Compensation 990

Liberty University Inc.

Fiscal year ending 2024. Filed on May 15, 2025.

1971 University Blvd
Lynchburg, Virginia 24515

Liberty University Inc. (EIN: 54-0946734) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Liberty University Inc., a 501(c)(3) charitable organization, reported compensation for 31 out of 13,097 total employees. Among the employees shown here, the average compensation is $645,918. The highest compensated employee at Liberty University Inc. is Mr James Chadwell with fiscal year 2024 compensation of $5,936,509.

Revenue, expenses, and employee compensation

Revenue

$1,802,305,808

Expenses

$1,456,869,886

Employee compensation

$626,090,658
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋1137.7%vs 2023
Mr James Chadwell
HEAD Coach - Football
$5,936,509
$5,877,112 from orgNo related comp$59,397 other
＋31.4%vs 2023
Mr Ritchie L McKay
HEAD Coach - Basketball
$1,924,361
$1,857,202 from orgNo related comp$67,159 other
＋9.4%vs 2023
Mr Ian McCaw
Vice President and Director of Athletics
$972,907
$905,748 from orgNo related comp$67,159 other
＋300.2%vs 2023
Pastor Jonathan Falwell
Trustee/Chancellor
$834,500
$822,573 from orgNo related comp$11,927 other
－19.7%vs 2023
Dr Jerry Prevo
Trustee/President Emeritus
$822,036
$784,082 from orgNo related comp$37,954 other
＋23.1%vs 2023
Dr Robert Ritz
Chief FIN Officer/Treasurer
$797,386
$732,062 from orgNo related comp$65,324 other
＋33.9%vs 2023
Dr Ronald Kennedy
Executive Vice President for Enrollment and Marketing
$615,353
$548,194 from orgNo related comp$67,159 other
New in 2024
Dr Dondi Costin
President and Trustee
$577,589
$556,191 from orgNo related comp$21,398 other
＋12.9%vs 2023
Mr David Corry
General Counsel and Secretary
$541,703
$475,845 from orgNo related comp$65,858 other
New in 2024
Mr John Curtis
Assistant Coach - Football
$521,962
$495,102 from orgNo related comp$26,860 other
＋13.3%vs 2023
Dr Scott Hicks
Provost and Chief Academic OFF
$492,174
$469,749 from orgNo related comp$22,425 other
New in 2024
Mr William Korn
Assistant Coach - Football
$489,238
$455,962 from orgNo related comp$33,276 other

Non-Employee Board Members

－2.0%vs 2023
Dr John Borek Jr
Trustee and Adjunct Professor
$39,768
$39,200 from orgNo related comp$568 other
－6.1%vs 2022
Dr David Rhodenhizer
Trustee
$28,747
$28,747 from orgNo related compNo other comp
New in 2024
Mr William Tinney
Trustee
$25,984
$25,984 from orgNo related compNo other comp
＋144.9%vs 2023
Evangelist Tim Lee
Trustee
$25,958
$25,958 from orgNo related compNo other comp
＋33.3%vs 2023
Evangelist William F Graham
Trustee
$15,860
$15,860 from orgNo related compNo other comp
－62.4%vs 2023
Mr Chris Rhodenhizer
Trustee
$12,290
$12,290 from orgNo related compNo other comp
－74.4%vs 2023
Mr Jeffery S Yager
Trustee
$11,900
$11,900 from orgNo related compNo other comp
－56.7%vs 2023
Dr Don Crain
Trustee
$9,775
$9,775 from orgNo related compNo other comp
New in 2024
Dr Jack Graham
Trustee
$3,500
$3,500 from orgNo related compNo other comp
＋200%vs 2023
Dr Allen McFarland
Trustee
$1,500
$1,500 from orgNo related compNo other comp
＋621.5%vs 2023
Dr Richard G Lee
Trustee
$974
$974 from orgNo related compNo other comp
＋47.1%vs 2023
Mr Carroll Hudson
Trustee
$750
$750 from orgNo related compNo other comp

Mission Statement

LIBERTY UNIVERSITY, INC. IS A DISTINCTIVELY CHRISTIAN ACADEMIC COMMUNITY, WITH A MISSION OF PROVIDING QUALITY COLLEGIATE EDUCATION TRAINING CHAMPIONS FOR CHRIST.

Revisions to this organization profile

May 15, 2025:
2024 Liberty University Inc. 990 filed
May 14, 2024:
2023 Liberty University Inc. 990 filed
May 15, 2023:
2022 Liberty University Inc. 990 filed

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