Central College

Organization Overview

Central College is located in Pella, IA. The organization was established in 1939. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Central College employed 1,382 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central College 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, Central College generated $65.4m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $70.9m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

CENTRAL COLLEGE IS A PRIVATE LIBERAL ARTS INSTITUTION DEDICATED TO THE FOUR YEAR UNDERGRADUATE EXPERIENCE

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED EDUCATIONAL SERVICES RELATED TO CLASSROOM TEACHING, LABORATORY EXPERIENCES, AND PROGRAM SERVICE TO 1,120 STUDENTS, INCLUDING 1,015 RECEIVING INSTITUTIONAL FINANCIAL ASSISTANCE.


PROVIDED ROOM AND BOARD ON A RESIDENTIAL CAMPUS TO 1056 STUDENTS LIVING IN RESIDENTIAL UNITS AND 1045 STUDENTS WITH BOARD CONTRACTS.


EXPENSES RELATED TO PROVIDING PERSONAL SERVICES AND ACTIVITIES FOR STUDENTS AT A RESIDENTIAL COLLEGE, INCLUDING COUNSELING, EXTRA-CURRICULAR ACTIVITIES, HEALTH CENTER, ADMISSIONS, AND STUDENT GOVERNMENT.


GOVERNMENT-SPONSORED TRIO PROGRAMS - EXPENSES OF FEDERAL GRANT PROGRAM


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Board, Officers & Key Employees

Name (title)Compensation
Mark Putnam - President
President
$267,719
Mary Strey
VP Academics
$194,086
Thomas Johnson
VP Finance &
$189,571
Carol Williamson
VP Enrollmen
$150,510
Sunny Eighmy
VP Developme
$137,898
Robert Franks
Faculty
$114,571

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Johnson Controls Inc
Contractor
$310,150
United Wisconsin Ins
Insurance
$308,890
Weitz
Contractor
$3,518,816
Conference Technologies
Contractor
$375,760
Lmc Insurance & Risk Management
Insurance
$319,190
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$5,264,182
Investment income $4,742,939
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $75,170
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $65,374,610

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Central College has recieved totaling $4,150.

Awarding OrganizationAmount
Mount Saint Clare Education Charitable Trust

Clinton, IA

PURPOSE: SCHOLARSHIPS

$3,000
King Scholarship Fund

Dallas, TX

PURPOSE: SCHOLARSHIP

$1,150
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$79,516,457
Earnings$20,769,085
Net Contributions$3,460,659
Other Expense$2,428,648
Grants$1,571,352
Ending Balance$99,746,202

Peer Organizations

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$127,833,637
Luther College
Decorah, IA
$125,968,312
College Of St Scholastica Inc
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$117,585,202
Lawrence University Of Wisconsin
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$124,103,689
Lake Forest College
Lake Forest, IL
$111,531,265
College Of St Benedict Business Off
Saint Joseph, MN
$110,041,062
St Norbert College Inc
De Pere, WI
$103,405,590
University Of Northwestern-St Paul
St Paul, MN
$110,000,439
Millikin University
Decatur, IL
$97,576,221
Wartburg College
Waverly, IA
$101,117,542
College Of The Ozarks
Point Lookout, MO
$134,988,466
Coe College
Cedar Rapids, IA
$91,175,984

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