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Nonprofit · EIN 39-0806263

ALVERNO COLLEGE

Tax-exempt · MILWAUKEE, WI 53219

Financials

$41.6M$55.1M2022$42.5M$53.8M2023$49.4M$44.6M2024
Revenue Expenses · by fiscal year end
Financials of ALVERNO COLLEGE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$49,417,081$44,636,468$4,780,613$84,891,270$19,587,112$65,304,158
June 30, 2024990$42,474,928$53,802,253-$11,327,325$81,321,504$22,395,404$58,926,100
June 30, 2023990$41,560,381$55,098,893-$13,538,512$93,867,906$25,986,968$67,880,938
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$16,203,942
of which government grants
$1,865,457
Program service revenue
$30,999,939
Investment income
$2,213,200
Net gain from sales of assets
$1,431,169
Other revenue
$0

Expenses

Grants and similar amounts paid
$10,445,749
Compensation of officers, directors and key employees
$1,059,539
Other salaries and wages
$12,829,578
Salaries, compensation and benefits (total)
$16,700,243
Professional fundraising fees
$120,940
Legal fees
$49,733
Accounting fees
$99,984
Occupancy
$2,256,209
Travel
$231,537
Depreciation
$3,557,101
Program services (functional)
$39,879,133
Management and general (functional)
$3,962,967
Fundraising (functional)
$794,368

Balance sheet and other

Total assets, start of year
$81,321,504
Total assets, end of year
$84,891,270
Total liabilities, end of year
$19,587,112
Net assets, end of year
$65,304,158
Land, buildings and equipment
$28,104,349
Publicly traded securities
$31,193,284
Net assets without donor restrictions
$30,531,297
Net assets with donor restrictions
$34,772,861
Gross unrelated business income
$4,596
Gross receipts
$60,613,982
Employees
761
Volunteers
157
Year formed
1940
State of legal domicile
WI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CHRISTY BROWNPRESIDENT
Officer
40$304,346$27,489
JODI EASTBERGINTERIM VP OF ACADEMIC AFFAIRS
Officer
40$159,213$20,871
LAURIE KUNKEL-JORDANDEAN - SCHOOL OF NURSING
Highest-paid employee
40$135,757$12,699
DESIREE POINTERPROFESSOR - GRADUATE PROGRAM
Highest-paid employee
40$118,610$2,439
HEIDI ANDERSON-ISAACSONVP OF STUDENT DEVELOPMENT & SUCCESS
Officer
40$95,389$22,246
RANDA SULEMANPROFESSOR
Highest-paid employee
40$107,261$2,453
DAWN PETERSONCFO (TERM 07/2024)
Officer
40$92,255$16,157
KATHERINE LUNDEENVP OF ENROLLMENT & MARKETING
Officer
40$87,123$3,207
JOANNE PASSAROVP OF ACADEMIC AFFAIRS
Officer
40$75,751$156
MICHAEL GUNSINTERIM CFO
Officer
40$70,012$0
MICHELE KITSON-IKUSZVP OF ADVANCEMENT
Officer
40$21,538$0
KATHERINE M HUDSONCHAIR
Trustee or director, Officer
10$0$0
KRISTINE OBRECHTVICE CHAIR
Trustee or director, Officer
2$0$0
S KATHLEEN O'BRIENVICE CHAIR
Trustee or director, Officer
4$0$0
ABIGAIL J NASHBOARD MEMBER (TERM 06/2025)
Trustee or director
1$0$0
20 more people on this return
NameTitleHours / weekCompensation
ALAN MURPHYBOARD MEMBER (TERM 06/2025)
Trustee or director
2$0
BARBARA KLUKABOARD MEMBER
Trustee or director
8$0
BRUCE MYERSBOARD MEMBER
Trustee or director
2$0
CECELIA GOREBOARD MEMBER
Trustee or director
1$0
ELLEN HOPPERBOARD MEMBER
Trustee or director
1$0
GINA SPANGBOARD MEMBER
Trustee or director
2$0
JOVITA CARRANZABOARD MEMBER
Trustee or director
2$0
KATHLEEN FLANAGANBOARD MEMBER
Trustee or director
1$0
KATHRYN MCCORMACKBOARD MEMBER
Trustee or director
2$0
MARI-ANNE HECHMANNBOARD MEMBER (TERM 06/2025)
Trustee or director
5$0
MARIANNE LUBARBOARD MEMBER (TERM 06/2025)
Trustee or director
1$0
MARSHA SEHLERBOARD MEMBER (TERM 06/2025)
Trustee or director
1$0
RICHELLE WEBB DIXONBOARD MEMBER
Trustee or director
1$0
S MARY DIEZBOARD MEMBER
Trustee or director
2$0
S MARY SCHNEIDERBOARD MEMBER
Trustee or director
1$0
SAMANTHA MALDONADOBOARD MEMBER
Trustee or director
2$0
SYNEATHIA LAGRANTBOARD MEMBER
Trustee or director
1$0
TAMMY BELTON-DAVISBOARD MEMBER
Trustee or director
1$0
TIA VERNONBOARD MEMBER (TERM 03/2025)
Trustee or director
1$0
TINA CHANGBOARD MEMBER
Trustee or director
2$0
990 for the year ended June 30, 2024: 39 people
NameTitleHours / weekCompensationOther / benefits
DAWN PETERSONCFO
Officer
40$164,197$28,040
JODI EASTBERGINTERIM VP OF ACADEMIC AFFAIRS
Officer
40$158,151$25,931
CHRISTY BROWNPRESIDENT
Officer
40$143,998$26,203
JOSEPH FOYINTERIM PRESIDENT (TERM 07/2023)
Officer
40$159,169$8,126
LAURIE KUNKEL-JORDANDEAN,SCHOOL OF NURSING
Highest-paid employee
40$142,667$16,014
LINDA SHANTAPROGRAM DIRECTOR DEMSN MESA
Highest-paid employee
40$138,700$15,945
HEIDI ANDERSON-ISAACSONVP OF STUDENT DEVELOPMENT & SUCCESS
Officer
40$119,255$27,275
KATHERINE LUNDEENVP OF ENROLLMENT & MARKETING
Officer
40$107,168$27,359
KIMBERLY MUENCHINTERIM VP OF ADVANCEMENT
Officer
40$111,024$22,789
MARY GILFILLANHR DIRECTOR (TERM 05/2023)
Highest-paid employee
40$115,732$12,239
JUSTIN LAMANNAPROFESSOR OF BIOLOGY
Highest-paid employee
40$114,244$12,417
DESIREE POINTERPROFESSOR - GRADUATE PROGRAM
Highest-paid employee
40$118,176$3,456
KATHERINE M HUDSONCHAIR
Trustee or director, Officer
10$0$0
KRISTINE OBRECHTVICE CHAIR
Trustee or director, Officer
2$0$0
S KATHLEEN O'BRIENVICE CHAIR
Trustee or director, Officer
4$0$0
ABIGAIL J NASHBOARD MEMBER
Trustee or director
1$0$0
ALAN MURPHYBOARD MEMBER
Trustee or director
2$0$0
BARBARA A KLUKABOARD MEMBER
Trustee or director
8$0$0
BRUCE MYERSBOARD MEMBER
Trustee or director
2$0$0
CECELIA I GOREBOARD MEMBER
Trustee or director
1$0$0
DONALD W LAYDEN JRBOARD MEMBER (THROUGH 12/2023)
Trustee or director
2$0$0
ELLEN HOPPERBOARD MEMBER
Trustee or director
1$0$0
GINA SPANGBOARD MEMBER
Trustee or director
2$0$0
JOVITA CARRANZABOARD MEMBER
Trustee or director
2$0$0
KATHLEEN FLANAGANBOARD MEMBER
Trustee or director
1$0$0
KATHY MCCORMACKBOARD MEMBER
Trustee or director
2$0$0
MARI-ANNE HECHMANNBOARD MEMBER
Trustee or director
5$0$0
MARIANNE LUBARBOARD MEMBER
Trustee or director
1$0$0
MARIE GOLANOWSKIBOARD MEMBER
Trustee or director
1$0$0
MARSHA SEHLERBOARD MEMBER
Trustee or director
1$0$0
RICHELLE WEBB DIXONBOARD MEMBER
Trustee or director
1$0$0
ROBERT VENABLEBOARD MEMBER
Trustee or director
5$0$0
S MARY C SCHNEIDERBOARD MEMBER
Trustee or director
2$0$0
S MARY DIEZBOARD MEMBER
Trustee or director
1$0$0
SAMATHA MALDONADOBOARD MEMBER
Trustee or director
2$0$0
SYNEATHIA LAGRANTBOARD MEMBER
Trustee or director
1$0$0
TAMMY BELTON-DAVISBOARD MEMBER
Trustee or director
1$0$0
TIA VERNONBOARD MEMBER
Trustee or director
1$0$0
TINA CHANGBOARD MEMBER
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 42 people
NameTitleHours / weekCompensationOther / benefits
JOSEPH FOYINTERIM PRESIDENT (AS OF 07/2022)
Officer
40$209,215$16,763
DAWN PETERSONCFO
Officer
40$148,321$23,821
LAURIE KUNKEL-JORDANDEAN, SCHOOL OF NURSING
Highest-paid employee
40$147,251$16,930
JILL DESMOND FORDVP & CHIEF OF STAFF (TERM 12/2022)
Officer
40$145,221$8,060
HEIDI ANDERSON-ISAACSONVP OF STUDENT DEVELOPMENT & SUCCESS
Officer
40$122,354$26,003
KATHERINE LUNDEENVP OF ENROLLMENT & MARKETING
Officer
40$105,227$26,182
PATRICIA VARGAPROFESSOR OF NURSING
Highest-paid employee
40$115,018$15,192
JODI EASTBERG INTERIM VPOF ACADEMIC AFFAIRS (AS OF 11/2022)
Officer
40$105,428$22,533
JUSTIN LAMANNAPROFESSOR OF BIOLOGY
Highest-paid employee
40$111,174$14,434
LINDA SHANTAPROGRAM DIRECTOR DEMSN MESA
Highest-paid employee
40$109,703$12,110
KIMBERLY MUENCH INTERIM VPOF ADVANCEMENT (AS OF 09/2022)
Officer
40$92,498$20,926
KRISTIN VASQUEZPROFESSOR OF PSYCHOLOGY
Highest-paid employee
40$107,561$5,792
CHRISTA SHIELDSVP OF ADVANCEMENT (TERM 09/2022)
Officer
40$98,023$6,442
KATHERINE M HUDSONCHAIR
Trustee or director, Officer
10$0$0
KRISTINE OBRECHTVICE CHAIR
Trustee or director, Officer
2$0$0
S KATHLEEN O'BRIENVICE CHAIR
Trustee or director, Officer
4$0$0
ABIGAIL J NASHBOARD MEMBER
Trustee or director
1$0$0
ALAN MURPHYBOARD MEMBER
Trustee or director
2$0$0
BARBARA A KLUKABOARD MEMBER
Trustee or director
8$0$0
BRUCE MYERSBOARD MEMBER
Trustee or director
2$0$0
CECELIA I GOREBOARD MEMBER
Trustee or director
1$0$0
DONALD W LAYDEN JRBOARD MEMBER (TERM 12/2023)
Trustee or director
2$0$0
ELLEN HOPPERBOARD MEMBER (JOINED 06/2023)
Trustee or director
1$0$0
GINA SPANGBOARD MEMBER
Trustee or director
2$0$0
JACQUELYN FREDRICKBOARD MEMBER (TERM 06/2023)
Trustee or director
1$0$0
JIM MCKEOWNBOARD MEMBER (TERM 06/2023)
Trustee or director
1$0$0
JOVITA CARRANZABOARD MEMBER
Trustee or director
2$0$0
KATHLEEN FLANAGANBOARD MEMBER
Trustee or director
1$0$0
KATHY MCCORMACKBOARD MEMBER
Trustee or director
2$0$0
MARI-ANNE HECHMANNBOARD MEMBER
Trustee or director
5$0$0
MARIANNE LUBARBOARD MEMBER
Trustee or director
1$0$0
MARIE GOLANOWSKIBOARD MEMBER
Trustee or director
1$0$0
MARSHA SEHLERBOARD MEMBER
Trustee or director
1$0$0
RICHELLE WEBB DIXONBOARD MEMBER
Trustee or director
1$0$0
ROBERT VENABLEBOARD MEMBER
Trustee or director
5$0$0
S MARY C SCHNEIDERBOARD MEMBER
Trustee or director
2$0$0
S MARY DIEZBOARD MEMBER (JOINED 06/2023)
Trustee or director
1$0$0
SAMATHA MALDONADOBOARD MEMBER
Trustee or director
2$0$0
SYNEATHIA LAGRANTBOARD MEMBER (JOINED 03/2023)
Trustee or director
1$0$0
TAMMY BELTON-DAVISBOARD MEMBER
Trustee or director
1$0$0
TIA VERNONBOARD MEMBER
Trustee or director
1$0$0
TINA CHANGBOARD MEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
3400 S 43RD ST, MILWAUKEE, WI 53219-4844
Principal officer (990 for 2024)
CHRISTY BROWN, PO BOX 343922, MILWAUKEE, WI 532343922
Signed the 990
LORENZE LEGASPI, CFO
Phone
(414) 382-6000
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

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.

990 for the year ended June 30, 2025

Program accomplishments

  • UNDERGRADUATE AND GRADUATE EDUCATION: MORE THAN 60 UNDERGRADUATE DEGREE PROGRAMS OFFERED FOR TRADITIONAL FULL-TIME STUDENTS AND THROUGH ADULT DEGREE COMPLETION PROGRAMS IN TWO ACADEMIC COLLEGES THE JOANN MCGRATH SCHOOL OF NURSING AND HEALTH PROFESSIONS AND THE SCHOOL OF LIBERAL ARTS AND PROFESSIONAL STUDIES. GRADUATE DEGREES ARE ALSO OFFERED THROUGH THESE ACADEMIC COLLEGES INCLUDING MASTER OF ARTS IN EDUCATION, MASTER OF SCIENCE IN SCHOOL AND COMMUNITY PSYCHOLOGY, MASTER OF SCIENCE IN NURSING, DOCTOR OF NURSING, AND DOCTOR OF EDUCATION.
    Expenses $39,879,133 · grants $10,445,749 · revenue $30,999,939

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
39-0806263
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Exempt since
1946
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B420)
Assets (IRS master file)
$84,891,270
Income (IRS master file)
$60,613,982

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$49,417,081$44,636,468$84,891,270IRS
990-TJune 2025–––IRS
990June 2024$42,474,928$53,802,253$81,321,504IRS
990-TJune 2024–––IRS
990June 2023$41,560,381$55,098,893$93,867,906XML
990-TJune 2023–––IRS
990June 2022$50,194,378$53,907,225$104,950,852IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-0806263).

Questions about ALVERNO COLLEGE

What is the EIN of ALVERNO COLLEGE?
The employer identification number (EIN) of ALVERNO COLLEGE is 39-0806263.
Is ALVERNO COLLEGE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
Which annual return does ALVERNO COLLEGE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ALVERNO COLLEGE due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ALVERNO COLLEGE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ALVERNO COLLEGE?
The 990 for the year ended June 30, 2025 names CHRISTY BROWN.
Who are the officers and directors of ALVERNO COLLEGE?
The 990 for the year ended June 30, 2025 lists 35 people; 11 received compensation from the organization, the highest $304,346 (CHRISTY BROWN, PRESIDENT).
How much revenue does ALVERNO COLLEGE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $49,417,081, expenses of $44,636,468 and total assets of $84,891,270 at year end.

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