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Salem Academy And College

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

EIN: 560530005 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(3)

Overview

What is Salem Academy And College?

Salem Academy and College is a nonprofit educational institution located in Winston-Salem, North Carolina. Founded by the Moravian Church in 1772, it began as a school for girls. Today, the college serves around 347 full-time students and 60 high school students, as well as 96 part-time students in continuing education programs. Salem Academy and College is dedicated to the liberal arts and quality professional preparation. Its mission is to foster human faculties and capabilities for service, professional life, and leadership in its students. Historically, the college has been committed to the education of young women in a residential setting. However, it now also educates both women and men through its continuing studies program and graduate programs in education. The college's community-focused approach to education has proved effective, leading to the flourishing of essential powers in its students.


Official website here: www.salem.edu, www.salemacademy.com

Is Salem Academy And College legitimate?

Salem Academy And College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salem Academy And College 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: $1,243,999
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,624,375

For more financial information, click here


Official website here: www.salem.edu, www.salemacademy.com

What is the mission statement of Salem Academy And College?

Salem Academy and College is an independent institution dedicated to the liberal arts and quality professional preparation. Rooted in its founding by the Moravian Church in 1772 as a school for girls, the college aims to foster students' human faculties and their potential for service, professional life, and leadership. The college's historical evolution led it to affirm its commitment to young women, resulting in its educational offerings for both women and men through its continuing studies program and graduate programs in education. Salem Academy and College nurtures its students in a residential setting, promoting their intellectual growth and personal development.


Official website here: www.salem.edu, www.salemacademy.com

Who is the CEO of Salem Academy And College?

Dr Summer Mcgee is the President of Salem Academy And College.


Official website here: www.salem.edu, www.salemacademy.com

What is the revenue of Salem Academy And College?

Salem Academy And College's revenue in 2022 was $38,128,049.


Official website here: www.salem.edu, www.salemacademy.com

Who are the executives of Salem Academy And College and what are their salaries?

The average compensation at Salem Academy And College during 2022 was $24,099. There are 368 employees and 84 volunteers at Salem Academy And College.

Here are 30 key members and their salaries:

    Dr Summer Mcgee (President)
  • Compensation: $141,519
  • Related: $0
  • Other: $1,675

    • Katherine Watts (Vp Strategic Planning)
  • Compensation: $129,305
  • Related: $0
  • Other: $7,413

    • Kathy M Barnes (Vice President Of Institutional Advancement)
  • Compensation: $115,788
  • Related: $0
  • Other: $7,498

    • Scott Morin (Asst. Vp For Finance & Controller)
  • Compensation: $111,309
  • Related: $0
  • Other: $7,498

    • Dr Dan Prosterman (Vp Of Academic Affairs And Dean Of The College)
  • Compensation: $98,237
  • Related: $0
  • Other: $17,454

    • Ken Buchanan (Former Vp Of Finance & Adminstration)
  • Compensation: $107,474
  • Related: $0
  • Other: $4,360

    • Kristina Sorrells (Head Of Academy)
  • Compensation: $81,298
  • Related: $0
  • Other: $17,454

    • David Browning (Vp Of Finance & Adminstration)
  • Compensation: $89,064
  • Related: $0
  • Other: $5,287

    • Elizabeth Denton Baird (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janet Lucille Rose (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mimi Aledo-Sandoval (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sydney Timmons Taylor (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Berger Salisbury (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brooke Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Brandy Nelson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Eileen Wilson-Oyelaran (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Judith S White (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Patrice Black Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Todd Drew (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ina Blackmore Kamenz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julia Cardwell Archer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katherine Holland-Ortiz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lossie Freeman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Louise Ford Stott (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Berga Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Strawsburg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stratford Newitt Kiger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Lundeen Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terrie Allen Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victoria Lasley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.salem.edu, www.salemacademy.com

    Where can I find the form 990 for Salem Academy And College?

    The Salem Academy And College’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.salem.edu, www.salemacademy.com

    Learn more at the official website: www.salem.edu, www.salemacademy.com

    Mission Statement of Salem Academy And College

    Salem Academy and College, a renowned educational institution committed to the liberal arts and quality professional preparation, is deeply rooted in encouraging students to recognize and strengthen their human faculties and capacities for service, professional life, and leadership. Established by the Moravian Church in 1772 as a school for girls, Salem Academy and College seeks to leave a lasting impact on its students in a residential setting.

    The college's mission, grounded in historical evidence that such talents thrive when women live and learn in a community dedicated to their education, is geared towards educating young women, as well as men, through its continuing studies program and graduate programs in education. Salem Academy and College's residential setting is a testament to its unwavering belief in the transformative power of education, particularly for women.

    With around 347 full-time college students, 60 full-time high school students, and 96 part-time continuing education students, Salem Academy and College is an inclusive institution that offers a nurturing and stimulating environment for personal and academic growth. It empowers students to develop their unique talents and discover their purpose, making a significant contribution to their professional lives and leadership capabilities.

    Impact

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




    Thursday, August 15, 2024

    Salem Academy and College, founded by the Moravian Church in 1772 as a school for girls, has had a significant impact on its students and the broader community. Through its commitment to the liberal arts and quality professional preparation, Salem strives to empower its students to recognize and strengthen their human faculties, capacities for service, professional life, and leadership.

    By providing an educational environment dedicated to the success of young women in a residential setting, Salem Academy and College has been pivotal in shaping the lives of its students. The institution's historical evolution of its mission to educate both women and men in the community through its continuing studies and graduate programs in education speaks to its adaptability and inclusivity.

    With approximately 347 full-time college students, 60 full-time high school students, and 96 part-time continuing education students, Salem Academy and College plays a vital role in nurturing the intellectual and personal growth of its diverse student body. Through its focus on education and community, Salem continues to make a lasting impact on the individuals it serves and the society at large.





    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: $7,326,901
  • Program Service Revenue: $10,430,177
  • Gross Receipts: $38,179,398

    • Assets and Liabilities:
  • Total Assets: $103,796,361
  • Total Liabilities: $17,455,085
  • Net Assets: $86,341,276
  • Programs

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

    TUITION AND FEES

    Revenue

    $10,430,177

    Organization Details

    Founding Year

    1772

    Principal Officer

    Dr Summer Mcgee

    Main Address

    601 S CHURCH ST, WINSTONSALEM, NC, 27101

    NTEE Category

    Code: B420 - Education

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