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Nonprofiteer
← GOLDEY BEACOM COLLEGE INC

Form 990 for tax year 2024

Filed by GOLDEY BEACOM COLLEGE INC.

Totals

Total revenue
$34,153,353
Total expenses
$28,843,931
Contributions and grants received
$2,143,364
Grants paid
$5,894,145
Program service revenue
$18,524,331
Investment income
$13,120,493
Other revenue
$365,165
Total assets, end of year
$251,793,007
Total liabilities, end of year
$19,358,786
Net assets or fund balances, end of year
$232,434,221
Program services expenses (Part IX)
$23,388,378
Management and general expenses
$4,766,603
Fundraising expenses
$688,950
Program service expenses (Part III)
$23,388,378

Program services were 81.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • CORNELIA N WINNER EDD

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2

  • JOAN VERBONITZ

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • MARCIA B WOOD CPA CGMA

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    2

  • LEE H BURSTEIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • JAVED GILANI MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • DORRELL GREEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • R JEFFREY JOHNSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • ERIKA JORGENSEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • NOREEN D LASORSA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • MARK R OLAZAGASTI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • JOHN J PATTERSON III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • MELODY PHILLIPS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • LOURDES I PUIG PHD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • CATHERINE SEEBER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • COLLEEN PERRY KEITH

    PRESIDENT

    Total calculated
    $412,710
    From this org
    $378,315
    From related orgs
    $0
    Other
    $34,395
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $377,022
    Bonus
    $105
    Other
    $1,188
    Deferred
    $34,155
    Nontaxable benefits
    $240
    Filer's total
    $412,710

  • CHARLES HAMMOND

    VP OPERATIONS AND PLANNING

    Total calculated
    $220,449
    From this org
    $202,614
    From related orgs
    $0
    Other
    $17,835
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $201,834
    Bonus
    $510
    Other
    $270
    Deferred
    $17,073
    Nontaxable benefits
    $762
    Filer's total
    $220,449

  • SUSAN MANNERING

    VP FINANCE/CFO

    Total calculated
    $242,966
    From this org
    $185,168
    From related orgs
    $0
    Other
    $57,798
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,104
    Bonus
    $510
    Other
    $10,554
    Deferred
    $15,096
    Nontaxable benefits
    $42,702
    Filer's total
    $242,966

  • JOEL WORDEN

    VP ACADEMIC AFFAIRS/PROVOS

    Total calculated
    $245,111
    From this org
    $186,130
    From related orgs
    $0
    Other
    $58,981
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,350
    Bonus
    $510
    Other
    $270
    Deferred
    $15,981
    Nontaxable benefits
    $43,000
    Filer's total
    $245,111

  • PETER RYSAVY

    CIO

    Total calculated
    $173,425
    From this org
    $146,630
    From related orgs
    $0
    Other
    $26,795
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,675
    Bonus
    $685
    Other
    $270
    Deferred
    $11,358
    Nontaxable benefits
    $15,437
    Filer's total
    $173,425

  • WILLIAM RIVERS

    ASSOCIATE PROFESSOR

    Total calculated
    $142,727
    From this org
    $109,451
    From related orgs
    $0
    Other
    $33,276
    Hours/week
    40

  • LARRY EBY

    EX. DIR. INSTITUTIONAL ADV

    Total calculated
    $157,083
    From this org
    $112,864
    From related orgs
    $0
    Other
    $44,219
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $110,319
    Bonus
    $510
    Other
    $2,035
    Deferred
    $9,207
    Nontaxable benefits
    $35,012
    Filer's total
    $157,083

  • JEREMY BENOIT

    ATHLETIC DIRECTOR

    Total calculated
    $143,040
    From this org
    $120,763
    From related orgs
    $0
    Other
    $22,277
    Hours/week
    40

  • FATMA ABDEL-RAOUF

    PROFESSOR

    Total calculated
    $152,773
    From this org
    $109,303
    From related orgs
    $0
    Other
    $43,470
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $96,114
    Bonus
    $30
    Other
    $13,159
    Deferred
    $8,989
    Nontaxable benefits
    $34,481
    Filer's total
    $152,773

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
  • 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
HOUSING ALLOWANCE - THE COLLEGE'S PRESIDENT IS REQUIRED TO LIVE IN AN ON CAMPUS RESIDENCE. THE ARRANGEMENT MEETS THE IRC EXCLUSION FROM GROSS INCOME AND IS THEREFORE EXCLUDED FROM COMPENSATION REPORTED ON THE PRESIDENT'S FORM W-2.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
14 May 2026
IRS schema version
2024v5.5
Source object
202611349349310821

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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