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Nonprofiteer
← WHEATON COLLEGE

Form 990 for tax year 2022

Filed by WHEATON COLLEGE.

Totals

Total revenue
$181,635,763
Total expenses
$175,303,151
Contributions and grants received
$34,317,420
Grants paid
$44,749,799
Program service revenue
$127,639,901
Investment income
$18,740,032
Other revenue
$938,410
Total assets, end of year
$1,048,214,568
Total liabilities, end of year
$190,453,052
Net assets or fund balances, end of year
$857,761,516
Program services expenses (Part IX)
$144,177,192
Management and general expenses
$24,123,811
Fundraising expenses
$7,002,148
Program service expenses (Part III)
$144,177,192

Program services were 82.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Andrea D Scott

    Vice Chair/Trustee

    Total calculated
    $0
    Hours/week
    2
  • James A Goetz

    Chair/Trustee

    Total calculated
    $0
    Hours/week
    2 + 1 related
  • Jeffrey S Meyer

    Secretary/Trustee

    Total calculated
    $0
    Hours/week
    2
  • Philip G Ryken

    President/Trustee

    Total calculated
    $516,481
    From this org
    $380,220
    From related orgs
    $0
    Other
    $136,261
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $377,913
    Bonus
    $0
    Other
    $2,307
    Deferred
    $34,267
    Nontaxable benefits
    $101,994
    Filer's total
    $516,481
  • Barbara W Anderson

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Charles Pollard

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Dale C Wong

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • David K Gieser

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 1 related
  • Dr Darrell L Bock

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 1 related
  • Gregory L Jao

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Gregory L Waybright

    Trustee

    Total calculated
    $78,003
    From this org
    $73,380
    From related orgs
    $0
    Other
    $4,623
    Hours/week
    2 + 1 related
  • John H Augustine

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Kathryn H Vaselkiv

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Kurt A Keilhacker

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Lisa K Beamer

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Mary J Schaller

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Rev Irwyn L Ince

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Steven C Preston

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • J Chadwick Rynbrandt

    VP for Finance & Operations, Treasurer

    Total calculated
    $331,797
    From this org
    $280,866
    From related orgs
    $0
    Other
    $50,931
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $242,737
    Bonus
    $0
    Other
    $38,129
    Deferred
    $26,379
    Nontaxable benefits
    $24,552
    Filer's total
    $331,797
  • Karen Lee

    Provost

    Total calculated
    $270,382
    From this org
    $224,322
    From related orgs
    $0
    Other
    $46,060
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $223,831
    Bonus
    $0
    Other
    $491
    Deferred
    $23,702
    Nontaxable benefits
    $22,358
    Filer's total
    $270,382
  • Kirk D Farney

    VP for Advancement & Alumni Relations

    Total calculated
    $278,914
    From this org
    $232,570
    From related orgs
    $0
    Other
    $46,344
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $230,253
    Bonus
    $0
    Other
    $2,317
    Deferred
    $25,185
    Nontaxable benefits
    $21,159
    Filer's total
    $278,914
  • Paul Chelsen

    Vice President - Student Development

    Total calculated
    $265,054
    From this org
    $174,366
    From related orgs
    $0
    Other
    $90,688
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,820
    Bonus
    $0
    Other
    $546
    Deferred
    $18,792
    Nontaxable benefits
    $71,896
    Filer's total
    $265,054
  • Silvio Vazquez

    Chief Enrollment Management Officer

    Total calculated
    $222,377
    From this org
    $173,951
    From related orgs
    $0
    Other
    $48,426
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,875
    Bonus
    $0
    Other
    $1,076
    Deferred
    $19,000
    Nontaxable benefits
    $29,426
    Filer's total
    $222,377
  • Vanessa Wynder Quainoo

    Chief Intercultural Engagement Officer (From July, 2022)

    Total calculated
    $93,960
    From this org
    $77,872
    From related orgs
    $0
    Other
    $16,088
    Hours/week
    40
  • Alan Wolff

    Chief Information Officer (from January, 2022)

    Total calculated
    $227,284
    From this org
    $207,509
    From related orgs
    $0
    Other
    $19,775
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $181,886
    Bonus
    $0
    Other
    $25,623
    Deferred
    $10,675
    Nontaxable benefits
    $9,100
    Filer's total
    $227,284
  • Jay Bieszke

    Director of Facilities

    Total calculated
    $197,925
    From this org
    $161,604
    From related orgs
    $0
    Other
    $36,321
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $161,230
    Bonus
    $0
    Other
    $374
    Deferred
    $10,263
    Nontaxable benefits
    $26,058
    Filer's total
    $197,925
  • Kenneth Larson

    Investment Manager

    Total calculated
    $247,255
    From this org
    $181,028
    From related orgs
    $0
    Other
    $66,227
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $179,214
    Bonus
    $0
    Other
    $1,814
    Deferred
    $11,403
    Nontaxable benefits
    $54,824
    Filer's total
    $247,255
  • Carlos Garcia

    Controller

    Total calculated
    $184,613
    From this org
    $146,046
    From related orgs
    $0
    Other
    $38,567
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,560
    Bonus
    $0
    Other
    $486
    Deferred
    $9,172
    Nontaxable benefits
    $29,395
    Filer's total
    $184,613
  • EDWARD STETZER

    DEAN & EXEC DIR WCBGC

    Total calculated
    $234,461
    From this org
    $182,145
    From related orgs
    $0
    Other
    $52,316
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $180,966
    Bonus
    $0
    Other
    $1,179
    Deferred
    $11,327
    Nontaxable benefits
    $40,989
    Filer's total
    $234,461
  • Jamie Aten

    Professor/Exec Director of HDI

    Total calculated
    $196,271
    From this org
    $154,264
    From related orgs
    $0
    Other
    $42,007
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,031
    Bonus
    $0
    Other
    $233
    Deferred
    $9,845
    Nontaxable benefits
    $32,162
    Filer's total
    $196,271
  • Mark Yarhouse

    Professor

    Total calculated
    $204,048
    From this org
    $166,612
    From related orgs
    $0
    Other
    $37,436
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,210
    Bonus
    $0
    Other
    $402
    Deferred
    $8,070
    Nontaxable benefits
    $29,366
    Filer's total
    $204,048
  • Michael Wilder

    Dean of Music & Communications

    Total calculated
    $182,863
    From this org
    $147,013
    From related orgs
    $0
    Other
    $35,850
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,308
    Bonus
    $0
    Other
    $2,705
    Deferred
    $9,044
    Nontaxable benefits
    $26,806
    Filer's total
    $182,863

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 · Tax indemnification and gross-up payments
  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 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 Tax indemnification and gross-up payments
The College provided tax gross up payments related to educational benefits provided to one officer. Such benefits were included in taxable income for the recipient.
Schedule J, Part I, Line 1a Housing allowance or residence for personal use
The President of the College receives a housing allowance that is excluded from taxable income pursuant to IRC §119.

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

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.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • WHEATON COLLEGE TRUST COMPANY NA

    C Corporation · TRUST ADMINISTRATION · IL · 99.7% owned · share of income $1,281,926 · share of assets $3,939,118 · controlled entity

    Directly controlled by WHEATON COLLEGE

  • Charitable Remainder Trust

    Trust · Trust · IL · controlled entity

    Directly controlled by Wheaton College

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202421369349315667

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

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