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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 Drake University

Drake University

Fiscal year ending 2021. Filed on May 13, 2022.

2507 University Ave
300
Des Moines, Iowa 50311

Drake University (EIN: 42-0680460) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Drake University, a 501(c)(3) charitable organization, reported compensation for 10 out of 2,973 total employees. Among the employees shown here, the average compensation is $336,521. The highest compensated employee at Drake University is Earl Martin with fiscal year 2021 compensation of $903,694.

Revenue, expenses, and employee compensation

Revenue

$245,392,452

Expenses

$217,987,751

Employee compensation

$89,606,402
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Earl Martin
President
$903,694
$735,002 No related comp$168,692
Darian Devries
HEAD Coach - Men'S Basketball
$452,990
$423,305 No related comp$29,685
Jennie Baranczyk
HEAD Coach - Women'S Basketball
$425,157
$394,841 No related comp$30,316
Allan Vestal
Professor of Law
$283,792
$258,061 No related comp$25,731
Jerry Anderson
DEAN of LAW School
$254,541
$230,413 No related comp$24,128
Brian Hardin
Athletic Director
$233,065
$210,416 No related comp$22,649
Sue Mattison
Provost
$225,479
$202,467 No related comp$23,012
John Smith
Vice President and Secretary
$215,442
$186,747 No related comp$28,695
Adam Voigts
Chief Financial Officer and Treasurer
$194,419
$172,850 No related comp$21,569
Venessa Kuhlmann-MacRo
Chief Administrative Officer
$176,632
$155,968 No related comp$20,664

Benchmark Employee Compensation

Non-Employee Board Members

Cain Hayes
Trustee (Until 6/30/21)
Cathryn Lacy
Vice Chair and Trustee
Cynthia Lesher
Trustee
Daniel Jacobi
Vice Chair and Trustee
David Golder
Vice Chair and Trustee
David Miles
Trustee
Douglas Bruce
Trustee
Douglas Lang
Trustee
Greg Johansen
Vice Chair and Trustee
Ike Vanden Eykel
Trustee
Jim Wallace
Vice Chair and Trustee
Joe Aiello
Trustee

Contractors

The Weitz Company LLC
Construction Projects
$5,757,930
Story Construction
Construction Projects
$4,658,815
Sodexo Inc. & Affiliates
Food
$2,485,082
Des Moines Independent Community School
Head Start Program
$2,018,107
Wiley Edu LLC
Strategic Consultation and Support
$1,078,480

Mission Statement

SEE SCHEDULE O.DRAKE'S MISSION IS TO PROVIDE AN EXCEPTIONAL LEARNING ENVIRONMENT THAT PREPARES STUDENTS FOR MEANINGFUL PERSONAL LIVES, PROFESSIONAL ACCOMPLISHMENTS, AND RESPONSIBLE GLOBAL CITIZENSHIP. THE DRAKE EXPERIENCE IS DISTINGUISHED BY COLLABORATIVE LEARNING AMONG STUDENTS, FACULTY, AND STAFF AND BY THE INTEGRATION OF THE LIBERAL ARTS AND SCIENCES WITH PROFESSIONAL PREPARATION.

Revisions to this organization profile

February 24, 2025:
2024 Drake University 990 filed
May 7, 2024:
2023 Drake University 990 filed
March 3, 2023:
2022 Drake University 990 filed

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