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Davenport University

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

EIN: 381945965 ✦ Grand rapids, MI ✦ Designated as a 501(c)(3)

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Overview

What is Davenport University?

Davenport University is a Michigan-based educational institution, located in Grand Rapids, with a presence across the state. Approximately 5,500 students attend the university, pursuing undergraduate and graduate programs in business, health, and technology. Davenport University prepares individuals for successful careers by offering quality, career-oriented academic programs. With a mission to help individuals and organizations excel in the knowledge-driven environment of the 21st century, the university boasts a team of 1,481 employees dedicated to its cause.


Official website here: www.davenport.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Davenport University has received a commendable Four-Star rating from Charity Navigator, highlighting its strong accountability and financial management. The organization boasts a robust independent board with 91% of its members being independent, and it has demonstrated a solid commitment to transparency with all key policies adequately documented. The program expense ratio of 83.24% indicates that a significant majority of its funds are directed towards programs rather than administrative costs.

User feedback reflects a positive experience for students, with testimonials emphasizing the impactful support received through scholarships and accessible accelerated programs. One client shared a personal success story, crediting the university for providing the opportunity to complete a Bachelor's degree while balancing work and family responsibilities. Such experiences underline the institution's role in facilitating educational advancement and student success.

While the user reviews are overwhelmingly positive, there may be limited feedback regarding specific areas of improvement or challenges faced by current students. Overall, Davenport University appears to be a well-managed nonprofit that effectively supports its student population and maintains high standards in financial accountability.


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

Is Davenport University legitimate?

Davenport University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Davenport University 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: $2,976,789
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,584,623

For more financial information, click here


Official website here: www.davenport.edu

What is the mission statement of Davenport University?

Davenport University is dedicated to equipping individuals with the knowledge and skills needed to thrive in the knowledge-driven world of the 21st century. With a focus on business, health, and technology, the university offers high-quality, career-oriented academic programs across multiple campuses in Michigan. These programs cater to approximately 5,500 students at the undergraduate and graduate levels. Davenport University's unwavering commitment is to empower both students and organizations to reach their full potential.


Official website here: www.davenport.edu

Who is the CEO of Davenport University?

Richard J Pappas is the Principal Officer of Davenport University.


Official website here: www.davenport.edu

What is the revenue of Davenport University?

Davenport University's revenue in 2022 was $130,003,886.


Official website here: www.davenport.edu

Who are the executives of Davenport University and what are their salaries?

The average compensation at Davenport University during 2022 was $25,362. There are 1481 employees and 13 volunteers at Davenport University.


Here are 23 key members and their salaries:


Richard Pappas (President)
  • Compensation: $635,231
  • Related: $0
  • Other: $402,202
Kenneth Yerrick (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Cunningham (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rami Fawaz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Graham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Hahn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doyle Hayes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hetzler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Klingenberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilbur Lettinga (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Stiers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Tuuk-Kuras (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Vandyke (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Wheeler (Trestee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Volk (Treas/Sec/Evp For Finance & Cfo - Part Year)
  • Compensation: $473,755
  • Related: $0
  • Other: $107,104
David Veneklase (Interim Treas/Sec/Evp Finance & Cfo)
  • Compensation: $409,978
  • Related: $0
  • Other: $118,060
Walter O'Neill (Evp Enrollment & Student Services)
  • Compensation: $372,936
  • Related: $0
  • Other: $126,857
Gilda Gely (Evp For Academics & Provost)
  • Compensation: $311,822
  • Related: $0
  • Other: $76,672
Scott Epstein (Evp For Quality & Effectiveness)
  • Compensation: $388,036
  • Related: $0
  • Other: $124,500
Rachel Render (Evp For Advancement)
  • Compensation: $285,698
  • Related: $0
  • Other: $87,217
Debra Cooper (Evp For Marketing & Communications)
  • Compensation: $268,609
  • Related: $0
  • Other: $80,956
Brian Miller (Dean-Global Campus/Academic Systems)
  • Compensation: $180,182
  • Related: $0
  • Other: $37,480
Lisa Howze (Vp Det. Region & Strategic Partner)
  • Compensation: $207,164
  • Related: $0
  • Other: $7,442


Official website here: www.davenport.edu

Where can I find the form 990 for Davenport University?

Davenport University's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.davenport.edu

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

Mission Statement of Davenport University

Davenport University, a post-secondary educational institution, is dedicated to preparing individuals for successful careers in business, health, and technology. With a commitment to quality and career-oriented academic programs, the university prepares its students for excellence in the knowledge-driven environment of the 21st century.

The mission of Davenport University extends beyond imparting knowledge to its students. It aims to equip them with the necessary skills and competencies to excel in their chosen fields. Davenport University serves approximately 5,500 students across different locations in Michigan, offering over 3,000 courses at the undergraduate and graduate levels. Through its rigorous academic programs in business, health, and technology, the university is committed to contributing to the development of a skilled workforce that can drive progress in various industries.

In a world that is increasingly reliant on technology and knowledge, Davenport University is dedicated to preparing its students for success. Its educational programs are designed to meet the evolving demands of the job market, ensuring that its graduates are well-equipped to face the challenges of the workforce. By providing a solid foundation in their chosen fields, Davenport University is helping to shape the next generation of leaders and innovators.

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Impact




October, 2024

Davenport University plays a significant role in shaping the future workforce by preparing approximately 5,500 students for successful careers in business, health, and technology. With a strong emphasis on quality, career-oriented academic programs, Davenport offers over 3,000 courses at both undergraduate and graduate levels across its main campus in Grand Rapids and various locations throughout Michigan.

The university's mission focuses on equipping individuals and organizations to thrive in the knowledge-driven environment of the 21st century. By providing comprehensive education tailored to modern industry needs, Davenport not only fosters personal and professional growth among its students but also contributes to the economic development and workforce readiness of the communities it serves. Through its commitment to excellence in education, Davenport University has a lasting impact on students' lives and the broader society.




This information is meant to be a general summary of Davenport University. 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
$130,003,886 (2022)
Expenses
$129,091,637 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,456,033
  • Program Service Revenue: $101,718,886
  • Gross Receipts: $139,366,113

Assets and Liabilities:

  • Total Assets: $149,447,617
  • Total Liabilities: $59,204,692
  • Net Assets: $90,242,925

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Programs

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

TUITION/STUDENT FEES

Revenue

$100,454,905

NON-CREDIT COURSE FEES

Revenue

$1,263,981

Organization Details

Founding Year

1970

Principal Officer

Richard J Pappas

Main Address

6191 KRAFT AVE SE, GRAND RAPIDS, MI, 49512

NTEE Category

Code: B420 - Education

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