Creighton University
- Assets
- $1.7b
- Revenue
- $655.1m
- Investments
- $257.8m
- Employees
- 5,394
- Location
- Omaha, NE
- Founding
- 04/1935
- Data as of
- 06/2021
- EIN
- 47-0376583
Organization Overview
Creighton University is located in Omaha, NE. The organization was established in 1935. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Creighton University employed 5,394 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Creighton 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 06/2021, Creighton University generated $655.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $523.4m during the year ending 06/2021. While expenses have increased by 2.1% per year over the past 6 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.
Since 2018, Creighton University has awarded 68 individual grants totaling $1,156,120. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CREIGHTON UNIVERSITY, FOUNDED IN 1878, IS ONE OF 28 JESUIT, CATHOLIC UNIVERSITIES IN THE U.S. THROUGH ITS 9 COLLEGES AND SCHOOLS, CREIGHTON PROVIDES OVER 4,400 UNDERGRADUATE AND NEARLY 4,300 PROFESSIONAL AND GRADUATE STUDENTS AN ATMOSPHERE THAT CHALLENGES THEM ACADEMICALLY AND PROFESSIONALLY, AND SUPPORTS AND INSPIRES THEM INDIVIDUALLY. COMMUNITY SERVICE IS A HALLMARK OF CREIGHTON'S JESUIT, CATHOLIC TRADITION AND FOUNDATIONAL TO ITS MISSION.
Describe the Organization's Program Activity:
HIGHER EDUCATION: INSTRUCTION - CREIGHTON UNIVERSITY, FOUNDED IN 1878, IS A PRIVATE, CATHOLIC, JESUIT EDUCATIONAL INSTITUTION WITH MORE THAN 8,700 STUDENTS OF DIVERSE FAITHS, RACES, AND ETHNIC BACKGROUNDS FROM ACROSS THE UNITED STATES AND 51 COUNTRIES. THE UNIVERSITY PROVIDES ITS OVER 4,400 UNDERGRADUATE AND NEARLY 4,300 PROFESSIONAL AND GRADUATE STUDENTS A BALANCED EDUCATIONAL EXPERIENCE, A RIGOROUS ACADEMIC AGENDA AND A BROAD RANGE OF DISCIPLINES. CREIGHTON'S DISTINCTIVE APPROACH TO EDUCATION INSTILLS NOT JUST INFORMATION BUT IDEALS, IMBUES NOT JUST TECHNICAL SKILLS BUT CRITICAL AND CREATIVE THINKING, AND INSPIRES NOT JUST COMPETENCE BUT PROFESSIONAL DISTINCTION AND FAITH-BASED LEADERSHIP AND SERVICE. IN ADDITION TO THE COLLEGE OF ARTS AND SCIENCES, THE UNIVERSITY'S OLDEST AND LARGEST SCHOOL OR COLLEGE, CREIGHTON UNIVERSITY INCLUDES THE HEIDER COLLEGE OF BUSINESS, THE COLLEGE OF NURSING, THE GRADUATE SCHOOL, THE SCHOOLS OF DENTISTRY, LAW, MEDICINE, PHARMACY AND HEALTH PROFESSIONS, AND UNIVERSITY COLLEGE.
HIGHER EDUCATION: HEALTH CARE SERVICES - CREIGHTON UNIVERSITY'S FOUR HEALTH SCIENCES SCHOOLS - DENTISTRY, MEDICINE, NURSING, AND PHARMACY AND HEALTH PROFESSIONS - EDUCATE HEALTHCARE PROFESSIONALS WHO ARE HIGHLY TRAINED IN HEALTHCARE DELIVERY. CREIGHTON UNIVERSITY MAINTAINS HEALTH SCIENCE CAMPUSES IN OMAHA AND PHOENIX, WITH THE OMAHA CAMPUS OFFERING TRAINING PROGRAMS IN ALL OF THE AFOREMENTIONED HEALTH SCIENCE SPECIALTIES AND THE PHOENIX CAMPUS OFFERING PROGRAMS IN MEDICINE AND NURSING. IN JUNE 2021, THE UNIVERSITY OCCUPIED A NEWLY CONSTRUCTED 183,000 SQ. FT. FACILITY IN PHOENIX, WHICH HOUSES CLASSROOMS, LEARNING ENRICHMENT AREAS, SIMULATION LABORATORIES, ACADEMIC SUPPORT SERVICES, FACULTY AND STAFF OFFICES AND COMMUNITY EDUCATION SPACE FOR THE EXISTING AND EXPANDED MEDICINE AND NURSING PROGRAMS, PLUS NEW OFFERINGS IN PHARMACY, PHYSICAL THERAPY AND OCCUPATIONAL THERAPY. TOTAL ENROLLMENT ON THE PHOENIX CAMPUS IS EXPECTED TO APPROACH 900 HEALTH PROFESSIONS STUDENTS BY 2025. CREIGHTON'S HEALTH SCIENCES SCHOOLS CURRENTLY PROVIDE HEALTHCARE EDUCATION FOR NEARLY 3,500 DENTAL, MEDICAL, NURSING, PHARMACY, AND OCCUPATIONAL AND PHYSICAL THERAPY STUDENTS.
STUDENT LIFE PROGRAMS (INCLUDING AUXILIARY SERVICES) - GUIDED BY JESUIT, CATHOLIC VALUES AND IN SUPPORT OF CREIGHTON UNIVERSITY'S MISSION, THE DIVISION OF STUDENT LIFE FOSTERS HOLISTIC STUDENT DEVELOPMENT IN THE IGNATIAN TRADITION THROUGH ITS PROGRAMS AND SERVICES, TO PRODUCE STUDENTS ENGAGED IN THEIR COMMUNITIES WITH COMPASSION, CONFIDENCE AND CHARACTER. STUDENT LIFE PROGRAMS INCLUDE RESIDENTIAL LIFE; STUDENT COUNSELING SERVICES; STUDENT HEALTH EDUCATION AND COMPLIANCE; COMMUNITY STANDARDS AND WELLBEING; CREIGHTON INTERCULTURAL CENTER; STUDENT LEADERSHIP AND INVOLVEMENT CENTER - INCLUDES NEW STUDENT ORIENTATION (WELCOME WEEK AND SUMMER PREVIEW) AND OVERSIGHT OF CREIGHTON STUDENTS UNION (STUDENT GOVERNMENT), FRATERNITY AND SORORITY LIFE, AND OVER 200 REGISTERED STUDENT ORGANIZATIONS; RECREATION AND WELLNESS - INCLUDES INTRAMURAL/CLUB SPORTS AND FITNESS PROGRAMS; THE STUDENT LIFE FUNCTION OF THE ENCUENTRO DOMINICANO STUDY ABROAD PROGRAM; HOUSING SERVICES (APPROXIMATELY 2,500 STUDENTS LIVE IN ONE OF THE NINE RESIDENCE HALLS ON CAMPUS); DINING SERVICES; STUDENT CENTERS; CENTRALIZED RESERVATIONS; AND CREIGHTON UNIVERSITY'S RETREAT CENTER IN GRISWOLD, IA.
SPONSORED RESEARCH AND OTHER EDUCATION AND GENERAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Mcdermott Athletic Coach | 40 | $2,102,052 | |
Erin Willis Loucks MD Professor | 40 | $907,615 | |
Robert Dunlay Dean, School Of Medicine | Officer | 40 | $766,689 |
John Schmidt MD Professor | 40 | $756,986 | |
Harold A Kaftan MD Professor | 40 | $653,757 | |
Terence Zach MD Professor | 40 | $581,950 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ascend Learning Holdings Llc Medical Education Solutions | 6/29/21 | $772,451 |
Childrens Hospital And Medical Center Physician Billing Services | 6/29/21 | $597,124 |
Optimized Systems Energy Consulting | 6/29/21 | $796,998 |
Ruffalo Noel Levitz Llc Enrollment Marketing Solutions | 6/29/21 | $1,366,208 |
Project Advocates Llc Construction Management | 6/29/21 | $1,273,790 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $245,750 |
| Related organizations | $2,610,372 |
| Government grants | $21,319,555 |
| All other contributions, gifts, grants, and similar amounts not included above | $102,861,710 |
| Noncash contributions included in lines 1a–1f | $31,188,313 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,037,387 |
| Total Program Service Revenue | $473,793,783 |
| Investment income | $30,563,423 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $134,452 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $23,609,719 |
| Net Income from Fundraising Events | -$48,978 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $655,089,786 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $152,172 |
| Grants and other assistance to domestic individuals. | $112,345,290 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,454,442 |
| Compensation of current officers, directors, key employees. | $3,454,442 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $209,844,069 |
| Pension plan accruals and contributions | $3,309,837 |
| Other employee benefits | $26,111,160 |
| Payroll taxes | $12,884,551 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $799,991 |
| Fees for services: Accounting | $426,105 |
| Fees for services: Lobbying | $132,647 |
| Fees for services: Fundraising | $636 |
| Fees for services: Investment Management | $6,600,832 |
| Fees for services: Other | $28,896,048 |
| Advertising and promotion | $1,674,588 |
| Office expenses | $22,286,298 |
| Information technology | $6,411,193 |
| Royalties | $0 |
| Occupancy | $12,925,560 |
| Travel | $2,877,301 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,402,275 |
| Interest | $8,759,739 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,196,468 |
| Insurance | $8,828,439 |
| All other expenses | $9,273,611 |
| Total functional expenses | $523,382,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,685,969 |
| Savings and temporary cash investments | $33,406,676 |
| Pledges and grants receivable | $23,845,339 |
| Accounts receivable, net | $27,118,486 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $37,992,974 |
| Inventories for sale or use | $309,054 |
| Prepaid expenses and deferred charges | $9,281,951 |
| Net Land, buildings, and equipment | $515,344,646 |
| Investments—publicly traded securities | $751,330,408 |
| Investments—other securities | $257,753,040 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,119,242 |
| Total assets | $1,698,187,785 |
| Accounts payable and accrued expenses | $60,337,726 |
| Grants payable | $0 |
| Deferred revenue | $31,117,220 |
| Tax-exempt bond liabilities | $234,191,086 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $7,695,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $75,765,021 |
| Total liabilities | $409,106,053 |
| Net assets without donor restrictions | $753,833,038 |
| Net assets with donor restrictions | $535,248,694 |
| 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 | $1,698,187,785 |
Grants Awarded
Over the last fiscal year, Creighton University has awarded $75,200 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Omaha, NE PURPOSE: General Support | $25,000 |
Omaha, NE PURPOSE: General Support | $22,500 |
Kennesaw, GA PURPOSE: General Support | $16,000 |
CREIGHTON PREPARATORY SCHOOL PURPOSE: General Support | $6,200 |
Omaha, NE PURPOSE: General Support | $5,500 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Creighton University has recieved totaling $21,600.
| Awarding Organization | Amount |
|---|---|
Hawkins Sisters Foundation Omaha, NE PURPOSE: GENERAL FUNDING | $20,000 |
Thomas & Maura Ryan Family Foundation Lake Forest, IL PURPOSE: OPERATING FUNDS | $1,000 |
Carol A Drake And Robert N Troia Charitable Foundation Omaha, NE PURPOSE: PROGRAM OPERATING SUPPORT | $500 |
Screen Porch Foundation Inc Atlanta, GA PURPOSE: PROMOTE LATIN AMERICA MISSIONS | $100 |
Endowment Analysis
| Beg. Balance | $565,974,539 |
| Earnings | $165,516,743 |
| Admin Expense | $8,011,675 |
| Net Contributions | $17,724,189 |
| Other Expense | -$157,675 |
| Grants | $9,374,574 |
| Ending Balance | $731,986,897 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Denver Denver, CO | $1,851,080,134 | $716,746,092 |
Creighton University Omaha, NE | $1,698,187,785 | $655,089,786 |
Drake University Des Moines, IA | $538,166,489 | $252,974,293 |
Colorado College Th Colorado Springs, CO | $1,436,368,887 | $272,135,370 |
Webster University St Louis, MO | $393,134,797 | $161,315,329 |
Maryville University Of St Louis St Louis, MO | $289,038,391 | $183,271,161 |
Lindenwood College St Charles, MO | $462,352,916 | $128,444,522 |
Colorado Christian University Lakewood, CO | $209,184,002 | $148,957,888 |
Bellevue University Bellevue, NE | $223,389,878 | $130,441,670 |
Rockhurst University Kansas City, MO | $176,706,478 | $126,555,115 |
St Ambrose University Davenport, IA | $330,550,712 | $111,513,726 |
Columbia College Columbia, MO | $267,475,036 | $84,570,180 |