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Eureka College

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 370673484 ✦ Eureka, IL ✦ Designated as a 501(c)(3)

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Overview

What is Eureka College?

Eureka College is a higher education institution situated at 300 E College Ave, Eureka, IL, 61530. With a student-centered approach, Eureka College offers a comprehensive learning experience through its four academic divisions: Arts and Education, Humanities, Science and Mathematics, and Social Science and Business. Students engage in a vibrant community that encourages involvement and interaction via activities such as music, theatre, student government, and athletics. The institution emphasizes the holistic development of its graduates, focusing on intellectual growth, communication skills, aesthetic and cultural awareness, understanding of the natural environment, physical fitness, academic competence, social awareness, personal responsibility, and personal values. In the 2021-2022 academic year, the college welcomed 189 new students, bringing the total enrollment to 476. Eureka College prides itself on a student-faculty ratio of 12:1 and an average GPA of 2.89 on a 4.0 scale. Their mission is to help students serve with passion, lead with purpose, pursue growth opportunities, and learn for life.


Official website here: www.eureka.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating 88% - Three-Star out of Four Star Rating

Eureka College has received an 88% rating from Charity Navigator, which indicates a solid performance in accountability and financial management. The organization demonstrates strong governance practices, including a fully independent board and comprehensive financial oversight, which are essential for building trust with donors and stakeholders.

The college's financial health is reflected in its low liabilities to assets ratio of 23.51%, suggesting effective management of resources. Additionally, its program expense ratio of 66.52% indicates a significant portion of funding is directed towards its programs, aligning with the nonprofit’s mission to provide educational opportunities.

However, there may be room for improvement in its program expense ratio, as it is just slightly below the optimal range. Overall, Eureka College exhibits commendable financial practices and governance structures, contributing positively to its operational effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Eureka College legitimate?

Eureka College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eureka College submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $412,876
Professional Fundraising Fees: $61,326
Other Salaries and Wages: $5,789,177

For more financial information, click here


Official website here: www.eureka.edu

What is the mission statement of Eureka College?

Eureka College focuses on providing a student-centered experience, enabling students to develop essential skills for serving with passion, leading with purpose, and learning for life. The college offers courses in four academic divisions: Arts and Education, Humanities, Science and Mathematics, and Social Science and Business. The Eureka community encourages involvement and interaction through various activities.

The development of the intellect, communication skills, aesthetic and cultural awareness, understanding of the natural environment, physical fitness, and competence in at least one academic or professional field are among the goals of Eureka College's curriculum. In addition, students are encouraged to cultivate greater social awareness, a greater sense of personal responsibility, personal values, and ways to use knowledge in leadership and service.

In the 2021-2022 academic year, Eureka College welcomed 189 new students, bringing the total enrollment to 476. The college maintains a 12:1 student-faculty ratio and reports an average GPA of 2.89 on a 4.0 scale for all students. The true purpose of education at Eureka College is to realize the potential of the whole person, fostering the development of intellectual and personal growth.


Official website here: www.eureka.edu

What is the revenue of Eureka College?

Eureka College's revenue in 2023 was $13,971,007.


Official website here: www.eureka.edu

Who are the executives of Eureka College and what are their salaries?

The average compensation at Eureka College during 2023 was $18,295. There are 339 employees and 75 volunteers at Eureka College.

Here are 24 key members and their salaries:


Jamel Santa Cruz Wright (President)
  • Compensation: $267,656
  • Related: $0
  • Other: $17,980
Beau Underwood (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Williams (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clint Drury (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marylean Abney (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Ball (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Erickson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Fore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lila Gammon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Grgurich (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
K Edward Holderle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Kilbride (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kouri Marshall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lesley Matuszak (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Palmer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Mark Palmer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernest G Potter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Schroeder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Shepherd (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Thompson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Walton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Zimmerman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Maynard (Vp Finance & Facilities/Cfo)
  • Compensation: $133,812
  • Related: $0
  • Other: $16,522
Ann Fulop (Provost)
  • Compensation: $137,468
  • Related: $0
  • Other: $2,848


Official website here: www.eureka.edu

Where can I find the form 990 for Eureka College?

Eureka College's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.eureka.edu

Learn more at the official website: www.eureka.edu

Mission Statement of Eureka College

Eureka College, a higher education institution, is committed to delivering a student-centric experience that fosters essential skills for lifelong learning and service with passion and purpose. At the heart of Eureka College lies a community that encourages involvement and interaction through various activities, such as music, theatre, student government, and athletics.

Students at Eureka College engage in courses spanning four academic divisions: Arts and Education, Humanities, Science and Mathematics, and Social Science and Business. The College's philosophy emphasizes the development of well-rounded individuals who are intellectually equipped, possess effective communication skills, have an appreciation for aesthetics and culture, and are aware of their natural environment. Students also focus on physical fitness, alertness, and vitality. In academic or professional fields, they strive for competence and mastery. Eureka College fosters a greater social awareness and a heightened sense of personal responsibility, while instilling personal values that will enable its graduates to make meaningful contributions to society in roles of leadership and service.

Eureka College reported a new student enrollment of 189 in the 2021-2022 academic year, contributing to a total enrollment of 476 students. With a student-faculty ratio of 12:1 and an average GPA of 2.89 on a 4.0 scale, the College prides itself on providing personalized attention and a supportive academic environment that enables students to fully realize their potential.

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Impact




October, 2024

Eureka College significantly impacts its students and the broader community through its commitment to holistic higher education. By offering courses across four academic divisions—Arts and Education, Humanities, Science and Mathematics, and Social Science and Business—the college fosters a comprehensive learning environment that empowers students to realize their fullest potential.

The college emphasizes the development of essential life skills, including intellectual growth, communication proficiency, aesthetic and cultural awareness, environmental understanding, and physical fitness. This commitment to cultivating a well-rounded individual prepares graduates for leadership roles and instills a strong sense of personal responsibility and social awareness.

Eureka College promotes a vibrant campus community that encourages involvement in extracurricular activities such as music, theatre, student government, and athletics. These opportunities for engagement help students build lasting relationships and enhance their college experience.

With a low student-faculty ratio of 12:1 and an average GPA of 2.89 on a 4.0 scale, Eureka College ensures personalized attention and support for each student. This tailored approach facilitates academic success and encourages the pursuit of lifelong learning, aligning with the college's mission to serve, lead, and grow passionately in every aspect of life.




This information is meant to be a general summary of Eureka College. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$13,971,007 (2023)
Expenses
$16,377,682 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $725,053
  • Program Service Revenue: $10,421,600
  • Gross Receipts: $15,341,323

Assets and Liabilities:

  • Total Assets: $56,922,231
  • Total Liabilities: $13,070,040
  • Net Assets: $43,852,191

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & FEES

Revenue

$6,462,175

ROOM & OTHER SERVICES

Revenue

$3,410,958

CAMPUS BOOKSTORE

Revenue

$341,765

OTHER PROGRAM SERVICE REVENUE

Revenue

$206,702

Organization Details

Founding Year

1855

Principal Officer

Dr Jamel Sc Wright

NTEE Category

Code: B420 - Education

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