Viterbo College Inc
- Assets
- $128.8m
- Revenue
- $68.5m
- Investments
- $0.0
- Employees
- 1,226
- Location
- La Crosse, WI
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 39-0978445
Organization Overview
Viterbo College Inc is located in La Crosse, WI. The organization was established in 1946. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Viterbo College Inc employed 1,226 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Viterbo College Inc 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 06/2022, Viterbo College Inc generated $68.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $64.2m during the year ending 06/2022. While expenses have increased by 1.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE VITERBO UNIVERSITY COMMUNITY PREPARES STUDENTS FOR FAITHFUL SERVICE AND ETHICAL LEADERSHIP
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION - POST-SECONDARY EDUCATION, WITH PROGRAMS FOR TRADITIONAL UNDERGRADUATE STUDENTS, ACCELERATED PROGRAMS FOR WORKING ADULTS, AND GRADUATE EDUCATION FOR APPROXIMATELY 2,500 STUDENTS.
ACADEMIC SUPPORT, FINE ARTS, AND OTHER PUBLIC SERVICES
STUDENT SERVICES - STUDENT SUPPORT SERVICES PROVIDED FOR ALL STUDENTS, INCLUDING STUDENT ACTIVITIES, REGISTRAR, ADMISSIONS, FINANCIAL AID, HEALTH SERVICES, ATHLETICS, LEARNING CENTER, AND CAREER SERVICES.
AUXILIARY SERVICES - RESIDENCE HALLS AND FOOD SERVICE PROGRAMS, SERVING A RESIDENTIAL CAPACITY OF APPROXIMATELY 650 STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glena Temple President | OfficerTrustee | 40 | $174,416 |
Richard Trietley President | OfficerTrustee | 40 | $196,724 |
Sara Cook Vice President | OfficerTrustee | 40 | $144,420 |
Chad Babcock Trustee | Trustee | 1 | $0 |
Laquita Becker Trustee | Trustee | 1 | $0 |
Anthony Binsfeld Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aramark Food Service | 6/29/22 | $2,147,895 |
Fowler Hammer Construction Services | 6/29/22 | $562,347 |
Vendi Advertising Advertising Services | 6/29/22 | $554,987 |
Ellucian Technology Services | 6/29/22 | $408,481 |
La Crosse Glass Construction Services | 6/29/22 | $357,611 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $45,605 |
| Related organizations | $0 |
| Government grants | $4,052,728 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,017,797 |
| Noncash contributions included in lines 1a–1f | $129,522 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,116,130 |
| Total Program Service Revenue | $55,663,798 |
| Investment income | $2,296,320 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $29,955 |
| Net Gain/Loss on Asset Sales | $4,458,411 |
| Net Income from Fundraising Events | -$33,825 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $68,530,789 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $20,317,862 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $822,293 |
| Compensation of current officers, directors, key employees. | $822,293 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,794,177 |
| Pension plan accruals and contributions | $562,575 |
| Other employee benefits | $3,385,643 |
| Payroll taxes | $1,459,726 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,582 |
| Fees for services: Accounting | $71,283 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $236,714 |
| Fees for services: Other | $5,774,472 |
| Advertising and promotion | $1,120,200 |
| Office expenses | $4,308,046 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,230,332 |
| Travel | $973,090 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,236 |
| Interest | $16,325 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,545,550 |
| Insurance | $0 |
| All other expenses | $171,566 |
| Total functional expenses | $64,226,204 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,085,200 |
| Pledges and grants receivable | $3,092,678 |
| Accounts receivable, net | $575,411 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $80,889 |
| Prepaid expenses and deferred charges | $1,116,081 |
| Net Land, buildings, and equipment | $49,610,916 |
| Investments—publicly traded securities | $63,979,610 |
| Investments—other securities | $0 |
| Investments—program-related | $2,272,220 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $128,813,005 |
| Accounts payable and accrued expenses | $3,211,555 |
| Grants payable | $0 |
| Deferred revenue | $2,513,506 |
| Tax-exempt bond liabilities | $104,904 |
| Escrow or custodial account liability | $888,089 |
| 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 | $4,021,488 |
| Total liabilities | $10,739,542 |
| Net assets without donor restrictions | $89,091,196 |
| Net assets with donor restrictions | $28,982,267 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $128,813,005 |