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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 Ferrum College

Ferrum College

Fiscal year ending 2017. Filed on May 15, 2018.

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 2017 IRS Form 990 filing, Ferrum College, a 501(c)(3) charitable organization, reported compensation for 8 out of 1,323 total employees. Among the employees shown here, the average compensation is $163,988. The highest compensated employee at Ferrum College is Dr Jennifer L Braaten with fiscal year 2017 compensation of $275,294.

Revenue, expenses, and employee compensation

Revenue

$57,698,507

Expenses

$54,376,055

Employee compensation

$19,597,275
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dr Jennifer L Braaten
Fomer President
$275,294
$260,103 No related comp$15,191
Dr Gail Summer
Vice President Vice President for Academic Affairs
$176,094
$159,349 No related comp$16,745
Christopher Burnley
Vice President for Business and Financ
$173,375
$155,993 No related comp$17,382
George Seals
Vice President for Instutitional Advan
$168,739
$152,167 No related comp$16,572
Dr Christine Stinson
Associate Professor of Accounting
$143,896
$129,868 No related comp$14,028
Dr Andrea Zuschin
Vice President, Student Affairs
$135,617
$126,256 No related comp$9,361
Joseph Spooner
President
$124,583
$115,150 No related comp$9,433
Christopher Chandler
Human Resources Director
$114,303
$100,555 No related comp$13,748

Benchmark Employee Compensation

Non-Employee Board Members

Annita P Nelson
Trustee
Baxter Phillips Jr
Trustee
Betty J Forbes
Trustee
Bishop Young Jin Cho
Trustee
Carolyn L Smith
Trustee
D Scott Showalter
Trustee
Don L Wilson
Trustee
Elizabeth M Hairfiled
Trustee
George D Yancey
Trustee
Glenn F Thomsen
Second Vice Chair
Harry G Norris
First Vice Chair
Hon Martin E Williams
Trustee

Contractors

Paul R Shively Inc.
Construction
$289,596
Ellucian
IT
$246,076
Moores Electrical Mechanical Constructio
Construction
$234,168
Shentel
IT
$213,279
Holiday Tours
Travel
$182,547

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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