Nonprofit · EIN 42-0680351
WARTBURG COLLEGE
Tax-exempt · WAVERLY, IA 50677
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $77,031,267 | $73,850,834 | $3,180,433 | $249,906,700 | $80,533,368 | $169,373,332 |
| May 31, 2024 | 990 | $108,559,015 | $106,151,244 | $2,407,771 | $242,981,582 | $83,243,739 | $159,737,843 |
| May 31, 2023 | 990 | $92,638,428 | $99,321,176 | -$6,682,748 | $234,139,025 | $88,104,169 | $146,034,856 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $12,997,574
- of which government grants
- $2,828,307
- Program service revenue
- $57,425,734
- Investment income
- $6,410,299
- Net rental income
- $153,450
- Net gain from sales of assets
- $3,620,527
- Net income from gaming
- $32,490
- Tax-exempt bond proceeds
- $334,286
- Other revenue
- $197,660
Expenses
- Grants and similar amounts paid
- $16,294,592
- Compensation of officers, directors and key employees
- $1,293,585
- Other salaries and wages
- $21,712,898
- Salaries, compensation and benefits (total)
- $29,137,771
- Professional fundraising fees
- $11,741
- Legal fees
- $142,495
- Accounting fees
- $107,320
- Occupancy
- $1,790,191
- Travel
- $1,654,358
- Depreciation
- $5,424,609
- Program services (functional)
- $57,197,932
- Management and general (functional)
- $14,837,789
- Fundraising (functional)
- $1,815,113
Balance sheet and other
- Total assets, start of year
- $242,981,582
- Total assets, end of year
- $249,906,700
- Total liabilities, end of year
- $80,533,368
- Net assets, end of year
- $169,373,332
- Land, buildings and equipment
- $102,123,191
- Publicly traded securities
- $80,560,472
- Net assets without donor restrictions
- $64,792,815
- Net assets with donor restrictions
- $104,580,517
- Gross unrelated business income
- $234,370
- Gross receipts
- $97,865,515
- Employees
- 1,742
- Volunteers
- 500
- Year formed
- 1852
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR REBECCA EHRETSMAN | PRESIDENT Trustee or director, Officer | 55 | $353,346 | $29,799 |
| DEBORA JOHNSON-ROSS | VP, ACADEMIC AFFAIRS Officer | 55 | $159,800 | $20,523 |
| RICHARD SEGGERMAN | VP, FINANCE & ADMN (THROUGH 01/2025) Officer | 55 | $135,208 | $41,643 |
| RICK WILLIS | VP, STRATEGIC RECRUITMENT Officer | 55 | $146,129 | $29,862 |
| SCOTT LEISINGER | VP, INSTITUTIONAL ADVANCEMENT Officer | 55 | $149,589 | $21,929 |
| GREG KNESER | VP, STUDENT LIFE Officer | 55 | $143,212 | $23,335 |
| ZAK MONTGOMERY | ASSOCIATE DEAN OF ACADEMIC AFFAIRS Highest-paid employee | 40 | $114,383 | $19,112 |
| LEE NELSON | PROFESSOR OF MUSIC Highest-paid employee | 40 | $101,127 | $29,009 |
| DAN BLACK | PROFESSOR OF ENGINEERING SCIENCE Highest-paid employee | 40 | $116,667 | $13,013 |
| BARB SCHULTZ | CHIEF INFORMATION OFFICER Officer | 55 | $88,189 | $32,199 |
| MIKE MCCOY | REGENT, CHAIRMAN - BOARD Trustee or director, Officer | 15 | $0 | $0 |
| DR ANN ADAMS BULLOCK | REGENT, VICE CHAIR - BOARD Trustee or director, Officer | 5 | $0 | $0 |
| SHARON CORRIGAN | REGENT, VICE CHAIR - BOARD Trustee or director, Officer | 5 | $0 | $0 |
| DR DELFORD DOHERTY | REGENT, VICE CHAIR - BOARD Trustee or director, Officer | 5 | $0 | $0 |
| BARBARA GAMEZ | REGENT, VICE CHAIR - BOARD Trustee or director, Officer | 5 | $0 | $0 |
24 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK HANAWALT | REGENT, VICE CHAIR - BOARD Trustee or director, Officer | 5 | $0 |
| RACHEL RIENSCHE | REGENT, VICE CHAIR - BOARD Trustee or director, Officer | 5 | $0 |
| ANDREA WESTMEYER | REGENT, VICE CHAIR - BOARD Trustee or director, Officer | 5 | $0 |
| ALICIA FAUST | REGENT Trustee or director | 5 | $0 |
| AMY KILGUS CHAMLEY | REGENT Trustee or director | 5 | $0 |
| BEN SHANNO | REGENT Trustee or director | 5 | $0 |
| DR KERRI BLOBAUM | REGENT Trustee or director | 5 | $0 |
| DR MARILYN FLACHMAN | REGENT Trustee or director | 5 | $0 |
| FELECIA BOONE | REGENT Trustee or director | 5 | $0 |
| GORDON SWEEN | REGENT Trustee or director | 5 | $0 |
| GREG SCHMITZ | REGENT Trustee or director | 5 | $0 |
| JEN BYE CHRISTY | REGENT Trustee or director | 5 | $0 |
| JIM BUCHHEIM | REGENT Trustee or director | 5 | $0 |
| JIM LOVERIDGE | REGENT Trustee or director | 5 | $0 |
| KIRK KLECKNER | REGENT Trustee or director | 5 | $0 |
| MATT PETERSEN | REGENT Trustee or director | 5 | $0 |
| MIKE MALLARO | REGENT Trustee or director | 5 | $0 |
| MIKE MURPHY | REGENT Trustee or director | 5 | $0 |
| REV AMY CURRENT | REGENT Trustee or director | 5 | $0 |
| REV DR SHERMAN HICKS | REGENT Trustee or director | 5 | $0 |
| REV KEVIN JONES | REGENT Trustee or director | 5 | $0 |
| RUTH BAHE-JACHNA | REGENT Trustee or director | 5 | $0 |
| STEVE MEIRINK | REGENT Trustee or director | 5 | $0 |
| TAMMY JACKSON | REGENT Trustee or director | 5 | $0 |
990 for the year ended May 31, 2024: 37 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| REBECCA EHRETSMAN | PRESIDENT Trustee or director, Officer | 55 | $334,084 | $28,308 |
| DEBORA JOHNSON-ROSS | VICE-PRESIDENT Officer | 55 | $154,313 | $20,943 |
| RICHARD SEGGERMAN | VICE-PRESIDENT Officer | 55 | $132,469 | $42,177 |
| SCOTT LEISINGER | VICE-PRESIDENT Officer | 55 | $141,736 | $29,538 |
| RICK WILLIS | VICE-PRESIDENT Officer | 55 | $129,264 | $35,057 |
| GREG KNESER | VICE-PRESIDENT Officer | 55 | $144,867 | $18,426 |
| LEE NELSON | FACULTY Highest-paid employee | 40 | $102,419 | $28,953 |
| DAN BLACK | FACULTY Highest-paid employee | 40 | $114,608 | $13,245 |
| PENNI PIER | FACULTY Highest-paid employee | 40 | $102,374 | $23,335 |
| BARB SCHULTZ | INTERIM CHIEF INFORMATION OFFICER Officer | 55 | $67,519 | $19,045 |
| MIKE MCCOY | REGENT, CHAIRMAN - BOARD Trustee or director | 15 | $0 | $0 |
| ANDREA WESTMEYER | REGENT, VICE CHAIR - BOARD Trustee or director | 5 | $0 | $0 |
| BARBARA GAMEZ | REGENT, VICE CHAIR - BOARD Trustee or director | 5 | $0 | $0 |
| DR ANN ADAMS BULLOCK | REGENT, VICE CHAIR - BOARD Trustee or director | 5 | $0 | $0 |
| DR DELFORD DOHERTY | REGENT, VICE CHAIR - BOARD Trustee or director | 5 | $0 | $0 |
| MARK HANAWALT | REGENT, VICE CHAIR - BOARD Trustee or director | 5 | $0 | $0 |
| RACHEL RIENSCHE | REGENT, VICE CHAIR - BOARD Trustee or director | 5 | $0 | $0 |
| SHARON CORRIGAN | REGENT, VICE CHAIR - BOARD Trustee or director | 5 | $0 | $0 |
| STEVE MEIRINK | REGENT, VICE CHAIR - BOARD Trustee or director | 5 | $0 | $0 |
| ALICIA FAUST | REGENT Trustee or director | 2 | $0 | $0 |
| AMY KILGUS CHAMLEY | REGENT Trustee or director | 2 | $0 | $0 |
| BEN SHANNO | REGENT Trustee or director | 2 | $0 | $0 |
| DR MARILYN FLACHMAN | REGENT Trustee or director | 2 | $0 | $0 |
| FELECIA BOONE | REGENT Trustee or director | 2 | $0 | $0 |
| GREG SCHMITZ | REGENT Trustee or director | 2 | $0 | $0 |
| JEN BYE CHRISTY | REGENT Trustee or director | 2 | $0 | $0 |
| JIM BUCHHEIM | REGENT Trustee or director | 2 | $0 | $0 |
| JIM LOVERIDGE | REGENT Trustee or director | 2 | $0 | $0 |
| KERRI BLOBAUM | REGENT Trustee or director | 2 | $0 | $0 |
| LIZ MATHIS | REGENT Trustee or director | 2 | $0 | $0 |
| MIKE MURPHY | REGENT Trustee or director | 2 | $0 | $0 |
| REVEREND AMY CURRENT | REGENT Trustee or director | 2 | $0 | $0 |
| REVEREND DR SHERMAN HICKS | REGENT Trustee or director | 2 | $0 | $0 |
| REVEREND KEVIN JONES | REGENT Trustee or director | 2 | $0 | $0 |
| RUTH BAHE-JACHNA | REGENT Trustee or director | 2 | $0 | $0 |
| STEVE MEIRINK | REGENT Trustee or director | 2 | $0 | $0 |
| TAMMY JACKSON | REGENT Trustee or director | 2 | $0 | $0 |
990 for the year ended May 31, 2023: 36 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| REBECCA EHRETSMAN | PRESIDENT (START 07/2022) Trustee or director, Officer | 55 | $201,538 | $14,740 |
| DARREL COLSON | PRESIDENT (TERM 06/2022) Trustee or director, Officer | 55 | $176,983 | $19,699 |
| DEBORA JOHNSON-ROSS | VICE-PRESIDENT Officer | 55 | $152,070 | $22,151 |
| RICHARD SEGGERMAN | VICE-PRESIDENT Officer | 55 | $129,725 | $41,224 |
| SCOTT LEISINGER | VICE-PRESIDENT Officer | 55 | $139,500 | $29,957 |
| RICK WILLIS | VICE-PRESIDENT Officer | 55 | $116,603 | $37,096 |
| MELANIE ABBAS | ASST VP FOR ITS Highest-paid employee | 40 | $111,502 | $26,673 |
| JIM BIES | VICE-PRESIDENT Officer | 55 | $73,996 | $10,146 |
| GREG KNESER | VICE-PRESIDENT Officer | 55 | $48,719 | $6,086 |
| MIKE MCCOY | REGENT, CHAIRMAN - BOARD Trustee or director | 15 | $0 | $0 |
| ANDREA WESTMEYER | REGENT, VICE CHAIR - BOARD Trustee or director | 5 | $0 | $0 |
| DR GRADY BALLENGER | REGENT, VICE CHAIR - BOARD Trustee or director | 5 | $0 | $0 |
| MARK HANAWALT | REGENT, VICE CHAIR - BOARD Trustee or director | 5 | $0 | $0 |
| RACHEL RIENSCHE | REGENT, VICE CHAIR - BOARD Trustee or director | 5 | $0 | $0 |
| SHARON CORRIGAN | REGENT, VICE CHAIR - BOARD Trustee or director | 5 | $0 | $0 |
| STEVE MEIRINK | REGENT, VICE CHAIR - BOARD Trustee or director | 5 | $0 | $0 |
| ALICIA FAUST | REGENT Trustee or director | 2 | $0 | $0 |
| AMY KILGUS CHAMLEY | REGENT Trustee or director | 2 | $0 | $0 |
| BARBARA GAMEZ | REGENT Trustee or director | 2 | $0 | $0 |
| BEN SHANNO | REGENT Trustee or director | 2 | $0 | $0 |
| DR ANN ADAMS BULLOCK | REGENT Trustee or director | 3 | $0 | $0 |
| DR DELFORD DOHERTY | REGENT Trustee or director | 2 | $0 | $0 |
| DR MARILYN FLACHMAN | REGENT Trustee or director | 2 | $0 | $0 |
| FELECIA BOONE | REGENT Trustee or director | 2 | $0 | $0 |
| GREG SCHMITZ | REGENT Trustee or director | 2 | $0 | $0 |
| JIM BUCHHEIM | REGENT Trustee or director | 2 | $0 | $0 |
| JIM LOVERIDGE | REGENT Trustee or director | 2 | $0 | $0 |
| KERRI BLOBAUM | REGENT Trustee or director | 2 | $0 | $0 |
| LIZ MATHIS | REGENT Trustee or director | 2 | $0 | $0 |
| MIKE MURPHY | REGENT Trustee or director | 2 | $0 | $0 |
| PAUL MUGAN | REGENT Trustee or director | 2 | $0 | $0 |
| REVEREND AMY CURRENT | REGENT Trustee or director | 2 | $0 | $0 |
| REVEREND DR SHERMAN HICKS | REGENT Trustee or director | 2 | $0 | $0 |
| REVEREND KEVIN JONES | REGENT Trustee or director | 2 | $0 | $0 |
| RUTH BAHE-JACHNA | REGENT Trustee or director | 2 | $0 | $0 |
| TAMMY JACKSON | REGENT Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 100 WARTBURG BLVD, WAVERLY, IA 50677-2215
- Principal officer (990 for 2024)
- REBECCA EHRETSMAN, 100 WARTBURG BLVD, WAVERLY, IA 50677
- Signed the 990
- KELLY FLEGE, VP FOR FINANCIAL INNOVATION
- Phone
- (319) 352-8411
- Website
- WWW.WARTBURG.EDU
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
WARTBURG COLLEGE IS DEDICATED TO CHALLENGING AND NURTURING STUDENTS FOR LIVES OF LEADERSHIP AND SERVICE AS A SPIRITED EXPRESSION OF THEIR FAITH AND LEARNING.
Program accomplishments
- INSTRUCTION OF STUDENTS ENROLLED AND THE RELATED ACADEMIC SUPPORT; 1,450 AND 1,340 FULL-TIME EQUIVALENT STUDENTS ENROLLED FOR FALL 2024 AND WINTER 2025 TERMS, RESPECTIVELY.Expenses $31,459,001 · grants $16,294,592 · revenue $37,789,124
- AUXILIARY SERVICES SUPPORT AND ENHANCE STUDENT LIFE BY PROVIDING QUALITY LIVING AND DINING OPTIONS AS WELL AS PROVIDING A CAMPUS STORE ON CAMPUS AND ONLINE; THERE WERE 1,193 AND 1,120 STUDENTS LIVING ON CAMPUS FOR THE FALL 2024 AND WINTER 2025 TERMS, RESPECTIVELY.Expenses $9,282,605 · revenue $16,747,536
- COLLEGE-SPONSORED YOUTH CAMPS, STUDENT ORGANIZATION FUNDRAISING INITATIVES, PRINT CENTER SERVICES, AND ALL OTHER PROGRAMS IN SUPPORT OF THE COLLEGE'S MISSION.Expenses $16,456,326 · revenue $2,471,190
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 42-0680351
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B420)
- Assets (IRS master file)
- $249,906,700
- Income (IRS master file)
- $97,865,515
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $77,031,267 | $73,850,834 | $249,906,700 | XML |
| 990-T | May 2025 | – | – | – | IRS |
| 990 | May 2024 | $108,559,015 | $106,151,244 | $242,981,582 | XML |
| 990-T | May 2024 | – | – | – | IRS |
| 990 | May 2023 | $92,638,428 | $99,321,176 | $234,139,025 | XML |
| 990-T | May 2023 | – | – | – | IRS |
| 990 | May 2022 | $101,117,542 | $94,944,302 | $247,960,217 | IRS |
| 990-T | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990-T | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-0680351).
Questions about WARTBURG COLLEGE
- What is the EIN of WARTBURG COLLEGE?
- The employer identification number (EIN) of WARTBURG COLLEGE is 42-0680351.
- Is WARTBURG COLLEGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to WARTBURG COLLEGE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WARTBURG COLLEGE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WARTBURG COLLEGE due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WARTBURG COLLEGE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of WARTBURG COLLEGE?
- The 990 for the year ended May 31, 2025 names REBECCA EHRETSMAN.
- Who are the officers and directors of WARTBURG COLLEGE?
- The 990 for the year ended May 31, 2025 lists 39 people; 10 received compensation from the organization, the highest $353,346 (DR REBECCA EHRETSMAN, PRESIDENT).
- How much revenue does WARTBURG COLLEGE have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $77,031,267, expenses of $73,850,834 and total assets of $249,906,700 at year end.
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