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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 Lees-Mcrae College Inc.

Lees-Mcrae College Inc.

Fiscal year ending 2024. Filed on April 12, 2025.

PO Box 128
Banner Elk, North Carolina 28604

Lees-Mcrae College Inc. (EIN: 56-0529953) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Lees-Mcrae College Inc., a 501(c)(3) charitable organization, reported compensation for 8 out of 538 total employees. Among the employees shown here, the average compensation is $170,283. The highest compensated employee at Lees-Mcrae College Inc. is Herbert King Jr with fiscal year 2024 compensation of $298,078.

Revenue, expenses, and employee compensation

Revenue

$36,308,685

Expenses

$37,744,057

Employee compensation

$14,235,751
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Herbert King Jr
President
$298,078
$266,407 No related comp$31,671
Kevin Phillips
Senior Vice President of Enrollment Management
$204,914
$194,596 No related comp$10,318
Alyson Gill
Former Provost and DEAN of Facult
$192,804
$175,246 No related comp$17,558
Susan Boyette
Vice President, Advancement
$186,488
$173,207 No related comp$13,281
Blaine Hansen
Executive Vice President of Strategic Operation, Governance, and Planning
$185,304
$166,495 No related comp$18,809
Jason Jones
Vice President, Student Affairs
$139,899
$122,020 No related comp$17,879
Pamela Vesely
Vice President of Academic Affairs and DEAN of Faculty
$112,681
$99,925 No related comp$12,756
William Durham
Vice President of Business Affairs
$42,092
$38,745 No related comp$3,347

Benchmark Employee Compensation

Non-Employee Board Members

Barbara Kopczynski
Board Trustee
Barry Blake
Board Trustee
Bob Moss
Board Trustee
Bonnie Huff
Board Trustee
Dianne May
Board Trustee
Fred Russell
Board Trustee
Gary T Moss Jr
Board Vice Chair
Harold Kaplan
Board Trustee
Jim McDaniel
Board Trustee
Julia McCombs
Board Trustee
Ken Haigler
Board Trustee
Kim Braswell-McPhail
Board Trustee

Contractors

Frank L Blum Construction
Construction
$9,622,644
Children's Hope Alliance
Child Advocacy and Welfare Organization
$6,000,000
Genuine Food Lab LLC
Food
$2,639,075
Aramark Dallas Lockbox
Food
$1,245,000
Barnes & Noble College Bo
Book Store
$562,772

Mission Statement

LEES-MCRAE COLLEGE EDUCATES AND INSPIRES STUDENTS TO APPROACH LIFE AND WORK FROM A CREATIVE, COLLABORATIVE, AND CRITICAL PERSPECTIVE IN PREPARATION FOR DIVERSE CAREERS AND ENVIRONMENTS

Revisions to this organization profile

April 12, 2025:
2024 Lees-Mcrae College Inc. 990 filed
April 12, 2024:
2023 Lees-Mcrae College Inc. 990 filed
April 12, 2023:
2022 Lees-Mcrae College Inc. 990 filed

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