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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 2023. Filed on April 12, 2024.

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 2023 IRS Form 990 filing, Lees-Mcrae College Inc., a 501(c)(3) charitable organization, reported compensation for 7 out of 523 total employees. Among the employees shown here, the average compensation is $173,313. The highest compensated employee at Lees-Mcrae College Inc. is Herbert King Jr with fiscal year 2023 compensation of $284,321.

Revenue, expenses, and employee compensation

Revenue

$38,490,806

Expenses

$37,296,436

Employee compensation

$12,595,356
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Herbert King Jr
President
$284,321
$254,517 No related comp$29,804
Kevin Phillips
Vice President of Enrlmnt MGMT and STUD Affairs
$213,374
$203,778 No related comp$9,596
Jonathan Kokos
Former Vice President of Business Affairs
$207,498
$185,694 No related comp$21,804
Alyson Gill
Provost and DEAN of Faculty
$186,461
$168,115 No related comp$18,346
Blaine Hansen
Vice President of Assessment and Effectiveness
$122,485
$109,676 No related comp$12,809
Franz Rueckert
DEAN of NAT and Health Sciences/
$117,643
$105,734 No related comp$11,909
Susan Stephenson
EXEC Director Business Affairs and Controller/ Treasurer
$81,407
$75,982 No related comp$5,425

Benchmark Employee Compensation

Non-Employee Board Members

Barbara Miller Whitton
Board Trustee
Barry Blake
Board Trustee
Bob Moss
Board Trustee
Bonnie Huff
Board Trustee
Cathy Fields
Board Trustee
Dianne May
Board Trustee
Elizabeth Roberts
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

Contractors

Frank L Blum Construction
Construction
$16,650,582
Children's Hope Alliance
Child Advocacy and Welfare Organization
$6,000,000
Genuine Food Lab LLC
Food
$2,623,451
Aramark Dallas Lockbox
Food
$2,502,508
Aramark Services Inc. Facilities
Facilities
$1,869,737

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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