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Nonprofiteer
← WARTBURG COLLEGE

Form 990 for tax year 2024

Filed by WARTBURG COLLEGE.

Totals

Total revenue
$77,031,267
Total expenses
$73,850,834
Contributions and grants received
$12,997,574
Grants paid
$16,294,592
Program service revenue
$57,425,734
Investment income
$6,410,299
Other revenue
$197,660
Total assets, end of year
$249,906,700
Total liabilities, end of year
$80,533,368
Net assets or fund balances, end of year
$169,373,332
Program services expenses (Part IX)
$57,197,932
Management and general expenses
$14,837,789
Fundraising expenses
$1,815,113
Program service expenses (Part III)
$57,197,932

Program services were 77.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DR REBECCA EHRETSMAN

    PRESIDENT

    Total calculated
    $383,145
    From this org
    $353,346
    From related orgs
    $0
    Other
    $29,799
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $325,553
    Bonus
    $0
    Other
    $27,793
    Deferred
    $19,656
    Nontaxable benefits
    $10,143
    Filer's total
    $383,145
  • MIKE MCCOY

    REGENT, CHAIRMAN - BOARD

    Total calculated
    $0
    Hours/week
    15
  • DR ANN ADAMS BULLOCK

    REGENT, VICE CHAIR - BOARD

    Total calculated
    $0
    Hours/week
    5
  • SHARON CORRIGAN

    REGENT, VICE CHAIR - BOARD

    Total calculated
    $0
    Hours/week
    5
  • DR DELFORD DOHERTY

    REGENT, VICE CHAIR - BOARD

    Total calculated
    $0
    Hours/week
    5
  • BARBARA GAMEZ

    REGENT, VICE CHAIR - BOARD

    Total calculated
    $0
    Hours/week
    5
  • MARK HANAWALT

    REGENT, VICE CHAIR - BOARD

    Total calculated
    $0
    Hours/week
    5
  • RACHEL RIENSCHE

    REGENT, VICE CHAIR - BOARD

    Total calculated
    $0
    Hours/week
    5
  • ANDREA WESTMEYER

    REGENT, VICE CHAIR - BOARD

    Total calculated
    $0
    Hours/week
    5
  • ALICIA FAUST

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • AMY KILGUS CHAMLEY

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • BEN SHANNO

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • DR KERRI BLOBAUM

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • DR MARILYN FLACHMAN

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • FELECIA BOONE

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • GORDON SWEEN

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • GREG SCHMITZ

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • JEN BYE CHRISTY

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • JIM BUCHHEIM

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • JIM LOVERIDGE

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • KIRK KLECKNER

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • MATT PETERSEN

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • MIKE MALLARO

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • MIKE MURPHY

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • REV AMY CURRENT

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • REV DR SHERMAN HICKS

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • REV KEVIN JONES

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • RUTH BAHE-JACHNA

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • STEVE MEIRINK

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • TAMMY JACKSON

    REGENT

    Total calculated
    $0
    Hours/week
    5
  • DEBORA JOHNSON-ROSS

    VP, ACADEMIC AFFAIRS

    Total calculated
    $180,323
    From this org
    $159,800
    From related orgs
    $0
    Other
    $20,523
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $154,825
    Bonus
    $0
    Other
    $4,975
    Deferred
    $9,538
    Nontaxable benefits
    $10,985
    Filer's total
    $180,323
  • SCOTT LEISINGER

    VP, INSTITUTIONAL ADVANCEMENT

    Total calculated
    $171,518
    From this org
    $149,589
    From related orgs
    $0
    Other
    $21,929
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $146,951
    Bonus
    $0
    Other
    $2,638
    Deferred
    $9,165
    Nontaxable benefits
    $12,764
    Filer's total
    $171,518
  • RICHARD SEGGERMAN

    VP, FINANCE & ADMN (THROUGH 01/2025)

    Total calculated
    $176,851
    From this org
    $135,208
    From related orgs
    $0
    Other
    $41,643
    Hours/week
    55 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $132,377
    Bonus
    $0
    Other
    $2,831
    Deferred
    $8,839
    Nontaxable benefits
    $32,804
    Filer's total
    $176,851
  • RICK WILLIS

    VP, STRATEGIC RECRUITMENT

    Total calculated
    $175,991
    From this org
    $146,129
    From related orgs
    $0
    Other
    $29,862
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $143,919
    Bonus
    $0
    Other
    $2,210
    Deferred
    $9,163
    Nontaxable benefits
    $20,699
    Filer's total
    $175,991
  • GREG KNESER

    VP, STUDENT LIFE

    Total calculated
    $166,547
    From this org
    $143,212
    From related orgs
    $0
    Other
    $23,335
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $139,505
    Bonus
    $0
    Other
    $3,707
    Deferred
    $8,739
    Nontaxable benefits
    $14,596
    Filer's total
    $166,547
  • BARB SCHULTZ

    CHIEF INFORMATION OFFICER

    Total calculated
    $120,388
    From this org
    $88,189
    From related orgs
    $0
    Other
    $32,199
    Hours/week
    55
  • DAN BLACK

    PROFESSOR OF ENGINEERING SCIENCE

    Total calculated
    $129,680
    From this org
    $116,667
    From related orgs
    $0
    Other
    $13,013
    Hours/week
    40
  • ZAK MONTGOMERY

    ASSOCIATE DEAN OF ACADEMIC AFFAIRS

    Total calculated
    $133,495
    From this org
    $114,383
    From related orgs
    $0
    Other
    $19,112
    Hours/week
    40
  • LEE NELSON

    PROFESSOR OF MUSIC

    Total calculated
    $130,136
    From this org
    $101,127
    From related orgs
    $0
    Other
    $29,009
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Housing allowance or residence for personal use
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
AS A CONDITION OF EMPLOYMENT, PRESIDENT EHRETSMAN IS REQUIRED TO OCCUPY AND USE THE PRESIDENT'S HOME AT THE COLLEGE, IN THE PERFORMANCE OF HER DUTIES. THE COLLEGE PAYS FOR MAINTENANCE AND UPKEEP OF THE HOME. MAJOR REPAIRS, RENOVATIONS, OR PHYSICAL IMPROVEMENTS ARE SUBJECT TO BOARD APPROVAL BEFORE THEY ARE UNDERTAKEN. PRESIDENT EHRETSMAN IS RESPONSIBLE FOR INSURING ANY PERSONAL PROPERTY OWNED BY HER THAT IS LOCATED IN THE HOME. PRESIDENT EHRETSMAN AND THE PRESIDENT'S SENIOR LEADERSHIP TEAM ARE GRANTED MEMBERSHIP TO THE COLLEGE'S WELLNESS CENTER AT REDUCED COST, THE SAME ARRANGEMENT AVAILABLE TO ALL EMPLOYEES OF THE COLLEGE. THE VALUE OF THE MEMBERSHIP REDUCTION IS $360 PER YEAR, AND IS A TAXABLE FRINGE BENEFIT.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • KNIGHTS ENTERPRISES LLC

    C · TO ENGAGE IN ANY LAWFUL BUSINESS OR ACTIVITY · IA · 100% owned · share of income $15 · share of assets $5,161 · controlled entity

    Directly controlled by WARTBURG COLLEGE

Provenance

Return type
form_990
Tax year
2024
Filed
14 April 2026
IRS schema version
2024v5.5
Source object
202621049349301977

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