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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 2021. Filed on May 9, 2022.

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 2021 IRS Form 990 filing, Ferrum College, a 501(c)(3) charitable organization, reported compensation for 6 out of 740 total employees. Among the employees shown here, the average compensation is $150,464. The highest compensated employee at Ferrum College is Dr David Johns with fiscal year 2021 compensation of $236,614.

Revenue, expenses, and employee compensation

Revenue

$55,095,232

Expenses

$50,724,669

Employee compensation

$15,117,212
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dr David Johns
President
$236,614
$228,963 No related comp$7,651
Dr Aime Sposato
Provost
$181,321
$180,572 No related comp$749
Wilson Paine
Vice President for Institutional Advan
$143,142
$136,880 No related comp$6,262
John Sutyak
Athletic Director
$116,731
$110,632 No related comp$6,099
Barbara Hatcher
Vice President for Business and Finance
$112,571
$107,859 No related comp$4,712
Christopher Chandler
Human Resources Director
$112,403
$104,814 No related comp$7,589

Benchmark Employee Compensation

Non-Employee Board Members

Ann Klotz
Trustee
Annita P Nelson
Trustee
Baxter F Phillips Jr
Trustee
Bernice Cobbs
Second Vice Chair
Bruce Whitehurst
Trustee
Carolyn L Smith
Trustee
D Scott Showalter
Chair of the Board of Trustees
David Arrington
Trustee
Denise Bates
Trustee
George D Yancey
Trustee
Glenn Rowley
Trustee
Hon Martin E Williams
Trustee

Contractors

Aladdin Food Mgmt Services LLC
Dining
$2,333,537
Ellucian
Technology Solutions
$290,520
Spark
Admissions Marketing
$197,666
Abbott Bus Lines
Transportation
$159,298
Hoffman Heating and Air
HVAC
$114,000

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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