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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 2022. Filed on May 15, 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 2022 IRS Form 990 filing, Wake Forest University, a 501(c)(3) charitable organization, reported compensation for 19 out of 5,546 total employees. Among the employees shown here, the average compensation is $2,047,895. The highest compensated employee at Wake Forest University is Daniel R Manning with fiscal year 2022 compensation of $14,658,459.

Revenue, expenses, and employee compensation

Revenue

$715,438,504

Expenses

$627,965,784

Employee compensation

$307,076,529
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Daniel R Manning
Former Men'S Bktball Co
$14,658,459
$14,658,459 No related compNo other comp
David P Clawson
Football Coach
$4,284,656
$4,220,955 No related comp$63,701
Julie A Freischlag, M.D.
Executive Vice President Health Aff.
$3,931,159
$0 $3,375,350 $555,809
B Hofler Milam
Executive Vice President, CFO, Treas
$2,343,149
$2,133,852 No related comp$209,297
Nathan O Hatch
Former President
$1,960,524
$1,893,057 No related comp$67,467
Steve Forbes
Men'S Bktball Co
$1,645,426
$1,601,737 No related comp$43,689
J Reid Morgan
S.VP, Sec, G.C
$1,320,330
$1,218,034 No related comp$102,296
John A Currie
Athletic Director
$1,176,406
$1,094,303 No related comp$82,103
Rogan Kersh, Ph.D.
Provost
$949,719
$789,819 No related comp$159,900
Charles L Iacovou, Ph.D.
Dean, Business School
$939,070
$809,695 No related comp$129,375
Mark A Petersen
Vice President, Advancement
$869,871
$713,601 No related comp$156,270
Warren D Ruggiero
Asst F'Ball Coach
$859,358
$821,357 No related comp$38,001

Benchmark Employee Compensation

Non-Employee Board Members

A Dale Jenkins
Committee Vice Chair
Alice Kirby Horton
Committee Vice Chair
Alice Proietti
Trustee
Anil Rai Gupta
Trustee
Aubrey L Martin
Trustee
Ben C Sutton Jr
Trustee
Bobby R Burchfield
Committee Chair
Cantey M Ergen
Board Vice Chair
Caroline Walker
Trustee
Cathy Wall Thomas
Trustee
Curtis C Farmer
Committee Chair
David I Wahrhaftig
Trustee

Contractors

Aramark Campus Services
Food
$25,677,396
Frank L Blum Construction Company
Construction
$22,465,653
Budd Group
Janitorial/Landscaping
$5,717,743
Ncs Pearson Inc.
Testing/Counseling
$4,394,807
Ebsco Subscription Service
Subscription
$3,267,534

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.

Other organizations also named Wake Forest University

Wake Forest University Health Sciences
Winstonsalem, North Carolina
Wake Forest University Baptist Medical Center
Winstonsalem, North Carolina
Wake Forest University Health Sciences Group Return
Winstonsalem, North Carolina
Wake Forest University Foundation
Winstonsalem, North Carolina
Dialysis Access Group of Wake Forest University LLC
Winstonsalem, North Carolina
Kappa Delta Sorority Zeta Omicron Wake Forest University
Winston Salem, North Carolina

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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