University Of La Verne

Organization Overview

University Of La Verne is located in La Verne, CA. The organization was established in 1934. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, University Of LA Verne employed 2,143 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of LA Verne 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 06/2022, University Of LA Verne generated $221.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $215.0m during the year ending 06/2022. While expenses have increased by 1.6% per year over the past 7 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE OPPORTUNITIES FOR STUDENTS TO ACHIEVE EDUCATIONAL GOALS AND BECOMING CONTRIBUTING CITIZENS TO THE GLOBAL COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE OUNIVERSITY OF LA VERNE OFFERS HIGH QUALITY DEGREE PROGRAMS TO BOTH TRADITIONAL-AGE AND ADULT LEARNERS: PROVIDING LIBERAL ARTS AND PROFESSIONAL PROGRAMS FORM UNDERGRADUATE TO DOCTORAL LEVELS, AND DELIVERING PROGRAMS TO STUDENTS AT THE CENTRAL LA VERNE CAMPUS AS WELL AS REGIONAL CAMPUSES AND SATELLITE CLASS LOCATIONS THROUGHOUT CALIFORNIA. THE UNIVERSITY PROVIDES A STUDENT-CENTERED, VALUES-BASED, AND DIVERSE LEARNING ENVIRONMENT. IT TAKES PRIDE IN OFFERING SMALL CLASS SIZES IN A HIGHLY PERSONALIZED SETTING. THE UNIVERSITY ENCOURAGES EFFECTIVE TEACHING, RESEARCH, SCHOLARLY CONTRIBUTIONS, AND SERVICE TO THE GREATER COMMUNITY BY SHARING ITS ACADEMIC, PROFESSIONAL, AND INDIVIDUAL RESOURCES. UNIVERSITY OF LA VERNE PROVIDES EDUCATIONAL SERVICES TO 7,344 UNDERGRADUATE, GRADUATE, LAW, AND DOCTORAL STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Devorah A Lieberman
President
$1,005,191
Mark Hicks
Trustee/adjunct Faculty
$64,237
Luis Faura
Chairman
$0
Deborah Proctor
Vice Chair
$0
Susan Searing
Secretary
$0
Steven N Reenders
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Professional Development Courses
Correspondent Work
$5,871,281
Facility Services Partners Inc
Facility Maintenance Services
$2,228,082
Bon Appetit
Food Services
$1,854,179
Sodexo Inc & Affiliates
Housekeeping Services
$1,296,420
Converze Media Group Llc
Advertising
$1,037,599
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$578,168
Related organizations$0
Government grants $15,294,514
All other contributions, gifts, grants, and similar amounts not included above$8,362,255
Noncash contributions included in lines 1a–1f $886,450
Total Revenue from Contributions, Gifts, Grants & Similar$24,234,937
Total Program Service Revenue$187,902,359
Investment income $4,245,832
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $156,864
Net Gain/Loss on Asset Sales $4,077,789
Net Income from Fundraising Events -$389,981
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $221,932,913

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