Overview
What is Letourneau University?
Letourneau University is a private, interdenominational, evangelical Christian institution in Longview, Texas, consistently ranking among the top-tier regional universities in the West by US News and World Report. With a total employee count of over 1,300, the university offers undergraduate programs for traditional students in various fields, including engineering, technology, liberal arts, nursing, business, aeronautical science, education, and the sciences. Additionally, graduate programs in engineering are available. During the 21/22 fiscal year, 231 traditional students graduated. Letourneau University's mission is to engage learners and nurture Christian virtue, develop competency and ingenuity in professional fields, integrate faith and work, and serve the local and global community. The university aims to claim every workplace and every nation as its mission field.
Official website here: www.letu.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Letourneau University has demonstrated exceptional performance in accountability and finance, earning a commendable Four-Star rating from Charity Navigator. This high score reflects the organization's strong commitment to transparency and effective governance, with 95% of its board members being independent and a complete absence of material asset diversion. The university consistently maintains strong financial oversight, as evidenced by its high scores in various governance metrics, contributing to its overall financial integrity.
The university's program expense ratio of 86.44% indicates that a significant portion of its resources are directed towards fulfilling its mission. This commitment to programmatic excellence suggests that contributions are likely to have a positive impact on the community it serves. Additionally, the presence of well-defined policies, such as conflict of interest and whistleblower policies, underscores the institution's dedication to ethical operation.
While the data reflects strong financial and governance practices, it is important for potential donors and stakeholders to consider the broader context of the university's impact and specific program outcomes. Overall, Letourneau University stands out as a responsible and effective nonprofit organization within the educational sector.
This AI summary has been generated from information found on Charity Navigator.
Is Letourneau University legitimate?
Letourneau University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Letourneau 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: $601,897
Professional Fundraising Fees: $109,929
Other Salaries and Wages: $21,778,069
For more financial information, click here
Official website here: www.letu.edu
What is the mission statement of Letourneau University?
Letourneau University is a Christian higher education institution with over 3,000 students, dedicated to engaging learners and nurturing Christian virtue. The university aims to develop competency and ingenuity in professional fields, integrate faith and work, and serve the local and global community. Traditional undergraduate programs span various fields including engineering, technology, the liberal arts, nursing, business, aeronautical science, education, and the sciences. Letourneau University consistently ranks in the top tier among regional universities in the west by US News and World Report. During fiscal year 21/22, 227 traditional undergraduate students and 4 traditional graduate students graduated from the institution.
Official website here: www.letu.edu
Who is the CEO of Letourneau University?
Steven Mason is the Principal Officer of Letourneau University.
Official website here: www.letu.edu
What is the revenue of Letourneau University?
Letourneau University's revenue in 2022 was $77,785,624.
Official website here: www.letu.edu
Who are the executives of Letourneau University and what are their salaries?
The average compensation at Letourneau University during 2022 was $16,967. There are 1319 employees and 250 volunteers at Letourneau University.
Here are 36 key members and their salaries:
- Compensation: $377,383
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- Other: $28,978
- Compensation: $310,798
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- Other: $21,442
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- Other: $18,909
- Compensation: $151,605
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- Other: $17,225
- Compensation: $141,249
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- Other: $16,711
- Compensation: $139,493
- Related: $0
- Other: $16,454
- Compensation: $119,682
- Related: $0
- Other: $11,449
- Compensation: $115,401
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Official website here: www.letu.edu
Where can I find the form 990 for Letourneau University?
Letourneau University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.letu.edu
Learn more at the official website: www.letu.edu
Mission Statement of Letourneau University
Letourneau University, a private, interdenominational, evangelical Christian institution, is committed to every workplace and every nation as its mission field. The university's mission is to foster Christian virtue among its educators, enabling students to develop competency and ingenuity in their respective professional fields. Letourneau University goes beyond academics by integrating faith and work, and serves the local and global community.
Letourneau University is a comprehensive institution of Christian higher education, renowned for its undergraduate programs that consistently rank among the top tier regional universities in the West by US News and World Report. The university offers a variety of undergraduate programs for traditional students in fields such as engineering, technology, the liberal arts, nursing, business, aeronautical science, education, and the sciences. The institution is home to 227 traditional undergraduate students who graduated during the fiscal year 21/22. In addition to undergraduate programs, Letourneau University also offers traditional graduate programs in engineering, with 4 students graduating during the same fiscal year.
The mission of Letourneau University extends beyond the classroom. Its educators engage learners, nurturing Christian values and preparing them for successful careers. The integration of faith and work empowers students to make a positive impact on their communities and the world. Letourneau University's commitment to service is reflected in its dedication to providing a well-rounded education that goes beyond academic achievements.
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Impact
October, 2024
Letourneau University significantly influences both its students and the wider community through a commitment to holistic education grounded in Christian values. With over 3,000 students, LETU prepares individuals for impactful careers across various fields, including engineering, nursing, business, and the liberal arts, emphasizing the integration of faith and work.
Consistently recognized by U.S. News and World Report among the top regional universities in the West, LETU fosters an environment where students can develop both competency and ingenuity. This focus on nurturing Christian virtues equips graduates not only with professional skills but also with a strong moral foundation, empowering them to positively contribute to society and serve their local and global communities.
In the fiscal year 21/22, LETU celebrated the graduation of 227 traditional undergraduate students and 4 graduate students, reflecting its dedication to nurturing the next generation of leaders. The university’s mission extends beyond academics; it actively engages with communities, encouraging students to view every workplace and nation as a mission field, thereby amplifying its impact through service and outreach.
This information is meant to be a general summary of Letourneau 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: $249,188
- Program Service Revenue: $63,899,618
- Gross Receipts: $99,102,201
Assets and Liabilities:
- Total Assets: $126,085,853
- Total Liabilities: $14,622,532
- Net Assets: $111,463,321
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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
$54,141,791
AUXILIARY
Revenue
$9,214,350
MISCELLANEOUS
Revenue
$543,477
Organization Details
Founding Year
1946
Phone
(903) 233-4110Principal Officer
Steven Mason
Main Address
PO Box 7001, Longview, TX, 756077001
Website
www.letu.eduNTEE Category
Code: B430 - Education
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