Totals
- Total revenue
- $37,917,730
- Total expenses
- $39,107,647
- Contributions and grants received
- $6,170,263
- Grants paid
- $14,185,950
- Program service revenue
- $27,060,624
- Investment income
- $4,006,237
- Other revenue
- $680,606
- Total assets, end of year
- $130,338,127
- Total liabilities, end of year
- $4,621,180
- Net assets or fund balances, end of year
- $125,716,947
- Program services expenses (Part IX)
- $34,234,398
- Management and general expenses
- $3,839,726
- Fundraising expenses
- $1,033,523
- Program service expenses (Part III)
- $34,234,398
Program services were 87.5% 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.
-
1e · Government grants (contributions)
$2,972,684
-
1f · All other contributions, gifts and grants
$3,197,579
-
1g · Noncash contributions included above
$618,530
-
2a · Program service revenue: TUITION AND FEES
total $20,672,450 · related or exempt $20,672,450
-
2b · Program service revenue: AUXILIARY ENTERPRISE REVENUE
total $6,388,174 · related or exempt $5,979,758 · unrelated business $408,416
-
3 · Investment income
total $1,812,491 · excluded $1,812,491
-
7a · Gross sales of assets other than inventory
securities $2,193,746
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $2,193,746
-
7d · Net gain or loss
total $2,193,746 · excluded $2,193,746
-
9a · Gaming: gross income
$52,350
-
9b · Gaming: direct expenses
$4,735
-
9c · Net income from gaming
total $47,615 · related or exempt $47,615
-
11a · Other revenue: OTHER INCOME
total $632,991 · related or exempt $632,991
-
11e · Other revenue, total
$632,991
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $14,185,950 · program services $14,185,950
-
5 · Compensation of officers, directors and key employees
total $1,081,833 · program services $435,026 · management and general $297,718 · fundraising $349,089
-
7 · Other salaries and wages
total $8,696,970 · program services $7,467,060 · management and general $956,686 · fundraising $273,224
-
8 · Pension plan contributions
total $271,895 · program services $232,067 · management and general $30,921 · fundraising $8,907
-
9 · Other employee benefits
total $1,674,892 · program services $1,336,077 · management and general $281,045 · fundraising $57,770
-
10 · Payroll taxes
total $616,212 · program services $522,750 · management and general $72,560 · fundraising $20,902
-
11f · Fees: investment management
total $271,534 · management and general $271,534
-
11g · Fees: other
total $154,745 · management and general $154,745
-
13 · Office expenses
total $1,094,654 · program services $948,009 · management and general $120,624 · fundraising $26,021
-
16 · Occupancy
total $1,193,086 · program services $1,141,605 · management and general $7,963 · fundraising $43,518
-
17 · Travel
total $717,067 · program services $646,023 · management and general $14,124 · fundraising $56,920
-
19 · Conferences, conventions and meetings
total $19,556 · management and general $16,037 · fundraising $3,519
-
22 · Depreciation, depletion and amortization
total $2,676,114 · program services $2,400,356 · management and general $234,225 · fundraising $41,533
-
24a · Other expenses: CONTRACT SERVICES
total $3,441,696 · program services $2,420,765 · management and general $960,059 · fundraising $60,872
-
24b · Other expenses: MISCELLANEOUS
total $2,181,198 · program services $2,020,123 · management and general $110,029 · fundraising $51,046
-
24c · Other expenses: EQUIPMENT RENTAL AND MA
total $531,583 · program services $300,097 · management and general $228,539 · fundraising $2,947
-
24d · Other expenses: PRINTING & PUBLICATIONS
total $199,270 · program services $169,002 · management and general $1,585 · fundraising $28,683
-
24e · All other expenses
total $99,392 · program services $9,488 · management and general $81,332 · fundraising $8,572
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,131,019 · end of year $2,850,594
-
3 · Pledges and grants receivable
beginning of year $22,313,147 · end of year $7,044,780
-
4 · Accounts receivable
beginning of year $2,372,074 · end of year $1,233,644
-
8 · Inventories for sale or use
beginning of year $80,227 · end of year $68,700
-
10a · Land, buildings and equipment: cost or other basis
$103,529,654
-
10b · Land, buildings and equipment: accumulated depreciation
$55,611,586
-
10c · Land, buildings and equipment, net
beginning of year $34,844,238 · end of year $47,918,068
-
11 · Investments: publicly traded securities
beginning of year $51,669,083 · end of year $59,188,897
-
12 · Investments: other securities
beginning of year $2,430,897 · end of year $2,091,514
-
15 · Other assets
beginning of year $9,698,125 · end of year $9,941,930
-
17 · Accounts payable and accrued expenses
beginning of year $2,535,905 · end of year $3,419,854
-
19 · Deferred revenue
beginning of year $410,454 · end of year $405,971
-
23 · Secured mortgages and notes payable
beginning of year $695,159 · end of year $292,142
-
25 · Other liabilities
beginning of year $171,563 · end of year $503,213
-
27 · Net assets without donor restrictions
beginning of year $37,364,526 · end of year $32,277,075
-
28 · Net assets with donor restrictions
beginning of year $83,361,203 · end of year $93,439,872
Mission and programs · 2023
Mission
TO PREPARE AND INSPIRE STUDENTS FOR SUCCESS AND FOR THOUGHTFUL ENGAGEMENT IN THE WORLD.
-
EDUCATION - PROVIDE HIGHER EDUCATION TO STUDENTS.
Expenses $34,234,398 · Grants $14,185,950 · Revenue $27,332,814
As filed on the 2023 return.
Listed in Part VII
-
MR CHRIS A WOOD
PRESIDENT
- Total calculated
- $283,942
- From this org
- $233,997
- From related orgs
- $0
- Other
- $49,945
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $233,997
- Bonus
- $0
- Other
- $0
- Deferred
- $30,000
- Nontaxable benefits
- $19,945
- Filer's total
- $283,942
-
MR DAVID E CUTLIP
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
MR BARRY A GREENE
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
MR REGINALD OWENS
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
MS BARBARA PORTER
BOARD VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
MS JOYCE B ALLEN
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR MARK S BARBER
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR JAMES BIALEK
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MS SARAH BILLER
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR NATHANIEL BONNELL
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MS MELANIE DEMPSEY
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MS NANCY EVANS-BENNETT
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DR KIMBERLY M FARRY
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR WILLIAM N JOHNSTON
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR HENRY M MOORE
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MS JUNE B MYLES
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR WILLIAM W NUTTALL
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DR JOHN OCHSENDORF
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DR NICOLAAS P PRONK
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DR ROBERT G SMITH
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR LOUIS W STARK
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR PAUL S STIRRUP
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR LEONARD J TIMMS
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MS AMBER VINEYARD
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MS KAREN H BERNER
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR JAMES S MCDONNELL III
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MS DOROTHY H WAMSLEY
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MS ROBIN PRICE
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ROSEMARY M THOMAS
EXECUTIVE VICE PRESIDENT
- Total calculated
- $166,953
- From this org
- $149,531
- From related orgs
- $0
- Other
- $17,422
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $149,531
- Bonus
- $0
- Other
- $0
- Deferred
- $5,681
- Nontaxable benefits
- $11,741
- Filer's total
- $166,953
-
ROBERT J PHILLIPS
PROVOST AND VP FOR ACADEMIC AFFAIRS
- Total calculated
- $158,028
- From this org
- $126,400
- From related orgs
- $0
- Other
- $31,628
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $126,400
- Bonus
- $0
- Other
- $0
- Deferred
- $4,764
- Nontaxable benefits
- $26,864
- Filer's total
- $158,028
-
SCOTT D GOODARD
VP FOR INSTITUTIONAL ADVANCEMENT
- Total calculated
- $125,115
- From this org
- $107,238
- From related orgs
- $0
- Other
- $17,877
- Hours/week
- 37.5
-
ROBERT O HARDMAN
VP FOR BUSINESS AND ADMINISTRATION
- Total calculated
- $110,436
- From this org
- $94,610
- From related orgs
- $0
- Other
- $15,826
- Hours/week
- 37.5
-
PATRICK M SNIVELY
ATHLETIC DIRECTOR
- Total calculated
- $91,391
- From this org
- $77,798
- From related orgs
- $0
- Other
- $13,593
- Hours/week
- 37.5
-
KATHERINE GARLICK
DEAD OF STUDENTS
- Total calculated
- $85,404
- From this org
- $67,449
- From related orgs
- $0
- Other
- $17,955
- Hours/week
- 37.5
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, 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 · Written employment contract
- 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
- THE COLLEGE PROVIDES THE PRESIDENT WITH HOUSING AND A VEHICLE.
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
- 2023
- Filed
- 13 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511349349307751
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.