Compensation 990

Hanover College

Fiscal year ending 2024. Filed on February 26, 2025.

517 Ball Drive
Hanover, Indiana 47243

Hanover College (EIN: 35-0868096) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Hanover College, a 501(c)(3) charitable organization, reported compensation for 8 out of 853 total employees. Among the employees shown here, the average compensation is $220,122. The highest compensated employee at Hanover College is Dr Lake Lambert with fiscal year 2024 compensation of $370,644.

Revenue, expenses, and employee compensation

Revenue

$78,898,162

Expenses

$85,928,515

Employee compensation

$25,076,814
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋3.1%vs 2023
Dr Lake Lambert
President
$370,644
$304,209 from orgNo related comp$66,435 other
＋62.8%vs 2022
Dewain Lee
Vice President for Student Affairs (Until 8/31/23)
$246,716
$234,742 from orgNo related comp$11,974 other
＋1.2%vs 2022
Carey Adams
Provost and Vice President for Academic Affairs
$204,823
$176,396 from orgNo related comp$28,427 other
－0.2%vs 2023
Melba Rodriguez
Vice President, Advancement
$202,040
$171,858 from orgNo related comp$30,182 other
＋8.0%vs 2022
Kerry Volansky
Associate Provost for Graduate Studies
$190,610
$163,547 from orgNo related comp$27,063 other
＋10.5%vs 2022
Peter Ashley
Vice President for Enrollment and Marketing
$189,891
$162,156 from orgNo related comp$27,735 other
－1.6%vs 2023
Vincent Morris
Vice President for Business Affairs
$187,908
$167,710 from orgNo related comp$20,198 other
New in 2024
Sheri Montgomery
Professor of Occupational Therapy (Clinical)
$168,344
$146,473 from orgNo related comp$21,871 other

Non-Employee Board Members

Alice Clark
Board Member
Amanda Black
Board Member
Andrew Gigante
Board Member
Beth Baylor
Board Member
Betsy Johnson
Board Member
Bryan Ruder
Board Member
Christopher Welker
Board Vice Chair
D Wade Clapp
Board Member
Daniel Abrell
Board Member
Dave A Chroback
Board Member
Desa Bubnovich
Board Member
Dr Brian Haag
Board Member

Mission Statement

Since its founding in 1827, Hanover College has been committed to providing a true liberal arts education. Hanover College offers 35 Majors of study as well as the opportunity for students to self-design their own major. Hanover also offers 8 Pre-Professional pathways and a Graduate Program, The Graduate Program Doctor of Physical Therapy which currently has an enrollment of 149 for fall 2024. The Graduate Program Doctor of Occupational Therapy has an enrollment of 58 for fall 2024.

Revisions to this organization profile

February 26, 2025:
2024 Hanover College 990 filed
May 14, 2024:
2023 Hanover College 990 filed
April 10, 2023:
2022 Hanover College 990 filed

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