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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 Salem Academy and College

Salem Academy and College

Fiscal year ending 2016. Filed on May 11, 2017.

601 S Church St
Winstonsalem, North Carolina 27101

Salem Academy and College (EIN: 56-0530005) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2016 IRS Form 990 filing, Salem Academy and College, a 501(c)(3) charitable organization, reported compensation for 7 out of 885 total employees. Among the employees shown here, the average compensation is $119,909. The highest compensated employee at Salem Academy and College is Lorraine Sterritt with fiscal year 2016 compensation of $233,522.

Revenue, expenses, and employee compensation

Revenue

$39,342,999

Expenses

$42,786,539

Employee compensation

$14,705,084
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lorraine Sterritt
President
$233,522
$218,824 No related comp$14,698
Karl Sjolund
Head of School
$151,755
$130,199 No related comp$21,556
Susan Calovini
Vice President, Academic Affairs
$142,283
$123,889 No related comp$18,394
Derek Bryan
Chief Financial Officer
$129,636
$111,746 No related comp$17,890
Vicki Sheppard
Vice President Instituational Advancement
$88,551
$79,696 No related comp$8,855
Rosemary Wheeler
Executive Secretary
$53,729
$41,971 No related comp$11,758
Jennifer Lynch
Vice President Instituational Advancement
$39,885
$37,465 No related comp$2,420

Benchmark Employee Compensation

Non-Employee Board Members

Ann Stone Hanes
Trustee
Camille Disher McDowell
Trustee
Chi-Chi Ziglar Messick
Trustee
D Joeff Williams
Trustee
D Wayne Burkette
Trustee
Danielle Thomason Williams
Trustee
Deana Bass
Trustee
Elizabeth Copeland Becher
Trustee
G Dee Smith
Trustee
Ginger Renick Griffin
Trustee
Jo Sephenson Brown
Trustee
Julia Cardwell Archer
Trustee

Contractors

Frank L Blum Construction
Construction
$5,514,757
Aramark Services
Dining
$1,984,058
Universal Protection Service LLC
Security
$433,576
Keiger Graphic Communications
Printing
$429,695
Resource Painting Inc.
Painting and Maintenance
$236,125

Mission Statement

SALEM ACADEMY AND COLLEGE IS A DIVERSE COMMUNITY DEDICATED TO EDUCATING GIRLS AND WOMEN AND EMPOWERING THEM TO LEAD. SINCE 1772, SALEM ACADEMY FOSTERS GIRLS TO BECOME COMPASSIONATE AND CREATIVE LEADERS WHO CHART THEIR PATHS WITH CHARACTER, CURIOSITY, AND COURAGE. AT SALEM ACADEMY, CORE VALUES SUCH AS TRANSFORMATIVE LEARNING, COMPREHENSIVE WELLNESS, AND INCLUSIVE COMMUNITY PROVIDE AN EXTRAORDINARY EDUCATIONAL EXPERIENCE TO PREPARE STUDENTS FOR COLLEGE AND LIFE. SALEM COLLEGE, A PREMIER WOMEN'S COLLEGE COMMITTED TO ADVANCING EQUITY IN HEALTH AND IN SOCIETY, IS GROUNDED IN THE LIBERAL ARTS. AT SALEM COLLEGE, CORE VALUES SUCH AS INTELLECTUAL CURIOSITY, EQUITY AND BELONGING, AND COURAGEOUS LEADERSHIP DEVELOPS STUDENTS' POTENTIAL TO PREPARE THEM TO CREATE HEALTHIER AND MORE EQUITABLE COMMUNITIES

Revisions to this organization profile

May 13, 2024:
2023 Salem Academy and College 990 filed
May 5, 2023:
2022 Salem Academy and College 990 filed
May 9, 2022:
2021 Salem Academy and College 990 filed

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