Overview
What is Our Lady Of The Lake University Of San Antonio?
Our Lady of the Lake University of San Antonio is a private, Catholic, coeducational institution with over 2,500 students. Founded in 1895 by the Congregation of Divine Providence, who continue to sponsor the university, it is located in San Antonio, Texas, with a campus address at 411 SW 24th Street. The university offers various undergraduate, graduate, and doctoral programs, including 50 majors and minors, 19 master's programs, and 4 doctoral programs. Daytime, evening, weekend, and online programs are available at its main campus in San Antonio, as well as undergraduate, graduate, and weekend colleges for working adults in Houston and Laferia, Texas. The university is accredited by the Commission on Colleges of the Southern Association of Colleges and Schools to award bachelor's, master's, and doctoral degrees. As a Catholic university sponsored by the Sisters of Divine Providence, Our Lady of the Lake University is dedicated to serving students by providing a supportive community and a range of academic programs.
Official website here: www.ollusa.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Our Lady Of The Lake University of San Antonio has achieved an impressive four-star rating from Charity Navigator, indicating a high level of financial health and accountability. With a score of 96% for Accountability & Finance, the organization demonstrates strong practices in governance, including a fully independent board and robust financial oversight mechanisms. The absence of material diversion of assets and comprehensive policies for conflict of interest and whistleblowing enhance the organization's trustworthiness among stakeholders.
The university's financial management is further exemplified by a program expense ratio of 87.08%, indicating that a significant portion of its resources is directed towards its mission-driven programs. Additionally, the low liabilities to assets ratio of 31.60% suggests a stable financial position, allowing for sustainable operations and growth. The clear availability of board meeting minutes and policies on document retention reflect transparency and commitment to best practices.
Despite the positive assessment, continual monitoring of financial practices and program effectiveness will be essential to maintain stakeholder confidence and support. Overall, Our Lady Of The Lake University demonstrates exceptional accountability and a strong focus on serving its community and students effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Our Lady Of The Lake University Of San Antonio legitimate?
Our Lady Of The Lake University Of San Antonio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Lady Of The Lake University Of San Antonio 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: $875,743
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,196,036
For more financial information, click here
Official website here: www.ollusa.edu
What is the mission statement of Our Lady Of The Lake University Of San Antonio?
Our Lady of the Lake University, sponsored by the Sisters of Divine Providence, is a Catholic community dedicated to serving students. As a private institution, it offers undergraduate, graduate, and doctoral programs in various fields, with a strong commitment to education. The university consists of a diverse student population of over 2,500 and is accredited to award bachelor's, master's, and doctoral degrees. Members of this community are dedicated to providing education to students, with programs available both on campus and for working adults in various locations. The university's mission is to provide quality education, upholding the values of the Catholic faith, and fostering an inclusive learning environment.
Official website here: www.ollusa.edu
Who is the CEO of Our Lady Of The Lake University Of San Antonio?
Diane E Melby is the President of Our Lady Of The Lake University Of San Antonio.
Official website here: www.ollusa.edu
What is the revenue of Our Lady Of The Lake University Of San Antonio?
Our Lady Of The Lake University Of San Antonio's revenue in 2022 was $86,696,268.
Official website here: www.ollusa.edu
Who are the executives of Our Lady Of The Lake University Of San Antonio and what are their salaries?
The average compensation at Our Lady Of The Lake University Of San Antonio during 2022 was $23,129. There are 1084 employees and 30 volunteers at Our Lady Of The Lake University Of San Antonio.
Here are 37 key members and their salaries:
- Compensation: $369,774
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- Other: $21,721
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- Compensation: $161,486
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- Compensation: $164,802
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- Other: $21,113
- Compensation: $135,948
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- Other: $27,116
- Compensation: $128,949
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- Other: $22,855
- Compensation: $139,944
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- Other: $9,777
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Official website here: www.ollusa.edu
Where can I find the form 990 for Our Lady Of The Lake University Of San Antonio?
Our Lady Of The Lake University Of San Antonio's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ollusa.edu
Learn more at the official website: www.ollusa.edu
Mission Statement of Our Lady Of The Lake University Of San Antonio
Our Lady of the Lake University of San Antonio, a Catholic institution sponsored by the Sisters of Divine Providence, is dedicated to serving students. As a community, the university members are committed to providing education to over 2,500 students, offering 50 undergraduate majors and minors, 19 master's programs, and 4 doctoral programs. The university's commitment to accessibility extends beyond its main campus in San Antonio, with undergraduate, graduate, and weekend colleges for working adults in Houston and LaFeria, Texas.
Our Lady of the Lake University is accredited by the Commission on Colleges of the Southern Association of Colleges and Schools to award bachelor's, master's, and doctoral degrees. The university's mission goes beyond academics, fostering an environment where students can grow and develop. Founded in 1895, Our Lady of the Lake University continues to uphold its rich heritage, rooted in the Catholic tradition of the Sisters of Divine Providence. The university's commitment to education is evident in its dedication to offering daytime, evening, and weekend programs, ensuring accessibility for a diverse student body.
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Impact
October, 2024
Our Lady of the Lake University of San Antonio significantly contributes to the educational landscape and community as a private Catholic institution. Established in 1895, the university has a rich history and a commitment to academic excellence, serving over 2,500 students across various programs. Offering 50 undergraduate majors and minors, along with 19 master's programs and 4 doctoral degrees, the university caters to a diverse student population, including working adults through its undergraduate, graduate, and weekend colleges located in Houston and La Feria, Texas.
As a community rooted in the principles of the Sisters of Divine Providence, the university focuses not just on academic achievement but also on holistic student development and service. This commitment shapes the university's mission and creates an inclusive environment that prioritizes student success and community engagement. The university's accreditation by the Commission on Colleges of the Southern Association of Colleges and Schools further underscores its dedication to maintaining high educational standards.
Through its efforts, Our Lady of the Lake University plays a vital role in advancing higher education and providing opportunities for personal and professional growth, which ultimately helps to strengthen the local community in San Antonio and beyond.
This information is meant to be a general summary of Our Lady Of The Lake University Of San Antonio. 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: $7,227,383
- Program Service Revenue: $57,194,300
- Gross Receipts: $94,972,156
Assets and Liabilities:
- Total Assets: $113,799,546
- Total Liabilities: $29,973,073
- Net Assets: $83,826,473
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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
$54,665,895
AUXILIARY INCOME
Revenue
$2,528,405
Organization Details
Founding Year
1957
Phone
(210) 434-6711Principal Officer
Diane E Melby
Main Address
411 SW 24TH STREET, SAN ANTONIO, TX, 78207
Website
www.ollusa.eduNTEE Category
Code: B43 - Education
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