Lees-McRae College Inc

Education organization based in Banner Elk, NC. 538 employees. Exempt under §501(c)(3).

MissionTHE MISSION OF LEES-MCRAE COLLEGE IS TO HELP STUDENTS BROADEN THEIR HORIZONS, PURSUE CAREERS AND FIND THEIR PLACE IN THE WORLD THROUGH EDUCATION AND SERVICE.

EIN
56-0529953
State
NC
Sector
Education
Budget band
$25M–$50M
Latest filing
TY 2023
Records
6 officers · 5 years

Financial snapshot · TY 2023

$36.3M
Total revenue
$37.7M
Total expenses
$123.2M
Net assets

Financial health · TY 2023

68
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
59
10.5 months of expenses
Program efficiency
85
84% spent on programs
Revenue diversity
50
Mix of program fees, grants & contributions

Leadership compensation

$298,078
65th percentile vs. peers
Kevin Phillips
SVP OF ENROLLMENT MANAGEMENT
$204,914
71th percentile vs. peers
Susan Boyette
VP OF ADVANCEMENT
$186,488
40th percentile vs. peers
Jason Jones
VP OF STUDENT AFFAIRS
$139,899
71th percentile vs. peers
Pamela Vesely
VP OF ACADEMIC AFFAIRS AND DEAN OF FACULTY
$112,681
71th percentile vs. peers

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Lees-McRae College Inc Executive Compensation | 990 Data | DoubleNine