Nonprofit · EIN 56-0532296
BENNETT COLLEGE
Tax-exempt · GREENSBORO, NC 27401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $14,451,445 | $15,863,622 | -$1,412,177 | $45,987,969 | $9,676,889 | $36,311,080 |
| June 30, 2024 | 990 | $16,569,468 | $15,984,786 | $584,682 | $45,502,241 | $8,048,203 | $37,454,038 |
| June 30, 2023 | 990 | $16,836,615 | $16,186,107 | $650,508 | $42,982,121 | $7,258,778 | $35,723,343 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,650,011
- of which government grants
- $6,135,046
- Program service revenue
- $3,962,716
- Investment income
- $1,712,771
- Net rental income
- $39,931
- Net gain from sales of assets
- $863,237
- Other revenue
- $125,947
Expenses
- Grants and similar amounts paid
- $2,441,967
- Compensation of officers, directors and key employees
- $1,146,982
- Other salaries and wages
- $4,606,426
- Salaries, compensation and benefits (total)
- $5,753,408
- Professional fundraising fees
- $0
- Depreciation
- $1,361,996
- Program services (functional)
- $7,660,513
- Management and general (functional)
- $7,696,651
- Fundraising (functional)
- $506,458
Balance sheet and other
- Total assets, start of year
- $45,502,241
- Total assets, end of year
- $45,987,969
- Total liabilities, end of year
- $9,676,889
- Net assets, end of year
- $36,311,080
- Land, buildings and equipment
- $22,935,922
- Publicly traded securities
- $16,941,265
- Net assets without donor restrictions
- $17,006,013
- Net assets with donor restrictions
- $19,305,067
- Gross receipts
- $14,451,445
- Employees
- 225
- Volunteers
- 15
- Year formed
- 1889
- State of legal domicile
- NC
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 |
|---|---|---|---|---|
| SUZANNE E WALSH | PRESIDENT Officer | 40 | $305,820 | $14,906 |
| ELIZABETH WAUGH | CFO AND VICE PRESIDENT OF BUSINESS Officer | 40 | $140,581 | $25,140 |
| PHANALPHIE RHUE | VICE PRESIDENT, INSTITUTIO Officer | 40 | $135,530 | $17,003 |
| YVETTE WIMBERLY | ASSISTANT VICE PRESIDENT, ENROLLMENT Officer | 40 | $130,987 | $20,564 |
| JERMAINE THOMAS | EXEUTIVE DIRECTOR, CAMPUS SAFETY AND HEALTH Officer | 40 | $118,139 | $28,089 |
| SANTIBA CAMPBELL | ASSOCIATE PROFESSOR, PSYCHOLOGY Officer | 40 | $109,578 | $25,284 |
| SHEMRICO ROMAN STANLEY | VICE PRESIDENT, ENROLLEMENT Officer | 40 | $95,517 | $7,326 |
| LAURA MCLEAN | VICE PRESIDENT, ACADEMIC AFFAIRS Officer | 40 | $45,345 | $6,225 |
| JERMON M BAFATY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR RONALD L CARTER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| REV RODVEGAS MARC INGRAM SR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR CHARLENE GREEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CASSANDRA JONES HARVARD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR PAMELA CV JOLLY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR MELBA GOODE MCCALLUM | TRUSTEE Trustee or director | 1 | $0 | $0 |
11 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICOLE WASHINGTON | TRUSTEE Trustee or director | 1 | $0 |
| NZINGA SHAW | TRUSTEE Trustee or director | 1 | $0 |
| REV JOHN COLEMAN | TRUSTEE Trustee or director | 1 | $0 |
| TONY SMALLS | TRUSTEE Trustee or director | 1 | $0 |
| DR GOLDIE F WELLS | TRUSTEE Trustee or director | 1 | $0 |
| DR AVRIL SMART GOGGANS | TRUSTEE Trustee or director | 1 | $0 |
| MADIEU WILLIAMS | TRUSTEE Trustee or director | 1 | $0 |
| MIGNON ESPY EDWARDS | TRUSTEE Trustee or director | 1 | $0 |
| MELANI DZIIRE | TRUSTEE Trustee or director | 1 | $0 |
| CHERYL PARQUET | TRUSTEE Trustee or director | 1 | $0 |
| DEBRA CLARK JONES | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 27 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SUZANNE E WALSH | PRESIDENT Officer | 40 | $298,020 | $14,271 |
| LAURA MCCLEAN | VICE PRESIDENT, ACADEMIC AFFAIRS Officer | 40 | $128,083 | $22,640 |
| ELIZABETH WAUGH | CFO AND VICE PRESIDENT OF BUSINESS Officer | 40 | $126,629 | $24,049 |
| PHANALPHIE RHUE | VICE PRESIDENT, INSTITUTIO Officer | 40 | $122,723 | $23,780 |
| YVETTE WIMBERLY | ASSISTANT VICE PRESIDENT, ENROLLMENT Officer | 40 | $109,498 | $21,013 |
| JERMAINE THOMAS | EXECUTIVE DIRECTOR, CAMPUS SAFETY AND HEALTH Officer | 40 | $99,690 | $21,932 |
| SHEMRICO ROMAN STANLEY | VICE PRESIDENT, ENROLLEMEN Officer | 40 | $102,809 | $7,883 |
| SANTIBA CAMPBELL | ASSOCIATE PROFESSOR, PSYCHOLOGY Officer | 40 | $65,696 | $18,633 |
| FRANK MCCAIN | VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT Officer | 40 | $42,214 | $10,974 |
| JERMON M BAFATY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR ANNA HARRISON | TRUSTEE - EX OFFICIO Trustee or director | 1 | $0 | $0 |
| DR RONALD L CARTER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| REV RODVEGAS MARC INGRAM SR | TRUSTEE - EX OFFICIO Trustee or director | 1 | $0 | $0 |
| DR CHARLENE GREEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ATTY CASSANDRA JONES HARVARD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ZAKYA JONES-WALKER | TRUSTEE - EX OFFICIO Trustee or director | 1 | $0 | $0 |
| DR PAMELA CV JOLLY | CHAIR-ELECT Trustee or director, Officer | 1 | $0 | $0 |
| DEBRA CLARK JONES | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DR MARK MILLIRON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| NATALIE RENEE PARKER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SENATOR GLADYS ASHE ROBINSON PHD | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DR MELBA GOODE | TRUSTEE - EX OFFICIO Trustee or director | 1 | $0 | $0 |
| ATTY NICOLE WASHINGTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ATTY MADIEU WILLIAMS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MIGNON ESPY EDWARDS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MELANI WALKER DZIIRE CPA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHERYL PARQUET | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 32 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR SUZANNE E WALSH JD | PRESIDENT Officer | 40 | $297,885 | $0 |
| MR GREG HODGES | VP FOR BUSINESS OPERATIONS Officer | 40 | $189,915 | $19,505 |
| MR THOMAS GRIFFIS JR | EXECUTIVE DIRECTOR, CAMPUS Officer | 40 | $129,867 | $12,116 |
| DR LAURA COLSON | VICE PRESIDENT, ACADEMIC AFFAIRS Officer | 40 | $127,857 | $11,022 |
| MS ELIZABETH WAUGH | CFO AND VICE PRESIDENT OF BUSINESS AND FINANCE Officer | 40 | $122,252 | $12,035 |
| JERMAINE THOMAS | EXECUTIVE DIRECTOR, CAMPUS SAFETY AND HEALTH Officer | 40 | $100,470 | $11,219 |
| SANTIBA CAMPBELL | ASSOCIATE PROFESSOR, PSYCHOLOGY Officer | 40 | $75,444 | $11,570 |
| FRANK MCCAIN | VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT Officer | 4 | $82,869 | $806 |
| MS CATHERINE HURD | VICE PRESIDENT, ENROLLEMEN Officer | 40 | $65,488 | $5,161 |
| MR LADANIEL GATLING II | VICE PRESIDENT, INSTITUTIO Officer | 40 | $38,755 | $6,255 |
| YVETTE WIMBLERLY | ASSISTANT VICE PRESIDENT, ENROLLMENT Officer | 40 | $34,016 | $2,554 |
| MS KIMBERLY JESSUP RIPBERGER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| NICOLE WASHINGTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR PAMELA CV JOLLY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEBRA CLARK JONES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| REV DR HENRY FITZJEFFERIES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JERMON M BAFATY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ATTY MADIEU WILLIAMS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ATTY CASSANDRA JONES-HAVARD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MRS KWANZA JONES | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| DR MARK MILLIRON | VICE PRESIDENT FOR FINANCE Trustee or director, Officer | 1 | $0 | $0 |
| MRS NATALIE RENEE PARKER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MS LANELLA SMITH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR SANTIBA CAMPBELL | TRUSTEE - NON-VOTING Trustee or director | 1 | $0 | $0 |
| DR CARLINDA PURCELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR JAMES ANDERSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SENATOR GLADYS ASHE ROBINSON PHD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR CHARLENE GREEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MS KIMBERLY DRYE-DANCY | DEAN, STUDENT EXPERIENCE & Officer | 40 | $0 | $0 |
| DR WILLIETTA GIBSON | DEAN, FACULTY Officer | 40 | $0 | $0 |
| MS ADRENA COLEMAN | VICE PRESIDENT FOR OPERATI Officer | 40 | $0 | $0 |
| DR GWENDOLYN S O'NEAL | CHIEF OPERATING OFFICER Officer | 40 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 900 E WASHINGTON ST, GREENSBORO, NC 27401-3239
- In care of
- % E LOUIS FARMER
- Principal officer (990 for 2024)
- TERESA HARDEE, 900 E WASHINGTON STREET, GREENSBORO, NC 27401
- Signed the 990
- TERESA HARDEE, INTERIM PRESIDENT
- Phone
- (336) 517-2100
- Website
- WWW.BENNETT.EDU
- Return prepared by
- DMJPS PLLC
Mission
TO OFFER WOMEN AN EDUCATION CONDUCIVE TO EXCELLENCE IN SCHOLARLY PURSUITS, PREPARATION FOR LEADERSHIP ROLES IN THE WORKPLACE, SOCIETY, AND THE WORLD, AND LIFE-LONG LEARNING IN A TECHNOLOGICALLY ADVANCED, COMPLEX GLOBAL SOCIETY.
Program accomplishments
- TO SUSTAIN A LEARNING COMMUNITY IN WHICH STUDENTS CAN PREPARE ACADEMICALLY, SOCIALLY, AND SPIRITUALLY FOR LEADERSHIP IN A COMPLEX, DIVERSE, AND RAPIDLY CHANGING WORLD. A TOTAL OF 353 STUDENTS WERE ENROLLED DURING THE FALL AND SPRING SEMESTERS.Expenses $6,519,422 · grants $2,441,967 · revenue $2,910,520
- AUXILIARY ENTERPRISE SUPPORTS THE COLLEGE'S MISSION OF PROVIDING QUALITY EDUCATIONAL OPPORTUNITIES. THESE SERVICES INCLUDE, BUT ARE NOT LIMITED TO, FOOD SERVICES, CAMPUS HOUSING, POSTAL SERVICES, PARKING, VENDING, CAMPUS STORES AND ATHLETICS.Expenses $1,141,091 · revenue $1,138,212
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
- 56-0532296
- 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
- 1977
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B420)
- Assets (IRS master file)
- $45,987,969
- Income (IRS master file)
- $14,451,445
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $14,451,445 | $15,863,622 | $45,987,969 | IRS |
| 990 | June 2024 | $16,569,468 | $15,984,786 | $45,502,241 | IRS |
| 990 | June 2023 | $16,836,615 | $16,186,107 | $42,982,121 | IRS |
| 990 | June 2022 | $19,731,439 | $16,688,976 | $43,688,043 | 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 56-0532296).
Questions about BENNETT COLLEGE
- What is the EIN of BENNETT COLLEGE?
- The employer identification number (EIN) of BENNETT COLLEGE is 56-0532296.
- Is BENNETT COLLEGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to BENNETT COLLEGE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BENNETT 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 BENNETT 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 BENNETT 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 BENNETT COLLEGE?
- The 990 for the year ended June 30, 2025 names TERESA HARDEE.
- Who are the officers and directors of BENNETT COLLEGE?
- The 990 for the year ended June 30, 2025 lists 26 people; 8 received compensation from the organization, the highest $305,820 (SUZANNE E WALSH, PRESIDENT).
- How much revenue does BENNETT COLLEGE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $14,451,445, expenses of $15,863,622 and total assets of $45,987,969 at year end.
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