Ferrum College

Fiscal year ending 2024. Filed on May 15, 2025.

P O Box 1000
Ferrum, Virginia 24088

Ferrum College (EIN: 54-0506457) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Ferrum College, a 501(c)(3) charitable organization, reported compensation for 7 out of 694 total employees. Among the employees shown here, the average compensation is $133,696. The highest compensated employee at Ferrum College is Dr Mirta M Martin with fiscal year 2024 compensation of $200,294.

Revenue, expenses, and employee compensation

Revenue

$43,150,167

Expenses

$47,747,076

Employee compensation

$14,389,773
Revenue, expenses, and employee compensation over time

Mission Statement

FERRUM COLLEGE IS A PRIVATE LIBERAL ARTS INSTITUTION THAT PROVIDES BOTH UNDERGRADUATE AND GRADUATE DEGREES. WE ARE A DYNAMIC LEARNING COMMUNITY WHERE STUDENTS ENTER WITH PROMISE AND LEAVE WITH PURPOSE. THE MISSION IS SUPPORTED BY OUR VISION TO INSPIRE EVERYONE TO DO GOOD WORK, BUILD GOOD FUTURES, AND LIVE GOOD LIVES. THROUGH GENEROSITY OF SPIRIT, BEING A COMMUNITY THAT CONNECTS AND INSPIRES, PROVIDING OPPORTUNITY, REGARDLESS OF BACKGROUND, AND EXHIBITING RESILIENCE THROUGH INNOVATION AND RESOURCEFULNESS, WE STRENGTHEN OUR MISSION AND VISION. OUR ONE PRIORITY IS TO FULFILL THE PROMISE OF COLLEGE BY PROVIDING PATHWAYS TO MEANINGFUL WORK, MAKING EDUCATION ATTAINABLE, AND STAYING CONNECTED FOR A LIFETIME.

Revisions to this organization profile

May 15, 2025:
2024 Ferrum College 990 filed
May 15, 2024:
2023 Ferrum College 990 filed
May 8, 2023:
2022 Ferrum College 990 filed

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