Nonprofit · EIN 54-0506319
MARY BALDWIN UNIVERSITY
Tax-exempt · STAUNTON, VA 24401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $60,209,727 | $60,306,715 | -$96,988 | $76,209,090 | $24,258,082 | $51,951,008 |
| June 30, 2024 | 990 | $56,662,332 | $66,070,655 | -$9,408,323 | $77,940,208 | $25,187,602 | $52,752,606 |
| June 30, 2023 | 990 | $60,205,035 | $67,152,920 | -$6,947,885 | $86,535,808 | $27,146,040 | $59,389,768 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $7,870,402
- of which government grants
- $881,848
- Program service revenue
- $48,732,327
- Investment income
- $3,497,961
- Net gain from sales of assets
- $2,880,367
- Other revenue
- $109,037
Expenses
- Grants and similar amounts paid
- $16,827,811
- Compensation of officers, directors and key employees
- $610,927
- Other salaries and wages
- $20,031,438
- Salaries, compensation and benefits (total)
- $25,548,766
- Professional fundraising fees
- $0
- Legal fees
- $43,282
- Accounting fees
- $94,236
- Occupancy
- $2,479,886
- Travel
- $547,002
- Depreciation
- $2,469,761
- Program services (functional)
- $50,559,988
- Management and general (functional)
- $8,568,727
- Fundraising (functional)
- $1,178,000
Balance sheet and other
- Total assets, start of year
- $77,940,208
- Total assets, end of year
- $76,209,090
- Total liabilities, end of year
- $24,258,082
- Net assets, end of year
- $51,951,008
- Land, buildings and equipment
- $29,106,110
- Publicly traded securities
- $22,532,945
- Net assets without donor restrictions
- $10,191,283
- Net assets with donor restrictions
- $41,759,725
- Gross unrelated business income
- -$3,257
- Gross receipts
- $60,348,175
- Employees
- 645
- Volunteers
- 0
- Year formed
- 1842
- State of legal domicile
- VA
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 |
|---|---|---|---|---|
| JEFFREY STEIN | PRESIDENT Trustee or director, Officer | 35 | $324,904 | $24,264 |
| WILLIAM WEBB | CHIEF GROWTH OFFICER/SVP & DEAN, PALMER COLLEGE Key employee | 1 | $260,707 | $22,738 |
| JENNIFER MCPHERSON | PROGRAM DIRECTOR-NAP PROGRAM Highest-paid employee | 1 | $275,414 | $6,714 |
| PAUL MENZER | PROVOST Key employee | 1 | $249,137 | $12,620 |
| TODD TELEMECO | VP AND DEAN OF MDCHS Key employee | 1 | $228,884 | $21,886 |
| MARY HARVEY | VP OF ADVANCEMENT Highest-paid employee | 1 | $211,114 | $18,105 |
| LIESEL CROSIER | VP FOR OIC/INTERIM VPEM Highest-paid employee | 1 | $184,706 | $20,088 |
| AMY DIDUCH | VP AND DEAN OF COLLEGE OF ARTS & SCIENCES Key employee | 1 | $181,919 | $14,692 |
| KELLY ELMORE | ASST. PROFESSOR-DNP PROGRAM Highest-paid employee | 1 | $167,570 | $10,689 |
| EVANGELOS KOBOLAKIS | FORMER AVP OF INFORMATION TECH/CIO Highest-paid employee | 1 | $156,923 | $4,143 |
| BRAD SHERIFF | INTERIM CFO Trustee or director, Officer | 35 | $158,025 | $0 |
| GABRIELLE MCCREE | BOARD CHAIR Trustee or director, Officer | 0 | $0 | $0 |
| ELOISE CHANDLER | CO-VICE CHAIR Trustee or director, Officer | 0 | $0 | $0 |
| CONSTANCE DIERICKX | CO-VICE CHAIR Trustee or director, Officer | 0 | $0 | $0 |
| HAROLD JOHNSON | BOARD SECRETARY Trustee or director, Officer | 0 | $0 | $0 |
20 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHOLEH EHDAIVAND-KORNEGAY | BOARD TRUSTEE Trustee or director | 0 | $0 |
| LORETTA TABB FARRAR | BOARD TRUSTEE Trustee or director | 0 | $0 |
| HELEN FORSTER | BOARD TRUSTEE Trustee or director | 0 | $0 |
| WENDY FOSTER | BOARD TRUSTEE Trustee or director | 0 | $0 |
| CHARLES HEINER | BOARD TRUSTEE Trustee or director | 0 | $0 |
| ANITA HUDSON-FRALEY | BOARD TRUSTEE Trustee or director | 0 | $0 |
| SHELLY GOODE | BOARD TRUSTEE Trustee or director | 0 | $0 |
| MARK LAROSA | BOARD TRUSTEE Trustee or director | 0 | $0 |
| MIKE MATTHEWS | BOARD TRUSTEE Trustee or director | 0 | $0 |
| JANE MILLER | BOARD TRUSTEE Trustee or director | 0 | $0 |
| SUSAN PALMER | BOARD TRUSTEE Trustee or director | 0 | $0 |
| KAMALA PAYNE ARANGO | BOARD TRUSTEE Trustee or director | 0 | $0 |
| TIM POWERS | BOARD TRUSTEE Trustee or director | 0 | $0 |
| JOHN ROGERS III | BOARD TRUSTEE Trustee or director | 0 | $0 |
| MICHAEL SCHOENFELD | BOARD TRUSTEE Trustee or director | 0 | $0 |
| ANDREW SHIPP | BOARD TRUSTEE Trustee or director | 0 | $0 |
| DAVID ANTHONLY SHIPULA | BOARD TRUSTEE Trustee or director | 0 | $0 |
| DONNA SMITH | BOARD TRUSTEE Trustee or director | 0 | $0 |
| TRIMBLE BAILEY SPITZER | BOARD TRUSTEE Trustee or director | 0 | $0 |
| SUE WHITLOCK | BOARD TRUSTEE Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 36 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAMELA FOX | FORMER PRESIDENT Former | 35 | $406,209 | $23,648 |
| SEAN SIMPLICIO | CHIEF FINANCIAL OFFICER AND TREASURER Trustee or director, Officer | 35 | $299,779 | $10,446 |
| WILLIAM WEBB | EVP FOR ACA. AFF./CAO/DEAN, PALMER COLLEGE OF PROF Key employee | 35 | $280,621 | $25,610 |
| ERNEST JEFFRIES | VP OF STUDENT ENGAGEMENT Highest-paid employee | 35 | $247,882 | $16,081 |
| CHARLES DAVIS | VP OF INSTITUTIONAL ADVANCEMENT Highest-paid employee | 35 | $238,208 | $20,971 |
| MATTHEW MUNSEY | VP OF ENROLLMENT MANAGEMENT Highest-paid employee | 35 | $211,131 | $14,952 |
| PAUL MENZER | VP & DEAN, GOLD COLLEGE OF ARTS & SCIENCES Key employee | 35 | $206,813 | $13,771 |
| SUSAN STEVENS | SR. ASSOCIATE DEAN-MDCHS Highest-paid employee | 35 | $199,048 | $16,534 |
| JEFFREY STEIN | PRESIDENT Trustee or director, Officer | 35 | $200,258 | $14,485 |
| EVANGELOS KOBOLAKIS | AVP OF INFORMATION TECH./CIO Highest-paid employee | 35 | $201,188 | $6,964 |
| CONSTANCE DIERICKX | CO-VICE CHAIR Trustee or director, Officer | 0 | $0 | $0 |
| ELOISE CHANDLER | CO-VICE CHAIR Trustee or director, Officer | 0 | $0 | $0 |
| GABRIELLE MCCREE | BOARD CHAIR Trustee or director, Officer | 0 | $0 | $0 |
| HAL JOHNSON | BOARD SECRETARY Trustee or director, Officer | 0 | $0 | $0 |
| AMII BARNARD-BAHN | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| ANDREW SHIPP | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| CHARLES HEINER | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| DONNA SMITH | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| HARVEY WESTBROOK JR | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| HELEN FORSTER | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| JANE MILLER | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| JOHN ROGERS | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| KAMALA PAYNE | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| KELLY OKE DOWD | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| MARGARET WREN DE ST AUBIN | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| MARIA CERMINARA ACAR | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| MARK LAROSA | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| MIKE MATTHEWS | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| PETER GWALTNEY | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| RAKI MCGREGOR | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| SHOLEH EHDAIVAND-KORNEGAY | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| SUE WHITLOCK | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| SUSAN PALMER | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| TIM POWERS | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| TRIMBLE BAILEY SPITZER | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| WENDY FOSTER | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
990 for the year ended June 30, 2023: 35 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAMELA FOX | PRESIDENT Trustee or director, Officer | 35 | $434,380 | $39,047 |
| SEAN SIMPLICIO | CHIEF FINANCIAL OFFICER AND TREASURER Officer | 35 | $277,306 | $9,009 |
| CHARLES DAVIS | VP OF INSTITUTIONAL ADVANCEMENT Highest-paid employee | 35 | $239,985 | $28,562 |
| WILLIAM WEBB | SR VP & DEAN, PALMER COLLEGE OF PROF. STUDIES Highest-paid employee | 35 | $244,658 | $19,922 |
| ERNEST JEFFRIES | VP OF STUDENT ENGAGEMENT Highest-paid employee | 35 | $230,216 | $17,649 |
| DEBORAH GREUBEL | VP OF MDCHS & CHIEF HEALTH OFFICER Highest-paid employee | 35 | $201,923 | $7,147 |
| MATT MUNSEY | VP OF ENROLLMENT MANAGEMENT Highest-paid employee | 35 | $191,199 | $15,718 |
| CONSTANCE DIERICKX | BOARD VICE CHAIR Trustee or director, Officer | 0 | $0 | $0 |
| GABRIELLE MCCREE | BOARD CHAIR Trustee or director, Officer | 0 | $0 | $0 |
| HAL JOHNSON | BOARD SECRETARY Trustee or director, Officer | 0 | $0 | $0 |
| AMII BARNARD-BAHN | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| ANDREW SHIPP | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| ANNABEL E BARBER | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| BEVERLY BATES | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| CHARLES HEINER | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| CINDY DULLEA | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| DONNA SMITH | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| DORIE CLARK | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| ELOISE CHANDLER | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| GEORGE PARMAN | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| HARVEY WESTBROOK JR | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| HELEN FORSTER | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| JOHN A NOLDE JR | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| JOHN ROGERS | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| KAMALA PAYNE | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| KATHERINE SMALLWOOD | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| KELLY OKE DOWD | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| MARGARET WREN DE ST AUBIN | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| MARIA CERMINARA ACAR | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| MARK LAROSA | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| PETER GWALTNEY | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| RAKI MCGREGOR | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| SUSAN PALMER | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| TIM POWERS | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
| TRIMBLE BAILEY SPITZER | BOARD TRUSTEE Trustee or director | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- NEW FREDERICK STS, STAUNTON, VA 24401-0000
- In care of
- % DAVID MOWEN
- Principal officer (990 for 2024)
- DR TODD TELEMECO, NEW STREET AND FREDERICK STREET, STAUNTON, VA 24401
- Signed the 990
- DR TODD TELEMECO, PRESIDENT
- Phone
- (540) 887-7000
- Website
- WWW.MARYBALDWIN.EDU
- Return prepared by
- BROWN EDWARDS & COMPANY LLP
Mission
MARY BALDWIN UNIVERSITY EMPOWERS LEADERS TO PURSUE LIVES OF PURPOSE IN A CHANGING WORLD. AS A DISTINCTIVE SMALL UNIVERSITY COMMITTED TO ITS RICH HERITAGE AS AN INCLUSIVE, WOMEN-CENTERED LIBERAL ARTS UNIVERSITY, MARY BALDWIN FULFILLS ITS MISSION BY PROVIDING UNDERGRADUATE, GRADUATE, AND PROFESSIONAL EDUCATION TO A DIVERSE POPULATION OF WOMEN AND MEN. IT EMPHASIZES HIGH ETHICAL STANDARDS AND THE DEVELOPMENT OF CRITICAL, CREATIVE, AND REFLECTIVE REASONING AS THE FOUNDATION FOR FULFILLING, ENGAGED, AND MEANINGFUL LIVES.
Program accomplishments
- SCHOLARSHIPS AND FELLOWSHIPS - THE UNIVESITY AWARDED APPROXIMATELY 1,085 STUDENTS FINANCIAL AID ASSISTANCE THROUGH INSITUTIONAL MEANS. FINANCIAL AID IS FUNDED BY FEDERAL, STATE, PRIVATE AND INSTITUTIONAL MEANS.Expenses $16,827,811 · grants $16,827,811
- INSTRUCTIONAL - VARIOUS PROGRAMS SUCH AS TRADITIONAL DEGREES, CONTINUING EDUCATION, SUMMER PROGRAMS, CONSORTIUM AND STUDIES ABROAD TO APPROXIMATELY 2,167 STUDENTS.Expenses $33,732,177 · revenue $48,850,882
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
- 54-0506319
- 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
- 1933
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B42Z)
- Assets (IRS master file)
- $76,209,090
- Income (IRS master file)
- $60,348,175
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $60,209,727 | $60,306,715 | $76,209,090 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $56,662,332 | $66,070,655 | $77,940,208 | IRS |
| 990 | June 2023 | $60,205,035 | $67,152,920 | $86,535,808 | XML |
| 990 | June 2022 | $83,218,385 | $66,923,366 | $88,755,029 | IRS |
| 990 | June 2021 | – | – | – | 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 54-0506319).
Questions about MARY BALDWIN UNIVERSITY
- What is the EIN of MARY BALDWIN UNIVERSITY?
- The employer identification number (EIN) of MARY BALDWIN UNIVERSITY is 54-0506319.
- Is MARY BALDWIN UNIVERSITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1933.
- Are donations to MARY BALDWIN UNIVERSITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARY BALDWIN UNIVERSITY 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 MARY BALDWIN UNIVERSITY 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 MARY BALDWIN UNIVERSITY 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 MARY BALDWIN UNIVERSITY?
- The 990 for the year ended June 30, 2025 names DR TODD TELEMECO.
- Who are the officers and directors of MARY BALDWIN UNIVERSITY?
- The 990 for the year ended June 30, 2025 lists 35 people; 11 received compensation from the organization, the highest $324,904 (JEFFREY STEIN, PRESIDENT).
- How much revenue does MARY BALDWIN UNIVERSITY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $60,209,727, expenses of $60,306,715 and total assets of $76,209,090 at year end.
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