Rochester Christian University
- Assets
- $30.2m
- Revenue
- $25.0m
- Investments
- $0.0
- Employees
- 405
- Location
- Rochester Hills, MI
- Founding
- 09/1963
- Data as of
- 05/2023
- EIN
- 38-1619831
Organization Overview
Rochester Christian University is located in Rochester Hills, MI. The organization was established in 1963. 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, Rochester Christian University employed 405 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rochester Christian 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 05/2023, Rochester Christian University generated $25.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $24.9m during the year ending 05/2023. While expenses have increased by 3.9% 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
EDUCATIONTHE MISSION OF ROCHESTER UNIVERSITY IS TO PREPARE STUDENTS FOR PROFESSIONAL AND PERSONAL SUCCESS AS THEY SERVE IN GODS WORLD
Describe the Organization's Program Activity:
ROCHESTER UNIVERSITY CULTIVATES ACADEMIC EXCELLENCE, PRINCIPLED CHARACTER, SERVANT LEADERSHIP, AND GLOBAL AWARENESS THROUGH A RIGOROUS EDUCATIONAL EXPERIENCE THAT INTEGRATES LIBERAL ARTS AND PROFESSIONAL STUDIES WITHIN AN INCLUSIVE CHRISTIAN HERITAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Stogner President | Officer | 50 | $211,310 |
Thomas Rellinger Executive VP Of Rochester Col | Officer | 50 | $137,348 |
Klint Pleasant Sr VP - Athletic Director | Officer | 50 | $116,440 |
Remy Bruder Provost | Officer | 50 | $120,290 |
Charity Davidson VP - Human Resources | Officer | 50 | $100,596 |
Scott Samuels VP Enrollment | Officer | 50 | $114,864 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $104,330 |
| Related organizations | $0 |
| Government grants | $541,033 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,912,996 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,558,359 |
| Total Program Service Revenue | $22,203,685 |
| Investment income | $127,119 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $46,527 |
| Net Gain/Loss on Asset Sales | $65,586 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,001,276 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,468,180 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $924,107 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,293,887 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $733,115 |
| Payroll taxes | $545,165 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20,964 |
| Fees for services: Accounting | $40,942 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $424,949 |
| Office expenses | $590,942 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $445,792 |
| Travel | $358,996 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $122,096 |
| Interest | $874,949 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,101,797 |
| Insurance | $552,441 |
| All other expenses | $1,260,506 |
| Total functional expenses | $24,905,227 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,340,302 |
| Savings and temporary cash investments | $1,275,929 |
| Pledges and grants receivable | $1,011,977 |
| Accounts receivable, net | $1,992,851 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $25,290 |
| Prepaid expenses and deferred charges | $334,693 |
| Net Land, buildings, and equipment | $21,239,157 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $30,220,199 |
| Accounts payable and accrued expenses | $481,782 |
| Grants payable | $0 |
| Deferred revenue | $517,233 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $21,114,519 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $462,157 |
| Total liabilities | $22,575,691 |
| Net assets without donor restrictions | $7,644,508 |
| Net assets with donor restrictions | $0 |
| 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 | $30,220,199 |