Totals
- Total revenue
- $5,516,565
- Total expenses
- $5,860,831
- Contributions and grants received
- $3,381,550
- Grants paid
- $0
- Program services expenses (Part IX)
- $4,466,403
- Management and general expenses
- $910,434
- Fundraising expenses
- $483,994
- Program service expenses (Part III)
- $4,466,403
Program services were 76.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
SUSAN R WENTE PHD
PRESIDENT OF
- Total calculated
- $1,883,267
- From this org
- $0
- From related orgs
- $1,519,832
- Other
- $363,435
- Hours/week
- 0.5 + 34 related
Schedule J breakdown matched by us
- Base
- not reported + $1,129,530 related
- Bonus
- not reported + $322,500 related
- Other
- not reported + $67,802 related
- Deferred
- not reported + $288,531 related
- Nontaxable benefits
- not reported + $74,904 related
- Filer's total
- not reported + $1,883,267 related
-
AMY MCMICHAEL
DIRECTOR
- Total calculated
- $519,774
- From this org
- $0
- From related orgs
- $468,442
- Other
- $51,332
- Hours/week
- 2.5 + 37.5 related
Schedule J breakdown matched by us
- Base
- not reported + $466,104 related
- Bonus
- not reported + $69 related
- Other
- not reported + $2,269 related
- Deferred
- not reported + $25,992 related
- Nontaxable benefits
- not reported + $25,340 related
- Filer's total
- not reported + $519,774 related
-
ALLISON C PERKINS
EXECUTIVE DI
- Total calculated
- $364,081
- From this org
- $0
- From related orgs
- $298,121
- Other
- $65,960
- Hours/week
- 35 + 5 related
Schedule J breakdown matched by us
- Base
- not reported + $297,725 related
- Bonus
- not reported
- Other
- not reported + $396 related
- Deferred
- not reported + $36,129 related
- Nontaxable benefits
- $970 + $28,861 related
- Filer's total
- $970 + $363,111 related
-
KIM S HAMPTON
DIRECTOR OF
- Total calculated
- $136,973
- From this org
- $114,742
- From related orgs
- $0
- Other
- $22,231
- Hours/week
- 40
-
PHIL ARCHER
DEPUTY DIREC
- Total calculated
- $124,228
- From this org
- $104,259
- From related orgs
- $0
- Other
- $19,969
- Hours/week
- 40
-
IRIS COLE
VICE PRESIDE
- Total calculated
- $33,600
- From this org
- $0
- From related orgs
- $33,600
- Other
- $0
- Hours/week
- 2.5
-
BARBARA B MILLHOUSE
FOUNDING PRE
- Total calculated
- $0
- Hours/week
- 1
-
DIANNE BLIXT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BECKY BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CANDICE BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MARY KATHERINE CRANE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ANNAMARIE D'SOUZA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LYNN EISENBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JAY EVERETTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2.5
-
GEORGE VERONIQUE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOHN HOEMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
VANCE HORNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ED MCKEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MEGAN MEDICA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PAUL MILLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MELODY PIERCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ELWOOD ROBINSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2.5
-
GWYNNE TAYLOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JASON WENKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2.5
-
RICHARD WIMMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DR RANDELL A CAIN JR
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
EMILY ROSTLUND
SECRETARY/DI
- Total calculated
- $0
- Hours/week
- 2.5
-
DAVID NEILL
TREASURER/DI
- Total calculated
- $0
- Hours/week
- 2.5
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 — 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 · 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 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- SCHEDULE J, PAGE 1, PART I, LINE 1A
- SOCIAL CLUB DUES ARE PROVIDED BY THE ORGANIZATION WHEN MEMBERSHIP FULFILLS A MUSEUM BUSINESS PURPOSE. ALL SUCH DUES ARE MONITORED FOR PERSONAL USE AND INCLUDED IN TAXABLE COMPENSATION WHEN APPLICABLE.
- SCHEDULE J, PAGE 1, PART I, LINE 7
- VARIOUS OFFICERS WERE PROVIDED INCENTIVE COMPENSATION COMPONENTS BASED ON THEIR PERFORMANCE. THESE ARE DETERMINED IN THE COURSE OF EVALUATION OF THE EMPLOYEE'S ACHIEVEMENTS BY HIS OR HER SUPERVISOR, OR THE COMPENSATION COMMITTEE OF THE FILING ORGANIZATION'S BOARD, AS APPLICABLE.
- SCHEDULE J, PART III
- PART 1, LINE 4B: THE COMPENSATION OF DR. SUSAN R. WENTE, PRESIDENT OF WAKE FOREST UNIVERSITY, INCLUDES 262,656 SHOWN IN SCHEDULE J, PART II, COLUMN C, FROM HER PARTICIPATION IN A DEFERRED COMPENSATION ARRANGEMENT. ALL COMPENSATION PAID TO DR. WENTE IS PAID BY RELATED ORGANIZATION, WAKE FOREST UNIVERSITY. THE COMPENSATION OF ALLISON PERKINS, EXECUTIVE DIRECTOR, INCLUDES 5,556 SHOWN IN SCHEDULE J, PART II, COLUMN C, FROM HER PARTICIPATION IN A DEFERRED COMPENSATION ARRANGEMENT. PART II, ITEM 1: THE PARENT ORGANIZATION OF THE FILING ORGANIZATION, WAKE FOREST UNIVERSITY (WFU), ISSUED THE FORM W-2 FOR THE FILING ORGANIZATION'S EXECUTIVE DIRECTOR, ALLISON PERKINS, WHICH STATEMENT ENCOMPASSES COMPENSATION FOR HER SERVICES AS BOTH THE EXECUTIVE DIRECTOR OF THE FILING ORGANIZATION AND AS AN ASSOCIATE PROVOST OF WFU. THE FILING ORGANIZATION REIMBURSES WFU FOR THE VALUE OF HER SERVICES AS THE FILING ORGANIZATION'S EXECUTIVE DIRECTOR.
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501C3 · EDUCATION · NC
Directly controlled by NA
-
WAKE FOREST UNIVERSITY FOUNDATION
501C3 · REAL ESTAT · NC
Directly controlled by WAKE FORES
-
WAKE FOREST UNIVERSITY HEALTH SCIEN
501C3 · MEDICAL ED · NC
Directly controlled by WAKE FORES
-
WAKE FOREST UNIVERSITY DEVELOPMENT
501C3 · MANAGEMENT · NC
Directly controlled by WAKE FORES
-
WFU HEALTH SCIENCES GROUP RETURN
501C3 · KIDNEY DIA · NC
Directly controlled by WFU HEALTH
-
WAKE FOREST INNOVATION QUARTER DEVE
501C6 · RESEARCH · NC
Directly controlled by WFU HEALTH
-
501C3 · RESEARCH · NC
Directly controlled by WFU HEALTH
-
REGENMED DEVELOPMENT ORGANIZATION
501C3 · EDUCATION · NC
Directly controlled by WFU HEALTH
-
WAKE FOREST INNOVATION QUARTER CDC
501C3 · RESEARCH · NC
Directly controlled by WFU HEALTH
-
CHILDRESS INST FOR PEDIATRIC TRAUMA
501C3 · RESEARCH · NC
Directly controlled by WFU HEALTH
-
WAKE FOREST EMERGENCY PROVIDERS
501C3 · CLINICS · NC
Directly controlled by WFU HEALTH
-
FUNDACION EDUCACIONAL WAKE FOREST C
501C3 · EDUCATION · CI
Directly controlled by WAKE FORES
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 5 May 2025
- IRS schema version
- 2024v5.0
- Source object
- 202621269349302057
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