Overview
What is Iowa Wesleyan University?
Iowa Wesleyan University is a nonprofit, baccalaureate institution located at 601 N Main Street, MT Pleasant, IA, 52641. With a staff of 430 employees, the university aims to provide the highest possible quality education at the lowest possible cost. Accredited by the Higher Learning Commission, Iowa Wesleyan University enrolled 835 students in the fall semester of 2021 and 761 students in the spring semester of 2022. As a transformative learning community, their mission is to educate, empower, and inspire students to lead meaningful lives and successful careers. Their activities focus on providing a nurturing and supportive environment for students to grow both academically and personally.
Official website here: www.iw.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Iowa Wesleyan University received a Two-Star out of Four Star rating from Charity Navigator with an overall score of 66%. The organization shows strong accountability and finance practices, particularly with a fully independent board and robust policies in place for conflict of interest and whistleblower protections. However, significant weaknesses were noted in their financial transparency, specifically with financial statements and the posting of tax forms on their website.
Despite the strengths in governance, the lack of detailed financial information raises concerns about the organization's financial health. The liabilities to assets ratio scored poorly, indicating potential risks in managing resources effectively. Additionally, the absence of publicly available financial statements hampers the ability of stakeholders to assess the university's fiscal responsibility.
Overall, while Iowa Wesleyan University has put in place some commendable governance practices, the critical issues surrounding financial reporting and transparency present challenges that need addressing. This duality highlights the importance of both operational integrity and financial clarity for the nonprofit's continued success.
This AI summary has been generated from information found on Charity Navigator.
Is Iowa Wesleyan University legitimate?
Iowa Wesleyan University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iowa Wesleyan 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: $486,879
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,376,388
For more financial information, click here
Official website here: www.iw.edu
What is the mission statement of Iowa Wesleyan University?
Iowa Wesleyan University is a community dedicated to transforming lives by educating, empowering, and inspiring students. The university's mission is to provide a high-quality education that enables students to lead meaningful lives and pursue successful careers. With a strong passion for student success, the institution enrolled 835 full and part-time students during the fall semester of 2021 and 761 students in the spring semester of 2022. Accredited as a baccalaureate institution, Iowa Wesleyan University strives to offer an education of the highest quality at the most affordable cost.
Official website here: www.iw.edu
Who is the CEO of Iowa Wesleyan University?
Christine Plunkett is the Chair of Iowa Wesleyan University.
Official website here: www.iw.edu
What is the revenue of Iowa Wesleyan University?
Iowa Wesleyan University's revenue in 2022 was $30,901,854.
Official website here: www.iw.edu
Who are the executives of Iowa Wesleyan University and what are their salaries?
The average compensation at Iowa Wesleyan University during 2022 was $15,961. There are 430 employees and 50 volunteers at Iowa Wesleyan University.
Here are 18 key members and their salaries:
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- Compensation: $155,760
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- Compensation: $134,068
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- Other: $19,580
- Compensation: $108,423
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- Other: $19,519
Official website here: www.iw.edu
Where can I find the form 990 for Iowa Wesleyan University?
Iowa Wesleyan University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iw.edu
Learn more at the official website: www.iw.edu
Mission Statement of Iowa Wesleyan University
Iowa Wesleyan University, a transformative learning community, is dedicated to educating, empowering, and inspiring students to lead meaningful lives and successful careers. This passionate institution is accredited as a baccalaureate institution by the Higher Learning Commission. The university's primary focus is on providing the highest possible quality education at the most affordable cost for its 835 full and part-time students during the fall semester of 2021 and 761 students during the spring semester of 2022. Iowa Wesleyan University's mission goes beyond mere academics; it aims to foster an environment where students can grow, develop, and thrive, both intellectually and personally. The university's commitment to affordability ensures that a quality education is accessible to a diverse student body. Iowa Wesleyan University empowers its students with the skills, knowledge, and confidence needed to make a positive impact on their communities and the world. Through its transformative learning experience, Iowa Wesleyan University sets its students on a path to success, both personally and professionally.
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Impact
October, 2024
Iowa Wesleyan University plays a significant role in its community by fostering a transformational learning environment focused on educating, empowering, and inspiring students. With a commitment to helping individuals lead meaningful lives and careers, the university provides a high-quality education that is accessible and affordable.
Accredited by the Higher Learning Commission as a baccalaureate institution, Iowa Wesleyan University ensures that students benefit from rigorous academic programs. In the Fall semester of 2021, the university enrolled 835 students, demonstrating its capacity to serve both full and part-time learners. This commitment to education not only enriches the lives of students but also has a broader impact on the community in Mt. Pleasant, Iowa.
By equipping graduates with the skills and knowledge necessary for success, Iowa Wesleyan University contributes to the overall development of the workforce, promotes civic engagement, and enhances the local economy. Its focus on leadership, career readiness, and personal growth is instrumental in shaping the future of its students and the community they will serve.
This information is meant to be a general summary of Iowa Wesleyan 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: $41,503
- Program Service Revenue: $26,052,717
- Gross Receipts: $34,495,166
Assets and Liabilities:
- Total Assets: $33,894,397
- Total Liabilities: $29,818,243
- Net Assets: $4,076,154
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$21,049,118
ROOM & BOARD
Revenue
$4,630,644
MISC FEES
Revenue
$207,459
BOOKSTORE
Revenue
$155,927
FINANCE CHARGE
Revenue
$9,569
Organization Details
Founding Year
1842
Phone
(319) 385-6206Principal Officer
Christine Plunkett
Main Address
601 N MAIN STREET, MT PLEASANT, IA, 52641
Website
www.iw.eduNTEE Category
Code: B42 - Education
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