Corban University

Organization Overview

Corban University is located in Salem, OR. The organization was established in 1956. 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, Corban University employed 657 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corban 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, Corban University generated $41.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $37.8m during the year ending 06/2021. While expenses have increased by 0.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

EQUIP MEN AND WOMEN TO BRING CHARACTER TO THEIR COMMUNITIES AND COMPETENCE TO THEIR CAREERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TUITION AND FEES USED TO PROVIDE OVER 50 UNDERGRADUATE, GRADUATE, AND DOCTORAL PROGRAMS, BOTH ON CAMPUS AND ONLINE TO APPROXIMATELY 1,200 STUDENTS. EACH PROGRAM COMBINES ACADEMIC EXCELLENCE WITH CHRISTIAN PRINCIPLES AND PURPOSE, INTEGRATING A BIBLICAL WORLDVIEW IN EVERY CLASS.


TO PROVIDE ON-CAMPUS STUDENT HOUSING AND FOOD SERVICES FOR OVER 450 STUDENTS ANNUALLY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
A-game Courts
Gymnasium Floor Construction
$155,640
Aramark Corporation
Food Services
$1,783,173
Capture Llc
Marketing Consulting
$137,510
Frey Resource Group
Grant Writing
$121,208
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$3,268
Related organizations$0
Government grants $1,919,744
All other contributions, gifts, grants, and similar amounts not included above$3,121,256
Noncash contributions included in lines 1a–1f $956,733
Total Revenue from Contributions, Gifts, Grants & Similar$5,044,268
Total Program Service Revenue$35,460,954
Investment income $125,822
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $91,794
Net Gain/Loss on Asset Sales $217,919
Net Income from Fundraising Events $15,073
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $40,955,830

Grants Recieved

Over the last fiscal year, we have identified 21 grants that Corban University has recieved totaling $1,546,647.

Awarding OrganizationAmount
$571,950
M J Murdock Charitable Trust

Vancouver, WA

PURPOSE: ONLINE EDUCATIONAL PROGRAM EXPANSION

$544,250
M J Murdock Charitable Trust

Vancouver, WA

PURPOSE: ONLINE EDUCATIONAL PROGRAM EXPANSION

$201,250
M J Murdock Charitable Trust

Vancouver, WA

PURPOSE: VISION AND CALL INTERNSHIP PROGRAM (PHASE 9 - GRANT CYCLE 1)

$66,000
$29,000
Oregon Alliance Of Independent Colleges And Universities

Tualatin, OR

PURPOSE: SUPPORT AND SCHOLARSHIPS

$26,586
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$562,293
Earnings$65,447
Ending Balance$627,740

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