St Norbert College Inc is located in De Pere, 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 05/2023, St Norbert College Inc employed 1,960 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. St Norbert 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 05/2023, St Norbert College Inc generated $140.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $117.6m during the year ending 05/2023. While expenses have increased by 2.6% per year over the past 8 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ST. NORBERT COLLEGE, A CATHOLIC LIBERAL ARTS COLLEGE EMBRACING THE NORBERTINE IDEAL OF COMMUNIO, PROVIDES AN EDUCATIONAL ENVIRONMENT THAT FOSTERS INTELLECTUAL, SPIRITUAL AND PERSONAL DEVELOPMENT.
Describe the Organization's Program Activity:
SCHOLARSHIPS & GRANTS
AUXILIARY ENTERPRISES PROVIDES HOUSING, BOARD, AND BOOKSTORE SERVICES TO APPROXIMATELY 1,552 RESIDENTIAL STUDENTS (1,817 TOTAL STUDENTS).
EDUCATION DELIVERY, GENERAL/OTHER: INSTRUCTION, RESEARCH, PUBLIC SERVICE, AND ACADEMIC SUPPORT (1,817).
STUDENT SERVICES PROGRAM: STUDENT SERVICES INCLUDES ADMISSIONS, REGISTRATION, FINANCIAL AID, CAREER CENTER, AND THE HEALTH CENTER (1,817 STUDENTS).
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Massey Chief Of Staff And Secretary | OfficerTrustee | 40 | $123,898 |
Mr Mike Mcevoy Trustee | Trustee | 1 | $0 |
Bro Terry Lauerman O Praem Trustee | Trustee | 1 | $0 |
Dr Sandra Odorzynski Trustee | Trustee | 1 | $0 |
Rt Rev James B Herring O Pr Trustee | Trustee | 1 | $0 |
Mr Mike Daniels Trustee | Trustee | 1 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Miron Construction Co Inc Construction | 5/30/23 | $2,431,054 |
Royall And Company Consulting | 5/30/23 | $485,212 |
Performa Inc Architectural Service | 5/30/23 | $263,373 |
Communications Engineering Company Engineering Service | 5/30/23 | $235,619 |
Springview Landscape Service Inc Landscaping Service | 5/30/23 | $185,565 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $851,388 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,490,543 |
| Noncash contributions included in lines 1a–1f | $269,306 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,341,931 |
| Total Program Service Revenue | $90,778,852 |
| Investment income | $3,725,045 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,873,539 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,931,188 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $140,264,286 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $39,822,640 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $771,427 |
| Compensation of current officers, directors, key employees. | $771,427 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $35,728,727 |
| Pension plan accruals and contributions | $3,063,747 |
| Other employee benefits | $5,608,781 |
| Payroll taxes | $2,602,947 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $283,301 |
| Fees for services: Accounting | $95,415 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $439,925 |
| Fees for services: Other | $2,919,731 |
| Advertising and promotion | $342,518 |
| Office expenses | $1,624,357 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,063,454 |
| Travel | $2,704,109 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $627,732 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,509,862 |
| Insurance | $6,650,716 |
| All other expenses | $64,734 |
| Total functional expenses | $117,552,167 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,004,493 |
| Savings and temporary cash investments | $184,341 |
| Pledges and grants receivable | $25,770,822 |
| Accounts receivable, net | $838,736 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $871,447 |
| Inventories for sale or use | $207,930 |
| Prepaid expenses and deferred charges | $912,138 |
| Net Land, buildings, and equipment | $156,461,462 |
| Investments—publicly traded securities | $171,284,554 |
| Investments—other securities | $10,503,102 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,222,358 |
| Total assets | $372,261,383 |
| Accounts payable and accrued expenses | $8,044,687 |
| Grants payable | $923,774 |
| Deferred revenue | $1,481,448 |
| Tax-exempt bond liabilities | $20,550,968 |
| 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 | $4,797,520 |
| Total liabilities | $35,798,397 |
| Net assets without donor restrictions | $149,963,336 |
| Net assets with donor restrictions | $186,499,650 |
| 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 | $372,261,383 |