Pacific Lutheran University Inc, operating under the name Na, is located in Tacoma, WA. The organization was established in 2010. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 05/2023, Na employed 2,160 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Na 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, Na generated $158.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $161.9m during the year ending 05/2023. While expenses have increased by 0.6% 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
PLU PURPOSEFULLY INTEGRATES THE LIBERAL ARTS, PROFESSIONAL STUDIES AND CIVIC ENGAGEMENT THROUGH DISTINCTIVE INTERNATIONAL PROGRAMS AND FACULY MENTORED RESEARCH OPPORTUNITIES.
Describe the Organization's Program Activity:
ACADEMIC INSTRUCTION: PLU OFFERS 40 MAJORS AND 60 MINORS, AS WELL AS GRADUATE AND PROFESSIONAL PROGRAMS IN BUSINESS (MARKETING ANALYTIC AND BUSINESS ADMINISTRATION), CREATIVE WRITING, EDUCATION, MARRIAGE AND FAMILY THERAPY, KINESIOLOGY, AND NURSING. THE UNIVERSITY HELPS MORE THAN 2,737 STUDENTS FROM ALL FAITHS AND BACKGROUNDS DISCERN THEIR VOCATIONS THROUGH COURSEWORK, MENTORSHIP AND INTERNSHIPS AT WORLD-CLASS PUGET SOUND-AREA BUSINESSES AND INSTITUTIONS. PLU SEEKS STUDENTS FROM EVERY POSSIBLE BACKGROUND, ALL RELIGIONS, ALL RACES, ALL SOCIOECONOMIC GROUPS, ALL SEXUAL ORIENTATIONS, ALL AGES, FROM ALL OVER THE WORLD. FOR THE 2023-24 ACADEMIC YEAR, 54 PERCENT OF INCOMING FIRST-YEAR STUDENTS ARE FIRST GENERATION, COMING FROM FAMILIES WHERE NEITHER NATURAL NOR ADOPTIVE PARENTS RECEIVED A BACCALAUREATE DEGREE; 54 PERCENT SELF-IDENTIFY AS STUDENTS OF COLOR; AND 40 PERCENT ARE PELL GRANT-ELIGIBLE. THE FIRST AMERICAN UNIVERSITY TO HAVE STUDY AWAY CLASSES ON ALL SEVEN CONTINENTS SIMULTANEOUSLY, PLU ALSO IS THE FIRST PRIVATE UNIVERSITY ON THE WEST COAST TO RECEIVE THE PRESTIGIOUS SENATOR PAUL SIMON AWARD FOR CAMPUS INTERNATIONALIZATION. PLU HOSTS AN EMMY AWARD-WINNING MEDIALAB; A MACARTHUR AWARD-WINNING DETACHMENT OF ARMY ROTC; AND MORE THAN 80 CLUBS AND ACTIVITIES, INCLUDING 18 VARSITY ATHLETIC TEAMS IN THE NORTHWEST CONFERENCE OF NCAA DIVISION III. THE UNIVERSITY CONSISTENTLY RANKS AMONG THE TOP 20 IN U.S. NEWS AND WORLD REPORT'S BEST UNIVERSITIES IN THE WEST. USNWR RECENTLY NAMED PLU AS THE THIRD BEST VALUE SCHOOL IN THE WEST REGION, AS WELL AS THE FIFTH BEST COLLEGE FOR VETERANS. THE UNIVERSITY HAS PRODUCED MORE THAN 108 FULBRIGHT SCHOLARS SINCE 1975.
1) OPERATIONS AND MAINTENANCE OF PLANT INCLUDING DEPRECIATION, INTEREST EXPENSE AND AMORTIZATION. 2) PUBLIC SERVICE.
ACADEMIC SUPPORT AND STUDENT SERVICES: AT PLU, STUDENTS ARE OFFERED MANY SUPPORT SERVICES, INCLUDING ACADEMIC ASSISTANCE AND ADVISING, ACCOMMODATIONS AND ACCESSIBILITY SERVICES, CAREER CONNECTIONS AND CAMPUS MINISTRY. HIGHLIGHTS OF 2022-23 INCLUDED THE STRENGTHENING OF THE CENTER FOR STUDENT SUCCESS, A MISSION-ALIGNED, STUDENT-CENTERED REIMAGINING OF ACADEMIC SUPPORT THAT TAKES A HOLISTIC VIEW OF STUDENT SUCCESS. THE CENTER IS THE HUB OF THAT DIRECTS STUDENTS TO APPROPRIATE UNITS ON CAMPUS FOR HELP WITH ACADEMIC AND PERSONAL SUPPORT AND RESOURCES. SUPPORT SERVICES INCLUDE: ACADEMIC ADVISING & DEGREE PLANNING, TUTORING & ASSIGNMENT HELP, CAREER PLANNING, FINANCIAL SERVICES, PERSONAL HEALTH & WELLNESS, RESOURCES BY AFFINITY GROUP (COMMUTER STUDENTS, TRANSFER STUDENTS, INTERNATIONAL STUDENTS, FIRST IN THE FAMILY [FIF] STUDENTS, LGBTQ-IDENTIFIED STUDENTS, STUDENTS OF COLOR, AND UNDOCUMENTED STUDENTS. STUDENTS.) IN ADDITION, MILITARY STUDENT OUTREACH HAS NOW BEEN ADDED TO THE OUTREACH OFFICES TO CONNECT VETERANS TO PEERS, PROFESSIONAL DEVELOPMENT AND OTHER RESOURCES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
L Allan Belton President | OfficerTrustee | 40 | $563,538 |
Joanna Gregson Provost | Officer | 40 | $217,785 |
Barbara Habermann Dean, School Of Nursing | 40 | $215,859 | |
Joanna Royce-Davis Vp, Student Life | Officer | 40 | $199,715 |
Daniel Lee Vp, University Relations | 40 | $192,925 | |
Theresa Phillips Chief Operating Officer | Officer | 40 | $168,800 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Sysco Food Services Of Seattle Food Service | 5/30/23 | $513,620 |
Us Foods Food Service | 5/30/23 | $496,425 |
Ruffalo Noel Levitz Llc Mgmt. Consulting | 5/30/23 | $350,581 |
Ricoh Usa Inc System Integration | 5/30/23 | $303,471 |
Mcgranahan Architects Ps Architecture | 5/30/23 | $409,222 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $471,500 |
Government grants | $4,292,547 |
All other contributions, gifts, grants, and similar amounts not included above | $9,989,337 |
Noncash contributions included in lines 1a–1f | $117,154 |
Total Revenue from Contributions, Gifts, Grants & Similar | $14,753,384 |
Total Program Service Revenue | $138,324,636 |
Investment income | $3,189,531 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$615,457 |
Net Gain/Loss on Asset Sales | $2,991,271 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $158,643,365 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $68,186,198 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,483,012 |
Compensation of current officers, directors, key employees. | $185,915 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $43,615,242 |
Pension plan accruals and contributions | $3,456,265 |
Other employee benefits | $6,419,464 |
Payroll taxes | $3,382,708 |
Fees for services: Management | $0 |
Fees for services: Legal | $224,042 |
Fees for services: Accounting | $84,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $172,906 |
Fees for services: Other | $4,631,091 |
Advertising and promotion | $756,154 |
Office expenses | $6,421,285 |
Information technology | $2,601,991 |
Royalties | $0 |
Occupancy | $2,536,227 |
Travel | $3,711,430 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,077,803 |
Interest | $1,615,887 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,766,076 |
Insurance | $1,533,597 |
All other expenses | $2,887,055 |
Total functional expenses | $161,925,234 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $19,500 |
Savings and temporary cash investments | $3,837,582 |
Pledges and grants receivable | $1,211,912 |
Accounts receivable, net | $2,226,640 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $2,640,683 |
Inventories for sale or use | $489,598 |
Prepaid expenses and deferred charges | $918,469 |
Net Land, buildings, and equipment | $133,513,948 |
Investments—publicly traded securities | $80,601,686 |
Investments—other securities | $43,559,518 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,386,499 |
Total assets | $273,406,035 |
Accounts payable and accrued expenses | $14,310,384 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $49,973,430 |
Escrow or custodial account liability | $854,122 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $8,451,995 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $15,714,772 |
Total liabilities | $89,304,703 |
Net assets without donor restrictions | $65,095,000 |
Net assets with donor restrictions | $119,006,332 |
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 | $273,406,035 |