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Nonprofit · EIN 54-1061178

REGENT UNIVERSITY

Tax-exempt · VIRGINIA BCH, VA 23464

Financials

$160.2M$154M2022$168.2M$160.9M2023$189.4M$168.8M2024
Revenue Expenses · by fiscal year end
Financials of REGENT UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$189,426,241$168,838,408$20,587,833$239,013,915$96,717,036$142,296,879
June 30, 2024990$168,223,635$160,868,000$7,355,635$211,431,763$96,168,813$115,262,950
June 30, 2023990$160,194,490$153,959,044$6,235,446$200,757,176$99,575,687$101,181,489
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$17,008,279
of which government grants
$921,721
Program service revenue
$165,544,737
Investment income
$6,481,872
Royalties
$43,752
Net rental income
$6,275
Net gain from sales of assets
$3,830,090
Tax-exempt bond proceeds
$11,993
Other revenue
$391,353

Expenses

Grants and similar amounts paid
$27,997,860
Compensation of officers, directors and key employees
$2,614,512
Other salaries and wages
$63,355,831
Salaries, compensation and benefits (total)
$79,708,562
Professional fundraising fees
$0
Legal fees
$185,685
Accounting fees
$182,507
Occupancy
$6,354,360
Travel
$1,014,634
Depreciation
$5,324,347
Program services (functional)
$141,632,267
Management and general (functional)
$25,043,009
Fundraising (functional)
$2,163,132

Balance sheet and other

Total assets, start of year
$211,431,763
Total assets, end of year
$239,013,915
Total liabilities, end of year
$96,717,036
Net assets, end of year
$142,296,879
Land, buildings and equipment
$101,589,996
Publicly traded securities
$70,003,742
Net assets without donor restrictions
$93,874,489
Net assets with donor restrictions
$48,422,390
Gross unrelated business income
$6,275
Gross receipts
$220,466,927
Employees
1,951
Volunteers
82
Year formed
1977
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Gordon P RobertsonChancellor/Chief Executive Officer
Trustee or director
26$351,625$582,155$39,442
Louis A IsakoffSr Vice President and General Counsel
Officer
40$401,478$0$43,841
Dorothy C FosterExec VP Advancement/Enrollment Services
Officer
40$328,539$0$30,837
Bradley J LingoDean/Professor - School of Law
Highest-paid employee
40$303,758$0$31,599
William L HathawayExec VP Academic Affairs
Officer
40$282,199$0$35,011
Martha J SmithVice President for Human Resources & Administration
Officer
40$284,811$0$31,127
Stephen BruceEVP Finance and Administration
Officer
40$258,376$0$34,400
Joseph UmidiExecutive Vice President for Student Life
Officer
40$255,868$0$24,080
Simon TarrDean of Honors College/School of Communication
Highest-paid employee
40$234,629$0$44,763
Michele M BachmannDean - School of Government
Officer
40$245,002$0$22,772
Doris GomezDean - School of Business and Leadership
Key employee
40$224,730$0$32,815
Joshua McMullenDean - College of Arts and Sciences
Highest-paid employee
4$223,611$0$28,939
Chris Allen Mitchell SrVP Chief of Police
Officer
40$207,654$0$22,660
Drew AshbyBoard Member
Institutional trustee
1$0$0$0
Dianne CashBoard Member
Institutional trustee
1$0$0$0
16 more people on this return
NameTitleHours / weekCompensation
Chauncey W CrandallBoard Member - Vice Chairman
Institutional trustee
1$0
William FedererBoard Member
Institutional trustee
1$0
James GregoryBoard Member
Institutional trustee
1$0
Joe JohnsonBoard Member
Institutional trustee
1$0
Stephen LevyBoard Member
Institutional trustee
1$0
Howard LongBoard Member
Institutional trustee
1$0
William MaynardBoard Member
Institutional trustee
1$0
David MelilliBoard Member
Institutional trustee
1$0
Jay A SekulowBoard Member
Institutional trustee
1$0
Daniel C Sellers JrBoard Member
Institutional trustee
1$0
Magda SerranoBoard Member
Institutional trustee
1$0
Phillip D WalkerBoard Member - Chairman
Institutional trustee
1$0
Jennifer WhitelawBoard Member
Institutional trustee
1$0
Steve BestBoard Member
Institutional trustee
1$0
Arun DanielBoard Member
Institutional trustee
1$0
James WardBoard Member
Institutional trustee
1$0
990 for the year ended June 30, 2024: 31 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
M G RobertsonChancellor-CEO
Former
20$500,000$18,513$305,286
Gordon P RobertsonChancellor/Chief Executive Officer
Trustee or director
12$58,633$586,559$26,832
Louis A IsakoffSr Vice President and General Counsel
Institutional trustee
40$392,077$0$43,103
Bradley J LingoDean/Professor - Law School
Highest-paid employee
40$295,528$0$36,692
Martha J SmithVice President for Human Resources & Administration
Officer
40$287,871$0$34,748
Dorothy C FosterExec VP Advancement/Enrollment Services
Officer
40$279,910$0$34,337
William L HathawayExec VP Academic Affairs
Officer
40$275,871$0$34,603
Stephen BruceEVP Finance and Administration
Officer
40$255,495$0$30,456
Simon TarrDean of Honors College/School of Communication
Highest-paid employee
40$237,970$0$44,561
Joseph UmidiExecutive Vice President for Student Life
Officer
40$255,179$0$23,471
Christopher J LambertVP Advancement
Former
0$251,165$0$21,408
Michele M BachmannDean - Government
Highest-paid employee
40$240,478$0$22,106
Doris GomezDean - Business
Highest-paid employee
40$218,488$0$32,414
Joshua McMullenDean - School of Arts and Sciences
Highest-paid employee
40$221,052$0$28,743
Chris Allen Mitchell SrVP Chief of Police
Officer
40$199,259$0$20,157
Drew AshbyBoard Member
Trustee or director
1$0$0$0
Dianne CashBoard Member
Trustee or director
1$0$0$0
Chauncey W CrandallBoard Member - Vice Chairman
Trustee or director
1$0$0$0
William FedererBoard Member
Trustee or director
1$0$0$0
James GregoryBoard Member
Trustee or director
1$0$0$0
Joe JohnsonBoard Member
Trustee or director
1$0$0$0
Stephen LevyBoard Member
Trustee or director
1$0$0$0
Howard LongBoard Member
Trustee or director
1$0$0$0
William MaynardBoard Member
Trustee or director
1$0$0$0
David MelilliBoard Member
Trustee or director
1$0$0$0
Jay A SekulowBoard Member
Trustee or director
1$0$0$0
Daniel C Sellers JrBoard Member
Trustee or director
1$0$0$0
Magda SerranoBoard Member
Trustee or director
1$0$0$0
Robert O Snelling SrBoard Member
Trustee or director
1$0$0$0
Phillip D WalkerBoard Member - Chairman
Trustee or director
1$0$0$0
Jennifer WhitelawBoard Member
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 31 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
M G RobertsonChancellor-CEO
Trustee or director, Officer
14$1,194$5,740$483,461
Louis A IsakoffVice President and General Counsel
Officer
40$361,112$0$41,601
Dorothy C FosterExec VP Enrollment Services
Officer
40$277,629$0$37,829
Martha J SmithVice President for Human Resources & Administration
Officer
40$273,365$0$33,717
William L HathawayExec VP Academic Affairs
Officer
40$272,982$0$33,820
Christopher J LambertVP Advancement
Officer
40$280,248$0$22,843
Bradley J LingoDean/Professor - Law School
Highest-paid employee
40$261,352$0$33,578
Stephen BruceEVP Finance and Administration
Officer
40$248,608$0$29,408
Joseph UmidiExecutive Vice President for Student Life
Officer
40$251,260$0$23,954
Michele M BachmannDean - Government
Highest-paid employee
40$238,690$0$21,031
Doris GomezDean - Business
Highest-paid employee
40$219,463$0$31,923
James J DuaneLaw Professor
Highest-paid employee
40$216,808$0$26,191
Joshua McMullenDean - School of Arts and Sciences
Highest-paid employee
40$213,998$0$28,009
Chris Allen Mitchell SrVP Chief of Police
Officer
40$164,783$0$22,863
Ann R LeBlancVice President on Special Assignment
Former
0$72,892$0$12,569
Drew AshbyBoard Member
Trustee or director
1$0$0$0
Dianne CashBoard Member
Trustee or director
1$0$0$0
Chauncey W CrandallBoard Member - Vice Chairman
Trustee or director
1$0$0$0
William FedererBoard Member
Trustee or director
1$0$0$0
James GregoryBoard Member
Trustee or director
1$0$0$0
Joe JohnsonBoard Member
Trustee or director
1$0$0$0
Stephen LevyBoard Member
Trustee or director
1$0$0$0
Howard LongBoard Member
Trustee or director
1$0$0$0
William MaynardBoard Member
Trustee or director
1$0$0$0
David MelilliBoard Member
Trustee or director
1$0$0$0
Jay A SekulowBoard Member
Trustee or director
1$0$0$0
Daniel C Sellers JrBoard Member
Trustee or director
1$0$0$0
Magda SerranoBoard Member
Trustee or director
1$0$0$0
Robert O Snelling SrBoard Member
Trustee or director
1$0$0$0
Phillip D WalkerBoard Member - Chairman
Trustee or director
1$0$0$0
Jennifer WhitelawBoard Member
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1000 REGENT UNIVERSITY DR, VIRGINIA BCH, VA 23464-5037
In care of
% REGENT UNIVERSITY BUSINESS OFFICE
Mailing address (990-N for 2012)
1000 Regent University Drive, Virginia Beach VA 23464
Principal officer (990 for 2024)
Stephen Bruce, 1000 Regent University Drive, Virginia Beach, VA 23464
Principal officer (990-N for 2012)
Jamie Stewart, 1000 Regent University Dr DIV 258, Virginia Beach VA 23464
Signed the 990
Stephen Bruce, VP of Business Administration
Phone
(757) 352-4050

Mission

Regent University serves as a center of Christian thought and action to provide excellent education through a Biblical perspective and global context equipping Christian leaders to change the world.

990 for the year ended June 30, 2025

Program accomplishments

  • Instruction - Schools of Communication & the Arts, Business & Leadership, Education, Psychology & Counseling, Divinity, Law, Government and College of Arts and Sciences and College of Health Care Sciences. Includes Academic Support, Student Services, Scholarships, Auxiliaries & Academic Affairs. 1,230 Graduate degrees, 730 Bachelor degrees, 196 First Professional degrees and 46 Associate degrees were awarded in 2024-2025. (10,657 students)
    Expenses $132,646,464 · revenue $153,448,928
  • Hospitality Services - Hotel and conference center providing conference services, food and beverage services, banquets and other various hospitality services.
    Expenses $8,985,803 · revenue $12,437,830

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
54-1061178
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
1978
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$239,013,915
Income (IRS master file)
$220,466,927

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$189,426,241$168,838,408$239,013,915XML
990-TJune 2025–––IRS
990June 2024$168,223,635$160,868,000$211,431,763XML
990-TJune 2024–––IRS
990June 2023$160,194,490$153,959,044$200,757,176XML
990-TJune 2023–––IRS
990June 2022$162,900,413$144,554,204$193,536,342IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TDecember 2020–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS
990-N for 2012
Officer: Jamie Stewart
June 30, 2013≤ $50,000 receipts––e-Postcard

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 54-1061178).

Questions about REGENT UNIVERSITY

What is the EIN of REGENT UNIVERSITY?
The employer identification number (EIN) of REGENT UNIVERSITY is 54-1061178.
Is REGENT UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to REGENT UNIVERSITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does REGENT 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 REGENT 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 REGENT 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 REGENT UNIVERSITY?
The 990 for the year ended June 30, 2025 names Stephen Bruce.
Who are the officers and directors of REGENT UNIVERSITY?
The 990 for the year ended June 30, 2025 lists 31 people; 13 received compensation from the organization, the highest $351,625 (Gordon P Robertson, Chancellor/Chief Executive Officer).
How much revenue does REGENT UNIVERSITY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $189,426,241, expenses of $168,838,408 and total assets of $239,013,915 at year end.

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