Overview
What is Lakeland University?
Lakeland University is a Wisconsin-based nonprofit institution dedicated to educating individuals from diverse backgrounds. Rooted in the values of the United Church of Christ, the university integrates liberal arts and experiential learning to foster critical thinking, effective communication, professional success, and ethical living. With a workforce of 944, Lakeland University offers comprehensive instruction and related activities, covering all costs including grants, ensuring students are prepared for a dynamic world.
Official website here: www.lakeland.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88%, Three-Star out of Four Star rating.
Lakeland University has received a solid 88% rating from Charity Navigator, indicating a commendable level of accountability and financial management. The organization excels particularly in governance, evidenced by its fully independent board and robust policies regarding conflict of interest, whistleblower protections, and document retention. This strong oversight contributes positively to its overall score.
Financially, Lakeland University demonstrates a high program expense ratio of 91.43%, suggesting that a significant portion of its resources is directed toward fulfilling its mission. The organization also has no reported issues of asset diversion, which enhances its credibility and trustworthiness in managing funds responsibly.
On the downside, the liabilities to assets ratio stands at 66.50%, which could be a concern for some stakeholders regarding financial stability. While the university maintains strong policies and oversight, future improvement in reducing liabilities may further bolster its financial standing and overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Lakeland University legitimate?
Lakeland University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeland 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: $1,049,278
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,983,622
For more financial information, click here
Official website here: www.lakeland.edu
What is the mission statement of Lakeland University?
Lakeland University is dedicated to educating individuals from diverse backgrounds. Through its mission, the institution prepares students to think critically, communicate effectively, succeed professionally, and lead ethical, purposeful, and fulfilling lives. Rooted in the values of the United Church of Christ, Lakeland University integrates the liberal arts and experiential learning to foster the holistic development of students. This approach equips them to excel in a complex, multifaceted world.
Official website here: www.lakeland.edu
Who is the CEO of Lakeland University?
Elizabeth Borgen is the Board Member of Lakeland University.
Official website here: www.lakeland.edu
What is the revenue of Lakeland University?
Lakeland University's revenue in 2022 was $52,116,143.
Official website here: www.lakeland.edu
Who are the executives of Lakeland University and what are their salaries?
The average compensation at Lakeland University during 2022 was $16,984. There are 944 employees and 50 volunteers at Lakeland University.
Here are 42 key members and their salaries:
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- Compensation: $106,994
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- Other: $6,729
Official website here: www.lakeland.edu
Where can I find the form 990 for Lakeland University?
Lakeland University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakeland.edu
Learn more at the official website: www.lakeland.edu
Mission Statement of Lakeland University
Lakeland University, a renowned educational institution, is dedicated to shaping individuals from diverse backgrounds. Its mission is multifaceted, aimed at preparing students to think critically, communicate effectively, and succeed professionally. Rooted in the values of the United Church of Christ, Lakeland University integrates the liberal arts and experiential learning to foster the holistic development of each student.
The university's mission transcends academics. It endeavors to cultivate ethical, purposeful, and fulfilling lives. By combining the liberal arts with hands-on learning experiences, Lakeland University nurtures well-rounded individuals, equipped to navigate the complexities of the modern world. The university's commitment to its students goes beyond the classroom, providing them with the necessary skills to lead meaningful lives.
Lakeland University's approach to education is rooted in the belief that every student has the potential to make a difference. By fostering critical thinking and effective communication, Lakeland University empowers its students to engage with the world around them, making an impact in their communities and beyond. The university's mission is not just about individual success, but also about contributing to society as a whole. This commitment to personal and collective growth sets Lakeland University apart from other educational institutions.
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Impact
October, 2024
Lakeland University plays a significant role in educating individuals from diverse backgrounds, fostering critical thinking, effective communication, and professional success. Located in Plymouth, Wisconsin, its mission centers on preparing students to lead ethical and purposeful lives. By integrating the liberal arts with experiential learning, Lakeland focuses on developing the whole person, equipping graduates to thrive in a complex and ever-changing world. The university's commitment to inclusivity enriches its educational environment, encouraging a diverse student body to engage and collaborate, ultimately preparing them for leadership roles in their communities and careers.
This information is meant to be a general summary of Lakeland 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,115,092
- Program Service Revenue: $40,202,607
- Gross Receipts: $63,131,079
Assets and Liabilities:
- Total Assets: $74,437,461
- Total Liabilities: $42,947,555
- Net Assets: $31,489,906
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION, TUITION, AND FEES
Revenue
$35,945,145
AUXILIARY SERVICES
Revenue
$2,829,308
INSTRUCTION ACTIVITIES
Revenue
$654,348
OTHER PROGRAM REVENUE
Revenue
$594,872
LAUNCH
Revenue
$165,499
Organization Details
Founding Year
1862
Phone
(920) 565-1000Principal Officer
Elizabeth Borgen
Main Address
W3718 SOUTH DR, PLYMOUTH, WI, 53073
Website
www.lakeland.eduNTEE Category
Code: B420 - Education
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