Nonprofit · EIN 42-0680408
CLARKE UNIVERSITY OF DUBUQUE IOWA
Tax-exempt · DUBUQUE, IA 52001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $42,241,743 | $45,848,096 | -$3,606,353 | $70,946,607 | $10,076,356 | $60,870,251 |
| May 31, 2024 | 990 | $50,393,974 | $46,825,742 | $3,568,232 | $73,497,955 | $10,305,818 | $63,192,137 |
| May 31, 2023 | 990 | $41,705,503 | $43,774,988 | -$2,069,485 | $69,711,638 | $12,667,182 | $57,044,456 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $3,694,126
- of which government grants
- $203,425
- Program service revenue
- $36,615,349
- Investment income
- $1,746,787
- Net rental income
- $57,616
- Net gain from sales of assets
- $702,288
- Net income from fundraising events
- $11,184
- Net income from sales of inventory
- $116,681
- Other revenue
- $185,481
Expenses
- Grants and similar amounts paid
- $16,960,247
- Compensation of officers, directors and key employees
- $651,168
- Other salaries and wages
- $13,950,662
- Salaries, compensation and benefits (total)
- $18,516,339
- Professional fundraising fees
- $97,860
- Legal fees
- $38,437
- Accounting fees
- $72,200
- Occupancy
- $14,041
- Travel
- $746,762
- Depreciation
- $2,144,800
- Program services (functional)
- $40,312,332
- Management and general (functional)
- $4,055,282
- Fundraising (functional)
- $1,480,482
Balance sheet and other
- Total assets, start of year
- $73,497,955
- Total assets, end of year
- $70,946,607
- Total liabilities, end of year
- $10,076,356
- Net assets, end of year
- $60,870,251
- Land, buildings and equipment
- $32,103,615
- Publicly traded securities
- $23,427,540
- Net assets without donor restrictions
- $36,233,887
- Net assets with donor restrictions
- $24,636,364
- Gross receipts
- $42,382,594
- Employees
- 653
- Volunteers
- 20
- Year formed
- 1843
- State of legal domicile
- IA
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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Elizabeth A McGrath | Treasurer-VP Business/Finance Officer | 40 | $151,149 | $18,739 |
| Courtney Leonard | VP for Institutional Advancement Highest-paid employee | 40 | $118,505 | $32,230 |
| Fletcher Lamkin PhD | President/Trustee Trustee or director, Officer | 40 | $131,222 | $18,000 |
| William Biebuyck-VP Instit | Adv (Until July)/then VP Emeritus Highest-paid employee | 40 | $127,364 | $15,742 |
| Julie Cirks | VP of Enrollment Management Highest-paid employee | 40 | $119,602 | $15,042 |
| Yvonne Zimmerman- - Provost | VP of Academic Affairs as of Sept Officer | 40 | $108,780 | $17,691 |
| Steven Kapelke - Provost | VP of Academic Affairs until Sept Officer | 40 | $118,968 | $4,642 |
| Alecia Thiele - Associate | Professor and Dir of Clinical Educ Highest-paid employee | 40 | $118,468 | $2,789 |
| Lisa Rettenmeier | Professor of Nursing Highest-paid employee | 40 | $112,539 | $7,236 |
| Carolyn Haupert | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Margaret Mary Cosgrove BVM | MBA, Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Mark D Wahlert | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Kathleen Antol | Trustee Trustee or director | 1 | $0 | $0 |
| Chris Brewer | Trustee Trustee or director | 1 | $0 | $0 |
| Anne Brown | Trustee Trustee or director | 1 | $0 | $0 |
18 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kathleen Corrigan | Trustee Trustee or director | 1 | $0 |
| MaryRose Corrigan-Psihoyos | Trustee Trustee or director | 1 | $0 |
| Gail Coury | Trustee Trustee or director | 1 | $0 |
| Suzanne Juergens | Trustee Trustee or director | 1 | $0 |
| Jason Knockel | Trustee Trustee or director | 1 | $0 |
| LaDonna Manternach | Trustee Trustee or director | 1 | $0 |
| Elizabeth Petty | Trustee Trustee or director | 1 | $0 |
| Regina Qualls | Trustee Trustee or director | 1 | $0 |
| Timothy J Conlon | Trustee Trustee or director | 1 | $0 |
| Ardell Sanders | Trustee Trustee or director | 1 | $0 |
| Cathy Schulze | Trustee Trustee or director | 1 | $0 |
| Alan Stache | Trustee Trustee or director | 1 | $0 |
| Dr Deborah Ashton | Trustee Trustee or director | 1 | $0 |
| MaryAnn Zollmann | Trustee Trustee or director | 1 | $0 |
| Eric Gantz | Trustee Trustee or director | 1 | $0 |
| Tony Harvat | Trustee Trustee or director | 1 | $0 |
| Michele Miller | Trustee Trustee or director | 1 | $0 |
| Thomas Schwartz | Trustee Trustee or director | 1 | $0 |
990 for the year ended May 31, 2024: 28 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| William Biebuyck | VP Institutional Advancement Highest-paid employee | 40 | $168,026 | $19,241 |
| Elizabeth A McGrath | Treasurer-VP Business/Finance Officer | 40 | $150,151 | $18,612 |
| Steven Kapelke | Provost/VP of Academic Affairs Officer | 40 | $139,102 | $4,069 |
| Kathleen Zanger | VP of Student Life Highest-paid employee | 40 | $106,333 | $28,025 |
| Julie Cirks | VP of Enrollment Management Highest-paid employee | 40 | $119,114 | $14,748 |
| Lisa Rettenmeier | Nursing Chair Highest-paid employee | 40 | $111,221 | $7,163 |
| Jody Wolfe | Business Chair Highest-paid employee | 40 | $105,723 | $5,313 |
| Carolyn Haupert | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Margaret Mary Cosgrove BVM | MBA, Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Timothy J Conlon | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Kathleen Antol | Trustee Trustee or director | 1 | $0 | $0 |
| Chris Brewer | Trustee Trustee or director | 1 | $0 | $0 |
| Anne Brown | Trustee Trustee or director | 1 | $0 | $0 |
| Kathleen Corrigan | Trustee Trustee or director | 1 | $0 | $0 |
| MaryRose Corrigan-Psihoyos | Trustee Trustee or director | 1 | $0 | $0 |
| Gail Coury | Trustee Trustee or director | 1 | $0 | $0 |
| Suzanne Juergens | Trustee Trustee or director | 1 | $0 | $0 |
| Jason Knockel | Trustee Trustee or director | 1 | $0 | $0 |
| LaDonna Manternach | Trustee Trustee or director | 1 | $0 | $0 |
| Elizabeth Petty | Trustee Trustee or director | 1 | $0 | $0 |
| Regina Qualls | Trustee Trustee or director | 1 | $0 | $0 |
| Mark Ressler | Trustee Trustee or director | 1 | $0 | $0 |
| Ardell Sanders | Trustee Trustee or director | 1 | $0 | $0 |
| Cathy Schulze | Trustee Trustee or director | 1 | $0 | $0 |
| Alan Stache | Trustee Trustee or director | 1 | $0 | $0 |
| Mark D Wahlert | Trustee Trustee or director | 1 | $0 | $0 |
| MaryAnn Zollmann | Trustee Trustee or director | 1 | $0 | $0 |
| Fletcher Lamkin PhD | Interim President and Trustee Trustee or director, Officer | 40 | $0 | $0 |
990 for the year ended May 31, 2023: 39 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Thomas D Chesney | President - Trustee until 12.31.22 Trustee or director, Officer | 40 | $254,262 | $62,130 |
| William Biebuyck | VP Institutional Advancement Highest-paid employee | 40 | $165,318 | $20,110 |
| Elizabeth A McGrath | Treasurer-VP Business/Finance Officer | 40 | $149,063 | $17,972 |
| Eden Wales Freedman- Provost | VP Academic Affairs until 2.3.23 Officer | 40 | $142,668 | $18,218 |
| Kathleen Zanger | VP of Student Life Highest-paid employee | 40 | $105,597 | $27,944 |
| Lisa Rettenmeier | Nursing Chair Highest-paid employee | 40 | $111,743 | $7,114 |
| David DiMattio | Dean of Prof & Grad Highest-paid employee | 40 | $105,941 | $6,729 |
| Steven Kapelke - Provost | VP Academic Affairs as of 2.1.23 Officer | 40 | $5,060 | $0 |
| Mary Rose Corrigan Psihoyos | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Jane Daly Seaberg | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Ann McDonough | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Kathleen Antol BVM | Trustee Trustee or director | 1 | $0 | $0 |
| Jane Skelley Carroll | Trustee Trustee or director | 1 | $0 | $0 |
| Mary Rose Corrigan-Psihoyos | Trustee Trustee or director | 1 | $0 | $0 |
| Timothy J Conlon | Trustee Trustee or director | 1 | $0 | $0 |
| Margaret Mary Cosgrove BVM | MBA, Trustee Trustee or director | 1 | $0 | $0 |
| Gail Coury Bukolt | Trustee Trustee or director | 1 | $0 | $0 |
| Kathleen Corrigan | Trustee Trustee or director | 1 | $0 | $0 |
| Jason M Knockel | Trustee Trustee or director | 1 | $0 | $0 |
| Ann McDonough | Trustee Trustee or director | 1 | $0 | $0 |
| Regina M Qualls BVM | Trustee Trustee or director | 1 | $0 | $0 |
| Maureen Quann | Trustee Trustee or director | 1 | $0 | $0 |
| Daniel Rank | Trustee Trustee or director | 1 | $0 | $0 |
| Fr Mark Ressler | Trustee Trustee or director | 1 | $0 | $0 |
| Cathy Schulze | Trustee Trustee or director | 1 | $0 | $0 |
| Jane Daly Seaberg | Trustee Trustee or director | 1 | $0 | $0 |
| Mark D Wahlert | Trustee Trustee or director | 1 | $0 | $0 |
| Jenifer Collins Westphal | Trustee Trustee or director | 1 | $0 | $0 |
| Mary Ann Zollmann BVM PhD | Trustee Trustee or director | 1 | $0 | $0 |
| Elizabeth Petty | Trustee Trustee or director | 1 | $0 | $0 |
| Ardell Sanders | Trustee Trustee or director | 1 | $0 | $0 |
| Alan Stache | Trustee Trustee or director | 1 | $0 | $0 |
| LaDonna Manternach | Trustee Trustee or director | 1 | $0 | $0 |
| Christopher Brewer | Trustee Trustee or director | 1 | $0 | $0 |
| Carolyn Haupert | Trustee Trustee or director | 1 | $0 | $0 |
| Anne Brown | Trustee Trustee or director | 1 | $0 | $0 |
| Suzanne Juergens | Trustee Trustee or director | 1 | $0 | $0 |
| Justin Wenzelman | Trustee Trustee or director | 1 | $0 | $0 |
| Fletcher Lamkin - Interim | President and Trustee as of 1.1.23 Officer | 40 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1550 CLARKE DR, DUBUQUE, IA 52001-3117
- Principal officer (990 for 2024)
- Fletcher Lamkin, 1550 Clarke Drive, Dubuque, IA 52001
- Signed the 990
- Elizabeth McGrath, Treasurer-VP Business/Finance
- Phone
- (563) 588-6315
- Website
- www.clarke.edu
- Return prepared by
- Eide Bailly LLP
Mission
We are a Catholic, co-educational, liberal arts university founded in 1843 by the Sisters of Charity of the Blessed Virgin Mary in Dubuque, Iowa. Clarke educates students at the post-secondary level in the liberal arts and sciences, the fine arts, selected professional programs, and graduate programs.We, the faculty, students, staff and administration are a caring, learning community committed to excellence in education. We provide a supportive environment that encourages personal and intellectual growth, promotes global awareness and social responsibility, and deepens spiritual values.
Program accomplishments
- Clarke University is a 4-year non-profit liberal arts and sciences university focused on progressing with the times. Humble beginnings have developed into over 30 undergraduate and 6 graduate programs. We are an institution guided by steadfast principles. We believe one-on-one learning is the ratio for future scholars and laureates. We understand that without proper connections, a quality education is moot. We recognize that easy access to our educators is what sets us apart. It is more than a pledge. It is a progressive framework that has guided us for more than one-and-a-half centuries.Clarke confers the Associate of Arts (AA), Bachelor of Arts (BA), Bachelor of Science (BS), Bachelor of Applied Studies (BAS), Bachelor of Social Work (BSW), Bachelor of Science in Nursing (BSN), Bachelor of Fine Arts (BFA), Master of Arts in Education (MAE), Master of Business Administration (MBA), Master of Organizational Leadership (MOL), Master of Social Work (MSW), Doctor of Nursing Practice (DNP) and Doctor of Physical Therapy (DPT).During the 2024-25 academic year, over 962 students come from 39 states and 27 countries. The average high school grade-point average was 3.30. In the last five years, an average of 97 percent of survey respondents reported being employed in their field or continuing their education post-graduation. The student/faculty ratio is 9:1.Also during the 2024-2025 academic year, 100 percent of Clarke's full-time, day-time students (who were eligible, and applied) received financial aid in the form of scholarships, grants, loans, and work-study. Students are encouraged to apply for financial aid. Clarke University offers a variety of merit scholarships to students that include academic, athletic talent, fine arts and other scholarships.Clarke University does not discriminate on the basis of gender, sex, race, color, national or ethnic origin, sexual orientation, age or disability in the educational programs which it conducts or in its employment policies, practices and procedures. Clarke University complies with all pertinent state and federal regulations concerning affirmative action, nondiscrimination and equal employment opportunity.Expenses $26,422,435 · grants $16,960,247 · revenue $31,712,505
- Auxiliary Enterprises: Programs available to all 962 students including the residence halls, board plans and athletics. The Residence Hall capacity is 571, with an occupancy of 463, or 81%. In the fall of 2024, all 463 resident students also had board plans with food service.Expenses $8,994,536 · revenue $4,482,097
- Student services: Resources provided to all 962 students by student activities, health services, counseling center, career center, admissions and financial aid.Expenses $2,937,541 · revenue $420,747
- Academic support programsExpenses $1,957,820 · revenue $116,681
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 42-0680408
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Exempt since
- 1946
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B420)
- Group exemption
- 0928: UNITED STATES CATHOLIC CONFERENCE
- Assets (IRS master file)
- $70,946,607
- Income (IRS master file)
- $42,382,594
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $42,241,743 | $45,848,096 | $70,946,607 | XML |
| 990 | May 2024 | $50,393,974 | $46,825,742 | $73,497,955 | XML |
| 990 | May 2023 | $41,705,503 | $43,774,988 | $69,711,638 | XML |
| 990 | May 2022 | $42,449,331 | $41,909,328 | $72,952,113 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 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 42-0680408).
Questions about CLARKE UNIVERSITY OF DUBUQUE IOWA
- What is the EIN of CLARKE UNIVERSITY OF DUBUQUE IOWA?
- The employer identification number (EIN) of CLARKE UNIVERSITY OF DUBUQUE IOWA is 42-0680408.
- Is CLARKE UNIVERSITY OF DUBUQUE IOWA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Which annual return does CLARKE UNIVERSITY OF DUBUQUE IOWA 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 CLARKE UNIVERSITY OF DUBUQUE IOWA due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CLARKE UNIVERSITY OF DUBUQUE IOWA last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of CLARKE UNIVERSITY OF DUBUQUE IOWA?
- The 990 for the year ended May 31, 2025 names Fletcher Lamkin.
- Who are the officers and directors of CLARKE UNIVERSITY OF DUBUQUE IOWA?
- The 990 for the year ended May 31, 2025 lists 33 people; 9 received compensation from the organization, the highest $151,149 (Elizabeth A McGrath, Treasurer-VP Business/Finance).
- How much revenue does CLARKE UNIVERSITY OF DUBUQUE IOWA have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $42,241,743, expenses of $45,848,096 and total assets of $70,946,607 at year end.
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- CONVIVIUM URBAN FARMSTEAD EIN 47-2427763 · last filed 990 for 2025
- DUBUQUE ELECTRICAL APPRENTICESHIP TRUST EIN 46-2897549 · last filed 990 for 2025
- AVERY FOUNDATION EIN 82-1688382 · last filed 990 for 2025
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