NonprofitsUniversity Of The Southwest

Education

University Of The Southwest

HOBBS, NM

Total revenue

$21.8M

Total expenses

$18.4M

Net assets

$18.5M

Grants received

$5.9M

46 grants

EIN

850164940

Tax year

2024

Mission

Christ-centered higher educational community

Programs

2 programs

Usw offers undergraduate level programs in the fields of business, education, and arts and sciences. Degrees offered include bba, bse, bs, and ba. To complement the undergraduate degree programs, student organizations and activities include professional, academic honor, christian ministry, civic, and cultural experiences. The university also supports intramural sports programming where students, staff, and faculty are welcome to participate. Athletic programming includes: baseball, softball, mens and womens basketball, mens and womens soccer, volleyball, cross country, and golf. As a university grounded in christian principles, usw offers a prison seminary program for incarcerated individuals wishing to pursue an undergraduate degree meant to prepare the individual to effect positive community change through best practices in leadership, communication, ethics, and christian studies.

Expenses: $5.7MGrants: $2.6M

Residence halls, apartments, and student meal programs are available primarily for undergraduate students.

Expenses: $1.8MGrants: $505K

Financials

FY 2024

Revenue

Contributions & grants$1.4M
Program service revenue$16.9M
Investment income$3.3M
Other revenue$198K
Total revenue$21.8M

Expenses

Grants paid$4.0M
Salaries & benefits$7.3M
Fundraising$151K
Other expenses$7.0M
Total expenses$18.4M
Total assets$20.5M
Net assets$18.5M

People

28 listed

NameRoleCompensation

DR RYAN TIPTON

PRESIDENT

Board

$313K

40 hrs/wk

DR PAULA SMITH

EVP/CFO/TREASURER

Board

$160K

50 hrs/wk

DR ELAINE SENA CORTEZ

BOARD MEMBER / ADJUNCT PROFESSOR

Board

$9K

8 hrs/wk

DR GEORGE KLEIN

BOARD MEMBER

Board

1 hrs/wk

MICHAEL NEWELL ESQ

BOARD MEMBER

Board

1 hrs/wk

RICHARD SANCHEZ

BOARD MEMBER

Board

1 hrs/wk

CONNIE SEVIER

BOARD MEMBER

Board

1 hrs/wk

BOBBY SHAW

BOARD MEMBER

Board

1 hrs/wk

BRIAN SNIDER

BOARD MEMBER

Board

1 hrs/wk

SAMUEL S SPENCER JR

BOARD MEMBER

Board

1 hrs/wk

LIZABETH WHITE

BOARD MEMBER

Board

1 hrs/wk

GARY EIDSON

BOARD MEMBER (PART YEAR)

Board

1 hrs/wk

KRISTI GOODWIN

BOARD MEMBER (PART YEAR)

Board

1 hrs/wk

JAMES LACKEY

BOARD MEMBER (PART YEAR)

Board

1 hrs/wk

LEANNE GANDY

BOARD MEMBER

Board

1 hrs/wk

HEATHER EVANS

BOARD MEMBER

Board

1 hrs/wk

LAURA CASTILLO ESQ

BOARD MEMBER

Board

1 hrs/wk

CLIFF BRUNSON

BOARD MEMBER

Board

1 hrs/wk

KEN BROMLEY

BOARD MEMBER

Board

1 hrs/wk

BRAD CARESS

SECRETARY

Board

1 hrs/wk

DAVID SHAW

VICE-CHAIR

Board

1 hrs/wk

LEE ROBERSON

CHAIR

Board

1 hrs/wk

DR BRIANNA LOPEZ

CHIEF ACADEMIC OFFICER

Staff

$210K

40 hrs/wk

DR KEISHA TIPTON

DEAN/FACULTY

Staff

$146K

40 hrs/wk

STEVE APPEL

VICE PRESIDENT

Staff

$121K

50 hrs/wk

DR STEPHANIE JOHNSON

FACULTY

Staff

$108K

40 hrs/wk

DR LAUREN MILAM

FACULTY

Staff

$105K

40 hrs/wk

DR SANDRA JOHNSON

FACULTY

Staff

$103K

40 hrs/wk

Independent contractors

USIM

MEDIA MARKETING

$1.3M

GREAT WESTERN

FOOD SERVICES

$577K

M&M TOURS

TRANSPORTATION

$264K

OPEN AI

TECHNOLOGY SERVICES

$184K

Grants received

Showing 46 of 46

FromAmountPurposeYear
$627K
OPERATIONS SUPPORT AND UNIVERSITY SCHOLARSHIPS
2024
$6K
ANNUAL DONATION COMMITMENT - 2024 AND 2025 COMBINED
2024
$3K
SCHOLARSHIP
2024
$523K
Operations support and fund University scholarships
2023
$12K
ANNUAL DONATION COMMITMENT - 2023 AND 2024 COMBINED
2023
$10K
CHARITABLE GIVING
2023
$6K
GENERAL SUPPORT
2023
$5K
SCHOLARSHIP
2023
$3K
Program Support
2023
$500
2023 Community Prayer Breakfast
2023
$100K
GENERAL SUPPORT
2022
$50K
General Operating Support
2022
$26K
SUPPORT FOR FOUNDATION WORK
2022
$25K
Campus Recovery Fund
2022
$21K
Virtual Reality Pilot Project
2022
$5K
SCHOLARSHIP
2022
$3K
Program Support
2022
$3K
SCHOLARSHIP
2022
$3K
Program Support
2022
$800
HISTORICAL BUDGET 2016 / MATCHING FUNDS
2022
$500
USW Community Prayer Breakfast - Honor of Joan Tucker
2022
$10K
Matching grant
2021
$10K
Matching grant
2021
$2K
Program Support
2021
$24K
Student Scholarship Support
2020
$20K
PRISON MINISTRY
2020
$3K
GENERAL SUPPORT
2020
$2K
SCHOLARSHIP
2020
$20K
PRISON MINISTRY
2019
$21K
PRISON MINISTRY
2017
$3K
GENERAL SUPPORT
2017

Funded by

$5.9M from 18 funders · 46 grants · 2017–2024

Lea County Charitable Foundation

$2.2M · 7 grants · 2018–2024

University Of The Southwest Foundation

$2.1M · 5 grants · 2019–2024

Allsup Family Charitable Foundation

$1.1M · 2 grants · 2022–2023

JF Maddox Foundation

$72K · 4 grants · 2022–2023

Bethlehem Foundation Of New Mexico

$61K · 3 grants · 2017–2020

The Touchstone Golf Foundation

$26K · 1 grant · 2022

Links Players International Inc

$25K · 1 grant · 2022

Details

EIN850164940
NTEE codeB420
Subsection03
Ruling date1960-01
Formed1962
Employees158
Volunteers20
UNIVERSITY OF THE SOUTHWEST — Mission, Financials & Grants Received | Grantivo