEN FOR LEADERSHIP AND FOR THE TRANSFORMATION OF THE WORLD BY EDUCATING THEM TO SEEK KNOWLEDGE THAT LEADS TO WISDOM. WE WELCOME ALL TO SHARE OUR SPIRIT AND LIFE.

Describe the Organization's Program Activity:

INSTITUTION: APPROXIMATELY 1,170 DEGREE-SEEKING STUDENTS ENROLLED, WITH INSTITUTIONAL AID TO APPROXIMATELY 1,150 STUDENTS. ADDITIONALLY, APPROXIMATELY 120 STUDENTS ENROLLED IN POST BACCALAUREATE WORKSHOPS.


STUDENT SERVICES: INCLUDES DEPARTMENTS SUCH AS ADMISSIONS, FINANCIAL AID STUDENT LIFE, CAMPUS MINISTRY, REGISTRAR, AND ATHLETIC PROGRAMS. THESE OFFICES SERVE STUDENTS THROUGH THE FALL, SPRING, AND SUMMER TERMS.


AUXILIARY ENTERPRISES: SERVES APPROXIMATELY 560 STUDENTS. THE MAJORITY OF THIS AREA IS COMPRISED OF THE ADMINISTRATION AND MAINTENANCE OF STUDENT HOUSING AS WELL AS FOOD SERVICE. THE UNIVERSITY HAS DORMITORIES AS WELL AS HOUSES AND APARTMENTS WITH ONE MAIN DINING HALL.


ACADEMIC SUPPORT & OTHER


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Board, Officers & Key Employees

Name (title)Compensation
Dr Brian Mcgee
President
$252,056
Cynthia Haliemun
Dean, Oakley
$123,877
Thomas Oliver
VP Enrollmen
$117,450
Mark Strieker
CFO - Treasu
$109,373
Kenneth Oliver
Dean, School
$100,577
Bill Metzinger
Vice-Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Chartwells
Food Service
$2,279,975
National Management Resources Corp
Maintenance Out
$1,502,669
Eab
Marketing
$515,185
Peters Heating & Air Conditioning In
Maintenance
$279,747
Blessing Rieman Collegenursing
Curriculum
$278,079
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$41,896
Related organizations$0
Government grants $4,452,769
All other contributions, gifts, grants, and similar amounts not included above$9,801,043
Noncash contributions included in lines 1a–1f $546,115
Total Revenue from Contributions, Gifts, Grants & Similar$14,295,708
Total Program Service Revenue$34,463,871
Investment income $498,660
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$7,473
Net Gain/Loss on Asset Sales $562,726
Net Income from Fundraising Events $3,574
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $50,168,607

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Quincy University Corporation has recieved totaling $1,141,378.

Awarding OrganizationAmount
Cfm Foundation

Quincy, IL

PURPOSE: FINANCIAL RECOVERY

$1,000,000
Community Foundation Of The Quincy Area

Quincy, IL

PURPOSE: OPERATIONAL SUPPORT

$86,323
Associated Colleges Of Illinois Inc

Chicago, IL

PURPOSE: Educational Activities

$21,900
J W Gardner Ii Foundation

Quincy, IL

PURPOSE: GENERAL OPERATING EXPENSE

$11,400
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$10,750
St Louis Community Foundation Incorporated

St Louis, MO

PURPOSE: EDUCATION

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$21,500,083
Earnings-$1,417,630
Admin Expense$97,268
Net Contributions$4,388,063
Grants$1,071,277
Ending Balance$23,301,971

Peer Organizations

Organization NameAssets
Campbellsville University Inc
Campbellsville, KY
$142,326,474
Luther College
Decorah, IA
$125,968,312
Centre College Of Kentucky
Danville, KY
$215,283,093
Lawrence University Of Wisconsin
Appleton, WI
$124,103,689
Lake Forest College
Lake Forest, IL
$111,531,265
Trine University Inc
Angola, IN
$121,889,140
Saint Marys College
Notre Dame, IN
$143,002,673
St Norbert College Inc
De Pere, WI
$103,405,590
Taylor University
Upland, IN
$122,251,609
Millikin University
Decatur, IL
$97,576,221
Wartburg College
Waverly, IA
$101,117,542
College Of The Ozarks
Point Lookout, MO
$134,988,466

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