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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Averett University

Averett University

Fiscal year ending 2023. Filed on May 14, 2024.

420 West Main Street
Danville, Virginia 24541

Averett University (EIN: 54-0129860) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2023 IRS Form 990 filing, Averett University, a 501(c)(3) charitable organization, reported compensation for 8 out of 715 total employees. Among the employees shown here, the average compensation is $208,579. The highest compensated employee at Averett University is Tiffany Franks with fiscal year 2023 compensation of $349,492.

Revenue, expenses, and employee compensation

Revenue

$54,663,239

Expenses

$60,055,807

Employee compensation

$18,081,966
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Tiffany Franks
President
$349,492
$321,845 No related comp$27,647
Don Aungst
Vice President and Chief Financial Officer
$278,151
$246,977 No related comp$31,174
Michael Boehm
Chief Information Officer
$208,930
$179,140 No related comp$29,790
Lee Beaumont
Vice President Admissions
$191,256
$167,228 No related comp$24,028
Melissa Wohlstein
Vice President, Advancement
$190,488
$160,200 No related comp$30,288
Teresa Beach
DEAN School of Nursing
$156,150
$133,854 No related comp$22,296
Venita Mitchell
Vice President Student Engagement
$153,396
$133,434 No related comp$19,962
Ginger Henderson
Vice President, Academic Affairs
$140,771
$122,417 No related comp$18,354

Benchmark Employee Compensation

Non-Employee Board Members

Annie Wimbush
Chair
Bradley Cohen
Trustee
Brandon Potter
Trustee
Brenda Bowman
Trustee
Calvin Snowden
Trustee
Christopher West
Trustee
Daniel Carlton
Trustee
Deborah Upton
Trustee
Ellen Beville
Trustee
Emma Maddux Kozlowski
Vice Chair
Gary Collins
Trustee
Hampton Wilkins
Trustee

Contractors

Cloud Control Media LLC
Contract Management Fee
$1,821,185
Aramark
Contract Management Fee
$1,629,861
Wff Facility Services LLC
Contract Management Fee
$1,441,412
Orbis Education
Contract Management Fee
$630,986
Ellucian
Contract Management Fee
$510,201

Mission Statement

AVERETT UNIVERSITY PREPARES STUDENTS TO SERVE AND LEAD AS CATALYSTS FOR POSITIVE CHANGE. AVERETT FULFILLS THIS MISSION BY EDUCATING STUDENTS FROM DIVERSE BACKGROUNDS, CULTURES AND NATIONS THROUGH LIBERAL ARTS-BASED UNDERGRADUATE AND GRADUATE PROGRAMS IN A PERSONAL, COLLEGIAL, INTERDISCIPLINARY ENVIRONMENT.

Revisions to this organization profile

May 15, 2025:
2024 Averett University 990 filed
May 14, 2024:
2023 Averett University 990 filed
May 16, 2023:
2022 Averett University 990 filed

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