EIN 42-0680332

Iowa Wesleyan University (IWU)

IRS 501(c) type
501(c)(3)
Num. employees
430
State
Year formed
1842
Most recent tax filings
2022-05-01
Description
Iowa Wesleyan University is a fully accredited, coeducational liberal arts university. Founded in 1842, it has a rich history of innovation in education, pioneering in the sciences, educational opportunities for women and service-learning.
Also known as...
Iowa Wesleyan College
Total revenues
$30,901,854
2022
Total expenses
$32,085,475
2022
Total assets
$33,894,397
2022
Num. employees
430
2022

Program areas at IWU

The University is accredited as a baccalaureate institution by the higher learning commission. Student payments of tuition and service fees are used to provide the highest possible quality education at the lowest possible cost. The University enrolled 835 full and part time students in the fall semester of 2021 and 761 students in the spring semester of 2022.
Scholarship programs for scholarships and grants to 612 students.
Auxiliary enterprises for the benefit of the students (residence halls, dining, etc.) The University had 517 students living on campus during the fall 2021 semester. The University had 479 students living on campus during the spring 2022 semester. All students living on campus also purchased meal plans.
Students services, including student development, academic and career counseling, athletics, financial assistance and other services, was provided to 835 full and part time students in the fall semester of 2021 and 761 students in the spring semester of 2022.

Who funds Iowa Wesleyan University (IWU)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Albert J Schmidt TrustCharitable$100,311
Georgia Goodell TrustScholarship Aid To Selected$45,179
Iowa College FoundationProvide Scholarships$43,094
...and 14 more grants received
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT STUDENT LOANS$4,156,943
Department of EducationFEDERAL PELL GRANT PROGRAM$2,006,281
Department of EducationEDUCATION STABILIZATION FUND$973,838
...and 4 more federal grants / contracts

Personnel at IWU

NameTitleCompensation
Rebecca BecknerVice President Student D$102,061
Derek ZanderVice President Advanceme$108,423
Chris PlunketPresident$188,200
Steven TitusFormer Presi / Former President / Former Presi / Former President$155,834
Christine PlunkettPresident$0
...and 17 more key personnel

Financials for IWU

RevenuesFYE 05/2022
Total grants, contributions, etc.$4,781,584
Program services$26,052,717
Investment income and dividends$36,853
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$26,050
Net gain from sale of non-inventory assets$4,650
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$30,901,854

Form 990s for IWU

Fiscal year endingDate received by IRSFormPDF link
2022-052023-04-18990View PDF
2020-052021-04-14990View PDF
2019-052020-10-05990View PDF
2018-052019-06-19990View PDF
2017-052018-05-14990View PDF
...and 9 more Form 990s

Organizations like IWU

OrganizationLocationRevenue
Bennett CollegeGreensboro, NC$19,731,439
Midway UniversityMidway, KY$32,615,868
Ursuline CollegePepper Pike, OH$39,987,397
Alverno CollegeMilwaukee, WI$50,194,378
Salem Academy and CollegeWinston Salem, NC$38,128,049
Trinity Washington UniversityWashington, DC$58,037,321
Saint Mary's CollegeNotre Dame, IN$143,002,673
College of Saint BenedictSaint Joseph, MN$117,974,549
College of Our Lady of the ElmsChicopee, MA$52,596,460
Agnes Scott CollegeDecatur, GA$93,158,122
Data update history
June 25, 2023
Updated personnel
Identified 2 new personnel
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Updated personnel
Identified 4 new personnel
June 10, 2023
Used new vendors
Identified 1 new vendor, including
May 14, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
SchoolsHigher ed institutions
Issues
EducationWomen and girls
Characteristics
ChristianReligiousState / local levelReceives government fundingEndowed supportProvides scholarshipsTax deductible donations
General information
Address
601 N Main St
Mount Pleasant, IA 52641
Metro area
Iowa City, IA
County
Henry County, IA
Website URL
iw.edu/ 
Phone
(800) 582-2383
Facebook page
IowaWesleyan 
Twitter profile
@iowawesleyan 
IRS details
EIN
42-0680332
Fiscal year end
May
Taxreturn type
Form 990
Year formed
1842
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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