EIN 56-0556753

Lenoir-Rhyne University (LR)

IRS 501(c) type
501(c)(3)
Num. employees
976
Year formed
1905
Most recent tax filings
2023-05-01
Description
Lenoir-Rhyne is a private, coeducational university affiliated with the North Carolina Synod of the Evangelical Lutheran Church and open to students from all religious backgrounds.
Total revenues
$98,592,040
2023
Total expenses
$100,020,015
2023
Total assets
$291,244,186
2023
Num. employees
976
2023

Program areas at LR

Provide educational programs & confer degrees for 57 undergraduate & 24 graduate academic programs of study.
Provide educational programs & confer masters level graduate degrees in counseling, athletic training, business & occupational therapy.
Provide student life programs to residential & commuter students as part of their academic experiences at the University.

Who funds Lenoir-Rhyne University (LR)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Charles A Cannon Charitable Trust No 1Hvac in Pe Monroe Auditorium$300,000
Lettie Pate Whitehead FoundationFor Nursing Scholarships.$220,000
O Leonard Moretz Foundation TuaGeneral Support$216,000
...and 38 more grants received totalling $2,051,910

Personnel at LR

NameTitleCompensation
Chris PeekPresident and Chief Executive Officer Caromont Health$0
Katherine McKenzieTrustee$0
Jeremy ShreveVice President of Finance and Administration$191,068
Cat NiekroVice President of Institutional Advancement
Catherine NiekroVice President Institutional Advancement$188,995
...and 26 more key personnel

Financials for LR

RevenuesFYE 05/2023
Total grants, contributions, etc.$16,138,525
Program services$77,374,110
Investment income and dividends$7,151,216
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$58,719
Net gain from sale of non-inventory assets$-2,130,530
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$98,592,040

Form 990s for LR

Fiscal year endingDate received by IRSFormPDF link
2023-052024-03-26990View PDF
2022-052023-04-04990View PDF
2021-052022-04-12990View PDF
2020-052021-04-15990View PDF
2019-052020-10-05990View PDF
...and 10 more Form 990s

Organizations like LR

OrganizationLocationRevenue
Marywood UniversityScranton, PA$116,155,084
Simpson CollegeIndianola, IA$63,596,291
Hastings CollegeHastings, NE$59,370,727
McPherson CollegeMcpherson, KS$65,375,899
Wilmington CollegeWilmington, OH$36,397,348
Davidson CollegeDavidson, NC$353,448,425
William Penn UniversityOskaloosa, IA$45,582,134
Northwestern Media (UNWSP)Saint Paul, MN$124,304,779
Austin CollegeSherman, TX$83,506,896
Nebraska Methodist College of Nursing and Allied HealthOmaha, NE$27,780,774
Data update history
May 18, 2024
Used new vendors
Identified 2 new vendors, including , and
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $22,250 from Council of Independent Colleges (CIC)
February 4, 2024
Received grants
Identified 12 new grant, including a grant for $220,000 from Lettie Pate Whitehead Foundation
October 25, 2023
Received grants
Identified 6 new grant, including a grant for $216,000 from O Leonard Moretz Foundation Tua
July 5, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
ChristianReligiousState / local levelReceives government fundingEndowed supportProvides scholarshipsTax deductible donations
General information
Address
PO Box 7164
Hickory, NC 28603
Metro area
Hickory-Lenoir-Morganton, NC
County
Catawba County, NC
Website URL
lr.edu/ 
Phone
(828) 328-7300
Facebook page
LenoirRhyne 
Twitter profile
@lenoirrhyne 
IRS details
EIN
56-0556753
Fiscal year end
May
Taxreturn type
Form 990
Year formed
1905
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Independent
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