The Lutheran University Association Inc
94% goes to programs $13 to raise $100 Strong reserves Declining revenue
The Lutheran University Association Inc is a 501(c)(3) organization based in Valparaiso, Indiana, registered in 1943, with $167,303,144 in FY2023 revenue. CharityIndex grades it B+, and it directs about 94% of spending to programs.
1700 Chapel Drive - Finance Office, Valparaiso, IN, 46383 EIN 35-0868125 Since 1943
Revenue (FY2023)
$167.3M
▲ 1.1% vs prior year
Education median: $200K
Expenses (FY2023)
$194.8M
Net assets
$435.4M
Employees
2,159
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →AProgram efficiency40% of the rating94% to programs · $13 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For The Lutheran University Association Inc: 94% to programs · $13 to raise $100 earns a A on this criterion. See the exact thresholds →
C+Financial health25% of the rating27 mo reserves · -16% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Lutheran University Association Inc: 27 mo reserves · -16% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For The Lutheran University Association Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Lutheran University Association Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
A community of learning dedicated to excellence & grounded in the lutheran tradition of scholarship, faith, & freedom, preparing students to lead & serve in the church & society.
What they do
Valparaiso university provides additional services to students including housing and division i athletics opportunities. also, the university supports theatre, music and visual arts programs beneficial to students as well as the general public.
Graduate programs - valparaiso university's graduate office offers more than 25 graduate and certificate programs that are fully integrated into the colleges of arts and sciences, business, and nursing and health professions. with rolling admissions, multiple start terms per year, and flexible course delivery options, graduate programs meet the needs of today's adult learners. with a majority of offerings at the professional master's level (plus doctorates of nursing practice and occupational therapy), graduate programs emphasize academic rigor, practical application for market ready skills, and career and professional development. in fall 2024, 456 students were enrolled in graduate studies with 16 international students and 54 students who did not self-identify as white . comprehensive academic support provides a full-service complement to the cultural, emotional, and intellectual development of valparaiso university graduate students.
Contact & location
- Address
- 1700 Chapel Drive - Finance Office, Valparaiso, IN, 46383
- City
- Valparaiso
- State
- Indiana
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $177.4M (FY2013) to $167.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $167.4MNet assets $435.4M
Operating margin
-16.4%
Spent more than it raised in the latest fiscal year.
Total assets
$602.9M
Total liabilities
$167.4M
Net assets
$435.4M
Salaries & benefits
$63.1M
32% of expenses
Board members
29
27 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $167,303,144▲1.1% | $194,804,715▲3.0% | $435,410,997▼3.2% | $602,858,223▼1.6% | 990 |
| 2022 | $165,456,496▼15.0% | $189,108,097▼8.3% | $449,638,152▼3.7% | $612,467,905▼4.8% | 990 |
| 2021 | $194,686,967▼1.6% | $206,305,516▲9.0% | $466,887,163▼7.9% | $643,359,261▼4.6% | 990 |
| 2020 | $197,856,544▲2.7% | $189,300,150▼7.6% | $506,881,414▲23.9% | $674,383,035▲16.7% | 990 |
| 2019 | $192,641,554▲0.6% | $204,953,827▼5.7% | $409,043,761▼3.4% | $578,078,702▼1.2% | 990 |
| 2018 | $191,580,438▼3.8% | $217,269,217▲5.8% | $423,364,417▼1.4% | $585,354,605▼1.4% | 990 |
| 2017 | $199,153,602▼4.7% | $205,381,421▲2.1% | $429,330,229▲0.2% | $593,756,639▲2.4% | 990 |
| 2016 | $208,955,502▲6.3% | $201,236,046▲0.6% | $428,267,241▲4.4% | $579,905,603▲2.1% | 990 |
| 2015 | $196,555,879▲7.4% | $199,959,445▲4.2% | $410,255,967▼2.8% | $568,056,514▲0.1% | 990 |
| 2014 | $182,986,425▲3.2% | $191,892,812▲5.6% | $422,073,864▼1.1% | $567,502,530▲3.1% | 990 |
| 2013 | $177,374,231 | $181,796,257▲9.3% | $426,960,883▲6.7% | $550,331,211▲9.8% | 990 |
| 2012 | — | $166,355,879▲4.7% | $399,976,968▼1.6% | $501,058,928▼2.1% | 990 |
| 2011 | — | $158,959,938▲6.0% | $406,384,212▼0.1% | $511,991,413▼0.3% | 990 |
| 2010 | — | $150,026,838▲6.8% | $406,698,171▲8.6% | $513,638,644▲4.5% | 990 |
| 2009 | — | $140,409,989 | $374,630,578 | $491,649,600 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Matt Lottich — $853,251 (0.44% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Matt Lottich | Head Coach Men's Basketball (left 06/20) | 60 | $853,251 |
| Jose Padilla | President | 60 | $467,515 |
| Roger Powell | Head Coach Men's Basketball (start 04/06) | 40 | $425,785 |
| Eric Johnson | Provost and Executive Vp | 60 | $288,472 |
| Mark Volpatti | Sr Vp of Finance | 60 | $251,526 |
| Darron Farha | Vp & General Counsel | 60 | $250,486 |
| Jill Schur | Vp For Enrollment and Marketing (start 02/04) | 60 | $242,081 |
| Charles Small | Director of Athletics | 60 | $234,672 |
| Niclas Erhardt | Dean of the College of Business | 40 | $213,334 |
| Marie Foster-bruns | Vp For Advancement (start 03/13) | 60 | $210,514 |
| Karen Allen | Dean of the College of Nursing | 40 | $199,899 |
| Steven Janowiak | Vp Student Life | 60 | $157,631 |
| Lisa Hollander | Vp For Advancement (left 06/30) | 60 | $137,522 |
| Andrew Nunemaker | Director | 2 | — |
| Bruce Laning | Director | 6 | — |
| Carolyn Schlie Femovich | Director | 1 | — |
| Christopher Good | Director | 2 | — |
| Christopher R Petrini-poli | Director | 3 | — |
| Colette Irwin-knott | Director | 5 | — |
| Craig Dwight | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Eat'n Park Hospitality Group Inc | Food Services | $5,523,494 |
| University Promenade LLC | Housing Management | $856,249 |
| 3 Enrollment Marketing | Marketing | $610,885 |
| Mohammed Alaskar Company | Student Recruitment | $494,576 |
| Larson Danielson Construction | Construction | $367,752 |
Grants received · $10.3M total
128 grants to The Lutheran University Association Inc totaling $10.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Grants made · $47K in FY2023
2 grants totaling $47K in FY2023. All grants made by The Lutheran University Association Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| California State University Long Beach Research Foundation | General support | $34,669 |
| Lipscomb University | General support | $12,500 |
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Frequently asked questions
- Is The Lutheran University Association Inc a legitimate nonprofit?
- Yes. The Lutheran University Association Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-0868125, based in Valparaiso, Indiana. Donations are tax-deductible.
- What is The Lutheran University Association Inc's EIN?
- The Lutheran University Association Inc's Employer Identification Number (EIN) is 35-0868125.
- How much revenue does The Lutheran University Association Inc report?
- The Lutheran University Association Inc reported $167,303,144 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of The Lutheran University Association Inc's spending goes to programs?
- The Lutheran University Association Inc spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Lutheran University Association Inc have?
- CharityIndex grades The Lutheran University Association Inc B+, based on program efficiency and fundraising cost.
- How much does The Lutheran University Association Inc's highest-paid employee make?
- The highest reported compensation on The Lutheran University Association Inc's latest Form 990 is $853,251, paid to Matt Lottich (Head Coach Men's Basketball (left 06/20)).
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Data for The Lutheran University Association Inc (EIN 35-0868125) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.