Nonprofit · EIN 45-3912932
PILLAR COLLEGE INC
Tax-exempt · NEWARK, NJ 07102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $14,533,456 | $13,693,174 | $840,282 | $4,608,940 | $4,087,789 | $521,151 |
| June 30, 2024 | 990 | $13,351,082 | $12,752,055 | $599,027 | $4,531,525 | $4,850,656 | -$319,131 |
| June 30, 2023 | 990 | $11,485,107 | $14,593,177 | -$3,108,070 | $5,579,597 | $6,508,168 | -$928,571 |
| June 30, 2022 | 990 | $11,997,685 | $12,495,832 | -$498,147 | $3,023,118 | $824,567 | $2,198,551 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $406,625
- of which government grants
- $82,681
- Program service revenue
- $13,950,667
- Investment income
- $9,300
- Net income from fundraising events
- -$12,752
- Other revenue
- $166,864
Expenses
- Grants and similar amounts paid
- $3,197,476
- Compensation of officers, directors and key employees
- $450,427
- Other salaries and wages
- $3,559,806
- Salaries, compensation and benefits (total)
- $5,113,911
- Professional fundraising fees
- $0
- Legal fees
- $21,298
- Accounting fees
- $102,866
- Occupancy
- $920,837
- Travel
- $5,043
- Depreciation
- $54,611
- Program services (functional)
- $8,121,567
- Management and general (functional)
- $5,421,367
- Fundraising (functional)
- $150,240
Balance sheet and other
- Total assets, start of year
- $4,531,525
- Total assets, end of year
- $4,608,940
- Total liabilities, end of year
- $4,087,789
- Net assets, end of year
- $521,151
- Land, buildings and equipment
- $41,173
- Publicly traded securities
- $7,707
- Net assets without donor restrictions
- $256,156
- Net assets with donor restrictions
- $264,995
- Gross receipts
- $14,847,430
- Employees
- 140
- Volunteers
- 19
- Year formed
- 1994
- State of legal domicile
- NJ
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR DAVID SCHROEDER | PRESIDENT Officer | 40 | $182,557 | $20,847 |
| GISELLE LLERENA | PROVOST Officer | 40 | $83,971 | $22,090 |
| CINDY WEAVER | VICE PRESIDENT FOR FINANCE/CFO Officer | 40 | $100,722 | $2,426 |
| TIMOTHY L SCHMIDT | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| J GEORGE REILLY | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| JUAN VELASCO ESQ | TREASURER/SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| DR GEORGE BLOUNT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| HENRI STEENKAMP | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DR K BRAD STAMM | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DR MARK GRAWEHR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DR MAYRA SUERO-WADE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| REV TIMOTHY KWOK | TRUSTEE Trustee or director | 2 | $0 | $0 |
| REV UI KIM | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SHINO JOHN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DR LISA STEINER | TRUSTEE Trustee or director | 2 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR KENNETH C WELCH | TRUSTEE Trustee or director | 2 | $0 |
| DR KIM JANCEY JAMES | TRUSTEE Trustee or director | 2 | $0 |
| KEYLA PAVIA | TRUSTEE Trustee or director | 2 | $0 |
| VLADIMIR ST PHARD | TRUSTEE Trustee or director | 2 | $0 |
| LEE ROUSON | TRUSTEE (PART YEAR) Trustee or director | 2 | $0 |
| DEBORAH SKOMBA | TRUSTEE (PART YEAR) Trustee or director | 2 | $0 |
| JAMES KANG | TRUSTEE (PART YEAR) Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Dr David Schroeder | President Officer | 40 | $92,266 | $49,568 |
| Giselle Llerena | Executive Vice President/VP of Recruitment & Retention Officer | 40 | $82,615 | $36,028 |
| Amy Huber | Vice President of Academic Affairs Highest-paid employee | 40 | $107,117 | $11,230 |
| Rupert Hayles Jr | Former President Emeritus Former | 40 | $105,505 | $10,166 |
| Cindy Weaver | Vice President for Finance/CFO Officer | 40 | $75,896 | $2,616 |
| J George Reilly | Vice Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Juan Velasco Esq | Treasurer/Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Timothy L Schmidt | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Antonio Cardona | Trustee Trustee or director | 2 | $0 | $0 |
| Deborah Skomba | Trustee Trustee or director | 2 | $0 | $0 |
| Dr K Brad Stamm | Trustee Trustee or director | 2 | $0 | $0 |
| Dr Mayra Suero-Wade | Trustee Trustee or director | 2 | $0 | $0 |
| George Blount | Trustee Trustee or director | 2 | $0 | $0 |
| Henri Steenkamp | Trustee Trustee or director | 2 | $0 | $0 |
| James Kang | Trustee Trustee or director | 2 | $0 | $0 |
| Lee Rouson | Trustee Trustee or director | 2 | $0 | $0 |
| Mark Grawehr | Trustee Trustee or director | 2 | $0 | $0 |
| Shino John | Trustee Trustee or director | 2 | $0 | $0 |
| Timothy Kwok | Trustee Trustee or director | 2 | $0 | $0 |
| Ui Kim | Trustee Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Rupert Hayles Jr | President Officer | 40 | $171,518 | $19,187 |
| Amy Huber | Vice President of Academic Affairs Highest-paid employee | 40 | $107,275 | $10,746 |
| Dr David Schroeder | Chancellor Officer | 40 | $44,819 | $70,755 |
| Filipe Remelgado | VP of Finance & Administration (part year) Officer | 40 | $69,415 | $102 |
| J George Reilly | Vice Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Juan Velasco Esq | Treasurer/Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Timothy L Schmidt | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Antonio Cardona | Trustee Trustee or director | 2 | $0 | $0 |
| Deborah Skomba | Trustee Trustee or director | 2 | $0 | $0 |
| Dr K Brad Stamm | Trustee Trustee or director | 2 | $0 | $0 |
| Dr Mayra Suero-Wade | Trustee Trustee or director | 2 | $0 | $0 |
| George Blount | Trustee Trustee or director | 2 | $0 | $0 |
| Henri Steenkamp | Trustee Trustee or director | 2 | $0 | $0 |
| James Kang | Trustee Trustee or director | 2 | $0 | $0 |
| Lee Rouson | Trustee Trustee or director | 2 | $0 | $0 |
| Mark Grawehr | Trustee Trustee or director | 2 | $0 | $0 |
| Shino John | Trustee Trustee or director | 2 | $0 | $0 |
| Timothy Kwok | Trustee Trustee or director | 2 | $0 | $0 |
| Ui Kim | Trustee Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2022: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Dr David Schroeder | Ex-Officio/President Officer | 40 | $81,757 | $98,216 |
| Rupert Hayles Jr | Chief Operating Officer Officer | 40 | $122,444 | $17,909 |
| Amy Huber | Vice President of Academic Affairs Highest-paid employee | 40 | $109,882 | $12,639 |
| Frank Donaruma | Vice Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Juan Velasco Esq | Treasurer/Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Timothy Schmidt | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Antonio Cardona | Trustee Trustee or director | 2 | $0 | $0 |
| Deborah Skomba | Trustee Trustee or director | 2 | $0 | $0 |
| Dr K Brad Stamm | Trustee Trustee or director | 2 | $0 | $0 |
| Dr Mayra Suero-Wade | Trustee Trustee or director | 2 | $0 | $0 |
| George Blount | Trustee Trustee or director | 2 | $0 | $0 |
| Henri Steenkamp | Trustee Trustee or director | 2 | $0 | $0 |
| J George Reilly | Trustee Trustee or director | 2 | $0 | $0 |
| James Kang | Trustee Trustee or director | 2 | $0 | $0 |
| Lee Rouson | Trustee Trustee or director | 2 | $0 | $0 |
| Mark Grawehr | Trustee Trustee or director | 2 | $0 | $0 |
| Phil Casciano | Trustee Trustee or director | 2 | $0 | $0 |
| Shino John | Trustee Trustee or director | 2 | $0 | $0 |
| Timothy Kwok | Trustee Trustee or director | 2 | $0 | $0 |
| Ui Kim | Trustee Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 60 PARK PL, NEWARK, NJ 07102-5511
- Principal officer (990 for 2024)
- DR DAVID SCHROEDER, 60 PARK PLACE 701, NEWARK, NJ 07102
- Signed the 990
- CINDY WEAVER, VICE PRESIDENT FOR FINANCE/CFO
- Phone
- (973) 803-5000
- Website
- WWW.PILLAR.EDU
- Return prepared by
- CRI CAPIN CROUSE ADVISORS LLC
Mission
PILLAR COLLEGE IS AN INDEPENDENT, FAITH-BASED, 4 YEAR INSTITUTION OF HIGHER EDUCATION LICENSED BY THE STATE OF NEW JERSEY AND ACCREDITED BY MIDDLE STATES COMMISSION ON HIGHER EDUCATION AND THE ASSOCIATION OF BIBLICAL HIGHER EDUCATION.
Program accomplishments
- PILLAR COLLEGE IS THE ONLY ACCREDITED, PRIVATE CHRISTIAN COLLEGE IN NEW JERSEY. PILLAR COLLEGE WAS FOUNDED IN 1908 AND ESTABLISHED AND CHARTERED BY THE NEW JERSEY COMMISSION ON HIGHER EDUCATION IN 2001. WE ARE LOCATED IN NEWARK, SOMERSET AND PATERSON, NEW JERSEY. THE UNDUPLICATED HEAD COUNT FOR FYE 25 WAS 657 UNDERGRADUATE AND 46 GRADUATE STUDENTS. THE COLLEGE OFFERS THE FOLLOWING DEGREES: MASTER OF ARTS IN COUNSELING AND MINISTRY LEADERSHIP, AN MBA IN SOCIAL SECTOR MANAGEMENT, BACHELOR OF ARTS IN BIBLICAL STUDIES, BUSINESS ADMINISTRATION & MANAGEMENT, ELEMENTARY EDUCATION, INTERCULTURAL COMMUNICATION, ORGANIZATIONAL LEADERSHIP, AND PSYCHOLOGY AND COUNSELING, AND ASSOCIATE OF ARTS IN GENERAL STUDIES.Expenses $8,121,567 · grants $3,197,476 · revenue $14,130,283
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 45-3912932
- 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
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $4,608,940
- Income (IRS master file)
- $14,847,430
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $14,533,456 | $13,693,174 | $4,608,940 | XML |
| 990 | June 2024 | $13,351,082 | $12,752,055 | $4,531,525 | IRS |
| 990 | June 2023 | $11,485,107 | $14,593,177 | $5,579,597 | XML |
| 990 | June 2022 | $11,997,685 | $12,495,832 | $3,023,118 | XML |
| 990 | June 2021 | $11,273,498 | $10,408,294 | $3,103,324 | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 45-3912932).
Questions about PILLAR COLLEGE INC
- What is the EIN of PILLAR COLLEGE INC?
- The employer identification number (EIN) of PILLAR COLLEGE INC is 45-3912932.
- Is PILLAR COLLEGE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to PILLAR COLLEGE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PILLAR COLLEGE INC 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 PILLAR COLLEGE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PILLAR COLLEGE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PILLAR COLLEGE INC?
- The 990 for the year ended June 30, 2025 names DR DAVID SCHROEDER.
- Who are the officers and directors of PILLAR COLLEGE INC?
- The 990 for the year ended June 30, 2025 lists 22 people; 3 received compensation from the organization, the highest $182,557 (DR DAVID SCHROEDER, PRESIDENT).
- How much revenue does PILLAR COLLEGE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $14,533,456, expenses of $13,693,174 and total assets of $4,608,940 at year end.
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