VALPARAISO, IN
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Sign In — Free (10 views/day)THE LUTHERAN UNIVERSITY ASSOCIATION INC, founded in 1925, is a major nonprofit in the Education sector that reported $187.6M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Net assets of $441.9M represent 28 months of operating reserves.
VALPARAISO UNIVERSITY IS A COMPREHENSIVE, PRIVATE UNIVERSITY WITH A LUTHERAN HERITAGE THAT SERVES MORE THAN 2,000 FULL AND PART TIME STUDENTS. THE UNIVERSITY HAS RECEIVED SPECIAL RECOGNITION FOR ITS OUTSTANDING TEACHING AND EDUCATIONAL VALUE. MORE THAN 60 UNDERGRADUATE DEGREE PROGRAMS AND INTERDISCIPLINARY OPTIONS ARE OFFERED THROUGHOUT THE UNIVERSITY AT FIVE UNDERGRADUATE COLLEGES: ARTS AND SCIENCES, BUSINESS, ENGINEERING, NURSING AND HEALTH PROFESSIONS, AND CHRIST COLLEGE.
Undergraduate programs - Valparaiso University enrolls more than 2,000 undergraduate students in more than 60 academic programs that integrate the best of the liberal arts with professional...
Undergraduate programs - Valparaiso University enrolls more than 2,000 undergraduate students in more than 60 academic programs that integrate the best of the liberal arts with professional preparation. Programs are offered through the Colleges of Arts and Sciences, Business, Engineering, and Nursing and Health Professions, as well as Christ College, Valparaiso University's Honors College. Valpo has been named one of the best values nationwide for 2025 by U.S. News & World Report. In addition, the College of Nursing and Health Professions, the College of Business and the College of Engineering have been recognized for quality. Valparaiso University sponsors numerous international study opportunities and is recognized as a model in preparing graduates with strong cross-cultural skills and global awareness. The overall placement rate for Valparaiso University graduates from the class of 2024 was 98.2%. Valparaiso University's Division I Athletics teams continue to succeed in the classroom, with many honors bestowed upon Valpo student-athletes by the Missouri Valley Conference for the 2024-2025 academic and athletic year - 12 student-athletes received the President's Council Academic Excellence Honor, the Missouri Valley Conference's highest academic honor; 84 student-athletes achieved the Commissioner's Academic Excellence Award; and 225 student-athletes were named to the Missouri Valley Conference Honor Roll.
VALPARAISO UNIVERSITY PROVIDES ADDITIONAL SERVICES TO STUDENTS INCLUDING HOUSING AND DIVISION I ATHLETICS OPPORTUNITIES. ALSO, THE UNIVERSITY SUPPORTS THEATRE, MUSIC AND VISUAL ARTS PROGRAMS...
VALPARAISO UNIVERSITY PROVIDES ADDITIONAL SERVICES TO STUDENTS INCLUDING HOUSING AND DIVISION I ATHLETICS OPPORTUNITIES. ALSO, THE UNIVERSITY SUPPORTS THEATRE, MUSIC AND VISUAL ARTS PROGRAMS BENEFICIAL TO STUDENTS AS WELL AS THE GENERAL PUBLIC.
Graduate Programs - Valparaiso University's Graduate Office offers more than 25 graduate and certificate programs that are fully integrated into the Colleges of Arts and Sciences, Business, and...
Graduate Programs - Valparaiso University's Graduate Office offers more than 25 graduate and certificate programs that are fully integrated into the Colleges of Arts and Sciences, Business, and Nursing and Health Professions. With rolling admissions, multiple start terms per year, and flexible course delivery options, graduate programs meet the needs of today's adult learners. With a majority of offerings at the professional master's level (plus doctorates of nursing practice and occupational therapy), graduate programs emphasize academic rigor, practical application for market ready skills, and career and professional development. In fall 2025, 380 students were enrolled in graduate studies with 31 international students and 88 students who did not self-identify as white. Comprehensive academic support provides a full-service complement to the cultural, emotional, and intellectual development of Valparaiso University graduate students.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $187,644,738 | $167,303,144 | +0.1% |
| Expenses | $201,335,936 | $194,804,715 | +0.0% |
| Net Income | $-13,691,198 | $-27,501,571 | -0.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOSE PADILLA | PRESIDENT | 60.0 |
Officer
Director
|
$466,886 | $88,904 | $555,790 |
| ANDREW NUNEMAKER | DIRECTOR | 2.0 |
Director
|
$0 | $0 | $0 |
| BRUCE LANING | DIRECTOR | 6.0 |
Director
|
$0 | $0 | $0 |
| CAROLYN SCHLIE FEMOVICH | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER GOOD | DIRECTOR | 2.0 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER R PETRINI-POLI | DIRECTOR | 3.0 |
Director
|
$0 | $0 | $0 |
| COLETTE IRWIN-KNOTT | DIRECTOR | 5.0 |
Director
|
$0 | $0 | $0 |
| CRAIG DWIGHT | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| DANIELLE IDDINS | DIRECTOR | 3.0 |
Director
|
$0 | $0 | $0 |
| DAVID BOCHNOWSKI | DIRECTOR | 2.0 |
Director
|
$0 | $0 | $0 |
| EMILY CHASE | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| GEOFF GILLMORE | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| JEFFREY DOBBS | DIRECTOR | 3.0 |
Director
|
$0 | $0 | $0 |
| Jill Bodensteiner | DIRECTOR | 2.0 |
Director
|
$0 | $0 | $0 |
| Jon DeGuilio | DIRECTOR | 2.0 |
Director
|
$0 | $0 | $0 |
| JON STEINBRECHER | DIRECTOR | 7.0 |
Director
|
$0 | $0 | $0 |
| JULIE WINKLER | BOARD VICE-CHAIR | 2.0 |
Director
|
$0 | $0 | $0 |
| Lindsay Roettger | DIRECTOR | 2.0 |
Director
|
$0 | $0 | $0 |
| LOUIE GONZALEZ | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| MARION MOON | DIRECTOR | 4.0 |
Director
|
$0 | $0 | $0 |
| MARK DUESENBERG | DIRECTOR | 8.0 |
Director
|
$0 | $0 | $0 |
| NOE ORTEGA | DIRECTOR | 9.0 |
Director
|
$0 | $0 | $0 |
| PAUL STRASEN | DIRECTOR | 3.0 |
Director
|
$0 | $0 | $0 |
| PHILIP SPAHN | DIRECTOR | 3.0 |
Director
|
$0 | $0 | $0 |
| ROBERT HANSEN JR | BOARD CHAIR | 4.0 |
Director
|
$0 | $0 | $0 |
| Sara Manske | DIRECTOR | 2.0 |
Director
|
$0 | $0 | $0 |
| Scott Buckey | DIRECTOR | 2.0 |
Director
|
$0 | $0 | $0 |
| SUSAN JENNY EHR | DIRECTOR | 6.0 |
Director
|
$0 | $0 | $0 |
| DARRON FARHA | VP & GENERAL COUNSEL | 60.0 |
Officer
|
$261,685 | $25,667 | $287,352 |
| ERIC JOHNSON | PROVOST AND EXECUTIVE VP | 60.0 |
Officer
|
$295,431 | $38,069 | $333,500 |
| JILL SCHUR | VP FOR ENROLLMENT AND MARKETING (LEFT 05/23) | 60.0 |
Officer
|
$268,004 | $16,212 | $284,216 |
| MARIE FOSTER-BRUNS | VP FOR ADVANCEMENT | 60.0 |
Officer
|
$264,140 | $20,689 | $284,829 |
| MARK VOLPATTI | SR VP OF FINANCE | 60.0 |
Officer
|
$269,240 | $22,545 | $291,785 |
| Greg Johnson | Dean College Arts & Sciences | 60.0 |
Key Emp
|
$155,961 | $27,835 | $183,796 |
| Doug Tougaw | Dean College Engineering | 60.0 |
Highest
|
$187,920 | $30,650 | $218,570 |
| KAREN ALLEN | Dean of the College of Nursing | 40.0 |
Highest
|
$204,211 | $17,558 | $221,769 |
| NICLAS ERHARDT | Dean of the College of Business | 40.0 |
Highest
|
$223,950 | $14,819 | $238,769 |
| ROGER POWELL | Head Coach Men's Basketball | 40.0 |
Highest
|
$515,831 | $40,033 | $555,864 |
| Tamara Gingerich | Assoc VP of Finance (LEFT 03/21) | 60.0 |
Highest
|
$198,135 | $12,445 | $210,580 |
| Steven Janowiak | VP Student Life | 60.0 |
|
$262,966 | $27,086 | $290,052 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $187,644,738 | $201,335,936 | $606,524,754 | $-13,691,198 |
| 2024 | $167,303,144 | $194,804,715 | $602,858,223 | $-27,501,571 |
| 2023 | $165,456,496 | $189,108,097 | $612,467,905 | $-23,651,601 |
| 2022 | $194,686,967 | $206,305,516 | $643,359,261 | $-11,618,549 |
| 2021 | $197,856,544 | $189,300,150 | $674,383,035 | $8,556,394 |
| 2020 | $192,641,554 | $204,953,827 | $578,078,702 | $-12,312,273 |
| 2019 | $191,580,438 | $217,269,217 | $585,354,605 | $-25,688,779 |
| 2018 | $199,153,602 | $205,381,421 | $593,756,639 | $-6,227,819 |
Compare THE LUTHERAN UNIVERSITY ASSOCIATION INC with other nonprofits in Indiana and across the country.