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Nonprofit · EIN 41-0693856

DUNWOODY COLLEGE OF TECHNOLOGY

Tax-exempt · MINNEAPOLIS, MN 55403

Financials

$54.8M$42.5M2023$55.4M$48.2M2024
Revenue Expenses · by fiscal year end
Financials of DUNWOODY COLLEGE OF TECHNOLOGY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$55,430,916$48,240,133$7,190,783$136,970,758$11,422,417$125,548,341
June 30, 2024990$54,776,139$42,540,415$12,235,724$123,800,611$8,409,914$115,390,697
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$10,646,872
of which government grants
$291,221
Program service revenue
$39,767,640
Investment income
$4,802,842
Net rental income
$236,247
Net gain from sales of assets
$780,906
Net income from fundraising events
-$22,685
Other revenue
$213,562

Expenses

Grants and similar amounts paid
$4,857,764
Compensation of officers, directors and key employees
$1,486,673
Other salaries and wages
$18,291,916
Salaries, compensation and benefits (total)
$24,720,250
Professional fundraising fees
$119,285
Legal fees
$212,606
Accounting fees
$122,200
Occupancy
$3,619,695
Travel
$232,902
Depreciation
$3,646,139
Program services (functional)
$35,131,017
Management and general (functional)
$10,854,891
Fundraising (functional)
$2,254,225

Balance sheet and other

Total assets, start of year
$123,800,611
Total assets, end of year
$136,970,758
Total liabilities, end of year
$11,422,417
Net assets, end of year
$125,548,341
Land, buildings and equipment
$37,703,344
Publicly traded securities
$62,420,800
Net assets without donor restrictions
$51,052,515
Net assets with donor restrictions
$74,495,826
Gross receipts
$55,974,045
Employees
405
Volunteers
601
Year formed
1914
State of legal domicile
MN

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.

NameTitleHours / weekCompensationOther / benefits
RICHARD WAGNERPRESIDENT EMERITUS
Officer
40$372,435$83,038
SCOTT STALLMANPRESIDENT
Trustee or director, Officer
40$250,941$17,605
BRIAN NELSONVP OF INSTITUTIONAL ADVANCEMENT
Key employee
40$199,435$34,805
CINDY OLSONVP OF ENROLLMENT MANAGEMENT
Key employee
40$172,758$33,364
PATRICIA EDMANVP OF HUMAN RESOURCES
Key employee
40$181,942$17,334
JULIE E MCFADDENDIRECTOR, COMPUTER TECHNOLOGY
Highest-paid employee
40$179,269$14,246
MARK ANDERSONCHIEF TECHNOLOGY OFFICER
Highest-paid employee
40$148,059$33,082
JEFF WILHELMICFO
Officer
40$170,250$8,324
ANTHONY T BULLENACADEMIC DEAN
Highest-paid employee
40$160,416$17,197
EVERETTE DAIGLEACADEMIC DEAN
Highest-paid employee
40$147,647$16,775
POLLY FRIENDSHUHASSOCIATE PROFESSOR
Highest-paid employee
40$129,592$31,553
KIMBERLY A RANDOLPHBOARD CHAIR
Trustee or director, Officer
1$0$0
JULIE A OWENVICE CHAIR & SECRETARY OF THE BOARD
Trustee or director, Officer
1$0$0
CINDY W ROBINSECRETARY OF THE BOARD (THRU 10/2024)
Trustee or director, Officer
1$0$0
THEODORE J CHRISTIANSONTREASURER OF THE BOARD
Trustee or director, Officer
1$0$0
26 more people on this return
NameTitleHours / weekCompensation
BERNARD P ALDRICHTRUSTEE (THRU 2/2025)
Trustee or director
1$0
JERRY ANDERSONTRUSTEE
Trustee or director
1$0
BARBARA BALINSKITRUSTEE
Trustee or director
1$0
ROBERT BODORTRUSTEE
Trustee or director
1$0
DEREK CLARKINTRUSTEE
Trustee or director
1$0
HUTCHINS B COBURNTRUSTEE
Trustee or director
1$0
NANCY M DAHLTRUSTEE
Trustee or director
1$0
JAMES D ENGELSMATRUSTEE
Trustee or director
1$0
CLAIRE M FERRARATRUSTEE
Trustee or director
1$0
LAURA K GRAFTRUSTEE (THRU 9/2024)
Trustee or director
1$0
ANDREW R HECKERTRUSTEE
Trustee or director
1$0
KATHERINE HOLMANTRUSTEE
Trustee or director
1$0
KAREN A ISAACSONTRUSTEE
Trustee or director
1$0
THOMAS M KIEFFERTRUSTEE
Trustee or director
1$0
VELMA J KORBELTRUSTEE
Trustee or director
1$0
DAVID M LYMANTRUSTEE
Trustee or director
1$0
WILLIAM J MATEIKISTRUSTEE
Trustee or director
1$0
BONNIE S MCGRATHTRUSTEE
Trustee or director
1$0
DALE A NORDQUISTTRUSTEE
Trustee or director
1$0
JON L REISSNERTRUSTEE
Trustee or director
1$0
JEFFREY S SCHIPPERTRUSTEE
Trustee or director
1$0
HILLERY SHAYTRUSTEE
Trustee or director
1$0
MARK G SHERRYTRUSTEE
Trustee or director
1$0
STEVEN A SONNENBERGTRUSTEE
Trustee or director
1$0
GREGG E STEDRONSKYTRUSTEE (THRU 10/2024)
Trustee or director
1$0
MAUREEN A THOLENTRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2024: 40 people
NameTitleHours / weekCompensationOther / benefits
RICHARD WAGNERPRESIDENT
Trustee or director, Officer
40$399,296$112,952
TAMMY HUDDLE-MCGEECFO (THRU 2/24)
Officer
40$225,250$19,657
BRIAN NELSONVP OF INSTITUTIONAL ADVANCEMENT
Key employee
40$192,605$39,101
SCOTT STALLMANPROVOST
Officer
40$206,023$19,792
CINDY OLSONVP OF ENROLLMENT MANAGEMENT
Key employee
40$166,496$31,986
PATRICIA EDMANVP OF HUMAN RESOURCES
Key employee
40$167,309$19,339
MARK ANDERSONCHIEF TECHNOLOGY OFFICER
Highest-paid employee
40$133,029$32,695
COLLEEN J NORTONSENIOR DIRECTOR OF LEADERSHIP GIVING
Highest-paid employee
40$142,258$19,464
ANTHONY T BULLENACADEMIC DEAN
Highest-paid employee
40$137,082$17,806
JULIE E MCFADDENDIRECTOR, COMPUTER TECHNOLOGY PROGRAMS
Highest-paid employee
40$146,194$8,296
EVERETTE DAIGLEACADEMIC DEAN
Highest-paid employee
40$135,747$17,741
JEFF WILHELMICFO (AS OF 2/24)
Officer
40$141,872$7,550
NANCY M DAHLBOARD CHAIR
Trustee or director, Officer
1$0$0
KIMBERLY A RANDOLPHVICE CHAIR OF THE BOARD
Trustee or director, Officer
1$0$0
THEODORE J CHRISTIANSONTREASURER OF THE BOARD
Trustee or director, Officer
1$0$0
CINDY W ROBINSECRETARY OF THE BOARD
Trustee or director, Officer
1$0$0
BERNARD P ALDRICHTRUSTEE
Trustee or director
1$0$0
BARBARA BALINSKITRUSTEE
Trustee or director
1$0$0
ROBERT BODORTRUSTEE
Trustee or director
1$0$0
HUTCHINS B COBURNTRUSTEE
Trustee or director
1$0$0
JAMES D ENGELSMATRUSTEE
Trustee or director
1$0$0
CLAIRE M FERRARATRUSTEE
Trustee or director
1$0$0
LAURA K GRAFTRUSTEE
Trustee or director
1$0$0
ANDREW R HECKERTRUSTEE
Trustee or director
1$0$0
KAREN A ISAACSONTRUSTEE
Trustee or director
1$0$0
ARTHUR W JOHNSONTRUSTEE (THRU 10/23)
Trustee or director
1$0$0
THOMAS M KIEFFERTRUSTEE
Trustee or director
1$0$0
VELMA J KORBELTRUSTEE
Trustee or director
1$0$0
DAVID M LYMANTRUSTEE
Trustee or director
1$0$0
WILLIAM J MATEIKISTRUSTEE
Trustee or director
1$0$0
BONNIE S MCGRATHTRUSTEE
Trustee or director
1$0$0
DALE A NORDQUISTTRUSTEE
Trustee or director
1$0$0
JULIE A OWENTRUSTEE
Trustee or director
1$0$0
JON L REISSNERTRUSTEE
Trustee or director
1$0$0
JEFFREY S SCHIPPERTRUSTEE
Trustee or director
1$0$0
HILLERY SHAYTRUSTEE
Trustee or director
1$0$0
MARK G SHERRYTRUSTEE
Trustee or director
1$0$0
STEVEN A SONNENBERGTRUSTEE
Trustee or director
1$0$0
GREGG E STEDRONSKYTRUSTEE
Trustee or director
1$0$0
MAUREEN A THOLENTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
818 DUNWOODY BLVD, MINNEAPOLIS, MN 55403-1141
Principal officer (990 for 2024)
JEFF WILHELMI, 818 DUNWOODY BOULEVARD, MINNEAPOLIS, MN 55403
Signed the 990
JEFF WILHELMI, CFO
Phone
(612) 374-5800
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

DUNWOODY COLLEGE CHANGES LIVES BY BUILDING OPPORTUNITIES FOR GRADUATES TO HAVE SUCCESSFUL CAREERS, TO DEVELOP INTO LEADERS AND ENTREPRENEURS, AND TO ENGAGE IN "THE BETTER PERFORMANCE OF LIFE'S DUTIES." QUOTE IS FROM THE LAST WILL AND TESTAMENT OF WILLIAM HOOD DUNWOODY.

990 for the year ended June 30, 2025

Program accomplishments

  • SEE SCHEDULE OFOUNDED IN 1914, DUNWOODY COLLEGE OF TECHNOLOGY IS THE ONLY PRIVATE, NOT-FOR-PROFIT TECHNICAL COLLEGE IN THE UPPER MIDWEST. HAVING PROVIDED HANDS-ON, APPLIED TECHNICAL EDUCATION TO MORE THAN 250,000 INDIVIDUALS, DUNWOODY IS THE COLLEGE FOR EXPERIMENTERS AND MAKERS, A PLACE WHERE THE CURIOUS AND THE CONFIDENT LEARN BY DOING. LOCATED IN MINNEAPOLIS, DUNWOODY OFFERS A UNIQUE CAMPUS EXPERIENCE IN DEDICATED LABS, STUDIOS, AND SHOPS THAT WHERE STUDENTS ARE TREATED LIKE FUTURE PROFESSIONALS FROM DAY ONE. DUNWOODY CHALLENGES STUDENTS TO COME DETERMINED AND GRADUATE DESTINED.DUNWOODY IS ACCREDITED BY THE HIGHER LEARNING COMMISSION, AN INSTITUTIONAL ACCREDITATION AGENCY RECOGNIZED BY THE U.S. DEPARTMENT OF EDUCATION. THE COMMISSION'S WEB ADDRESS AND PHONE NUMBER ARE : WWW.HLCCOMMISSION.ORG AND 312-263-0456.DUNWOODY IS COMMITTED TO PREPARING STUDENTS FOR GREAT CAREERS IN HIGH-DEMAND, STEM-RELATED FIELDS. SINCE ITS FOUNDING 111 YEARS AGO, DUNWOODY'S GRADUATES HAVE GONE ON TO REWARDING CAREERS AS OUTSTANDING TECHNICIANS, SUCCESSFUL ENTREPRENEURS, AND INDUSTRY LEADERS.DUNWOODY COLLEGE TEACHES PROBLEM SOLVING AND CRITICAL THINKING ALONG WITH PRACTICAL, REAL-WORLD SKILLS THAT ARE SOUGHT AFTER BY BUSINESS AND INDUSTRY.LOCATED ON THE WESTERN EDGE OF DOWNTOWN MINNEAPOLIS, DUNWOODY OFFERS MORE THAN 40 DEGREE PROGRAMS IN THE AREAS OF AUTOMOTIVE, BUSINESS MANAGEMENT, COMPUTER TECHNOLOGY, CONSTRUCTION SCIENCES & BUILDING TECHNOLOGY, ARCHITECTURE, DESIGN, ENGINEERING, RADIOLOGIC TECHNOLOGY, AND ROBOTICS & MANUFACTURING.INSTRUCTION AT DUNWOODY IS STRUCTURED ON A 16-WEEK SEMESTER. AN ACADEMIC YEAR INCLUDES TWO 16-WEEK SEMESTERS WITH A NINE-WEEK SUMMER SESSION. PROGRAMS OF INSTRUCTION MAY LEAD TO A CERTIFICATE, ASSOCIATE OF APPLIED SCIENCE (A.A.S.) DEGREE, A BACHELOR OF SCIENCE (B.S.) DEGREE, OR A BACHEOR OF ARCHITECTURE (B.ARCH.) DEGREE. IT IS DUNWOODY'S GOAL THAT GRADUATING STUDENTS WILL BECOME RESPONSIBLE, CONTRIBUTING CITIZENS AS WELL AS ABLE TECHNICIANS AND LEADERS IN THEIR PROFESSIONS. DUNWOODY ALSO OFFERS TRAINING OPPORTUNITIES TO BOTH INDIVIDUALS AND COMPANIES THROUGH WORKFORCE TRAINING & CONTINUING EDUCATION.AS OF FALL SEMESTER 2025, DUNWOODY HAD AN ENROLLMENT OF 1,584 STUDENTS. FOR THE 2023-2024 ACADEMIC YEAR, DUNWOODY CAREER SERVICES REPORTS A CAREER OUTCOME RATE OF 96 PERCENT AND AN IN-FIELD HIRED RATE OF 90 PERCENT.
    Expenses $35,131,017 · grants $4,857,764 · revenue $39,767,640

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
41-0693856
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
1937
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B300)
Assets (IRS master file)
$136,970,758
Income (IRS master file)
$55,974,045

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$55,430,916$48,240,133$136,970,758XML
990June 2024$54,776,139$42,540,415$123,800,611XML
990June 2023$68,146,431$39,591,054$108,600,351IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS
990June 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 41-0693856).

Questions about DUNWOODY COLLEGE OF TECHNOLOGY

What is the EIN of DUNWOODY COLLEGE OF TECHNOLOGY?
The employer identification number (EIN) of DUNWOODY COLLEGE OF TECHNOLOGY is 41-0693856.
Is DUNWOODY COLLEGE OF TECHNOLOGY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1937.
Are donations to DUNWOODY COLLEGE OF TECHNOLOGY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DUNWOODY COLLEGE OF TECHNOLOGY 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 DUNWOODY COLLEGE OF TECHNOLOGY 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 DUNWOODY COLLEGE OF TECHNOLOGY 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 DUNWOODY COLLEGE OF TECHNOLOGY?
The 990 for the year ended June 30, 2025 names JEFF WILHELMI.
Who are the officers and directors of DUNWOODY COLLEGE OF TECHNOLOGY?
The 990 for the year ended June 30, 2025 lists 41 people; 11 received compensation from the organization, the highest $372,435 (RICHARD WAGNER, PRESIDENT EMERITUS).
How much revenue does DUNWOODY COLLEGE OF TECHNOLOGY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $55,430,916, expenses of $48,240,133 and total assets of $136,970,758 at year end.

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