In 2009 the Church completed construction on a brand new meetinghouse and Institute building that accommodates six YSA wards and the largest running daytime Institute east of the Wasatch Front. It remains one of the most used buildings on campus, both for spiritual growth and recreational activities.

I believe the Church usually does a lot of due diligence and if SVU was hurting would they really make that kind of investment?

http://svu.edu/campus-life/lds-environment/