Nonprofit · EIN 62-0481463
WELCH COLLEGE
Tax-exempt · GALLATIN, TN 37066
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $11,273,717 | $10,326,615 | $947,102 | $41,712,350 | $18,956,385 | $22,755,965 |
| May 31, 2024 | 990 | $10,593,286 | $9,940,128 | $653,158 | $40,318,191 | $18,525,742 | $21,792,449 |
| May 31, 2023 | 990 | $7,976,509 | $10,398,858 | -$2,422,349 | $39,288,183 | $18,211,454 | $21,076,729 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $5,529,153
- of which government grants
- $14,093
- Program service revenue
- $5,502,478
- Investment income
- $224,389
- Net gain from sales of assets
- $66,132
- Net income from fundraising events
- -$14,996
- Other revenue
- $17,697
Expenses
- Grants and similar amounts paid
- $2,213,780
- Salaries, compensation and benefits (total)
- $3,498,738
- Professional fundraising fees
- $0
- Legal fees
- $18,167
- Accounting fees
- $55,500
- Travel
- $432,020
- Depreciation
- $662,849
- Program services (functional)
- $9,108,991
- Management and general (functional)
- $800,431
- Fundraising (functional)
- $417,193
Balance sheet and other
- Total assets, start of year
- $40,318,191
- Total assets, end of year
- $41,712,350
- Total liabilities, end of year
- $18,956,385
- Net assets, end of year
- $22,755,965
- Land, buildings and equipment
- $29,107,456
- Publicly traded securities
- $1,061,911
- Net assets without donor restrictions
- $16,210,601
- Net assets with donor restrictions
- $6,545,364
- Gross receipts
- $11,311,959
- Employees
- 193
- Volunteers
- 0
- Year formed
- 1945
- 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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| J MATTHEW PINSON | PRESIDENT Officer | 40 | $81,013 | $21,131 |
| KEVIN HESTER | VP INSTITUTIONAL EFFECTIVE Officer | 40 | $64,479 | $18,109 |
| MATTHEW MCAFFEE | PROVOST Officer | 40 | $11,578 | $63,025 |
| CRAIG MAHLER | VP-FINANCIAL AFFAIRS Officer | 40 | $24,589 | $39,047 |
| TODD PARRISH | VP FOR INSTITUTIONAL ADVAN Officer | 40 | $8,069 | $53,398 |
| MATTHEW BRACEY | VICE PROVOST Officer | 40 | $37,270 | $23,368 |
| JON FORLINES | VP STUDENT SERVICES/ DEAN Officer | 40 | $44,952 | $10,070 |
| GREG KETTEMAN | VP STRATEGIC INITIATIVES Officer | 40 | $54,319 | $0 |
| REV TIM CAMPBELL | BOARD OF TRUSTEES MEMBER Trustee or director | 1 | $0 | $0 |
| REV WAYNE MIRACLE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DR JEFF CRABTREE | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| RUSTY CAMPBELL | BOARD OF TRUSTEES MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| REV JOSUE SUAREZ | BOARD OF TRUSTEES MEMBER Trustee or director | 1 | $0 | $0 |
| REV BRAD RYAN | BOARD OF TRUSTEES MEMBER Trustee or director | 1 | $0 | $0 |
| REV SHILOH HACKETT | BOARD OF TRUSTEES MEMBER Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REV THERON SCOTT | BOARD OF TRUSTEES MEMBER Trustee or director | 1 | $0 |
| CHRIS TRUETT | BOARD OF TRUSTEES MEMBER Trustee or director | 1 | $0 |
990 for the year ended May 31, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| J MATTHEW PINSON | PRESIDENT Officer | 40 | $78,146 | $29,893 |
| KEVIN HESTER | VP INSTITUTIONAL EFFECTIVE Officer | 40 | $66,474 | $21,368 |
| MATTHEW MCAFFEE | PROVOST Officer | 40 | $12,261 | $67,214 |
| CRAIG MAHLER | VP-FINANCIAL AFFAIRS Officer | 40 | $27,740 | $39,065 |
| MATTHEW BRACEY | VICE PROVOST Officer | 40 | $28,360 | $37,591 |
| TODD PARISH | VP FOR INSTITUTIONAL ADVAN Officer | 40 | $15,705 | $48,841 |
| GREG KETTEMAN | VP STRATEGIC INITIATIVES Officer | 40 | $59,139 | $765 |
| JON FORLINES | VP STUDENT SERVICES/ DEAN Officer | 40 | $45,279 | $11,004 |
| REV WILL BEAUCHAMP | BOARD OF TRUSTEES MEMBER Trustee or director | 1 | $0 | $0 |
| DR JEFF CRABTREE | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| REV SHILOH HACKETT | BOARD OF TRUSTEES MEMBER Trustee or director | 1 | $0 | $0 |
| REV WAYNE MIRACLE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| REV BRAD RYAN | BOARD OF TRUSTEES MEMBER Trustee or director | 1 | $0 | $0 |
| REV TIM CAMPBELL | BOARD OF TRUSTEES MEMBER Trustee or director | 1 | $0 | $0 |
| REV THERON SCOTT | BOARD OF TRUSTEES MEMBER Trustee or director | 1 | $0 | $0 |
| CHRIS TRUETT | BOARD OF TRUSTEES MEMBER Trustee or director | 1 | $0 | $0 |
| RUSTY CAMPBELL | BOARD OF TRUSTEES MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| DAVID WILLIFORD | VP-INSTITUTIONAL ADVANCEME Officer | 40 | $0 | $0 |
990 for the year ended May 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| J MATTHEW PINSON | PRESIDENT Officer | 40 | $79,610 | $24,664 |
| KEVIN HESTER | VP INSTITUTIONAL EFFECTIVE Officer | 40 | $66,474 | $27,566 |
| MATTHEW MCAFFEE | PROVOST Officer | 40 | $20,563 | $67,377 |
| MATTHEW BRACEY | VICE PROVOST Officer | 40 | $19,838 | $50,319 |
| GREG KETTEMAN | VP STRATEGIC INITIATIVES Officer | 40 | $65,350 | $1,837 |
| CRAIG MAHLER | VP-FINANCIAL AFFAIRS Officer | 40 | $30,605 | $34,990 |
| TODD PARISH | VP FOR INSTITUTIONAL ADVANCEMENT Officer | 40 | $19,602 | $41,038 |
| JON FORLINES | VP STUDENT SERVICES/ DEAN Officer | 40 | $46,336 | $8,786 |
| DAVID WILLIFORD | VP-INSTITUTIONAL ADVANCEME Officer | 40 | $16,496 | $27,450 |
| REV WILL BEAUCHAMP | BOARD OF TRUSTEES MEMBER Trustee or director | 1 | $0 | $0 |
| DR JEFF CRABTREE | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| REV SHILOH HACKETT | BOARD OF TRUSTEES MEMBER Trustee or director | 1 | $0 | $0 |
| REV WAYNE MIRACLE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| REV BRAD RYAN | BOARD OF TRUSTEES MEMBER Trustee or director | 1 | $0 | $0 |
| REV TIM CAMPBELL | BOARD OF TRUSTEES MEMBER Trustee or director | 1 | $0 | $0 |
| REV THERON SCOTT | BOARD OF TRUSTEES MEMBER Trustee or director | 1 | $0 | $0 |
| CHRIS TRUETT | BOARD OF TRUSTEES MEMBER Trustee or director | 1 | $0 | $0 |
| RUSTY CAMPBELL | BOARD OF TRUSTEES MEMBER Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1045 BISON TRL, GALLATIN, TN 37066-8460
- In care of
- % CRAIG MAHLER
- Principal officer (990 for 2024)
- J MATTHEW PINSON, 1045 BISON TRAIL, GALLATIN, TN 37066
- Signed the 990
- ALYSSA HILL, DIRECTOR OF FINANCIAL SERVICES
- Phone
- (615) 675-5255
- Website
- HTTPS://WELCH.EDU/
- Return prepared by
- CROSSLIN PLLC
Mission
WELCH COLLEGE IS A CHRISTIAN HIGHER EDUCATION INSTITUTION THAT EDUCATES LEADERS TO SERVE CHRIST, HIS CHURCH, AND HIS WORLD THROUGH BIBLICAL THOUGHT AND LIFE
Program accomplishments
- WELCH COLLEGE IS A CHRISTIAN HIGHER EDUCATION INSTITUTION THAT EDUCATES LEADERS TO SERVE CHRIST, HIS CHURCH, AND HIS WORLD THROUGH BIBLICAL THOUGHT AND LIFE. WE PROVIDE OUR STUDENTS A UNIQUE OPPORTUNITY TO PREPARE FOR LEADERSHIP IN THE PLACE OF SERVICE TO WHICH GOD IS CALLING THEM. WE DO THIS BY TEACHING STUDENTS TO CONFRONT THE INESCAPABLE QUESTIONS OF LIFE FROM THE VANTAGE POINT OF A CHRISTIAN WORLDVIEW, REALISING THE IMPLICATIONS OF CHRISTIAN FAITH FOR THE WORLD AROUND THEM.Expenses $9,108,991 · grants $2,213,780 · revenue $5,535,171
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 62-0481463
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Church
- Exempt since
- 1991
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B420)
- Group exemption
- 8635: NATIONAL ASSOCIATION OF FREE WILL BAPTISTS INC
- Assets (IRS master file)
- $41,712,350
- Income (IRS master file)
- $11,311,959
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $11,273,717 | $10,326,615 | $41,712,350 | XML |
| 990 | May 2024 | $10,593,286 | $9,940,128 | $40,318,191 | XML |
| 990 | May 2023 | $7,976,509 | $10,398,858 | $39,288,183 | XML |
| 990 | May 2022 | $11,542,139 | $10,173,970 | $41,634,056 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 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 62-0481463).
Questions about WELCH COLLEGE
- What is the EIN of WELCH COLLEGE?
- The employer identification number (EIN) of WELCH COLLEGE is 62-0481463.
- Is WELCH COLLEGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Which annual return does WELCH 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 WELCH COLLEGE 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 WELCH COLLEGE 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 WELCH COLLEGE?
- The 990 for the year ended May 31, 2025 names J MATTHEW PINSON.
- Who are the officers and directors of WELCH COLLEGE?
- The 990 for the year ended May 31, 2025 lists 17 people; 8 received compensation from the organization, the highest $81,013 (J MATTHEW PINSON, PRESIDENT).
- How much revenue does WELCH COLLEGE have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $11,273,717, expenses of $10,326,615 and total assets of $41,712,350 at year end.
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