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Employer Identification Number 56-0556753

LENOIR-RHYNE UNIVERSITY is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:LENOIR-RHYNE UNIVERSITY
Employer identification number (EIN):56-0556753
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:611000
401k Pension/Benefits registration LENOIR-RHYNE UNIVERSITY 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementLENOIR-RHYNE UNIVERSITY PROVIDES PROGRAMS OF UNDERGRADUATE, GRADUATE, AND CONTINUING STUDY COMMITTED TO THE LIBERAL ARTS AND SCIENCES. THE UNIVERSITY AWARDS BACHELORS AND MASTER DEGREES.
Number of Employees1249
Number of Volunteers150
Year Formed1905

Organization Governance

Legal DomicileNC
Voting Members - Governing Body29
Voting Members - Independent28

Organization Financials

2023-05-31
Total unrelated business incomeUSD $ -35,353
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 78,237,354
Program Service Revenue from current yearUSD $ 77,374,110
Investment Income from prior yearUSD $ 9,142,459
Investment Income from current yearUSD $ 5,020,686
Other Revenue from prior yearUSD $ 78,313
Other Revenue from current yearUSD $ 58,719
Gross receipts from all sourcesUSD $ 118,637,459
Net assets / fund balances at end of fiscal yearUSD $ 213,386,546
Net assets / fund balances at beginning of fiscal yearUSD $ 220,295,108
Total liabilities at end of fiscal yearUSD $ 77,857,640
Total liabilities at beginning of fiscal yearUSD $ 50,425,975
Total assets at end of fiscal yearUSD $ 291,244,186
Total assets at beginning of fiscal yearUSD $ 270,721,083
Revenues less expenses for current yearUSD $ -1,427,975
Revenues less expenses for previous yearUSD $ 24,448,433
Total expenses for current yearUSD $ 100,020,015
Total expenses for previous yearUSD $ 95,782,413
Other expenses in current yearUSD $ 32,956,164
Other expenses in previous yearUSD $ 27,375,913
Total fundraising expenses in current yearUSD $ 2,734,333
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 155,319
Employee salary and benefits paid in current yearUSD $ 28,881,688
Employee salary and benefits paid in previous yearUSD $ 27,951,022
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 38,182,163
Grants and similar amounts paid in previous yearUSD $ 40,300,159
Total revenue in current fiscal yearUSD $ 98,592,040
Total revenue in previous fiscal yearUSD $ 120,230,846
Contributions and grants from current yearUSD $ 16,138,525
Contributions and grants from previous yearUSD $ 32,772,720
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 0
2022-05-31
Total unrelated business incomeUSD $ -3,796
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 84,955,867
Program Service Revenue from current yearUSD $ 78,237,354
Investment Income from prior yearUSD $ 6,636,928
Investment Income from current yearUSD $ 9,142,459
Other Revenue from prior yearUSD $ 40,367
Other Revenue from current yearUSD $ 78,313
Gross receipts from all sourcesUSD $ 141,118,179
Net assets / fund balances at end of fiscal yearUSD $ 220,295,108
Net assets / fund balances at beginning of fiscal yearUSD $ 202,696,371
Total liabilities at end of fiscal yearUSD $ 50,425,975
Total liabilities at beginning of fiscal yearUSD $ 49,054,243
Total assets at end of fiscal yearUSD $ 270,721,083
Total assets at beginning of fiscal yearUSD $ 251,750,614
Revenues less expenses for current yearUSD $ 24,448,433
Revenues less expenses for previous yearUSD $ 5,916,903
Total expenses for current yearUSD $ 95,782,413
Total expenses for previous yearUSD $ 95,486,920
Other expenses in current yearUSD $ 27,375,913
Other expenses in previous yearUSD $ 24,276,861
Total fundraising expenses in current yearUSD $ 3,029,686
Professional fundraising fees from current yearUSD $ 155,319
Professional fundraising fees from previous yearUSD $ 62,799
Employee salary and benefits paid in current yearUSD $ 27,951,022
Employee salary and benefits paid in previous yearUSD $ 28,220,260
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 40,300,159
Grants and similar amounts paid in previous yearUSD $ 42,927,000
Total revenue in current fiscal yearUSD $ 120,230,846
Total revenue in previous fiscal yearUSD $ 101,403,823
Contributions and grants from current yearUSD $ 32,772,720
Contributions and grants from previous yearUSD $ 9,770,661
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 0
2021-05-31
Total unrelated business incomeUSD $ 9,605
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 83,956,187
Program Service Revenue from current yearUSD $ 84,955,867
Investment Income from prior yearUSD $ 4,871,524
Investment Income from current yearUSD $ 6,636,928
Other Revenue from prior yearUSD $ 68,601
Other Revenue from current yearUSD $ 40,367
Gross receipts from all sourcesUSD $ 122,981,468
Net assets / fund balances at end of fiscal yearUSD $ 202,696,371
Net assets / fund balances at beginning of fiscal yearUSD $ 171,536,888
Total liabilities at end of fiscal yearUSD $ 49,054,243
Total liabilities at beginning of fiscal yearUSD $ 52,806,603
Total assets at end of fiscal yearUSD $ 251,750,614
Total assets at beginning of fiscal yearUSD $ 224,343,491
Revenues less expenses for current yearUSD $ 5,916,903
Revenues less expenses for previous yearUSD $ 5,643,035
Total expenses for current yearUSD $ 95,486,920
Total expenses for previous yearUSD $ 95,813,092
Other expenses in current yearUSD $ 24,276,861
Other expenses in previous yearUSD $ 25,166,688
Total fundraising expenses in current yearUSD $ 2,554,493
Professional fundraising fees from current yearUSD $ 62,799
Professional fundraising fees from previous yearUSD $ 61,799
Employee salary and benefits paid in current yearUSD $ 28,220,260
Employee salary and benefits paid in previous yearUSD $ 29,651,059
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 42,927,000
Grants and similar amounts paid in previous yearUSD $ 40,933,546
Total revenue in current fiscal yearUSD $ 101,403,823
Total revenue in previous fiscal yearUSD $ 101,456,127
Contributions and grants from current yearUSD $ 9,770,661
Contributions and grants from previous yearUSD $ 12,559,815
2020-05-31
Total unrelated business incomeUSD $ -47,822
Net unrelated business incomeUSD $ -47,822
Program Service Revenue from prior yearUSD $ 81,089,447
Program Service Revenue from current yearUSD $ 83,956,187
Investment Income from prior yearUSD $ 7,028,029
Investment Income from current yearUSD $ 4,871,524
Other Revenue from prior yearUSD $ 268,796
Other Revenue from current yearUSD $ 68,601
Gross receipts from all sourcesUSD $ 130,718,646
Net assets / fund balances at end of fiscal yearUSD $ 171,536,888
Net assets / fund balances at beginning of fiscal yearUSD $ 167,997,721
Total liabilities at end of fiscal yearUSD $ 52,806,603
Total liabilities at beginning of fiscal yearUSD $ 50,886,149
Total assets at end of fiscal yearUSD $ 224,343,491
Total assets at beginning of fiscal yearUSD $ 218,883,870
Revenues less expenses for current yearUSD $ 5,643,035
Revenues less expenses for previous yearUSD $ 9,368,462
Total expenses for current yearUSD $ 95,813,092
Total expenses for previous yearUSD $ 92,278,422
Other expenses in current yearUSD $ 25,166,688
Other expenses in previous yearUSD $ 25,571,380
Total fundraising expenses in current yearUSD $ 2,398,368
Professional fundraising fees from current yearUSD $ 61,799
Professional fundraising fees from previous yearUSD $ 24,607
Employee salary and benefits paid in current yearUSD $ 29,651,059
Employee salary and benefits paid in previous yearUSD $ 29,334,483
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 40,933,546
Grants and similar amounts paid in previous yearUSD $ 37,347,952
Total revenue in current fiscal yearUSD $ 101,456,127
Total revenue in previous fiscal yearUSD $ 101,646,884
Contributions and grants from current yearUSD $ 12,559,815
Contributions and grants from previous yearUSD $ 13,260,612
2019-05-31
Total unrelated business incomeUSD $ -19,503
Net unrelated business incomeUSD $ -19,503
Program Service Revenue from prior yearUSD $ 72,823,980
Program Service Revenue from current yearUSD $ 81,089,447
Investment Income from prior yearUSD $ 4,970,341
Investment Income from current yearUSD $ 7,028,029
Other Revenue from prior yearUSD $ 797,486
Other Revenue from current yearUSD $ 268,796
Gross receipts from all sourcesUSD $ 125,931,903
Net assets / fund balances at end of fiscal yearUSD $ 167,997,721
Net assets / fund balances at beginning of fiscal yearUSD $ 163,857,804
Total liabilities at end of fiscal yearUSD $ 50,886,149
Total liabilities at beginning of fiscal yearUSD $ 51,590,022
Total assets at end of fiscal yearUSD $ 218,883,870
Total assets at beginning of fiscal yearUSD $ 215,447,826
Revenues less expenses for current yearUSD $ 9,368,462
Revenues less expenses for previous yearUSD $ 4,046,577
Total expenses for current yearUSD $ 92,278,422
Total expenses for previous yearUSD $ 84,135,836
Other expenses in current yearUSD $ 25,571,380
Other expenses in previous yearUSD $ 24,100,772
Total fundraising expenses in current yearUSD $ 2,727,230
Professional fundraising fees from current yearUSD $ 24,607
Professional fundraising fees from previous yearUSD $ 2,939
Employee salary and benefits paid in current yearUSD $ 29,334,483
Employee salary and benefits paid in previous yearUSD $ 27,716,973
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 37,347,952
Grants and similar amounts paid in previous yearUSD $ 32,315,152
Total revenue in current fiscal yearUSD $ 101,646,884
Total revenue in previous fiscal yearUSD $ 88,182,413
Contributions and grants from current yearUSD $ 13,260,612
Contributions and grants from previous yearUSD $ 9,590,606
Total of other revenueUSD $ 193,934
2018-05-31
Total unrelated business incomeUSD $ -24,507
Net unrelated business incomeUSD $ -23,384
Program Service Revenue from prior yearUSD $ 69,536,226
Program Service Revenue from current yearUSD $ 72,823,980
Investment Income from prior yearUSD $ 4,595,186
Investment Income from current yearUSD $ 4,970,341
Other Revenue from prior yearUSD $ 763,139
Other Revenue from current yearUSD $ 797,486
Gross receipts from all sourcesUSD $ 99,027,911
Net assets / fund balances at end of fiscal yearUSD $ 163,857,804
Net assets / fund balances at beginning of fiscal yearUSD $ 155,647,907
Total liabilities at end of fiscal yearUSD $ 51,590,022
Total liabilities at beginning of fiscal yearUSD $ 48,266,049
Total assets at end of fiscal yearUSD $ 215,447,826
Total assets at beginning of fiscal yearUSD $ 203,913,956
Revenues less expenses for current yearUSD $ 4,046,577
Revenues less expenses for previous yearUSD $ 2,880,727
Total expenses for current yearUSD $ 84,135,836
Total expenses for previous yearUSD $ 81,608,952
Other expenses in current yearUSD $ 24,100,772
Other expenses in previous yearUSD $ 24,747,118
Total fundraising expenses in current yearUSD $ 1,749,183
Professional fundraising fees from current yearUSD $ 2,939
Professional fundraising fees from previous yearUSD $ 67,096
Employee salary and benefits paid in current yearUSD $ 27,716,973
Employee salary and benefits paid in previous yearUSD $ 26,005,517
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 32,315,152
Grants and similar amounts paid in previous yearUSD $ 30,789,221
Total revenue in current fiscal yearUSD $ 88,182,413
Total revenue in previous fiscal yearUSD $ 84,489,679
Contributions and grants from current yearUSD $ 9,590,606
Contributions and grants from previous yearUSD $ 9,595,128
Total of other revenueUSD $ 721,046
2017-05-31
Total unrelated business incomeUSD $ -3,110
Net unrelated business incomeUSD $ -3,110
Program Service Revenue from prior yearUSD $ 60,878,465
Program Service Revenue from current yearUSD $ 69,536,226
Investment Income from prior yearUSD $ 2,131,315
Investment Income from current yearUSD $ 4,595,186
Other Revenue from prior yearUSD $ 928,828
Other Revenue from current yearUSD $ 763,139
Gross receipts from all sourcesUSD $ 109,976,220
Net assets / fund balances at end of fiscal yearUSD $ 155,647,907
Net assets / fund balances at beginning of fiscal yearUSD $ 147,001,636
Total liabilities at end of fiscal yearUSD $ 48,266,049
Total liabilities at beginning of fiscal yearUSD $ 32,786,846
Total assets at end of fiscal yearUSD $ 203,913,956
Total assets at beginning of fiscal yearUSD $ 179,788,482
Revenues less expenses for current yearUSD $ 2,880,727
Revenues less expenses for previous yearUSD $ 2,370,105
Total expenses for current yearUSD $ 81,608,952
Total expenses for previous yearUSD $ 72,573,064
Other expenses in current yearUSD $ 24,747,118
Other expenses in previous yearUSD $ 21,750,950
Total fundraising expenses in current yearUSD $ 1,927,398
Professional fundraising fees from current yearUSD $ 67,096
Professional fundraising fees from previous yearUSD $ 80,284
Employee salary and benefits paid in current yearUSD $ 26,005,517
Employee salary and benefits paid in previous yearUSD $ 24,067,577
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 30,789,221
Grants and similar amounts paid in previous yearUSD $ 26,674,253
Total revenue in current fiscal yearUSD $ 84,489,679
Total revenue in previous fiscal yearUSD $ 74,943,169
Contributions and grants from current yearUSD $ 9,595,128
Contributions and grants from previous yearUSD $ 11,004,561
Total of other revenueUSD $ 685,797
2016-05-31
Total unrelated business incomeUSD $ -43,616
Net unrelated business incomeUSD $ -43,616
Program Service Revenue from prior yearUSD $ 54,994,118
Program Service Revenue from current yearUSD $ 60,878,465
Investment Income from prior yearUSD $ 4,165,710
Investment Income from current yearUSD $ 2,131,315
Other Revenue from prior yearUSD $ 576,338
Other Revenue from current yearUSD $ 928,828
Gross receipts from all sourcesUSD $ 120,856,451
Net assets / fund balances at end of fiscal yearUSD $ 147,001,636
Net assets / fund balances at beginning of fiscal yearUSD $ 150,747,832
Total liabilities at end of fiscal yearUSD $ 32,786,846
Total liabilities at beginning of fiscal yearUSD $ 29,744,890
Total assets at end of fiscal yearUSD $ 179,788,482
Total assets at beginning of fiscal yearUSD $ 180,492,722
Revenues less expenses for current yearUSD $ 2,370,105
Revenues less expenses for previous yearUSD $ 350,928
Total expenses for current yearUSD $ 72,573,064
Total expenses for previous yearUSD $ 66,542,778
Other expenses in current yearUSD $ 21,750,950
Other expenses in previous yearUSD $ 20,646,173
Total fundraising expenses in current yearUSD $ 1,940,501
Professional fundraising fees from current yearUSD $ 80,284
Professional fundraising fees from previous yearUSD $ 113,194
Employee salary and benefits paid in current yearUSD $ 24,067,577
Employee salary and benefits paid in previous yearUSD $ 22,469,314
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 26,674,253
Grants and similar amounts paid in previous yearUSD $ 23,314,097
Total revenue in current fiscal yearUSD $ 74,943,169
Total revenue in previous fiscal yearUSD $ 66,893,706
Contributions and grants from current yearUSD $ 11,004,561
Contributions and grants from previous yearUSD $ 7,157,540
Total of other revenueUSD $ 810,870
2015-05-31
Total unrelated business incomeUSD $ -21,932
Net unrelated business incomeUSD $ -21,932
Program Service Revenue from prior yearUSD $ 50,965,017
Program Service Revenue from current yearUSD $ 54,994,118
Investment Income from prior yearUSD $ 3,926,041
Investment Income from current yearUSD $ 4,165,710
Other Revenue from prior yearUSD $ 684,411
Other Revenue from current yearUSD $ 576,338
Gross receipts from all sourcesUSD $ 98,680,151
Net assets / fund balances at end of fiscal yearUSD $ 150,747,832
Net assets / fund balances at beginning of fiscal yearUSD $ 152,228,211
Total liabilities at end of fiscal yearUSD $ 29,744,890
Total liabilities at beginning of fiscal yearUSD $ 29,274,690
Total assets at end of fiscal yearUSD $ 180,492,722
Total assets at beginning of fiscal yearUSD $ 181,502,901
Revenues less expenses for current yearUSD $ 350,928
Revenues less expenses for previous yearUSD $ 2,179,352
Total expenses for current yearUSD $ 66,542,778
Total expenses for previous yearUSD $ 61,740,413
Other expenses in current yearUSD $ 20,646,173
Other expenses in previous yearUSD $ 19,759,505
Total fundraising expenses in current yearUSD $ 1,989,994
Professional fundraising fees from current yearUSD $ 113,194
Professional fundraising fees from previous yearUSD $ 21,140
Employee salary and benefits paid in current yearUSD $ 22,469,314
Employee salary and benefits paid in previous yearUSD $ 21,181,880
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 23,314,097
Grants and similar amounts paid in previous yearUSD $ 20,777,888
Total revenue in current fiscal yearUSD $ 66,893,706
Total revenue in previous fiscal yearUSD $ 63,919,765
Contributions and grants from current yearUSD $ 7,157,540
Contributions and grants from previous yearUSD $ 8,344,296
Total of other revenueUSD $ 491,691

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 560556753

USA Mailing Address
PO BOX 7164
HICKORY
NC
28603
Date first seen: 2007-01-01
Date last seen: 2024-06-30
USA Mailing Address
PO BOX 7164
HICKORY
NC
286037164
Date first seen: 2021-04-01
Date last seen: 2024-03-26

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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