Nonprofit · EIN 94-1312349
CORBAN UNIVERSITY
Tax-exempt · SALEM, OR 97317
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $34,294,617 | $33,724,385 | $570,232 | $27,289,379 | $8,065,502 | $19,223,877 |
| June 30, 2024 | 990 | $34,920,193 | $34,238,483 | $681,710 | $26,036,676 | $7,469,368 | $18,567,308 |
| June 30, 2023 | 990 | $36,268,676 | $34,785,884 | $1,482,792 | $25,266,528 | $7,380,930 | $17,885,598 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,155,559
- Program service revenue
- $31,004,290
- Investment income
- $1,014,568
- Net rental income
- $127,804
- Net gain from sales of assets
- -$4,885
- Net income from fundraising events
- -$7,604
- Other revenue
- $120,200
Expenses
- Grants and similar amounts paid
- $14,240,389
- Compensation of officers, directors and key employees
- $1,176,359
- Other salaries and wages
- $7,132,587
- Salaries, compensation and benefits (total)
- $9,720,228
- Professional fundraising fees
- $0
- Legal fees
- $2,657
- Accounting fees
- $79,625
- Occupancy
- $2,382,703
- Travel
- $964,435
- Depreciation
- $1,127,175
- Program services (functional)
- $29,182,268
- Management and general (functional)
- $3,906,106
- Fundraising (functional)
- $636,011
Balance sheet and other
- Total assets, start of year
- $26,036,676
- Total assets, end of year
- $27,289,379
- Total liabilities, end of year
- $8,065,502
- Net assets, end of year
- $19,223,877
- Land, buildings and equipment
- $14,409,070
- Publicly traded securities
- $2,875,506
- Net assets without donor restrictions
- $15,719,502
- Net assets with donor restrictions
- $3,504,375
- Gross receipts
- $34,368,188
- Employees
- 520
- Volunteers
- 117
- Year formed
- 1935
- State of legal domicile
- OR
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 |
|---|---|---|---|---|
| JOHN MARK YEATS | PRESIDENT Officer | 40 | $214,110 | $120,423 |
| TOM CORNMAN | PROVOST Officer | 40 | $170,143 | $54,162 |
| JORDAN K WADE | VP FOR BUSINESS /CBO Officer | 40 | $140,247 | $2,901 |
| BRYCE BERNARD | PROFESSOR OF BUSINESS Highest-paid employee | 40 | $119,410 | $18,252 |
| SHANNON JOHNSON | VP FOR ADVANCEMENT Officer | 40 | $124,738 | $9,366 |
| BRIAN JAWORSKI | VP FOR STUDENT LIFE Officer | 40 | $103,550 | $23,074 |
| JORDAN LINDSEY | ASSOC. VP FOR ENROLLMENT/MARKETING Officer | 40 | $78,867 | $15,312 |
| MECHELLE GARRETT | ASSOC PROVOST COMMUNITY BELONGING Officer | 40 | $82,345 | $9,248 |
| RODNEY HOFF | CHAIR OF BOARD OF TRUSTEES Trustee or director, Officer | 3 | $0 | $0 |
| JAMES GLEASON | SECRETARY BOARD OF TRUSTEES Trustee or director, Officer | 3 | $0 | $0 |
| CHUCK LIND | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CORNELIUS WILLIAMS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CRAIG HARDINGER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEANNA GARDINER-GARCIA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ED DRESSEL | TRUSTEE Trustee or director | 1 | $0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM WHITE | TRUSTEE Trustee or director | 1 | $0 |
| JOE BEATTIE | TRUSTEE Trustee or director | 1 | $0 |
| LEE ROBERSON | TRUSTEE Trustee or director | 1 | $0 |
| MARK HANKE | TRUSTEE Trustee or director | 1 | $0 |
| PATTI GARRIDO | TRUSTEE Trustee or director | 1 | $0 |
| SERGIO AGUIRRE | TRUSTEE Trustee or director | 1 | $0 |
| VALERIE WEBB | TRUSTEE Trustee or director | 1 | $0 |
| JENNI BURKE | TRUSTEE Trustee or director | 1 | $0 |
| JEFF TRYKA | TRUSTEE Trustee or director | 1 | $0 |
| RODGER PAGE | TRUSTEE Trustee or director | 1 | $0 |
| MIKE PATTERSON | TRUSTEE Trustee or director | 1 | $0 |
| AARON IMIG | VP FOR ACADEMIC ADMIN Officer | 40 | $0 |
990 for the year ended June 30, 2024: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| John Mark Yeats | President Officer | 40 | $143,262 | $71,793 |
| Tom Cornman | Provost Officer | 40 | $180,131 | $12,113 |
| Shannon Johnson | VP for Advancement Officer | 40 | $125,963 | $7,736 |
| Bryce Bernard | Professor of Business Highest-paid employee | 40 | $114,387 | $16,895 |
| Brian Jaworski | VP for Student Life Officer | 40 | $101,702 | $23,248 |
| Felicia Squires | Dean of Faculty Highest-paid employee | 40 | $102,137 | $8,255 |
| Eric Straw | Professor of Business Highest-paid employee | 40 | $101,135 | $1,269 |
| Mechelle Garrett | Assoc Provost for Community Belonging Officer | 40 | $82,669 | $9,564 |
| Jordan Lindsey | Assoc. VP for Enrollment and Marketing Officer | 40 | $81,715 | $8,649 |
| Patricia Shelton | VP for Business and CFO ( Part Year) Officer | 40 | $27,052 | $36,289 |
| Jordan K Wade | VP for Business /CBO Officer | 40 | $29,839 | $373 |
| James Gleason | Secretary Board of Trustees Trustee or director, Officer | 3 | $0 | $0 |
| Rodney Hoff | Chair of Trustee Board Trustee or director, Officer | 3 | $0 | $0 |
| Chuck Lind | Trustee Trustee or director | 1 | $0 | $0 |
| Cornelius Williams | Trustee Trustee or director | 1 | $0 | $0 |
| Craig Hardinger | Trustee Trustee or director | 1 | $0 | $0 |
| Deanna Gardiner-Garcia | Trustee Trustee or director | 1 | $0 | $0 |
| Ed Dressel | Trustee Trustee or director | 1 | $0 | $0 |
| Jim White | Trustee Trustee or director | 1 | $0 | $0 |
| Joe Beattie | Trustee Trustee or director | 1 | $0 | $0 |
| Lee Roberson | Trustee Trustee or director | 1 | $0 | $0 |
| Mark Hanke | Trustee Trustee or director | 1 | $0 | $0 |
| Patti Garrido | Trustee Trustee or director | 1 | $0 | $0 |
| Sergio Aguirre | Trustee Trustee or director | 1 | $0 | $0 |
| Valerie Webb | Trustee Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Sheldon Nord | Former President Former | – | $323,972 | $12,062 |
| Tom Cornman | Provost Officer | 40 | $181,322 | $17,607 |
| Christopher Vetter (Part Year) | Interim Provost Officer | 40 | $115,424 | $24,913 |
| Bryce Bernard | Professor of Business Highest-paid employee | 40 | $122,369 | $15,553 |
| Shannon Johnson | VP for Advancement Officer | 40 | $125,737 | $7,926 |
| Patricia Shelton | VP for Business and CFO Officer | 40 | $101,999 | $6,714 |
| Eric Straw | Professor of Business Highest-paid employee | 40 | $103,793 | $1,269 |
| Brian Jaworski | VP for Student Life Officer | 40 | $71,146 | $13,196 |
| Jordan Lindsey | Assoc VP for Enrollment and Marketing Officer | 1 | $73,892 | $7,431 |
| Mechelle Garrett | Assoc Provost for Community Belonging Officer | 1 | $44,738 | $4,336 |
| James Gleason | Secretary Board of Trustees Trustee or director, Officer | 3 | $0 | $0 |
| Rodney Hoff | Chair of Trustee Board Trustee or director, Officer | 3 | $0 | $0 |
| Chuck Lind | Trustee Trustee or director | 1 | $0 | $0 |
| Craig Hardinger | Trustee Trustee or director | 1 | $0 | $0 |
| Deanna Gardiner-Garcia | Trustee Trustee or director | 1 | $0 | $0 |
| Ed Dressel | Trustee Trustee or director | 1 | $0 | $0 |
| Jim White | Trustee Trustee or director | 1 | $0 | $0 |
| Joe Beattie | Trustee Trustee or director | 1 | $0 | $0 |
| Karen Avinelis | Trustee Trustee or director | 1 | $0 | $0 |
| Mark Hanke | Trustee Trustee or director | 1 | $0 | $0 |
| Patti Garrido | Trustee Trustee or director | 1 | $0 | $0 |
| Ryan Dempster | Trustee Trustee or director | 1 | $0 | $0 |
| Sergio Aguirre | Trustee Trustee or director | 1 | $0 | $0 |
| Valerie Webb | Trustee Trustee or director | 1 | $0 | $0 |
| John Mark Yeats | President Officer | 40 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5000 DEER PARK DR SE, SALEM, OR 97317-9392
- In care of
- % CHRIS ERICKSON
- Principal officer (990 for 2024)
- JOHN MARK YEATS, 5000 DEER PARK DRIVE SE, SALEM, OR 97317
- Signed the 990
- JORDAN K WADE, VP OF BUSINESS/CBO
- Phone
- (503) 375-7020
- Website
- WWW.CORBAN.EDU
- Return prepared by
- CRI CAPIN CROUSE ADVISORS LLC
Mission
CORBAN UNIVERSITY'S GOAL IS TO EQUIP MEN AND WOMEN WHO WILL BRING CHARACTER TO THEIR COMMUNITIES AND COMPETENCE TO THEIR CAREERS, ALL TO THE GLORY OF CHRIST.
Program accomplishments
- TUITION AND FEES USED TO PROVIDE ALMOST 50 UNDERGRADUATE, GRADUATE AND DOCTORAL PROGRAMS, BOTH ON CAMPUS AND ONLINE TO APPROXIMATELY 1,000 STUDENTS. EACH PROGRAM COMBINES ACADEMIC EXCELLENCE WITH CHRISTIAN PRINCIPLES AND PURPOSE, INTEGRATING A BIBLICAL WORLDVIEW IN EVERY CLASS.Expenses $27,219,314 · grants $14,240,389 · revenue $24,450,785
- TO PROVIDE ON-CAMPUS STUDENT HOUSING AND FOOD SERVICES FOR OVER 400 STUDENTS ANNUALLY.Expenses $1,962,954 · revenue $6,553,505
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
- 94-1312349
- 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)
- $27,289,379
- Income (IRS master file)
- $34,368,188
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $34,294,617 | $33,724,385 | $27,289,379 | IRS |
| 990 | June 2024 | $34,920,193 | $34,238,483 | $26,036,676 | IRS |
| 990 | June 2023 | $36,268,676 | $34,785,884 | $25,266,528 | XML |
| 990 | June 2022 | $39,020,278 | $38,026,640 | $25,574,456 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 94-1312349).
Questions about CORBAN UNIVERSITY
- What is the EIN of CORBAN UNIVERSITY?
- The employer identification number (EIN) of CORBAN UNIVERSITY is 94-1312349.
- Is CORBAN UNIVERSITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1956.
- Are donations to CORBAN UNIVERSITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CORBAN 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 CORBAN 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 CORBAN 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 CORBAN UNIVERSITY?
- The 990 for the year ended June 30, 2025 names JOHN MARK YEATS.
- Who are the officers and directors of CORBAN UNIVERSITY?
- The 990 for the year ended June 30, 2025 lists 27 people; 8 received compensation from the organization, the highest $214,110 (JOHN MARK YEATS, PRESIDENT).
- How much revenue does CORBAN UNIVERSITY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $34,294,617, expenses of $33,724,385 and total assets of $27,289,379 at year end.
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