John Sutherland Our Savior/Rush River Church Beldenville, Wisconsin Caroline Svob Trinity Lutheran Church Canton, Illinois David Swan Lutheran Church of the Good Shepherd Hazelwood, Missouri Christine Swannell ‘73 Ascension Lutheran Church Milwaukee Keith Swanson Incarnation Lutheran Church Green Bay, Wisconsin Philip and Paula Swasko ‘81/’82 Berwyn United Lutheran Church Berwyn, Illinois De Anne Swenson Lutheran Church of the Good Shepherd Eau Claire, Wisconsin Joan Swessel Christ the Victor Lutheran Church New Berlin, Wisconsin Julie Swiggum Redeemer Lutheran Church Rio, Wisconsin Jeffrey and Julie Tavs ‘91/’93 Immanuel Lutheran Church Waupun, Wisconsin Kenneth Tegtmeier Zion Lutheran Church Farmersville, Illinois Priscilla Tentoni ‘70 King of Glory Lutheran Church Greenfield, Wisconsin Shavonne Terry Ashburn Lutheran Church Chicago Steve Terry St. John Lutheran Church Bloomington, Illinois Marva Tetting ‘75 St. Paul’s Lutheran Church Kenosha, Wisconsin Thomas Tews Peace Lutheran Church, St. John Lutheran Church, St. Matthew Lutheran Church, Zion Lutheran Church Tilleda and Bowler, Wisconsin Mona Theisen Bethlehem Lutheran Church DeKalb, Illinois Kristal Thieding St. Peter Lutheran Church Loganville, Wisconsin Kathy Thiele Faith Lutheran Church Cedarburg, Wisconsin Sandy Thoma Calvary Lutheran Church Neillsville, Wisconsin Sabine Thomas Zion Lutheran Church North Manchester, Indiana Fred Thomas-Breitfeld Jackson Park Lutheran Church Milwaukee Viviane Thomas-Breitfeld Good Shepherd Lutheran Church Waukesha, Wisconsin
ANNUAL REPORT 2012
Julie Thompson Bethany Lutheran Church, Calvary Lutheran Church, First Lutheran Church and Grace Lutheran Church, and Swedona Lutheran Church Lynn Center, New Windsor, Ophiem, Sherrard, Woodhull, Illinois
Russ Trachte Fountain Lutheran Church and Trinity Lutheran Church Hustler, Wisconsin Betty Tranberg Living Hope Lutheran Church Ettrick, Wisconsin
Krista Thompson ‘06 Barneveld Lutheran Church Barneveld, Wisconsin
Kristen and Jeff Travis ‘88 Immanuel Evangelical Lutheran Church Watertown, Wisconsin
Marcia Thompson Barneveld Lutheran Church Barneveld, Wisconsin
Neal Traxel Christ the King Lutheran Church Port Washington, Wisconsin
Renee Thompson Faith Lutheran Church Marshfield, Wisconsin
Kimberly Trent Lake Edge Lutheran Church Madison, Wisconsin
Calvin Thoreson Little Norway Lutheran Church and Squaw Creek Lutheran Church Black River Falls, Wisconsin
Karen Tribbey Burke Lutheran Church Madison, Wisconsin
Ireve Thorson Hainesville Lutheran Church Sturgeon Bay, Wisconsin Marilyn Thurber Redeemer/Christ Lutheran Church Hudson, Wisconsin Steven Tibbetts Zion Lutheran Church Peoria, Illinois Elyse Tillman Resurrection Lutheran Church Godfrey, Illinois Lowell Timm Capitol Drive Lutheran Church Milwaukee Roger Timm Ascension Lutheran Church Riverside, Illinois Penny Timmons St. James Lutheran Church Rock Island, Illinois Vicki Tollakson Adams/Argyle Lutheran Church Argyle, Wisconsin Nathan Tolzmann Ebenezer Lutheran Church Chicago
Jay Trygstad St. Mark Lutheran Church Worth, Illinois
Rita Verhey St. Stephen Lutheran Church Midlothian, Illinois
Fred and Cynthia Vogt ‘76/’76 Hope Lutheran Church Long Grove, Illinois
Michael Vetsch Lyster Lutheran Church Nelson, Wisconsin
Mary Voigt ‘77 St. Paul Lutheran Church Peoria, Illinois
Robert Vetter Albany Lutheran Church Albany, Wisconsin
Delores Vojtko ‘57 Holy Cross Lutheran Church Libertyville, Illinois
Kristine Victory ‘89 Redeemer Lutheran Church Woodstock, Illinois
Jean Von Rohr ‘68 Mount Carmel Lutheran Church Milwaukee
Gene Vincent First Lutheran Church Ohio, Illinois
Peter Vorhes Faith Lutheran Church Calumet, Michigan
Sharon Vislay St. Paul Lutheran Church Temperance, Michigan
Barbara Voss Tabor Lutheran Church Rockford, Illinois
Cyndi Voeck Bristol Lutheran Church Sun Prairie, Wisconsin
Evelyn Tucker First Lutheran Church Iron River, Michigan Cindy Turner Salem Lutheran Church Peoria, Illinois David and Rita Tweed ‘81 Joyful Servants Lutheran Church Tampa, Florida Elizabeth Twiton ‘78 St. Paul’s Lutheran Church La Crosse, Wisconsin David Ufkes Immanuel Lutheran Church Marseilles, Illinois Jack Ufkes ‘59 Trinity Lutheran Church Carthage, Illinois Ollie Ulvilden Bethany Lutheran Church Ephraim, Wisconsin Beverly Unglaube ‘67 Grace Lutheran Church Woodstock, Illinois
Nicole Tolzmann-Surinak Reformation Lutheran Church Brookfield, Wisconsin
James and LaRue Unglaube ‘63/’64 Our Saviour’s Lutheran Church Minneapolis
Peggy Tomaszewski Grace Lutheran Church Alpena, Michigan
Tamra Uteg Pilgrim Lutheran Church Indianapolis
John Tompsett ‘79 Church of the Resurrection Pewaukee, Wisconsin
Nick Utphall St. Stephen Lutheran Church Monona, Wisconsin
Debbie Tomsky Joyful Spirit Lutheran Church Bolingbrook, Illinois
Mary Van Ryzin ‘94 St. Luke’s Lutheran Church Greendale, Wisconsin
Peg Tooley Holy Trinity Lutheran Church Marshall, Wisconsin
Melissa Van Tassell St. John Lutheran Church Janesville, Wisconsin
Connie Torkelson Orfordville Lutheran Church Orfordville, Wisconsin
Ruth VanDemark Wicker Park Lutheran Church Chicago
Richard Tornberg ‘69 Geneva Lutheran Church Geneva, Illinois
Glen Vanderkloot Faith Lutheran Church Springfield, Illinois
Jane Tornow ‘70 Gloria Dei Lutheran Church Neenah, Wisconsin
Valerie Vandermeuse Ascension Lutheran Church Green Bay, Wisconsin
Meredith Townsend St. John’s Lutheran Church Elizabeth, Illinois
Rebecca Venn ‘89 Peace Lutheran Church Rosendale, Wisconsin
Daniel and Marianne Wachholz ‘60/’59 Epiphany Evangelical Lutheran Church Elmhurst, Illinois Craig Wagner Christ Lutheran Church Palatine, Illinois Judy Wagner Grace Lutheran Church Pembine, Wisconsin Greg Wajerski ‘71 Arbutus Lutheran Church Pearson, Wisconsin Cindy Waldbillig St. James Lutheran Church Verona, Wisconsin June Waller ‘63 Good Shepherd Lutheran Church Chicago
Statement of Financial Position June 30, 2011
Assets Cash and Cash Equivalents $11,244,028 Student Accounts Receivable (net) 2,183,236 Other Receivables 664,316 Government Grants Receivable 1,167,688 Prepaid Expenses and Other Assets 495,272 Investments 8,923,653 Endowment Investments 50,712,984 Deposits 612,158 Student Notes Receivable (net) 2,352,792 Funds Held by Others 86,211 Construction in Progress 14,853,983 Property, Plant and Equipment (net) 107,526,514
Total Assets
$200,822,835
Liabilities and Net Assets Liabilities Accounts Payable and Accrued Liabilities Capital Lease Obligations Deferred Revenue Deposits Held in Custody for Others Annuities Payable Asset Retirement Obligation Misc. Notes Payable Capital Lease Obligations Long-Term Debt Government Grants Refundable
Total Liabilities
$7,554,326 7,887,964 295,927 1,634,568 526,271 29,262 1,141,822 26,700,000 2,690,030 $48,460,170
Net Assets Unrestricted $100,614,846 Temporarily Restricted 23,083,128 Permanently Restricted 28,664,691
Total Net Assets
Total Liabilities and Net Assets
$152,362,665 $200,822,835 43