Nonprofit · EIN 62-0475690
LEMOYNE OWEN COLLEGE
Tax-exempt · MEMPHIS, TN 38126
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $19,150,552 | $27,326,893 | -$8,176,341 | $44,916,722 | $9,380,819 | $35,535,903 |
| June 30, 2024 | 990 | $20,391,139 | $22,631,484 | -$2,240,345 | $50,175,851 | $8,030,162 | $42,145,689 |
| June 30, 2023 | 990 | $27,458,504 | $25,944,968 | $1,513,536 | $51,465,324 | $8,402,704 | $43,062,620 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $9,352,517
- of which government grants
- $4,213,080
- Program service revenue
- $9,543,209
- Investment income
- $36,123
- Other revenue
- $218,703
Expenses
- Grants and similar amounts paid
- $1,748,449
- Compensation of officers, directors and key employees
- $1,462,096
- Salaries, compensation and benefits (total)
- $1,462,096
- Professional fundraising fees
- $0
- Program services (functional)
- $16,111,950
- Management and general (functional)
- $10,411,779
- Fundraising (functional)
- $803,164
Balance sheet and other
- Total assets, start of year
- $50,175,851
- Total assets, end of year
- $44,916,722
- Total liabilities, end of year
- $9,380,819
- Net assets, end of year
- $35,535,903
- Land, buildings and equipment
- $24,981,946
- Publicly traded securities
- $15,696,730
- Net assets without donor restrictions
- $23,894,154
- Net assets with donor restrictions
- $11,641,749
- Gross receipts
- $19,150,552
- Employees
- 246
- Volunteers
- 20
- Year formed
- 1934
- State of legal domicile
- TN
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 |
|---|---|---|---|
| Mr Christopher Davis | President Trustee or director, Officer | 40 | $264,004 |
| Ms Joyce McGhee | Vice President of Administration Finance, CFO Officer | 40 | $180,000 |
| Dr Lisa J Lang | Provost Vice President for Academic Affairs Officer | 40 | $167,092 |
| Ms Kimberly Bailey | Vice President of Information Technology, CIO Officer | 40 | $165,000 |
| Ms Tara Dunn Ross | Chief Operations Officer Officer | 40 | $135,000 |
| Ms Amy Davis | Vice President, Human Resources, CHRO Officer | 40 | $125,000 |
| Mr William Anderson | Athletics Director Officer | 40 | $100,000 |
| LaMar-Octavious Scott | Vice President, Student Affairs Officer | 40 | $100,000 |
| Ms Gail Robinson | Executive Director, Title III Officer | 40 | $90,000 |
| Ms Rosalyn Nichols | Vice President of Advancement Officer | 40 | $75,000 |
| Ms Kimberly Monday | Executive Assistant to the President Officer | 40 | $61,000 |
| Ms Patricia Covington | Board Member Trustee or director | 1 | $0 |
| Mr Jason H Berger | First Vice Chairperson Trustee or director, Officer | 1 | $0 |
| Mrs Sharon Devine Harris | Secretary Trustee or director, Officer | 1 | $0 |
| Mr Byron Cole | Board Member Trustee or director | 1 | $0 |
15 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Myke Collins | Board Member Trustee or director | 1 | $0 |
| Dr Deborah Harmon Hines | Board Member Trustee or director | 1 | $0 |
| Mrs Vanecia Belser Kimbrow | Chairperson Trustee or director, Officer | 1 | $0 |
| Mr Victor Walker | Board Member Trustee or director | 1 | $0 |
| Dr Marlon King | Board Member Trustee or director | 1 | $0 |
| Rev Dr William Ladd | Board Member Trustee or director | 1 | $0 |
| Dr Sandra Madubuonwu | Board Member Trustee or director | 1 | $0 |
| Mr Michael Scarbrough | Board Member Trustee or director | 1 | $0 |
| Dr Claudette Jones Shephard | Board Member Trustee or director | 1 | $0 |
| Dr Haywood Strickland | Board Member Trustee or director | 1 | $0 |
| Mrs KC Warren | Second Vice Chairperson Trustee or director, Officer | 1 | $0 |
| Mr Michael Collins | Board Member Trustee or director | 1 | $0 |
| Mrs Miska Clay Bibbs | Board Member Trustee or director | 1 | $0 |
| Dr Linda White | Board Member Trustee or director | 1 | $0 |
| Dr Sonja B Williams | Board Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 30 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mr Christopher Davis | Interim President Trustee or director, Officer | 40 | $254,473 |
| Dr Lisa J Lang | Provost Vice President for Academic Affairs Officer | 40 | $167,092 |
| Ms Joyce McGhee | Vice President of Administration Finance CFO Officer | 40 | $145,000 |
| Ms Tara Dunn Ross | Vice President, Student Affairs Officer | 40 | $123,694 |
| Ms Amy Smith | Executive Director of Human Resources Officer | 40 | $117,000 |
| Ms Julie Graves | Associate VP of Institutional Advancement External Relations Officer | 40 | $94,554 |
| Mr William Anderson | Athletic Director Officer | 40 | $82,000 |
| Ms Gail Robinson | Executive Director, Title III Officer | 40 | $80,000 |
| Ms Sheneka Balogun | Chief Operating Officer Officer | 40 | $73,500 |
| Ms Lynda Batiste | VP, Administration Finance/CFO Officer | 40 | $51,667 |
| Mr Charles Elliot | Vice President of Information Technology, CIO Officer | 40 | $33,213 |
| Ms Patricia Covington | Board Member Trustee or director | 1 | $0 |
| Mr Jason H Berger | First Vice Chairperson Trustee or director, Officer | 1 | $0 |
| Mrs Sharon Devine Harris | Secretary Trustee or director, Officer | 1 | $0 |
| Mr Byron Cole | Board Member Trustee or director | 1 | $0 |
| Dr Myke Collins | Board Member Trustee or director | 1 | $0 |
| Dr Deborah Harmon Hines | Board Member Trustee or director | 1 | $0 |
| Mrs Vanecia Belser Kimbrow | Chairperson Trustee or director, Officer | 1 | $0 |
| Mr Victor Walker | Board Member Trustee or director | 1 | $0 |
| Dr Marlon King | Board Member Trustee or director | 1 | $0 |
| Rev Dr William Ladd | Board Member Trustee or director | 1 | $0 |
| Dr Sandra Madubuonwu | Board Member Trustee or director | 1 | $0 |
| Mr Michael Scarbrough | Board Member Trustee or director | 1 | $0 |
| Dr Claudette Jones Shephard | Board Member Trustee or director | 1 | $0 |
| Dr Haywood Strickland | Board Member Trustee or director | 1 | $0 |
| Mrs KC Warren | Second Vice Chairperson Trustee or director, Officer | 1 | $0 |
| Mr Michael Collins | Board Member Trustee or director | 1 | $0 |
| Mrs Miska Clay Bibbs | Board Member Trustee or director | 1 | $0 |
| Dr Linda White | Board Member Trustee or director | 1 | $0 |
| Dr Sonja B Williams | Board Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 25 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Vernell Bennett-Fairs | President Trustee or director, Officer | 40 | $255,269 |
| Dr Lisa J Lang | Provost Vice President for Academic Affairs Officer | 40 | $161,907 |
| Mr Charles Elliott | Chief Information Officer Officer | 40 | $144,563 |
| Dr Tara J Dunn-Ross | Vice President, Student Affairs Officer | 40 | $113,543 |
| Ms Julie Graves | Associate Vice President Institutional Advancement Officer | 40 | $93,352 |
| Dr Lynda M Batiste | Vice President of Finance CFO Officer | 40 | $82,981 |
| Ms Amy Smith | Executive Director, Human Resources Officer | 40 | $76,462 |
| Ms Sheneka Balogun | Chief Operating Officer Officer | 40 | $71,115 |
| Mr Stanley L Robinson | Interim Chief Financial Officer Officer | 40 | $65,262 |
| Ms Patricia Covington | Chairperson Trustee or director, Officer | 1 | $0 |
| Mr Donald W Comer | First Vice Chairperson Trustee or director, Officer | 1 | $0 |
| Mr Jason H Berger | Second Vice Chairprson Trustee or director, Officer | 1 | $0 |
| Mrs Sharon Devine Harris | Secretary Trustee or director, Officer | 1 | $0 |
| Dr Lilia A Abron | Board Member Trustee or director | 1 | $0 |
| Mr Byron Cole | Board Member Trustee or director | 1 | $0 |
| Dr Myke Collins | Board Member Trustee or director | 1 | $0 |
| Dr Deborah Harmon Hines | Board Member Trustee or director | 1 | $0 |
| Mrs Vanecia Kimbrow | Board Member Trustee or director | 1 | $0 |
| Mr Victor Walker | Board Member Trustee or director | 1 | $0 |
| Dr Marlon King | Board Member Trustee or director | 1 | $0 |
| Rev Dr William Ladd | Board Member Trustee or director | 1 | $0 |
| Dr Sandra Madubuonwu | Board Member Trustee or director | 1 | $0 |
| Mr Michael Scarbrough | Board Member Trustee or director | 1 | $0 |
| Dr Claudette Shephard | Board Member Trustee or director | 1 | $0 |
| Dr Haywood Strickland | Board Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 807 WALKER AVE, MEMPHIS, TN 38126-6510
- Principal officer (990 for 2024)
- Joyce A McGhee, 807 Walker Ave, Memphis, TN 38126
- Signed the 990
- Joyce A McGhee, Vice President Director of FinanceC
- Phone
- (901) 435-1000
- Website
- http://www.loc.edu
- Return prepared by
- The Wesley Peachtree Group CPAs
Mission
The College is a liberal arts institution committed to fostering academic excellence and to provide high educational opportunities for a diverse population with disparate levels of academic preparation.
Program accomplishments
- The College is a liberal arts institution committed to fostering academic excellence and providing high quality educational opportunities for a diverse population with disparate levels of academic preparation.Expenses $15,969,057 · grants $1,748,449 · revenue $690,395
- Auxiliary enterprises support the colleges mission of providing quality educational opportunities. These services include, but are not limited to, food service, campus housing, campus post office, vending, campus store and athletics.Expenses $142,893 · revenue $2,582,814
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
- 62-0475690
- 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
- 1956
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B42Z)
- Assets (IRS master file)
- $44,916,722
- Income (IRS master file)
- $19,150,552
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $19,150,552 | $27,326,893 | $44,916,722 | IRS |
| 990 | June 2024 | $20,391,139 | $22,631,484 | $50,175,851 | IRS |
| 990 | June 2023 | $27,458,504 | $25,944,968 | $51,465,324 | XML |
| 990 | June 2022 | $20,712,048 | $20,474,374 | $51,409,321 | 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 62-0475690).
Questions about LEMOYNE OWEN COLLEGE
- What is the EIN of LEMOYNE OWEN COLLEGE?
- The employer identification number (EIN) of LEMOYNE OWEN COLLEGE is 62-0475690.
- Is LEMOYNE OWEN COLLEGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1956.
- Are donations to LEMOYNE OWEN COLLEGE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LEMOYNE OWEN 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 LEMOYNE OWEN 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 LEMOYNE OWEN 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 LEMOYNE OWEN COLLEGE?
- The 990 for the year ended June 30, 2025 names Joyce A McGhee.
- Who are the officers and directors of LEMOYNE OWEN COLLEGE?
- The 990 for the year ended June 30, 2025 lists 30 people; 11 received compensation from the organization, the highest $264,004 (Mr Christopher Davis, President).
- How much revenue does LEMOYNE OWEN COLLEGE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $19,150,552, expenses of $27,326,893 and total assets of $44,916,722 at year end.
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