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Lees-Mcrae College Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 560529953 ✦ Banner elk, NC ✦ Designated as a 501(c)(3)

Overview

What is Lees-Mcrae College Inc?

Lees-McRae College Inc, located in North Carolina with a PO Box address in Banner Elk, is a respected nonprofit institution of higher education. Approximately 873 undergraduate students attend this accredited, coeducational, and nonsectarian college. Lees-McRae College's mission is to broaden students' horizons and prepare them for diverse careers and environments. The college's approach to education is creative, collaborative, and critical, inspiring students to make a difference in their chosen fields. With a staff of 481 employees, Lees-McRae College is dedicated to providing a rich learning experience, allowing students to find their place in the world.


Official website here: www.lmc.edu

Is Lees-Mcrae College Inc legitimate?

Lees-Mcrae College Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lees-Mcrae College Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $593,476
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,076,045

For more financial information, click here


Official website here: www.lmc.edu

What is the mission statement of Lees-Mcrae College Inc?

Lees-Mcrae College Inc strives to broaden students' horizons and prepare them for diverse careers and environments through education and service. Its mission is to inspire students to approach life and work from a creative, collaborative, and critical perspective. The college is dedicated to helping students pursue their careers and find their place in the world. With an enrollment of approximately 873 undergraduate students, Lees-Mcrae College is a non-profit, coeducational, nonsectarian institution of higher education that is accredited. Its students receive an education that empowers them to think critically and creatively, making them well-equipped for various careers and life situations.


Official website here: www.lmc.edu

Who is the CEO of Lees-Mcrae College Inc?

Dr Herbert L King Jr is the Chair of Lees-Mcrae College Inc.


Official website here: www.lmc.edu

What is the revenue of Lees-Mcrae College Inc?

Lees-Mcrae College Inc's revenue in 2022 was $41,070,473.


Official website here: www.lmc.edu

Who are the executives of Lees-Mcrae College Inc and what are their salaries?

The average compensation at Lees-Mcrae College Inc during 2022 was $20,103. There are 481 employees and 25 volunteers at Lees-Mcrae College Inc.

Here are 32 key members and their salaries:

    Herbert King Jr (President)
  • Compensation: $245,346
  • Related: $0
  • Other: $29,738

    • Kevin Phillips (Vp Of Enrollment Management)
  • Compensation: $170,028
  • Related: $0
  • Other: $9,807

    • Jonathan Kokos (Vp Of Business Affairs)
  • Compensation: $163,659
  • Related: $0
  • Other: $15,261

    • Leslie Lambert (Interim Provost)
  • Compensation: $120,905
  • Related: $0
  • Other: $5,935

    • Blaine Hansen (Vp Of Assessment & Effectiveness)
  • Compensation: $95,926
  • Related: $0
  • Other: $9,655

    • Alyson Gill (Provost And Dean Of Faculty)
  • Compensation: $88,544
  • Related: $0
  • Other: $6,484

    • Parker Grubbs (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary T Moss Jr (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Braswell-Mcphail (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Les Broussard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sonny Edmondson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cathy Fields (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dianne May (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Haigler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harold Kaplan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barry Blake (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Bryant (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julia Mccombs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Mcdaniel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Porter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Delbert Williamson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Hoyt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Steele (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neil Ramo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Rhyne (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Roberts (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Theophilus Feild Russell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Russell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronald Soldo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • W Mcnair Tornow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Wack (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Miller Whitton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lmc.edu

    Where can I find the form 990 for Lees-Mcrae College Inc?

    The Lees-Mcrae College Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lmc.edu

    Learn more at the official website: www.lmc.edu

    Mission Statement of Lees-Mcrae College Inc

    Lees-Mcrae College, a reputed non-profit educational institution, is dedicated to broadening students' horizons and preparing them for diverse careers and environments. By educating students from a creative, collaborative, and critical perspective, the college empowers them to approach life and work with a fresh perspective. Lees-Mcrae College's mission goes beyond just imparting knowledge. It aims to help students find their place in the world, pursue careers, and grow both personally and professionally. This accredited coeducational and nonsectarian institution, with its enrollment of approximately 873 undergraduate students, is committed to inspiring students to reach their full potential and make a positive impact in the world.

    Impact

    This information is meant to be a general summary of Lees-Mcrae College Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Lees-Mcrae College Inc has a significant impact on education and the development of its students. Through its mission to help students broaden their horizons, pursue careers, and find their place in the world, the college educates and inspires students to approach life and work from a creative, collaborative, and critical perspective. With an enrollment of approximately 873 undergraduate students, Lees-Mcrae College provides a supportive and encouraging environment for students to explore diverse career paths and prepare for various professional settings. The college's commitment to education and service empowers students to make a positive impact in their communities and beyond, contributing to a more knowledgeable and skilled workforce.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $205,579
  • Program Service Revenue: $28,468,293
  • Gross Receipts: $41,447,871

    • Assets and Liabilities:
  • Total Assets: $87,696,802
  • Total Liabilities: $19,565,421
  • Net Assets: $68,131,381
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TUITION AND FEES

    Revenue

    $18,926,141

    ROOM & BOARD

    Revenue

    $6,453,270

    OTHER INCOME

    Revenue

    $3,088,882

    Organization Details

    Founding Year

    1900

    Principal Officer

    Dr Herbert L King Jr

    Main Address

    PO BOX 128, BANNER ELK, NC, 28604

    NTEE Category

    Code: B42 - Education

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