1. Directory
  2. North Carolina
  3. Hickory
  4. Lenoir-Rhyne University (LR)
EIN 56-0556753

Lenoir-Rhyne University (LR)

IRS 501(c) type
501(c)(3)
Num. employees
976
City
Hickory
State
North Carolina
Year formed
1905
Most recent tax filings
2023-05-01
NTEE code, primary
B42: Undergraduate College (4-year)
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
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$324,800
Lettie Pate Whitehead FoundationFor Nursing Scholarships.$220,000
O Leonard Moretz Foundation TuaGeneral Support$212,500
...and 38 more grants received totalling $1,852,676

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
Catherine NiekroVice President Institutional Advancement$188,995
Rachel NicholsVice President Enrollment$146,366
...and 24 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
Quincy University CorporationQuincy, IL$51,656,105
Union CollegeBarbourville, KY$27,643,135
Houghton UniversityHoughton, NY$34,286,849
Belmont Abbey CollegeBelmont, NC$59,979,946
Eastern Mennonite University (EMU)Harrisonburg, VA$54,688,488
Assumption UniversityWorcester, MA$116,907,832
Wheeling Jesuit University (WJU)Wheeling, WV$28,902,624
Florida CollegeTemple Terrace, FL$32,938,126
MidAmerica Nazarene University (MNU)Olathe, KS$48,266,898
Greenville UniversityGreenville, IL$41,589,427
Data update history
August 26, 2024
Received grants
Identified 15 new grant, including a grant for $60,000 from TSH Charitable Foundation
May 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 4 new personnel
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)
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
ChristianReligiousState / local levelReceives government fundingEndowed supportProvides scholarshipsTax deductible donationsAccepts online 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
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Exempt
FTB status revoked
Not revoked
AG Registration Number
CT0248776
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-10-16
Free account sign-up

Want updates when LR has new information, or want to find more organizations like Lenoir-Rhyne University (LR)?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy