Civic Intelligence

Presbyterian Student Center Foundat

EIN 39-0808440 • 501(c)3 • Madison, WI

Profile

Pres house seeks to be a spiritual home at the heart of the university of wisconsin-madison campus. In keeping with the teaching of jesus christ and the christian tradition of hospitality, pres house is dedicated to providing a religious center and high quality student housing to promote the spiritual, emotional, and intellectual growth of residents and members of the campus community. Pres house is a ministry of the presbyterian church, u.s.a and welcome individuals of every perspective and background.

Refreshing map…

731 State StMadison, WI 53703

www.preshouse.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.75x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

93rd percentile

3.74x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

49th percentile

3.9%

Higher net margin than 49% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

34th percentile

$141,020

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

36th percentile

0.5%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

23rd percentile

-6.3%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$14,481,476

Up $65,550 (+0.5%) from 2024

Liabilities

Down

$10,857,128

Down $290,214 (-2.6%) from 2024

Net Assets

Up

$3,624,348

Up $355,764 (+11%) from 2024

Operations
Liabilities / Revenue93rd percentileNet Margin49th percentile

Revenue

Down

$2,906,059

Down $194,527 (-6.3%) from 2024

Expenses

Up

$2,791,403

Up $267,990 (+11%) from 2024

Net Income

Down

$114,656

Down $462,517 (-80%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth36th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2011: $16,136,257Liabilities 2011: $16,130,440Net Assets 2011: $5,8172011Assets 2012: $15,158,454Liabilities 2012: $15,017,725Net Assets 2012: $140,7292012Assets 2013: $14,895,467Liabilities 2013: $14,655,253Net Assets 2013: $240,2142013Assets 2014: $14,758,991Liabilities 2014: $14,289,352Net Assets 2014: $469,6392014Assets 2015: $15,198,181Liabilities 2015: $13,835,754Net Assets 2015: $1,362,4272015Assets 2016: $14,917,482Liabilities 2016: $13,488,530Net Assets 2016: $1,428,9522016Assets 2017: $14,922,654Liabilities 2017: $13,156,214Net Assets 2017: $1,766,4402017Assets 2018: $15,259,391Liabilities 2018: $12,948,114Net Assets 2018: $2,311,2772018Assets 2019: $15,078,680Liabilities 2019: $12,704,066Net Assets 2019: $2,374,6142019Assets 2020: $14,806,810Liabilities 2020: $12,363,661Net Assets 2020: $2,443,1492020Assets 2021: $14,924,897Liabilities 2021: $11,865,682Net Assets 2021: $3,059,2152021Assets 2022: $14,192,268Liabilities 2022: $11,660,079Net Assets 2022: $2,532,1892022Assets 2023: $14,035,072Liabilities 2023: $11,357,637Net Assets 2023: $2,677,4352023Assets 2024: $14,415,926Liabilities 2024: $11,147,342Net Assets 2024: $3,268,5842024Assets 2025: $14,481,476Liabilities 2025: $10,857,128Net Assets 2025: $3,624,3482025

Highlighted filing

2025

Assets$14,481,476
Liabilities$10,857,128
Net Assets$3,624,348
Open 2025 Filing

Operations Trend

Revenue Growth23rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0Expenses 2011: $1,666,0902011Expenses 2012: $1,900,6302012Revenue 2013: $2,139,566Expenses 2013: $2,065,839Net Income 2013: $73,7272013Revenue 2014: $2,305,541Expenses 2014: $2,129,290Net Income 2014: $176,2512014Revenue 2015: $2,978,405Expenses 2015: $2,060,910Net Income 2015: $917,4952015Revenue 2016: $2,365,842Expenses 2016: $2,147,262Net Income 2016: $218,5802016Revenue 2017: $2,265,130Expenses 2017: $2,043,579Net Income 2017: $221,5512017Revenue 2018: $2,545,305Expenses 2018: $2,017,163Net Income 2018: $528,1422018Revenue 2019: $2,414,456Expenses 2019: $2,220,685Net Income 2019: $193,7712019Revenue 2020: $2,368,324Expenses 2020: $2,271,485Net Income 2020: $96,8392020Revenue 2021: $2,498,602Expenses 2021: $2,211,969Net Income 2021: $286,6332021Revenue 2022: $2,320,358Expenses 2022: $2,305,013Net Income 2022: $15,3452022Revenue 2023: $2,438,173Expenses 2023: $2,387,567Net Income 2023: $50,6062023Revenue 2024: $3,100,586Expenses 2024: $2,523,413Net Income 2024: $577,1732024Revenue 2025: $2,906,059Expenses 2025: $2,791,403Net Income 2025: $114,6562025

Highlighted filing

2025

Revenue$2,906,059
Expenses$2,791,403
Net Income$114,656
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$14,481,476
Liabilities
$10,857,128
Net assets
$3,624,348
Revenue
$2,906,059
Expenses
$2,791,403
Net income
$114,656
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$10.9$3.62$2.91$2.79$0.11
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.4$11.1$3.27$3.10$2.52$0.58
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.0$11.4$2.68$2.44$2.39$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.2$11.7$2.53$2.32$2.31$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.9$11.9$3.06$2.50$2.21$0.29
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.8$12.4$2.44$2.37$2.27$0.10
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.1$12.7$2.37$2.41$2.22$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.3$12.9$2.31$2.55$2.02$0.53
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.9$13.2$1.77$2.27$2.04$0.22
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.9$13.5$1.43$2.37$2.15$0.22
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.2$13.8$1.36$2.98$2.06$0.92
2014Detailed filing. Detailed filing data is available for this year.$14.8$14.3$0.47$2.31$2.13$0.18
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$14.9$14.7$0.24$2.14$2.07$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.2$15.0$0.14$1.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.1$16.1$0.01$1.67
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$2,951,743
Mission and Program Overview

Mission

Pres house seeks to be a spiritual home at the heart of the university of wisconsin-madison campus. In keeping with the teachings of jesus christ and the christian tradition of hospitality, pres house is dedicated to providing a religious center and purposeful housing to support the spiritual, emotional, and intellectual growth of residents and members of the campus community. Pres house is a ministry of the presbyterian church, u.s.a. And welcomes individuals of every perspective and background.

The intellectual, moral & religious growth of people in the university of wisconsin community in ways consistent with the principles & purposes of the presbyterian church (usa).

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,335,095$9,994,631▼ $340,464
Investments in Publicly Traded Securities$2,639,958$2,901,563▲ $261,605
Savings and Temporary Cash Investments$756,897$831,017▲ $74,120
Cash and Non-Interest-Bearing Accounts$283,469$348,908▲ $65,439
Other Notes and Loans Receivable, Net$300,000$300,000→ $0
Accounts Receivable$56,100$45,676▼ $10,424
Investments Other Securities$39,350$41,069▲ $1,719
Intangible Assets$0$14,067▲ $14,067
Prepaid Expenses and Deferred Charges$5,057$4,545▼ $512
Total Assets$14,415,926$14,481,476▲ $65,550
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,650,305$10,356,909▼ $293,396
Other Liabilities$272,314$348,804▲ $76,490
Accounts Payable and Accrued Expenses$155,805$88,723▼ $67,082
Deferred Revenue$68,918$62,692▼ $6,226
Total Liabilities$11,147,342$10,857,128▼ $290,214
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,125,884$3,468,864▲ $342,980
Net Assets With Donor Restrictions$142,700$155,484▲ $12,784
Total Net Assets Fund Balance$3,268,584$3,624,348▲ $355,764
Total Liabilities and Net Assets / Fund Balance$14,415,926$14,481,476▲ $65,550

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,519,930$6,518,760$16,038,690
Equipment$396,205$1,027,187$1,423,392
Land$78,496-$78,496

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2025$142,700-▲ $14,756$1,000$155,484
2024$129,704-▲ $14,241-$142,700
2023$124,270-▲ $9,248$2,500$129,704
2022$144,941-▼ $16,725$2,500$124,270
2021$127,716-▲ $22,162$3,500$144,941
Compensation and Service Providers
Top Officer Pay34th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Erica Liu ElsdonExecutive Director (from Sep)FT$54,600$86,420$141,020
Mark ElsdonExecutive Director (thru Aug)PT$112,649$24,298$136,947

Board Members and Trustees

NameTitle
Lee TanPresident
Phil HaslangerVice President
Aaliyah Golden-whiteheadDirector
Brenda MotenDirector
David FieldsDirector
Ezrah SchmeelkDirector
Kyle DigmanDirector
Lauren JacksonDirector
Liane KosakiDirector
Maribeth GettingerDirector
Mary ParmeterDirector
Mei HippeDirector
Nathan TanDirector
Rona NeriDirector
Tai SedberryDirector
Lauren SerebinSecretary
Gordon EnderleTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Forward Management INCAssist With The Renting Of Student Housi826 NORTH STAR DR, Madison, WI 53718$128,707
Revenue and Support

Revenue Composition

Contributions and Grants
$149,356
Program Service Revenue
$2,580,333
Investment Income
$128,524
Other Revenue
$47,846
All Other Contributions
$149,356
Change in Net Assets
$114,656

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,914,781
Revenue Not Reported on Financial Statements
$-8,722
Revenue Not Reported on Form 990
$222,753
Other Revenue Adjustments
$-8,722
Total Revenue per Audited Statements
$3,137,534
Total Revenue per Form 990
$2,906,059
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,833,180
Salaries, Compensation, and Employee Benefits$812,306
Grants and Similar Amounts Paid$145,917
Total Fundraising Expense$90,301
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$549,086$24,204$3,462$576,752
Depreciation Depletion$326,036$53,546$18,722$398,304
Interest$344,984$18,350$3,670$367,004
Other Salaries and Wages$226,315$65,407$18,552$310,274
Current Officers, Directors, Trustees, and Key Employees$214,425$63,498$17,578$295,501
Other Employee Benefits$107,857$32,052$8,805$148,714
Grants to Domestic Individuals$145,917--$145,917
Fees for Services Management$39,616$92,437-$132,053
Conferences and Meetings$74,197$978$300$75,475
Fees for Services Legal-$59,703-$59,703
Fees for Services Other$44,001$11,834$3,839$59,674
Fees for Services Accounting-$50,523-$50,523
Office Expenses$19,908$20,244$8,297$48,449
Pension Plan Contributions$21,529$6,375$1,765$29,669
Payroll Taxes$20,426$6,048$1,674$28,148
Advertising$12,015$12,453$1,573$26,041
Fees for Service Investment Mgmnt Fees-$18,355-$18,355
Information Technology$4,219$4,883$1,662$10,764
Travel$452$134$37$623
Other Expenses$6,349$394$365$394
Total Functional Expenses$2,157,332$543,770$90,301$2,791,403

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,791,403
Total Expenses per Audited Statements$2,781,770
Expenses per Audited Statements$2,773,048
Expenses Not Reported on Financial Statements$18,355
Expenses Not Reported on Form 990$8,722
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$348,804
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Mark elsdon and erica elsdon have a family relationship. Lee tan and nathan tan have a family relationship.”

Form 990, Part VI, Section B, Line 11B

“The prepared form 990 is reviewed and approved by the members of the governing body before the return is filed with the irs.”

Form 990, Part VI, Section B, Line 12C

“Annually all directors and officers complete and sign a statement that provides information regarding their interests and those of their family members that could give rise to conflicts. The members of the governing body make determinations of whether a conflict exists and review actual conflicts. Any person with a conflict is prohibited from participating in the governing body's deliberations and decisions in the transaction.”

Form 990, Part VI, Section B, Line 15A

“Upon hiring the executive director, the personnel committee, which is comprised of independent members of the governing body, reviews data published by the united way on compensation paid by nonprofit organizations in dane county for similar positions. The personnel committee also reviews national and regional denominational data on compensation paid by comparable organizations. This data is used to determine a compensation range that is then reviewed and approved by the entire governing body. Annually, the personnel committee conducts a performance review and looks at the consumer price index to gauge inflation. The personnel committee recommends a compensation level for the executive director to the governing body for approval based on the consumer price index, job performance, and/or changes in job responsibilities.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Presbyterian Student Center Foundation
EIN
39-0808440
Phone
6082571030
Address
731 STATE ST, MADISON, WI 53703
Doing Business As
Pres House

Signing Officer

Name
Erica Liu Elsdon
Title
Executive Director
Phone
6082571030
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erica Liu Elsdon
Formed
1929
Legal Domicile
Wi
Voting Board Members
17
Independent Board Members
17
Employees
13
Volunteers
75

Preparer

Firm
Wegner Cpas Llp
Address
2921 LANDMARK PL STE 300, MADISON, WI 53713-4236
Preparer
Mike Hablewitz CPA
Phone
6082744020
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“The foundation's endowment consists of two donor-restricted funds: the verhulst and millot funds. These funds were established to provide loans and educational opportunities for students.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“INVESTMENT FEES -18,355.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Personal property rental expense -8,722.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Personal property rental expense 8,722.”

Raw XML AppendixShowing 400 of 656 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0155805
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt088723
IRS990/AccountsReceivableGrp/BOYAmt056100
IRS990/AccountsReceivableGrp/EOYAmt045676
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE INTELLECTUAL, MORAL & RELIGIOUS GROWTH OF PEOPLE IN THE UNIVERSITY OF WISCONSIN COMMUNITY IN WAYS CONSISTENT WITH THE PRINCIPLES & PURPOSES OF THE PRESBYTERIAN CHURCH (USA).
IRS990/AdvertisingGrp/FundraisingAmt01573
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IRS990/BooksInCareOfDetail/USAddress/CityNm0MADISON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd053703
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IRS990/CashNonInterestBearingGrp/EOYAmt0348908
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
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IRS990/CompensationProcessOtherInd00
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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0FORWARD MANAGEMENT INC
IRS990/ContractorCompensationGrp/ServicesDesc0ASSIST WITH THE RENTING OF STUDENT HOUSI
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0149356
IRS990/CYGrantsAndSimilarPaidAmt0145917
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IRS990/Desc0RESIDENCE COMMUNITY - THE FOUNDATION PROVIDES A RELIGIOUS CENTER AND HIGH-QUALITY STUDENT HOUSING TO PROMOTE THE SPIRITUAL, EMOTIONAL, AND INTELLECTUAL GROWTH OF THE RESIDENTS AND MEMBERS OF THE CAMPUS COMMUNITY. TO ACCOMPLISH THIS GOAL, THE FOUNDATION PROVIDES DISCUSSION GROUPS, STUDY SPACES, MEALS, SERVICE OPPORTUNITIES, AND OTHER EVENTS.
IRS990/DescribedInSection501c3Ind01
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IRS990/DonorAdvisedFundInd00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17EXECUTIVE DIRECTOR (FROM SEP)
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DIRECTOR (THRU AUG)
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IRS990/GrossRentsGrp/PersonalAmt041347
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IRS990/MissionDesc0PRES HOUSE SEEKS TO BE A SPIRITUAL HOME AT THE HEART OF THE UNIVERSITY OF WISCONSIN-MADISON CAMPUS. IN KEEPING WITH THE TEACHINGS OF JESUS CHRIST AND THE CHRISTIAN TRADITION OF HOSPITALITY, PRES HOUSE IS DEDICATED TO PROVIDING A RELIGIOUS CENTER AND PURPOSEFUL HOUSING TO SUPPORT THE SPIRITUAL, EMOTIONAL, AND INTELLECTUAL GROWTH OF RESIDENTS AND MEMBERS OF THE UW-MADISON CAMPUS COMMUNITY. PRES HOUSE IS A MINISTRY OF THE PRESBYTERIAN CHURCH, U.S.A. AND WELCOMES INDIVIDUALS OF EVERY PERSPECTIVE AND BACKGROUND.
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IRS990/ProgSrvcAccomActy2Grp/Desc0CHURCH MINISTRY - AS A MINISTRY OF THE PRESBYTERIAN CHURCH, U.S.A., PRES HOUSE PROVIDES WORSHIP SERVICES AND OTHER SERVICES TO MEET THE SPIRITUAL NEEDS OF THE CAMPUS COMMUNITY.
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
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IRS990/RentalIncomeOrLossGrp/PersonalAmt032625

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