Skip to content
Nonprofiteer
← BREVARD COLLEGE CORPORATION

Form 990 for tax year 2022

Filed by BREVARD COLLEGE CORPORATION.

Totals

Total revenue
$34,931,347
Total expenses
$34,079,741
Contributions and grants received
$3,243,279
Grants paid
$12,190,565
Program services expenses (Part IX)
$27,736,621
Management and general expenses
$5,994,382
Fundraising expenses
$348,738
Program service expenses (Part III)
$27,736,621

Program services were 81.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • W HEATHLEY WELDON

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • J PHILLIP JEROME

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1
  • W BRADLEY LAKESON JR

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • DR BETSY O BAREFOOT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DR B BARBARA BOERNER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DR JOHN S BOGGS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ISAAC BRADLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • LT GENERAL RONALD L BURGESS JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JOE DEPIPPO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ART FISHER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CALVIN HARRELSON III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • REGINALD D HEINITSH JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • BARBARA A HULSEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • A EDWIN JONES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DR MARK LEMEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • BARBARA M NESBITT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • LEIGH ANN PICKUP

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ALFRED F PLATT JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • FRANK STOKES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JERRY STONE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ELIZABETH O TAYLOR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DONA D VAUGHN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • W GIL WEST

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL WHITEHEAD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • BRADLEY ANDREWS

    PRESIDENT (BEGINNING JAN 1, 2022)

    Total calculated
    $272,473
    From this org
    $236,542
    From related orgs
    $0
    Other
    $35,931
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $236,542
    Bonus
    $0
    Other
    $0
    Deferred
    $5,000
    Nontaxable benefits
    $30,931
    Filer's total
    $272,473
  • DEBORA D'ANNA

    VP STUDENT SUCCESS & SERVICES

    Total calculated
    $118,028
    From this org
    $103,834
    From related orgs
    $0
    Other
    $14,194
    Hours/week
    40
  • R CHAD HOLT

    VP ADMISSIONS & FINANCIAL AID

    Total calculated
    $131,666
    From this org
    $106,250
    From related orgs
    $0
    Other
    $25,416
    Hours/week
    40
  • JUAN MASCARO

    VP FOR FINANCE AND OPERATIONS/CFO

    Total calculated
    $178,317
    From this org
    $147,693
    From related orgs
    $0
    Other
    $30,624
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,693
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $30,624
    Filer's total
    $178,317
  • PATRICK WAGNER

    VP FOR ALUMNI AFFAIRS & DEVELOPMENT

    Total calculated
    $139,068
    From this org
    $106,062
    From related orgs
    $0
    Other
    $33,006
    Hours/week
    40
  • DAVID JOYCE

    FORMER PRESIDENT (ENDING DEC 31, 2021)

    Total calculated
    $116,005
    From this org
    $115,553
    From related orgs
    $0
    Other
    $452
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $115,553
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $452
    Filer's total
    $116,005

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 · Housing allowance or residence for personal use
  • 1a · Health or social club dues or initiation fees
  • 1a · Personal services (maid, chauffeur, chef)
  • 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
  • 4a · Severance or change-of-control payment

Answered no

  • 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 PRESIDENT WAS PROVIDED A MEMBERSHIP AT A LOCAL COUNTRY CLUB TO BE USED FOR FUNDRAISING ACTIVITIES AND OTHER COLLEGE BUSINESS. USE OF THE MEMBERSHIP IS SUBSTANTIATED. LASTLY, THE COLLEGE PROVIDES HOUSING AND WEEKLY HOUSEKEEPING SERVICES TO THE PRESIDENT FOR THE CONVENIENCE OF THE EMPLOYER SO THAT THE PRESIDENT CAN PERFORM ESSENTIAL COLLEGE BUSINESS AND ACTIVITIES AT THE HOME. BOTH BENEFITS ARE A CONDITION OF EMPLOYMENT AND THEREFORE ARE NOT TREATED AS TAXABLE.
PART I, LINE 4A
THE FORMER PRESIDENT, DAVID JOYCE, WAS ENTITLED TO A SEVERANCE BENEFIT. THE PAYOUT OF SUCH BENEFIT WAS EFFECTIVE AS OF RETIREMENT, PROVIDED FULFILLMENT OF DAVID JOYCE'S CONTRACT THROUGH DECEMBER 31, 2021. THE FORMER PRESIDENT IS TO BE PAID 100% OF HIS BASE SALARY FOR AN ENTITLEMENT PERIOD OF 24 MONTHS. DAVID JOYCE RECEIVED PAYMENT UNDER THE PLAN DURING CALENDAR YEAR 2022 IN THE AMOUNT OF $115,553.

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
2022
Filed
7 April 2024
IRS schema version
2022v5.0
Source object
202441019349300234

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.