Nonprofit · EIN 51-0109178
GOLDEY BEACOM COLLEGE INC
Tax-exempt · WILMINGTON, DE 19808
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $34,153,353 | $28,843,931 | $5,309,422 | $251,793,007 | $19,358,786 | $232,434,221 |
| June 30, 2024 | 990 | $26,268,953 | $28,089,811 | -$1,820,858 | $243,469,111 | $19,823,645 | $223,645,466 |
| June 30, 2023 | 990 | $32,095,791 | $26,631,819 | $5,463,972 | $228,247,251 | $20,860,171 | $207,387,080 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,143,364
- of which government grants
- $1,960,085
- Program service revenue
- $18,524,331
- Investment income
- $13,120,493
- Net rental income
- -$15,219
- Net gain from sales of assets
- $5,657,232
- Net income from sales of inventory
- $61,160
- Other revenue
- $365,165
Expenses
- Grants and similar amounts paid
- $5,894,145
- Compensation of officers, directors and key employees
- $1,129,277
- Other salaries and wages
- $7,620,714
- Salaries, compensation and benefits (total)
- $10,678,295
- Professional fundraising fees
- $0
- Legal fees
- $20,221
- Accounting fees
- $102,765
- Occupancy
- $1,105,393
- Travel
- $102,691
- Depreciation
- $2,190,649
- Program services (functional)
- $23,388,378
- Management and general (functional)
- $4,766,603
- Fundraising (functional)
- $688,950
Balance sheet and other
- Total assets, start of year
- $243,469,111
- Total assets, end of year
- $251,793,007
- Total liabilities, end of year
- $19,358,786
- Net assets, end of year
- $232,434,221
- Land, buildings and equipment
- $31,627,146
- Publicly traded securities
- $213,017,062
- Net assets without donor restrictions
- $203,277,872
- Net assets with donor restrictions
- $29,156,349
- Gross unrelated business income
- $39,737
- Gross receipts
- $41,927,725
- Employees
- 309
- Volunteers
- 36
- Year formed
- 1951
- State of legal domicile
- DE
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 |
|---|---|---|---|---|
| COLLEEN PERRY KEITH | PRESIDENT Trustee or director, Officer | 40 | $378,315 | $34,395 |
| JOEL WORDEN | VP ACADEMIC AFFAIRS/PROVOS Officer | 40 | $186,130 | $58,981 |
| SUSAN MANNERING | VP FINANCE/CFO Officer | 40 | $185,168 | $57,798 |
| CHARLES HAMMOND | VP OPERATIONS AND PLANNING Officer | 40 | $202,614 | $17,835 |
| PETER RYSAVY | CIO Highest-paid employee | 40 | $146,630 | $26,795 |
| LARRY EBY | EX. DIR. INSTITUTIONAL ADV Highest-paid employee | 40 | $112,864 | $44,219 |
| FATMA ABDEL-RAOUF | PROFESSOR Highest-paid employee | 40 | $109,303 | $43,470 |
| JEREMY BENOIT | ATHLETIC DIRECTOR Highest-paid employee | 40 | $120,763 | $22,277 |
| WILLIAM RIVERS | ASSOCIATE PROFESSOR Highest-paid employee | 40 | $109,451 | $33,276 |
| CORNELIA N WINNER EDD | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JOAN VERBONITZ | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MARCIA B WOOD CPA CGMA | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| LEE H BURSTEIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JAVED GILANI MD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DORRELL GREEN | TRUSTEE Trustee or director | 2 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| R JEFFREY JOHNSON | TRUSTEE Trustee or director | 2 | $0 |
| ERIKA JORGENSEN | TRUSTEE Trustee or director | 2 | $0 |
| NOREEN D LASORSA | TRUSTEE Trustee or director | 2 | $0 |
| MARK R OLAZAGASTI | TRUSTEE Trustee or director | 2 | $0 |
| JOHN J PATTERSON III | TRUSTEE Trustee or director | 2 | $0 |
| MELODY PHILLIPS | TRUSTEE Trustee or director | 2 | $0 |
| LOURDES I PUIG PHD | TRUSTEE Trustee or director | 2 | $0 |
| CATHERINE SEEBER | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| COLLEEN PERRY KEITH | PRESIDENT Trustee or director, Officer | 40 | $392,380 | $33,108 |
| JOEL WORDEN | VP ACADEMIC AFFAIRS/PROVOST Officer | 40 | $173,151 | $55,424 |
| SUSAN MANNERING | VP FINANCE/CFO Officer | 40 | $166,552 | $56,468 |
| CHARLES HAMMOND | VP OPERATIONS AND PLANNING Officer | 40 | $204,275 | $18,634 |
| KRISTINE SANTOMAURO | FORMER EX. VICE PRESIDENT Former | 0 | $179,701 | $33,645 |
| PETER RYSAVY | CIO Highest-paid employee | 40 | $142,601 | $25,753 |
| LARRY EBY | EX. DIR. INSTITUTIONAL ADVANCEMENT Highest-paid employee | 40 | $112,771 | $42,475 |
| FATMA ABDEL-RAOUF | PROFESSOR Highest-paid employee | 40 | $110,227 | $35,106 |
| ALISON WHITE | FORMER VP ACAD AFFAIRS/PROVOST Former | 0 | $118,194 | $17,113 |
| JEREMY BENOIT | ATHLETIC DIRECTOR Highest-paid employee | 40 | $112,389 | $18,260 |
| SCOTT GLENN | ASSISTANT PROFESSOR Highest-paid employee | 40 | $123,514 | $7,045 |
| CORNELIA N WINNER EDD | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MARK R OLAZAGASTI | VICE BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| R JEFFREY JOHNSON | BOARD SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| LEE H BURSTEIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JAVED GILANI MD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DORRELL GREEN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ERIKA JORGENSEN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| NOREEN D LASORSA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOAN VERBONITZ PANIK | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN J PATTERSON III | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MELODY PHILLIPS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARCIA B WOOD CPA CGMA | TRUSTEE Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| COLLEEN PERRY KEITH | PRESIDENT Trustee or director, Officer | 40 | $460,651 | $40,944 |
| KRISTINE SANTOMAURO | EXECUTIVE VICE PRESIDENT Officer | 40 | $324,503 | $65,139 |
| ALISON WHITE | PROVOST/VP FOR ACADEMIC AFFAIRS Officer | 40 | $193,184 | $30,721 |
| SUSAN MANNERING | ASST. VP OF FINANCIAL SVCS & HR Highest-paid employee | 40 | $144,109 | $61,074 |
| CHARLES HAMMOND | VP FOR STUDENT AFFAIRS AND ATHLETICS Officer | 40 | $170,909 | $14,936 |
| JOEL WORDEN | ASSOC. PROVOST FOR ACADEMIC PROGRAMS Highest-paid employee | 40 | $127,360 | $30,150 |
| PETER RYSAVY | CIO Highest-paid employee | 40 | $119,333 | $16,790 |
| FATMA ABDEL-RAOUF | PROFESSOR Highest-paid employee | 40 | $111,462 | $23,898 |
| WILLIAM RIVERS | ASSOCIATE PROFESSOR Highest-paid employee | 40 | $111,015 | $22,121 |
| JAVED GILANI | TRUSTEE Trustee or director | 2 | $0 | $0 |
| E THOMAS HARVEY III | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOAN VERBONITZ PANIK | TRUSTEE Trustee or director | 2 | $0 | $0 |
| R JEFFREY JOHNSON | BOARD SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| JOHN J PATTERSON III | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CORNELIA N WINNER | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MARK OLAZAGASTI | VICE BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| URSULA SHARP | TRUSTEE Trustee or director | 2 | $0 | $0 |
| NOREEN D LASORSA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MELODY PHILLIPS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DORRELL GREEN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARCIA B WOOD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ERIKA JORGENSEN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| LEE H BURSTEIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4701 LIMESTONE RD, WILMINGTON, DE 19808-1927
- Principal officer (990 for 2024)
- SUSAN MANNERING, 4701 LIMESTONE ROAD, WILMINGTON, DE 19808
- Signed the 990
- SUSAN MANNERING, VICE PRESIDENT FOR FINANCE/CFO
- Phone
- (302) 998-8814
- Website
- WWW.GBC.EDU
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
EMPOWERING LEARNERS TO ACHIEVE EXCELLENCE BY LINKING KNOWLEDGE TO PRACTICE.
Program accomplishments
- PROGRAMS OF STUDY DAY AND EVENING ACADEMIC PROGRAMS WHICH PROVIDE TRAINING AND EDUCATION TO 779 FULLTIME STUDENTS AND 444 PART-TIME STUDENTS.Expenses $12,580,436 · grants $5,107,045 · revenue $14,611,790
- AUXILIARY ENTERPRISES - RESIDENCE HALLS, DINING SERVICE AND RELATED SUMMER PROGRAMS INCLUDING MODERN APARTMENTS LOCATED ADJACENT TO THE ACADEMIC BUILDING PROVIDING HOUSING FOR 276 STUDENTS DURING THE FALL SEMESTER AND 251 STUDENTS DURING THE SPRING SEMESTER. DININGSERVICE FACILITIES AND OTHER RELATED SERVICES AVAILABLE FOR STUDENTS AND SUMMER PROGRAM ATTENDEES.Expenses $4,608,339 · grants $787,100 · revenue $3,905,266
- THE CAMPUS STORE SELLS SCHOOL SUPPLIES, COLLEGE APPAREL, AND SMALL MISCELLANEOUS ITEMS TO STUDENTS TO ASSIST IN PROVIDING A COLLEGIATE EXPERIENCE.Expenses $6,199,603 · revenue $68,435
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
- 51-0109178
- 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
- 1971
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B43)
- Assets (IRS master file)
- $251,793,007
- Income (IRS master file)
- $41,927,725
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $34,153,353 | $28,843,931 | $251,793,007 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $26,268,953 | $28,089,811 | $243,469,111 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $32,095,791 | $26,631,819 | $228,247,251 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $32,727,269 | $27,004,539 | $221,938,935 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 51-0109178).
Questions about GOLDEY BEACOM COLLEGE INC
- What is the EIN of GOLDEY BEACOM COLLEGE INC?
- The employer identification number (EIN) of GOLDEY BEACOM COLLEGE INC is 51-0109178.
- Is GOLDEY BEACOM COLLEGE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
- Are donations to GOLDEY BEACOM COLLEGE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GOLDEY BEACOM 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 GOLDEY BEACOM 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 GOLDEY BEACOM 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 GOLDEY BEACOM COLLEGE INC?
- The 990 for the year ended June 30, 2025 names SUSAN MANNERING.
- Who are the officers and directors of GOLDEY BEACOM COLLEGE INC?
- The 990 for the year ended June 30, 2025 lists 23 people; 9 received compensation from the organization, the highest $378,315 (COLLEEN PERRY KEITH, PRESIDENT).
- How much revenue does GOLDEY BEACOM COLLEGE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $34,153,353, expenses of $28,843,931 and total assets of $251,793,007 at year end.
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