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ALVERNO COLLEGE

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Public IRS 990 nonprofit record

ALVERNO COLLEGE

EIN 39-0806263 · Education (B420)

What they do

ALVERNO COLLEGE PREPARES WOMEN for LIVES of PERSONAL and PROFESSIONAL DISTINCTION and MEANINGFUL ENGAGEMENT WITH THE WORLD. ALVERNO ALSO EXTENDS THIS MISSION BY OFFERING GRADUATE and ADULT PROGRAMS to WOMEN and MEN.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $89.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders35 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

80.70%of revenue went to mission work89.3% of expenses · Program services
1.61%of revenue went to fundraising1.8% of expenses
$90.33spent for every $100 of revenueRevenue covered expenses this year.
8.02%of revenue went to management and office costs8.9% of expenses
$1.90in assets for every $1 spent this yearSome assets cannot be spent right away.
32.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $331,835 for CHRISTY BROWN (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$49,417,081
Mission workProgram services$39,879,13380.70% of revenue89.3% of expenses
ManagementOffice and general costs$3,962,9678.02% of revenue8.9% of expenses
FundraisingAsking for donations$794,3681.61% of revenue1.8% of expenses
Revenue left after expensesReported annual surplus$4,780,6139.67% of revenueShown in gray on the chart
Total expenses$44,636,46890.33% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 89.3% mission · 8.9% management · 1.8% fundraisingTotal expenses: 90.33% of revenue
2023Expense mix: 91.2% mission · 7.2% management · 1.6% fundraisingTotal expenses: 126.67% of revenue
2022Expense mix: 88.6% mission · 9.8% management · 1.6% fundraisingTotal expenses: 132.58% of revenue
2021Expense mix: 90.4% mission · 7.5% management · 2.1% fundraisingTotal expenses: 107.40% of revenue
2020Expense mix: 91.5% mission · 6.0% management · 2.5% fundraisingTotal expenses: 92.10% of revenue
2019Expense mix: 90.3% mission · 6.9% management · 2.8% fundraisingTotal expenses: 104.79% of revenue
2018Expense mix: 90.3% mission · 7.0% management · 2.6% fundraisingTotal expenses: 103.71% of revenue
2017Expense mix: 91.5% mission · 6.3% management · 2.2% fundraisingTotal expenses: 104.85% of revenue

Money in and money out

Revenue$49,417,081
Expenses$44,636,468
Annual surplus $4,780,613 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$39,879,133 · 89.3% of expenses
Management and office costs$3,962,967 · 8.9% of expenses
Fundraising$794,368 · 1.8% of expenses
See all reported dollar amounts
Revenue$49,417,081
Expenses$44,636,468
Assets$84,891,270
Income$60,613,982
Contributions$16,203,942
Mission work (program services)$39,879,133
Fundraising$794,368
Management and general$3,962,967
Executive compensation (total)$939,228
Stocks and bonds$31,193,284
Accounting fees$99,984
Investing fees$98,010
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
CHRISTY BROWNPRESIDENT · 40 hrs/week $331,835Base $304,346 · Other $27,489
JODI EASTBERGINTERIM VP OF ACADEMIC AFFAIRS · 40 hrs/week $180,084Base $159,213 · Other $20,871
LAURIE KUNKEL-JORDANDEAN - SCHOOL OF NURSING · 40 hrs/week $148,456Base $135,757 · Other $12,699
DESIREE POINTERPROFESSOR - GRADUATE PROGRAM · 40 hrs/week $121,049Base $118,610 · Other $2,439
HEIDI ANDERSON-ISAACSONVP OF STUDENT DEVELOPMENT & SUCCESS · 40 hrs/week $117,635Base $95,389 · Other $22,246
RANDA SULEMANPROFESSOR · 40 hrs/week $109,714Base $107,261 · Other $2,453
DAWN PETERSONCFO (TERM 07/2024) · 40 hrs/week $108,412Base $92,255 · Other $16,157
KATHERINE LUNDEENVP OF ENROLLMENT & MARKETING · 40 hrs/week $90,330Base $87,123 · Other $3,207
JOANNE PASSAROVP OF ACADEMIC AFFAIRS · 40 hrs/week $75,907Base $75,751 · Other $156
MICHAEL GUNSINTERIM CFO · 40 hrs/week $70,012
MICHELE KITSON-IKUSZVP OF ADVANCEMENT · 40 hrs/week $21,538

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (35)

CHRISTY BROWNPRESIDENT

JODI EASTBERGINTERIM VP OF ACADEMIC AFFAIRS

LAURIE KUNKEL-JORDANDEAN - SCHOOL OF NURSING

DESIREE POINTERPROFESSOR - GRADUATE PROGRAM

HEIDI ANDERSON-ISAACSONVP OF STUDENT DEVELOPMENT & SUCCESS

RANDA SULEMANPROFESSOR

DAWN PETERSONCFO (TERM 07/2024)

KATHERINE LUNDEENVP OF ENROLLMENT & MARKETING

JOANNE PASSAROVP OF ACADEMIC AFFAIRS

MICHAEL GUNSINTERIM CFO

MICHELE KITSON-IKUSZVP OF ADVANCEMENT

MARSHA SEHLERBOARD MEMBER (TERM 06/2025)

KATHRYN MCCORMACKBOARD MEMBER

RICHELLE WEBB DIXONBOARD MEMBER

S KATHLEEN OBRIENVICE CHAIR

S MARY DIEZBOARD MEMBER

S MARY SCHNEIDERBOARD MEMBER

SAMANTHA MALDONADOBOARD MEMBER

SYNEATHIA LAGRANTBOARD MEMBER

TAMMY BELTON-DAVISBOARD MEMBER

TIA VERNONBOARD MEMBER (TERM 03/2025)

TINA CHANGBOARD MEMBER

MARIANNE LUBARBOARD MEMBER (TERM 06/2025)

MARI-ANNE HECHMANNBOARD MEMBER (TERM 06/2025)

KRISTINE OBRECHTVICE CHAIR

ABIGAIL J NASHBOARD MEMBER (TERM 06/2025)

KATHLEEN FLANAGANBOARD MEMBER

KATHERINE M HUDSONCHAIR

JOVITA CARRANZABOARD MEMBER

GINA SPANGBOARD MEMBER

ELLEN HOPPERBOARD MEMBER

CECELIA GOREBOARD MEMBER

BRUCE MYERSBOARD MEMBER

BARBARA KLUKABOARD MEMBER

ALAN MURPHYBOARD MEMBER (TERM 06/2025)

About this charity

Recognized since
January 1946
Location
3400 S 43RD ST, MILWAUKEE, WI 53219-4844
County
Milwaukee
In care of
LORENZE LEGASPI
Primary officer
LORENZE LEGASPI, CFO

How to reach them

WebsiteVisit the charity’s website Emailadmissions@alverno.edu Phone(414) 382-6000

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
BAKER TILLY ADVISORY GROUP LP
NTEE classification
Education (B420)
IRS tax category
Colleges, Universities, and Professional Schools

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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