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Nonprofit · EIN 56-0532303

ELON UNIVERSITY

Tax-exempt · ELON, NC 27244

Financials

$389.1M$364.6M2022$413M$398.3M2023$441.4M$435.5M2024
Revenue Expenses · by fiscal year end
Financials of ELON UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$441,401,510$435,481,777$5,919,733$1,249,999,745$290,020,235$959,979,510
May 31, 2024990$412,993,975$398,332,753$14,661,222$1,207,035,090$301,629,994$905,405,096
May 31, 2023990$389,061,937$364,591,003$24,470,934$1,089,819,472$255,046,724$834,772,748
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$24,183,747
of which government grants
$4,435,679
Program service revenue
$402,610,014
Investment income
-$465,416
Net gain from sales of assets
-$465,416
Net income from fundraising events
$22,210
Other revenue
$15,073,165

Expenses

Grants and similar amounts paid
$98,401,943
Compensation of officers, directors and key employees
$2,978,164
Other salaries and wages
$143,397,633
Salaries, compensation and benefits (total)
$187,009,311
Professional fundraising fees
$48,000
Legal fees
$1,575,021
Accounting fees
$111,976
Occupancy
$12,134,269
Travel
$29,198,304
Depreciation
$17,653,775
Program services (functional)
$374,180,543
Management and general (functional)
$52,163,230
Fundraising (functional)
$9,138,004

Balance sheet and other

Total assets, start of year
$1,207,035,090
Total assets, end of year
$1,249,999,745
Total liabilities, end of year
$290,020,235
Net assets, end of year
$959,979,510
Land, buildings and equipment
$570,461,730
Publicly traded securities
$176,230,107
Net assets without donor restrictions
$695,458,731
Net assets with donor restrictions
$264,520,779
Gross unrelated business income
$7,529,554
Gross receipts
$493,657,555
Employees
4,885
Volunteers
3,582
Year formed
1901
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 May 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Dr Constance L BookPresident
Officer
40$646,310$242,754
William TaylorHead Men's Basketball Coach
Highest-paid employee
40$467,446$55,350
James PiattVice Pres - Uni. Advancement
Key employee
40$379,079$83,433
Tony TriscianiFootball Coach
Highest-paid employee
40$393,001$49,247
Janet WilliamsVP for Finance and Administration
Officer
40$382,676$54,352
Jennifer StrawleyDirector of Athletics
Key employee
40$366,581$66,691
Rebecca KohnProvost, VP Academic Affairs
Officer
40$360,739$53,040
Dr Raghuram TadepalliDean-School of Bus.
Highest-paid employee
40$357,812$52,440
Zak KramerDean and Prof. of Law
Highest-paid employee
40$315,343$72,717
Haya AjjanDean-School of Bus.
Highest-paid employee
40$316,931$65,527
David L Dave BlankSpecial Assistant to the President
Former
40$262,239$52,674
Dr Jonathan C DooleyVice Pres of Student Life
Key employee
40$247,710$41,214
Allen E Gant JrTrustee
Trustee or director
1$0$0
Charles R ClohanTrustee
Trustee or director
1$0$0
Chris P MartinTrustee
Trustee or director
1$0$0
34 more people on this return
NameTitleHours / weekCompensation
Dalton L McMichael JrTrustee
Trustee or director
1$0
David C PorterChair
Trustee or director
1$0
Debra Del VecchioTrustee
Trustee or director
1$0
Dr William N P HerbertTrustee
Trustee or director
1$0
Edmond N MoriartyPast - Chair
Trustee or director
1$0
Edward W DohertyTrustee
Trustee or director
1$0
Elizabeth KwonTrustee
Trustee or director
1$0
Howard F ArnerTrustee
Trustee or director
1$0
James A HendricksonTrustee
Trustee or director
1$0
John B ReplogleTrustee
Trustee or director
1$0
John R HillTrustee
Trustee or director
1$0
Kebbler McGhee WilliamsSecretary
Trustee or director
1$0
Kelli PalmerTrustee
Trustee or director
1$0
Kerrii Brown AndersonTrustee
Trustee or director
1$0
Lance BerberianTrustee
Trustee or director
1$0
Larry ClarkTrustee
Trustee or director
1$0
Louis DeJoyTrustee
Trustee or director
1$0
Mark T MahaffeyTrustee
Trustee or director
1$0
Maurice N Jennings JrVice Chair
Trustee or director
1$0
Megan CurlingTrustee
Trustee or director
1$0
Michele Skeens HazelTrustee
Trustee or director
1$0
Noel L AllenTrustee
Trustee or director
1$0
Patricia ChadwickTrustee
Trustee or director
1$0
Richard L ThompsonTrustee
Trustee or director
1$0
Robert B Bob ChandlerTrustee
Trustee or director
1$0
Robert E Long JrTrustee
Trustee or director
1$0
Rupinder Rupe SidhuTrustee
Trustee or director
1$0
The Rev Dr Marvin L MorganTrustee
Trustee or director
1$0
Toni P BrownTrustee
Trustee or director
1$0
Victoria Silek HuntTrustee
Trustee or director
1$0
Wesley R ElinburgTrustee
Trustee or director
1$0
William H SmithTrustee
Trustee or director
1$0
William SlatteryTrustee
Trustee or director
1$0
William Williams IIITrustee
Trustee or director
1$0
990 for the year ended May 31, 2024: 52 people
NameTitleHours / weekCompensationOther / benefits
Dr Constance L BookPresident
Officer
40$624,612$241,078
William TaylorHead Men's Basketball Coach
Highest-paid employee
40$455,250$52,696
James PiattVice Pres - Uni. Advancement
Key employee
40$406,393$80,114
Tony TriscianiFootball Coach
Highest-paid employee
40$379,053$46,948
Dr Raghuram TadepalliDean-School of Bus.
Highest-paid employee
40$373,138$49,644
David L Dave BlankSpecial Assistant to the President
Former
40$341,317$58,262
Janet WilliamsVP for Finance and Administration
Officer
40$365,151$30,063
Rebecca KohnProvost, VP Academic Affairs
Officer
40$335,566$31,439
Greg ZaiserVice President for Enrollment
Highest-paid employee
40$268,865$90,325
Dr Leo LambertPresident Emeritus
Former
40$306,116$48,245
Mike HaskinsVP for Communications & Marketing
Highest-paid employee
40$271,185$51,570
Dr Jonathan C DooleyVice Pres of Student Life
Key employee
40$237,078$39,814
Jennifer StrawleyDirector of Athletics
Key employee
40$161,911$27,046
Gerald WhittingtonSr. VP - Special Asst. to the President
Former
40$146,606$40,533
Dr Steven HouseExec. Vice President
Former
40$122,242$43,345
Allen E Gant JrTrustee
Trustee or director
1$0$0
Charles R ClohanTrustee
Trustee or director
1$0$0
Chris P MartinTrustee
Trustee or director
1$0$0
Dalton L McMichael JrTrustee
Trustee or director
1$0$0
David C PorterChair
Trustee or director
1$0$0
Deborah A Yow-BowdenTrustee
Trustee or director
1$0$0
Debra Del VecchioTrustee
Trustee or director
1$0$0
Dr William N P HerbertTrustee
Trustee or director
1$0$0
Edmond N MoriartyPast - Chair
Trustee or director
1$0$0
Edward W DohertyTrustee
Trustee or director
1$0$0
Howard F ArnerTrustee
Trustee or director
1$0$0
James A HendricksonTrustee
Trustee or director
1$0$0
John B ReplogleTrustee
Trustee or director
1$0$0
John R HillTrustee
Trustee or director
1$0$0
Jovani Mendez-SandovalTrustee
Trustee or director
1$0$0
Kebbler McGhee WilliamsSecretary
Trustee or director
1$0$0
Kelli PalmerTrustee
Trustee or director
1$0$0
Kerrii Brown AndersonTrustee
Trustee or director
1$0$0
Lance BerberianTrustee
Trustee or director
1$0$0
Larry ClarkTrustee
Trustee or director
1$0$0
Louis DeJoyTrustee
Trustee or director
1$0$0
Mark T MahaffeyTrustee
Trustee or director
1$0$0
Maurice N Jennings JrVice Chair
Trustee or director
1$0$0
Megan Megan CurlingTrustee
Trustee or director
1$0$0
Michele Skeens HazelTrustee
Trustee or director
1$0$0
Noel L AllenTrustee
Trustee or director
1$0$0
Patricia ChadwickTrustee
Trustee or director
1$0$0
Richard L ThompsonTrustee
Trustee or director
1$0$0
Robert B Bob ChandlerTrustee
Trustee or director
1$0$0
Robert E Long JrTrustee
Trustee or director
1$0$0
Rupinder Rupe SidhuTrustee
Trustee or director
1$0$0
The Rev Dr Marvin L MorganTrustee
Trustee or director
1$0$0
Toni P BrownTrustee
Trustee or director
1$0$0
Victoria Silek HuntTrustee
Trustee or director
1$0$0
Wesley R ElinburgTrustee
Trustee or director
1$0$0
William H SmithTrustee
Trustee or director
1$0$0
William J InmanTrustee
Trustee or director
1$0$0
990 for the year ended May 31, 2023: 58 people
NameTitleHours / weekCompensationOther / benefits
Dr Constance L BookPresident
Officer
40$603,569$34,664
James PiattVice Pres - Uni. Advancement
Key employee
40$384,422$54,067
Dr Raghuram TadepalliDean-School of Bus.
Highest-paid employee
40$373,534$43,687
Tony TriscianiFootball Coach
Highest-paid employee
40$353,521$43,975
Janet WilliamsVP for Finance and Administration
Officer
40$354,993$28,053
David L (Dave) BlankDirector of Athletics
Key employee
40$325,269$55,198
Dr Luke BiermanProf. of Law & Dean of Law Sch. Emeritus
Highest-paid employee
40$318,441$59,407
William TaylorHead Men's Basketball Coach
Highest-paid employee
40$310,415$39,837
Dr Leo LambertPresident Emeritus
Former
40$298,411$46,317
Gerald WhittingtonSr. VP - Special Asst. to the President
Former
40$263,389$49,342
Alan WoodliefInterim Dean - School of Law
Highest-paid employee
40$264,050$45,572
Dr Jonathan C DooleyVice Pres of Student Life
Key employee
40$217,729$37,386
Dr Aswani K VoletyProvost, VP Academic Affairs
Officer
40$189,107$23,094
Dr Steven HouseExec. Vice President
Former
40$124,432$41,478
Matthew M MathenyFormer Basketball Coach
Former
40$126,250$0
A Christine BakerTrustee
Trustee or director
40$70,182$19,078
A Michelle LaroseTrustee
Trustee or director
1$0$0
Allen E Gant JrTrustee
Trustee or director
1$0$0
Anne Ellington PowellTrustee
Trustee or director
1$0$0
Chandler VaughnTrustee
Trustee or director
1$0$0
Charles R ClohanTrustee
Trustee or director
1$0$0
Chris P MartinTrustee
Trustee or director
1$0$0
Dalton L McMichael JrTrustee
Trustee or director
1$0$0
David C PorterChair
Trustee or director
1$0$0
Deborah A Yow-BowdenTrustee
Trustee or director
1$0$0
Debra Del VecchioTrustee
Trustee or director
1$0$0
Dr William N P HerbertTrustee
Trustee or director
1$0$0
Edmond N MoriartyPast - Chair
Trustee or director
1$0$0
Edward W DohertyTrustee
Trustee or director
1$0$0
Howard F ArnerTrustee
Trustee or director
1$0$0
James A HendricksonTrustee
Trustee or director
1$0$0
John B ReplogleTrustee
Trustee or director
1$0$0
John R HillTrustee
Trustee or director
1$0$0
Jovani Mendez-SandovalTrustee
Trustee or director
1$0$0
Kebbler McGhee WilliamsSecretary
Trustee or director
1$0$0
Kelli PalmerTrustee
Trustee or director
1$0$0
Kerrii Brown AndersonTrustee
Trustee or director
1$0$0
Lance BerberianTrustee
Trustee or director
1$0$0
Larry ClarkTrustee
Trustee or director
1$0$0
Lee WilliamsTrustee
Trustee or director
1$0$0
Louis DeJoyTrustee
Trustee or director
1$0$0
Mark T MahaffeyTrustee
Trustee or director
1$0$0
Maurice N Jennings JrVice Chair
Trustee or director
1$0$0
Michele Skeens HazelTrustee
Trustee or director
1$0$0
Noel L AllenTrustee
Trustee or director
1$0$0
Patricia ChadwickTrustee
Trustee or director
1$0$0
Richard L ThompsonTrustee
Trustee or director
1$0$0
Robert B (Bob) ChandlerTrustee
Trustee or director
1$0$0
Robert E Long JrTrustee
Trustee or director
1$0$0
Rupinder (Rupe) SidhuTrustee
Trustee or director
1$0$0
The Rev Dr Marvin L MorganTrustee
Trustee or director
1$0$0
Toni P BrownTrustee
Trustee or director
1$0$0
Victoria Silek HuntTrustee
Trustee or director
1$0$0
W Cecil WorsleyTrustee
Trustee or director
1$0$0
Wesley R ElinburgTrustee
Trustee or director
1$0$0
William H SmithTrustee
Trustee or director
1$0$0
William J InmanTrustee
Trustee or director
1$0$0
Rebecca KohnProvost, VP Academic Affairs
Officer
40$0$0

Address and contacts

Address (IRS master file)
PO BOX 398, ELON, NC 27244-0398
Principal officer (990 for 2024)
Dr Constance L Book, PO Box 398, Elon, NC 27244
Signed the 990
JANET WILLIAMS, VP for Fin. and Admin.
Phone
(336) 278-5428

Mission

ELON UNIVERSITY'S MISSION IS TO TRANSFORM MIND, BODY, AND SPIRIT AND ENCOURAGE FREEDOM OF THOUGHT AND LIBERTY OF CONSCIENCE. THE UNIVERSITY PROVIDES A LIBERAL ARTS UNDERGRADUATE CURRICULUM AND GRADUATE PROGRAMS.

990 for the year ended May 31, 2025

Program accomplishments

  • INSTRUCTION - EXPENSES RELATED TO PROVIDING THE PRIMARY PURPOSE OF EDUCATION FOR UNDERGRADUATE AND GRADUATE STUDENTS.
    Expenses $242,485,388 · grants $92,635,723 · revenue $338,302,140
  • STUDENT SERVICES - EXPENSES RELATED TO THE PRIMARY PURPOSE OF CONTRIBUTING TO STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT. ATHLETICS IS INCLUDED WITHIN THIS DIVISION.
    Expenses $60,587,042 · revenue $4,276,817
  • AUXILIARY SERVICES - EXPENSES RELATED TO THE FUNCTION OF FURNISHING GOODS OR SERVICES TO STUDENTS, FACULTY, OR STAFF. EXAMPLES ARE RESIDENCE HALLS AND FOOD SERVICES.
    Expenses $57,898,270 · grants $5,766,220 · revenue $60,031,057
  • ACADEMIC SUPPORT - EXPENSES INCURRED TO PROVIDE SUPPORT SERVICES FOR THE INSTITUTION'S PRIMARY MISSION OF INSTRUCTION, INCLUDING THE LIBRARY, MEDIA SERVICES, AND TECHNOLOGY.
    Expenses $13,209,843 · revenue $8,033,603

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 May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
56-0532303
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
1939
Accounting year ends
May
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B430)
Assets (IRS master file)
$1,249,999,745
Income (IRS master file)
$493,657,555

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$441,401,510$435,481,777$1,249,999,745XML
990-TMay 2025–––IRS
990May 2024$412,993,975$398,332,753$1,207,035,090XML
990-TMay 2024–––IRS
990May 2023$389,061,937$364,591,003$1,089,819,472XML
990-TMay 2023–––IRS
990May 2022$374,224,853$328,173,984$1,076,200,947IRS
990-TMay 2022–––IRS
990May 2021–––IRS
990-TMay 2021–––IRS
990May 2020–––IRS
990May 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 56-0532303).

Questions about ELON UNIVERSITY

What is the EIN of ELON UNIVERSITY?
The employer identification number (EIN) of ELON UNIVERSITY is 56-0532303.
Is ELON UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1939.
Are donations to ELON UNIVERSITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ELON 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 ELON UNIVERSITY due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ELON UNIVERSITY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of ELON UNIVERSITY?
The 990 for the year ended May 31, 2025 names Dr Constance L Book.
Who are the officers and directors of ELON UNIVERSITY?
The 990 for the year ended May 31, 2025 lists 49 people; 12 received compensation from the organization, the highest $646,310 (Dr Constance L Book, President).
How much revenue does ELON UNIVERSITY have?
On its 990 for the year ended May 31, 2025 it reported revenue of $441,401,510, expenses of $435,481,777 and total assets of $1,249,999,745 at year end.

Other nonprofits in ELON

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