Edgewood College Inc

Organization Overview

Edgewood College Inc is located in Madison, WI. The organization was established in 1946. 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, Edgewood College Inc employed 1,135 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Edgewood College Inc 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, Edgewood College Inc generated $64.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $58.8m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE A QUALITY HIGHER EDUCATION

Describe the Organization's Program Activity:

INSTRUCTION- POST-SECONDARY EDUCATION, WITH PROGRAMS FOR TRADITIONAL UNDERGRADUATES, ACCELERATED PROGRAMS FOR RETURNING ADULTS, GRADUATE PROGRAMS, AND DOCTORAL EDUCATION. FTE ENROLLMENT OF 1820.


AUXILLARY SERVICES- RESIDENCE HALL AND FOOD SERVICE SERVING APPROXIMATELY 463 STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Andrew Manion
President
$238,352
Michael Guns
VP Business & Finance
$165,000
Amber Schultz
VP Enrollment Management
$148,873
Margaret Noreuil
Dean
$138,113
Colleen Gullickson
Faculty
$130,028
Victoria Palmisano
Trustee/faculty
$122,028

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Rippe Keane Marketing
Marketing
$424,348
Michael Best & Friedrich Llp
Legal
$327,760
Ruffalo Noel Levitz
Enrollment Management
$108,150
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$10,580
Related organizations$0
Government grants $3,098,967
All other contributions, gifts, grants, and similar amounts not included above$2,513,697
Noncash contributions included in lines 1a–1f $281,114
Total Revenue from Contributions, Gifts, Grants & Similar$5,623,244
Total Program Service Revenue$53,531,046
Investment income $787,254
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $327,208
Net Gain/Loss on Asset Sales $3,691,048
Net Income from Fundraising Events -$3,442
Net Income from Gaming Activities $3,080
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $64,618,208

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Edgewood College Inc has recieved totaling $10,000.

Awarding OrganizationAmount
Wittwer Family Foundation Inc

Verona, WI

PURPOSE: SCHOLARSHIPS

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$40,906,163
Earnings$12,759,670
Net Contributions$1,082,227
Other Expense$1,459,535
Grants$293,315
Ending Balance$52,995,210

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