2026-04-15T08:42:28+00:00 2025-05-31 440160260 Forvis Mazars LLP 8200 W Interstate 10 Suite 900 San Antonio TX 782303806 990 2024-06-01 741109631 OUR LADY OF THE LAKE UNIVERSITY OF SAN ANTONIO OURL 2104346711 411 SW 24TH Street San Antonio TX 78207 Edith T Cogdell Chief Financial Officer 2104313903 2026-04-15 true Robert Ulloa P01953132 2103419400 2026-04-15 2024 2025-03-06 01:10:19Z DR ABEL A CHAVEZ PRESIDENT 411 SW 24TH Street San Antonio TX 78207 102853476 false X www.ollusa.edu X 1957 TX AS A CATHOLIC UNIVERSITY SPONSORED BY THE SISTERS OF DIVINE PROVIDENCE, OUR LADY OF THE LAKE UNIVERSITY IS A COMMUNITY COMMITTED TO SERVE STUDENTS BY: (CONTINUED ON SCHEDULE O) 24 23 1089 30 0 0 15397336 20648104 52286903 50560796 5628465 13197087 290156 263231 73602860 84669218 21130193 22358369 0 29334790 28985665 0 1400694 27649737 26583344 78114720 77927378 -4511860 6741840 110028638 112369015 35821535 31672429 74207103 80696586 AS A CATHOLIC UNIVERSITY SPONSORED BY THE SISTERS OF DIVINE PROVIDENCE, OUR LADY OF THE LAKE UNIVERSITY IS A COMMUNITY WHOSE MEMBERS ARE COMMITTED TO SERVE STUDENTS BY: (CONTINUED ON SCHEDULE O). false false 68957408 22358369 50727159 OUR LADY OF THE LAKE UNIVERSITY OF SAN ANTONIO (UNIVERSITY) WAS FOUNDED IN 1895 BY THE CONGREGATION OF DIVINE PROVIDENCE WHICH CONTINUES AS ITS SPONSORING ORGANIZATION. IT IS A PRIVATE, CATHOLIC, COEDUCATIONAL INSTITUTION WITH AN ENROLLMENT OF MORE THAN 2,000 STUDENTS. THE UNIVERSITY'S MAIN RESIDENTIAL CAMPUS IS IN SAN ANTONIO, TEXAS, AND IT HAS NONTRADITIONAL PROGRAMS IN SAN ANTONIO, HOUSTON, THE RIO GRANDE VALLEY (LA FERIA), AND ONLINE. THE UNIVERSITY IS ACCREDITED BY THE COMMISSION ON COLLEGES OF THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS TO AWARD BACHELOR'S, MASTER'S AND DOCTORAL DEGREES. 68957408 true true false false false false false true false true true false false false true false false true true false false false false false true false false false true true false false false false false false true false false false false false false false false true true false false false true 166 0 true 1089 true false false false false false true true false false false false false false X 24 23 false false false false true true true true true false false false false true true true true true true true false false X EDITH T COGDELL 2104346711 411 SW 24TH STREET San Antonio TX 782074689 Dr Abel A Chavez President/ Ex Officio 39.7 0.3 X X 376734 0 48075 DR LORENA G GONZALEZ BOARD VICE CHAIR 2.0 0.1 X X 0 0 0 Laura Cortez Secretary 2.0 0.1 X X 0 0 0 Paul Olivier Immediate Past Chair 2.0 0.1 X X 0 0 0 Steve O'Donnell Chairman of the Board 5.0 0.1 X X 0 0 0 Armando Medina Trustee 2.0 0.0 X 0 0 0 Dr Antoinette Hill Trustee 2.0 0.1 X 0 0 0 Dr Bertha Perez Trustee 2.0 0.0 X 0 0 0 Dr Denise J Doyle Trustee 2.0 0.1 X 0 0 0 Dr Katharine Schlosberg Trustee 2.0 0.0 X 0 0 0 Dr Peter P Soltys Trustee 2.0 0.0 X 0 0 0 FRANCISCO GONZABA TRUSTEE 2.0 0.0 X 0 0 0 Frank Guerra Trustee 2.0 0.0 X 0 0 0 Gregorio Flores Trustee 2.0 0.1 X 0 0 0 Janie Barrera Trustee 2.0 0.1 X 0 0 0 JIM PERSCHBACH TRUSTEE 2.0 0.0 X 0 0 0 Joshua A Sutin Trustee 2.0 0.0 X 0 0 0 Katrina B Mohrer Trustee 2.0 0.0 X 0 0 0 LON W TAYLOR TRUSTEE 2.0 0.0 X 0 0 0 RICHARD ACOSTA TRUSTEE 2.0 0.0 X 0 0 0 Romanita Matta-Barrera Trustee 2.0 0.0 X 0 0 0 Sr Anita Brenek CDP Trustee 2.0 0.0 X 0 0 0 Sr Joyce Detzel CDP Trustee 2.0 0.0 X 0 0 0 Sr L Suzanne Dancer CDP Trustee 2.0 0.0 X 0 0 0 Sr Rose Kruppa CDP Superior General - Ex Officio 2.0 0.1 X 0 0 0 Edith T Cogdell CFO (From 7/2024) 39.7 0.3 X 138446 0 11309 Dr George A Williams Jr Chief of Staff 40.0 0.0 X 202733 0 22004 Dr Alan J Silva Provost and VP for Academic Affairs 40.0 0.0 X 138170 0 9630 Dr Candace DeLeon-Zepeda Dean of Academics/Associate Provost 40.0 0.0 X 135174 0 29003 Dr Victoria Pineda VP of Institutional Advancement 40.0 0.0 X 133539 0 10693 Paul Patillo Chief Technology Officer 40.0 0.0 X 145860 0 8439 Phillip Vargas Chief Human Resources Officer 40.0 0.0 X 126828 0 21562 1397484 0 160715 25 false true false Chartwells Dining Services 2 International Drive Rye Brook NY 105731094 Food Service 2488578 Wiley Edu LLC 1415 W 22nd St Suite 800 Oak NY 605232023 Educational Partner Services 1488228 Derck & Edson 33 S Broad St Lititz PA 175431415 Architect 820628 Follett 3 Westbrook Corporate Ctr Westchester IL 601545728 Bookstore 778999 Ellucian Company LP 2003 Edmund Halley Drive Reston VA 201913496 Software and support 751273 19 11499048 9149056 8150 20648104 TUITION AND FEES 611600 47371173 47371173 AUXILIARY INCOME 611710 3189623 3189623 0 0 0 0 50560796 5287704 5287704 96366 96366 0 96366 96366 19570582 6500000 18161199 1409383 6500000 7909383 7909383 23561 23059 502 502 OTHER REVENUE 900099 166363 166363 0 0 0 0 166363 84669218 50727159 0 13293955 22358369 22358369 799301 667378 107839 24084 22781895 19469054 2543673 769168 756508 631648 102066 22794 2944715 2458696 397292 88727 1703246 1422129 229797 51320 105863 105863 137534 137534 311993 311993 3638318 2917585 593577 127156 401984 345 401267 372 2477540 2429236 30282 18022 2438304 2288078 137675 12551 6205218 5321303 739944 143971 948968 940650 6001 2317 112324 105134 3530 3660 1085992 920182 139559 26251 2969658 2516248 381626 71784 67771 67771 FEES EXPENSE 3671665 3411591 242780 17294 OTHER PROGRAM ACTIVITIES 1312403 851465 441503 19435 BAD DEBT EXPENSE 445603 0 445603 0 MEMBERSHIPS, DUES, AND SUBSCRIPTIONS 252206 180546 69872 1788 0 0 0 0 77927378 68957408 7569276 1400694 1069498 1317506 6372 3414656 5593034 2013144 3966997 0 0 0 0 360062 365697 735021 585263 138100386 74076805 64418955 64023581 36113837 35163904 0 0 1903465 1346661 110028638 112369015 9633972 7659228 2867544 1867964 0 0 1754063 1754063 19700000 19100000 1865956 1291174 35821535 31672429 X 42443976 44489217 31763127 36207369 74207103 80696586 110028638 112369015 6741840 -252357 0 X false true true true true X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0.0 X 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X false 50673849 471387 4652657 1428815 54369078 43691813 1880373 6476943 1375280 50673849 38048551 1146421 5870247 1373406 43691813 36077782 303119 3104056 0 1308390 128016 38048551 28253159 341514 8823623 1219181 121333 36077782 0.5967 0.2483 0.155 false false 1569127 1569127 94421808 39294588 55127220 633777 476080 157697 33039236 31181117 1858119 8436438 3125020 5311418 64023581 Federal Income Taxes OPERATING LEASE LIABILITIES 1291174 1291174 65389557 -252357 -19050363 -19302720 84692277 -23059 -23059 84669218 58900074 23059 23059 58877015 19050363 19050363 77927378 Schedule D, Part III, Line 1a EXCLUDED ART AND HISTORICAL TREASURES Our Lady of the Lake University maintains artwork and other collectibles which are held for public exhibition or educational purposes. Due to the immateriality of these items, there is no footnote disclosure in the financial statements. Schedule D, Part X, Line 2 ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part III, Line 4 Collections of art - description of collections Our Lady of the Lake University maintains artwork and other collectibles, all immaterial in value, for public display or educational purposes. Schedule D, Part V, Line 4 Intended uses of endowment funds ENDOWMENT DONATIONS AND BOARD DESIGNATED FUNDS ARE POOLED AND INVESTED TO SUPPORT UNIVERSITY OPERATIONS AND STUDENT SCHOLARSHIPS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Tuition Discounts - -19050363 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Direct Fundraising Expense - -23059 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Direct Fundraising Expense - 23059 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Tuition Discounts - 19050363 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY OUR LADY OF THE LAKE UNIVERSITY'S NON-DISCRIMINATION POLICY IS PUBLISHED ON THE UNIVERSITY'S WEBSITE ON MULTIPLE PAGES FOR STUDENT AND COMMUNITY VISITORS TO READ. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT STUDENT FINANCIAL AID IS RECEIVED FROM THE FEDERAL GOVERNMENT. A COMPLETE LISTING OF FEDERAL GRANTS IS ON FILE AT OUR LADY OF THE LAKE UNIVERSITY AND IS AVAILABLE UPON REQUEST. Golf Classic 23561 23561 1539 7920 4501 9099 0 0 23561 23561 1539 7920 4501 9099 23059 502 true Scholarships, Grants, Discounts, and Financial Aid 1127 22358369 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds SCHOLARSHIP/DISCOUNTS ARE CREDITED TO EACH STUDENT'S ACCOUNT MAINTAINED WITH OUR LADY OF THE LAKE UNIVERSITY. THE ORGANIZATION REVIEWS ALL PROPOSALS FOR COMPLIANCE WITH GRANT GUIDELINES AND APPROVES PRIOR TO THE EXPENSE BEING INCURRED. THE PROJECT DIRECTOR TRACKS SPENDING ON GRANTS MONTHLY TO ENSURE NO BUDGET OVERAGES. WHEN RECORDING THE BILLINGS MONTHLY, THE GRANT ACCOUNTANT ALSO MONITORS THE SPENDING TO MAKE SURE ALL EXPENSES ARE REASONABLE AND WITHIN THE BUDGET OF THE GRANT. X true true X X X false false false false false false false false false Dr Abel A Chavez President/ Ex Officio 275888 0 23200 0 77646 0 15475 0 32600 0 424809 0 0 0 Dr George A Williams Jr Chief of Staff 189784 0 0 0 12949 0 10442 0 11562 0 224737 0 0 0 Paul Patillo Chief Technology Officer 145860 0 0 0 0 0 7250 0 1189 0 154299 0 0 0 Dr Candace DeLeon-Zepeda Dean of Academics/Associate Provost 135174 0 0 0 0 0 7342 0 21661 0 164177 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use OUR LADY OF THE LAKE UNIVERSITY'S CURRENT PRESIDENT, ABEL CHAVEZ, WAS PAID A HOUSING ALLOWANCE, WHICH WAS TAXED THROUGH PAYROLL. 10902 Tuition Dependent Waiver TUITION ASSISTANCE Form 990, Part III, Line 1 & Part I, Line 1 - ORGANIZATION'S MISSION AS A CATHOLIC UNIVERSITY SPONSORED BY THE SISTERS OF DIVINE PROVIDENCE, OUR LADY OF THE LAKE UNIVERSITY IS A COMMUNITY WHOSE MEMBERS ARE COMMITTED TO SERVE STUDENTS BY: ENSURING QUALITY, INNOVATIVE UNDERGRADUATE AND GRADUATE LEARNING EXPERIENCES, FOSTERING SPIRITUAL, PERSONAL, AND PROFESSIONAL GROWTH, AND PREPARING STUDENTS FOR SUCCESS AND CONTINUED SERVICE. Form 990, Part IV, Line 28 TRANSACTIONS WITH INTEREST PARTIES OLLU purchased a building on the main campus in March 2022 and leases a parking lot from the Congregation of Divine Providence (CDP). There is a note payable to the CDP related to the building acquisition. For the year ended 5/31/24, OLLU paid the CDP a total of $48,690 for note payments and other operating costs related to the building and lease payments for the parking lot. Form 990, Part VI, Line 1a DELEGATION OF AUTHORITY THE GOVERNING BOARD MAY DELEGATE AUTHORITY TO AN EXECUTIVE COMMITTEE ON OCCASION AND AS NEEDED. Form 990, Part VI, Line 6 Classes of members or stockholders THE MEMBERS OF THIS CORPORATION SHALL BE, EX OFFICIO, THE SUPERIOR GENERAL OF AND THE MEMBERS OF THE GENERAL COUNCIL OF THE RELIGIOUS CONGREGATION OF DIVINE PROVIDENCE OF SAN ANTONIO, TEXAS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE CONGREGATION OF DIVINE PROVIDENCE SHALL HAVE AT LEAST TWO MEMBERS ON THE BOARD OF TRUSTEES. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders The Members of the Corporation consist of the Superior General and the Members of the General Council of the Religious Congregation of Divine Providence of San Antonio, Texas. Under the bylaws, certain governance decisions are reserved to the Members and require their approval upon recommendation of four-fifths (4/5) of the Board of Trustees. These decisions include amendments to governing documents, dissolution or merger, specified real property transactions above stated thresholds, changes to institutional mission or purpose, selection of Board leadership, and participation in the selection of the President, with Members exercising voting rights as provided in the bylaws. Form 990, Part VI, Line 11b Review of form 990 by governing body THE DRAFT OF THE 990 IS REVIEWED BY THE UNIVERSITY'S FINANCE DEPARTMENT. Form 990, Part VI, Line 12c Conflict of interest policy The Board of Trustees is required to comply with the conflict of interest policy on an annual basis. It is the responsibility of the board members, executives, and officers to evaluate their business transactions and outside business interests and relationships for potential conflicts. Board members should disclose any known conflicts of interest and abstain from voting when necessary. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE BOARD, THROUGH THE EXECUTIVE COMMITTEE, REVIEWS AND SETS THE PRESIDENT'S SALARY USING COMPARABILITY DATA FROM THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION (CUPA). THE REVIEW IS DOCUMENTED IN MEETING MINUTES OF THE BOARD OF TRUSTEES. Form 990, Part VI, Line 15b Process to establish compensation of other employees The University reviews data from the annual compensation study conducted by CUPA for private universities in our budget range. Compensation for officers and key employees is approved by the President and takes into consideration tenure, performance, and overall experience. Total compensation is included in the annual operating budget approved by the Board of Trustees. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. OLLU MAIN BUILDING 411 SW 24TH STREET SAN ANTONIO TX 78207 271349237 SUPPORT TX 501(c)(3) Type I Our Lady of the Lake University true false false false false false false false false false false false false false false false false false false false