2015-05-15T08:51:00-05:00 2014-06-30 391173131 SCHENCK SC 11414 W PARK PLACE STE 200 MILWAUKEE WI 53224 990 2013-07-01 237179639 WISCONSIN LUTHERAN COLLEGE INC WISC 4144438800 8800 WEST BLUEBOUND ROAD MILWAUKEE WI 53226 GARY A SCHMID VICE PRESIDENT FINANCE 4144438800 2015-05-14 1 JILL M BOYLE P01246734 4144634411 2013 2016-04-25 22:37:26Z DANIEL W JOHNSON 8800 WEST BLUEBOUND ROAD MILWAUKEE WI 53226 48990121 0 1773 X WWW.WLC.EDU X 1973 WI WISCONSIN LUTHERAN COLLEGE IS A PRIVATE, FOUR-YEAR LIBERAL ARTS COLLEGE OFFERING NATIONALLY RANKED ACADEMIC PROGRAMS IN A CHRISTIAN ENVIRONMENT. IN ADDITION TO TRADITIONAL UNDERGRADUATE PROGRAMS, A MASTER OF ARTS IN EDUCATION AND ADULT DEGREE COMPLETION PROGRAMS ARE AVAILABLE BOTH ON CAMPUS AND ONLINE. IN EDUCATION, ITS MISSION IS TO PROVIDE AN OPPORTUNITY TO ITS STUDENTS FOR A LIBERAL ARTS EDUCATION IN KEEPING WITH THE THEOLOGICAL FOUNDATION OF ITS CONFERENCE CONGREGATIONS AND THE WISCONSIN EVANGELICAL LUTHERAN SYNOD. 31 31 961 100 175710 489 7548007 7846364 28725471 29990592 1454700 3846120 3424157 1194709 41152335 42877785 10188244 10798481 0 0 14297009 14564508 0 0 1427219 15249509 14946830 39734762 40309819 1417573 2567966 105884135 108340828 58523650 57135994 47360485 51204834 X WISCONSIN LUTHERAN COLLEGE IS A PRIVATE, FOUR-YEAR LIBERAL ARTS COLLEGE OFFERING 38 UNDERGRADUATE MAJORS AND 5 GRADUATE DEGREES. IN EDUCATION, ITS MISSION IS TO PROVIDE AN OPPORTUNITY TO ITS' STUDENTS FOR A LIBERAL ARTS EDUCATION IN KEEPING WITH THE THEOLOGICAL FOUNDATION OF ITS' CONFERENCE CONGREGATIONS AND THE WISCONSIN EVANGELICAL LUTHERAN SYNOD. 0 0 23623049 10798481 24752394 INSTRUCTION AND ACADEMIC SUPPORT: WISCONSIN LUTHERAN COLLEGE OFFERS NATIONALLY RANKED ACADEMIC PROGRAMS IN A CHRISTIAN ENVIRONMENT. STUDENTS PARTICIPATE IN SMALL CLASSES AND RECEIVE ONE-ON-ONE MENTORING FROM PROFESSORS. THE COLLEGE PREPARES ITS STUDENTS (938 FULL-TIME AND 34 PART-TIME) TO BE CHRISTIAN LEADERS IN THEIR CHOSEN ACADEMIC FIELDS. IN ADDITION TO TRADITIONAL UNDERGRADUATE PROGRAMS THAT ENCOMPASS 38 MAJORS AND 5 PRE-PROFESSIONAL PROGRAMS, A MASTER OF ARTS IN EDUCATION AND ACCELERATED DEGREE COMPLETION PROGRAMS ARE OFFERED BOTH ON CAMPUS AND ONLINE. DURING 2013-2014, 448 STUDENTS TOOK COURSES THROUGH THE COLLEGE OF ADULT AND GRADUATE STUDIES. DURING 2013-2014, 218 STUDENTS GRADUATED FROM THE COLLEGE WITH A BACHELOR OF SCIENCE DEGREE, A BACHELOR OF ARTS DEGREE, A BACHELOR OF SCIENCE IN NURSING DEGREE, OR A MASTER OF ARTS IN EDUCATION. 11432596 5238198 AUXILARY ENTERPRISES AND STUDENT SERVICES: THROUGH THE OFFICE OF RESIDENCE LIFE, WISCONSIN LUTHERAN COLLEGE OFFERED GUIDANCE, SUPPORT, ACTIVITIES, AND CAMPUS HOUSING TO 636 STUDENTS WHO LIVED IN 48 COLLEGE-OWNED BUILDINGS IN 2013-2014. OUTSIDE GROUPS AND CAMP ATTENDEES ALSO UTILIZED CAMPUS HOUSING DURING THE SUMMER. THE COLLEGE MANAGES DINING FACILITIES FOR ITS RESIDENT STUDENTS, COMMUTERS, FACULTY, STAFF, GUESTS, AND OUTSIDE GROUPS THAT HOLD EVENTS AND CONFERENCES AT THE COLLEGE. 526444 1035970 PUBLIC SERVICE AND INSTITUTIONAL: WISCONSIN LUTHERAN COLLEGE SERVES ITS COMMUNITY THROUGH A VARIETY OF PROGRAMS. STUDENTS PERFORM SERVICE PROJECTS LOCALLY, NATIONALLY, AND INTERNATIONALLY THROUGH THE OFFICE OF CAMPUS MINISTRY, WARRIORS AT WORK, NEW FRIENDS, AND OTHER CAMPUS ORGANIZATIONS. THE CENTER FOR ARTS AND PERFORMANCE OFFERS FREE ARTS PROGRAMMING THROUGH ITS SUMMER ARTS IN THE PARK SERIES. IN ADDITION, THE COLLEGE PROVIDES SPACE AND SUPPORT FOR PATHWAYS MILWAUKEE. 35582089 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 1 0 1 97 0 1 961 1 1 1 0 0 0 0 1 1 0 0 0 0 X 31 31 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 0 1 1 1 1 X GARY A SCHMID 4144438800 8800 WEST BLUEMOUND RD MILWAUKEE WI 53226 JAMES FISCHER CHAIRMAN 3.00 X X 0 0 0 RYAN BARBIERI REGENT 1.30 X 0 0 0 STEVEN BOETTCHER REGENT 0.90 X 0 0 0 MATTHEW BUROW REGENT 0.90 X 0 0 0 GARY DRSKA REGENT 0.90 X 0 0 0 DR GERALD FISCHER REGENT 0.90 X 0 0 0 REV KENNETH FISHER SECRETARY 1.30 X X 0 0 0 STEPHEN GRANBERG REGENT 0.90 X 0 0 0 JUSTIN GREGORIUS REGENT 0.90 X 0 0 0 DR TERRY GUELDNER REGENT 0.90 X 0 0 0 REV JEFF GUNN REGENT 0.90 X 0 0 0 PAUL HARTWIG REGENT 0.90 X 0 0 0 REV MARK HENRICH REGENT 0.90 X 0 0 0 REV DENNIS HIMM REGENT 0.90 X 0 0 0 CHARLES KLUENKER REGENT 0.90 X 0 0 0 DR R BOWEN LOFTIN REGENT 0.90 X 0 0 0 SCOTT MAYER REGENT 0.90 X 0 0 0 MARK NEUMANN REGENT 0.90 X 0 0 0 TOM PLATH REGENT 0.90 X 0 0 0 KENT RAABE REGENT 0.90 X 0 0 0 DR WILLIAM RAASCH TREASURER 1.30 X X 0 0 0 REV GENE SIMS REGENT 0.90 X 0 0 0 C DANIEL STEFFERUD REGENT 0.90 X 0 0 0 DR GARY STIMAC REGENT 0.90 X 0 0 0 LAWRENCE TOTSKY REGENT 0.90 X 0 0 0 WILLIAM TREFFERT VICE-CHAIRMAN 1.30 X X 0 0 0 MATT TROTTER REGENT 0.90 X 0 0 0 W ANDREW UNKEFER REGENT 0.90 X 0 0 0 DR RONALD WHITE REGENT 1.30 X 0 0 0 KERRY WOODY REGENT 0.90 X 0 0 0 GEORGE ZAFEROS REGENT 1.30 X 0 0 0 DANIEL JOHNSON PRESIDENT 40.00 X 142292 0 77204 DR JOHN KOLANDER PROVOST 40.00 X 86366 0 67061 GARY SCHMID VP FINANCE 40.00 X 73202 0 46648 301860 0 190913 1 0 1 0 JOHNSON CONTROLS INC 5757 N GREEN BAY AVE MILWAUKEE WI 53201 MAINTENANCE/HOUSEKEEPING 1844591 SODEXO INC & AFFILIATES 1926 W WISCONSIN AVE 250 MILWAUKEE WI 53233 FOOD SERVICE FOR STUDENTS 969418 GORDON FLESCH CO 11021 WEST LINCOLN AVE MILWAUKEE WI 53227 MAINTENANCE 168837 3 26010 7820354 7846364 TUITION AND FEES 900099 24752394 24752394 AUXILIARY ENTERPRISES 611710 5238198 5238198 29990592 1459504 1459504 89543 106621 -17078 -17078 -17078 6212415 2119833 5378219 567413 834196 1552420 2386616 2386616 26544 26010 26437 107 107 46807 33646 13161 13080 81 OTHER INCOME 900099 1198519 1022890 175629 1198519 42877785 31026562 175710 3829149 10798481 10798481 413960 125460 110000 178500 10378184 8655699 1027486 694999 599416 482131 69219 48066 2412981 2012466 223011 177504 759967 621296 75433 63238 22236 22236 43367 43367 102382 102382 209009 196609 12400 1320404 804535 448156 67713 693086 360405 332681 1972368 1891010 81358 574273 513330 16431 44512 87764 72635 9372 5757 1418533 1145052 273481 2811771 2707963 103808 211590 3244 208346 MISCELLANEOUS 5480047 5191773 141344 146930 40309819 35582089 3300511 1427219 24767 51065 2203401 2696140 1581492 2166872 1007569 1258276 12532 7885 50760 31246 114780356 41805202 75045334 72975154 8198802 14140078 10819929 13397189 6939549 1616923 105884135 108340828 627103 932051 276930 223048 48550000 48240000 5501173 5078238 3568444 2662657 58523650 57135994 X 31853783 38240130 9732328 6925965 5774374 6038739 47360485 51204834 105884135 108340828 X 2567966 2186861 -910478 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23387782 312762 2571430 1400000 24871974 22552305 786761 1048716 1000000 23387782 22406569 916796 328940 1100000 22552305 19890297 810909 2305363 600000 22406569 19009537 1061635 754125 935000 19890297 0.65000 0.24000 0.11000 0 0 15425638 15425638 82066157 30048756 52017401 12138482 8977247 3161235 5150079 2779199 2370880 72975154 SHORT-TERM INVESTMENTS 1907580 F LIMITED PARTNERSHIPS 3484391 F MANAGED FUTURES 1073062 F HEDGE FUNDS 3403277 F REAL ESTATE FUNDS 237128 F VENTURE CAPITAL FUNDS 382828 F DOMESTIC PRIVATE EQUITY FUNDS 1607301 F INTERNATIONAL PRIVATE EQUITY FUNDS 301622 F INVESTMENT IN 8800 CONCORD LLC 1000000 F 13397189 DEPOSITS 176019 AGENCY FUNDS 3335 ANNUITIES PAYABLE 346577 SHORT-TERM BORROWINGS 753943 CAPITAL LEASES 525720 INTEREST RATE EXCHANGE LIABILITY 857063 2662657 X 33488745 2186861 -777420 1409441 32079304 10798481 10798481 42877785 29644396 133058 133058 29511338 10798481 10798481 40309819 PART V, LINE 4: EARNINGS ON THE ENDOWMENT ARE USED PRIMARILY TO FUND SCHOLARSHIPS FOR UNDERGRADUATE STUDENTS. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS ALSO EXEMPT FROM STATE INCOME TAX. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. IN ACCORDANCE WITH THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE COLLEGE ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE COLLEGE MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERIT OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE COLLEGE AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES DURING FISCAL YEAR 2014. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR FISCAL YEARS PRIOR TO JUNE 30, 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: WITHDRAWAL OVER INCOME EARNED -1,141,433. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 20,763. CHANGE IN INTEREST RATE SWAP 210,192. RENTAL EXPENSES 106,621. FUNDRAISING EXPENSES 26,437. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND INSTITUTIONAL AID 10,798,481. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 106,621. FUNDRAISING EXPENSES 26,437. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND INSTITUTIONAL AID 10,798,481. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 OUR NON-DISCRIMINATION POLICIES ARE PUBLIC AND REPRESENTED IN OUR STUDENT GUIDES AND WEBSITE. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES AND ADMINISTERS FEDERAL FINANCIAL AID (TITLE IV) INCLUDING PELL GRANTS, DIRECT LOANS AND FEDERAL WORK-STUDY. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES STUDY TOUR / HUMANITARIAN AID 80558 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY TOUR 3426 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES STUDY TOUR 51288 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES STUDY TOUR / HUMANITARIAN AID 20043 0 0 0 0 0 0 155315 0 155315 0 0 0 0 0 0 GOLF OUTING 52554 26010 26544 25990 447 52554 26010 26544 25990 447 26437 107 1 INSTITUTIONAL MERIT AND NEED BASED AID 938 10798481 PART I, LINE 2: WLC AWARDS SCHOLARSHIPS AND GRANTS TO QUALIFIED STUDENTS MEETING CERTAIN FINANCIAL NEED TESTS AND ACADEMIC MERIT LEVELS. STUDENTS RECEIVING FINANCIAL ASSISTANCE MUST MEET SPECIFIC CRITERIA SUCH AS ACADEMIC ACHIEVEMENT, FINE ARTS ABILITIES, FINANCIAL NEED, OR OTHER SIMILAR STANDARDS SET BY THE BOARD OF REGENTS OR DONORS OF RESTRICTED OR ENDOWED FUNDS. X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 DANIEL JOHNSON PRESIDENT 142292 0 0 0 0 0 5409 0 71795 0 219496 0 0 0 DR JOHN KOLANDER PROVOST 86366 0 0 0 0 0 8308 0 58753 0 153427 0 0 0 A WI HEALTH & EDUCATIONAL FACILITIES AUTHORITY 391337855 2012-02-23 48850000 CONSTRUCTION AND EQUIPPING OF CERTAIN EDUCATIONAL FACILITIES 0 0 0 A 48850000 48670000 180000 2006 1 0 1 1 A 0 0 0 0 0 0 0 A 1 1 1 US BANK NA 5.000000000000 0 0 0 0 0 A 1 DISCLOSURE SUBJECT TO FERPA LAWS 49240 SCHOLARSHIP MATTHEW BUROW GARY STIMAC KENT RA BOARD MEMBERS / PARTNERS IN 8800 CONCORD, LLC 1000000 JOINT VENTURE 0 FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF THE BOARD OF REGENTS RESTS WITH DELEGATES OF THE CONFERENCE OF CONGREGATIONS WHICH FOUNDED THE COLLEGE. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY THE VICE PRESIDENT OF FINANCE AND SHARED WITH MEMBERS OF THE PRESIDENT'S CABINET, THE CHAIRMAN OF THE BOARD, AND THE EXECUTIVE COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY EACH MEMBER OF THE BOARD (OFFICERS, DIRECTORS, AND TRUSTEE (REGENTS)) ARE REQUIRED TO SUBMIT AN UPDATED STATEMENT REGARDING CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 USED CUPA STUDY DATA PLUS REVIEWED BY EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 20,763. CHANGE IN INTEREST RATE SWAP 210,192. WITHDRAWAL OVER INCOME EARNED -1,141,433. 8800 CONCORD LLC 8800 WEST BLUEMOUND ROAD MILWAUKEE WI 53226 271463226 STUDENT HOUSING WI WISCONSIN LUTHERAN COLLEGE RELATED 1082379 0 0 0.52580 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8800 CONCORD LLC B 1000000 FMV