Totals
- Total revenue
- $178,345,647
- Total expenses
- $176,088,784
- Contributions and grants received
- $10,739,303
- Grants paid
- $86,203,286
- Program service revenue
- $155,725,261
- Investment income
- $8,379,028
- Other revenue
- $3,502,055
- Total assets, end of year
- $299,668,007
- Total liabilities, end of year
- $90,325,565
- Net assets or fund balances, end of year
- $209,342,442
- Program services expenses (Part IX)
- $142,807,114
- Management and general expenses
- $31,602,187
- Fundraising expenses
- $1,679,483
- Program service expenses (Part III)
- $142,807,114
Program services were 81.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$94,800
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$87,631
-
1f · All other contributions, gifts and grants
$10,556,872
-
1g · Noncash contributions included above
$139,045
-
2a · Program service revenue: TUITION & FEES
total $128,761,898 · related or exempt $128,761,898 · unrelated business $0 · excluded $0
-
2b · Program service revenue: HOUSING
total $13,887,443 · related or exempt $13,887,443 · unrelated business $0 · excluded $0
-
2c · Program service revenue: FOOD SERVICE REVENUE
total $8,134,088 · related or exempt $8,134,088 · unrelated business $0 · excluded $0
-
2d · Program service revenue: ATHLETIC & OTHER INCOME
total $4,340,374 · related or exempt $4,340,374 · unrelated business $0 · excluded $0
-
2e · Program service revenue: UNIVERSITY SPIRIT STORE
total $601,458 · related or exempt $601,458 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $3,100,422 · related or exempt $0 · unrelated business $0 · excluded $3,100,422
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $481,300 · personal property $0
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $481,300 · personal property $0
-
6d · Net rental income or loss
total $481,300 · related or exempt $0 · unrelated business $0 · excluded $481,300
-
7a · Gross sales of assets other than inventory
securities $66,859,522 · other assets $0
-
7b · Less cost or other basis and sales expenses
securities $61,580,916 · other assets $0
-
7c · Gain or loss
securities $5,278,606 · other assets $0
-
7d · Net gain or loss
total $5,278,606 · related or exempt $0 · unrelated business $0 · excluded $5,278,606
-
8a · Fundraising events: gross income
$7,690
-
8a · Fundraising events: contributions included on line 1c
$94,800
-
8b · Fundraising events: direct expenses
$33,132
-
8c · Net income from fundraising events
total -$25,442 · unrelated business $0 · excluded -$25,442
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11a · Other revenue: GOLF COURSE
total $2,553,026 · related or exempt $0 · unrelated business $2,553,026 · excluded $0
-
11b · Other revenue: PARKING FEES
total $385,750 · related or exempt $385,750 · unrelated business $0 · excluded $0
-
11c · Other revenue: CAMPS & CONFERENCES
total $107,421 · related or exempt $107,421 · unrelated business $0 · excluded $0
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$3,046,197
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0 · program services $0
-
2 · Grants to domestic individuals
total $73,135,372 · program services $73,135,372
-
3 · Grants to foreign organizations and individuals
total $13,067,914 · program services $13,067,914
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $2,555,544 · program services $1,222,289 · management and general $1,333,255 · fundraising $0
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $36,640,595 · program services $29,910,263 · management and general $5,578,911 · fundraising $1,151,421
-
8 · Pension plan contributions
total $1,545,445 · program services $1,019,613 · management and general $490,418 · fundraising $35,414
-
9 · Other employee benefits
total $5,646,544 · program services $4,749,040 · management and general $709,704 · fundraising $187,800
-
10 · Payroll taxes
total $2,602,567 · program services $1,717,053 · management and general $825,876 · fundraising $59,638
-
11a · Fees: management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $292,281 · program services $0 · management and general $292,281 · fundraising $0
-
11c · Fees: accounting
total $151,853 · program services $0 · management and general $151,853 · fundraising $0
-
11d · Fees: lobbying
total $0 · program services $0 · management and general $0 · fundraising $0
-
11e · Fees: professional fundraising services
total $0 · fundraising $0
-
11f · Fees: investment management
total $57,865 · program services $0 · management and general $57,865 · fundraising $0
-
11g · Fees: other
total $0 · program services $0 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $51,365 · program services $33,888 · management and general $16,300 · fundraising $1,177
-
13 · Office expenses
total $0 · program services $0 · management and general $0 · fundraising $0
-
14 · Information technology
total $2,992,303 · program services $1,638,223 · management and general $1,325,016 · fundraising $29,064
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $3,084,527 · program services $1,696,490 · management and general $1,369,530 · fundraising $18,507
-
17 · Travel
total $2,012,471 · program services $1,917,828 · management and general $70,810 · fundraising $23,833
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $0 · management and general $0 · fundraising $0
-
20 · Interest
total $3,720,383 · program services $0 · management and general $3,720,383 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $7,069,965 · program services $3,574,407 · management and general $3,495,558 · fundraising $0
-
23 · Insurance
total $233,049 · program services $0 · management and general $233,049 · fundraising $0
-
24a · Other expenses: FOOD SERVICES CONTRACT SERVICES
total $6,742,270 · program services $0 · management and general $6,742,270 · fundraising $0
-
24b · Other expenses: UBI EXPENSES FROM GOLF
total $1,952,743 · program services $0 · management and general $1,952,743 · fundraising $0
-
24c · Other expenses: GRADUATE & PROFESSIONAL
total $2,514,531 · program services $2,514,531 · management and general $0 · fundraising $0
-
24d · Other expenses: OTHER CONTRACT SERVICES
total $2,485,752 · program services $1,639,984 · management and general $845,768 · fundraising $0
-
24e · All other expenses
total $7,533,445 · program services $4,970,219 · management and general $2,390,597 · fundraising $172,629
-
26 · Joint costs (an allocation of the lines above)
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $9,954 · end of year $9,954
-
2 · Savings and temporary cash investments
beginning of year $14,725,663 · end of year $10,272,814
-
3 · Pledges and grants receivable
beginning of year $10,504,669 · end of year $13,745,765
-
4 · Accounts receivable
beginning of year $4,294,987 · end of year $4,820,574
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $152,513 · end of year $155,144
-
9 · Prepaid expenses and deferred charges
beginning of year $767,735 · end of year $764,749
-
10a · Land, buildings and equipment: cost or other basis
$268,837,871
-
10b · Land, buildings and equipment: accumulated depreciation
$111,487,222
-
10c · Land, buildings and equipment, net
beginning of year $157,201,542 · end of year $157,350,649
-
11 · Investments: publicly traded securities
beginning of year $101,529,208 · end of year $105,516,492
-
12 · Investments: other securities
beginning of year $923,248 · end of year $2,073,271
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $5,602,456 · end of year $4,958,595
-
17 · Accounts payable and accrued expenses
beginning of year $6,465,982 · end of year $7,943,805
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $5,895,643 · end of year $5,669,021
-
20 · Tax-exempt bond liabilities
beginning of year $64,836,616 · end of year $64,741,810
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $6,207,372 · end of year $5,490,929
-
24 · Unsecured notes and loans payable
beginning of year $7,915,000 · end of year $6,480,000
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $70,958,754 · end of year $73,626,780
-
28 · Net assets with donor restrictions
beginning of year $133,432,608 · end of year $135,715,662
Mission and programs · 2024
Mission
THE MISSION OF WINGATE UNIVERSITY IS TO DEVELOP EDUCATED, ETHICAL, AND PRODUCTIVE GLOBAL CITIZENS. FOLLOWING ITS JUDEO-CHRISTIAN HERITAGE, THE UNIVERSITY SEEKS TO CULTIVATE THE FOLLOWING IN ITS STUDENTS: KNOWLEDGE, FAITH, AND SERVICE.
Activities or mission (Part I)
A COMPREHENSIVE EDUCATIONAL INSTITUTION OFFERING BACCALAUREATE, MASTERS, AND DOCTORAL DEGREES.
-
WINGATE UNIVERSITY SERVES STUDENTS ON TWO CAMPUSES IN WINGATE AND HENDERSONVILLE, NC. THE UNIVERSITY OFFERS 40 UNDERGRADUATE MAJORS, 68 MINORS AND CAREER CONCENTRATIONS, NUMEROUS PRE-PROFESSIONAL PROGRAMS, GRADUATE DEGREES IN BUSINESS, ACCOUNTING, EDUCATION, PHYSICIAN ASSISTANT STUDIES AND SPORT MANAGEMENT, AND DOCTORATES IN PHARMACY, PHYSICAL THERAPY, OCCUPATIONAL THERAPY, AND EDUCATION. DURING THE FISCAL YEAR ENDED MAY 31, 2025, FALL STUDENT ENROLLMENT WAS 3,458 AND SPRING STUDENT ENROLLMENT WAS 3,218. THE TOTAL NUMBER OF GRADUATES WAS 864. FINANCIAL AID WAS RECEIVED BY 3,497 STUDENTS. SCHOLARSHIPS WERE GRANTED TO 2,956 STUDENTS.
Expenses $142,807,114 · Grants $86,203,286 · Revenue $156,218,432
As filed on the 2024 return.
Listed in Part VII
-
Amos Beason
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Angelia Duncan
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Becky Bullard
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Benton Bragg
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Bill Crowder
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Bob Spence
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Carl Tucker
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Carolyn Brown
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Carolyn Matthews
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Chuck Howard
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Craig Horn
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Doug Turner
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Ed West
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Fonda Salgueiro
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Frank Cagle
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Greg Hinrichs
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Jan Beatty-Hendley
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Jason Bernd
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Jim Mason
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Joel Barham
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Kacey Grantham
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Kimberly Eagle
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Luther Moore
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Lynn Moss
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Maria Lander
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Morrison Creech
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Patrick Brown
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Paula Borden
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Rashard Johnson
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Ron Hinson
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Russell Booker
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Suzanne Philemon
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Thom Dixon
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Wayne Cooper
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Benjamin Sidbury
SVP General Counsel
- Total calculated
- $291,071
- From this org
- $269,882
- From related orgs
- $0
- Other
- $21,189
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $269,882
- Bonus
- $0
- Other
- $0
- Deferred
- $16,298
- Nontaxable benefits
- $4,891
- Filer's total
- $291,071
-
Heather Campbell Miller
SVP Chief of Staff
- Total calculated
- $263,117
- From this org
- $241,337
- From related orgs
- $0
- Other
- $21,780
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $241,337
- Bonus
- $0
- Other
- $0
- Deferred
- $8,522
- Nontaxable benefits
- $13,258
- Filer's total
- $263,117
-
James R Bullock
SVP
- Total calculated
- $314,242
- From this org
- $290,438
- From related orgs
- $0
- Other
- $23,804
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $290,438
- Bonus
- $0
- Other
- $0
- Deferred
- $16,820
- Nontaxable benefits
- $6,984
- Filer's total
- $314,242
-
Jeffrey Frederick
Provost and Executive Vice President
- Total calculated
- $100,745
- From this org
- $94,960
- From related orgs
- $0
- Other
- $5,785
- Hours/week
- 40
-
Melissa Perdue
CFO
- Total calculated
- $263,442
- From this org
- $244,092
- From related orgs
- $0
- Other
- $19,350
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $244,092
- Bonus
- $0
- Other
- $0
- Deferred
- $14,751
- Nontaxable benefits
- $4,599
- Filer's total
- $263,442
-
Thomas Rhett Brown
President
- Total calculated
- $418,009
- From this org
- $388,763
- From related orgs
- $0
- Other
- $29,246
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $388,763
- Bonus
- $0
- Other
- $0
- Deferred
- $15,404
- Nontaxable benefits
- $13,842
- Filer's total
- $418,009
-
Eric F Schneider
Vice Provost
- Total calculated
- $225,680
- From this org
- $208,450
- From related orgs
- $0
- Other
- $17,230
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $208,450
- Bonus
- $0
- Other
- $0
- Deferred
- $12,339
- Nontaxable benefits
- $4,891
- Filer's total
- $225,680
-
Sergio Castello
Dean, School of Business
- Total calculated
- $189,475
- From this org
- $174,133
- From related orgs
- $0
- Other
- $15,342
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $174,133
- Bonus
- $0
- Other
- $0
- Deferred
- $10,451
- Nontaxable benefits
- $4,891
- Filer's total
- $189,475
-
Shanta Dube
Chair and Director, Dept of Public Health
- Total calculated
- $196,239
- From this org
- $180,418
- From related orgs
- $0
- Other
- $15,821
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $180,418
- Bonus
- $0
- Other
- $0
- Deferred
- $10,815
- Nontaxable benefits
- $5,006
- Filer's total
- $196,239
-
Steve Shank
Vice President
- Total calculated
- $198,953
- From this org
- $187,770
- From related orgs
- $0
- Other
- $11,183
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $187,770
- Bonus
- $0
- Other
- $0
- Deferred
- $11,032
- Nontaxable benefits
- $151
- Filer's total
- $198,953
-
Susan P Bruce
Dean, School of Pharmacy
- Total calculated
- $300,705
- From this org
- $280,256
- From related orgs
- $0
- Other
- $20,449
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $280,256
- Bonus
- $0
- Other
- $0
- Deferred
- $15,558
- Nontaxable benefits
- $4,891
- Filer's total
- $300,705
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 · Travel for companions
- 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 committee
- 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)
- Schedule J, Part I, Line 1a Travel for companions
- THE PRESIDENT'S SPOUSE CAN TRAVEL WITH THE PRESIDENT AND IS CONSIDERED A REPRESENTATIVE OF THE UNIVERSITY.
- Schedule J, Part I, Line 1a Health or social club dues or initiation fees
- THE UNIVERSITY PROVIDES CLUB MEMBERSHIPS TO CERTAIN KEY INDIVIDUALS FOR RELATIONSHIP BUILDING PURPOSES. DUE TO THE NATURE OF THESE MEMBERSHIPS, THE COSTS ARE INCLUDED IN THE EMPLOYEE'S COMPENSATION.
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.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
WINGATE REAL ESTATE HOLDINGS LLC
HOLD WINGATE HOLDINGS LLC & WINGATE HOLDINGS II LLC TO OPERATE GOLF COURSES · NC · income $2,553,026 · assets $3,875,979
Directly controlled by WINGATE UNIVERSITY
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 February 2026
- IRS schema version
- 2024v5.1
- Source object
- 202640439349302109
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.