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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 Wake Forest University

Wake Forest University

Fiscal year ending 2021. Filed on February 14, 2023.

1834 Wake Forest Rd Box 7201
Winstonsalem, North Carolina 27109

Wake Forest University (EIN: 56-0532138) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2021 IRS Form 990 filing, Wake Forest University, a 501(c)(3) charitable organization, reported compensation for 17 out of 5,601 total employees. Among the employees shown here, the average compensation is $1,128,474. The highest compensated employee at Wake Forest University is Julie A Freischlag, M.D. with fiscal year 2021 compensation of $3,510,167.

Revenue, expenses, and employee compensation

Revenue

$681,736,258

Expenses

$585,188,441

Employee compensation

$288,956,082
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Julie A Freischlag, M.D.
Executive Vice President Health Aff.
$3,510,167
$0 $3,070,030 $440,137
David P Clawson
Football Coach
$3,419,240
$3,356,169 No related comp$63,071
Nathan O Hatch, Ph.D.
Pres. and Trustee
$1,753,953
$1,524,226 No related comp$229,727
Rogan Kersh, Ph.D.
Provost
$1,230,442
$1,122,469 No related comp$107,973
Steve Forbes
Men'S Bktball Co
$1,113,601
$1,080,624 No related comp$32,977
Andrew R Chan
Vice President Career Development
$1,061,764
$945,868 No related comp$115,896
B Hofler Milam
Executive Vice President, CFO, Treas
$879,264
$617,669 No related comp$261,595
Mark A Petersen
Vice President, Advancement
$864,445
$756,650 No related comp$107,795
J Reid Morgan
S.VP, Sec, G.C
$800,053
$659,852 No related comp$140,201
Daniel R Manning
Men'S Bktball Co
$798,678
$769,379 No related comp$29,299
John A Currie
Athletic Director
$759,352
$715,044 No related comp$44,308
Warren D Ruggiero
Asst F'Ball Coach
$738,712
$701,028 No related comp$37,684

Benchmark Employee Compensation

Non-Employee Board Members

Alice Kirby Horton
Committee Vice Chair
Alice Proietti
Trustee
Andrew J Logan
Trustee
Beth Norbrey Hopkins
Trustee on 12/20
Bobby R Burchfield
Committee Vice Chair
Cantey M Ergen
Committee Chair
Cathy Wall Thomas
Trustee
Curtis C Farmer
Committee Chair
David I Wahrhaftig
Trustee
David W Dupree
Committee Vice Chair
Deborah D Lambert
Committee Chair
Diana Adams
Committee Vice Chair

Contractors

Aramark Campus Services
Food
$18,129,426
New Atlantic Contracting Inc
Construction
$6,418,009
Ncs Pearson Inc.
Testing/Counseling
$4,339,264
Budd Group
Janitorial/Landscaping
$4,229,484
IL Long Construction Co Inc
Construction
$3,449,682

Mission Statement

Wake Forest University, a 501(c)(3) institution of higher education, is dedicated to the pursuit of excellence in the liberal arts and in graduate and professional education. The organization is comprised of seven constituent parts: Wake Forest College; the Graduate School of Arts and Sciences; the School of Law; the School of Medicine; the School of Business; the School of Divinity; and the School of Professional Studies. It seeks to honor the ideals of liberal learning, which entail commitment to transmission of cultural heritages; teaching the modes of learning in the basic disciplines of human knowledge; developing critical appreciation of moral, aesthetic and religious values; advancing the frontiers of knowledge through in-depth study and research; and applying knowledge in the service of humanity.

Revisions to this organization profile

May 15, 2024:
2023 Wake Forest University 990 filed
May 15, 2023:
2022 Wake Forest University 990 filed
February 14, 2023:
2021 Wake Forest University 990 filed

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