Source of information about of non-profits and private foundations.

Cornell College (EIN: 42-0680335 )

Overview

Cornell College is was formed in 1854 in Mount vernon, IA. Organization is led by Jonathan Brand, and had governing board consisting of 43 members. In 2015 this non-profit organization had 1154 employees.

Primary Exempt Statement

Cornell college offers an innovative and rigorous learning community where faculty and staff collaborate with students to develop the intellectual curiosity, creativity and moral courage necessary for a lifetime of learning and engaged citizenship.

Finances and Program Service Revenues

It had revenue of $55,983,040.00 and expenses $59,753,472.00 between July 2015 and June 2016 that year it had program service revenue of $47,778,500.00 and program service expenses $53,387,000.00 .

Cornell College started 2015 with $190,612,434.00 in assets, and finished it with $184,413,049.00

Revenue has not always exceeded expenses. Program service expenses have exceeded program service revenue for all of the reporting periods. While total assets of have grown in some years, it also had shrinked in other years.

More information available in detailed financial report for years 2009, 2010, 2011, 2012, 2013, 2014 and 2015
Tax Year Total Revenue Total Expenses Net Revenues Total Assets BOY Total Assets EOY Change in Assets
July 2009 - June 2010 $47,678,831.00 $49,432,246.00 -$1,753,415.00 $147,516,668.00 $149,164,117.00 $1,647,449.00
July 2010 - June 2011 $52,772,831.00 $54,531,469.00 -$1,758,638.00 $149,164,117.00 $150,734,632.00 $1,570,515.00
July 2011 - June 2012 $58,339,892.00 $57,915,609.00 $424,283.00 $150,734,632.00 $149,319,557.00 -$1,415,075.00
July 2012 - June 2013 $61,408,701.00 $58,325,181.00 $3,083,520.00 $149,319,557.00 $153,284,211.00 $3,964,654.00
July 2013 - June 2014 $71,603,174.00 $61,262,868.00 $10,340,306.00 $153,284,211.00 $177,221,199.00 $23,936,988.00
July 2014 - June 2015 $78,513,553.00 $58,590,189.00 $19,923,364.00 $177,221,199.00 $190,612,434.00 $13,391,235.00
July 2015 - June 2016 $55,983,040.00 $59,753,472.00 -$3,770,432.00 $190,612,434.00 $184,413,049.00 -$6,199,385.00

Governance

Cornell College has large board consisting of 43 members. The board members are John D Mcgrane as board chair, Gilda V Boyer as chair, elect, vice chair college advancement, Thomas Durham as chair, governance committee, Mildred Carstensen as at-large, Jean Russell as vice chair, academic/student affairs, Loren Hiratzka as vice chair, enrollment & comm policy, Linda Koehn as vice chair, blds & grounds policy, Frances Kao as vice chair, business affairs policy, John Bickel as trustee, Andrew Briscoe as trustee, Peter S Bryant as trustee, Albert Cornelison as trustee, Steven Deangeles as trustee, Neil Eckles as trustee, Maricruz Gutierrez-villa as trustee, Angelica Hall as trustee, Kalissa Holdcraft as trustee, Fred Holtz as trustee, Jeffrey Jensen as trustee, Maureen Johnson as trustee, Judy Jorgensen as trustee, Taylor Koch as trustee, Stuart Lehr as trustee, Robert Mclennan as trustee, Edward Meads as trustee, Peter Morris as trustee, Janene Panfil as trustee, Jerry N Ringer as trustee, Scott Simmer as trustee, John Smith as trustee, Sheryl Atkinson Stoll as trustee, Jan Thomas as trustee, John Turner as trustee, Maxine Urheim as trustee, Richard Williams as trustee, Jonathan Brand as president, Kay Langseth as treasurer/vp of business affairs, Pam Gerard as vp for advancement, Ronald Joe Dieker as vp for academic affairs, Colleen Murphy as vp for enrollment, John Harp as vp for student affairs, Paul Gray as professor and Joel Miller as facilities staff director.
Tax Returns

More information on individual tax returns for 2009, 2010, 2011, 2012, 2013, 2014, 2015 year.

Web Presence

Cornell College maintains following web sites:

Address

Cornell College was located on 2 different addresses. Cornell College
600 FIRST STREET N
MOUNT VERNON, IA 52314

Business Officer

Years: 2009, 2010 and 2011
Karen Mercer
Treasurer & Vp Of Business
(319) 895-xxxx

Years: 2012, 2013, 2014 and 2015
Kay Langseth
Treasurer & Vp Of Business
(319) 895-xxxx

Board of Directors

Governing board for each of tax years 2009, 2010, 2011, 2012, 2013, 2014, 2015 .

In tax year 2015 board of directors consisted of: