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Nonprofit · EIN 52-0591691

WASHINGTON COLLEGE

Tax-exempt · CHESTERTOWN, MD 21620

Financials

$94.4M$101.4M2022$154.2M$112.3M2023$132.3M$113.4M2024
Revenue Expenses · by fiscal year end
Financials of WASHINGTON COLLEGE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$132,277,197$113,449,992$18,827,205$567,114,447$81,574,844$485,539,603
June 30, 2024990$154,192,682$112,294,656$41,898,026$563,029,259$85,666,030$477,363,229
June 30, 2023990$94,382,563$101,417,420-$7,034,857$490,986,375$85,812,464$405,173,911
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$21,433,245
of which government grants
$7,998,057
Program service revenue
$61,062,512
Investment income
$48,496,422
Net rental income
$117,393
Net gain from sales of assets
$35,695,342
Net income from fundraising events
-$655
Other revenue
$1,285,018

Expenses

Grants and similar amounts paid
$33,301,798
Compensation of officers, directors and key employees
$2,446,101
Other salaries and wages
$31,179,883
Salaries, compensation and benefits (total)
$42,107,174
Professional fundraising fees
$0
Legal fees
$555,544
Accounting fees
$172,869
Occupancy
$3,006,708
Travel
$1,729,076
Depreciation
$9,147,599
Program services (functional)
$91,849,710
Management and general (functional)
$18,710,925
Fundraising (functional)
$2,889,357

Balance sheet and other

Total assets, start of year
$563,029,259
Total assets, end of year
$567,114,447
Total liabilities, end of year
$81,574,844
Net assets, end of year
$485,539,603
Land, buildings and equipment
$168,220,881
Publicly traded securities
$180,771,819
Net assets without donor restrictions
$95,674,142
Net assets with donor restrictions
$389,865,461
Gross unrelated business income
-$40,182
Gross receipts
$191,794,288
Employees
1,266
Volunteers
329
Year formed
1782
State of legal domicile
MD

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.

NameTitleHours / weekCompensationOther / benefits
MICHAEL SOSULSKIPRESIDENT (UNTIL 7/31/25)
Trustee or director, Officer
55$553,587$89,564
SUSANNAH C SUTLEYVP, ADVANCEMENT, ALUMNI AF
Key employee
55$270,974$34,528
BRIAN SPEERVICE PRESIDENT FOR MARKETING AND COM
Key employee
55$226,221$33,613
VALERIE IMBRUCEDIRECTOR, CES
Highest-paid employee
55$205,320$31,528
KIHO KIMPROVOST & DEAN OF THE COLLEGE
Key employee
55$210,918$9,143
SARAH FEYERHERMVP OF STUDENT AFFAIRS
Key employee
55$189,242$19,116
JOHNNIE JOHNSONVICE PRESIDENT FOR ENROLLMENT MANAGEMENT
Key employee
55$188,034$19,216
VICTOR SENSENIGCHIEF OF STAFF/VP FOR PLANNING
Key employee
55$174,297$31,427
IRVING BRUCKSTEINCHIEF INFORMATION OFFICER
Highest-paid employee
55$167,016$28,376
TERI SIMMONSDEPUTY CFO
Highest-paid employee
55$164,574$29,067
MARK CONNELLVP FOR FINANCE & ADMINISTRATION (AS OF 7/24)
Officer
55$166,746$17,278
MICHAEL HARVEYSPECIAL ASSISTANT TO THE PRESIDENT
Highest-paid employee
55$165,538$17,934
ADAM GOODHEARTDIRECTOR OF THE STARR CENTER
Highest-paid employee
55$160,229$18,438
EDWARD PATRICKFORMER VP FOR FINANCE & ADMINISTRATION
Former
0$154,224$14,592
STEPHEN T GOLDINGCHAIR
Trustee or director, Officer
1$0$0
32 more people on this return
NameTitleHours / weekCompensation
RICHARD WHEELERVICE CHAIR
Trustee or director, Officer
1$0
VALARIE A SHEPPARDSECRETARY
Trustee or director, Officer
1$0
PETER MALLERTREASUER
Trustee or director, Officer
1$0
JIM BAROSSIMEMBER
Trustee or director
1$0
THAD BENCHMEMBER
Trustee or director
1$0
H LAWRENCE CULP JRMEMBER
Trustee or director
1$0
RYDER DANIELSMEMBER
Trustee or director
1$0
HILARY FALKMEMBER
Trustee or director
1$0
L MYRTON GAINES IIMEMBER
Trustee or director
1$0
MARGARET STEVENS JACKSMEMBER
Trustee or director
1$0
KIRK B JOHNSONMEMBER
Trustee or director
1$0
HONG JIM LIMMEMBER
Trustee or director
1$0
REBECCA CORBIN LOREEMEMBER
Trustee or director
1$0
WILLIAM S SHEP MILLERMEMBER
Trustee or director
1$0
EDWARD P NORDBERGMEMBER
Trustee or director
1$0
BERT W REINMEMBER
Trustee or director
1$0
BRANDON RIKERMEMBER
Trustee or director
1$0
REBECCA RIMELMEMBER
Trustee or director
1$0
LAURA SALLADINMEMBER
Trustee or director
1$0
HUGH SHERMANMEMBER
Trustee or director
1$0
LISA SMITHMEMBER
Trustee or director
1$0
WILLIAM L SNOOKMEMBER
Trustee or director
1$0
DARYL L SWANSTROMMEMBER
Trustee or director
1$0
JOHN H TIMKENMEMBER
Trustee or director
1$0
DONALD C TOMASSOMEMBER
Trustee or director
1$0
DEBORAH MOXLEY TURNERMEMBER
Trustee or director
1$0
JANICE DAUE WALKERMEMBER
Trustee or director
1$0
ELIZABETH WAREHIMEMEMBER
Trustee or director
1$0
MICHELLE GIBBONS-NEFFMEMBER
Trustee or director
1$0
NAYEF SAMHATMEMBER
Trustee or director
1$0
RICHARD D WOODMEMBER
Trustee or director
1$0
CARYN YORKMEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 47 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL SOSULSKIPRESIDENT
Trustee or director, Officer
55$441,251$68,560
SUSANNAH C SUTLEYVP, ADVANCEMENT, ALUMNI AF
Key employee
55$264,053$29,471
EDWARD PATRICKVP FOR FINANCE & ADMINISTRATION
Officer
55$254,175$14,541
BRIAN SPEERVICE PRESIDENT FOR MARKETING AND COMMUNICATION
Key employee
55$211,973$28,888
VALERIE IMBRUCEDIRECTOR, CES
Highest-paid employee
55$198,670$24,711
JOHN SEIDELFORMER DIRECTOR, CES (THRU 12/22)
Former
0$210,230$981
JOHNNIE JOHNSONVICE PRESIDENT FOR ENROLLMENT MANAGEMENT
Key employee
55$175,349$16,954
SARAH FEYERHERMVP OF STUDENT AFFAIRS
Key employee
55$174,884$16,582
VICTOR SENSENIGCHIEF OF STAFF/VP FOR PLANNING
Key employee
55$162,265$27,120
MICHAEL HARVEYSPECIAL ASSISTANT TO THE PRESIDENT FOR STRATEGIC I
Highest-paid employee
55$166,305$20,413
ADAM GOODHEARTDIRECTOR OF THE STARR CENTER
Highest-paid employee
55$147,593$15,890
LISA MARXDIRECTOR OF HEALTH SERVICE
Highest-paid employee
55$142,766$5,366
SHEKAYLA HOOKSNURSE PRACTITIONER
Highest-paid employee
55$133,133$13,855
STEPHEN T GOLDINGCHAIR
Trustee or director, Officer
1$0$0
RICHARD WHEELERVICE CHAIR
Trustee or director, Officer
1$0$0
VALARIE A SHEPPARDSECRETARY
Trustee or director, Officer
1$0$0
PETER MALLERTREASUER
Trustee or director, Officer
1$0$0
JIM BAROSSIMEMBER
Trustee or director
1$0$0
THAD BENCHMEMBER
Trustee or director
1$0$0
H LAWRENCE CULP JRMEMBER
Trustee or director
1$0$0
RYDER DANIELSMEMBER
Trustee or director
1$0$0
HILARY FALKMEMBER
Trustee or director
1$0$0
L MYRTON GAINES IIMEMBER
Trustee or director
1$0$0
MARGARET STEVENS JACKSMEMBER
Trustee or director
1$0$0
KIRK B JOHNSONMEMBER
Trustee or director
1$0$0
HONG JIM LIMMEMBER
Trustee or director
1$0$0
REBECCA CORBIN LOREEMEMBER
Trustee or director
1$0$0
WILLIAM S SHEP MILLERMEMBER
Trustee or director
1$0$0
EDWARD P NORDBERGMEMBER
Trustee or director
1$0$0
BERT W REINMEMBER
Trustee or director
1$0$0
BRANDON RIKERMEMBER
Trustee or director
1$0$0
REBECCA RIMELMEMBER
Trustee or director
1$0$0
LAURA SALLADINMEMBER
Trustee or director
1$0$0
HUGH SHERMANMEMBER
Trustee or director
1$0$0
LISA SMITHMEMBER
Trustee or director
1$0$0
WILLIAM L SNOOKMEMBER
Trustee or director
1$0$0
DARYL L SWANSTROMMEMBER
Trustee or director
1$0$0
JOHN H TIMKENMEMBER
Trustee or director
1$0$0
DONALD C TOMASSOMEMBER
Trustee or director
1$0$0
DEBORAH MOXLEY TURNERMEMBER
Trustee or director
1$0$0
JANICE DAUE WALKERMEMBER
Trustee or director
1$0$0
ELIZABETH WAREHIMEMEMBER
Trustee or director
1$0$0
MICHAEL WOODFOLKMEMBER (THRU 12/31)
Trustee or director
1$0$0
MICHELLE GIBBONS-NEFFMEMBER
Trustee or director
1$0$0
NAYEF SAMHATMEMBER
Trustee or director
1$0$0
RICHARD D WOODMEMBER
Trustee or director
1$0$0
CARYN YORKMEMBER
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 45 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL SOSULSKIPRESIDENT
Trustee or director, Officer
55$403,599$49,302
SUSANNAH C SUTLEYVP, ADVANCEMENT, ALUMNI AF
Key employee
55$260,868$21,689
EDWARD PATRICKVP FOR FINANCE & ADMIN (AS OF 01/23)
Officer
55$240,917$15,981
LORNA HUNTERVICE PRESIDENT ENROLLMENT
Key employee
55$212,047$17,413
JOHN SEIDELDIRECTOR, CES
Highest-paid employee
55$184,238$17,511
MICHAEL HARVEYPROVOST & DEAN OF THE COLLEGE
Key employee
55$164,477$26,962
SARAH FEYERHERMVICE PRESIDENT OF STUDENT AFFAIRS
Key employee
55$161,871$11,657
VICTOR SENSENIGCHIEF OF STAFF/VP FOR PLANNING
Highest-paid employee
55$146,066$20,583
SHEKAYLA HOOKSNURSE PRACTITIONER
Highest-paid employee
55$129,574$11,585
LISA MARXDIRECTOR OF HEALTH SERVICE
Highest-paid employee
55$138,171$2,530
ADAM GOODHEARTDIRECTOR OF THE STARR CENTER
Highest-paid employee
55$126,743$11,659
LAURA JOHNSON THRU 062023AVP FOR FINANCE & ADMINISTRATION
Former
55$107,606$0
STEPHEN T GOLDINGCHAIR
Trustee or director, Officer
1$0$0
WILLIAM J HARVEYVICE CHAIR
Trustee or director, Officer
1$0$0
RICHARD D WOODVICE CHAIR
Trustee or director, Officer
1$0$0
RICHARD L CREIGHTONIMMEDIATE PAST VICE CHAIR
Trustee or director, Officer
1$0$0
VALARIE A SHEPPARDSECRETARY
Trustee or director, Officer
1$0$0
RICHARD WHEELERTREASURER
Trustee or director, Officer
1$0$0
THAD BENCHMEMBER
Trustee or director
1$0$0
MARC BUNTINGMEMBER
Trustee or director
1$0$0
NORRIS W COMMODORE JRMEMBER
Trustee or director
1$0$0
THOMAS C CROUSEMEMBER
Trustee or director
1$0$0
H LAWRENCE CULP JRMEMBER
Trustee or director
1$0$0
REGIS ANTONIN DE RAMELMEMBER
Trustee or director
1$0$0
L MYRTON GAINES IIMEMBER
Trustee or director
1$0$0
MARGARET JACKSMEMBER
Trustee or director
1$0$0
KIRK B JOHNSONMEMBER
Trustee or director
1$0$0
HONG JIM LIMMEMBER
Trustee or director
1$0$0
REBECCA CORBIN LOREEMEMBER
Trustee or director
1$0$0
PETER MALLERMEMBER
Trustee or director
1$0$0
WILLIAM S SHEP MILLERMEMBER
Trustee or director
1$0$0
EDWARD P NORDBERGMEMBER
Trustee or director
1$0$0
BERT W REINMEMBER
Trustee or director
1$0$0
BRANDON RIKERMEMBER
Trustee or director
1$0$0
HUGH SHERMANMEMBER
Trustee or director
1$0$0
RALPH SNYDERMANMEMBER
Trustee or director
1$0$0
DARYL L SWANSTROMMEMBER
Trustee or director
1$0$0
JOHN H TIMKENMEMBER
Trustee or director
1$0$0
DONALD C TOMASSOMEMBER
Trustee or director
1$0$0
DEBORAH MOXLEY TURNERMEMBER
Trustee or director
1$0$0
JANICE WALKERMEMBER
Trustee or director
1$0$0
ELIZABETH WAREHIMEMEMBER
Trustee or director
1$0$0
MICHAEL WOODFOLKMEMBER
Trustee or director
1$0$0
MICHELLE GIBBONS-NEFFMEMBER
Trustee or director
1$0$0
NAYEF SAMHATMEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
300 WASHINGTON AVE, CHESTERTOWN, MD 21620-1438
In care of
% TERI SIMMONS
Principal officer (990 for 2024)
DR BRYAN L MATTHEWS, 300 WASHINGTON AVENUE, CHESTERTOWN, MD 216201197
Signed the 990
TERI SIMMONS, DEPUTY CFO
Phone
(410) 778-7784
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

WASHINGTON COLLEGE CHALLENGES AND INSPIRES EMERGING CITIZEN LEADERS TO DISCOVER LIVES OF PURPOSE AND PASSION.CORE VALUESWE SHARE THESE VALUES OF OUR FOUNDING PATRON, GEORGE WASHINGTON: INTEGRITY, DETERMINATION, CURIOSITY, CIVILITY, LEADERSHIP, AND MORAL COURAGE. WE OFFER ACADEMIC RIGOR AND SELF-DISCOVERY IN A SUPPORTIVE, RESIDENTIAL COMMUNITY OF WELL-QUALIFIED, DIVERSE, AND MOTIVATED INDIVIDUALS. WE DEVELOP IN OUR STUDENTS HABITS OF ANALYTIC THOUGHT AND CLEAR COMMUNICATION, AESTHETIC INSIGHT, ETHICAL SENSITIVITY, AND CIVIC RESPONSIBILITY.

990 for the year ended June 30, 2025

Program accomplishments

  • WASHINGTON COLLEGE'S ACHIEVEMENTS INCLUDE SUCCEEDING AS AN INSTITUTION OF HIGHER EDUCATION PROMOTING HABITS OF ANALYTIC THOUGHT, AESTHETIC INSIGHT, IMAGINATION, ETHICAL SENSITIVITY AND CLARITY OF EXPRESSION WHILE SUCCESSFULLY GRADUATING STUDENTS IN 4 YEARS. THE COLLEGE ENDEAVORS TO PREPARE ITS GRADUATES FOR FURTHER EDUCATION AND PRODUCTIVE CAREERS. WITH MANY MAJORS AND ACADEMIC PROGRAMS TO CHOOSE FROM, STUDENTS CAN DEVISE A COURSE OF STUDY THAT FITS THEIR INTELLECTUAL INTERESTS AND CAREER ASPIRATIONS. IN ADDITION TO TRADITIONAL FIELDS OF STUDY, THEY MAY CHOOSE AN AREA OF CONCENTRATION IN FIELDS SUCH AS BEHAVIORAL NEUROSCIENCE, CLINICAL PSYCHOLOGY OR EAST ASIAN STUDIES, AMONG OTHERS. THE COLLEGE ALSO OFFERS PROFESSIONAL PREPARATION TRACKS IN PREMEDICAL STUDIES AND PRE-LAW, AS WELL AS DUAL DEGREE PROGRAMS IN ENGINEERING, NURSING AND PHARMACY.
    Expenses $91,716,033 · grants $33,301,798 · revenue $48,317,225
  • WASHINGTON COLLEGE USES ITS FACILITIES DURING SUMMER MONTHS TO FACILITATE EDUCATIONAL EXPERIENCES FOR YOUNGER K-12 STUDENTS. THESE STUDENTS ARE GIVEN AN OPPORTUNITY TO PARTICIPATE IN SUMMER CAMPS RANGING FROM SCIENCES, MATHEMATICS AND HANDS ON PROJECTS. THESE CAMPS LAST ANYWHERE FROM FOUR DAYS TO THREE WEEKS AND ARE MANAGED BY OTHER OUTSIDE NONPROFIT ORGANIZATIONS.
    Expenses $133,677 · revenue $1,080,054
  • WASHINGTON COLLEGE'S RESIDENTIAL LIFE PROGRAM PROVIDES STUDENTS WITH OPPORTUNITIES AND EXPERIENCES THAT HELP THEM TO DEVELOP RESPONSIBILITIES BOTH TO THEMSELVES AND TO THEIR FELLOW STUDENTS. IT ATTEMPTS TO PROVIDE A RELAXING AND CALM ATMOSPHERE FOR STUDY AND DAY-TO-DAY LIVING. INDEED, LIVING ON-CAMPUS IS TRULY THE "OTHER-HALF" OF A COLLEGE EDUCATION. WITH APPROXIMATELY 27 DORMS TO CHOOSE FROM, STUDENTS HAVE CHOICES OF SINGLE, DOUBLES OR TRIPLES IN EACH ROOM/UNIT. HODSON HALL HOUSES THE DINING FACILITIES FOR WASHINGTON COLLEGE. THE MAIN DINING HALL SEATS 500 ON TWO LEVELS. STUDENTS, FACULTY AND STAFF FIND MADE-TO-ORDER MEALS ALONG WITH SELF-SERVE OPTIONS ALLOWING FOR A CUSTOMIZED DINING EXPERIENCE. STUDENTS CHOOSE FROM FIVE MEALS PLANS WITH ADDITIONAL OPTIONS FOR MEAL EQUIVALENCIES. CASUAL DINING IS LOCATED ON THE FIRST FLOOR OF THE COMMONS. OPERATING UNTIL LATE EVENING, OPTIONS INCLUDE MONDO SUBS, MARTHA'S KITCHEN, AND THE CAMPUS COFFEE BAR, JAVA GEORGE.
    revenue $11,665,233

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
52-0591691
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
1947
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B420)
Assets (IRS master file)
$567,114,447
Income (IRS master file)
$191,794,288

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$132,277,197$113,449,992$567,114,447IRS
990-TJune 2025–––IRS
990June 2024$154,192,682$112,294,656$563,029,259IRS
990-TJune 2024–––IRS
990June 2023$94,382,563$101,417,420$490,986,375IRS
990-TJune 2023–––IRS
990June 2022$131,582,653$92,915,532$475,865,680IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 52-0591691).

Questions about WASHINGTON COLLEGE

What is the EIN of WASHINGTON COLLEGE?
The employer identification number (EIN) of WASHINGTON COLLEGE is 52-0591691.
Is WASHINGTON COLLEGE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1947.
Are donations to WASHINGTON COLLEGE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WASHINGTON 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 WASHINGTON COLLEGE 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 WASHINGTON COLLEGE 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 WASHINGTON COLLEGE?
The 990 for the year ended June 30, 2025 names DR BRYAN L MATTHEWS.
Who are the officers and directors of WASHINGTON COLLEGE?
The 990 for the year ended June 30, 2025 lists 47 people; 14 received compensation from the organization, the highest $553,587 (MICHAEL SOSULSKI, PRESIDENT (UNTIL 7/31/25)).
How much revenue does WASHINGTON COLLEGE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $132,277,197, expenses of $113,449,992 and total assets of $567,114,447 at year end.

Other nonprofits in CHESTERTOWN

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